Mining Articles

Northern Empire drills 33.52 m of 0.61 g/t Au in Nevada

2018-05-29 06:27 / Mr. Michael Allen reports

Mr. Michael Allen reportsNORTHERN EMPIRE STEP-OUT DRILLING AT DAISY DEPOSIT EXTENDS MINERALIZATION TOWARD SURFACENorthern Empire Resources Corp. has released exploration results from drilling at the Daisy deposit. The Daisy deposit is the westernmost of the Crown deposits located within the company's 100-per-cent-owned, 141-square-kilometre Sterling gold project in Nye county, Nevada.Michael G. Al...Read More

Alio Gold and Rye Patch announce completion of business combination

Tue May 29 06:24:59 2018 / Staff reporter

Alio Gold Inc and Rye Patch Gold Corp announced that Alio Gold has completed the previously announced acquisition of all of the issued and outstanding shares of Rye Patch by way of a plan of arrangement.Read full newsRead More

Victoria Gold: Eagle Gold Mine Construction Pictures and Grant of Options

Tue May 29 06:24:58 2018 / Staff reporter

TORONTO, May28, 2018(GLOBE NEWSWIRE) -- Victoria Gold Corp. (the Company or Victoria) (TSX-V:VIT-V) is pleased to present a suite of pictures from the Companys Dublin Gulch property. The Dublin Gulch property...Read full newsRead More

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

Tue May 29 06:24:57 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

Court: Montana minimizes impact of mining near Yellowstone

Tue May 29 06:24:53 2018 / Staff reporter

A gold exploration proposal near Yellowstone National Park faced a significant setback as a judge blamed Montana officials for understating the potential for mining to harm land, water and wildlife. The ruling released Friday means the Montana Department of Environmental Quality would have...Read full newsRead More

Ascot drills 12.1 m of 11.65 g/t Au at Premier-Dilworth

2018-05-29 06:20 / Mr. Derek White reports

Mr. Derek White reportsINITIAL 2018 DRILL RESULTS FROM THE 602 ZONE SHOW ROBUST HIGH-GRADE GOLD MINERALIZATION AT PREMIER-DILWORTH PROJECTAscot Resources Ltd. has released initial drilling results of the first 11 holes from the 602 zone at the company's flagship Premier-Dilworth project. Several holes intercepted wide intervals of high-grade gold mineralization including 12.1 metres of 11.65 grams...Read More

Angkor Gold Provides Mesco Mine Site Update

Tue May 29 05:46:53 2018 / Staff reporter

Angkor Gold Corp. (ANK.V) (ANKOF) ("Angkor" or "the Company") President J.P. Dau is pleased to provide an update regarding progress recently observed at the Mesco mine site.In 2013 Angkor sold for $1.8 million US in cash a 12 km2 portion of its Oyadao South Exploration Licence, known as Phum SyarungRead full newsRead More

Newmont sells its royalty portfolio to Maverix Metals for $17 million, stake in the junior

May. 29, 2018, 4:53 AM / Cecilia Jamasmie

Newmont Mining (NYSE:NEM) has agreed to sell its full royalty portfolio to Canada's Maverix Metals (TSX-V: MMX), a precious metals royalty and streaming junior, in a transaction that gives the US miner $17 million cash and a 28%-stake in the Vancouver-based company.The Greenwood Village, Colorado-based miner, the only gold company that forms part of the S&P500 index, has a portfolio of 54 preci...Read More

Item from @metalbulletin highlighting tightness in physical nickel market and strong stainless steel price underpin...

Tue May 29 04:07:59 2018 / Metal Bulletin

"Item from @metalbulletin highlighting tightness in physical nickel market and strong stainless steel price underpinning the #nickel price https://t.co/eEIrQKHvyO"Read full newsRead More

Another week, another decisive move up in the #nickel price. SHFE price now stands near US$8/lb. Stainless steel pr...

