Evrim Resources Gets Smashed by Disappointing Drill Results

Initial results from a drill program at Evrim Resources’ (TSX:EVM) Cuale project in Mexico have not gone down well, with the company suffering a huge drop in value on the TSX after their release. The drilling was conducted to test the depth of previously encountered gold mineralization at the La Gloria prospect, and the results have […]

Sienna Resources Amends Terms on Slättberg Cobalt-Nickel-Copper Project in Sweden

Sienna Resources (TSXV:SIE) (FSE:A1XCQ0) (OTC Pink:SNNAF) wishes to announce that it has amended the option date of an exploration and option agreement (the “Agreement”) with Eurasian Minerals Sweden AB, a wholly owned subsidiary of EMX Royalty Corp., originally announced on December 4, 2017, on the Slättberg Cobalt-Nickel-Copper Project in Sweden. The option date has been […]

ExGen Resources: From Discovery to Potential Cash Flow

ExGen Resources Inc. (TSXV:EXG,OTCMKT:BXXRF) has launched its campaign on the Investing News Network’s Resource channel. ExGen Resources is pursuing a project accelerator business model, bringing partners to fund exploration and development activities on its projects. The company currently has six projects, all located in mining-friendly jurisdictions in North America. The project accelerator business model provides shareholders with […]

Anthony Tse of Galaxy Resources: Lithium Demand Has Surprised to the Upside

At this year’s Cathodes event in Newport Beach, the Investing News Network sat down with Anthony Tse, managing director and CEO of Galaxy Resources (ASX:GXY), to get more insight on the lithium market and the company’s future. Speaking about the challenges in the lithium sector this year, Tse said that the concerns of a “tsunami […]

Early Production Underway at W Resources Tungsten-Tin Mine

Diversified metals miner W Resources (LSE:WRES) has announced the early start of production at La Parrilla mine in Spain. The Spanish mine will produce tungsten and tin concentrate, which is in increasing demand. W Resources has planned a 3-stage ramp-up program for the critical and industrial metal project. The company plans to work through the phases […]

Shaun Verner of Syrah Resources: Graphite Production at Balama to Be Demand Driven

At this year’s Benchmark Minerals Week’s Graphite+Anodes conference in Newport Beach, the Investing News Network caught up with Shaun Verner, managing director and CEO of Syrah Resources (ASX:SYR), to talk about the state of the graphite market, future supply and more. Speaking about how the graphite market has performed this year, Verner said there’s been […]

Great Panther Silver Announces Agreement with MACA Limited in Connection with Acquisition of Beadell Resources

GREAT PANTHER SILVER LIMITED (TSX:GPR; NYSE American: GPL) (“Great Panther”; the “Company”) announces that it has reached an agreement (the “Agreement”) with MACA Limited (“MACA”) on modifications to MACA’s outstanding loan (the “Loan”) due from Beadell Resources Limited (“Beadell”). As noted in the press release dated September 23, 2018 announcing Great Panther’s friendly acquisition of Beadell (the “Acquisition”), […]

Pan American Silver to Buy Tahoe Resources for US$1.07 Billion

Pan American Silver (TSX:PAAS, NASDAQ:PAAS), the second-largest silver producer in the world, is about to significantly increase its white metal holdings following the purchase of Tahoe Resources (TSX:THO, NYSE:TAHO) for US$ 1.07-billion, which the companies announced in a joint statement on Wednesday (November 14). Pan American Silver, which has found success with its six mines […]

Commander Resources: Resource Company with Joint Venture Opportunity

Commander Resources Ltd. (TSXV:CMD) has launched its campaign on the Investing News Network’s Resource channel. Commander Resources is a resource company that operates under the prospect generator model. As such, the company has developed a portfolio filled with joint venture opportunities, exploration projects, royalties and investments across Canada. This includes gold, copper, zinc, nickel and cobalt projects. […]

Luminex Resources Announces 4,500 Metre Drill Program For Orquideas Earn-In Project

Luminex Resources (TSXV:LR) has announced that it has finalized the layout of an exploratory 4,500 metre diamond drilling program at its Orquideas earn-in project with First Quantum Minerals (TSX:FM), located in the province of Zamora-Chinchipe in southeast Ecuador. The company said it has applied for drilling and water permits and drilling operations should commence following approvals, […]

