Recent News

MinRes to lean heavily on light rail

April 11, 2018 / www.mining-journal.com

Can a light railway system work successfully in a heavy, bulk commodity business such as iron ore?Tim Treadgold Economics of MinRes' BOSS not yet clear11 APRIL 201811/04/2018commentsshare In a nutshell, that's the critical question behind the proposed A$280 million (US$217 million) merger of two Australian companies which have ore in the ground that needs a cheaper transport solution.Read More

MINOR METALS MARKET REPORT 11/04: Selenium price rises on healthy demand; indium edges up

April 11, 2018 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.Read More

Top 5 Worst-Performing Base Metals Stocks in Canada

April 11, 2018 / smallcappower.com

The Canadian base metals stocks on our list have suffered severe YTD price declinesSmallCapPower | April 11, 2018: Many base metals have seen significant decreases from their peaks earlier this year, with copper declining 6% YTD, and zinc and lead declining 5% and 6%, respectively. The Canadian base metals stocks on our list today have had an average YTD decline of 44%, and that trend appears to b...Read More

Huayou Cobalt, LG Chem to increase Li-ion battery materials supply with JVs

April 11, 2018 / www.metalbulletin.com

Huayou New Energy, a full subsidiary of Huayou Cobalt, and LG Chem will invest in two joint ventures in Quzhou and Wuxi, China, respectively, to produce lithium-ion battery materials, according to a statement filed on the Shanghai Stock Exchange on Tuesday April 10.With a total investment of $159 million, Huajin New Energy Materials Co., Ltd will be located in Quzhou, Zhejiang province, and will b...Read More

Pure Gold drilling returns 28.2 g/t gold over 7 metres at Madsen

April 11, 2018 / resourceworld.com

Madsen Project portal and ramp entrance. Source: Pure Gold Mining Inc.Pure Gold Mining Inc. [PGM-TSXV] on Wednesday April 11 said drilling continues to reinforce the current resource and expand the mineralized zones at its 100%-owned Madsen Gold Project in Red Lake, northern Ontario.Investors reacted to the news, sending Pure Gold shares up 4.5% or $0.03 to 69 cents on active volume of 908,931.Rec...Read More

If Canada has a plan to save Trans Mountain, cabinet isn't saying

April 11, 2018 / www.canadianinvestor.com

OTTAWA - The Trudeau government held an emergency cabinet meeting Tuesday aimed at salvaging the Trans Mountain pipeline expansion but did not come up with plan - at least not one ministers are prepared to talk about yet.Hours earlier, Alberta Premier Rachel Notley upped the ante, saying Alberta is not only prepared to invest in the pipeline, it is prepared to take it over entirely if need be....Read More

$80 Oil is in Sight

April 11, 2018 / www.energyandcapital.com

When he's right, he's right.Yesterday, Christian DeHaemer laid out one of the best cases for why you should be tapping into the oil sector right now.It's simple, really.As my cubicle cellmate pointed out, the fundamentals are too good to ignore. It's only a matter of time before global crude demand tops 100 million barrels per day, and that psychological benchmark could come as early as 2019.If no...Read More

DAILY SCRAP REPORT: Turkish mills resume May bookings

April 11, 2018 / www.metalbulletin.com

Turkish steel mills resumed their deep-sea scrap purchases on Wednesday April 11, with slightly lower prices from Baltic Sea suppliers.A steel producer in the Izmir region booked a Baltic Sea cargo, comprising HMS 1&2 (80:20) at $352 per tonne and bonus at $362 per tonne cfr on Wednesday.The supplier said that they are still discussing the tonnages with the mill, but the cargo was scheduled for th...Read More

West Red Lake Gold Mines Inc. (CSE: RLG, FWB: HYK, OTCQB: RLGMF): Focused on High-Grade Gold Exploration and Development in Canada's Prolific Red Lake Gold District, Interview with John Kontak, President

April 11, 2018 / www.metalsnews.com

West Red Lake Gold Mines Inc. (CSE: RLG, FWB: HYK, OTCQB: RLGMF) is based in Toronto and focused on gold exploration and development, in the prolific Red Lake Gold District of Northwestern Ontario, Canada. The Red Lake Gold District is host to some of the richest gold deposits in the world and has produced nearly 30 million ounces of gold, from high grade zones, including 18 million ounces from th...Read More

SilverCrest Continues to Expand High?EUR?Grade Footprint for Babicanora Vein; 4.0 metres at 22.83 gpt Au and 1,718.8 gpt Ag, or 3,431 gpt AgEq

April 11, 2018 / resourceworld.com

All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada.Drill holes BA18?EUR?66, 67, 69, 71, 73, 76, 78, 79, and 80 intercepted anomalous mineralization, but are below the Company's 150 gpt AgEq cutoff. Holes BA18?EUR?68, 70, 77, and 81 intercepted grades greater than 1,000 gpt AgEq, consisting of acanthite, argentite, electrum, native silver and visible gold...Read More

(TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF); Update NI 43-101 Technical Report on Optioned Claims Covering the Tr-Ue Vein Adjacent to the Gold Road Mine

April 11, 2018 / www.investorideas.com

Vancouver, British Columbia - April 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that an NI 43-101 Technical Report entitled "2018 Technical Report on the Oatman Gold District Properties" dated April 10, 2018 and authored by James R. Guilinger, a Qualified Person under NI 43-1...Read More

Predictive Discovery Limited (ASX: PDI): A Prospect Generator Focusing on Gold Exploration in West Africa, Interview with Paul Roberts, Managing Director

April 11, 2018 / www.metalsnews.com

Predictive Discovery Limited (ASX: PDI) is a prospect generator, focusing principally on exploration for gold in West Africa, with one additional project for gold in Australia. The company has a distinctive technological capability, known as Predictore (R),that sets it apart from its peers. We learned from Paul Roberts, Managing Director of Predictive Discovery, that the company is currently opera...Read More

Advance Gold (TSXV: AAX) Recovers High-Grade Silver from Underground Sampling And Starts Drilling at Tabasquena Silver Mine In Ojocaliente, Mexico

April 11, 2018 / www.investorideas.com

Vancouver, British Columbia - April 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Advance Gold Corp. (TSXV: AAX) ("Advance" or "the Company") is pleased to announce promising underground sampling results from its Tabasquena Silver Mine, in Ojocaliente, Mexico. Follow up drilling is now underway, with a first phase, which will be 500 metres of core drilling on two holes of 250 metres each....Read More

Capital preferred by Resolute

April 11, 2018 / www.mining-journal.com

Africa-focused drilling services firm Capital Drilling (LN:CAPD) has converted a short-term deal for Resolute Mining's (AU:RSG) Mali operations into a three-year contract, continuing a refocus for the group away from operations in Tanzania where miners are currently struggling with government relationships.A three-year deal with Resolute Mining in Mali is helping Capital Drilling diversify away fr...Read More

Responsible Mining Index 2018 highlights leading practices, and shows what is still to be done by large-scale mining companies

April 11, 2018 / www.investorideas.com

April 11, 2018 (Investorideas.com Newswire) The Responsible Mining Index 2018, covering companies that produce 25% of all mined commodities globally, is launched in Geneva, Switzerland today. Among the key findings are:The vast majority of the assessed mining companies show responsible policies or practices on several economic, environmental, social and governance (EESG) issues. However, very few...Read More

EMX (TSXV: EMX) (NYSE: EMX) Executes Agreement to Sell Two Nickel-Copper-Cobalt Projects in Swedento Boreal Energy Metals

April 11, 2018 / www.investorideas.com

Vancouver, British Columbia - April 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) EMX Royalty Corporation (TSXV: EMX) (NYSE: EMX) (the "Company" or "EMX") is pleased to announce the execution of a purchase agreement (the "Agreement") for the Njuggtr??skliden and Mj??vattnet nickel-copper-cobalt projects in Sweden (the "Projects"), the latest of a series of transactions with Boreal Energy...Read More

Whittle cuts an iconic figure

April 11, 2018 / www.mining-journal.com

At a Society for Mining, Metallurgy & Exploration (SME) event nearly 40 years ago an American mining engineer told an incredulous computer programmer and one-time physicist from Melbourne his mine optimisation software wasn't going to cut it - certainly not in the US of A. "My granddaddy showed me how to mine, and that's good enough for me," Jeff Whittle this week recalled hearing all those years...Read More

LIVE FUTURES REPORT 11/04: Comex copper rally short-lived

April 11, 2018 / www.metalbulletin.com

Comex copper prices failed to maintain momentum on Wednesday April 11 morning in the US, with the recent gains prompting a round of technical selling amid continued global unrest.Copper for May settlement on the Comex division of the New York Mercantile Exchange dipped 0.95 cents or 0.3% to $3.1275 per lb, after the contract hit a three-week high yesterday."The LME copper price is consolidating we...Read More

B2Gold (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) Reports Record First Quarter Gold Production and Revenue in 2018; Quarterly Gold Production Increase of 81% to 240,000 Ounces and Revenues More than Double to $344 Million

April 11, 2018 / www.investorideas.com

Vancouver, British Columbia - April 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce its gold production and gold revenue for the first quarter of 2018. All dollar figures are in United States dollars unless otherwise indicated.First Quarter 2018 HighlightsRecord quarterly consolidated...Read More

Gold Seeker Closing Report: Gold and Silver Gain with Oil While Stocks Fall

April 11, 2018 / news.goldseek.com

 CloseGain/LossGold $1351.10+$10.40Silver$16.66+$0.08XAU83.69+2.14%HUI182.93+3.23%GDM635.47+2.36%JSE Gold1118.09+28.31USD89.56-0.06Euro123.64+0.07Yen93.61+0.37Oil$66.82+$1.3110-Year2.780%-0.013T-Bond146.28125+0.34375Dow24189.45-0.90%Nasdaq7069.03-0.36%S&P2642.19-0.55%  The Metals: Gold gained $24.40 to as high as $1365.10 in late morning New York trade before it fell back u...Read More

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