Mining Articles

Donlin Gold says they can clean up their proposed mine, and pay for it too

Thu Aug 30 10:54:45 2018 / Staff reporter

Cleaning up a mine is an expensive and time-consuming endeavor.Read full newsRead More

MapLab: How Satellites Cracked Open A Gold Mine

Thu Aug 30 10:54:43 2018 / Staff reporter

A biweekly tour of the ever-expanding cartographic landscape.Read full newsRead More

Worker strike halts operations at AngloGold's Guinea mine

Thu Aug 30 10:54:41 2018 / Staff reporter

A strike at AngloGold Ashanti's Siguiri gold mine in Guinea has halted operations there, mines ministry secretary-general Saadou Nimaga said on Wednesday.Read full newsRead More

Acacia Mining Announces a New Board Chairman

Thu Aug 30 10:54:40 2018 / Staff reporter

The stock was trading around 1.167 British pounds ($1.50) per share on the London Stock Exchange Wednesday morning, up about 2.4% from yesterday.Dushnisky will be the new CEO of AngloGold Ashanti Limited (AU).Warning! GuruFocus has detected 8 Warning Signs with GWW.Read full newsRead More

Perseus Mining Updates Mineral Resources & Ore Reserves

Thu Aug 30 10:54:39 2018 / Staff reporter

PERTH, Western Australia, Aug. 28, 2018 (GLOBE NEWSWIRE) - Perseus Mining Limited ("Perseus" or the "Company") (TSX & ASX: PRU) wishes to update estimates of the Mineral Resources and Mineral Reserves at each of its West African operations. An executive summary is provided below. Full details of the resource and reserve updates are included in ...Read full newsRead More

Why battery miners are swarming Europe's biggest rock collection

Aug. 30, 2018, 10:47 AM / Bloomberg News

(Bloomberg) - Being home to Europe's biggest rock collection has finally come in handy for Sweden amid the global race for the scarce metals that power electric cars.For more than a century, the Nordic nation has accumulated thousands of ore samples-so many that if they were laid end to end, they'd stretch from Minneapolis to Mexico and beyond. They're stored at the Geological Survey of Sweden's...Read More

#Yuan More Volatile Than #Euro For First Time Ever | Zero Hedge #gold

Thu Aug 30 10:33:02 2018 / Staff reporter

For the first time, FX traders are grappling with wilder swings from China than Europe...Read full newsRead More

The single biggest breakthrough in oil tech this year

Aug. 30, 2018, 10:25 AM / Oilprice.com

Utah holds the largest reserves of oil sands in the United States, but up until now, no company had the technology to exploit these vast resources.Despite the potential, "only a few companies are pursuing the price-sensitive and water-intensive development of the state's oil shale and oil sand resources," the EIA said in a 2017 report on the state, essentially writing off the region as a meaningf...Read More

Here is @CDMRawles on the massive theft, and what you could do with $10M of stolen #cobalt (article now free):...

Thu Aug 30 10:11:10 2018 / Caspar Rawles

"Here is @CDMRawles on the massive theft, and what you could do with $10M of stolen #cobalt (article now free): https://t.co/6YspuT8BEP https://t.co/fyw4J7KZs6"Read full newsRead More

Vendetta Mining drills 9.32 m of 12.5% Pb+Zn at Pegmont

2018-08-30 09:55 / Mr. Michael Williams reports

Mr. Michael Williams reportsVENDETTA REPORTS NEAR SURFACE HIGH GRADE RESULTS FROM PLANNED START UP PIT AREA AND ANNOUNCES A $1.5 MILLION FINANCINGVendetta Mining Corp. has provided the first batch of drill results from the 2018 resource development program on the Pegmont lead-zinc project in Queensland, Australia,and has arranged a private placement of $1.5-million.Zone 1 start-up pit highlights:P...Read More

Mirasol Resources recaps progress at Indra project

2018-08-30 09:55 / Mr. Stephen Nano reports

Mr. Stephen Nano reports MIRASOL PROGRESSES INDRA EPITHERMAL PRECIOUS METAL PROJECT IN NORTHERN CHILEMirasol Resources Ltd. has made progress at the company's 100-per-cent-owned 21,000-hectare Indra epithermal precious metal project, located five kilometres south of the 1.37-million-ounce El Guanaco gold mine in northern Chile.Indra highlights: Indra is subject to the recently announced letter of...Read More

