Mining Articles

What's sabotaging gold's attempts to rally

Tue Apr 24 18:49:53 2018 / Staff reporter

The odds of a contrarian buy signal for gold are even more remote today than they were six weeks ago.Read full newsRead More

Silvercrest files NI 43-101 report for Las Chispas

2018-04-24 18:44 / Mr. N. Eric Fier reports

Mr. N. Eric Fier reportsSILVERCREST FILES MINERAL RESOURCE TECHNICAL REPORT ON THE LAS CHISPAS PROPERTYSilvercrest Metals Inc. filed today a technical report titled "Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico," dated April 23, 2018, with an effective date of Feb. 12, 2018, on SEDAR, and the report is also available on Silvercrest's website. The Las...Read More

Spanish activists reject reopening of Los Frailes mine

Apr. 24, 2018, 6:09 PM / Valentina Ruiz Leotaud

On the 20th anniversary of the breach of the tailings pond at the Los Frailes mine in Spain, environmental organizations held a press conference to alert the public about the possibility of a similar accident taking place.Greenpeace, WWF, SEO/BirdLife, Ecologists in Action, and Friends of the Earth accused the Andaluc?-a council of relaxing administrative and legal requirements to ease the way for...Read More

Metalla talks Tier 1 listing, omits Q3 P&L from NR

2018-04-24 18:09 / Mr. Brett Heath reports

Mr. Brett Heath reportsMETALLA REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF FISCAL 2018 Metalla Royalty and Streaming Ltd. has released its financial results for the third quarter of fiscal 2018. For complete details of the condensed interim consolidated financial statements and accompanying management's discussion and analysis for the nine months ended February 28, 2018, please see the Comp...Read More

#Oil Tumbles After #Macron Proposes New Iran Deal | Zero Hedge

Tue Apr 24 18:04:19 2018 / Staff reporter

And just like that the bullish oil case may have been exhausted...Read full newsRead More

Vangold to Present at the Canadian Mining Symposium, London, UK

Tue Apr 24 17:26:02 2018 / Staff reporter

Vangold Mining Corp (TSXV:VAN; OTC:VGLDF) is pleased to announce that the Company will be participating in The Northern Miner - Canadian Mining Symposium at Canada House in London on April 24th and 25th.Read full newsRead More

Pan Orient Energy to buy back shares

2018-04-24 17:07 / Mr. Bill Ostlund reports

Mr. Bill Ostlund reportsPAN ORIENT ENERGY CORP.: NORMAL COURSE ISSUER BIDPan Orient Energy Corp. intends to continue the ability to purchase its common shares pursuant to the renewal of its normal course issuer bid through the TSX Venture Exchange.Under the terms of the bid, Pan Orient will be authorized to purchase, for cancellation, up to 4,514,494 of its common shares (10 per cent of the publi...Read More

FTSE 100 extends gains in the final sessions

16:40 24 Apr 2018 / Ian Lyall

FTSE 100 index up 13 points at 7,412US consumer confidence index rose in AprilCiti survey says UK inflation expectations unchangedLeading stocks added to modest gains in the final half-hour of trading, with the FTSE 100 ending the day at 7,425, up 27.Bid stock Shire Plc (LON:SHP) led the advance after another revised proposal from suitor Takeda Pharmaceuticals. Shire's board said it is considering...Read More

One asset leads South African miner's growth in Q1-2018

Apr. 24, 2018, 4:39 PM / Valentina Ruiz Leotaud

South Africa's Kumba Iron Ore reported a 4 per cent increase in overall production in the first quarter that ended March 31, 2018.In a press release, Anglo American's (LON:AAL) subsidiary revealed that the growth was driven entirely by a 26 per cent increase at its Kolomela iron-ore mine, situated near Postmasburg town. The asset supplied 3.5 million tonnes of mineral during the first three months...Read More

Canadian #Blockchain Company Plugs In 1,550 Mining Rigs

Tue Apr 24 16:22:04 2018 / Staff reporter

A Canadian blockchain Company has received a major shipment of mining rigs for its European subsidiary.Blockchain Power Trust announced that 1,550 mining units arrived in Romania and is expected to be operational by the beginning of May 2018. This represents an aggregate of 21.7 petahash per second ...Read full newsRead More

