Mining Articles

Total wins 4 year contract with Newcrest's Lihir Gold Mine in Papua New-Guinea

Mon Sep 10 11:32:15 2018 / Staff reporter

Total, the 4th largest international energy company has been awarded a 4-year contract with Newcrest's Lihir Gold Mine in Papua New-Guinea (PNG), following a competitive tender process that began last November.Read full newsRead More

New Discovery Yields 9,000 ounces of High Grade Coarse Gold from Single Cut at Beta Hunt Mine...

Mon Sep 10 11:32:11 2018 / Staff reporter

"New Discovery Yields 9,000 ounces of High Grade Coarse Gold from Single Cut at Beta Hunt Mine https://t.co/sAn6uEzJRG"Read full newsRead More

Tahoe aims to work 'in good faith' to restart Guatemala mine

Sep. 10, 2018, 11:32 AM / Reuters

Sept 10 (Reuters) - Tahoe Resources Inc will work closely with Guatemalan officials and locals to resolve a dispute and resume operations at its flagship Escobal silver mine, one of the world's largest, Chief Executive Jim Voorhees said on Monday.Guatemala's Constitutional Court last week upheld the suspension of licenses at Escobal mine. The ruling was "disappointing" and "not the outcome we expe...Read More

Tianqi #Lithium says will comply with Chilean regulator on #SQM investment

Mon Sep 10 11:16:01 2018 / Staff reporter

hina's Tianqi Lithium said on Saturday that it has agreed to comply with conditions set out by Chile's anti-trust regulator FNE regarding Tianqi's purchase of a stake in lithium producer SQM.In a statement, Tianqi Lithium said the decision represents an important next step in the process of finalising the SQM stake purchase agreement, and that the company expects the transaction wil...Read More

Visualizing #Argentina's Bank Run In 1 Crazy Chart | Zero Hedge

Mon Sep 10 11:05:38 2018 / Staff reporter

The collapse of the Argentine peso is making the country's citizens nervous...Read full newsRead More

GT Gold's stocks soar following drill results at Tatagota

Sep. 10, 2018, 10:32 AM / MINING.com Editor

Vancouver- based GT Gold's (TSX.V: GTT) stock is trading at 75 cents following a discovery at the Saddle North target on its Tatogga property in BC's Golden Triangle.At market close, GT Gold's stock had risen 44 per cent. "The hole results and visual intercepts indicate possibly the most important new copper-gold-silver porphyry discovery in the northern part of the Golden Triangle"The 79-metre...Read More

Research update: Morgan Stanley cautiously optimistic on the #nickel market, citing current price levels as an attr...

Mon Sep 10 09:51:10 2018 / Staff reporter

"Research update: Morgan Stanley cautiously optimistic on the #nickel market, citing current price levels as an attractive entry point"Read full newsRead More

Electric cars give new life to mine excavated for nuclear power

Sep. 10, 2018, 9:41 AM / Bloomberg News

Demand for a new generation of electric vehicles is breathing life into an Alpine mine that was originally excavated to feed an Austrian nuclear industry that never materialized.The developer of the site in Wolfsberg, European Lithium Ltd., is planning to move its primary stock listing to Austria from Australia in anticipation of transforming the site into the continent's biggest producer of the l...Read More

Newmont can't get enough of Colombia, buys 19.9% of Orosur

Sep. 10, 2018, 8:34 AM / Cecilia Jamasmie

World's second largest gold producer Newmont Mining (NYSE:NEM) has acquired 19.9% of Canadian gold junior Orosur Mining (TSX, AIM:OMI), which recently closed operations in Uruguay and Chile to focus on Colombia.Through a placement worth $2 million, Newmont has acquired 29.2 million commons shares at a price of C9.1c (6.9 cents) each. The exploration and option agreement includes a three-phase ear...Read More

Amarillo Gold drills 18 m of 1.57 g/t Au at Mara Rosa

2018-09-10 07:11 / Mr. Mike Mutchler reports

Mr. Mike Mutchler reportsAMARILLO ANNOUNCES DRILLING RESULTS UPDATE AT MARA ROSAAmarillo Gold Corp. has provided drilling results from its first 11 holes of the planned 10,000-metre drill program on its flagship Mara Rosa project which commenced on May 23, 2018. Highlights 1.57 grams per tonne gold over 18 metres from 214 to 231 (1) metres in hole 18P047; 1.57 g/t Au over 10 metres from 206 to 216...Read More

