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Norsk Hydro (LON: NHY): One of the World's Five Largest Aluminum Companies Outside of China with Annual Revenue Around 10 billion U.S. Dollars
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Norsk Hydro (LON: NHY) is an aluminum company founded in 1905 and headquartered in Norway. According to Halvor Molland, VP Media Relations of Norsk Hydro, the company is one of the world's five largest aluminum companies outside of China, with annual revenue around 10 billion U.S. dollars. Today, they are present all along the value chain from bauxite and alumina operations in Brazil, through primary production in Norway, Qatar, Slovakia, Brazil, Australia, Canada and Germany. Hydro also holds 50% share of Sapa AS which is the world's largest extrusion company. We learned from Mr. Molland that the main applications driving the growth of aluminum are automotive, building and construction.
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Interview with Major General David R. Heinz, President and CEO of IBC Advanced Alloys Corp. (TSX-V: IB, OTCQB: IAALF): Leading Manufacturer and Supplier of High-Performance Beryllium Aluminum Cast Components and Specialty Copper and Other Alloys
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


IBC Advanced Alloys Corp. (TSX-V:IB, OTCQB:IAALF) is a leading manufacturer and supplier of high-performance beryllium-aluminum cast components and specialty copper and other alloys. The Company serves customers in a variety of industries such as defense, aerospace, automotive, oil & gas, electronics, and telecommunications. The company is under the strong leadership of highly decorated Major General David “Duncan” R. Heinz, who serves as President and CEO. The company has two business divisions: - the Copper Alloys Division and the Engineered Materials Division, and serves its customers from four manufacturing locations in the United States. IBC Advanced Alloys recently raised C$7.46 million in an over-subscribed, non-brokered placement that they are now using to upgrade and optimize equipment, increasing throughput capacity, and further reduce cost. IBC Advanced Alloys Corp. also is at the forefront of developing scandium-containing aluminum alloys. General Heinz stressed the importance of IBC’s relationship with NioCorp Developments Ltd. – which intends to produce Scandium in the U.S. -- and the importance of scandium-containing aluminum alloys in the aerospace industry to significantly reduce aircraft weight, improve fuel efficiency, reduce emissions, and strengthen performance.
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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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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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Globex Mining Enterprises Inc (TSX: GMX) Makes Money in Precious Metal, Base Metal and Industrial Mineral Based North American Projects
by Dr. Allen Alper


Globex Mining (TSX: GMX), with more than 110 projects including 30 royalties, is currently exploring options in gold, silver, talc, magnesia, and zinc and copper based projects.
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PDAC 2011
by Allen Alper and Jeff Senior


With the Prospectors and Developers Association of Canada’s next Toronto show set for 6-9 March 2011, we caught up with Joe Hinzer to find out what’s on the agenda.
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Thomas Patton, President & CEO Quaterra Resources Inc. Discovering New North American Mines – Copper, Uranium, Gold, Silver, Molybdenum
by Dr. Allen Alper and Jill Cueni-Cohen


When it comes to making significant mineral discoveries in North America, Quaterra Resources Inc. is on the cutting edge. We caught up with Quaterra’s President & CEO Dr. Thomas Patton to get the inside scoop on this exciting junior’s current projects and outlook.
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President and CEO Scott Weekes Talks about Exciting Developments at Redstar Gold
by By Andrew Alper and Bryan Martin


For junior exploration company, Redstar Gold (TSX.V:RGC), raw data has proven to be as good as gold; both figuratively and literally.
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Interview with Aubrey Eveleigh President and CEO of Zenyatta Ventures Ltd. (TSXV: ZEN, OTCQX: ZENYF): Developing a World Class Graphite Deposit
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


We talked with Aubrey Eveleigh, who is President and CEO of Zenyatta Ventures Ltd. (TSXV: ZEN, OTCQX: ZENYF). They have found a world class and unique graphite deposit with a potential for 1.5 million tons of 99.9% pure graphene product. The site has great infrastructure, located in mining friendly Canada, just north of the Trans-Canada Highway. Zenyatta is positioned to provide graphite for lithium-ion batteries, fuel cells, and various clean tech applications. They are a strong company with a great team and a world class property in Canada.
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Interview with Sean Samson, President and CEO of Rogue Resources Inc. (TSX-V: RRS): High Quality Silica Asset, on Path to Production in Mining Friendly Québec
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA


Sean Samson, President and CEO of Rogue Resources Inc. (TSX-V: RRS) shares with Dr. Allen Alper details about their high quality silica asset in mining friendly Québec. With a strong cash position, and very strong financing record, they have a clear plan to move forward rapidly. With a very capable team experienced in building businesses and generating positive cash flow, they are qualified to execute their plan to accomplish their objectives and become a profitable silica producer.
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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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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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Australia Minerals and Mining Group Ltd.’ (ASX: AKA) Ric Dawson Tells of Innovative Technology that Could Generate Huge Cash Flow from High Purity Alumia
by Dr. Allen Alper and Aaron Hoos


In the resource mining industry, where the job is to get minerals out of the ground and process them, innovation tends to focus on how efficiently that job is done. The faster explorers can find a deposit and the faster that a producer can mine it, the better.
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Great Western Minerals Mines and Markets Rare Elements
by Dr. Allen Alper and Alison J. Conte


Since we last spoke with Gary Billingsley, Executive Chairman of Great Western Minerals, in May 2008, his company has continued to expand on their mine-to-market business strategy with the acquisition of another production facility, an option to recommission a former rare earth mine in South Africa, and a new heavy rare earth property in New Brunswick.
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Great Western Minerals Poised for Rare Opportunity
by Dr. Allen Alper and Alison Conte


Interview with Gary Billingsley, Chairman, and Jim Engdahl, CEO, of Great Western Minerals
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Commerce Resources - the next Canadian Tantalum and Niobium Mine
by Dr Allen M. Alper

For the past few years, I have been following the developments of Commerce Resources with great interest. Commerce Resources is developing the largest new tantalum and niobium resource in Canada. I have had many conversations with Dave Hodge and his staff.
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Featured News
Lockheed Martin Awards New Contract to IBC Advanced Alloys With a 16% Increase in Beralcast(R) Components for the F-35 Lightning II Aircraft
FRANKLIN, INDIANA--(Marketwired - Feb. 23, 2017) - IBC Advanced Alloys Corp. (TSX VENTURE:IB)(OTCQB:IAALF) ("IBC" or the "Company") a leading beryllium and copper advanced alloys company, announces that Lockheed Martin (NYSE:LMT) has awarded IBC a new contract to produce a crucial advanced beryllium-aluminum alloy component for the F-35 Lightning II Electro-Optical Targeting System (EOTS).
MacDonald Mines Provides Update on Exploration Programs of Both Holdsworth and Charlevoix: Composite Samples Up to 99.39% High Purity Silica From Charlevoix
TORONTO, ONTARIO--(Marketwired - Feb. 23, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", or the "Company") has begun exploration programs at both its Wawa-Holdsworth Gold Project near Wawa, Ontario, and its Charlevoix Silica Property located approximately 42 kilometres north of Baie-Saint-Paul, Quebec. The sampling program conducted at Charlevoix suggest that the high purity quartzite unit mined at the Sitec Silica Mine extends on the property.
Canadian Metals Granted to Directors, Officers and Consultants
MONTREAL, QUEBEC--(Marketwired - Feb. 22, 2017) - Canadian Metals Inc. (the "Corporation") (CSE:CME)(CSE:CME.CN) announces that the Board of Directors has approved the grant of an aggregate of 500,000 stock options to be distributed among directors, officers and consultants of the Corporation under the terms of the Corporation's Stock Option Plan, each option being exercisable at $0.105 per share for a period of five years.
East Africa Metals Provides Corporate Exploration Update
VANCOUVER, BC--(Marketwired - February 22, 2017) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to provide an update for on-going exploration and resource definition on the Adyabo and Harvest Projects in Ethiopia.
Emmerson Resources Limited (ASX:ERM) Presentation RIU Explorers Conference
Emmerson Resources Limited (ASX:ERM) (OTCMKTS:EMMRF) is pleased to provide the Company's latest Presentation at RIU Explorers Conference.
Angel Gold Commences Geophysical Survey on its El Porvenir Project in Antioquia, Colombia
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 21, 2017) - Angel Gold Corp. (TSX VENTURE:ANG) ("Angel" or the "Company") is pleased to announce that the Company has commenced geophysical surveying on its El Porvenir project where surface trenching and sampling has identified high-grade gold and silver values. The project is located at less than 2 km from Gran Colombia project, in the Segovia Belt, the most productive gold district in Colombia.
Mirasol Upgrades La Curva Project with New Gold-Silver Rock Chip Results from Cerro Chato Drill Target, Santa Cruz Argentina
VANCOUVER, Feb. 21, 2017 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, "Mirasol") Recent exploration at the 100%-owned La Curva gold project Santa Cruz Argentina, has identified a 300 m-long zone of Au+Ag-bearing epithermal veinlets which crosscut a well-developed barren silica cap at the Cerro Chato prospect. The veinlets assay up to 10.76 g/t Au and 24 g/t Ag, and directly overlie a portion of a 1.2 km-long IP geophysical resistivity anomaly centred at shallow depths beneath the Au+Ag barren silica cap. Mirasol's geologists interpret the veinlets as possible indications of "geochemical leakage" from a concealed zone of Au+Ag mineralization beneath the silica cap evidenced by the large IP resistivity anomaly at the Cerro Chato prospect.
Emmerson Resources Limited (ASX:ERM) Extensions to High Grade Gold at Edna Beryl Confirmed
Emmerson Resources Limited (ASX:ERM) (OTCMKTS:EMMRF) ("Emmerson") is pleased to announce the last of the assay results from campaign 3 at Edna Beryl (completed in late 2016) that confirm the high-grade gold mineralisation in ironstone 1 continues at depth. Diamond drill hole EBWDD054 is the deepest drill hole to date at Edna Beryl, some 220m below the surface which provides additional confidence to the mineralisation continuing at depth and extending in most directions (see figure 2 and 3 in the link below). Of note is the high-grade bismuth (~2%) and copper (2.1%) which based on the historic metal zonation from other mines, indicates proximity to high-grade gold. Again well illustrated in the best drill intersection (drill hole EBWRC041) from campaign 3 of 8m at 157g/t gold (which included 1m at 1043g/t gold, 229g/t silver, 1.44% bismuth and 2.04% copper) (see ASX announcement on 31 October 2016). Note this bonanza gold intersection tested a blind (to the surface) ironstone that remains open and will be followed up in subsequent drill programs (see Figure 1, 2, 3 and table 1 in the link below).
CRU 22nd World Aluminium Conference 2017 at the Marriot in London
CRU's World Aluminium Conference 2017 takes place on 3-5 May 2017, at the Marriot (NASDAQ:MAR) London Grosvenor Square, London, UK.
Helix Resources Limited (ASX:HLX) Drilling Commences at Cobar Gold Project NSW
Helix Resources Limited (ASX:HLX) is pleased to advise that a diamond drilling program has commenced at the Cobar Gold Project in the Central Western region of NSW.
Goldcorp provides exploration update
(All Amounts in $US)
Research Reports Initiation on Metals & Minerals Stocks -- US Silica, Uranium Resources, Uranium Energy, and Taseko Mines
NEW YORK, February 9, 2017 /PRNewswire/ --
Norsk Hydro: Fourth quarter 2016: Higher alumina and aluminium prices lift results
Hydro's underlying earnings before financial items and tax rose to NOK 1,829 million in the fourth quarter from NOK 1,477 million in the third quarter. Higher realized alumina and aluminium prices lifted results for the quarter, partly offset by seasonally higher costs and lower aluminium product sales. Hydro expects continued healthy demand for aluminium and aluminium products, forecasting global primary demand growth at 3-5 percent in 2017. 

