Mining Articles

US markets hit all-time highs, July 23-27

August 3, 2018 / Posted Northern Miner Staff

Spot gold prices fell US$$5.20 over the period at US$1,223.95 per oz. in the face of continued strength in the greenback. The Philadelphia Gold and Silver Index dropped 2.78 points to 76.79 and the Dow Jones Industrial Average advanced 392.94 points to 25,451.06 - hitting several all-time highs - while the S&P 500 Index surged 16.99 points to 2,818.82.After a year of sifting through bids, the worl...Read More

TSX Venture declines, July 23-27

August 3, 2018 / Posted Northern Miner Staff

The S&P/TSX Venture Composite Index fell 1% to end the trading week at 707.37.Sokoman Iron shares rose 263% to 15 ? after the company struck gold with the first hole at its recently acquired Moosehead Gold project in central Newfoundland.The hole found a quartz vein with 50 specks of visible gold at a hole depth of 115 metres - 80 metres up from the intended target of the drill hole. It was drille...Read More

Buzz on the Bullboards: Fastest Movers and the Up-and-Comers [

Thu Aug 02 21:05:46 2018 / Staff reporter

Normally on Buzz on the Bullboards, we provide the Stockhouse Community with a snapshot of recent Bullboard activity, often accompanied by an Investor Pulse Poll - providing you with information on current sentiment.This week we decided to do something different. In this week's Buzz, we're giving ...Read full newsRead More

Gold Seeker Closing Report: Gold and Silver Fall Again

2 August, 2018 / Chris Mullen, Gold Seeker Report

CloseGain/LossGold $1209.10-$7.00Silver$15.33-$0.06XAU75.39-0.63%HUI163.31-0.69%GDM584.49-0.81%JSE Gold1071.50+3.96USD95.15+0.50Euro115.90-0.72Yen89.64+0.08Oil$68.96+$1.3010-Year2.983%-0.022T-Bond142.4375+0.21875Dow25326.16-0.03%Nasdaq7802.69+1.24%S&P2827.22+0.49% The Metals: Gold gained $4.40 to $1220.50 in Asia before it dropped back to $1213.40 in London and then bounced back to gains i...Read More

Gold to Enter New Bull Market - Charles Nenner

2 August, 2018 / GoldCore

"Gold is going to enter a new bull market""The first cycle will bottom after the summer""$1,212 per ounce is our downside target""It's going to top $2,500 per ounce . . . in about two years or so""Gold is in a bull market even though it came down from $1,900 per ounce"In our featured video today, Greg Hunter interviews Charles Nenner, President of The Charles Nenner Research Centre. Previously o...Read More

Asian Metals Market Update: Aug 2 2018

2 August, 2018 / Chintan Karnani, Insignia Consultants

Gold and silver fell yesterday as traders remained on the sidelines. A key reason for gold and silver to fall is that they are not attracting new investors. The current bunch of gold investors are not investing aggressively. Physical buyers are fence sitters. Today gold and silver demand will be very high in Asia. Asian demand should prevent a big correction in prices. Physical premiums in gold...Read More

VVC Exploration Intersects Additional Significant Near Surface Copper Mineralization In Drilling on the Samalayuca...

Thu Aug 02 19:49:44 2018 / Staff reporter

"VVC Exploration Intersects Additional Significant Near Surface Copper Mineralization In Drilling on the Samalayuca Property, Chihuahua State, MX https://t.co/nH06uYZ2LW #investing #copper"Read full newsRead More

RT @ReutersBiz: UPDATE: Tesla shares hit session high in late afternoon, last up 15.8 percent

Thu Aug 02 19:49:35 2018 / Reuters Business

Shares of Tesla Inc jumped more than 12 percent on Thursday, after the company convinced investors that it was able to yield positive cash flow and turn a profit, and Chief Executive Officer Elon Musk apologized for past incendiary remarks.Read full newsRead More

Cobalt Blockchain and DLT Labs Form Joint Venture to Release Mintrax?,,? Blockchain Platform for Mineral Traceability...

