By Anwesha Sengupta Highlights: Proceeds from the Private Placement will be directed to finalize construction of 1,000 tonnes per day mining operation Tahuehueto, located Northwestern Durango State, Mexico This funding milestone enables Telson to make application under its off-take funding agreement with Trafigura to draw down a matching amount up to US$5 million. Telson maintains […]
By Cecilia Jamasmie Canadian miner First Quantum Minerals (TSE:FM) is facing legal uncertainty around its massive $5.48 billion project in Panama, the largest copper mine coming to market over the next couple of years. The Central American country’s Supreme Court ruled Monday that Law 9, which was used to grant a mining concession to Minera
First Quantum, Panama Gov’t study ruling that cast doubts on giant copper mine Read More »
By Bloomberg News Newmont Mining Corp. Chief Executive Officer Gary Goldberg squashed speculation that Barrick Gold Corp.’s offer for Randgold Resources Ltd. would tempt Newmont to make its own play. When asked about the speculation that’s been raised since the Barrick-Randgold merger was announced on Monday, Goldberg referenced past attempts at possible Newmont-Barrick tie-ups and
Newmont’s CEO rejects talk of bids for Barrick, Randgold Read More »
Source: Streetwise Reports 09/26/2018 The introduction of the Evolve system will expand the product offering on the partner’s distributed energy resource platform. Eguana Technologies Inc. (EGT:TSX.V; EGTYF:OTCQB) and Los Angeles-based Swell Energy announced that the Evolve residential energy storage system is now available through Swell Energy. Swell’s distribution of the Evolve system will expand the
Residential Energy Storage System Available Through California Distributor Read More »
Source: Michael J. Ballanger for Streetwise Reports 09/26/2018 Precious metals expert Michael Ballanger discusses distortions in the markets. Here is a question for any and all of you that have ever purchased a lottery ticket or played the slots or bet on a horse: If you had proof that the outcomes were all rigged, would
Gold Investors: It Is Time for a Logic Lesson Read More »
Source: Streetwise Reports 09/26/2018 A BMO Capital Markets report relayed this company’s recent news and updates. In a Sept. 24 research note, analyst Andrew Kaip with BMO Capital Markets reported that Pretium Resources Inc. (PVG:TSX; PVG:NYSE) gave notice to buy back the entire 8% gold and silver stream at its Brucejack mine by Dec. 31,
Reacquiring Precious Metals Stream ‘Net Present Value Accretive’ Read More »
Source: Streetwise Reports 09/26/2018 The technology for which the Notice of Allowance has been issued is the company’s “HM X-tract mobile modular mining/extraction process.” Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB), a provider of non-toxic precious metals extraction solutions to the E-Waste and mining industries, announced that the U.S. Patent and Trademark Office recently issued a Notice
U.S. Patent Office Acts on Company’s ‘Portable Mining Appartus’ Application Read More »
Source: Michael J. Ballanger for Streetwise Reports 09/26/2018 Precious metals expert Michael Ballanger discusses distortions in the markets. Here is a question for any and all of you that have ever purchased a lottery ticket or played the slots or bet on a horse: If you had proof that the outcomes were all rigged, would
Gold Investors: It Is Time for a Logic Lesson Read More »
Source: Streetwise Reports 09/26/2018 Projections show that company can deliver electricity for approximately one-half of the average market power costs. Amazing Energy Oil & Gas Co. (AMAZ:OTCQX) announced in a news release that it entered into a supply and rental agreement with Bison Crypto Power Corp. (BCP), a wholly owned subsidiary of WRIT Media Group
Energy Company to Supply Off-the-Grid Crypto Mining Camps Read More »
By Nicole Rashotte Following Monday’s (September 24) Barrick Gold (TSX:ABX, NYSE:ABX) and Randgold Resources (LSE:RRS) US$18.3-billion merger, many market watchers have been optimistic that the deal will be a bullish event for gold and will act as a positive reinforcement for the sector as a whole. The transaction has caused a plethora of industry insiders
What the Barrick-Randgold Merger Could Mean for the Gold Sector Read More »
