VANCOUVER - Hecla Mining Co. says it's buying Vancouver-based gold miner Klondex Mines Ltd. for $605 million with a mix of cash and shares.Idaho-based Hecla will gain control of Klondex's Fire Creek, Midas, and Hollister underground gold mines in Nevada, while Klondex will spin out its True North mining operations in Manitoba into a new entity for existing shareholders.Hecla says its focus is h...Read More
Rye Patch Gold's Florida Canyon Mine looking northwest. Source Rye Patch Gold Corp.Under the arrangement, each common share of Rye Patch will be exchanged for 0.48 common shares of Alio Gold.The offer values Rye Patch at $128 million, or $1.57 per share, marking a 35% premium based on the 20-day volume weighted average trading price of Alio Gold and Rye Patch shares during the period ended March 1...Read More
Here are eight words I never thought I'd say:Amazon is selling products from a marijuana company.It's true.And this company has also inked deals with Walmart and Home Depot.That's right.Three of the biggest retailers on the planet are now selling products developed by a company that's in the legal marijuana business.Think about that for a minute...Have you ever imagined that you'd be able to walk...Read More
Wheaton Precious Metals (NYSE: WPM, TSX: WPM) is the world's largest, high-margin, pure silver and gold streaming company, that offers investors cost predictability, direct leverage to increasing silver and gold prices, and a high-quality asset base. We learned from Randy Smallwood, President and CEO of Wheaton Precious Metals, that they produce substantially more metal than any other streaming co...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Six Explorers to Watch as Mining Sector 'Primed for a Re-Awakening'Source: Streetwise Reports March 19, 2018 (Investorideas.com Newswire) PI Financial recently highlighted junior explorers to watch for "potentially game-changing 1H18 news flow....Read More
Some people say that “No civilian should have military style weapons!”Ironically they also criticize those who say gun ownership deters oppressive government. “Oh yea, your hunting rifle is going to stand up against the government’s tanks and bombs,” they laugh.And yet, guerrilla warfare is extremely difficult to defeat.Don’t get me wrong, I would not like to se...Read More
Three editors of Colorado School of Mines' literary and arts journal received some extra-special inspiration at the Association of Writers and Writing Programs Conference in Florida: They got to meet with Man Booker Prize-winning author and Mines alumnus George Saunders '81 before he delivered the event's keynote speech.High Grade co-editors in chief Wenli Dickinson, a senior in environmental engi...Read More
Global copper production will spike over the next decade as rising prices and increasing demand from the electric vehicles sector encourage project development, a new reports shows.According to analysts at BMI Research, output for the red metal worldwide will grow an average annual rate of 3.6% over 2018 – 2027 thanks to a number of major projects come online, particularly in Peru and Aust...Read More
Australia's Newcrest Mining (ASX: NCM) said that its Wafi-Golpu joint venture with Harmony Gold in Papua New Guinea will need a further $200 million cash injection to get built under improved plans.The updated feasibility study, released Monday, foresees a larger, $2.8-billion gold and copper project with mine wastes being piped into the ocean. Building the proposed mine had been previously expec...Read More
Zimbabwe's new government has changed its empowerment ownership laws for the diamond and platinum sectors, in an effort to re-engage international lenders, curb spending and attract investors to revive the country's battered economy.The new rules, Reuters reports, limit majority ownership by state entities to only diamond and platinum operations and not the entire mining sector as in previous...Read More
https://www.reuters.com/MELBOURNE/VANCOUVER (Reuters) – Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up.Mine developers say interest from Japanese and Korean firms is particularly strong as they compete with rivals from Chi...Read More
Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,589.39, down 121.94 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 15 cents, or 1.37 per cent, to $10.80 on 9.6 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.53 per cent, to $3.77 on 7.98 million shares.Neovasc Inc. (TSX:NVC). Medical de...Read More
Rathdowney Resources Ltd. (TSXV: RTH) is a Canadian company whose primary focus is developing and permitting its flagship, 100%-owned Olza zinc-lead-silver development project in Poland. Rathdowney is committed to creating value for its shareholders and advancing Olza by having invested +C$25M into exploration and development activities. We learned from Roger Blair, Vice President of investor rela...Read More
Posted: Mar 19, 2018JK: Discovery Watch Mar 19, 2018 with Jim Goddard and John KaiserPublished: Mar 19, 2018HSC: Discovery Watch Mar 19, 2018: Crazy Volume In Novo SharesDiscovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects wil...Read More
Published on: Mar 19, 2018 | by finfeedCastillo Copper (ASX:CCZ) has today informed the market than an encouraging desktop report from geology consultant, Xplore Resources, has highlighted considerable potential for additional cobalt mineralisation and favourable zones of outcrops across the company's Broken Hill Project.This prolific NSW region is steadily emerging as a new global supply chain hu...Read More
Posted: Mar 19, 2018JK: Discovery Watch Mar 19, 2018 with Jim Goddard and John KaiserPublished: Mar 19, 2018HSC: Discovery Watch Mar 19, 2018: Crazy Volume In Novo SharesDiscovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects wil...Read More
Castillo Copper (ASX:CCZ) has today informed the market than an encouraging desktop report from geology consultant, Xplore Resources, has highlighted considerable potential for additional cobalt mineralisation and favourable zones of outcrops across the company's Broken Hill Project.This prolific NSW region is steadily emerging as a new global supply chain hub, especially given current cobalt sent...Read More
Publisher's Note: Today we have the first of two parts of Gerardo Del Real's interview with Mr. Michael McInnis, Executive Chairman of Abacus Mining and Exploration (TSX-V:AME) (OTC:ABCFF).Today and tomorrow, we'll see how Abacus is reacting to a permitting setback, along with how its Willow property may revive a copper mining property in a historic corner of Nevada.To your wealth,Nick HodgePubl...Read More
Posted: Mar 19, 2018JK: Discovery Watch Mar 19, 2018 with Jim Goddard and John KaiserPublished: Mar 19, 2018HSC: Discovery Watch Mar 19, 2018: Crazy Volume In Novo SharesDiscovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects wil...Read More
Posted: Mar 19, 2018JK: Discovery Watch Mar 19, 2018 with Jim Goddard and John KaiserPublished: Mar 19, 2018HSC: Discovery Watch Mar 19, 2018: Crazy Volume In Novo SharesDiscovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects wil...Read More