Mining Articles

New Gold Announces Addition of New Director

Tue Jul 10 08:13:10 2018 / Staff reporter

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

Barrick forges closer ties with Chinese partner in bid to revive South American mine

Tue Jul 10 08:13:09 2018 / Staff reporter

Barrick's deal with Shandong shows how Chinese companies have in recent years stepped up their involvement with Canadian mining companiesRead full newsRead More

Canada's Barrick, China's Shandong Gold to deepen ties, look at acquisitions

Tue Jul 10 08:13:04 2018 / Staff reporter

Canadian miner Barrick Gold Corp and China's Shandong Goldon Monday said they would deepen cooperation beyond their Argentinian joint venture, potentially working together on acquisitions.Read full newsRead More

Adamera moves drill to Cooke Mountain

2018-07-10 07:42 / Mr. Mark Kolebaba reports

Mr. Mark Kolebaba reportsADAMERA MOBILIZES DRILL TO THE OVERSIGHT PROPERTYAdamera Minerals Corp. has mobilized a core drill tothe Cooke Mountain project near the historic high-grade Overlook mine in Washington State. The first two drill holes will follow up results from drill holes OS17-01 and OS17-03 which returned several high-grade gold assays including 10 grams per tonne over 1.1 metres, 6.5 g...Read More

Silvercrest drills 1.5 m of 10,629 g/t AgEq at Chispas

2018-07-10 07:26 / Mr. N. Eric Fier reports

Mr. N. Eric Fier reportsSILVERCREST EXPANDS BABICANORA FOOTWALL VEIN HIGH-GRADE FOOTPRINTSilvercrest Metals Inc. has relased further phase 3 drill results for the Las Chispas property located in Sonora, Mexico. Stepout drilling of the Babicanora footwall (FW) vein has intersected additional high-grade mineralization. The Babicanora FW vein is subparallel to the Babicanora vein. This vein is approx...Read More

Kirkland Lake produces 164,685 oz Au in Q2

2018-07-10 06:14 / Mr. Anthony Makuch reports

Mr. Anthony Makuch reports KIRKLAND LAKE GOLD ANNOUNCES SOLID Q2 2018 OPERATING RESULTS WITH TOTAL PRODUCTION OF 164,685 OUNCES OF GOLD Kirkland Lake Gold Ltd. has released production results for the second quarter of 2018 of 164,685 ounces and for the first six months of 2018 of 312,329 ounces. Production in the second quarter of 2018 exceeded target levels for the quarter driven by record quarte...Read More

Wood Mackenzie calling for #nickel price of $28,700/t by 2022

Tue Jul 10 06:09:45 2018 / Staff reporter

New report says EV boom is bifurcating nickel mining and short supply of battery-grade material will see prices climb near $30,000 mark within five years.Read full newsRead More

Gabriel Resources President and CEO Jonathan Henry leaves the company

Jul. 10, 2018, 5:35 AM / Cecilia Jamasmie

Gabriel Resources (TSX-V:GBU), the miner that sued Romania for $4.4 billion in alleged losses related to its halted Rosia Montana gold and silver project, said Tuesday its top executive, Jonathan Henry, was leaving the company to "pursue other opportunities."While Henry has resigned from his position as President, Chief Executive Officer and Director, he'll continue to act as a consultant, Gabriel...Read More

Gabriel Resources President and CEO Jonathan Henry leaves the company

Jul. 10, 2018, 5:35 AM / Cecilia Jamasmie

Gabriel Resources (TSX-V:GBU), the miner that sued Romania for $4.4 billion in alleged losses related to its halted Rosia Montana gold and silver project, said Tuesday its top executive, Jonathan Henry, was leaving the company to "pursue other opportunities."While Henry has resigned from his position as President, Chief Executive Officer and Director, he'll continue to act as a consultant, Gabriel...Read More

BHP secures iron mining rights in Australia's Pilbara for another century

Jul. 10, 2018, 3:36 AM / Cecilia Jamasmie

World's No.1 miner BHP (ASX, NYSE:BHP), has been given the green light to go ahead with a planned expansion of its operations in Australia iron ore-rich Pilbara region for the next 50 to 100 years, which will secure its grasp over one of its most important commodities.Western Australia's environmental authority approval of BHP's proposal, first submitted 2012, will allow the miner build new mines...Read More

Antofagasta announces first mine to use 100% renewable energy

Jul. 10, 2018, 2:20 AM / Natalie Latuszek

On July 6, 2018, Zald?-var signed a new power plant supply agreement with Colb??n, a Chilean electric power utility company. The copper mine will be the first to operate with 100% renewable energy: a combination of hydro, solar, and wind power.The Copper Mine, located in Northern Chile, is a 50% joint venture between Barrick Gold and Antofagasta since December 2015. Antofagasta's official website...Read More

