Mining Articles

Gold prices hold at 10-month highs; markets await Fed minutes

Thu Feb 21 03:36:02 2019 / Staff reporter

Palladium prices broke above $1,500 for the first time on Wednesday due to a pro...Read full newsRead More

Hecla Reports Fourth Quarter and Full Year 2018 Results

2019-02-21 03:00 / Staff reporter

Record gold production; Record reserves for gold, silver, and leadCompany Website: http://www.hecla-mining.comCOEUR D'ALENE, Idaho -- (Business Wire)Hecla Mining Company (NYSE:HL) today announced fourth quarter and full year 2018 financial and operating results.YEAR-END HIGHLIGHTSSilver production of 10.4 million ounces and record gold production of 262,103 ounces.Silver equivalent production of 4...Read More

Lundin Gold to step up exploration in Ecuador after securing $30m in financing

Feb. 21, 2019, 2:08 AM / Cecilia Jamasmie

Canada's Lundin Gold (TSX:LUG), the company that plans to kick off production at its Fruta del Norte gold project in Ecuador later this year, will boost exploration in the country thanks to C$40.5 million (about $30.8m) in financing secured this week.A syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, has agreed on a bought deal basis to buy 7.5 million shares at $5.40...Read More

Venzee and Riversand Partner to Simplify Content Distribution for Retail Trade

February 21, 2019 02:01:59 / Staff reporter

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), an advanced platform for the automated distribution of omnichannel product information, and Riversand, a cloud-native Master Data Management (MDM) and Product Information Management (PIM) provider, announced today the formation of a strategic partnership enabling brands to instantly and efficiently communicate...Read More

$PM - Philip Morris International Inc. (PM) Presents at the Consumer Analyst Group of New York (CAGNY) Conference (...

Thu Feb 21 00:26:13 2019 / Staff reporter

"$PM - Philip Morris International Inc. (PM) Presents at the Consumer Analyst Group of New York (CAGNY) Conference (Transcript) https://t.co/AhHo2RxcoV"Read full newsRead More

Gold prices hold at 10-month highs; markets await Fed minutes

Thu Feb 21 00:21:35 2019 / Staff reporter

Palladium prices broke above $1,500 for the first time on Wednesday due to a pro...Read full newsRead More

Bull Flag Breakout for Gold Stocks

Feb 21, 2019 / Stewart Thomson

As U.S. markets re-open after the holiday, the world's "queen of assets" continues her glorious ascent to higher prices. Please click here now. Double-click to enlarge this magnificent short term gold chart.The rise above $1332 ushers in my new short-term target: $1355!Please click here now. Gold is well on its way to becoming a mainstream asset like stocks and bonds.The reason for that is the "...Read More

Is This Beaten-Down Gold Miner a Worthwhile Investment?

February 21, 2019 / Matt Smith

Intermediate gold miner New Gold (TSX:NGD)(NYSE:NGD) has been roughly handled by the market, losing 64% over the last year, despite gold losing a mere 1%. Much of this can be blamed on management revising production forecasts downwards and a raft of issues impacting operations at New Gold's Rainy River mine. While there are concerns over New Gold's ability to unlock value, there was a significant...Read More

Is This Beaten-Down Lithium Growth Stock a Buy After Last Week's 46% Drop?

February 21, 2019 / Brian Paradza

One of North America's most advanced lithium mining-development-stage plays, Nemaska Lithium (TSX:NMX) is heavily beaten down right now after a precipitous share price drop on February 13. Could this be the best entry point for contrarian investors, who have always harboured some affection for the stock?Why the scary plunge? On February 13, Nemaska Lithium stock plunged by as much as 46% in a day...Read More

Lundin plans Ecuador exploration spend

21 February 2019 / Staff reporter

It said a syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, had agreed on a bought deal basis to buy 7.5 million shares at $5.40 each.Read More

