Skip Navigation Links
Breaking News
Export ban placed on Queen Victoria's wedding coronet - 1 Hour
It's time for Tesla to stop improving its most successful car (TSLA) - 4 Hours
13 incredible facts about Texas (USO, WTI, OIL) - 6 Hours
Gold's biggest buyers aren't buying like they used to (GLD, GLX) - 6 Hours
Elliott-Backed Triple Flag Lining Up First Mining Finance Deals - 9 Hours
Summer driving season is ending — here's how far $50 worth of gas will get you on America's highways - 9 Hours
Companies keep using this trick to make their earnings look better - 10 Hours
Here's how each country did at the Olympics, adjusting for the size of their economies - 10 Hours
Fed could use reserves payments to stimulate U.S. economy: paper - 11 Hours
There's a better way to play gold than buying gold (GLD, GLX, PPLT, PTM, PGM, PLTM) - 11 Hours
Here are the top Wall Street firms to work for, according to LinkedIn's users - 11 Hours
Britain's most celebrated statesman was a huge party monster and racked up an absurd amount of debt - 12 Hours
Abe pledges $30 billion for Africa over next three years - 12 Hours
Abe to call for permanent U.N. Security Council seat for an African country - 15 Hours
Jobs data to be a big deal for record-high stocks - 15 Hours
We're nearing peak energy (USO, WTI, OIL, VDE) - 16 Hours
Analysts Set BHP Billiton Ltd. (NYSE:BHP) PT at $27.89 - 16 Hours
Kaneto places fourth in 100-meter breaststroke final in World Cup meet - 16 Hours
Gold shares lose lustre after valuation surge - 18 Hours
King stands firm on doping - 19 Hours

Click here for previous news...




SEARCH  
Interview with Steve Mallyon Managing Director of Riversdale Resources Limited: Australian-Canadian Hard Coking Coal Exploration and Development Company
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Riversdale Resources Limited is an Australian-Canadian hard coking coal exploration and development company that owns the Grassy Mountain project in Southern Alberta, Canada. Grassy Mountain is a large, very long-life, and low-cost project that came with the package of excellent work on exploration, coal quality assessment and infrastructure. Riversdale is run by an experienced crew of people that all came from majors, which enables the company to move quickly and efficiently. We learned from Steve Mallyon, Managing Director of Riversdale, that they started the permitting process last November, and hope to start building Grassy Mountain in early 2018 and to commission the project in mid-2019, producing 4.5 million Metric tonnes within the first 20 months. The company has recently concluded the Optimization Study of the Grassy Mountain project, that was largely focused on lowering further the cost of the project, reducing its environmental footprint, as well as a quicker ramp up to full production. Riversdale has had a long good relationship with the Piikani First Nation and the other First Nations and with the community. According to Mr. Mallyon, Riversdale Resources is the only independent mid-vol hard-coking coal company that can offer the steelmakers a large long term supply alternative to the majors.
Click here to continue...
Orocobre Ltd (ASX: ORE, TSX: ORL). a Leading Lithium Company Operating in South America’s ‘Lithium Triangle’
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Dr. Allen Alper, Editor-in-chief of Metals News, interviewed Andrew Barber, Investor Relations Manager at Orocobre Ltd (ASX: ORE, TSX: ORL). Orocobre is a leading company operating in South America’s ‘Lithium Triangle’, a region that boasts one of the largest reserves of lithium in the world. It has established a substantial presence in Argentina by construction of large scale lithium and boron projects and facilities.
Click here to continue...
Interview with Bob Evans, CFO and Director of Ascot Resources (TSX-V: AOT): High-Grade Premier Gold Project, Located in British Columbia
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


We interviewed Bob Evans, CFO and Director of Ascot Resources (TSX-V: AOT), who is very excited that their high-grade Premier Gold Project, located in British Columbia, was recognized by one of the Canadian precious metals gurus, Eric Sprott, who made a $20 million personal investment in the company. Currently Ascot is conducting exploration and definition drilling on the project. Results continue to demonstrate good continuity and grades of the mineralization. Excellent existing infrastructure and close proximity to the town of Stewart make this a relatively low-cost project.
Click here to continue...
Interview with Mark Smith, President and CEO of NioCorp (TSX.V - NB, OTCQX: NIOBF, FSE: BR3) Advancing the Elk Creek Niobium-Scandium-Titanium Project in Southeast Nebraska, USA
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


NioCorp Developments Ltd. (TSX.V - NB, OTCQX: NIOBF, FSE: BR3) is advancing the Elk Creek niobium-scandium-titanium project in the Southeast Nebraska, USA. With the prospective production of 240 million kilograms of ferroniobium. This is the third richest niobium resource known in the world today. According to the Company’s October 2015 Preliminary Economic Assessment (PEA), the mine and processing facility is expected to produce 7,490 metric tonnes (mt) of ferroniobium per year for 32 years, along with 97 mt a year of scandium trioxide and about 24,000 mt of titanium dioxide annually as a byproduct of the niobium production. Mark Smith is the President and CEO of NioCorp and the single largest shareholder in the company. He has had a very successful career in running companies that mine, refine, manufacture and market strategic and critical elements and products. The Elk Creek project has extremely strong state and local support in Nebraska. The company is closing in on completion of the project’s Feasibility Study, and the next step is full project financing and building the underground mine and surface processing facility. According to Mr. Smith, demand for niobium is robust (4-6% CAGR); they have already contracted out 75% of their niobium production; and are in discussions with several other parties concerning the remaining 25%.
Click here to continue...
Interview with Rob McEwen, Chairman & Chief Owner of McEwen Mining (NYSE: MUX, TSX: MUX)
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


McEwen Mining Inc. (NYSE: MUX, TSX: MUX) is a growing gold and silver producer in the Americas. The Company's goal is to qualify for inclusion in the S&P 500. We learned from Mr. Rob McEwen, Chairman & Chief Owner of McEwen Mining, that during the 2nd quarter, the company produced 27,888 ounces of gold and 875,006 ounces of silver, while their cash and bullion inventories have increased to $57 million. The growth was generated entirely through their operations, without having to do any financing. Mr. McEwen is very pleased with the changes happening in Argentina, where the company's San Jose mine is located. With the export taxes removed and the exchange rate addressed, Mr. McEwen is seeing the increase in the contribution of the San Jose mine to his treasury. According to Mr. McEwen the company has a strong balance sheet, no debt and good growth prospects.
Click here to continue...
Joseph Grosso, Executive Chairman, CEO and President of Golden Arrow Corporation (TSX-V: GRG): 100% owned Chinchillas Silver Project, Strategic Partnership with Silver Standard, Accelerating Development
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Golden Arrow Resources Corporation (TSX-V: GRG) is focused on its 100% owned Chinchillas Silver Project located in the province of Jujuy, Argentina. We learned from Joseph Grosso, Executive Chairman, CEO and President of Golden Arrow, that the strategic partnership has been worked out with Silver Standard who owns nearby Pirquitas Silver project that is near the end of its mine life. This could allow Golden Arrow to use the Pirquitas mine infrastructure and to start exploitation of the Chinchillas deposit within one year instead of waiting six or seven years. According to Mr. Grosso what makes Golden Arrow stand out from other mining companies is the decision they made 23 years ago to become the early stage developer of mining in Argentina, a country with huge geology potential that had zero mining going on in 1993. According to Mr. Grosso the new government in Argentina is mining-friendly, and with the turn in the market the company will continue its quest towards new discoveries.
