Mining Articles

New Internship Program Creating More Jobs for Indigenous, Skilled Workers

March5, 20199:15 A.M. / Ministry of Energy, Northern Development and Mines

Ontario's Government for the people is delivering on its commitment to create more opportunities for Indigenous people and address the skilled labour shortage across the North by making the Northern Ontario Internship Program more accessible.Today, Greg Rickford, Minister of Energy, Northern Development and Mines and Minister of Indigenous Affairs, announced the government is launching a new North...Read More

Condor Gold seeks growing Nicaragua project with two feeder pits

Mar. 5, 2019, 8:20 AM / Cecilia Jamasmie

Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More

Millennial Lithium's project center in Argentina goes solar

Mar. 5, 2019, 7:09 AM / MINING.com Staff

Millennial Lithium (TSXV: ML) announced that its Pastos Grandes Salar lithium brine project in Argentina is now home to a solar-powered permanent project center, which includes a 60-100 person camp with dorms and other facilities, an on-site laboratory, and a process pilot plant under construction.In a media statement, the Vancouver-based miner highlighted that a state-of-the-art hybrid solar powe...Read More

Newmont rejects Barrick Gold's 'negative premium' buyout bid

Tue Mar 05 04:17:03 2019 / Staff reporter

Newmont Mining Corp. said Monday its board of directors have unanimously rejected Barrick Gold Corp.'s hostile buyout bid, saying theRead full newsRead More

Insights: Among the miners, gold stocks shine the brightest

Tue, 05/03/2019 3:01 am / INK Staff

We have published the latest edition of Canadian Insider Insights. This week, we draw on our Market INK report commentary to explain why we see gold shining the brightest among mining stocks.Gold insiders are behaving like a bull market is onClick here to read the issue for the week of March 4th (registration is not required). Read More

5 Top Weekly TSX Stocks: Palladium Leads the Way

Tue Mar 05 01:50:01 2019 / Staff reporter

On the TSX last week, North American Palladium, Xanadu Mines, Copper Mountain Mining, eCobalt Solutions and Excelsior Mining all made the cut.Read full newsRead More

$STX - Seagate Technology PLC (STX) CEO Dave Mosley Presents at Morgan Stanley Technology, Media & Telecom Conferen...

Tue Mar 05 01:36:08 2019 / Staff reporter

"$STX - Seagate Technology PLC (STX) CEO Dave Mosley Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript) https://t.co/QGMMw4s1iS"Read full newsRead More

Newmont rejects Barrick Gold's 'negative premium' buyout bid

Tue Mar 05 00:58:05 2019 / Staff reporter

Newmont Mining Corp. said Monday its board of directors have unanimously rejected Barrick Gold Corp.'s hostile buyout bid, saying theRead full newsRead More

Gold Is Historically Cheap To The Stock Market

Tue Mar 05 00:58:03 2019 / Staff reporter

Commodities Analysis by David I. Kranzler covering: XAU/USD, US Dollar Index Futures, Gold Futures. Read David I. Kranzler's latest article on Investing.comRead full newsRead More

It Begins: #China's Largest Property Developer Will Sell All Homes At A 10% Discount | Zero Hedge

Tue Mar 05 00:22:15 2019 / Staff reporter

Hui Ka Yan, Chairman of Evergrande, China's biggest property developer, announced it would sell all its properties at a 10% discount after its home sales tumbled in January amid a cooling market.Read full newsRead More

Former Cornerstone Capital Resources Executive Glen McKay on Future of Cascabel Project

Mar5, 2019 / MiningFeeds.com

The battle for Cornerstone Capital Resources Inc. (TSXV-CGP, OTC-CTNXF) is heating up following a preliminary takeover bid from joint venture partner SolGold. However, Cornerstone is likely to reject the overture, based on its latest press release on the matter and on comments by Glen McKay, a co-founder and former president and CEO of the junior mining exploration company.Cornerstone has a joint...Read More

