The exploration camp for IDM Mining's development stage Red Mountain gold project east of Stewart, northwest British Columbia. Photo by Ellsworth Dickson.IDM Mining Ltd. [IDM-TSXV; IDMMF-OTCQB] said Wednesday November 21 that it has expanded the underground drilling program at its development stage Red Mountain gold project east of Stewart, northwest British Columbia.The company said it has added...Read More
Exploration activities at the Pebble Project in Alaska. Source: Northern Dynasty Minerals Ltd.Northern Dynasty Minerals Ltd. [NDM-TSX; NAK-NYSE] shares advanced on Wednesday November 21 after the company declared a small win in its fight to develop the giant Pebble gold-copper project in Alaska.The company said its Pebble Limited Partnership (PLP) subsidiary has finalized a right-of-way agreement...Read More
Old King Coal was a dirty old soul, and a merry old soul was he... until a decade ago.I know my readers know this tale better than most.In 2008, coal, natural gas, and petroleum accounted for more than 83% of our total energy consumption.Coal and oil, however, held very similar monopolies on two sectors: transportation and electric power.Approximately 91% of our coal consumption was for electricit...Read More
By Tina LetoThe odds seem to be against uranium. Fukushima's nuclear power plant is still disabled; the U.S. Supreme Court seems to be leaning towards staying Virginia's moratorium on uranium mining, and projects such as Berkeley Energ?-a's Salamanca mine in Spain are facing major opposition.So, why mine uranium and why now?The answer is quite simple, actually. There is increased demand, and, afte...Read More
In July, Dunnedin Ventures (TSXV: DVI) announced the discovery of a new kimberlite pipe on its Kahuna project in Nunavut.The KH10-11 pipe was tested with a rotary air-blast drill hole to 112 metres depth, ending in kimberlite. Diamond results from KH10-11, which the company notes contained garnets and possible mantle xenoliths in about 100 metres of continuous kimberlite, were pending at press tim...Read More
IDM Mining (TSXV: IDM; US-OTC: IDMMF) has added a third underground drill at its Red Mountain underground gold-silver project, east of Stewart, British Columbia. The company has increased its drill program by 5,400 metres; it will now drill 13,000 metres across 54 holes.With its 2018 drilling, the company is testing various zones at Red Mountain, including the northern and western extensions of th...Read More
Following up on last year's discovery of the diamond-bearing ML8 kimberlite at its Mel project in Nunavut, North Arrow Minerals (TSXV: NAR) completed the first ever exploration drilling campaign at the project.Six holes totalling 787.5 metres were completed, with five intersecting kimberlite.Drilling at ML8 extended its strike length to more than 170 metres. Three holes tested the kimberlite, inte...Read More
Any new diamond exploration venture that gets off the ground these days is a notable one.Indeed, Bruce Counts, the CEO of Lithoquest Diamonds (TSXV: LDI), was involved with private company Proxima Diamonds, an explorer focused on the Slave Craton in the Northwest Territories that was planning to launch publicly in 2014."Unfortunately, the timing wasn't great," Counts says, and the public listing d...Read More
The U.S. southwestern states continue to be a hotbed of junior activity in exploration, development and mining, with gold, silver, copper and lithium still the targets of choice. The following is a sampling of seven such companies with active programs in the region.AMERICAN PACIFIC MININGAmerican Pacific Mining (CSE: USGD) describes itself as a new gold explorer focused on precious metal opportuni...Read More
While the world's commodity markets and the broader stock markets weather a jittery season of lower lows and seething dread, there is one relatively obscure metal that is doing just fine, thank you: vanadium.The minor metal that is a key ingredient in advanced steelmaking is seeing record price highs as we go to press in mid-November.Three-year chart of vanadium pentoxide price in US$ per pound. C...Read More
We all know Thanksgiving is a time to come together with family and friends to stuff our faces full of turkey and pie.But it's also a time for extremely awkward table conversation and questions from family members you don't see all that often.Instead of discussing porn stars, caravans, gender politics, or the recent election...You should take this time to make sure your family knows about vanadium...Read More
The government has accused large-scale gold mining companies of under declaring their gold output. While numerous challenges are facing the mining sector, including foreign currency shortages resulting in some mines closing down and others downsizing, it was critical for companies to be truthful, the Deputy Minister of Mines and Mining Development, Polite Kambamura has said. Read full newsRead More
"IDM Mining Announces Closing of Second Tranche of Non-Brokered Private Placement for Gross Proceeds of $2.45 Million https://t.co/4XYcL2O9an #investing @IDMMining"Read full newsRead More
"Why are #BritishColumbia, #Ontario, #Saskatchewan, #NorthwestTerritories and #Nevada the most secure choice for #mininginvestors? Find out in the #MiningJournal #WorldRiskReport: https://t.co/iXlsSr9ABt #mining"Read full newsRead More
"Its time the medical industry advances to 2018! Read more about Diagnos and its AI Approach on Diabetic detection (which affects over 420m people) https://t.co/wuHrcWc3dc $ADK #Diagnos @DiagnosInc #AI #eyehealth #Diabetes #Retina #health #medicalAI $GOOG"Read full newsRead More
CloseGain/LossGold $1222.40-$0.80Silver$14.32-$0.10XAU65.17-0.81%HUI147.19-0.73%GDM538.38-0.32%JSE Gold1143.65+2.03USD96.81+0.60Euro113.68-0.82Yen88.76UNCHOil$53.43-$3.7710-Year3.056%+0.003T-Bond139.90625+0.125Dow24465.64-2.21%Nasdaq6908.82-1.70%S&P2641.89-1.82% The Metals: Gold chopped near unchanged in Asia before it climbed up to $1228.70 in London and then dropped to a new session low...Read More
Asset management firm Fasanara Capital compared stock valuations to bitcoin in that "it is totally disconnected from fundamentals," its chief executive told CNBCImpending tipping point for markets is due to a synchronicity of enterprise overvaluation, high indebtedness, low cash balances and a drawback in public flowsStill, a major selloff hasn't arrived, and many market-watchers continue to...Read More
Gold and silver are steady. There is good demand for physical gold in China and ASEAN nations. Prices of gold and silver are low in Asia due to a stronger currency against the US dollar. People are taking advantage of stronger currency to buy gold. There will be sudden one way moves in bullion anytime till Friday. Asian markets and Asian traders do not sleep on US holidays. Silver demand is supe...Read More
It's not different this time, it never has been. The historical script: Bulls take everything to ever more extremes and keep raising target prices along the way ignoring the technical charts ...Read full newsRead More