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Interview of Paul West-Sells, President and CEO of Western Copper and Gold Corporation (TSX: WRN; NYSE MKT: WRN)
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Last summer Goldman Sachs took a look at all the copper projects in the copper universe and ranked Western Copper and Gold Corporation number one based on economics. The Yukon is getting a lot of attention these days, after Goldcorp’s recent offer to enter into the territory. The company is led by the very competent Paul West-Sells, President and CEO and a very knowledgeable Board and team.
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Interview with Lance D'Ambrosio, President and CEO of Crystal Peak Minerals (TSXV: CPM, OTCQX: CPMMF): Planning on Becoming One of the Highest Margin SOP Operations Globally and Evaluating the Production of Associated Lithium and Magnesium Compounds Using
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Crystal Peak Minerals Inc. (TSXV: CPM, OTCQX: CPMMF) is developing its world-class potash project on the Sevier Playa in southwestern Utah. This is an advanced-stage, pre-revenue project that will produce sulfate of potash (SOP), a high-value fertilizer that's used on sensitive crops, employing an environmentally-friendly solar evaporation process. According to Lance D'Ambrosio, President and CEO of Crystal Peak Minerals, this is a very low CAPEX project. The company intends to be one of the highest margin SOP operations globally.
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Stanmore Coal Limited (ASX:SMR) Prepares to Get Coking Coal to Asian Markets from Isaac Plains Project Located in Australia
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC


Stanmore Coal Limited (ASX:SMR)) is preparing to send their first shipment of coking coal out from the Isaac Plains project located in Australia’s Bowen Basin. Isaac Plains is an established mining asset with mining and transportation infrastructure in place and potential for future expansion via Isaac Plains East and underground mining at Isaac Plains. According to Nick Jorss, Managing Director of Stanmore Coal, in this coal market it is all about lowering the cost, and bringing Isaac back on line has decreased the costs by 35%.
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Dr. Alper Interviews Jack Stoch President and CEO of GLOBEX with a Huge Highly Diversified North American Portfolio
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC


GLOBEX Mining Enterprises Inc. is a TSX, Frankfurt and OTCQX-listed Corporation with a huge highly diversified North American portfolio of over 130 mid-stage exploration, development and royalty properties containing precious, base and specialty metals and minerals. According to Jack Stoch, director, president, and CEO of GLOBEX, they are basically a mineral bank that owns all these properties and has no debt. GLOBEX seeks to create shareholder value by acquiring mineral properties, enhancing them and either exploring, optioning or joint venturing them, developing them to production, or in some cases selling projects outright.
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Avalon Advanced Materials Inc. (TSX: AVL, OTCQX: AVLNF, formerly Avalon Rare Metals Inc.), is an Emerging Producer of Lithium for Battery Markets
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC


Avalon Advanced Materials Inc. (TSX: AVL, OTCQX: AVLNF), is a diversified specialty metals and minerals company with three advanced projects offering investors exposure to a broad range of the critical materials needed for clean technology. Avalon is now focused on its Separation Rapids Lithium Project to take advantage of the growing demand for high purity lithium chemicals in energy storage. Avalon is an established player in the lithium space with an advanced project and an experienced management team. Investors interested in lithium equities should give Avalon a close look.
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NovaCopper Inc. (NYSE-MKT, TSX: NCQ) Works toward Prefeasibility Study on Very High Grade Copper and Polymetallic Arctic Deposit Located in Alaska
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC


NovaCopper Inc. (NYSE-MKT, TSX: NCQ) is focused on exploring and developing the Ambler mining district in Northwestern Alaska. NovaCopper is currently working toward a prefeasibility study on its most advanced project – the very high-grade polymetallic Arctic deposit. Rick Van Nieuwenhuyse, President and CEO of NovaCopper and Founder, President, and CEO of NOVAGOLD from1997 to 2012, and his team have an amazing high grade property, well financed and with excellent corporate values. NovaCopper enjoys a very good relationship and cooperation with local communities through its agreement with NANA Regional Corporation, Inc., a Regional Alaska Native Corporation.
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Flinders Resources LTD (TSXV:FDR) Manufacturing Refractory Grade Graphite and Developing a Graphite Product to Provide New Source for Battery Needs in Europe and North America
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC


Flinders Resources (TSX:FDR) is in a great position being one of only two graphite producers in the EU supplying the graphite market in Europe. The company has a large high grade and quality graphite resource, fully operational mine and processing facility, and a proven and experienced management team. They have been producing refractory grade graphite (94% purity) at their 100% owned Woxna mine and processing facility in Sweden. Currently they are working on growing their business model to produce high purity graphite to the automotive battery sector. Blair Way, CEO of Flinders Resources and his team have achieved 99.9% purity and are working with battery and automotive manufactures to develop and qualify their product.
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Sierra Metals (TSX: SMT) Expands Production and Exploration at Yauricocha, Bolivar and Cusi Mines Located in Mining-Friendly Peru and Mexico
by Dr. Allen Alper


Sierra Metals (TSX: SMT), is an historic low cost producer of base and precious metals. It has strong leadership and financial position with high liquidity and cash flows. It also has three properties located in Peru and Mexico. It is currently looking to expand production and exploration to improve their profitability and production levels
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African Gold Group (TSX: AGG) Advances Mali-Based Kobada Gold Project with Completed Economic Assessment
by Dr. Allen Alper


African Gold Group (TSX: AGG) is currently advancing the Kobada gold project located in Mali, with a completed economic assessment and plans to pursue equity and debt financing. Data indicates that the Kobada Gold project will have a low CAPEX and OPEX with a 511,000 ounce gold reserve.
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PDAC Offers Comprehensive Investors Exchange Area During Upcoming Toronto-Based Event
by Allen Alper Jr.


