Mining Articles

Will #China's New #Oil Futures Flop? | Zero Hedge

Wed Mar 21 15:49:28 2018 / Staff reporter

Beijing has decided to increase the cost of oil storage to discourage pure-play speculators from flooding in the market and unleashing price volatility that could spell doom for the brand-new contracts...Read full newsRead More

Modern Water shares slide on profit warning amid Chinese revenue shortfalls

15:15 21 Mar 2018 / Calum Muirhead

Shares in Modern Water PLC (LON:MWG) slid 9% in mid-afternoon trading to 9.7p after the water treatment company said it expected revenue and operating profits for the year to be below market expectations.The company said the expected underperformance was primarily due to a shortfall in anticipated revenue from its monitoring division in China as the result of a 2017 change of its product sale...Read More

Eden Research PLC keen to add US to list of markets for natural fungicide

15:08 21 Mar 2018 / Andrew Scott

Sean Smith, chief executive of Eden Research PLC, explains the technology behind its range of naturally-derived pesticides and why winegrowers in France, Spain and Italy are giving rave reviews to Mevalone, its grape fungicide.Work is already underway to get approval in the US as well as Australia New Zealand and South Africa, he says.Another product, Cedroz meanwhile is under development to...Read More

Algold Appoints Benoit La Salle as Chief Executive Officer

Wed Mar 21 14:48:33 2018 / Algold Resources

ALGOLD RESOURCES LTD.(TSXV:ALG) ("Algold" or the "Corporation") is pleased to announce the appointment of Benoit La Salle as Chief Executive Officer. Mr. La Salle will continue to serve as Chairman of the Board of Algold, a position that he has occupied since early 2013.Read full newsRead More

WTI/RBOB Extend Gains After 'Surprise' #Crude Draw; Production New Record High | Zero Hedge

Wed Mar 21 14:42:47 2018 / Staff reporter

WTI/RBOB extended yesterday's gains this morning, after bullish API data, and continued higher after DOE data confirmed the surprise crude build and decent sized product draws. Production rose to a new record high.Read full newsRead More

Renforth Resumes Drilling at Parbec, Geophysics Completed at New Alger, West Malartic

Wed Mar 21 14:41:32 2018 / Staff reporter

Renforth Resources Inc. (CSE - RFR) ("Renforth" or the "Company") is pleased to announce that ongoing definition drilling has resumed on our Parbec resource property, located on the Cadillac Break, tied on to the Canadian Malartic Mine in Malartic, Quebec.Read full newsRead More

RT @Wealthminerals: $WMLLF $WML.V The Lithium Sector Surge Is Poised to Ignite a Deals Bonanza

Wed Mar 21 14:36:15 2018 / Wealth Minerals Ltd.

The tripling in lithium prices over three years is poised to fuel a multi-billion dollar rush of deals as major players jostle for dominance to supply the metal needed for the electric vehicle battery revolution.Read full newsRead More

#Paulson Returns Investor Money In #Gold, #Credit, Special Situation Funds | Zero Hedge

Wed Mar 21 14:23:27 2018 / Staff reporter

John Paulson's hedge fund, which a little less than a decade ago was the most desired place for buyside employment on Wall Street, is imploding.Read full newsRead More

Triumph Gold Mobilizes Crew for Phase 1 Drilling on Freegold Mountain Project, YT

Wed Mar 21 14:10:19 2018 / Staff reporter

Triumph Gold Corp.,(TSXV:TIG, OTCQB:TIGCF) ('Triumph Gold' or the 'Company') is pleased to announce that a field crew has been dispatched to the Freegold Mountain property to execute a 1,900 metre diamond drill program targeting the newly discovered porphyry system in the Keirsten Zone (see PR # 17-13).Read full newsRead More

Velocity Receives Positive Metallurgical Results at Rozino Gold Project, Southeast Bulgaria

Wed Mar 21 13:54:18 2018 / Staff reporter

Velocity Minerals Ltd. (TSXV:VLC) ("Velocity" or the "Company") reports results of bottle roll and stirred leach tests carried out on various grades of mineralized samples from the Rozino gold project ("Rozino"), located in southeast Bulgaria.The test results show gold recoveries up to 92.9%.Test work was completed for Velocity by Wardell Armstrong.Read full newsRead More

