Canadian miner Hudbay Minerals (TSE: HBM) has plans to double the annual gold output from the Lalor gold-copper-zinc mine 13 km west of Snow Lake, Manitoba. As part of the plan the New Britannia mill will be refurbished at a cost of $95 million raising Lalor gold output to 140,000 oz. per year.The Lalor mine will then be joining the ranks of primary gold producers as one of the lowest sustaining...Read More

Canadian bullion producer IAMGOLD Corp. (TSX: IMG) (NYSE: IAG) reported a 23% increase in its proven and probable gold Reserves, which reached 17.9 million ounces at the end of 2018 due to the conversion of resources to reserves at the Saramacca deposit in Suriname, the C??t?(C) gold project in Ontario, and the Boto gold project in eastern Senegal.At the end of 2017, the miner's reserves were 4.5...Read More

Katanga Mining (TSX: KAT; US-OTC: KATFF) lost $116 million in 2018's fourth quarter to end the year with $13.4 million in gross profit, a result of temporary cobalt sale suspensions, higher reagent costs at its Luilu metallurgical plant and increased mine infrastructure and support costs.The company says its fourth quarter loss was partly offset by higher copper sales in the quarter.The company re...Read More

Australia's largest gold producer, Newcrest Mining, (ASX: NCM), is expanding its footprint in Ecuador by signing an agreement with Cornerstone Capital Resources (TSX-V:CGP), a Canadian junior with several assets in the country, including a 15% stake in SolGold's Cascabel copper-gold project.Under the deal, a subsidiary of Newcrest will have the option to earn up to a 75% interest in two early-st...Read More

MICROMINE, the leading provider of mining software solutions, will be exhibiting at the Prospectors & Developers Association of Canada Convention (PDAC 2019) in Toronto, Ontario from March 3rd till March 6th, 2019. PDAC is the world's premier mineral exploration and mining convention, with over 1000 exhibitors, 3500 investors and 26000 attendees from 135 countries.MICROMINE has exhibited at PDAC f...Read More

The US Army Corps of Engineers has released the Draft Environmental Impact Statement (DEIS), as required under the National Environmental Policy Act, for Northern Dynasty's (TSX: NDM; NYSE : NAK) Alaska Pebble project, one of the richest copper-gold deposits ever discovered.The DEIS is an important milestone and positive development for Vancouver-based Northern Dynasty, its subsidiary Pebble Limit...Read More

Montreal-based Osisko Metals has released the maiden resource estimate for its Key Anacon and Gilmour South deposits, collectively the Eastern Bathurst Mining Camp (EBMC) project. The properties are located south of Bathurst.With a 5.5% zinc equivalent cut-off, indicated resources in the Key Anacon Main and Titan zones total 2.0 million tonnes grading 5.77% zinc, 2.38% lead, 0.22% copper, and 68.9...Read More

CSA Global and the Prospectors and Developers Association of Canada announced the winners of the Joan Bath and Peter Howe bursaries. The awards will be presented at the PDAC convention in Toronto during the student-industry networking lunch on March 4, 2019.Rebecca MontsionThe recipient of the Joan Bath award is Rebecca Montsion. She is studying the integration of specialist knowledge and computer...Read More

South Africa's Sibanye-Stillwater expects its full-year attributable loss to be more than $100 million greater than guidance in a trading statement last week, it said on Wednesday, after a review of tax changes in the United States.Sibanye now expects a headline loss per share of 1 cent, compared with 12 cents in 2017The gold and platinum miner's shares fell into negative territory on the news tha...Read More

The Mining Association of Canada is introducing a new standard, the Water Stewardship Protocol, as part of its Towards Sustainable Mining initiative. Miners that follow the protocol will improve their environmental performance and sustainability practice.The development of the Water Stewardship Protocol came as a result of years of work and consultation by industry experts and stakeholder groups,...Read More

As U.S. markets re-open after the holiday, the world's "queen of assets" continues her glorious ascent to higher prices. Please click here now. Double-click to enlarge this magnificent short term gold chart.The rise above $1332 ushers in my new short-term target: $1355!Please click here now. Gold is well on its way to becoming a mainstream asset like stocks and bonds.The reason for that is the "...Read More

Intermediate gold miner New Gold (TSX:NGD)(NYSE:NGD) has been roughly handled by the market, losing 64% over the last year, despite gold losing a mere 1%. Much of this can be blamed on management revising production forecasts downwards and a raft of issues impacting operations at New Gold's Rainy River mine. While there are concerns over New Gold's ability to unlock value, there was a significant...Read More

One of North America's most advanced lithium mining-development-stage plays, Nemaska Lithium (TSX:NMX) is heavily beaten down right now after a precipitous share price drop on February 13. Could this be the best entry point for contrarian investors, who have always harboured some affection for the stock?Why the scary plunge? On February 13, Nemaska Lithium stock plunged by as much as 46% in a day...Read More

Are you looking to make outsized returns by investing in an unpopular cyclical asset that appears to have bottomed? Then look no further than Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM), which has gained 6% since the start of 2019 and appears poised to soar higher.Quality assetsSilvercorp, a leading primary silver miner in China, reported some solid fiscal third quarter 2019 results despite weaker...Read More

Goldspot Discoveries team celebrate at #DisruptminingGiven the massive amounts of data generated by mineral exploration, using artificial intelligence and machine learning to make discoveries seems like a natural fit for the industry.Goldspot Discoveries, which listed today on the TSX Venture Exchange under the symbol SPOT, takes a big step forward in use of artificial intelligence in the explorat...Read More

Publisher's Note: Today we're bringing you an excerpt of The Dines Letter discussing Russia and its next moves on the global geopolitical stage.Today we're bringing you an excerpt of The Dines Letter discussing Russia and its next moves on the global geopolitical stage.To your wealth,Nick HodgePublisher, Outsider Club"There is no little enemy." -Benjamin FranklinWe envision the gradual merging...Read More

Maritime Resources Corp. of Toronto says 2019 will be a critical year for the company. It plans to advance its Hammerdown gold project in the hope of making a production decision by year-end.The past-producing Hammerdown gold mine, Orion gold deposit, and Lochinvar base and precious metals deposit make up Maritime's Green Bay property near Springdale. Activities this year will include project engi...Read More

As expected, curbs placed on B.C.'s housing market have resulted in lower new housing starts and a loss of about $325 million from property transfer taxes.Last year's budget installed tax curbs to slow down B.C.'s runaway housing market, including increases to the property transfer and school taxes on homes valued over $3 million, and a new real estate speculation tax.But the government isn't coun...Read More

The C.D. Howe Institute says Bill C-69 - aimed at revamping the approval process for the natural resources sector - will further depress a sector that struggled for investment in 2018. Projects will be delayed and exposed needlessly to political risk.Between 2017 and 2018, the planned investment value of major resource projects fell $100 billion, according to the Institute. The plunge is equivale...Read More

The Jackfish SAGD project produces about 105,000 bbl/d and may soon be for sale. (Image: Devon Energy)Devon Energy has announced plans to transform itself into a U.S. oil growth company. The final step will be to sell its Canadian oilsands and Barnett shale assets, a move that may put more than $30 billion in the treasury.Devon's oil sands operations are located on the eastern edge of the Athaba...Read More