VMS mineralized diamond drill core from the La Plata Project in Ecuador. Source: Toachi Mining Inc.It was the unusually high grades that initially attracted a group of seasoned Canadian mining executives to the gold-enriched La Plata gold-copper-zinc volcanogenic massive sulphide deposit in Ecuador.Laurence Curtis and colleague Nick Tintor secured an option to earn up to a 75% interest in the La P...Read More
An Aurora Cannabis Inc. (TSX:ACB) merger with Newstrike Resources and CanniMed Therapeutics would create the biggest cannabis company in Canada by market capSmallCapPower | January 23, 2018: Newstrike Resources Ltd. (TSXV:HIP) shares soared nearly 50% on Monday following a Reuters report Friday that Aurora Cannabis Inc. (TSX:ACB) would be willing to acquire Newstrike as a way of convincing the exi...Read More
Click to EnlargeOsisko Mining Inc. [OSK-TSX] on Tuesday said new results suggest that a high grade core is developing at the Lynx 4 Zone at its 100%-owned Windfall Lake gold project located between Val-d'Or and Chibougamau in the Abitibi region of northern Quebec.The company said new results from ongoing drilling suggest that the high-grade core in the Lynx 4 Zone is similar to the Lynx 1 discover...Read More
Click to EnlargeML Gold Corp. [MLG-TSXV; MLGCF-OTC] continues to encounter massive copper sulphides at its recently acquired Stars property, which is located southwest of Houston, British Columbia.The announcement comes almost two week after company said it had intersected 311 metres of veined and variably disseminated copper sulphide mineralization consisting predominantly of chalcopyrite in the...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Gold on the MoveSource: Rudi Fronk and Jim Anthony for Streetwise Reports January 23, 2018 (Investorideas.com Newswire) Since bottoming on December 11, 2017, at $1,242, gold has tacked on nearly $100 to its price. Rudi Fronk and Jim Anthony, cofounders of S...Read More
I won’t pretend that I particularly enjoy impromptu religious sermons in public places. But regardless of my personal feelings, I believe people have the right to free expression, including religion and speech.But live and let live is apparently not the philosophy of New Jersey cops. When they saw two people preaching on the property of the New Jersey Transit system, they had to step in. Th...Read More
Shares in Pretium Resources Inc (NYSE:PVG) tanked on Tuesday after the company announced disappointing production and cost forecasts from its Brucejack gold-silver mine in British Columbia.During lunchtime trade the Vancouver-based producer was exchanging hands for $7.95 a share, down 26.3% on the New York Stock Exchange, in massive volumes of more than 10m shares traded. Pretium is now worth $1.9...Read More
The 2018 HackMines Newmont Innovation Challenge will take place Feb. 3, with student teams collaborating to solve problems centered around two themes: finding mineral deposits that have thus far eluded mankind and the role of digital transformation in unlocking value for a sustainable future.During the daylong event, teams will hear from mining experts about the relevant challenge areas before get...Read More
Bo Wu, assistant professor of computer science at Colorado School of Mines, has received a NSF CAREER Award to develop techniques to support multitasking in graphics processing unit (GPU) computing.Wu's project, "Compiler and Runtime Support for Multi-Tasking on Commodity GPUs," will receive $501,546 over five years starting in May. Designed to accelerate parts of a single application and work as...Read More
TSX: LMCwww.leagold.com Mr. Neil Woodyer reports:VANCOUVER, Jan. 23, 2018 /CNW/ - Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) ("Leagold" or the "Company") is pleased to announce that it intends to make an offer (the "Offer") to acquire all of the issued and outstanding shares (the "Brio Shares") of Brio Gold Inc. ("Brio") on or before February 28, 2018. Pursuant to the Offer, holders o...Read More
