Rosatom announced on Monday that the Russia-China Investment Fund for Regional Development will kickstart the financing for a uranium mining project in Russia's Zabaikalsky Territory.Zabaikalsky is located in the southeastern region of Transbaikalia and has a 998-kilometre border with China and a 868-kilometre border with Mongolia. According to state-owned website Sputnik, the agreement was signed...Read More
Shares in Newcrest Mining fell more 4.6 per cent Monday after the miner declared that its performance for fiscal 2018 will be definitely affected by the breach of a tailings dam wall at its Cadia gold mine."Whilst it is too early in the evaluation and recovery process for Newcrest to provide an indication of the extent to which FY18 production, capital and cost guidance will be impacted, this even...Read More
Vancouver-based Caza Gold and Arctic Blockchain have agreed to merge through a transaction described as a "reverse takeover" of Caza by Arctic. This means that the former will change its business from a mining issuer to a technology issuer. Even though the terms of the transaction are still to be defined, the idea is that following completion former Arctic shareholders will hold approximately 98.2...Read More
The board of directors at Stellar Diamonds (LON:STEL) recommended Monday a merger with Australia's Newfield Resources (ASX: NWF), which also operates in Sierra Leone.The all-share takeover by the Sydney-listed company offers 0.76 Newfield shares for each Stellar one, valuing the diamond miner at ?7.74 million (about $10.8 million).Under the deal, Newfield will lend Stellar $3 million to help it...Read More
The US mining industry is asking the Supreme Court to revoke an Obama-era rule banning the mining of uranium on public lands nearby the Grand Canyon.The National Mining Association (NMA) and the American Exploration and Mining Association (AEMA) filed petitions on Friday asking the court to reverse the 2012 ban implemented by the previous administration as uranium prices soared and a flurry of n...Read More
Bangor Daily NewsPATTEN, Maine - Since last December, Wolfden Resources geologist Art Hamilton has been studying drilling samples from 500-million-year-old volcanic rock near Pickett Mountain in northeastern Penobscot County.Through the end of the year Hamilton and Wolfden's team of contractors will be taking more than 32,000 feet of 2 1/2 -inch diameter core samples of the Pickett Mountain depos...Read More
Conclusively, cryptocurrencies like Bitcoin and Ethereum have significant advantages over banks in a number of areas, including security, borderless transaction settlement, efficient payment clearance, and lack of dependence on centralized service providers or entities...Read full newsRead More
What are two things that all investors like? Trends and bargains. The trend is your friend. And one of the hottest trends at the moment in markets is blockchain.Investors also like bargains - for obvious reasons. That's one reason why more and more investors are turning to the Stockhouse DealRoom:...Read full newsRead More
Three words the mining industry never likes to hear - tailings dam breach. Fortunately for Newcrest, its incident won't draw the same awful headlines as BHP.Read full newsRead More
Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren't too happy about it.Read full newsRead More
By Rhiannon Hoyle SYDNEY--Newcrest Mining Ltd. (NCM.AU) said it expects to downgrade annual production and cost targets after suspending its Cadia gold operation in eastern Australia because par...Read full newsRead More
Momentum Public Relations Blog: February 28th The premiere mining convention in the world is about to take place in Toronto as the Prospectors and Developers Association of Canada, PDAC, holds its annual convention from March 4-7, 2018. As mining conventions go, PDAC attracts the largest numbers in the world with more than 24,000 attendees expectedRead full newsRead More
Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, International Business Machines, US Dollar Index Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
Momentum Public Relations Press Release: February 6 2018 Hillcrest Petroleum Ltd. (the " Company " or " Hillcrest ") is pleased to provide the following update on the Company's development and production operations in Saskatchewan. Hillcrest previously announced that production from the 16-13 well was restored in early January of this year. Reported daily productionRead full newsRead More
Momentum Public Relations Press Release: March 5 2018 Relevium Technologies Inc. (TSX VENTURE:RLV)(OTCQB:RLLVF) and (FRANKFURT:6BX) (the "Company" or "Relevium"), is pleased to announce it has appointed Mr. Didier Martin as special advisor and project leader for the Company's current and future Blockchain projects. Mr. Didier Martin joins the company effective immediately in his advisory capa...Read More
Carube Copper Corp. (TSXV: CUC) (the 'Company') announces today that its current Board of Directors has proposed a slate of directors for the upcoming Special and Annual General Meeting scheduled for May 24th, 2018. The Board has also appointed Tony Houston as interim CEO and President of the company.Read full newsRead More
Asante Gold Corporation (CSE:ASE) (FRANKFURT:1A9) (OTC:ASGOF) ("Asante Gold" or the "Company") announces that it has appointed Kevin Thomson as a consultant and advisor to the Board of Directors.Read full newsRead More
Ely Gold Royalties Inc. (TSXV: ELY) (OTC Pink: ELYGF) ('Ely Gold' or the 'Company') through its wholly owned subsidiary, Nevada Select Royalty, Inc ('Nevada Select') is pleased to announce that it has entered into a definitive purchase agreement with Gold Resource Corporation (NYSE MKT: GORO) 'Gold Resource' whereby Gold Resource has acquired a 100% interest...Read More
Last week's other top-performing resource stocks on the TSX were Nickel Creek Platinum, Alexco Resource, Sherritt International Mining and Red Eagle Mining.Read full newsRead More