Recent News

Acacia Mining hits back at parent Barrick in Tanzania row

May 09, 2019 / www.mining.com

Acacia Mining on Thursday hit back at parent company Barrick Gold Corp's allegation the miner was an obstacle to solving a long-running tax row in Tanzania.Barrick CEO Mark Bristow said in a results presentation on Wednesday that Acacia was not cooperating, prompting Acacia to demand clarification from Barrick.Acacia's interim Chief Executive Officer Peter Geleta said in an interview that Acacia...Read More

Hong Kong exchange to launch dollar-denominated mini contracts for base metals

May 06, 2019 / www.mining.com

The Hong Kong Futures Exchange (HKEX) plans to launch dollar-denominated mini contracts for six base metals in the coming months, the head of market development at the London Metal Exchange (LME) said on Monday. The standardised monthly futures contracts will reference LME prices and are being launched to "broaden access in the region for LME priced contracts", Robin Martin told an industry event...Read More

. @IvanhoeMines_ Founder and Co-Executive Chairman Robert Friedland joins us at Mining Journal Select to provide hi...

May 03, 2019 / twitter.com

". @IvanhoeMines_ Founder and Co-Executive Chairman Robert Friedland joins us at Mining Journal Select to provide his insights on the key issues facing the mining industry today. #MJS #MJSelect #Mining #MiningInvestment"Read full newsRead More

According to @Junior_Stock, FPX Nickel offers "the best bang for your buck in terms of #nickel juniors out there."

May 02, 2019 / twitter.com

"Sell in May and Go Away? My thoughts on the current market. Plus some commentary on 5 companies that I have been buying over the last couple of weeks. https://t.co/LtpOUA9bdZ"Read full newsRead More

Canada's uranium and nickel stocks shine

May 03, 2019

Nickel mining stocks were boosted this week by positive reports on demand for the metal and a major deal that takes a Canada nickel mining company into uncharted territory.   Pure Nickel (TSXV: NIC) took a big step to diversifying its portfolio and focus this week in a deal that sees it become the majority developer of an Idaho gold project. In a complex all-share agreement with junior mini...Read More

China's CATL starts mass production of high #nickel 811 batteries

May 01, 2019 / ca.news.yahoo.com

The so-called NCM 811 battery, which contains 80 percent nickel, 10 percent cobalt and 10 percent manganese, has a longer lifespan and allows electric vehicles to go further on a single charge, a key point of EV performance.Read full newsRead More

BMO report today noting the ongoing shift to higher quality in Chinese stainless steel production with higher...

April 30, 2019 / twitter.com

"BMO report today noting the ongoing shift to higher quality in Chinese stainless steel production with higher #nickel content"Read full newsRead More

Pure Nickel up 200% on Eric Sprott deal

April 30, 2019 / resourceworld.com

The Neal Project in Idaho, USA. Source: Pure Nickel Inc.Pure Nickel Inc. [NIC-TSXV; PNCKF-OTC] said Tuesday April 30 that it has signed a deal with a numbered company controlled by Eric Sprott that outlines the arm's length terms for the acquisition by Pure Nickel of a 51% interest in the Neal Development Ltd. Partnership from Sprott Mining, and the option to acquire an additional 27% of the Neal...Read More

NexGen begins Rook I environmental assessment

April 29, 2019 / www.mining.com

Vancouver-based NexGen Energy says the Rook I project description has been accepted by the Canadian Nuclear Safety Commission (CNSC) and the Saskatchewan Ministry of Environment. That clears the way for the company to begin the environmental assessment of the project.The environmental assessment will be co-ordinated among NexGen and the two governmental bodies.NexGen has also filed an initial lice...Read More

Australia's Newcrest Mining posts 8% rise in Q3 gold output

April 29, 2019 / www.mining.com

Australia's Newcrest Mining Ltd on Tuesday reported a 8 percent rise in third-quarter gold output, but was lower than the preceding quarter, hurt by lower production at its flagship Cadia mine.The country's largest independent gold miner's total gold production for the three months to March 31, came in at 623,124 ounces compared with 575,791 ounces a year ago. However, it marks a near 5 percent de...Read More

