Junior Mining News

Nigeria to offer 12.7 bln naira mining contract to eight firms

By Reuters ABUJA, July 4 (Reuters) – Nigeria will offer a 12.7 billion naira ($41.6 million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday, adding both foreign and local firms were encouraged to participate. Nigeria’s economy, one of Africa’s largest, has been built largely on its rich

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Indians are falling out of love with gold — and millennials are partly to blame

By Bloomberg News Indians’ love affair with gold is cooling. Imports slumped more than 25 per cent to 54 metric tons in June from a year earlier, a person familiar with the information said, asking not to be identified as the figures aren’t public. Overseas purchases plunged 40 per cent to 343 tons in the

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Company Updates From Management – Wed 4 Jul, 2018

By Cory댊 Awale Resources – Assay Results On The Way And More Clarity On Drill Targets Glen Parsons, Awale Resources (TSX.V:ARIC) President and CEO joins me today to update the timing of drill results from the Bondoukou Project and recent soil samples from the Odienne Projects. The Company holds large land positions in Côte d’Ivoire

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Nautilus Minerals tanks on shipbuilding contract cancellation

By Cecilia Jamasmie Shares in Canada’s Nautilus Minerals (TSX:NUS), one of the world’s first seafloor miners, were hit hard on Wednesday after the owner of the shipyard where the company’s support vessel is being made said it had cancelled the contract with the supplier chosen by Nautilus to build its ships. Fujian Mawei Shipbuilding’s decision

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James West: First Was Crypto, Now Cannabis, Next Up Commodities

By Common Stock Warrants JAMES WEST: FIRST WAS CRYPTO, NOW CANNABIS, NEXT UP COMMODITIES Canada has catalyzed the conversion of the Midas Letter from a mining centric to a broader multimedia digital platform that are now focused on video production. Recently they have focused on the hottest markets. Lately, that has been the cannabis industry.

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Former Rio Tinto exc. jailed for corruption in China let free

By Cecilia Jamasmie Former Rio Tinto’s head of iron ore business in China, Stern Hu, has been released Wednesday after spending nearly nine years in prison in Shanghai, following a 2010 conviction for corruption and industrial espionage. The Australian citizen and three of his Chinese colleagues were arrested in 2009 during contentious iron-ore contract talks

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Centenera Closes Oversubscribed $0.525 Million Private Placement

By Anwesha Sengupta Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) announces that it has closed the non-brokered private placement announced on June 29, 2018 (the “Financing”). As a result of the Financing, the Company issued a total of 4,380,333 units (each, a “Unit”) priced at $0.12 per Unit to raise gross proceeds of $525,640. Each Unit consists

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