Mining Articles

Bethel-area residents question aftermath of gold mine

Mon Sep 03 11:07:40 2018 / Staff reporter

How a massive gold mine proposed in western Alaska will clean up after itself and pay for it were the topics of a public meeting in Bethel.Read full newsRead More

Greatland Gold has triggered a selloff with its latest #gold and #nickel drill results from Ernest Giles in WA |...

Mon Sep 03 10:44:04 2018 / Staff reporter

"Greatland Gold has triggered a selloff with its latest #gold and #nickel drill results from Ernest Giles in WA |https://t.co/GS70uOaf65 $GGP #AIM"Read full newsRead More

Northern Star raises funds to buy gold mine in Alaska

Sep. 3, 2018, 10:20 AM / Valentina Ruiz Leotaud

Northern Star Resources (ASX: NST) announced that, after gathering part of the funds it needs, it is on track to acquire the high-grade, 4.1Moz Pogo underground gold mine in Alaska.In detail, Northern Star was able to raise almost $1.3 million to help fund the acquisition of the operation, 85 per cent of which is currently controlled by Sumitomo Metal Mining and 15 per cent by Sumitomo Corporation...Read More

Northern Star raises funds to buy gold mine in Alaska

Sep. 3, 2018, 10:20 AM / Valentina Ruiz Leotaud

Northern Star Resources (ASX: NST) announced that, after gathering part of the funds it needs, it is on track to acquire the high-grade, 4.1Moz Pogo underground gold mine in Alaska.In detail, Northern Star was able to raise almost $1.3 million to help fund the acquisition of the operation, 85 per cent of which is currently controlled by Sumitomo Metal Mining and 15 per cent by Sumitomo Corporation...Read More

Garbage to gold: How Yahoo unethically sells your spam email

Mon Sep 03 10:13:41 2018 / Staff reporter

Think you're safe from Yahoo's unethical data mining practices because it's not your primary email account? As it turns out, Yahoo knows you use it for spam -- and it's turning a quick buck on your junk mail anyways. Here's how Yahoo is staying alive even as its unpopular online services dwindle.Read full newsRead More

European Firms Hit Hard By U.S. Sanctions On #Iran | Zero Hedge

Mon Sep 03 09:58:12 2018 / Staff reporter

Washington's foreign policy is clearly increasingly at odds with Europe's core interests...Read full newsRead More

#Germany Repeatedly Fails To Deport Migrant Accused Of 542 Crimes | Zero Hedge

Mon Sep 03 09:57:32 2018 / Staff reporter

The German authorities simplyRead full newsRead More

Lonmin's largest shareholder backs takeover by Sibanye-Stillwater

Sep. 3, 2018, 7:43 AM / Reuters

South Africa's Public Investment Corporation (PIC) said it will support a takeover of platinum producer Lonmin by precious metals producer Sibanye-Stillwater.State-owned PIC is the largest shareholder in struggling Lonmin, holding 29.2 percent and is Sibanye's second largest shareholder, with an 11.2 percent stake.Lonmin has been the biggest casualty in South Africa's platinum mining industry whic...Read More

Mining dust could be affecting Chilean glaciers: activists

Sep. 3, 2018, 7:34 AM / Valentina Ruiz Leotaud

Environmentalists interviewed by AFP said they believe Chile's 24,114 glaciers are in danger from mining activity.Climatologist Fabrice Lambert told the news agency that glaciers that are close to mining sites get covered by dust and such particles absorb solar energy in a way that could increase the rate at which the white ice mountains are melting. According to the expert, particularly those in...Read More

Mining dust could be affecting Chilean glaciers: activists

Sep. 3, 2018, 7:34 AM / Valentina Ruiz Leotaud

Environmentalists interviewed by AFP said they believe Chile's 24,114 glaciers are in danger from mining activity.Climatologist Fabrice Lambert told the news agency that glaciers that are close to mining sites get covered by dust and such particles absorb solar energy in a way that could increase the rate at which the white ice mountains are melting. According to the expert, particularly those in...Read More

India's Anil Agarwal succeeds with Vedanta Resources buyout

Sep. 3, 2018, 7:21 AM / Reuters

Vedanta Resources' Chairman Anil Agarwal will take the London-listed miner private on Oct. 1, his family trust said on Monday, a step seen by some in the industry as a prelude to a potentially broader deal with bigger miner Anglo American.The Volcan Investments trust, which held about two thirds of Vedanta's London-listed arm before it announced a roughly $1 billion buyout offer in July, said hold...Read More

