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SSR Mining to buy peer Alacer Gold in $1.72 billion deal

May 12, 2020 / dlvr.it

Canadian precious metals producer SSR Mining said it would to buy Alacer Gold in an all-stock deal valued at C$2.41 billion ($1.72 billion), adding heft as gold prices surge due to demand for the yellow metal in an uncertain economy.Read full newsRead More

$LSGOF $LDSCY - Land Securities Group PLC (LSGOF) CEO Mark Allan on Q4 2020 Results - Earnings Call Transcript....

May 13, 2020 / twitter.com

"$LSGOF $LDSCY - Land Securities Group PLC (LSGOF) CEO Mark Allan on Q4 2020 Results - Earnings Call Transcript. https://t.co/zmlMs2NNfh #markets #investing #economy"Read full newsRead More

.@MaxTechVentures Drilling Program Begins At Panama Lake #Gold Project, Red Lake, #Ontario

May 12, 2020 / bit.ly

Maxtech Ventures is pleased to announce that the drill program on its flagship Panama Lake gold property including a month long expanded field program will begin this Friday May 15th.Read full newsRead More

Otso Gold Announces an $8 Million Investment Agreement with Alumina Partners

May 12, 2020 / bit.ly

Otso Gold Corp. is pleased to announce that the Company has executed a draw-down equity financing facility of up to $8,000,000 CDN with Alumina PartnersRead full newsRead More

.@QMX_Gold Resumes Drilling on Bonnefond Deposit in Val d'Or Quebec

May 12, 2020 / bit.ly

QMX Gold Corporation is pleased to report that it will resume all its scheduled exploration activities, including diamond drilling on its Bonnefond deposit, following the announcement of the Quebec government that all exploration activities can recommence on May 11th.Read full newsRead More

.@RenforthRes Releases New Alger #Gold Mineral Resource Estimate

May 12, 2020 / bit.ly

Renforth Resources is pleased to provide shareholders with a pit constrained gold Mineral Resource Estimate for Renforth's wholly owned New Alger Property, located on the Cadillac BreakRead full newsRead More

.@RedPineExpl Makes New Discovery - Hits 5.2 g/t #Gold over 6.31 m Beneath the Surluga NI 43-101 Resource

May 12, 2020 / bit.ly

Red Pine Exploration Inc announces the discovery of a new mineralized gold zone, beneath the Surluga Deposit, during its on-going exploration program at its Wawa Gold ProjectRead full newsRead More

Play Defence With These 3 Companies

May 13, 2020 / www.fool.ca

Given the fact that none of us know how long this downturn will last, those who want to move some of their holdings away from growth companies and into defensive names would be right to do so, in my view. In this article, I’m going to discuss three excellent defensive picks for long-term investors. With these picks, investors will ride out the economic storm and earn a handsome profit over t...Read More

The Golden Rule: Should You Buy Gold Mining Stocks Today?

May 13, 2020 / www.fool.ca

You all know the golden rule, “He who has the gold, makes the rules.” The years of central bank experimentation are starting to show the flaws in the system. Gold miners are certainly making money off the move toward gold.I have liked gold companies as investments for a number of years. Global debt levels are ridiculously high, and the recent government spending regimen has certainly n...Read More

Is Now a Good Time to Buy TSX Stocks?

May 13, 2020 / www.fool.ca

For many investors, you may be wondering whether it’s a good time to buy TSX stocks.The economy was shut down and stocks sold off in late February and early March. However, since that time, provinces and states in North America have begun to reopen — and the market has rebounded tremendously.Perhaps you’re interested in buying stocks today but aren’t sure if it’s a go...Read More

Arianne Phosphate uses RPMGlobal's HAULSIM at Lac ? Paul

May 13, 2020 / www.mining.com

RPMGlobal's HAULSIM mining simulation tool. Credit: RPMGlobal. Arianne Phosphate is using RPMGlobal's leading mining simulation product, HAULSIM, to optimize key haulage routes for the development of its Lac ? Paul phosphate project in Quebec.Using HAULSIM during the critical engineering study phase allows the company to evaluate several haulage scenarios and effectively link the Lac ? Paul pr...Read More

