State regulators gave the Canadian company the OK to excavate wetlands and possibly relocate any endangered species at the Upper Peninsula site.Read full newsRead More
State regulators gave the Canadian company the OK to excavate wetlands and possibly relocate any endangered species at the Upper Peninsula site.Read full newsRead More
Mr. David Wolfin reportsAVINO COMMISSIONS MILL CIRCUIT 4Avino Silver & Gold Mines Ltd. has commissionedmill circuit 4, which involves ramp-up, testing and tuning; the mill is operating consistent with management's expectations. Following the completion of the milling, flotation and thickening components, mill circuit 4's 1,000-tonne-per-day ball mill was turned over on Feb. 26, 2018, for its i...Read More
Caterpillar recently celebrated the manufacture of the 1000th Cat (R) 797 Mining Truck. With 400 tons (363 tonnes) payload capacity, the 797F model is Caterpillar's largest truck and the largest mechanical-drive mining truck in the world.The 797 is the only mining truck in the size class to reach the 1,000 milestone. The first 797 placed in a mining operation was commissioned in 1999 and is stil...Read More
Mr. Mark Kolebaba reportsINITIAL IP DATA DELINEATES SIGNIFICANT GOLD TARGETS ON THE OVERLOOK TRENDAdamera Minerals Corp.has provided initial results of an induced polarization (IP) survey on the Overlook gold trend, 200 metres southeast of the historic Overlook mine in Washington State. The survey covers an area drilled earlier by Adamera where drill holes OS17-01 and OS17-03 intersected zones of...Read More
Mr. Peeyush Varshney reportsZINCX RESOURCES ANNOUNCES 2018 EXPLORATION PLANSZincx Resources Corp. has released its plans for the 2018 field season for the 100-per-cent-owned Akie project. The company has outlined a comprehensive 2,500-metre diamond drill program that will focus on its 100-per-cent-owned Akie property. The company also wishes to advise it is in the final stages of its preliminary e...Read More
Granada Gold Mine has completed an initial trench program at its Aukeko property, immediately adjacent to its flagship gold property, the Granada Mine, in the province of Quebec, Canada.Read full newsRead More
On Monday, the Michigan Department of Environmental Quality gave a final permit for the controversial Back Forty gold mine in Menominee CountyRead full newsRead More
World's No. 2 miner Rio Tinto (ASX, LON:RIO) has joined forces with Minmetals, one of the biggest Chinese mining companies, to explore for mineral deposits first in the Asian country and then the rest of the world .The 50-50 joint venture with state-backed Minmetals follows a technical agreement signed in November, when both parties committed to collaborative search for new ore bodies."The formali...Read More
Democratic Republic of Congo's prime minister will sign into law on Friday regulations to immediately implement a new mining code without any concessions to industry demands that key provisions be amended, the mines minister said on Thursday.The move could set off a legal battle between the government and major mining companies operating in Congo, including Glencore and Randgold, which threatened...Read More
Australian copper-gold miner OZ Minerals (ASX:OZL) moved closer to having control of takeover target Avanco Resources (ASX:AVB) Thursday, as it declared its cash and shares offer for the for Brazil-focused explorer "unconditional."The Adelaide-based company is offering Avanco shareholders 8.5c in cash and 0.009 of its own shares for every Avanco share held, valuing the company at A$418 million (a...Read More
Cameco Corp. (TSX:CCO)(NYSE:CCJ) has long been viewed as a great long-term investment with plenty of potential, assuming that uranium prices finally recover from their multi-year lows.That hope is beginning to gain support with investors and pundits alike, so let's take another look at whether Cameco is worthy of an investment.What happened to uranium prices?Uranium is primarily used as a fuel for...Read More
Noting that the price of gold to silver sits at a ten-year high of about 80-to-one, PI Financial's precious metals and mining analyst Chris Thompson picks three established mining stocks to benefit most from a 'devil's metal' price recovery. (He also picks a 'sleeper' for those eternal optimists bent on ferreting out ridiculously under-priced penny mining stocks.)In a precious metals mining sector...Read More
And just like that, the VIX index crashes right back to where it was before the late-January 10% drop in the stock market - a reflection that the remaining stock market speculators and hedge fund bots have been completely cleansed of any fear impulse that hit daytrader keyboards in the first quarter of 2018:Hedge funds went from insanely short VIX futures to long VIX futures after the market h...Read More
The winner of this year's #DisruptMining 2018 contest - a yearly event sponsored by major miner Goldcorp to find new technologies to solve some of the most prominent challenges facing the often change-averse mining industry - has closed a C$1 million investment from the major.Henry Lazenby in Vancouver On site at Goldcorp's Red Lake complex07 JUNE 201807/06/2018commentsshareAs part of the deal...Read More
Visible gold in Hole OAX-17-168 at 197 m depth at Orenada Zone 4Alexandria Minerals Corp. [AZX-TSXV;ALDXF-OTC] said it is embarking on a new corporate direction that will feature non-dilutive financings, a re-focus on core assets and a new management team.The announcement follows the company's recent decision to terminate Alexandria's former CEO Eric Owens. In a February 14, 2018, press release th...Read More
CALGARY - Canada's oilsands industry, hard hit by a price storm this year, could be sailing straight into a pricing typhoon stirred up by new fuel standards for the international shipping industry.The tighter pollution rules by the International Maritime Organization, dubbed IMO 2020, are set to take effect Jan. 1, 2020, resulting in the sulphur content limit of "bunker" fuel on ships droppi...Read More
$7.17 billion.According to Deloitte, this is how much Canadians are expected to spend on cannabis products next year.Once this report came out, Wall Street hot shots spit out the data to their clients so they could get a piece of this action.And this, dear reader, is why those Wall Street hustlers are useless.Everything they're now telling their clients about cannabis stocks is basically what I to...Read More
Seabridge Gold (TSX: SEA; NYSE:SA) holds one of the world's largest resource bases of gold, copper and silver, with the objective of growing gold resource and reserve ownership per share. We learned from Rudi Fronk, who's chairman and CEO of Seabridge Gold, that he started Seabridge almost 19 years ago with a contrarian view on gold and with the intention to build the best leveraged play to a risi...Read More
Aben Resources Ltd. (TSX-V: ABN, OTC PINK: ABNAF, Frankfurt: E2L2) is a Canadian gold exploration company developing three great projects in British Columbia's Golden Triangle, the Yukon, and Saskatchewan. We learned from Jim Pettit, President and CEO of Aben Resources, that their flagship project is called Forrest Kerr Gold Project in the Golden Triangle, northwestern British Columbia, which is a...Read More