China’s gold hoard swells
Bullion has rallied to a six-year high in 2019 as investors bet on rate cuts by the Federal Reserve.
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Continental Gold closes C$25m financing with Eric Sprott
Continental says Newmont Goldcorp has until July 12 to exercise its right to maintain its ownership of the company in connection with the private placement.
Power Ore intersects 0.29% CuEq over 295 m at Opemiska
The company has received promising assays from two more drill holes at the Opemiska copper mine complex near Chapais.
Brazil to auction mining rights for about 1,000 areas this year
Brazil has a backlog of more than 20,000 areas where mining rights expired or were otherwise lost by their previous holders, equivalent to roughly 10% of the areas with pending mining permits.
Mining energy snapshot: Eight juniors active in world’s uranium hotspots
While uranium oxide prices continue to drift in the doldrums, several uranium companies have still raised a bit of money to explore and carry out modest programs.
Congolese army fires in the air during protest near Glencore plant
Glencore said in a statement that about 80 people had protested on the national road in the town of Luilu.
The US and Europe are getting more anxious about EV battery shortages
More than a dozen parties have reportedly expressed interest in taking up a stake in Clean TeQ’s Sunrise nickel-cobalt-scandium project.
Great Panther approves positive production decision for Coricancha
The actual restart date is expected in the first half of 2020.
Platinum giants bolster positions before wage talks begin
While the producers will be conscious that AMCU led the country’s longest ever platinum mining strike in 2014, none can meet its demand for a pay increase of as much as 48% without undermining their businesses.
