Junior Mining News

Canyon Copper Enters Consulting Agreement to Study Reopening Underground Ramp at the Past Producing Rio Gold Mine

By Hamza Ghaznavi Canyon Copper Corp. (TSXV:CNC) is pleased to announce that it has entered into a consulting agreement (“Agreement”) with High Grade Mining Consulting Ltd (“High Grade”). The Agreement is to provide consulting services to evaluate the conditions and costs to reopen the underground workings at the past producing Rio Gold Mine located near

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Philippine miners call for end of ban on big new projects

By Reuters MANILA, June 27 (Reuters) – Philippine miners are urging the government to lift a six-year ban on new large-scale mining projects in the world’s No. 2 nickel ore supplier after the state removed restrictions on fresh smaller ventures. The Department of Environment and Natural Resources said in a memorandum dated June 18, but

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US steel users challenge Trump’s authority to impose tariffs in court

By Cecilia Jamasmie A group representing users of imported steel filed Wednesday the first known legal challenge to steel tariffs imposed by US President Donald Trump earlier this year. With the lawsuit, taken to the US Court of International Trade in New York by the American Institute for International Steel (AISS) and two of its

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Velocity Commences Underground Drilling at Chala Gold Mine, Southeast Bulgaria

By Anwesha Sengupta Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that it has initiated underground drilling at the operating Chala Gold Mine (“Chala” or the “Chala Mine”). A total of 45 diamond drill holes have been planned for more than 5,000m of underground drilling from 8 drill positions (Figure 1) (the “Drill Program”).

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Signature Resources Announces DTC Eligibility of Its OTCQB-Listed Common Shares

By Anwesha Sengupta Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) (“Signature” or the “Company”) is pleased to announce that it has received its Depository Trust Company (“DTC”) Eligibility for its OTCQB-listed common shares which trade under the symbol SGGTF. “The receipt of our DTC Eligibility greatly simplifies the process of trading our common shares in the United

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Gold seen fighting back as dollar rebound is poised to reverse

By Bloomberg News Much maligned gold is set to stage a comeback as the dollar weakens, according to Pictet Wealth Management. Bullion will climb to $1,320 an ounce by the end of the year, said currency strategist Luc Luyet, which compares with about $1,256 on Wednesday. While trade tensions haven’t yet provided much support, an

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OZ Minerals to complete Brazil-focused Avanco takeover

By Cecilia Jamasmie Australian copper-gold miner OZ Minerals (ASX:OZL) has begun a compulsory takeover Avanco Resources (ASX:AVB), after months of slowly increasing its interest in the Brazil-focused explorer. The Adelaide-based company said the fact it now owns more than 90% of Avanco allows it to acquire all of the remaining shares to acquire it entirely.

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Defense!

By Zach Scheidt This post Defense! appeared first on Daily Reckoning. I couldn’t breathe… There were bursts of light in my field of vision… And it was all I could do to keep from puking. My high school coach was in my face yelling at the top of his lungs. “Zach, I have you in

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