Galway Metals (TSXV: GWM) has released drill results from its 605-sq.-km Clarence Stream gold project in New Brunswick, which narrows the gap between the Richard and Jubilee zones down to 350 metres.Drill highlights include 47 metres of 10.6 grams gold per tonne and 32 metres of 1.2 grams gold from hole 87, which was drilled between two previously completed step-out holes. Hole 93, which extended...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) will spend $1 billion over the next five years to reduce its carbon footprint and have net zero greenhouse gas emissions by 2050, but some analysts say the announcement is a minor step towards helping the mining industry achieve climate goals.Delivering full-year results for 2019, in which the company recorded its highest profit in eight years, CEO Jean-S?(C)bastien...Read More
The decision by Teck Resources (TSX: TECK.B; NYSE: TCK) to withdraw its $20 billion Frontier project from the regulatory review process will further reduce investor confidence in Canada's oil and gas industry, says an industry analyst."Our conversations with institutional investors had begun to put 'regulatory hurdles' lower on the list of concerns when looking at the Canadian energy sector," said...Read More
Employment in the mining industry is highly specialized and as a result, retaining skilled staff is challenging. These employees are often the most valuable asset at a mine and can run anywhere from 25% to 50% of the daily operating costs.One of the top reasons that employees leave for greener pastures is how much they are paid. Individuals such as geologists, engineers and top-line supervisors ar...Read More
The global energy storage market is expected to balloon over the next 15 years, according to a report released by Lux Research."The energy storage industry is poised for a massive increase in annual revenue and deployment capacity as key innovative technologies, such as solid-state batteries and flow batteries, reach commercialization," Chloe Holzinger, an analyst and one of the report's lead auth...Read More
Silver producer Excellon Resources (TSX: EXN) has announced plans to acquire developer Otis Gold (TSXV: OOO) in an all-share deal worth an estimated $32.3 million, based on recent closing stock prices.Excellon's main producing asset is the high-grade underground silver-lead-zinc Platosa mine in Mexico, whereas Otis holds the Kilgore gold project in Idaho. Based on a share exchange ratio of 0.23...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaAs usual, my timing was off and perhaps I was a bit quick off the mark last week in declaring we may have dodged a Corona-soaked bullet.Read More
Egypt announced a new exploration tender for gold-mining, offering international companies a chance to bid on blocks in the eastern desert after revamping regulations that drew complaints from investors.Read full newsRead More
VANCOUVER, Feb. 25, 2020 /PRNewswire/ - Columbus Gold Corp. (cgt:TSX)(cgtff:OTCQX) (Read full newsRead More
Egypt announced a new exploration tender for gold-mining, offering international companies a chance to bid on blocks in the eastern desert after revamping regulations that drew complaints from investors.Read full newsRead More
1933 Industries announces that Ms. Jeannette VanderMarel will be providing advisory services to the Company in the areas of business development and corporate governance.Read full newsRead More
High Grade results include 22.6g/t Gold and 1,431g/t Silver over 3.0mRead full newsRead More
High Grade results include 22.6g/t Gold and 1,431g/t Silver over 3.0mRead full newsRead More
NV Gold Corporation is pleased to announce a non-brokered private placement of units of the NV Gold for gross proceeds of up to CDN$750,000.Read full newsRead More
Emgold Mining announces it has signed a Property Acquisition Agreement and will sell its Stewart and Rozan Properties to Ximen Mining Corporation.Read full newsRead More
Brixton Metals Corporation has commenced a 1,000m drill program at its wholly-owned Langis Mine property in the Cobalt Camp, Ontario, Canada.Read full newsRead More
Deep-South Resources Inc. announces that it has appointed Mr. Paul Smith to its Board of Directors and has appointed Ms. Chantelle Collins as CFO.Read full newsRead More
Image courtesy of Eric Schrader on Flickr The International Copper Association (ICA) has announced its creation of the 'Copper Mark,' a global standard to ensure responsible production and trading of copper. The ICA's more than 500 global program partners bring together the copper industry to develop and defend markets for copper and to make a contribution to society's sustainable-development...Read More
Following the recent sharp oil price falls, the risks to the price outlook have now shifted dramatically to the upside. (File image) The impact of the coronavirus has sent shockwaves across the oil market, says Oxford Economics, an independent global advisory firm. In its latest publication, Oxford has lowered its year-over-year global demand growth forecast in 2020 to 0.72 mb/d from 1.09 mb/d pr...Read More
Drilling at Candelones Extension Credit: Unigold Unigold has released the results of two holes completed at the Candelones Extension deposit, within its 226-sq.-km Neita concession in the Dominican Republic. The latest drilling extends two targets within the Candelones Extension and suggests a new zone of stockwork sulphide mineralization.Drill highlights include 129.5 metres of 1.29 g/t gold in...Read More