The northern Argentinian provinces of Jujuy, Salta and Catamarca decided to join forces in a "lithium board" whose main objective would be to establish and enforce a regulatory framework that should be observed by mining companies.Among other things, the board would establish best practices in terms of environmental impact monitoring, water-quality tests and toxic waste management, as well as rede...Read More
In late March, Vancouver-based North Arrow Minerals (TSXV:NAR) reported additional diamond results from Q1-4 kimberlite Naujaat Diamond Project, located 9 kilometres north of Naujaat in Nunavut's Melville Peninsula."The samples were composited from drill core in the field based on observed lithological units and submitted for processing using a combined dense media separation / caustic fusion proc...Read More
Artisanal gold miners in the Niger state of Nigeria are asking the Muhammadu Buhari government to help them operate under conditions that allow them to take better care of the environment and contribute to the local economy.In an interview with the News Agency of Nigeria, the Chairman of the Association of Gold Miners in the Chanchaga Local Government, Michael Abida, said that his group has asked...Read More
VANCOUVER, British Columbia, March22, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling continues to expand gold mineralization within the newly discovered Wedge Target,... | mars 22,2018Read full newsRead More
VANCOUVER, British Columbia, March22, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling continues to expand gold mineralization within the newly discovered Wedge Target,... | mars 22,2018Read full newsRead More
Toronto-based Nautilus Minerals Inc. has announced that its newbuild deep sea mining production support vessel has been launched at the Mawei shipyard in China. The vessel, named Nautilus New Era, will be used by Nautilus and its partner, Eda Kopa (Solwara) Limited, to mine for gold and copper at the Solwara 1 Project site in the ...Read full newsRead More
HELENA, Mont. (AP) - U.S. government officials are moving forward with a plan to block new gold mining claims in the mountains north of Yellowstone National Park with Thursday's releaseRead full newsRead More
TORONTO, March 29- Canada's Eldorado Gold Corp filed a new technical report for its contentious Skouries gold mine project in Greece on Thursday, which said itRead full newsRead More
VANCOUVER, British Columbia, March22, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling continues to expand gold mineralization within the newly discovered Wedge Target,... | mars 22,2018Read full newsRead More
March 20--View CommentsA gold mining company is donating $275,000 to help build a vocational and technical education center for Cripple Creek-Victor School District RE-1.The need is very evident,... | mars 21,2018Read full newsRead More
Indonesian coal miner Bumi Resources estimates a 10 percent rise in production volumes this year from 84 million tonnes in 2017, its director said on Friday, after reporting a record profit last year.Bumi booked a net profit of $373.3 million in 2017, a 451 percent jump from the previous year, said Bumi director Dileep Srivastava.He cited favorable coal prices and sharp control over costs as reaso...Read More
Vedanta Ltd (NSE:VEDL), the Indian unit of diversified mining group Vedanta Resources plc, said it had won in an auction to acquire bankrupt Electrosteel Steels Ltd.The transaction, financial details of which were not disclosed, is part of India's new bankruptcy law, which is aimed at cutting close to $150 billion of accumulated soured loans by pushing loan defaulter firms into insolvency.Electros...Read More
A power generator that pleaded for the Trump administration's help in bailing out struggling coal and nuclear plants has filed for bankruptcy.FirstEnergy Solutions Corp., its subsidiaries and FirstEnergy Nuclear Operating Co. listed $550 million in cash to continue operations and meet obligations to employees in a Chapter 11 filing in Federal Court in Akron, Ohio, according to a March 31 statement...Read More
Artisanal gold miners in the Niger state of Nigeria are asking the Muhammadu Buhari government to help them operate under conditions that allow them to take better care of the environment and contribute to the local economy.In an interview with the News Agency of Nigeria, the Chairman of the Association of Gold Miners in the Chanchaga Local Government, Michael Abida, said that his group has asked...Read More
In late March, Vancouver-based North Arrow Minerals (TSXV:NAR) reported additional diamond results from Q1-4 kimberlite Naujaat Diamond Project, located 9 kilometres north of Naujaat in Nunavut's Melville Peninsula."The samples were composited from drill core in the field based on observed lithological units and submitted for processing using a combined dense media separation / caustic fusion proc...Read More
President Trump wants to start executing drug dealers...In order to fight the ongoing opioid crisis - which kills tens of thousands of Americans annually - Trump has threatened to start actively killing the people providing the drugs."Some countries have a very, very tough penalty. The ultimate penalty," Trump said last month. "And, by the way, they have much less of a drug problem than we do. So...Read More
(Kitco News) - After Monday’s rally, gold prices still have more upside and could soon be testing $1,360 an ounce, TD Securities said in a report.“Flat curve, waning yields and equity angst suggest upside remains for gold,” the bank’s head of commodity strategy Bart Melek wrote on Monday.Gold prices saw a significant jump on Monday amid a major equities’ selloff, risi...Read More
I know a thing or two about profiting from battery metals.Back in 2015 - before "lithium mania" hit - I got readers into a little lithium junior for C$0.15.That company, Lithium X, was just acquired by a Chinese firm for C$2.61 - a return of as much as 1,640% on our money.The next year, when lithium started making mainstream headlines, we got Millennial Lithium (TSX-V: ML) at C$0.65. Those shares...Read More
(Kitco News) - Goldis likely to be bolstered by a falling U.S. dollar,which is under pressure despite rising bond yields, according to a U.K.-basedresearch firm.Gold rallied Monday in part because of a weakened U.S.dollar. June gold futures settled the day at $1,346.9, up 1.5% on the day.In a recent report, analysts at CrossBorder Capital saidthat a growing U.S. government deficit is likely to req...Read More
According to the Oxford dictionary, a trade war is “a situation in which countries try to damage each other's trade, typically by the imposition of tariffs or quota restrictions.”The tariffs imposed by President Trump on steel and aluminum imports and the response by the Chinese government of tariffs to be levied on U.S. goods is an exact match to the definition of a trade war. Whateve...Read More