Following the review of historical data that indicate copper and silver grades are open in all directions at the Engels project in northern California, Crown Mining (TSXV: CWM) announced this week its decision to increase its land package in the area.In a press release, the Toronto-based company said that it has staked an additional 35 new federal mining claims adjacent to Engels, all of which are...Read More
Following the review of historical data that indicate copper and silver grades are open in all directions at the Engels project in northern California, Crown Mining (TSXV: CWM) announced this week its decision to increase its land package in the area.In a press release, the Toronto-based company said that it has staked an additional 35 new federal mining claims adjacent to Engels, all of which are...Read More
Following the review of historical data that indicate copper and silver grades are open in all directions at the Engels project in northern California, Crown Mining (TSXV: CWM) announced this week its decision to increase its land package in the area.In a press release, the Toronto-based company said that it has staked an additional 35 new federal mining claims adjacent to Engels, all of which are...Read More
First Division Ventures (CSE: FDIV) announced this week that it has entered into an Assignment and Property Option Agreement with Geoxplor Corporation of Arizona, for the option to acquire a 100% interest in the Temple Mountain property in Utah.In a media statement, First Division said Temple Mountain occupies 435 hectares and is located in Emery county, 34 kilometres north of the town of Hanksvil...Read More
First Division Ventures (CSE: FDIV) announced this week that it has entered into an Assignment and Property Option Agreement with Geoxplor Corporation of Arizona, for the option to acquire a 100% interest in the Temple Mountain property in Utah.In a media statement, First Division said Temple Mountain occupies 435 hectares and is located in Emery county, 34 kilometres north of the town of Hanksvil...Read More
* GRAPHIC-2019 asset returns: (Adds U.S./China news and closing prices)By Eric OnstadLONDON, Feb 7 (Reuters) - Copper prices eased on Thursday asworries over global economic growth remained to the fore, withaluminium also weakening after a major producer warned aboutsofter demand.Zinc, however, bucked the trend as an environmentalcrackdown in China created shortages of refined metal.A steady drum...Read More
Last year was a momentous one for Africa-focused Gem Diamonds (LON:GEMD), as it recovered a record number of huge precious stones from its flagship Let??eng mine in Lesotho, the world's highest-dollar-per-carat diamond mine.In Q4 2018, the company recovered three of the 15 diamonds over 100 carats - a new record for the London-based miner.The most important one, the 910-carat "Lesotho Legend",...Read More
Last year was a momentous one for Africa-focused Gem Diamonds (LON:GEMD), as it recovered a record number of huge precious stones from its flagship Let??eng mine in Lesotho, the world's highest-dollar-per-carat diamond mine.In Q4 2018, the company recovered three of the 15 diamonds over 100 carats - a new record for the London-based miner.The most important one, the 910-carat "Lesotho Legend",...Read More
The wave of consolidation sweeping the gold mining sector is for now passing the...Read full newsRead More
Russian miner Nordgold (LON:NORD) has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million to continue developing the asset, one of the country's largest gold producing mines.The new licence, effective from March 21, is valid until 2034, in line with Lefa's current life-of-mine.Nordgold, which spun off of Russian steelmaker Severstal i...Read More
Russian miner Nordgold (LON:NORD) has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million to continue developing the asset, one of the country's largest gold producing mines.The new licence, effective from March 21, is valid until 2034, in line with Lefa's current life-of-mine.Nordgold, which spun off of Russian steelmaker Severstal i...Read More
Published 23 Hours AgoUpdated7 Hours AgoReuters Getty ImagesGold prices edged higher on Thursday, helped by concerns over the U.S.-China trade dispute and its potential impact on global growth.Spot gold rose 0.33 percent to $1,310.08 an ounce at 1:10 p.m. ET after touching its lowest since Jan. 29 at $1,302.11.U.S. gold futures were down 0.05 percent at $1,313.80.CNBC reported U.S. President Dona...Read More
HighlightsDRA has entered into a merger agreement with SENET, a leading African project management and engineering firm to create one of the largest project delivery and operations management companies on the continent.SENET specialises in mineral processing project delivery and has successfully delivered gold, copper, cobalt, uranium, and iron ore projects throughout Africa. The complimentary mer...Read More
Metso has opened a new Competence Center for mining in China (CCC). Located in Hunan province in central China, the center focuses on developing and manufacturing solutions for the fast-changing Chinese mining market.We sat down with the head of the CCC, Yiqiang Zhang, and asked him to tell a bit more about the center and his views on the mining industry in China.Why was the CCC established and wh...Read More
A tough financing environment has remained pervasive despite the talk of how bare the reserve cupboards are.Read More
Gold price sales offer opportunity but patience is required. I like to see a market swoon of at least $50/ounce before buying any fresh medium-term gold or related positions.Most amateur gold investors should wait for $100/ounce declines before buying or use very tight stop-losses to protect their capital.When buying, it's important that investors have strong hands accompanying them, and the small...Read More
There are few companies on the market today that have stirred as much emotion and controversy over the years as Cameco (TSX:CCO)(NYSE:CCJ). Despite the fact that the Cameco has seen its share price drop significantly over the years, Canada's largest uranium miner still commands a base of loyal investors that foresee a time (perhaps rapidly emerging) when the stock and, by extension, uranium price...Read More
With uncertainty continuing to cloud the future of the auto industry, and other sectors heavily reliant on the metal industry, it's worth checking the stats for potentially impacted stocks on the TSX index. To catch up, let's look at an auto-related stock, a metal-weighted stock, and an auto stock with the potential to lead the way in the international electric vehicles market.Uni-Select (TSX:UNS)...Read More
"Our advice is to own as little exposure U.S. equity exposure as your career risk allows." - Martin Tarlie, member of portfolio allocation at Grantham, Mayo, Van Otterloo investment managementThe following is an excerpt from the latest Short Seller's Journal:Economy is worse than policy makers admit publicly - Less than four months ago, the FOMC issued a policy statement that anticipated four rate...Read More
A stronger US dollar saw the gold price ease and took the shine off gold equities.The gold price has lost US$10 an ounce on the spot market since this point yesterday, trading just over $1,303/oz earlier.Base metal futures were mixed in Asian trade this afternoon, while iron ore is around a two-year high - above US$86 per tonne as Vale's production was further curtailed with a key operating licenc...Read More