Mining Articles

Pancon Announces Closing of First Tranche of Private Placement for $1.5 Million @PanconResources...

Thu Dec 20 13:47:26 2018 / Pancon Resources

"Pancon Announces Closing of First Tranche of Private Placement for $1.5 Million @PanconResources https://t.co/CAsnXslNc9"Read full newsRead More

Wisconsin court rejects lawsuit over Aquila Resources wetlands permit

Dec. 20, 2018, 1:24 PM / Northern Miner Staff

A Wisconsin district court has dismissed a lawsuit by the Menominee Indian Tribe of Wisconsin's lawsuit against both the United States Environmental Protection Agency and the U.S. Army Corps of Engineers that alleges they should have presided over Aquila Resources' (TSX: AQA; US-OTC; AQARF) wetlands permit application for its Back Forty Creek polymetallic project in Michigan.The Michigan Departm...Read More

Wisconsin court rejects lawsuit over Aquila Resources wetlands permit

Dec. 20, 2018, 1:24 PM / Northern Miner Staff

A Wisconsin district court has dismissed a lawsuit by the Menominee Indian Tribe of Wisconsin's lawsuit against both the United States Environmental Protection Agency and the U.S. Army Corps of Engineers that alleges they should have presided over Aquila Resources' (TSX: AQA; US-OTC; AQARF) wetlands permit application for its Back Forty Creek polymetallic project in Michigan.The Michigan Departm...Read More

Bravada and OceanaGold announce JV on Nevada Highland project

Dec. 20, 2018, 1:00 PM / MINING.com Editor

Bravada Gold (TSXV: BVA) (OTCQB: BGAVF) today announced an option/joint venture agreement has been fully executed with OceanaGold, giving the company the option to earn up to a 75% interest in Bravada's Highland gold-silver project in Nevada's Walker Lane Gold trend.The Highland project consists of 102 Federal lode claims for a total of approximately 825 hectares and is located along the Walker...Read More

Bravada and OceanaGold announce JV on Nevada Highland project

Dec. 20, 2018, 1:00 PM / MINING.com Editor

Bravada Gold (TSXV: BVA) (OTCQB: BGAVF) today announced an option/joint venture agreement has been fully executed with OceanaGold, giving the company the option to earn up to a 75% interest in Bravada's Highland gold-silver project in Nevada's Walker Lane Gold trend.The Highland project consists of 102 Federal lode claims for a total of approximately 825 hectares and is located along the Walker...Read More

Mammoth Enters Option Agreement With Centerra Gold On Its Tenoriba Precious Metal Property, Mexico...

Thu Dec 20 12:56:08 2018 / Staff reporter

"Mammoth Enters Option Agreement With Centerra Gold On Its Tenoriba Precious Metal Property, Mexico https://t.co/tTPGuaEU76"Read full newsRead More

Tech school receives "Gold Rush" haul truck from Volvo CE

Dec. 20, 2018, 11:59 AM / Volvo

Volvo Construction Equipment (Volvo CE) has donated an articulated haul truck to train future equipment operators at Lehigh Career & Technical Institute (LCTI) in Schnecksville, Pennsylvania. The Volvo A35D hauler had been used on Discovery Channel's "Gold Rush" television series and will now serve as a training tool for high school students enrolled in the institute's Heavy Equipment Operations a...Read More

Politics, investors fear, keeping mines from adopting renewables - study

Dec. 20, 2018, 11:45 AM / Columbia Center on Sustainable Investment

As renewable power integration in the mining sector gathers pace, a Columbia University study identifies financing and conflicting interests among different stakeholders as the remaining biggest roadblocks to wide-spread uptake.The report, launched at the Energy and Mines World Congress in Toronto where independent power producers and mining companies meet to present and discuss the latest develop...Read More

Finnish Zyfra was listed among TOP-50 IoT aquisition deals of 2018 together with Google, Amazon and Blackberry

Dec. 20, 2018, 11:16 AM / ZYFRA

Recent Index by TNW (The Next Web) ranked Finn-co ZYFRA Oy 11-th among the TOP-50 2018's world aquisition deals in IoT. The 10th position took Google with its aquisition of Lytro, the Dutch camera maker.Finland based biggest digital solutions vendor ZYFRA announced it started its acquisition of VIST Group, one of the industrial leaders in development and implementation of information technologies...Read More

The year that politics broke the metals cycle: Andy Home

Dec. 20, 2018, 10:49 AM / Reuters

LONDON - The two-year rally in industrial metal prices came to an abrupt end at the start of June.The London Metal Exchange Index, a basket of the LME's major base metal contracts, hit a three-year high of 3499.6 in the first week of that month.Prices then imploded over the ensuing weeks and the blood-bath has continued ever since. The Index stood at 2845.5 as of Wednesday's close, back at mid-201...Read More