TSX VENTURE: NVOwww.novoresources.com Mr. Quinton Hennigh reports:VANCOUVER, British Columbia, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Novo Resources Corp. ("Novo" or the "Company") (TSX-V:NVO) (OTCQX:NSRPF) is pleased to announce that the Programme of Works ("POW") submission for exploration activities at Comet Well has been approved by the Department of Mines, Industry Regulation and Safety of Western...Read More
TSX: GSVwww.goldstandardv.com Mr. Jonathan Awde reports: Near-surface oxide intercepts include 237.8m of 2.96 g Au/t and 141.8m of 3.32 g Au/t VANCOUVER, B.C., Jan. 23, 2018 (GLOBE NEWSWIRE) -- Gold Standard Ventures Corp. (TSX:GSV) (NYSE AMERICAN:GSV) ("Gold Standard" or the "Company) today announced results from nine Dark Star deposit infill holes and five exploration drill holes on its 100%-own...Read More
TSX VENTURE: SKEwww.skeenaresources.com Mr. Walter Coles reports:VANCOUVER, British Columbia, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Skeena Resources Limited (TSX.V:SKE) ("Skeena" or the "Company") is pleased to announce additional drill results from 9 holes at the Company's Snip gold project ("Snip") located in the Golden Triangle of British Columbia.Drilling HighlightsUG17-044: 12.59 g/t Au over...Read More
TSX: PVGwww.pretivm.com Mr. Joseph Ovsenek reports:VANCOUVER, British Columbia, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Pretium Resources Inc. (TSX:PVG) (NYSE:PVG) ("Pretivm" or the "Company") is pleased to provide an operations update for fourth quarter 2017 and the first six months of ramp-up at the high-grade gold Brucejack Mine, and provide guidance for the first six months of 2018 as the ramp-up co...Read More
TSX: RMXwww.rubiconminerals.com Mr. George Ogilvie reports:TORONTO, Jan. 23, 2018 /CNW/ - Rubicon Minerals Corporation (TSX: RMX | OTCQX: RBYCF) ("Rubicon" or the "Company") provides details on its 2018 Exploration Program at the Phoenix Gold Project (the "Project"). 2018 Exploration Program Following a successful 2017 Exploration Program consisting of 28,500 met...Read More
TSX VENTURE: GOMwww.goldendawnminerals.com Mr. Wolf Wiese reports:VANCOUVER, British Columbia, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Wolf Wiese, CEO of Golden Dawn Minerals Inc. (TSX-V:GOM) (FRANKFURT:3G8A) (OTC:GDMRF) (the "Company" or "Golden Dawn"), announces that an updated Mineral Resource Estimate has been completed for the J&L Project, with 1.35 million gold equivalent ounces in the Measure...Read More
Russia and Argentina signed Tuesday a memorandum of understanding to advance uranium exploration and production in the South American country, which already generates 5% of its electricity with three heavy-water nuclear reactors.The deal, sealed during a visit by Argentine President Mauricio Macri to Moscow, could bring up to $250 million in investments into the country's sector, according to Arg...Read More
Russian miner Alrosa (MCX:ALRS), the world's top diamond producer by output, said Tuesday it had signed 67 long-term contracts for the sale of gem quality and industrial rough diamonds.Twelve of those agreements, said the miner, are with Russian companies and include three new clients - Aives, Diapur and Kristalldiam.Apart from long-term deals, Alrosa also sells rough diamonds in almost equal...Read More
Zimbabwe's new government may soon scrap a 51% requirement of local ownership for foreign investors in the diamond and platinum sectors, in an effort to re-engage international lenders, curb spending and attract investors to revive the country's battered economy.Mnangagwa's administration has already repealed the 51% indigenization law, now only restricted to platinum and diamond mining.The...Read More
Aurubis AG, Europe's biggest copper smelter, said on Monday it had agreed to take 100 per cent control of German copper wire and rod maker Deutsche Giessdraht by acquiring the 40 per cent stake held by Chile's Codelco.Aurubis had held 60 per cent of Deutsche Giessdraht and Codelco held the remainder through German unit Codelco Kupferhandel GmbH.The agreement will require the approval of German com...Read More