Junior Mining News

Lonmin tanks as UK competition watchdog looks into Sibanye takeover

By Cecilia Jamasmie Shares in struggling South African platinum producer Lonmin (LON:LMI) collapsed Tuesday after Britain’s Competition and Markets Authority (CMA) said it was examining whether the company’s takeover by Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) would reduce competition. By mid-morning, Lonmin shares had lost 5.6% of their value in London, while Sibanye’s were down 4.9% in Johannesburg, […]

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Gold and Technology Metals Miner ‘Poised for the Next Stage’

Source: Streetwise Reports 05/15/2018 An Edison Research report explained the crossroads this Australian multicommodity firm is at and reviewed its most recent quarter’s financials. In a May 4 research note, Analyst Tom Hayes with Edison reported that Alkane Resources Ltd. (ALK:ASX; ANLKY:OTCQX) saw “marked improvement” at its Tomingley gold operation in the most recent quarter,

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Prospects of Small-Cap Texas Energy Company Increase as the Price of Oil Rises

Source: Streetwise Reports 05/15/2018 This small-cap energy firm’s Permian Basin drilling and testing have been showing good results, and the company has just started. The price of West Texas Intermediate (WTI) crude oil is staying above $70/barrel, the highest it’s been in over three years. Amazing Energy Oil & Gas Co. (AMAZ:OTCQX), an independent small-cap

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Explorer Discovers Lithium Deposit in Nevada

Source: Streetwise Reports 05/15/2018 One of the largest deposits of lithium in North America appears to be extraction friendly. Cypress Development Corp. (CYP:TSX.V; CYDVF:OTCQB; C1Z1:Frankfurt) recently released the maiden resource estimate for a lithium deposit at its 100%-owned Clayton Valley Lithium Project. It is unique due to its large size, which is 6.54 million tons

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Potential Russian Law Restricting Uranium Exports to US Is Bullish for American Producers

Source: Streetwise Reports 05/15/2018 A potential Russian backlash to U.S. sanctions could be a boon to U.S. uranium producers. Russian legislators have drafted a law to restrict various materials that are exported to the U.S. as a response to American federal government actions it found “unfriendly.” The U.S. Congress passed legislation imposing various sanctions on

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Highly Anticipated Summer of Exploration in BC’s Golden Triangle

Source: Streetwise Reports 05/15/2018 Once seen as remote, British Columbia’s Golden Triangle has opened up dramatically, with two mines now in production, three new hydro-power facilities, a link to the provincial power grid, and roads throughout the region. Lawrence Roulston, managing director of WestBay Capital Advisors, discusses the changing mining landscape there and profiles a

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