Canada's controversial Trans Mountain pipeline squashed by court

Aug. 30, 2018, 9:28 AM / Cecilia Jamasmie

Canada's second-highest court has sided with opponents to a controversial $9.3-billion oil pipeline expansion, ruling that the country's government had not fulfilled its duty to consult with First Nations on the pipeline from Alberta to British Columbia.The verdict, one of the project's most significant legal hurdles to date, means the National Energy Board will have to redo its review of Kinder M...Read More

Canada's controversial Trans Mountain pipeline squashed by court

Aug. 30, 2018, 9:28 AM / Cecilia Jamasmie

Canada's second-highest court has sided with opponents to a controversial $9.3-billion oil pipeline expansion, ruling that the country's government had not fulfilled its duty to consult with First Nations on the pipeline from Alberta to British Columbia.The verdict, one of the project's most significant legal hurdles to date, means the National Energy Board will have to redo its review of Kinder M...Read More

Riverside notes Silver termination of Clemente option

2018-08-30 09:12 / Dr. John-Mark Staude reports

Dr. John-Mark Staude reportsRIVERSIDE RESOURCES PROVIDES EXPLORATION AND CORPORATE UPDATERiverside Resources Inc. has provided a corporate and exploration update as the company enters the final four months of 2018. Riverside is making strong progress at the company's self-financed Cecilia project and has a number of other portfolio updates to report ahead of what the company believes will be a bus...Read More

Arianne Phosphate appoints Lafleur to board

2018-08-30 08:24 / Mr. Dominique Bouchard reports

Mr. Dominique Bouchard reports ARIANNE PHOSPHATE APPOINTS MR. CLAUDE LAFLEUR TO ITS BOARD OF DIRECTORSArianne Phosphate Inc. has appointed Claude Lafleurto the company's board of directors.Mr. Lafleur brings with him extensive experience in the agribusiness field, having served in senior management positions with several companies.For 16 years Mr. Lafleur was with La Coop federee, including eight...Read More

Balmoral starts IP, magnetic survey at Hwy 810

2018-08-30 08:21 / Mr. Darin Wagner reports

Mr. Darin Wagner reportsBALMORAL COMMENCES FOLLOW-UP GEOPHYSICAL PROGRAM, HWY 810 PROPERTY, QUEBECBalmoral Resources Ltd. has commenced a follow-up induced polarization (IP) and ground magnetic survey program on the Hwy 810 property in Quebec. The wholly owned Hwy 810 property was acquired by Balmoral through staking, covers several geological environments and encompasses over 250 square kilometr...Read More

Tahoe Resources says thieves tried to steal #gold solution at La Arena in Peru by cutting holes in a pipeline and e...

Thu Aug 30 07:20:48 2018 / Staff reporter

"Tahoe Resources says thieves tried to steal #gold solution at La Arena in Peru by cutting holes in a pipeline and ended up causing a spill into a nearby creek | https://t.co/K0WrlDqY63 #TSX $THO"Read full newsRead More

Canada's Orosur to shut Uruguay's San Gregorio West gold mine

Aug. 30, 2018, 6:50 AM / Cecilia Jamasmie

Canadian gold junior Orosur Mining (TSX, AIM:OMI) will close its San Gregorio West mine in Uruguay after lower than expected grades at the underground operation lead the company to post pre-tax loss of $27.18-million in the 2018 financial year.The miner, which has decided to focus on Colombia, said it expected the operation to yield between 2,500 - 3,500 ounces of gold in the next three months, a...Read More

Canada's Orosur to shut Uruguay's San Gregorio West gold mine

Aug. 30, 2018, 6:50 AM / Cecilia Jamasmie

Canadian gold junior Orosur Mining (TSX, AIM:OMI) will close its San Gregorio West mine in Uruguay after lower than expected grades at the underground operation lead the company to post pre-tax loss of $27.18-million in the 2018 financial year.The miner, which has decided to focus on Colombia, said it expected the operation to yield between 2,500 - 3,500 ounces of gold in the next three months, a...Read More

Australia's Northern Star to buy gold mine in Alaska for $260 million

Aug. 30, 2018, 4:12 AM / Cecilia Jamasmie

Australia's Northern Star Resources (ASX:NST) is expanding overseas by acquiring Sumitomo Metal Mining Co and Sumitomo Corp's Pogo underground gold mine in Alaska for $260 million.Pogo, located southeast of Fairbanks city, is currently the eight largest gold mine in the US. It has produced 3.8 million ounces of gold over the past 12 years at an average mine grade of 13.6 grams per tonne.Pogo, lo...Read More

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