Mining Articles

Video: Northwest Territories mining panel discussion at CMS 2018

June 1, 2018 / Posted Northern Miner Staff

A special territory panel discussion, "NWT Mining: The Key to Unlocking Our Potential", recorded live at the Canadian Mining Symposium in London on April 25, 2018.Opening Remarks: Wally Schumann, Minister of Industry, Tourism and Investment and Minister of Infrastructure, Government of Northwest Territories.Moderator: John Cumming, Editor-in-chief, The Northern Miner.Panelists: Michael J. Byron, p...Read More

It's been tough - but now is the time to invest in gold, says this analyst:

Thu May 31 22:09:00 2018 / Staff reporter

Everybody should have gold in their portfolio, says Chris Mancini of Gabelli Asset Management in this interview. And now is the time to invest.Read full newsRead More

Consequences of Ignoring Economic Reality Are Dangerous

31 May, 2018 / Goldcore

"We can ignore reality, but we cannot ignore the consequences of ignoring reality..."Source: Thequotepedia.comGuest Post by Gary Christenson of Deviant InvestorThe western world has ignored economic realities for decades.It's not a Republican or Democratic problem. Banking, power, fiat currencies, dishonest money and transfers of wealth are the issues.The consequences of ignoring reality are...Read More

Economic geologist Brent Cook shares #investing tips in this #IMIC18 interview - watch now:

Thu May 31 19:30:19 2018 / Staff reporter

Brent Cook of Exploration Insights says while institutional and retail funds are scarceRead full newsRead More

#Crypto Markets Stabilize

Thu May 31 18:00:22 2018 / Staff reporter

Bitcoin's (BTC) price has increased by around 6.5% since its dip to US$7,040 earlier today, stabilising in the US$7,500 region at press time. Unsurprisingly, as the bitcoin price spiked, the entire cryptocurrency market followed the dominant cryptocurrency's upward price trend, leading both major ...Read full newsRead More

Benj Gallander of @ContratheHeard shares a #gold stock pick in this #IMIC18 interview:

Thu May 31 16:10:05 2018 / Contra the Heard

Benj Gallander of Contra the Heard Investment Letter says there's danger investing in new sectors like cannabis and cryptocurrencies, where scammers are taking advantage of speculators.Read full newsRead More

St-Georges Eco-Mining Signs Agreement to Spin-Out Subsidiary ZeU --

Thu May 31 15:31:34 2018 / Staff reporter

Momentum Public Relations Press Release: May 31 2018 St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce the signing of an arrangement agreement providing for the spin-out of its subsidiary ZeU Crypto Networks Inc. with the intent of listing ZeU on the Canadian Securities Exchange. Under the terms of the ArrangementRead full newsRead More

RNC Minerals secures US$13m financing

May. 31, 2018, 2:52 PM / CNW Group

TORONTO, May 31, 2018 /CNW/ - RNC Minerals (TSX: RNX) ("RNC") announced today that it has entered into a US$13 million bridge financing facility (the "Facility") with Auramet International LLC ("Auramet") due May 15, 2019. The Facility will eliminate the majority of debt repayment commitments during 2018.Mark Selby, President and CEO of RNC Minerals, said, "The Facility is a critical step in repos...Read More

Petropavlovsk turns up the heat on biggest shareholder Rakishev

May. 31, 2018, 1:04 PM / Reuters

LONDON, May 31 (Reuters) - Petropavlovsk has said it will remove the board member representing the Russian gold miner's biggest shareholder Kenges Rakishev, ratcheting up tensions between rival investor groups over management of the company.In a notice for its annual meeting on June 29, London-listed Petropavlovsk proposed removing Rakishev's nominated director Bektas Mukazhanov."Upon delivery of...Read More

Indonesia's Adaro says Australia approves Kestrel coking coal mine deal

May. 31, 2018, 12:44 PM / Reuters

JAKARTA, May 31 (Reuters) - Indonesian coal miner Adaro Energy said Australian authorities have approved its plan to acquire Rio Tinto's stake in the Kestrel coking coal mine in the Australian state of Queensland, and the company expects to finalise financing for the deal on July 1.Under the planned $2.25 billion transaction, Adaro will take a 48 percent stake of Rio's current 80 percent interest...Read More