Uranium's rally built on supply cuts, looks overcooked for now: Russell

Sep. 3, 2018, 7:14 AM / Reuters

By Clyde Russell.One of the surprise packets in the commodity space this year has been uranium, with the spot price surging 30 percent in the past four months, a stellar performance that may not be justified by current fundamentals.Uranium stood at $26 per pound on Aug. 31, up from the low so far this year of $20, hit in mid-April. The year-to-date gain is 16.6 percent, and the metal used to power...Read More

#Nickel has escaped the worst of the commodity falls this quarter, but its pricing story has changed dramatically i...

Mon Sep 03 07:10:42 2018 / Staff reporter

"#Nickel has escaped the worst of the commodity falls this quarter, but its pricing story has changed dramatically in the past 12 months ($) | https://t.co/0DRLCIrJjN"Read full newsRead More

The potential that the red cycle inverted to a low increased last week when gold suffered an outside reversal day a...

Mon Sep 03 01:01:18 2018 / Staff reporter

"The potential that the red cycle inverted to a low increased last week when gold suffered an outside reversal day at the blue cycle.It takes a close above 1216-1222 this week to cancel the inversion scenario and avoid lower into Sept 9th (plus or minus 72 hours)."Read full newsRead More

@aleksfx Since May the mid line of the 2018 channel has held each attempt at breaking the USD. Last week, it spent...

Mon Sep 03 00:12:06 2018 / AleksFx

"@aleksfx Since May the mid line of the 2018 channel has held each attempt at breaking the USD.Last week, it spent the entire week there.If one is favoring higher gold and currencies, they should only do so only a break of this line.No break would favor another test of upper line."Read full newsRead More

Are These Canada’s Best Unsung High-Yield Dividend Stocks?

September 3, 2018 / Victoria Hetherington

Banking, gold, and real estate sound like cliched choices for Canadian dividend stocks, but the fact is that the three picks below pay some of the best dividend yields on the TSX at today's prices. Great choices for RRSPs, RRIFs, or TFSAs, the following three stocks should make welcome additions to any domestic investment portfolio.Centamin (TSX:CEE)Gold is still on many investors' lips at the mo...Read More

Gold And Silver Are Set-Up To Soar

September 3, 2018 / admin

Per the latest COT report (note: this references the August 21st COT Report), the hedge fund (Managed Money) net short position in Comex paper gold was 90,000 contracts - by far a record short position for the hedge fund trader category. Conversely, the bank net long position (Swap Dealers) in Comex paper gold was close to an all-time high. It's not quite as high it was in December 2015.The hedge...Read More

Thank You for the Donations! (September 3, 2018)

September 3, 2018 / FI Fighter

It’s been just a few days since I published the inaugural Real Wealth Income Report for August 2018, and I’m already very pleased to provide readers with this latest update — Donations have risen by 50%, and we are now up to 30 donations in total (up from 20 donations, previously)!Yeah, seriously, right now I must feel much the way Hiro Nakamura (Heroes) did the first time he t...Read More

Dajin Resources Corp. (TSX-V: DJI, OTCQB: DJIFF): Lithium Exploration Company, Large 100% Owned Brine-Based Lithium Projects, in Argentina and Nevada, Interview with Mr. Brian Findlay, President and CEO, and Dr. Catherine Hickson, Director and COO

3/9/2018 / Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA

Dajin Resources Corp. (TSX-V: DJI, OTCQB: DJIFF) is an early stage lithium exploration company, with large 100% owned brine-based fully permitted drill ready lithium exploration projects, located in the salar basins of northwest Argentina and Nevada. On August 8, 2016, Dajin's wholly owned Argentinian subsidiary, Dajin Resources S. A., signed a binding Memorandum of Understanding ("MOU"), with LSC...Read More

Venezuela's Socialist Experiment Has Failed

September3, 2018 / Luke Burgess

Which country has the largest proven oil reserves in the world?Most folks would probably guess Saudi Arabia or some other Middle Eastern nation.Some might guess Canada or Russia, or maybe even the United States.But few would guess that Venezuela boasts the largest oil resources in the world.Saudi Arabia held the top position among nations with the largest oil resources. But those resources only ac...Read More

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