Mining Articles

#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

Shefa Yamim happy with bulk sample results from Kishon Mid-Reach

11:16 21 Mar 2018 / Andrew Scott

Vered Toledo, chief operating officer of Shefa Yamim (ATM) (LON:SEFA), talks to Proactive about the ongoing bulk sampling at Kishon Mid-Reach in Israel, where the unique Carmel sapphire has been prevalent so far.Fourteen samples have been taken from zone 1 at the alluvial deposit, of which two are left to be processed, she said.Once that is done, the company will process samples from zone 2.Toledo...Read More

How Quadron Cannatech is Riding the Cannabis Extraction Wave

March 21, 2018 10:21:31 / Carrie Pallardy

Rosy Mondin, CEO of Quadron Cannatech Corporation (CSE:QCC) was recently featured in an exclusive interview by New Cannabis Ventures for readers to learn more about Quadron Cannatech, its current subsidiaries and future milestones for 2018.See below for excerpt and link to the article.In addition to its subsidiaries, Quadron is forming strategic partnerships with other companies in the industr...Read More

Royal Road Minerals CEO says 'exciting' finds made at Golden Triangle Project in Nicaragua

10:00 21 Mar 2018 / Christine Corrado

Royal Road Minerals (CVE:RVR) CEO Tim Coughlin tells Proactive Investors that the company's most intense exploration activity right now is at its Golden Triangle Project in Nicaragua, where he says some "pretty exciting" discoveries have led the focus away from vein-style mineralization and on to what he says may be the source of those veins.Coughlin also says Royal Road will focus its drill atten...Read More

Triumph Gold sends crew to Freegold Mtn for drilling

2018-03-21 09:21 / Mr. John Anderson reports

Mr. John Anderson reports TRIUMPH GOLD MOBILIZES CREW FOR PHASE 1 DRILLING ON FREEGOLD MOUNTAIN PROJECT, YTTriumph Gold Corp. has dispatched a field crew 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 press release No.17-13). Porphyry related mineralization was first discovered in the Keirste...Read More

Personal Group hitting some of its best productivity numbers after strong 2017

08:58 21 Mar 2018 / Andrew Scott

Mark Scanlon, chief executive of Personal Group Holdings plc (LON:PGH), caught up with Proactive to discuss their preliminary results for the year to the end of December 2017.2017's been described as a 'strong' year across much of the Group's operations with underlying earnings (EBITDA) of ?10.8m - a touch ahead of market expectations.Looking ahead Scanlon says the key for them this year will be...Read More

First Quantum dodges catastrophe as CEO moves to dispute tax bill

Mar. 21, 2018, 8:56 AM / Cecilia Jamasmie

Shares in Canada's First Quantum Minerals (TSX:FM) rebounded slightly on Wednesday, dodging what was about to become their worst two-day drop in almost two years after its chief executive said he was ready to dispute a $7.9 billion bill for alleged unpaid import duties in Zambia.Talking to investors and media during a call conference, Philip Pascall said his company refuted the charge and would wo...Read More

BOLT restructuring propels Columbus Energy into a 'different league'

08:01 21 Mar 2018 / Andrew Scott

Leo Koot, executive chairman of Columbus Energy PLC (LON:CERP), discusses with Proactive the restructuring of the Beach Oilfield Limited (BOLT) transaction in the South West Peninsula of Trinidad.''Up until now we've been focused on Goudron and Goudron production ... this deal gives us the opportunity to allow Goudron to do what it does ... but the big growth is in this deal in the South West Peni...Read More

Fura Gems kicks off initial production at iconic Coscuez emerald mine

Mar. 21, 2018, 6:17 AM / Cecilia Jamasmie

Canada-listed Fura Gems (TSX-V:FUR), a new gemstone mining and marketing company headed by the former COO of Gemfields (LON:GEM), has kicked off initial production at its Coscuez emerald mine in Colombia.The early output of 1,720 carats of emeralds, including 826 carats of top quality ones, was achieved through a bulk-sampling program carried out within eight weeks of the completing the acquisiti...Read More

Indonesia's Inalum expects to line up Freeport sale bank financing soon

Mar. 21, 2018, 6:02 AM / Reuters

Indonesia's state mining holding company, PT Inalum, expects to reach an agreement soon on bank financing to buy a controlling stake in the local unit of Freeport McMoran Inc, the holding company's chief executive said on Wednesday.Indonesia and Freeport have agreed in principle that the U.S. miner would divest 51 percent of its local unit with funding provided by Inalum for the purchase of the ri...Read More

British Columbia allows sand mine on Indigenous land

Mar. 21, 2018, 5:30 AM / Valentina Ruiz Leotaud

British Columbia's ministries of environment and energy have issued an environmental assessment certificate to BURNCO Rock Products' 70-hectare sand, gravel and rock mine, located on the northwest shore of Howe Sound.Known as the BURNCO project, the mine sits approximately 22 kilometres southwest of Squamish and on the traditional territories of the Squamish Nation, Tsleil Waututh Nation, and Musq...Read More

Gold mining company kicks off voc-ed center for Cripple Creek-Victor students

Wed Mar 21 03:56:09 2018 / Staff reporter

A gold mining company is donating $275,000 to help build a vocational and technical education center for Cripple Creek-Victor School District RE-1.Read full newsRead More

Dynasty Gold Congratulates Hecla Mining on Acquisition of Klondex Gold Mines in the Midas Gold Camp, Nevada

Wed Mar 21 03:56:06 2018 / Staff reporter

Dynasty Gold Congratulates Hecla Mining on Acquisition of Klondex Gold Mines in the Midas Gold Camp, NevadaVancouver, British Columbia (FSCwire) - Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) (Read full newsRead More

4 Gold Mining Turnarounds

Wed Mar 21 03:56:04 2018 / Staff reporter

We recognize that we can’t predict the price of gold. Rather, we view gold mining companies the same way we look at any extractive industry:Read full newsRead More

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