Mining Articles

Do NOT Miss This Profit Windfall... Again

February 16, 2018 / Keith Kohl

This is it, dear reader. The culmination of more than half a decade's worth of progress. If you haven't paid attention to the U.S. liquefied natural gas (LNG) story yet, please take the time to learn the backstory of one of the greatest energy booms in U.S. history.You may not realize that the real U.S. LNG story started way back in August of 2010, when a strange, bulky package arrived on the desk...Read More

4 Complaints About Gun Owners Debunked

February 16, 2018 / The Daily Bell Staff

When tragedy strikes it is understandable that people get emotional. But they often forget that the media knows how to pull the heartstrings for nefarious reasons. If a media campaign looks coordinated, it probably is. We should never let the emotions they trigger override our logic, and threaten our safety.And we shouldn’t let whole groups be punished for the crimes of individuals. Nothing...Read More

4 Complaints About Gun Owners Debunked

February 16, 2018 / The Daily Bell Staff

When tragedy strikes it is understandable that people get emotional. But they often forget that the media knows how to pull the heartstrings for nefarious reasons. If a media campaign looks coordinated, it probably is. We should never let the emotions they trigger override our logic, and threaten our safety.And we shouldn’t let whole groups be punished for the crimes of individuals. Nothing...Read More

Gold Seeker Closing Report: Gold and Silver End Higher In Mixed Trade

15 February, 2018 / Chris Mullen, Gold Seeker Report

CloseGain/LossGold $1353.40+$1.30Silver$16.88+$0.01XAU85.48-0.02%HUI189.36-0.02%GDM645.96+4.90%JSE Gold1197.05+23.79USD88.58-0.37Euro125.02+0.44Yen94.27+0.78Oil$61.34+$0.7410-Year2.902%-0.009T-Bond143.90625+0.53125Dow25200.37+1.23%Nasdaq7256.43+1.58%S&P2731.20+1.21% The Metals: Gold gained $4.90 to $1357.00 in late Asian trade before it drifted back to $1348.60 in London and then bounced b...Read More

Is The Gold Price Heading Higher? IG TV Interview GoldCore

15 February, 2018 / GoldCore

Research Director at GoldCore, Mark O'Byrne talks to IG TV's Victoria Scholar about the outlook for the gold price.In this interview, Mark O'Byrne, research director at Goldcore, says the fact that the gold price did not spike during last week's equity sell-off was to be expected.He said even at the height of the global financial crisis, amid the collapse in the Wall Street behemoth Lehman Broth...Read More

Market Update: India's 2018 Budget - policy and progress

Thursday, 15 February, 2018 / Staff reporter

India, a nation that accounts for around a fifth of annual global gold demand, has a long history of gold-focused policies. These, however, have often distorted the market rather than achieving policymakers’ aims. Announcements in the Union Budget on 1 February 2018, however, suggest this might change. Arun Jaitley, India’s Finance Minister, explicitly highlighted the government’...Read More

Sandstorm Gold earns $10.5-million (U.S.) in 2017

2018-02-15 18:37 / Mr. Nolan Watson reports

Mr. Nolan Watson reportsSANDSTORM GOLD ANNOUNCES 2017 FOURTH QUARTER AND ANNUAL RESULTSSandstorm Gold Ltd. has released its results for the fourth quarter and year ended Dec. 31, 2017 (all figures in U.S. dollars). Fourth quarter highlights: Attributable gold equivalent ounces sold (1) of 12,032 ounces (Q4 2016 -- 13,245 ounces); Revenue of $15.4-million (Q4 2016 -- $16.5-million); Operating cash...Read More

Pembridge Resources acquires producing copper mine in 'transformational' deal

18:26 15 Feb 2018 / Andrew Scott

David Linsley, chief executive of Pembridge Resources plc (LON:PERE), tells Proactive's Andrew Scott they're set to become a cash flow generating copper producer with the acquisition of Yukon-based Minto Explorations.Currently an acquisition vehicle or SPAC, Pembridge will pay US$37.5mln in cash to vendor Capstone Mining plus shares equivalent to a 9.9% stake in the enlarged company.Pembridge will...Read More

Gold prices decline but still near August 2016 high

Thu Feb 15 17:49:46 2018 / The Wall Street Journal

Gold prices inched lower, pausing after the dollar's weakness propelled the precious metal to its best day since March a day earlier.Read full newsRead More

FTSE 100 closes up, boosted by mining stocks and as pound strengthens against the dollar

17:36 15 Feb 2018 / Renae Dyer

FTSE 100 rises 20.84 points Standard Life Aberdeen slumps as Lloyds pulls fundsOld Mutual and Mondi shares jump on President Zuma resignsMosman Oil tanks after placing newsTiou Energy another loser on its Botswana bids CLOSEThe FTSE 100 closed strongly on Thursday, was up 20.84 or 0.29% at 7,234.81, helped by mining stocks which took their cue from the higher prices of metals.The more UK...Read More

