Mining Articles

Moody's weighs in on Vale dam disaster

Jan. 31, 2019, 2:56 PM / Northern Miner Staff

Potential liabilities from the collapse of a tailings dam at Vale's Feijao iron ore mine in Brazil that has left at least 99 people dead and another 250 people missing has resulted in Moody's Investors Service placing the company's senior unsecured ratings on review for downgrade, along with the ratings on debt issues of Vale Overseas Ltd. and the senior unsecured ratings of Vale Canada Ltd."Altho...Read More

Moody's weighs in on Vale dam disaster

Jan. 31, 2019, 2:56 PM / Northern Miner Staff

Potential liabilities from the collapse of a tailings dam at Vale's Feijao iron ore mine in Brazil that has left at least 99 people dead and another 250 people missing has resulted in Moody's Investors Service placing the company's senior unsecured ratings on review for downgrade, along with the ratings on debt issues of Vale Overseas Ltd. and the senior unsecured ratings of Vale Canada Ltd."Altho...Read More

Pacton Gold (@PactonGold) (#TSXV: $PAC | #OTC: $PACXF) Commences Heliborne Magnetic Survery at Red Lake Gold Projec...

Thu Jan 31 14:40:07 2019 / Pacton Gold

"Pacton Gold (@PactonGold) (#TSXV: $PAC | #OTC: $PACXF) Commences Heliborne Magnetic Survery at Red Lake Gold Project in Ontario, Canada [https://t.co/iKbERlftJg]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #gold"Read full newsRead More

Yield Growth (@yieldgrowth) (#CSE: $BOSS | #OTC: $BOSQF) 20 Retail Locations for Urban Juve Product Distribution [...

Thu Jan 31 14:36:23 2019 / The Yield Growth Corp.

"Yield Growth (@yieldgrowth) (#CSE: $BOSS | #OTC: $BOSQF) 20 Retail Locations for Urban Juve Product Distribution [https://t.co/V17ElbDwjZ]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #health #wellness #hemp"Read full newsRead More

Flowr (@FlowrCanada) (#TSXV: $FLWR | #OTC: $FLWPF) to Launch Cannabis Clone and Seed Sales in Second Quarter [...

Thu Jan 31 14:32:54 2019 / FlowrCanada

"Flowr (@FlowrCanada) (#TSXV: $FLWR | #OTC: $FLWPF) to Launch Cannabis Clone and Seed Sales in Second Quarter [https://t.co/UhfVneiBo3]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #marijuanastocks #potstocks"Read full newsRead More

ProMIS (@ProMISinc) (#TSX: $PMN | #OTCQB: $ARFXF) Selectivity for the Toxic Oligomer Essential to Treating Root Cau...

Thu Jan 31 14:30:54 2019 / ProMIS Neurosciences

"ProMIS (@ProMISinc) (#TSX: $PMN | #OTCQB: $ARFXF) Selectivity for the Toxic Oligomer Essential to Treating Root Cause of #AlzheimersDisease [https://t.co/GVaHZaZvec]#investing #stocks #stockmarket #trading #investors #news #business #investments #alzheimers #neuroscience"Read full newsRead More

Tetra Bio-Pharma Enters into Definitive Agreement to Acquire Panag Pharma Inc. -- #TetraBioPharma $TBP...

Thu Jan 31 14:29:28 2019 / Staff reporter

"Tetra Bio-Pharma Enters into Definitive Agreement to Acquire Panag Pharma Inc. --#TetraBioPharma $TBP #MedicinalMarijuana #momentumstocks #MedicalMarijuana #Cannabinoid @TetraBioPharma #PainRelief #potstocks #cbd #thc--Read the News Release here: https://t.co/kSFEzxl0h9"Read full newsRead More

EY appoints new global mining and metals leader

Jan. 31, 2019, 2:17 PM / MINING.com Editor

EY has announced the appointment of Paul D. Mitchell as the new EY global sector leader for mining and metals.In his new role, Mitchell will be responsible for driving the EY mining and metals sector strategy, leading a network of over 5,000 industry professionals worldwide. He will focus on strategic thinking and digital transformation for clients, in this age of sector disruption. Mitchell will...Read More

EY appoints new global mining and metals leader

Jan. 31, 2019, 2:17 PM / MINING.com Editor

EY has announced the appointment of Paul D. Mitchell as the new EY global sector leader for mining and metals.In his new role, Mitchell will be responsible for driving the EY mining and metals sector strategy, leading a network of over 5,000 industry professionals worldwide. He will focus on strategic thinking and digital transformation for clients, in this age of sector disruption. Mitchell will...Read More

iMetal Mobilizes for Drilling at Gowganda West -- $IMR #IMR @iMetalResources #Gold #Silver #Copper #Cobalt...

