Russ Buckland from Lincoln Strategic Inc.Lincoln Strategic Inc. announced today the addition of Russ Buckland, Erik Buckland and Joel Donato to further develop LSI's suite of executive search, technical recruitment and management consulting services.Russ Buckland founded Bedford Resources where, over the past 30 years, he successfully executed over 2,000 leadership and C-suite search projects in t...Read More
Mr. Nav Dhaliwal reportsBONTERRA RESOURCES ANNOUNCES CLOSING OF $21.5 MILLION PRIVATE PLACEMENTBonterra Resources Inc. has closed its previously announced brokered private placement for gross proceeds of $21,495,000. Sprott Capital Partners acted as lead agent on behalf of a syndicate of agents which included INFOR Financial Inc., Red Cloud Klondike Strike Inc., Laurentian Bank Securities Inc. and...Read More
MOSCOW, Feb 26 (Reuters) - Two of Russia's richest men could trigger a complicated auction known as a "shootout", in a bid to end their long-running battle for control of mining giant Norilsk Nickel (Nornickel).After a five-year peace deal ended in December, the power struggle between two major Nornickel shareholders, Vladimir Potanin and Oleg Deripaska's aluminium giant Rusal , resurfaced earlier...Read More
Mr. Morgan Poliquin reportsNEWCREST TO ACQUIRE INDIRECT 19.9% INTEREST IN EL COBRE THROUGH INVESTMENT OF CAD$19 MILLION; ALMADEX TO SPIN-OUT MINERAL EXPLORATION AND ROYALTY ASSETSAlmadex Minerals Ltd.'s board of directors has unanimously approved a strategic reorganization of its business. Almadex's early-stage exploration projects, royalty interests and certain other non-core assets will be trans...Read More
Joshua King from Nubicoin tells Proactive his vision for the company is to 'empower Africa to benefit and unlock the value of the continents' resources'.''We, at the very core of our vision, would like to work with sovereign governments across Sub-Saharan Africa to launch their own digital currencies and tokenise their assets ... such as commodities, agriculture and renewable energy''.''We are ver...Read More
A look at the London-listed attendees and why they go to the annual conventionRead full newsRead More
JOHANNESBURG (Reuters) - Precious metals producer Sibanye-Stillwater arrested nearly 1,400 illegal miners at its South African gold shafts last year in a blitz the company says has mostly ended the practice at its mines.Illegal gold mining has plagued South Africa for decades and it costs the government and the industry more than 20 billion rand ($1.7 billion) a year in lost sales, taxes and royal...Read More
Gerard Kisbey-Green, chief executive of Goldplat plc (LON:GDP), tells Proactive they've turned in an operating profit for the six-month period to December 2017 of ?1.578mln - up significantly from the ?1mln turned in in the corresponding period a year earlier.The boost comes as the recovery operations continue to perform well and the Kilimapesa gold mine showed major improvements, despite produc...Read More
Lucara founder to return to run the minerRead full newsRead More
By Nicole MordantHOLLYWOOD, Fla., Feb 26 (Reuters) - Several parties are interested in buying Freeport-McMoRan Inc's cobalt project in the Democratic Republic of Congo but not at a price that would interest the miner and so it is not planning a sale, Freeport's chief executive officer said.As a result, Freeport is looking at other options for the asset, including possibly a joint venture to develo...Read More
Shares in Condor Gold (LON:CNR) (TSX:COG) jumped more than 5% in London on Monday after the Nicaragua-focused miner submitted an amended Environmental and Social Impact Assessment (ESIA) for a processing plant at its India gold project, which eliminates the need to resettle about 1,100 people.The new evaluation, part of the company's application for an environmental permit, includes a redesigne...Read More
Coinsilium Group Limited's (NEX:COIN) Malcolm Palle and Eddy Travia update Proactive Investors on the latest with their advisory services as well as the progress they're making with the TerraStream platform.The NEX-listed company's recently teamed up with online education platform operator Tutellus Technologies SL to advise on the development of a blockchain-based platform in advance of its upcomi...Read More
David Archer, chief executive of Savannah Resources Plc (LON:SAV), tells Proactive a 200% increase in the resource at Mina do Barroso marks the project out as one of Europe's most promising lithium projects.Archer says the plan now is to push ahead with "second pass" metallurgical test work.A scoping study should be commissioned soon, which would then lead to a definitive feasibility study later t...Read More
Mr. Michael Allen reportsNORTHERN EMPIRE DRILLS 123.93 METERS OF 1.41 G/T GOLD AT THE DAISY DEPOSIT, STERLING GOLD PROJECT, NYE COUNTY, NEVADANorthern Empire Resources Corp. has released drill results from the company's 100-per-cent-owned Sterling gold project located in Nye county, Nevada.STERLING DRILL RESULTSHole IDFrom (m) To (m)Length (m)Au (g/t)D18-003C 67.88 191.81123.931.41Including 134.97...Read More
Norsk Hydro has offered Rio Tinto (ASX, LON:RIO) $345 million for the mining giant's aluminum plant in Iceland, as part of the Norwegian firm's efforts to ensure its output is as green as possible and also to strengthen its position in Europe.The proposed acquisition also includes an offer for Rio's 53% stake in the Aluchemie anode plant in the Netherlands and its 50% share in the Alufluor aluminu...Read More
Canada's Lucara Diamond (TSX:LUC), the company that hit the jackpot in 2015 after finding the world's second-largest diamond, has taken a page of De Beers' books by investing in technology to track diamonds as they move through the supply chain.To that end, the Vancouver-based miner has acquired Clara Diamond Solutions, a digital platform aimed at transforming how rough precious rocks are sold...Read More
Explore the leading publication for the global mining industry: Mining Journal provides an in depth analysis of the mining sector outlook and the latest developments.Read full newsRead More
A powerful earthquake rattled forest villages and a large gold mine in central Papua New Guinea early Monday, but there were no immediate reports of injuries. Officials were waiting for more information about damage from the magnitude-7.5 quake that hit about 89 kilometers (55 miles)...Read full newsRead More
Newcrest Mining Ltd said on Monday it had invested $250 million to buy a 27.1 percent stake Canadian miner Lundin Gold Inc.Read full newsRead More
Newcrest Mining Ltd said on Monday it had invested $250 million to buy a 27.1 percent stake in Canadian miner Lundin Gold Inc as the gold major ramps up its exposure to Ecuador to secure growth.The stake is part of a $400 million equity raising by Lundin Gold to fund development of its Fruta del NorteRead full newsRead More