Junior Mining News

Uranium Explorer Advances Toward PEA for Argentina Project

Source: Streetwise Reports 08/02/2018 The company provided an update on its efforts at its project. Blue Sky Uranium Corp. (BSK:TSX.V) is continuing work at its Amarillo Grande uranium-vanadium project in Rio Negro, Argentina, to release of a preliminary economic assessment (PEA) on the Ivana deposit there by the end of 2018. Also, exploration for additional […]

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Half of the Asanko gold mine in Ghana now belongs to Gold Fields

By Valentina Ruiz Leotaud South Africa’s Gold Fields (JSE, NYSE: GFI) and Canada’s Asanko Gold (TSX: AKG) announced the completion of the joint venture deal that gave the former a 50 per cent stake in Asanko’s 90-per-cent-interest Asanko gold mine. The mine is one of Ghana’s newest gold operations and it is located in the

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Powell’s snoozer leaves traders looking ahead to BOE and NFP

As anyone who was paying a modicum of attention could easily tell you, the Federal Reserve was never going to make any changes to monetary policy at today’s meeting. Instead, traders were tuning in to see any changes to the central bank’s statement and extrapolate what that may mean for interest rates moving forward. …read

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Prof gets 3/4 million dollars to find new ways to process uranium

By Valentina Ruiz Leotaud A researcher at the University of Kansas was awarded $750,000 by the U.S. Department of Energy so that he and his team can examine several previously unexplored ways to process uranium using cheaper and safer methods than those currently employed. James Blakemore, assistant professor in the Department of Chemistry, wants to

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Tahoe Resources posts quarterly loss on Guatemala mine dispute

By Reuters Gold and silver miner Tahoe Resources Inc posted a quarterly loss on Wednesday that narrowly fell short of Wall Street’s expectations, the result of a Guatemala mine dispute that shows now signs of abating. Nevada-based Tahoe posted a second-quarter loss of $15.6 million, or 5 cents per share, compared to a profit of

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Canada’s Kinross Gold puts Mauritania mine expansion on hold

By Reuters TORONTO, Aug 1 (Reuters) – Kinross Gold Corp said on Wednesday it was “pausing” expansion work at its Tasiast gold mine in Mauritania after a government request for talks to improve the country’s economic benefits from the miner’s activities. Kinross was asked to enter “mutually beneficial” discussions in May, in a letter from

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Cobalt Blockchain Extends Private Placement

By Hailey Wahlberg Cobalt Blockchain Inc. (“COBC” or the “Company”) (TSXV:COBC) is extending its previously announced brokered equity private placement of up to 12 million common shares at a price of 25 cents per common share, for gross proceeds of up to $3-million. Use of proceeds from the private placement include establishment of cobalt trading

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Great Panther Silver Reports Second Quarter 2018 Financial Results

By Hailey Wahlberg GREAT PANTHER SILVER LIMITED (TSX:GPR) (NYSE American:GPL) (“Great Panther”; or the “Company”) today reported financial results for the Company’s three and six months ended June 30, 2018. The full version of the Company’s unaudited condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) can be viewed on the Company’s website

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Sibanye Successfully Acquires Stake in DRDGOLD

By Nicole Rashotte Sibanye-Stillwater (NYSE:SBGL, JSE:SGL) officially owns 38.05 percent of the issued share capital of DRDGold (NYSE:DRD, JSE:DRD), which is currently worth R895.7-million, Sibanye announced on Wednesday (Aug 1). As per the agreement, which was entered into on November 22, 2017, Sibanye agreed to exchange selected surface gold-processing assets and tailing storage facilities (TSFs)

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