Financial Markets Are Making Faulty Assumptions about Growth & Resources

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63457.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Mike Rosenstreich of Hexagon Resources: This is the Biggest Valuation Driver of Graphite Companies

At this year’s Graphite+Anodes event, which was held as part of the Benchmark Minerals Week, the Investing News Network had the chance to catch up with Mike Rosenstreich, managing director of Hexagon Resources (ASX:HXG). The Australia-listed company, which is looking to become a vertically integrated graphite business, is focused on developing its McIntosh project in […]

Magnis Resources’ Quarterly Report To 30 September 2018

Magnis Resources (ASX:MNS) (“Magnis” or the “Company”) is pleased to present its Quarterly Activities Report for the period ended 30 September 2018. Magnis Resources Limited is to be renamed Magnis Energy Technologies Ltd effective with the ASX on Monday 5th November 2018, following shareholder approval at the Annual General Meeting held last Friday 26th October […]

CSE: 2018-1044 – New Listing – Northern Lights Resources Corp. (NLR)

The common shares of Northern Lights Resources (CSE:NLR), have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date. Northern Lights Resources Corp is a growth oriented company focusing on exploring and developing high quality resource projects globally. The Company currently has two advanced exploration projects. The Medicine […]

Salt Over Iron: BCI Sells Kumina Project to Mineral Resources

Australia’s Mineral Resources (ASX:MIN) has announced a binding agreement to purchase the Kumina iron ore project in the Pilbara from BCI Minerals (ASX:BCI), which has been working to divest its iron ore assets since August to focus on salt and potash. The AU$ 35-million transaction will see Mineral Resources acquire the Kumina part of BCI’s Buckland […]

Volt Resources Formally Receives Bunyu Mining Licenses

Volt Resources (ASX:VRC) has formally received mining licenses that cover respective stage 1 and 2 developments for its Bunyu graphite project in Tanzania. The licenses, received from the Mining Commission of the Ministry of Minerals of Tanzania, cover a combined area of 17.71 square kilometers and give Volt the exclusive right to develop graphite within […]

Deep-South Resources Has Issued 4.2 Million Shares for the Acquisition of 75% of the Kapili Tepe Copper, Nickel, Cobalt and Gold Project in Turkey

Deep-South Resources (TSXV:DSM) (“Deep-South” or “the Company”) announces that it has issued 3.5 million shares to Jeanette Gyldstoff Borg (“Seller”) for the acquisition from Jeanette Gyldstoff Borg of 75% of RCR Quantum (“Quantum”), a Turkish company, which holds the Kapili Tepe project (“Project”) comprising of one (1) mining license and two (2) exploration licenses in the Sivas Province in […]

Ascendant Resources Drills 108 Metres Grading 10.25 Percent Zinc Equivalent

Ascendant Resources (TSX:ASND) has announced results from the first drill hole, LS_MS_07, from its recently initiated 22 hole drill program at the high-grade Lagoa Salgada polymetallic volcanogenic massive sulfide project, located in the Iberian pyrite belt in Portugal; home to some of the world’s largest VMS mines. As highlighted in the press release: LS_MS_07 represents […]

5 Top Weekly TSXV Stocks: Pan Global Resources Takes the Lead

The S&P/TSX Venture Composite Index (INDEXTSI:JX) was down on Friday (September 21), falling 0.63 points to 719.62, or 0.09 percent. Again, world news was dominated by trade war anxiety as US President Donald Trump pursues his strategies against China. The US dollar saw a slump last week, boosting gold prices. Here, the Investing News Network […]

Nexa Resources S.A. Announces US$30 Million Share Buyback Program

Nexa Resources S.A. (“Nexa Resources” or the “Company”) announces today that its Board of Directors (the “Board”) has approved a share buyback program, under which the Company, directly or indirectly through its subsidiaries, may repurchase, from time to time, up to US$ 30 million (equivalent to ~CAD$ 38.8 million as of September 19, 2018) of […]

SQM, Kidman Resources’ Mount Holland Lithium Plans Face Legal Hurdle

Plans to develop the Mount Holland hard-rock lithium project by Australia-based Kidman Resources (ASX:KDR) and its partner, top lithium producer SQM (NYSE:SQM), may be delayed after a recommendation by a unit of the Western Australian government that regulates mining leases. Companies holding mining tenements in Western Australia have a responsibility to spend a certain amount […]

