Junior Mining News

Sale of 910-carat rock boosts Gem Diamonds revenue, stone prices

Africa-focused Gem Diamonds’ (LON:GEMD) revenue nearly tripled in the first quarter of the year thanks to strong demand for its high-quality white rough rocks and the sale of a 910-carat diamond, the fifth-largest in history. Delivering results for the quarter ended on March 31, the company said the $40 million fetched by the giant D-Colour […]

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Gold-Silver Explorer Reaches Significant Permitting Milestone

Source: Streetwise Reports 04/26/2018 Analyst Andrew Kaip with BMO Capital Markets relayed this Canadian precious metals company’s latest accomplishment. In an April 23 research note, Andrew Kaip, an analyst with BMO Capital Markets, reported that Sabina Gold & Silver Corp. (SBB:TSX; RXC:FSE; SGSVF:OTCPK) achieved “a key milestone” with its Back River project in Nunavut by

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Federal Council rejects mining referendum in Colombian town

Colombia’s State Council revoked a provincial judgment that allowed for a mining referendum in the municipality of Une, located in the central Cundinamarca state. According to W Radio, the council endorsed a plea introduced by mining workers against a ruling by the Cundinamarca Administrative Court, which declared constitutional the question that was going to be

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House Monetary Policy Committee Member Questions Treasury and Fed about Their Gold Activities

Washington, DC (April 25th, 2018) – A Member of Congress posed some pointed questions to the Federal Reserve and the U.S. Treasury this week about their activities involving America’s gold reserves, including, apparently, efforts to “drive gold out of the world financial system in favor of the Federal Reserve Note or Special Drawing Rights issued

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