Mining Articles

New Jersey Mining Company Adds to Murray Gold Belt Portfolio

Mon Sep 17 11:50:51 2018 / Staff reporter

COEUR D'ALENE, Idaho, Sept.13, 2018(GLOBE NEWSWIRE) -- New Jersey Mining Company (OTCQB/CSE:NJMC) ("NJMC" or the "Company") announced today that it has ...Read full newsRead More

The future of gold mining in Nevada

Mon Sep 17 11:50:49 2018 / Staff reporter

Boom. Bust. Rush. Crash.Read full newsRead More

Mirasol drills 0.9 metre of 1.95 g/t Au at Claudia

2018-09-17 11:24 / Mr. Stephen Nano reports

Mr. Stephen Nano reportsMIRASOL REPORTS EXPLORATION RESULTS FROM THE CLAUDIA PROJECT, OCEANAGOLD JOINT VENTURE, SANTA CRUZ, ARGENTINAMirasol Resources Ltd. has released first season exploration results for its Claudia joint venture project with OceanaGold Corp. inSanta Cruz province, Argentina. Highlights from the Claudia OceanaGold joint venture exploration:Drilling results-- since inception of...Read More

Novo to acquire exploration company Farno-McMahon

2018-09-17 11:11 / Mr. Quinton Hennigh reports

Mr. Quinton Hennigh reportsNOVO TO ACQUIRE STRATEGIC PORTFOLIO OF TENEMENTS IN EGINA REGION OF WESTERN AUSTRALIA Novo Resources Corp. has entered into two property transactions in the Egina region of Western Australia.Farno-McMahon share purchase agreementThe Company entered into a share purchase agreement whereby (subject to satisfaction or waiver of customary conditions) the Company will acquir...Read More

Britain's Tamar takes coking coal complaint to Polish PM

Sep. 17, 2018, 11:11 AM / Reuters

WARSAW/LONDON, Sept 17 (Reuters) - A British private equity firm has written to the Polish prime minister complaining about the energy minister's refusal to back a project to open a coking coal mine, a move it said would create 2,000 jobs.Poland has said it welcomes foreign investment and is keen to create jobs, especially in mining. But its ruling Law and Justice (PiS) party, with an eye on local...Read More

The future of gold mining in Nevada

Mon Sep 17 10:56:40 2018 / Staff reporter

Boom. Bust. Rush. Crash.Read full newsRead More

#Stocks Slide Ahead Of Trump Tariff Announcement, #China Tumbles To 2014 Low | Zero Hedge

Mon Sep 17 10:56:05 2018 / Staff reporter

European stock markets followed Asia - where Japan was closed for holiday - lower to start the week, as investors pulled back after weekend news Trump was set to announce a new round of $200BN in tariffs on Chinese goods as soon as today.Read full newsRead More

Premier African Minerals shares are down 25% after Cadence decided not to back its Zulu #lithium project |...

Mon Sep 17 10:16:38 2018 / Staff reporter

"Premier African Minerals shares are down 25% after Cadence decided not to back its Zulu #lithium project | https://t.co/l2NfhgjdIv #AIM $PREM $KDNC"Read full newsRead More

Philippine president repeats desire to "close all mining" after landslides

Sep. 17, 2018, 9:55 AM / Reuters

MANILA, Sept 17 (Reuters) - Philippine President Rodrigo Duterte on Monday repeated his desire to shut all mines in the country following deadly landslides that some government officials and large miners said have been exacerbated by illegal small-scale mining."If I were to try to do my thing I will close all mining in the Philippines," Duterte said, presiding over a televised meeting of the gover...Read More

Relief for Rusal, but aluminium's political risks remain

Sep. 17, 2018, 9:36 AM / Reuters

LONDON, Sep 17 (Reuters) - The United States has thrown Russian aluminium company Rusal a lifeline by loosening sanctions imposed on the company in April.Critically, the U.S. Treasury has tweaked its sanctions to allow Rusal to enter into new contracts with existing customers.This is good news for the Russian company, which has been shunned by buyers negotiating 2019 shipments.It's also good ne...Read More

South Africa imposes tough conditions on Sibanye-Lonmin deal

Sep. 17, 2018, 9:25 AM / Cecilia Jamasmie

South Africa's competition watchdog approved Monday a proposed takeover of struggling platinum producer Lonmin (LON:LMI) by Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), but imposed several conditions to limit some of the planned 3,000 job losses expected to come after the merger.The country's Competition Commission said the transaction, which is scheduled to close by the end of the year, did not p...Read More

