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Kenmare pays Mozambique nearly $8m in royalties, taxes

CORPORATE ACTIVITY / Marleny Arnoldi

London-listed Kenmare Resources has paid the Mozambican government $7.9-million for 2019.

This includes $5.6-million in royalties and $2.3-million in taxes.

Kenmare pays Mozambique nearly $8m in royalties, taxes Read More »

Senex adjusts production, sets more gas for domestic market

OIL & GAS / Esmarie Iannucci

ASX-listed Senex Energy on Tuesday said that it has reached an agreement with Gladstone Liquefied Natural Gas (GLNG) to re-direct around 1 PJ of natural gas from the Roma North project to the domestic market.

Senex told shareholders that the company …

Senex adjusts production, sets more gas for domestic market Read More »

Titan launches Core Gold review, flags asset sale

CORPORATE ACTIVITY / Esmarie Iannucci

ASX-listed Titan Minerals has launched a strategic review into the assets of newly acquired Core Gold, flagging the potential divestment of its Peruvian and non-core gold assets.

Core Gold has been delisted from the TSX:V exchange since Titan’s acquis…

Titan launches Core Gold review, flags asset sale Read More »

New Century takes aim at Vale Goro nickel/cobalt mine

Base Metals / Esmarie Iannucci

Base metals miner New Century Resources has struck an exclusivity agreement with major Vale to negotiate the purchase of a 95% interest in the issued shares of Vale Nouvelle-Caledonie (VNC), which owns the Goro nickel and cobalt mine, in New Caledonia….

New Century takes aim at Vale Goro nickel/cobalt mine Read More »

ELB shareholders vote in favour of Australian business disposal

CAPITAL EQUIPMENT/SERVICES / Marleny Arnoldi

JSE-listed capital equipment and solutions provider ELB Group will proceed with selling its Australian business, after a majority of shareholders voting in favour of the disposal.

The company hosted a general meeting on May 25 for shareholders to vot…

ELB shareholders vote in favour of Australian business disposal Read More »

Sierra Metals seeks consent to reopen Peru mine

Base Metals / Mariaan Webb

TSX-listed Sierra Metals is seeking consent to reopen its Yauricocha mine, given its remote location and implementation of strict health protocols.

Peru has extended its state of emergency and a nationwide lockdown to fight the Covid-19 pandemic until…

Sierra Metals seeks consent to reopen Peru mine Read More »

The Inflation–Deflation Conundrum

The Gold Report / The Gold Report - Streetwise Exclusive Articles Full Text

Source: Michael Ballanger for Streetwise Reports   05/26/2020

Sector expert Michael Ballanger considers what the post-pandemic world could look like in the aftermath of central bank actions.As I sit here on the shores of lo…

The Inflation–Deflation Conundrum Read More »

Why Three Analysts Believe This Natural Gas Small Cap Is Undervalued

The Energy Report / The Energy Report - Exclusive Articles Full Text

Source: Streetwise Reports   05/26/2020

The firm’s project in Brazil has a contract price that is twice the natural gas price in the U.S.
Alvopetro Energy Ltd.’s (ALV:TSX.V; ALVOF:OTCQX) Caburé natural gas discovery in Braz…

Why Three Analysts Believe This Natural Gas Small Cap Is Undervalued Read More »

Focus sells half of its Kwyjibo REE project to Quebec

rare earths / Creamer Media Reporter

Exploration company Focus Graphite has completed a definitive asset purchase agreement for the sale of the company’s 50% interest in the Kwyjibo rare-earth elements project to Investissement Québec for C$7.24-million.

The Kwyjibo property consists of …

Focus sells half of its Kwyjibo REE project to Quebec Read More »

IDC’s Kalagadi Manganese business rescue application opposed

MANGANESE / Martin Creamer

An application of the State-owned Industrial Development Corporation (IDC) to have mining company Kalagadi Manganese placed under business rescue is being opposed in the High Court Gauteng Local Division, Johannesburg. As a R3-billion creditor and 20% …

IDC’s Kalagadi Manganese business rescue application opposed Read More »

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Recent Posts

  • Tesla and Giga Metals reported talks sends stock soaring
  • President Regan and peaceful protestors
  • Really great article from Jon Rappaport
  • To Coved or not To Coved
  • Life After Capitalism
  • The biggest puzzle regarding gold’s rise
  • MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
  • Webinar: Porphyry deposits of the northwestern cordillera of North America
  • Argonaut Gold sells Ana Paula project in Mexico
  • SPY Expectations For The Rest of September
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