Industry News

Excalibur Resources Ltd. is pleased provide an update on its royalty investment in Orefinders Resources Inc. which owns 100% of the Mirado Mine Project located in Kirkland Lake. Excalibur provided $500,000 in funding to commence the Mirado Mine Stockpile project consisting of crushing, trucking, milling and refining over the September to November timeframe. Orefinders has completed the crushing of over 26,000 tonnes of resource and sent..."/>
Excalibur Update on Orefinders Resources Stockpile Processing in Kirkland Lake
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, will speak at the annual Specialty Equipment Market Association tradeshow on November 1-4, 2016 at the Las Vegas Convention Center, in Las Vegas, Nevada. Both presentations are part of the Society of Collision Repair Specialists’ Repairer Driven Education series."/>
Axalta Experts to Present at Society of Collision Repairers Specialists’ Program During SEMA Education Days
Nucor Corporation announced today that John Ferriola, its Chairman, CEO and President, was elected Chairman of the Board of Directors of the World Steel Association at the organization's 50th Annual Conference in Dubai, United Arab Emirates. Ferriola will serve as Chairman for a one-year term. "I am honored to be selected by my peers to chair the worldsteel Board of Directors."/>
Ferriola Elected Chairman of World Steel Association
Keweenaw Land Association, Limited today announced third quarter earnings for the period ending September 30, 2016. The company reported Net Income of $231,618, or $0.18 per share, versus Net Income of $571,046, or $0.44 per share, in the third quarter of 2015. Keweenaw also reported timber sales of $2,767,240 for the quarter, down $840,386, or 23%, from the $3,607,626 that the company reported in the comparable period in 2015."/>
Keweenaw Land Association, Limited Announces 2016 Third Quarter Earnings and Investor Presentation
New Colombia Resources, Inc., a U.S. listed Colombian resource company with premium metallurgical coal and medical marijuana assets, is pleased to announce they will be applying for an orphan drug designation with their collaboration partners, Advanced Imaging Projects, LLC for regulatory agency approvals of a cannabinoid pharmaceutical product for multiple medical indications with a focus on treatment of a rare..."/>
New Colombia Resources Forming Joint Venture to Apply for an Orphan Drug Designation with the Food and Drug Administration (FDA) for a Medical Cannabis Pharmaceutical Product
Hargreaves Lansdown has said. The investment giant notched up pounds sterling 1.1 bn of new business in the three months to the end of September– a 22 pc fall from a year earlier. Active client numbers rose by 20,000 to 856,000, 17 pc more slowly than in 2015."/>
Daily Mail, London, business briefs column [Daily Mail, London]
Redstar Gold Corp. announces it commenced drilling at the high-grade Shumagin Gold Zone at its 100% controlled Unga Gold Project on October 13. On October 5, the Company discussed the Phase 2 Drill Program, which will consist of approximately 1,500 metres of diamond drilling that will focus on outlining additional high grade gold mineralization at the Shumagin Zone along strike and at depth. The Company anticipates a larger expansive drill..."/>
Redstar Commences Drilling at the High Grade Gold Shumagin Zone at the 100% Controlled Unga Gold Project in Alaska
Select Sands Corp. is pleased to announce a non-brokered private placement financing of common shares at a price of CDN $0.77 per share to raise gross proceeds of up to US $7,500,000 to fund the purchase price of the previously announced asset acquisition with Tutle Holding, LLC, fund the purchase of the Sandtown property, and for general corporate purposes. The Company will have the option of increasing the size of the Offering by up to 25% prior to..."/>
Select Sands Announces Proposed Non-Brokered Financing of Common Shares to Raise Up to US$7.5 Million
Baja Mining Corp. announced today that the previously announced consolidation of the Company's issued and outstanding common shares on the basis of one post-consolidation common share for every twenty pre-consolidation common shares and the change of the Company's name from "Baja Mining Corp." to "Camrova Resources Inc." will be effective on October 17, 2016. The Common Shares will begin trading on a post-consolidated basis and under the new Company..."/>
Baja Mining Announces Effective Date of Share Consolidation and Name Change
