Mining Articles

Rockhaven Resources arranges $600,000 private placement

2018-08-28 12:32 / Mr. Matt Turner reports

Mr. Matt Turner reportsROCKHAVEN ANNOUNCES PRIVATE PLACEMENT Rockhaven Resources Ltd. has arranged a four-million-unit private placement with Strategic Metals Ltd., Rockhaven's largest shareholder. The units will be sold at a price of 15 cents per unit, for total proceeds of $600,000. Each unit will consist of one common share and one-half of a share purchase warrant, with each whole warrant to en...Read More

Historic gold mining tunnel to be opened to public

Tue Aug 28 12:27:04 2018 / Staff reporter

CASPER, Wyo. (AP) - A 300-foot mining tunnel in central Wyoming that was abandoned soon after its construction in 1868 is being opened to the public.The Casper Star-Tribune reports that the horizontal tunnel carved into rock on a hillside at South Pass City State Historic Site will open for tours Sept 1.Superintendent Joe Ellis says the tunnel was constructed largely by hand, with workers using pi...Read More

Gold Resource Corporation Declares August Monthly Dividend @resource_gold

Tue Aug 28 12:25:30 2018 / Gold Resource Corp

Gold Resource Corporation (NYSE:GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for August 2018 payable on September 24, 2018 to shareholders of record as of September 11, 2018. Read full newsRead More

Algold Drilling Intersects 16.27 g/t Au Over 13 Meters @AlgoldResources

Tue Aug 28 11:59:58 2018 / Algold Resources

Algold Resources Ltd. (TSXV:ALG - the "Corporation") today announced further assay results from its Phase IV 25,000-meter drilling campaign carried out on the Corporation's Tijirit property ("Tijirit") in Mauritania.Read full newsRead More

Chinese, Russian-owned companies place binding bids for Serbian copper mine

Aug. 28, 2018, 11:51 AM / Reuters

BELGRADE, Aug 28 (Reuters) - China's Zijin Mining and Russian-owned U Gold have sent valid bids for a strategic partnership in RTB Bor, Serbia's only copper mine and smelter, mining and energy minister Aleksandar Antic said on Tuesday.In July, Belgrade invited bids for a partner to invest at least $350 million in debt-laden RTB Bor but did not say how big a stake it would offer in return.Under the...Read More

Turquoise Ridge turns copper into gold for schools

Tue Aug 28 10:50:57 2018 / Staff reporter

WINNEMUCCA - Construction of a third shaft is underway at Barrick's Turquoise Ridge mine, and although the project isn't expected to be completed until 2022, it has already yielded anRead full newsRead More

Gold Posts First Weekly Rise Since July: 5 Fund Picks

Tue Aug 28 10:50:56 2018 / Staff reporter

With gold prices shining, investors could eye mutual funds that have significant exposure to the precious metals sectorRead full newsRead More

Implied Volatility Surging for New Gold (NGD) Stock Options

Tue Aug 28 10:50:54 2018 / Staff reporter

New Gold (NGD) needs investors to pay close attention to the stock based on moves in the options market lately.Read full newsRead More

Looking back: Oil discovery in western Pa. spurred Greene gold rush

Tue Aug 28 10:50:52 2018 / Staff reporter

On Aug. 27, 1859, near a small town in rural Pennsylvania, oil was struck. At a depth of 69 feet, oil was found at Drake's Well in Venango County. ThisRead full newsRead More

The Beginner's Guide to Investing in Gold

Tue Aug 28 10:50:50 2018 / Staff reporter

Gold is a simple thing to understand, but it can be a complex investment when you drill down into the details. Here's everything you need to know.Read full newsRead More

Historic Wyoming gold mining town opens tunnel that had been undisturbed for 150 years

Tue Aug 28 10:50:50 2018 / Staff reporter

Workers, blasting supplies, rail and mine cars arrived in Wyoming from across the country in 1868 to carve a tunnel into a rock hillside at South Pass City, founded 150Read full newsRead More

Chaarat Gold Holdings says it is about to sign off on a US$75M polymetallic mine acquisition but won't say what or...