The PDAC International Convention (www.pdac.ca), will be held from March 6-9, 2016, with a focus on the investors’ exchange.
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Vital Metals (ASX: VML) Takes 100% Control of Watershed Tungsten Project in Australia with Permitting Completed
by Dr. Allen Alper


With JOGMEC forfeiting 30% interest, Vital Metals has recently gained 100% control of their Watershed tungsten project, located in mining friendly Australia, and Vital Metals is commencing discussions with new project development partners. Their optimization of the flotation process is projected to reduce Capex and Opex. They are currently working on advancing the project to production. Many analysts are forecasting that the demand for tungsten will increase and that there will be a supply deficit.
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Lithium Australia (ASX: LIT) Revolutionizes Lithium Recovery with New Process, Currently Working in Europe and Australia
by Dr. Allen Alper


Under the excellent leadership of Managing Director Adrian Griffin, Lithium Australia (ASX: LIT) found a way to recover lithium more easily. They are using a process they developed with a past project, and are now working in Europe and Australia to recover lithium more efficiently from mica.
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Largo Resources (TSX.V: LGO) Secures Financing to Allow Advancement of the World’s Highest Grade Vanadium Project in South America
by Dr. Allen Alper


Largo Resources (TSX: LGO), with world class vanadium projects in South America and Canada, has now secured financing that will allow them to continue to develop their assets. Mark Smith, President and CEO, has been with Largo Resources since April 2015. He and his technical team are now achieving the greatest vanadium recoveries of any mine in the world and are on track to be one of the lowest cost producers.
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Seabridge Gold Advances KSM Project in British Columbia to Largest Undeveloped Gold Reserve in the World
by Allen Alper Jr.


Seabridge Gold (TSX: SEA) is currently advancing the KSM project, the largest undeveloped documented gold/copper reserve in the world at this time. It is located in northwestern British Columbia. Rudi Fronk and his team have done an amazing job exploring and defining this huge gold /copper project, in mine- friendly British Columbia, with low share dilution. He is positioning the project for a joint venture with a major mining company.
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SNL Metals & Mining report: The State of the Copper-Producing Industry
by Nick Wright SNL Metals and Mining

The SNL Metals & Mining Research Group has just released Copper Discoveries, 1990-2014, the third of seven planned reports from its 2015 Strategies for Copper Reserves Replacement study, which analyzes reserves replacement by copper-producing companies worldwide, based on data found in SNL Metals & Mining's databases and through direct contact with major copper-producing companies.
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Interview of Scott Parsons, VP of Investor Relations of Alamos Gold Inc. (TSX: AGI, NYSE: AGI): Strong Balance Sheet, Very Strong Portfolio and Developing Six low-Cost Projects
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC`


Alamos Gold, Inc. (TSX: AGI, NYSE: AGI) is a growing gold producer with diversified gold production from three mines in Canada and Mexico, two of the best mining jurisdictions in the world. The company also has a portfolio of six low cost development projects. According to Scott Parsons, VP of Investor Relations of Alamos Gold Incorporated, they also have one of the stronger balance sheets in the mining space. The company expects to produce 370,000 to 400,000 ounces of gold in 2016.
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Durango Resources Inc. TSX.V: DGO Interview with Marcy Kiesman, CEO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Durango Resources Inc. TSX.V: DGO is well positioned for a discovery with properties adjacent to a Nemaska Lithium and to several new gold discoveries, as well as a potential graphite property in southern Quebec. According to Marcy Kiesman, CEO of Durango, they are actively looking for a joint venture partners to help fund the exploration without diluting the company, which is being held as closely as possible until the market conditions improve. Marcy. Kiesman is hoping that, with the increasing demand for precious metals, Durango will be able to put itself on the map as a successful junior.
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Aeris Resources Limited (TSX: AIS) completes Debt Restructures and Sales of Non-Core Assets to Focus on Copper Production in Australia
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC


Aeris Resources Limited (TSX: AIS) is an established Australian mining and exploration company that recently completed a three year corporate turnaround which included restructuring its debt, closing or selling non-core assets and changing their name (previously Straits Resources Limited). Their flagship asset is the Tritton Copper operations in New South Wales. It includes multiple mines and a processing plant and is aiming to produce at least 29.5 thousand tons of copper this year. Robert Brainsbury, CFO of Aeris Resources Limited (TSX: AIS) believes that the longer term fundamentals for copper remain attractive and with the turnaround completed, Aeris is now looking for opportunities to expand its business, through development of new mines at its current operation and through M&A, to position itself to take advantage of improvements in the copper price.
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Dr Alper Interviews Don Dudek, President and CEO of Savary Gold: Karankasso Gold Project in the Prolific Houndé Gold Belt in Burkina Faso, West Africa
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC


