Mining Articles

Six people killed at Newmont's operation in Ghana

Apr 8 2018 / Valentina Ruiz Leotaud

Six people were killed and two were injured after the roof of the reclaim tunnel at the Ahafo Mill Expansion project in Ghana collapsed. The project is run by US-based Newmont Mining Corporation (NYSE: NEM).The site is located in the Brong Ahafo region, some 307 kilometres from Accra. Other workers were evacuated and operations have been suspended to allow for an investigation into the causes of t...Read More

More artisanal miners invade Grace Mugabe's farm

Apr 8 2018 / Valentina Ruiz Leotaud

The former first lady's police report did not deter them. Quite the opposite happened. Local media in Zimbabwe report today that a larger group of artisanal miners has settled on Grace Mugabe's farm in Mazowe, about 40 kilometres north of Harare. The miners say they won't leave unless president Emmerson Mnangagwa asks them to.The new arrivals have started digging for gold using pickaxes, hoes and...Read More

One Day Before Retirement, Nest Egg Smashed by Mayor’s Executive Order

April 08, 2018 / Joe Jarvis

Jersey City Mayor Steven Fulop practically wiped out a couple’s retirement with the stroke of a pen.He decided to issue an executive order banning the demolition of any homes for six months.During those six months, Fulop wants the city council to pass new laws, “which will better protect the City’s culturally, historically and/or architecturally significant buildings and structur...Read More

One Day Before Retirement, Nest Egg Smashed by Mayor’s Executive Order

April 08, 2018 / Joe Jarvis

Jersey City Mayor Steven Fulop practically wiped out a couple’s retirement with the stroke of a pen.He decided to issue an executive order banning the demolition of any homes for six months.During those six months, Fulop wants the city council to pass new laws, “which will better protect the City’s culturally, historically and/or architecturally significant buildings and structur...Read More

Proactive Oil & Gas Summary: 88 Energy, Eland Oil & Gas, Echo, Lansdowne, Providence Resources ...

08:00 07 Apr 2018 / Proactive Investors

88 Energy Ltd (LON:88E, ASX:88E) has provided an update on its operations in Alaska, where it has both conventional and shale interests within the Project Icewine acreage.The company said that a 450 square kilometre 3D seismic exploration programme was completed on March 28, highlighting that the work was finished on schedule and within budget. It expects processed data from the first areas will b...Read More

Senior Gold Producer's New Mine Is on Time and Budget

Sat Apr 07 06:13:01 2018 / Staff reporter

Analyst Andrew Kaip with BMO Capital Markets provided an update on what transpired during the period in which his firm was prohibited from writing about this miner.Read full newsRead More

What the Hell Is Bitcoin Mining?

Sat Apr 07 04:31:43 2018 / Staff reporter

A beginner's guide to the intricate world of creating new bitcoin -- and maintaining the network that supports itRead full newsRead More

Old Electronics Could Be More Profitable Than Literal Gold Mines

Sat Apr 07 04:31:43 2018 / Staff reporter

Urban mining is way cheaper than digging for gold and copper.Read full newsRead More

Black Hills gold mine plan ignites protests

Sat Apr 07 04:31:42 2018 / Staff reporter

One paved road leads in and out of Rochford, a remote Pennington County town at the center of a heated debate over a proposal to mine for gold in a pristine part of the northern Black Hills.With permits in hand, a Canadian prospecting company has begun drilling exploratory holes just south of Rochford...Read full newsRead More

Marathon County Board to consider new rules for copper and gold mining

Sat Apr 07 04:31:39 2018 / Staff reporter

The board will meet Tuesday at 7 p.m. to consider a policy that aims to guard against the potential harm of metallic mining.Read full newsRead More

Canadian Mining Firm Abandons Gold to Focus on Crypto Mining

Sat Apr 07 04:31:38 2018 / Staff reporter

Canadian Mining Firm Abandons Gold to Focus on Crypto MiningRead full newsRead More

ShareRoot pitches MediaConsent solution to data privacy concerns for consumers and companies

03:09 07 Apr 2018 / Danielle Doporto

Noah Abelson-Gertler, chief executive of ShareRoot Ltd (ASX:SRO), updates Proactive Investors ahead of presentations at the TechKnow Invest Roadshow in Sydney on April 10 and Melbourne on April 12.The company's latest offering, MediaConsent, is currently being rolled out as issues of data protection are hitting headlines and crystallising in the minds of consumers, companies and governments."Share...Read More

Diamond & Specialty Minerals Summary for April 6, 2018

April 07, 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 Friday was an 88-88-118 draw. The TSX Venture Exchange fell one point to 769 while polished diamond prices were flat. Ken MacNeill and George Read's Star Diamond Corp. (DIAM), which briefly nosed...Read More

Shell Summary for April 6, 2018

April 07, 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 lost 1.41 points to 769.15 Friday, ending the week down 27.52 points. Two capital pool shells listed today. First, Arif Shivji's Predator Blockchain Capital Corp. (PRED) opened at 28 cents and closed at 24 cent...Read More

Gold Summary for April 6, 2018

April 07, 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 gained $7.20 to $1,333.40 on Friday. The TSX Venture Exchange dropped 1.41 points to 769.15 while the TSX Gold Index added 1.54 points to 185.95. Most Canadian gold miners moved little today. Agnico Eagle Mines Ltd....Read More

Sunoil ends lawsuit against former chairman Gardner

April 07, 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 CaswellSunoil Ltd. has dropped a lawsuit that it was pursuing in the Supreme Court of British Columbia against its former chairman, Robert Gardner. The company had claimed that Mr. Gardner and others fraudulently misrepresented the value of a property called...Read More

Dominican province demands 5% of Barrick's royalty payments

Apr 7 2018 / Valentina Ruiz Leotaud

During a legislative forum organized by the Dominican Republic's Lower Chamber in the city of Cotu?-, which is located in the central province of S??nchez Ram?-rez, residents, community members and activist groups said that the federal government should transfer the province 5 per cent of the royalties it receives from Barrick Gold and that MPs should push for this to happen.Barrick (NYSE, TSX:ABX...Read More

Canadian miner sells cobalt assets in Ontario

Apr 7 2018 / Valentina Ruiz Leotaud

CBLT Inc. (TSXV: CBLT) announced that it will sell two claims in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario to Australian miner Krakatoa Resources (ASE:KTA).In a press release, the Burlington-based company explained that the claims are located peripheral to a cluster of former silver-cobalt mines at Gowganda, 85 kilometres northwest of the town of Cobalt, whose mines ope...Read More

Is it Over for Uranium?

April 7, 2018 / Matt Smith

Uranium has been mired in a protracted slump since 2011 and despite claims by some pundits that a rally is looming, its price continues to fall, leaving it down by 12% over the last year. This has had a deleterious impact on uranium miners, with many - including the world's largest publicly traded uranium miner Cameco Corp. (TSX:CCO)(NYSE:CCJ) shuttering mines and slashing production to reduce cos...Read More

This Precious Metals Streamer's Pullback Leaves it Attractively Valued

April 7, 2018 / Matt Smith

Market jitters and the threat of a trade war with China have helped drive gold higher in recent weeks. There is every sign that it will move higher, as fears of a market correction and growing economic as well as geopolitical uncertainty weighs on financial markets. This makes Osisko Gold Royalties Ltd. (TSX:OR)(NYSE:OR) an attractive investment, especially considering that it has pulled back in r...Read More

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