Click here to continue...
Steve Houghton, CEO of Cerro Grande Mining Corporation (CSE: CEG): (OTCQB: CEGMF) Gold and Copper Mining Company with Properties in Chile
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Cerro Grande Mining Corporation (CSE: CEG) (OTCQB: CEGMF) is a gold and copper mining company with properties in Chile. It´s 100% owned, producing Pimenton mine has been operating for the last eight years at about 110 tons per day producing up to 15,000 ounces of gold a year. The mine has been shut down since June 2nd due to snowstorms. According to Steve Houghton, CEO of Cerro Grande Mining, the company needs about $3 million to restart the mine and is actively looking for funds. The mine is totally permitted and ready to start producing within about two weeks after raising the funds. The projected free cash flow in the first year should be close to $750,000 a month. The company has just received its updated NI 43-101 dated July 21, 2016 prepared by Watts, Griffis& McOuat, Toronto, Ontario, Canada.
Click here to continue...
Interview with Joseph Hebert, CEO of Miranda Gold Corp. (TSX-V: MAD): Three very Strong Projects in Colombia and Advanced Production Stage JV in Alaska
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Miranda Gold Corp. (TSX-V: MAD) is a gold exploration company with a high degree of expertise focused on Colombia and Alaska. The company employs the prospect generator and joint venture model whereby it finds a good project and a joint venture operator partner that carries the project to a production decision. We learned from Joseph Hebert, CEO of Miranda Gold that the company has three really strong projects in Colombia - Cerro Oro, Antares and Oribella, with Cerro Oro about to be drilled by Prism Resources and with near-term discovery possibility at Antares. In Alaska, the company has an advanced production stage project called Willow Creek, which is a joint venture with Gold Torrent and a near-term production and cash flow opportunity. According to Mr. Hebert, Colombia holds a lot of gold and copper and with the situation in the country normalizing Miranda Gold is best positioned to acquire the best Colombian gold projects.
Click here to continue...
Interview with Normand Champigny, President and CEO Sphinx Resources Ltd. (TSX-V: SFX): Exploration and Development Company Focused on Acquiring Projects in Québec with a Team of Quebec Gold Minefinders
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Sphinx Resources Ltd. (TSX-V: SFX) is an exploration and development company focused on generating and acquiring projects in Québec. We learned from Normand Champigny, President and CEO of Sphinx, that there are three criteria they are looking for in a potential project: First, good infrastructure with road access; second, good social acceptability; and third, areas with precious metal potential in high grade metamorphic terrains. According to Mr. Champigny the key factor that sets Sphinx apart is the team, which includes three mine finders with tremendous experience in the industry and deep knowledge of doing work in Quebec. The company's project generator business model is set up to minimize dilution. Having a number of promising projects maximizes the chances of discovery.
Click here to continue...
Interview with Blair Way, President, CEO of Flinders Resources Limited (TSXV: FDR): Becoming a One Stop Shop for All the Customers in the Green Energy Industry
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Flinders Resources Limited (TSXV: FDR) is a European graphite producer that owns 100% of the Woxna Graphite Mine and high purity graphite production facility in Sweden. Flinders Resources is currently finalizing its merger with Tasman Metals (TSXV: TSM) that owns Nora Karr rare earths deposit. We learned from Blair Way, President, CEO of Flinders Resources, that once the merger is complete, the company will undergo a rebranding to reflect the fact that they are working beyond just being a graphite company, but rather a one stop shop for all the customers in the green energy industry. At the same time Flinders is building relationships with potential customers in Asia and Europe, as well as actively looking for other commodities that they can add to their commodity menu.
Click here to continue...
Interview with Craig Alford, CEO and Director of Oroplata Resources (OTC: ORRP) Rapidly Developing a Very Large Lithium Brine Target in Railroad Valley, Nevada
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Oroplata Resources Inc. (OTC: ORRP) is rapidly developing a very large lithium brine target in Railroad Valley, Nevada, first identified as lithium rich by the USGS roughly 20 years ago. The company plans to produce battery grade lithium carbonate using a low cost, low environmental impact method of lithium extraction. Craig Alford, CEO and Director of Oroplata Resources, believes that they have one of the best closed basins in the state and they will use the best drill techniques and the best science to bring up an amazing resource. The company's stock is getting a lot of traction as the result of environmental awareness and social acceptance of clean energy solutions. Mr. Alford stated that the American lithium market is going to be the highest growth market in the world for a while and Oroplata Resources will become a substantial, profitable US-based lithium producer.
Click here to continue...
Interview with Stephen G. Roman, Chairman, President and CEO of Harte Gold (TSX: HRT, FSE: H4O, OTC: HRTFF): Generating Cash Flow through Bulk Sample Program then into Commercial Production upon Receipt of Commercial Permits
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


We spoke with Stephen G. Roman, Chairman, President and CEO of Harte Gold (TSX: HRT, FSE: H4O, OTC: HRTFF), about the progress of the advanced exploration and bulk sample program at their 100% owned Sugar Zone Deposit located in Ontario, 60 kilometers east of the Hemlo Gold Camp. So far they have produced more tons than expected, and the grades have been higher than expected. The company is generating a free cash flow now through this bulk sample program and would like to be able to continue mining until they get their commercial permits, and then move right in to commercial production. According to Mr. Roman, they expect to generate over 5 million of profit at the end of this bulk sample phase and then once they go into commercial production, they expect to generate significant profits, doing between 70 and 80 thousand ounces a year of production. We learned from Mr. Roman that the company has excellent exploration upside and on July 20th they will start drilling targets between Wolf Zone and Sugar Zone with the aim to be well over a million ounces by the end of the year.
Click here to continue...
Interview with Lee Barker, President and CEO of Sparton Resources (TSX.V: SRI): Completed Commissioning of the Zhangbei Project's 8 Megawatt Hour Vanadium Flow Battery
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA

Sparton Resources Inc. (TSX.V: SRI) completed commissioning of the Zhangbei Project's 8 Megawatt Hour Vanadium Flow Battery earlier this year and its client recently received payment of approximately $C3.2 million from the battery's owner, State Grid North China Company. The ongoing maintenance program revenue over the next 3 years will also provide cash flow. These payments will accrue to Sparton’s operating subsidiary company in China. According to Lee Barker, President and CEO of Sparton Resources, the vanadium flow battery is much better than lithium for large scale energy storage: they can go 100,000 cycles of fully charging and discharging, they don't lose charge while being idle, they operate in cold temperatures and warm temperatures, they don't have to be air-conditioned in hot environments, they are not flammable, better for computer systems backup, because the electricity in the vanadium battery can be discharged almost instantaneously, for large-scale storage, these batteries are about 1/3 the cost of a similar sized lithium battery, when you factor in the life of the battery over time; and at the end of their life, they are fully recyclable. There is an incredible market for large energy storage all over the world. Sparton also has access to clean and pure primary vanadium deposits in China that they believe will be developed. They are currently in the process of negotiating with various potential strategic partners to acquire the battery manufacturer and develop these deposits. This way they could potentially build a company with the source for the raw material that can make the vanadium flow batteries, and get a cost benefit from that and make it more competitive in the marketplace.
