Mining Articles

FTSE 100 closes positively as Wall Street rebounds, but Russian stocks hit

18:00 09 Apr 2018 / Renae Dyer

FTSE 100 closes 11 pts upRolls-Royce rallies on deal to sell L'OrangeRussia exposed stocks hit by US sanctions  FTSE 100 closed in positive territory, despite earlier losses as investors came back to buying shares and US stocks were higher.The UK blue chip benchmark closed around 11 points higher, at 7,194.FTSE 250 though, the more UK company focused index, was lower though, plungin...Read More

Where are major #markets, #metals and #miners at so far this morning?:

Mon Apr 09 17:41:05 2018 / Staff reporter

Morning Market Breakdown, April 9: After Friday's close left all major markets in the red, Monday morning's gains brought solace to the indexes.Read full newsRead More

Canadian miner A-OK despite U.S. sanctions against Russian companies

Apr. 9, 2018, 5:06 PM / Valentina Ruiz Leotaud

Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) issued a press release today stating that its mining operations in Russia continue to function according to plan and remain unaffected by the new sanctions announced by the United States on April 6, 2018.Last Friday, the U.S. Treasury Department imposed sanctions on seven Russian oligarchs including metal magnate Oleg Deripaska, as well as 12 companie...Read More

Essential Services Group Inc. initiates rollup strategy in acquisitions and IPO

16:58 09 Apr 2018 / Christine Corrado

Essential Services Group Inc. Executive Vice President Billy Robinson tells Proactive Investors the holding company, focused on the fragmented infrastructure services space, is looking to list publicly in late June or July.Robinson says as part of their rollup strategy, they are acquiring companies in the space and using Maxim Group to initiate their US$25mln IPO.  Meet Carnarvon Petrole...Read More

ChineseInvestors.com launching Bitcoin trading academy to grow subscribers

16:26 09 Apr 2018 / Christine Corrado

ChineseInvestors.com Inc. (OTCQB: CIIX) Chief Executive Officer Warren Wang tells Proactive Investors the financial-information website is launching their "Bitcoin trading academy" in June.Wang said in an interview at the Microcap Conference in New York City that the trading academy will feature a three-level course on trading Bitcoin for Chinese-speaking investors in the U.S.  Meet Carnarvon...Read More

Gran Colombia's output grows by 35%

Apr. 9, 2018, 4:18 PM / Valentina Ruiz Leotaud

Colombia-focused Gran Colombia Gold (TSX:GCM) announced today that gold production for the first quarter of 2018 reached 52,672 ounces, a growth of 35 per cent when compared to the same quarter of 2017."This brings the Company's trailing 12-months' total gold production to 187,485 ounces, up 8% from 2017's annual production of 173,821 ounces and within the Company's production guidance for 2018 of...Read More

US Congressman Pushes Bill To Reinstate Gold Standard | Zero Hedge

Mon Apr 09 16:10:49 2018 / Staff reporter

Recently, a new piece of legislation has been introduced by Republican Congressman from West Virginia Alex Mooney "to define the dollar as a fixed weight of gold."Read full newsRead More

Kane Biotech plans to expand commercialization of its anti-microbial biofilm products into Europe

16:09 09 Apr 2018 / Christine Corrado

Kane Biotech (TSX-V:KNE, OTCQB:KNBIF) CEO Mark Ahrens-Townsend tells Proactive Investors that the technology company, engaged in the development and commercialization of products that prevent and remove microbial biofilms, is looking to expand into Europe, and potentially further.Ahrens-Townsend says the company licensed two of their technologies to U.K.-based company Dechra Pharmaceuticals for di...Read More

PeerStream Inc signs blockchain infrastructure company in 'breakthrough' deal

15:22 09 Apr 2018 / Christine Corrado

PeerStream Inc (OTCMKTS:PEER) CEO Alex Harrington tells Proactive Investors the computer software and social media company signed their first client, ProximaX, potentially bringing in US$10mln in service fees.Harrington says PeerStream will license its PeerStream Protocol technology and integrate it into ProximaX to supply the multimedia streaming and communications application layer.  Meet C...Read More

AfriTin Mining gains on MoU with MRI Trading

15:20 09 Apr 2018 / Renae Dyer

AfriTin Mining Ltd (LON:ATM) gained as it signed a non-binding memorandum of understanding with MRI Trading for an artisanal buying operation for tin concentrate in Namibia.The two companies aim to explore the possibility of sourcing cassiterite concentrate from local artisanal miners to establish early cash flows, AfriTin said.AfriTin and MRI will also look at establishing a buying station for th...Read More

