Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More
Beijing's new missile deployment to contested land features has tilted the maritime area's balance of power in its favor. Will the US respond?Read full newsRead More
Mr. Rudi Fronk reportsSEABRIDGE DISCOVERS NEW GOLD ZONES AT COURAGEOUS LAKESeabridge Gold Inc.'s winter drilling at its 100-per-cent-owned Courageous Lake project has successfully identified two new gold zones, Olsen and Marsh Pond, with widths and grades suggesting they could make a contribution to project resources similar to the Walsh Lake deposit discovered by Seabridge in 2012.This year's dri...Read More
Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More
(Please note that all dollar amounts in this news release are expressed in U.S. dollars unless otherwise indicated.)TORONTO, May09, 2018(GLOBE NEWSWIRE) -- Primero Mining Corp. ("Primero" or the "Company") (TSX:P) today announced that First Majestic Silver Corp. ("First Majestic") (TSX:FR) (NYSE:AG) (Frankfurt:FMV) has received antitrust clearance from the Comisi??n Federal de Competencia Econ??mi...Read More
Canada's Nutrien (TSX:NTR), the world's largest potash miner, is closer than ever to completing the sale of its 32% stake in Chile's Chemical and Mining Society (SQM), the world's second largest lithium producer, and so fulfill a condition for the merger between Potash Corp. and Agrium, which created the company."[The sale] is progressing well," the company's chief financial officer, Wayne Ric...Read More
AngloGold Ashanti Ltd. remains upbeat on its African assets even as new mining rules threaten profits at two of the company's key mines.Read full newsRead More
Bitcoin Gold (BTG) Faces Challenge of ASIC Mining, Considers ResistanceRead full newsRead More
Protesters in Ethiopia's restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution.Read full newsRead More
Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More
Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More
Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, said Tuesday is buying about $38 million in Midas Gold's (TSX-V:MAX) shares, in a deal that gives the Canadian giant an almost 20%-stake in the junior as well as access to the promising Stibnite Gold project, in Idaho, US."Midas Gold's Stibnite Gold project in Idaho offers a compelling investment proposition, with low geopo...Read More
Seabridge Gold (TSX:SEA) (NYSE:SA) announced today that winter drilling at its 100%-owned Courageous Lake Project has successfully identified two new gold zones, Olsen and Marsh Pond, with widths and grades suggesting they could make a contribution to project resources similar to the Walsh Lake Deposit discovered by Seabridge in 2012. This year's drill program also found two other target zones t...Read More
Major miners need to boost their reserves, and one way for them to do that is to invest in junior mining exploration corporations to find the next great deposit.Here is a list of the companies that Barrick Gold (TSX-V: ABX) has invested in.1) ATAC Resources (TSX-V: ATC) ATAC is a Yukon-based exploration company focused on developing Canada's only known Carlin-type gold district alongside Barrick a...Read More
Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) has a history of being a volatile stock, and investors who follow the mining giant are wondering if this is the right time to buy.Let's take a look at the current situation to see if Teck deserves to be in your portfolio.EarningsTeck reported Q1 2018 adjusted earnings of $753 million, or $1.31 per share, compared to $655 million, or $1.13 per share, for...Read More
Gold and silver prices have suffered since tensions eased on the Korean Peninsula in late April. U.S. secretary of state Mike Pompeo arrived in North Korea on May 9 with the aim of finalizing a planned meeting between President Trump and North Korean leader Kim Jong-un. Relations between North Korea and South Korea have warmed dramatically over the past month. South Korea has indicated that North...Read More
I strongly believe that labeling the condition of the stock market based on arbitrary "percentage changes" up or down is absurd. But then again most attributes of the current stock market are sublimely ridiculous, if not outright Orwellian.But, what the heck. If down 20% is how you want to define a "bear market," then a portfolio of Lennar (LEN, down 24%), Beazer (BZH, down 24%) and KB Homes (KB...Read More
The Panoro senior management team tours the Cotabambas Project in Peru. From left: L. Shaheen, Y. Barsimantov, C.Pilon, F.Tejada. Source: Panoro Minerals Ltd.Luquman Shaheen is bullish on copper. The Panoro Minerals Ltd. [PML-TSXV, Lima; PZM-FSE] President and CEO said the world has entered into an era where a lack of new projects is going to constrain the supply of the red metal.In an interview w...Read More
Nevsun's Bisha copper-zinc mine in Eritrea, Africa. Source Nevsun Resources Ltd.Nevsun Resources Ltd.'s [NSU-TSX; NYSE AMERICAN] second largest shareholder says a $1.5 billion takeover proposal by from Lundin Mining Corp. [LUN-TSX; LUMI-Sweden] and Euro Sun Mining Inc. [ESM-TSX, CPNFF-OTC] looks "pretty fair.""Nevsun should engage more fully with Lundin Mining and Euro Sun Mining, which made the p...Read More
Global underground mining machinery and drilling equipment leader, Sandvik Mining and Rock Technology, has released a data interoperability policy that underscores its belief in an 'open source' mining digital ecosystem.Staff reporter09 MAY 201809/05/2018commentsshareThe Swedish-headquartered company says its policy outlines principles by which its machine control and information systems can commu...Read More