Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) has tabled 23 new silver channel samples from its Bayhorse silver mine in Oregon. The company is trying to find the mine's higher grade zones; it will then designate the barren zones as support pillars in its mine design.The company sampled from two new raises and stopes built 15 metres apart. It took samples measuring 1 metre by 0.2 metre on 0.9 metre c...Read More
Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) has tabled 23 new silver channel samples from its Bayhorse silver mine in Oregon. The company is trying to find the mine's higher grade zones; it will then designate the barren zones as support pillars in its mine design.The company sampled from two new raises and stopes built 15 metres apart. It took samples measuring 1 metre by 0.2 metre on 0.9 metre c...Read More
Alrosa (MCX:ALRS), the world's No.1 diamond producer by output, made $463 million only at the international auctions it held in five countries in 2018.Following the publication of its overall sale results for the year, with rough and polished diamonds generating $4.5 billion, the Russian miner issued a press release highlighting the importance of the competitive sales it held abroad, especially th...Read More
China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo's operation.The Chinese miner, which has spent almost $5 billion in the past two years on an acquisition rampage, said it had agreed to buy BHR Newwood DRC Holdings Ltd, a holdin...Read More
China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo's operation.The Chinese miner, which has spent almost $5 billion in the past two years on an acquisition rampage, said it had agreed to buy BHR Newwood DRC Holdings Ltd, a holdin...Read More
Following a mapping and prospecting campaign in conjunction with a grid-based soil sampling program and follow-up rock channel sampling, Carube Copper (TSXV: CUC) reported the discovery of high-grade copper-silver mineralization at its Main Ridge Project in Jamaica.Known for its initials MR, the project covers 30 square kilometres of the island country's south-central region, an area where the Spa...Read More
Newmont Mining plans to acquire smaller rival Goldcorp for $10 billion in the biggest-ever acquisition in the gold sector.Read full newsRead More
The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or territory has had two new precious metal mines reach commercial production less than 15 months apart over the last two calendar years.In July 2017, Pretium Resources (TSX: PVG; NYSE: PVG) launched commercial production at its high-g...Read More
A week in which the trend for M&A in the gold sector accelerated ended with predictions that the copper sector could be next, as analysts issued a bullish outlook for the mineral. The report from Fitch Solutions on mining the Americas pointed to promising spot levels on nickel, lead, copper, tin and gold, auguring well for 2019. The bullish outlook for copper, in particul...Read More
ROBOTIC TRADING GONE WILD (ROOMBA'S)I am a Market Maker. I represent Small Cap issues (.01-3.00) on Junior Canadian Exchanges. In simple terms, my role is to help establish an orderly Market for these Securities. I have great respect for the Corporations that pay me a fee to conduct my services on their behalf, which covers my associated costs and of course, risk. They d...Read More
I met Steve Leeb in 1980 while working at a Wall Street firm. I have always found Steve's analysis to be excellent. I would strongly suggest that you listen to the interview from the "King World News" website. You cannot afford to miss it.Dr. Stephen Leeb: Broadcast Interview - Available NowRead More
The bad news for shareholders of the Zimbabwe and Romania-focused miner piled up on Friday afternoon, with lender Bergen Global Opportunity Fund calling on conversion rights worth $500,000, meaning Vast must issue 164 million new shares.The $5.5 million tranche B money was to get the Baita Plai polymetallic mine in Romania up and running, the Manaila operation, and on diamond exploration in Z...Read More
Thome, President and CEO of AMEBC.AMEBC (Association for Mineral Exploration British Columbia) is the leading association for the mineral exploration and development sector in British Columbia. The organization represents BC's mineral exploration sector and promotes environmentally responsible mineral development with clear policies, events and tools to support its thousands of members.AMEBC is we...Read More
The processing plant under construction at Lundin Gold's Fruta del Norte mine in Ecuador. Source: Lundin Gold Inc.Sandstorm Gold Ltd. [SSL-TSX, SAND-NYSE American] said Friday January 18 that it has acquired a 0.9% net smelter return royalty interest on precious metals produced from Lundin Gold Inc.'s [LUG-TSX, LUG-OMX] Fruta del Norte mine in Ecuador.Sandstorm said the royalty was acquired form a...Read More
The price of palladium is breaking records.And the financial media is buzzing about the white metal.But before you get sucked into the palladium hype, there are a few things investors should know.Palladium Price 1-YearIn the past five months, palladium prices have increased by almost 60%. Yesterday, the price of palladium soared to over $1,400 an ounce, an all-time high for the metal.That's $100 m...Read More
Which of Mines' 29 campus departments or programs will get the biggest share of the #idigmines Giving Day bonus funding and other matching incentives, all totaling more than $100,000?Mark your calendar: #idigmines Giving Day is back on Feb. 7.This year marks the third 24-hour giving day when the Mines community comes together to show their Mines love by supporting the campus causes they dig the mo...Read More
Denison Mines (TSX: DML; NYSE-AM: DNN) getting to work on this year's exploration programs on its Wheeler River, Waterbury Lake and Hook-Carter uranium properties in northern Saskatchewan's Athabasca basin.Waterbury and Wheeler River are on the east side of the basin while Hook-Carter is on the west side, near Fission Uranium's (TSX: FCU; US-OTC: FCUUF) Triple R uranium deposit and NexGen Energy's...Read More
Macquarie Research has chosen Bellevue Gold (ASX: BGL) as its top explorer pick in Australia for 2019.The junior, which is trading at A$0.495 per share and has a market cap of about US$143 million, is delivering high-grade drill results from its Bellevue gold project in Western Australia.The company says it has delineated over one million ounces of gold in less than 12 months at a discovery cost o...Read More
Marijuana stocks have come a long way... but it hasn't been an easy ride.Just ask any marijuana investor who bought shares last year. They may have been tearing their hair out, as I was many times throughout the year.You can watch our horror unfold by the movements of the Horizons Marijuana Life Sciences ETF (HMMJ.TO) chart in the last year:This ETF charts the "equity securities of life sciences c...Read More
On Wednesday, Vice President Mike Pence stood before the Global Chiefs of Mission Conference at the State Department and told U.S. diplomats that ISIS had been destroyed."The caliphate has crumbled," he said, "and ISIS has been defeated."This was a strange thing to say, considering Pence was told hours beforehand that a terrorist attack by the Islamic State had killed four Americans.Officials said...Read More