Junior Mining News

Sojourn Closes First Tranche of $2.8 Million Financing

By Ashley Cowell Sojourn Exploration Inc (TSXV:SOJ) (the “Company” or “Sojourn”) is pleased to announce that it has closed the first tranche of its $2.8 million non-brokered private placement (the “Private Placement”) announced on August 9, 2018, raising aggregate gross proceeds of $2,303,500 by the sale of 23,035,000 units. Each unit consists of one common

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Chile’s lithium giant SQM sees prices falling further this year

By Cecilia Jamasmie Chilean lithium miner SQM confirmed Friday it expects realized lithium prices to be lower in the second half of 2018 partly as a result of new supply ramping in Australia and the company’s own predicted increase in sales, even though global demand is forecast to grow more than 20% this year. Delivering

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Rob McEwen and McEwen Mining Acquire 18.8% of Canadian Miner

Source: Streetwise Reports 08/24/2018 The explorer announced high-grade gold results this week at its Red Lake District project in Ontario. Great Bear Resources Ltd. (GBR:TSX.V) will be conducting a private placement financing of units, priced at $1.45 per unit, for gross proceeds of up to $10 million with each unit consisting of one common share

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Newcrest PFS Slashes Cost of Cadia Expansion

By Olivia Da Silva Through a freshly conducted prefeasibility study (PFS), Newcrest Mining (ASX:NCM) has determined that expanding its Cadia East gold operation in New South Wales will cost $252 million less than originally expected. Newcrest estimates that total capital expenditure will come in at $598 million, with the plant and underground materials handling expansion

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