Mining Articles

Delrey Metals acquires vanadium assets in British Columbia

Dec. 13, 2018, 2:49 PM / MINING.com Editor

Vancouver-based exploration company Delrey Metals (CSE:DLRY) has entered into a share purchase agreement with WEM Western Energy Metals to acquire all the issued and outstanding share capital of WEM.WEM owns a 100% undivided, unencumbered legal and beneficial interest in both the Peneece and the Blackie vanadium properties in British Columbia. The properties cover a total area of 2,714 hectares an...Read More

Delrey Metals acquires vanadium assets in British Columbia

Dec. 13, 2018, 2:49 PM / MINING.com Editor

Vancouver-based exploration company Delrey Metals (CSE:DLRY) has entered into a share purchase agreement with WEM Western Energy Metals to acquire all the issued and outstanding share capital of WEM.WEM owns a 100% undivided, unencumbered legal and beneficial interest in both the Peneece and the Blackie vanadium properties in British Columbia. The properties cover a total area of 2,714 hectares an...Read More

CROP's (@CROP_cse) (#CSE: $CROP | #OTC: $CRXPF) Italian Greenhouse Ready for the 2019 Growing Season [...

Thu Dec 13 14:48:57 2018 / CROP CORP

"CROP's (@CROP_cse) (#CSE: $CROP | #OTC: $CRXPF) Italian Greenhouse Ready for the 2019 Growing Season [https://t.co/rKuZeVY2Vw]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #MarijuanaStocks #CBD #hemp"Read full newsRead More

Macarthur Minerals Update on Its High Grade Moonshine Magnetite and Ularring Hematite Projects @macminltd...

Thu Dec 13 14:07:00 2018 / Macarthur Minerals

"Macarthur Minerals Update on Its High Grade Moonshine Magnetite and Ularring Hematite Projects @macminltd https://t.co/efOACUmmB5"Read full newsRead More

Wesdome upgrades Kiena resources, extends Deep A zone along plunge

Dec. 13, 2018, 2:07 PM / Canadian Mining Journal Staff

Wesdome Gold Mines of Toronto has circulated an interim mineral resource for its 100% owned Kiena mine complex in Val d'Or. The estimate is based on drilling completed to Oct. 12, 2018. Since then, the Deep A zone has been the target of drilling, but its resources are not yet included in the current estimate.Kiena counts resources in the Kiena Deep, A, B, South, VC and S50 zones. The total measur...Read More

Wesdome upgrades Kiena resources, extends Deep A zone along plunge

Dec. 13, 2018, 2:07 PM / Canadian Mining Journal Staff

Wesdome Gold Mines of Toronto has circulated an interim mineral resource for its 100% owned Kiena mine complex in Val d'Or. The estimate is based on drilling completed to Oct. 12, 2018. Since then, the Deep A zone has been the target of drilling, but its resources are not yet included in the current estimate.Kiena counts resources in the Kiena Deep, A, B, South, VC and S50 zones. The total measur...Read More

Indonesia's Silkroad Nickel inks $290m offtake agreement

Dec. 13, 2018, 2:03 PM / MINING.com Editor

Indonesian nickel mining group Silkroad Nickel (SGX: STP) has announced that its subsidiary, PT Teknik Alum Service, entered into a new long-term offtake agreement with PT TBR to supply 15 million tonnes of nickel ore over a period of five to eight years, beginning March 2020.The total contract value of the agreement is estimated to be in excess of $290 million.PT TBR is part of the Qingdao Hengsh...Read More

Indonesia's Silkroad Nickel inks $290m offtake agreement

Dec. 13, 2018, 2:03 PM / MINING.com Editor

Indonesian nickel mining group Silkroad Nickel (SGX: STP) has announced that its subsidiary, PT Teknik Alum Service, entered into a new long-term offtake agreement with PT TBR to supply 15 million tonnes of nickel ore over a period of five to eight years, beginning March 2020.The total contract value of the agreement is estimated to be in excess of $290 million.PT TBR is part of the Qingdao Hengsh...Read More

Canadian coal plants to be phased out by 2030

Dec. 13, 2018, 1:39 PM / Canadian Mining Journal Staff

The federal government of Canada announced on Dec. 12, 2018, that traditional coal-fired electric generation plans will be phased out by 2030. Greenhouse gas regulations for natural gas-fired generating stations was also published.The government says it wants to have 90% of this country's electricity generated from non-emitting sources. It estimates that carbon pollution from the electricity secto...Read More

Western Provides Casino Project Update @westernCuandAu

Thu Dec 13 13:14:26 2018 / westerncopperandgold

Western Copper and Gold Corporation (TSX:WRN, NYSE AMERICAN:WRN) is pleased to provide an update on Casino Project activities.Read full newsRead More

Orsu Metals Further Extends Zone 23 from 740 Meters to 900 Meters and has Started Estimation Work for a Maiden Reso...