Codelco agrees 3-year "evergreen" deals with clients in strategy overhaul

Dec. 20, 2018, 10:10 AM / Reuters

* Codelco signs large supply deals with major clients* Asia including China accounts for about 50 percent of sales* Copper price down 20 percent from JuneLONDON/BEIJING - Chilean state miner Codelco has agreed to sell France's Nexans, China's Minmetals and U.S.-based Southwire 50,000 to 100,000 tonnes of copper each from 2019 to 2021 in rolling deals known as "evergreens", sources close to the mat...Read More

Zambia tax hike to make most mines unprofitable, group says

Dec. 20, 2018, 9:42 AM / Bloomberg News

More than half of the copper mines in Zambia, Africa's second-biggest producer of the metal, will probably be unprofitable next year with thousands of jobs on the line, as the nation raises taxes for operators, the country's biggest industry lobby group said.The effective tax rate will range from 86 percent to 105 percent, with about 27,900 jobs at risk, the Zambia Chamber of Mines said in a state...Read More

Zambia tax authority clears Gemfields' Kagem mine of tax evasion

Dec. 20, 2018, 9:28 AM / Cecilia Jamasmie

Precious gemstones miner Gemfields (JSE: GML) has announced that the Zambia Revenue Authority (ZRA) has cleared its Kagem emerald mine following a probe into alleged tax evasion.During an unannounced visit in August, the ZRA seized documents and files including those allegedly used to evade payment of Value Added Tax (VAT), income tax, with-holding tax and other taxes.Probe was part of a wider eff...Read More

Zambia tax authority clears Gemfields' Kagem mine of tax evasion

Dec. 20, 2018, 9:28 AM / Cecilia Jamasmie

Precious gemstones miner Gemfields (JSE: GML) has announced that the Zambia Revenue Authority (ZRA) has cleared its Kagem emerald mine following a probe into alleged tax evasion.During an unannounced visit in August, the ZRA seized documents and files including those allegedly used to evade payment of Value Added Tax (VAT), income tax, with-holding tax and other taxes.Probe was part of a wider eff...Read More

Eurasian Resources Group launches clean cobalt framework

Dec. 20, 2018, 9:27 AM / Eurasian Resources Group

Eurasian Resources Group ("ERG" or "the Group"), a leading diversified natural resources group, is pleased to announce the launch of its Clean Cobalt Framework ("the Framework") at Metalkol RTR as part of ERG's commitment to ensure sustainable cobalt production. Metalkol RTR is fundamental to the development of ERG's operations in the DRC and the driver for the Group's plans to increase its cobalt...Read More

Bechtel opens mining innovation center in Chile

Dec. 20, 2018, 8:14 AM / MINING.com Staff

American engineering company Bechtel, ranked #11 on Forbes' America's private company list for 2018, announced this week that it opened the Bechtel Mining & Metals Innovation Center in Chile with the goal of developing new technologies that boost productivity, promote environmental sustainability and improve worker safety for the copper industry.In a press release, Bechtel said that the cente...Read More

Clean TeQ's Sunrise nickel-cobalt-scandium project gets green light

Dec. 20, 2018, 7:20 AM / MINING.com Staff

An Australian Independent Planning Commission approved a modified version of Clean TeQ's Sunrise nickel-cobalt-scandium project, located in New South Wales' central west area. According to Clean TeQ, Sunrise is one of the highest grade and largest nickel and cobalt deposits outside of Africa and one of the largest and highest grade scandium deposits in the world.The new version of the proposal inc...Read More

IsoEnergy Ltd. Announces Closing of Bought Deal Private Placement

December 20, 2018 06:01:17 / Staff reporter

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy"), is pleased to announce that it has completed its previously announced private placement on a "bought deal" basis for total gross proceeds of approximately $5.5 million, an increase over the originally announced $4.5 million base deal due to strong demand for the Offering (as defined herein).The Company has...Read More

Orocobre shares crushed on weak lithium prices, outlook

Dec. 20, 2018, 3:10 AM / Cecilia Jamasmie

Shares in Australian lithium miner Orocobre (ASX: ORE,TSX: ORL) dropped Thursday after it said that prices received for its output dropped in the half of its fiscal year ending in December, and noted it didn't expect a significant improvement in the short term.The Brisbane-based producer of lithium carbonate, used in the making of batteries that power electric vehicles, expects to obtain an aver...Read More

Golden Star Reports Drilling Results From Wassa Underground Gold Mine

Thu Dec 20 00:09:03 2018 / Staff reporter

Significant intercepts include 10.4 m grading 11.9 g/t Au and 16.2 m grading 6.7 g/t Au TORONTO , Dec. 17, 2018 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) (Read full newsRead More

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