Mining Articles

Vancouver-based Nevsun agrees to takeover bid by Chinese firm Zijin

September 5, 2018 / Editor

Vancouver-based Nevsun Resources Ltd. says it has reached an agreement to be acquired by a Chinese firm for $1.86 billion.In a news release Wednesday morning, Nevsun says Zijin Mining Group Co. Ltd. will acquire all of its issued and outstanding shares at $6 per share in cash.It says details of the offer will be included in a circular that Zijin will send to Nevsun shareholders in the coming days....Read More

708 Million Reasons to Buy Cobalt

September5, 2018 / Keith Kohl

Elon Musk hasn't been a pillar of stability lately for Tesla shareholders.As his antics both off- and online reached a feverish pitch in 2018, so did the concerns over his company's future. His increasingly erratic behavior didn't do his holders any favors.Yet his tweets took a toll on more than just Tesla's market cap.Cobalt investors across the world winced after Musk took a huge shot at the com...Read More

Gold-Silver Ratio Message - Precious Metals Supply and Demand

September 5, 2018 / Keith Weiner

Fundamental DevelopmentsLast week the price of gold fell three bucks, and that of silver fell a quarter of a buck. But let us take a look at the supply and demand fundamentals of both metals. Also, we have an interesting development in the gold-silver ratio, a topic we have not addressed in a while.First, here is the chart of the prices of gold and silver. Gold and silver priced in USD Next, thi...Read More

Nevsun agrees to $1.86B Zijin takeover bid

September 5, 2018 / Posted Northern Miner Staff

Nevsun Resources (TSX: NSU; NYSE: NSU) has agreed to Zijin Mining's (HGK: 2899) friendly take-over bid which values Nevsun at $6 per share or $1.86 billion. Nevsun shares jumped nearly a dollar on the news and now sit at $5.80 per share.The news comes nearly a month after Nevsun's board of directors recommended shareholders reject a take-over bid from Lundin Mining (TSX: LUN) that valued Nevsun at...Read More

Takeover Candidates – Nevsun Receives All-Cash Offer from Zijin Mining (September 5, 2018)

September 5, 2018 / FI Fighter

Well, I guess you could say the writing was on the wall with this one — Nevsun (NSU) just recently received an all-cash takeover offer from Zijin Mining at C$6.00/share, valuing the company at C$1.86 billion ($1.41 billion).Coincidentally enough, for anyone who has read my latest eBook, Mining Stocks – Investing In A Bear Market, you’ll know that at the top of my list of things...Read More

The Next Major Gold Buyout?

September5, 2018 / Nick Hodge

I almost didn't get a chance to write you today.It seems everyone comes back from vacation all at once. The inbox fills up. And deals start flowing.One of my recommended companies received a "white knight" takeover bid just this morning, and I spent some of the morning reviewing the details and deciding what to do.The company was Nevsun Resources (NYSE: NSU)(TSX: NSU).I've been recommending reader...Read More

RT @backstroke_: "Automakers fret as China clamps down on capacity, seeks consolidation" -

Tue Sep 04 20:20:41 2018 / backstroke

Some automakers in China are alarmed by proposed government restrictions on investing in new manufacturing capacity and the ways in which Beijing is trying to trigger consolidation of the country's flabby auto industry through mergers and strategic cooperation.Read full newsRead More

RT @ReutersBiz: VW floods German market ahead of tougher emissions rules

Tue Sep 04 20:19:40 2018 / Reuters Business

Volkswagen hiked the number of passenger cars registered for road use with the authorities by 46.2 percent in Germany last month, lifting German passenger car registrations by 24.7 percent in August, statistics from the KBA German vehicle authority showed.Read full newsRead More

Gold Seeker Closing Report: Gold and Silver Fall with Stocks

4 September, 2018 / Chris Mullen, Gold Seeker Report

CloseGain/LossGold $1193.40-$5.70Silver$14.16-$0.35XAU63.43-4.25%HUI137.32-4.13%GDM503.99-2.70%JSE Gold1009.24+6.23USD95.40+0.31Euro115.88-0.18Yen89.79-0.30Oil$69.87+$0.0710-Year2.892%+0.030T-Bond144.03125-0.65625Dow25952.48-0.05%Nasdaq8091.25-0.23%S&P2896.72-0.17% The Metals: Gold traded mostly slightly higher in holiday-thinned trade yesterday before it chopped down to as low as $1189.80...Read More

