Recent News

Reworked financial package gives project lifeline

March 30, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe fall in the copper price in response to a slowdown of the global economy in the face of the worldwide spread of the COVID-19 virus has hit the company's financial plans hard.The company has yet to report its 2019 full year financials, but at the end of the third quarter it had US$14.6 million in cash and a negative working capi...Read More

Codelco profits down, state wants tax advance

March 30, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesProduction fell 5.3% to 1.58 million tonnes in 2019 from 1.68Mt in 2018, while C1 cash costs increased 1.8% to $1.41 per pound from $1.39/lb in the prior year period. Codelco's C3 fully allocated cost fell 2.8% to $2.24/lb from $2.30/lb.Codelco said operations in the second semester overcame many of the difficulties the company exp...Read More

Panantza camp attacked in Ecuador

March 30, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company reported its La Esperanza camp was violently attacked by people throwing dynamite and shooting guns, and burning several installations and vehicles.The project in Morona Santiago province is at the advanced exploration stage, although work has been paralyzed since 2006 due to opposition to its development from the Shaur...Read More

Atalaya puts Riotinto on care and maintenance

March 30, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesSpain's government issued a Royal Decree to combat COVID-19 requiring the closure of all but essential industries from March 30 - April 10. Mining was not classified as an essential industry.Canadian bank BMO said the impact of the shutdown to Atalaya was likely to be "relatively limited at this stage", but that a prolonged shutdow...Read More

Trilogy another step closer to Ambler access road

March 30, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesTrilogy said the US Bureau of Land Management had released the final environmental impact statement for the Ambler Mining District Industrial Access Project.Read More

Base metals prices face numerous cross currents

March 30, 2020 / www.metalbulletinresearch.com

Markets were looking quite mixed this morning, Monday March 30, with most Asian-Pacific equity indices down, the pre-market Dow Jones Industrial Average up by 0.2%, oil prices down by around 5% and the base metals prices mixed.Base metals face numerous cross currents with demand expected to recover in China but fall further in the world ex-China, while the Covid-19 virus and lower prices lead to s...Read More

Tech Talk for Monday March 30th 2020

March 30, 2020 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 19 points in pre-opening trade.Johnson & Johnson advanced $5.34 to $128.50 after announcing plans to develop a vaccine against COVID-19.Abbott Labs (ABT $74.56) is expected to open higher after announcing plans to launch a rapid test for COVID-19.Canada Goose gained $0.30 to $20.52 after Wells Fargo upgraded the st...Read More

U.S. Gold Corp. Announces $2.0 Million Registered Direct Offering

March 30, 2020 / www.usgoldcorp.gold

ELKO, Nevada, March 30, 2020 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) today announced that it has entered into a securities purchase agreement with certain institutional investors, providing for the purchase and sale of 357,143 shares of common stock at a price of $5.60 per share in a registered direct offering, resulting in total gross...Read More

Argonaut Gold to merge with Alio Gold in all-share deal

March 30, 2020 / www.northernminer.com

Argonaut Gold (TSX: AR) and Alio Gold (TSX: ALO; NYSE-A: ALO) announced a friendly all-share at-market merger that will create a larger company with a production base of over 235,000 gold-equivalent oz. this year.Under a definitive agreement approved by the boards of both companies, each Alio common share will be exchanged for 0.67 of an Argonaut common share, giving Argonaut and Alio shareholders...Read More

TMAC releases Hope Bay study

March 30, 2020 / www.northernminer.com

TMAC Resources (TSX: TMR) has released key results from a prefeasibility study completed for its wholly owned Hope Bay gold project in Nunavut.This latest study envisions a new 4,000 tonne per day plant to replace the current 2,000 tonne per day facility by 2024. With total capital costs for the expansion estimated at $683 million, including $184 million for a new conventional processing plant, th...Read More

Premier offers US$205M for Centerra's stake in Greenstone Gold Mines

March 30, 2020 / www.northernminer.com

Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is offering to purchase the remaining 50% interest it doesn't already own in the Greenstone Gold Mines Partnership (GGM) from Centerra Gold (TSX: CG) for US$205 million.GGM's principal asset is the Hardrock gold project (formerly known as the Trans-Canada property), in northwestern Ontario, 275 km northeast of Thunder Bay.The acquiring party, at the opti...Read More

Seabridge to acquire 3 Aces gold project in Yukon

March 30, 2020 / www.northernminer.com

Seabridge Gold (TSX: SEA; NYSE: SA) is acquiring the 3 Aces gold project in southeastern Yukon from Golden Predator Mining (TSXV: GPY) for 300,000 Seabridge shares and an immediate cash payment of $263,000 as reimbursement for project expenses.Golden Predator will receive further payments of $1 million on the confirmation of a 2.5 million oz. gold resource at 3 Aces, with another $1.25 million pay...Read More

B of A models 2020 nickel demand

March 30, 2020 / www.northernminer.com

Bank of America forecasts global nickel demand could drop by 2.8% year-on-year in 2020, which could result in a nickel surplus of nearly 150,000 tonnes."Nickel demand has had a comparatively weak start to the year, suggesting fundamentals were already handicapped before the current health emergency," the BofA commented in a research note. "This was heavily influenced by subdued stainless steel pro...Read More

Tale of two curves: costs and COVID-19

March 30, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe ESG bar has just been raised... Who will get over it?SPONSOREDstrategia worldwideThe first curve is one that didn't exist until a month ago, it's the one measuring the rate of incre...Read More

Coparmex llama a mantener fuentes de empleo

March 30, 2020 / www.youtube.com

Gustavo de Hoyos, Titular de Coparmex, habla en entrevista sobre el llamado que realizan para mantener las fuentes de empleo en la crisis por Covid-19.30 de marzo de 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitt...Read More

??LTIMA HORA: Suman 1094 casos confirmados y 28 fallecimientos por Covid-19 en M?(C)xico

March 30, 2020 / www.youtube.com

En conferencia de prensa la SSa confirmo 1094 casos positivos por Covid-19, as?- como el fallecimiento de 28 personas por la enfermedad.30 de marzo de 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsio...Read More

As?- se preparan en la Acald?-a Benito Ju??rez para superar la crisis

March 30, 2020 / www.youtube.com

Santiago Taboada, Alcalde de Benito Ju??rez, habla en entrevista sobre el plan de apoyo que aplicar??n para superar la crisis provocada por el Covid-19.30 de marzo de 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twit...Read More

Ciudadanos de Veracruz se resisten a la cuarentena

March 30, 2020 / www.youtube.com

Pese a las recomedaciones de la Secretar?-a de Salud, habitante y trabajadores de Pemex en Coatzacoalcos, Veracruz; contin??an saliendo a las calles sin respetar la cuarentena por Covid-19.30 de marzo de 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook....Read More

Consejo de Salubridad sesiona en Palacio Nacional

March 30, 2020 / www.youtube.com

Desde la una de la tarde, en Palacio nacional sesiona el consejo de salubridad cuyos detalles ser??n dados a conocer en la conferencia de prensa de las 7pm.30 de marzo de 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://...Read More

??LTIMA HORA: Reportera es v?-ctima de ataque armado en Veracruz

March 30, 2020 / www.youtube.com

En informaci??n de ??ltima hora, la reporteraMar?-a Elena Ferral en Papantla, Veracruz; recibi?? seis balazos y fue trasladada a un hospital de la zona.30 de marzo de 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twit...Read More

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