Chile's environmental authority - SMA - has ordered the definitive closure of Barrick Gold's (TSX, NYSE:ABX) already halted Pascua-Lama project, but lowered the fine for violations to 7 billion pesos ($11.5 million) from the previous $16 million it had charged the company."Given the nature and the size of the breaches that the company committed, there is the conviction that total and definitive...Read More
Rio Tinto-controlled Turquoise Hill (TSX, NYSE:TRQ) has declared force majeure at its massive Oyu Tolgoi copper and gold mine in Mongolia, following protests by Chinese coal haulers that have interrupted shipments near the border.In a note released Wednesday night, the Vancouver-based miner said that earlier this month protestors used a large number of vehicles to block the main access road...Read More
Canada's Torex Gold Resources (TSX: TXG) announced this week that a team of unionized employees and management has been gradually restarting priority areas of its El Lim??n-Guajes mine, located in the state of Guerrero and one of the richest open-pit gold deposits in Mexico.In an official statement, the Toronto-based miner said that more employees will be called back as additional sections of the...Read More
http://www.mining.com/Wood Mackenzie sees copper demand increasing significatively over global supply in the next decade and, together with it, miners' need for reliable sources of water."As constant and high demand for copper leads to resources running out, copper grades will progressively diminish. As a result, water demand will increase because it will be necessary to process more material to o...Read More
Boreal Metals (TSX-V: BMX / Frankfurt: 03E) is a base & precious metals explorer in Scandinavia that is making a major push into the key green energy tech metal Cobalt ("Co"). The management team & Board have a remarkable amount of experience for a company with a market cap of $17 M plus ~$3 M in cash. [~52 M shares outstanding]In addition to 4 projects with exploration poten...Read More
Boreal Metals (TSX-V: BMX / Frankfurt: 03E) is a base & precious metals explorer in Scandinavia that is making a major push into the key green energy tech metal Cobalt ("Co"). The management team & Board have a remarkable amount of experience for a company with a market cap of $17 M plus ~$3 M in cash. [~52 M shares outstanding]In addition to 4 projects with exploration poten...Read More
Click Here to Watch the VideoDuring these unprecedented times of regular market highs due to quantitative easing and tax reform, demographics still play a role. Hear the full story from Harry Dent in the video.Click Here to Watch the VideoHarry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he ded...Read More
Ellis Martin chats with David Morgan as he looks ahead to the precious metals market for 2018.David Morgan is a world-renown precious metals aficionado. He is the creator of the Silver-Investor.com website and The Morgan Report, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynam...Read More
Donald Trump threw out the rule book - or didn't read it - when he entered the oval office, and he's changed the way America looks at the Presidency. Former US presidential candidate Ron Paul discusses with the Newsmakers.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers...Read More
"If we were only to shrink our balance sheet by ceasing reinvestments, it would probably take-to get back to levels of reserve balances that we had before the crisis-I'm not sure we will go that low, but we've said that we will try to shrink our balance sheet to the lowest levels consistentContinue...Read More
Mexico's Ministry of Economy has removed definitive countervailing duties on certain imports of graphite electrodes from China and the United Kingdom, according to the International Rebar Producers & Exporters Association (Irepas).Effective immediately, Mexico will not apply duties to graphite electrode imports from China or the UK, Irepas said on Wednesday January 17. Mexico imposed duties as hig...Read More
Healthy profit margins sent China's crude steel output to a new high in 2017 after dropping closer to the 800-million-tonne mark in the two preceding years. The world's second-largest economy produced a total of 831.73 million tonnes of crude steel last year, according to data released by the National Bureau of Statistics (NBS) on Thursday January 18. This is up 5.7% from a year earlier, the burea...Read More
(IDEX Online) - Tiffany & Co. reported that its worldwide net sales increased 8% to $1.05 billion in the two month holiday period ended December 31, 2017 due to growth across regions and product categories, and comparable store sales rose 5%. On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S....Read More
TSX VENTURE: AVGwww.avidiangold.com Mr. Dino Titaro reports:TORONTO, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Avidian Gold Corp. (TSXV:AVG) (the "Corporation" or "Avidian") is pleased to report the results from its 2017 drilling program at the 100% owned Golden Zone project, Alaska. Highlight results include:2017 drill intersections in and within the immediate vicinity of the Breccia Pipe Deposit i...Read More
TSX: GQMwww.goldenqueen.com Mr. Thomas Clay reports:VANCOUVER, Jan. 18, 2018 /CNW/ - Golden Queen Mining Co. Ltd. (TSX:GQM | OTCQX:GQMNF) ("Golden Queen" or "the Company") today announces its operating results for December 2017, including total gold production of 2,939 ounces and revenue of US$4.1 m from its Soledad Mountain gold-silver mine (the "Mine") located south of Mojave, Califor...Read More
TSX VENTURE: ALTAwww.altamiragold.com Mr. Alan Carter reports:Vancouver, BC (FSCwire) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (USA: EQTRF), ("Altamira" or the "Company") is pleased to report that it continues to extend the strike extent of high grade mineralized structures through its recent trenching program at the Baldo East target area at the Cajueiro project located in western Braz...Read More
TSX: ORwww.osiskogr.com Mr. Sean Roosen reports:MONTREAL, QUEBEC--(Marketwired - Jan. 18, 2018) - Osisko Gold Royalties Ltd (the "Company" or "Osisko") (TSX:OR) (NYSE:OR) is pleased to announce its preliminary 2017 gold equivalent ounces ("GEOs")1.Record Gold Equivalent Ounces Earned in 2017The Company's portfolio of royalties, streams and other interests delivered a record number of GEOs during t...Read More
TSX: TMRwww.tmacresources.com Mr. Jason Neal reports: Review of Final Environmental Impact Statement and Water Licence Applications for Madrid and Boston Initiated TORONTO--(BUSINESS WIRE)--TMAC Resources Inc. ("TMAC" or the "Company") is pleased to report that another milestone has been met on the Company's path to production at Madrid and Boston. The Nunavut Impact Review Board ("NIRB") and the...Read More
TSX: OSKwww.osiskomining.com Mr. John Burzynski reports: Mineralization Continues to be Confirmed in Caribou Extension TORONTO, ONTARIO--(Marketwired - Jan. 18, 2018) - Osisko Mining Inc. (TSX:OSK) ("Osisko" or the "Corporation") is pleased to provide new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyo...Read More
TSX VENTURE: FCCwww.firstcobalt.com Mr. Trent Mell reports:TORONTO, Jan. 18, 2018 /CNW/ - First Cobalt Corp. (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) (the "Company") is pleased to announce it has commenced drilling at the Bellellen mine in the Cobalt Camp, Ontario. A total of 15 holes for 2,000 metres are planned at Bellellen to test the relationship between the disseminated style of cobalt miner...Read More