Mr. Brian Ostroff reportsARIANNE PHOSPHATE PARTNERS WITH THE PROVINCE OF NEW BRUNSWICK FOR FURTHER REVIEW OF A PHOSPHORIC ACID PLANTArianne Phosphate Inc. has partnered with the Province of New Brunswick to further its review of constructing a phosphoric acid plant in Belledune, N.B. As part of this agreement, the government, through Opportunities New Brunswick (ONB), will provide a financial cont...Read More
Founder gives up CEO role.Read full newsRead More
VANCOUVER, British Columbia, Aug.07, 2018(GLOBE NEWSWIRE) -- Condor Gold (AIM: CNR; OTCQX: CNFGF; TSX: COG) is pleased to announce that it has received ...Read full newsRead More
An accident claimed the life of a Trevali Mining contractor at the company's Perkoa Mine in Burkina Faso, Trevali announced in a news release today.The company's contractor, Byrnecut Burkina Faso, was working on underground preparation and development activities at the time of the incident. Upon knowledge of the accident all underground operations were suspended and authorities were notified."We a...Read More
LONDON, Aug 9 (Reuters) - Randgold Resources is not yet paying the higher royalties and taxes required by the Democratic Republic of Congo's new mining code as the gold miner is still negotiating with the government, its executives said on Thursday.Congo's new mining law, effective from June, removes a 10-year stability clause despite fervent opposition from companies operating in the country, inc...Read More
Teck Resources received regulatory approval for its Quebrada Blanca Phase 2 project in the Tarapac?? Region in northern Chile.Yesterday, Teck said that the regional Environmental Committee of Tarapac?? voted to approve the project's Environmental Impact Assessment.The mine is expected to generate 300,000 tonnes of copper equivalent production per year for the first five years of mine life.Teck est...Read More
Mr. Walter Coles Jr. reportsSKEENA INTERSECTS 10.52 G/T GOLD OVER 4.10 METRES AT SNIPSkeena Resources Ltd. has provided additional assay results for six drill holes from the phase II underground drilling program at the company's 100-per-cent-owned Snip gold project located in the Golden Triangle of British Columbia.The phase II drilling program is now complete. A total of 9,583 metres were drilled...Read More
Teck Resources received regulatory approval for its Quebrada Blanca Phase 2 project in the Tarapac?? Region in northern Chile.Yesterday, Teck said that the regional Environmental Committee of Tarapac?? voted to approve the project's Environmental Impact Assessment.The mine is expected to generate 300,000 tonnes of copper equivalent production per year for the first five years of mine life.Teck est...Read More
Mr. Curt Hogge reportsMINERAL MOUNTAIN INTERSECTS 2.12 GPT OVER 20.0 METRES EXTENDS STEEPLY PLUNGING HIGH GRADE SHOOT TO 230 METRES DOWN PLUNGEMineral Mountain Resources Ltd. and its subsidiary Mineral Mountain Resources (SD) Inc. have completed a total of six of the planned 12 NQ diamond drill holes, totalling 2,155 metres,on the company's Standby mine target in the Rochford district in the Black...Read More
"Harte #Gold says its ambitious production schedule at Sugar Zone in Ontario has been pushed back because ofRead full newsRead More
Glencore Plc's poor performance in agriculture shows exactly why the company still needs a big deal to compete on the international stage.Read full newsRead More
Company Website: http://www.hecla-mining.comCOEUR D'ALENE, Idaho -- (Business Wire)Hecla Mining Company (NYSE:HL) today announced second quarter 2018 financial and operating results.HIGHLIGHTSNet income applicable to common shareholders of $11.9 million, or $0.03 per share.Adjusted net income applicable to common shareholders of $3.0 million, or $0.01 per share. 1Sales of $147.3 million.Adjusted E...Read More
Aben Resources (TSX-V:ABN) said its first drill hole at its Forrest Kerr project showed multiple high-grade zones including 62.4 g/t gold over 6.0m within 38.7 g/t gold over 10.0m.The junior was up 50 percent today to 30.5 cents."The high-grade gold and base metal values in the first hole of the 2018 drill program have far exceeded our expectations and confirm the presence of a robust and strong m...Read More
Aben Resources (TSX-V:ABN) said its first drill hole at its Forrest Kerr project showed multiple high-grade zones including 62.4 g/t gold over 6.0m within 38.7 g/t gold over 10.0m.The junior was up 50 percent today to 30.5 cents."The high-grade gold and base metal values in the first hole of the 2018 drill program have far exceeded our expectations and confirm the presence of a robust and strong m...Read More
Lucapa recovered several coloured diamonds from its Mothae diamond mine operations in Lesotho, the company announced yesterday.During a bulk sampling program, the company found the following:A 28 carat stone from the North zone of the Mothae kimberlite pipe89 carat yellow from the South-East zone25 carat yellow from the Neck zone12 carat white from the North zone and 2 light pink diamondsThe Motha...Read More
Given that most of the highly economic diamond deposits in the world have already been put into production, diluted via expansion or depleted, going forward the economics of diamond mines will inevitably gravitate towards higher-cost, lower-value operations.Miners are left with a fairly limited decision to replenish their declining resource bases by either discovering or buying greenfield projects...Read More
The last few years have been painful for investors in silver. The white metal has failed to keep pace with gold and performed poorly, recently sliding under US$15.40 per ounce as a less-than-optimistic outlook weighs on the metal.Nonetheless, this has created an opportunity for contrarian investors seeking to bolster their exposure to silver. One of the best ways to gain considerable levered expos...Read More
Gold miners have long held a very unique status among investors. First, there's the long-held belief that gold is a safe store of wealth that will only appreciate in value over time owing to its scarcity and high demand. Then there are the efforts by gold miners over the past few years to become increasingly more efficient, which, by extension, results in higher margins and better returns.But does...Read More
One of the biggest one-time factors in a stock surge, or plunge, is acquisition news. Companies that are getting acquired tend to see significant gains, as investors are offered a premium to current market prices.At times, a company's share price can be bid up above the offer price in anticipation of a competing bid or a higher bid by the same company. On the flip side, if no competing bid materi...Read More
There are strange things done in the midnight sun / By the men who moil for gold; / The Arctic trails have their secret tales / That would make your blood run cold; / The Northern Lights have seen queer sights, / But the queerest they ever did see / Was that night on the marge of Lake Lebarge / I cremated Sam McGee. (by Robert W. Service; published in 1907)About 10 years ago, a century after poor...Read More