Mining Articles

Irving sampes up to 155 g/t Au, 1,245 g/t AG at Omu

2018-10-19 11:53 / Mr. Akiko Levinson reports

Mr. Akiko Levinson reports IRVING RESOURCES SAMPLES HIGH-GRADE FLOAT AT ITS OMU GOLD-SILVER PROJECT, HOKKAIDO, JAPANIrving Resources Inc. has sampled high-grade quartz vein float at its 100-per-cent-controlled Omu gold-silver project in Hokkaido, Japan. While following up stream sediment anomalies (please refer to Irving Resources' news release dated Jan. 3, 2018, for further details), Irving Reso...Read More

Spearmint Acquires District Size Copper-Gold Project Bordering Serengeti Resources Inc. in British Columbia...

Fri Oct 19 11:47:24 2018 / Staff reporter

"Spearmint Acquires District Size Copper-Gold Project Bordering Serengeti Resources Inc. in British Columbia https://t.co/1zR5ZJPQ6F"Read full newsRead More

Bosnian government to help keep Aluminij smelter on power grid

Oct. 19, 2018, 11:47 AM / Reuters

SARAJEVO, Oct 19 - A Bosnian regional government will help to keep aluminium smelter Aluminij Mostar running, a minister said on Friday, after heavy debt brought it to the brink of closure.Management at Bosnia's sole aluminium smelter had called for the Bosniak-Croat Federation to intervene after the business was hit by rising alumina and electricity prices.The company sounded the alarm last week...Read More

Montan Mining Closes First Tranche Of Non-Brokered Placement @MontanMining

Fri Oct 19 11:40:38 2018 / Montan Mining

Montan Mining Corp. (TSXV:MNY; FSE:S5GM; SSE: MNYC) (Read full newsRead More

Rusal's Swedish smelter may be closed if sanctions not lifted

Oct. 19, 2018, 11:38 AM / Reuters

STOCKHOLM/MOSCOW, Oct 19 (Reuters) - Russia's Rusal may be forced to close its Kubal aluminium smelter in Sweden if the U.S. sanctions are not lifted, a Kubal representative who declined to be named told Reuters on Friday.The Kubal aluminium smelter in Sweden, Rusal's only primary metal production facility outside of Russia, produced 123,000 tonnes of metal last year. It employs just under 500 peo...Read More

RT @alex_hamer: Electric vehicle policy is hard

Fri Oct 19 11:13:16 2018 / Alex Hamer

The UK government's hot-cold approach to electric vehicles shows stumbling blocks to major take-upRead full newsRead More

Hudbay Minerals investor calls special shareholder meeting

Oct. 19, 2018, 11:00 AM / Cecilia Jamasmie

Private equity firm Waterton Global Resource Management, which now owns about 7% of Hudbay Minerals (TSX, NYSE: HBM) said Friday it would call a special shareholder meeting of the Canadian base and precious metals miner after it refused its proposal for board changes.Waterton is asking Hudbay to replace some members of its board, as well as agree to a moratorium on acquisitions.Waterton is asking...Read More

Hudbay Minerals investor calls special shareholder meeting

Oct. 19, 2018, 11:00 AM / Cecilia Jamasmie

Private equity firm Waterton Global Resource Management, which now owns about 7% of Hudbay Minerals (TSX, NYSE: HBM) said Friday it would call a special shareholder meeting of the Canadian base and precious metals miner after it refused its proposal for board changes.Waterton is asking Hudbay to replace some members of its board, as well as agree to a moratorium on acquisitions.Waterton is asking...Read More

Kenya to set up gold refinery to help small miners

Oct. 19, 2018, 10:54 AM / Reuters

NAIROBI, Oct 19 (Reuters) - Kenya plans to set up a gold refinery to help small scale miners in the west of the country, the Petroleum and Mining Ministry said on Friday, and the government is seeking consultants to advise on its construction.Kenya has proven deposits of titanium, gold and coal but its mining sector is a relatively small contributor to national output. However, revenues are expect...Read More

Stagflation Looms As #China's Economy Suffers Weakest Growth Since Q1 2009 | Zero Hedge

