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Mega Precious Metals Up 100 Percent On Yamana Acquisition News

By Resource Investing News

Mega said Friday that it's set to be acquired by Yamana Gold. Based on the company's press release, it sounds like Yamana is mainly interested in Mega's Manitoba-based Monument Bay gold-tungsten project.

12:30AM 04/25/15

China To Eliminate Rare Earth Export Tariffs

By Resource Investing News

On Thursday, China's Ministry of Finance confirmed plans to eliminate export tariffs on rare earths, tungsten and molybdenum, effective May 1, 2015. According to Shanghai Metals Market, China previously imposed export duties of 15 to 25 percent on rare earth products.

02:10AM 04/24/15

Peninsula Energy: Ready To Start Production In Q3 2015

By Resource Investing News

Peninsula's Lance projects, which are fully funded and in the final stages of construction, are situated in Wyoming and are set to begin production in the third quarter of this year. Resource Investing News spoke with Executive Chairman Gus Simpson to find out how the company got to that point and what's next.

02:00AM 04/24/15

Heron Resources Reports 46 Percent IRR In Woodlawn PEA

By Resource Investing News

On Thursday, dual-listed Heron Resources released a PEA for its Woodlawn zinc-copper project in New South Wales, Australia, and the results are positive to say the least. The mine is anticipated to garner initial capital costs of AU$140 million for a post-tax NPV of $300 million and an IRR of 46 percent with a payback period of two years.

01:45AM 04/24/15

Silver Price Drops On US Housing Data; Still Waiting On Grexit

By Resource Investing News

Silver may have been the best-performing precious metal during 2015's first quarter, but April hasn't treated it overly well.

01:15AM 04/24/15

Iron Ore Price Up On News BHP Will Slow Expansion

By Resource Investing News

Wednesday saw mining giant BHP Billiton release its operational review for the nine months ended March 31, 2015, and it includes at least one big surprise for investors: the company will be slowing its iron ore expansion program.

09:30PM 04/23/15

Gold Price At Three-week Low As US Housing Market Gains Strength

By Resource Investing News

Gold has been having a tough time as of late, with gold futures closing Wednesday at $1,187 per ounce, a three-week low. The downward price pressure has been attributed to a US existing homes sales report.

02:30AM 04/23/15

Formation Metals Confident In Idaho Cobalt Project After PEA Release

By Resource Investing News

Life-of-mine gross revenue is pegged at $983 million, with life-of-mine net after-tax cash flow clocking in at $258 million. Meanwhile, the operation's pre-tax net present value is set at $148 million at an 8-percent discount, with an internal rate of return of 27.7 percent, while its post-tax net present value, also at an 8-percent discount, is estimated at $113 million with an internal rate of return of 24.07 percent.

02:25AM 04/23/15

DuSolo Fertilizers Continues To Make Sale Deals For DANF In Brazil

By Resource Investing News

Since making the decision to establish itself as a domestic fertilizer supplier and producer in the Cerrado area of Brazil, the world's fastest-growing agricultural region, DuSolo Fertilizers has made huge progress. Here's a look at what the company is up to at the moment.

02:20AM 04/23/15

Brian Findlay On Dajin Resources And The Lithium Market

By Resource Investing News

Nevada and South America certainly seem like the places to be when it comes to lithium production. One company that's staked claims in both locations is Canada's Dajin Resources.

02:10AM 04/23/15

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