The Guyana Goldfields Aurora gold mine in northwest Guyana, South America. Source: Guyana Goldfields Inc.Guyana Goldfields Inc. [GUY-TSX; OTC-GUYFF] took a steep tumble Tuesday October 30 following a downward revision in its 2018 gold production guidance.In a press release that also contained the company's third quarter operational and financial results, the company said 2018 production guidance h...Read More
Einstein called it the most powerful force in the universe and the eighth wonder of the world.Warren Buffett said it was the secret to wealth.It's also why vampires are stupid rich.I'm talking about compound interest. Perhaps you'd like to learn more about this powerful force and the secret to true wealth. Well, I'll tell you.First of all, there are two basic ways to calculate interest: simple and...Read More
An updated preliminary economic assessment of Marathon Gold's (TSX: MOZ) Valentine Lake project in Newfoundland, which was based on 20,000 metres of additional drilling since February, among other work, demonstrates stronger economics than an earlier PEA completed in May.The new PEA estimates the project will produce 2.72 million ounces of gold, an average of 225,100 ounces per year, over a 12-yea...Read More
OceanaGold (TSX: OGC; ASX: OGC) has announced new high grade gold intersections from its Martha gold project at its Waihi gold mine in New Zealand. The company will include the latest results in an underground resource model for Martha it will release later this year.In August 2018, the company announced it had increased Martha's indicated resource by 700% to 760,000 indicated tonnes grading 5.8 g...Read More
Two years ago New Age Metals (TSX: NAM; US-OTC: PAWEF) became one of the largest claim holders in the Winnipeg River Pegmatite Field of southeastern Manitoba, 125 km northeast of Winnipeg.Through staking and acquisitions, the junior acquired 6,000 hectares and five hard-rock lithium projects that contain spodumene-bearing pegmatites near or adjacent to the Tanco pegmatite, a lithium-cesium-tantalu...Read More
Excelsior Mining (TSX: MIN; US-OTC: EXMGF) plans to complete construction at its Gunnison copper project in southeastern Arizona and enter production over the next year after agreeing to a US$75 million project financing package with Triple Flag Mining Finance.Triple Flag will buy a US$65 million copper stream on Gunnison and US$10 million in shares from Excelsior. The package includes an option f...Read More
Two years ago, New Age Metals (TSXV: NAM; US-OTC: NMTLF) became one of the largest claim holders in the Winnipeg River pegmatite field of southeastern Manitoba, 125 km northeast of Winnipeg.Through staking and acquisitions, the junior acquired 60 sq. km and five hard-rock lithium projects that contain spodumene-bearing pegmatites next to lithium-cesium-tantalum Tanco pegmatite, which has been mine...Read More
Industry experts discuss applications for big data in mining at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Moderator: John Cumming, The Northern Miner editor-in-chief.Panellists (from left): Talia Dabby, PwC Canada director; Glenn Mullan, PDAC president; Humera Malik, Canvas Analytics CEO; Gordon Stothart, Iamgold executive vice-presiden...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Scania Australia revealed the new XT mining and construction range next-generation trucks at Melbourne's International Mining and Resources Conference (IMARC) today, giving the industry the first opportunity to examine the extra-tough truck in the metal.The all-new extra-tough Scania XT delivers a highly robust range of solutions for a wide variety of applications and can be configured precisely t...Read More
To be considered an ethical, investors must weigh up the development impact, sustainability and profitability in equal portion according to Namrata Thapar."In my view profitability and strong environmental, social and governance practices go hand in hand," said IFC's Global Head of Mining during a presentation at the International Mining and Resources Conference (IMARC) in Melbourne today.The IFC...Read More
Miners must prepare their workforce today, to meet the demands of tomorrow's digital age, or risk future growth and innovation.Gaston Carrion, talent and organisation lead for Accenture's resources practice in Australia and New Zealand, told IMARC 2018 delegates that as the use of autonomous vehicles and other advanced technologies increases, the profile of the future mining workforce could change...Read More
While average realised prices have been strong for the most recent fiscal year, BHP's Chief Commercial Officer, Arnoud Balhuizen has warned to not get too caught up with the numbers alone."Prices have generally benefited disciplined owner-operators with high quality assets, particularly those producing bulk commodities such as iron ore and coal."We cannot get too caught up by prices through, we mu...Read More
Software solutions are inspiring strategic partnerships between the mining industry and education providers as they collaborate to support skills growth across Victoria's METS sector.The tech-led transformation of the global mining industry is unlocking vast potential across the resources sector but, in many instances, the new landscape requires people with new skills.Upskilling people to work in...Read More
"North American traders and investors seeking to maximize access to international precious metals markets may want to look at the Dubai Gold and Commodities Exchange. https://t.co/XyALFRq0zm #Investing #Resource #Gold"Read full newsRead More