Recent News

Canadian Mining Hall of Fame welcomes five trailblazers

March 28, 2019 / www.northernminer.com

The Canadian Mining Hall of Fame (CMHF) bestowed honours on five industry giants at its thirty-first annual induction ceremony in January at the Metro Toronto Convention Centre. The 2019 inductees - Kate Carmack, James M. Franklin, James W. Gill, A. M. (Sandy) Laird and Brian K. G. Meikle - join 176 existing CMHF members."Tonight we celebrate the lives of four men and one exceptional woman who thr...Read More

New Morgan Stanley commodity thermometer (March 2019) placing #nickel near the top. Sorry, cobalt and lithium -- be...

March 25, 2019 / twitter.com

"New Morgan Stanley commodity thermometer (March 2019) placing #nickel near the top. Sorry, cobalt and lithium -- better luck next year."Read full newsRead More

Interview with Dr. Quinton Hennigh, President and Chairman, NOVO Resources Corp (TSX-V: NVO; OTCQX: NSRPF): World-Class Large-Scale Australian Conglomerate Gold Deposits

March 26, 2019 / www.metalsnews.com

Novo Resources Corp. (TSX-V: NVO; OTCQX: NSRPF), a Canadian gold exploration and development company, has built up a significant land package covering approximately 12,000 sq km with varying ownership interests in the Pilbara region of Western Australia. We learned from Dr. Quinton Hennigh, President and Chairman of NOVO Resources Corp., that they are looking for world-class large-scale conglomera...Read More

LME suspends cobalt brand listing fees for six months

March 27, 2019 / www.metalbulletin.com

The London Metal Exchange has announced a six-month suspension of listing fees for new cobalt brands on the exchange in a note to members on Tuesday March 26, amid emerging liquidity concerns from producers."[A] number of cobalt producers have indicated a desire to list their brand on the LME," the exchange said in the note, "but have expressed concerns that, in the event that the 'user choice' mo...Read More

Vale's Sul Superior Dam in critical condition

March 23, 2019 / www.mining.com

Brazilian mining giant Vale (NYSE:VALE) announced this weekend that the Sul Superior Dam at the Gongo Soco mine is in a critical condition when it comes to stability. This, following the work of an independent auditor, hired to evaluate the state of the structure.The dam is located in the municipality of Bar??o de Cocais, in the southeastern Brazilian state of Minas Gerais. This is the same region...Read More

US sanctions Venezuela state gold mining company: Treasury

March 24, 2019 / dlvr.it

The United States slapped sanctions Tuesday on a Venezuelan state mining company, charging that its illicit gold operations were being used to prop up President Nicolas Maduro and his inner circle. The action was taken against CVG Compania General de Mineria de Venezuela CA, or Minerven, and its president Adrian Antonio Perdomo Mata, the US Treasury Department said. Treasury Secretary Steven Mnuch...Read More

Hudbay Minerals granted final permit for $1.9B Rosemont copper mine

March 22, 2019 / www.mining.com

Canadian miner Hudbay Minerals (TSX, NYSE: HBM) scored a big win this week after the U.S. Forest Service approved the company's mine plan of operations (MPO) for its $1.9 billion Rosemont copper project in Arizona."Rosemont is now a fully permitted, shovel-ready copper project and we look forward to developing this world-class asset," president and chief executive Alan Hair said in a statement.T...Read More

Analysts Talk Up Junior Mining Stocks After Fed Boost for Gold

March 22, 2019

This week’s dovish Federal Reserve statement gave gold a boost and in the aftermath, analysts have been talking up the prospect of a real change in fortunes for junior gold stocks.   John Kaiser, of Kaiser Research, said that following a “pretty lame start to 2019” for junior mining stocks an upturn could finally be on the way. Junior gold mining companies in particular co...Read More

Endeavour pours first gold at Ity CIL project

March 19, 2019 / www.mining.com

Endeavour Mining Corp. of London has poured its first dor?(C) bar from its Ity carbon-in-leach project four months earlier than planned and well under its $412 million budget. The bar contains about 1,800 oz. of gold.The CIL plant is already running at its 4 million t/y capacity following the quick ramp up. Commercial production will probably be declared early in Q2 2019.Endeavour has launched an...Read More

