While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. Below is look&…
EXPLORATION: The Americas, West Africa and Australasia remain popular Read More »
QUEBEC CITY – When the higher cost of the Whabouchi and Shawinigan projects were released by Nemaska Lithium two weeks ago, the stock price declined steeply. The cost of the project – mine, mill and electrochemical plant – jumped by…
The post LI…
LITHIUM: Nemaska reviewing strategic alternatives Read More »
VANCOUVER – Equinox Gold has attracted a $130-million (amounts are in U.S. dollars) investment from Abu Dhabi’s state owned Mubadala Investment Co. in the form of convertible notes. The notes are for five years with a 5% interest rate convertible……
GOLD: Mubadala invests $130M in Equinox Gold Read More »
Kerr Mines (TSX: KER; US-OTC: KERMF) expects to start mining and stockpiling mineralized material from its Copperstone gold project in Arizona in the fourth quarter of this year with production starting in the first quarter of 2020, CEO Claudio Ciavare…
Kerr Mines targets 2020 production at Copperstone Read More »
OREGON – Bayhorse Silver of Vancouver has poured the first silver bullion from its mine of the same name in the central part of the state. The button contains 37.69 oz. of .9999 fine silver, and is stamped with the…
The post SILVER: Bayhorse pour…
SILVER: Bayhorse pours first .9999 fine bar in Oregon Read More »
NEWFOUNDLAND – Maritime Resources Corp. of Toronto says 2019 will be a critical year for the company. It plans to advance its Hammerdown gold project in the hope of making a production decision by year-end. The past producing Hammerdown gold…
The…
GOLD: Maritime to make decision on Hammerdown this year Read More »
UKRAINE – Black Iron and Glencore are in talks to finance construction of the junior’s Shymanivske iron ore project and have signed a non-binding memorandum of understanding to begin formal negotiations on the financing and offtake package. The compani…
IRON ORE: Black Iron inks MOU with Glencore on Shymanivske project Read More »
QUEBEC CITY – Nemaska Lithium has had a tough couple weeks – cost overruns and now termination of a major supply agreement. Just last week the company announced that cost overruns at its Whabouchi lithium mine/mill and the Shawinigan electrochemical&#…
LITHIUM: Nemaska terminates supply agreement with Livent Read More »
NORTHWEST TERRITORIES – Fortune Minerals of London, Ont. Says the Northwest Territories government has signed a contract for the building of the Tlicho all weather road to the community of Whati. The village is only 50 km south of Fortune’s…
The …
COBALT-GOLD-BISMUTH: NWT government signs contract to build Tlicho Road Read More »
TORONTO – Dundee Precious Metals offered a look at the fourth quarter and positive full year financials for 2018. The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million. The all-in sustaining cost per ounce of…
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GOLD-COPPER: Dundee ups 2018 revenue, net earnings Read More »
