Garibaldi Resources Popular junior mining stock Garibaldi Resources receives some harsh comments from Brent Cook at the 2018 Vancouver Resource Investment Conference. At the Vancouver Resource Inve...Read full newsRead More
FTSE 100 closes 54 points lowerHousebuilders slump on land-banking regulation fearsCapita caves after shock profit warningFTSE 100 ended Wednesday around 54 points lower at 7,533 as housebuilders weighed on the top tier index and the pound firmed.It comes as, in the latest twist to the Brexit saga, confidential analysis for the UK government suggests the UK will be worse off under all plausible sc...Read More
Capita PLC (LON:CPI) isn't the only FTSE 250 company to have taken a battering today.Broadband and telephone provider Talktalk Telecom Group PLC (LON:TALK) is down almost 10% to 118p after analysts at Exane BNP Paribas cut their price to target price to 90p (from 140p).They argue that broadband customers are increasingly price sensitive - i.e. looking for bargains - which is putting pressure on ma...Read More
Mr. Robert Carrington reportsNEWRANGE GOLD REPORTS LAST DRILL RESULTS FOR 2017 AND START OF 2018 DRILLING AT PAMLICO GOLD PROJECT, NEVADANewrange Gold Corp. has released final drill results for holes P17-33 through P17-40, the last eight holes from the 2017 Pamlico phase II drill program. Drill holes P17-33, 34 and 35 all contain significant oxide gold intercepts that confirm and extend high-grade...Read More
Steve Hughes, VP of exploration at Asiamet Resources Limited (LON:ARS), tells Proactive's Andrew Scott they're expecting to deliver a maiden resource estimate for their BKZ polymetallic prospect in May.Hughes says the asset, located in Central Kalimantan, Indonesia, has continued to yield near-surface base and precious metal-rich mineralisation.To date Asiamet has completed 27 of the 35 planned ho...Read More
Macarthur Minerals Limited (TSXV:MMS) (the "Company" or "Macarthur Minerals") is pleased to announce it has acquired 100% of granted exploration license E45/4685 covering an area of 35 square kilometers in the Pilbara region of Western Australia ("Tenement"), as previously announced on November 6, 2017. The Tenement forms part of the Company's Hillside Gold Project.Read full newsRead More
Michael McNeilly, chief executive of Metal Tiger PLC (LON:MTR) tells Proactive the completed Pre-Feasibility Study on their joint venture project with partner MOD Resources Limited (ASX:MOD) in the Kalahari Copper Belt in Botswana for the T3 Open-Pit looks "very robust".He adds the PFS found that T3 offers a low-risk, low capital pathway to copper production.MOD Resources owns 70% of the Botswana...Read More
Shares in Canada's Ivanhoe Mines fell sharply on Wednesday after lawmakers in the Democratic Republic of Congo, where Ivanhoe is advancing two major projects, voted in favour of new mining laws that immediately lifts a provision which exempted licence holders from compliance with the new code for 10 years.Ivanhoe Mines, headed by billionaire mining financier Robert Friedland, ended down 11.3% on t...Read More
CEO Insights from the Vancouver Resource Investment Conference: Chilean Metals, Golden Predator, Falco Resources, Newrange Gold, Viva GoldRead full newsRead More
Miners and explorers knew that the Democratic Republic of Congo would be raising taxes and royalties, but were blindsided on Wednesday when lawmakers of the country voted in favour of an immediate lifting of a provision exempting licence holders of compliance with the new code for 10 years.That means mines and projects run by companies including Glencore, Randgold Resources, China Molybdenum, Eura...Read More
Mr. Jean Martineau reportsDYNACOR RECEIVES COMMUNITY APPROVAL TO DRILL TEST TUMIPAMPADynacor Gold Mines Inc. has received community approval to drill test the disseminated zone of its flagship gold project, Tumipampa. Dynacor will now apply for the exploration permit from the Ministry of Energy and Mines. The corporation is preparing a drilling campaign of the high-priority targets immediately aft...Read More
In recent years, two major copper mine proposals in B.C. - New Prosperity and Ajax - have been rejected by government, either largely or partly due to First Nations opposition.What gets less publicity are mines that have been built with the support and co-operation of First Nations - Red Chris and Brucejack being among the most recent examples.At last week's Association for Mineral Exploration (AM...Read More
Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister last week, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing "irrational production."Riyadh-based Al Rajhi Capital dug into the financials of a long list of U.S. shale companies, and found that "despite rising prices...Read More
Ram Venkat, non-executive director at Metminco Ltd (ASX: MNC)(LON:MNC), tells Proactive they've submitted a plan of works to the Colombian Mining Agency for the Miraflores gold project.The plan follows Metminco's announcement last year that it had established a reserve of 457,000 ounces of gold and 385,000 ounces of silver at Miraflores. Meet Reward Minerals Ltd, Recce Ltd, Rimfire Pacific M...Read More
Mr. Robert Willis reportsSAN MARCO ANNOUNCES EXECUTIVE APPOINTMENT AND WARRANT EXERCISESan Marco Resources Inc. has appointed ChristianGrijalva as vice-president of San Marco and San Marco Resources, Mexico SA de CV. Previously, Mr. Grijalva was manager of projects for the company, overseeing all Mexico operations.Robert Willis, San Marco's chief executive officer, stated: "A significant part of b...Read More
Mr. Rob Humphryson reportsNOVO BOOSTS EXPLORATION TEAM Novo Resources Corp. has appointed Kas De Luca to its team as senior exploration manager. With a career spanning more than 30 years, including extensive international experience with companies such as Dundee Precious Metals, Placer Dome, KCGM and Goldfields, Ms. De Luca joins the company most recently from Newcrest Mining Ltd., where she held...Read More
Mr. Peter Voulgaris reportsVENDETTA REPORTS SHALLOW HIGH GRADE DRILLING RESULTS FROM SURFACE AT THE PEGMONT LEAD-ZINC PROJECTVendetta Mining Corp. has released results from zone 1 drilling from the completed 2017 program at the Pegmont lead-zinc project in Queensland, Australia.Zone 1 sulphide highlights:PVRD104:7.1 metres of 11.02 per cent Pb plus Zn (7.10 per cent Pb, 3.93 per cent Zn);PVRD109:...Read More
Rio Tinto (ASX, LON, NYSE: RIO), the world's second largest mining company, denied Wednesday a report released by a Dutch non-profit organization claiming it had dodged $700 million in taxes to Mongolian and Canadian authorities relating to its Oyu Tolgoi copper and gold mine.According to the Dutch Centre for Research on Multinational Corporations (SOMO), Rio and its Canadian subsidiary Turquoise...Read More
Rodger Sargent from Blockchain Worldwide PLC (LON:BLOC) talks Proactive's Andrew Scott through their name change from Stapleton Capital PLC and their new investment strategy.Sargent says they've been reviewing a number of exciting blockchain opportunities and reckon the underlying technology has the potential to disrupt many industries around the world. Meet Reward Minerals Ltd, Recce Ltd, R...Read More
Mr. John Burzynski reportsOSISKO INTERSECTS 16.1 G/T AU OVER 8.3 METRES AT GARRISONOsisko Mining Inc. has released new results from the 2017 drill program at its 100-per-cent-owned Garrison gold project located in Garrison township, Ontario. Over 80,000 metres of new drilling have been conducted by Osisko on the Garrison project since its acquisition in late 2015. A total of 28 new intercepts in n...Read More