Barrick Gold's Joint Venture With Newmont Mining Looks Like a Winner

March 13, 2019 / dlvr.it

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

Newcrest grabs majority stake in Canadian copper-gold mine

March 11, 2019 / www.mining.com

Australia's largest gold producer, Newcrest Mining, (ASX: NCM) is acquiring a 70% joint-venture interest in Imperial Metals' (TSX: III) Red Chris copper and gold mine, located in British Columbia, Canada, as part of an ongoing push by the world's top bullion miners to get even bigger.The Melbourne-based company, which is also the world's No. 3 gold producer by market value, is paying Imperial $806...Read More

Gold Stopped Cold at $1,300 Spot on Friday

March 11, 2019 / news.goldseek.com

By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price edged quietly sideways once trading began at 6:00 p.m. EST on Thursday evening in New York -- and that lasted until around 9:20 a.m. China Standard Time on their Friday morning. It began to head higher from there -- and that lasted until shortly before 9:30 a.m. in London. It crept quietly lower from that juncture un...Read More

Indonesia's Antam 2018 profit surges on robust nickel sales

March 11, 2019 / www.mining.com

Indonesian state miner PT Aneka Tambang (Antam) targets to start operation of its ferronickel smelter in East Halmahera in the second half of this year, with initial production target of around 5,000 tonnes of nickel in ferronickel (TNi), Finance Director Dimas Wikan Pramudhito said.The plant will have a production capacity of 13,500 TNi, increasing Antam's overall ferronickel production capacity...Read More

LME launches seven new contracts to try to boost volumes, profit

March 11, 2019 / www.mining.com

The London Metal Exchange (LME) is launching seven new cash-settled futures contracts on Monday, including hot-rolled coil (HRC) steel, alumina and cobalt, aiming to attract more business after profits fell last year.The world's oldest and largest market for industrial metals wants a stronger portfolio of products as competition intensifies with rival exchanges, such as CME Group Inc. of the Unite...Read More

Analysts and Experts Cheer Gold M&A while Uranium Stocks Get a Kick

March 08, 2019

The Toronto conference of the Prosecutors and Developers Association of Canada (PDAC) gave investors and analysts a chance to discuss the M&A surge among major gold companies and its potential effect on the smaller gold stocks this week.   Even though the initial $18bn hostile bid by Barrick for rival Newmont - which aims to create the world’s largest gold mining group - is not ne...Read More

Sprott Money News Weekly Wrap-Up - 3.8.19

March 08, 2019 / www.youtube.com

Eric Sprott discusses the latest US jobs numbers as well as other global factors that are driving gold and silver prices.Read More

INN VIDEO - Brian Leni, Founder of Junior Stock Review: M&A is Good for the Market, Here's Why. Watch the interview...

March 09, 2019 / twitter.com

"INN VIDEO - Brian Leni, Founder of Junior Stock Review: M&A is Good for the Market, Here's Why. Watch the interview at https://t.co/P0xrxNS02N @Junior_Stock #preciousmetals #gold #investing"Read full newsRead More

Statement by Ontario and Saskatchewan on the Canadian Minerals and Metals Plan

March 03, 2019 / news.ontario.ca

Today, Greg Rickford, Minister of Energy, Northern Development and Mines, and Bronwyn Eyre, Saskatchewan's Minister of Energy and Resources, have issued the following statement on the release of the Canadian Minerals and Metals Plan:"The federal government has released its Canadian Minerals and Metals Plan (CMMP) to identify opportunities for the Canadian mining industry, with the goal of position...Read More

Shanghai #nickel rises on restocking demand expectation

March 04, 2019 / reut.rs

China's nickel futures rose more than 2 percent on Monday alongside steel p...Read full newsRead More

Anaconda Mining Intersects 59.39 G/t Gold Over 7.0 Metres And 6.17 G/t Over 8.0 Metres at Argyle; Provides Infill D...

March 04, 2019 / twitter.com

"Anaconda Mining Intersects 59.39 G/t Gold Over 7.0 Metres And 6.17 G/t Over 8.0 Metres at Argyle; Provides Infill Drilling and Development Update https://t.co/sKIkc7hM8E"Read full newsRead More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok