Mining Articles

Canadian miner expanding quickly in Mali

Apr. 5, 2018, 4:28 PM / Valentina Ruiz Leotaud

Following the announcement of its intentions to acquire the Kandiole-North and the Kandiole-West permits, RosCan Minerals (TSXV: ROS) said that now it wants to buy the 65-square-kilometre Segando-South and the 32-square-kilometre Moussala-North permits, all located in western Mali."With the acquisition of these additional permits, RosCan's Kandiole Project will consist of approximately 164 sq. km....Read More

China launches WTO complaint on U.S. tariffs linked to IP issues

Apr. 5, 2018, 4:13 PM / Reuters

China has sought consultations with the United States, the first step in a WTO dispute, over its announced tariffs on $50 billion worth of Chinese imports on grounds of alleged theft of U.S. intellectual property, the World Trade Organization said on Thursday.The notification to the Geneva-based watchdog triggered a 60-day deadline for the two sides to settle the complaint or face litigation at th...Read More

AdEPT continues tradition with another meaty dividend increase

16:05 05 Apr 2018 / Andrew Scott

Ian Fishwick, chief executive of AdEPT Telecom plc (LON:ADT), tells Proactive's Andrew Scott underlying earnings in the financial year just ended will be slightly ahead of market expectations.Turnover, up 29% or so year-on-year, is also expected to be ahead of market expectations.Net senior debt at the end of March stood at ?18.05mln, which was lower than the market had been expecting largely as...Read More

Policy Castle to raise up to ?1mln to grow tech team and boost sales

15:07 05 Apr 2018 / Andrew Scott

Policy Castle's CEO Edmund Dilger gives Proactive Investors an introduction and brief history as to how the insurance technology platform came about.''We're selling home insurance, we're focused on specialist home insurance and we're targeting specifically the customers who are using a broker  for their home insurance needs''''These are customers who are not using price comparison websites be...Read More

US non-farm payrolls report eyed as Federal Reserve considers next rate hike

15:02 05 Apr 2018 / Renae Dyer

The US Labor Department's official jobs data for March has a tough act to follow.Last month's US non-farm payrolls report showed employers added a much bigger-than-expected 313,000 jobs in February.Economists had forecast payroll growth of 200,000.A strong labour market contributed the Federal Reserve's decision to raise interest rates last month by a quarter percentage point to a range of 1.5% to...Read More

Update on Outlook.com and Hotmail.com email issue

Thu, 05/04/2018 2:57 pm / Ted Dixon

Further to my post earlier today, our technical team has identified a possible solution which should be implemented tonight. In the meantime, archived versions of recent Canadian Insider Club Morning and Market reports are available in the Reports section of the website. Read More

Shire shares lifted by Japanese takeover talk

14:45 05 Apr 2018 / Jamie Ashcroft

Shire Plc (LON:SHP) shares gained 123p or  3.4%, trading at 3,724, amid rising speculation that a big may be coming from Japan's Takeda Pharmaceutical.Market talk was boosted by comments from Takeda boss Christophe Weber, who reportedly told analysts that the acquisition of Shire could accelerate his company's transformation and the target's large size would not be an obstacle.3:45pm: Weather...Read More

Great Bear Provides Drilling Update for Dixie Lake Gold Project, Red Lake District, Ontario

Thu Apr 05 14:13:39 2018 / Staff reporter

Great Bear Resources(TSXV:GBR, OTC:GTBDF) (the 'Company' or 'Great Bear'), today provided an update on Phase 2 drilling at its Dixie Lake gold project, located in the Red Lake district of Ontario.Read full newsRead More

Vangold Mining Announces new Advisory Board

Thu Apr 05 13:31:47 2018 / Staff reporter

Vangold Mining Corp.(TSXV:VAN; OTC:VGLDF) ('Vangold' or the 'Company') is pleased to announce the acceptance of the Company's new members to the Advisory Board, being John P.A. Budreski, T. Gregory Hawkins and R. Stuart (Tookie) Angus.Read full newsRead More

Comstock Options Rawhide Cobalt-Silver Project in Gowganda Area, Ontario

Thu Apr 05 13:27:31 2018 / Comstock Mining Inc.