Ivanhoe to fast-track DRC mine into production after CITIC invests $454m

April 25, 2019 / www.mining.com

Ivanhoe Mines (TSX:IVN) is ready to finish building its giant copper mine in the Democratic Republic of Congo after its largest shareholder pumped an additional C$612 million (about $454m) into the Canadian company.China's state-owned CITIC Metal is paying C$3.98 per share, a premium of 29% over Ivanhoe's last closing price. The investment, the second major one in less than a year, paired with the...Read More

India's 2019 elections bode well for mining sector - report

April 26, 2019 / www.mining.com

India is currently holding its Lower House general elections and Fitch's Solutions' Country Risk team expects Prime Minister Narendra Modi's National Democratic Alliance, led by the Bharatiya Janata Party (BJP), to win the most number of seats, but fall short of a simple majority in the Lower House.Under this scenario, Fitch forecasts in its latest industry trend analysis, India's mining sector wo...Read More

Mining stocks lifted by reports predicting more M&A news

April 26, 2019

Two upbeat repots into mining stocks in Canada put the sector firmly on investors’ radar this week, even as the gold price floundered. First quarter production figures added to the mining news flow, although these were not necessarily supportive for individual share prices. PwC’s Canada Mining paper pointed to a solid start to 2019 for mining stocks, which have already recovered most...Read More

The Future of Mining: FPX's Decar #nickel project has the potential to be a carbon neutral mine, marking a revoluti...

April 24, 2019 / twitter.com

"The Future of Mining: FPX's Decar #nickel project has the potential to be a carbon neutral mine, marking a revolutionary step for the mining industrySee page 12 of @GBReports below @eminingjournal @BRIMMinnovation https://t.co/JmfZn1k2IZ"Read full newsRead More

Lundin Mining to buy Yamana's Chapada mine in Brazil

April 17, 2019 / www.northernminer.com

Lundin Mining's (TSX: LUN; NASDAQ: LUMI) proposed acquisition of Yamana Gold's (TSX: YRI; NYSE: AUY) Chapada copper-gold mine in Brazil for US$800 million in cash will boost its copper production over 25% per year, and add 100,000 oz. gold to annual production.The open-pit operation in Goias state could produce 54,500 tonnes copper (120.2 million lb.) and 100,000 oz. gold this year, at co-product...Read More

Agnico Eagle forecasts record production in 2019

April 18, 2019 / www.northernminer.com

Agnico Eagle Mines (TSX: AEM; NYSE: AEM) forecasts record production this year, with the start of two gold mines at Meliadine and Amaruq in Canada's Arctic.With the output from the new mines, the company forecasts total gold production of 1.75 million ounces in 2019. That number could rise to 2 million oz. in 2020 and 2.05 million oz. in 2021, the company says.Agnico's growing production platform...Read More

Congratulations to @NewGoldInc on receipt of federal approval for Blackwater, a bulk tonnage, open-pit mining proje...

April 16, 2019 / twitter.com

"Congratulations to @NewGoldInc on receipt of federal approval for Blackwater, a bulk tonnage, open-pit mining project in central British Columbia https://t.co/fxbiyf9Qnx"Read full newsRead More

One of world's largest diamond mines gets 10-year life extension

April 22, 2019 / www.mining.com

Russia's Alrosa, the world's top diamond producer by output, is extending the life of its Aikhal mine to 2044 by digging deeper into the ground, in a project estimated to cost about RUB 10 billion ($16m).The 300 metres underground extension, the company said, will add almost 20 million carats to the raw material base of the Aikhal mining and processing division, allowing it to keep annual outpu...Read More

News and Analysis Highlights Mining Stocks' 2019 Potential

April 19, 2019

Unexpectedly strong Chinese economic data gave mining stocks a boost this week, while analysts continued to advocate for junior gold companies despite a reverse for the yellow metal.   Figures showing that China’s economy continued to expand at breakneck pace in the first quarter despite its trade war with the US came as analysts at Barclays Bank produced a particularly bullish report...Read More

Aztec identifies 11 porphyry targets at Cervantes

April 16, 2019 / www.mining.com

Aztec Minerals (TSXV: AZT) recently flew a magnetic and radiometric survey over its Cervantes copper-gold project in Sonora, Mexico, that identified 11 porphyry targets. Follow up work by the company will initially target four main targets: California, Estrella, California North and Purisima East.The survey supports the company's belief that the project contains multiple porphyry cells along a nor...Read More

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