Click here to continue...
Interview with Rudi P. Fronk, Chairman and CEO of Seabridge Gold (TSX: SEA, NYSE: SA): Core Assets are Located in Canada, its Resource Base of Gold, Copper and Silver is One of the World's Largest
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Seabridge Gold (TSX: SEA, NYSE: SA) is a gold exploration company with the principal objective to grow resource and reserve ownership per common share. The company's core assets are located in Canada, its resource base of gold, copper and silver is one of the world's largest. Its KSM project is now the largest undeveloped gold reserve on the planet and also the only big project in the world today held by a junior that's shovel ready. According to Rudi P. Fronk, Chairman and CEO of Seabridge Gold, the recently acquired Iskut property can be another KSM, but only better because it also has that very high grade gold mineralization that's pretty close to the surface. We learned from Mr. Fronk that the company is very lean, has no debt, and has about $30 million of cash in the bank. At 1.8 ounces of gold per common share in the ground, Seabridge Gold provides ten to thirty times more gold ownership per share than any other gold company.
Click here to continue...
Interview with Michael Philpot, Executive Vice President: Coro Mining (TSX: COP): Growing Chilean Producer of Copper Cathodes and Copper Miner
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Coro Mining Corp. (TSX: COP) is a growing Chilean copper producer that started producing copper cathodes from their Nora Plant located in the 3rd region of Chile, near the Berta copper deposit discovered and developed by Coro. The company linked the Berta mine to the Nora Plant and started production at 3000 tons per annum, which is about 6.5 million pounds of copper, and they are in the process of upgrading to 5000 tons (or 11 million pounds) of copper cathode. Recently Coro made an exciting copper discovery at their Marimaca project located in the 2nd region. According to Michael Philpot, Executive Vice President and Director of Coro Mining, the company is blessed with a great team and very good partners, including very strategic working relationships with Greenstone Resources and Pro-Pipe. and they have been running a successful business enterprise even during the low point of the copper cycle. Coro is growing by exploring and finding to financing, developing and producing copper in coastal Chile. They have made very strategic working relationships with Greenstone Resources and Pro-Pipe.
Click here to continue...
Interview with Christian Easterday, Managing Director of Hot Chili (ASX: HCH): High Grade Gold Being Added to One of the World’s Lowest Capital Intensity Large Scale New Copper Developments. Located within the Iron Oxide/Copper-Gold Belt of Chile
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Hot Chili Ltd. (ASX: HCH) is an Australian company, focused on its very large-scale Productora copper porphyry deposit, located within the iron oxide/copper-gold belt of Chile 15km south of the town of Vallenar in Chile’s Region III. Productora is a very infrastructure-rich project, standing out as one of the lowest capital intensity large scale new copper projects to be developed. We learned from Christian Easterday, Managing Director of Hot Chili, that the company is fast-tracking a very low cost, rapid assessment of a high-grade gold deposit, recently discovered in the southern extent of Productora. Next steps for Hot Chili will be advancing Productora to a decision to mine, while in parallel, making preparations towards the first major drilling program to be directed over what appears to represent approximately 1 billion tons of additional growth potential in the main copper-gold asset. According to Mr. Easterday, Hot Chili is a very consolidated company, has very strong funding support and is partnered with CAP Mineria, one of Chile's largest resource majors. The company has a very strong news flow lined up for the coming 6 to 12 months. Productora is an asset that will be at the front of the queue of the next wave of copper price escalation. Most importantly for investors- it is the emergence of a very robust looking high grade gold deposit which looks likely to be turning heads- with the drill rods due to start turning soon also.
Click here to continue...
Interview with Dr. Iain Todd, President and COO of Stria Lithium Inc. (TSX-V: SRA; OTCQX: SRCAF): A Junior Miner on a Fast-track to Revenues
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Stria Lithium (TSX-Venture: “SRA”) is a junior mining company, advancing development of its Pontax Lithium exploration property in Quebec and developer of a proprietary lithium extraction technology aiming to be in production of in-demand lithium metal within the next 12 to 24 months. According to metallurgical engineer Dr. Iain Todd, President and COO of Stria, the company has validated its technology in the laboratory, holds the in-house equipment for producing lithium metal and are currently in the process of raising funds through a private placement offering to develop a pilot production plant to obtain the engineering data prior to full-scale production. We learned from Dr. Todd there are three main areas where lithium metal is consumed: battery market, where it is used as a lithium foil; aluminum alloying for the aircraft industry; and also, in pharmaceuticals. Having the in-house technology ready, Stria aims to become a lithium metal producer, and to get its product to the market in one or two years rather than four or more years it might take to bring its mine into production.
Click here to continue...
Interview with Stan Bharti, Chairman and Acting CEO of Aberdeen International (TSX: AAB): a Successful Global Resource Investment Company and Merchant Bank
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Aberdeen International (TSX: AAB) is a global resource investment company and merchant bank focused on small-cap companies in the mining and metals sector. We learned from Stan Bharti, Chairman and acting CEO of Aberdeen International, who has a very successful track record, that today the company has two major investments: one is close to a US $15 million investment in a private South-African platinum-palladium company called African Thunder, and the other is an investment in one of the largest advanced lithium resources in the world called Lithium X, located in Argentina. African Thunder is a producing mine with close to a million ounces of platinum and palladium and a huge exploration upside that was put on standby because of low prices, but there is a plan to reactivate it in the beginning of 2017. Aberdeen owns approximately 50% of African Thunder with the other 50% owned by a company in Switzerland. Lithium X is a well-developed resource that is completing its feasibility study. According to Mr. Bharti, these are both world-class assets that, over the next two or three years, in a good market, will unlock substantial value for Aberdeen. In addition, Aberdeen had several other assets, including coal and gold that have been sold to build a small resource fund that helps fund investments like the lithium project. Aberdeen manages this fund, which has already grown from about $8 million to $10 million in assets in less than a year.
Click here to continue...
Liberty Star Uranium & Metals Corp. (OTCBB: LBSR): Gold Anomaly, Phase 1 for High Grade Metals & Other Prospects
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Liberty Star Uranium & Metals (OTCBB: LBSR) is an exploration and mining development company located in Tucson, Arizona under the leadership of James A. Briscoe. The company's flagship project is Hay Mountain multi-target, multi-metal project located in Cochise County, southeast Arizona. It is a variable depth exploration project for porphyry copper, gold, moly and multiple potential by-product metals including lead, zinc, manganese, silver, uranium, thorium, and rare earth elements. Using the most advanced technology and equipment the company identified the potential for discovery of a high grade and very large limestone replacement and porphyry hosted copper, gold, and moly ore body and plans to engage in exploratory diamond core drilling as soon as possible.
Click here to continue...