September Is The Best Month For Gold and Worst Month For Stocks

4 September, 2018 / GoldCore

by Mark Hulbert of MarketwatchIf you listen closely, you'll hear gold investors whispering that "it's an ill wind that blows no good." That's because, while September may be the worst month of the calendar for stocks, it's the best month for gold.Since it began trading freely in the U.S. in the early 1970s, gold bullion has produced an average gain of 2.1% in September. The comparable monthly av...Read More

Asian Metals Market Update: Sep 4 2018

4 September, 2018 / Chintan Karnani, Insignia Consultants

Physical demand for gold and silver was there in India and Asia yesterday and should continue for the rest of the week. There has been a very sharp reversal in prices of gold and silver (from the August lows) in Asia due to a very weak currencies. Trend reversal always attract short term traders and long term investors alike. Economics & Trump trade warsThe US induced trade war and its impact...Read More

What are the prospects, challenges and opportunities for #spacemining? Join @RocketRick at Future of Mining America...

Tue Sep 04 20:13:05 2018 / Rick N. Tumlinson

"What are the prospects, challenges and opportunities for #spacemining? Join @RocketRick at Future of Mining Americas 29-30 Oct #Denver to find out how close extra terrestrial #Mining is to becoming reality #FOMAmericas #FutureofMining https://t.co/zU2LeHoRQo"Read full newsRead More

Do you #invest in the #miningsector? Take part in our #InvestorSurvey and contribute to this important resource for...

Tue Sep 04 20:02:48 2018 / Staff reporter

"Do you #invest in the #miningsector? Take part in our #InvestorSurvey and contribute to this important resource for the international mining industry: https://t.co/CeABRMhBn3"Read full newsRead More

Investors, have a look at Diagnos Inc. ticker symbol $ADK right now! Get acquainted with them through their new Inv...

Tue Sep 04 19:22:22 2018 / Staff reporter

"Investors, have a look at Diagnos Inc. ticker symbol $ADK right now! Get acquainted with them through their new Investor Presentation -- #ADK $ADK #Diagnos @DiagnosInc #AI #eyehealth #Diabetes #Retina #CHUM --Read the Presentation here: https://t.co/mIDfAEGSgb"Read full newsRead More

Sometimes, you need to know a little history. Is CROP Infrastructure Corp the next McDonald's?...

Tue Sep 04 18:15:16 2018 / Staff reporter

"Sometimes, you need to know a little history. Is CROP Infrastructure Corp the next McDonald's? https://t.co/FxsKQCAmxZ $CROP $MCD #realestate #marijuana #thefounder #marijuanainvest"Read full newsRead More

Pacton Commences Exploration in the Pilbara @PactonGold

Tue Sep 04 17:17:24 2018 / Pacton Gold

Pacton Gold (TSXV:PAC; US:PACXF) (the "Company" or "Pacton") is pleased to announce the commencement of field activities on its large gold property portfolio in the Pilbara craton.Read full newsRead More

#Amazon Tops Trillion-Dollar Market Cap, #Bezos Extends Lead As World's Richest Man | Zero Hedge

Tue Sep 04 17:13:04 2018 / Staff reporter

Amazon reached this milestone almost exactly one month after Apple. Next up - Microsoft or Alphabet?Read full newsRead More

GLG Life Tech (@GLGLifeTech) (TSX: $GLG) Announces Entry into the Cannabis ( #CBD ) Market and Signed Acquisition...

Tue Sep 04 16:45:11 2018 / GLG Life Tech

"GLG Life Tech (@GLGLifeTech) (TSX: $GLG)Announces Entry into the Cannabis ( #CBD ) Market and Signed Acquisition Agreement with Leading Chinese CBD Partner [https://t.co/mEEynx8r7F]#POTstocks #investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business"Read full newsRead More

Lithium price plunge claims first victim

Sep. 4, 2018, 4:18 PM / Frik Els

Oversupply in China has seen lithium prices drop precipitously this year with carbonate now selling for nearly half than during the first quarter.The Benchmark Mineral Intelligence price assessment released today shows domestic Chinese lithium carbonate of battery grade falling to an average $13,000 per tonne in August, down 47% on the first quarter and at levels last seen in 2015.Benchmark antici...Read More

Lithium price plunge claims first victim

Sep. 4, 2018, 4:18 PM / Frik Els

Oversupply in China has seen lithium prices drop precipitously this year with carbonate now selling for nearly half than during the first quarter.The Benchmark Mineral Intelligence price assessment released today shows domestic Chinese lithium carbonate of battery grade falling to an average $13,000 per tonne in August, down 47% on the first quarter and at levels last seen in 2015.Benchmark antici...Read More

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