  • Underlying EBIT of NOK 1 829 million
  • Higher realized all-in aluminium and alumina prices
  • Record production at Alunorte and Paragominas
  • Weak Rolled Products results on lower sales and margins, increased costs
  • NOK 1.4 billion Better improvements in 2016 vs NOK 1.1 billion target
  • Karmøy Technology Pilot and new automotive line on time and budget
  • Proposed dividend for 2016 of NOK 1.25 per share
  • 2017 global primary demand growth outlook of 3-5%, global market largely balanced

"Demand for aluminium remains firm and prices have increased, contributing to a solid quarter for Hydro. I am particularly pleased to see more and more car producers choosing aluminium for light-weighting and climate purposes. I am eager to see our new Rolled Products automotive line in Germany ramping up this year to meet the rapidly growing automotive demand," says President and CEO, Svein Richard Brandtzæg.

"We have made better-than-expected progress in our Better improvement efforts, delivering 1.4 billion NOK in improvements in 2016. These efforts will continue with full force in 2017, making Hydro's operations more robust across the value chain and the company well positioned for a better, bigger and greener future," says Brandtzæg.

Underlying EBIT for the Bauxite & Alumina business area increased significantly compared to the third quarter, due to higher realized alumina prices, driven by a higher alumina index and aluminium prices on the London Metal Exchange. Both the Paragominas bauxite mine and the Alunorte alumina refinery reached record yearly production in 2016 of 11.1 million mt and 6.3 million mt, respectively. There was also a significant positive effect from the settlement of a compensation arrangement related to the acquisition of Paragominas in 2011, which was realized in combination with acquisition of the remaining shares in Paragominas.

"I am very pleased to see the record safety results for Hydro in 2016. Combined with record yearly production results at both the Paragominas bauxite mine and the Alunorte alumina refinery in Brazil, these results demonstrate our long-term commitment to operational excellence," says Brandtzæg.

