Mining Articles

Ira Epstein's Metals Video: May 30, 2018 - Even a currency crisis can'tdrive gold higher

30 May, 2018 / Ira Epstein

By: Ira EpsteinIra Epstein reviews the days trading in the metal markets. For more information and access to Ira's free offers for commodity traders, visit https://www.iraepstein.com. Link to Our Website: https://www.iraepstein.com Read More

Are Gold And Silver Bullion Obsolete In The Crypto Age?

30 May, 2018 / Mark O'Byrne, GoldCore

What is the outlook for the global economy, financial markets, crypto currencies such as bitcoin and gold and silver bullion in the digital age?Fresh insights as CrushtheStreet.com interview Mark O'Byrne who gives his diagnosis on the outlook for gold in 2018, and looks at the long-term relevance of precious metals in the digital age of crypto and the blockchain alongside Bitcoin's emergence a...Read More

The #gold price is all about the US dollar right now, says David Erfle of JuniorMinerJunky:

Wed May 30 19:10:04 2018 / Staff reporter

Troubles in the Middle East aren't having an effect on gold, according to self-taught investor David Erfle. But the US dollar, which continues to strengthen, is a major force.Read full newsRead More

Brixton Metals Drills 3.55% Cobalt over 0.98m at Its Langis Project

Wed May 30 16:31:53 2018 / Brixton Metals

Brixton Metals Corporation (TSXV:BBB) (the "Company" or "Brixton") is pleased to announce drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada.Read full newsRead More

.@degreymining reports high-grade #gold results at Pilbara project:

Wed May 30 15:45:05 2018 / De Grey Mining

With a recent $5-million investment under its belt, De Grey Mining has discovered high-grade gold zones at its Mount Berghaus deposit in the Pilbara area.Read full newsRead More

Canada's Bear Creek prepares IPO in Peru to finance silver mine

May. 30, 2018, 1:06 PM / Reuters

LIMA, May 30 (Reuters) - Canadian miner Bear Creek Mining Corp will likely make a public offering for its Peruvian unit on the bourse in Lima to help finance its $550 million Corani silver project, the company's chief financial officer said on Wednesday.Bear Creek would also consider selling a stake in the Corani project in southern Peru to help pay for the project, said Paul Tweddle."Everything's...Read More

Lithium-Produzent #SQM: Verkaufspreise erreichen neues Rekordniveau

Wed May 30 10:38:23 2018 / Staff reporter

Lithium-Produzent #SQM: Verkaufspreise erreichen neues RekordniveauRead full newsRead More

Top gold stock shows cash obsession is what investors want

May. 30, 2018, 10:04 AM / Bloomberg News

By James Attwood(Bloomberg) - The fact that Cia. de Minas Buenaventura SAA is beating rivals in the stock market at a time it's generating the most cash in seven years says something about what investors are looking for in gold stocks.Buenaventura's U.S. shares have surged 63 percent in the past two years, the most among peers. A focus on efficiency at existing mines, while spending cautiously on...Read More

U.S. Gold Corp. Plans to Commence Drilling at Potato Canyon on the Keystone Project, Cortez Gold Trend, Nevada

2018-05-30 09:00 / Staff reporter

ELKO, Nev., May 30, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce it plans to commence drilling in the Potato Canyon area in the Southwest section of the Keystone Project. Read More

Honduran villagers take legal action to stop mining firm digging up graves for gold

Wed May 30 08:45:19 2018 / Staff reporter

Families face pressure to decide the fate of their relatives' grave, dividing the community of Azacualpa where as many as 350 bodies have already been exhumedRead full newsRead More

Dynacor Gold begins exploration at Tumipampa

2018-05-30 08:42 / Mr. Jean Martineau reports

Mr. Jean Martineau reportsDYNACOR BEGINS ITS EXPLORATION CAMPAIGN AT TUMIPAMPADynacor Gold Mines Inc. has begun its 2018 exploration campaign in the disseminated gold zone at Tumipampa. Following a new agreement with the local community, Dynacor has begun the first steps in its 2018 to 2019 exploration campaign at Tumipampa. The exploration will focus on the Sumac brecciated quartzite zone and Oro...Read More

Honduran villagers take legal action to stop mining firm digging up graves for gold

Wed May 30 08:03:18 2018 / Staff reporter

Families face pressure to decide the fate of their relatives' grave, dividing the community of Azacualpa where as many as 350 bodies have already been exhumedRead full newsRead More

Mining firm in Tanzania to retrench workers

Wed May 30 06:26:26 2018 / Staff reporter

Mining News reported that Tanzania's Pangea Minerals Limited has announced it will reduce its workforce next month, in an attempt to cut operating costs.Read full newsRead More

Gold Mining Stock Outlook - June 2018

Wed May 30 06:26:24 2018 / Staff reporter

Gold Mining Stock Outlook - June 2018Read full newsRead More

India seeks gold, diamond mining rights in Russia

Wed May 30 06:26:22 2018 / Staff reporter

India is seeking rights to mine for gold and diamonds in Russia's resource-rich Far East, Trade Minister Suresh Prabhu told Reuters on Tuesday.Read full newsRead More

Honduran villagers take legal action to stop mining firm digging up graves for gold

Wed May 30 06:26:19 2018 / Staff reporter

Families face pressure to decide the fate of their relatives' grave, dividing the community of Azacualpa where as many as 350 bodies have already been exhumedRead full newsRead More

Peekaboo Beans Reports $750,000 in Revenue in Q2, Margins Improve 66% Over 2017 Q2, Sets Date for Quarterly Conference Call

May 30, 2018 06:02:46 / Staff reporter

Vancouver, BC - Peekaboo Beans Inc (TSX-V:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to report $752,000 in revenue in Q2 2018, a 14% increase over the same period in 2017.Key Highlights:Raised $2.2 million in gross funding through equity financingImproved gross margin to 35.7% up from 23.7% in the same period last yearContinued on U.S. expansion growth in Q2, 9% of Q2...Read More

Gold Fields to set aside acquisitions, sees industry costs rising - CEO

May. 30, 2018, 6:00 AM / Reuters

South Africa's Gold Fields is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer's chief executive told Reuters late on Tuesday.Gold Fields' finances might be "a little bit negative" this year before likely improving in 2019, when the company should begin to reap the rewards from two years of heavy invest...Read More

Honduran villagers take legal action to stop mining firm digging up graves for gold

Wed May 30 05:48:18 2018 / Staff reporter

Families face pressure to decide the fate of their relatives' grave, dividing the community of Azacualpa where as many as 350 bodies have already been exhumedRead full newsRead More

Russian gold miner Polyus posts 51 pct drop in Q1 net profit

May. 30, 2018, 3:41 AM / Reuters

Polyus, Russia's largest gold producer, on Wednesday reported first-quarter net profit down 51 percent at $244 million, hit by reduced foreign exchange gains and other non-cash items.The company controlled by Said Kerimov, son of Russian tycoon Suleiman Kerimov, has not been targeted by the U.S. sanctions against Moscow. Washington included Suleiman Kerimov and some other Russian businessmen on...Read More

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