Mining Articles

Colombia pro-mining referendum will not soothe global miners

Wed Apr 11 04:40:28 2018 / Staff reporter

Jose Alberto Gamboa,whose smile flashes the gold he has spent his life digging fromColombia's frosty Andean mountains, says he will do whatever ittakes to protect his town's only industry: mining.Read full newsRead More

An Attractively Valued Gold-Mining Junior Offers Considerable Upside

Wed Apr 11 04:40:28 2018 / Staff reporter

Cash in on firmer gold by investing in Continental Gold Inc. (TSX:CNL).Read full newsRead More

Copper substitution risk set to rise

11 APRIL 2018 / Tom Azzopardi in Santiago

Copper producers could risk losing ground to substitute materials if they prove unable to meet rising demand over the next decade, an analyst has warned at the World Copper Conference in Santiago.Tom Azzopardi in Santiago Copper substitution threat rising, says CRU analyst11 APRIL 201811/04/2018commentsshare Vanessa Davidson, CRU's director of copper research and strategy, said that copper prices...Read More

South America to lead global lithium rush

11 APRIL 2018 / Tom Azzopardi in Santiago

South American's lithium triangle is likely to be the chief source of the sought-after mineral over the next decade, Daniela Desormeaux, head of Chilean consultancy SignumBox, told the International Mining Exploration Forum in Santiago.Tom Azzopardi in Santiago Lithium Triangle competing with hard-rock deposits in Australia and elsewhere for new investment11 APRIL 201811/04/2018commentsshare Altho...Read More

Codelco faces union revolt as Chuqui goes underground

11 APRIL 2018 / Tom Azzopardi in Santiago

Chile's state copper company Codelco is pushing ahead with plans to thin the workforce despite sharp union opposition at its Chuquicamata operation as it converts from openpit to underground mining, CEO Nelson Pizarro says.Tom Azzopardi in Santiago The giant Chuquicamata openpit mine in Chile11 APRIL 201811/04/2018commentsshare "This is a difficult process to assimilate but it is unavoidable," the...Read More

Energy Summary for April 10, 2018

April 11, 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 $2.09 to $65.51 on the New York Merc, while Brent for June gained $2.39 to $71.04 (all figures in this para U.S.). Western Canadian Select traded at a discount of $16.80 to WTI ($4...Read More

Diamond & Specialty Minerals Summary for April 10, 2018

April 11, 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 Tuesday was a mediocre 73-81-140. The TSX Venture Exchange rose 10 points to 776 while polished diamond prices edged higher. Quentin Yarie's Honey Badger Exploration Inc. (TUF) hit an intraday hi...Read More

Gold Summary for April 10, 2018

April 11, 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 rose $4.30 to $1,340.00 on Tuesday. The TSX Venture Exchange rose 10.68 points to 776.14 while the TSX Gold Index rose 0.42 point to 184.53. Most Canadian gold miners moved little again today. Kinross Gold Corp. (K)...Read More

Shell Summary for April 10, 2018

April 11, 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 ReporterThe TSX Venture Exchange gained 10.68 points to 776.14 Tuesday. Rudy Cheddie has filed a final prospectus to list his first capital pool shell, Cherry Street Capital Inc. It is selling a $525,000 to $750,000 initial public offering at...Read More

CMKM defendant Edwards seeks to leave jail

April 11, 2018 / Mike Caswell

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 Mike CaswellLawyers for John Edwards, the only person in jail for the massive CMKM Diamonds Inc. fraud, have asked the judge to release their client. They say that Mr. Edwards is in poor health, both mentally and physically. They also say that they are negotiatin...Read More

Bahrain could host World Jewellery Confederation Congress

Apr 11 2018 / Valentina Ruiz Leotaud

Manama, capital of Bahrain, could host the 2019 World Jewellery Confederation CIBJO Congress.During a visit to the kingdom, the president of the self-described "United Nations of the jewelry business," Gaetano Cavalieri, met with Yaser Alsharifi, chairman of DANAT, the Bahrain Institute for Pearls & Gemstones, who brought up the idea of the new location for the next year's meeting. Hosting su...Read More

Rusal bonds slump, customers review contracts as U.S. sanctions bite - by Polina Ivanova (Reuters U.S. - April 10, 2018)

Apr 11 2018 / Staff reporter

https://www.reuters.com/MOSCOW (Reuters) – Rusal's (0486.HK) dollar bonds slumped to record lows, two major customers said they were reviewing their contracts, and the London Metal Exchange distanced itself from the aluminum giant on Tuesday, in the latest aftershocks from U.S. sanctions.The sanctions imposed on Rusal and its boss, metals magnate Oleg Deripaska, mark the first time a major i...Read More

Africa's hope lies in exploration

Apr 11, 2018 / Leon Louw

Exploration is at the heart of mining. Nobody can build a mining company without exploration. The greatest mining companies in Africa today invested in top geologists and exploration projects many years ago. The geologists' brief was simple: hunt down and find the next best deposit. These geologists had flair, a spirit of adventure and a great appetite for taking risks, as had the companies that e...Read More

Will Teck Resources Ltd. or Barrick Gold Corp. Rally Through the End of 2018?

April 11, 2018 / Andrew Walker

Teck Resources Ltd. (TSX:TECK.B)(NYS:TECK) and Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) are two of Canada's top mining companies.Let's take a look at the giants to see if one deserves to be on your buy list today.TeckTeck produces metallurgical coal, copper, and zinc. The three commodities have enjoyed nice recoveries in the past two years, and investors are wondering if this is the right time to ow...Read More

This Is A Slippery Slope

April 11, 2018 / admin

First, does California State Senator, Richard Pan, hate the United States? He is sponsoring a Bill in California that would effectively censor the internet. Not withstanding fact that this proposed legislation stands in violation of Amendments 1, 5 and 14 of the United States Constitution, if passed it would impose State-sponsored censorship of the citizens of California. Perhaps if Pan h...Read More

Fireweed Zinc expands MacMillan Pass land package and is gearing up for its PEA

Apr 11 2018 / Staff reporter

Fireweed Zinc (FWZ.V) has signed to agreements to acquire a total of 24,400 additional hectares at the MacMillan Pass zinc project in Canada's Yukon Territory. This more than doubles Fireweed's total project size to 469 square kilometers, and the new land claims appear to be prospective for additional SEDEX mineralization as well.The first 11,700 hectares will be acquired by making total payments...Read More

Both Red Eagles will now merge into one entity

Apr 11 2018 / Staff reporter

The shareholders of Red Eagle Exploration (XR.V) overwhelmingly approved (by 100%) the merger with Red Eagle Mining (R.TO). Not a surprise, as we already explained here why the merger appeared to be a good move for the Exploration company - which was controlled by Red Eagle Mining anyway.The deal should now close within the next few days, and the XR shareholders will now be part of a company that...Read More

This electric metal gem is up 55% in 2018 and investors have hardly noticed.

April 11, 2018 / Resource World

Vanadium Pentoxide Prices. 2018 gain approx. 55%. Gain since 2017: approx. 280% Source: www.vanadiumprice.comCobalt Price Chart 2018 gain: approx. 22%Gain since 2017: approx. 250%US$88,000 per tonne = US$40/lbSource: LMELithium Carbonate Price2018 gain: flatGain since 2017: 30%Source: ZacksVanadium is used in redox flow batteries, which are superior to lithium batteries in storage capacity, discha...Read More

Canadian Marijuana Stock Climbs on Quebec Supply Deal

April 11, 2018 / Staff reporter

The Hydropothecary Corporation (TSXV:THCX), a Canadian marijuana stock, moved higher after agreeing to become the preferred supplier of cannabis products for QuebecSean Mason | April 11, 2018 | SmallCapPowerA multi-year Quebec supply agreement lifted a Canadian marijuana stock Wednesday. Here's some small stocks making big moves on Wednesday, April 11, 2018 (as of 4 pm EST):The Hydropothecary C...Read More

LGC Capital Ltd's Portfolio Company Expansion Should Serve It Well

April 11, 2018 / Staff reporter

LGC Capital Ltd. (TSXV:LG) has a convertible loan agreement that could give it a 49% stake in Tricho-Med CorporationSmallCapPower | April 11, 2018: LGC Capital Ltd. (TSXV:LG) Monday announced that Quebec-based Tricho-Med Corporation intends to expand the scale of its operations with new land options covering more than two million square feet of gross building areas of controlled atmosphere product...Read More

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