Investing
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Franco-Nevada teams with oil firm Continental Resources to buy mineral rights
Franco-Nevada (TSX: FNV; NYSE: FNV) and Continental Resources (NYSE: CLR) have struck a strategic relationship to jointly buy mineral rights in the Scoop and Stack oil & gas plays in Oklahoma. Franco-Nevada says it will contribute about US$220 million for the acquisition of…
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GOLD: Moneta intercepts 47.00 m @ 2.08 g/t in a new mineralized shoot at Southwest Zone
TORONTO – Moneta Porcupine Mines Inc. is pleased to announce the results from seven additional diamond drill holes completed on the South West Deposit (“South West”) located within the Company’s Golden Highway Project, located 110 km east of Timmins. Highlights: Step-out…
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Technology Metals Snapshot: Eight juniors step up to meet the tech-metal challenge
The wider use globally of advanced technologies such as electric vehicles has led to a boom in juniors developing technology-metal assets, with an emphasis on lithium, cobalt, vanadium and rare earths. Here is a look at eight such juniors active…
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COPPER: Kintavar Exploration bets on Mitchi copper project in Quebec
Noranda was poking around southern Quebec in the 1970s when it drilled into what it believed was a skarn deposit grading around 0.5% copper, and walked away because it was too low grade. That ground, now known as the Mitchi…
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GOLD: Barrick invests $38M in Midas Gold’s Stibnite project
IDAHO – Barrick Gold of Toronto has agreed to invest at least $38 million (all figures U.S. dollars) in Midas Gold Corp. of Vancouver. Midas’s principle asset is the advanced Stibnite gold project 64 km east of McCall. Barrick has…
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BASE METALS: Anglo pulls support from Nautilus’ Solwara 1 project
PAPUA NEW GUINEA – A day before its May 8 annual meeting, Anglo American said it is pulling out of the Solwara 1 deep ocean mining project run by Nautilus Minerals of Toronto. Nautilus has held exploration licences for polymetallic…
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NEW JOBS: Ontario using Heritage Fund to boost mining employment
ONTARIO – The Government of Ontario is hoping to create 20 new full-time jobs in the mining supply and services sector. Through the Northern Ontario Heritage Fund Corp., the government will invest in 12 mining equipment and services companies in…
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Finland takes top spot for investment attractiveness: Fraser Institute
The following is an edited release by the Fraser Institute on the publication of its 2017 Annual Survey of Mining and Exploration Companies by Ashley Stedman and Kenneth P. Green. For more information, visit www.FraserInstitute.org. This survey is an attempt to…
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NICKEL-COBALT: Cobalt 27 picks up royalty on RNC’s Dumont project
QUEBEC – Cobalt 27 Capital Corp. has agreed to acquire an existing 1.75% net smelter return royalty on the Dumont nickel-cobalt project belonging to RNC Minerals. The mine is construction ready near the town of Amos. This is the first…
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Editorial: Bitcoin starts to eat gold’s lunch
Gold investors, miners and explorers have for the most part spent the last few years scoffing at the global cryptocurrency revolution led by Bitcoin and others, with a certain smug confidence that the phenomenon is a bubble prone to a…
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GOLD: Sage Gold Delivers Second Shipment to Mill
Toronto – Sage Gold Inc. is pleased to announce that the Black Fox-Stock Mill has completed processing a second bulk shipment of mineralized material from the Clavos gold mine. Similar to the first bulk sample mill run October 13th to 16th,…
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GOLD: Dalradian submits mine planning application; closes C$78 million private placement
Toronto – Dalradian Resources Inc. is pleased to announce that it has submitted its planning application to permit the building of an underground mine and associated infrastructure at the Curraghinalt gold deposit to the Northern Ireland Department for Infrastructure. The Company…
