Fortune Minerals Limited (TSX:FT) (OTCQX:FTMDF) ('Fortune' or the 'Company') (www.fortuneminerals.com) is pleased to provide an update on the progress of its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada ('NICO Project'). The NICO Project is a development stage primary cobalt asset consisting of a planned mine, mill and concentrator in the Northwe...Read More

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Luis Canepari, Goldcorp's vice president, technology, reflects on this year's #DisruptMining competition and shares what he'd like to see next year.Read full newsRead More

Centenera Mining Corporation ("Centenera" or the "Company") - (TSXV:CT) (OTCQB:CTMIF) announces a non-brokered private placement (the 'Financing') of up to 16,666,667 Units priced at $0.18 per Unit to raise aggregate gross proceeds of up to $3.0 million.Read full newsRead More

Stakeholder Gold Corp. (TSXV:SRC) ('Stakeholder Gold' or the 'Company') is pleased to announce further assay and geochemical results confirming the discovery of the new 'Trail Hill' Midas-style gold-silver zone in its first core drill hole on the Goldstorm property in Nevada.Read full newsRead More

Signature Resources Ltd. (TSXV:SGU) (OTCQB:SGGTF) ('Signature' or the 'Company') announces that the airborne survey of its Lingman lake property has been completed. The airborne survey conducted by Teraquest Ltd. consisted of the acquisition of data using high resolution magnetics and digital matrix VLF EM. 2,270 line kilometers were flown covering the majority of Signature's 9...Read More

Wallbridge Mining Company Limited (TSX:WM, FWB:WC7) ('Wallbridge' or the 'Company') is pleased to announce that that it has entered into a US$8 million secured bridge loan (the 'Bridge Loan') with Auramet International LLC ('Auramet') to finance the 35,000-tonne bulk sample program (the 'Bulk Sample') at its 100%-owned Fenelon Gold property in Queb...Read More

It's not a big deal; only around $350m, but the Oz Minerals bid for Avanco Resources is another sign that quality assets can command a premium in a copper market hungry for new supply.Glencore owns 8% which sets up the tantalizing, albeit slim, prospect of a counter offer from the world's number three copper producerOz Minerals' cash and shares offer on Tuesday was made at a 121% premium to the ru...Read More

By Tom Henry and Michael ShermanThe California State Mining and Geology Board ("Board") recently took its first step to revise California's backfill regulation that applies to the reclamation of open pit metallic mineral mines. On December 14, 2017, the Board voted to review the backfill regulation after hearing public comments as to why the regulation has increased, rather than reduced, environ...Read More

Canada's Copper Mountain Mining (TSX: CMMC) has obtained shareholder approval for its planned acquisition of Australian junior Altona Mining (ASX:AOH) in a deal worth A$93 million, or about $71m at today's rates.Under the agreement, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a 41.7% premium based on closing prices at the time of both companies first...Read More

GABORONE, March 27 (Reuters) - Botswana's Debswana Diamond Mining said on Tuesday production jumped 11 percent to a three year high in 2017 and it expects growth this year as lower taxes in the United States leave consumers with more to spend on luxury goods.Debswana, a joint venture between De Beers and the southern African country's government, said annual production rose to 22.2 million carats...Read More

Vedanta, the London-listed natural resources company controlled by one of India's richest men, said Tuesday it was shutting its copper smelting operations in the south of the country, for a 15-day planned maintenance.The halt, originally scheduled for April, comes amid local media reports of massive protests around the smelter and even in front of the home of Vedanta's chief executive Anil Agarwal...Read More

Mr. Claude Dufresne reportsNIOBAY METALS ANNOUNCES PRIVATE PLACEMENT WITH OSISKO GOLD ROYALTIESOsisko Gold Royalties Ltd. has agreed to purchase, by way of a private placement, nine million common shares of Niobay Metals Inc. at a price of 26 cents per share for proceeds of $2.34-million.The financing is expected to close on or about March 28, 2018, following which Osisko will own approximately 19...Read More

Mr. Derek White reportsASCOT RESOURCES ANNOUNCES CHANGE TO ITS FISCAL YEAR-ENDAscot Resources Ltd. is changing its fiscal year-end to Dec. 31, from its current fiscal year-end of March 31. The notice for the year-end change required under National Instrument 51-102 has been filed under the company's profile on SEDAR.Ascot believes this will better align the company's financial reporting periods to...Read More

(Kitco News) - This could be a good time to invest in gold as the risk to the precious metal’s prices is “firmly” to the upside, according to Capital Economics.Gold stands to benefit greatly from any escalation in trade war fears, as an increase in tensions will lead to investors selling riskier assets and buying safe-haven options, said Capital Economics’ commodities econo...Read More

Mar 28, 2018 Guest(s): Phillip Streible Senior Market Strategist, RJO Futures Silver has been lagging behind gold in terms of growth in the last year, but one analyst said that now may be a good time to buy into silver. According to Phil Streible, senior market strategist at RJO Futures, a gold-silver ratio above 80 signals a strong buy for silver. The gold-silver ratio was last at 80.43 at the...Read More

Now for the second day in a row, gold continues to trade under pressure. Although yesterday’s price action contained a higher high then Monday, gold fell under pressure to close $11 lower on the day. Dollar strength and selling pressure not only continued but also accelerated today with gold losing 1.38% of value.As of 3:49 PM Eastern standard time, gold futures (April futures contract) are...Read More

(Kitco News)- While thegold market continues to build bullish momentum, the market still needs one keyingredient that will ultimately drive gold prices through $1,400 an ounce,according to one investment firm.In a recenttelephone interview with Kitco News, Maxwell Gold, head of investment strategyat ETF Securities, said that the market needs to see a resurgence of physicaldemand both in North Amer...Read More

Mr. Claude Dufresne reportsNIOBAY METALS ANNOUNCES PRIVATE PLACEMENT WITH OSISKO GOLD ROYALTIESOsisko Gold Royalties Ltd. has agreed to purchase, by way of a private placement, nine million common shares of Niobay Metals Inc. at a price of 26 cents per share for proceeds of $2.34-million.The financing is expected to close on or about March 28, 2018, following which Osisko will own approximately 19...Read More

U.S. Economic Growth Revised Higher to 2.9% in 4QThe U.S. economy grew in the fourth quarter at a faster pace than last estimated, helped by an upward revision to household spending on services and a smaller drag from inventories, according to Commerce Department data released Wednesday.Highlights of Fourth-Quarter GDP (Third Estimate)Gross domestic product grew at a 2.9% annualized rate, (est. 2....Read More