Mining Articles

Lincoln Strategic International expands operations to Africa - Charles Matthews to lead

Jul. 17, 2018, 1:37 PM / Lincoln Strategic Inc

TORONTO, Canada, July 16, 2018: Lincoln Strategic International announced today the expansion of its service offerings with the launch of LSI Africa, which addresses the human capital acquisition and management issues faced by mining companies, project consultants and investors in Africa. "The African mining industry is dynamic and volatile with a broad spectrum of political, cultural and recruitm...Read More

GoGold reports parral production and sales for Quarter ending June 30, 2018

Jul. 17, 2018, 1:19 PM / GoGold Resources Inc.

Halifax, NS - GoGold Resources Inc. (TSX: GGD) ("GoGold", "the Company") announces sales of 382,150 silver equivalent ounces for the quarter ended June 30, 2018, which was an increase of 34% over the previous year. The Company produced 163,991 ounces of silver and 1,630 ounces of gold for 292,273 silver equivalent ounces at the Parral project during the quarter, a 2% decrease from the prior yea...Read More

Anglo Asian's Azerbaijan gold output up 43% in first half of 2018

Jul. 17, 2018, 1:07 PM / Reuters

BAKU, July 17 (Reuters) - Azerbaijan's top gold producer, Anglo Asian Mining, said on Tuesday it had increased its gold production by 43 percent year-on-year in the first half of 2018 to 33,255 ounces from 23,218 ounces in the same period last year.The London-listed firm said its total production of gold-equivalent ounces (GEO) rose by 22 percent to 37,349 GEO from 30,561 GEO.Gold is produced at G...Read More

ArcelorMittal Temirtau to suspend hot-rolled steel coil exports to Iran - adviser

Jul. 17, 2018, 12:38 PM / Reuters

MOSCOW, July 17 (Reuters) - ArcelorMittal Temirtau, a Kazakh unit of the world's largest steelmaker, will suspend the export of hot-rolled steel coils to Iran due to the re-imposition of U.S. sanctions, Alex Agoureev, an adviser to the company, told Reuters."Supplies to Iran will be temporarily suspended due to the sanctions. Once sanctions are lifted, the supplies will be resumed," said Agoureev,...Read More

Smelting constraints make zinc's price plunge look overdone

Jul. 17, 2018, 12:23 PM / Reuters

LONDON, July 17 (Reuters) - Expectations for a rise in zinc concentrate supplies in coming years have driven down the metal price to one-year lows, but smelting capacity constraints suggest the sell-off is premature.Benchmark zinc on the London Metal Exchange (LME) hit $2,473.85 a tonne on Monday, its lowest since mid-June 2017 and 31 percent below February's 11-year high of $3,595.50.Projects tha...Read More

Strong demand powers Sandvik Q2, but inventory concerns weigh on shares

Jul. 17, 2018, 11:17 AM / Reuters

STOCKHOLM, July 17 (Reuters) - Swedish Sandvik, which makes metal-cutting tools and mining gear, reported record-high quarterly earnings and orders on Tuesday on the back of a broad rise in demand, with its mining unit a particular stand-out.But Sandvik shares fell following the results with some analysts pointing to investor concerns over the company building inventory in the quarter.Boosted by s...Read More

Canadian Exchanges Stock Scanner Gran Colombia Gold Nemaska Lithium IAMGOLD and Lundin Mining

Tue Jul 17 10:53:37 2018 / Staff reporter

LONDON, UK / ACCESSWIRE / July 16, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Gran Colombia Gold, Nemaska Lithium, IAMGOLD, and Lundin Mining.The S&P/TSX Composite Index lost 6.30 points, or 0.04%, toRead full newsRead More

Maple Gold rehashes first-half highlights for 2018

2018-07-17 10:44 / Mr. Matthew Hornor reports

Mr. Matthew Hornor reportsMAPLE GOLD PROVIDES MID-YEAR REVIEW AND OUTLOOK FOR REMAINDER OF 2018Maple Gold Mines Ltd. has provided a recap of developments and progress made during the first half of the year, and has outlined upcoming plans and catalysts for the balance of the year, which includes approximately 7,000 metres of pending assays from discovery focused greenfield drilling and a new resou...Read More

GMV receives updated Mexican Hat resource estimate

2018-07-17 10:33 / Mr. Ian Klassen reports

Mr. Ian Klassen reportsGMV ANNOUNCES REVISED MINERAL RESOURCE ESTIMATE ON ITS 100 per cent CONTROLLED MEXICAN HAT GOLD DEPOSIT, COCHISE COUNTY, ARIZONA GMV Minerals Inc. has received an updated mineral resource estimate from Tetra Tech Canada Inc. (Dr. D.R. Webb, PhD, PGeo, PEng, and John Fox, PEng) on its 100-per-cent-controlled Mexican Hat gold property located in southeastern Arizona.The inferr...Read More

