While the United Nations' International Seabed Authority (ISA) in charge of issuing mineral exploration licences has granted 26 so far, Papua New Guinea remains the only country to have granted an operating permit for ocean floor mining.Canada's Nautilus is on track to start operations at its Solwara gold, copper and silver project in the Bismarck sea off PNG in early 2019, making it the first und...Read More
The value of global mining and metals deals hit a four-year high in 2017, according to accountancy firm EY, boosted by a jump in money raised on stock exchanges to a six-year high.Mining and metals deals totalled $51 billion last year, up 15% from 2016. Activity was dominated by coal and steel transactions. However, the volume of deals fell 6% as M&A focus in the sector started shifting from d...Read More
Published on: Feb 19, 2018 | by Jonathan JacksonWhilst Pursuit Minerals (ASX:PUR) has been quiet lately, today's news indicates the company is once again about to ramp up operations at its Paperbark and Bluebush Projects North Queensland's Mt Isa Super Basin.Pursuit is planning five drill holes for 1,325m for the Paperbark Project to further investigate the new zinc discovery at the JE Zone Prospe...Read More
Base metals should continue to do well in 2018 along with the US steel industry, though American coal will continue to lose ground to natural gas.These are the key conclusions of Moody's Investor Service, which released a recent report summarizing commentary from analysts at a Jan. 18 teleconference.Probably the most positive aspects of the report, with the least conditions attached, relate to bas...Read More
The biggest gold mine in the European Union is getting a new lease on life, thanks to a shaft sinking project that will increase throughput.Reporting its fourth-quarter and full-year results last Thursday, Agnico Eagle Mines (TSX,NYSE:AEM) said it will invest 160 million euros on expanding its Kittil?? gold mine in Lapland, northern Finland, including the construction of a kilometre-deep mine sha...Read More
Story developed using data from Mining Intelligence. Learn more and schedule a demo.Drill results are important indicators not only for mining and exploration companies, but nearly all stakeholders involved, including existing shareholders and potential investors.While high-grade drill intersects are generally exciting and promising news, a conservative and very rigorous approach is recommended...Read More
Bluestone Resources Inc. (TSXV:BSR) is a mineral exploration and development company focused on advancing its 100% owned Cerro Blanco Gold and Mita Geothermal projects, located in Guatemala. The Cerro Blanco Gold project Preliminary Economic Assessment indicates a robust project, with an expected nine-year mine life, producing 952,000 ounces of gold and 3,141,000 ounces of silver. We learned from...Read More
Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXPF) is a junior gold exploration company that successfully acquires and explores camp-sized land packages in world-class gold belts. Pelangio primarily operates in Ghana, West Africa, an English-speaking, common law jurisdiction that is consistently ranked amongst the most favorable mining jurisdictions in Africa. Pelangio is exploring three 100%-ow...Read More
Last week, I shared something very important with you.It was a quote from analysts at Cowen & Co., which illustrated the very real threat that legal cannabis is having on the $1.2 trillion global alcohol market.Here it is again:While recreational cannabis has only limited availability, the rise of cannabis consumption more broadly looks to be weighing on alcoholic beverage consumption, where it is...Read More
I’m not judging, I do the same thing. Being attracted to negative news is ingrained into the psyche.Biologically speaking, it is a trait that makes you aware of danger, and therefore more likely to avoid it. But in the modern world, the negative headlines don’t help us avoid danger.In fact, the depressing news drags us into the biggest danger in the modern world.Listening to the “...Read More
I’m not judging, I do the same thing. Being attracted to negative news is ingrained into the psyche.Biologically speaking, it is a trait that makes you aware of danger, and therefore more likely to avoid it. But in the modern world, the negative headlines don’t help us avoid danger.In fact, the depressing news drags us into the biggest danger in the modern world.Listening to the “...Read More
By Chris Berry (@cberry1) With the sentiment around lithium almost universally bullish, the recent hammering of lithium equity share prices can be traced back to one or two reasons: either as a sign that valuations had exceeded reality or a specific catalyst has injected a dose of reality into theRead full newsRead More
If someone wanted to kill 300,000 Americans and get away with it, they could not have accomplished it more effectively than our government has accomplished it with the opioid epidemic.Read full newsRead More
Base metals should continue to do well in 2018 along with the US steel industry, though American coal will continue to lose ground to natural gas.These are the key conclusions of Moody's Investor Service, which released a recent report summarizing commentary from analysts at a Jan. 18 teleconference.Probably the most positive aspects of the report, with the least conditions attached, relate to bas...Read More
The biggest gold mine in the European Union is getting a new lease on life, thanks to a shaft sinking project that will increase throughput.Reporting its fourth-quarter and full-year results last Thursday, Agnico Eagle Mines (TSX,NYSE:AEM) said it will invest 160 million euros on expanding its Kittil?? gold mine in Lapland, northern Finland, including the construction of a kilometre-deep mine sha...Read More
After shutting down more than 5,000 stores in 2017, store-closings are accelerating in 2018 with news of the potential bankruptcy of Winn-Dixie chain parent, and plans to shut almost 200 stores as part of the move - either before or after the filing.Read full newsRead More
The national park's full planning committee will visit the site on 27 February before making a decision.Read full newsRead More
China's Shandong Gold Mining Co Ltd and Zijin Mining Group Co Ltd are in separate talks with Acacia Mining Plc to form a joint venture for the London-listed company's gold mines in Tanzania, three people familiar with the matter told Reuters.Read full newsRead More
TORONTO, Feb. 15, 2018-- McEwen Mining Inc. announces results of the updated Feasibility Study for its 100% owned Gold Bar Mine in Nevada. Construction has started on the Gold Bar Mine with a planned completion ...Read full newsRead More
It's not every day that you get a chance to own a mine that could have tens of millions of dollars of gold.Read full newsRead More