Mining Articles

Labour groups file OECD complaint against BHP and Vale over dam-burst disaster

Mar. 26, 2018, 6:30 PM / Valentina Ruiz Leotaud

Geneva-based IndustriALL, a global union federation that says it represents more than 50 million workers in 140 countries, joined forces with Building and Wood Workers' International to file a complaint against BHP Billiton (NYSE:BHP) and Vale (NYSE:VALE) under the Organisation for Economic Co-operation and Development's Guidelines for Multinational Enterprises. In a press release, the signatories...Read More

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

Mon Mar 26 18:28:54 2018 / Staff reporter

Although major markets saw some significant losses on Friday, Monday morning was a breath of fresh air as the indexes made their way back to green.Read full newsRead More

Shrinking platinum sector adds to Ramaphosa's economy challenge

Mon Mar 26 18:28:32 2018 / Bloomberg Markets

"Ramaphoria" boosted the rand and revived investor sentiment on South Africa. But deep underground in the country's platinum mines, there's very little cause for optimism.Read full newsRead More

Fortescue cuts iron ore price outlook as Chinese production slowdown, trade tensions weigh

Mar. 26, 2018, 6:24 PM / Reuters

Australia's Fortescue Metals Group cut its price guidance for iron ore sales for the year to end-June 2018, citing subdued construction activity in China, some ongoing steel production restrictions and global trade worries.Fortescue amended its guidance to around 65 per cent of the average benchmark Platts 62 CFR index, due to a slower than anticipated recovery in contractual realisations.It said...Read More

Canadian miner allowed to operate in Sweden

Mar. 26, 2018, 6:16 PM / Valentina Ruiz Leotaud

Canada-based Gungnir Resources (TSX-V: GUG) announced that authorities have approved a permit application to start drilling on its Knaften gold project, located in the Vasterbotten district of northern Sweden.According to the miner's website, Knaften covers Au in boulders and outcrop, as well as drill-indicated Au mineralization along a developing 10+ km long geochemical-magnetics trend in the Kna...Read More

FTSE 100closes in red as pound firms but miners add support

17:45 26 Mar 2018 / Jon Hopkins

FTSE 100 closes down 33 ptsSterling strengthensFresnillo, Rangold lifted by Goldman upgrades  FTSE 100 closed in the red as the pound strengthened sending big cap shares lower but resource stocks gave support.The UK blue-chip index closed over 33 points lower, or 0.48% at 6,888.The FTSE 250 was also down - over 132 points at 19,187.Meanwhile, in the currency markets, sterling added 0.01%...Read More

#Gold-focused #mining stocks took took the lead last week on the #TSXV:

Mon Mar 26 17:34:05 2018 / Staff reporter

Last week's top-gaining mining stocks on the TSXV were Colonial Coal, Mineral Mountain Resources, Sarama Resources, NuLegacy Gold and Evrim Resources.Read full newsRead More

Which #TSX-listed #mining stocks rose the most last week? Corvus Gold was in first place:

Mon Mar 26 17:18:02 2018 / Staff reporter

Last week's other top-gaining mining stocks on the TSX were First Mining Gold, eCobalt Solutions, Mawson Resources and Royal Nickel.Read full newsRead More

Australia's Newcrest to recommence mining at flagship Cadia mine

Mar. 26, 2018, 4:36 PM / Reuters

Newcrest Mining, Australia's largest independent gold miner, said it will recommence mining operations at its flagship Cadia mine which was closed following damages to a tailings dam wall.Mining operations will restart at Cadia East, in accordance with predefined test and response program, the company said in a statement."Mining will initially be from Panel Cave 1 and then progressively recommence...Read More

Diamonds and sapphires allow masers to operate continuously

Mar. 26, 2018, 4:28 PM / 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

Stratex gets formal approval for IAMGOLD Corp subsidiary joint venture

16:20 26 Mar 2018 / Andrew Scott

Tim Livesey, chief executive of Stratex International plc (LON:STI), tells Proactive they've received approval from the Senegalese government regarding the Dalafin gold project.The approval relates to its Option Agreement with AGEM Senegal Exploration Suarl (AGEM), a subsidiary of IAMGOLD Corp (IAMGOLD).With the approval now in the bag, Livesey says they can begin fast-tracking exploration at the...Read More