Savary Gold Corp. (V.SCA) is focused on the exploration and development of its Karankasso gold Project located in Burkina Faso within an emerging gold camp in the prolific Houndé Gold Belt. The project's first resource estimate last November was just under 700,000 ounces, at 2.28 grams of gold per ton. According to Don Dudek, President and CEO of Savary Gold, Burkina has been a fairly good jurisdiction that has seen a lot of new investment, with quite competitive costs for exploration drilling services. The project has good upside potential with discovery of several new gold-bearing trends. Exploration drilling expected to resume in Q2/16.
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Marathon Gold Corporation (TSX: MOZ) Advances Valentine Lake Gold Project Located in Mining-Friendly Newfoundland with Drilling in Preparation for PEA Study
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Phil Walford has excellent experience and is a strong professional geologist and he has a very capable team. Marathon Gold Corporation (TSX: MOZ) is currently completing drilling on the Valentine Lake project located in Newfoundland as they prepare to begin a formal PEA study. Initial results are promising.
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Focus Graphite (TSX: FMS) Plans to Mine and to Produce Graphite and Graphite Products with Advancements of its Lac Knife Project in Quebec
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC


Focus Graphite (TSX: FMS) is currently in plans to mine and build a production facility to produce graphite and lithium battery options in the future. Focus Graphite has an expert team led by the vision and guidance of Gary Economo. Focus has one of highest grade graphite deposits and is projected to be a low cost producer in mine friendly Quebec.
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CanAlaska Uranium (TSXV: CVV) Targets High Grade Uranium in their Extensive Uranium Rich Holdings in Mining-Friendly Athabasca Basin
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC


CanAlaska Uranium (TSXV: CVV) is currently working on additional exploration of their holdings in the Athabasca Basin, which is known for its vast uranium assets. CanAlaska has identified large unconformity targets while also finding surface showings of high grade uranium in the eastern side of their holdings. CanAlaska has partnerships with major international companies and a strong successful management team. Their extensive uranium holdings present a good opportunity for the value of the Company to increase as uranium prices rise, and as drilling progresses on their targets.
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Rockex Mining (CSE: RXM) Corp Announces Stellar Results on Lake St. Joseph Iron Ore Project in Canada
by By Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC: https://www.linkedin.com/in/allen-alper-84432231


Rockex Mining (CSE: RXM) just announced world-class results on their Lake St. Joseph iron ore project. It has a $9.4 billion Net Present Value with a 6% discount rate or a $6.6 Billion Net Present Value with an 8% discount rate, a 22.5% Internal Rate of Return (pre-tax) and a 3.7 year pay back with an Initial Investment of $3.772 Billion (not including sustaining capital). Mr. Armando Plastino, President and CEO, has a great background for moving Rockex towards production. He and his team are doing an amazing job securing near and long term financing for Rockex to advance the project.
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Nautilus Minerals (TSX: NUS) Advances Sea Floor Mining Project with High Grades of Copper and Gold in New Guinea
by Dr. Allen Alper


Nautilus Minerals (TSX: NUS) is a pioneer in developing deep-water mining in New Guinea, offering extremely high grades of copper and gold. It is the first company to explore the seafloor, commercially, for massive sulphide systems, a potential source of high grade copper, gold, zinc and silver.
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Radisson Mining (TSX: RDS), Advances the O’Brien Gold Project in the World Renown Historic Mining Camp on the Cadillac Fault in Mining-Friendly Quebec
by Dr. Allen Alper


Radisson Mining (TSX: RDS), is currently working on advancing their O’Brien gold project, located in the heart of the world renown historic mining camp on the Cadillac Fault located in Canada’s Quebec. Radisson has completed PEA, has identified 94 exploration drilling targets to generate value, has very high grade and has a Capex lower than 50 million CAD.
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Peak Resources (ASX: PEK) Advances Ngualla Rare Earth Deposit toward Production with High Grades and Low Capex in Tanzania
by Dr. Allen Alper


Peak Resources (ASX: PEK), focused on their Ngualla rare earth deposit located in Tanzania, which is a high quality, low cost and low Capex project. Ngualla is very high in Neodymium and Praseodymium, which are the magnet metal rare earths. It is the world’s highest grade undeveloped project for these two metals, which are the most valuable of the rare earths. The bulk of the composition of high powered magnets is made from these two metals. The project has a very competent team that is being led by Darren Townsend.
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Forsys Metals’ (TSX: FSY) Norasa Uranium Project Poised for Construction in Namibia
by Allen Alper Jr.


Forsys Metals (TSX: FSY), is currently poised to move their Norasa uranium project forward in the mining-friendly jurisdiction of Namibia, as soon as funding can be arranged. Marcel Hilmer, the CEO of Forsys Metals and his knowledgeable team are positioning Norasa Uranium for development. It is a world class deposit in mining- friendly Namibia.
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Altech Chemicals (ASX: ATC) Set to Produce High Purity Alumina at Low Cost in Near Future
by Allen Alper Jr.


Altech Chemicals (ASX: ATC) is aiming to produce high purity alumina (99.99%) from their Meckering kaolin deposit located in Western Australia and downstream processing plant in Malaysia. High purity alumina is used in the production of LEDs and artificial sapphires.
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Almonty Industries Inc. (TSX: ALL) Is Acquiring Woulfe Mining Corp. to Create Largest Tungsten Producer in Multiple Jurisdictions
by Dr. Allen Alper


Almonty Industries Inc. (TSX: ALL), has recently announced that it intends to acquire Woulfe Mining Corp. along with Woulfe’s flagship Sangdong tungsten mine in South Korea, which will position Almonty to be the largest multi-jurisdictional tungsten producer. Lewis Black and his team have done an excellent job transforming Almonty into a low cost and rapidly growing large tungsten company. Almonty’s vision and plans are being very well executed.
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Mining financing by region, January 2013-March 2015
by Chris Galbraith

The past several years have unquestionably been particularly challenging for the mining industry. Nevertheless, in spite of hardships, the mining industry continues to attract new funding. Evaluating financings by the destinations of capital raised shows that the regional distribution is hardly static and that some clear trends can be identified in the geographical distribution of funds from January 2013 through early 2015. While the 2013-2014 periods have been relatively consistent in total funds raised for mining and exploration, 2015 has so far been off to a troubled start.
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Featured News
Xfuels Inc. Enters Into Joint Venture Agreement
DIDSBURY, AB--(Marketwired - May 31, 2016) - Xfuels Inc. (OTC PINK: XFLS) is pleased to report on May 29th 2016 the company signed a joint venture agreement with Converde Inc.
Wolfden announces closing of $357,500 non-brokered flow-through private placement
THUNDER BAY, ON, May 31, 2016 /CNW/ - Wolfden Resources Corporation (WLF:TSX-V) ("Wolfden" or the "Company") is pleased to announce that it has completed a previously announced non-brokered private placement (the "Offering") of 3,250,000 flow-through units (the "Flow-Through Units") at a price of $0.11 per Flow-Through Unit for gross proceeds of $357,500. Each Flow-Through Unit consists of one common share of the Company that is a "flow-through share" within the meaning in the Income Tax Act (Canada) (a "Flow-Through Unit Share") and one-half of one non-transferrable common share purchase warrant (each whole warrant a "Warrant"). Each such Warrant will entitle the holder to purchase one common share of the Company at a price of $0.20 per common share until May 31, 2018.
Motley Rice Announces $140 Million Settlement For Barrick Gold Shareholders
MT. PLEASANT, S.C., May 31, 2016 /PRNewswire/ -- Motley Rice LLC, sole lead counsel in In re Barrick Gold Securities Litigation, has reached a $140 million preliminary settlement with the leading gold mining company Barrick Gold Corporation (NYSE: ABX), on behalf of shareholders who purchased or acquired Barrick common stock on the New York Stock Exchange between May 7, 2009 and Nov. 1, 2013. Today, plaintiffs filed an application for preliminary settlement approval with U.S. District Judge Richard M. Berman. Lead plaintiffs in the case are Union Asset Management Holding AG and LRI Invest S.A.
Essar Steel Algoma Inc. Concludes Phase Two of Sale and Investment Solicitation Process
SAULT STE. MARIE, ON, May 31, 2016 /PRNewswire/ - Essar Steel Algoma has closed the second phase of the Sale and Investment Solicitation Process. The Company is currently working, in consultation with the Chief Restructuring Advisor, its financial advisors and the Monitor, to advance the process toward a successful transaction. The necessary stakeholders will be engaged forthwith in an effort to conclude the process before August 31, 2016.
Wallbridge Announces Further Drill Results and Initiates Permitting Process for Potential Bulk Sample on Parkin Properties
TORONTO, May 31, 2016 /CNW/ - Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge") announces additional drilling results and the initiation of the permitting process, including an environmental baseline study, for a potential bulk sample on its flagship Parkin Properties exploration project in Sudbury, Ontario. The Parkin Properties are being explored for nickel, copper, and platinum group metal mineralization.
Dundee Sustainable Technologies Proceeds to Demonstration Phase With ENAMI Concentrate
MONTREAL, QUEBEC--(Marketwired - May 31, 2016) - Dundee Sustainable Technologies Inc. ("DST" or the "Corporation") (CSE:DST) is pleased to announce that it has entered into an agreement with Empresa Nacional de Minería, Chile ("ENAMI") for the purchase of 125 tonnes of gold concentrate (the "Concentrate") to be processed using DST's gold extraction technology (the "Demonstration Phase"). This is part of a phased approach established between DST and ENAMI with the objective of implementing a commercial processing facility, utilizing DST's patented technology, in Chile.
Nevada Sunrise announces Neptune Lithium Project Phase 1 drilling results
TSXV: NEV
Cliffs Natural Resources Inc. and ArcelorMittal USA LLC Enter Into New Long-term Iron Ore Supply Agreement through 2026
CLEVELAND, May 31, 2016 /PRNewswire/-- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has entered into a new long-term commercial agreement with ArcelorMittal USA LLC to supply tailor-made iron ore pellets for the next ten years through 2026. The new agreement will replace two existing agreements expiring in Dec. 2016 and Jan. 2017 and fill the entirety of ArcelorMittal's pellet purchase requirements from the previous contracts. The new commercial agreement includes ArcelorMittal's total purchases of iron ore pellets from Cliffs up to 10 million long tons and preserves Cliffs' current position as ArcelorMittal USA's sole outside supplier of pellets. Accordingly, Cliffs will continue to be the sole pellet supplier of ArcelorMittal's Indiana Harbor West and Cleveland Works steelmaking facilities, while maintaining the current level of pellet supply to ArcelorMittal's Indiana Harbor East facility. The new contract also establishes a minimum tonnage of pellets of 7 million long tons, which is higher than the current minimum level from the two previous contracts combined.
