CASPER, Wyo. (AP) — A 300-ft. mining tunnel in central Wyoming that was abandoned soon after its construction in 1868 is being opened to the public. The Casper Star-Tribune reported that the horizontal tunnel carved into rock on a hillside at South Pass City State Historic Site opened for tours Sept 1.Read full newsRead More
Large chunks of gold-encrusted quartz mined from Western Australia are headed to the collector market, according to Mark Selby, president of RNC Minerals.Read full newsRead More
"Japan Gold Granted Prospecting Rights at its Ohra-Takamine Project in the Southern Kyushu Epithermal Gold Province, Japan https://t.co/5OqPq7wwOX"Read full newsRead More
"Huge: Standard #Lithium Provides Processing And Pilot Plant Update - ?EUR?A lithium extraction Mini-Pilot Plant has been operated continuously for long durations, and has demonstrated that lithium can be selectively extracted from raw Smackover brine."$SLL.Vhttps://t.co/B3SL1S0ER8"Read full newsRead More
"Troilus Gold Corp. Intersects 1.34g/t AuEq Over 34 Metres, Including 2.01 g/t AuEq Over 6 Metres Below Z87 Open Pit on Troilus Property, Quebec https://t.co/vT2tbkrwkr"Read full newsRead More
JOHANNESBURG Sept 13 (Reuters) - South Africa's Impala Platinum (Implats) is confident of having adequate cash while restructuring its operations and cutting its workforce despite reporting a wider full-year loss on Thursday.Implats plans to cut about a third of its staff - more than 13,000 jobs - over two years at its labour-intensive, conventional operations in the Rustenburg platinum belt.The n...Read More
LIMA, Sept 13 (Reuters) - South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona gold mine in Peru through 2040 with an investment of at least $240 million, the company's vice president for the Americas said late on Wednesday."We're doing studies with Peruvian consulting firms and international engineering companies to extend the life of Cerro Corona until 2040," Luis Rive...Read More
Japanese trading Mitsubishi and Sumitomo are said to be interested in becoming a partner of Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) at Canada's largest diversified miner's Quebrada Blanca copper mine in northern Chile.Teck, which last month received regulatory approval for a $4.8-billion extension of the mine, has been looking for a development partner that could invest $2billion for up...Read More
Last week, 2.4 million pounds of uranium changed hands according to industry consultant TradeTech.At $26.70/lb, the uranium spot price reached a 2-year high and at that price, it meant roughly $64 million dollars changed hands over uranium.All of this comes after the price appeared to have bottomed out after dropping to $18.00/lb in November 2016 and having seen a steady rise since, including gain...Read More
Paris, September 13, 2018 - Total, the 4th largest international energy company has been awarded a 4-year contract with Newcrest's Lihir Gold Mine in Papua New-Guinea (PNG), following a competitive tender process that began last November.During the term of the contract, Total will be supplying 14 million litres of lubricants to the 6th largest gold mine in the world with a production of more than...Read More
SARAJEVO, Sept 13 (Reuters) - Aluminij Mostar, Bosnia's sole aluminium smelter, is at risk from high alumina and electricity prices and only urgent government intervention can help it stay on line, its general manager said on Thursday.Heavily-indebted and loss-making Aluminij, which is among Bosnia's top exporters, has narrowly avoided closure several times. In June, its debt stood at 343 million...Read More
Sept 13 (Reuters) - Belgium's Umicore will invest over 1.38 billion zlotys ($372 million) in its new plant in Poland manufacturing cathode materials used in electric vehicles (EVs), Poland's Ministry of Entrepreneurship and Technology said on Thursday.The plant, located in Nysa in southern Poland, is the first of its kind built by Umicore in Europe and comes as the European Union is trying to deve...Read More
Anglo American's De Beers said Thursday it had completed the acquisition of Peregrine Diamonds, the company behind the Chidliak project in the Canadian territory of Nunavut, as the world's largest roughs producer by value needs to replace its closing mines in the country.The C$107 million-deal ($82m), announced in July, extends De Beer's footprint in Canada's frozen north beyond the Gahcho Ku?(C)...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), a direct-sales retailer of children's apparel, is pleased to announce that it intends to complete a non-brokered private placement of up to 2,500,000 units ("Units") for aggregate gross proceeds of approximately $500,000 (the "Private Placement"). The Company intends to use the proceeds from the P...Read More
Australia's Kidman Resources (ASX: KDR) and Chilean partner SQM (NYSE: SQM) may lose their right to develop their Mount Holland lithium project in West Australia after a ruling issued by a unit of the state government in charge of mining leases.On Wednesday, West Australia's Warden's Court urged Mines Minister Bill Johnston to refuse Kidman's request to be exempt from minimum expenditure obligatio...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce its latest packaging collection with the official launch of one of North America's largest assortments of plant-based fresh herb and microgreen containers.With the holiday entertaining season just around the corner, herb and leafy green growers are anticipating their regular spike...Read More
The spot price of gold has failed to gain any momentum as we come into the final days of summer. A strong dollar and a booming economy south of the border has buried the yellow metal for much of the year. Silver prices have fared even worse. The spot price of silver hit a more than two-year low as it dropped below $15 in July and August.Back in May, I'd discussed why June would be a big month for...Read More
As a generally cautious investor, I have always believed that gold should play a role in a portfolio. But times have been tough over the past few years for holders of the precious metal. Even one of my best performers, Franco Nevada (TSX:FNV)(NYSE:FNV), has fallen substantially over the past few months. The terrible performance has left me shaking my head wondering if I should continue to hold t...Read More
"The housing market is 100% a function of the Fed's money printing. Half the money the Fed printed, $2.2 trillion, went directly into the housing market."Analysts and financial media meatheads look at the $4.5 trillion created by the Fed and truly believe that it wasn't money printing because it's "backed" by Treasury bonds and mortgages. But this is pure ignorance. Not taken into considerat...Read More
The ATAC Resources team. Left to right, Doug Gross, Chairman, Julia Lane, VP Exploration, Ian Talbot, COO, Ed Cope, Technical Advisor, and Graham Downs, President and CEO. Source: ATAC Resources Ltd.ATAC Resources Ltd. [ATC-TSXV] has released additional results from the Sunrise and Conrad deposit expansion program within the Osiris Project located at its Rackla gold property in the Yukon.It has be...Read More