Mining Articles

All WideCells divisions to start generating revenues after UK regulator approval

14:43 27 Feb 2018 / Andrew Scott

Jo??o Andrade, chief executive of WideCells Group PLC (LON:WDC), tells Proactive's Andrew Scott they've taken a significant step today towards becoming an end-to-end stem cell service company.The group's been granted a licence by the UK's Human Tissue Authority, which allows them to import, export, process, store and distribute for treatment umbilical cord blood and tissue.What in practice this of...Read More

Nakama says expected recovery in trading has not materialised

14:38 27 Feb 2018 / John Harrington

Nakama Group plc's (LON:NAK) shares tumbled after the recruitment firm issued a profit warning.When it released its interims at the end of November, the board had expected an improvement in trading in the second half of the year; that improvement has not materialised and the business has continued to make a loss in Australia, Singapore and London.With a new chief executive and non-executive chairm...Read More

PreveCeutical seeing significant hospital interest for breakthrough Cannabidiol treatment

14:20 27 Feb 2018 / Andrew Scott

Stephen Van Deventer, chairman and CEO of PreveCeutical Medical Inc (CSE: PREV, OTCQB: PRVCF) and chief research officer Dr Harry Parekh discuss with Proactive the health sciences specialist's four exciting programmes.Their most advanced is centred around Cannabidiol (CBD) - a non-psychoactive compound found in the cannabis plant and is now widely used to treat chronic pain, multiple sclerosis and...Read More

The Graphene Flagship determined to commercialize material that "solves all problems"

14:10 27 Feb 2018 / Christine Corrado

The Graphene Flagship Head of Innovation Kari Hjelt tells Proactive Investors at the Graphene for U.S. 2018 Conference in New York that they are looking to commercialize the material that "solves all of the problems in the world."Hjelt says the ?,?1 bln European research program is seeking companies and investors to commercialize and create the whole ecosystem on graphene.  Meet Scancell Hold...Read More

Pembridge Resources keen to advance exploration and unlock potential at Minto

14:06 27 Feb 2018 / Andrew Scott

David Linsley and Thomas Horton from Pembridge Resources plc (LON:PERE) update Proactive on the latest since their decision earlier this month to acquire Yukon-based Minto Explorations.In 2017, the open pit mine produced 16,332 tonnes of copper, 170,809 ounces of silver and 25,205 ounces of gold.This year, vendor Capstone Mining has forecast 19,000 tonnes of copper at a cash cost of US$2.35 to US$...Read More

One Media iP 'carving a new niche' and pursuing big opportunities in publishing

14:00 27 Feb 2018 / Andrew Scott

Michael Infante, chairman and chief executive of the music streaming specialist One Media IP Group Plc (LON:OMIP), tells Proactive's Andrew Scott they more than doubled underlying profits in the latest full year as the trend for downstream music gathered pace.Revenues rose by 14% to ?2.33mln, while underlying profit [EBITDA] jumped 121% to ?536,000.The group's copyright and content search tool T...Read More

Scotland to have its first commercial gold mine

Feb. 27, 2018, 1:54 PM / Cecilia Jamasmie

Scotland will soon have its first commercial gold and silver mine after authorities unanimously approved Tuesday Scotgold Resources' (LON: SGZ) application for the development of its Cononish project.The asset produced first gold in August 2016 following the launch of an ore processing trial, but after the approval by the Loch Lomond and the Trossachs National Park Authority, the plan is now to bu...Read More

Haydale targeting Japan's electronic printed inks market

12:31 27 Feb 2018 / Christine Corrado

Ray Gibbs, CEO of Haydale Graphene Industries PLC (LON: HAYD) tells Proactive Investors at the Graphene for U.S. Conference in New York, that America is trying to catch up with graphene commercialization, while the Asian graphene market pushes for the material.Haydale's Taiwan-based inks arm has agreed a deal to supply Japanese firm Graphene Platform (GPC), and will initially target Japan's electr...Read More

Agnico Eagle is reviewing cobalt assets after receiving interest

Feb. 27, 2018, 12:24 PM / Bloomberg News

(Bloomberg) - Agnico Eagle Mines Ltd. is dusting off cobalt assets in Ontario for potential sale as a global search for the rechargeable-battery ingredient expands amid surging demand.The gold producer is doing an analysis of its Canadian cobalt holdings after receiving five or six inquiries, Chief Executive Officer Sean Boyd said Monday in a Bloomberg TV interview at the annual BMO mining confe...Read More

