Vast Resources PLC (LON:VAST) CEO Andrew Prelea caught up with Proactive Investors to discuss the thinking behind their decision to team up with Botswana Diamonds PLC (LON:BOD) to investigate diamond opportunities together in Zimbabwe.Under the terms of the MoU, the two companies have agreed to exchange information derived from past exploration on areas prospective for diamonds in Zimbabwe a...Read More
The world's war on coal is making its biggest producers a lot richer, at least for now.Read full newsRead More
The INSIDER team visits The Ainsworth in New York City to try $1,000 gold wings that Jonathan Cheban, otherwise known as Foodg??d, created with the restaurant. ARead full newsRead More
The INSIDER team visits The Ainsworth in New York City to try $1,000 gold wings that Jonathan Cheban, otherwise known as Foodg??d, created with the restaurant. A plate of 50 wings is served with a bottle of champagne.Read full newsRead More
Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the 'Company' or 'Pacton') is pleased to announce that it has entered into an amended agreement with Sprott Capital Partners to act as lead agent (the 'Lead Agent'), on its own behalf and on behalf of a syndicate of agents including Red Cloud Klondike Strike Inc.Read full newsRead More
Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.Read full newsRead More
Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) ('Signature' or the 'Company') is pleased to announce that preliminary interpretation of the recently completed Terraquest airborne geophysical survey shows that the gold mineralized zones at Lingman Lake display correlation to both the magnetic and electromagnetic components of the survey.Read full newsRead More
Mr. Matthew Hornor reportsMAPLE GOLD REPORTS DRILL RESULTS FROM CENTRAL PORPHYRY ZONE AT DOUAY: 158.2M @ 1.25 G/T AU, INCLUDING 52 METRES @ 3.53 G/T AUMaple Gold Mines Ltd. has released additional drill results from its current winter drilling campaign at the Douay gold project. Hole DO-18-216 intersected52 metres grading 3.53 grams per tonne gold (uncut), within a broader 158.2-metre interval gra...Read More
Larry Bottomley, chief executive of Chariot Oil & Gas Limited (LON:CHAR) discusses with Proactive's Andrew Scott the Rabat Deep exploration well, offshore Morocco, which has failed to find a hydrocarbon accumulation.Bottomley says the well was drilled safely to a depth of 3,180 metres and while it didn't encounter oil or gas it did penetrate a thick top seal and tight, fractured carbonates in...Read More
Matthew Idiens, chief executive of Rose Petroleum PLC (LON:ROSE), tells Proactive's Andrew Scott they've raised ?1mln of new capital to support their plans in Utah's Paradox basin.Some ?633,920 of the raise is conditional upon shareholder approval, at an general meeting that will now be convened on May 21.The funding proceeds will be used to advance the group's assets in the Paradox basin - it w...Read More
Mick Billing, chairman of Thor Mining PLC (LON:THR), tells Proactive's Andrew Scott they've had positive findings from an initial surface sampling exploration programme at the Bonya tungsten and copper project in Australia's Northern Territory.Billing describes assay results from rock chip samples taken from four of the 13 outcropping tungsten deposits that comprise the project as "encouraging".Th...Read More
David Archer, chief executive at Savannah Resources Plc (LON:SAV), caught up with Proactive's Andrew Scott in studio to talk through another significant increase in the mineral resource estimate at their Mina do Barroso lithium project in northern Portugal.Savannah's reported a 52% increase in the JORC 2012-Compliant Indicated and Inferred Mineral Resource Estimate for the project - which now stan...Read More
Mr. Vishal Gupta reportsCALIFORNIA GOLD ANNOUNCES NEW HIGH-GRADE ASSAYS FROM THE QUEEN SPECIMEN ZONE - INTERSECTS 2.06 G/T AU ACROSS 19.3 M, INCLUDING 9.14 G/T AU ACROSS 0.5 M AND 5.11 G/T AU ACROSS 3.4 M AT FREMONT (TRUE WIDTHS ARE APPROXIMATELY 91% OF REPORTED INTERVALCalifornia Gold Mining Inc. has releasednew assay results from the continuing resource drilling program at the Queen Specimen zo...Read More
Glencore Plc's clash with former partner Dan Gertler over unpaid royalties at a key Congolese copper mine deepened as the legal battle spread to a London court.The Swiss miner was on Tuesday granted a temporary injunction against the Israeli billionaire after petitioning the London court to rule against a Congolese judge's decision last week to freeze assets at its Kamoto Copper project, people fa...Read More
Ontario is investing in the mining supply and services sector and creating jobs in the North by investing in 12 projects, helping to create 20 new full-time jobs.Through the Northern Ontario Heritage Fund Corporation, the province is investing in 12 mining supply and services companies across Northern Ontario including NorArc Steel in Earlton. The company will receive funding to design and build a...Read More
Mr. Darin Wagner reportsBALMORAL CONTINUES TO EXPAND BUG GOLD DEPOSIT AND NEARBY HORSEFLY ZONE DOWN PLUNGEBalmoral Resources Ltd.'s initial results from the winter 2018 drill program on the company's Martiniere property in Quebec have successful extended down plunge both the South zone of the Bug gold deposit and the proximal, near-surface Horsefly gold zone.Drill holes MDE-18-324 and 325 both int...Read More
Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD REPORTS SOLID EARNINGS AND CASH FLOW IN FIRST QUARTER 2018, ANNOUNCES DIVIDEND INCREASEKirkland Lake Gold Ltd. has provided its financial and operating results for the first quarter of 2018. The company's full financial statements and management discussion and analysis are available on SEDAR and on the company's website. The company also announced today...Read More
Today marks the first day that Nova Scotia mining companies can apply for fuel tax rebates for fuel consumed at mines, quarries and pits."Getting the rebate is a tremendous win for Nova Scotia's mining industry and a clear indication of the government's support of our industry," said Sean Kirby, Executive Director of the Mining Association of Nova Scotia (MANS). "This policy change sends a signa...Read More
South African gold producers are expected to sing this week a settlement in a lawsuit over fatal lung disease and tuberculosis miners contracted while working for them, ending this way the country's largest ever class action against mining companies.Speaking to Reuters, lawyer Richard Spoor, who represents about half a million workers and their families, said the companies would sign the out-of-...Read More
Mr. Michael Allen reportsSTEP-OUT DRILLING BY NORTHERN EMPIRE DEMONSTRATES RESOURCE EXPANSION AND NEW DISCOVERY POTENTIALNorthern Empire Resources Corp. has released exploration results from drilling the Daisy and Secret Pass deposits. These are two of four deposits that the company controls and is actively exploring within the 100-per-cent-owned, 141-square-kilometre Sterling gold project in Nye...Read More