Brooke Macdonald, President and CEO of Cornerstone Capital Resources (TSXV: CGP, F: GWN, B: GWN, OTC-CTNXF): a Prospect Generator Following the Joint Venture Model with a Diversified Portfolio of Projects in Ecuador
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Cornerstone Capital Resources Inc. (TSXV: CGP, F: GWN, B: GWN, OTC-CTNXF) is a mineral exploration company and a prospect generator following the joint venture model with a diversified portfolio of projects in Ecuador and Chile. The anchor in the company right now is the 15% interest in a property in Ecuador called Cascabel that has the potential to become a very large gold enriched copper porphyry deposit. The operator of the project, an Australian company called SolGold, has announced it is putting together the first inferred resource toward the end of the year. According to Brooke Macdonald, President and CEO of Cornerstone, deposits like Cascabel are very hard to find, and has already attracted the interest of major mining companies. We learned from Mr. Macdonald that Ecuador is the last under-explored part of the Andes and likely to be the place where large deposits are discovered in the near future at lower cost than in other places. Cornerstone entered into a strategic alliance with ENAMI EP of Ecuador, the state mining company, in order to explore for new areas together. In addition to Cascabel, Cornerstone owns several properties in Ecuador that are drill ready, and an early stage gold-silver-copper property called Miocene in Chile. The company is well funded with enough money to last several years without going back to the market.
Click here to continue...
Interview with Dr. Morgan Poliquin, President and CEO Almaden Minerals Limited (TSX: AMM; NYSE MKT: AAU): Owns Ixtaca Gold-Silver Deposit in Eastern Mexico, About Three and a Half Million Gold Equivalent Ounces
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Almaden Minerals Limited (TSX: AMM; NYSE MKT: AAU) is advancing its wholly owned Ixtaca Gold-Silver Deposit in eastern Mexico that the company discovered back in 2010. This is a gold and silver vein system with about three and a half million ounces of 43-101 compliant resource in gold equivalent. Recently they produced a PEA that focused on a mine plan for a higher grade portion of the deposit, about 1.6 million ounce gold equivalent open pit and a conventional mill. They expect the pre-feasibility study based on the PEA to be completed later this year. According to Morgan Poliquin, President and CEO of Almaden, they will make a production decision sometime next year. We learned from Dr. Poliquin that he completed his PhD in eastern Mexico and has a lot of proprietary knowledge on this area. The company has access to inexpensive drilling through its sister company, Almadex Minerals Limited (TSXV: AMZ), which owns its own drills and can take a project from early stage prospecting and target definition all the way through resource and engineering level drilling. They have no debt, a clean balance sheet and capital to push forward. Almaden’s excellent team has a track record of making new discoveries, and has found a number of deposits that have become mines.
Click here to continue...
Discussion with the Management of Scheelite Metals LLC. Looking for Financing to Create a World Class Tungsten Mine in the United States
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA



We interviewed the management team of Scheelite Metals LLC., who is positioned to create a world class tungsten mine in the United States. They have a huge orebody with over 44 miles of tungsten outcroppings. Scheelite Metals, with minimal investment, has progressed the mine to the point where a relatively small investment of 12.5 million dollars will bring the mine to a 500 ton per day production capacity. This is a golden opportunity for investors to get in on the ground floor, where in 1-2 years, this mine can be virtually untouchable from any external market. Scheelite Metals is positioned to be a highly profitable operation with minimal operational cost and it will be a serious market player here in the United States.
Click here to continue...
Interview with Michael Tamlin, COO of Neometals Ltd (ASX: NMT, OTC: RDRUY): Advanced Australian Mt. Marion Lithium Project and Patented "ELi Process" will Produce Battery Grade Lithium Hydroxide at Low Cost
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Neometals Ltd. (ASX: NMT, OTC: RDRUY) is an Australian mining and development company focused on developing concurrently its advanced stage Mt. Marion lithium project and its patented "ELi Process" that will produce battery grade lithium hydroxide at low cost. With two strategic partners, - Australia’s largest contract minerals processor as their operating partner, and China’s leading, most profitable, lithium producer as their off-take partner for Mt. Marion project, - Neometals is uniquely positioned to capitalize on the rapidly growing demand for Lithium products. We learned from Michael Tamlin, COO of Neometals that Mt. Marion is at a very advanced stage, where they have started mining, have commissioned the crushing operation and are establishing some stockpiles. According to Michael Tamlin, the next stage for Neometals is to build the pilot plant to produce lithium hydroxide. The company's goal is to build a sustainable and profitable business.
Click here to continue...
Interview with Klaus Eckhof, Chairman of Burey Gold Ltd. (ASX: BYR): Giro Gold Project, Located within the Moto Greenstone Belt that Hosts Randgold and AngloGold 17Moz Kibali Project
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Burey Gold Limited (ASX: BYR) is focused on exploring for gold in the northeastern part of the Democratic Republic of Congo. Their key asset is Giro Gold Project, located within the Moto greenstone belt that hosts Randgold and AngloGold Ashanti’s 17Moz Kibali Project just 30km east of Giro. We learned from Klaus Eckhof, Chairman of Burey Gold, that with the turn in the market instead of raising $1 to $2 million, they were able to raise $12 million, which will allow the company to conduct parallel exploration drilling programs at Giro in the northwestern and in the southern parts of the project. According to Mr. Eckhof despite having been diluted over the last 3 or 4 years by the low share prices and the difficulty of raising capital, the company is still quite tightly held.
Click here to continue...
Interview with Mr. Gary R. Thompson, Chairman and CEO of Brixton Metals Corporation (TSX-V: BBB): Exploring and Developing High Grade Gold and Silver Projects in Canada with Support from Very Strong Shareholders
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Brixton Metals Corporation (TSX-V: BBB) owns 100% of two very strong high grade gold and silver projects in Canada. The Langis Silver Mine located in Ontario near Lake Timiskaming is a very high grade silver past producer and represents a potential near term production opportunity. The Langis project has excellent local infrastructure, year-round road access, close proximity to power, rail, natural gas, mills, refiner and assay lab. Brixton's second project “Thorn” is located in northwest British Columbia and it represents a district scale gold/silver system with major discovery potential that could be a real company maker. According to Mr. Thompson, Chairman and CEO of Brixton Metals, the company's goal is to drill gold targets at Thorn project before winter and to advance Langis project towards an initial maiden resource. We learned from Mr. Thompson, that Brixton has some strong shareholders like Mr. Rob McEwen, Hecla Mining, Mr. Eric Sprott and CMP, and that management holds a large amount of the stock.
Click here to continue...
Interview with Phillip Walford, President, CEO and Director of Marathon Gold (TSX: MOZ): Marathon Gold Deposit in Newfoundland Obtaining Excellent Metallurgical Results
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Marathon Gold (TSX: MOZ) is a Canadian gold resource development company focused on Marathon Gold Deposit at the company's wholly owned Valentine Lake Gold Camp located in central west Newfoundland. We learned from Phillip Walford, President, CEO and Director of Marathon Gold, that the company is simultaneously advancing two programs: One is a metallurgical program and the second is the drilling to expand the resources at the Valentine Lake. We learned that the first phase of metallurgical testing is still in progress but recoveries at Marathon already are looking to be in the 90th percentile which is very good. The second phase of the metallurgical program is testing for heap leach potential and the recoveries here look to be significant, and will have a significant impact on the economics for the PEA that the company plans to start the fourth quarter of this year. Mr. Walford is pretty excited about the summer program both the metallurgical work and the exploration. The Marathon Gold stock more than doubled since the PDAC.
