Junior Mining News

Silver Vista Drill Results Indicate Silver-Copper Sedimentary Hosted Mineralized System

By Hamza Ghaznavi Glacier Lake Resources Inc. (TSXV:GLI) (“Glacier” or the “Company”) is pleased to report on the results from its maiden diamond drill program on its Silver Vista property located near Smithers, B.C. Significant silver-copper mineralization hosted in fine-grained, clastic sediments was intersected in all seven holes. Hole SV-18-06 returned multiple horizons of mineralization […]

Silver Vista Drill Results Indicate Silver-Copper Sedimentary Hosted Mineralized System Read More »

Telson Mining Corporation Declares Commercial Production at its Campo Morado Mine as of May 15, 2018, and Generates US$7.7M Cash Flow in Final Month and a Half (April 1 to May 15, 2018) of pre-production

By Hamza Ghaznavi Telson Mining Corporation (TSXV:TSN, OTCBB:SOHFF) is extremely pleased to announce the start of commercial production at its 100% owned Campo Morado Mine (“Campo Morado” or the “Project”) located in Guerrero State, Mexico, with over 60 days of operational steady state production at 75% of management’s targeted mill capacity of 2,500 tonnes per

Telson Mining Corporation Declares Commercial Production at its Campo Morado Mine as of May 15, 2018, and Generates US$7.7M Cash Flow in Final Month and a Half (April 1 to May 15, 2018) of pre-production Read More »

Aben Resources to Begin Forrest Kerr Drill Program in BC’s Golden Triangle Region

By Hamza Ghaznavi Aben Resources Ltd. (TSXV:ABN, OTCBB:ABNAF, FRA:E2L2) (the “Company”) is pleased to announce plans for the upcoming summer drill program at the Forrest Kerr Gold Property located in Northwestern British Columbia’s Golden Triangle region. The Company is planning a 5000 metre diamond drill program commencing in mid-June. The initial focus for the drill

Aben Resources to Begin Forrest Kerr Drill Program in BC’s Golden Triangle Region Read More »

AngloGold Ashanti to axe 2,000 jobs as it shrinks footprint in South Africa

By Cecilia Jamasmie South Africa’s AngloGold Ashanti (JSE:ANG) (NYSE:AU), the world’s third-biggest producer of the precious metal, is cutting as many as 2,000 jobs at its domestic operations as part a restructuring aimed at reducing losses. The company, which is down to the Mponeng underground gold mine and a tailings treatment operation in its home

AngloGold Ashanti to axe 2,000 jobs as it shrinks footprint in South Africa Read More »

Mining companies still reluctant to tap Argentina deposits

By Reuters Despite Argentine President Mauricio Macri’s pro-business policies, international mining companies are still reluctant to invest in Argentina amid a lack of regulatory clarity. More than two years into Macri’s term, the country’s dormant gold, silver, lithium and copper reserves — some discovered more than half a century ago — remain mostly untapped. “Conditions

Mining companies still reluctant to tap Argentina deposits Read More »

Rio Tinto about to offload stake in Grasberg mine for $3.5 billion

By Cecilia Jamasmie World’s No.2 miner Rio Tinto (ASX, LON, NYSE: RIO) confirmed Wednesday is ready to sell its stake in the giant Grasberg mine to Indonesia’s state mining holding company Inalum for $3.5 billion, which could mark the end to a long-drawn-out, three-way dispute over the operation, the world’s second largest copper mine. Discussions

Rio Tinto about to offload stake in Grasberg mine for $3.5 billion Read More »

Politicians Just Don’t Get It on Kinder Morgan

Source: Rick Mills for Streetwise Reports 05/23/2018 Rick Mills of Ahead of the Herd opines on the political situation with Kinder Morgan’s pipeline. The Canadian Constitution couldn’t be clearer about who controls pipelines that cross provincial boundaries—as in Kinder Morgan’s proposal to twin an existing pipeline that runs from Edmonton to Burnaby, BC. According to

Politicians Just Don’t Get It on Kinder Morgan Read More »