Mining Articles

Siyata Mobile Announces Record Quarter with 77% Revenue Increase Over Q1 2018

August 29, 2018 10:07:44 / Staff reporter

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce that its financial results for Q2 2018 mark a record quarter for Siyata.Highlights:Revenue for the quarter was $5.3MM compared to $3.0MM in Q1 2018, which is an increase of 77%;Received all major industry and Government approvals for Uniden (R) UV350 device, including FCC, Goo...Read More

Phoenix Global Mining seeks New York funds after London disappoints

Aug. 29, 2018, 10:04 AM / Reuters

LONDON, Aug 29 (Reuters) - Phoenix Global Mining, which is reopening a U.S. copper mine abandoned during World War II when its workforce left to fight, plans to list in New York in September after a disappointing launch on London's AIM market.The London market is dominated by institutional investors and junior miners trading on the AIM market for smaller companies have often struggled.After the co...Read More

Gold mine seeks road permit

Wed Aug 29 10:00:03 2018 / Staff reporter

CANON CITY - The U.S. Bureau of Land Management is seeking public comment through Sept. 4 on its environmental assessment for a proposed road that would access Zephyr Minerals goldRead full newsRead More

Chile's Antofagasta looks to expand mining operations in January

Aug. 29, 2018, 9:49 AM / Reuters

SANTIAGO, Aug 29 (Reuters) - Antofagasta Plc expects its board to approve a $1.3 billion expansion of its Los Pelambres copper mine before the end of the year with construction starting in January, the Chilean miner's chief executive officer said on Wednesday.The London-listed company said in February it had received environmental approval for the three-stage infrastructure upgrade, unveiled in 20...Read More

Nordic #Gold has a 2Mtpa plant, two pits dug and a share price of C12c. But @alex_hamer found some stumbling blocks...

Wed Aug 29 07:58:15 2018 / Alex Hamer

"Nordic #Gold has a 2Mtpa plant, two pits dug and a share price of C12c. But @alex_hamer found some stumbling blocks to greater value on his site visit ($) | https://t.co/wOcFTtwri5 #TSX"Read full newsRead More

Newmont to extend footprint in Colombia with Lyra gold project deal

Aug. 29, 2018, 7:57 AM / Cecilia Jamasmie

Shares in Canadian junior Miranda Gold (TSX-V:MAD) surged 17% on Wednesday after world number two gold producer Newmont Mining (NYSE:NEM) signed an option agreement to earn an interest in the company's Lyra gold project in Colombia.As part of the deal, Vancouver-based Miranda, will operate a $600,000 prospecting program funded by Newmont over 18 months or less, unless the applications are conver...Read More

Teck seeking partner for $4.8bn Quebrada Blanca mine expansion

Aug. 29, 2018, 5:10 AM / Cecilia Jamasmie

Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) is looking for a business partner before moving ahead with its Phase 2 at Quebrada Blanca copper mine in northern Chile.The Vancouver-based company, which earlier this month received regulatory approval for a $4.8-billion mine extension, said that before kicking off work, it would have to secure a development part...Read More

Teck seeking partner for $4.8bn Quebrada Blanca mine expansion

Aug. 29, 2018, 5:10 AM / Cecilia Jamasmie

Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) is looking for a business partner before moving ahead with its Phase 2 at Quebrada Blanca copper mine in northern Chile.The Vancouver-based company, which earlier this month received regulatory approval for a $4.8-billion mine extension, said that before kicking off work, it would have to secure a development part...Read More

@EquityClock Why didn't it do that when the dollar index rallied from 80 to 100 a couple of years ago ? Perhaps a...

Wed Aug 29 02:33:51 2018 / Equity Clock

"@EquityClock Why didn't it do that when the dollar index rallied from 80 to 100 a couple of years ago ? Perhaps a real global slowdown is underway.Just saying."Read full newsRead More

@EconguyRosie Perhaps the cost of living never stops going up, but in real inflation, commodities must rise. A m...

Wed Aug 29 02:29:43 2018 / David Rosenberg

"@EconguyRosie Perhaps the cost of living never stops going up,but in real inflation, commodities must rise. A monthly close above 206 and I'll agree with your inflation thesis."Read full newsRead More

@HedgehogTrader That choppy and overlapping pattern that has all of a sudden taken place since the selloff high sug...