Telson Mining employee dies at Campo Morado

2018-09-10 07:00 / Mr. Ralph Shearing reports

Mr. Ralph Shearing reportsTELSON MINING CORPORATION ANNOUNCES CASUALTY AT CAMPO MORADOA Telson Mining Corp. employee has died at the Campo Morado mine in Guerrero, Mexico.Jose Antonio Berlanga, Telson's chief executive officer, stated: "We are very saddened by this unfortunate and tragic event and send our condolences and sympathies to the family of the deceased; the thoughts and prayers of Telson...Read More

RNC Minerals soars after striking gold in once-in-a-lifetime find

Sep. 10, 2018, 5:00 AM / Cecilia Jamasmie

Shares in Canada's RNC Minerals (TSX: RNX) were off to the races on Monday after the miner revealed it had unearthed more than 9,000 ounces of high-grade gold from a single blast over the past few days at its Beta Hunt mine, in Western Australia.That's more than 560 pounds (255kg), or $10 million of gold in just four days, if you were to just cash it in today.More than 9,000 ounces, or $10 millio...Read More

Workers extend strike at Alcoa's alumina operations in Western Australia

Sep. 10, 2018, 4:15 AM / Reuters

Workers at Alcoa's alumina and bauxite operations in Western Australia have voted to reject a proposed workplace agreement and will continue to strike, a trade union said on Friday.Around 1,500 staff at three alumina refineries and two bauxite mines walked out on Aug. 8 over a new workplace agreement they say does not offer sufficient job security.The strike threatens to stoke shortages of alumina...Read More

Anaconda Mining grows footprint in Atlantic Canada, creates ExploreCo

Sep. 10, 2018, 4:13 AM / Cecilia Jamasmie

Junior gold producer Anaconda Mining (TSX: ANX) is stepping up efforts to expand its footprint in little-explored Atlantic Canada by creating ExploreCo, a new wholly-owned subsidiary that will focus on early-stage exploration projects in the area.The Toronto-based company, which already operates the Pint Cove open-pit mine in Newfoundland's Baie Verte mining district, is also optioning its Cape...Read More

INK Canadian Insider Index slips 2.1% to 1236.44

Mon, 10/09/2018 1:35 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 CIN Index slid hard once it was unable to advance beyond 1270, slicing through support and tumbling as low as 1227.97. By week's end the Index found itself at 1236.44 for a loss of 27.16 points or 2.1%.RSI plunged to 29, dropping 30% or 12.9 points. MACD also tumbled ha...Read More

Pure Gold on track to build Ontario's next gold mine

September 10, 2018 / Posted Trish Saywell

Pure Gold Mining (TSXV: PGM) is on its way to finishing a definitive feasibility study (DFS) of its Madsen gold project in Ontario's Red Lake district.Madsen is one of the highest-grade, undeveloped gold deposits in the world, and muck samples reported in July from the first seven rounds of blasted material averaged 18.8 grams gold per tonne.The company has started test mining within the first of...Read More

A penny-mine for your thoughts now, Mr. Edison

September 10, 2018 / Investor's Digest of Canada

"The storage battery is, in my opinion, a catchpenny, a sensation, a mechanism for swindling the public by stock companies. The storage battery is one of those peculiar things which appeals to the imagination, and no more perfect thing could be desired by stock swindlers than that very selfsame thing. . . . Scientifically, storage is all right, but, commercially, as absolute a failure as one can i...Read More

Golden Ridge hits 326 m of 0.36 g/t gold, 0.29% copper at Hank

September 10, 2018 / Resource World

Drilling in the Upper Alteration Zone at the Hank Project in northwest B.C. Source: Golden Ridge Resources Ltd.Golden Ridge Resources Ltd. [GLDN-TSXV] shares were active Monday September 10 after the company reported additional assay results from drilling on the Williams Zone on its Hank Project in British Columbia's Golden Triangle District.The latest results are from the second and third holes d...Read More

RNC makes spectacular gold find at Beta Hunt

September 10, 2018 / Resource World

An example of the bonanza-grade gold at the Beta Hunt Mine in Australia. Source: RNC Minerals.RNC Minerals Corp. [RNX-TSX] shares took off like a rocket Monday September 10 after the company announced a new gold discovery at its Beta Hunt Mine in Australia. Over the past week, approximately 9,250 ounces of high-grade gold was produced from a 130-tonne cut on the mine's 15 level. That is equal to o...Read More

Real Wealth Stock Purchase – VWO (September 10, 2018)

September 10, 2018 / FI Fighter

Thanks for voting everyone! The first Real Wealth Stock Poll concluded this weekend, and with funds already transferred to my brokerage account, I was able to pull the trigger and make a purchase this morning for 10 shares of Vanguard FTSE Emerging Markets ETF (VWO) at $39.94/share.Learn more about the composition of VWO.From Vanguard.Although I did receive donations of $418.90 for the month of Au...Read More

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