BonTerra Resources (BTR.V) is in the middle of its 70,000 meter drill program at the Gladiator deposit and five drill rigs are currently active on the project site. These five rigs will be focusing on drilling the Gladiator deposit out with a 50 meter hole spacing for a total program size of 25,000 meters, whilst BonTerra is also working on a 5,000 meter regional exploration program to define new...Read More

Copper-gold miner Newcrest has restarted mining operations at its Cadia project in Australia, two weeks after a tailings spill caused a shutdown.Processing at the Cadia complex will remain suspended yet Newcrest will stockpile the mine ore at the mine's surface until processing is able to...Read More

The Oreninc Index fell in the week ending March 23rd, 2018 to 26.70 from an updated 52.33 a week ago as financings once again dried to a trickle.The week was full of news that was generally positive for gold led by the US Federal Reserve's latest monetary policy decision that confirmed the long-expected interest rate increase, but more importantly, the Fed indicated that it will only make three ra...Read More

The recent one-day 12% drop in First Quantum Minerals Limited (TSX:FM) stock on March 20 after announcing a serious dispute with Zambian tax authorities has some stark resemblance to the predicament of Barrick Gold Corp.'s (TSX:ABX)(NYSE:ABX) subsidiary, Acacia Mining Inc., in Tanzania last year, and investors may have something to learn from these isolated events.First Quantum was slapped with...Read More

In addition to this, a labour dispute at First Quantum Minerals' (CN:FM) Cobre Panama mine in Panama has been resolved, Chile's state-owned miner Codelco has reached an agreement with workers at its Ministro Hales mine and BHP (AU:BHP) has contacted the union at Escondida for early labour negotiations.Read More

Iron ore prices recovered to $65 per tonne cfr China on Tuesday March 27 following a recovery in the futures market.Metal Bulletin's 62% Fe Iron Ore Index Today: $65.17 per tonne cfr QingdaoDaily change: up $0.84 per tonneMonth-to-date average: $70.85 per tonneMetal Bulletin's 58% Fe Premium Index Today: $52.44 per tonne cfr QingdaoDaily change: up $1.01 per tonneMonth-to-date average: $57.10 per...Read More

Canada-based Gungnir Resources (TSX-V: GUG) announced that authorities have approved a permit application to start drilling on its Knaften gold project, located in the Vasterbotten district of northern Sweden.According to the miner's website, Knaften covers Au in boulders and outcrop, as well as drill-indicated Au mineralization along a developing 10+ km long geochemical-magnetics trend in the Kna...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellThe U.S. Securities and Exchange Commission has fined Kinross Gold Corp. $950,000 for violations of the Foreign Corrupt Practices Act. (All figures are in U.S. dollars.) The SEC cites payments, some in cash, to individuals linked to governments in Mau...Read More

Barrick Gold Corp, the world's largest producer of bullion, cut the 2017 compensation for its top two executives to reflect a challengingRead full newsRead More

Two people were injured following an explosion that took place Saturday afternoon near the Fred Weber Quarry in Jefferson County, Missouri. Five people were reportedly at the mine when the incident happened. One of the miners suffered minor injuries while another had to be taken to a nearby hospital. The cause of the blast is still unknown, according to local TV station KMOV.Officials from the Min...Read More

Personnel from Mexico's Federal Attorney's Office for Environmental Protection visited the San Dimas mine to evaluate the extent of the damage caused by a cyanide spill that reached the nearby Piaxtla river.San Dimas, located in the northwestern Durango state, is owned by Canada's Primero Mining (TSX:P). The project consists of five ore blocks contained within a 22,500 hectares contiguous property...Read More

(Bloomberg) -- Aluminum is Morgan Stanley’s preferred base metal, with supply reforms in China as well as higher costs and stronger demand poised to push prices higher over the second half.The metal will average $2,114 a metric ton this year, and while prices may ease to $2,072 a ton next quarter amid continued oversupply, they’ll rise to $2,094 in the third, and reach $2,116 in the fi...Read More

Mali's economy minister Boubou Cisse was recently reported as telling a joint news conference with the International Monetary Fund that the government would negotiate with mining companies to draft a new code - but would implement a unilateral decision like the Democratic Republic of Congo if talks didn't work out."Government officials have advised the company that the minister's comments were tak...Read More

Reports started circulating yesterday that the ZRA had issued an assessment to a prominent mining company, with Jefferies analyst Christopher LaFemina noting it was a "new significant risk" if First Quantum was the miner in question.First Quantum shares were halted by IIROC yesterday after falling more than 12% to C$18.The ZRA has reportedly said items were misclassified as mining machinery which...Read More

Cobalt hit a fresh 10-year high on Thursday as the Democratic Republic of Congo government continued to make noises about deeming the battery raw material 'strategic'.Staff reporterChina Moly and its Tenke Fungurume copper-cobalt mine is one of the mine's likely to be hit by the DRC mining code changesChina Moly16 MARCH 201816/03/2018commentsshareThe LME cash price rose to US$87,250 per tonne...Read More

(Bloomberg) - The news, when it came late Friday night from a government ministry in Minsk, was grim: the ceiling of a potash mine in Belarus had collapsed more than half a kilometer underground, trapping two workers.Halfway around the world, the reaction to the headlines was swift and dramatic. Shares of some of the largest potash producers soared in New York and Toronto on speculation that the...Read More

The latest news and price moves to start the Asian day on Wednesday March 14.Lead was the strongest performer on the London Metal Exchange on Tuesday March 13, closing 2.2% higher at the 5pm close. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Early starts to the multitude of labor negotiations due at Chilean copper mines this year could mitigate the r...Read More

Ontario is helping to enhance attractions in Schreiber and Terrace Bay to attract more tourists and boost the local economies.In Terrace Bay, the province, through the Northern Ontario Heritage Fund Corporation (NOHFC), will help the municipality create a waterfront staging area that will promote access to Lake Superior, Slate Islands Provincial Park and the Trans-Canada Water Trail. This includes...Read More

   •  Jumps to fresh multi-day tops on fresh USD selling.   •  The bullish move runs out of steam on fading safe-haven demand. Having dropped to an intraday low level of $1313, gold caught some strong bids and surged to multi-day tops during the early NA session. A fresh wave of US Dollar selling emerged following the release of latest US inflation figures a...Read More

MONTR??AL, QU??BEC-(Marketwired - March 8, 2018) - Osisko Gold Royalties Ltd ("Osisko") (TSX:OR)(NYSE:OR) is pleased to announce that it has signed a term sheet (the "Term Sheet") with Victoria Gold Corp. ("Victoria") to acquire a 5% net smelter return ("NSR") royalty (the "Royalty") for C$98 million (the "Royalty Purchase") on the Dublin Gulch property (the "Property") which hosts the Eagle Gold...Read More