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5 Top Weekly TSXV Stocks: Atlantic Gold Rises on Commercial Production

March 12, 2018 / bit.ly

Last week's other top-gaining TSXV-listed mining stocks were Meridian Mining, DLV Resources, Inter-Rock Minerals and Red Eagle Exploration.Read full newsRead More

RT @VisualCap: Infographic: Why Investors Turn to Copper as an Inflation Hedge (See full graphic:

March 12, 2018 / www.visualcapitalist.com

Used in everything from autos to appliances, copper is widely watched as an economic bellwether - and this same relationship makes it a good inflation hedge.Read full newsRead More

Gold miner now in the blockchain business

March 12, 2018 / www.mining.com

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

Investors hunting cobalt deals approached Sherritt, CEO Says

March 12, 2018 / www.mining.com

(Bloomberg) - Sherritt International Corp. has been approached by investors seeking to buy a share of its cobalt production as a way of gaining exposure to the red-hot battery metal, the Canadian miner's chief executive officer said.Cobalt is rapidly becoming an investor darling as expectations of a shortage driven by the growth of electric vehicles have helped the price more than triple in 18 mo...Read More

Congo's Kabila to sign new mining code soon after meeting with miners

March 07, 2018 / www.mining.com

By Amedee MwarabuKINSHASA, March 7 (Reuters) - Democratic Republic of Congo President Joseph Kabila will soon sign into law a new mining code that is vigorously opposed by industry, according to the government and mining companies.The announcement followed a nearly six-hour meeting on Wednesday between Kabila and mining executives in Kinshasa about the new code, which will raise taxes and remove a...Read More

Glencore's talks to sell cobalt to Chinese firm falter on price

March 06, 2018 / www.mining.com

LONDON/BEIJING, March 6 (Reuters) - Glencore is in talks to sell around a quarter of its cobalt output in a one-year deal to Chinese firm GEM, but price is a sticking point as Glencore and other major producers are now able to exert more influence in negotiations, sources said.Cobalt has increasingly come under the spotlight over the last year as automakers lay out plans for massive investments in...Read More

Agnico Eagle is reviewing cobalt assets after receiving interest

February 27, 2018 / www.mining.com

(Bloomberg) - Agnico Eagle Mines Ltd. is dusting off cobalt assets in Ontario for potential sale as a global search for the rechargeable-battery ingredient expands amid surging demand.The gold producer is doing an analysis of its Canadian cobalt holdings after receiving five or six inquiries, Chief Executive Officer Sean Boyd said Monday in a Bloomberg TV interview at the annual BMO mining confe...Read More

Eramet eyes expansion in electric vehicle metals

February 20, 2018 / www.mining.com

PARIS, Feb 20 (Reuters) - Eramet Chief Executive Christel Bories said on Tuesday that the French mining group is looking to expand in minerals like cobalt, lithium and nickel salts linked to energy transition markets like electric vehicles.Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit in Argentina, she said."We're in a phase of studying opportunitie...Read More

Battery-technology metals to leave gold, silver in the dust: readers

February 17, 2018 / www.mining.com

A whopping two-thirds of MINING.com readers say battery-technology metals will perform better than precious or base metals in 2018.The survey, which ran last month ahead of the Vancouver Resource Investment Conference 2018, asked our readers how the materials needed to make batteries for the coming electrical vehicle revolution will fare over the coming years. Key findings were the following:Two-t...Read More

Sweden hunts for cobalt as electrical vehicle race boosts demand

February 16, 2018 / www.mining.com

(Bloomberg) - Sweden will step up efforts to find precious minerals such as cobalt and lithium, key battery components that are increasingly in demand among makers of electric vehicles.The government will invest 10 million kronor ($1.26 million) over the next two years to map the existence of minerals deemed important for future growth. While Sweden has a history of mining for base metals, the Ge...Read More

BMW mining deals imminent as cobalt price powers on - report

February 09, 2018 / www.mining.com

Image: ShutterstockCopper and base metals markets are having terrible week, but the rally in the price of cobalt shows no signs of fizzling out. The metal quoted on the LME rose to a fresh 9-year peak of $81,500 a tonne yesterday, a 147% surge since the beginning of 2017.Lithium carbonate prices began its run up two years ago, going from $6,100 per tonne to average $23,350 so far this year on hop...Read More

US miners ask Supreme Court to end uranium mining ban near Grand Canyon

March 12, 2018 / www.mining.com

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

Polish JSW beats forecasts with 2017 profit, but suspends dividend

March 12, 2018 / www.mining.com

WARSAW, March 12 (Reuters) - JSW, the European Union's biggest coking coal producer, said on Monday its 2017 net profit jumped to 2.54 billion zlotys ($745.31 million) from 6.7 million zlotys a year earlier, driven by a 65 percent rise in the average coking coal price.Analysts polled by Reuters had expected state-run JSW to report a net profit of 2.41 billion zlotys for 2017 and 620 million zlotys...Read More

Newcrest shares hit after dam wall collapse

March 12, 2018 / www.mining.com

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

Russia and China to work on joint uranium mining project

March 12, 2018 / www.mining.com

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

China's Zijin Mining interested in Serbian copper mine RTB, Belgrade says

March 12, 2018 / www.mining.com

BELGRADE, March 12 (Reuters) - China's Zijin Mining Group Co. Ltd. has expressed interest in buying loss-making Serbian copper miner and smelter RTB Bor, which the Balkan state has been trying to sell for the past decade.President Aleksandar Vucic on Monday met representatives of the Chinese firm, who expressed an intention to invest several hundred million dollars in the business, his office said...Read More

Newfield acquires Stellar Diamonds for $23.6 million

March 12, 2018 / www.mining.com

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

Record Low Volatility in Precious Metals and What it Means

March 13, 2018 / www.miningfeeds.com

The past 18 months have been difficult for precious metals investors. If you had known Donald Trump would be elected and the US Dollar would soon begin a nearly 15% decline, you would have expected Gold to blow past its 2016 high. You would have been shocked to see the gold miners and junior gold stocks trading lower. Gold has fared okay but the gold stocks and Silver have lagged. As US equities h...Read More

Primero Announces Shareholders Vote in Favour of First Majestic Acquisition

March 13, 2018 / www.stockwatch.com

Primero Announces Shareholders Vote in Favour of Transaction With First MajesticTORONTO, ON--(Marketwired - March 13, 2018) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) and First Majestic Silver Corp. ("First Majestic") (TSX: FR)(NYSE: AG) are pleased to announce that Primero's shareholders have voted in favour of the arrangement transaction (the "Transaction") at a special meeting...Read More

Novo Resources receives $3.33M from warrant exercise

March 13, 2018 / www.stockwatch.com

Mr. Rob Humphryson reportsNOVO REPORTS FULL EXERCISE OF MARCH 2016 SHARE PURCHASE WARRANTS All of Novo Resources Corp.'s 3,927,884 share purchase warrants issued in a private placement which closed on March 8, 2016 (see the company's news release of March 8, 2016), have been exercised, raising gross proceeds of $3,338,701. Novo's current cash balance stands at approximately $69.5-million."We are d...Read More

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