Underlying EBIT for the Primary Metal business area decreased slightly in the fourth quarter. Lower volumes and seasonally higher fixed costs were largely offset by higher realized aluminium prices. 

"The Karmøy Technology Pilot, aiming to verify the world's most energy and climate-efficient aluminium production, is well under way. We expect the first metal to be produced at the new plant during the fourth quarter 2017," says Brandtzæg.

Underlying EBIT for Metal Markets improved in the fourth quarter, mainly due to improved results from sourcing and trading activities, partly offset by somewhat lower results from remelters. 

Underlying EBIT for the Rolled Products business area was significantly lower compared to the third quarter of 2016, primarily due to seasonally lower volumes, reduced margins, higher maintenance activities and higher costs. In addition, depreciation increased somewhat due to the start-up of the new automotive line in Grevenbroich, Germany, in the fourth quarter. The USD strengthening against the Euro contributed positively and the Neuss aluminium plant result improved due to an increase in the all-in metal price.

Underlying EBIT for the Energy business area increased compared to the previous quarter, mainly due to higher prices, lower area cost and improved contribution from commercial activities, partly offset by lower production. Production costs were lowered by seasonally lower property taxes, but partly offset by higher transmission cost and higher maintenance activity. Area cost declined later in the quarter in line with better transmission capacity and improved hydrology in Mid-Norway. 

Underlying EBIT for the Sapa joint venture decreased compared to the previous quarter, mainly due to seasonally lower market demand.

For the full year, underlying EBIT decreased to NOK 6,425 million compared with NOK 9,656 million in 2015, mainly due to a decrease in realized alumina prices and all-in metal prices, partly compensated by positive currency effects, lower raw material costs and ongoing improvement efforts. In 2016, Bauxite & Alumina achieved record production at both Paragominas and Alunorte, Sapa performance continued to improve, while Rolled Products delivered a weaker result, driven by lower margins and higher costs.

Hydro made good progress on its "Better" improvement ambition targeting NOK 2.9 billion of annual improvements by 2019. For 2016, NOK 1.4 billion of annual improvements was delivered, exceeding the 1.1 billion target.

Hydro's net cash position increased during the fourth quarter by NOK 0.6 billion to NOK 6.0 billion at the end of the quarter. Net cash provided by operating activities amounted to NOK 4.2 billion. Net cash used in investment activities, excluding short term investments, amounted to NOK 2.4 billion. 

For 2016, Hydro's Board of Directors proposes an increased dividend of NOK 1.25 per share, demonstrating the company's commitment to provide a predictable and competitive cash return to shareholders, and taking into account the volatility in the aluminium industry. The proposed payment represents a 40% percent pay-out ratio of reported net income for the year reflecting Hydro's operational performance for 2016 and strong financial position.

Hydro's Board of Directors has revised the company's dividend policy to reflect the ambition to pay a stable or increasing dividend. Hydro's policy is in the long term to pay out, on average, 40 percent of reported net income as dividend over the cycle.

Reported earnings before financial items and tax amounted to NOK 1,964 million in the fourth quarter. In addition to the factors discussed above, reported EBIT included net unrealized derivative gains of NOK 106 million and positive metal effects of NOK 68 million. Reported earnings also included a charge of NOK 285 million reflecting partial write-down of capitalized costs due to a design review of the part-owned projected CAP alumina refinery and a compensation of NOK 254 million relating to the completion of outstanding contractual arrangements with Vale, both in Brazil. In addition, reported earnings included a charge of NOK 32 million relating to a change in interest rate used in the calculation of environmental liabilities linked to idled sites in Germany, and a net gain of NOK 23 million in Sapa (Hydro's share net of tax) relating to unrealized derivative gains, rationalization charges and net foreign exchange gains.

In the previous quarter reported earnings before financial items and tax amounted to NOK 1,376 million including net unrealized derivative gains of NOK 100 million and positive metal effects of NOK 48 million. Reported EBIT also included a charge of NOK 124 million relating to the demolition of the Kurri Kurri site and an impairment charge of NOK 140 million relating to the decision to divest the Hannover site. In addition, reported earnings included a net gain of NOK 15 million in Sapa (Hydro's share net of tax) relating to unrealized derivative gains, rationalization charges and net foreign exchange gains.  

