Sentences with phrase «junior miner orecorp»

It had been almost two years since their employers, junior miner Solid Gold Resources Corp., received instructions from the Crown to contact the band for consultation over its plans for a 22,000 - hectare patch of unpatented mining claims, and none had occurred.

We may discover some day that Richland is a luxury goods stock hiding within a junior miner.

For our recent report on a Canadian penny stock with a big project in progress, read Junior miner aims for big payoff in the Yukon

One junior miner looking to capitalize on the growing demand for this commodity is Graphite Energy Corp..

This is a risky bet: the junior miner gets to be «associated» with TSLA through an agreement; and as lithium prices rise, TSLA (and other battery manufacturers) hope that lithium producers will be forced back to the bargaining table for fear of losing market share to incipient junior producers.

Junior miner Red 5 has suspended milling operations at its Siana gold mine in the Philippines after its damaged tailings dam was deemed unrecoverable.

Junior miner Jameson Resources says it has received firm commitments for a $ 2 million capital raising to fund work at its flagship Crown Mountain coking coal project in British Columbia.

Junior miner Kidman Resources has tapped investors for $ 21 million to fund exploration work at its gold and lithium deposits in the Goldfields.

Shares in junior miner Excelsior Gold were pummelled today after the company's new board revealed the full extent of operational issues at its flagship Kalgoorlie North mine.

West Perth - based junior miner African Energy Resources has farmed out a 51 per cent stake in its Sese coal and power project in Botswana to a Vancouver - based firm for $ 8 million.

THE level of exploration activity being undertaken by junior miners in Africa is increasing, with Burkina Faso in particular coming more into focus as a promising gold producer.

Sprott bought stocks in several junior miners, two of which — Kirkland Lake Gold and Newmarket Gold — merged to form a significant mid-market player in September 2016.

Three local junior miners plan to raise a combined $ 11.6 million to fund their respective operations.

The state government has extended its discounted charges at the Utah Point bulk handling facility by another year, to help junior miners continue exporting iron ore, as debate around the sale of the port continues.

Perth - based junior miners MOD Resources, Primary Gold and Alloy Resources have announced plans to raise a combined $ 10.4 million to fund ongoing work at their respective projects

Five Perth - based junior miners and explorers have announced plans to raise a combined $ 29.8 million to fund ongoing work at their respective projects, with Excelsior Gold also attracting a new cornerstone investor.

The state government has announced a $ 40 million package to reduce charges at the Utah Point bulk handling facility by up to $ 2.50 per tonne, in an effort to help junior miners continue to export iron ore.

Coupled with sinking commodity prices and general investor shyness around junior miners, Ivanplats will have to convince investors to pry open their wallets for a piece of a project with unknown potential located in the high - risk Congolese jungle.

New junior miners do not get same benefits as major companies who have State Agreements (used as incentives).

Like the move that began in late 2015, it seems that some of the junior miners per GDXJ have gotten the party going.

In a bear market for junior miners, exploration capital can be hard to come by.

By: Victor Moolman 21st October 2016 Mining equipment supplier Tenova Takraf Africa is offering junior miners in the surface mining industry a tailor - made package that will help new mining operations produce State - owned power utility Eskom - grade coal.

BREAKING THROUGH Junior miners prefer semimobile equipment, such as the Bradford Breaker, owing to its low capital cost and ease of transport

ResourceClips provides clear, accurate reporting on topics related to Canadian - listed junior miners and explorers.

This ensures that junior miners will attend and participate, since that is the fundamental aspect on which the event is based — to match junior miners or exploration companies with investors.

«This could be owing to the solution providers having bigger marketing budgets to afford the event's exhibition space than the junior miners.»

Osborn points out that it is good to see the event prioritising and reintroducing a focus on junior miners again.

12th October 2017 This week: Chamber of Mines stands by its decision to boycott gala dinner; Rip up charter, provide tax incentives, back junior miners, says Maimane And, ANC will heed Joburg Indaba call for removal of Minerals Minister, says Mkhize →

Do you share the view that junior miners will outpace gold itself if and when gold breaks out to new highs?

Jay introduces the program, gives updates on sponsors, talks about Chen Lin's newsletter and says it is difficult to invest in junior miners.

I discussed this in depth in a Morning Note on March 12th titled, «What the Gigafactory Means for the Junior Miners».

We opened this short position on the junior mining sector on March 18th with the belief that gold stocks, and especially junior miners, would fall continually over the coming months as gold prices dropped.

The best junior miners have a major partner who has agreed to pay for the drilling or other exploration or development, in exchange for an interest in the property.

Unfortunately, junior miners are often in need of cash based solely on inferred resources, which are really just someone's «best guess» of what happens to be in the ground at the time.

The volatile nature of commodity prices adds to the risk of stocks and funds in this category, which invest in higher risk, less liquid stocks, such as small oil and gas companies and junior miners.

Junior miners?

That doesn't surprise me really — I'm sure if you plugged in most other junior miners right now, they would probably show the same rating.

Meanwhile, the market is anticipating the rebalance by selling down junior miners held in the GDXJ.

This is seen in the high level of dividends paid out pre-2009 (almost unique among the junior miners), while since 2009 I would consider that management have righted the ship as quickly and efficiently as possible.

But Smitheman says it's unfair to expect junior miners to invest large sums in consultation ahead of exploratory work, in the same way a larger, more established company might.

We strive to serve Private & Public Funds, Banks, Angel & Small Investors, Junior Miners and generally speaking we do due diligence for anyone interested in investing in a sector renowned for being high risk high reward.

Not exact matches

In addition to such operating improvements, another source of value improvement could be consolidation of the junior gold miners via mergers or acquisitions, particularly by senior producers seeking to replenish their reserves.

But I'll still keep my eye on the gold miners and exchange - traded funds (ETFs) such as the BMO Junior Gold Index ETF.

They also bought $ 25 - million (U.S.) worth of call options on the Market Vectors Junior Gold Miners ETF (GDXJ), leveraging their position beyond the two million shares they already held in the ETF.

SHRINKING profit margins and dwindling cash balances in the junior mining sector are not only putting pressure on miners, but also those who provide key services to the sector.

Iron ore miner Pluton Resources has settled proceedings against junior secured creditor Rizhao Port Group Logistics, which includes the removal of receivers appointed by Rizhao in disputed circumstances last month.

Junior gold miners Dynasty Resources and Orinoco Gold have announced plans to raise a combined $ 2.6 million to fund ongoing work at their respective projects.

Paul has investments in 23 other miners — many of them small Canadian risky «juniors» — so it's doubtful he's doing much better with the rest of the portfolio.

Junior gold miners are supposed to be small cap stocks but this product has been transformed by the changes the fund provider has made into more of a mid cap fund.

The $ 1.97 billion Market Vectors Junior Gold Miners ETF (NYSEArca: GDXJ) was also caught in the sell - off, tallying losses of 9.15 percent on average daily trading volume that neared 3 million shares.