Tue May 29 04:03:34 2018 / Staff reporter

"Another week, another decisive move up in the #nickel price. SHFE price now stands near US$8/lb. Stainless steel prices moving up, too, as reported by @metalbulletin https://t.co/etIctocb8l"Read full newsRead More

World's largest diamond miner De Beers to sell synthetic stones

May. 29, 2018, 2:14 AM / Cecilia Jamasmie

Anglo American's De Beers shocked the diamond market on Tuesday by announcing it will start selling jewellery containing man-made stones rather than precious rocks recovered from the ground, for the first time in its 130-year history.The pivotal shift for the world's No.1 diamond producer, which vowed never to sell synthetic stones, will begin in the US in September. There, the lab-made gems will...Read More

Maple Gold arranges $2.5-million FT offering

2018-05-29 01:49 / Mr. Matthew Hornor reports

Mr. Matthew Hornor reportsMAPLE GOLD ARRANGES UP TO $2,500,000 FLOW-THROUGH FINANCINGMaple Gold Mines Ltd. has arranged a non-brokered flow-through financing for aggregate gross proceeds of up to $2.5-million through the issuance of up to 8,333,333 common shares at a price of 30 cents per share. Maple Gold's president and chief executive officer, Matthew Hornor, stated:"This small flow-through rai...Read More

Buzz on the #Bullboards: #Investors Reveal Their #Investing Goals

Tue May 29 01:30:02 2018 / Staff reporter

As regular readers of "Buzz" know, Stockhouse has recently been expanding this feature beyond only alerting the Stockhouse Community to Bullboard activity on the site. We've also started monitoring the "pulse" of Stockhouse investors with our Investor Pulse Polls.We're asking you about your attitu...Read full newsRead More

Is it time to get back into Canada?

Tue, 29/05/2018 1:29 am / Ted Dixon

Date: Wednesday, May 30, 2018Time: 11:00 a.m. EasternModerator: Jeff Lucyk, Senior Vice-President and Head of Retail Sales, Horizons ETFsPresenters: Ted Dixon and Louis FortinDue to sector concentration issues, some investors see the Canadian equity market as a poor investment opportunity compared to other regions, most notably the U.S.However, the pendulum may be swinging to support a heavier al...Read More

Why Wheaton Precious Metals Corp. Belongs in Your Portfolio

May 29, 2018 / Demetris Afxentiou

Wheaton Precious Metals Corp. (TSX:WPM)(NYSE:WPM) continues to hold massive appeal for those investors who are looking for a precious metals investment without the added risk and volatility of a traditional miner.As a streamer, Wheaton benefits from not owning or operating the mine directly, but from providing an upfront financial injection to the traditional miner who in turn sets up the mine and...Read More

Cameco Corp. Is Up 18% in the Past 3 Months: Is the Stock Breaking Out?

May 29, 2018 / David Jagielski

Cameco Corp. (TSX:CCO)(NYSE:CCJ) has struggled over the years, but it looks as though the stock is finally gaining some steam. Over the past three years, its share price has dropped more than 26%, but year-to-date the stock has risen more than 18%. Low uranium prices have made life difficult for Cameco and forced the company to slash its payouts and scale back production in an attempt to push comm...Read More

Mining Stocks Are Historically Undervalued

May 29, 2018 / admin

The mining stocks are more undervalued relative to the S&P 500 than at any time since 2005:The mining stocks, especially the juniors, are more undervalued relative to the price of gold than at anytime in the last 18 years except late 2000 and December 2015. The poor sentiment and the constant price-capping of the sector by official entities has destroyed investor sentiment toward the sector. But t...Read More

Bigger Carrapateena on OZ radar

29 MAY 2018 / Tim Treadgold

Plans by OZ Minerals to expand copper output could be more ambitious than is currently appreciated with investors likely to quiz management this week at the company's annual strategy day about speculation that the new Carrapateena mine in South Australia could double in size.Tim TreadgoldNew thinking: OZ Minerals might double Carrapateena start-up mining rate29 MAY 201829/05/2018commentsshare Whil...Read More

Goldex shares up 164% after trading suspension lifted in Germany

May 29, 2018 / Resource World

The pilot plant at the Korokoro gold project in Mali, West Africa. Source: Goldex Resources Ltd.Shares of Goldex Resources Ltd. [GDX-TSXV] have gained over 164% in the last three trading sessions ending Tuesday May 29 after the company said a suspension of trading in its shares on the Frankurt Stock Exchange (FSE) was lifted on May 24, 2018."The company is fully disclosed of all material informati...Read More

Chaos in the Oil Patch: Energy Update, PBR, LNG, Gazprom, and OPEC

May 29, 2018 / Christian DeHaemer

The Saudis and Russians got together last week to talk about easing the caps on oil.These caps were put in place to drive oil up from the low $30s a barrel. With oil trading more than double that and Venezuela and Iran oil production looking vulnerable, a boost in production is on the table.As a result, WTI crude dropped $5 a barrel to $67.07. Brent crude fell more than 3% to $76.02 but is up this...Read More

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