Mining Articles

Crescita Therapeutics Inc.?,,? and Tetra Natural Health Collaborate to Enhance Transdermal Delivery of Beta-Caryophyll...

Mon Feb 04 14:08:44 2019 / Staff reporter

"Crescita Therapeutics Inc.?,,? and Tetra Natural Health Collaborate to Enhance Transdermal Delivery of Beta-Caryophyllene in Tetra's Dermatology Product Portfolio --#momentumstocks #MedicalMarijuana #Cannabinoid @TetraBioPharma Read the News Release here: https://t.co/14IBoVsUcA"Read full newsRead More

Lithium price: Spodumene is getting crushed

Feb. 4, 2019, 1:51 PM / Frik Els

Background image: Talison LithiumAs expansion programs at South American brine operations slow down, the bulk of new lithium capacity is coming from hard rock mines.While demand growth continues to accelerate the supply response has been dramatic. Last year saw four new spodumene operations enter the market and while concentrate (6% free on board Australia) traded either side of $900 a tonne for...Read More

Lithium price: Spodumene is getting crushed

Feb. 4, 2019, 1:51 PM / Frik Els

Background image: Talison LithiumAs expansion programs at South American brine operations slow down, the bulk of new lithium capacity is coming from hard rock mines.While demand growth continues to accelerate the supply response has been dramatic. Last year saw four new spodumene operations enter the market and while concentrate (6% free on board Australia) traded either side of $900 a tonne for...Read More

Port yanks permit for coal terminal

Feb. 4, 2019, 1:41 PM / Business In Vancouver - Nelson Bennett

A $15 million thermal coal export terminal planned for Fraser Surrey Docks has had its permit cancelled by the Port of Vancouver."This is a win for the climate and a testament to what can be achieved when community members stand up and say no to dirty U.S. coal," Fraser Thomson, a lawyer with Ecojustice, said in a news release. The Fraser Surrey Docks coal project would have a capacity of shipping...Read More

Video shows exact moment when Vale's dam collapsed

Feb. 4, 2019, 1:25 PM / MINING.com Staff

What looks like a quiet field in a tropical landscape soon becomes a disaster area. A video made public by Brazilian television shows the exact moment when a dam at Vale's (NYSE:VALE) C??rrego do Feij??o mining complex burst and covered with mud neighbouring buildings in Brumadinho.The accident, which took place on January 25, killed over 100 people and forced dozens out of their homes. Rescue tea...Read More

OceanaGold reports 2019 guidance and exploration budget

Feb. 4, 2019, 12:43 PM / Northern Miner Staff

OceanaGold Corp. (TSX: OGC; ASX: OGC) says its mines in the Philippines, New Zealand and the U.S. will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year at all-in sustaining costs ranging from US$850 and US$900 per oz. gold sold.In 2018 the company produced 533,300 ounces of gold and 15,000 tonnes of copper at AISCs of US$767 per oz. At H...Read More

Firestone Diamonds output down on technical issue at Lesotho mine

Feb. 4, 2019, 10:52 AM / Cecilia Jamasmie

Africa-focused Firestone Diamonds (LON:FDI) didn't exactly have a bright year in 2018, with its shares down almost 70% to date, and the situation likely to get worse after it reported Monday that production had dropped 13% in the second quarter of its financial year.The company's Liqhobong diamond mine in Lesotho treated 884,252 tonnes of ore in the three months to the end of December 2018 at an...Read More

Africa Mining Indaba: Dam safety, Zambia taxes, Ford on cobalt

Feb. 4, 2019, 9:39 AM / Bloomberg News

Executives, investors and government officials met in Cape Town at the African Mining Indaba, the continent's biggest gathering of one of its most essential industries.Key developments:Tailings dams in focus. All the big miners spoke about wanting to ensure the safety of their dams after the Vale's disaster in Brazil. Anglo American gave a surprising prediction that it wants to reach a point where...Read More

Rio's BC Works smelter ASI certified

Feb. 4, 2019, 8:04 AM / Canadian Mining Journal Staff

Rio Tinto's BC Works aluminum smelter and Kemano power operations have been certified by the Aluminium Stewardship Initiative (ASI). This is the highest internationally recognized standard for environmental, social and governance practices.All of Rio Tinto's aluminum operations in Canada are now ASI certified. That makes the company the only one that sells ASI certified aluminum through a chain of...Read More

