Mining Articles

6 Ways to Regain the Financial Margin We All Need

April 13, 2018 / The Daily Bell Staff

Have you ever paid late fees on your rent? Have you ever had your debit card declined publicly when getting groceries? Have you ever had your long-term plans interrupted because your finances came up short?If you have, you’re one of the millions of Americans who need margin in their personal finances. To have margin means that you have space, or cushion room, not just for your bills but also...Read More

Gold Seeker Closing Report: Gold and Silver Fall Over 1%

12 April, 2018 / Chris Mullen, Gold Seeker Report

CloseGain/LossGold $1335.20-$15.90Silver$16.48-$0.18XAU82.76-1.10%HUI180.42-1.37%GDM630.24-0.85%JSE Gold1084.95-33.14USD89.78+0.22Euro123.27-0.37Yen93.26-0.35Oil$67.07+$0.2510-Year2.830%+0.050T-Bond145.40625-0.71875Dow24483.05+1.21%Nasdaq7140.25+1.01%S&P2663.99+0.83% The Metals: Gold saw slight gains in Asia, but it then fell throughout most of trade in London and New York and ended near i...Read More

EU and Euro Exposed To Risks Including Trade Wars and War With Russia In Middle East

12 April, 2018 / GoldCore

- EU and euro face growing risks including trade wars, energy independence and war with Russia in Middle East- Middle East war involving Russia may badly impact energy dependent & fragile EU- Trade and actual wars on European doorstep show the strategic weakness of the EU- Toxic combination due to growing anti-EU and anti-Euro sentiment in many EU nations- Investors should diversify to hedge inv...Read More

Eureka Announces $2.2 Million Private Placement of Subscription Receipts

Thu Apr 12 19:45:34 2018 / Staff reporter

Eureka Resources, Inc. (TSXV: EUK) is pleased to announce that, further to its news release of February 27, 2018, it has entered into an engagement letter with Kore Mining Inc. ('Kore') and PI Financial Corp. (the 'Agent') with respect to a brokered private placement of Eureka subscription receipts.Read full newsRead More

India's March #gold imports halve as local prices rally

Thu Apr 12 19:15:05 2018 / Staff reporter

Lower gold imports could help the South Asian country reduce its steadily declining trade deficit, but could also weigh on global prices.Read full newsRead More

Winners Announced: Mines and Money Asia Outstanding Achievement Awards

Apr. 12, 2018, 6:33 PM / Naomi Robinson

A key feature of the annual Mines and Money Asia conference, which took place in Hong Kong last week, was the announcement of the official winners of the Mines and Money Asia Outstanding Achievement Awards recognising both companies and individuals for their notable achievements in mining and finance for the past year.This year's ceremony took place on Wednesday 4 April at Loft 22 in Hong Kong's t...Read More

Franco-Nevada chair Pierre Lassonde on @BNN with @paulbagnellBNN : #Gold equities cheaper than ever

Thu Apr 12 18:13:53 2018 / BusinessNewsNetwork

Pierre Lassonde, chairman of Franco-Nevada, talks to BNN about challenges in the gold mining industry with deal flow and financing, the signs that are making him bullish on gold right now, and how conditions for gold are different now versus five years ago.Read full newsRead More

Franco-Nevada chair Pierre Lassonde on @BNN with @paulbagnellBNN : #Gold equities cheaper than ever

Thu Apr 12 18:13:53 2018 / Business News Network

Pierre Lassonde, chairman of Franco-Nevada, talks to BNN about challenges in the gold mining industry with deal flow and financing, the signs that are making him bullish on gold right now, and how conditions for gold are different now versus five years ago.Read full newsRead More

FTSE 100 closes near flat as Middle East tensions cool

17:31 12 Apr 2018 / Renae Dyer

FTSE 100 closes near flat Micro Focus and Tesco shares jumpITV and mining stocks slump FTSE 100 closed in positive territory, but only just, as traders came back to stocks desite and amid geopolitcal tensions.The UK blue-chip benchmark closed 1.20 points, or 0.02% at 7,258.Its mid-cap cousin, the FTSE 250 was also higher, up almost 118 points at 19,772.Top riser on FTSE 100 was Micr...Read More

Sandstorm Gold provides update on royalty properties

2018-04-12 17:20 / Mr.Nolan Watson reports

Mr.Nolan Watson reportsSANDSTORM GOLD PROVIDES ASSET UPDATESSandstorm Gold Ltd. has provided recent updates from the company's royalty properties. "The assets in Sandstorm's portfolio continue to report exploration success, which is resulting in resource growth and mine life extension," said president and chief executive officer Nolan Watson. "We are working diligently to deploy our capital into r...Read More

