Mining Articles

Teck Resources tops first-quarter profit expectations, sales up from year ago

April 24, 2018 / Editor

VANCOUVER - Teck Resources Ltd. reported a better-than-expected first-quarter profit as revenue also grew compared with a year ago, helped by improved sales volumes.The miner says its profit attributable to shareholders totalled $759 million or $1.32 per share, up from $556 million or 96 cents per diluted share a year ago.Revenue totalled $3.09 billion, up from $2.85 billion.On an adjusted basis,...Read More

Nevada Exploration Inc. (TSX-V: NGE; OTCQB: NVDEF): Advancing a Portfolio of New, District-Scale, Gold Exploration Projects, along Nevada's Cortez Trend, Interview with James Buskard, President

24/4/2018 / Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US

Nevada Exploration Inc. (TSX-V: NGE; OTCQB: NVDEF) is an early-stage project generator, focused on the discovery of large Carlin-type gold deposits in Nevada, through the application of a new and unique exploration technology, Groundwater Chemistry. The company is advancing a portfolio of new, district-scale, gold exploration projects, along Nevada's Cortez Trend. NGE has completed the world's lar...Read More

Is a New Gold Rush On in Brazil?

April 24, 2018 / Staff reporter

April 24, 2018 (Investorideas.com Newswire) With a project located on the site of a massive gold rush, this explorer is attempting to find the hard-rock source of the region's placer gold, and an updated resource is expected any day.The land that Cabral Gold Inc.'s (CBR:TSX.V; CBGZF:OCT) Cuiu Cuiu gold project sits on was once the territory of garimperos, migrating miners who came during the massi...Read More

Pan Global (TSXV: PGZ) Exercises Option on Aguilas Project in Spain

April 24, 2018 / Vancouver, British Columbia

Vancouver, British Columbia - April 24, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Pan Global Resources Inc. (TSXV: PGZ) ("Pan Global" or the "Company") is pleased to announce it has exercised its option to acquire an undivided 70% equity interest in Minera Aguila, S.L., a Spanish company which has been granted 2 mineral exploration licenses covering an area of 9,946 hectares, and has appl...Read More

This is Why You Can’t Trust “Experts” and Lab Results at Trial

April 24, 2018 / The Daily Bell Staff

Massachusetts courts have had a bad year.A Massachusetts lab technician, Sonja Farak, came to work high every day for 8 years. Well technically, sometimes she arrived sober but was soon high as a kite.She worked in a lab that tested drugs confiscated from arrested suspects. Of course, she wasn’t supposed to personally test the drugs… that was what the lab equipment was for.In 2014...Read More

Vatic Ventures (TSXV: VCV) (FSE: V8V) (OTC Pink: VTTCF) Drilling Update

April 24, 2018 / Vancouver, British Columbia

Vancouver, British Columbia - April 24, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Vatic Ventures Corp. (TSXV: VCV) (FSE: V8V) (OTC Pink: VTTCF) (the "Company" or "Vatic") is pleased to provide an update on its upcoming drilling program at its Saksrithai potash project. The contractor is Aztec Engineering Co. Ltd., an experienced and reputable drilling contractor who has extensive experien...Read More

Grande Portage (TSXV: GPG) Announces Its Independent Updated Mineral Resource Estimate - 642% Increase for Inferred Gold Category and 47% Increase for Indicated Category

April 24, 2018 / Vancouver, British Columbia

Vancouver, British Columbia - April 24, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Grande Portage Resources Ltd. (TSXV: GPG) ("Grande Portage" or "the Company") is pleased to announce receipt of its independent updated resource estimate for the Herbert Gold Project located in S.E. Alaska.The updated NI43-101-compliant resource estimate, authored by DRW Geological Consultants Ltd., used the...Read More

Canada Cobalt Works is Pushing a Path to Production

April 24, 2018 / Staff reporter

Canada Cobalt Works Inc. (TSXV:CCW) is quickly advancing its cobalt-silver property in Ontario with a proprietary separation technologyAngela Harmantas | April 24, 2018 | SmallCapPower: With a new name to start off 2018, Canada Cobalt Works Inc. (TSXV:CCW), formerly Castle Silver Resources, is putting plans in motion at their Castle Cobalt Silver Project in northeastern Ontario. Frank Basa, CEO o...Read More

Mines receives NCWIT seed funds for women in computing

Apr 24 2018 / News room

Colorado School of Mines is among four institutions to receive the 2018 NCWIT Surging Enrollment Seed Fund. Sponsored by the National Center for Women & Information Technology (NCWIT), the Surging Enrollment Seed Fund focuses on expanding diversity among incoming computing students in the face of heightened demands on computing departments due to increasing enrollment. Mines will receive $10,...Read More

Pretium - an exercise for you

Tuesday, April 24, 2018 / The Angry Geologist

This is just a quick response to a comment by Tom. I originally created this Leapfrog viewer file for a previous post on Brucejack, focusing on a small area of the mine that I have put into Leapfrog.Original post here - linkDownload the Leapfrog viewer file from here (link)The key slides are:Slide 2 - The PR grades (i.e. the smeared grades) - nice juicy think gold interceptsGold fecking everywhere...Read More

