Gold Resource Corporation (NYSE:GORO) (the Company) announced the appointment of Ms. Kimberly Perry to the Company's Board of Directors effective April 11, 2019. Read full newsRead More
The first phase of a 40,000-tonne per year battery cathode material project in southeast China's Fujian province has been put into production, according to the local government.The 3.1 billion yuan ($462.07 million), three-phase project in Dongqiao is a joint venture between Xiamen Tungsten and Fujian Mindong Electric Power Co. It will be China's largest plant for production of cathode materials f...Read More
Zinc is coming under sustained attack from bearish funds.The trigger for the assault was Tuesday morning's London Metal Exchange (LME) stocks report, showing 10,625 tonnes of inflow into exchange warehouses.The London zinc price slumped from $2,867.00 per tonne to $2,821.50 in 30 minutes. It stabilised briefly before heading lower and was last around $2,815.00.Funds have pounced on the stocks sign...Read More
Ahead of the Herd has been digging into why central banks are buying a lot of gold recently. What we've found is eyebrow-raising, to say the least. It may be the best reason you've ever read for wanting to buy gold.Take this headline from the Northern Miner: "Editorial: Central banks are major gold buyers in 2019". Citing statistics from the World Gold Council, the Northern Miner reports that cent...Read More
It's not quite yet pistols at dawn, but Rio Tinto's polite warning to mining lobby groups that they have to acknowledge the threat of climate change is likely a sign that the industry will inevitably fracture into two camps.These factions could be described as the "green" miners, who produce the minerals essential for the transition from the age of oil to the age of electricity, and the "dirty" mi...Read More
A railway that carries zinc from major producers such as Glencore across Australia's Outback is expected to reopen this month, Queensland's transport minister said on Tuesday."Every resource has been made available to accelerate recovery works," Mark Bailey said in a statement. "Queensland Rail expects to reopen the full length of the 1,000-km Mount Isa line from Monday, April 29," he said.The 1,0...Read More
Takeover target Lynas Corp Ltd on Tuesday reported a 32.5 percent rise in production of rare earths oxides during the quarter, as it fends off a takeover offer from retails-to-chemicals conglomerate Wesfarmers Ltd .Output of rare earths oxides (REO) in the quarter ending March 31 was 5,444 tonnes, compared with 4,110 tonnes produced last year.Production of NdPr, or neodymium-praseodymium, rose 19....Read More
Shares in silver producer Hecla Mining (NYSE:HL) fell on Tuesday after it became public that a judge in the US state of Montana overturned the water permit approval for the company's proposed Rock Creek mine.The licence would have allowed Hecla to pump groundwater to supply the proposed copper and silver mine in the Cabinet Mountain Wilderness, an area of glaciated peaks and valleys that take thei...Read More
A report recently published by Future Market Insights predicts that the mining flotation chemicals market will reach $10 billion by 2020.Mining flotation chemicals help a certain desired mineral float out from the rock surface during the ore beneficiation process. Given that different minerals have different surface flotation characteristics, there is a variety of corresponding chemicals that prom...Read More
During a trade mission to Sierra Leone that involved a group of 29 international diamantaires and jewelers, Martin Rapaport, Chairman of the Rapaport Group, presented a proposal to the government of Sierra Leone that he believes would optimize the country's diamond industry.In a media statement, Rapaport said the proposal includes a systematic and sustainable business model that "will optimize the...Read More
April 15 (Reuters) - Chifeng Jilong Gold Mining Co Ltd : * SAYS IT PLANS TO BUY JILIN HAN FENG MINING TECHNOLOGIES VIA SHARE ISSUE, SHARE TRADE TO HALT FROM APRIL 16 Source text in Chinese: http://tinyurl.com/y43mo4h7 ...Read full newsRead More
". @revivalgoldinc will be at Mining Journal Select on 25th - 26th June 2019, London, United Kingdom #MJSelect #MJS #Aspermont"Read full newsRead More
Hudbay Minerals' (TSX, NYSE: HBM) second-largest investor, Waterton Global Resource Management, has filed a lawsuit against the Canadian miner in a bid to constrain its ability to solicit proxies.Waterton alleges that the company's management information circular in respect of its annual and special meeting of shareholders to be held on May 7, 2019 contains misrepresentations.The private-equity fi...Read More
In the latest edition of Canadian Insider Insights, we assess what slumping insider sentiment means for the broad market as well as pot stocks. Importantly, as we head into summer, we expect stock selection will play an outsized role in delivering performance for investors. Meanwhile, our insider of the week comes from the junior mining group where many eyes are focused on the James Bay area in Q...Read More
Lundin to pay up to US$1-billion for Chapada gold copper mine in BrazilRead full newsRead More
April 15 (Reuters) - Chifeng Jilong Gold Mining Co Ltd : * SAYS IT PLANS TO BUY JILIN HAN FENG MINING TECHNOLOGIES VIA SHARE ISSUE, SHARE TRADE TO HALT FROM APRIL 16 Source text in Chinese: http://tinyurl.com/y43mo4h7 ...Read full newsRead More
Vancouver, BC -World Class Extractions Inc. ("World Class") (CSE: PUMP) andQuadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron") are pleased to announce that they have entered into an arrangement agreement providing for the merger of the companies (the "Agreement").Summary of the ArrangementPursuant to the Agreement, World Class has agreed to acquire, through a wholly-owned subsid...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") is pleased to announce assay results for the last drill holes from the winter 2019 drilling program. Drill hole LE19-12 was collared 75m to the west of the discovery section and intersected 8.5m of 3.2% U3O8, 2.1% Ni and 0.2% Co, including 1.0m of 14.3% U3O8 and 1.1% Ni. The final drill hole of the prog...Read More
"5 Top Weekly TSXV Stocks: Aguia resources up and last week's other top-gaining stocks on the TSXV:https://t.co/tvb3L7jLqV #TSXV #juniormining #exploration #investing"Read full newsRead More
"5 Top Weekly TSX Stocks: Lydian leaps on amulsar ruling. See who were the other top gainers on the TSX last week at https://t.co/bolxB0buIE #TSX #mining #investing"Read full newsRead More