Mining Articles

Maple Gold (TSXV: MGM) Outlines Additional Mineralization from Step-Out Drilling at Nika and NW Zones

June 11, 2018 / Montreal, Quebec

Montreal, Quebec - June 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to report additional drill results from the Nika and NW Zones located in the northwestern portion of the current Resource Area.In the Nika Zone area, hole DO-18-227 cut 5m of 2.32 g/t Au from 101m downhole (estimated v...Read More

Gold is Boring. But Boring is Good.

June 11, 2018 / Luke Burgess

The worst possible thing that can happen to gold has happened...Gold has become boring.Very few investors are excited about the yellow metal right now - and even fewer are buying.Google Trends shows the search term "buy gold" at a 10-year low. Meanwhile, the U.S. Mint reports sales of American Gold Eagles at a multi-year low.What has happened to sales? Why has gold become boring?Many analysts poin...Read More

Harmony Gold Mining Company Ltd.: Fatality at Bambanani mine

Sun Jun 10 06:53:52 2018 / Staff reporter

08 Jun '18 Johannesburg, Friday, 8 June 2018. Harmony Gold Mining Company Limited ('Harmony' and/or 'the Company') regrets to advise that one of its employees was fatally injured in a fall of ground incident at its Bambanani mine in the Free State this morning and has tragically succumbed to his injuries. An investigation into the accident is underway. [...]This is an abst...Read More

BRIEF-Real Gold Mining Says Zhang Yanchun Resigns As CEO

Sun Jun 10 06:53:52 2018 / Staff reporter

June 8 (Reuters) - Real Gold Mining Ltd: * ZHANG YANCHUN TENDERED HIS RESIGNATION AS AN EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER Source text for Eikon: Further company coverage:Read full newsRead More

Nevada continues to be top gold producer in the nation

Sun Jun 10 06:53:52 2018 / Staff reporter

CARSON CITY - Gold production in Nevada increased more than 3 percent in 2017 compared to last year while gold prices were up slightly, according to reports released in MayRead full newsRead More

Main customer of Arizona coal plant goes green, ignoring Interior Dept

Jun. 10, 2018, 5:59 AM / Reuters

The main buyer of electricity from an Arizona coal plant on the verge of closure said on Friday it will instead source its electricity largely from a solar power project, ignoring an appeal by the U.S. Interior Department to buy more power from the plant to keep it open.The Trump administration has been waging a broad effort to keep aging coal and nuclear plants from retirement, arguing that their...Read More

Main customer of Arizona coal plant goes green, ignoring Interior Dept

Jun. 10, 2018, 5:59 AM / Reuters

The main buyer of electricity from an Arizona coal plant on the verge of closure said on Friday it will instead source its electricity largely from a solar power project, ignoring an appeal by the U.S. Interior Department to buy more power from the plant to keep it open.The Trump administration has been waging a broad effort to keep aging coal and nuclear plants from retirement, arguing that their...Read More

Congo mining code regulations signed into law - aides

Jun. 10, 2018, 5:45 AM / Reuters

Regulations to implement Congo's new mining code have been signed into law with no changes, advisers to the prime minister told Reuters on Saturday, despite objections from mining firms that have been threatening legal action.Prime Minister Bruno Tshibala signed the regulations into law overnight, his adviser Patrick Mutombo Buzangu told Reuters by telephone, but gave no further details.The prime...Read More

Thousands protest against uranium mine in Spain

Jun. 10, 2018, 5:00 AM / Valentina Ruiz Leotaud

Spanish media are reporting that between 3,000 and 5,000 people hailing from different cities in Spain, as well as from Portugal and France, rallied this weekend in Salamanca to express their rejection to a uranium mine being built in the Retortillo municipality.The Salamanca project is Berkeley Energia's (ASX, LSE: BKY) flagship mine and is located on the Retortillo-Santidad uranium deposit, in t...Read More

Scientists develop technique to reduce cost, environmental impact of mining precious metal

Jun. 10, 2018, 5:00 AM / Valentina Ruiz Leotaud

Researchers at the University of Notre Dame invented a new class of molecules whose shape and size enable them to capture and contain precious metal ions. In a study published in the Journal of the American Chemical Society, the scientists explain that the method they have developed converts gold-containing ore into chloroauric acid and extracts it using an industrial solvent. The container molecu...Read More

Five bodies rescued from collapsed mine in Mexico

Jun. 10, 2018, 4:00 AM / Valentina Ruiz Leotaud

Civil Defense officers rescued a fifth body from a mine site in northern Mexico where a dam filled with liquid waste collapsed last Monday. Two other miners are still missing.A couple of workers who presented minor injuries were hospitalized earlier this week.The dam breach took place at the Cieneguita gold-silver mine, located in the Urique municipality of the Chihuahua state. The place is operat...Read More

WTF Just Happened: President Trump, BLS & MSM Still Lying About The US Economy

June 10, 2018 / admin

The BLS (Bureau of Labor Statistics) released its "hey man, lots of jobs open" report last week. The problem is that the credibility of the report is only as good as the credibility of the organization that prepares the report. In this case, the BLS and Census Bureau, both of which are notorious for highly suspect data collection and data "adjustment" techniques (true story: sometimes Census...Read More

Harmony Gold Mining Company Ltd.: Fatality at Bambanani mine

Sat Jun 09 06:52:07 2018 / Staff reporter

08 Jun '18 Johannesburg, Friday, 8 June 2018. Harmony Gold Mining Company Limited ('Harmony' and/or 'the Company') regrets to advise that one of its employees was fatally injured in a fall of ground incident at its Bambanani mine in the Free State this morning and has tragically succumbed to his injuries. An investigation into the accident is underway. [...]This is an abst...Read More

Culture, craft collide at worldwide mine comp

Sat Jun 09 06:52:05 2018 / Staff reporter

Water sloshed into the air, onto the ground and all over the judges as members of the University of Arizona alumni team dunked and shook gold pans in a troughRead full newsRead More

Nevada continues to be top gold producer in the nation

Sat Jun 09 06:52:03 2018 / Staff reporter

CARSON CITY - Gold production in Nevada increased more than 3 percent in 2017 compared to last year while gold prices were up slightly, according to reports released in MayRead full newsRead More

Consumer Spending Contraction: Two Charts That Horrify Keynesians

June 9, 2018 / admin

"While the decline in housing activity has been significant and will probably continue for a while longer, I think the concerns we used to hear about the possibility of a devastating collapse-one that might be big enough to cause a recession in the U.S. economy-have been largely allayed..." - Janet Yellen 1/22/07The propaganda is always laid on the heaviest just ahead of The Fall. The employment...Read More

HART: Homeland Security's Massive New Database Will Include Face Recognition, DNA, and Peoples' "Non-Obvious Relationships"

June 09, 2018 / Jennifer Lynch

Originally Published by Electronic Frontier FoundationSo why do we know so little about it?The U.S. Department of Homeland Security (DHS) is quietly building what will likely become the largest database of biometric and biographic data on citizens and foreigners in the United States. The agency's new Homeland Advanced Recognition Technology (HART)database will include multiple forms of biometrics...Read More

We Remain On Egg Shells

June9, 2018 / Dennis Slothower

The stock market is thoroughly overbought on both a short-term and intermediate-term basis and, on Thursday, that began to show as the tech sector and small-cap stocks corrected while investment bank stocks were still helping the Dow 30 to extend gains.Notice, the oscillators on this chart are extended and at levels where the market tends to correct. Even with all the bullish narrative, the S&P 50...Read More

Gold Seeker Weekly Wrap-Up: Gold Gains and Silver Rises Over 2% on the Week

8 June, 2018 / Chris Mullen, Gold Seeker Report

CloseGain/LossOn WeekGold $1298.50+$1.60+0.42%Silver$16.76+$0.07+2.26%XAU82.93-0.07%-0.13%HUI178.83+0.11%-0.18%GDM623.60-0.30%+0.41%JSE Gold1060.13+14.27+4.47%USD93.57+0.12-0.70%Euro117.70-0.30+0.95%Yen91.40+0.22-0.02%Oil$65.74-$0.21-0.11%10-Year2.943%+0.024+1.41%Bond143.90625-0.21875-0.52%Dow25316.53+0.30%+2.77%Nasdaq7645.51+0.14%+1.21%S&P2779.03+0.31%+1.62% The Metals: Gold dipped to $12...Read More

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