Thu Jan 31 14:13:12 2019 / iMetal Resources

"iMetal Mobilizes for Drilling at Gowganda West -- $IMR #IMR @iMetalResources #Gold #Silver #Copper #Cobalt #momentumstocks #smallcap #hotstocks #Gowganda #PDAC2019 --Read the News Release here: https://t.co/DqlEFmXxi2"Read full newsRead More

Visible Gold acquires remaining 40% of Cadillac East project

Jan. 31, 2019, 1:59 PM / Canadian Mining Journal Staff

Visible Gold, headquartered in Rouyn-Noranda, Que., has agreed to purchase the remaining 40% interest in the Cadillac East gold project from Cadillac West Explorations, a subsidiary of Liberty Gold Corp. Visible Gold will then be the 100% owner of the project.The purchase is a share-only deal. Visible Gold will issue 750,000 common shares with a deemed value of $0.06 each to Cadillac West. The Cad...Read More

Central bank gold buying surges to 50-year high

Jan. 31, 2019, 1:31 PM / MINING.com Editor

Against a backdrop of continued stock market volatility and geopolitical risk, gold demand surged in Q4 of 2018, according to a new report released today from the World Gold Council.Annual gold demand increased 4% on highest central bank buying in 50 years. Gold demand in 2018 reached 4,345.1 tonnes, up from 4,159.9 tonnes in 2017. Central banks' demand for gold soared to the highest level si...Read More

Central bank gold buying surges to 50-year high

Jan. 31, 2019, 1:31 PM / MINING.com Editor

Against a backdrop of continued stock market volatility and geopolitical risk, gold demand surged in Q4 of 2018, according to a new report released today from the World Gold Council.Annual gold demand increased 4% on highest central bank buying in 50 years. Gold demand in 2018 reached 4,345.1 tonnes, up from 4,159.9 tonnes in 2017. Central banks' demand for gold soared to the highest level si...Read More

Sandvik introduces a new intelligent loader: Sandvik LH621i for large scale underground production and mine development

Jan. 31, 2019, 1:19 PM / Sandvik

To expand the existing intelligent offering, Sandvik introduces its second i-series loader; Sandvik LH621i. The new Sandvik LH621i is the loader of choice for rapid mine development and large-scale underground production. The new high-capacity loader is a matching pair with the previously introduced Sandvik TH663i truck, considering the designed payload capacities.The Sandvik LH621i sets the indus...Read More

US debt ceiling problem plus new exploration boosting Wesdome Gold Mines

Thu, 31/01/2019 12:20 pm / Ted Dixon

In his latest Discovery Watch interview, John Kaiser from Kaiser Research Online believes the share price of INK Canadian Insider Index member Wesdome Gold Mines (Mostly Sunny; WDO) is getting a lift from exploration at its Kiena Mine Complex near Val d'Or Quebec and gold's strength.Wesdome Gold Mines shares benefiting from discovery news and productionMr. Kaiser explains that back in late 2106 W...Read More

Dam collapse - chronicle of disaster foretold: Balance of power

Jan. 31, 2019, 11:44 AM / Bloomberg News

The horrific collapse of a dam owned by Brazilian mining giant Vale - with the death toll likely to reach the hundreds and widespread environmental damage - highlights a mix of failed government oversight and laws that favor mining interests over public safety. "They thought it was easier to sink the bill" he says.Joao Vitor Xavier, a legislator in mineral-rich Minas Gerais state, had been warnin...Read More

China's Chalco shuts Shandong aluminium plant amid rising power costs

Jan. 31, 2019, 11:05 AM / Reuters

* Chalco says Shandong unit subject to 'flexible production'* Says is considering transformation, upgrade of plant* Company has closed 850kt of capacity since 2018 - consultancyAluminum Corp of China , known as Chalco, said late on Wednesday it had stopped production at an aluminium smelting plant in eastern China's Shandong province, citing high electricity costs.In a statement to the Shanghai an...Read More

Japan's Idemitsu, Kyushu Elec, Tokyo Gas scrap coal-fired power plant plan

Jan. 31, 2019, 10:31 AM / Reuters

Japan's Idemitsu Kosan, Kyushu Electric Power and Tokyo Gas said on Thursday they have given up their plan to build a 2 gigawatt (GW) coal-fired power station in Chiba, near Tokyo, as it would not be economically feasible.The move follows a similar decision by Chugoku Electric Power and JFE Steel, a unit of JFE Holdings last month, and comes amid growing pressure in most of the world for companies...Read More

RT @jacquelinemh85: #lithium and #cobalt prices aren't set to have a good year, according to @WoodMackenzie

Thu Jan 31 10:14:12 2019 / Jacqueline Holman

Additional 110,000t of LCE and 36,000t of cobalt forecast for 2019Read full newsRead More

Fortescue says Vale impact uncertain, sees demand for mid-grade iron ore

Jan. 31, 2019, 10:11 AM / Reuters

Australia's Fortescue Metals Group Ltd said on Thursday it was too early to determine the full effect of a Brazilian mine disaster on iron ore supply, as its shares rose to a 16-month high."We are not 100 percent clear yet on the net impact on supply of iron ore, but certainly there will be some impact," Chief Executive Elizabeth Gaines said, adding that the miner had offered its condolences.We do...Read More

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