Mining Articles

Corvus Gold Drills 18.3 Metres @ 4.02 g/t Gold, West Zone Stepout Hole, Mother Lode Project, Nevada

Wed Jun 13 14:55:35 2018 / Staff reporter

Corvus Gold Inc. ("Corvus" or the "Company") - (TSX:KOR) (OTCQX:CORVF) announces it has received further results from its resource expansion drilling program on the western and eastern sides of the Mother Lode deposit (Figure 1).Read full newsRead More

RT @CROP_cse: CROP REVEIVES DTC ELIGIBILITY $CROP.ca $CRXPF

Wed Jun 13 14:35:41 2018 / CROP CORP

CROP Infrastructure Corp. is a North American enterprise ideally positioned to aid the explosive growth of the specialty crop production sector.Read full newsRead More

Wallbridge Starts Ramp Development and Underground Drilling at Fenelon Gold @WMmining

Wed Jun 13 14:30:17 2018 / Wallbridge Mining

Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) (Read full newsRead More

3 Penny Stocks Poised for Growth the Rest of 2018

Jun 13, 2018, 2:13 pm / Will Healy, InvestorPlace Contributor

Many of the so-called “rags to riches” stories coming from the stock market involve penny stocks. Penny stocks usually achieve that status when investor cast legitimate doubts about their financial future. Indeed, many stocks which fall below $1 per share never recover and end up falling to $0, wiping out investors.However, others go on to recover, returning their stock price to the do...Read More

Copper veteran has unfinished business at world's biggest pit

Jun. 13, 2018, 1:22 PM / Bloomberg News

(By Laura Millan Lombrana)(Bloomberg) - Nelson Pizarro wants to remain at the helm of the world's biggest copper company until he can cut the ribbon on a project to convert its flagship pit into a giant underground mine.He's been in mining for most of his 77 years, with the last four spent guiding state-owned Codelco through a painful downturn. With a change of government in Chile this year and a...Read More

#Crypto Markets Buoyed in Wake of Bilateral Talks Between US and North Korea

Wed Jun 13 13:15:56 2018 / Staff reporter

Bitcoin's (BTC) price has increased by around 0.63% since its dip to US$6,716 earlier today. As bitcoin's price experienced a modest bump, most of the crypto markets followed the dominant digital currency's upward price trend, leading both major cryptocurrencies and tokens to increase by 1 to...Read full newsRead More

Cobalt hunt takes Aussie explorer to forest on BMW's doorstep

Jun. 13, 2018, 1:04 PM / Bloomberg News

(By Elisabeth Behrmann)(Bloomberg) - The search for cobalt, a key component of the battery-powered auto fleets of the future, has arrived on BMW AG's doorstep with a discovery of an ore deposit not far from the plant where the German manufacturer makes its i3 electric city car.The cobalt find in a forested section of Saxony's Eichigt municipality, Germany's first detection of the metal in modern t...Read More

Falcon Signs Agreement on Wabunk Bay, cobalt claims adjoining Uchi Mine, Northwestern Ontario

Jun. 13, 2018, 11:59 AM / Newsfile Corp News Releases

HIGHLIGHTS:Located in historic Uchi gold mining camp;Strategically close to important infrastructure including road access and electrical power line;Historical surface sampling & shallow drilling on numerous occurrences of cobalt, copper, nickel and platinum group metals ("PGM's");Reported trench samples assayed 0.33% cobalt over 1.5meters and 0.15% cobalt over 7.6meters; andLow cost of entry and...Read More

France's ERAMET raises bid for Australia's Mineral Deposits

Jun. 13, 2018, 11:08 AM / Reuters

June 13 (Reuters) - France's ERAMET on Wednesday increased its all-cash offer for Australia's Mineral Deposits Ltd to A$1.75 a share, valuing the company at A$344.7 million ($261 million).ERAMET said it would pay A$322 million for the shares it did not already own in the company.The offer was 19.9 percent higher than ERAMET's last offer of A$1.46 per share, and represented a 51 percent premium to...Read More

Australia's Incitec Pivot wins explosives' contract with Fortescue Metals

Jun. 13, 2018, 10:54 AM / Reuters

June 13 (Reuters) - Industrial explosives maker Incitec Pivot Ltd said on Wednesday its Dyno Nobel business received an explosives' products-and-services contract with units of Fortescue Metals Group.The contract with the two units of the world's fourth-largest iron ore miner will last until December 2023, Incitec said.The contract is expected to partially offset the drop in profit the company had...Read More