Thu Dec 13 13:14:06 2018 / Staff reporter

"Orsu Metals Further Extends Zone 23 from 740 Meters to 900 Meters and has Started Estimation Work for a Maiden Resource with Wardell Armstrong International at Its Sergeevskoe Gold Project, Russia https://t.co/o3WLwckOq7"Read full newsRead More

Detour Gold interim CEO, chairman lose out to Paulson nominees

Dec. 13, 2018, 1:14 PM / Reuters

Detour Gold Corp shareholders voted for five nominees of Paulson and Co and removed the interim CEO and Chairman, among others, from the nine-member board, the hedge fund said on Thursday, ending a months-long proxy fight.Paulson, who owns about 6 percent stake in the gold miner, had nominated eight members to the board. The company "unsuccessfully tried to boost short-term performance".The hedge...Read More

Pancon Announces Private Placement of up to $1.8 Million @PanconResources

Thu Dec 13 13:09:24 2018 / Pancon Resources

Pancontinental Resources Corporation ("Pancon") (TSXV:PUC) (Read full newsRead More

Waterton seeks CEO, board changes at Canadian miner Hudbay

Dec. 13, 2018, 12:39 PM / Reuters

Private equity firm Waterton Global Resource Management Inc on Thursday urged Hudbay Minerals Inc to replace its chief executive officer and said it would nominate several candidates to the miner's board.Waterton, which raised its stake in the company to nearly 10% from 7%, also said it had withdrawn its request for a special shareholders' meeting.Hudbay did not immediately respond to a request fo...Read More

Barrick aborts earn-in joint-venture on ATAC Resources' Orion project

Dec. 13, 2018, 11:58 AM / Northern Miner Staff

Shares of ATAC Resources (TSXV: ATC) plunged 25% on news that Barrick Gold (TSX: ABX; NYSE: ABX) is terminating its earn-in joint venture on the junior's Orion project, part of its 100%-owned Rackla gold property in the Yukon.Barrick declined a request for comment on the decision, but in an investor day presentation last month, the company's head of project evaluation, Rod Quick, stated that m...Read More

Cuba sees nickel output topping 50,000 tonnes

Dec. 13, 2018, 11:00 AM / Reuters

Cuba's nickel plus cobalt sulfide production will top 50,000 tonnes this year and earnings are up over 2017, the head of the country's state monopoly Cubaniquel was quoted by local media as stating on Wednesday.Nickel is one of the cash-strapped Communist-run country's most important exports, but revenue from it has suffered in recent years due to a decline in production and prices.The country was...Read More

Indonesia coal miner Bayan completes A$226m buy back of Kangaroo Resources

Dec. 13, 2018, 10:14 AM / Reuters

Indonesian coal miner PT Bayan Resources Tbk has completed the acquisition of its Australian-listed unit Kangaroo Resources Limited in a transaction worth A$226.4 million ($163.7 million), it said in a filing to the Indonesia Stock Exchange (IDX) on Wednesday."The aim of this share purchase is so that the company can have full control over its subsidiaries owned indirectly by Kangaroo Resources,"...Read More

Australian rail workers plan strikes that could hit key coal haulage tracks

Dec. 13, 2018, 10:09 AM / Reuters

Coal railway workers at Australian hauler Aurizon Holdings Ltd are planning strikes after a breakdown in pay negotiations, their trade union said, a move that could delay shipments from the world's largest coking coal export region.Miners including BHP Billiton, Glencore , Anglo American and Peabody Energy use Aurizon's four major railways in the state of Queensland to bring coal to port.Protracte...Read More

Amplats expects 20% jump in full-year earnings

Dec. 13, 2018, 10:01 AM / Reuters

Anglo American Platinum on Thursday said it expects a 20 percent increase in full-year earnings, helped by an increase in the rand basket price and improved operational performance.Last year the world's largest platinum producer reported headline earnings of 3.9 billion rand ($277 million), or headline earnings per share of 1,482 cents.($1 = 14.0805 rand)(Reporting by Nqobile Dludla; Editing by Ra...Read More

Gold Fields to restart production in South Africa as workers return

Dec. 13, 2018, 9:57 AM / Reuters

Workers will return to Gold Fields' sole South African mine on Thursday after a six-week strike was called off by the country's National Union of Mineworkers (NUM), with production likely to resume in earnest after Christmas. Workers from the largest union operating at the South Deep mine downed tools in November after the bullion producer announced plans to cut 1,100 jobs at the mine - near a thi...Read More

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