For the full year 2016, reported earnings before financial items and tax amounted to NOK 7,011 million including net unrealized derivative gains and positive metal effects of NOK 553 million in total. Reported earnings also included charges of NOK 192 million relating to the demolition of the Kurri Kurri site, impairment charges of NOK 426 million relating to the part-owned projected CAP alumina refinery and the Hannover site, a net gain of NOK 314 million relating to the sale of certain assets in Grenland, in addition to a negative adjustment relating to the sale of the Slim rolling mill in the fourth quarter of 2015. Other positive effects of NOK 223 million reflects the compensation relating to the completion of outstanding contractual arrangements with Vale and the charge of NOK 32 million relating to re-measurement of environmental liabilities in Germany. In addition, reported earnings included a net gain of NOK 113 million for Sapa (Hydro's share net of tax), relating to unrealized derivative gains, rationalization charges and net foreign exchange gains. 

In the previous year, reported earnings before financial items and tax amounted to NOK 8,258 million including net unrealized derivative gains and negative metal effects of NOK 454 million in total. Reported earnings also included charges of NOK 285 million relating to the termination of the Vækerø Park lease contract and net losses on divestments of NOK 365 million, including losses of NOK 434 million related to the sale of the Slim rolling mill and gains of NOK 69 million in total related to sale of other assets. In addition, reported earnings included a net charge of NOK 331 million for Sapa (Hydro's share net of tax) relating to unrealized derivative losses, rationalization charges and net foreign exchange losses, together with a compensation of NOK 37 million relating to insurance proceeds in Qatalum.

Net income amounted to NOK 1,008 million in the fourth quarter including a net foreign exchange loss of NOK 26 million mainly reflecting the strengthening Euro versus Norwegian kroner affecting liabilities in Euro in Norway and embedded currency derivatives in power contracts.

In the previous quarter net income was NOK 1,119 million including a net foreign exchange gain of NOK 358 million mainly reflecting the strengthening Norwegian kroner versus Euro affecting liabilities in Euro in Norway and embedded currency derivatives in power contracts.

In 2016 net income amounted to NOK 6,586 million including a net foreign exchange gain of NOK 2,266 million. The net foreign exchange gain in 2016 was mainly comprised of unrealized currency gains on US dollar debt in Brazil and embedded derivatives in power contracts denominated in Euro. The net foreign exchange gain also included gains on internal debt denominated in Euro. 

In the previous year income amounted to NOK 2,333 million including a net foreign exchange loss of NOK 4,397 million. The net foreign exchange loss in 2015 was mainly comprised of currency losses on US dollar debt in Brazil and embedded derivatives in power contracts denominated in Euro. The net foreign exchange loss also included losses on US dollar debt in Norway.