Comstock Metals Ltd. (TSXV:CSL) ('Comstock' or the 'Company') is pleased to announce that it has entered into an option agreement whereby it can acquire a 100% interest in five mining claims located in the Gowganda area of the historic Greater Cobalt Mining Camp of northern Ontario, comprising the Rawhide cobalt-silver property (the 'Rawhide Property').Read full newsRead More

Important notice for Outlook.com and Hotmail.com users

Thu, 05/04/2018 12:32 pm / Ted Dixon

We have had inquiries from users who have Outlook.com and Hotmail.com accounts asking why they are not getting email alerts and reports. This is due to an issue beyond our control, and likely is due to an algorithm change at Microsoft on or around March 15th that is blocking our emails for some Outlook.com and Hotmail.com email addresses. While our technical team is working on trying to find a so...Read More

#Facebook Admits "Most" Of Its 2.2 Billion Users Exposed To Data Scraping, "Malicious Actors" | Zero Hedge

Thu Apr 05 11:41:45 2018 / Staff reporter

Oh, and they've been reading all of our private messages.Read full newsRead More

Copper grades at Asiamet's BKM deposit 'off the charts'

10:54 05 Apr 2018 / Andrew Scott

Steve Hughes, VP of exploration at Asiamet Resources Limited (LON:ARS), tells Proactive's Andrew Scott latest assay results from the BKM copper project in Indonesia have provided further encouragement for them.The results comprise part of the 2017/2018 geotechnical programme conducted on BKM and have delivered the highest grade of copper mineralisation from surface drilled at BKM to date.  Me...Read More

Weatherly International CEO Craig Thomas has quit after a tough few months for the company |

Thu Apr 05 10:53:24 2018 / Staff reporter

Craig Thomas out after eight years at copper minerRead full newsRead More

Six miners killed in Georgia in coal mine accident - officials

Apr. 5, 2018, 10:53 AM / Reuters

TBILISI, April 5 (Reuters) - Six miners were killed and three injured on Thursday when the roof of a coal mine in western Georgia collapsed, the country's interior ministry said.The ministry said in a statement that the accident had occurred at the Mindeli mine in Tkibuli, 200 km (124.27 miles) west of the capital Tbilisi.Dimitry Kumsishvili, the economic development minister, said that the accide...Read More

Savannah Resources reveals 'excellent' results from 'Grandao Extended'

10:44 05 Apr 2018 / Andrew Scott

David Archer, chief executive of Savannah Resources Plc (LON:SAV), discusses with Proactive's Andrew Scott what he describes as  "excellent" results from exploratory drilling at the Mina do Barroso lithium project in Portugal.A new area of high grade lithium mineralisation has been discovered at the site.This zone, referred to as 'Grandao Extended', was unearthed through drilling to the west...Read More

Koza Altin unit, GreenOre to expand drilling for gold in Scotland

Apr. 5, 2018, 10:36 AM / Reuters

ISTANBUL, April 5 (Reuters) - Koza Ltd, whose founder had to abandon his Turkish gold assets, is expanding its operations in Britain with a $1 million programme to drill for gold in Ayrshire, Scotland, together with a venture partner, the company said on Thursday.Founder Akin Ipek built a multi-billion-dollar fortune in Turkey based on gold mining, but left the country in 2015 after relations betw...Read More

Vedanta copper unit draws ire of movie stars on pollution claims

Apr. 5, 2018, 10:28 AM / Bloomberg News

(Bloomberg) - Vedanta Ltd.'s plan to expand a copper smelter in India as part of an $8 billion drive to boost its national production capacity for metals is being dogged by movie stars and local protesters.Stars-turned-politicians Rajinikanth and Kamal Haasan are lending their voices to protests by neighboring villagers against the plant in Tamil Nadu because of health concerns. Vedanta is workin...Read More

De Beers, Botswana seek fresh expansion of world's richest diamond mine

Apr. 5, 2018, 10:27 AM / Cecilia Jamasmie

Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, is seeking permission to extend the lifespan of its Jwaneng mine again by digging deeper.Jwaneng, which began operations in 1982, is currently 650 metres deep, but its owners want to deepen the pit to 830 meters (2,700 feet), which will allow continuing operations for another 11 year...Read More

Ontario Supporting Seniors in the Northwest

April5, 20189:30 A.M. / Ministry of Northern Development and Mines

Ontario is helping seniors in Marathon and across the Northwest access the care they need by investing in the Marathon Seniors' Complex and making prescription drugs free for everyone 65 and over. Michael Gravelle, Minister of Northern Development and Mines, was at Marathon Town Hall to announce the province's support for the new Marathon Seniors' Complex, which will benefit from new common areas...Read More

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