Petra Diamonds secures $170 million to help lower debt

Jun. 13, 2018, 9:08 AM / Cecilia Jamasmie

Shares in Petra Diamonds (LON:PDL) climbed around 5% on Wednesday after the South African miner said shareholders had approved a rights issue to raise about $170 million to help cut its debt burden.The company has more than $600 million of debt it accumulated by building a new plant and digging deeper at its flagship Cullinan diamond mine.The company, owner of the iconic Cullinan mine, where the...Read More

Corvus Gold drills 18.3 m of 4.02 g/t Au at Mother Lode

2018-06-13 08:10 / Mr. Jeffrey Pontius reports

Mr. Jeffrey Pontius reportsCORVUS GOLD DRILLS 18.3 METRES @ 4.02 G/T GOLD, WEST ZONE STEPOUT HOLE, MOTHER LODE PROJECT, NEVADACorvus Gold Inc. has received further results from its resource expansion drilling program on the western and eastern sides of the Mother Lode deposit. The western expansion zone hole ML18-067 returned 18.3 metres at 4.02 grams per tonne gold, intersecting the main zone in...Read More

Amarillo assays 40.7m of 1.75 g/t Au in 2011 drill core

2018-06-13 07:30 / Mr. Mike Mutchler reports

Mr. Mike Mutchler reportsAMARILLO ANNOUNCES ASSAY RESULTS AND EXPLORATION UPDATE Amarillo Gold Corp. previously announced on May 23, 2018, that it had commenced a 10,000-metre drill program on its flagship Mara Rosa project. The assay results reported in the table are from four geotechnical holes drilled in 2011, but only now assayed as part of this new campaign. GOLD FIRE ASSAY RESULTS -- GEOTECH...Read More

The Next Gold Mine in Tropical Paradise Obtains $40 Million Financing

Wed Jun 13 07:00:08 2018 / Staff reporter

Two projects on a mining-friendly tropical island are moving forward, one in the final ramp-up to production and one at a very early stage.Read full newsRead More

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

Wed Jun 13 07:00:07 2018 / Staff reporter

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

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

Wed Jun 13 07:00:04 2018 / Staff reporter

LONDON, UK / ACCESSWIRE / June 12, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from 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

Several Workers Killed at Sibanye Gold Mine in South Africa

Wed Jun 13 07:00:03 2018 / Staff reporter

Several workers who went missing Monday at a Sibanye Gold Ltd. mine in South Africa have been found dead, bringing the number of people killed at the company's operations this year to more than a dozen.Read full newsRead More

Bonterra Resources drills three m of 44.9 g/t Au

2018-06-13 06:15 / Mr. Nav Dhaliwal reports

Mr. Nav Dhaliwal reports BONTERRA INTERSECTS 44.9 G/T OVER 3.0 M AND EXTENDS MINERALIZATION IN MULTIPLE ZONES AT THE GLADIATOR GOLD DEPOSIT Bonterra Resources Inc. has released the latest drilling results from the continuing resource development program at the Gladiator gold deposit. The drill results included an intersection of 44.9 grams per tonne gold over 3.0 metres, which extended a high-grad...Read More

Southern Copper to begin operations at $2.5bn Michiquillay earlier than expected

Jun. 13, 2018, 5:55 AM / Cecilia Jamasmie

Southern Copper (NYSE: SCCO) the world's fifth-largest producer of the red metal, expects to kick off operations at its $2.5 billion Michiquillay project in Peru by 2022, three years earlier than what it said in April.The company, which won the public auction for the project in February by offering Peru's government investment agency Proinversi??n $400 million and a 3% royalty rate, said it would...Read More

Tharisa expands Zimbabwe exposure with $4.5 million platinum deal

Jun. 13, 2018, 5:00 AM / Cecilia Jamasmie

Chrome producer Tharisa (LON:THS) grew its exposure to Zimbabwe on Wednesday by acquiring a 26.8% stake in Karo Mining Holdings for $4.5 million, gaining access to 23,903 hectares of land in the country Great Dyke, which has a potential for 96 million ounces of platinum and palladium.Land is said to contain the world's largest known platinum group metal (PGM) deposits outside of South Africa.The m...Read More

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