Wed Aug 29 02:25:46 2018 / Hedgehog Trader

"@HedgehogTrader That choppy and overlapping pattern that has all of a sudden taken place since the selloff high suggests its a counter-trend move and will peak near or just above the last peak and then turn down.(the former trend before the high was impulsive looking -- but not since the high."Read full newsRead More

Forecast of large #nickel market deficits out to 2025 by mining analyst @duediligenceguy

Wed Aug 29 02:24:19 2018 / L

I'm on the record saying that there's a lot of money to be made speculating on the world's adoption of a new energy paradigm. Since becoming an energy metals bull, all of them except uranium have dropped in price. Does this change my outlook? No. Markets fluctuate. Metals markets do so with gusto. It's par ...Read full newsRead More

Forecast of large #nickel market deficits to 2025 and beyond by mining analyst @duediligenceguy...

Wed Aug 29 02:22:11 2018 / L

"Forecast of large #nickel market deficits to 2025 and beyond by mining analyst @duediligenceguy https://t.co/Os2LzKWnv0"Read full newsRead More

Bankers Provides Update on Exploration in DRC and Namibia

August 29, 2018 01:11:20 / Staff reporter

Vancouver, BC - Bankers Cobalt Corp. (TSXV: BANC) (OTCQB:NDENF) (the "Corporation" or "Bankers"), is pleased to announce an update on extensive exploration activity in the DRC and Namibia.Grant Dempsey, President and COO of Bankers stated: "Bankers has completed a significant amount of exploration work to date on 12 concessions in the DRC this year. A large portion of this work was completed durin...Read More

Venzee Reports Second Quarter 2018 Fiscal Results

August 29, 2018 01:09:30 / Staff reporter

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), ) is pleased to announce its financial results for the three and six months ended June 30, 2018. Revenues for the quarter were $47,480 (2017 - $40,894), an 80% increase over the first quarter of this year.During the quarter, the Company advanced its business strategy on several fronts, specifically:?EUR? Reinf...Read More

Today's OUTSIDE reversal day (higher high, lower low & lower close than previous day) increases odds significantly...

Wed Aug 29 00:21:51 2018 / Staff reporter

"Today's OUTSIDE reversal day (higher high, lower low & lower close than previous day) increases odds significantly that our short term cycles may have inverted to Blue cycle highs, red cycle lows.If so, gold should move lower into Sept 9th.Close above 1222 cancels inversion"Read full newsRead More

Newmont makes strategic investment in Evrim Resources

August 29, 2018 / Posted Trish Saywell

Shares of Evrim Resources (TSXV: ERM) surged 18.5% to $1.28 on news that Newmont Mining (NYSE: NEM) is acquiring 4.85 million shares of the company at $1.50 per share for a 5.2% stake.It's the first time Newmont has taken a position in the junior, although the two companies have been working together on generative exploration in North America for the last year, and had an earlier exploration allia...Read More

Buy These Bargain Stocks to Combat Any Future Crisis Situation

August 29, 2018 / Kay Ng

The North American stock markets have been roaring. Saying Barrick Gold (TSX:ABX)(NYSE:ABX) and Goldcorp (TSX:G)(NYSE:GG) have been laggards is an understatement. The gold-mining stocks have underperformed substantially for a number of years.If we roll back to 2008/2009 when we had a financial crisis, you'll notice that in late October 2008, the shiny metal stocks bottomed and had a nice upward tr...Read More

How to Invest in Electric Vehicle Stocks for Long-Term Success

August 29, 2018 / Victoria Hetherington

With the first true mass-market electric vehicle (EV) hitting the market from an unlikely (though apt) source, and new deals springing up all over the place, it seems as though the auto world is finally waking up to the reality of the EV market. Here are a few of the stocks that investors need to know about if they want to get in on the boom.The new car revolution has some unlikely players...Okay,...Read More

Despite Weak Silver, This Small-Cap Miner Will Soar

August 29, 2018 / Matt Smith

Fears of a trade war and other geopolitical uncertainties, despite being positive catalysts for precious metals, have failed to buoy gold and silver. There are a range of reasons for this, key being rising interest rates and a stronger U.S. dollar. While Trump's heated rhetoric on trade and international relations has ratcheted up economic volatility, growth remains strong, and that points to high...Read More

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