Click here to continue...
Richard Williams, President of Waseco Resources (TSX.V: WRI, Frankfurt: WSE): Exploration Company Focused on Gold in Nevada with the Lead Property Strategically Located next to Newmont's Trenton Canyon Mine
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Waseco Resources (TSX.V: WRI, Frankfurt: WSE) is an exploration company focused on gold in Nevada with the lead property strategically located next to Newmont's Trenton Canyon mine, right on the Battle Mountain trend, in the middle of gold country. Two years ago the company did the initial drilling that was successful in hitting a high grade zone of just under an ounce over 12 feet. The follow up drill program is now subject to financing. We learned from Richard Williams, President of Waseco Resources, that the company is very tightly held with management owning a fair bit of the stock. There are two other projects waiting on standby: the uranium project with Areva in Quebec is on hold pending a change in uranium prices; and a small interest in a diamond property next to De Beers’ Victor mine up in Attawapiskat, Ontario.
Click here to continue...
Interview with Claude Lemasson, President and CEO of Eastmain Resources Inc. (TSX: ER): Assembled a Strong New Board and Management Team, Created a Strategic Partnership with Integra Gold and Aggressively Drilling
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Eastmain Resources Inc. (TSX: ER) is a Canadian exploration company with three promising projects in the James Bay area of Northern Quebec. In the last few months, the Company underwent significant changes, assembled a strong new board and management team, and also formed a strategic partnership with Integra Gold. Recently, Eastmain was able to raise money sufficient to fund all of the company's exploration drilling programs for this year and next year. Eastmain believes that the combination of aggressive exploration of great assets with the uptrend for gold will bring positive changes to the company. Claude Lemasson, President and CEO of Eastmain Resources
Click here to continue...
Interview with Gordon Ellis, President and CEO of Lupaka Gold (TSXV: LPK, FRA: LQP): Invicta Gold, is About to go into Production in Peru
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Lupaka Gold Corp. (TSXV: LPK, FRA: LQP) is a mining and exploration company with three properties in Peru. Their flagship project, Invicta Gold, is about to go into production, mining its high-grade core that could be mined at a thousand tons a day. According to Gordon Ellis, President and CEO of Lupaka Gold, within the next few months, they should be operating at a rate, which will allow them cash flow in the area of ten million dollars. The company has the ability to become cash flow positive, self-supporting and has good upside potential.
Click here to continue...
Interview with Daniel Major, President and CEO of GoviEx Uranium Inc. (CSE: GXU): Three Large Advance-Stage Uranium Projects in Africa with Resources Totaling over 200 Million Pounds of Uranium, Projecting Cash Cost of Under $25 per Lbs.
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


GoviEx Uranium Inc. (CSE: GXU) is a mineral exploration and development company that owns three large advance-stage uranium projects in Africa with resources totaling over 200 million pounds of uranium. Two of the three projects have mining permits and are shovel ready, which adds a lot of value to GoviEx because it can have the mines ready for when the uranium market recovers over the next three to four years as predicted by most analysts. According to Daniel Major, CEO of GoviEx Uranium, they are looking at a cash cost of under $25 a pound and with the predicted uranium prices close to $60 they are going to have a very positive return. We learned from Mr. Major that the key plan is to move forward with development of their flagship Madaouela project in Niger that holds 100 million pounds of uranium. The company is working on financing and optimizing the project and reducing the unit cost. At the same time GoviEx is going through the 25 years of technical data on their second permitted project, Mutanga in Zambia, where they have up to 50 million pounds of uranium. According to Mr. Major, operating in Africa is relatively straight forward; obtaining permits is many times faster than in Canada.
Click here to continue...
mn
Click here for all featured articles...
follow us on twitter
find us on facebook
Featured News
Mirasol Grants Options
VANCOUVER, Aug. 26, 2016 /CNW/ - Mirasol Resources Ltd (TSX-V: MRZ, OTCPK: MRZLF) ("Mirasol" or the "Company") announced the grant of 715,876 incentive stock options under its incentive stock option plan to certain directors, officers, employees and consultants. A portion of these options (255,000 options) relate to recent appointments to the Board and the officers, which will provide greater depth to the Company's management team. The options are exercisable at $2.85 for a period of three years from the date of grant.
Novelis Announces Preliminary Results of Tender Offer for 8.375% Senior Notes due 2017
ATLANTA, Aug. 26, 2016 /PRNewswire/ -- Novelis Inc. (the "Company"), the world leader in aluminum rolling and recycling, announced today the results of its previously announced cash tender offer for any and all of its 8.375% Senior Notes due 2017 (the "Notes"), upon the terms and conditions included in the Offer to Purchase, dated August 15, 2016, as amended.
Ely Gold Increases Size of Previously Announced Private Placement to $1,400,000
TSX-V:ELY
Magnetation LLC Announces Potential Shutdown of its Minnesota and Indiana Facilities
GRAND RAPIDS, Minn., Aug. 26, 2016 /PRNewswire/ -- Magnetation LLC (Magnetation) announced today that it may implement a shutdown of its Minnesota iron ore concentrate plant, rail loading facility and Pellet Plant located in Reynolds Indiana. If implemented, any shutdown would occur on or after September 30, 2016. The Company intends to continue operating in the normal course until such time.
North American Energy Partners Elects to Redeem Its 9.125% Series 1 Senior Unsecured Debentures Due 2017
EDMONTON, ALBERTA--(Marketwired - Aug. 26, 2016) - North American Energy Partners Inc. ("NAEP" or "the Company") (TSX:NOA)(NYSE:NOA) today announced that it has elected to redeem, in whole, its 9.125% Series 1 Senior Unsecured Debentures due 2017 (the "Notes"). The Company currently has a principal amount of $10,000,000 of Notes outstanding and the Notes will be redeemed on September 30, 2016 (the "Redemption Date") at a redemption price (the "Redemption Price") of 100% of the principal amount of the Notes, plus accrued and unpaid interest on the Notes to but not including the Redemption Date of approximately $44 per $1,000 of principal amount of Notes. The record date for the redemption will be September 26, 2016.
Platinex Inc. Completes Private Placement
TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - Platinex Inc. (TSX VENTURE:PTX) (the "Company") has completed the second and final closing of its previously announced non-brokered private placement (the "Private Placement"), issuing an additional 4,720,000 units ("Units") on August 25, 2016 for aggregate gross proceeds of $118,000. 8,000,000 Units were issued on June 28, 2016 for aggregate gross proceeds of $200,000 (the "Initial Closing"), resulting in a total of 12,720,000 Units issued and aggregate gross proceeds of $318,000 under the Private Placement.
