Junior Mining News

More than 20 Philippine mines pass govt review, 4 fail — official

Mining.com /

By Reuters Twenty-three of 27 Philippine mines assessed by a government panel for compliance with state regulations, including environmental laws, have passed the review, an official said on Thursday. Confirming an earlier Reuters report, the Mining Industry Coordinating Council found that four mines did not meet the criteria set by the government. The panel reviewed […]

More than 20 Philippine mines pass govt review, 4 fail — official Read More »

Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million

Mining.com /

By Cecilia Jamasmie Newmont Mining Corp. (NYSE: NEM) has sold Japan’s Sumitomo Corp. a 5%-stake in its Yanacocha gold mine in Peru for $48 million, making the Asian trading house a partner in the business that also involves local miner Buenaventura. The US miner and Buenaventura’s ownership interests in the mine, which was Peru’s largest

Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million Read More »

Yukon junior adds to its gold and silver mineral resources

Mining.com /

By Michael Allan McCrae Rockhaven Resources (TSX-V:RK) updated its mineral resources to 686,000 indicated and 507,000 inferred gold ounces at its Klaza project in central Yukon. Rockhaven says its updated mineral resource estimates incorporate results from approximately 13,300 m of in-fill and expansion diamond drilling completed subsequent to the 2015 mineral resource estimate, and utilizes

Yukon junior adds to its gold and silver mineral resources Read More »

Exploration and Royalties Make Good Resource Companies

The Gold Report /

Source: Adrian Day for Streetwise Reports 06/21/2018 Sector expert Adrian Day looked at two ‘favorite’ junior explorers he considers ‘good buys at current levels.’ Lara Exploration Ltd. (LRA:TSX.V) (0.59) released some very strong results from channel sampling at a new polymetallic property in Peru. The Puituco Project returned 4.6% zinc, 4.9% lead and 27 grams

Exploration and Royalties Make Good Resource Companies Read More »

Gold’s Relative Strength Index Indicating a Bottom Is Here

The Gold Report /

Source: Michael J. Ballanger for Streetwise Reports 06/21/2018 Precious metals expert Michael Ballanger explains why he believes gold is bottoming. Today’s missive is going to be brief as there are no need for words when you have the chart below indicating every major low in gold was accompanied by an RSI reading below 30. GLD

Gold’s Relative Strength Index Indicating a Bottom Is Here Read More »

Developing a High-Grade Gold and Silver Deposit in Mexico

The Gold Report /

Source: Streetwise Reports 06/21/2018 John-Mark Staude, CEO of Riverside Resources, speaks with Maurice Jackson of Proven and Probable about his company’s exploration in northern Mexico. Maurice Jackson: Today we will provide an update on Riverside Resources Inc. (RRI:TSX.V), Where Knowledge is Golden, trading on the TSXV, symbol RRI, and on the OTC, symbol RVSDF. Joining

Developing a High-Grade Gold and Silver Deposit in Mexico Read More »

AngloGold Ashanti Continues Collaboration with Matsa Resources

Investing News Network /

By Olivia Da Silva Matsa Resources (ASX:MAT) has signed a memorandum of understanding (MOU) with AngloGold Ashanti’s (ASX:AGG,NYSE:AU) Australian division regarding gold-mining and exploration activities at its Lake Carey project. The Lake Carey project encompasses Matsa’s Fortitude and Red Dog gold mines, and is also directly adjacent and contiguous with the company’s Red October gold

AngloGold Ashanti Continues Collaboration with Matsa Resources Read More »