Mining Articles

Physiomics PLC: Personalised medicines will build on momentum from recent pharma deals

13:40 03 May 2018 / Andrew Scott

Jim MIllen, Physiomics Plc's chief executive, explains how the trend towards personalised medicines will aid the commercialisation of its virtual tumour software.UK development agency Innovate has given the group two grants to help with research in the area.That follows deals with two large pharmaceutical companies and a biotech this year for the cancer modelling software.Physiomics had already an...Read More

Developer increases gold resources at project with 'district size potential'

May. 3, 2018, 1:40 PM / Streetwise Reports

Source: Streetwise Reports 05/02/2018Eric Zaunscherb, an analyst with Canaccord Genuity, reviewed the updated resource at this company's Newfoundland asset.A May 1 research note from Canaccord Genuity reported that Marathon Gold Corp. (MOZ:TSX; MGDPF:OTC.MKTS ) released an updated resource on its Valentine Lake gold project in Newfoundland. "The overall resource was increased to 2,137,400 ounc...Read More

Osprey Commences Exploration Program at Caribou Gold Project, Nova Scotia

Thu May 03 13:32:58 2018 / Osprey Gold

Osprey Gold Development Ltd. (TSXV:OS, OTCQB:OSSPF) is pleased to announce the commencement of its 2018 exploration programs on the ground in Nova Scotia, Canada.Read full newsRead More

Ely Gold Royalties Sells Kraut Claims to VR Resources

Thu May 03 13:32:08 2018 / Staff reporter

Ely Gold Royalties Inc.(TSXV:ELY, OTC:ELYGF) ('Ely Gold') through its wholly owned subsidiary, Nevada Select Royalty, Inc ('Nevada Select') is pleased to announce that it has entered into a definitive sale agreement with Renntiger USA, a Nevada corporation and a wholly owned subsidiary of VR Resources Ltd ('VR Resources'), a British Columbia corporation listed on the...Read More

Gloo Networks, Midatech Pharma and Anglo African Oil & Gas among Thursday's small cap movers

13:30 03 May 2018 / Jamie Ashcroft

Gloo Networks Plc (LON:GLOO) shares advanced 18.5%, trading at 45.62p, after the company said it would return all its remaining capital to shareholders as part of a voluntary liquidation of the company.Shares in Midatech Pharma Plc (LON:MTPH) slumped 21.5%, to 36.11p, but, the company issued a statement saying that it was "not aware of any reason for the price movement."Anglo African Oil & Gas...Read More

Drilling at Alvito IOCG Project Commences

Thu May 03 13:29:41 2018 / Avrupa Minerals

Avrupa Minerals (TSXV:AVU) is pleased to present an update on the Alvito Project in South Portugal.Read full newsRead More

National Mining Hall of Fame names 2018 inductees induction ceremony to be held in Denver, CO

May. 3, 2018, 1:20 PM / National Mining Hall of Fame and Museum

Leadville, CO. April 30, 2018: 2018 National Mining Hall of Fame Inductees - The National Mining Hall of Fame and Museum (NMHFM) announced today the 2018 National Mining Hall of Fame inductees. This year's inductees, selected by the National Mining Hall of Fame's Board of Governors, represent exploration, extraction, management, education, and research and development in the U.S. mining industry....Read More

Ontario Expanding Access to End-of-Life Care in Sudbury

May3, 20181:00 P.M. / Ministry of Northern Development and Mines

Ontario is helping more patients receive quality end-of-life care closer to home by increasing the number of hospice beds and improving hospice facilities in Sudbury.Glenn Thibeault, MPP for Sudbury, was at the Maison McCulloch Hospice to announce that through the Northern Ontario Heritage Fund Corporation (NOHFC), the province will provide three additional adult residential hospice beds, six shor...Read More

Osisko reports first quarter 2018 results

May. 3, 2018, 12:52 PM / Globe Newswire

MONTREAL, May 03, 2018 (GLOBE NEWSWIRE) - Osisko Gold Royalties Ltd (the "Company" or "Osisko") (TSX:OR) (NYSE:OR) today announced its consolidated financial results for the first quarter ended March 31, 2018 and an update on matters following quarter-end.HighlightsEarned 20,036 gold equivalent ounces1 ("GEOs"), in-line with the 2018 annual guidance of 77,500 to 82,500 GEOs;Generated cash flows fr...Read More

RT @tbiesheuvel: Germany's biggest carmakers are finally getting serious about EVs

Thu May 03 12:29:14 2018 / Thomas Biesheuvel

Elon Musk started Tesla Inc. with a goal of accelerating the switch to electric cars by about a decade.Read full newsRead More

