There was a literal sharp fall in gold this week when 3.4 tonnes in gold dor?(C) ingots from Kinross Gold's (CN:K) Kupol mine fell out of a plane in Russia.Staff reporterGoldflinger: it was a skyfall for 172 Kinross gold dor?(C) ingots this week. PICTURE: TASS16 MARCH 201816/03/2018commentsshareThe plane had stopped to refuel in the Siberian city of Yakutsk, and when it took off again the hold bro...Read More
Rise Gold (CSE:RISE, RYES) has completed a first underwater inspection of the New Brunswick shaft, where a remote operated vehicle was used to check the condition of the mine shaft and the timberwork (and both appear to be in good shape).That's good news for the company as this shaft, which was used as primary shaft in the heydays of the Idaho-Maryland mine, could be vital for the company's explor...Read More
Ignition of the detonating cord for the first blast marked the start of development of the twin declines to access the ultra-high-grade Kakula copper discovery on the Ivanhoe Mines Tier One Kamoa-Kakula Copper Project in the DRC. Source: Ivanhoe Mines Ltd.The move comes just days after DRC President Joseph Kabila signed into law a new mining code that raises royalties and taxes on mining operation...Read More
Canada Jetlines Ltd. (TSXV:JET) said it won't be able to launch its service in June as its aircraft lessor could not provide a definitive delivery dateSmallCapPower | March 16, 2018: Canada Jetlines Ltd. (TSXV:JET), a Vancouver-based ultra-low-cost carrier, late Tuesday announced that it is unable to begin operations by June 2018, as previously announced, due to key items such as the completion...Read More
Atlantic Gold's Moose River Consolidated Gold Mine in Nova Scotia. Source: Atlantic Gold Corp.Moose River commenced operations with the first gold pour and initial production from the Touquoy deposit in October 2017. According to a July, 2015 feasibility study, the Phase 1 Life of Mine plan was forecast to produce an average of 87,000 ounces of gold per year over a minimum 8.5-year mine life at an...Read More
Tesla is scrambling.BMW and Volkswagen are following suit.And the "Apple Effect" is swinging into full force.Just after Apple announced it was in talks to secure its future supply of cobalt, Samsung has said it is pursuing its own negotiations with a mining company in the Democratic Republic of the Congo (DRC).It's going to pay a hefty price for it, too.Now that cobalt is considered a "strategic m...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Spearmint (TSXV: SRJ) (OTC Pink: SPMTF) Completes Drilling and Intersects Targeted Lithium Clay Formation on its Clayton Valley Lithium Prospect Vancouver, British Columbia - March 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Spearmin...Read More
"Every day in communities across the United States, children and adolescents spend the majority of their waking hours in schools that have increasingly come to resemble places of detention more than places of learning. From metal detectors to drug tests, from increased policing to all-seeing electronic surveillance, the public schools of the twenty-first century reflect a society that has become...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Secova (TSXV: SEK) and Tres-Or (TSXV: TRS) Report High-Grade Grab Samples at Duvay/Chenier and Drill Results from Lake Obalski, Quebec Vancouver, British Columbia - March 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Secova Metals Corp...Read More
(Dash Force News) Google has announced that it will be cracking down on cryptocurrency-related advertising, furthering the "crypto blackout" online.According to new policies relating to financial services to be rolled out in June, among newly banned content will be anything related to cryptocurrency:"Cryptocurrencies and related content (including but not limited to initial coin offerings, cry...Read More
One and the Same "God gave me my money." - John D. Rockefeller Today we step away from the economy and markets and endeavor down the path less traveled. For fun and for free, we wade out into a smelly peat bog. There we scratch away the surface muck in search of what lies below. One should actually be careful about quotes like the one attributed to Rockefeller above, even if it of course so...Read More
Lachlan Broadfoot has become the sixth person to head up Behre Dolbear since it was established back in 1911. Staff reporter Lachlan Broadfoot has become Behre Dolbear's sixth CEO16 MARCH 201816/03/2018commentsshareThe mining consultancy and advisory group has appointed Broadfoot as CEO as it looks to further expand its service offering.Broadfoot has an impressive CV, having worked at Anglo Am...Read More
Canadian mining technology firm Newtrax Technologies has appointed Boris Burgos as vice president of Latin America as it continues to target growth in the region.Staff reporterBoris Burgos has been promoted at NewtraxNewtrax16 MARCH 201816/03/2018commentsshareCanadian mining technology firm Newtrax Technologies has appointed Boris Burgos as vice president of Latin America as it continues to target...Read More
In a typically trenchant research note on Friday, Ole Hansen, chief commodity strategist at Saxo, warns that the calm on gold markets is likely to be shattered soon.According to calculations by the Danish bank gold was set to experience its tightest weekly trading range in percentage terms since 2012 and in dollar terms since 2007.Subdued dollar trading and the quiet on bullion boards came against...Read More
Colorado School of Mines has been awarded $3 million in funding from the U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) to develop a first-of-its-kind hybrid power generation system that could provide electricity to supermarkets, big-box retailers and other commercial buildings at high efficiency and low cost. Rob Braun, associate professor of mechanical engineering...Read More
Ahh porphyries, conjuring vision of untold riches hidden in the bleak hills of the Andes or the mosquito infested jungles of Indonesia and Colombia.However, ignoring the BS that explo-cos spout about their project being great because in reality, most aren't.The CAPEX for a decent sized porphyry (or any large scale mine) typically run into the billions. No junior company can ever develop them, and...Read More
Supplies of cobalt and lithium, key for making the batteries that power electric cars and mobile phones, are likely to be limited by 2050, German researchers have warned.According to the Karlsruhe Institute of Technology (KIT) study, published this week in the journal Nature Reviews Materials, a shortage and price increase of cobalt are likely to occur in about thirty years, especially since deman...Read More
Anglo American's De Beers, the world's largest rough diamond producer by value, and its partner in Gahcho Ku?(C) mine, Mountain Province, are seeking to acquire a Canadian explorer and so expand their jointed operation in Canada's far north.Toronto-based Kennady Diamonds (TSX-V:KDI) owns the Kennady North project, located immediately adjacent to the De Beers/Mountain Province mine.If the proposed...Read More
Chile's Codelco, the world's top copper producer, reaped the benefit of climbing prices for the red metal last year even as production costs rose, and is ready to post a profit of $2.88 billion for 2017, the company's chairman has revealed.Speaking to investors and students at the Faculty of Economics and Business at the University of Chile, Oscar Landerretche said Thursday the preliminary results...Read More
Vancouver-based First Quantum Minerals (TSX:FM)(LON:FQM) denounced that some workers and leaders from an outside union have been carrying out protest actions since March 9, 2018, which have "reduced the level of work being performed on the [Cobre Panama] project."The information was provided by First Quantum in a media statement and also during a press conference held today by representatives of M...Read More