Caterpillar results prove global economy in good shape

Apr 24 2018 / Cecilia Jamasmie

Caterpillar (NYSE:CAT), the world's No.1 heavy machinery maker, boosted Tuesday its 2018 profits forecast after beating estimates for first-quarter earnings on strong global demand for its equipment.For the three months ended on March 31, the Deerfield, Illinois-based firm, which is considered a reliable bellwether of global economic activity, reported a net profit of $2.74 per share, above most...Read More

Centerra rejects unsolicited offer for its Kumtor gold mine in Kyrgyzstan

Apr 24 2018 / Cecilia Jamasmie

Canada's Centerra Gold (TSX:CG) has rejected an unsolicited bid for its Kumtor gold mine in Kyrgyzstan from Chaarat Gold Holdings (LON:CGH), received last month, but which the London-listed miner made public on Tuesday.Responding to media speculation, Chaarat confirmed its offer to Centerra to buy Kyrgyzstan's largest gold mine, and though it did not disclosed the sum, said the deal would also in...Read More

Anglo delays Minas Rio restart until year-end, losing about $400 million

Apr 24 2018 / Cecilia Jamasmie

Anglo American (LON:AAL) won't resume production at its massive Minas Rio in Brazil until the fourth quarter of 2018 due to two pipeline leaks that forced it to halt operations in March, and which will cause the miner an annual group earnings (EBITDA) loss of $300 to $400 million.The announcement is the last of a string of difficulties Anglo has faced with the mine, which was expected to produce...Read More

Peru expects $20.8 billion in mining investments

Apr 24 2018 / Valentina Ruiz Leotaud

The Peruvian Ministry of Energy and Mines announced today that it expects to reach $20.8 billion in investments between 2018 and 2022, with 10 per cent of such investments filling up the country's coffers by the end of this year. In a press release made public by the state-owned Adina Peruvian News Agency, the government agency said the funds will be generated by three projects whose construction...Read More

Zimbabwe: Questions As Chinese Resurface On Anjin's Marange Diamond Claims - by Mukasiri Sibanda (All Africa - April 23, 2018)

Apr 24 2018 / Staff reporter

http://allafrica.com/On 20 April 2018, the Zimbabwe Environmental Law Association (ZELA) accompanied ambassadors from European Union countries during their field visit to the Zimbabwe Consolidated Diamond Company (ZCDC) mining operations in Marange in the east of the country. One interesting observation was the fresh fence erected on Anjin’s concession, an air strip clearance and the presenc...Read More

Stainless-steel share of nickel demand falls to batteries

24 APRIL 2018 / Staff reporter

The stainless steel sector's share of global primary nickel demand is set to decrease from 68% in 2017 to 60% in 2027, as demand from the battery sector surges. Stainless steel will remain the major demand driver for nickel24 APRIL 201824/04/2018commentsshare Roskill said in a report that the stainless steel sector would remain the major consumer of primary nickel, mainly due to developments in Ch...Read More

"WDC is committed to establishing a sustainable and safe environment for mining"

24 APRIL 2018 / Staff reporter

The World Diamond Council has pledged its support to the Organisation for Economic Co-operation and Development (OECD) due diligence guidance (DDG) for responsible supply chains of minerals from conflict-affected and high-risk areas.Staff reporterThe WDC has pledged its support for the OECD DDG assurance process24 APRIL 201824/04/2018commentsshareThe third edition of the OECD DDG was pub...Read More

Exclusive Interview: Uranium's Pivotal Year

April 24, 2018 / Gerardo Del Real

Editor's Note: Today we bring you the second part of Gerardo Del Real's exclusive interview with the president and CEO of Uranium Energy Corp. (NYSE: UEC), Amir Adnani. Part one may be found here.Read on to learn about UEC's unique "hub and spoke" strategy, how it is reacting to the current state of the uranium market, and the Alto Paran?? titanium project.To your wealth,Nick HodgePublisher, Outsi...Read More

This is Why You Can’t Trust “Experts” and Lab Results at Trial

April 24, 2018 / The Daily Bell Staff

Massachusetts courts have had a bad year.A Massachusetts lab technician, Sonja Farak, came to work high every day for 8 years. Well technically, sometimes she arrived sober but was soon high as a kite.She worked in a lab that tested drugs confiscated from arrested suspects. Of course, she wasn’t supposed to personally test the drugs… that was what the lab equipment was for.In 2014...Read More

This is Why You Can’t Trust “Experts” and Lab Results at Trial

April 24, 2018 / The Daily Bell Staff

Massachusetts courts have had a bad year.A Massachusetts lab technician, Sonja Farak, came to work high every day for 8 years. Well technically, sometimes she arrived sober but was soon high as a kite.She worked in a lab that tested drugs confiscated from arrested suspects. Of course, she wasn’t supposed to personally test the drugs… that was what the lab equipment was for.In 2014...Read More

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