Mr. Derek White reportsASCOT INCREASES TOTAL GOLD RESOURCES AT THE PREMIER-DILWORTH PROPERTIES IN BRITISH COLUMBIAAscot Resources Ltd. has releasedan updated National Instrument 43-101 resource estimate for its flagship Premier-Dilworth property in British Columbia's Golden Triangle. The additional resource includes high-grade zones from the Premier and Northern Lights area, which were modelled us...Read More
Mr. Brett Heath of Metalla reportsMETALLA ANNOUNCES FRIENDLY ACQUISITION OF VALGOLD AND ROYALTY ON THE GARRISON PROJECTMetalla Royalty and Streaming Ltd.and Valgold Resources Ltd. have entered into a definitive arrangement agreement whereby Metalla will acquire all of the issued and outstanding common shares of Valgold. Under the terms of the arrangement agreement, all of Valgold's issued and outs...Read More
Dual-listed Dalradian Resources (TSX:DNA) (LON:DALR) published Thursday a resource update for its Curraghinalt gold project in Northern Ireland showing a 46% increase in gold ounces and a 32% increase in inferred gold ounces when compared to the previous feasibility study from 2016.Inferred resources rose by 32% to 3.0 million ounces of gold in 7.7 million tonnes of ore with a grade of 12.2 grams...Read More
JOHANNESBURG, May 10 (Reuters) - South Africa's mining and manufacturing industries contracted in March as policy uncertainty and lukewarm demand weighed on output, threatening to reverse a fragile economic rebound.Mining production in March suffered its sharpest fall in two years and industrial output dropped, Statistics South Africa data showed on Thursday, prompting concerns that gross domestic...Read More
Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More
Is China catching up?Read full newsRead More
Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More
Shares in Erdene Resource (TSX:ERD), one of the very few companies that has successfully navigated Mongolia's ever-changing policies on foreign mining investment, were off to the races on Thursday after the miner bumped up mineral resource estimates for its Altan Nar gold-polymetallic project in Mongolia.The Canadian miner said indicated and inferred gold equivalent resources had increased by who...Read More
Bad news from South Africa's platinum belt has pushed shares of the world's No. 2 producer of the metal to the lowest since 1999.Impala Platinum Holdings Ltd. has dropped more than 40 percent this year as investors fret over glitches at its Rustenburg operations and cost ratios that compare unfavorably with some peers. The biggest producer after Anglo American Platinum Ltd. on April 26 cut its pro...Read More
Barrick Gold, Randgold Resources, Newmont Mining, Freeport McMoran and Goldcorp all make the short list for stocks to consider in this commodity segment -- but which of them are best positioned to prosper?Read full newsRead More
A major lawsuit against gold mining companies in South Africa is gaining global attention. Tens of thousands of miners will now receive a portion of a $400 million settlement. They're suffering from a deadly lung disease called silicosis from inhaling dangerous dust while working underground for decades. CBS News foreign correspondent Debora Patta talked to one former gold miner in a truly hea...Read More
Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More
Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More
Anglo American's De Beers said Thursday it had successfully tracked its first diamonds all the way from its mines to jewellery retailers using blockchain technology, in an effort to clear up the supply chain form synthetics and conflict stones.The world's largest rough diamond producer by value, which began developing the tracking platform last year, said it was able to follow 100 high-value stone...Read More
Anglo American's De Beers said Thursday it had successfully tracked its first diamonds all the way from its mines to jewellery retailers using blockchain technology, in an effort to clear up the supply chain form synthetics and conflict stones.The world's largest rough diamond producer by value, which began developing the tracking platform last year, said it was able to follow 100 high-value stone...Read More
Zinc's fall from more than US$1.60 a pound three months ago to less than $1.40/lb earlier this week is a sign that the market for the metal is stabilising and while there could be a little more oomph in zinc a return to higher prices could also be a trap for investors betting on a return to near-boom conditions.Tim Treadgold World zinc mine production could top 13 million tonnes for the first time...Read More
Hard rock lithium deposits are going to fill the demand as they are more evenly geographically distributed across the globe and are less dependant on a changing climate for production than lithium brine production. They are more and more filling the supply gap.According the United State Geological Survey's 2018 Mineral Commodity Summaries, Australia was the largest producer of lithium. It produc...Read More
This year has been a great year for commodities, most notably gold, base metals and oil. It hasn't been so great for silver, silver miners, or investors in the white metal, however. While gold has remained flat since the start of 2018 and oil has surged by 19%, silver has declined by 3%.Nonetheless, there are signs that the outlook for silver is improving, and one of the best ways to gain exposure...Read More
Tesla bank creditors have forced the Company to add its Fremont manufacturing factory to the pool of assets which secure Tesla's $1.8 billion credit facility. The cover story is that the banks "suggested" that Tesla add the additional collateral to support the asset base underlying the bank. However, that's unmitigated propaganda.Banks have access to the inside books at companies to which they...Read More
Rio Tinto is closer than ever to deciding if it wants to bring its 2004 Jadar lithium and borates discovery in Serbia into production.Barry FitzGerald*Jadar in Serbia ... In a big field of new lithium supply candidates10 MAY 201810/05/2018commentsshare Rio's Ventures unit - charged with taking the company sans a coal division in to new business areas - has a prefeasibility study into Jadar's devel...Read More