Mining Articles

PowerHouse Energy signs new deal with Wrightbus Ltd

12:25 21 Feb 2018 / Andrew Scott

Keith Allaun, chairman at the waste-to-Energy specialist PowerHouse Energy Group Plc (LON:PHE), talks Proactive's Andrew Scott through their deal with Wrightbus Ltd, a company that builds innovative hydrogen powered buses.The memorandum of understanding is expected to lead to a definitive deal for a venture with Powerhouse supplying its Distributed Modular Gasification (DMG) system and Wrightbus s...Read More

A 'thrilling' year ahead for Faron Pharmaceuticals with Phase III Traumakine results in Q2

12:14 21 Feb 2018 / Andrew Scott

Markku Jalkanen, chief executive at Faron Pharmaceuticals Oy (LON:FARN), caught up with Proactive following their ?15mln funding aimed at accelerating the development of its two lead products.Jalkanen says the funds will allow them to prepare the way to market for Traumakine, a treatment for Acute Respiratory Distress Syndrome (ARDS).Results from a phase III trial (INTEREST) are expected early in...Read More

Weir Minerals launches Multiflo RF dewatering pump

Feb. 21, 2018, 10:47 AM / Weir Minerals

Weir Minerals announced the expansion of its extensive dewatering solutions portfolio with the global launch of the Multiflo (R) RF dewatering pump unit. The new Multiflo (R) RF range sets the benchmark for dewatering pump units, expertly engineered in a compact package, offering customers a light and flexible solution.Peter Smit, Product Manager for Weir Minerals Dewatering, explains: "We devel...Read More

Hochschild says Peru mine to bolster output this year

Feb. 21, 2018, 10:46 AM / Reuters

Feb 21 (Reuters) - Hochschild Mining Plc expects production to grow slightly this year as it ramps up output at the Pablo vein at its Pallancata mine in Peru, the precious metals miner said on Wednesday.The company, which also operates in Argentina and Chile, has been spending on brownfield exploration and discovered high-grade resources adjacent to the main Pablo vein in Pallancata.Hochschild sai...Read More

Tlou Energy 'in a great position' after significant increase in Botswana gas reserves

10:19 21 Feb 2018 / Andrew Scott

Tony Gilby, managing director of Tlou Energy Limited (LON:TLOU), discusses with Proactive's Andrew Scott their huge increase in reserves at the Lesedi and Mamba coal bed methane projects in Botswana.Proved and probable reserves (2P) jumped 944% to 40.8 billion cubic feet (BCF) 3.9 from BCF, while the less certain 3P category rose by 63% to 426.6BCF from 261.1BCF.  Meet Medusa Mining, Cora Gol...Read More

Haywood has slapped a buy rating on Troilus Gold for its brownfield Val d'Or prospect |

Wed Feb 21 08:54:36 2018 / Staff reporter

Investment bank gives brownfield copper-gold developer buy ratingRead full newsRead More

An Interview with Andriyko Herchak - CEO & President of FinCanna Capital Corp.

February 21, 2018 08:39:08 / Staff reporter

Andriyko Herchak, CEO of FinCanna Capital Corp. (CSE:CALI), was recently interviewed by Mark Bunting, Media Publisher of Capital Ideas Research to learn more about FinCanna, their royalty model and portfolio.See below for an snippet of the interview as well as a link to the video.Mark Bunting:We know that in the U.S., cannabis is still illegal federally, but on a state by state basis, it's legal...Read More

Rainbow Rare Earths focused on upping production at Gakara mine in Burundi

08:33 21 Feb 2018 / Andrew Scott

Martin Eales, chief executive of Rainbow Rare Earths Limited (LON:RBW), tells Proactive they're expecting to commission the new processing plant at the Gakara mine later this month, after which the scale of mining should pick up sharply.He says the the plant is now running as designed and final adjustments have been completed.  Meet Medusa Mining, Cora Gold, Group Eleven Resources Ltd., Harve...Read More

Adamera Minerals president issues shareholders\' letter

2018-02-21 08:17 / Mr. Mark Kolebaba reports

Mr. Mark Kolebaba reportsADAMERA MINERALS 2017 PRESIDENT'S LETTERIn conjunction with the annual general meeting ofAdamera Minerals Corp.on Thursday, Feb. 22, 2018, Mark Kolebaba, president and chief executive officer, has issued a president's letter to the shareholders detailing corporate and exploration activities in 2017. A technical overview of the projects will be presented at the meeting. The...Read More

Collagen Solutions applies for European approval after successful ChondroMimetic study