Antofagasta announces first mine to use 100% renewable energy

Jul. 10, 2018, 2:20 AM / Natalie Latuszek

On July 6, 2018, Zald?-var signed a new power plant supply agreement with Colb??n, a Chilean electric power utility company. The copper mine will be the first to operate with 100% renewable energy: a combination of hydro, solar, and wind power.The Copper Mine, located in Northern Chile, is a 50% joint venture between Barrick Gold and Antofagasta since December 2015. Antofagasta's official website...Read More

Suncor says Syncrude oilsands project to return to full production in September

Jul. 10, 2018, 2:00 AM / Reuters

Suncor Energy Inc said on Monday it expects its Syncrude oilsands project in Alberta to return to full production in early to mid-September, following an outage last month that shut total output.Suncor, the biggest stakeholder in the project, said early investigation indicated that the cause of disruption was a transformer trip.The facility, which can produce up to 360,000 barrels per day of crude...Read More

FinCanna Executes & Increases Royalty Payments Under Agreement with Refined Resin Technologies Inc. a California Based Cannabis and Extraction Company

July 10, 2018 01:11:55 / Staff reporter

Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed medical cannabis industry, has executed an Expanded Royalty Agreement with Refined Resin Technologies Inc. ("Refined Resin") formerly known as Gram Co Holdings LLC, of Oakland, California. Refined Resin is a cannabinoid research and refinery company that provid...Read More

Canada oil supply to stay tight with Syncrude down for weeks

Jul. 10, 2018, 1:00 AM / Bloomberg News

Canadian crude supplies may remain tight in the coming weeks as Suncor Energy Inc. works to bring its massive Syncrude oil-sands operation back online, a process that the company said won't be completed until September.Pipeline shipments from the facility, which went down last month after a transformer trip cut power to the plant, will be about 60 percent to 70 percent of capacity for August, Ca...Read More

These 3 Canadian TFSA Stocks Pay +9% Dividend Yields

July 10, 2018 / Victoria Hetherington

Income investors and retirement fund investors take note: there are stocks on the TSX that pay dividends higher than 6%! Higher than 7%! Higher even than 8%!While it takes some digging around, TFSA and RRSP investors can find yields on the TSX that top 9%. We've found three of them for you. Read on to see which ones to buy and hold for long-term passive income.Labrador Iron Ore Royalty Corp. (TSX:...Read More

3 Developments That Could Propel Precious Metals in the Second Half of 2018

July 10, 2018 / Ambrose O'Callaghan

Gold and silver prices have continued to lag in July. A rate hike from the United States Federal Reserve in June buried the base value of precious metals prices, as the dollar regained momentum. U.S. indexes also surged on data that showed the country added 213,000 jobs in June.What does this mean for precious metals equities? It has been a mixed bag so far. Wheaton Precious Metals Corp. (TSX:WPM)...Read More

The Real Data Show The Real Economy Hit A Wall

July 10, 2018 / admin

The economy is melting down - the only support for the Propaganda Narrative of a "booming economy" is a rising stock market. Without a doubt Trump has ordered the Working Group on Financial Markets - AKA "the Plunge Protection Team" - to push stocks higher for now so insiders can unload.The huge jump in credit card debt reported yesterday by the Fed was received as "good news" for consumer spend...Read More

Erdene drills 81 metres of 2.59 g/t gold at Bayan Khundii

July 10, 2018 / Resource World

Drilling operations at Erdene's Bayan Khundii gold project in southwest Mongolia. Source: Erdene Resource Development Corp.Erdene Resource Development Corp. [ERD-TSX; ERDCF-OTC] has released results for the third series of drill holes from its second quarter 2018 drill program at the company’s 100%-owned Bayan Khundii gold project in southwest Mongolia.“The final results from our Q2 Ba...Read More

Mexican Gold samples 81.3 g/t gold over 0.2 metres at Pueblo

July 10, 2018 / Resource World

Drilling at the Las Minas Project in Veracruz State, Mexico. Source: Mexican Gold Corp.Mexican Gold Corp.‘s [MEX-TSXV; MEXGF-OTCQB; 4QW1-FSE] field exploration program at Pueblo Nuevo, part of the La Minas Project 270 km east of Mexico City in Veracrus State, Mexico, continues to yield high-grade sampling results. Recent assays from sampling of newly discovered surface outcrops and historica...Read More

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