Mining Articles

Macarthur Minerals Private Placement Up to $350,000

Fri Feb 22 16:40:23 2019 / Staff reporter

Macarthur Minerals Limited (TSXV:MMS, OTC:MMSDF) (the "Company" or "Macarthur Minerals") is pleased to announce a non-brokered private placement (the "Offering") of up to 8,750,000 Units (each, a "Unit") at a price of CAD$0.04 per Unit for a total consideration of CAD$350,000.Read full newsRead More

$IMR IMetal has some been making noise in Ontario's Gold/silver Region! Can't you hear it?...

Fri Feb 22 15:50:15 2019 / Staff reporter

"$IMR IMetal has some been making noise in Ontario's Gold/silver Region! Can't you hear it? https://t.co/lb7QobIXgX https://t.co/mqlsqoJ4QT https://t.co/Okat9baEAg $IMR #IMR@iMetalResources #Gold #Silver#Copper#Cobalt #momentumstocks#smallcap#hotstocks #Gowganda#PDAC2019"Read full newsRead More

Short bets jumped against Khiron Life Sciences right before stock soared

Fri, 22/02/2019 2:41 pm / Ted Dixon

According to the latest IIROC report, short bets against Khiron Life Sciences (Sunny; KHRN) soared by a whopping 3,076,474 shares in the period between February 1st and 15th. That was right before the stock charged up to its all-time high of $4.33 (CXC trading - click here for latest real-time quote) set earlier today.Click here for KHRN INK company page (INK subscription required)While the recen...Read More

The Efficient High-Grade Cobalt Mining Player -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps...

Fri Feb 22 14:27:02 2019 / Canada Cobalt Works

"The Efficient High-Grade Cobalt Mining Player -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals --Watch the Video here:https://t.co/BdpqNLKlL7"Read full newsRead More

Canada Cobalt Works Inc. (TSXV:CCW) is one of the only companies with battery-grade cobalt sulfate, says CEO Frank...

Fri Feb 22 14:23:56 2019 / Staff reporter

"Canada Cobalt Works Inc. (TSXV:CCW) is one of the only companies with battery-grade cobalt sulfate, says CEO Frank Basa --#CCW $CCW @canadacobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #battery #Momentumstocks--Watch the Video here: https://t.co/h4BqIGxq67"Read full newsRead More

Fremont Discovers Gold-in-Soil Anomalies at Roberts Creek, Nevada; Exploration Update @Fremont_Gold...

Fri Feb 22 13:49:31 2019 / Fremont Gold

"Fremont Discovers Gold-in-Soil Anomalies at Roberts Creek, Nevada; Exploration Update @Fremont_Gold https://t.co/GgsogK2Mfj"Read full newsRead More

Ontario Supporting Northern Film and Television Industry

February 22, 2019 12:49 P.M. / Ministry of Energy, Northern Development and Mines

Ontario's Government working for the people is supporting Northern Ontario's film and television industry by investing more than $1.3 million in infrastructure to support film production in North Bay and two additional film projects centred in North Bay and Sudbury.Vic Fedeli, MPP for Nipissing, made the announcement today at Canadore College's post-production facility. The investments include: $...Read More

Peru community blocks road for copper transport by Chinese miner MMG

Feb. 22, 2019, 12:36 PM / Reuters

An indigenous community in Peru has blocked Chinese miner MMG Ltd from using a road to transport copper from its massive Las Bambas mine to a port for shipment for the past 10 days, a lawyer representing the community said Friday.The community of Nueva Fuerabamba says the government illegally turned the road, which runs through its farmland, into a national highway, and wants to reach a deal with...Read More

Gold's distracted lovers need to go cool off

Feb. 22, 2019, 12:32 PM / Bloomberg News

The world's gold miners have spent years avoiding each others' gazes like nervous teenagers. Now all of a sudden they're acting like the thrill has gone.It hasn't even been two months since Barrick Gold Corp. and Randgold Resources Ltd. announced that their merger was "consummated," and already Executive Chairman John Thornton appears to be checking out an old flame. Like most odd couples, they co...Read More

Telson samples up to 13.69 g/t AuEq at Tahuehueto

2019-02-22 12:04 / Mr. Glen Sandwell reports

Mr. Glen Sandwell reportsTAHUEHUETO UNDERGROUND DEVELOPMENT EXPOSES NEW MINERALIZATION ALONG PERDIDO STRUCTURETelson Mining Corp. has provided a development update and significant assay results from underground development at its Tahuehueto mine development and construction project, Durango state, Mexico.HighlightsTahuehueto underground development along the major mineralized structure, El Perdido...Read More