Corazon Arranges Non-Brokered Private Placement of Up to $1,000,000
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Corazon Gold Corp. (TSX VENTURE:CGW) ("Corazon" or the "Company") is pleased to announce that it has arranged a non-brokered, non flow-through private placement (the "Financing") of up to 5,000,000 units (each, a "Unit") at a price of $0.20, for total proceeds of $1,000,000. Each Unit will consist of one common share (each, a "Share") and one-half of one warrant (each, a "Warrant"), with each whole Warrant entitling the holder thereof to purchase one additional Share at an exercise price of $0.40 per Share for a period of two years from the closing. The Warrants will have an acceleration clause whereby if the Shares of the Company trade above $0.60 for 10 consecutive days, then the warrant holder shall have 30 days to exercise their Warrant or it will expire.
InZinc Announces Approval of Warrant Extension
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - InZinc Mining Ltd. (TSX VENTURE:IZN) ("InZinc" or the "Company") announces that on August 25, 2016 it received approval from the TSX Venture Exchange to extend the exercise period of an aggregate of 4,513,700 outstanding common share purchase warrants that were issued in two separate non-brokered private placements in 2014. The exercise period of 1,666,700 outstanding share purchase warrants, which were issued August 29, 2014 and due to expire August 29, 2016, has been extended for a period of 12 months until August 29, 2017. The exercise period of 2,847,000 outstanding share purchase warrant, which were issued September 29, 2014 and due to expire September 29, 2016, has been extended for a period of 12 months until September 29, 2017. The exercise price of $0.30 remains unchanged for both exercise period extensions. A Notice to Warrantholders of New Expiry Date will be sent to warrantholders of the two private placements.
Silvercorp announces Ontario Court of Appeal upholds ruling dismissing proposed securities class action lawsuit
Trading Symbol: TSX: SVM
Steelworkers Announce Tentative Agreement with Cliffs Natural Resources
PITTSBURGH, Aug. 26, 2016 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today said that the union reached tentative agreement on a new contract with Cliffs Natural Resources on behalf of about 2,000 members of four local unions at the company's U.S. iron ore mines. Subject to a vote by the membership, the proposed agreement would be retroactive to Oct. 1, 2015 and expire on Oct. 1, 2018.
Cliffs Reaches Tentative Agreement with United Steelworkers on New Labor Contract for Michigan and Minnesota Mining Operations
CLEVELAND, Aug. 26, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today a tentative agreement with the United Steelworkers (USW), on a new 3-year labor contract that is effective as of October 1, 2015. The new contract will cover approximately 2,000 USW-represented workers at Cliffs' Tilden and Empire mines in Michigan, and its United Taconite and Hibbing Taconite mines in Minnesota.
Manufacturing Day Offers Insightful, Onsite Experiences
As the old idiom goes, "Seeing is believing,' and that is the guiding principle behind Manufacturing Day. It was created in response to a dire need in America: The industry today faces a major shortage of skilled workers. An estimated two million manufacturing jobs will go unfilled over the next decade due to companies' inability to find talent with the required skills.
UAE Gems and Jewelry Market to Grow 8.7% by 2021 - Increasing Demand for Exclusive & Designer Jewelry - Research and Markets
DUBLIN, August 26, 2016 /PRNewswire/ --
Osisko Mining Files Early Warning Report
TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - Osisko Mining Inc. (TSX:OSK) ("Osisko") announced today that it has filed an early warning report in respect of its holdings in Kilo Goldmines Ltd. ("Kilo"). Osisko subscribed by way of a non-brokered private placement offering (the "Private Placement") for 5,000,000 equity units ("Units") of Kilo. Under the Private Placement, the Units were offered and sold at a price of $0.10 per Unit with each Unit consisting of one common share (a "Common Share") and one common share purchase warrant.
Iberian Minerals Reports on Details of the Annual and Special Meeting
EDMONTON, ALBERTA--(Marketwired - Aug. 26, 2016) - Iberian Minerals Ltd. (the "Company" or "Iberian") (TSX VENTURE:IML)(OTCQB:SLDRF) announced that it held its Annual and Special Meeting on August 25, 2016. All of the resolutions proposed to the shareholders detailed in the Notice of Annual General Meeting of Iberian Minerals Ltd. dated July 29, 2016 were duly passed.
Sphinx: Corporate Update
Stock option plan
IDM Mining Retains O&M Partners, LLC and Investor Relations Consultant
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - IDM Mining Ltd. (TSX VENTURE:IDM) is pleased to announce that it has engaged O&M Partners, LLC ("O&M") to assist in targeting non-deal institutional and independent money managers throughout the United States including financial centres often overlooked. In addition, the Company is pleased to announce that it has retained the part-time investor relations consulting services of Nigel "Alex" Horsley.
Anfield Gold Corp. Appoints Andrew Storrie as President and Chief Operating Officer
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Anfield Gold Corp. ("Anfield") (TSX VENTURE:ANF) announces that Andrew Storrie has been appointed President, Chief Operating Officer of Anfield and General Manager of Chapleau Exploração Mineral LTDA. He will report to Marshall Koval, Anfield's Chief Executive Officer and be responsible for management of ongoing operations at Anfield's Coringa Gold Project in Para State, Brazil.
Homestake Announces AG&SM Results and Approval of Arrangement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Homestake Resource Corporation (TSX VENTURE:HSR)(FRANKFURT:B6IH), (the "Company" or "Homestake") today announced that at the annual general and special meeting of shareholders held on August 25, 2016 (the "AG&SM"), the Company's shareholders passed a special resolution approving the Company's previously announced statutory Arrangement pursuant to which Auryn Resources Inc. will acquire all of the issued and outstanding common shares of the Company in exchange for shares of Auryn. The special resolution was passed with 98.24% of the votes cast at the Meeting voting in favour.
Vivakor Oil Production Begins in Utah
LAS VEGAS, NV--(Marketwired - August 26, 2016) - Vivakor Inc. (OTC PINK: VIVK) announced today that it is now officially operating its proprietary oil extraction technology and producing oil in Vernal, Utah. The Company had been previously testing its distinctive oil production process from the oil sands in Eastern Utah.
Resolute (Treasury) Pty Ltd. Announces Filing of Early Warning Report Related to Acquisition of Units of Kilo Goldmines Ltd.
TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - Resolute (Treasury) Pty Ltd. ("Resolute"), a wholly-owned subsidiary of Resolute Mining Limited, has filed an early warning report announcing that Resolute acquired ownership of 24,700,00 units ("Units") of Kilo Goldmines Ltd. (the "Issuer") for cash consideration of $2,470,000. Each Unit is comprised of one common share of the Issuer (each, a "Share") and one common share purchase warrant of the Issuer (each, a "Warrant"). The Warrants are exercisable into 24,700,000 Shares of the Issuer. The Units were acquired by Resolute by way of private placement (the "Private Placement") and not pursuant to market purchases.
Aviva Wolmer Named Mid-Market Rising Star by CEO Connection®
SYOSETT, N.Y., Aug. 26, 2016 /PRNewswire/ -- Aviva Leebow Wolmer, chief executive officer of Pacesetter Steel Service, Inc., is the recipient of the 2016 CEO Connection®Mid-Market Rising Star Award.
