Larry Johnson, chief executive of Kennedy Ventures PLC (LON:KENV), tells Proactive a fourth shipment has now been made from the Namibian tantalum mine to their customer with purity of the shipment a high grade 51%.He adds that a change of strategy is also planned now that the initial ramp-up of the mine has been carried out, with the board to look for new projects in Africa. Meet Medusa Mini...Read More
CENTENNIAL, Colo., Feb. 16, 2018 (GLOBE NEWSWIRE) - NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX:NB) (OTCQX:NIOBF) (FSE:BR3) today praised the Trump Administration for proposing that NioCorp's entire planned product suite of three superalloy metals - niobium, scandium, and titanium - be considered as "Critical Minerals" under President Trump's December 20, 2017 Executive Order a...Read More
In accordance with an energy cooperation framework agreement signed in late January, Russia will have exclusive rights to produce oil and gas in Syria.Read full newsRead More
Acacia Mining (LON:ACA), Tanzania's No.1 bullion producer, which has been hit hard by a long-running dispute with the government of the East African nation, is mulling the sale of stakes in some or all of its operations in that country.In response to media speculation on the matter, the company said it was "engaging with a small number of potential investors" over the potential deal, adding it ad...Read More
Sam Spring, president and chief executive of Kincora Copper Ltd (CVE:KCC), discusses with Proactive's Andrew Scott the first phase results from their 22-hole drilling programme at three targets in the Southern Gobi, Mongolia.The review of the West Kasulu prospect at the flagship Bronze Fox asset supported an exploration target of 416mln to 428mln tonnes, grading 0.26% to 0.30% copper for up to 2,4...Read More
Michael Masterman, chairman of W Resources PLC (LON:WRES), tells Proactive they've secured a US$35mln loan which fully funds the La Parrilla mine development.BlackRock Financial Management is providing the loan, which will have a five year schedule term (with the option for early repayment) and it has an average interest rate of 12.6%.The lender will also receive an upfront fee as well as share wa...Read More
China (like Japan, Germany, and so much of theRead full newsRead More
A more dramatic move in the price of gold is necessary for miners to start outperforming the metal.Read full newsRead More
Edwin Wong, the chief investment officer of Hong Kong-headquartered SSG Capital Management and an ex-Lehman Brothers Holdings Inc. banker, sees a multitude of opportunities in India as the nation pushes ahead with a bankruptcy system overhaul.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
Climate Home News: In 1996, Osvaldo Wuaru and his family arrived on the outskirts of the vast Munduruku Amazon Territory with a crucial mission: set up a village to hold back the invasion of pariwat (non-indigenous) gold miners. Twenty-one years later, it has all but failedRead full newsRead More
A more dramatic move in the price of gold is necessary for miners to start outperforming the metal.Read full newsRead More
A more dramatic move in the price of gold is necessary for miners to start outperforming the metal.Read full newsRead More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
Brandon Dugan, associate professor and Baker Hughes Chair in Petrophysics and Borehole Geophysics at Colorado School of Mines, was recently interviewed by The Verge about the possibility of tapping into offshore freshwater aquifers to address the Cape Town water crisis. From the article:According to [a 2013 Nature] study, there's an estimated 120,000 cubic miles of subsea fresh water globally -...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellA lawsuit between Engold Mines Ltd. and its former president, featuring allegations of wrongful dismissal and fraud, looks to be headed for a full trial in the Supreme Court of British Columbia. On Tuesday, Feb. 13, a judge determined that parts of th...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a positive 84-67-139. The TSX Venture Exchange gained 14 points to 836 while polished diamond prices fell a full percentage point. Matt Manson's Stornoway Diamond Corp. (SWY) closed...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for March delivery gained $1.41 to $60.60 on the New York Merc, while Brent for April gained $1.64 to $64.36 (all figures in this para U.S.). Western Canadian Select traded at a discount of $26.45 to WTI...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange gained 14.99 points to 836.17 Wednesday. Marc Sontrop has listed his second capital pool shell, Aim2 Ventures Inc. (AIMV), with a $500,000 initial public offering at 10 cents. Today it rose nine cents to 19 cen...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold gained $20.90 to $1,350.20 on Wednesday. The TSX Venture Exchange added 14.99 points to 836.17 while the TSX Gold Index jumped 8.20 points to 191.58. Iamgold Corp. (IMG) led Canadian gold miners higher, adding 61 cen...Read More