Mining Articles

Cordoba Minerals dealing with fraudulent transactions at Colombian subsidiary

Jan. 30, 2019, 7:19 AM / MINING.com Staff

Cordoba Minerals (TSXV: CDB), the Toronto-based miner developing the San Mat?-as project in the department of C??rdoba in northern Colombia, issued a media statement today detailing the reasons behind the lawsuits it filed in late 2018 and January 2019.According to the press release, Cordoba was forced to present criminal charges before Colombian prosecutors against nine members of former manageme...Read More

Near-record high vanadium prices boosts Bushveld Minerals 2018 results

Jan. 30, 2019, 6:55 AM / Cecilia Jamasmie

Vanadium producer Bushveld Minerals' (LON:BMN) revenue and earnings soared in 2018, the company said Wednesday, despite slightly missing production guidance due to repair work in the fourth quarter.Revenue for the miner, which owns the Vametco, Brits, and Mokopane projects in South Africa, jumped to $192.2 million, significantly more than the $79.2 million recorded in 2017.Profits from the miner'...Read More

Canadian miner wants its uranium project in Niger solar-powered

Jan. 30, 2019, 6:30 AM / MINING.com Staff

GoviEx Uranium (TSXV: GXU) is studying the possibility of powering its flagship Madaouela project in northern Niger using a dedicated and renewable hybrid solar power solution.GoviEx management is working with Windiga Energy and the companies have signed a memorandum of understanding to determine if the idea is feasible.Windiga is Canadian energy developer focused on building, owning and operating...Read More

#Nickel hits 3-mth peak, tracks ferrous metal prices higher

Wed Jan 30 05:26:39 2019 / Staff reporter

Nickel prices hit theirstrongest in around three months on Wednesday, as the co...Read full newsRead More

Danakali's potash project could be a game changer for Eritrea - UN

Jan. 30, 2019, 4:45 AM / Cecilia Jamasmie

A United Nations report published Wednesday says Danakali's (ASX, LON:DNK) Colluli potash project has the potential to boost the economy of Eritrea, a country that until two months ago was on the UN's sanctions list.The independent study, commissioned and funded by the UN Development Program (UNDP), assesses a wide range of econometric data and includes findings from talks with Eritrean government...Read More

Peekaboo Beans Announces Update on Business Model Initiatives

January 30, 2019 04:32:28 / Staff reporter

Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce a significant decrease in spend as a result of the Company's new omni-channel business model.Retail trends have pushed businesses to appeal to the millennial shopper through an online presence, which powered Peekaboo Beans' shift from direct sales to omni-channel model. The...Read More

Fortune Minerals commits to hire locally at Canada's first primary cobalt mine

Jan. 30, 2019, 3:08 AM / Cecilia Jamasmie

Fortune Minerals (TSX: FT) (OTCQX: FTMDF), the company behind what could become Canada's first primary cobalt mine, has signed a socio-economic agreement with the government of the Northwest Territories (N.W.T.) in which it commits to hire and spend locally.The 48-page document sets out targets for jobs, spending, education, and training in the Territories as the NICO cobalt, bismuth, gold, and c...Read More

#Nickel prices must rise to meet battery demand: AABC

Wed Jan 30 02:55:30 2019 / Staff reporter

Higher nickel prices are required to incentivise supply of nickel sulphate for electric vehicle (EV) batteries, particularly given lower cobalt prices, delegates heard today at the Advanced Automotive Battery Conference (AABC) in Strasbourg, France.Read full newsRead More

The Fed: Turning Gold Stocks Into Shooting Stars

Jan 30, 2019 / Stewart Thomson

The magnificent gold price rally has paused in the $1300 area for the past few weeks. Monday was COMEX option expiry day.With that now out of the way, gold is already staging more upside action!Please click here now. Double-click to enlarge this daily gold chart. A bullish upside channel breakout is in play and the consolidation was a flag-like pattern.Also, note my key 14,7,7 series Stochastics o...Read More

The Stock Market Would Crash Without Central Bank Support

January 30, 2019 / admin

The mis-pricing of money and credit has also driven a terrible misallocation of capital and kept unproductive zombie debtors alive for too long. Saxo Bank, "Beware The Global Policy Panic""Mis-pricing of money and credit" refers to the ability of the Fed to control interest rates and money supply. Humans with character flaws and conflicting motivations performing a role that is best left to a fr...Read More

