Junior Mining News

Chilean Raises $1.65 Million and Announces Annual Meeting

Investing News Network /

By Anwesha Sengupta Chilean Metals Inc. (TSXV:CMX, OTCQB:CMETF, SSE:CMX, MILA:CMX, FRA:IVV1, BER:IVV1). Chilean Metals Inc. has received subscriptions and funds totaling approximately $1.65 million dollars. Approximately $1,185,000 was received under the $0.12 Unit financing which provided investors a share and a share purchase warrant. The warrant and $0.18 will entitle investors to acquire a common […]

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Glencore faces third Congo legal challenge this year

Infomine /

By Cecilia Jamasmie Katanga boasts one of Congo’s biggest reserves of copper and cobalt, but it has underperformed for decades. (Image: Musonoie-T17 open pit mine. Courtesy of Katanga Mining.) Congolese-American businessman and convicted fraudster Charles Brown has brought back a lawsuit against Glencore (LON:GLEN) the company considered dead, becoming the third court challenge the mining

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EUR/CAD breaks out ahead of Canada jobs, G7 and ECB meetings

Resource Investor /

The euro continued to outperform for much of today’s session after top ECB policymakers delivered hawkish remarks on the eurozone economy this week, leading to some chatter that the central bank may announce its intension to end EQ at the end of the year at the conclusion of next week’s policy meeting. …read more From::

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Russia’s Polyus big step closer to building world’s largest new gold mine

Mining.com /

By Frik Els Fluid ounces. Image: Polyus Gold Russian gold miner Polyus on Thursday provided an update on its Sukhoi Log project, one of the world’s largest untapped gold deposits. The news sent units of the company trading over the counter in the US up 3% for a market value of some $8.5 billion. Polyus

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New Geological Models Bring New Discoveries to Historical Mining Districts

Investing News Network /

By Investing News Network After years of curbing exploration spending in the face of challenging markets, mining companies are once again putting money into the ground. According to S&P Global Market Intelligence, global exploration spending for non-ferrous metals hit nearly $8 billion in 2017, up 14 percent from 2016 — the first increase in exploration

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