Healthcare and Insurance Firms Launching #Blockchain Pilot Project

Mon Apr 09 14:55:51 2018 / Staff reporter

Five Healthcare giants, including insurers, are teaming up to for a pilot project to use blockchain to improve healthcare data.Despite the fact that they are competitors in this space, Humana, MultiPlan, Optum, Quest Diagnostics and UnitedHealthcare announced that this new blockchain-infused proje...Read full newsRead More

Firesteel Resources Inc. Appoints General Manager and Chief Operating Officer

Mon Apr 09 13:49:13 2018 / Staff reporter

FIRESTEEL RESOURCES INC. (TSXV: FTR) ('Firesteel') today announced that it has appointed Joe Ranford as Chief Operating Officer for Firesteel. Mr. Ranford will also assume the position of General Manager of the Laiva Mine. Mr Ranford will be resident in Finland.Read full newsRead More

Trading giant keeps faith in copper despite rising trade tension

Apr. 9, 2018, 1:47 PM / Bloomberg News

(Bloomberg) - Copper prices will rise this year as investors look past the ample global supplies and market turbulence to focus on the metal's long-term outlook, according to Trafigura Group's chief economist.Copper has been buffeted in recent weeks by rising inventories, risks to global trade and signs that miners are managing to strike new wage deals without major interruptions to supply, said...Read More

Oval Money interacting with customers to help them better manage their cash

13:43 09 Apr 2018 / Andrew Scott

Benedetta Arese Lucini, one of the co-founders of Oval Money, gives Proactive Investors some of the background as to how the financial platform came about.Up and running for just over a year now, she says they're just weeks away from launching an investment product.''The difference with us is the entry level - you can start investing with just a few pounds''.''The amount of time you can keep it in...Read More

Resource developer discovers 'more gold in the bog'

Apr. 9, 2018, 1:08 PM / Streetwise Reports

Source: Streetwise Reports 04/09/2018Eric Zaunscherb, an analyst with Canaccord Genuity, reviewed and interpreted this company's recent drill results.In the field.In an April 4 research note, Canaccord Genuity analyst Eric Zaunscherb reported that Marathon Gold Corp. (MOZ:TSX; MGDPF:OTC.MKTS) released the stepout drill results from the Marathon gold deposit and Sprite zone bog area, which "pro...Read More

Erris Resources picks up two gold exploration permits in Sweden

12:59 09 Apr 2018 / Andrew Scott

Erris Resources plc (LON:ERIS) CEO Merlin Marr-Johnson tells Proactive Investors they've been granted two gold exploration permits on the Nordgruvan Project, in V??rmlands, Sweden.Marr-Johnson says both new licences have seen historical gold occurrence with reported grades of up to 68 grammes per tonne of gold.  Meet Carnarvon Petroleum Ltd, Southern Gold, Paradigm Biopharmaceuticals Ltd, Pet...Read More

AfriTin Mining announces MoU with MRI Trading AG for buying tin concentrate

12:48 09 Apr 2018 / Andrew Scott

Anthony Viljoen, CEO of AfriTin Mining Ltd (LON:ATM), tells Proactive's Andrew Scott they've signed a non-binding Memorandum of Understanding (MOU) with mineral and petroleum trading firm MRI Trading AG (MRI) for an artisanal buying operation for tin concentrate in Namibia.Together with MRI they're intending to explore the possibility of sourcing cassiterite concentrate from local artisan miners a...Read More

ML Gold Commences Drilling at Stars Project

Mon Apr 09 12:39:54 2018 / ML Gold Corporation

ML Gold Corp (TSXV:MLG) is pleased to announce it has recommenced its diamond drilling program at the Stars Property in Central BC.Read full newsRead More

Live Company Group 'run off its feet with interest' and new launches

12:35 09 Apr 2018 / Andrew Scott

David Ciclitira, executive chairman of Live Company Group Plc (LON:LVCG) tells Proactive Investors a second permanent BRICKLIVE centre, based around fun with LEGO bricks, is to open in China.Brick Live Centre Education Development (Beijing) Limited, a joint venture of which Live Company (LVCG) is a member, has agreed to open a BRICKLIVE centre in Shanghai in the autumn of this year.The first BRICK...Read More

Robert Walters will be the first to give investors a snapshot of UK recruitment market

12:30 09 Apr 2018 / Jamie Ashcroft

Robert Walters Plc (LON:RWA) is the first recruiter to update the market with its first quarter trading statement due on Tuesday.It may well set the tone for the sector as it will be followed later in the week by PageGroup PLC (LON:PAGE) and Hays plc (LON: PLC (LON:HAS).In the fourth quarter, the company delivered 22% growth in net fee income across all its markets, including the UK.The group spec...Read More

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