Mineral driller Foraco International (TSX: FAR) today reported a terrorist attack at its camp in Niger's Toumour Village.In a media statement, the company said that at around 2 a.m. Thursday, November 22, a group of terrorists attacked the small building where a Foraco team was sleeping and killed eight people. Five other employees were wounded and two are in serious condition. An unnamed source t...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce that it will be releasing its Q3 2018 financials on November 28th, 2018, and will be hosting a conference call to discuss these results on Thursday, November 29th at 9:00 AM EST (6:00 AM PST).The company will hold the conference call on Thursday, November 29, 2018, at 9:00am...Read More
South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has halted all its gold mining operations in the country after violence broke out overnight during a strike by workers demanding higher wages.Operations at the Driefontein, Kloof and Beatrix mines, major sources of revenue for the precious metals miner, were suspended late on Wednesday due to increasing levels of brutality and intimidation,...Read More
"How could disruption fundamentally change the extraction, exploration, and #mininginvestment landscape? Read part 1 of the #MiningDisrupted series https://t.co/UwTZQtEkOM https://t.co/XaC6RkuLAz"Read full newsRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced its financial results for the three months ("Q3 FY18") and nine months ("YTD") ended September 30, 2018."While our revenue growth for Q3 was 24% relative to the comparative quarter last year, I anticipate the year-end annual sales growth to be in the range of 50% to 60%," said Paul Antoni...Read More
By Daniel CookPart 2: It's Only Natural...Every mining company has the same problem, they've got to replenish their inventory every year. That means if they're mining 100,000 ounces of gold annually they need to discover at least 100,000 ounces every year to stay afloat. Analysts and investors demand it and watch these inventory levels closely.Did you know SSR Mining's most profitable operation co...Read More
Drilling Belmont's Kibby Basin lithium prospect in Nevada. Source Belmont Resources Inc.Belmont Resources Inc. [BEA-TSXV, L3L1-FSE] said Thursday November 22 that it is poised to commence drilling at its Kibby Basin lithium brine project in Nevada, likely after the Thanksgiving holiday.The company said drill hole KB-4 will target a prominent structure within the large MT (magnetotelluric) anomaly...Read More
Drilling NexGen Energy's Rook 1 property in the Saskatchewan's Athabasca Basin. Source: NexGen Energy Ltd.NexGen Energy Ltd. [NXE-TSX, NYSE] on Thursday November 22 released geotechnical and radioactivity results for 29 drill holes that targeted the company's 100%-owned Rook 1 uranium property in northern Saskatchewan's Athabasca Basin.The announcement follows a prediction by Uranium Energy Corp....Read More
Mirasol Resources (TSXV: MRZ; US-OTC: MRZLF) is about to do something it doesn't do often: drill one of its own projects.The Argentina and Chile focused precious metals project generator is in the middle of a $4.5 million exploration initiative at its gold-silver-copper projects in Chile and Nico gold-silver project in Argentina. It intends to spend $1.51 million exploring Nico alone, which it's c...Read More
Drilling company Foraco International (TSX: FAR) has reported that a terrorist attack at its camp in Toumour Village in Niger's remote southeast has left 8 people dead and five wounded.The company said that at around 2 AM on Nov. 22, a group of terrorists attacked a small building where a Foraco team was sleeping and killed seven Foraco personnel and one civil servant. Five other employees were wo...Read More
Scrolling through the website of Lightbox Jewelry soon after its launch in late September, three things jump out at you.First, the website declares its product is lab-grown diamonds.Second, the pricing is consistent, regardless of the colour of the synthetic diamonds on offer (white, pink or blue) and surprisingly low. It also increases proportionally with size.And third, there are no rings for sa...Read More
Precious metals streaming and royalty company Maverix Metals (TSXV: MMX) forecasts it will exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces.In the third quarter, Maverix recorded attributable gold-equivalent ounces sold of 6,195 ounces, and in the nine months ended Sept. 30, the company's total attributable gold-equivalent production reached 15,236 o...Read More
Star Diamond (TSX: DIAM), formerly Shore Gold, has received approval for its Star-Orion South diamond project from Saskatchewan's environment minister. The project is located near Fort ? la Corne, in the central part of the province.The federal environment assessment agency announced its positive decision in December 2014. Additional permit approvals from the provincial and certain municipalities...Read More
Delrey Metals (CNSX: DLRY) has finished its $165,000 phase one exploration program at its Sunset cobalt-copper-zinc property in southwest British Columbia.In September 2018, the company took 708 soil samples at Sunset, as well as 68 rock samples and 11 stream sediment samples. The company had previously collected 436 soil samples at Sunset, and a previous operator collected 938 soil samples. As a...Read More
An ore shortage in the first half of the year and a challenging underground ramp-up at its Renard mine led Stornoway Diamond (TSX: SWY) to close a $129-million financing in October. But Stornoway president and CEO Matt Manson says that all the pieces are now in place, and the company is set to be cash-flow positive in 2019.Stornoway achieved commercial production at Renard, in north-central Quebec...Read More
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports.The company recently completed its 41,000-metre step-out and infill drill program for 2018, and assays include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold over 10 metres from 134 metres d...Read More
Long-serving Australian Shareholders Association representative Len Roy applauded NRW's recovery from that period at the company's latest annual general meeting, citing a "60-times uplift in mar...Read More
The North Gauteng High Court ruled in favour of the Amadiba Crisis Committee, which had been fighting against MRC's subsidiary Transword Energy and Mineral Resources obtaining mining rights to mine titanium in the village of Xolobeni on South Africa's south-west coast.MRC was proposing openpit mining operatipns on 900 hectares of land, including wet separation plants, slimes dams, tailings dams an...Read More
I still remember the first time I had "The Nightmare"...When I was around three years old, I was living in a haunted old farmhouse in Maryland. We had a barn, a few horses, and a couple of crabapple trees. The floors creaked, the walls bowed, and the trees scratched the windows menacingly with their quivering claw hands.When I went to sleep, I was often scared.The basement - which I had only dared...Read More
The company was understood to be seeking additional funds from its lending syndicate, led by the Commonwealth Bank of Australia just weeks after an emergency A$100 million capital raising ...Read More