SHANGHAI - General Lithium Corp, China's fourth-biggest lithium producer, plans to start building a plant to convert mineral ore to lithium that will more than triple its capacity by the end of 2020, a company official said on Friday.The plant will convert spodumene, a hard-rock mineral mined for lithium, into 60,000 tonnes of lithium carbonate equivalent (LCE) per year in the city of Yichang, in...Read More
"We are delighted to announce that the Mining Journal awards is back on the 25th June 2019! https://t.co/jw5k6OIw36#MJSLondon #MJAwards #Aspermont #MiningJournal #Awards #london #ukawards #winning #announcement #awardwinners #spring #event #miningevent #miningnews #networking"Read full newsRead More
Revelo Resources (TSXV: RVL) and Sociedad Qu?-mica y Minera de Chile (NYSE: SQM) have signed an exploration option agreement under which SQM can acquire up to an 80% interest in Calvario and Mirador, two of Revelo's copper-focused projects in northern Chile.According to Revelo, both Calvario and Mirador display widespread geological characteristics indicative of the upper parts of possible porphyr...Read More
GoldSpot Discoveries (TSXV: SPOT) and Gran Colombia Gold (TSX: GCM) announced that they have established a partnership to use machine learning to identify new drilling targets at the Segovia operation located in the Segovia-Remedios mining district of Antioquia, northwestern Colombia."With the recent closing of a C$20-million private placement, Gran Colombia plans to dramatically accelerate the ex...Read More
Apr 11, 2019 (Baystreet.ca via COMTEX) -- 2019 is set to be the year of an epic gold rebound that dwarfs the 2016 rally. The global economy is throwing up...Read full newsRead More
Two months after disappointing the market with its annual results, the world's second-largest lithium miner said expansion plans had gone better than expected and that sales would likely beat its forecasts for this year.Santiago-based Soc. Quimica y Minera de Chile SA will exceed its sales target of just under 50,000 tons of lithium as output ramps up at its operations in the Atacama salt flat, ac...Read More
Apr 11, 2019 (Baystreet.ca via COMTEX) -- 2019 is set to be the year of an epic gold rebound that dwarfs the 2016 rally. The global economy is throwing up...Read full newsRead More
Smart Social Media Automation. Automatically share RSS feeds to Facebook, Twitter, LinkedIn, Pinterest and more.Read full newsRead More
This episode features highlights from the Canadian Mining Hall of Fame's 31st annual induction ceremony held in Toronto earlier this year. The 2019 inductees are discoverer Kate Carmack, geologist James M. Franklin, company-builder James W. Gill, mine-builder Sandy Laird and geologist Brian Meikle.In 2019, the Canadian Mining Hall of Fame welcomed five new inductees (clockwise from top left): Kate...Read More
Green shoots? Anyone seeing the green shoots of a Springtime recovery in lithium stocks? No, me neither.... However, I do note one positive development, Lithium Americas is receiving US$160M for 12.5% of its JV brine project in Argentina. That implies a C$1.7 billion valuation for the entire project, of which Lithium Americas will own half. This is the best news since POSCO paid US$280M to Galaxy...Read More
Does your portfolio include any precious metals investments? Gold miners have been viewed as the de facto must-have stocks to add to any well-balanced portfolio for as long as anyone can remember. I’m not saying that its not a good idea to have a miner or two in your portfolio, but when it comes to the precious metals sector (and all of its volatility), there are better options to consider a...Read More
Gold and silver are historically undervalued relative to the stock and bond markets. The junior mining stocks overall are at their most undervalued relative to the price of gold since 2001. Gold's relative performance during the quarter, when the stock market had its best quarterly performance in many decades, is evidence of the underlying strength building in the precious metals sector.Furthermor...Read More
The placing and subscription involved a total 444.4 million ordinary shares at a price of 0.135p each, with 407.4 million as part of the placing.Of the 37 million shares in the subscription, 7.4 million were taken up by CEO Andrew Prelea and 29.6 million by director Roy Tucker, bringing their shareholding in the company up to 0.49% and 0.88%, respectively.Vast (AIM:VAST) has applied for the s...Read More
Toho has put $20 million into the joint venture company Abra Mining, with another $10 million on its way once the definitive feasibility study is completed - still expected to be mid-year.Read More
Diamond drill core storage for the Vizcachitas Project located 130 km northeast of Santiago, Chile. Source: Los Andes Copper Ltd.The sharp rise in the value of Los Andes Copper Ltd. [LA-TSXV] shares continued Friday April 12 as investors reacted to this week's news that the company has won the approval of Chile's Environmental Evaluation Service in connection with drilling work at its Vizcachitas...Read More
The Eleonore gold mine 320 km north of Matagami in the James Bay region of Quebec. Source: Goldcorp Inc.Newmont Mining Corp. [NEM-NYSE] shareholders have approved the company's $10 billion takeover of Goldcorp Inc. [G-TSX; GG-NYSE]. The combined company, called Newmont Goldcorp., will rank as the world's biggest gold producer with assets across the Americas, Africa and Australia.About 98% of votes...Read More
The Florence in-situ copper project 65 miles southeast of Phoenix, Arizona. Source: Taseko Mines Ltd.Taseko Mines Ltd. [TKO-TSX; TGB-NYE American] on Friday April 12 announced the first copper production from its 100%-owned Florence Project in Arizona. Florence is an in-situ copper recovery project, located midway between Phoenix and Tucson, near the community of Florence.The facility is expected...Read More
Lithium-ion battery technology is leading the zero-emission transportation industry.But you ignore the hydrogen fuel cell market at your own peril.That's because hydrogen fuel cell sales could easily DOUBLE... then TRIPLE... then grow MANY more times over.Hydrogen's PotentialThe Hydrogen Council forecasts that by 2050, hydrogen will power more than 400 million passenger cars worldwide and up to 20...Read More
Miramont Resources (CSE: MONT; US-OTC: MRRMF) cut significant mineralization during a 3,600-metre drill program at its Cerro Hermoso polymetallic project in Peru.The company tested Cerro Hermoso's Central Breccia zone, Stockwork zone and Carbonate Replacement zone. While it encountered short intervals of anomalous mineralization in the Stockwork and Carbonate Replacement zones, the company interce...Read More
The boards of Orocobre (TSX: ORL; ASX: ORE) and Toyota Tsusho Corp. have given the green light to building the Naraha lithium hydroxide plant, which will be the first of its kind in Japan.The majority of production will feed the Japanese battery industry and be sourced from the lithium carbonate produced from the expansion of Orocobre's Olaroz mine in northern Argentina's Jujuy province.Constructi...Read More