Tue Aug 28 10:01:00 2018 / Staff reporter

"Chaarat Gold Holdings says it is about to sign off on a US$75M polymetallic mine acquisition but won't say what or where the project is | https://t.co/ODtB2ZjZ5u $CGH"Read full newsRead More

The Beginner's Guide to Investing in Gold

Tue Aug 28 09:56:46 2018 / Staff reporter

Gold is a simple thing to understand, but it can be a complex investment when you drill down into the details. Here's everything you need to know.Read full newsRead More

Russia may buy aluminium for state stocks to support Rusal -minister

Aug. 28, 2018, 9:44 AM / Reuters

NOVOSIBIRSK, Russia, Aug 28 (Reuters) - Russia has a plan to support world No.2 aluminium producer Rusal against U.S. sanctions put in place in April, including by purchasing the metal for state stocks, Industry Minister Denis Manturov told reporters on Tuesday.The U.S. Treasury Department placed Russian businessman Oleg Deripaska and Rusal, which he controls, on a blacklist that month, freezing t...Read More

Acacia Mining searches for chairman as Dushnisky leaves for AngloGold

Aug. 28, 2018, 9:20 AM / Cecilia Jamasmie

Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country's president, is losing its chairman.Kelvin Dushnisky, who leaves Acacia and its parent company Barrick Gold (TSX, NYSE:ABX), will become South Africa's AngloGold Ashanti (JSE:ANG) (NYSE:AU) new boss.He will be replaced on interim basis by Rachel English, one of Acacia's non-executive directors, Ac...Read More

Acacia Mining searches for chairman as Dushnisky leaves for AngloGold

Aug. 28, 2018, 9:20 AM / Cecilia Jamasmie

Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country's president, is losing its chairman.Kelvin Dushnisky, who leaves Acacia and its parent company Barrick Gold (TSX, NYSE:ABX), will become South Africa's AngloGold Ashanti (JSE:ANG) (NYSE:AU) new boss.He will be replaced on interim basis by Rachel English, one of Acacia's non-executive directors, Ac...Read More

#Stocks Soar To Record Highs As #Dollar Dumps To 1-Month Lows | Zero Hedge

Tue Aug 28 09:18:04 2018 / Staff reporter

Record highs... what to do now? Chinese stocks soared as the week opened (with tech-heavy CHINEXT up 3%)...Read full newsRead More

Mineral Mountain intersects 21 m wide structure

2018-08-28 09:10 / Mr. Nelson Baker reports

Mr. Nelson Baker reportsMINERAL MOUNTAIN INTERSECTS 21.0 M WIDE (68.8 FT) EAST LIMB STRUCTUREIN ST18-007Mineral Mountain Resources Ltd. and its subsidiary Mineral Mountain Resources (SD) Inc. have terminated drill hole ST18-007 at a depth of 510 metres (1,673.2 feet) and the companies were successful in intersecting multiple intervals of highly contorted, folded,mineralized iron formation with var...Read More

The Paulson/Detour fight is rumbling on, with the #gold producer's shareholders voting on the activist's proposals...

Tue Aug 28 07:41:45 2018 / Staff reporter

"The Paulson/Detour fight is rumbling on, with the #gold producer's shareholders voting on the activist's proposals in December | https://t.co/3W6Y1Bvyir #TSX $DGC"Read full newsRead More

World's 'most beautiful' electric car to hit the road in 2020

Aug. 28, 2018, 7:27 AM / Cecilia Jamasmie

Jaguar Land Rover Classic has dropped a bombshell in the growing electric vehicles (EVs) sector by announcing the start of production for its 'E-Type Zero' car, said to be "the most beautiful" of its kind in the world.Designed by Italian racing driver Enzo Ferrari, the body and style of this electric car was inspired by the E-Type series of the 1960s.Customers who already own classic E-types wi...Read More

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