Milestone Group jumps as digital media company enters blockchain joint venture agreement

16:05 26 Mar 2018 / Calum Muirhead

Milestone Group PLC (LON:MSG) saw its share jump 14.3% higher to 0.16p in late afternoon trading as the digital media company entered a blockchain joint venture agreement.Milestone said the joint venture with Martin Heath, founder and chief executive of Seed Media Ltd, will trade under the name Trust In Media Ltd and will "produce payment processing, copyright and intellectual property solutions,...Read More

Vast Resources sees significant increase to resource at Manaila

15:58 26 Mar 2018 / Andrew Scott

Vast Resources has boosted the resource at its 100%-owned Manaila mine by 78% to 4.6mln tonnes of ore grading 0.97% copper, 0.32% lead, 0.68%zinc, 25.8 grams per tonne silver, and 0.23% gold.Chief executive Andrew Prelea says, as promised, the updated resource has been delivered before the end of March ... ''which is basically ten times greater in indicated than the initial pit acquisition''.''We'...Read More

360 Blockchain Inc launching crypto hedging program

15:42 26 Mar 2018 / Christine Corrado

360 Blockchain Inc (CSE:CODE, OTCMKTS:BKLLF) CEO Jeff Koyen tells Proactive Investors one of their holdings, SV Crypto Lab is launching a hedging program that makes use of processes to hedge against the ups and downs in cryptocurrency prices to maintain their revenue streams.Koyen says this was the first phase to lay the foundation of how the company will make use of financial products and other t...Read More

We're bullish on gold for the first time in five years, Goldman Sachs analysts say

Mon Mar 26 15:20:32 2018 / Staff reporter

Goldman Sachs is expecting gold toRead full newsRead More

The Marketing Group 'putting its foot down' and eyeing growth in 2018

14:59 26 Mar 2018 / Andrew Scott

Adam Graham, chief executive of The Marketing Group PLC (NASDAQ OMX:TMG), caught up with Proactive's Andrew Scott following the release of the group's 2017 results.Graham describes the period as a 'turnaround year' for them and adds that the time has now come 'to change gear.'  Meet ANGLE plc, Faron Pharmaceuticals Ltd, Alliance Pharma plc, Clinigen Group PLC and Avacta Group Plc at our event...Read More

ReNeuron's Michael Hunt updates on product development

14:55 26 Mar 2018 / Andrew Scott

Michael Hunt, CFO at ReNeuron Group Plc (LON:RENE) chats to Proactive to update on the cell-based therapeutics specialist's research and development programmes.Hunt says they're to increase the number of clinical sites in their PISCES III study from 25 to 40.PISCES III is a phase IIb clinical study in the US of ReNeuron's CTX cell therapy candidate for stroke disability.First patient dosing in the...Read More

RT @jacquelinemh85: As @sagegoldinc ramps up production, @hallgartenco has kept its 'long' rating

Mon Mar 26 13:47:58 2018 / Jacqueline Holman

Toronto gold miner back on the ramp up trailRead full newsRead More

WideCells secures deal with international stem cell storage giant

13:17 26 Mar 2018 / Andrew Scott

WideCells Group PLC (LON:WDC) achieves the key strategic milestone of an agreement with one of the world's largest stem cell banks, Cryoviva, which operates in Thailand, Singapore and India.Chief Executive Joao Andrade outlines the current and growing potential for WideCells' stem cell insurance product, CellPlan, which should produce staged revenue increases from the second half of 2018. The...Read More

TrustedHealth launches ICO to give patients access to the 'best medical care'

13:16 26 Mar 2018 / Andrew Scott

Lukasz Rzeczkowski discusses with Proactive's Andrew Scott the strategy and growth plans for Trustedoctor and TrustedHealth_io as well as the upcoming ICO (initial coin offering).''TrustedHealth is an ecosystem in specialised medicine engineered on Blockchain'',  Rzeczkowski says.Trustedoctor meanwhile provides patients with a choice and a direct link to specialists that match their specific...Read More

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