Toronto's Hudbay Minerals has reached an agreement with United Copper and Moly to buy out UCM's 7.95% interest in the Rosemont copper project 50 km southeast of Tucson. The purchase includes termination of all UCM's remaining earn-in and offtake rights.The price of the deal is $45 million in cash now plus three annual installments of $10 million beginning on July 1, 2022.The arrangement simplifies...Read More
Atlantic Gold has added measured and indicated ounces at its Touquoy, FMS and Cochrane Hill gold projects with results from its 2018 drill campaign.The company added 88,000 oz. gold at Touquoy which, net of mine depleting, represents a 17% increase. The deposit now contains 11.3 million measured and indicated tonnes grading 1.23 grams gold for 445,000 oz. gold.It boosted its FMS project 47% to 676...Read More
Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from PDAC 2019, released this week finds.Among the reports key findings are that sustainability pressure turns into competitive advantage. After stakeholder p...Read More
Can mining be green?That's certainly the ambition of some of the biggest companies in the sector. Rio Tinto Group last year became the first major miner to stop digging up coal altogether. Glencore Plc, historically one of the commodity's most vocal boosters, has promised to cap production at current levels."We have a portfolio free of coal and oil and gas," Rio's Chief Executive Officer Jean-Seba...Read More
The World Gold Council has issued quite a few interesting papers recently. In this edition of the Gold News Monitor, we discuss the most provocative ones. Such as the money worthiness of gold compared to Bitcoin. Or the ongoing gold repatriation trend as Romania recently joined the fray. What kind of learnings can the precious metals investors draw here?Cryptocurrencies Are No Substitute for GoldI...Read More
Sierra Leone is counting on its program with the International Monetary Fund to attract infrastructure investments and revive an economy that's struggling to recover from the worst-ever outbreak of Ebola.The government of President Julius Maada Bio resumed an agreement with the Washington-based lender for a $172 million extended credit facility in December after an earlier deal with the administra...Read More
"More red flags about Rio Tinto's reliance on iron ore, shareholder payouts, and state of its #copper division ($) | https://t.co/0FKQJ7Sq7o $RIO #LSE #ASX"Read full newsRead More
"Why mining investors need to pay attention to electric vehicle sales, three Canadian stocks Barclays likes, and the decade of TSX bank dominance /via @globeandmail https://t.co/T7vHNNIbMR"Read full newsRead More
"Twitter wanted more buy n sells according to my recent poll.Bought some Cipher Resources $CIFR.V at 5 cents today.Do your own DD."Read full newsRead More
"Amex(#TSXV: $AMX)Intersects 248.05 g/t #gold Over 0.80 m in PE-19-33 and 156.83 g/t Au Over 0.65 m in PE-19-31 at Perron [https://t.co/e4Rb5A94XJ]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #investment #resources #PDAC2019"Read full newsRead More
"Fission 3.0 (@Fission3Corp) (#TSXV: $FUU) Completes Binding Earn-In Deal for up to $22mm with Rhyolite [https://t.co/tmKBPOMbgO]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #investment #uranium #resources #PDAC2019 #cleanenergy"Read full newsRead More
"Peak Positioning (@PEAKPOSITIONING) (#CSE: $PKK) Subsidiary ASCS Adds New Loan Servicing Client [https://t.co/5PhVEgQBm4]#investing #stocks #stockmarket #trading #investors #news #business #investments #tech #technology #IT #fintech, #ecommerce #cloudcomputing"Read full newsRead More
"American Battery Metals (#CSE: $ABC) - Exploration Program for Temple Mountain & New Corporate Website [https://t.co/KmWjANbr5A]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #investment #vanadium #resources #PDAC2019 #batterymetals"Read full newsRead More
"Redfund (@RedfundCapital) (#CSE: $LOAN | #OTC: $PNNRF) Converts Loan into Equity Position in Mary's Wellness[https://t.co/fbZAALkXlX]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #potstocks#merchantbank"Read full newsRead More
"Khiron (@KhironLife) (#TSXV: $KHRN | #OTCQB: $KHRNF) Expands Skincare Leadership Team With The Appointment Of Dr. Edwin Bendek as Medical Director, Skincare [https://t.co/rrije0eWDs]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily"Read full newsRead More
"FSD Pharma (@FsdPharma) (#CSE: $HUGE | #OTCQB: $FSDDF) Announces New Leadership Appointment and Board Change [https://t.co/YrdO8Cy1er]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #potstocks"Read full newsRead More
"Cannabis One (#CSE: $CBIS) Enters California Market with LOI to Acquire Majority Stake in #Coachella Valley #Cannabis Retail Location [https://t.co/ZgWwGJfJNK]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity"Read full newsRead More
"Yield Growth (@yieldgrowth) (#CSE: $BOSS | #OTCQB: $BOSQF) to Purchase 10-Acre Property, w/ 2.5 Acres of Existing Greenhouses [https://t.co/4SsnWftA7d]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #potstocks"Read full newsRead More
Barrick Gold is dropping its takeover bid for Newmont Mining as the two companies agree to form a joint venture to combine their Nevada mining operationsRead full newsRead More
The venture, which replaces a hostile takeover bid by Barrick, could produce synergies of $4.7 billion without the integration issues of a merger. It may have been what both companies were looking for all along.Read full newsRead More