STT Enviro Corp. Announces Amendment to Previously Granted Options
TORONTO, ON--(Marketwired - May 31, 2016) -  STT Enviro Corp. ("STT" or the "Company") (TSX VENTURE: STT) announces that it has applied to the TSX Venture Exchange to amend stock options to acquire up to 780,000 common shares of the Corporation granted to certain of its employees, officers and a director. The options were initially granted on May 31, 2011 with an expiry date of May 31, 2016 and had an exercise price of $0.16 per common share. The amended stock options will have an expiry date of May 31, 2019 and will vest evenly over three years beginning on June 1, 2016, with the remainder vesting on May 31, 2017 and May 31, 2018.
RNC Increases Ownership Stake in Beta Hunt Gold-Nickel Mine to 100%
TORONTO, May 31, 2016 /CNW/ - Royal Nickel Corporation ("RNC") (TSX: RNX) is pleased to announce that it now owns 100% of Salt Lake Mining Pty Ltd. ("SLM"), after the successful exercise of its options to acquire the SLM shares that it did not already own. SLM's primary asset is a 100% interest in the Beta Hunt gold and nickel mine in Western Australia.
Red Eagle Mining continues to advance construction of the San Ramon Gold Mine during Q1 2016
VANCOUVER, May 31, 2016 /PRNewswire/ - Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) is pleased to announce financial results for the three months ending March 31, 2016 and business highlights to date, including advancements at Red Eagle Mining's San Ramon Gold Mine in Antioquia, Colombia.
H.C. Starck Increases Revenues Despite Weak Raw Materials Markets
MUNICH, May 31, 2016 /CNW/ - H.C. Starck, one of the leading manufacturers of customer-specific powders and components made of technology metals and technical ceramics, performed well in 2015 despite a difficult market environment. The company increased its revenues from the previous year to 815.2 million euros (2014: 785.9 million). By December 31st 2015, the company employed a total of 2,679 employees worldwide (2014: 2,678).
Mexus Gold US: Santa Elena Mine Update
CARSON CITY, Nev., May 31, 2016 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) (“Mexus” or the “Company”) announced that work on the Santa Elena mine is progressing as planned.   On My 24th, representatives from MarMar holdings and Mexus (JV members) held a meeting and adopted a mining plan with numerous items being discussed and agreed upon.  Out of this meeting came the decision to obtain a blasting permit in the name of the JV as opposed to using a blasting contractor.  The parties can control costs and manage the process more efficiently than using an outside vendor.   It will take 4 to 6 weeks to obtain this blasting permit allowing time for our partner to bring in additional equipment.   In the end, this property will be brought into full production faster and much larger than first anticipated.
Centerra Gold Delivers Notice of Arbitration to Kyrgyz Republic Government
Attachment Available: http://www.marketwire.com/library/MwGo/2016/5/31/11G100577/17-Notice_of_Arbitration_SIETS_SAEPF_judgments_May-64390dea44aa842a8fd8eb50a1f9f820.pdf
Cardinal Resources Ltd (ASX:CDV) 220m Wide Gold Zone With Infill Drilling at Namdini
Cardinal Resources Limited (ASX:CDV) announces the results of a further two diamond drill holes, NMDD374-721 and NMDD372-741, recently completed on the Namdini Project ("Namdini") (Figure 1, see link below).
Alset Energy Samples Up to 6.38% Lithium Oxide at Wisa Lake
THUNDER BAY, ONTARIO--(Marketwired - May 30, 2016) - Alset Energy Corp. (TSX VENTURE:ION) ("Alset" or "the Company") is pleased to announce that the Company continues to recover exciting lithium grades from multiple zones at the Wisa Lake property. Recent selective grab samples have returned analyses ranging from 258ppm to as high as 6.38% lithium oxide ("Li2O") on the South Zone ("SZ") which has been traced for approximately 100m on surface before disappearing under overburden cover to the west and into a pond to the east. A single channel sample across 2.0m of the SZ pegmatite returned an average grade of 1.23% Li2O.
Barrick Pueblo Viejo presents success story in communities during IFC conference
WASHINGTON, May 30, 2016 /PRNewswire/ -- The Corporate Social Responsibility Director for the mining company in the Dominican Republic, Barrick Pueblo Viejo, Faby Manzano, presented, during the 10(th) IFC Annual Sustainability Exchange a successful example of how a public-private partnership, impulse by the company enabled six municipalities near the Pueblo Viejo mine site to witness a change in the planning of their development in a participatory manner.
Russia Manganese Oxides Market Business Report 2016 - Research and Markets
DUBLIN, May 30, 2016 /PRNewswire/ --
Empire Industries Reports First Quarter 2016 Results
WINNIPEG, MANITOBA--(Marketwired - May 30, 2016) - Empire Industries Ltd. (TSX VENTURE:EIL) today reported its unaudited consolidated financial results for the first quarter ended March 31st, 2016. The unaudited consolidated financial statements and MD&A have been filed on SEDAR and can be viewed at www.sedar.com or at www.empind.com.
Carbon Steel Market 7 Manufacturers and 2021 Global Forecasts Reviewed in New Report
PUNE, India, May 30, 2016 /PRNewswire/ --
PyroGenesis Announces 2016 Q1 Results: Revenues of $1.0MM; Current Backlog $10.6MM
MONTREAL, QUEBEC--(Marketwired - May 27, 2016) - PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX VENTURE:PYR)(OTCQB:PYRNF), a TSX Venture 50® clean-tech company (the "Company" or "PyroGenesis") that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, announced today its financial and operational results for the first quarter of fiscal year 2016.
