Junior Mining News

$2 billion Congo-Brazzaville iron ore project stalled

By analyst By Frik Els Shares in Zanaga Iron Ore Company (LON:ZIOC) dropped 15% in London on Thursday after the company detailed its change of focus to a small-scale early production operation at its flagship Republic of Congo project. AIM-listed Zanaga, worth $50m after today’s pullback, announced a $1.5m agreement with Glencore (LON:GLEN) for a […]

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Swedish Boliden innocent in Chile toxic waste dump case — court

By analyst By Cecilia Jamasmie Swedish mining company Boliden (STO: BOL) won’t have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile, a court ruled Thursday. The lawsuit filed in 2013 by around 800 residents of the city of Arica,

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Target Prices Raised on Cobalt Pure-Play After Major Royalty Acquisition

Source: Streetwise Reports 03/08/2018 Analysts assess the move by this company to acquire a royalty on a project that one calls “one of the largest undeveloped nickel reserves and the largest undeveloped cobalt reserve globally.” Analyst Anoop Prihar with GMP Securities, in a Feb. 22 research note, reported that Cobalt 27 Capital Corp. (KBLT:TSX.V; CBLLF:OTC;

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New Drilling Begins in NWT Deposit While Resource Estimate Grows at One of World’s Largest Gold-Copper Deposits

Source: Streetwise Reports 03/08/2018 This company had news on two fronts: drilling at its Northwest Territories deposit could change the economics of that project while a massive increase in its resource in its British Columbia project could be the catalyst that brings a major partner to the table, according to industry analysts. On February 20,

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