Key financial information
North Arrow Reports Highly Anomalous Till Sample Result From the Mel Diamond Project
VANCOUVER, BC--(Marketwired - February 08, 2017) - North Arrow Minerals Inc. (TSX VENTURE: NAR) is pleased to provide an update on its 100% owned Mel Diamond Project located in Nunavut within 18km of the Arctic Ocean, approximately 140km south of the community of Hall Beach and 210km north of North Arrow's Naujaat (Qilalugaq) Diamond Project near the community of Naujaat.
Hudson Resources Announces That the European Investment Bank Approves Debt Financing of the White Mountain Project
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 7, 2017) - HUDSON RESOURCES INC. (the "Company") (TSX VENTURE:HUD)(OTCQX:HUDRF) is pleased to announce that the Management Committee of the European Investment Bank ("EIB") has granted preliminary approval to provide debt financing of up to US$13M (CDN$17.3M) for Hudson's White Mountain Anorthosite Project in Greenland through its 100% owned Greenland subsidiary, Hudson Greenland A/S.
Canadian Metals Closes First Tranche of Private Placement
MONTRÉAL, QUÉBEC--(Marketwired - Feb. 3, 2017) - Canadian Metals Inc. (the "Corporation" or "Canadian Metals") (CSE:CME)(CSE:CME.CN) has closed the first tranche of a non-brokered private placement with accredited investors, as well as with directors of Canadian Metals, by issuing 2,369,998 units at a price of $0.15 per unit, for total gross proceeds to Canadian Metals of $355,500. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the corporation at a price of $0.20 for a period of 12 months from the closing date of the private placement.
China Magnesium Corporation Ltd (ASX:CMC) Greenbushes Lithium Desktop Review Confirms World-Class Potential
China Magnesium Corporation Limited (ASX:CMC) ("CMC" or "the Company") advises it has completed a desktop review of the available geophysical and geological data in relation to its Greenbushes Lithium project.
Darnley Bay Appoints Two New Independent Directors
TORONTO, ONTARIO--(Marketwired - Jan. 31, 2017) - Darnley Bay Resources Limited (TSX VENTURE:DBL) ("Darnley Bay" or the "Company") is pleased to announce the Company has appointed Parviz Farsangi and Brian Jennings to the board of directors (the "Board") as independent directors.
Black Sea Copper & Gold Completes Field Program at Zlatusha; Identifies Additional Copper-Gold Targets
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 31, 2017) - Black Sea Copper & Gold Corp. (TSX VENTURE:BLS)(OTCQB:BLSSF) ("Black Sea" or the "Company") is pleased to announce the results of the fall 2016 exploration mapping and sampling program on the Zlatusha copper-gold property. The field program has refined and enhanced the existing targets and outlined multiple additional target areas. There are currently 7 copper-gold porphyry and epithermal targets on the Zlatusha license area.
Moly Mines Reports Quarter Highlights
TORONTO, ONTARIO--(Marketwired - Jan. 31, 2017) - Moly Mines Limited (ASX:MOL) ("Moly" or "the Company") reports the highlights of their Quarterly Activities Report and Quarterly Cashflow Report for the period ending December 31, 2016.
OK2 Minerals: Kinskuch and Pyramid Projects Both Return High-Grade Gold and Copper Grab Samples
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 30, 2017) - OK2 Minerals Ltd. (TSX VENTURE:OK) (the "Company") is pleased to announce the results from 16 rock samples collected during this season's exploration work at the newly acquired Kinskuch Copper-Gold Property located at the southern end of the Golden Triangle in Northern BC and 3 remaining grab samples from the East Zone at the Pyramid project in the northern end of the Golden Triangle.
Emmerson Resources Limited (ASX:ERM) Quarterly Activities Report
Emmerson Resources Limited (ASX:ERM) present the Quarterly Report for the Period Ending 31 December 2016 with the following hey highlights.
MacDonald Mines Closes Third Tranche of Non-Brokered Private Placement
TORONTO, ONTARIO--(Marketwired - Jan. 20, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", or the "Company"), announces that it has closed a third tranche of its private placement offering (the "Offering") originally announced on December 19, 2016, pursuant to which it has issued 5,050,000 non flow-through units of the Company (see below) for gross proceeds of $303,000. Total gross proceeds received to date from the Offering amount to $818,580.
Viscount Mining Reports Additional High Grade Silver Intersections of Drill Holes at its Silver Cliff Property in Colorado
