Mining Articles

Here are the top 10 gold-producing countries

Fri Jun 15 14:41:52 2018 / Business Insider

In 2017, global gold mine production was a reported 3,247 tonnes with China being the largest producer.Read full newsRead More

Here are the top 10 gold-producing countries

Fri Jun 15 14:41:52 2018 / Business Insider

In 2017, global gold mine production was a reported 3,247 tonnes with China being the largest producer.Read full newsRead More

Trump trade war blows up big week for mining majors

Jun. 15, 2018, 12:53 PM / Frik Els

Big mining blastedMining and metals investors were offloading the sector's big names on Friday over fears of the impact of a trade war between the US and China, which is responsible for nearly half the world's industrial metal demand and two-thirds of the world's seaborne trade in steelmaking raw materials.Copper fell nearly 3% to $3.13 a pound or $6,900 a tonne, pushing the bellwether metal back...Read More

Samarco is said nearing settlement with Brazil prosecutors

Jun. 15, 2018, 10:29 AM / Bloomberg News

(Bloomberg) - After a year of back and forth, the owners of the Samarco iron-ore mine are close to signing a definitive settlement with Brazilian prosecutors that will clear the way for restart preparations and debt talks to begin, people briefed on the matter said. Bonds jumped.Joint venture partners Vale SA and BHP Billiton Ltd. have already secured four court extensions to negotiate the settle...Read More

6 Cheap Stocks to Buy Under $6

Jun 15, 2018, 9:32 am / Anthony Mirhaydari, InvestorPlace Market Strategist

Stock markets finished lower Thursday as traders responded to a surprisingly hawkish turn by the world’s three major central banks over the past 24 hours. Today, the Dow Jones Industrial Average looks to open sharply lower as Trump’s trade war with China manifests a $100 billion round of tariffs on Chinese goods.There’s a lot to digest.The Federal Reserve raised interes...Read More

Newmont Mining & Barrick Gold: Buy One, Sell the Other

Fri Jun 15 09:22:44 2018 / Staff reporter

Barrick Gold may look cheap after its underperformance, but Morgan Stanley prefers Newmont Mining.Read full newsRead More

Hawkstone Mining walks away from US lithium deal

Jun. 15, 2018, 9:10 AM / Cecilia Jamasmie

Shares in Australia's Hawkstone Mining (ASX:HWK) dropped almost 23% on Friday after the company said it wouldn't proceed with the acquisition of USA Lithium.The botched deal would have added two lithium projects - the Big Sandy lithium clay project in Arizona and the Lordsburg lithium brine project in New Mexico - to Hawkstone's portfolio.The company had warned last month it t was in discussions w...Read More

Newmont Mining & Barrick Gold: Buy One, Sell the Other

Fri Jun 15 08:39:02 2018 / Staff reporter

Barrick Gold may look cheap after its underperformance, but Morgan Stanley prefers Newmont Mining.Read full newsRead More

Toxic leftovers from gold mine found in snowshoe hares

Fri Jun 15 07:04:42 2018 / Staff reporter

Even though it was closed decades ago, the Giant Mine on the outskirts of Yellowknife has left a long environmental legacy.Read full newsRead More

THROWBACK THURSDAY: A goldless gold mine in Elba; no golden egg beneath the chicken coop

Fri Jun 15 07:04:39 2018 / Staff reporter

ST, CHARLES - Gold.Read full newsRead More

Morgan Stanley Prefers Newmont Mining Over Barrick Gold

Fri Jun 15 07:04:37 2018 / Staff reporter

Mean reversion can be a powerful trading tool, particularly with pair trades. One Wall Street analyst said it's still too early to expect a mean reversion bump in underperforming Barrick Gold Corp (USA) ...Read full newsRead More

Newmont Mining & Barrick Gold: Buy One, Sell the Other

Fri Jun 15 07:04:36 2018 / Staff reporter

Barrick Gold may look cheap after its underperformance, but Morgan Stanley prefers Newmont Mining.Read full newsRead More

Glencore's great game is avoiding US sanctions: Chris Bryant

Jun. 15, 2018, 7:00 AM / Bloomberg Opinion

When the U.S. imposes sanctions on an individual, western multinationals are quick to fall into line. So if a London-listed company decides that - on reflection - they'll circumvent the ban by paying the person using a different currency, you can bet there's something interesting going on behind the scenes.The question is: What?Glencore Plc's announcement on Friday that its Democratic Republic o...Read More

Seawater yields first grams of yellowcake

Jun. 15, 2018, 6:47 AM / Pacific Northwest National Laboratory

This first gram of yellowcake was produced from uranium captured from seawater with modified yarn. Chien Wai and colleagues at LCW Supercritical Technologies produced the yellowcake, a powdered form of uranium used to produce fuel for nuclear power production.?EUR?Credit: LCW Supercritical TechnologiesSEQUIM, Wash. - For the first time, researchers at Pacific Northwest National Laboratory and LCW...Read More

Newmont Mining & Barrick Gold: Buy One, Sell the Other

Fri Jun 15 06:19:43 2018 / Staff reporter

Barrick Gold may look cheap after its underperformance, but Morgan Stanley prefers Newmont Mining.Read full newsRead More

Glencore settles legal row with former partner over Congo royalties

Jun. 15, 2018, 2:58 AM / Cecilia Jamasmie

Glencore will resume payments to its long-time partner in the DRC, Israeli billionaire Dan Gertler, pictured here. (Image: Bloomberg Markets via YouTube.)Miner and commodities trader Glencore (LON:GLEN) has settled a potentially damaging legal row with former business partner in Democratic Republic of Congo, Dan Gertler, by agreeing to pay royalties he is owed from copper and cobalt mines.The Swi...Read More

2 Unloved High-Growth Canadian Stocks to Buy and Hold

June 15, 2018 / Victoria Hetherington

They're getting overlooked by investors, and they have great futures ahead of them. Let's take a look at the two of the best unloved Canadian stocks with noticeable growth potential.Gold and green are today's lucky coloursOkay, so Alacer Gold Corp. (TSX:ASR) is based in the U.S., but let's not hold that against it. It's a currently the best unloved high-growth stock on the TSX. If you don't know A...Read More

The Top 10 Canadian Stocks Ranked by Overall Strength

June 15, 2018 / Victoria Hetherington

We just did you a solid.Here are the current top 10 strongest stocks on the TSX, sorted by overall performance based on dividend yield, track record, future growth, health, and value.It's a nicely diversified list, so if you are starting an investment portfolio, you might be looking at the basics of one right here. Itching for income stocks? Most of the following pay a dividend, and all have great...Read More

Layne now part of Granite base

15 JUNE 2018 / Staff reporter

Granite Construction (NYSE: GVA) has wrapped up its US$376 million (ex-debt) acquisition of Texas-based drilling contractor Layne Christensen, overcoming Layne shareholder objections to add Layne's water, infrastructure and mineral drilling businesses to its $2.9 billion construction and building materials base.Staff reporterGranite Construction has concluded its acquisition of Layne Christensen15...Read More

Accenture partners with Oz mining software firm

15 JUNE 2018 / Staff reporter

RPMGlobal this week extended its range of partnerships with major international firms with its master software licence and service deal with Accenture affiliate Proquire LLC. The ASX-listed mining software and consulting company (RUL) also continues to work with the likes of SAP, Schneider Electric and Komatsu to build traction for its 'digital mine' offerings.Staff reporter15 JUNE 201815/06/2018c...Read More

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