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Northisle Launches a Second Exploration Program at Its Pemberton Hills Target @NorthIsle_CG

April 03, 2019 / bit.ly

Northisle Copper and Gold Inc. (TSXV:NCX) ("Northisle" or the "Company") is pleased to announce the launch of its second exploration campaign at its Pemberton Hills Property, located in British Columbia, subject to a farm-out agreement with Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport").Read full newsRead More

BTU Commissions High Resolution Drone Magnetics Survey @BTUMetalsCorp

April 03, 2019 / bit.ly

BTU Metals Corp. (TSXV:BTU) announces it has commissioned Zen Geomap Inc to conduct a low-altitude, high resolution drone magnetic survey of its Dixie Halo properties contiguous to Great Bear Resources in Red Lake, Ontario.Read full newsRead More

Nexus Gold CEO Alex Klenman: Significant Mining Potential in Burkina Faso. View the entire interview at...

April 03, 2019 / twitter.com

"Nexus Gold CEO Alex Klenman: Significant Mining Potential in Burkina Faso. View the entire interview at https://t.co/bABrWlppvd @NexusGoldCorp #gold #BurkinaFaso #investing https://t.co/gcdiNmhesc"Read full newsRead More

World's largest iron ore port expects higher exports post Vale

April 03, 2019 / www.mining.com

With a market facing a global deficit that was unforeseen at the start of the year, the world's biggest iron ore export port is flagging a timely boost in shipments as Fortescue Metals Group Ltd. and rivals bring on new mines in Australia's remote Pilbara region.The projected shortfall comes in the wake of Vale SA's January dam disaster in Brazil, which prompted the biggest producer to forecast ou...Read More

MMG joins Glencore, ERG reviewing Congo plans after tax hike

April 03, 2019 / www.mining.com

Yet another foreign miner in the Democratic Republic of Congo is reviewing its future production plans after the government increased taxes and removed investor safeguards despite industry protests.MMG Ltd., the Chinese-owned copper producer, is considering whether to invest in more expensive methods of mining the metal when existing oxide resources are depleted. It's grappling with the same quand...Read More

Collegiate Mining Competition remembers fallen miners

April 03, 2019 / www.mining.com

About 200 people recently took part in the International Collegiate Mining Competition, held in Virginia City, Nevada.Bryn Llewellyn, from Camborne School of Mines at the University of Exeter, hand steeling. Photo by Max Willcock.For the 41st year in a row, the three-day event gathered students from mining schools from around the world who formed 18 teams in the men's category and eight teams in t...Read More

GFG Resources discovers new gold zone at Pen project

April 03, 2019 / www.mining.com

GFG Resources of Saskatoon, Sask., says its inaugural 2018 drill program discovered a new gold zone at the 100% owned Pen gold project 50 km southwest of Timmins. The new find was made at the Crawford target in hole PEN-18-016 which intersected 21.26 g/t gold over 1.7 metres at a depth of 100 metres.In its entirety, PEN-18-016 returned 0.80 g/t gold over 1.0 metre; 12.26 g/t with visible gold over...Read More

Osisko Metals intersects more shallow, high-grade at Pine Point, NWT

April 03, 2019 / www.mining.com

Additional results from 34 holes drilled at Osisko Metal's (TSXV: OM) Pine Point camp on the south shore of Great Slave Lake in the Northwest Territories intersected near surface, high-grade zinc and lead values.The holes were drilled in the project's East Mill Zone with highlights from EM-18-PP-226, which intersected 6.30% zinc and 6.64% lead over 8.80 metres for a lead-zinc equivalent grade of 1...Read More

Tesla boom lifts Norway's electric car sales to record market share

April 03, 2019 / www.mining.com

Almost 60 percent of all new cars sold in Norway in March were fully electric, the Norwegian Road Federation (NRF) said on Monday, a global record as the country seeks to end fossil-fueled vehicles sales by 2025.Exempting battery engines from taxes imposed on diesel and petrol cars has upended Norway's auto market, elevating brands like Tesla and Nissan, with its Leaf model, while hurting sales of...Read More

Nouveau Monde raises C$10m for Matawinie development

April 03, 2019 / www.mining.com

Nouveau Monde Graphite has arranged a non-brokered private placement with Pallinghurst Graphite that will raise C$10.3 million for continued work on the Matawinie graphite development project 150 km north of Montreal, Quebec. Pallinghurst has subscribed to purchase approximately 43.8 million common shares priced at C$0.235 per share.Nouveau Monde said it intends to close an earlier, C$11.7 million...Read More