Emerging market meltdown could undermine oil rally

May. 31, 2018, 12:33 PM / Oilprice.com

Saudi Arabia and Russia just destroyed the oil price rally, potentially putting an end to all the speculation about what the group might do next. But higher production doesn't necessarily mean higher oil prices are entirely out of the question, and in fact, the oil market is still faced with a ton of uncertainty.Higher oil production from the OPEC/non-OPEC group would seem to close off the higher-...Read More

Peru's Buenaventura seeks deal with Southern on copper project

May. 31, 2018, 12:05 PM / Reuters

LIMA, May 30 (Reuters) - Peruvian precious metals miner Buenaventura said Southern Copper Corp is evaluating its proposal to jointly develop Southern's $2 billion copper project Michiquillay, Buenaventura's chief executive told Reuters on Wednesday."They were receptive ... but it's up to them to evaluate the preliminary proposal," Victor Gobitz said in an interview at the International Gold & Silv...Read More

Tharisa may join $4.2bn Zimbabwe platinum project

May. 31, 2018, 11:09 AM / Bloomberg News

(Bloomberg) - Tharisa Plc, the platinum and chrome miner run by the Pouroulis family, is considering investing in a $4.2 billion platinum project in Zimbabwe being developed by another company founded by the family.Tharisa would join Karo Resources, founded by mining entrepreneur Loucas Pouroulis, in building the mine, located on the Great Dyke, a 550-kilometer (342 miles) range of hills rich in...Read More

South Africa's Sibanye explores debt-cutting options

May. 31, 2018, 10:51 AM / Reuters

JOHANNESBURG, May 31 (Reuters) - South African precious metals producer Sibanye-Stillwater is exploring ways to cut debt, it said on Thursday, but ruled out tapping shareholders for funds.Sibanye had net debt of 23.7 billion rand ($1.9 billion) at the end of December, accumulated after an acquisition spree that saw it diversify from gold to platinum with operations spanning two continents.The comp...Read More

Novo\'s Comet samples return 10.4 g/t, 1.5 g/t Au

2018-05-31 10:40 / Mr. Rob Humphryson reports

Mr. Rob Humphryson reportsNOVO REPORTS FIRST BULK SAMPLE RESULTS FROM COMET WELLNovo Resources Corp. has provided results for the first two bulk samples from Comet Well, part of Novo's Greater Karratha gold project in the Pilbara region of Western Australia. Sample KX157, a 7.143-tonne bulk sample previously reported to contain numerous gold nuggets (please refer to the company's news release date...Read More

Eurozone: L??nder mit der h??chsten Verschuldung

Thu May 31 10:28:06 2018 / Staff reporter

Eurozone: L??nder mit der h??chsten VerschuldungRead full newsRead More

Sprott Inc. Invests In Emergent Technology Holdings

2018-05-31 10:04 / Mr. Andrew Parsons of Emergent reports

Mr. Andrew Parsons of Emergent reportsSPROTT INC. INVESTS IN EMERGENT TECHNOLOGY HOLDINGS Emergent Technology Holdings LPhas noted a recent equity investment from Sprott Inc.The investment by Sprott, a global leader in precious metal and real asset investments, comes as Emergent prepares to launch a technology platform for the gold industry.Emergent's Responsible Gold platform uses blockchain tech...Read More

US allies hit back at Washington's steel, aluminum tariffs

May. 31, 2018, 9:30 AM / Reuters

By Jason Lange and Ingrid MelanderWASHINGTON/PARIS, May 31 (Reuters) - Canada and Mexico retaliated against the United State's decision on Thursday to impose tariffs on steel and aluminum imports and the European Union had its own reprisals ready to go, reigniting investor fears of a global trade war.The tariffs, announced by U.S. Commerce Secretary Wilbur Ross in a telephone briefing on Thursday,...Read More

#Kupfer: Lagerbest??nde an der LME fallen erheblich

Thu May 31 09:23:29 2018 / Staff reporter

#Kupfer: Lagerbest??nde an der LME fallen erheblichRead full newsRead More

Novo Resources halted at open

2018-05-31 07:34 / Novo Resources Corp. has been halted at the open on May 31, 2018, at the request of the company, pending an announcement.

Novo Resources Corp. has been halted at the open on May 31, 2018, at the request of the company, pending an announcement.© 2018 Canjex Publishing Ltd. All rights reserved.Read More

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