In the heart of Alaska's remote southwestern Kuskokwim Mountains, two Canadian mining companies could soon get the green light to dig a massive open-pit mine to access what they describe as one of the largest undeveloped gold deposits in the world.Read full newsRead More
Vangold Mining Corp. (TSXV:VAN) (OTC Pink:VGLDF) (FSE:E35B) ('Vangold' or the 'Company') is pleased to announce a non-brokered private placement financing of up to 16,666,667 Units consisting of one common share and one share purchase warrant at a price of $0.12 per unit (the 'Offering').Read full newsRead More
While the major markets spent Monday getting back into the green, commodities were the one making major gains on Tuesday morning.Read full newsRead More
Radisson Mining Resources Inc. (TSX-V:RDS) (OTC:RMRDF) (FRANKFURT:2RX) ("Radisson" or the "Company') is pleased to announce the first set of results from the 6,000 m ongoing drilling program on the Vintage Zone of the O'Brien gold project.Read full newsRead More
Broadway Gold Mining Ltd. (TSXV:BRD) (OTCQB:BDWYF) ("Broadway" or the "Company") is pleased to provide an update on its Phase III surface drilling program at the Company's 100%-owned Madison copper-gold project in the historic Butte-Anaconda mining region of Montana, USA.Read full newsRead More
Rob McEwen from McEwen Mining spoke to INN at PDAC 2018 and talked about Innovation in the mining industry and the future of Gold. __________________________...Read full newsRead More
Source: Streetwise Reports 03/06/2018Lawrence Roulston, managing director of WestBay Capital Advisors, discusses the mineral-rich, but often overlooked, main island of Fiji, part of the South Pacific Ring of Fire, and several active miners there.Mining in FijiThe Gold Report: Lawrence, thanks for joining us today. You've had a long career in mining. Would you tell us about it?Lawrence Roulston...Read More
March 5, 2018 - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or the "Company") is pleased to announce receipt of a joint Decision Document from the Yukon Government (YG) and the First Nation of Na-Cho Nyak Dun (NND) stating that the Company's proposed 65-km, private, all-season tote road to the Tiger Gold Deposit will be allowed to proceed.This represents completion of the Yukon Environmental and Socio...Read More
Democratic Republic of Congo President Joseph Kabila's plan to discuss proposed changes to mining royalties with mining company representatives on Tuesday was postponed by a day, a government minister said.No reason was given for the decision to delay the meeting."It will be tomorrow before noon," Mines Minister Martin Kabwelulu said in a text message.Top executives from eight international mining...Read More
GENEVA, March 6 (Reuters) - The car industry is moving towards making electric car batteries with a higher ratio of nickel, Ola Kaellenius, Daimler board member responsible for research and development, said on Tuesday.High cobalt prices have been pushing manufacturers to adjust the recipe for the batteries used to power electric cars to reduce the amount of cobalt and increase the nickel content....Read More
British company Sirius Minerals (LON:SXX), the company building a huge polyhalite mine beneath a national park, is looking to raise up to $2 billion in government-backed debt to finish building its fertilizer project in North Yorkshire.Delivering preliminary results for 2017, the company said its main focus this year will be securing up to $3bn from banks, including roughly $2bn under the gover...Read More
NEW YORK, March 6 (Reuters) - Asian gold-backed exchange-traded funds (ETFs) added more tonnes in February than North America and Europe, reversing its 2017 trend of having more flows out, the World Gold Council said on Tuesday.Asian-listed gold ETFs added 7.9 tonnes worth $318.1 million. This was an 8.3 percent increase from January."We've seen overall investment demand pick up in Asia, particula...Read More
Story by Jeff DesjardinsCourtesy of: Visual CapitalistEvery year, a vast amount of copper is used by the global economy to manufacture a wide variety of goods.It's a major ingredient in big-ticket consumer goods like autos, appliances, electronics, and new homes. Simultaneously, copper is also gobbled up for many industrial uses including telecommunications, utilities, construction, and industrial...Read More
Major blow to the EU! The populist Five Star Movement won about one-third of the votes in the Italian general elections. It's another negative shock for the European establishment. Will these stars shine on gold?Five Star Movement triumphsWe live in strange times. To be a hairstylist, you need a license. But you can become a politician being just a comedian and telling jokes. We refer here to Bepp...Read More
Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, is moving forward with its global employee share plan, which aims at making every staff member an owner of the company.As part of the initiative, launched in 2016, the Canadian miner's employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares, it said Tuesday."Just like...Read More
A Brazilian court denied a request by Norwegian aluminum maker Norsk Hydro ASA to resume full operations at its unit Hydro Alunorte, the court said in a statement, in the latest setback after allegations it had contaminated water in the area.Norsk Hydro had appealed to a higher court after a judge last week ordered the company to halve production at Alunorte. The complex, located in Barcarena in t...Read More
(Bloomberg) - If attendance at the world's biggest mining conference is any indication, things are looking up for the industry - although capital is still tight, especially for juniors.While the official number isn't out yet, organizers are expecting attendance for the PDAC conference in Toronto to be higher than last year, which was in turn an improvement on 2016.While attendance is still a lo...Read More
Teck Resources Limited ("Teck") has selected a M15,000 IsaMill?,,? for their mill upgrade project at Teck Red Dog Operations, which is expected to increase Red Dog's average mill throughput by about 15% over the current mine life. The operation, located north of the Arctic Circle and one of the world's largest zinc mines, required grinding equipment that could be retrofitted within the confines of...Read More
HELSINKI, March 6 (Reuters) - Finland's Ahtium Oyj , previously named Talvivaara Mining Company, which ran a troubled nickel mine in northern Finland, has filed for bankruptcy after failing to secure financing for future projects, it said on Tuesday.Ahtium is the former owner of the mine that leaked waste water in 2012 and faced serious production problems, prompting the Finnish government to take...Read More
Representatives from the community-based organization Marange Development Trust appeared before Zimbabwe's Parliament to denounce that people in the Marange diamond fields are experiencing worse living conditions now that the Zimbabwe Consolidated Mining Company is in charge of the area.According to Chairman Malvern Mudiwa, the different kinds of abuses that villagers have been enduring for decade...Read More