Catalyst Paper Corporation is pleased to announce that Sunvault Energy Inc. and Aboriginal Power Corp. have discontinued the lawsuit previously commenced against Catalyst. The commencement of the lawsuit was previously announced and described in the company's news release of January 25, 2016.. This discontinuance filed by Sunvault Energy Inc. and Aboriginal Power Corp. brings this litigation to an end."/>
Lawsuit filed by Sunvault Energy Inc. and Aboriginal Power Corp. against Catalyst Paper Discontinued
Silver Bear Resources Inc. is pleased to announce the maiden Mineral Resource for two additional deposits, the Sterzhnevoy and Porphirovy, located within haulage distance of the Vertikalny mine development at the Mangazeisky Silver Project in the Republic of Sakha, Russia. The NI 43-101 Technical Report prepared by Tetra Tech will be filed on SEDAR within 45 days of this release. --Resource grade at Sterzhnevoy is 1,500 g/t Ag-- Sterzhnevoy and..."/>
Silver Bear Announces the Maiden Mineral Resource for the Sterzhnevoy and Porphirovy Deposits Within the Mangazeisky Silver Project
Freeport-McMoRan Inc., to purchase their onshore California assets for $592 million plus additional consideration of up to $150 million payable in certain circumstances based on a sustained crude oil price environment over $70/ barrel Brent. SPR was formed in 2016 by Quantum Energy Partners and Michael Duginski, a..."/>
Sentinel Peak Resources Announces the Acquisition of Freeport-McMoRan's Onshore California Assets for $742 Million
Freeport-McMoRan Inc. announced today a purchase and sale agreement to sell its onshore California oil and gas properties to Sentinel Peak Resources California LLC for total consideration of $742 million, including contingent consideration. Under the terms of the agreement, FCX will receive cash consideration of $592 million at closing and additional consideration of $50 million per annum in each of 2018, 2019 and 2020 if the price of Brent crude oil averages $70..."/>
Freeport-McMoRan Announces Agreement to Sell Onshore California Oil & Gas Properties for $742 Million, Including Contingent Consideration
Garibaldi Resources is pleased to announce significant progress in the development of its recently acquired E&L Ni-Cu-Au Project at Nickel Mountain in the Golden Triangle's Eskay Camp of northwest British Columbia. Garibaldi has tripled the size of its E&L land package by adding 15 sq. km of additional claims following a series of work programs since July and an intensive initial review of large amounts of..."/>
The "Q" May Hold Key to Massive Sulphide Potential of Garibaldi's E&L Deposit
AK Steel Holding Corporation, Gerdau S.A.,..."/>
Steel & Iron Stocks on Investors' Radar -- AK Steel, Gerdau, Steel Dynamics, and Nucor
Garibaldi Resources is pleased to announce significant progress in the development of its recently acquired E&L Ni-Cu-Au Project at Nickel Mountain in the Golden Triangle's Eskay Camp of northwest British Columbia. Garibaldi has tripled the size of its E&L land package by adding 15 sq. km of additional claims following a series of work programs since July and an intensive initial review of large amounts of..."/>
The "Q" May Hold Key to Massive Sulphide Potential of Garibaldi's E&L Deposit
Materion Performance Alloys reported on Thursday a rise in worldwide list prices on premium grades of its rod, bar, tube and wire copper beryllium and ToughMet alloys. According to the company, the fabrication prices of all its products will increase 3-5%. Effective 11 November 2016, the new higher price increase is necessary to offset costs associated with mining and processing beryllium as well as increases in manufacturing and transportation costs, added the company."/>
Materion Performance Alloys posts new higher price list for premium rod, bar, tube and wire alloy products
Dynacor Gold Mines Inc. is pleased to announce to its shareholders that it has poured first gold at its new Veta Dorada plant. This first gold bar weighed approximately 22 kilos, and was immediately shipped out and sold. Dynacor's Veta Dorada 300- tpd ore processing facility was officially inaugurated on the 3rd of October 2016. The event was attended by more than 100 persons from both Canada and Peru."/>
Dynacor Pours First Gold at Veta Dorada Plant in Chala
Auryn Resources Inc. is pleased to announce that is has initiated exploration programs on its Peruvian portfolio of projects focused in southern Peru. The focus of the exploration programs will be a combination of extensive surface sampling, trenching, mapping and geophysics to advance the projects to drill ready stage in 2017.. Our exploration focus will start on the Huilacollo and Banos del Indio oxide epithermal gold systems."/>
Auryn Resources Commences Work on Peruvian Portfolio

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