Roskill’s Jack Bedder peers into cobalt crystal ball
Cobalt has more than doubled in price from US$14.75 per lb. in late December 2016 to over US$30 per lb., making it one of the top performing metals this year….
Australia, NZ & South Pacific
Novo shares tumble on sampling woes at Purdy’s Reward
VANCOUVER — Novo Resources (TSXV: NVO; US-OTC: NSRPF) is “uncomfortable” with the experimental, bulk-sampling technique it has been using for grade estimation at the company’s Purdy’s Reward paleoplacer joint-venture gold project…
Scandium International advances rare Nyngan project
Scandium International Mining (TSX: SCY) forecasts that its Nyngan scandium deposit in Australia will be in production in the first half of 2019, which should make it the first scandium-only…
Copper Mountain bids US$70M for Altona Mining
VANCOUVER — Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) has tabled a US$70-million, all-share bid for Australia-based Altona Mining (ASX: AOH) and its district-scale Cloncurry copper-gold property, 95 km northeast of…
US markets post marginal gains, Oct. 30-Nov. 3
The unemployment rate in the U.S. fell to 4.1% to a new 17-year low over the reporting period. Spot gold ended the week at US$1,269.40 per oz., down 0.30%, or…
Clean TeQ boosts cobalt grade by 30% at Sunrise
Just a little over a month after it signed an offtake agreement with one of the world’s largest producers of cathode material for the lithium-ion battery industry, Clean TeQ Holdings…
TSX Venture gains, Oct. 2-6
The S&P/TSX Venture Composite Index gained 7.09 points to a 788.32-point close, as spot gold prices fell US$3.07 to US$1,276.68 per oz., whereas Comex copper prices gained US7¢ to US$3.03…
Seven questions investors should ask about geophysical anomalies
VANCOUVER — Geophysical surveys are frequently used by the mining and exploration industry to detect potential mineral deposits hidden beneath the subsurface. However, the results of geophysical surveys can be…
Kirkland Lake rides high grades towards banner year
VANCOUVER — Kirkland Lake Gold (TSX: KLG) has been on a tear in 2017 thanks to high gold grades and strong operating performances at its two flagship assets: the Macassa operation…
CleanTeq signs offtake agreement with Chinese company
Robert Friedland, co-chairman of CleanTeq Holdings (ASX: CLQ) and a major shareholder, with 16% of the company’s outstanding shares, has signed an offtake deal with a Chinese company to supply…
Novo Resources strikes gold at Purdy’s Reward in Australia
VANCOUVER — Shares of Novo Resources (TSXV: NVO; USOTC: NSRPF) have climbed since the company announced on July 12 it had found gold nuggets up to 4 cm long during…
Facts ‘n’ Figures: Canadian mines take backseat to world’s iron ore, copper giants
While our issue this week is filled with top-10 lists of Canadian mining and its burgeoning junior exploration and development sector, it’s always good to take a step back and…