Recent News

Developer of lithium project in Canada placed in trading halt in Australia

April 16, 2018 / www.mining.com

The developer of the Authier Lithium Project in Quebec, Sayona Mining Ltd (ASX:SYA), requested the Australia Stock Exchange to place its securities in trading halt pending the release of an announcement by management."Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 18 April 2018 or when the announcement...Read More

Australian miner sells nickel tenements for $1.55 million

April 16, 2018 / www.mining.com

Norwood-based Minotaur Exploration (ASX: MEP) announced today that it has signed a binding agreement with a company interested in buying its nickel tenements E36/899, E37/909 and E36/936 located south-east of Leinster in Western Australia. A corporate a press release reveals that, under the terms of the Tenement Sale Agreement, the exploration company should receive A$50,000 in cash and paid upfro...Read More

Authorities bring down illegal mining site in the Peruvian Amazon

April 16, 2018 / www.mining.com

Officials from Peru's National Police Force and the National Prosecutor's Office dismantled an illegal mining site in an area known as La Pampa in the southeastern Madre de Dios region.In a statement issued by the Interior Ministry, the officials explained that they burned nine engines and 10 boats, as well as sized 10 hoppers, 200 metres of PVC pipes, 300 gallons of fuel and six motorbikes. They...Read More

Cobalt Firm Says Chinese Car Companies Keen to Secure Supplies (Bloomberg News - April 16, 2018)

April 16, 2018 / republicofmining.com

https://www.bloomberg.com/Cobalt 27 Capital Corp., owner of the world's largest private stockpile of cobalt, said it is in talks for potential tie-ups with major Chinese companies seeking to secure supplies of the key metal in batteries powering electric vehicles.Car and battery makers from China have approached Cobalt 27 to discuss long-term partnerships and supply contracts, Anthony Milewski, ch...Read More

These Metals May Become Obsolete Thanks To Electric Cars

April 16, 2018 / www.kitco.com

Apr 17, 2018 Guest(s): Bodo Albrecht Founder, BASIQ The electrification of the automotive industry may curtail demand for precious and base metals, specifically those metals used as catalytic converters in today's petroleum engines like rhodium, platinum, and palladium, said Bodo Albrecht, founder of the BASIQ Corporation and president of the IPMI. "Battery electric vehicles do not require preci...Read More

'Ignorance' blocking renewables take-up

April 16, 2018 / www.mining-journal.com

It won't be a shock for readers to hear miners are sticking with what they know works when building power plants at off-grid mines. But even as the majors spruik clean energy approaches and have managed to significantly cut water usage and power usage, operations still largely use heavy fuel oil, diesel plants, natural gas and coal-fired power stations for power. Sandfire's A$40m solar project...Read More

The Empire Strikes Back, Part 3: "Big Meat" Tries To Define Away The Competition

April 16, 2018 / dollarcollapse.com

Silicon Valley is pouring venture capital into startups that use cultured animal cells to grow meat. The hope (now backed with hundreds of millions of dollars) is that they'll someday replace corn fields, feedlots and slaughterhouses with football-field sized vats from which an entire city's hamburgers and chicken nuggets emerge sans animal suffering or land degradation. Most people would probably...Read More

Ascot Resources Ltd: (TSX.V: AOT): A Near-Term Producer, High-Grade Gold, Advanced Exploration Project with Large Upside Potential in the Golden Triangle of BC. Interview with Derek White, President and CEO

April 16, 2018 / www.metalsnews.com

Ascot Resources Ltd (TSX.V: AOT) is a focused gold and silver explorer and near-term producer in Northern British Columbia, with a portfolio of advanced and grassroots projects in the Golden Triangle region. Ascot's flagship Premier Project is a near-term, high-grade, advanced exploration project with large upside potential and a historic mine. We learned from Derek White, President and CEO of Asc...Read More

The Empire Strikes Back, Part 3: "Big Meat" Tries To Define Away The Competition

April 16, 2018 / dollarcollapse.com

Silicon Valley is pouring venture capital into startups that use cultured animal cells to grow meat. The hope (now backed with hundreds of millions of dollars) is that they'll someday replace corn fields, feedlots and slaughterhouses with football-field sized vats from which an entire city's hamburgers and chicken nuggets emerge sans animal suffering or land degradation. Most people would probably...Read More

