Vancouver, British Columbia (April 2, 2019) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) wishes to announce that the Company has entered into a performance based option agreement with Denton Resources Inc. ("Denton"), a private corporation, to acquire a 100% interest in the 62 mineral claims comprising the Carscallan property in the district...Read More
Colorado School of Mines celebrated today the grand opening of a new 10,000-square-foot research facility in Denver that will pave the way for greater collaboration with industry, government and academia to tackle one of the biggest challenges facing society today - access to clean water. The WE2ST (Water-Energy Education, Science and Technology) Water Technology Hub will accommodate large-scale...Read More
Since exploration began in August 2017 at its Soledad copper-gold-silver project in Peru, Chakana Copper (TSXV: PERU; US-OTC: CHKKF) has drilled four of 17 confirmed breccia pipes, pinpointed another 12 targets, and tripled its land position in the district to 31 square kilometres.The company drilled 25,200 metres in 94 holes in its first round of exploration at the project, 260 km northwest of Li...Read More
Since closing the acquisition of its namesake high-grade copper-zinc project in northern British Columbia in December 2017, Kutcho Copper (TSXV: KC; US-OTC: KCCFF) has completed a field season of data collection and drilling, and published a resource update.The company says it is on track to complete a feasibility study on Kutcho before the end of September, and, if everything goes according to pl...Read More
Sable Resources (TSXV: SAE; US-OTC: SBLRF) has extended the mineralized corridor at its Margarita silver project in Chihuahua State, Mexico, 350 metres to the northwest with results from its ongoing 19-hole Stage 2 drill program.The company is targeting the project's Margarita Vein, where it recently drilled the project's best intercept. Hole 24 cut 116.93 grams silver, 0.7% zinc, 0.21% lead and 0...Read More
Drilling 100 metres to the west of the diorite that hosts Wesdome Gold Mines' (TSX: WDO) Eagle River mine in Ontario has encountered a new discovery zone called Falcon, the company reports.Surface exploration drilling returned 73.5 grams gold over 1.3 metres starting from 209 metres downhole, and 18.5 grams gold over 5.8 metres from 170 metres downhole.The discovery follows the announcement in Mar...Read More
Elysis, a joint venture of Rio Tinto Alcan and Alcoa - has chosen the site for its new research and development facility in the Saguenay-Lac-Saint-Jean region. It will be located at Rio Tinto's Jonquiere complex, home of the Arvida smelter and R&D lab.The new facility should be fully functional in the second half of 2019 and employ more than 25 experts. The lab has the financial backing of the gov...Read More
IBM and Sandvik Mining and Rock Technology announced this week that they are joining forces and launching OptiMine Analytics, a solution that transforms data into process improvements via predictive insights and actionable dashboards embedded into operation management systems.In a press release, the companies said that the technology is particularly useful when it comes to dealing with failing equ...Read More
Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the likely temporary weather-related disruptions from Australia and the rather more serious safety outages in Brazil.A major tropical cyclone hitting the main producing and shipping areas in the world's largest iron ore miner was always likely to boost prices, and indeed, markets largely...Read More
One group of Canadian oil producers is gaining from the output cuts imposed by Alberta: the small explorers.The local wildcatters that pump light crude far from the giant oil-sands mines of northern Alberta are getting a big price boost from the curtailments announced at the start of December, without the headaches. Many of them are exempt from the cuts and they sell most of their oil locally, so...Read More
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LIMA (Reuters) - Eight men suffocated in an unauthorized gold mine in Peru after a tunnel they dug began spewing noxious fumes, local media reported on Sunday. Cesar Rondo, the only miner who survived the disaster, told local broadcaster RPP that the group became dizzy and suffered headaches in the tunnelRead full newsRead More
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