Wallbridge drills new gold zone in Quebec

February 21, 2019 / Resource World

Visible gold in diamond drill core from Wallbridge's Fenelon gold project in Quebec. Source: Wallbridge Mining Co. Ltd.Wallbridge Mining Co. Ltd. [WM-TSX; WC7-FWB] shares were active again Thursday February 21 after the company said drilling has identified a new gold zone at its 100%-owned Fenelon Gold property in Quebec."The new zone intersected in hole FA-18-051 is located several hundred metres...Read More

Investing in Undervalued Pot Stocks

February 21, 2019 / Jeff Siegel

It's an incredibly unloved stock.Perhaps that's why I like it so much.Supreme Cannabis (TSX: FIRE)(OTCBB: SPRWF), a Canadian cannabis player, announced earnings last week and absolutely crushed it.The company narrowed losses, improved margins, and boasted a revenue increase of 359%.But investors yawned. Or rather, they were preoccupied with two other cannabis companies that were also announcing ea...Read More

Bluestone Resources Inc. (TSXV: BSR, OTCQB: BBSRF): Feasibility Study, Quick Pay Back, Production to be 146,000 Ounces per Year; Interview with Darren Klinck, President & CEO

21/2/2019 / Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA

Bluestone Resources Inc. (TSXV:BSR, OTCQB:BBSRF) is a mineral exploration and development company that is focused on advancing its 100%-owned Cerro Blanco Gold and Mita Geothermal projects, located in Guatemala. A Feasibility Study on Cerro Blanco returned robust economics, with a quick pay back and an average annual production projected to be 146,000 ounces per year, over the first three years of...Read More

Update: Black Iron, Glencore discuss Shymanivske offtake

February 21, 2019 / Posted Trish Saywell

Black Iron (TSX: BKI; US-OTC: BKIRF) and Glencore (LON: GLEN) are in talks to finance construction of the junior's Shymanivske iron ore project in Ukraine and have signed a non-binding memorandum of understanding to begin formal negotiations on the financing-offtake package."They've had their eye on this project for a while and a number of things are quickly coming together such that Glencore beli...Read More

Barsele updates resource on Agnico JV in Sweden

February 21, 2019 / Posted Northern Miner Staff

Barsele Minerals (TSXV: BME; US-OTC: BRSLF) has tabled an updated resource estimate for its Barsele gold project in northern Sweden totaling 5.5 million indicated tonnes grading 1.81 grams gold per tonne for 324,000 oz. gold and 25.4 million inferred tonnes at 2.54 grams gold for 2.08 million oz. gold.The resource is split between pit constrained, bulk underground and selective underground mining...Read More

Teranga Gold completes initial resource on Golden Hill

February 21, 2019 / Posted Northern Miner Staff

After 18 months of drilling at its Golden Hill exploration project in southwestern Burkina Faso, Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has completed a maiden resource estimate.The plan is to build on the resource and advance the project through a preliminary economic assessment and into the feasibility stage of development.Golden Hill contains 415,000 ounces of gold in 6.40 million indicated tonn...Read More

Sibanye-Stillwater AMCU strike spreads to Lonmin

21 February 2019 / Staff reporter

Lonmin said it had received a written notice of secondary strike action from AMCU in support of the industrial action at Sibanye-Stillwater's gold operations.Read More

The New (Legal) Cannabis Cartel

February 21, 2019 / Jimmy Mengel

I spent the bulk of the last month in two countries that have been ravaged by drugs and violence for decades.Both have borne witness to gang wars that have killed more people than the populations of some large U.S. cities. They've witnessed crimes so brutal that you wouldn't believe it if you read them in a horror novel. The citizens have lived through government corruption that makes the United S...Read More

A Message from Wheaton's President & CEO

Feb 21, 2019 / Wheaton Precious Metals

Randy Smallwood, President & CEO of Wheaton Precious Metals, discusses 2018 accomplishments and delivering value back to ...Read More

$UAL - United Continental Holdings' (UAL) Management Presents at Barclays Industrial Select Conference 2019 - Trans...

Wed Feb 20 23:04:08 2019 / Staff reporter

"$UAL - United Continental Holdings' (UAL) Management Presents at Barclays Industrial Select Conference 2019 - Transcript https://t.co/awf9j82Jrz"Read full newsRead More

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