Immersive Technologies recognizes two for mining business improvement

April 03, 2019 / www.mining.com

Immersive Technologies has announced the winners of its Global Business Improvement Award 2018. Marking the tenth year in which Immersive Technologies recognizes the most outstanding real results achieved by mining companies utilizing simulation as a key driver in the business improvement process.Finalists are selected for their achievements in continuously improving operational safety, efficiency...Read More

Controlling shareholder of Russia's Polyus selling a 3.5% stake via ABB

April 03, 2019 / www.mining.com

The controlling shareholder of Polyus, Russia's largest gold producer, said on Wednesday it would sell a 3.5 percent stake in the company via an accelerated bookbuilding (ABB).The controlling shareholder is Polyus Gold International Ltd (PGIL), owned by Said Kerimov, son of Russian tycoon Suleiman Kerimov.PGIL, which currently owns 82.4 percent of Polyus, plans to sell 4.67 million shares. After t...Read More

ISIS claims kidnapping and killing Canadian geologist in Burkina Faso

April 03, 2019 / www.mining.com

ISIS has claimed it kidnapped and killed a Canadian geologist in Burkina Faso three months ago, according to the latest issue of the propaganda newsletter Al-Naba, circulated last week.Halifax, Nova Scotia-based Kirk Woodman, vice-president of exploration for private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier.Propagan...Read More

Saudi Arabia's gold miner plans to be a global top-20 supplier

April 03, 2019 / www.mining.com

Saudi Arabian Mining Co. wants to more than double gold output within five years.Maaden, as the state-backed company is known, plans to boost gold output from about 415,000 ounces this year to one million by 2025, Chief Executive Officer Darren Davis said in an interview. That would catapult the oil-rich kingdom from a marginal gold producer to one of the world's top-20 suppliers.Maaden will boost...Read More

Gold & the Bond Market Supernova

April 04, 2019 / www.miningfeeds.com

 There's a time for gold stocks to rally... and a time for consolidation and retracement. Please click here now. We have joy, we have fun, we have gold price seasonality in the sun?To view seasonality on the daily gold chart, please click here now. Double-click to enlarge.The COMEX price of gold is determined mainly by commercial bank traders and hedge funds reacting to physical market supply...Read More

1 Speculative Mining Stock to Cash In on Higher Gold

April 04, 2019 / www.fool.ca

Despite gold pulling back sharply since mid-February 2019 to be trading at around US$1,287 per ounce, there are signs that the metal is due to rally yet again. This provides investors with the opportunity to boost their exposure to gold by acquiring development-stage miner Great Bear Resources (TSX:GBR). Even after gaining 38% since the start of 2019 compared to gold's modest 1% increase, the min...Read More

Silver Stocks Are Dipping: Is It Time to Buy?

April 04, 2019 / www.fool.ca

Silver stocks are down at the moment, with value opportunities opening up in some of the biggest precious metals miners on the TSX. With higher silver prices expected later in the year, here are four bargains for capital gains investors looking for upside.Fortuna Silver Mines (TSX:FVI)(NYSE:FSM)Down 12.45% in the last five days at the time of writing, Fortuna Silver Mines made one of the biggest m...Read More

Don’t Buy Tesla Inc (NYSE:TSLA) Stock Before Considering Lithium Americas Corp (TSX:LAC)

April 04, 2019 / www.fool.ca

Tesla (NASDAQ:TSLA) has enamoured stock market investors since it went public in 2010. While it still has some skeptics, its 1,000% rise in under a decade has quieted many critics.Still, massive concerns remain, largely related to its ability to scale production faster than any other auto manufacturer in history. Plus, there are no assurances that it can do this while generating an adequate rate...Read More

Americas Silver's stock surges after $42m boost

April 04, 2019 / www.mining.com

Americas Silver Corp.'s (TSE: USA) stock was up over 23% Thursday, after announcing that Sandstorm Gold Royalties is making a $42.5 million investment in the company to fund the restart of Relief Canyon gold mine, 160 km northeast of Reno. The investment includes a $25 million gold stream and royalty on the Relief Canyon mine when it reopens, a $10 million convertible debenture, and a $7.5 millio...Read More

Pretium plans 40% increase in Brucejack throughput, shares jump

April 04, 2019 / www.mining.com

The outlook has improved for Pretium Resources, (TSE: PVG). The miner's shares climbed nearly 9% Thursday, after announcing "robust economics" and plans to ramp-up production, exploration, and resource numbers at its Brucejack gold-silver mine in British Columbia.The Brucejack mine is increasing throughput to 3,800 tonnes per day, up from 2,700 tonnes per day over the course of the year - a 4...Read More

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