Vale cuts production as Brumadinho rescue efforts continue

30 January 2019 / Staff Reporter

The death toll has reached 84, with another 276 still missing.Brazil has arrested five people following the TSF wall breaking and spilling waste over the Corrego do Feijão iron ore mine and surrounding areas, three of whom worked for Vale and had been involved in signing of the structural integrity of the dam.The company said on Tuesday it would give each victim's family US$26,000.Vale's pr...Read More

This New Oil Chart Changes Everything... and Brother, You'd Better Be Ready

January 30, 2019 / Keith Kohl

OPEC is imploding day by day.Right now, no other catalyst weighs heavier on the 14-member oil cartel than the collapse of Venezuela's oil industry.I wish I could tell you that nobody saw this coming.Truth is, everyone did.We've seen the writing on the wall for more than a decade... ever since Hugo Ch??vez seized all oil assets held by major oil players like ExxonMobil and ConocoPhillips.This was t...Read More

AME Roundup: Rio Tinto on lookout for BC porphyry deposits

January 30, 2019 / MININGcom

VANCOUVER - British Columbia is known for its coal and copper-gold deposits, with a storied history of mining all three commodities. Now the second largest mining company in the world is looking to add a B.C. copper porphyry deposit to its portfolio of development properties.Speaking at the opening ceremony of the Association for Mineral Exploration's Roundup 2019 convention in Vancouver, Rio Tint...Read More

AME Roundup: BC exploration tax credits made permanent

January 30, 2019 / MININGcom

VANCOUVER - Miners and explorers in British Columbia hit paydirt on Monday, with B.C. Premier John Horgan announcing that two investment-friendly tax credits would be made permanent and no longer be re-evaluated on an annual basis.Speaking at Roundup 2019, the annual meet-up organized by the Association for Mineral Exploration (AME), Horgan said his government will adopt the recommendations of the...Read More

Editorial: Tailings spill at Feijao is Vale's worst yet, with 84 dead, 276 missing

January 30, 2019 / Posted John Cumming

Here we go again. With memories still fresh of Vale and BHP's deadly Samarco iron ore tailings disaster in Mariana, Brazil in November 2015 - which killed 19 people - comes news of a smaller but even more deadly tailings dam collapse at Dam 1 of Vale's Feijao iron ore mine in Brazil's Minas Gerais state during the early afternoon of Friday, Jan. 25.The tailings spilled out with no warning to bury...Read More

Ivanhoe drills Kamoa-Kakula's best intersection to date

January 30, 2019 / Posted Northern Miner Staff

Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has drilled what it's calling an "unprecedented" intersection in a shallow, flat lying deposit at the Kamoa North exploration area on its 397-sq.-km Kamoa-Kakula mining license.The company cut 13.05% copper over 22.25 metres from 219 metres downhole at a 2% copper cut off grade in a deposit that begins 190 metres below surface. At a 5% copper cut off grade,...Read More

Osisko Metals releases more high-grade drill results from Pine Point

January 30, 2019 / Posted Northern Miner Staff

Osisko Metals (TSXV: OM) has released new drill results from its high-grade, large tonnage and near-surface Pine Point zinc-lead deposit on the south shore of Great Slave Lake in the Northwest Territories.Highlights include 12.74 metres grading 8.07% zinc and 6.80% lead from 16.31 metres downhole; 4.35 metres averaging 11.78% zinc and 6.01% lead from 20.90 metres downhole; six metres of 10.90% zin...Read More

This New Oil Chart Changes Everything... and Brother, You'd Better Be Ready

January 30, 2019 / Keith Kohl

OPEC is imploding day by day.Right now, no other catalyst weighs heavier on the 14-member oil cartel than the collapse of Venezuela's oil industry.I wish I could tell you that nobody saw this coming.Truth is, everyone did.We've seen the writing on the wall for more than a decade... ever since Hugo Ch??vez seized all oil assets held by major oil players like ExxonMobil and ConocoPhillips.This was t...Read More

One Company to Solve the CBD Shortage

January 30, 2019 / Nick Hodge

In Canada, registered medical patients have been allowed to use cannabidiol (CBD) legally since 2001, or almost two decades.When Canada legalized cannabis last fall, CBD became legal for all adults to use.It immediately sold out. All of it.There is now a medical cannabis and CBD shortage.According to James O'Hara of Canadians for Fair Access to Medical Marijuana:"It's actually more than a supply i...Read More

Fremont Gold Announces Debt Settlement Agreement

Tue Jan 29 22:28:40 2019 / Fremont Gold

Fremont Gold Ltd. (TSXV:FRE) (FSE: FR2) (OTC Pink: USTDF) (Read full newsRead More

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