DAKAR, June 28 (Reuters) - AngloGold Ashanti said on Thursday that there has been no production impact at its Siguiri gold mine in Guinea despite two days of violent protests over prolonged electricity outages by communities around the mine.Youths barricaded roads, clashed with security forces and tried to force through the gates of the mine on Wednesday as around one thousand demonstrators surrou...Read More
(Bloomberg) - Miners across Africa are increasingly using one-time payments to settle disputes with governments, a trend that's disturbing some investors.A $150 million payment by Glencore Plc's Katanga Mining Ltd. to the Democratic Republic of Congo's Gecamines earlier this month followed Freeport McMoRan Inc.'s separate $100 million settlement with the state-owned company in January 2017. Last O...Read More
JOHANNESBURG, June 28 (Reuters) - Exxaro Resources Ltd expects coal production for the half year to June 30 to increase by 1.7 percent to 23.52 million tonnes, the South African coal miner said on Thursday.It expects thermal coal output to rise by 1 percent to 22.307 million tonnes and metallurgical coal to increase by 12 percent compared with the preceding six months due to higher production at i...Read More
Angela Merkel failed to resolve a clash over migration with her Bavarian sister party, ratcheting up pressure on the German chancellor as she faces a weekend ultimatum to tighten borders.Read full newsRead More
Technological innovations are altering the mining industry in a number of important ways. Read full newsRead More
This article is intended for those of you who are at the beginning of your investing journey and want a simplistic look at the return on Highland Gold Mining LimitedRead More...Read full newsRead More
Is this why Trump just held out an olive branch to China?Read full newsRead More
Just released drone footage of Tesla's Model 3 productionRead full newsRead More
US miner NioCorp Developments (OTCMKTS:NIOBF)(TSX:NB) revealed Thursday is about to receive a $1 million-shot in the arm from an entity managed by The Lind Partners, a New York-based asset management firm.The Colorado-based company, which expects to receive the funding on or around July 9, is in the midst of developing its huge Elk Creek superalloy project in southeast Nebraska, which some polit...Read More
Mr. Darin Wagner reportsBALMORAL COMMENCES SUMMER FIELD PROGRAM, DETOUR GOLD TREND PROJECT, QUEBECBalmoral Resources Ltd.'s summer 2018 field program is under way on its Detour Gold Trend Project in Quebec. The program will feature a minimum of 7,500 metres of diamond drilling, as well as a series of ground-based geophysical, geological and geochemical surveys on properties throughout the company'...Read More
The updated study demonstrates the robustness of Talisman Gold Project's economics.Read full newsRead More
The Canadian government said on Wednesday it had rejected the proposed Ajax open pit gold and copper mine in the Pacific province of British Columbia, citing what it said were significant adverse environmental effects.Read full newsRead More
Moody's based its upgrade largely on the miner's South Deep Mine's proven gold reserves, which account for about 71% of Gold Fields total gold reservesRead full newsRead More
This article is intended for those of you who are at the beginning of your investing journey and want a simplistic look at the return on Highland Gold Mining LimitedRead More...Read full newsRead More
Mr. Peeyush Varshney reportsZINCX RESOURCES COMMENCES 2018 DRILL PROGRAM AT AKIEDrilling has commenced on Zincx Resources Corp.'s Akie project. The company is now executing on its planned 2,500-metre large-diameter HQ diamond drilling program that will focus on high-priority targets along strike of the Cardiac Creek deposit and on the eastern Akie Gunsteel panel.2018 drill objectives: Drill test...Read More
This article is intended for those of you who are at the beginning of your investing journey and want a simplistic look at the return on Highland Gold Mining LimitedRead More...Read full newsRead More
Shares in Canadian gold junior Lumina Gold (TSX-V:LUM) (OTC:LUMAF) jumped Thursday after the company announced it had received positive results of the Preliminary Economic Assessment (PEA) for its Cangrejos gold-copper project in southern Ecuador.Based on the PEA, the asset has gained a place in the list of top 15 undeveloped gold projects in the world based on its average annual production pote...Read More
A US law firm has filed a class action lawsuit against South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) on behalf of shareholders over losses suffered after a series of deaths at its mines, which has caused a sharp drop of the stock price.Suit comes after a fatality at the Khomanani mine earlier this week brought the death toll on company's premises to 21 so far this year.Bernstein Liebhar...Read More
Perhaps everything is going to turn out just fine. The American tactic of slapping new tariffs on just about every country in the world of consequence could turn out to be a brilliant negotiating strategy. Tariffs could end up forcing America's friends and foes to come to the table to cut historic deals of substance. Canada, Europe, Japan, and Mexico may all agree to lower trade barriers and tari...Read More
While current stock-related headlines fixate on trade war and tariffs, oil prices, and real estate bubbles, little financial advice seems to be doing the rounds for risk investors.To remedy that, here are three stocks that have very high growth curves ahead of them. To minimize the risk, only the safest of high-growth stocks have been chosen.Guyana Goldfields Inc. (TSX:GUY)Still selling at a disco...Read More