Flat Steel Industry Global Market Research Report 2016
PUNE, India, May 27, 2016 /PRNewswire-iReach/ -- ACCESS REPORT @ Global Flat Steel Industry 2016 Market Research Report
Wesdome Gold Mines Ltd. and Canoe Mining Ventures Corp. Close Agreement for Purchase and Sale of Coldstream and Hamlin Properties
TORONTO, May 27, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) ("Wesdome" or the "Company") and Canoe Mining Ventures Corp. (TSXV: CLV) ("Canoe Mining") are pleased to announce that the parties have closed their previously announced agreement (the "Purchase Agreement") whereby Wesdome has purchased from Canoe Mining, a 100% interest in the Coldstream Project ("Coldstream") and the Hamlin-Deaty Creek Property ("Hamlin"), which are near to Wesdome's Moss Lake properties located 100 kilometres due west of Thunder Bay, Ontario (collectively, the "Properties").
New Millennium Iron Corp. Announces Receipt of Director Nominations
CALGARY, ALBERTA--(Marketwired - May 27, 2016) - New Millennium Iron Corp. ("NML" or the "Company") (TSX:NML) announced today that pursuant to its advance notice bylaw adopted by the Board of Directors effective May 1, 2014 and ratified by the shareholders at the annual meeting held on June 25, 2014, it has received a notice of nomination of directors (the "Notice") from W. Scott Leckie, a shareholder of the Company, in respect of three director nominees who are expected to be nominated by Mr. Leckie at the Company's upcoming annual general and special meeting of shareholders to be held on June 23, 2016 (the "Meeting"). Mr. Leckie has advised that he intends to put forward himself, Daniel P. Owen and Biswajit Chanda for election as directors of the Company (the "Shareholder Nominees").
USW Reacts to G-7 Pledge for Action on Global Steel Overcapacity
PITTSBURGH, May 27, 2016 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) union issued the following statement today from USW International President Leo W. Gerard after the G-7, consisting of the United States, Canada and other major countries, pledged to address critical issues including global excess steel capacity:
First Bauxite Corporation Announces Filing of Quarterly Financial Statements and MD&A
TORONTO, ONTARIO--(Marketwired - May 27, 2016) - First Bauxite Corporation ("First Bauxite" or the "Company") (TSX VENTURE:FBX)(FRANKFURT:FBI)(BERLIN:FBI) is pleased to announce that it has filed its unaudited quarterly financial statements and management's discussion and analysis for the period ended March 31, 2016. Both are available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.firstbauxite.com.
Disruptions and Sentiment Drive Crude Higher While Metals Take a Breather: Scotiabank
TORONTO, ON--(Marketwired - May 27, 2016) - Scotiabank's Commodity Price Index improved by 4.5% m/m in April as energy gains more than offset metals weakness. A range of recent high profile disruptions caused temporary shifts in price, though Scotiabank Economics does not expect the market to enter a sustainable deficit until mid-2017. Overall, a respectable showing among the grains and oilseed rounded out a good month for the prices of major Canadian export commodities.
Nautilus Minerals Chairman Retires
TORONTO, ONTARIO--(Marketwired - May 27, 2016) - Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that Mr. A. Geoffrey Loudon has advised the Board that he is retiring and will not stand for re-election at the upcoming Annual General Meeting on June 1, 2016 (the "AGM").
Outokumpu completed share repurchase
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Consolidated Minerals Limited ('Consmin' or the 'Company') Report for the Quarter ending 31 March 2016
ST HELIER, Jersey, May 27, 2016 /PRNewswire/ --
Outokumpu wins ISSF Sustainability Award for water recycling in Mexico
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USW: ITC Decision to Proceed with Steel Trade Case to Sanction Chinese Unfair and Illegal Practices Could Provide Significant Relief
PITTSBURGH, May 26, 2016 /PRNewswire-USNewswire/ -- United Steelworkers (USW) International President Leo W. Gerard issued the following statement today after the U.S. International Trade Commission (ITC) decided to initiate action on the complaint filed by United States Steel Corporation (U.S. Steel) under Section 337 of the Tariff Act of 1930. The petition was filed at the ITC on April 26, 2016, seeking relief from China's unfair and illegal practices in the steel sector.
Northern Dynasty Announces Offerings of up to $15.0 Million
VANCOUVER, May 26, 2016 /CNW/ - Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE MKT: NAK) ("Northern Dynasty" or the "Company") announces that it has filed prospectus supplements dated May 26, 2016 with the securities commissions in British Columbia, Alberta and Ontario, and in the United States with the U.S. Securities and Exchange Commission (the "SEC") in connection with an offering of units (each, a "Unit") of the Company (the "Offering"). The Canadian prospectus supplement has been filed pursuant to the Company's base shelf prospectus dated March 7, 2016. The U.S. prospectus supplement has been filed pursuant to the Company's U.S. base shelf prospectus filed pursuant to its registration statement on Form F-3, which was declared effective by the SEC on March 30, 2016.
U. S. Steel President and CEO Applauds International Trade Commission 337 Decision
PITTSBURGH, May 26, 2016 /PRNewswire/ -- Today United States Steel Corporation (NYSE: X) President and CEO Mario Longhi issued the following statement in response to the International Trade Commission (ITC) decision to initiate an investigation into the allegations contained in the company's 337 filing against Chinese steel producers.
Teck Announces Pricing of US$1.25 Billion of 5 and 8-Year Notes