Canadian Exchanges Stock Scanner Gran Colombia Gold Nemaska Lithium IAMGOLD and Lundin Mining

Tue Jul 17 10:14:03 2018 / Staff reporter

LONDON, UK / ACCESSWIRE / July 16, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Gran Colombia Gold, Nemaska Lithium, IAMGOLD, and Lundin Mining.The S&P/TSX Composite Index lost 6.30 points, or 0.04%, toRead full newsRead More

Bonterra Resources drills 2.7m of 15g/t Au at Gladiator

2018-07-17 09:02 / Mr. Nav Dhaliwal reports

Mr. Nav Dhaliwal reports BONTERRA CONTINUES TO EXPAND THE GLADIATOR GOLD DEPOSIT AND INTERSECTS 15.3 G/T GOLD OVER 2.7 MBonterra Resources Inc. has released the latest drilling results from the continuing resource development program at the Gladiator gold deposit, including an intersection of 15.3 grams per tonne gold over 2.7 metres, extending the footwall zone down plunge to the east. Recent dri...Read More

Colombia bans mercury in gold mining

Tue Jul 17 08:33:48 2018 / Staff reporter

Colombia's government announced Monday that it has prohibited the use of mercury in gold mining. The highly poisonous chemical will also gradually be phased out in other industries until a...Read full newsRead More

Strike halts gold production at Randgold's Ivory Coast mine

Tue Jul 17 08:33:45 2018 / Staff reporter

Gold production at Randgold Resources' Tongon mine in Ivory Coast was stopped on Monday due to a strike launched by workers over the weekend, the company's country manager said.Read full newsRead More

Canadian Exchanges Stock Scanner Gran Colombia Gold Nemaska Lithium IAMGOLD and Lundin Mining

Tue Jul 17 08:33:43 2018 / Staff reporter

LONDON, UK / ACCESSWIRE / July 16, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Gran Colombia Gold, Nemaska Lithium, IAMGOLD, and Lundin Mining.The S&P/TSX Composite Index lost 6.30 points, or 0.04%, toRead full newsRead More

Osisko Mining deep drilling gold discovery at Windfall

Tue Jul 17 08:33:43 2018 / Staff reporter

Osisko Mining Inc announced that the discovery of a new wide zone of high-grade gold mineralization at depth, at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Qu?(C)bec.Read full newsRead More

Osisko Mining deep drilling gold discovery at Windfall

Tue Jul 17 07:46:42 2018 / Staff reporter

Osisko Mining Inc announced that the discovery of a new wide zone of high-grade gold mineralization at depth, at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Qu?(C)bec.Read full newsRead More

Lundin Mining has upped its offer for Nevsun to C$1.4b in cash, a 12% premium on its Mon closing price |...

Tue Jul 17 07:42:00 2018 / Staff reporter

"Lundin Mining has upped its offer for Nevsun to C$1.4b in cash, a 12% premium on its Mon closing price | https://t.co/6J9RrcOzbo #M&A #Timok #copper #TSX"Read full newsRead More

LME to launch monthly 'implied pricing' for base metals

Jul. 17, 2018, 5:25 AM / Cecilia Jamasmie

The London Metal Exchange (LME), the world's biggest and oldest market for industrial metals, is implementing an "implied pricing" functionality, a set of synthetic monthly prices, in an attempt to offset increasing competition from other exchanges such as those operated by CME Group.Starting on July 30, the exchange will provide the service for the six main base metals - copper, aluminum, zinc,...Read More

South Africa's Amplats, PIC create venture fund to lift PGM industrial demand

Jul. 17, 2018, 4:30 AM / Reuters

World no. 1 platinum producer Anglo American Platinum has spun off an internal fund and invested $100 million in a new venture capital fund with an aim to stimulate industrial demand for platinum group metals (PGMs), the company said on Tuesday.Associated with jewellery and emissions-capping autocatalysts, about a third of platinum demand comes from other industrial applications. Producers are kee...Read More

Nevsun passes on Lundin's $1.4 billion fresh takeover bid

Jul. 17, 2018, 3:48 AM / Cecilia Jamasmie

Base metals producer Nevsun Resources (TSX:NSU) has once again dismissed a takeover offer by Lundin Mining (TSX:LUN), as it believes the Cdn$1.4 billion (about $1.1bn) bid ignores the fundamental value of the company and its assets.Chief Executive Officer Peter Kukielski said Lundin's notional takeover offer represents only a 13 % premium to Nevsun's shares trading price, which closed Monday at Cd...Read More

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