#Cryptocurrency Daily Update - April 24, 2018

Tue Apr 24 16:18:06 2018 / Staff reporter

Bitcoin has hit a 40-day high and is up more than 4% in overnight trading, moving above the US$9,200 level. Its value has risen by more than a third over the last two weeks. The world's number one cryptocurrency now has a market cap of more than US$157 billion, still considerably down from ...Read full newsRead More

Find out which major #miners are making headlines this morning:

Tue Apr 24 15:53:57 2018 / Staff reporter

Morning Market Breakdown, April 24: As commodities began making a comeback, the markets slowly trudged into the green Tuesday morning.Read full newsRead More

Tern shares spike up as holding company extends security capability for Microsoft's internet of things platform

15:15 24 Apr 2018 / Calum Muirhead

Tern PLC (LON:TERN) saw its shares climb 33% to 17.1p in late-afternoon trading after Device Authority, a company in which it holds a 56.8% stake, announced its support for Microsoft Azure Internet of Things (IoT) Hub.The announcement followed the release of KeyScaler 5.8, a global leader in Identity and Access Management for IoT. The group said combining these two technologies will allow customer...Read More

Increased production at Chinese domestic coal mines lead to decline in thermal coal prices

Apr. 24, 2018, 3:12 PM / Felicia Chan

FocusEconomics' April 2018 Consensus Forecast for Commodities shows a moderate downward trajectory for thermal coal in Q4 2018. Newcastle export prices are expected to drop to $88.00 a tonne because of new measures taken by the Chinese government to up production at domestic coal mines, suppressing the surge in import prices.Thermal coal prices peaked in January, reaching a one-year high of $109.0...Read More

Rainbow Rare Earths on track to ramp up following first full quarter of production

14:38 24 Apr 2018 / Andrew Scott

Martin Eales, chief executive of Rainbow Rare Earths Ltd (LON:RBW), tells Proactive Investors they produced 279 tonnes of rare earths concentrate from the Gakara project in Burundi during the three months to 31 March.The grade per tonne of concentrate produced rang in at a huge 62% total rare earth oxides, and the realised price per tonne of concentrate sold was US$2,357.  Meet Peninsula Mine...Read More

Great Panther Silver to Announce First Quarter Financial Results on May 2, 2018

Tue Apr 24 14:37:22 2018 / Great Panther Silver

GREAT PANTHER SILVER LIMITED (TSX:GPR; NYSE American: GPL) ('Great Panther'; the 'Company') has scheduled the release of its first quarter 2018 financial results for Wednesday, May 2, 2018after market close.Read full newsRead More

Asante Gold - One Year Extension to Expiry Date of Warrants

Tue Apr 24 14:34:17 2018 / Staff reporter

Asante Gold Corporation (CSE:ASE) (FRANKFURT:1A9) (OTC:ASGOF) ("Asante Gold" or the "Company") announces that the Company has extended the expiry date of 6,115,000 share purchase warrants for an additional year.All the other terms and exercise conditions of the warrants remain the same as issued.Read full newsRead More

#Merkel Caught In Energy Conundrum Over #Germany's Future | Zero Hedge

Tue Apr 24 14:26:47 2018 / Staff reporter

While the two main European leaders this week with the goal of pushing President Trump off his position to end the Iran Nuclear Deal, or JCPOA, it is the bigger issues of energy security that will be the real focus.Read full newsRead More

IronRidge Resources reports high grade gold at 'spectacular' Dorothe licence in Chad

14:13 24 Apr 2018 / Andrew Scott

Vincent Mascolo, chief executive of IronRidge Resources Ltd (LON:IRR), discusses with Proactive's Andrew Scott high grade gold in rock chip samples taken from their Dorothe license in Chad.Grades at Dorothe have run as high as 39.1 grams per tonne in sampling, alongside high silver, lead and copper grades.  Meet Peninsula Mines Ltd and Silver City Minerals Ltd at our event,Sydney, 07 May 2018...Read More

Goldplat focused on getting grades and recoveries up at Kilimapesa

13:12 24 Apr 2018 / Andrew Scott

Gerard Kisbey-Green, chief executive of Goldplat plc (LON:GDP), tells Proactive Investors they sold 28,534 gold equivalent ounces in the nine months ended 31 March 2018, slightly up on the 27,714 ounces sold in the corresponding period a year earlier.During the most recent quarter, the company produced 6,966 ounces of gold and gold equivalent. The South African operations accounted for 4,533 ounce...Read More

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