Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsHe said the country had US$59.Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsHe said the company was ready to kick off development of its $1.Read More
Canada's Explorex Resources (CSE: EX) announced that it wants to buy New Tech Minerals' (CNSX: NTM) Buena Vista Hills cobalt - iron oxide - copper-gold project, located in Pershing County, Nevada.In a press release, Explorex said Buena Vista Hills seems to be a unique opportunity and setting for a large scale near surface cobalt target.In order to buy the property, the Vancouver-based miner entere...Read More
Canada's mining ministers, with the exception of those from Ontario and Saskatchewan, made public on Sunday the Canadian Minerals and Metals Plan or CMMP, which is expected to guide priority areas for the sector in the coming years.Among those key themes are raising Canadians' awareness of the importance of the minerals and metals sector, responding to ongoing and emerging challenges, and helping...Read More
Financing for global mining and exploration lost momentum in 2018 with equity markets in particular shunning the metals and minerals sector according to a report released on the eve of mining's biggest annual gathering in Toronto, Canada.State of Mining Finance 2019, produced by the Prospectors & Developers Association of Canada (PDAC) and junior financing tracker Oreninc, paints a grim picture of...Read More
Consolidation among smaller gold miners is expected to be top of mind as much of the industry meets in Toronto this week, with dealmakers cautiously optimistic a fresh wave of buyouts is imminent once major pending transactions are settled.Barrick Gold Corp's $18 billion hostile bid for rival Newmont Mining Corp last week came shortly after the former's acquisition of Randgold Resources and the la...Read More
Lucara sells large diamonds for US$32.5mPrecious stonesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesBut often, the action plans they craft for improving performance are disconnected from the...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftThey're questions that ought to keep investors alert as they contemplate high levels of free cash flow across the industry, and ultra-low debt levels in a mining sector seemingly awash in money - butRead More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"We identified the target after revie...Read More
The gold miners' stocks have been climbing higher on balance, enjoying a solid upleg that is gathering steam. That's fueling improving sentiment, driving more interest in this small contrarian sector. This gold-stock upleg is likely to grow in coming months, partially because of very-favorable spring seasonals. The gold stocks' second-strongest seasonal rally of the year typically unfolds be...Read More
Chile's Codelco, the world's No. 1 copper producer, is expected to generate $13.9 billion in revenue in 2019 while operating costs would be of $9.9 billion. This is according to the budget approved by the Finance Ministry's Budget Directorate.Local newspaper La Tercera reported that following a mandatory annual review of all state-owned companies, the Directorate estimated that Codelco's earnings...Read More
For the second year in a row, mineral and coal exploration expenditure in British Columbia increased in 2018.This is according to the British Columbia Mineral and Coal Exploration Survey carried out by the provincial Ministry of Energy, Mines and Petroleum Resources, the Association for Mineral Exploration and Ernst & Young.After collecting insights from nearly 300 exploration projects across BC,...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicals"We hope this will confirm it has tier one economics … I hope SolGold becomes for Ecuador what BHP was for Australia, a 100-150-year company.Read More
Alkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesThe new resource has 250 million tonnes grading 0.48% copper, 0.29 grams per tonne of gold and 7.5g/t of silver for a 0.74% copper equivalent grade or a 1.09g/t gold equivalent grade in the indicated category, containing 2.6 billion pounds of copper, 2.3 million ounces of gold and 61Moz of silver.In addition, it h...Read More
The Peruvian government will likely grant Southern Copper Corp a construction license for its $1.4 billion Tia Maria project before its environmental permit expires in August, the energy and mines minister told Reuters on Thursday.Southern Copper has spent years waiting for the construction license, a final green light for Tia Maria that consecutive governments have declined to give amid fears it...Read More
First Vanadium (TSX-V: FVAN) is one of the better known vanadium companies. Its CEO, Paul Cowley, can be seen in a number of video clips that I linked to at the bottom of the page. Despite being a blue chip name, First Vanadium's market cap is just US$19.5 M. This, for a company that claims to have the highest-grade primary vanadium project in North America, and a plan to fast-track its fl...Read More
Canada's mining sector is going through dramatic change, but the industry remains bullish on growth, KPMG International's latest Global Mining Risk Report finds.While recent merger and acquisition transactions have raised concerns about the future of Canada's mining sector, domestic firms remain optimistic about growth opportunities. Canadian stock exchanges are the global leader in mining financ...Read More
If you're wondering why London Metal Exchange (LME) stocks of metals such as copper and zinc are so low, part of the answer lies with the current strength of Chinese imports.LME copper stocks, excluding metal awaiting load-out, currently total a meagre 21,600 tonnes, the lowest since 2005.There are just 52,650 tonnes of "live" LME zinc stocks, a level not seen this century.Lead can be added to the...Read More
Aurubis AG, Europe's biggest copper smelter, is still seeking growth via acquisitions, CEO Juergen Schachler said on Thursday."As a practically debt-free company we possess a comfortable financial scope," Schachler told shareholders in Hamburg."But we intend to undertake small or medium-sized acquisitions rather than a large transaction."Schachler repeated a previous forecast for the 2018/19 finan...Read More
On the one year anniversary of the signing of the Peru-Australia Free Trade Agreement (PAFTA), the Minerals Council of Australia issued a statement saying that the ratification of the deal is expected to deliver major investment and job opportunities for Australia's mining industry."Under PAFTA, Peru will eliminate 99.4% of its tariffs, including on valuable Australian resources such as iron ore,...Read More