Junior Mining News

The “Hot Money” Secret Behind Yesterday’s Wild Market Swing

By Greg Guenthner But the evidence was telling a different story. Buyers of these put contracts were risking millions of dollars betting on potential bad news, Joshua explains. Fast forward eight days after this infamous TV appearance and Bear Sterns was declaring bankruptcy. Shares of the company sank. The insiders betting against the company were

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Compass Minerals lays off workers at world’s largest underground salt mine

By analyst By Valentina Ruiz Leotaud Despite reporting increased revenue and operating earnings in 2017’s last quarter, U.S.-listed Compass Minerals (NYSE:CMP) announced today that management fired 48 permanent workers from Goderich, the world’s largest underground salt mine. The mine, named after the Ontario town where it is located, sits 1,800 feet under Lake Huron and

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Fremont to acquire property in world’s second richest gold province

By analyst By MINING.com Editor Vancouver-based Fremont Gold (TSX.V: FRE) announced today that it has entered into an option agreement with Ely Gold Royalties and its wholly-owned subsidiary Nevada Select Royalty to acquire 12 unpatented lode mining claims covering approximately 100 hectares in Elko Country, Nevada. The claims sit on the northern Carlin Trend, which

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