Mining Articles

Select Sands Corp. to Release 2017 Year-End Financials on April 11, 2018 and Host Investor Conference Call

March 27, 2018 05:56:38 / Staff reporter

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") is pleased to announce that it will be releasing its fourth quarter and full 2017 year end results on Wednesday April 11, 2018 before market open. A conference call to discuss these results will be held on the same day at 8:45 AM EST (5:45 AM PST).Zig Vitols, President and CEO of Select Sands states, "We have m...Read More

Copper Mountain gains approval for $71m acquisition of Altona

Mar. 27, 2018, 5:55 AM / Cecilia Jamasmie

Canada's Copper Mountain Mining (TSX: CMMC) has obtained shareholder approval for its planned acquisition of Australian junior Altona Mining (ASX:AOH) in a deal worth A$93 million, or about $71m at today's rates.Under the agreement, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a 41.7% premium based on closing prices at the time of both companies first...Read More

Canadian Mining Firm Settles U.S. Bribery Case

Tue Mar 27 05:50:02 2018 / Staff reporter

Canadian gold-mining firm Kinross Gold Corp. settled with U.S. authorities over a probe into potential violations of the Foreign Corrupt Practices Act in its West African mining operations.Read full newsRead More

'Coin mining' hacking attacks rose 8,500% in 2017

Tue Mar 27 04:42:01 2018 / Staff reporter

So called criminal 'coin miners' are taking control of our computers, mobiles and 'Internet-of-Things' devices to turn them into crypto-mining slavesRead full newsRead More

UPDATE 1-Australia's Newcrest to recommence mining at flagship Cadia mine

Tue Mar 27 04:06:52 2018 / Staff reporter

(Adds details, background, comments on guidance)Read full newsRead More

Australia's Newcrest to recommence mining at flagship mine

Tue Mar 27 04:06:51 2018 / Staff reporter

Newcrest Mining, Australia's largest independent gold miner, said on Tuesday it will recommence mining operations at its flagship mine which was closed following damages to a tailings dam wall.Read full newsRead More

Solid gold casts of Mandela hand sell for bitcoin

Tue Mar 27 04:06:49 2018 / Staff reporter

(c) 2018, Bloomberg. It's one of the more unusual deals in the art world: After more than a decade, an Alberta businessman has finally found a buyer for his prized collection of gold castings of...Read full newsRead More

LKA Gold Insiders to Convert 7.5% Convertible Debentures to Common at Reduced Conversion Price

Tue Mar 27 04:06:49 2018 / Staff reporter

GIG HARBOR, Wash., March 26, 2018 /PRNewswire/ -- LKA Gold Incorporated (OTCQB: LKAI) reports that certain of the Company's largest shareholders and insiders have agreed to convert their 7.5% convertible debentures, plus accrued interest, to LKA common stock at a price of $.20 per share. When originally issued, the debentures carried a conversion price of $.50 per share. All LKA debenture hol...Read More

Vedanta shuts protests-ridden copper smelter in India for 15 days

Mar. 27, 2018, 3:46 AM / Cecilia Jamasmie

Vedanta, the London-listed natural resources company controlled by one of India's richest men, said Tuesday it was shutting its copper smelting operations in the south of the country, for a 15-day planned maintenance.The halt, originally scheduled for April, comes amid local media reports of massive protests around the smelter and even in front of the home of Vedanta's chief executive Anil Agarwal...Read More

Canadian Mining Firm Settles U.S. Bribery Case

Tue Mar 27 03:08:02 2018 / Staff reporter

Canadian gold-mining firm Kinross Gold Corp. settled with U.S. authorities over a probe into potential violations of the Foreign Corrupt Practices Act in its West African mining operations.Read full newsRead More

HIVE Blockchain Acquires Kolos Norway AS; Agree to Build Major Blockchain Data Centre

Tue Mar 27 00:02:54 2018 / Staff reporter

64-hectare property in Ballangen, Norway offers excellent access to renewable hydroelectricityThe Kolos property is located in a natural corridor surrounded by mountainous terrain and water, providing a physical security barrier for the proposed data centre and natural cooling of computing equipm...Read full newsRead More

Diamond & Specialty Minerals Summary for March 26, 2018

March 27, 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 Monday was a weak 73-100-117. The TSX Venture Exchange fell one point to 816 while polished diamond prices edged lower. Dr. Leon Daniels's Pangolin Diamonds Corp. (PAN) gained one cent to six cen...Read More

Gold Summary for March 26, 2018

March 27, 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 $6.60 to $1,353.40 on Monday. The TSX Venture Exchange fell 1.26 points to 816.54 while the TSX Gold Index rose 2.63 points to 190.34. Agnico Eagle Mines Ltd. (AEM) led Canadian gold miners higher today, addin...Read More

Shell Summary for March 26, 2018

March 27, 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 1.26 points to 816.54 Monday. David Patterson and Colin Watt have listed their seventh capital pool shell, Two Owls Ventures Corp.(OWL), with a $400,000 initial public offering at 10 cents. The stock opene...Read More

SEC fines Kinross, cites corruption violations

March 27, 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 CaswellThe U.S. Securities and Exchange Commission has fined Kinross Gold Corp. $950,000 for violations of the Foreign Corrupt Practices Act. (All figures are in U.S. dollars.) The SEC cites payments, some in cash, to individuals linked to governments in Mau...Read More

SEC defendant Khan drops VGTel appeal

March 27, 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 CaswellAbida Khan, a California investment adviser serving four years in jail for her part in a scheme run by Vancouver-linked fraudster Ed Durante, has suddenly dropped her appeal. A jury previously convicted her for placing clients of her advisory firm int...Read More

Commentary: Fifty years of 'free' gold

Mar 27 2018 / Staff reporter

It is difficult to say when the 'free' gold market came into existence, since there always has been one. Yes, the gold price has been set and fixed by governments for long periods of time throughout history, as part of various types of gold standards. However, gold prices always have fluctuated around those official prices.Setting such nuances aside, the modern gold market was born 50 years ago th...Read More

Diamonds and sapphires allow masers to operate continuously

Mar 27 2018 / Valentina Ruiz Leotaud

Scientists from Imperial College London and UCL used a synthetic diamond grown in a nitrogen-rich atmosphere to create a new maser that operates continuously.A maser (microwave amplification by stimulated emission of radiation) is the older, microwave frequency sibling of the laser. It was invented in 1954 and has traditionally been used in deep space communication and radio astronomy.However, ear...Read More

Oreninc Index falls as deals dry up again, March 23, 2018

Mar 27, 2018 / MiningFeeds

The Oreninc Index fell in the week ending March 23rd, 2018 to 26.70 from an updated 52.33 a week ago as financings once again dried to a trickle.The week was full of news that was generally positive for gold led by the US Federal Reserve's latest monetary policy decision that confirmed the long-expected interest rate increase, but more importantly, the Fed indicated that it will only make three ra...Read More

First Quantum Minerals Ltd., Barrick Gold Corp., and the Africa Investment Challenge

March 27, 2018 / Brian Paradza

The recent one-day 12% drop in First Quantum Minerals Limited (TSX:FM) stock on March 20 after announcing a serious dispute with Zambian tax authorities has some stark resemblance to the predicament of Barrick Gold Corp.'s (TSX:ABX)(NYSE:ABX) subsidiary, Acacia Mining Inc., in Tanzania last year, and investors may have something to learn from these isolated events.First Quantum was slapped with...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok