Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per tonne for 474,743 oz. gold. It also updated the project's indicated resource, which now totals 981,465 tonnes at 7.5 grams gold for 237,897 oz. gold.Father Brown consists of the Father Brown and Adoikrom pits, which the company...Read More
At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals Council South Africa said on Friday.The Association of Mineworkers and Construction Union (AMCU) has been on strike at Sibanye's bullion operations since mid-November and plans to extend the strike to its plati...Read More
Rescuers have retrieved another 13 bodies from a disused South African coal mine following a gas blast there around two weeks ago, police said on Friday, raising the confirmed death toll to 18.More than 20 people were trapped underground in early February when a gas pipe exploded after they entered the mine to steal copper wire that supplies power for lighting and ventilation.Rescuers had to abort...Read More
Regional exploration last year on its Indin Lake property, 200 km north of Yellowknife in the Northwest Territories turned up high-grade gold in grab samples taken in three different areas including 174.50 grams gold per tonne at Fishhook, the southernmost project on its 899-sq-km land package, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) reports.Fishhook consists of several historical gold showings s...Read More
Regional exploration last year on its Indin Lake property, 200 km north of Yellowknife in the Northwest Territories turned up high-grade gold in grab samples taken in three different areas including 174.50 grams gold per tonne at Fishhook, the southernmost project on its 899-sq-km land package, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) reports.Fishhook consists of several historical gold showings s...Read More
Shares in Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) climbed on Friday after the miner said it is ready to grow its yearly output to more than 500,000 ounces next year, supported by the restart of its K????lada?? gold mine in Turkey, and the soon-to-be coming online Lamaque project in Canada.The Vancouver-based miner cancelled plans last month to build a $500-million processing mill at K????lada...Read More
Shares in Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) climbed on Friday after the miner said it is ready to grow its yearly output to more than 500,000 ounces next year, supported by the restart of its K????lada?? gold mine in Turkey, and the soon-to-be coming online Lamaque project in Canada.The Vancouver-based miner cancelled plans last month to build a $500-million processing mill at K????lada...Read More
Canada's Pan American Silver (TSX:PAA) (NASDAQ:PAAS) announced Friday that it has completed the $1.07-billion buyout of Tahoe Resources by acquiring all of the issued and outstanding shares of the precious metals miner.Pan American expects to produce between 26.5 million ounces and 27.5 million ounces of silver this year, with gold output in the range of 162,500 ounces to 172,500 ounces.Based on t...Read More
Canada's Pan American Silver (TSX:PAA) (NASDAQ:PAAS) announced Friday that it has completed the $1.07-billion buyout of Tahoe Resources by acquiring all of the issued and outstanding shares of the precious metals miner.Pan American expects to produce between 26.5 million ounces and 27.5 million ounces of silver this year, with gold output in the range of 162,500 ounces to 172,500 ounces.Based on t...Read More
Canada's ZEN Graphene Solutions (TSXV: ZEN) issued a press release this week stating that management is optimistic about the company's project to transform mine tailings into cement replacement material.The experiment is being carried out at the University of British Columbia's Okanagan campus and it makes use of the tailings from the Albany graphite project, located in northeastern Ontario."Early...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's second-largest gold producer, may eclipse its recent and perhaps overly-analyzed merger with Randgold Resources by buying rival gold major Newmont (NYSE:NEM) in a $19 billion all-share deal.Commenting on media speculation, the Canadian miner confirmed it had reviewed the opportunity to merge with the US miner in an all-share zero premium tran...Read More
The world's biggest undeveloped gold and copper mining project, planned in ...Read full newsRead More
"$ACRE - Ares Commercial Real Estate Corporation (ACRE) CEO Jamie Henderson on Q4 2018 Results - Earnings Call Transcript https://t.co/APavZM8VNV"Read full newsRead More
(Compares with estimates, adds industry background, costs and production)Read full newsRead More
The world's biggest undeveloped gold and copper mining project, planned in ...Read full newsRead More
In a one hour and forty-five minute conference call on Feb. 13, barely seven weeks after the merger of Barrick Gold (TSX: ABX; NYSE: GOLD) and Randgold Resources became effective on Jan. 1, newly installed president and CEO Mark Bristow said he was excited "by the prospect of putting the Barrick brand back where it belongs, and that is at the head of the gold mining industry," and that the new tea...Read More
Harte Gold's (TSX: HRT; US-OTC: HRTFF) Sugar Zone gold mine in northern Ontario reached commercial production on Jan. 1, and permitting is underway to increase throughput to 800 tonnes per day.In the meantime, the company has just folded into a revised resource estimate, 90,000 metres of infill and step-out drilling it completed last year across the Sugar, Middle and Wolf Zones.The drill program e...Read More
Talk that nickel stocks are being run down gave a boost to some of the nickel mining companies in a week where gold and copper posted high points. Ambitious Canadian explorer FPX Nickel Corp (FPX.V) shared an infographic by commodities giant Glencore, which projected likely inventory drawdowns for nickel, zinc and copper for 2019. In the case of nickel and zinc, inventory declines were fo...Read More
Galway Metals (GWM.V, GAYMF) is a Canadian exploration stock with two prospective projects located in strategic locations. Fundamentally, some things stand out.1. InsidersOver 30% of outstanding shares are in the hands of management and insiders. High quality management as both CEO and Chief Geo come from Kirkland Lake Gold (KL.TO) where they also held management positions. Another reputable insid...Read More
Energy, mining, and Canadian cannabis continue to offer growth investors the potential for upside - though not all of these industries provide stocks with the same mix of value, outlook, and passive income. The following representative stocks are a good place to start if you're looking for high expected growth in earnings over the next couple of years, so without further ado, let's take a look at...Read More