Added: Blackstone Minerals

April 16, 2018 / www.goldstockdata.com

Chart NotAvailableSymbol DataSymbolCurrencyASX:BSXAUDDescriptionBlackstone Minerals are a junior, project generator looking for goldLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial04/16/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$38.00M$38.74M04/16/2018$0.74MTotal Assets:$11.68M$11.65M04/16...Read More

Schiff: Calm Before the Storm...

April 16, 2018 / marketsanity.com

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More

Charles Hugh Smith discusses the disastrous neocon/neoliberal US foreign policy

April 16, 2018 / marketsanity.com

"V" interviews returning guest Charles Hugh Smith editor and owner of the Of Two Minds Blog. "V" and Charles discuss the current challenge to control the narrative in the middle-east, the balance of trade between countries and epic failures of the economic system.Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-te...Read More

False flags are real - US has a long history of lying to start wars

April 16, 2018 / marketsanity.com

"could be used in a deception operation designed to confuse enemy planes in the air, to launch a surprise attack against enemy installations or in a provocation Continue...Read More

Facebook explains how it can collect info about you even if you never post on Facebook

April 16, 2018 / marketsanity.com

Many websites and apps use Facebook services to make their content and ads more engaging and relevant. These services include:Continue...Read More

Cobalt prices consolidate gains, hand-to-mouth buying dominates

April 16, 2018 / www.metalbulletin.com

Cobalt metal prices consolidated their recent gains last week, supported by a steady run of smaller inquiries, albeit at a slower pace than in recent weeks. Metal Bulletin assessed low-grade cobalt prices at $43.50-44.25 per lb, in-warehouse, on Wednesday April 11, up from $43.25-44.25 per lb at the end of the prior week. Meanwhile, high-grade cobalt metal prices rose to $43.50-44.50 per lb, in-wa...Read More

Michael Pento: The Acronym of 2008 is Sounding Another Alarm

April 16, 2018 / marketsanity.com

Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More

Alrosa switches to cheaper fuel sources to cut operating expenses

April 16, 2018 / www.miningweekly.com

JOHANNESBURG (miningweekly.com) – The conversion of boiler houses and power plants to alternative fuels is expected to reduce the operating expenses of Russian miner Alrosa by about 5.3-billion roubles over the next ten years.In an update on Monday, Alrosa said that it would build a gas boiler-house in Almazny settlement in the Mirny district of Yakutia and that it would modify the diesel po...Read More

Gitanjali Loses Sightholder Status

April 16, 2018 / www.diamonds.net

RAPAPORT... De Beers has terminated the sightholder status of Gitanjali Gems following fraud allegations against the Indian jeweler's managing director,Mehul Choksi. De Beers took the decision in February, meaning Gitanjalican no longer make any purchases from the company, a spokesperson for the roughproducer confirmed in a statement to Rapaport News Monday. "De Beers has introduced more rigorous...Read More

'Ignorance' blocking renewables take-up

April 16, 2018 / www.mining-journal.com

There are few enough examples of more sustainable and lower-opex renewable installations for them to be news, like the new solar array part-powering IAMGold's Essakane mine in Burkina Faso, the 10 megawatt peak solar and lithium-battery system at Sandfire Resources' DeGrussa mine in Western Australia, or the wind and hydrogen fuel cell storage setup Glencore's at Raglan mine in Quebec.Read More

Electric Cars: Precious Metals' New Best Friend

April 16, 2018 / www.kitco.com

Apr 18, 2018 Guest(s): Johann Wiebe Lead Metals Analyst, Thomson Reuters GFMS Precious metals, including silver and gold, are clear winners in the electrification of vehicles, said Johann Wiebe, lead metals analyst at Thomson Reuters. "We see a strong demand there [for silver] from the automotive sector using electrical applications in the various arrays in cars," Wiebe told Kitco News on the si...Read More

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