Junior Mining News

Millrock Resources | Explorer releases drill results from Alaska copper-gold project

By Proven and Probable Gregory Beischer, president and CEO of Millrock Resources, in conversation with Maurice Jackson of Proven and Probable, talks about the recently released drill results from the Alaska Range Project as well as developments at its Mexican properties. Video Audio Transcript Original Source: http://www.streetwisereports.com/article/2018/10/02/explorer-releases-drill-results-from-alaska-copper-gold-project.html Maurice Jackson: Welcome to Proven and Probable. I’m […]

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Hudbay doesn’t deny rumours of interest in Chile’s Mantos Copper

By Cecilia Jamasmie Canadian miner Hudbay Minerals (TSX, NYSE: HBM) responded to media reports about it being in talks to buy Chile’s Mantos Copper by saying that while it avoids commenting on market rumours, its strategy does include growth opportunities, such as acquisitions. Private equity-backed Mantos Copper said in July it was looking for a

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Chile’s court ruling allows Tianqi to buy stake in lithium miner SQM

By Cecilia Jamasmie China’s No.1 lithium producer Tianqi has won a favourable court ruling in Chile that paves the way for the company to become the second-largest shareholder in Sociedad Química y Minera de Chile (SQM), the world’s second largest producer of the metal used in electric-vehicle batteries. Chile’s antitrust court signed off Thursday on

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IDM Mining Announces $4.1 Million Non-Brokered Private Placement

By Ashley Cowell IDM Mining (TSXV:IDM, OTCQB:IDMMF) (“IDM” or the “Company”) announces a non-brokered private placement financing (the “Offering”) to sell flow-through shares (“Flow-Through Shares”) at a price of $0.07 per Flow-Through Share and non-flow-through units (“Common Units”) at a price of $0.06 per Common Unit, for aggregate gross proceeds of up to $4.1 million.

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Centamin drops more than 12 percent on second cut to annual output target

By Cecilia Jamasmie Shares in Egypt-focused gold miner Centamin (LON:CEY) (TSX:CEE) dropped more than 12 percent in London on Friday after it axed its annual production target for the second time this year due to delays in planned operational improvements. The company now expects to produce 480,000 ounces of gold, down from a range of

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Gold Has Been Slammed — for the Rest of 2018 it’s a Call on the Dollar

By Charlotte McLeod  The gold price is down year-to-date in 2018, and for Chris Mancini, an analyst at the Gabelli Gold Fund, what happens for the rest of the year depends on the dollar. “What we’ve seen over the past couple of months, when gold went from around $1,320 down to $1,160 at its

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