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 26, 2016) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that it has priced its previously-announced offering of senior unsecured notes.
Boart Longyear featuring the LS(TM)250 MiniSonic(TM) and performance drilling tooling at the South Atlantic Jubilee
SALT LAKE CITY, May 26, 2016 /PRNewswire-USNewswire/ -- Boart Longyear will present its latest sonic drilling rig, the LS(TM)250 MiniSonic(TM) and sonic and overburden construction tooling at the South Atlantic Jubilee from June 16 to 18 in Myrtle Beach, S.C.
Tim Oliver to Lead Alset Energy's Lithium Advisory Committee for Salars in Mexico
THUNDER BAY, ONTARIO--(Marketwired - May 26, 2016) - Alset Energy Corp. (TSX VENTURE:ION) ("Alset" or "the Company") is pleased to announce that the Company has formed a specialty committee and hired expert personnel to help with the evaluation, advancement and potential development of the lithium-, potassium- and boron-rich salars in which the Company has an option to purchase under the previously announced binding Letter of Intent ("LOI") from Litio Mex, S.A.de C.V. of Zacatecas, Mexico (see PR DATED April 19, 2016). The new committee will be led by Mr. Tim Oliver, previously of Lithium-X Energy Corp. and will be joined by Mr. David Hawkins and Mr. Brian Robertson.
Niocan Amends its $1.2 Million Secured Debenture to Benefit From a $150,000 Cash Injection to Sustain its Operations
MONTREAL, QUEBEC--(Marketwired - May 26, 2016) - Niocan Inc. ("Niocan" or the "Company") (TSX VENTURE:NIO) announces that it has amended its $1.2 million secured non-convertible debenture with Nio-Metals Holdings LLC ("Nio-Metals") dated February 19, 2013 to benefit from a $150,000 cash injection (the "Cash Injection") to sustain its operations (the "Amended Secured Debenture"). The amendments also consider payment of the interest in shares (the "Interest Share Payment") instead of in cash, starting in March 31, 2016. Except for the Cash Injection and the Interest Share Payment, the other material terms and conditions of the Amended Secured Debenture have remained the same.
Altos Hornos de México Reports Additional Details Related to the Lifting of Suspension of Payments
MONCLOVA, Mexico, May 26, 2016 /PRNewswire/ -- Altos Hornos de México S.A.B. de C.V. ("AHMSA" or the "Company"), the leading integrated steel producer in Mexico, today reported additional details related to the lifting of its suspension of payments proceeding. The suspension of payments was lifted on May 16, 2016 following approval of the Company's general payment agreement (the "Plan") by Judge Juan Carlos Carranza Leija of the First Civil Court of First Instance in the Judicial District of Monclova, Coahuila (the "SP Court").
Columbus Gold Advances Feasibility Study and ESIA on Montagne d'Or Gold Deposit, French Guiana
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 26, 2016) - Columbus Gold Corp. (TSX:CGT) (OTCQX:CBGDF) is pleased to provide an update on the advancement of the ongoing Bankable Feasibility Study ("BFS") and Environmental and Social Impact Assessment ("ESIA") at its 100% owned Montagne d'Or gold deposit, French Guiana. The studies are being funded by Nord Gold N.V. (LSE: NORD LI) pursuant to which they can earn a 50.01% interest (for a total of 55.01%) in Montagne d'Or.
Iberian Minerals Ltd.: Mineworx to Commence Commercial Gold Production in Arizona
EDMONTON, ALBERTA--(Marketwired - May 26, 2016) - Iberian Minerals Ltd. (the "Company" or "Iberian") (TSX VENTURE:IML)(OTCQB:SLDRF) announced today that its 100% wholly owned subsidiary, Mineworx USA Inc. has signed an Agreement with Vulture Peak Gold Inc. (VPG), who are currently operating a hard rock gold processing plant on location. The historic gold property is approximately 275 contiguous acres and located at Wickenburg, Arizona, approximately 70 miles northwest of Phoenix. Mineworx is an innovative technology Company that has developed HM X-tract, a patent-pending environmentally friendly, portable, heavy mineral extraction unit for the mining sector.
IBC Advanced Alloys Completes Corporate Restructuring With Two New Board Appointments, New President and CEO, and New Director of Investor and Public Relations
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 26, 2016) -
Continental Gold Provides Update on the Colombian Government Operation to Permanently Close All Illegal Mines in Buritica
In a publicly-aired address to media in Medellín, Colombia on May 24, 2016, the Governor of Antioquia, Luis Perez, noted that the intervention plan against illegal mining has "advanced 64% to date," and stated: "We will stay there [Buriticá] for a while; if someone there is in hiding, believing that we will leave this coming Sunday, he will have to wise up because if we need to remain at Buriticá for three, six, nine months or a year, we will do it. We will ensure Buriticá becomes an example of peaceful mining." The Governor added, in reference to the conditions at Buriticá and nearby towns: "Regulated conditions are in the process of returning to these municipalities. They have become normal -- the markets, food, housing prices and invasions [by non-residents] have diminished substantially."
Honey Badger Exploration Announces Acquisition of Wemindji Diamond Claims in Quebec
TORONTO, ONTARIO--(Marketwired - May 26, 2016) - Honey Badger Exploration Inc. (TSX VENTURE:TUF) ("Honey Badger" or the "Company") announces that it has entered into an agreement, subject to certain terms and conditions, to acquire 29 claims located approximately 20 kilometres south-east of Wemindji, in the James Bay region of Québec. The claims totaling 1,388 hectares are located in the same fertile kimberlite area as the Company's LG Diamonds Project (see Figure 1 at the following address: http://media3.marketwire.com/docs/160526_Figure%201_Wemindji_diamond_claims.pdf).
Outokumpu Leadership Team as of June 1, 2016
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Experts Corner
Gold More Productive Than Cash?!
by Axel Merk, Merk Investments
