The Samarco iron ore mine in Brazil is likely to resume operations before the end of the year or early 2019 Vale (NYSE:VALE) executives told investors on Wednesday.Samarco Mineracao - a Vale-BHP joint venture - ceased operations in November 2015 following a deadly tailings dam burst. At 30 million tonnes per year before the disaster Samarco's pelletizing operations supplied roughly one-fifth of th...Read More
Vancouver-based Secova Metals (TSXV: SEK) announced today that, with the acquisition of 1151640 B.C. Ltd, it has taken over 40 claims or approximately 2,186 hectares in eastern Quebec. The claims are contained within the Muskrat, Boudrais and Peribonka-Begin cobalt projects. Half of those claims, which comprise the Muskrat Cobalt project, are located in the Riviere aux Rats area of Quebec and are...Read More
Atlas Iron (ASX: AGO) announced today that, despite high discounts for lower grade iron ore, it is still on track to meet its fiscal 2017-2018 shipment volume and cost guidance,which management set last August in 9 million-10 million wet tonnes, having shipped 5.2 million wet tonnes in the first-half to December 2017.In a media statement issued Tuesday, Australia's fifth largest iron ore producer...Read More
http://www.cbc.ca/Education and cultural centres are top priorities for organizationThe Kivalliq Inuit Association (KIA) is planning how to invest anticipated mining royalties of up to $100 million.David Ningeongan, KIA president, said the organization now has $23 million in a variety of endowment and operating funds, but he said the association could earn $100 million in royalties over the next 1...Read More
Gold producers are doing everything they're supposed to be doing -- squeezing more profit out of mines, penny-pinching on projects and resisting the kind of big deals that got them into trouble when prices fell.Read full newsRead More
If you purchase a certain piece of land off Old Mine Road in North Scottsdale, you will literally be sitting on a gold mine.Read full newsRead More
TORONTO, Feb. 27, 2018 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ('Wallbridge') is pleased to announce that it has commenced the dewateri...Read full newsRead More
Some production activities at the Porgera gold mine in Papua New Guinea have been suspended to save power after a powerful earthquake damaged the power station that supplies the mine, operator Barrick (Niugini) Ltd said on Tuesday.Read full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
FULL DISCLOSURE: Kintavar Exploration Inc. is a paid client of Stockhouse Publishing.Read full newsRead More
Poor housing reports and poor economic reports on durable goods and international trade took a toll on GDP estimates.Read full newsRead More
Tuesday was a hard day for many of the major markets, but they managed to bounce back into the green on Wednesday morning.Read full newsRead More
Falco Resources Ltd. (TSXV:FPC) ('Falco' or the 'Company') is pleased to announce that it has commenced its 2018 exploration program on the Donalda - Quemont East target. An initial program of 20 holes for a total of 20,000 metres is planned to be completed.Read full newsRead More
Renforth Resources Inc. (CSE - RFR) ("Renforth" or the "Company") is pleased to announce that during recently completed thin-section petrographical work on the Discovery Veins at New Alger several grains of visible free gold were reported.Read full newsRead More
Tampere, Finland, February 27, 2018 - The award-winning AutoMine (R) product family from Sandvik continues to evolve. The brand new next generation release of AutoMine (R) Lite 2.0 includes both consistent high-speed automated production missions and smart teleoperation capabilities for dynamic mining operations. As a combined package, the new AutoMine (R) Lite 2.0 is a unique solution for integra...Read More
Sweden's billionaire Lundin family is looking to spend as much as $3 billion on a new industrial-metal asset as prices rally, before turning its attention to scouring for a new gold project.Lundin Mining Corp. is on the prowl for a long-life zinc, nickel or copper asset and would shell out $1 billion to $3 billion, Lukas Lundin said in an interview Wednesday from the BMO Global Metals & Mining Con...Read More
A lithium explorer backed by Canadian mining magnate Frank Giustra dropped in Toronto trading amid speculation that its prospective buyer, a Chinese investment company, may fail to cough up the cash.Vancouver-based Lithium X Energy Corp. fell the most in nearly two years Wednesday, the latest casualty in a sector that's been pummeled this week on forecasts that a supply glut may loom for the metal...Read More
GFG Resources (TSX-V:GFG) announced today that it has completed the acquisition of Rapier Gold.In a press release, the company explained that the buy-out was an integral part of its plans to consolidate a piece of land west of the gold mining district of Timmins, Ontario. With this addition, GFG now controls 565 square kilometres of gold assets in the eastern Canadian province.The consolidated lan...Read More
The Samarco iron ore mine in Brazil is likely to resume operations before the end of the year or early 2019 Vale (NYSE:VALE) executives told investors on Wednesday.Samarco Mineracao - a Vale-BHP joint venture - ceased operations in November 2015 following a deadly tailings dam burst. At 30 million tonnes per year before the disaster Samarco's pelletizing operations supplied roughly one-fifth of th...Read More
Vancouver-based Secova Metals (TSXV: SEK) announced today that, with the acquisition of 1151640 B.C. Ltd, it has taken over 40 claims or approximately 2,186 hectares in eastern Quebec. The claims are contained within the Muskrat, Boudrais and Peribonka-Begin cobalt projects. Half of those claims, which comprise the Muskrat Cobalt project, are located in the Riviere aux Rats area of Quebec and are...Read More