Mining Articles

Asian Metals Market Update: July 3 2018

3 July, 2018 / Chintan Karnani, Insignia Consultants

Gold needs to trade over $1236 for the whole day to prevent a crash. Silver needs to trade over $15.60 to prevent a sell off. Copper needs to trade over $2.91 to prevent a sell off. Crude oil will zoom if it manages to break and trade over $75.20. Trading volumes in the USA session will reduce. Financial markets will not sleep. Volatility will remain on the higher side. Economics & Trump trade...Read More

Do you know these 5 basic facts about #gold? Tell us if any of them surprised you!:

Tue Jul 03 16:05:07 2018 / Staff reporter

Looking to invest in gold? Here are five basic facts about gold investors interested in the yellow metal should know about.Read full newsRead More

Haywood Securities today offering historic perspective on recent #nickel price strength, noting "prices appear to b...

Tue Jul 03 15:32:21 2018 / Staff reporter

"Haywood Securities today offering historic perspective on recent #nickel price strength, noting "prices appear to be making a long-term breakout." Prices below shown on $/lb basis"Read full newsRead More

Gold price 'cleared for rally' after hedge funds dump 700 tonnes

Jul. 3, 2018, 3:24 PM / Frik Els

Gold enjoyed one of its best trading days in months on Tuesday, bouncing off its 2018 low struck on Monday. Gold for delivery in August, the most active contract on the Comex market in New York, touched a high of $1,258.50 an ounce in the morning.Surprisingly brisk pre-holiday trading saw 28m ounces exchange hands, pushing the metal up 1.3% from yesterday's settlement price. The recovery came afte...Read More

Drilling at Alvito IOCG Project Continues with Supplemental Program @Avrupa_Minerals

Tue Jul 03 14:16:32 2018 / Avrupa Minerals

Avrupa Minerals (TSXV:AVU) is pleased to provide an update on drilling at the Alvito IOCG Project in South Portugal. Read full newsRead More

Renforth Commences Drill Program on Parbec Gold Deposit @RenforthRes

Tue Jul 03 13:39:12 2018 / Renforth Resources

Renforth Resources (CSE:RFR) ("Renforth" or the "Company") is pleased to announce drilling has resumed at Parbec with a planned 1500m in 7 holes drill program.Read full newsRead More

Quebec lithium stock jumps on Korea deal

Jul. 3, 2018, 1:18 PM / Frik Els

Shares in Canada's Nemaska Lithium (TSX:NMX, OTC:NMKEF) swung wildly on Tuesday after the company inked a supply deal with a South Korean battery maker that all but ties up full production from its Quebec project until after 2025.Nemaska sank more than 5% on US over the counter markets in morning trade, only to bounce higher in Toronto as US markets closed early for July 4 holidays. Near the clo...Read More

Quebec lithium stock jumps on Korea deal

Jul. 3, 2018, 1:18 PM / Frik Els

Shares in Canada's Nemaska Lithium (TSX:NMX, OTC:NMKEF) swung wildly on Tuesday after the company inked a supply deal with a South Korean battery maker that all but ties up full production from its Quebec project until after 2025.Nemaska sank more than 5% on US over the counter markets in morning trade, only to bounce higher in Toronto as US markets closed early for July 4 holidays. Near the clo...Read More

Anil Agarwal faces shareholder resistance to $1 billion Vedanta bid

Jul. 3, 2018, 12:18 PM / Reuters

LONDON, July 3 (Reuters) - Billionaire Anil Agarwal faces investor resistance to his $1 billion bid to buy out minority shareholders in Vedanta Resources and take the London-listed Indian miner private.Vedanta, chaired by its 64-year-old founder Agarwal, on Monday announced that its independent board directors were prepared to back an 825 pence-a-share bid from Agarwal's family trust, Volcan, to a...Read More

Spanish cattle farmers are worrying about nearby uranium mines

Jul. 3, 2018, 11:41 AM / Bloomberg News

(Bloomberg) - Berkeley Energia, the Australian company developing the project on land near Salamanca, says it's reviving Spain's grand mining tradition as it begins uranium production at a time when the global energy industry faces higher prices over the long term for the radioactive metal used to power nuclear plants. While Berkeley expects its Spanish uranium mine to be in production by the en...Read More

RT @TheLithiumSpot: Coming soon to California. #Lithium

Tue Jul 03 11:01:47 2018 / TheLithiumSpot

A California utility is seeking permission to have a company build the world's largest battery, joining a growing list of power companies investing in storing electricity.Read full newsRead More

3 Beaten-Up Gold Stocks: Are They Bargains?

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

These gold stocks are getting darn cheap, but only one is worth a look.Read full newsRead More

Amarillo Gold Announces Completion of the Sale of an NSR Royalty to Royal Gold for USD $10.8 Million

2018-07-03 09:41 / Mr. Mike Mutchler reports

Mr. Mike Mutchler reportsAMARILLO GOLD ANNOUNCES COMPLETION OF THE SALE OF AN NSR ROYALTY TO ROYAL GOLD FOR USD $10.8 MILLION Amarillo Gold Corp. has completed the previouslyannounced sale of a perpetual 1.75-per-cent net smelter return royalty on the Mara Rosa gold project to RG Royalties LLC, a wholly owned subsidiary of Royal Gold Inc., for $10.8-million (U.S.). The proceeds of the sale are ex...Read More

3 Beaten-Up Gold Stocks: Are They Bargains?

Tue Jul 03 09:34:03 2018 / Staff reporter

These gold stocks are getting darn cheap, but only one is worth a look.Read full newsRead More

Brazilian ex-billionaire Batista sentenced to 30 years in jail for bribery

Jul. 3, 2018, 9:20 AM / Cecilia Jamasmie

Brazilian Eike Batista, the former oil and mining billionaire who lost his fortune and spent time in jail last year for alleged corruption, will have to hang about behind bars for the next 30 years.After a corruption trial, the outspoken entrepreneur whose meteoric rise and fall made him the poster boy of a decade-long boom in Brazil that ended four years ago, was found guilty of bribing former R...Read More

Resolute Mining's updated study cuts underground gold mine costs by US$135 per ounce

Tue Jul 03 07:52:10 2018 / Staff reporter

The DFS update has also delivered longer life at the Mali project and increased underground reserves by 38%.Read full newsRead More

Resolute Mining's Syama Gold Mine DFS Update shows substantially reduced costs

Tue Jul 03 07:52:09 2018 / Staff reporter

Resolute Mining Ltd (ASX:RSG) managing director and chief executive John Welborn talks Proactive Investors through the multinational gold producer's...Read full newsRead More

Salmon fishing more important than Pebble Mine

Tue Jul 03 07:52:06 2018 / Staff reporter

Community PerspectiveRead full newsRead More

New Public-Private Plan Could Aid Polluted Black Hills Gold Mine

Tue Jul 03 07:52:03 2018 / Staff reporter

A Canadian gold mining company has agreed to help clean up South Dakota's most contaminated industrial site.Read full newsRead More

3 Beaten-Up Gold Stocks: Are They Bargains?

Tue Jul 03 07:52:02 2018 / Staff reporter

These gold stocks are getting darn cheap, but only one is worth a look.Read full newsRead More

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