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Eagle-eyed investors urged to seek out rich pickings among juniors – Kaiser

By: Simon Rees     Updated 1 hour 16 minutes ago The worst of the industry’s declines are over, although it now faces a trough of uncertain length, the head of Kaiser Research Online John Kaiser told an audience at the Prospectors & Developers Association of Canada 2015 conference. “But now it’s time to get serious – to get out there and place... 

Ontario invites input on new direction forward mineral development strategy

By: Henry Lazenby     Updated 1 hour 30 minutes ago The province of Ontario on Monday announced that it was inviting stakeholders to provide input to renew the province’s mineral development strategy in order to attract further investment. Speaking during the Prospectors & Developers Association of Canada’s yearly convention in Toronto, provincial... 

New Brunswick tungsten project EIA cleared for public consultation

By: Henry Lazenby     Updated 1 hour 51 minutes ago Tungsten project developer Northcliff Resources has cleared a critical milestone after the New Brunswick Department of Environment and Local Government (NBDELG) had completed a review of the Sisson project draft environmental impact assessment report and cleared it for public consultations to... 

Silver Wheaton lifts Salobo mine gold stream

By: Henry Lazenby     Updated 2 hours 25 minutes ago Precious metals streaming firm Silver Wheaton has acquired another 25% stake in the gold output from Vale’s Salobo mine, in Brazil. TSX- and NYSE-listed Silver Wheaton has agreed to pay $900-million in cash for the increased gold stream, lifting its attributable gold output from the mine to 50%. 

Low-cost US uranium miners await price signal to boost output

By: Reuters     Updated 4 hours ago Three US uranium producers say they are poised to ratchet up production quickly if prices swing higher after a four-year slump. The uranium spot price has bounced off the bottom it hit following Japan's 2011 Fukushima disaster, but it remains below the level needed to boost production. 

Greece revokes approval for Eldorado Gold’s Skouries project

By: Henry Lazenby Greece has revoked the approval required by Vancouver-based Eldorado Gold to complete construction of the Skouries project processing plant. The company on Monday announced that its subsidiary Hellas Gold on Friday received the notice from Greece's Ministry of Productive Reconstruction, Energy... 

Indonesia gives Newmont three weeks to strike smelter deal

By: Reuters Newmont Mining's Indonesian copper export permit will not be renewed beyond March 19, unless it strikes a deal with Freeport-McMoRan to invest in the latter's planned smelter, a mines ministry official said on Monday. Southeast Asia's largest economy is in talks with miners over their plans to... 

Kibo raises £950 000 through share placement

By: Natalie Greve Tanzania-focused mineral explorer Kibo Mining has received commitments to a share placing of 19-million new ordinary shares at a placing price of 5p apiece to raise gross proceeds of £950 000. “We are very pleased to undertake this placing, primarily because of the strategic advantage of... 

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