Mining Articles

Telson Mining\'s Atocha process 9,503 t ore in Q1

2018-05-03 08:52 / Mr. Antonio Berlanga reports

Mr. Antonio Berlanga reportsTELSON ISSUES TAHUEHUETO Q1 2018 PREPRODUCTION RESULTS FOR MINING, CONCENTRATE PRODUCTION & METALLURGICAL BALANCESTelson Mining Corp. has provided the results of first quarter 2018 preproduction toll milling at its 100-per-cent-owned Tahuehueto mine development project located in Durango, Mexico. Preproduction toll milling from Tahuehueto processed 9,503 tonnes of o...Read More

Eight still trapped underground at Sibanye mine following seismic event

May. 3, 2018, 8:15 AM / Cecilia Jamasmie

Eight of the thirteen gold miners trapped underground at Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) Masakhane mine in South Africa remain missing, the company said after a seismic event caused a fall of ground in an operating stope at one of the company's gold mines.Contact was made with six workers earlier on Thursday and two two were brought to surface safely, the firm said, but one of them reg...Read More

Gold Mining Stocks to Watch for Earnings: AUY, RGLD & KL

Thu May 03 07:41:48 2018 / Staff reporter

Gold stocks are likely to ride on the back of improving industry fundamentals and put up a decent performance this quarter.Read full newsRead More

After the gold rush: Mining boom in Cameroon leaves 'open tombs'

Thu May 03 07:04:15 2018 / Staff reporter

For a time, the land around the village of Longa Mali in eastern Cameroon was one of the most prized in Africa, and powerful machines gnawed greedily into its soil to extract precious gold.Read full newsRead More

Canadian Miner Targets Initial Gold Pour by Year-End

Thu May 03 05:27:26 2018 / Staff reporter

Haywood Securities analyst Kerry Smith provided a construction update on one of this firm's projects.Read full newsRead More

You Don't Need to Have Dug a Mine to Run One, Female Leaders Say

Thu May 03 05:27:25 2018 / Staff reporter

Eira Thomas has discovered diamonds in the far north, co-founded mining companies and sat on a dozen boards -- including Canada's most valuable energy company.Read full newsRead More

Beta Hunt Mine Gold Production Increases for Fourth Consecutive Quarter

Thu May 03 05:27:20 2018 / Staff reporter

Beta Hunt Mine Gold Production Increases for Fourth Consecutive QuarterRead full newsRead More

Gold Mining Stocks to Watch for Earnings: AUY, RGLD & KL

Thu May 03 05:27:17 2018 / Staff reporter

Gold stocks are likely to ride on the back of improving industry fundamentals and put up a decent performance this quarter.Read full newsRead More

Lucapa finds yet another large diamond in Angola

May. 3, 2018, 5:21 AM / Cecilia Jamasmie

Australia's Lucapa Diamond (ASX:LOM) has discovered yet another large diamond at its prolific Lulo mine in Angola - a 46-carat pink stone, the largest coloured gem-quality rock ever recovered there.The company said the gem-quality coloured diamond eclipsed both the 43-carat yellow gem found in January and the almost 39-carat pink dug up in September last year."The frequent recovery of large and...Read More

After the gold rush: Mining boom in Cameroon leaves 'open tombs'

Thu May 03 04:28:47 2018 / Staff reporter

For a time, the land around the village of Longa Mali in eastern Cameroon was one of the most prized in Africa, and powerful machines gnawed greedily into its soil to extract precious gold.Read full newsRead More

S. Africa gold miners, workers reach settlement in historic silicosis case

May. 3, 2018, 3:05 AM / Cecilia Jamasmie

South African gold producers signed Thursday a class action settlement with law firms representing thousands of miners who contracted the fatal lung diseases silicosis and tuberculosis while working for them.The 5 billion rand-settlement (about $400 million at today's exchange rate), reached following three years of negotiations, puts an end to the country's largest and most expensive class acti...Read More

Energy Summary for May 2, 2018

May 03, 2018 / Stockwatch Business Reporter

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for June delivery gained 68 cents to $67.93 on the New York Merc, while Brent for June gained 23 cents to $73.36 (all figures in this para U.S.). Western Canadian Select traded at a discount of $17.55 to...Read More

Shell Summary for May 2, 2018

May 03, 2018 / Stockwatch Business Reporter

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 3.35 points to 772.11 Wednesday. Brian Bayley and Murray Sinclair have listed their 24th capital pool shell, Norwick Capital Corp. (NWK), following a $202,500 initial public offering at 15 cents through Ha...Read More

Gold Summary for May 2, 2018

May 03, 2018 / Stockwatch Business Reporter

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold rose $1.00 to $1,304.60 on Tuesday. The TSX Venture Exchange fell 3.35 points to 772.11 while the TSX Gold Index rose 0.38 point to 189.84. Yamana Gold Inc. (YRI) led Canadian gold miners higher. It added 13 cents to...Read More

Diamond & Specialty Minerals Summary for May 2, 2018

May 03, 2018 / Will Purcell

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was an upbeat 89-64-131. The TSX Venture Exchange fell three points to 772 while polished diamond prices fell 0.1 per cent. Ken MacNeill and George Read's Star Diamond Corp. (DIAM) was...Read More

SEC defendant Verderosa pleads guilty

May 03, 2018 / Mike Caswell

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellDennis Verderosa, a New York man charged for his part in a boiler room scheme that boosted former Canadian Securities Exchange listing Intelligent Content Enterprises Inc., has pleaded guilty to a criminal fraud charge. The government claimed that Mr....Read More

SEC defendant Sodi wins removal of ankle bracelet

May 03, 2018 / Mike Caswell

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellBrian Robert Sodi, the Florida stock tout known as the "Mailman," has won a legal battle over the ankle bracelet that he has been wearing since his arrest on fraud charges. Alabama Judge Herman Johnson has ordered the removal of the bracelet, which ha...Read More

Rio Tinto's climate change resolution marks a significant shift in investor culture - by Anita Foerster and Jacqueline Peel (The Conversation - May 2, 2018)

May 3 2018 / Staff reporter

https://theconversation.com/What does the advocacy group the Australian Centre for Corporate Responsibility (ACCR) have in common with the Local Government Super fund, the Church of England Pensions Board, and the Seventh Swedish National Pension Fund?Quite a lot, it seems. These three institutional investors joined with the ACCR to co-file a shareholder resolution on climate change at mining gian...Read More

Peter Epstein: Cypress Development Delivers Monster Maiden Lithium Resource

May3, 2018 / Peter Epstein

Cypress Development Corp. (TSX-v: CYP) / (OTCQB: CYDVF) / (Frankfurt: C1Z1) killed it with their maiden NI 43-101 compliant lithium resource estimate yesterday! The whisper number was 4 to 6 million Inferred tonnes of Lithium Carbonate Equiv. ("LCE"), (which would have been a tremendous result), but Global Resource Engineering Ltd. determined there's an estimated 6.54 million metric...Read More

1 Attractively Valued Junior Gold Miner Poised to Soar

May 3, 2018 / Matt Smith

Gold continues to gyrate wildly, as geopolitical crises and economic risks weigh on the outlook for financial markets. After dipping sharply in recent days, the lustrous yellow metal has bounced back, rallying by just over US$10 per ounce since the start of May 2018 to be trading at US$1,313 an ounce. This is good news for beaten-down junior gold miner Pretium Resources Inc. (TSX:PVG)(NYSE:PVG), w...Read More

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