Mining Articles

RBC has downgraded Rio Tinto over the #iron ore outlook and rising costs. New target price is 17% below current SP...

Wed Jul 25 14:22:19 2018 / Staff reporter

"RBC has downgraded Rio Tinto over the #iron ore outlook and rising costs. New target price is 17% below current SP ($) | https://t.co/6kzqVZNuha $RIO #RIO"Read full newsRead More

Gold Resource Corporation Declares July Monthly Dividend @resource_gold

Wed Jul 25 14:07:38 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 July 2018 payable on August 23, 2018 to shareholders of record as of August 13, 2018. Read full newsRead More

China's Gold Output Falls 7.9% In First Half Of 2018

Wed Jul 25 13:39:30 2018 / Staff reporter

(Kitco News) - The world's top gold-producing nation posted a drop in output during the first half of the year as miners feel the effects of tighter environmental regulations, according to the latest data from the China Gold Association.Read full newsRead More

China's Gold Output Falls 7.9% In First Half Of 2018

Wed Jul 25 13:39:30 2018 / Staff reporter

(Kitco News) - The world's top gold-producing nation posted a drop in output during the first half of the year as miners feel the effects of tighter environmental regulations, according to the latest data from the China Gold Association.Read full newsRead More

MGX announces aquisition of Salinitas Lithium Brine Project at Salinas Grande Salar, Agentina

Jul. 25, 2018, 12:58 PM / MGX Minerals Inc.

VANCOUVER, BRITISH COLUMBIA / July 25, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce it has entered into an Option Agreement (the "Agreement") with A.I.S. Resources (TSX.V: AIS) to acquire an 80% interest in the Salinitas lithium brine mining tenements ("Salinitas" or the "Project") located in the lithium triangle of Argentina, Salar...Read More

RT @tbiesheuvel: GM whacked by surging metal prices. Expect a lot more of this as steel price inflation kicks in

Wed Jul 25 12:33:38 2018 / Thomas Biesheuvel

General Motors Co. has become the highest-profile American company to fall victim to Donald Trump's trade wars by cutting its profit forecast for this year on surging prices for steel and aluminum.Read full newsRead More

3 ways to continue mining's journey toward sustainability

Jul. 25, 2018, 12:30 PM / Firmatek

According to the sustainable development division of the United Nations, in the 20th century, the large-scale extraction of minerals used in construction increased by 34 times, while the extraction of industrial minerals and ores increased by 27 times. Both of these figures show that the increase in the pace of resource extraction significantly outpaced the increase of the global population, which...Read More

Genesis Metals develops geological model for Chevrier

2018-07-25 12:28 / Mr. Brian Groves reports

Mr. Brian Groves reportsGENESIS DEVELOPS A NEW GEOLOGICAL MODEL FOR THE CHEVRIER GOLD PROJECTGenesis Metals Corp. has provided an update on the results of modelling of gold mineralization within the Main zone at the Chevrier gold project near Chibougamau, Que.It is the first time after the drilling of 213 drill holes over 29 years that a comprehensive and robust geological model has been developed...Read More

First significant Dysprosium producer outside of China to open plant on Friday

Jul. 25, 2018, 12:05 PM / Oz Financial

Australian explorer Northern Minerals (ASX: NTU) is set to officially open their Pilot Plant on July 27 which marks a significant milestone in the Company's goal of becoming the most significant producer of Dysprosium outside of China.The Pilot Plant is the first of three stages within Northern's Browns Range Project, located 160km southeast of Halls Gap in Western Australia, which will produce ra...Read More

McEwen mining Black Fox exploration news

Jul. 25, 2018, 11:55 AM / Globe Newswire

TORONTO, July 25, 2018 (GLOBE NEWSWIRE) - McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) reports additional encouraging exploration results from its ongoing $15 million exploration program at the Black Fox Complex near Timmins, Ontario, Canada.McEwen's 2018 exploration goals are to grow known deposits and make new discoveries to contribute to near-term gold production. During Q2 a total of 129,000 ft (39...Read More

Freeport profit jumps, miner flags market jitters over trade rows

Jul. 25, 2018, 11:30 AM / Reuters

TORONTO, July 25 (Reuters) - Freeport-McMoRan Inc, the world's biggest publicly listed copper miner, reported bigger-than-expected earnings on Wednesday, as production and prices soared above last year, but flagged market jitters from global trade disputes.Uncertainty around the economic impact of a U.S.-China trade war has pushed copper prices lower in recent weeks, but Phoenix-based Freeport has...Read More

Don’t Consider Price When Looking to Buy Cheap Stocks

Jul 25, 2018, 11:24 am / Will Healy, InvestorPlace Contributor

A critical ability in succeeding in stock market investing involves understanding the concept of a “cheap stock.” Mastering this idea requires more than finding the lowest share price. Making money by buying cheap stocks involves not only understanding a stock’s price, it also means knowing what that price buys.Cheap Stocks and Normal Stock PricesThe most critical concept investo...Read More

Why This Natural Gas Stock Could Be a Gold Mine for Income Investors

Wed Jul 25 11:21:05 2018 / Staff reporter

This dividend stock is cashing in on one of the most lucrative opportunities in North America's ongoing energy boom. And no, it's not the Permian Basin.Read full newsRead More

AngloGold Names Barrick's Dushnisky CEO Amid Shifting Mine Rules

Wed Jul 25 10:38:05 2018 / Staff reporter

AngloGold Ashanti Ltd. hired Barrick Gold Corp. President Kelvin Dushnisky as chief executive officer as the world's No. 3 gold producer grapples with regulatory challenges from South Africa to Tanzania.Read full newsRead More

BHP final pay offer to Escondida workers falls short of union demands

Jul. 25, 2018, 10:33 AM / Cecilia Jamasmie

Unionized workers at Chile's Escondida copper mine, the world's largest, are discussing the final wage offer presented Wednesday by majority owner and operator BHP (ASX, NYSE:BHP) (LON:BLT), which looks shy of what employees wanted.The company has offer workers a signing on bonus of $27,000, up from an earlier offer of $23,000, plus a 1.5% salary increase, but still well under the bonus up to $4...Read More

Base Resources posts record quarterly rutile production in Kenya

Jul. 25, 2018, 10:29 AM / Reuters

NAIROBI, July 25 (Reuters) - Base Titanium, a subsidiary of Australian junior miner Base Resources Ltd, said on Wednesday that it posted record quarterly production of the mineral rutile in Kenya.Base Titanium said it produced 24,451 tonnes of the mineral, which is used to make refractory ceramics and titanium metal, compared with 22,762 tonnes in the same period last year.The mineral sands produc...Read More

Dynacor Gold produces 20,610 oz Au in Q2 2018

2018-07-25 09:52 / Mr. Jean Martineau reports

Mr. Jean Martineau reportsDYNACOR PRODUCES 20,610 OUNCES OF GOLD IN Q2-2018Dynacor Gold Mines Inc. has released its June, 2018, and Q2 2018 gold production. In June, 2018, the corporation produced 6,733 ounces of gold at its Veta Dorada plant while its plant operated at an average daily processing rate of 278 tonnes per day. For the second quarter of 2018, gold production amounted to 20,610 oz, sl...Read More

Terrax samples 1.8 m of 53.85 g/t Au at Yellowknife

2018-07-25 09:48 / Mr. Joseph Campbell reports

Mr. Joseph Campbell reportsTERRAX EXTENDS PTARMIGAN ZONE 400 METRES NORTHWEST; PTARMIGAN CHANNEL SAMPLING RETURNS 53.85 G/T AU OVER 1.80 MTerrax Minerals Inc. has provided further assay results from the company's continuing summer field programon the Yellowknife City gold project.David Suda, president and chief executive officer, stated: "The summer program continues to yield results that confirm...Read More

Wheaton closes streaming deal with gold miner Sibanye

Jul. 25, 2018, 9:30 AM / Cecilia Jamasmie

Canada's Wheaton Precious Metals (TSX:WPM), the world's No.1 silver streaming company and Sibanye's (JSE: SGL) (NYSE:SBGL) closed Wednesday a deal through which Weathon buys buy all gold production from Stillwater and East Boulder mines in Montana.Wheaton has bought all of Stillwater's gold production for the life of the mine and, initially, also 4.5% of its total palladium output.The Vancouver-ba...Read More

Talison will spend A$500M on a new 520ktpa #lithium plant at Greenbushes ($) |

Wed Jul 25 09:27:31 2018 / Staff reporter

Albemarle/Tianqi-owned company approves second expansion at GreenbushesRead full newsRead More

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