Lithium Energy Products wants to buy fluorite operation in Utah

Feb. 4, 2019, 7:12 AM / MINING.com Staff

Vancouver-based Lithium Energy Products (TSX-V: LEP) announced that it entered into a Binding Letter of Intention with American Strategic Minerals to acquire 100% of its assets, including the Lost Sheep fluorite mine in Juab County, Utah.In a press release, LEP explained that this arm's length acquisition will include 51 claims of US federal land, and 640 acres of State land, covering a total land...Read More

Vale forced to halt operations at Brucutu, largest mine in Minas Gerais

Feb. 4, 2019, 6:50 AM / Cecilia Jamasmie

A Brazilian court has ordered mining giant Vale (NYSE:VALE) to halt operations at its Brucutu iron ore mine, the largest in Minas Gerais state, following last month's tailings dam disaster at Brumadinho, which left at least 134 dead.The veredict, quoted by O Globo, one of the most respected Brazilian publications, includes an injunction that bans Vale from storing tailings in the Laranjeiras dam...Read More

Barrick, Reunion Gold to jointly go after key assets in South America

Feb. 4, 2019, 6:00 AM / Cecilia Jamasmie

Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's top bullion producer by volume has entered into a 50-50 strategic alliance with fellow junior miner Reunion Gold (TSX-V:RGD), to jointly explore for and develop projects on South America's North Atlantic coast.The deal allows Barrick to tighten its grip on four of the Guyana-based projects Reunion already owns - Waiamu, Aremu, Arawini and O...Read More

Vedanta says Anglo American stake buy meets Gov't criteria

Feb. 4, 2019, 3:16 AM / Cecilia Jamasmie

Vedanta, the London-listed natural resources company controlled by one of India's richest men, said Monday its foreign subsidiary Cairn India Holdings' $200 million investment in Anglo American (LON:AAL) met all governance requirements.The company, India's largest miner and No. 1 iron ore exporter, said the deal was made on an arms-length basis in December 2018, adding it provided "significantly h...Read More

Mining Stocks, Gold And Silver Face Critical Breakout Level

Mon Feb 04 02:46:32 2019 / Staff reporter

Stocks Analysis by Chris Kimble covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Chris Kimble's latest article on Investing.comRead full newsRead More

INK Canadian Insider Index rallies 1.9% to new 5-week high

Mon, 04/02/2019 2:02 am / Nicholas Winton

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index began with some heaviness, slipping to the low 1070s where it held above its middle Bollinger band. From there, the INK CIN bounded straight up and through 1100 resistance and came to rest at 1120.75 for a gain of 23.3 points or 1.9%, The Index ha...Read More

Silver Outperforms Gold

Feb4, 2019 / Adam Hamilton

Silver recently started outperforming gold again, a watershed event. For long years this white metal has mostly lagged the yellow one, relentlessly battering silver sentiment. But gold surging into year-end 2018 finally sparked some life into moribund silver. This is a bullish sign, as silver has soared in the past once rising prices reach critical mass in attracting new investment capital....Read More

Base metal trades dwindle ahead of Lunar celebrations

04 February 2019 / Staff reporter

Zinc rose more than 2% to around a six-month high of US$2,777 a tonne while copper closed slightly lower. Strong jobs data out of the US on Friday helped ease market jitters, although China's Caixin purchasing managers' index fell slightly in January.Key global market indices had closed higher on Friday and the S&P/ASX200 was following suit in midday trade today.New graphite producer Syrah Res...Read More

Is it Time to Buy European Cannabis Stocks?

February4, 2019 / Jeff Siegel

While US and Canadian cannabis stocks continue to crush it, a lesser-known cannabis market that could ultimately end up being the largest in the world, isn't getting much attention.According to Prohibition Partners, Europe's cannabis market is estimated to be worth as much as $140 billion by 2028, likely becoming the world's largest legal market over the next five years.Here are some highlights fr...Read More

Andr?(C)e St-Germain, Jose Vizquerra named 'Young Mining Professionals of the Year'

February 4, 2019 / Posted John Cumming

The Young Mining Professionals (YMP) - a non-profit group with chapters in Vancouver, Toronto, Montreal, Sudbury, Perth, Brisbane, Johannesburg and London - has given its Mining Professional of the Year awards for 2018 to Andr?(C)e St-Germain, chief financial officer of Integra Resources (TSXV: ITR; US-OTC: IRRZF) and Jose Vizquerra, executive vice-president of strategic development and a director...Read More

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