Sage Gold identifies new vein systems at Clavos

2018-02-27 12:04 / Mr. Nigel Lees reports

Mr. Nigel Lees reportsSAGE IDENTIFIES NEW VEIN STRUCTURES AT CLAVOSSage Gold Inc. has identified new vein systems at the Clavos property. The company is currently updating its mineral resource estimate, adding several hundred historical and recent drill hole composites from the definition and exploration drilling completed over the past few years.The new resource modelling, which factors in a high...Read More

Veteran precious metals newsletter writer Brien Lundin reveals his next picks

Feb. 27, 2018, 10:30 AM / Streetwise Reports

Source: Streetwise Reports 02/27/2018With the price of gold staying firmly above $1,300/oz, Brien Lundin, editor of Gold Newsletter, discusses the state of the market and several top picks in an unlikely location.Tuvatu Project MapBrien Lundin, the well-respected editor of Gold Newsletter, is an industry veteran with over 30 years of experience. He began his career working with the visionary J...Read More

Maple Gold receives three permits at Douay

2018-02-27 08:18 / Mr. Matthew Hornor reports

Mr. Matthew Hornor reportsMAPLE GOLD RECEIVES PERMITS AND RAMPS UP DRILLING AT DOUAYMaple Gold Mines Ltd. has provided an update on the current drill campaign at the Douay gold project. Maple Gold has received three of the four requested permits and anticipates receiving its final permit very shortly. Two diamond core drills (DDH) are now testing infill and stepout holes and a third drill rig has...Read More

Osisko Mining drills 2.9 m of 71.9 g/t Au at Windfall

2018-02-27 08:05 / Mr. John Burzynski reports

Mr. John Burzynski reportsOSISKO INTERSECTS 71.9 G/T AU OVER 2.9 METRES AT LYNXOsisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban ownship, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and around...Read More

Fresnillo tanks as 2017 profit misses expectations, says costs to rise

Feb. 27, 2018, 7:50 AM / Cecilia Jamasmie

Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Tuesday after the company posted full year profit that missed expectations and anticipated higher costs.The miner, which is the world's largest primary silver producer and Mexico's second largest gold company, said that earnings before interest, tax, depreciation, and amortization increased by 2.7% to $1.06 billion in 2...Read More

South Korea's POSCO buys stake in Aussie lithium producer, signs supply deal

Feb. 27, 2018, 5:13 AM / Cecilia Jamasmie

POSCO, South Korea's largest steel producer, has inked a deal to buy up to 240,000 tonnes of lithium concentrate per year from Australia's Pilbara Minerals (ASX:PLS), securing this way a constant supply of the key material used in the making of electric vehicle batteries.As part of the agreement, the Australian unit of POSCO will pay A$79.6 million (about $62.5 million) for a 4.8% stake in Pilbara...Read More

Pure Gold Mining : Intersects 26.4 g/t Gold Over 12.7 Metres at Madsen

Tue Feb 27 04:35:59 2018 / Staff reporter

Pure Gold Mining Inc. is pleased to announce that underground drilling continues to confirm mineralization within the mineral resource and expand the mineralized zones at its 100% owned Madsen Gold... | f?vrier 14,2018Read full newsRead More

Mining for asteroids will be the next gold rush

Tue Feb 27 02:58:14 2018 / Staff reporter

Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More

Eastmain Files Technical Report for Eastmain Mine Gold Deposit Mineral Resource; Looks to Exploration in 2018

Tue Feb 27 02:58:12 2018 / Staff reporter

TORONTO, Feb.26, 2018(GLOBE NEWSWIRE) -- Eastmain Resources Inc. ("Eastmain" or the "Company") (TSX:ER) (OTCQX:EANRF), announces the Company has filed t...Read full newsRead More

BRIEF-Newcrest Mining To Acquire A Total Of 57.7 Mln Common Shares In Lundin Gold

Tue Feb 27 02:58:10 2018 / Staff reporter

Newcrest Mining Ltd:Read full newsRead More

Australia's Newcrest Mining buys stake in Canada's Lundin Gold for $250 million

Tue Feb 27 02:58:08 2018 / Staff reporter

Newcrest Mining Ltd said on Monday it had invested $250 million to buy a 27.1 percent stake in Canadian miner Lundin Gold Inc as the gold major ramps up its exposure to Ecuador to secure growth.The stake is part of a $400 million equity raising by Lundin Gold to fund development of its Fruta del NorteRead full newsRead More

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