Mining Articles

CMOC Intl CEO Madhavpeddi leaves mining giant

Apr. 13, 2018, 9:25 AM / Reuters

LONDON/HONG KONG, April 13 (Reuters) - China Molybdenum International (CMOC) Chief Executive Kalidas Madhavpeddi has left the company and the parent group's Executive Chairman Chaochun Li has replaced him as acting CEO.A China-based spokesman said the move was a normal personnel change, adding "having the chairman serve as overseas CEO at the same time shows the company's emphasis on the overseas...Read More

Mining for Congo's gold

Fri Apr 13 06:25:30 2018 / Staff reporter

A young gold miner works in Makala gold mine camp near the town of Mongbwalu in Ituri province, eastern Democratic Republic of Congo. REUTERS/Goran TomasevicRead full newsRead More

Mining for Congo's gold

Fri Apr 13 05:26:29 2018 / Staff reporter

A young gold miner works in Makala gold mine camp near the town of Mongbwalu in Ituri province, eastern Democratic Republic of Congo. REUTERS/Goran TomasevicRead full newsRead More

BRIEF-Brio Gold Shareholders Approve Acquisition By Leagold Mining

Fri Apr 13 04:44:35 2018 / Staff reporter

Brio Gold :Read full newsRead More

BRIEF-K92 Mining Reports Q1 Production From Kainantu Gold Copper Mine

Fri Apr 13 04:44:32 2018 / Staff reporter

K92 Mining Inc:Read full newsRead More

Anaconda Mining sells 4,526 ounces of gold in Q1 2018, generating $7.6M in revenue

Fri Apr 13 04:44:31 2018 / Staff reporter

Anaconda Mining sells 4,526 ounces of gold in Q1 2018, generating $7.6M in revenueRead full newsRead More

Peter Munk, gold mining entrepreneur - obituary

Fri Apr 13 04:44:31 2018 / Staff reporter

Peter Munk, who has died aged 90, was a Hungarian-born immigrant to Canada who built the world’s largest gold mining company.Read full newsRead More

Peter Munk, gold mining entrepreneur - obituary

Fri Apr 13 03:46:05 2018 / Staff reporter

Peter Munk, who has died aged 90, was a Hungarian-born immigrant to Canada who built the world’s largest gold mining company.Read full newsRead More

Last hurrah for the zinc price

Apr 13 2018 / Frik Els

Image: GlencoreZinc hit a four month low of $3,135 a tonne on Thursday, down more than 12% from its decade high achieved mid-February.Rising fears about trade protectionism have taken the shine off most base metals but zinc's bearish outlook has more to do with new supply; and lots of it.The metal, mainly used to galvanize steel, has more than doubled since hitting multi-year lows in January 2016...Read More

Energy Summary for April 12, 2018

April 13, 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 May delivery gained 25 cents to $67.07 on the New York Merc, while Brent for June lost four cents to $72.02 (all figures in this para U.S.). Western Canadian Select traded at a discount of $16.80 to W...Read More

Diamond & Specialty Minerals Summary for April 12, 2018

April 13, 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 Thursday was a positive 86-78-120. The TSX Venture Exchange rose four points to 782 while rough diamond prices gained 0.2 per cent this week. Bruce Counts's Lithoquest Diamonds Inc. (LDI) continu...Read More

Gold Summary for April 12, 2018

April 13, 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 fell $18.50 to $1,334.30 on Thursday. The TSX Venture Exchange rose 4.66 points to 781.37 while the TSX Gold Index lost 1.96 points to 186.60. Canadian gold miners lost ground today, with Fred Stanford's Torex Gold R...Read More

Shell Summary for April 12, 2018

April 13, 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 The TSX Venture Exchange gained 4.66 points to 782.37 Thursday.Donald Wright, Avi Grewal and John O'Sullivan have filed a preliminary prospectus to list their second capital pool shell, Cinaport Acquisition Corp. II. They plan to sell...Read More

Junior Miner Gains Ground on Gold, Copper Output

April 13, 2018 / Staff reporter

K92 Mining Inc. (TSXV:KNT), a junior miner, moved up after announcing Q1 gold and copper production at its Kainantu Gold MineSean Mason | April 13, 2018 | SmallCapPowerCopper and gold production caught the eyes of more than a few junior miner speculators Friday. Here's some small stocks making big moves on Friday, April 13, 2018 (as of 4 pm EST):K92 Mining Inc. (TSXV:KNT) shares continued to mo...Read More

Nemaska adds US$150 million streaming component to lithium plan

April 13, 2018 / Resource World

Nemaska adds US$150 million streaming component to lithium planNemaska Lithium Inc. [NMX-TSX, NMKEF-OTCQX, NOT-FSE] entered into a US$150 million streaming agreement with Orion Mine Finance LP as part of a large plan to fund a proposed lithium mine in Quebec.The move comes just two weeks after the company announced the components of a plan to raise between US$775 million and US$825 million to fund...Read More

Dundee gold production beats estimates in Bulgaria

April 13, 2018 / Resource World

Dundee's Chelopech gold mine in central-western Bulgaria. Source: Dundee Precious Metals Inc.Dundee Precious Metals Inc. [DPM-TSX] on Friday April 13 announced its mine and smelter production results for the three months ended March 31, 2018.Highlights included better than expected production from the Chelopech Mine which is located in central-western Bulgaria approximately 70 km east of Sofia, th...Read More

Miners among those entering the Experiential Age

13 APRIL 2018 / Eddy Solbrandt*

When Chris Klock was 10 years old, his parents took him to the Statue of Liberty. After climbing halfway up the interior stairs, he stopped at a lookout point to see the New York City skyline. "It just terrified me. I turned around and walked right down the steps," Klock said. It was the first time he could remember being overwhelmed by acrophobia, or, the fear of heights, which afflicts an estima...Read More

Hydropothecary Expected to Win Big in Quebec Supply Deal

April 13, 2018 / Staff reporter

The Hydropothecary Corporation (TSXV:THCX) estimates the total volume to be supplied over the five-year term of the agreement could exceed 203,950 kgSmallCapPower | April 13, 2018: The Hydropothecary Corporation (TSXV:THCX) Wednesday announced that it has signed a commercial agreement with the Soci?(C)t?(C) des alcools du Qu?(C)bec (SAQ) for supplying of cannabis products for the Quebec market for...Read More

Anaconda overs 64% premium in Maritime takeover bid

April 13, 2018 / Resource World

A gold pour from the past-producing Hammerdown Mine on the Maritime Resources Green Bay property, Newfoundland. Source: Maritime Resources Corp.Anaconda Mining Inc. [ANX-TSX; ANXGD-OTC] said Friday April 13 it has launched a formal offer to acquire all of the issues and outstanding shares of Maritime Resources Corp. [MAE-TSXV], together with associated rights issued under Maritime's shareholders r...Read More

Top 5 Gold Stocks Flying Under the Radar

April 13, 2018 / Staff reporter

The gold stocks on our list today have vastly outperformed their peersSmallCapPower | April 13, 2018: Gold prices have spiked over the past week, increasing from US$1325/oz to US$1355/oz, likely driven by concerns over a potential U.S. military intervention in Syria. Today we have identified five gold stocks that have significantly outperformed their peers, increasing an average of 19% over the pa...Read More

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