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BHP to pay $840M to end coal energy dependence in Chile

August 10, 2020 / www.northernminer.com

BHP's (LSE: BHP; NYSE: BHP) Escondida and Spence copper mines in northern Chile are poised to pay a total of US$840 million for an early end to a 2008 energy contract with a coal-fired thermoelectric plant.The move follows a series of recent steps BHP has been taking to become an environmentally friendly miner, including carbon capture and storage and other innovations such as direct air capture.L...Read More

The never-ending iron ore boom

August 10, 2020 / www.mining-journal.com

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Lithium no quiet place for AVZSPONSOREDavz mineralsThat might sound like a tricky concept to grasp but what it comes down to is that value of the shares one man owns in Fortescue curr...Read More

Alrosa digs up Russia's largest coloured diamond

August 10, 2020 / www.northernminer.com

Alrosa, the world's top diamond miner by output, has found a 236-carat rough diamond of deep amber colour at one of its mines in Russia's northeastern region of Yakutia.The precious stone, thought to be between 120 and 230 million years old, is the largest coloured diamond ever mined in Russia, the company said.The diamond, described as having a "natural and intense yellow-brown colour," was found...Read More

Kerr Mines Announces Closing of $5 Million Bought Deal Financing

August 10, 2020 / bit.ly

Kerr Mines Inc. is pleased to announce that it has closed its preRead full newsRead More

Brigadier Signs Definitive Agreement to Option Gold-Silver Picachos Property

August 10, 2020 / bit.ly

Brigadier Gold Limited (TSXV:BRG) (FSE: B7LM) is pleased to announce that it has signed a definitive agreement for an option to acquire a 100% interest in the 3,954 hectare Picachos Gold-Silver Property, centered over the historicRead full newsRead More

Victory Resources and Abitibi Royalties Announce Signing of an Option Agreement

August 10, 2020 / bit.ly

Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) (Read full newsRead More

NV Gold Mobilizes to Slumber Gold Project in Nevada to Initiate CSAMT Geophysical Survey

August 10, 2020 / bit.ly

NV Gold Corporation is pleased to announce that a controlled sourRead full newsRead More

Radisson to Acquire the New Alger Project and Partner with Renforth Resources Inc.

August 10, 2020 / bit.ly

Radisson Mining Resources Inc. and Renforth Resources Inc. are plRead full newsRead More

New Pacific Announces Graduation to TSX

August 10, 2020 / bit.ly

New Pacific Metals Corp. is pleased to announce that it has receiRead full newsRead More

Barrick Gold profit rises, beats expectations

August 11, 2020 / dlvr.it

Barrick Gold Corp. profit and revenue rose for the second quarter as it made changes to its operations at mines due to the Covid-19 pandemic,and it said it stayed within its 2020 production guidance range.Read full newsRead More

Borneo Oil surges after gold discovery announcement

August 10, 2020 / dlvr.it

KUALA LUMPUR: Shares of Borneo Oil Bhd have rallied to a two-year high in early trade today after announcing a gold deposits discovery in one of its mining plots.Read full newsRead More

Silver jumped to the highest in almost seven years and gold continued its march toward a record

July 22, 2020 / www.bloomberg.com

Silver futures climbed to the highest in almost seven years and gold continued its march toward a record on expectations there'll be more stimulus to help the global economy recover from the coronavirus pandemic.Read full newsRead More

Record Gold Prices Draw Interest to Junior Gold Miners in Canada's Prolific Gold Regions

August 12, 2020

Gold prices continue climb towards all-time record highs with December gold futures reaching an astounding $2,027 on Tuesday.  The gold frenzy driven in part by the weakening dollar and the global pandemic is good news for Canadian junior gold miners and mid-tier gold exploration companies, particularly those in prolific gold regions across Canada. Although some mining regions faced setbacks...Read More

3 Top Stocks to Buy Before the Stock Market Crashes Again in 2020

August 11, 2020 / www.fool.ca

Speculation is rife that the stock markets could crash again in 2020. Government support and the rush to bring a COVID-19 vaccine to the market fueled one of the fastest recoveries in the stock markets that I have ever seen.Over the last four months, the Canadian stock market recovered most of its lost ground with the majority of top TSX stocks rebounding strongly. However, the stock market’...Read More

Why Barrick Gold (TSX:ABX) Is a Screaming Buy Despite Valuation Concerns

August 11, 2020 / www.fool.ca

Gold has rallied almost 27%, while top miner stock Barrick Gold (TSX:ABX)(NYSE:GOLD) is up 60% this year. While the stock is indeed expensive, its second-quarter earnings underline the growth path.Let’s see what’s next for the world’s second-biggest gold miner.Barrick Gold: Q2 EarningsDriven by rallying gold prices, miners were expected to report fairly high quarterly earnings. B...Read More

Solaris drills long copper intercept at Warintza

August 11, 2020 / www.mining.com

Team at Warintza Credit: Solaris The initial hole from the first drill program in 20 years at Solaris Resources' 268-sq.-km Warintza project in south-east Ecuador hit 567 metres of 1% copper-equivalent (0.8% copper, 0.04% molybdenum and 0.1 g/t silver) starting at surface.According to the company, this most recent intercept expands the known mineralization at depth and suggests higher metal gra...Read More

Equinox generates 127,016 oz. in Q2, adjusts guidance

August 11, 2020 / www.mining.com

Aerial view of the plant at Aurizona Gold Mine in Brazil (foreground) and Piaba Pit (background). (Image courtesy of Equinox Gold.) In the second quarter, producer Equinox Gold generated a total of 127,016 oz. at all-in sustaining costs of $900 per oz. sold, from six mines in the Americas.Despite the covid-19 pandemic, Equinox still recorded its highest quarterly gold production in the quarter....Read More

The Simple Reason Gold Is Going Higher

August 05, 2020 / www.outsiderclub.com

Gold has now broken through $2,000 and sits at all-time record-high prices.It shows no sign of slowing down yet (though some gold stocks are getting a bit overextended and due for a bit of a pullback before carrying on their upward march).If it hasn't come into focus for you yet, let's open your aperture.For years - since 2008, really - global banks have conspired to keep rates artificially low. W...Read More

Buy This 1 Rare TSX Stock for Huge Upside Potential

August 10, 2020 / www.fool.ca

Canada had a wake-up call this year when oil briefly traded at negative prices. It put energy diversification firmly on the agenda. While the oil industry arguably has a few years left in it, there are alternatives massing on the horizon.Clean energy is a high-growth sectorShould energy investors overlook an estimated 77.4% annual earnings growth over the next one to three years? This key uranium...Read More

Search for missing bodies to resume in Brumadinho

August 11, 2020 / www.mining.com

Destruction caused by spilled tailings from the C??rrego do Feij??o iron ore mine in January 2019. (Image courtesy of Felipe Werneck | Ibama.) The Fire Brigade of Minas Gerais announced it will resume on August 27th the search for still missing bodies of 11 victims of the dam collapse in Brumadinho last year, which killed 270 people. Work was halted on March 21 due to pandemic protocols. The res...Read More

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