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2017) - Viscount Mining Corp. (TSX VENTURE:VML)(OTCQB:VLMGF) ("Viscount" or "the Company"), is pleased to announce further drill results from the Silver Cliff property in the Hardscrabble Silver District of Custer County, Colorado (the "Property"). The 2016 drill program commenced in mid-November had as its primary objective the confirmation of information in reports on historical drilling on one of the Silver Cliff deposits known as the Kate Silver Resource (the "KSR") by twinning historic holes.
Globex Intersects New Gold Zone at Francoeur Mine
ROUYN-NORANDA, QUEBEC--(Marketwired - Jan. 18, 2017) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(STUTTGART:G1M)(BERLIN:G1M)(MUNICH:G1M)(XETRA:G1M)(OTCQX:GLBXF) is please to inform shareholders of the results of a drill hole on our Francoeur Gold Mine Property, 25 km west of Rouyn-Noranda, Quebec.
Potash Ridge Announces Updated 43-101 Prefeasibility Technical Report for Blawn Mountain
TORONTO, ONTARIO--(Marketwired - Jan. 18, 2017) - Potash Ridge Corporation ("Potash Ridge" or the "Corporation") (TSX:PRK) is pleased to announce completion of an independent 43-101 Technical Report (the "Technical Report") for the Corporation's Blawn Mountain Project in Utah ("Blawn Mountain"). This Technical Report was prepared by Millcreek Mining Group for Potash Ridge and summarizes an updated Prefeasibility Study performed on Blawn Mountain by Millcreek and Resource Development Inc. that focused on the mining and processing of alunite ore for the production of potassium sulphate. This report incorporates results of trade-off and scaling studies performed by SNC Lavalin for the processing facility.
I-Minerals' UltraHallopure Halloysite used in Development of Mineral Impregnated Wound Cloth by German Institute of Diabetes "Gerhardt Katsch" Karlsburg
VANCOUVER, BC--(Marketwired - January 18, 2017) - I-Minerals lnc. (TSX VENTURE: IMA) (OTCQB: IMAHF) (FRANKFURT: 61M) (the "Company") has been advised by German Institute of Diabetes "Gerhardt Katsch" Karlsburg ("IDK"), in cooperation with DURTEC GmbH of Neubrandenburg, Germany ("DURTEC"), that excellent Research and Development results have been achieved using the Company's Ultra Hallopure halloysite product in the development of a state of the art wound treatment cloth.
GMV Minerals Inc.'s Recent Land Expansion Encompasses Partially Drill-Tested Porphyry With District-Scale Significance
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 17, 2017) - GMV Minerals Inc. (the "Company" or "GMV") (TSX VENTURE:GMV) is pleased to announce that, after an extensive review of historical geophysics, drill data and recent fieldwork, it has filed to acquire numerous additional exploration permits which encompass a porphyry target adjoining the Mexican Hat deposit to the north. The porphyry forms part of an 800m by 1600m elliptical domain of consistent yet elevated magnetics and is open to the northwest. The target is surrounded by an up to 800m wide "noisy" zone of concentric magnetic highs and lows referred to as the Epithermal Zone. The broad Epithermal Zone encompasses the Hernandez Hill discovery. No other outcrop exposure exists north of the Hernandez Hill Zone.
Sama Graphite Begins Trading on the TSXV
MONTREAL, QUEBEC--(Marketwired - Jan. 16, 2017) - Sama Graphite Inc. (TSX VENTURE:SRG) ("SRG" or the "Company") is pleased to announce that effective at the open of market today, the Company's common shares began trading on the TSX Venture Exchange under the ticker symbol "SRG". The listing, following final approval from the TSXV, marks completion of the previously announced reverse take-over with Sama Resources Inc.
Research Reports Coverage on Basic Materials Stocks -- Alcoa, LSB Industries, Rayonier Advanced Materials, and Chemical & Mining Co. of Chile
NEW YORK, January 13, 2017 /PRNewswire/ --
IBC Issues Share-Based Compensation to Its Non-Executive Directors
FRANKLIN, INDIANA--(Marketwired - Jan. 13, 2017) - IBC Advanced Alloys Corp. (TSX VENTURE:IB)(OTCQB:IAALF) ("IBC" or the "Company") a leading beryllium and copper advanced alloys company, announced that it issued a total of 52,927 common shares at a price of $0.57 per share to its non-executive directors in consideration of their service as directors of the Company for the period from July 1 to September 30, 2016. The shares are subject to a hold period expiring April 22, 2017.
Norsk Hydro: LoI and MoU for possible use of natural gas at Hydro Alunorte in Brazil
Norwegian based aluminium company Hydro has signed a Letter of Intent (LoI) with the state of Pará and also a Memorandum of Understanding (MoU) with Shell Brasil Petróleo LTDA, with the aim to replace a major part of its current fuel oil consumption at the Alunorte alumina refinery in Brazil with more environmentally friendly natural gas. 