Aben Resources Closes $950,000 Flow-Through Private Placement

Aben Resources Ltd. (TSXV:ABN) (OTCQB:ABNAF) (Frankfurt:E2L2) (the “Company”) has arranged and closed a non-brokered private placement of 2,375,000 flow-through common shares at a price of $ 0.40 each for gross proceeds of $ 950,000. The financing was placed with institutional investors. The Company intends to utilize the proceeds from the private placement on the expansion of […]

Mineral Resources Buys 10-percent Stake in Cobalt Developer Barra

Australia-based Mineral Resources (ASX:MIN) has purchased a 10-percent stake of cobalt explorer Barra Resources (ASX:BAR), the company announced on Monday (September 10). Mineral Resources, which is focused on iron ore and lithium projects in Western Australia, bought AU$ 2 million shares at a five-day volume-weighted average price of 3.5 cents per share. “As Barra’s new […]

Evolving Gold Signs Letter of Intent to Acquire Bocana Resources Ltd.

Evolving Gold (CNSX:EVG) (OTCB:EVOGF) (the “Company” or “EVG”) announces that it has executed a non-binding Letter of Intent (“LOI”) to acquire Bocana Resources Ltd. (“Bocana”), a private company with mineral property interests in South America. The acquisition of Bocana will constitute a “fundamental change” for EVG under CSE policies; and consequently: EVG has halted trading […]

MOD Resources: A4 Dome Discovery Keeps on Delivering

MOD Resources (ASX: MOD) has announced further exciting results from its 70 percent-owned A4 Dome project, and a major step up in activity along this large target in the T3 Dome Complex in Botswana. As highlighted in the press release: Nine holes at A4 Dome to date have intersected significant copper mineralization Latest assay results and […]

Tahoe Resources Reports Attempted Theft at La Arena Mine

Canadian precious metals miner Tahoe Resources (TSX:THO, NYSE:TAHO) reported an attempt to steal gold from the company’s La Arena mine in Peru on Wednesday (August 29). Tahoe’s employees came across five holes which had been dug on top of a pipeline carrying a solution of gold and cyanide in an attempt to steal gold from the mine. […]

Vangold Mining Corp. Signs Binding LOI to Acquire Intermont Resources LLCs Vast Nevada, USA Property Assets

Vangold Mining Corp (TSXV:VAN; OTC:VGLDF) is pleased to announce the signing of a binding Letter of Intent (“LOI”) with Intermont Resource LLC (“Intermont”), pursuant to which Vangold is to acquire 100% interest in Intermont Resources LLC’s assets, which encompass 18 mineral properties in northern Nevada (the “Transaction”).   These properties comprise 5,548 mining claims both recorded […]

Largo Resources Q2 Revenues Top C$103 Million

Largo Resources (TSX: LGO,OTCQX:LGORF) is very pleased to report record net income of C$ 90.7 million (C$ 0.17 per share) and cash flows provided before non-cash working capital items of C$ 77.7 million on revenues of C$ 103.3 million in the three-month period ended June 30, 2018. Toronto-based Largo Resources, is a strategic mineral company focused […]

Pasinex Resources Intersects Black-Shale Hosted Zinc Sulphides Beneath High-Grade Zinc Oxides at its High-Grade Zinc Project in Nevada; Drilling to Start at the Akkaya Zinc Property in Turkey; Announcement of Related Party Loans

Pasinex Resources Limited (CSE:PSE) (FSE:PNX) (“Pasinex” or the “Company”) is pleased to provide an update on its 2018 exploration program at the Gunman Zinc Project in White Pine County, Nevada (including a change in the name of the project to “Spur Zinc Project”) and  on its Akkaya zinc property in Turkey. In addition, the Company […]

Franco-Nevada Pens Strategic Deal with Continental Resources

Franco-Nevada Corporation (TSX:FNV) and Continental Resources (NYSE:CLR) have agreed to enter into a strategic relationship to jointly acquire mineral rights in the SCOOP and STACK oil and gas plays of Oklahoma. According to the announcement, Franco-Nevada is contributing approximately US$ 220 million for the acquisition of existing mineral rights owned by a Continental subsidiary and […]