Junior Mining News

Equinox sells Koricancha mill in Peru to Inca Gold in $12.4 million-deal

Mining.com /

By Cecilia Jamasmie Canadian junior Equinox Gold (TSX-V: EQX) is selling its 83%-owned, 350-tonne-per-day Koricancha gold mill in southern Peru to fellow miner Inca Gold Corp. (TSX-V:IO) in a deal valued at Cdn$16.3 million ($12.4 million). The Vancouver-based firm said the deal included certain recoverable taxes, such as Cdn$6 million in common shares of Inca […]

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South Africa’s Solidarity union to agree wage deal with Eskom

Mining.com /

By Reuters JOHANNESBURG, July 17 (Reuters) – South Africa’s Solidarity trade union will accept a three-year wage offer from state-run power utility Eskom that would see pay hikes of 7 percent this year followed by annual increases of 7 and 6.5 percent, a union source told Reuters on Tuesday. Cash-strapped Eskom, which provides virtually all

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Falcon Signs Definitive Agreement for Esperanza Gold/Copper Project in La Rioja, Argentina

Investing News Network /

By Hailey Wahlberg FALCON GOLD CORP. (TSXV:FG) (“Falcon” or the “Company”) is pleased to announce it has signed a Definitive Agreement (the “Agreement”) for the right to acquire an initial 80% interest in the Esperanza Resources S.A. (“ERSA”) mineral concessions located in La Rioja Province, Argentina. The Property is comprised of seven (7) contiguous mineral

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Chris Temple from The National Investor – Tue 17 Jul, 2018

Korelin Economic Report /

By Cory댊 Powell In Front Of Congress And Another Drop In Gold Before heading to the Sprott conference I wanted to quickly record something with Chris Temple. We first discuss the Fed Chairman Powell’s testimony in front of Congress. Nothing new is being said but a reinforcement of the Fed hiking rates is a continuing

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Osisko Delivers Upbeat PEA For Windfall Project

Investing News Network /

By Nicole Rashotte Osisko Mining Inc. (TSX:OSK) announced positive results from the independent preliminary economic assessment (PEA) prepared in accordance with national instrument 43-101 at its 100 percent owned Windfall Deposit located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. The PEA provides a base case assessment of developing both the

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Lakes, rivers near abandoned mine sites likely sources of antibiotics

Infomine /

By Cecilia Jamasmie Canadian scientists from Laurentian University have found that waterbodies impacted by decades of mining activity could be a potential new source of antibiotics. The group, led by Dr. J.A. Scott, a bioengineering professor, examined lakes and rivers located within five kilometres of abandoned Northern Ontario mine sites. The goal was to determine

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Canadian Platinum Announces Closing of Non-Flow Unit Private Placement

Investing News Network /

By Anwesha Sengupta Canadian Platinum Corp. (“CPC” or the “Company” – TSXV:CPC) announces that the Company has closed tranche two of its previously announced non-brokered private placement of units (“Units”), for gross proceeds of $315,650 (the “Offering”). The Offering consisted of the issuance of an aggregate of 12,626,000 Units at a price of $0.025 per

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