The LoI with the Para Government was signed in Belem, Brazil, yesterday evening, and witnessed by Hydro's CEO, Svein Richard Brandtzæg, and Governor of Pará, Simão Jatene.

The LoI aims to develop infrastructure and enable the use of natural gas in the region. Hydro Alunorte would be the first significant consumer of gas, and an enabler for establishing new LNG (Liquefied Natural Gas) infrastructure in Pará.  

Feasibility study to be conducted

Copper Lake Confirms Gold Mineralization at Billiton Main VMS Prospect on the Marshall Lake Project
TORONTO, ONTARIO--(Marketwired - Jan. 11, 2017) - Copper Lake Resources Ltd. (TSX VENTURE:CPL)(FRANKFURT:W0I) ("Copper Lake" or the "Company") is pleased to announce that the Company has completed a channel sampling, mapping, core assaying and prospecting program over the Billiton Main VMS prospect area within the Marshall Lake project area during the 2016 field program.
Osisko Signs Exploration Earn-In Agreement With Barrick on Kan Property
MONTREAL, QUEBEC--(Marketwired - Jan. 10, 2017) - Osisko Mining Inc. (TSX:OSK) ("Osisko") is pleased to announce that it has entered into a binding agreement with Barrick Gold Corporation (TSX:ABX) ("Barrick"), which sets forth the terms of an exploration earn-in (the "Exploration Earn-In") on the Kan Property ("Kan" or the "Property") located in northern Québec. Under the Exploration Earn-In, Barrick must commit $15 million in work expenditures over a four-year period to earn a 70% interest on Kan, subject to certain annual work expenditure thresholds, including a guaranteed expenditure threshold of $6 million in the first two years.
MacDonald Mines Begins Exploration at its Charlevoix Silica Property
TORONTO, ONTARIO--(Marketwired - Jan. 5, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", "MacDonald" or the "Company") announces that it has mobilized personnel and equipment and has initiated an exploration program at its Charlevoix Silica Property located approximately 42 kilometres north of Baie-Saint-Paul, on the north shore of the Saint Lawrence River, in the Province of Quebec.
Metals & Minerals Stocks under Scanner -- BHP Billiton, Turquoise Hill Resources, US Silica, and Pretium Resources
NEW YORK, January 4, 2017 /PRNewswire/ --
MGX Minerals Extracts Lithium from Oil Wastewater
VANCOUVER, Jan. 3, 2017 /CNW/ - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to report the Company has successfully extracted lithium from heavy oil wastewater. Results are part of the ongoing optimization for completion and deployment of a pilot plant in support of its 487,000 hectare Alberta lithium project.
Orbite Files Preliminary Base Shelf Prospectus
MONTREAL, QUEBEC--(Marketwired - Dec. 28, 2016) - Orbite Technologies Inc. (TSX:ORT) (OTCQX:EORBF) ("Orbite" or the "Company") announced the filing of a preliminary short form base shelf prospectus (the "Prospectus") with the securities regulatory authorities in each of the provinces of Canada.
Metals and Minerals Stocks Under Review -- Vale, Cliffs Natural Resources, Tahoe Resources, and Cloud Peak Energy
NEW YORK, December 27, 2016 /PRNewswire/ --
Canadian Metals Announces Flow-Through Financing of up to $250,000
The corporation intends to complete the offering on or before december 31, 2016 and is subject to the approval of the Canadian Securities Exchange. The securities issued pursuant to the Offering will be subject to a 4 month and 1 day hold period.
Rogue Signs Two Non-Binding Letters of Intent and Announces Private Placement of up to $330,000, Closes $180,000 First Tranche
TORONTO, ON--(Marketwired - December 22, 2016) -
Dundee Precious Metals Announces New High Grade Copper-Gold Zone Discovered at Chelopech Mine
TORONTO, ONTARIO--(Marketwired - Dec. 20, 2016) -
Precipitate Provides Drilling and Exploration Update From Juan de Herrera Project, Dominican Republic
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 20, 2016) - Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is pleased to provide an update on exploration and drilling programs underway at its 100% owned Juan de Herrera project in the Dominican Republic.
MacDonald Mines Announces $1,000,000 Non-Brokered Private Placement Financing
TORONTO, ONTARIO--(Marketwired - Dec. 19, 2016) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", "MacDonald" or the "Company") is pleased to announce that it intends to offer for sale, on a non-brokered private placement basis, up to 12,125,000 "flow-through" units of the Company (the "FT Units") at a price of $0.07 per FT Unit and up to 2,520,833 non-flow-through units of the Company (the "Non-FT Units") at a price of $0.06 per Non-FT Unit for aggregate gross proceeds of up to $1,000,000 (the "Offering"). Each FT Unit will be comprised of one common share in the capital of the Company (each, a "Common Share") issued on a "flow-through" basis within the meaning of such term in the Income Tax Act (Canada), and one half (1/2) Common Share purchase warrant (each, a "FT Unit Warrant"), with each FT Unit Warrant being exercisable to acquire one non-flow-through Common Share at a price of $0.10 for a period of 36 months following the closing date of the Offering. Each Non-FT Unit will be comprised of one Common Share (issued on a non-"flow-through" basis) and one Common Share purchase warrant (each, a "Non-FT Warrant") with each Non-FT Warrant being exercisable to acquire one Common Share at a price of $0.10 for a period of 36 months following the closing date of the Offering.
Norsk Hydro: Hydro acquires Vale's remaining shares in Paragominas
Hydro completed the acquisition of Vale's remaining shareholding in Mineração Paragominas S.A. (MPSA) on 15 December 2016. The transaction is the second and final step of the MPSA put/call arrangements agreed in 2011 in connection with Hydro's acquisition of the majority of Vale's aluminium assets in Brazil. Hydro now owns 100% of MPSA's shares.

Hydro's net payment, after adjustments resulting from the completion of outstanding contractual arrangements with Vale, was USD 113 million. Hydro expects the transaction to have a positive impact for Bauxite & Alumina of approximately USD 45 million on its result in the fourth quarter of 2016, of which USD 30 million will be excluded from underlying earnings.

Investor contact

Experts Corner
Orbite Set to Revolutionize Aliminum Industry
Orbite V.S.P.A. inc. (Exploration) (TSX.V: ORT.A, NASDAQ.PK:EORBF, Frankfurt: 3XO)Orbite (pronounced “OR-beet”), besides having one of the clunkiest names and most arcane (and subsequently,hard to find) stock symbols (its a throwback from the old Montreal exchange), is the pubco gift that keeps on giving.
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Critical Raw Materials
by Richard (Rick) Mills / Ahead of the herd
A critical or strategic material is a commodity whose lack of availability during a national emergency would seriously affect the economic, industrial, and defensive capability of a country.
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Worldwide Depression - Think Again!
by Ken Reser
World-wide depression? Maybe for those over-leveraged in the auto industry, housing, and other fixed assets with huge debt loads but definitely not for those involved in world-wide industrial projects from what I read & see happening.
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