Desert Gold Begins Drilling on its Farabantourou Permit, Mali, West Africa

Thu Feb 15 15:54:33 2018 / Staff reporter

Desert Gold Ventures Inc. ('Desert Gold' or 'the Company') (TSX.V: DAU, FF: QXR2, OTC: DAUGF) is pleased to announce that drilling has begun on its Farabantourou project located in western Mali.Read full newsRead More

Komet - Closing of the Second Tranche of a Private Placement

Thu Feb 15 15:45:27 2018 / Les Ressources Komet

Komet Resources Inc. ('Komet' or the 'Company') is pleased to announce that it has closed a second tranche of a non-brokered private placement with accredited investors by issuing 3,364,000 units at a price of CA$0.37 per Unit, for total gross proceeds to Komet of CA$1,244,680.Read full newsRead More

GeoProMining and Glencore Technology to Promote Proven Albion Process

Feb. 15, 2018, 3:45 PM / Glencore Technology

Following the success of the Albion Process at GeoProMining's Ararat Processing Plant in Armenia, GPM have signed a collaboration agreement with Glencore Technology for the marketing of the Albion Process. GPM has successfully used Glencore Technology's atmospheric leaching process to increase overall recovery from sulphide concentrates in their Ararat plant from 20% to over 95%, defying expectat...Read More

#Bitcoin Tests $10k As Mysterious Crypto-Trader Dip-Buys $400 Million | Zero Hedge

Thu Feb 15 15:38:33 2018 / Staff reporter

Who is '3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64'...?Read full newsRead More

US Congress members send letter to Guatemala's president urging improved investment climate

Feb. 15, 2018, 3:34 PM / Felicia Chan

A bipartisan letter from US Congress members Paul Cook and Albio Sires says the future of American investment in Guatemala is being threatened by corruption and impunity prevalent in the country. In the letter, Cook and Sires advise the Guatemalan government and President Jimmy Morales to take immediate action to fix the problem. They outline the consequences of what could follow with these unreso...Read More

US Congress members send letter to Guatemala's president urging improved investment climate

Feb. 15, 2018, 3:34 PM / Frik Els

A bipartisan letter from US Congress members Paul Cook and Albio Sires says the future of American investment in Guatemala is being threatened by corruption and impunity prevalent in the country. In the letter, Cook and Sires advise the Guatemalan government and President Jimmy Morales to take immediate action to fix the problem. They outline the consequences of what could follow with these unreso...Read More

LiDCO shares fall after saying it expects 2017 loss

15:00 15 Feb 2018 / Renae Dyer

Shares in LiDCO Group plc (LON:LID) fell by 8% to 6.75p after saying it expects to post a loss for the 2017 financial year.The company, which supplies hemodynamic equipment used to monitor the body's blood flow to ensure vital organs are adequately oxygenated, said a ?1.7mln investment in its expansion is likely to lead to an unspecified loss.Total revenue is expected to rise just 1% to ?8.2mln...Read More

Telson averages 132 t/d in preproduction at Tahuehueto

2018-02-15 13:43 / Mr. Antonio Berlanga reports

Mr. Antonio Berlanga reportsTELSON DISCLOSES TAHUEHUETO MINING & CONCENTRATE PREPRODUCTION, METALLURGICAL BALANCES & CASH SALE RESULTS FOR 2017 AND ANNOUNCES PLANS FOR CORPORATE NAME CHANGETelson Resources Inc. has released the results of preproduction mining and processing at its 100-per-cent-owned Tahuehueto mine development project located in Durango, Mexico.Preproduction mining averagi...Read More

Bonterra Resources arranges $21.49M private placement

2018-02-15 13:43 / Mr. Nav Dhaliwal reports

Mr. Nav Dhaliwal reportsBONTERRA ANNOUNCES $21.5 MILLION PRIVATE PLACEMENTBonterra Resources Inc. has entered into an agreement with Sprott Capital Partners to act as lead agent, on its own behalf and, if applicable, on behalf of a syndicate of agents,in connection with a marketed private placement to raise gross proceeds of $21,495,000.The offering will consist of a combination of: (a) 13.3 milli...Read More

Seeing Machines: Growing distributors and larger deals in the pipeline

13:31 15 Feb 2018 / Andrew Scott

Ken Kroeger, executive chairman of Seeing Machines Limited (LON:SEE), tells Proactive's Andrew Scott it's been a great first half.''The capital raise was a big part of the activity. We've got great continued and increased support from our traditional shareholders as well as some great new institutional investors.''''The first half of the year tracking to target - a lot of activity in the automotiv...Read More

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