Mining Articles

Boreal pursues VMS discovery at Gumsberg in Sweden

March 29, 2019 / Posted Richard Quarisa

Just a few months after finishing a nine-hole, 1,600-metre drill program at its Gumsberg zinc-silver-lead project in Sweden, Boreal Metals (TSXV: BMX) has begun drilling the project again.The campaign, which began in mid-March, will see Boreal drill an additional 1,500 metres at the volcanogenic massive sulphide project (VMS) to test a variety of shallow targets. Though the company has eight base...Read More

Alexco tables PFS for Keno Hills in Yukon

March 29, 2019 / Posted Northern Miner Staff

Alexco Resource has tabled a prefeasibility study (PFS) for its wholly owned Keno Hills silver project, in Yukon, that assigns the project a $101.3-million after-tax net present value at a 5% discount-rate, and a 74% after-tax internal rate of return (IRR).It assumes a life-of-mine US$17.90 per oz. silver price.Alexco expects the underground operation would process 154,000 tonnes per year over an...Read More

Monarch Gold sells Pandora NSR to Agnico Eagle

March 29, 2019 / Posted Northern Miner Staff

The sale of a 0.5% net smelter return royalty on Monarch Gold's (TSX: MQR; US-OTC: MRQRF) Pandora property to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) monetizes a non-core asset, and reduces the cost of acquiring the McKenzie Break and Swanson properties by $800,000, the junior says.The Pandora royalty was part of the assets that Monarch acquired from Richmont Mines in October 2017, along with the...Read More

Interview with James Buskard, President, Nevada Exploration Inc. (TSX-V: NGE; OTCQB: NVDEF): Exploring for Large New Carlin-type Gold Deposits in Nevada

29/3/2019 / Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA

Nevada Exploration Inc. (TSX-V: NGE; OTCQB: NVDEF) is integrating hydrogeochemistry, with conventional exploration tools, to develop a Nevada-specific regional-scale geochemistry exploration program. Using its proprietary technology, Nevada Exploration has completed the world's largest groundwater sampling program for gold exploration, to evaluate Nevada's covered basins for new gold exploration t...Read More

Interview with Heye Daun, President and CEO of Osino Resources Corp: A New Discovery of a Very Large Gold System Next to an Established Producing Gold Mine in Namibia

29/3/2019 / Allen Alper Jr., President, Metals News Inc.

At the PDAC2019, we learned from Heye Daun, President and CEO of Osino Resources Corp. (TSXV: OSI), a gold exploration company, active in Namibia, that they are currently focused on their drill-ready Twin Hills project, which is a new discovery of a very large gold system right next to an established producing gold mine. Plans for 2019 include financing and exploration drilling at Twin Hills, with...Read More

Donald Trump's Useful Idiot

March 29, 2019 / Jason Simpkins

The Fed was already a shadowy cabal that acted on behalf of banking interests. But now it's becoming something worse - a shadowy cabal that acts on behalf of political interests.That is, the Federal Reserve, which is supposed to be independent, is being infiltrated and manipulated by politicians.Namely, President Donald Trump.Now before I go any further, let me give you a trigger warning...What I'...Read More

Global research firm Verisk Maplecroft has found that the prickly subject of resource nationalism was on the rise i...

Thu Mar 28 20:51:02 2019 / Staff reporter

"Global research firm Verisk Maplecroft has found that the prickly subject of resource nationalism was on the rise in 30 countries through 2018: Report https://t.co/EN2SG94tle @MaplecroftRisk #exploration #mining #nationalism"Read full newsRead More

$SEEL - Ligand Pharmaceuticals Partner Sellos Therapeutics Shares Set To Soar As Value Of Its Potential Billion-Dol...

Thu Mar 28 20:32:38 2019 / Staff reporter

"$SEEL - Ligand Pharmaceuticals Partner Sellos Therapeutics Shares Set To Soar As Value Of Its Potential Billion-Dollar Pipeline Is Realized https://t.co/pFqkuabChw"Read full newsRead More

Precious Metals Update Video: Gold at a very critical area

28 March, 2019 / Ira Epstein

By: IRA EPSTEINGold at a very critical area, overbought and momentum pointing lower -- $1287-1289 area support...Read More

$GOFPY - Greek Organization of Football Prognostics S.A. (GOFPY) CEO Damian Cope on Q4 2018 Results - Earnings Call...