South Africa imposes tough conditions on Sibanye-Lonmin deal

Sep. 17, 2018, 9:25 AM / Cecilia Jamasmie

South Africa's competition watchdog approved Monday a proposed takeover of struggling platinum producer Lonmin (LON:LMI) by Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), but imposed several conditions to limit some of the planned 3,000 job losses expected to come after the merger.The country's Competition Commission said the transaction, which is scheduled to close by the end of the year, did not p...Read More

Kirkland Lake to pay three-cent dividend Oct. 12

2018-09-17 08:07 / Mr. Anthony Makuch reports

Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD DECLARES QUARTERLY DIVIDEND PAYMENT AND REPORTS ON COMMON SHARE REPURCHASES THROUGH NCIBA quarterly dividend payment of three cents per common share will be paid on Oct. 12, 2018, to Kirkland Lake Gold Ltd. shareholders of record as of the close of business on Sept. 28, 2018. The payment represents the sixth quarterly dividend payment made to shareholde...Read More

U.S. Gold Corp. Receives Keystone Environmental Assessment / Plan of Operations Approval

2018-09-17 08:00 / Staff reporter

U.S. Gold Corp. Receives Keystone Environmental Assessment / Plan of Operations Approval- U.S. Gold Corp.is pleased to report the September 7, 2018 BLM (Bureau of Land Management) approval of the Keystone Project Plan of Operations / Reclamation permit for up to 200 acres of surface disturbance.- Drill targets that have been identified almost entirely by surface work consisting of geology, geochem...Read More

DynaCERT touts HG1-45 model installations

2018-09-17 07:23 / Mr. Murray Payne reports

Mr. Murray Payne reportsDYNACERT CONTINUES NEW GLOBAL INSTALLATIONS AND SIGNIFICANT PROGRESS DynaCERT Inc. has made significant progress in its key marketing and design endeavours.Global installations DynaCERT is pleased to announce that global installations of its new HG1-45 models are under way and advancing very successfully. Of note are the following installations and advanced negotiations. Se...Read More

Lithium Power closer to start mining at Chile's Maricunga

Sep. 17, 2018, 7:22 AM / Cecilia Jamasmie

Australia's Lithium Power International (ASX:LPI) is moving forward with its plans to mine for lithium in Chile as it has submitted the environmental impact assessment (EIA) for its Maricunga project to the country's environmental authority (Servicio de Evaluaci??n Ambiental or SEA).The company, which operates in the copper and lithium-rich South American nation through its 50%-owned Cerro Bla...Read More

South African unions sign wage deal with AngloGold Ashanti

Sep. 17, 2018, 6:00 AM / Reuters

Three South African unions have signed a three-year wage deal with AngloGold Ashanti, potentially inching the country's gold industry a closer to ending a standoff over pay.South Africa's gold mines have seen margins shrink and a depletion in the grades of ore after a century of mining in what are the deepest mines in the world, reaching as far as 4 km (2-1/2 miles) underground.Solidarity, the Ass...Read More

Petra Diamonds CEO to leave following shares value dip, debt increase

Sep. 17, 2018, 3:40 AM / Cecilia Jamasmie

Shares in Petra Diamonds (LON:PDL) climbed more than 6% on Monday after the South African miner reported a 37 percent increase in full-year earnings thanks to higher output at its mines.Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) jumped to $195.4 million from $142 million in the previous year, Petra said.However, the diamond producer posted a net loss after tax...Read More

Petra Diamonds CEO to leave following shares value dip, debt increase

Sep. 17, 2018, 3:40 AM / Cecilia Jamasmie

Shares in Petra Diamonds (LON:PDL) climbed more than 6% on Monday after the South African miner reported a 37 percent increase in full-year earnings thanks to higher output at its mines.Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) jumped to $195.4 million from $142 million in the previous year, Petra said.However, the diamond producer posted a net loss after tax...Read More

$GOLD since the dollar peg was removed, odds favor there is one ELLIOT wave higher to go -- wave #5. In terms of...

Mon Sep 17 03:31:08 2018 / Staff reporter

"$GOLD since the dollar peg was removed, odds favor there is one ELLIOT wave higher to go -- wave #5.In terms of Elliot count (Art Roldan) and my chart analysis added, odds favor it takes two monthly closes above 1366-1388 for a degree of certainty that wave 4 has ended."Read full newsRead More

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