BTU Contracts Aurum to Drill Galway Gold Project, Ireland

Wed Mar 21 13:39:04 2018 / Staff reporter

BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) reports that Aurum Exploration Services has been contracted to manage the upcoming drill program at the Lee Property located in Galway, Ireland.Read full newsRead More

#NSA Has Been Tracking Bitcoin Users Since 2013, New #Snowden Documents Reveal | Zero Hedge

Wed Mar 21 13:13:20 2018 / Staff reporter

Civil libertarians and security researchers have long been concerned that otherwise inadmissible intelligence from the agency is used to build cases against Americans though a process known asRead full newsRead More

#Loonie, #Peso Surge On Report US Drops NAFTA Demand For Auto Imports | Zero Hedge

Wed Mar 21 13:08:57 2018 / Staff reporter

The Canadian Loonie and Mexican Peso jumped late on Tuesday after a report by the Globe and Mail that the U.S. government has dropped a demand that all vehicles made in Canada and Mexico for export to the United States contain at least 50% U.S. content.Read full newsRead More

#Sweden Unveils Plans For 'Total Societal Mobilization' Against #Russia | Zero Hedge

Wed Mar 21 13:08:03 2018 / Staff reporter

New Cold War fears grow, and so do those defense budgets.Read full newsRead More

#DeutscheBank Plunges To 16-Month Lows, Bank #Credit Risk Spikes | Zero Hedge

Wed Mar 21 13:06:41 2018 / Staff reporter

Deutsche Bank shares are down 6%, at their lowest since Nov 2016 (near post-crisis lows), after warning that euro strength and higher funding costs will weigh on revenue in the securities unit this quarter (just a week after the lender voiced optimism about the outlook for the year).Read full newsRead More

Global Energy Metals to buy district-scale cobalt projects in a "strategic" investment

13:00 21 Mar 2018 / Christine Corrado

Global Energy Metal (OTCMKTS:GBLEF) CEO Mitchell Smith says the firm has significantly increased its cobalt footprint in Australia as it unveiled a deal to buy the district scale Mt. Isa cobalt projects.Smith says the real importance of this is it opens the opportunity to create a scalable cobalt district in the Mt. Isa region.  Meet Wolf Minerals, Thor Mining PLC, Rainbow Rare Earths Limited...Read More

Zuck Made Him A Billionaire, Now WhatsApp Founder Urges Users To Delete #Facebook | Zero Hedge

Wed Mar 21 12:32:20 2018 / Staff reporter

Three years after Mark Zuckerberg made Brian Action a billionaire, by paying $22 billion for WhatsApp, the messaging app's co-founder has a clear message for the billions of social media drones worldwide - #deletefacebook.Read full newsRead More

#China Unveils How It Will Retaliate To US Tariffs, USDJPY Snaps | Zero Hedge

Wed Mar 21 12:32:14 2018 / Staff reporter

In response to Trump's trade wars, China is preparing to hit back with its own countertariff aimed at Trump's support base, including levies targeting U.S. agricultural exports from farmbelt states in retaliation to the mounting trade offensive from Washington.Read full newsRead More

Sareum Holdings PLC heartened by Sierra Oncology progress

12:11 21 Mar 2018 / Andrew Scott

Sareum Holdings Plc (LON:SAR) chief executive, Dr Tim Mitchell, talked to Proactive Investors' Andrew Scott about Sierra Oncology, which is the licence-holder for the Sareum-developed SRA737 cancer drug.Mitchell said he's heartened Sierra is more than doubling the size of two phase II clinical trials of the treatment (one underway, the other upcoming).He is also impressed by the methodology used b...Read More

Apollo Minerals to acquire 75% stake in Aurenere project in Spain

11:52 21 Mar 2018 / Andrew Scott

Apollo Minerals' (ASX:AON) Hugo Schumann talks Proactive Investors through the decision to acquire a 75% interest in the Aurenere tungsten-gold project in northern Spain.Schumann says the project's contiguous with their Couflens Project next door in France and provides an extension of strike along a highly prospective corridor for tungsten and gold.  Meet Wolf Minerals, Thor Mining PLC, Rainb...Read More

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