Klondex Mines (TSX:KDX), working to put its Fire Creek gold project in Nevada into production, on Wednesday said it will pay Newmont Mining (NYSE:NEM) about $83 million for its Midas mine and milling facility in the same state.
The end of the year is in sight, and many investors will soon be forced to take painful losses. David H. Smith, senior analyst at The Morgan Report, says that smart investors will take care to cull the weakest mining stocks from their portfolios and reinvest the proceeds in truly undervalued companies. In this interview with The Gold Report, Smith contends that once the market has worked through this process, a rejuvenated bull market in precious metals will eventually lead to a vertical rise in equities, with platinum group metals leading the way.
Could the Jongju area contain the largest light rare earth deposit in the world?
A cargo truck stolen early on Tuesday while transporting cobalt-60, a radioactive cobalt isotope, was found yesterday afternoon near Hueypoxtla, Mexico.
Macusani Yellowcake is looking to put Peru on the map for uranium production in the future. But before it can get there, here's a look at the results of its PEA.
2014 could be the year for investors looking for good news in the uranium market.
As China continues to urbanize, iron ore demand will remain robust, with prices staying in the $130 to $140 a tonne range for the next couple of years, says the executive VP of CFH Capital.
Authorities are unsure whether two men who stole a cargo truck carrying cobalt-60 were after just the truck or the potentially dangerous radioactive cobalt isotope.
The Vancouver-based company, which follows the prospect generator model, has acquired a set of claims with a historical, high-grade production base and potential for vein extension.
Germany's Federal Financial Supervisory Authority has begun looking into the rate-setting processes for silver and gold prices.