Mining Articles

Minister's Statement Regarding Hydro One

July 11, 20185:15 P.M. / Ministry of Energy, Northern Development and Mines

TORONTO - Today, Minister of Energy, Northern Development and Mines Greg Rickford released the following statement:"Our government was elected on a promise to lower electricity bills for the people of Ontario. This included a promise to address governance at Hydro One. Today, Hydro One has informed us that Chief Executive Officer Mayo Schmidt is retiring from the company, effective immediately. Th...Read More

Nexus Gold Retains Trapeze Capital to Provide Market Making Services

Wed Jul 11 16:39:22 2018 / Staff reporter

Nexus Gold Corp. (Read full newsRead More

RT @Wealthminerals: $WMLLF $WML.V Lithium becomes Chile's No. 4 mining export

Wed Jul 11 16:08:22 2018 / Wealth Minerals Ltd.

Shipments of the key ingredient for making batteries that power electric cars and high tech devices climbed 47% in 2017 to $684.2 million.Read full newsRead More

CROP Infrastructure (CSE: $CROP) bounces back, trading 30x its average volume

Wed Jul 11 16:06:58 2018 / Staff reporter

CROP Infrastructure (CROP.C) burst out of the gate this morning at $0.32 CAD, hitting a high of $0.40 CAD in the first hour of trading, before closing at $0.34 CAD, up 19% on 17,489,136 shares bought and sold. This was 30x its average trading volume of 578,590 shares, and doubled yesterday's record setting 10m share volume day, ...Read full newsRead More

Chile eases way for foreign-backed miner to take control of Lithium deposit

Jul. 11, 2018, 2:09 PM / Reuters

SANTIAGO/MELBOURNE, July 11 (Reuters) - Foreign backed-Salar Blanco, which is 50 percent-owned by Lithium Power International, has dropped a lawsuit against Chile to block state-run Codelco from exploiting a lithium deposit where both have claims, the Australian-listed smallcap announced.Lithium Power International said that following three months of talks, Salar Blanco ended its legal proceedings...Read More

Copper price plunges to 1-year low

Jul. 11, 2018, 12:07 PM / Frik Els

The price of copper sank on Wednesday, losing more than 4% in New York to $2.7170 or $5,990 a tonne on the Comex market, its lowest level since July 20 last year.It was one of the busiest days of 2018 on commodity futures markets with with over 2.1m tonnes of copper worth $12.7 billion exchanging hands by early-afternoon. Wednesday was the ninth down day of the last 10 trading sessions for copper....Read More

Eldorado gold announces appointment of executive vice president and chief financial officer

Jul. 11, 2018, 11:59 AM / Eldorado Gold Corporation

VANCOUVER, July 11, 2018 /CNW/ - Eldorado Gold Corporation ("Eldorado" or "the Company") today announces the appointment of Philip Yee as Executive Vice President and Chief Financial Officer. This appointment further strengthens Eldorado's leadership team.Philip Yee will join Eldorado in September 2018. Phil has extensive experience as a senior financial executive, having worked for a variety...Read More

US Voters support mine permitting reform to decrease import reliance of defense supply chain

Jul. 11, 2018, 11:49 AM / National Mining Association

As the U.S. becomes increasingly import-reliant for the minerals needed for military equipment and technologies, 62 percent of voters support U.S. government action to encourage the use of domestically-mined minerals and decrease reliance on foreign-imported minerals, according to a poll conducted by Morning Consult for the National Mining Association (NMA)."Our defense industrial base supply chai...Read More

Gold mining the least polluting in the metals sector - WGC

Wed Jul 11 10:37:07 2018 / Staff reporter

It depends on how you measure it.Read full newsRead More

Experts come up with plan for protecting deep-sea life from mining

Jul. 11, 2018, 9:58 AM / Cecilia Jamasmie

The guidelines, the result of a three-year international effort, should help identify areas of particular environmental importance where no mining should occur. (Image: Mountains in the Sea 2004. Courtesy of NOAA Office of Ocean Exploration.)An international team of researchers has developed a set of criteria to help the International Seabed Authority (ISA) protect biodiversity from deep-sea minin...Read More