KWG Tables Study of East-West Road to Ring of Fire Networking Eabametoong, Neskantaga, Webequie and Marten Falls With Nibinamik, Kingfisher, and Wunnumin Lake Connections Also Feasible
TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") has posted on its website an all-weather road study that was previously prepared for it by Green Forest Management Inc. The report estimated that an all-weather gravel road starting in the west at the Northern Ontario Resource Trail Road northeast of Pickle Lake, projecting eastward to the Ring of Fire area over a distance of approximately 305 kilometres, would cost between $83.6 million to $99.9 million. Trunk roads from it to connect the First Nations communities of Eabametoong, Neskantaga, Webequie and Marten Falls would cost between $36.1 million and $73.1 million depending on the route alignments selected. The study notes that additional trunk roads to connect Nibinamik, Kingfisher, and Wunnumin Lake are also feasible but required further research for construction budgeting purposes.
NGEx Resources Inc. and Filo Mining Corp. Announce TSX Venture Exchange Approval and Listing of Filo Mining Common Shares
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - NGEx Resources Inc. (TSX:NGQ)(OMX:NGQ) ("NGEx") and Filo Mining Corp. (TSX VENTURE:FIL) ("Filo Mining") are pleased to announce that Filo Mining has received confirmation from the TSX Venture Exchange (the "TSXV") that the conditions for listing have been satisfied and the TSXV has issued its Final Exchange Bulletin on August 25, 2016 confirming the approval of the listing of the common shares of Filo Mining (the "Filo Common Shares") on the TSXV. The Filo Common Shares commence trading today on the TSXV as a Tier 2 Issuer under the ticker symbol "FIL".
High Performance Alloys - Global Strategic Business Report 2016-2022: Leading HPA Companies Worldwide and Their Presence in Various HPA Alloy Categories - Research and Markets
DUBLIN, August 26, 2016 /PRNewswire/ --
US$53+ million of equipment sold at Houston auction
More than 4,500 people registered to bid in Ritchie Bros.' unreserved public auction on Aug 24-25
Anaconda Mining sells 16,023 ounces and generates $7.0M of EBITDA at the Point Rousse Project in fiscal 2016
TORONTO, Aug. 26, 2016 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") - (TSX:ANX) is pleased to report its financial and operating results for the fiscal year ended May 31, 2016. The Company sold 16,023 ounces of gold in fiscal 2016 resulting in $24,361,471 in revenue at an average sales price of $1,520 (USD$1,151) per ounce. Cash cost per ounce sold at the Point Rousse Project for fiscal 2016 was $1,081 (USD$819). Earnings before interest, taxes, depreciation and amortization and other non-cash expenses ("EBITDA") at the project level were $7,036,401. Net income for the year ended May 31, 2016 was $195,449. As at May 31, 2016, the Company had cash and cash equivalents of $1,636,161 and net working capital of $819,322. All dollar amounts are in Canadian dollars unless otherwise noted.
Homestake Shareholders Approve Acquisition by Auryn
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Auryn Resources Inc. (TSX VENTURE:AUG) (OTCQX:GGTCF) ("Auryn") is pleased to announce that the plan of arrangement (the "Arrangement"), pursuant to which Auryn will acquire all of the issued and outstanding common shares of Homestake Resource Corporation ("Homestake") was approved by Homestake shareholders at the special meeting of Homestake shareholders held on August 25, 2016. At the meeting, approximately 98.2% of the votes cast by Homestake shareholders were voted in favour of the Arrangement. A total of 27,149,419 Homestake common shares were voted at the meeting, representing approximately 39.1%% of the votes attached to all outstanding Homestake shares.
Consolidated Minerals Limited ('Consmin' or the 'Company'): Report for the Second Quarter Ending 30 June 2016
ST HELIER, Jersey, August 26, 2016 /PRNewswire/ --
Galaxy Resources Limited Announcements
PERTH, Australia, Aug. 26 2016 /CNW/ -Galaxy Resources Limited (ASX:GXY) ("Galaxy") ("the Company") advises that the following announcement have been made to the Australian Securities Exchange (ASX):
Outokumpu - Manager transaction: Michael S. Williams
Outokumpu Oyj
Group Ten Metals Retains Bellefleur as Interim CFO
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Group Ten Metals Inc. (TSX VENTURE:PGE)(FRANKFURT:5D31) (the "Company" or "Group Ten") announces that Jody Bellefleur has rescinded her resignation as announced August 12, 2016 in order to assist the Company as interim CFO.
Augyva Mining Resources Inc. Announces Results of Shareholders' Meeting
TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Augyva Mining Resources Inc. (TSX VENTURE:AUV) ("Augyva" or the "Company") is pleased to announce the results from its annual general and special meeting of shareholders held August 25, 2016 (the "Meeting").
Odin Mining and Exploration Ltd. Announces Results of AGM
VANCOUVER, BC--(Marketwired - August 25, 2016) - Odin Mining and Exploration Ltd. ("Odin") (TSX VENTURE: ODN) announces the results of its annual general and special meeting of shareholders held on August 25, 2016 in Vancouver. At the meeting, shareholders voted in favour of electing each of Marshall Koval, Lyle Braaten, Donald Shumka, Michael Steinmann and Stephen W.C. Stow as directors of Odin to hold office for the ensuing year. The shareholders also voted in favour of each of the other matters considered, including appointing auditors for the ensuing year, authorizing the board of directors to determine the remuneration payable to the auditors, confirming and approving Odin's 10% Rolling Stock Option Plan, and changing Odin's name to "Lumina Gold Corp."
IDM Mining Files Updated NI 43-101 Preliminary Economic Assessment for the Red Mountain Gold Project
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - IDM Mining Ltd. (TSX VENTURE:IDM) today announced the completion and filing of the updated NI43-101 Preliminary Economic Assessment Technical Report for the Company's Red Mountain Gold Project, BC, Canada.
Core Exploration Ltd (ASX:CXO) First Lithium Drilling Underway on Finniss Lithium Project
Core Exploration Ltd (ASX:CXO) ("Core" or the "Company") is pleased to announce that it has commenced the Company's first lithium focused drilling program at the Finniss Lithium Project in the Northern Territory.
Cardinal Resources Ltd (ASX:CDV) Completes Second Tranche Placement
Cardinal Resources Limited (ASX:CDV) ("the Company") is pleased to confirm that following the approval at the General Meeting of Shareholders, held on 19 August 2016, the Company has allotted 19,481,330 fully paid ordinary shares at $0.29 per share.
Albemarle Corporation to present at the KeyBanc Capital Markets Basic Materials & Packaging Conference on September 13, 2016
CHARLOTTE, N.C., Aug. 25, 2016 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today its participation in the upcoming KeyBanc Capital Markets Basic Materials & Packaging Conference on September 13, 2016, in Boston. The conference format will consist of small group meetings scheduled throughout the day. Scott Tozier, executive vice president and chief financial officer; Matt Juneau, executive vice president, corporate strategy and investor relations; and Sharon McGee, vice president, corporate development, will represent the company during this event.
