Last year was a momentous one for Africa-focused Gem Diamonds (LON:GEMD), as it recovered a record number of huge precious stones from its flagship Let??eng mine in Lesotho, the world's highest-dollar-per-carat diamond mine.In Q4 2018, the company recovered three of the 15 diamonds over 100 carats - a new record for the London-based miner.The most important one, the 910-carat "Lesotho Legend",...Read More
The wave of consolidation sweeping the gold mining sector is for now passing the...Read full newsRead More
Russian miner Nordgold (LON:NORD) has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million to continue developing the asset, one of the country's largest gold producing mines.The new licence, effective from March 21, is valid until 2034, in line with Lefa's current life-of-mine.Nordgold, which spun off of Russian steelmaker Severstal i...Read More
HighlightsDRA has entered into a merger agreement with SENET, a leading African project management and engineering firm to create one of the largest project delivery and operations management companies on the continent.SENET specialises in mineral processing project delivery and has successfully delivered gold, copper, cobalt, uranium, and iron ore projects throughout Africa. The complimentary mer...Read More
Metso has opened a new Competence Center for mining in China (CCC). Located in Hunan province in central China, the center focuses on developing and manufacturing solutions for the fast-changing Chinese mining market.We sat down with the head of the CCC, Yiqiang Zhang, and asked him to tell a bit more about the center and his views on the mining industry in China.Why was the CCC established and wh...Read More
A tough financing environment has remained pervasive despite the talk of how bare the reserve cupboards are.Read More
Gold price sales offer opportunity but patience is required. I like to see a market swoon of at least $50/ounce before buying any fresh medium-term gold or related positions.Most amateur gold investors should wait for $100/ounce declines before buying or use very tight stop-losses to protect their capital.When buying, it's important that investors have strong hands accompanying them, and the small...Read More
There are few companies on the market today that have stirred as much emotion and controversy over the years as Cameco (TSX:CCO)(NYSE:CCJ). Despite the fact that the Cameco has seen its share price drop significantly over the years, Canada's largest uranium miner still commands a base of loyal investors that foresee a time (perhaps rapidly emerging) when the stock and, by extension, uranium price...Read More
With uncertainty continuing to cloud the future of the auto industry, and other sectors heavily reliant on the metal industry, it's worth checking the stats for potentially impacted stocks on the TSX index. To catch up, let's look at an auto-related stock, a metal-weighted stock, and an auto stock with the potential to lead the way in the international electric vehicles market.Uni-Select (TSX:UNS)...Read More
"Our advice is to own as little exposure U.S. equity exposure as your career risk allows." - Martin Tarlie, member of portfolio allocation at Grantham, Mayo, Van Otterloo investment managementThe following is an excerpt from the latest Short Seller's Journal:Economy is worse than policy makers admit publicly - Less than four months ago, the FOMC issued a policy statement that anticipated four rate...Read More
A stronger US dollar saw the gold price ease and took the shine off gold equities.The gold price has lost US$10 an ounce on the spot market since this point yesterday, trading just over $1,303/oz earlier.Base metal futures were mixed in Asian trade this afternoon, while iron ore is around a two-year high - above US$86 per tonne as Vale's production was further curtailed with a key operating licenc...Read More
Time for a change of scenery, I’m writing to you all from Bali now. After spending over 4 months in the Philippines, I thought I was due for a change of pace, but as usual per this time of year, I wanted to stay in warmer territories.I’m still in the same timezone, though, so really not too much has changed at all… If anything, I’m probably more convinced than ever just how...Read More
It's expected to become a $4 billion business by 2022.And that's just in the U.S. and Canada.The global estimates for cannabis edibles could effectively double that number.I know some folks don't like to talk about weed or edibles. But if you want to make a ton of cash from the cannabis boom, you need to pay attention to the edibles market.This Isn't Your Father's EdibleForget everything you know...Read More
February 7, 2019 - Brixton Metals Corporation (TSXV: BBB) (OTC: BBBXF) (the "Company" or "Brixton") is pleased to announce that it has acquired the Wilson Claims through a Purchase and Sale Agreement from a private vendor. The Wilson Claims comprise 5 claims for an aggregate 192.32 hectares in size. These claims are located within Brixton's large claim group at the Atlin Goldfields project located...Read More
Zhenzhen Yu, assistant professor of metallurgical and materials engineering at Colorado School of Mines, has received a National Science Foundation CAREER Award for work to accelerate the design of interlayer alloys for use in the joining of dissimilar materials.The project, "Understanding of Diffusion and Deformation Mechanisms in Multi-Principal Element Alloy Interlayers for Manufacturing of Mul...Read More
A Colorado School of Mines professor of mining engineering is part of a team whose proposal for using big data to improve living conditions for Syrian refugees in Turkey has won a prize in an international competition. H. Sebnem Duzgun, Fred Banfield Distinguished Endowed Chair in Mining Engineering, alongside researchers from her alma mater, Middle East Technical University in Ankara, took part...Read More
The following is a release by the Silver Institute, a Washington, D.C.-based non-profit association that draws its international membership from across the breadth of the silver industry, including silver miners, refiners, bullion suppliers, manufacturers of silver products and wholesalers of silver investment products. For more information, visit www.silverinstitute.org.Last year, the silver mark...Read More
Simon Moores, managing director of battery minerals advisory firm Benchmark Mineral Intelligence, appeared before a U.S. Senate committee for energy and minerals on Feb. 5, 2019, to once again sound the alarm on the lack of a domestic supply chain in the U.S. for the battery minerals lithium, cobalt, nickel and graphite. (With Tesla's Gigafactory in Nevada being a notable exception.)The podcast pr...Read More
Gainey Capital's (TSXV: GNC; US-OTC: GNYPF) first pass sampling at its newly-optioned Las Margaritas gold project in Durango, Mexico, sampled up to 40 grams gold per tonne and confirmed the project's previously reported 1.5-1.6 km strike length. Peter Megaw leads the company's exploration team.The company took 42 samples at Las Margaritas including chip samples from old pits, chip-channel samples...Read More
In the first expansion drilling since 2015 on its Grasset deposit in the Abitibi greenstone belt of Quebec, Balmoral Resources (TSX: BAR; US-OTC: BALMF) has extended the known depth of the nickel, copper, cobalt and PGE deposit by several hundreds of metres.The junior explorer reported this week that Grasset's H1 zone has now been intersected for 1,140 metres along strike and from the bedrock surf...Read More