08:06 21 Feb 2018 / Andrew Scott

Jamal Rushdy, chief executive of Collagen Solutions PLC (LON:COS), discusses with Proactive the successful results from an eight-year extension clinical study of patients who received ChondroMimetic (R) implants for the repair of cartilage defects in the knee.Rushdy says the positive results have now allowed them to submit an initial submission for a CE Mark.  Meet Medusa Mining, Cora Gold, G...Read More

California Gold drills 28.4 m of 1.22 g/t Au at Fremont

2018-02-21 07:26 / Mr. Vishal Gupta reports

Mr. Vishal Gupta reportsCALIFORNIA GOLD ANNOUNCES CONTINUED POSITIVE ASSAYS FROM RESOURCE DRILLING AT QUEEN SPECIMEN ZONE - INTERSECTS 28.4 M OF 1.22 G/T AU, INCLUDING 6.3 M OF 2.66 G/T AU AT ITS FREMONT GOLD PROJECTCalifornia Gold Mining Inc. has released the second set of assay results from the recently commenced resource drilling program at the Queen Specimen zone at its flagship Fremont projec...Read More

Avino Silver releases NI 43-101 estimate for Avino

2018-02-21 07:26 / Mr. David Wolfin reports

Mr. David Wolfin reportsAVINO ANNOUNCES AN UPDATED MINERAL RESOURCE ESTIMATE AT THE AVINO PROPERTYAvino Silver & Gold Mines Ltd. has completed an updated mineral resource estimate for the company's Avino property located near Durango in west-central Mexico. The updated estimate encompasses the property's San Gonzalo mine, the Avino mine vein systems and the property's oxide tailings. The miner...Read More

Kirkland Lake\'s 2017 earnings rise to $132.42M (U.S.)

2018-02-21 07:00 / Mr. Anthony Makuch reports

Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD REPORTS STRONG FULL-YEAR AND Q4 2017 EARNINGS AND CASH FLOWKirkland Lake Gold Ltd. has released its financial and operating results for the full year and fourth quarter of 2017. The company's full financial statements and management discussion and analysis are available on SEDAR and on the company's website. All dollar amounts in this news release are e...Read More

Apple in talks to buy cobalt directly from miners - report

Feb. 21, 2018, 5:48 AM / Cecilia Jamasmie

Tech giant Apple Inc (NASDAQ: AAPL) is said to be in talks to buy long-term supplies of cobalt directly from miners as a way to ensure sufficient supply of the metal, an essential ingredient in the batteries that power its iPhone.Citing anonymous sources, Bloomberg reports that the company is trying to secure contracts for several thousand tonnes of cobalt for five years or longer.Electronics and...Read More

AUDIO - Peter Schiff @Peterschiff on the US dollar and Gold ... very good stuff

Wed Feb 21 05:31:15 2018 / Peter Schiff

Peter Schiff on the US dollar and Gold Read full newsRead More

Miners rich in cash are aiming for fat dividends, debt payments

Feb. 21, 2018, 4:35 AM / Bloomberg News

The mining industry is awash with cash, and so far it's got two main uses - pay down debt and reward investors.Three of the big four London-listed miners have released earnings this month, and it's clear the companies are doing what shareholders have demanded of them. Glencore Plc, which traditionally favored stuffing its war chest over rewarding shareholders, surprised the market with a $2.9 bill...Read More

CANADA STOCKS-TSX dips as gold mining shares slide

Wed Feb 21 02:38:16 2018 / Staff reporter

Canada's main stock index dipped on Tuesday as a drop in the shares of gold mining companies offset gains for the energy group.Read full newsRead More

Gold Mine with Good Prospects in Cuban Camag? 1/4 ey Province

Wed Feb 21 02:38:13 2018 / Staff reporter

Camag? 1/4 ey, Feb 20 (Prensa Latina) The mines Chrome Camag? 1/4 ey, Gold Jacinto and Golden Hill are today vital fields in the exploitation of minerals rich in silver and gold, under the management of Enterprise Geominera Camag? 1/4 ey, in this central-eastern Cuban region.Read full newsRead More

Evrim signs LOI with Coeur Mining, Inc. to option Sarape gold-silver project

Wed Feb 21 02:38:11 2018 / Staff reporter

VANCOUVER British Columbia, Feb. 20, 2018-- Evrim Resources Corp. is pleased to announce that it has signed a Letter of Intent with a subsidiary of Coeur Mining, Inc. on the Company' s Sarape epithermal ...Read full newsRead More

Prize Mining Intersects High Grade Gold Mineralization at the Toughnut Property in Southeastern British Columbia

Wed Feb 21 02:38:10 2018 / Staff reporter

CALGARY, Feb. 20, 2018 /CNW/ - PRIZE MINING CORPORATION ('Prize' or the 'Company') (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce it ha...Read full newsRead More

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