Element Global, Inc. (ELGL) Provides Corrections and Additional Info on Announced Binding "Letter of Intent"
VIRGINIA BEACH, VA--(Marketwired - August 25, 2016) - Earlier, ELEMENT GLOBAL, INC. (OTC PINK: ELGL) announced binding "Letter of Intent" with GLOBAL MINING GROUP, INC., a Delaware Corporation. The Corporate entity is called ELEMENT GLOBAL MINING GROUP, INC., a Delaware Corporation, not GLOBAL MINING GROUP, INC.
IACMI - The Composites Institute and University of Tennessee, Knoxville Officials Announce Newly Named Facility Dedicated to Composites Manufacturing and Engineering
KNOXVILLE, Tenn., Aug. 25, 2016 /PRNewswire/ -- The Institute for Advanced Composites Manufacturing Innovation- IACMI and The University of Tennessee, Knoxville officials dedicated a revamped University of Tennessee building devoted to composites and fibers manufacturing and engineering. Over one hundred attendees participated in the naming ceremony and technology demonstration tours on Monday led by Dr. Uday Vaidya, IACMI Chief Technology Officer and Joint University of Tennessee (UT)-Oak Ridge National Laboratory (ORNL) Governor's Chair in Advanced Composites Manufacturing, and twenty of his engineering students.
Kilo Goldmines Announces Completion of Private Placement
TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) announced today that it has completed the final tranche of its previously announced non-brokered private placement of equity units ("Units") raising additional gross proceeds of $9,070,000 (for $10.0 million in total proceeds from both tranches). An additional $2.5 million placement to the previously announced amount was added on the same terms due to significant demand for the offering.
Poydras Gaming Finance Corp. Announces 2016 Second Quarter Results

-- Company focused on growth and on target to meet or exceed 2016 Adjusted EBITDA of US $10MM --
-- 1H 2016 Adjusted EBITDA of US $4.56 million versus Adjusted EBITDA loss in the Y-o-Y period --

Key Appointment to Focus Volt Resources Ltd's (ASX:VRC) Global Marketing Efforts
Volt Resources Limited (ASX:VRC) ("Volt" or "the Company") is delighted to announce it has appointed Mr Michael Lew as VP Business Development, North America and Europe. Mr Lew has material applications experience in the energy efficiency sector and interacts with battery manufacturers, especially those affiliated with the transportation and energy storage sectors. With this experience, he is well-suited to support Volt's natural graphite products in the transportation and energy storage sectors.
Goldsource Revises 2016 Production Guidance
(TSX-V: GXS) (OTCBB: GXSFF) (FWB: G5M)
Sage Gold Inc. Announces Non-Brokered Private Placement
TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Private Placement - Sage Gold Inc. (the "Corporation") (TSX VENTURE:SGX) is pleased to announce that it intends to complete a non-brokered private placement (the "Offering"), subject to regulatory approval.
Experts Corner
A Bit More Downside Potential in Gold Stocks
by Jordan Roy-Byrne, CMT
Last week we projected 5% to 10% downside in the gold stocks. Well, not to butter my own bread but GDX and GDXJ both lost 9% on the week. That being said, I believed that the weakness would be limited and miners could rebound to new highs in September. While that...
Click here to continue...
Gold against Foreign Currencies Update
by Jordan Roy-Byrne, CMT
..Gold remains strong against foreign currencies and that often is a leading indicator for the sector at large...
Click here to continue...
Portfolio Management Rules Regarding Selling
by Jordan Roy-Byrne, CMT
Rules for when to sell and how to sell...
Click here to continue...
Video: Next Upside Targets for Gold, Gold Stocks
by Jordan Roy-Byrne, CMT
Gold and Gold Stocks are trading at or below some resistance....
Click here to continue...
David Erfle, Kitco Contributor Comments on Gold and Gold Stocks
by Jordan Roy-Byrne, CMT
TheDailyGold Podcast is back...
Click here to continue...
Gold and Gold Stocks Bull Analogs
by Jordan Roy-Byrne, CMT
Updated bull analogs for Gold, gold stocks and junior gold stocks...
Click here to continue...
Interview with Mike Swanson of WallStWindow
by Jordan Roy-Byrne, CMT
Why buy juniors instead of JNUG...
Click here to continue...
Correction Over, Gold & Gold Stocks Eyeing New Highs
by Jordan Roy-Byrne, CMT
In a bull market corrections can end quickly. One minute you are projecting another 5-10% downside and the next, the market has left lower prices in the dust. A negative reaction to the Federal Reserve statement could have caused lower prices but instead Gold and gold...
Click here to continue...
Interview at Sprott Symposium
by Jordan Roy-Byrne, CMT
I was interviewed by Sunny Pannu, investor relations for Defiance Silver and Minaurum Gold. Among other things, I discussed my recent presentation at the Metals Investor Forum.  
Click here to continue...
Gold Demand Remains Stable During Sector Weakness
by Jordan Roy-Byrne, CMT
My favorite indicator for real time Gold demand is the amount of Gold in the GLD and its fluctuations over time. As we wrote in our book, the driving force for Gold is investment demand which is driven by changes in real interest rates. Western-based investment demand from...
Click here to continue...
Can Nevada #Lithium Juniors Obtain Water Rights?
by Peter Epstein, CFA, MBA http://EpsteinResearch.com epstein.peter4@gmail.com
The purge has arrived. Well perhaps not quite a purge, but it’s coming. It will be rejuvenating for the Lithium, (“Li”) sector. From 2016 highs, the shares of dozens of globally-listed Li juniors are down by 40% or more. Reminiscent of the cannabis craze 18 months ago, the Li sector is witness to a lot of shenanigans. Like cannabis, if ingested Li can make one feel better, but investing in newly minted Nevada (“NV”) Li juniors can cause confusion and anxiety.
Click here to continue...
The Calandra Report & Graphite In Québec (July 21, 2016)
by The Calandra Report
When I look over my shoulder, I see this graphite company -- the other one in Québec -- ​stick​ing​ to its bunting.
Click here to continue...
Eurasian Raging -- The Calandra Report (Tuesday July 12, Wednesday July 13, 2016)
by The Calandra Report
Monarques Gold of Quebec received a lift after Rob McEwen and a second investor, Greg Chamandy, raised their stakes to a combined 27 percent. We discussed the Abitibi Gold Belt company briefly in a discussion with Mr. McEwen of McEwen Mining. As noted in TCR earlier in the week. MQR for Monarques ticker Canada | MUX for McEwen Mining USA, Canada ticker
Click here to continue...
The Upside Potential in Junior Gold Stocks
by Jordan Roy-Byrne, CMT
Our research continues to argue that the current, record rebound in gold stocks will continue. Every time we’ve predicted a correction, the weakness in the sector has been only a fraction of what we expected in both price and time. New bull markets that follow epic bear...
Click here to continue...
Video: Gold Investment Demand & Gold Price in Foreign Currencies
by Jordan Roy-Byrne, CMT
GLD is a real-time indicator of investment demand for Gold. Investment demand drives Gold both up and down. Also, Gold/FC is now within 10% of its all time high.  
Click here to continue...

mn mn
mn


Disclaimer | Terms Of Use And Privacy Statement


© Metals News. All rights reserved.