Chart Attack: The Gold Price Correction: Key Tactics

Mar5, 2019 / MiningFeeds.com

Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video Analysis I'm quite excited about the pullback in gold because the fundamentals are getting better and the technical action is healthy.SF60 Key Charts, Signals, & Video Analysis Kirkland is a leader in the gold stock sector and it's now in one of the important Investor's Business Daily growth stock...Read More

MMT (Modern Monetary Theory) Thoroughly Disemboweled

March 5, 2019 / admin

The best I can figure is that some very liberal, trust-fund Phd Sociologist professors at Bennington hooked with a group of radical Public Policy students from Harvard somewhere in a cabin in Vermont and did a group analysis of John Maynard Keynes' "The General Theory of Employment, Interest and Money" after ingesting copious quantities of LSD. From out of that drug-addled assemblage, MMT sprung t...Read More

Brazil exchange yet to react to Vale moves

05 March 2019 / Staff reporter

Vale's New York-listed shares closed up 0.24% yesterday, however, but were 1.6% lower after hours.Authorities had pushed for certain Vale dismissals on Friday. More than 300 people are dead or still missing since Vale's Feijão dam burst on January 26.Meanwhile, the benchmark S&P/ASX200 was lower this afternoon after global market indices were mixed yesterday.The gold price has tumbled b...Read More

De Beers rough sales slip on subdued demand

05 March 2019 / Staff reporter

The provisional value from global sightholder and auction sales was down from $500 million in the first cycle of the year and also lower than the second cycle of 2018's $563 million.It was also the lowest value since the ninth cycle of 2018 when $442 million worth of rough stones were sold.CEO Bruce Cleaver said while overall demand for lower value rough diamonds had remained subdued, the company...Read More

Barrick, Newmont CEOs to discuss joint venture

March 5, 2019 / Resource World

The Zaldivar copper mine in Chile. Source: Barrick Gold Corp.After a week of verbal sparring over a proposed merger, the ceos of Barrick Gold Corp. [ABX-TSX, NYSE] and Newmont Mining Corp. [NEM-NYSE]were set to meet in New York late Tuesday. Newmont CEO Gary Goldberg told Bloomberg News that he won't be discussing Barrick's bid for his company, but rather Newmont's proposal for a joint venture aro...Read More

Newrange Gold targets resources estimate in 2019

March 5, 2019 / Resource World

Drilling operations at Newrange Gold's Pamlico Project in western Nevada. Source: Newrange Gold Corp.Newrange Gold Corp. [NRG-TSXV] Chairman Bob Carrington said Monday the company hopes to announce a resource estimate this year for its flagship Pamlico gold project in Nevada. Carrington spoke to Resource World Magazine while attending the Prospectors and Developers Association of Canada (PDAC...Read More

Is it Time to Short Tesla (NASDAQ: TSLA) ... Again?

March5, 2019 / Jeff Siegel

Tesla bears, shorts, and haters are peculiar types.Like cowardly cockroaches, they tend to stay hidden, only coming out to feast when its convenient.When Tesla first went public in 2010, I was warned not to buy the stock."Electric cars are a joke," they said."Elon Musk is a scam artist," they screamed.""Short the shit of this thing," they bellowed into the wind.But I ignored them, and in defiance...Read More

The Seer Sees a Natural Gas Boom

March5, 2019 / Christian DeHaemer

Croesus was the king of Lydia in what is today's Turkey. He was the first sovereign to mint gold coins and spawned the saying: "As rich as Croesus."In 560 BC, he asked the Oracle of Delphi if he should make war on his rivals, the Persians.The Oracle replied that if Croesus made war on the Persians, he would destroy a mighty empire. With this seemingly positive prophesy, Croesus aligned with Sparta...Read More

Space resources program featured on Bloomberg's TicToc

Mar 05 2019 / News room

The space resources program at Colorado School of Mines - the first graduate degree program of its kind - was recently featured on Bloomberg's 24-hour global social media news network, TicToc.Angel Abbud-Madrid, director of the Center for Space Resources at Mines, and PhD student Liz Scott discussed the groundbreaking program with TicToc reporters in the center's lab.Watch the full segment below...Read More

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