India, Singapore buyers cash in on slight price correction

Feb. 22, 2019, 11:54 AM / Reuters

* China, Hong-Kong markets quiet* Yen-denominated gold hits over 1-year peak* India discounts narrow to $1 from $6 earlier this week* India's gold marketPhysical gold demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore.In Japan, the metal was sold at a discount of about 75 cents to the gl...Read More

What's Up With Australia's 80 Tonnes Of #Gold At The Bank Of England? | Zero Hedge

Fri Feb 22 11:38:12 2019 / Staff reporter

BullionStar was recently asked to comment on the Reserve Bank of Australia's gold reserves supposedly stored at the Bank of England's gold vaults in London. This Q & A is a summary of the discussion.Read full newsRead More

Copper price surges as stocks hit 12-year lows

Feb. 22, 2019, 10:45 AM / Frik Els

The price of copper surged nearly 3% on Friday after stocks held in global warehouses operated by the LME fell to the lowest since 2005.Copper for delivery in March hit $2.9535 per pound ($6,510 a tonne) by midday on the Comex market, the highest level since the start of July last year. The price spiked in heavy volumes with nearly 1.5m tonnes worth $9.5 billion traded by lunchtime in New York.Glo...Read More

Written-down gold producers can win under inflation

Fri, 22/02/2019 10:30 am / Ted Dixon

In the last segment of his latest Discovery Watch (February 20th), John Kaiser from Kaiser Research Online explains that, in contrast to junior miners who stand to benefit in a non-inflationary environment when the real price of gold is rising, some existing producers could win if the nominal price of gold is rising along with inflation.Cheechoo project neighbourhood (click for larger)The discuss...Read More

Strange days for coal with Glencore's cap, China curbs

Feb. 22, 2019, 10:28 AM / Reuters

It's been weird in the coal world in recent days, with the world's largest shipper saying it's capping output, biggest seaborne buyer China putting restrictions on some imports, and an Australian court saying mines must factor in climate change.Throw in an executive at a major Indian coal-fired power generator saying his company won't build any new plants as coal can't compete with renewables, and...Read More

Golden Star boosts Father Brown inferred resource 93%

Feb. 22, 2019, 10:18 AM / Northern Miner Staff

Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per tonne for 474,743 oz. gold. It also updated the project's indicated resource, which now totals 981,465 tonnes at 7.5 grams gold for 237,897 oz. gold.Father Brown consists of the Father Brown and Adoikrom pits, which the company...Read More

Golden Star boosts Father Brown inferred resource 93%

Feb. 22, 2019, 10:18 AM / Northern Miner Staff

Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per tonne for 474,743 oz. gold. It also updated the project's indicated resource, which now totals 981,465 tonnes at 7.5 grams gold for 237,897 oz. gold.Father Brown consists of the Father Brown and Adoikrom pits, which the company...Read More

South Africa mining strike to spread to at least 15 firms - Minerals Council

Feb. 22, 2019, 10:07 AM / Reuters

At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals Council South Africa said on Friday.The Association of Mineworkers and Construction Union (AMCU) has been on strike at Sibanye's bullion operations since mid-November and plans to extend the strike to its plati...Read More

Death toll from South African mine blast rises to 18 as 13 bodies recovered

Feb. 22, 2019, 9:34 AM / Reuters

Rescuers have retrieved another 13 bodies from a disused South African coal mine following a gas blast there around two weeks ago, police said on Friday, raising the confirmed death toll to 18.More than 20 people were trapped underground in early February when a gas pipe exploded after they entered the mine to steal copper wire that supplies power for lighting and ventilation.Rescuers had to abort...Read More

Nighthawk finds more high-grade gold showings at Indin Lake project in NWT

Feb. 22, 2019, 9:29 AM / Northern Miner Staff

Regional exploration last year on its Indin Lake property, 200 km north of Yellowknife in the Northwest Territories turned up high-grade gold in grab samples taken in three different areas including 174.50 grams gold per tonne at Fishhook, the southernmost project on its 899-sq-km land package, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) reports.Fishhook consists of several historical gold showings s...Read More

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