PARIS, Feb 20 (Reuters) - Eramet Chief Executive Christel Bories said on Tuesday that the French mining group is looking to expand in minerals like cobalt, lithium and nickel salts linked to energy transition markets like electric vehicles.Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit in Argentina, she said."We're in a phase of studying opportunitie...Read More
LONDON (Reuters) - African miner Randgold Resources (RRS.L) is looking to make its first acquisition outside its home continent in North and South America to diversify its portfolio of assets, its chief executive Mark Bristow told Reuters.The London-listed miner has invested throughout the commodity price downturn, generated cash and steadily increased dividends while rivals have been struggling w...Read More
An auction for the $2 billion Michiquillay copper project in Peru attracted 10 interested companies according to Peru's government investment agency Proinversi??n with Southern Copper Corp declared the winner on Tuesday .Reuters reports Southern Copper won the tender with a proposal to transfer $400 million to the government and pay 3% royalties. Southern Copper is controlled by conglomerate Grup...Read More
Andrew Adcock, chief marketing officer at the crowdfunding platform 'Crowd for Angels', tells Proactive's Andrew Scott they're looking to raise up to ?50mln through a 4%, 5 year bond issue with an associated token offering.The 'ANGEL' tokens are being offered to investors at no cost as a reward for investing in the bonds.Adcock says the bond & token offer is a unique opportunity - providing b...Read More
Mr. John Burzynski reportsOSISKO MINING INC. FILES EARLY WARNING REPORT Osisko Mining Inc. has filed an early earning report in respect of Canadian Orebodies Inc. as a result of the expiry of 3,231,250 warrants to purchase common shares in the capital of Canadian Orebodies held by the corporation.Immediately prior to the expiration of warrants, Osisko had ownership or control, directly or indirect...Read More
Mr. Sean Roosen reportsOSISKO GOLD ROYALTIES REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTSOsisko Gold Royalties Ltd. has released its results for the fourth quarter and full year 2017 and provided its 2018 guidance. Sean Roosen, chair of the board and chief executive officer, commented on the 2017 performance: "Two thousand seventeen has been a transformational year for Osisko with the acquisi...Read More
Shares in NovaGold Resources (TSX: NG) got a boost Tuesday morning after the miner said that 2017 drilling results for its flagship Donlin project in Alaska, which is being developed in a 50-50 partnership with Barrick Gold (TSX, NYSE:ABX), unveiled higher gold grades than predicted by previous modeling.After completing a total of 16 core holes, the Canadian miner said it Intercepted distinct sig...Read More
Mr. Michael Allen reportsNORTHERN EMPIRE INTERSECTS 7.92 METERS OF 6.07 G/T GOLD AT NEW HIGH-GRADE, NEAR-SURFACE ZONE AT THE STERLING MINE IN NEVADA; EXPANDS PROPERTY TO 141 SQUARE KILOMETERSNorthern Empire Resources Corp. has released drill results from the company's 100-per-cent-owned Sterling mine located in Nye county, Nevada. STERLING DRILL RESULTSHole IDFrom (m)To (m) Interval (m)Au (g/t)*ST...Read More
AngloGold Ashanti Ltd. will reopen its idled Obuasi mine after Ghana approved a plan to redevelop the asset as a more profitable, mechanized operation.Obuasi, which for years battled incursions by illegal miners, is expected to start gold production by the third quarter of 2019, AngloGold said in a statement Tuesday. The initial cost of the project will be $450 million to $500 million over the fir...Read More
But Bitcoin could be so much more than digital gold.Read full newsRead More
Toyota Motor Corp, Asia's No.1 carmaker, has found a way to make electric vehicles (EVs) more affordable and less vulnerable to shortages in supply of the key elements needed to produce the rechargeable batteries that power them.The key for such new wave of EVs is a magnet for electric motors developed by the Japanese firm, which halves the use of a rare earth called neodymium and eliminates the u...Read More
When off-the-road tires (aka OTR) get damaged by rocks, nails, pipes or by something else at a mining site in Canada, they then have to travel hundreds of miles to be repaired either from a non-structural to a structural point of view, depending on the injury.MINING.com toured Kal Tire's Retread facility in Kamloops, British Columbia. Founded 40 years in the B.C. interior, Kal Tire is a major supp...Read More
The federal minister for Indigenous Relations and Northern Affairs has signed off on a new mining project near Baker Lake, Nunavut.Agnico Eagle's Whale Tail project is an open-pit gold mine, expected to operate for three to four years, starting next year.It will be connected to the company'Read full newsRead More
If you have a few million to spare, Sotheby's International Realty has posted a reduced price for a gold mine in northern Scottsdale.Read full newsRead More
* Kochang mine addedRead full newsRead More
Queries have been raised over a gold mining project at Magambazi in Handeni district, Tanga region.Read full newsRead More
PERTH, Australia, Feb. 19, 2018 (GLOBE NEWSWIRE) - Perseus Mining Limited (ASX:PRU) (TSX:PRU) is pleased to advise that: Performance tests at Sissingu?(C) to verify the construction contractor's warranted operating capabilities of the crusher and SAG mill have been passed and the Sissingu?(C) plant is now running consistently at or above name-plate run times and throughput rates. ...Read full n...Read More
China's Shandong Gold Mining Co Ltd and Zijin Mining Group Co Ltd are in separate talks with Acacia Mining Plc to form a joint venture for the London-listed company's gold mines in Tanzania, three people familiar with the matter told Reuters.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index rebounded strongly from its steep 5.8% two-week decline. The Index bolted a respectable 45 points or 3.6% higher. That performance beat the TSX which rose 2.8% and only slightly lagged the Dow Jones Industrial Index which rose 4.25%, two major ind...Read More
But Bitcoin could be so much more than digital gold.Read full newsRead More