Junior Mining News

Graphite mine in Madagascar achieves nameplate production

By Michael Allan McCrae The Graphmada Large Flake Graphite Mine in eastern Madagascar is processing 500 tonnes per month, says owner Bass Metals in a news statement released Wednesday. The plant reached and sustained 25 tonnes per hour feed rate at an average head grade of 4.5% total graphitic carbon, achieving the processing plant’s nameplate […]

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Pacton Terminates Agreement to Acquire 100% of the Bellary Dome Project

By Hamza Ghaznavi Pacton Gold (TSXV:PAC; US:PACXF) advises that further to the binding letter of intent (“LOI”) with Marindi Metals Inc. (MZN:ASX) signed earlier this year (see news release dated June 20, 2018), the Company has completed its legal and technical due diligence investigations into the Bellary Dome (“Bellary Dome”) exploration license 47/2555. Following discussions

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Spearmint Continues Work Program on NEBA Property Bordering Aben In the Golden Triangle

By Hamza Ghaznavi Spearmint Resources’ (TSXV:SRJ) wishes to announce that the work programs on its NEBA Golden Triangle property are ongoing. The Company has just finished an airborne survey completed by Precision GeoPhysics and the data is currently being analyzed. Additional work programs will be formulated with this data and the highest priority drill locations

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Pretium Resources grows cash by $72 million, produces 111,340 ounces of gold

By Michael Allan McCrae Pretium Resources (TSE:PVG) produced 111,340 ounces of gold and generated revenue of $146.5 million during its second quarter, which was announced yesterday. The company is up 18.5% today to $12.04 a share. The company said all-in-sustaining costs per ounce of gold was $648. Mill feed grade averaged 14.9 grams per tonne

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Uranium Producer Posts ‘Banner Quarter’

Source: Streetwise Reports 08/10/2018 This company delivered strong Q2/18 results, prompting a target price increase by one investment firm. In an Aug. 7 research report, Eight Capital analyst David Talbot announced an increase in the target price for Energy Fuels Inc. (EFR:TSX; UUUU:NYSE.American), from CA$3.85per share to CA$5.40per share. Energy Fuels’ shares are currently trading

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Oil & Gas Firm’s Q2/18 Shows Production Upside, ‘Portfolio Cleanup,’ Strong Cash Flow

Source: Streetwise Reports 08/10/2018 A Raymond James report reviewed the company’s most recent financial and production numbers. In an August 2 research note, analyst Pavel Molchanov with Raymond James reported that against a backdrop of increased production and high cash flow in Q2/18, Marathon Oil Corp.’s (MRO:NYSE) earnings per share (EPS) was a miss and

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