Thu Aug 02 19:40:25 2018 / Staff reporter

"Cobalt Blockchain and DLT Labs Form Joint Venture to Release Mintrax?,,? Blockchain Platform for Mineral Traceability https://t.co/vGaUZdecvD #investing #blockchain"Read full newsRead More

Opportunities in Nova Scotia's Golden Revival

Thu Aug 02 19:10:01 2018 / Osprey Gold

The best place to find a new mine is in the shadow of an old mine, says a well-known adage, and Nova Scotia's historic gold camps are proving it's true.Read full newsRead More

Sibanye-Stillwater successfully acquires stake in DRDGOLD

Thu Aug 02 18:45:05 2018 / Staff reporter

After initiating the deal in November of last year, Sibanye has officially acquired a 38.05-percent stake in DRDGOLD. It will unlock the value of the company's under-utilized surface infrastructure.Read full newsRead More

RT @CoolElectricCar: Tesla expects Gigafactory 3 in China to cost $5 billion, report says

Thu Aug 02 18:34:28 2018 / Electric Cars

Tesla confirmed plans to build a Gigafactory in China last month after reaching a preliminary deal with the local Shanghai government, but it didn't disclose how much it is expected to cost o...Read full newsRead More

Osisko Gold Royalties earns $511,000 in Q2 2018

2018-08-02 18:11 / Mr. Sean Roosen reports

Mr. Sean Roosen reportsOSISKO REPORTS SECOND QUARTER 2018 RESULTS Osisko Gold Royalties Ltd. has provided its consolidated financial results for the second quarter ended June 30, 2018, and an update on matters following quarter-end. Highlights Earned 20,506 gold equivalent ounces1 ("GEOs"), in-line with the 2018 annual guidance of 77,500 to 82,500 GEOs, given the results to date and various asset...Read More

Osisko Gold Royalties to pay five-cent dividend

2018-08-02 18:00 / Mr. Sean Roosen reports

Mr. Sean Roosen reportsOSISKO DECLARES 16TH CONSECUTIVE QUARTERLY DIVIDENDOsisko Gold Royalties Ltd. will pay a third quarter 2018 dividend of five cents per common share. The dividend will be paid on Oct. 15, 2018, to shareholders of record as of the close of business on Sept. 28, 2018. For shareholders residing in the United States, the U.S.-dollar equivalent will be determined based on the dail...Read More

RenGold, Newmont expand Nevada project

Aug. 2, 2018, 4:56 PM / Valentina Ruiz Leotaud

Prospector Renaissance Gold (TSX.V:REN) announced today that it has entered into a mining sublease agreement with Newmont US which would allow for the expansion of the Ecru Project, located in Lander County, Nevada.Under the terms of the agreement, RenGold will add approximately 1120 acres of mineral rights adjacent to Ecru, which sits on the Battle Mountain-Eureka trend of gold deposits.The lease...Read More

RenGold, Newmont expand Nevada project

Aug. 2, 2018, 4:56 PM / Valentina Ruiz Leotaud

Prospector Renaissance Gold (TSX.V:REN) announced today that it has entered into a mining sublease agreement with Newmont US which would allow for the expansion of the Ecru Project, located in Lander County, Nevada.Under the terms of the agreement, RenGold will add approximately 1120 acres of mineral rights adjacent to Ecru, which sits on the Battle Mountain-Eureka trend of gold deposits.The lease...Read More

No love for KAZ mega copper project

Aug. 2, 2018, 4:51 PM / Frik Els

Shares in KAZ Minerals plunged on Thursday after the Kazakh miner said it has completed a $900 million cash and shares deal to buy the Baimskaya project in the Chukotka region of Russia from a group of investors including Chelsea soccer club owner Roman Abramovich.KAZ stock dropped 33% on New York over the counter markets affording the company a $3.3 billion valuation. KAZ calls Baimskaya "one of...Read More

No love for KAZ mega copper project

Aug. 2, 2018, 4:51 PM / Frik Els

Shares in KAZ Minerals plunged on Thursday after the Kazakh miner said it has completed a $900 million cash and shares deal to buy the Baimskaya project in the Chukotka region of Russia from a group of investors including Chelsea soccer club owner Roman Abramovich.KAZ stock dropped 33% on New York over the counter markets affording the company a $3.3 billion valuation. KAZ calls Baimskaya "one of...Read More

#Apple Just Became The First Trillion Dollar Public Company | Zero Hedge

Thu Aug 02 16:41:19 2018 / Staff reporter

Thanks in part to an incessantly shrinking float, Apple just became the first publicly-traded company to be worth more than $1 trillion...Read full newsRead More

How can #resource investors see success? @Brien_Lundin of @GoldNewsletter says it's important to ignore the emotion...

Thu Aug 02 16:30:27 2018 / Brien Lundin

"How can #resource investors see success? @Brien_Lundin of @GoldNewsletter says it's important to ignore the emotions of the markets: https://t.co/9uDxnQgkXY #investing #Sprott2018"Read full newsRead More

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