With the mass layoffs and plant closures that have hit since, we suspect this will not continue.Read full newsRead More
Markets went into a tailspin in the second half of 2018. File image.Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.Fundraising by unlisted funds for investment in natural resources - oil and gas, timberland, farmland, water and mines - set a fresh record in 2018 and is lik...Read More
"Investors, get ahead of the curve and start learning about GrowPacker, going public soon -- #beer #bluemoon #cannabis #cbd #edibles #growpacker #manufacturing #thc @growpacker --Read the Fact Sheet here: https://t.co/7ehT7Bh8E1"Read full newsRead More
"Moneta Defines New Resource At Its Golden Highway Project: 383,400 oz of Gold at 4.61 g/t of Indicated and 873,200 oz of Gold at 4.21 g/t Inferred https://t.co/BFkU4RE97i"Read full newsRead More
"Goldplay Outlines Five New Exploration Targets at the San Marcial Project in Mexico @goldplay_gply https://t.co/xmhXwPszaC"Read full newsRead More
"BTU Update on Dixie Halo Project, Contiguous to Great Bear's Dixie Project, Red Lake District, Canada @BTUMetalsCorp https://t.co/mkUwbOCOiT"Read full newsRead More
"Pancon to Acquire New Ni-Co-Cu Project near Timmins, Consolidating Its Dominant Position in Emerging Montcalm Battery & Energy Metals District @PanconResources https://t.co/2QWeb0zwKc"Read full newsRead More
"Fremont Gold Announces Drill Programs at Gold Bar and Gold Canyon Projects in Nevada @Fremont_Gold https://t.co/xrgVwyGkXC"Read full newsRead More
The trajectory has been mostly down for mining stocks since gold topped out at US$1,900 an ounce in 2011. The bear market has been even grimmer for exploration companies, which are now competing with marijuana and blockchain plays for risk capital. The long downward slide is reflected in the underperformance of the TSX Venture Exchange, which has plummeted from 2,400 in February 2011 to about 600...Read More
This doesn't bode well for iPhone sales.Read full newsRead More
Convicted - Patrick Rosko, President and Director of Marfred Minerals Ltd.Location - Kirkland Lake, Ontario Description of Offence - Mine production without a filed certified Closure Plan. Date of Offence - On or about July 15, 2015 Date of Conviction - Justice of the Peace Jean-Marie Blier accepted Patrick Rosko's guilty plea and fined him on November 13, 2018, in the Ontario Court of Justice in...Read More
Jiangxi Copper Co, one of China's top copper producers, on Friday named provincial government official Zheng Gaoqing as its new general manager.The appointment, confirmed at a board meeting during the day, marks the end of a six-month void in Jiangxi Copper's management team following the departure of company veteran Wu Yuneng in July last year.Zheng, in his early 50s, joins Jiangxi Copper from th...Read More
Burkina Faso's thriving gold mining sector has been rattled by a new wave of Islamist violence and sporadic outbreaks of interethnic conflict.The industry has been booming in recent years - with Burkina Faso expecting to announce that 2018 was its most successful year for gold production - but could the latest outbreak of Islamic militancy prove an insurmountable challenge for the country's resili...Read More
A new year but the same old problems for aluminium."When you look at the economics of producing aluminium, these prices cannot be sustainable."That was the stark message from Roy Harvey, president and chief executive of U.S. aluminium producer Alcoa, speaking on the company's Q4 2018 results call.With the London Metal Exchange (LME) aluminium price languishing near two-year lows at a current $1,87...Read More
It's not just social media users that are being censored anymore...Read full newsRead More
Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 ounces of gold in concentrates this year, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reports.Last year the Mongolian copper-gold mine produced 159,100 tonnes of copper, up 1.1% from 2017, and 285,000 ounces of gold, up 150% from 2017.The government of Mongolia owns 34 percent of Oyu Tolgoi with the r...Read More
Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) has tabled 23 new silver channel samples from its Bayhorse silver mine in Oregon. The company is trying to find the mine's higher grade zones; it will then designate the barren zones as support pillars in its mine design.The company sampled from two new raises and stopes built 15 metres apart. It took samples measuring 1 metre by 0.2 metre on 0.9 metre c...Read More
Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) has tabled 23 new silver channel samples from its Bayhorse silver mine in Oregon. The company is trying to find the mine's higher grade zones; it will then designate the barren zones as support pillars in its mine design.The company sampled from two new raises and stopes built 15 metres apart. It took samples measuring 1 metre by 0.2 metre on 0.9 metre c...Read More
Alrosa (MCX:ALRS), the world's No.1 diamond producer by output, made $463 million only at the international auctions it held in five countries in 2018.Following the publication of its overall sale results for the year, with rough and polished diamonds generating $4.5 billion, the Russian miner issued a press release highlighting the importance of the competitive sales it held abroad, especially th...Read More
China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo's operation.The Chinese miner, which has spent almost $5 billion in the past two years on an acquisition rampage, said it had agreed to buy BHR Newwood DRC Holdings Ltd, a holdin...Read More