Tesla delivers bad news for cobalt price, boost for rare earths

May. 3, 2018, 12:14 PM / Frik Els

Wall Street is aghast at Elon Musk's dismissive attitude toward analysts' probing following a quarter of record (but less than expected) losses for Tesla, but the electric vehicle maker did provide some answers to questions that's been vexing the mining industry.Benchmark Mineral Intelligence, a provider of price information and research on battery supply chains, parsed the numbers after Tesla gav...Read More

In response to CNN investigation, car manufacturer Daimler promises to audit cobalt supply 'to the mine'

May. 3, 2018, 12:12 PM / CNN

A day after a CNN investigation into abuses in cobalt mining in the Democratic Republic of Congo, the maker of Mercedes cars (Daimler) has pledged to investigate its supply chain to ensure child labour is not being used to power its electric vehicles.Renata Jungo Br? 1/4 ngger, director of integrity and legal affairs at Germany's Daimler (DDAIF) said: "We want to prevent violations of human rig...Read More

Plastics Capital's films business growing 'stunningly well'

12:06 03 May 2018 / Andrew Scott

Faisal Rahmatallah, executive chairman at Plastics Capital (LON:PLA), tells Proactive Investors the group saw "exceptionally strong" sales over the year just ended.Films (food wrapping and the like) did particularly well with a record year for Flexipol, while there was a recovery at Palagan and good performance from Synpac.  Meet Peninsula Mines Ltd, Silver City Minerals Ltd and Emmerson Reso...Read More

Benchmark zinc treatment charges down 15 pct in 2018- Nyrstar

May. 3, 2018, 11:59 AM / Reuters

LONDON, May 3 (Reuters) - The zinc industry has agreed a 15 percent drop in annual zinc processing fees, the miner and metals smelter Nyrstar said on Thursday, as supply in the tight market dwindled.The company, listed in Belgium, said in a statement treatment charges for the galvanising metal for 2018 fell to $147 per tonne from $172 per tonne last year. An agreement was reached at the end of Apr...Read More

Osisko Reports First Quarter 2018 Results

2018-05-03 11:57 / Mr. Sean Roosen reports

Mr. Sean Roosen reportsOSISKO REPORTS FIRST QUARTER 2018 RESULTSOsisko Gold Royalties Ltd. has released its consolidated financial results for the first quarter ended March 31, 2018, and an update on matters following quarter-end. Highlights:Earned 20,036 gold equivalent ounces (1) (GEOs), in line with the 2018 annual guidance of 77,500 GEOs to 82,500 GEOs;Generated cash flow from operating activi...Read More

Osisko Declares 15th Consecutive Quarterly Dividend

2018-05-03 11:50 / Mr. Vincent Metcalfe reports

Mr. Vincent Metcalfe reportsOSISKO DECLARES 15TH CONSECUTIVE QUARTERLY DIVIDENDOsisko Gold Royalties Ltd. has declared a second quarter 2018 dividend of five cents per common share. The dividend will be paid on July 16, 2018, to shareholders of record as of the close of business on June 29, 2018.For shareholders residing in the United States, the U.S.-dollar equivalent will be determined based on...Read More

HSBC to wrap up a busy two weeks of first quarter results from the major UK banks

11:30 03 May 2018 / Jon Hopkins

HSBC Holdings PLC (LON:HSBA) will wrap up a busy two weeks of first quarter results from the UK's major lenders on Friday.Like its sector peer Standard Chartered PLC (LON:STAN), which issued its Q1 update on Wednesday, HSBC is seen delivering a strong quarter on the back of growth in Hong Kong and Asia.In a preview note, Morgan Stanley analysts said: "Loan growth in Hong Kong is running at a fairl...Read More

Russian Su-30 Jet Crashes Off #Syria Coast, Both Pilots Dead | Zero Hedge

Thu May 03 11:23:01 2018 / Staff reporter

A Russian Su-30SM fighter jet crashed off the Syria coast, killing two pilots on board, the Russian Defense Ministry has confirmed. Read full newsRead More

Ontario partners with First Nations to share forestry and mining revenues

May. 3, 2018, 11:05 AM / Government of Ontario

Ontario and First Nations partners have signed historic resource revenue sharing agreements in mining and forestry - the first of their kind in the province.These agreements with First Nations, represented by Grand Council Treaty #3, Wabun Tribal Council and Mushkegowuk Council, commit Ontario to sharing 45 per cent of government revenues from forestry stumpage, 40 per cent of the annual mining ta...Read More

Brazil's Sigma Lithium to list in Toronto next week

May. 3, 2018, 10:48 AM / Reuters

May 2 (Reuters) - Sigma Lithium Resources is set to list in Toronto next week, company executives said on Wednesday, as the Brazil-based lithium mine developer eyes a wave of demand for the metal used in rechargeable batteries for iPhones and electric cars.Sigma fell short of raising up to a planned C$30 million ($23.29 million) from investors, instead raising C$20 million. It blamed the shortfall...Read More

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