Leo Koot, executive chairman of Columbus Energy PLC (LON:CERP), discusses with Proactive the restructuring of the Beach Oilfield Limited (BOLT) transaction in the South West Peninsula of Trinidad.''Up until now we've been focused on Goudron and Goudron production ... this deal gives us the opportunity to allow Goudron to do what it does ... but the big growth is in this deal in the South West Peni...Read More
Canada-listed Fura Gems (TSX-V:FUR), a new gemstone mining and marketing company headed by the former COO of Gemfields (LON:GEM), has kicked off initial production at its Coscuez emerald mine in Colombia.The early output of 1,720 carats of emeralds, including 826 carats of top quality ones, was achieved through a bulk-sampling program carried out within eight weeks of the completing the acquisiti...Read More
Indonesia's state mining holding company, PT Inalum, expects to reach an agreement soon on bank financing to buy a controlling stake in the local unit of Freeport McMoran Inc, the holding company's chief executive said on Wednesday.Indonesia and Freeport have agreed in principle that the U.S. miner would divest 51 percent of its local unit with funding provided by Inalum for the purchase of the ri...Read More
British Columbia's ministries of environment and energy have issued an environmental assessment certificate to BURNCO Rock Products' 70-hectare sand, gravel and rock mine, located on the northwest shore of Howe Sound.Known as the BURNCO project, the mine sits approximately 22 kilometres southwest of Squamish and on the traditional territories of the Squamish Nation, Tsleil Waututh Nation, and Musq...Read More
A gold mining company is donating $275,000 to help build a vocational and technical education center for Cripple Creek-Victor School District RE-1.Read full newsRead More
Dynasty Gold Congratulates Hecla Mining on Acquisition of Klondex Gold Mines in the Midas Gold Camp, NevadaVancouver, British Columbia (FSCwire) - Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) (Read full newsRead More
We recognize that we can’t predict the price of gold. Rather, we view gold mining companies the same way we look at any extractive industry:Read full newsRead More
Dynasty Gold Congratulates Hecla Mining on Acquisition of Klondex Gold Mines in the Midas Gold Camp, NevadaVancouver, British Columbia (FSCwire) - Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) (Read full newsRead More
It's very important for gold, bond, and stock market investors to stay focused on the main fundamental price drivers and ignore what may feel exciting but is largely irrelevant to price discovery. Citizen demand from China/India and US central bank policy are the main price drivers for gold.From 1960 to 1980, US recessions were generally inflationary, and the Fed raised rates during that period....Read More
Last year was a great year for copper and zinc producers. Copper price surged by 30% to US$3.27 a pound in 2017, reaching a four-year high. The copper price has gained more than 50% in value since hitting a multi-year low at the beginning of 2016.The rally for zinc has been even more spectacular, ending 2017 at a decade high of US$3,330 a tonne. The zinc price has more than doubled since it hit bo...Read More
BHP (AU:BHP) had a positive day in Australian trade after telling a Global Iron Ore and Steel Forecast conference in Perth that emerging Asia would drive steel demand.Staff reporterMajor project nearing approval21 MARCH 201821/03/2018commentsshareWestern Australia iron ore asset president Edgar Basto said the company's South Flank iron ore project was scheduled to be submitted for board approval m...Read More
Last year, Blackheath Resources (BHR.V) completed an additional drill hole at the Santa Helena breccia, part of the Borralha tungsten project. This hole was drilled approximately 100 meters south of hole 8A where assay results revealed an interval of 118 meters containing 0.29% WO3.Hole BO17 entered mineralization at a depth of just 5 meters and intersected a wide interval of 157 meters at 0.17% W...Read More
CRU lead, zinc and precious metals research manager Ryan Cochrane presented at the CRU Metals in the Future 2018 conference this week, talking about investment opportunities posed by the four main base metals - nickel, copper, zinc and lead.Staff reporter Ryan Cochrane and CRU see zinc prices continuing their run until the middle of the yearCRU Group21 MARCH 201821/03/2018commentsshare Mining Jour...Read More
Much has been made of the world's vast lithium resources during the slow realisation that the electric-vehicle (EV) story had both a supply and demand side. However, China, the world's largest consumer of lithium, has no plans to ease up on its efforts to lock in supply, regardless of how much is on offer. China's progressive attempt to gain control over its lithium supply21 MARCH 201821/03/20...Read More
Brixton Metals (BBB.V) continues its exploration activities in the Cobalt Camp in Ontario, and has now released the assay results from another six holes drilled at the Hudson Bay project. Hole 06 is the most intriguing hole as it intersected 6.7 meters of approximately 20 ounces of silver per tonne of rock as well as 0.26% copper and 0.57% ZnPb. There was no cobalt present in hole 6 (which is perh...Read More
Ongoing construction of access tunnels at the Ivanhoe Mines Kamoa-Kakula Copper Project's initial high-grade Kansoko Sud mining area in D.R. Congo. Source Ivanhoe Mines Ltd.On March 9, 2018, DRC President Joseph Kabila signed into law a new mining code that raises royalties and taxes on mining operations, while removing a stability clause in the current law that has been protecting miners from cha...Read More
Antibe Therapeutics Inc. (TSXV:ATE) announced positive results from a Phase 2b gastrointestinal (GI) safety study for its lead drug candidateSmallCapPower | March 21, 2018: Antibe Therapeutics Inc. (TSXV:ATE), a biotechnology company focused on pain and regenerative medicine, Tuesday announced positive results from a Phase 2b gastrointestinal (GI) safety study for its lead drug candidate, ATB-346....Read More
The growth potential of the new energy metals industry may be too large for investors to ignore, with even those mainstream backers starting to see proof of broader market acceptance, Pala Investments vice president Jessica Fung says.Cobalt, along with copper, are Pala Investment's top new energy metal investment choices21 MARCH 201821/03/2018commentsshare "In the last five years, we've seen g...Read More
Channel sampling at Equitorial's Little Nahanni Pegmatite Group (LNPG) property in the Northwest Territories. Source: Equitorial Exploration Corp.The project is adjacent to the Cat Lake mineral project (previously the Irgon Lithium Mine) owned by Quantum Minerals Corp. [QMC-TSXV, QMCQF-OTC, 3LQ-FSE].Drill hole CT-18-02 is the second drill hole of the company's aggressive 1,100-metre drill program....Read More
Mining companies no longer have a choice on whether to integrate social development goals into how they operate, particularly in the face of projected expanding demand for battery raw materials.Mining companies need to ensure they collaborate with communities from the get-go and reduce their environmental footprintAnglo21 MARCH 201821/03/2018commentsshare Darryn Quayle, the UK Department for Inter...Read More