Fri Oct 19 10:49:05 2018 / Staff reporter

China's economy grew at 6.5% YoY in Q3, lower than expected and the weakest growth since Q1 2009. Industrial Production also slowed more than expected as the shift toward financial stimulus is failing...Read full newsRead More

Slower orders for Atlas Copco spooks industry rivals too

Oct. 19, 2018, 10:40 AM / Reuters

STOCKHOLM, Oct 19 (Reuters) - Sweden's Atlas Copco reported lower than expected third-quarter orders on Friday and forecast softer demand for the remainder of the year, sending shares in the industrial equipment maker tumbling.The sector has been under pressure in recent months due to worries over slowing global growth, not least in China where purchasing managers indices and auto sales have slipp...Read More

Flow of LME nickel to hidden storage dents bull story

Oct. 19, 2018, 9:44 AM / Reuters

LONDON, Oct 19 (Reuters) - The bulk of nickel moving out of London Metal Exchange-approved warehouses in Asia is showing up in hidden facilities in Europe, analysts said, denting a bullish scenario of potential shortages.LME nickel stocks have shrunk by about 40 percent this year, largely from warehouses in Malaysia, Taiwan and Singapore, but much of that metal is not being consumed, industry sour...Read More

#Tesla secures Shanghai site for $2 billion China Gigafactory

Fri Oct 19 09:42:08 2018 / Staff reporter

Tesla Inc has signed an agreement with the Shanghai government for an 860,000 sq...Read full newsRead More

ZF takes 35 percent stake in autonomous driving specialist ASAP

Fri Oct 19 09:42:03 2018 / Staff reporter

Car parts maker ZF Friedrichshafen said on Friday it acquired a 35 percent stake...Read full newsRead More

HKEX's mainland China commodity trade platform launches

Oct. 19, 2018, 9:20 AM / Reuters

BEIJING, Oct 19 (Reuters) - A Shenzhen-based commodity exchange controlled by Hong Kong Exchanges and Clearing unexpectedly began spot trading on Friday, giving the HKEX much-coveted access to mainland China's market.The launch of Qianhai Mercantile Exchange (QME), located just 50 kilometres (30 miles) from Hong Kong, brings to an end a long wait for HKEX and its chairman Charles Li, who bought th...Read More

RT @Reuters: Euro, Italian bonds sold as EU warns on Italy budget

Fri Oct 19 09:15:10 2018 / Reuters Top News

Stocks dipped on Friday, dragging a global index into a fourth consecutive weekl...Read full newsRead More

Canada invests $12m to extract magnesium from asbestos tailings

Oct. 19, 2018, 9:05 AM / Cecilia Jamasmie

Canada's federal government unveiled this week the final part of its plans to ban the use and sale of asbestos in the country by the end of the year.The regulations, to come into effect on Dec. 30, also prohibit the manufacturing, import, trade and use of most products containing the mineral. However, they do not apply to residues left from mining asbestos, which in Canada include about 800 millio...Read More

Canada invests $12m to extract magnesium from asbestos tailings

Oct. 19, 2018, 9:05 AM / Cecilia Jamasmie

Canada's federal government unveiled this week the final part of its plans to ban the use and sale of asbestos in the country by the end of the year.The regulations, to come into effect on Dec. 30, also prohibit the manufacturing, import, trade and use of most products containing the mineral. However, they do not apply to residues left from mining asbestos, which in Canada include about 800 millio...Read More

RT @LibertyBlitz: What gives any human the desire to do something like this, I will never understand.

Fri Oct 19 07:14:23 2018 / Michael Krieger

"NEW: Elephants charge at hunters after they shoot and kill a member of the herd in Namibia.https://t.co/hKkucYMQNn https://t.co/mYG7HE4O7d"Read full newsRead More

Nova Scotia needs $19.5m to unlock mineral potential

Oct. 19, 2018, 7:00 AM / MINING.com Editor

The body representing the mining industry in Canada's Nova Scotia has released a report that recommends $19.5 million be invested in geophysical surveys to help find future mines and quarries."This needs assessment report is the first step toward building a minerals version of Play Fairway - a free, best-in-class database of geophysical knowledge that will help attract investment and job creation...Read More

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