Inmarsat offers new tool for miners to assess IoT

May 13, 2020 / www.mining.com

Image from Inmarsat. Inmarsat, a leader in global, mobile satellite communications, has released a new research study that confirms the global mining industry is going through an IoT revolution, with significant increases in adoption of Internet of Things (IoT) technology.Entitled The Rise of IoT in Mining, the report is the third IoT-focused research project undertaken by Inmarsat and focuses...Read More

The World Puts China on Notice

May 09, 2020 / www.outsiderclub.com

Who can you trust? It's a big question popping up in a number of places in this strange new world we live in. In the U.S., trust in state governments has been front-page news since anti-lockdown protests started taking off. Beyond that, new polls suggest that many Americans trust disease experts when it comes to information about the virus. On the other hand, the media and the federal governme...Read More

Ivanhoe hits more high grades at Kakula

May 13, 2020 / www.mining.com

Flory Wavumba Ilunga Drilling rock-bolt holes into the ceiling of the new water dam being constructed at Kakula. Image from Ivanhoe. Ivanhoe Mines (TSX: IVN) reported on Wednesday that crews at Kakula mine in the Democratic Republic of Congo (DRC) began mining and stockpiling ore with an average grade greater than 8% copper, with underground development approximately 4.4 kilometres ahead of sc...Read More

Sprott Resource sells stake in Corsa Coal

May 13, 2020 / www.mining.com

Schrock Run coal operations in Berlin, Pennsylvania. Credit: Corsa Coal Corp. Sprott Resource Holdings (TSX: SRHI) no longer has a stake in US coal miner Corsa Coal (TSXV: CSO), disposing of the 16.24 million common shares that it held at C$0.22 per share for aggregate gross proceeds of C$3.57 million. These shares represent approximately 17.1% of Corsa's issued and outstanding share capital.Cors...Read More

Metso-Outotec merger cleared by European Commission

May 13, 2020 / www.mining.com

Markku Ter??svirta, President and CEO, Outotec, Matti Alahuhta, Chairman, Board of Outotec Mikael Lilius, Chairman, Board of Metso Pekka Vauramo, and President and CEO, Metso. Image from Metso. Metso and Outotec Oyj received on Wednesday an unconditional merger control clearance from the European Commission for the combination of Metso's Minerals business with Outotec.The companies also received...Read More

IN CASE YOU MISSED IT: 5 key stories from May 13

May 14, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday May 13 that are worth another look.China's Sichuan province is to implement an inspection regime to ensure steelmakers comply with the nationwide policy requiring the increased use of alloys to improve the quality of any rebar produced in the region.Glencore, Anglo American and Vale have been excluded from Norway's oil fund while...Read More

LIVE FUTURES REPORT 13/05: LME lead price sinks to 4-year low; zinc follows lower

May 14, 2020 / www.metalbulletin.com

The three-month lead price on the London Metal Exchange was the underperformer at the close of trading on Wednesday May 13, slipping below nearby support levels against broad risk-off sentiment, while zinc futures similarly struggled over the afternoon.Lead's underlying price on the LME closed at $1,599.50 per tonne on Wednesday afternoon, falling from an intraday high of $1,632 per tonne, while t...Read More

Glencore, Anglo, Vale excluded from Norway's $1 trln oil fund

May 14, 2020 / www.metalbulletin.com

Glencore, Anglo American and Vale have been excluded from Norway's oil fund while BHP has been placed on an observation list as the $1.1 trillion fund tightens up its environmental, social and governance (ESG) requirements. Glencore and Anglo American have been removed due to the fund's product-based coal criteria, which were made stricter last year, while Vale has been barred due to environmental...Read More

Days of reckoning for ASX juniors

May 13, 2020 / www.mining-journal.com

Raisings by mainly bottom-end juniors in April were down in the order of 30% from the previous corresponding period 12 months ago, with Read More

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