Royal Nickel’s move into gold gathers pace
Now called RNC Minerals, the Toronto-based miner raises $9.2m to ramp up Australian gold mine acquired in May as Eric Sprott takes 10% stake.
Now called RNC Minerals, the Toronto-based miner raises $9.2m to ramp up Australian gold mine acquired in May as Eric Sprott takes 10% stake.
Duterte's government has also ordered a stop to small-scale mining operations working outside the country's mining co-operatives system, a decision that touches gold miners.
Philippines president Rodrigo Duterte tells miners "We will survive as a nation without you" as ministry shuts down three nickel mines in a month.
Nickel's jumped back above $9,000 and the outlook is for steady price increases through 2019 despite possible lifting of Indonesian export ban – report.
Swedish mining and smelting company Boliden AB will pay cash for Kevitsa mine.
Traders were quick to hit their sell buttons as official figures released in Beijing today showed exports in February were down a whopping 25.4 percent from the previous year.
PolyMet says the NorthMet Project will annually produce 72 million pounds of copper, 15.4 million pounds of nickel, 720,000 pounds of cobalt and 106,000 troy ounces of precious metals.
Toronto junior's shares up 14% after grabbing samples ranging from 5g/t to 198g/t gold over 15km of strike length at its newly-consolidated Qiqavik project.
Picks up private Australian nickel and gold mine and stake in Manitoba copper mine from VMS Ventures.
There's a reason It's called the devil's copper.