LONDON, May 14 (Reuters) - Shanta Gold will conduct further exploration near its main mine in Tanzania after cutting costs in the past year to cope with tougher mining laws, the chief executive told Reuters.Shanta's plans buck a trend among other firms that have scaled back ambitions in Tanzania due to laws that include giving the state a bigger stake in mines, a ban on exporting unprocessed miner...Read More
(Bloomberg) - The battle for some of Russia's richest gold mines has an unusual cast of characters: the scion of one of Europe's great banking families, a Kazakh tycoon with his own cryptocurrency, hedge fund D.E. Shaw, and mystery shareholders.They're all part of a new fight for control over Petropavlovsk Plc, a London-listed miner. For the second time in a year, the company is in the middle of...Read More
The drilling program will follow up on the recently discovered "West Zone" and target additional potential discoveries at Copper KingELKO, Nev., May 14, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce the forthcoming Copper King drilling program for 2018. This program, comprised of two phases, will begin with an initial ph...Read More
LONDON/JOHANNESBURG, May 14 (Reuters) - Lonmin narrowed its first-half operating loss and set out plans to cut spending as the platinum miner tries to keep a takeover by Sibanye-Stillwater on track by conserving cash.The proposed deal with precious metals producer Sibanye-Stillwater, vital to Lonmin's survival, is conditional upon Lonmin retaining a positive cash balance by the time it is schedule...Read More
Strongbow Exploration (TSX-V: SBW), a Canadian firm trying to reopen one of England's most iconic tin mines, announced Monday it planned to list in London's AIM exchange for growing companies next month.The Vancouver-based junior expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which it will use to study the feasibility of resuming production at...Read More
Mr. Eric Edwards reportsTRIMETALS MINING INC. FILES FIRST QUARTER 2018 FINANCIAL STATEMENTS AND MD&ATrimetals Mining Inc. has released its condensed interim consolidated financial statements for the three months ended March 31, 2018, with cash at the end of the quarter of $1.2-million. In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated. Highlights for...Read More
Police say the practice could damage rivers which are protected from anything that damages them.Read full newsRead More
Digging deeply into the gold mining stock's past to unearth what the future might hold.Read full newsRead More
Mr. Matthew Hornor reports MAPLE GOLD DRILLS 50 METRES OF 1.77 G/T AU AND EXTENDS NEW NIKA ZONES IN THE NW GAP AREAMaple Gold Mines Ltd. has released additional drill results from the Nika zones located in the Northwest Gap area between the Douay West, porphyry and northwest resource zones. DO-18-218 returned 50 metres grading 1.77 grams per tonne gold (uncut) from 297 m downhole (estimated 200 m...Read More
Emerging as one of the most significant zinc polymetallic discoveries in Australia.Read full newsRead More
There is a massive shortage of cyber security professionals in the country, urging young graduates to look this segment, which is a high-margin segmen..Read full newsRead More
The most prominent mining operation in the Baboquivari Mountains was the Allison Mine, yielding gold and silver.Read full newsRead More
Gold streaming companies are a great way to invest in the precious metal. Here are some of the key benefits you need to know about and the top stocks to consider.Read full newsRead More
The answer depends a lot on how much you're willing to spend to find it.Read full newsRead More
Police say the practice could damage rivers which are protected from anything that damages them.Read full newsRead More
Digging deeply into the gold mining stock's past to unearth what the future might hold.Read full newsRead More
Canada's IDM Mining Ltd. (TSX-V:IDM) (OTCQB:IDMMF), one of the several companies developing projects in British Columbia's prolific Golden Triangle, said Monday it expected to receive the necessary environmental permits for its proposed Red Mountain mine in the third quarter of the year.The Vancouver-based junior, which is working on a resource update for its gold-silver project, located just 15 k...Read More
May 11 (Reuters) - Shandong Gold Mining Co Ltd: * SAYS IT GETS CHINA SECURITIES REGULATOR'S APPROVAL TO ISSUE UP TO 376.89 MILLION H-SHARES FOR INITIAL HONG KONG SHARE OFFERING Source text in Chinese: ...Read full newsRead More
The price of steelmaking raw materials in China rose for a second session on Monday on optimism that steel mills will replenish stockpiles as steel production increases and as iron ore inventories at ports decline.The utilisation rate at blast furnaces across the country picked up again last week to 69.89 percent, as of May 11, up 0.97 percentage points from a week earlier and at its highest since...Read More
Canada-listed junior miner Thor Explorations aims to bring Nigeria's first large-scale gold mine online in early 2020, its CEO said, as the West African country seeks to diversify its economy away from oil and gas.Following the commodity price crash of 2015-16, the World Bank in April 2017 said it was providing funds to help the Nigerian government develop its neglected mining sector.Projects unde...Read More