Where are major #markets, #metals and #miners at so far today? Find out here:

Thu Apr 12 15:49:27 2018 / Staff reporter

Morning Market Breakdown, April 12: As precious metals and other commodities took a hit, the indexes regained some strength Thursday morning.Read full newsRead More

Bacanora Lithium advancing Sonora debt and equity financing

15:46 12 Apr 2018 / Andrew Scott

Peter Secker, chief executive of Bacanora Minerals Ltd (LON:BCN) caught up with Proactive's Andrew Scott to update on financing discussions for the Sonora lithium mine in Mexico.Secker says they're still on track to begin production in the first quarter of 2020 and is expecting construction to kick off in the first half this year.  Meet 360 Blockchain Inc, Alterola Biotech, Inc and LGC Capita...Read More

Global Energy Metals makes strategic hire for Werner Lake Project

15:41 12 Apr 2018 / Christine Corrado

Global Energy Metals Corp (TSXV:GEMC, OTCQB:GBLEF, FSE:5GE1) said its partner at the Werner Lake cobalt project in Canada has hired experienced geologist Toby Hughes as it kicks off an aggressive exploration program to update the current resource estimate.Paul Sarjeant, the company's VP of Projects and Director, noted Hughes's is a very important hire for Marquee, as he will help to lead the drill...Read More

Terrax Minerals closes $4.02-million bought deal

2018-04-12 15:35 / Mr. Joe Campbell reports

Mr. Joe Campbell reportsTERRAX ANNOUNCES CLOSING OF FINANCING FOR $4.0 MILLIONTerrax Minerals Inc. has closed its bought deal financing announced on March 23, 2018, and on April 3, 2018, which was led by PI Financial Corp. The overallotment option granted to the underwriter (PI Financial) was exercised in full.Pursuant to the offering, the company issued an aggregate of 4,312,500 units of the comp...Read More

Last hurrah for the zinc price

Apr. 12, 2018, 3:15 PM / 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

Quiz shares strut higher as annual revenues jump

15:00 12 Apr 2018 / Renae Dyer

Shares in fashion retailer Quiz Plc (LON:QUIZ) strutted higher after reporting a 30% jump in revenue to ?116.4mln in the year ended March.Revenue growth was driven by online which delivered a 158% increase in sales to ?30.6mln. UK stores and concessions rose 12% to ?65.6mln.The company joined the market in July valued at ?200mln, raising around ?100mln in the process, mainly for its founding...Read More

Genius closes $1.55-million private placement

2018-04-12 14:15 / Mr. Guy Goulet reports

Mr. Guy Goulet reportsGENIUS PROPERTIES LTD. CLOSES $1.5M FIRST TRANCHE FINANCING, ANNOUNCES AMENDMENT TO MT. CAMERON OPTION AGREEMENT AND PROVIDES UPDATE ON PROPOSED TRANSACTION Genius Properties Ltd. has closed a $1,556,000 non-brokered private placement of 10,373,335 units of the corporation, each unit consisting of one common share and one-half of one share purchase warrant, at a price of 15 c...Read More

Poor left out of mining profits as 'resource curse' hits Kenya

Apr. 12, 2018, 2:03 PM / Reuters

NAIROBI, April 12 (Thomson Reuters Foundation) - Kenya's oil, gas and mineral deposits are being increasingly exploited, but a failure to implement laws and ensure local communities know their rights has meant the most marginalised are not benefiting, lawyers and academics said on Thursday.The East African nation has proven deposits of titanium, gold and coal and also holds significant copper, nio...Read More

Amarillo Gold closes $5.15-million private placement

2018-04-12 13:55 / Mr. Mike Mutchler reports

Mr. Mike Mutchler reportsAMARILLO COMPLETES OVER SUBSCRIBED NON-BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF APPROXIMATELY $5.2 MILLION Further to Amarillo Gold Corp.'s news releases dated March 19, 2018, March 29, 2018, and April 2, 2018, the company has successfully closed the second and final tranche of its previously announced non-brokered private placement through the issuance of 4,244,44...Read More

Glencore is losing billionaire allies to Trump's sanctions

Apr. 12, 2018, 1:31 PM / Bloomberg News

(Bloomberg) - The reach and power of U.S. sanctions are hemming in the world's largest commodity trader.In just four months, Glencore Plc chief Ivan Glasenberg has lost two of his closest business allies as President Donald Trump's aggressive foreign policy hits home, forcing him to cut ties with billionaires Oleg Deripaska and Dan Gertler.The U.S. actions demonstrate the rising risk from interna...Read More

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