Vered Toledo, chief operating officer of Shefa Yamim (ATM) (LON:SEFA), talks to Proactive about the ongoing bulk sampling at Kishon Mid-Reach in Israel, where the unique Carmel sapphire has been prevalent so far.Fourteen samples have been taken from zone 1 at the alluvial deposit, of which two are left to be processed, she said.Once that is done, the company will process samples from zone 2.Toledo...Read More
Rosy Mondin, CEO of Quadron Cannatech Corporation (CSE:QCC) was recently featured in an exclusive interview by New Cannabis Ventures for readers to learn more about Quadron Cannatech, its current subsidiaries and future milestones for 2018.See below for excerpt and link to the article.In addition to its subsidiaries, Quadron is forming strategic partnerships with other companies in the industr...Read More
Royal Road Minerals (CVE:RVR) CEO Tim Coughlin tells Proactive Investors that the company's most intense exploration activity right now is at its Golden Triangle Project in Nicaragua, where he says some "pretty exciting" discoveries have led the focus away from vein-style mineralization and on to what he says may be the source of those veins.Coughlin also says Royal Road will focus its drill atten...Read More
Mr. John Anderson reports TRIUMPH GOLD MOBILIZES CREW FOR PHASE 1 DRILLING ON FREEGOLD MOUNTAIN PROJECT, YTTriumph Gold Corp. has dispatched a field crew to the Freegold Mountain property to execute a 1,900-metre diamond drill program targeting the newly discovered porphyry system in the Keirsten zone (see press release No.17-13). Porphyry related mineralization was first discovered in the Keirste...Read More
Mark Scanlon, chief executive of Personal Group Holdings plc (LON:PGH), caught up with Proactive to discuss their preliminary results for the year to the end of December 2017.2017's been described as a 'strong' year across much of the Group's operations with underlying earnings (EBITDA) of ?10.8m - a touch ahead of market expectations.Looking ahead Scanlon says the key for them this year will be...Read More
Shares in Canada's First Quantum Minerals (TSX:FM) rebounded slightly on Wednesday, dodging what was about to become their worst two-day drop in almost two years after its chief executive said he was ready to dispute a $7.9 billion bill for alleged unpaid import duties in Zambia.Talking to investors and media during a call conference, Philip Pascall said his company refuted the charge and would wo...Read More
Leo Koot, executive chairman of Columbus Energy PLC (LON:CERP), discusses with Proactive the restructuring of the Beach Oilfield Limited (BOLT) transaction in the South West Peninsula of Trinidad.''Up until now we've been focused on Goudron and Goudron production ... this deal gives us the opportunity to allow Goudron to do what it does ... but the big growth is in this deal in the South West Peni...Read More
Canada-listed Fura Gems (TSX-V:FUR), a new gemstone mining and marketing company headed by the former COO of Gemfields (LON:GEM), has kicked off initial production at its Coscuez emerald mine in Colombia.The early output of 1,720 carats of emeralds, including 826 carats of top quality ones, was achieved through a bulk-sampling program carried out within eight weeks of the completing the acquisiti...Read More
Indonesia's state mining holding company, PT Inalum, expects to reach an agreement soon on bank financing to buy a controlling stake in the local unit of Freeport McMoran Inc, the holding company's chief executive said on Wednesday.Indonesia and Freeport have agreed in principle that the U.S. miner would divest 51 percent of its local unit with funding provided by Inalum for the purchase of the ri...Read More
British Columbia's ministries of environment and energy have issued an environmental assessment certificate to BURNCO Rock Products' 70-hectare sand, gravel and rock mine, located on the northwest shore of Howe Sound.Known as the BURNCO project, the mine sits approximately 22 kilometres southwest of Squamish and on the traditional territories of the Squamish Nation, Tsleil Waututh Nation, and Musq...Read More
A gold mining company is donating $275,000 to help build a vocational and technical education center for Cripple Creek-Victor School District RE-1.Read full newsRead More
Dynasty Gold Congratulates Hecla Mining on Acquisition of Klondex Gold Mines in the Midas Gold Camp, NevadaVancouver, British Columbia (FSCwire) - Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) (Read full newsRead More
We recognize that we can’t predict the price of gold. Rather, we view gold mining companies the same way we look at any extractive industry:Read full newsRead More
Dynasty Gold Congratulates Hecla Mining on Acquisition of Klondex Gold Mines in the Midas Gold Camp, NevadaVancouver, British Columbia (FSCwire) - Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) (Read full newsRead More
It's very important for gold, bond, and stock market investors to stay focused on the main fundamental price drivers and ignore what may feel exciting but is largely irrelevant to price discovery. Citizen demand from China/India and US central bank policy are the main price drivers for gold.From 1960 to 1980, US recessions were generally inflationary, and the Fed raised rates during that period....Read More
Last year was a great year for copper and zinc producers. Copper price surged by 30% to US$3.27 a pound in 2017, reaching a four-year high. The copper price has gained more than 50% in value since hitting a multi-year low at the beginning of 2016.The rally for zinc has been even more spectacular, ending 2017 at a decade high of US$3,330 a tonne. The zinc price has more than doubled since it hit bo...Read More
BHP (AU:BHP) had a positive day in Australian trade after telling a Global Iron Ore and Steel Forecast conference in Perth that emerging Asia would drive steel demand.Staff reporterMajor project nearing approval21 MARCH 201821/03/2018commentsshareWestern Australia iron ore asset president Edgar Basto said the company's South Flank iron ore project was scheduled to be submitted for board approval m...Read More
Last year, Blackheath Resources (BHR.V) completed an additional drill hole at the Santa Helena breccia, part of the Borralha tungsten project. This hole was drilled approximately 100 meters south of hole 8A where assay results revealed an interval of 118 meters containing 0.29% WO3.Hole BO17 entered mineralization at a depth of just 5 meters and intersected a wide interval of 157 meters at 0.17% W...Read More
CRU lead, zinc and precious metals research manager Ryan Cochrane presented at the CRU Metals in the Future 2018 conference this week, talking about investment opportunities posed by the four main base metals - nickel, copper, zinc and lead.Staff reporter Ryan Cochrane and CRU see zinc prices continuing their run until the middle of the yearCRU Group21 MARCH 201821/03/2018commentsshare Mining Jour...Read More
Much has been made of the world's vast lithium resources during the slow realisation that the electric-vehicle (EV) story had both a supply and demand side. However, China, the world's largest consumer of lithium, has no plans to ease up on its efforts to lock in supply, regardless of how much is on offer. China's progressive attempt to gain control over its lithium supply21 MARCH 201821/03/20...Read More