Is gold, often scoffed at as being an unproductive asset, more productive than cash? If so, what does it mean for asset allocation?
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John Kaiser Uses Outcome Visualization to find “World Class” Arizona Mining
by Allen Alper Jr.
One of the big problems speculators and resource plays have is company comes up with a big intersection -- one hundred meters of -- four and a half percent zinc, four and a half percent lead ... What does it mean?
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Money Metals Issues 2016 Gold/Silver Forecast
by Clint Siegner, Money Metals Exchange
Clint Siegner is a Director at Money Metals Exchange, the national precious metals company named 2015 "Dealer of the Year" in the United States by an independent global ratings group. A graduate of Linfield College in Oregon, Siegner puts his experience in business management along with his passion for personal liberty, limited government, and honest money into the development of Money Metals' brand and reach. This includes writing extensively on the bullion markets and their intersection with policy and world affairs.
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AOTH’s Richard Mills Sernova Corp Interview
by Richard (Rick) Mills / Ahead of the Herd
Sernova Corp. TSX.V – SVA has developed the subcutaneous Cell Pouch™ specifically designed to overcome the issues with previous implanted devices for cell transplantation. Sernova’s extensive Phase I/II clinical safety and efficacy studies have shown this device to be both safe and effective, while being sparing of islets, supporting its design and function.
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Brine Lithium Harvesting Compared to Hard Rock Mining
by Peter Epstein, CFA, MBA Twitter: @peterepstein2
Before launching into a comparison of hard rock lithium mining vs. harvesting lithium brines, it's important to point out that hard rock mining can be preferable to alternative methods, but usually only where hard rock mining is already entrenched in places like the Greenbushes mine located in south Western Australia... Also, I use the word, “lithium” loosely to describe lithium carbonate, lithium hydroxide and other forms of lithium. Please see applicable disclosures at the bottom of this article.
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Nevada Copper Corp Getting No Respect, Acquisition Target?
by Peter Epstein, CFA, MBA Twitter: @peterepstein2
Copper Supply Far From Secure, Production Costs Rising
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Warrants: Options On The Future
by Dudley Pierce Baker
Have you ever explored the numerous opportunities available using stock warrants? Probably Not!
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Why Commodity Prices Are Down and May Go Lower
by Mickey Fulp the Mercenary Geologist
A multitude of mavens, pundits, sages, wizards, writers, and assorted talking heads with various but vested interests in the hard commodities sector have weighed-in on the supposed demise of the secular bull market in “stuff” over the past few months
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Accelerating to What Exactly?
by Richard (Rick) Mills / Ahead of the Herd
We humans have been changing the world around us for tens of thousands of years. It’s pretty much what we do, we shape and we change the existing environment through design and then indifference to the results of our actions.
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Thomas S. Drolet Explains Why He Is Bullish On Uranium
by Dr. Allen Alper and Aaron Hoos
Gold, silver, copper, iron ore… It’s easy to think of the hard metals when you think of the metals and mining industry. But one mineral that you should be paying attention to is uranium. Other metals may turn into products and infrastructure; uranium turns into energy.
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Rick Mills: Greenland Is the Final Frontier for Lower-Cost Mining
Richard Mills Industrial minerals like copper and nickel are essential to global economic expansion. But everywhere you look, grades are getting lower, and costs are getting much, much higher. Is there a way out? Rick Mills says mining companies need to look to Greenland.
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A VMS Venture
According to the Metals Economics Group report, ‘Strategies for Copper Reserves Replacement Study’ a combination of lower grades and higher costs (taxation, royalty and environmental approval) are pushing up the copper mining industry’s capital and operating costs.
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The Greatest Gold Rush
by Richard (Rick) Mills / Ahead of the Herd
As a general rule, the most successful man in life is the man who has the best information.

Here’s four facts I want you to have on your screen before we get going:
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Global Cobalt
by Richard (Rick) Mills / Ahead of the Herd
Most of the world’s cobalt is mined in Africa and the majority of Africa’s cobalt comes from the Democratic Republic of Congo. The DRC represented about 55 percent of global mine supply in 2012 and the country contains almost 50 percent of known worldwide cobalt reserves.
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Gold Price Forecast 2013, Buying Opportunity?, is Silver Cheaper?
by Nadeem Walayat
Gold and Silver bugs have had an abysmally poor 2012 against expectations for new all time highs, where a 1 year bear market from the August 2011 high into the May 2012 low failed to spark a sustained run to new all time highs. The rally from which petered out by early October at $1800, followed by another trend back to leave Gold at $1657 as per the last close, this despite reams and reams of material plastered all over the internet that hoped for an eventual return to a gold standard or "Sound Money" as being the ultimate outcome of our ongoing global debt and money printing crisis.
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