Junior Mining News

Panoro Minerals Reports Results from Drilling at Cotabambas

Investing News Network /

By Scott Tibballs Panoro Minerals (TSXV:PML) has reported additional assays results for six drill holes from its Cotabambas porphyry copper-gold-silver project located in southern Peru. According to the release, the drill holes have intersected additional oxide and primary sulfide mineralization at the Maria Jose 1 and 2 targets and the Petra target. Additional drilling is […]

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China Preparing For Gold To Reenter The Monetary System Thousands Of Dollars Above The Current Price

News /

June 17, 2018 With many people wondering when the paper manipulation of gold will come to an end, it looks like China is now setting the stage for gold to reenter the monetary system thousands of dollars above the current price. June 17 (King World News) – Dr. Stephen Leeb:  “The Chinese apparently, and with good reason, view Americans

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Osisko pays Can$180M for a silver stream from Falco Resources

Mining.com /

By Michael Allan McCrae Osisko Gold Royalties announced today that it secured a silver stream from Falco Resources for Can$180 million. The silver stream will come from Falco’s Horne 5 property in Rouyn-Noranda, Québec. Osisko will make staged upfront cash deposits to Falco of up to C$180 million and will make ongoing payments equal to

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Minera Alamos Updates Progress at Guadalupe

Investing News Network /

By Nicole Rashotte Minera Alamos Inc. (TSXV:MAI) provided an update on development activities at the company’s Guadalupe project in Sinaloa, Mexico. The Guadalupe project is one of the most significant historic gold producers in this region of Mexico and contains a NI 43-101 near surface gold resource consisting of the following with significant untapped resource

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Rio Tinto to start building massive Koodaideri iron ore mine in 2019

Infomine /

By Cecilia Jamasmie World’s second largest miner Rio Tinto (ASX, LON, NYSE:RIO) said Monday it will begin developing its Koodaideri iron ore mine in Western Australia’s Pilbara region next year, highlighting parallel plans to de-bottleneck rail capacity, which should increase it to 360 million tonnes per annum (mtpa) in 2019. The miner also said it

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Chile antitrust watchdog probing Tianqi buy of lithium miner stake

Infomine /

By Cecilia Jamasmie Chile’s antitrust regulator FNE has launched a probe into Tianqi’s recent acquisition of a stake in Chemical and Mining Society (SQM), the world’s second largest lithium producer, to determine the possible effects on the market. Chinese miner Tianqi Lithium, the Asian nation’s largest producer of the white metal, purchase last month a

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S.African lobby group opposes parts of new draft mining charter

Mining.com /

By Reuters The Minerals Council South Africa, an industry lobby group, said on Sunday it does not support some elements in the latest draft of an industry charter, including a stipulation that one percent of core profit is paid to communities and employees. South Africa plans to raise black ownership at permit-holding mining companies to

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Almost half of deadly accidents in South Africa happened at Sibanye-Stillwater mines: Minister

Mining.com /

By Valentina Ruiz Leotaud South Africa’s Mineral Resources Minister Gwede Mantashe said on Sunday that 20 out of 45 mining deaths reported since the start of 2018 have taken place at Sibanye-Stillwater’s (JSE:SGL) (NYSE:SBGL) mining sites. To date, #SibanyeStillwater operations are responsible for 20 of the 45 fatalities reported since the beginning of the year.

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