Gold mining the least polluting in the metals sector - WGC

Wed Jul 11 09:55:04 2018 / Staff reporter

It depends on how you measure it.Read full newsRead More

Five top mining execs. convicted over Turkey's worst mine disaster

Jul. 11, 2018, 8:24 AM / Cecilia Jamasmie

Five former mining executives at Turkey's Soma coal mine have been jailed over the country's deadliest mining disaster, which claimed the lives of 301 people in May 2014 in the town located 480 km south of Istanbul.The sentences, state-run Anadolu Agency reports, range from 15 to 22 years in prison for the top executives. Nine other employees were handed shorter sentences, while 37 of the 51 defe...Read More

Skeena drills 12.5 m of 16.02 g/t Au at Snip

2018-07-11 08:18 / Mr. Walter Coles reports

Mr. Walter Coles reportsSKEENA INTERSECTS 16.02 G/T GOLD OVER 12.25 METRES AT SNIPSkeena Resources Ltd. has released additional assay results from the phase 2 underground drilling program at the company's 100-per-cent-owned Snip gold project located in the Golden Triangle of British Columbia.The phase 2 drilling program totalling 11,000 metres is being performed from surface and underground utiliz...Read More

Harmony Gold Mining Company Ltd.: Fatality at Kusasalethu mine

Wed Jul 11 08:16:53 2018 / Staff reporter

10 Jul '18 Johannesburg, Tuesday, 10 July 2018. Harmony Gold Mining Company Limited regrets to advise that one of its employees was fatally injured in a fall of ground incident at its Kusasalethu mine in Carletonville this morning. An investigation into the accident is underway. Management express their deepest condolences to the deceased employee's family, friends and colleagues. [...]T...Read More

Orosur Mining raises US$250,000 by selling shares at more than double their market value

Wed Jul 11 08:16:52 2018 / Staff reporter

A look at some of the main news-driven risers and fallers in London on Tuesday afternoon ...Read full newsRead More

Today's Free Reports Trevali Mining Yamana Gold Kinross Gold and Eldorado Gold

Wed Jul 11 08:16:51 2018 / Staff reporter

LONDON, UK / ACCESSWIRE / July 10, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equitiesfrom the Metals & Mining industry: Trevali Mining, Yamana Gold, Kinross Gold, and Eldorado Gold.Today's stocks of interest consist of: Trevali Mining CorporationRead full newsRead More

Acacia Mining shares offer attractive risk/reward, says Barclays as it upgrades the stock

Wed Jul 11 08:16:50 2018 / Staff reporter

Barclays upgraded Acacia Mining to 'overweight' rating from 'equal-weight' and raised its target price to 171p from 165pRead full newsRead More

New Gold Announces Addition of New Director

Wed Jul 11 08:16:49 2018 / Staff reporter

TORONTO, July 9, 2018 /PRNewswire/ - New Gold Inc. (Read full newsRead More

Bonterra Resources drills 2m of 30.5g/t Au at Gladiator

2018-07-11 08:14 / Mr. Nav Dhaliwal reports

Mr. Nav Dhaliwal reportsBONTERRA INTERSECTS 30.5 G/T GOLD OVER 2.0 M AND EXPANDS ON HIGH GRADE ZONES AT GLADIATOR GOLD DEPOSITBonterra Resources Inc. has released the latest drilling results from the continuing resource development program at the Gladiator gold deposit, including an intersection of 30.5 grams per tonne gold over 2.0 metres, increasing the down-plunge size of the south zone high-gr...Read More

.@Macquarie has picked a winner for its 'World Cup' of mining companies ($)

Wed Jul 11 07:41:26 2018 / Macquarie Group

Plenty of quality in starting list, back-ups, according to form guideRead full newsRead More

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