Thu Mar 28 19:32:25 2019 / Staff reporter

"$GOFPY - Greek Organization of Football Prognostics S.A. (GOFPY) CEO Damian Cope on Q4 2018 Results - Earnings Call Transcript https://t.co/YeoJaz5xTy"Read full newsRead More

Silver Spruce Identifies Additional Drill Targets at Pino de Plata

Thu Mar 28 19:06:54 2019 / Staff reporter

Silver Spruce Resources (TSXV:SSE) (Frankfort: S6Q1) is pleased to announce that its exploration team has identified additional areas for further field investigation as potential drill targets for its upcoming program at the Pino de Plata project in western Chihuahua State, Mexico.Read full newsRead More

2019 Gold Stocks and Investment Report. Find out what analysts, investors and gold firms are saying about the marke...

Thu Mar 28 19:03:02 2019 / Staff reporter

"2019 Gold Stocks and Investment Report. Find out what analysts, investors and gold firms are saying about the market in this free report ... https://t.co/FKdxiwRLCq #preciousmetals #gold 3investing"Read full newsRead More

Ontario Supporting Business Development, Creating Jobs in Kenora

March 28, 20197:00 P.M. / Ministry of Energy, Northern Development and Mines

Ontario's Government for the people is protecting what matters most, stimulating economic growth and creating jobs in the City of Kenora by investing in a local microbrewery and a chocolate manufacturing company.Today, Greg Rickford, Minister of Energy, Northern Development and Mines, was at Lake of the Woods Brewing Company to announce the company is receiving $1 million to expand its current bre...Read More

CPM Group: Things Will Get Worse for Gold Before They Get Better

Thu Mar 28 18:54:02 2019 / CPM Group

CPM Group has released its 2019 Gold Yearbook, stating that the metal still has some tough days ahead before finding a true rebound.Read full newsRead More

Mondias Natural Products Inc - A new agriculture/natural health product company expanding across Canada! Read mor...

Thu Mar 28 18:40:11 2019 / Staff reporter

"Mondias Natural Products Inc - Anew agriculture/natural health product company expanding across Canada!Read more here:https://t.co/nMda2cgJJm$NHP #NHP #momentumstocks #hotstocks #smallcap #mondias #mondiasnaturalhealth #Greymold #cropscience"Read full newsRead More

Europe aims to take its place on the global EV battery production stage

Mar. 28, 2019, 4:21 PM / Amanda Stutt

The European Commission is eyeing opportunities within the EU's minerals and mining sector, and has put forward, in its Strategic Action Plan (SAP) on batteries, a comprehensive set of targeted measures to make Europe a global leader in sustainable battery production and use.The SAP focuses on including raw materials research and innovation, financing and investment, standardization, regulation, a...Read More

NexGen finds high radioactivity in first holes of 2019

Mar. 28, 2019, 3:58 PM / Canadian Mining Journal Staff

Vancouver-based NexGen Energy has been busy with feasibility stage drilling at its 100% owned Rook I property in the Athabasca Basin.In the A2 sub-zone, the emphasis is on converting indicated to measured resources. Nineteen closely spaced drill holes (9.0 to 16.7 metres) successfully intersected the sub-zone. In the shear only, composite and off-scale radioactivity results were routinely measured...Read More

Greenstone's Hardrock project approved by environmental ministry

Mar. 28, 2019, 3:56 PM / Canadian Mining Journal Staff

Greenstone Gold Mines - a 50:50 joint venture of Centerra Gold and Premier Gold Mines - has received approval from the provincial environment ministry for development of the Hardrock gold mine 2 km south of Geraldton, Ontario. Federal approval was received late last year.An open pit and 27,000 t/d mineral processing plant are planned. The pre-production capex will be near C$1.25 billion to create...Read More

Appointment notices: Kirkland Lake Gold, Nemaska Lithium, and Skeena Resources

Mar. 28, 2019, 3:53 PM / Canadian Mining Journal Staff

Toronto-based Kirkland Lake Gold has announced the retirement of board chairman Eric Sprott, effective after the annual meeting on May 7, 2019. He has been chairman since 2015. The vacancy will be filled by Jeff Parr as interim chairman until the AGM.Ronald Bougie is joining Nemaska Lithium in Quebec City as VP engineering and construction. His appointment and certain other changes at the company...Read More

Stornoway finishes year with revenue down, losses up

Mar. 28, 2019, 3:50 PM / Canadian Mining Journal Staff

Stornoway Diamond (TSE: SWY) finished the 2018 calendar year with less production and revenue and more losses. Total net loss for the year was $329.4 million or $0.39 per share, compared to a net loss in 2017 of $114.2 million or $0.14 per share.The company pointed out that those numbers include a non-cash impairment of $83.2 million, a deferred income tax expense of $77.4 million, and $227.1 mill...Read More

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