The State of Mining Finance 2019 report produced by the Prospectors & Developers Association of Canada (PDAC) and junior financing tracker Oreninc, shows Toronto's stock exchanges managed to bump its share of global exploration capital up to 44%.However, the value of equity raised by juniors on the TSX and TSX-V decreased by 58% and 23% in 2018 respectively.There is also a change in the way explor...Read More
Toronto-based Avesoro Resources has released the pre-feasibility study for its New Liberty gold mine. The open pit is the country's first and largest commercial gold mine. The new PFS examines development of an underground mine.According to the PFS, the life of the project will be extended seven years to 2029 based on current proven and probable reserves. The open pit reserves are 4.9 million to...Read More
Toronto-based Avesoro Resources has released the pre-feasibility study for its New Liberty gold mine. The open pit is the country's first and largest commercial gold mine. The new PFS examines development of an underground mine.According to the PFS, the life of the project will be extended seven years to 2029 based on current proven and probable reserves. The open pit reserves are 4.9 million to...Read More
SGS Canada is launching a new service for the metals and mining industry - Field Analytical Services and Testing (FAST), in North America and Australia. FAST provides real-time data acquisition in the field by pairing portable instrumentation and machine learning. It will bring instrumentation into the field, provide data within 24 to 48 hours and, with the use of machine learning, enable real-ti...Read More
SGS Canada is launching a new service for the metals and mining industry - Field Analytical Services and Testing (FAST), in North America and Australia. FAST provides real-time data acquisition in the field by pairing portable instrumentation and machine learning. It will bring instrumentation into the field, provide data within 24 to 48 hours and, with the use of machine learning, enable real-ti...Read More
The Goodman School of Mines at Laurentian University and the Core Foundation signed a memorandum of understanding this week aiming to promote the school's education and research activities in Peru, Chile and Brazil.Osman Abou-RabiaThe Core Foundation is a non-profit organization dedicated to create new knowledge, discovery and innovation in Latin America."Countries like Peru need our strong...Read More
Zimbabwean Finance Minister Mthuli Ncube said a rule requiring local investors to control platinum mines will be scrapped and foreigners will be allowed to own 100% in a bid to revive investment."We are removing that indigenization rule, which is discouraging foreign direct investment," Ncube said in an interview with Bloomberg Television in Washington. "We say Zimbabwe is open for business; you c...Read More
ArcelorMittal has agreed to a provisional transportation deal with a Bosnian regional railway company, the steelmaker said on Wednesday, allowing production to resume at its iron ore mines in northwestern Bosnia.Production at the mine was halted after talks on the deal with the Zeljeznice RS railway company collapsed last week. Transportation of iron ore was also halted.ArcelorMittal, the world's...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce the Company is demonstrating the Uniden (R) UV350 vehicle mounted cellular device integrated with AT&T Enhanced Push-to-Talk at the International Wireless Communication Expo (IWCE) in Las Vegas March 6-7 at the Uniden Cellular booth #648.Marc Seelenfreund CEO of Siyata Mobile...Read More
Greg Rickford, Minister of Energy, Northern Development and Mines for Ontario, and Bronwyn Eyre, Minister of Energy and Resources for Saskatchewan, released the following statement today regarding Bill C-69, legislation that threatens resource jobs across Canada:"The governments of Ontario and Saskatchewan held a roundtable discussion with industry leaders at the Prospectors and Developers Associa...Read More
Mining Journal takes the pulse of leading brokers on the big four London-listed diversifiedsRead full newsRead More
The Global Mineral Professionals Alliance (GMPA) announced the launch of the Global Action on Tailings initiative, aimed at dealing with the challenges around mine waste, particularly tailings.The GMPA is an organization comprised of the Australasian Institute of Mining and Metallurgy; the Canadian Institute of Mining, Metallurgy and Petroleum; the Peruvian Institute of Mining Engineers; the Insti...Read More
Troubadour Resources (TSXV: TR) announced that it signed a letter of intent with Surespan and its wholly-owned subsidiary Privateer Gold to obtain an option to acquire all of the issued and outstanding shares of Privateer Gold.Privateer Gold is the owner of the Surespan gold property, which is made up of crown granted mineral claims and mineral tenures that cover approximately 13 square kilometres...Read More
Vancouver, British Columbia March 6, 2019 - FinCanna Capital Corp. ("FinCanna") (CSE: CALI) (OTCQB: FNNZF) a royalty company for the U.S. licensed medical cannabis industry announces that it has received US$3.9 million as partial repayment of an outstanding secured loan from Cultivation Technologies Inc. ("CTI"). These funds were generated from the sale of CTI's Coachella property as initially ann...Read More
VALLEJO - Richard and Krissy Hiteshew opened the doors to their own business 23 years ago on Valentine's Day.The idea to run his own business came to Richard Hiteshew after working for a company that didn't really fit with what he wanted for his life."My daughter had a birthday aRead full newsRead More
"$DLR - Digital Realty Trust, Inc. (DLR) Management Presents at Raymond James 40th Annual Institutional Investors Conference (Transcript) https://t.co/5864YrlDlB"Read full newsRead More
MEXICO CITY (AP) - Mexican President Andres Manuel Lopez Obrador says he's cancelling a gold mining project in Baja California Sur state over concerns about water supplies.Read full newsRead More
The board of US mining company Newmont on Monday unanimously rejected a hostile takeover bid from Canadian rival Barrick Gold, saying its own merger with Goldcorp was a better option.Toronto-based Barrick announced the takeover offer last week, proposing a share swap that would have combined the worldRead full newsRead More
Kazakh uranium miner Kazatomprom expects further revenue growth this year on higher prices, it said on Wednesday after posting a 112 percent jump in 2018 adjusted net profit on higher sales volumes and prices.London-listed Kazatomprom's net income adjusted for one-off transactions stood at 66.8 billion tenge (about $177 million), it said in a statement.The world's biggest uranium miner said it exp...Read More
"$GE - General Electric's (GE) CEO Larry Culp on J.P. Morgan Aviation, Transportation and Industrials Conference - Transcript https://t.co/v6NxwfepcD"Read full newsRead More