Mining Articles

Canuc Plans Another Gas Well on the Thompson Lease in West Texas

Wed Feb 14 14:58:02 2018 / Staff reporter

Canuc Resources Corporation (TSXV:CDA) ('Canuc' or the 'Company') is pleased to announce plans for drilling another gas well on the Thompson lease in Stevens County, West Texas.Read full newsRead More

Crusader Resources seeking up to US$15mln through AIM listing

14:55 14 Feb 2018 / Andrew Scott

Marcus Engelbrecht, managing director of Crusader Resources Ltd (ASX:CAS), tells Proactive's Andrew Scott they're looking to raise between US$10-15mln through a listing next month on London's AIM market.Engelbrecht says the cash will be used primarily to progress their Borborema project in Brazil.  Meet Medusa Mining, Cora Gold, Group Eleven Resources Ltd. and Harvest Minerals Ltd. at our eve...Read More

RT @Wealthminerals: $WML.V $WMLLF #Lithium and #cobalt oversupply fears overblown -

Wed Feb 14 13:10:47 2018 / Wealth Minerals Ltd.

January saw volatility return to Lithium and Cobalt markets, both correcting on oversupply anxiety.Glencore announced that its Democratic Republic of Congo (DRC) project Kamoto will expand its Cobalt output to 34ktpa by 2019 (~30% of CY19F global demand). This news impacted Cobalt stocks globally on near-term oversupply concerns.Read full newsRead More

RELX and ConvaTec among the namesin Thursday's diary

13:00 14 Feb 2018 / Jamie Ashcroft

Electronic databases specialist RELX Group PLC (LON:REL) is expected to report another year of underlying revenue, profit and earnings growth on Thursday.Revenue growth on the Scientific, Technical & Medical side and in the Legal business is expected to be modest, having been up 2% year-on-year in the first nine months of the financial year.The sexy numbers should be provided by the Risk &...Read More

National Milk Records both 'poacher and gamekeeper' in the dairy sector

12:50 14 Feb 2018 / Andrew Scott

Andy Warne, managing director of National Milk Records (NEX:NMR), tells Proactive they're a service provider in the diary industry.''The basic services we provide are for farmers to become more efficient'', Warne says''So it's the quality of the food they're producing and the volume of foo they're producing .... so our primary client is the dairy farmer but we also have a second business where we...Read More

Sure Ventures offering investors access to 'pioneering companies with winning tech'

11:27 14 Feb 2018 / Andrew Scott

Barry Downes, from Sure Ventures Plc (LON:SURE), spoke to Proactive's Andrew Scott soon after the fund began trading on the Specialist Fund Segment of the London Stock Exchange.He says they're looking to invest in early stage technology companies, with a focus on software-centric businesses in three rapidly-growing markets - AR/VR, FinTech and IoT.Downes adds that Sure Ventures offers investors th...Read More

The Power Of Siberia And #China's Next Natural #Gas Moves | Zero Hedge

Wed Feb 14 11:12:36 2018 / Staff reporter

Gazprom's Power of Siberia pipeline is more than two-thirds complete. It will be delivering gas to China by the end of this year. A second pipeline is still under discussion...Read full newsRead More

Fura Gems to restart Colombia's iconic Coscuez emerald mine in April

Feb. 14, 2018, 10:27 AM / Cecilia Jamasmie

Canada-listed Fura Gems (TSX-V:FUR), a new gemstone mining and marketing company headed by former COO of Gemfields (LON:GEM) Dev Shetty, is stepping up efforts to kick off operations at some of its key assets and so take advantage of a growing demand for coloured precious rocks.The company, which began operations less than a year ago, in May 2017, has good reasons to be in a rush. Sales of emeral...Read More

IAMGOLD closer to deciding future of Ontario gold project

Feb. 14, 2018, 9:00 AM / Cecilia Jamasmie

Canada's IAMGOLD Corp. (TSX IMG), (NYSE: IAG) has kicked off a feasibility study for its C??t?(C) Gold Project, located in the Abitibi gold belt in Ontario, and said a construction decision should be made in the first half of 2019.Last year, the Toronto-based miner sold a 30% interest in the proposed open pit mine to Japan's Sumitomo Metal Mining, the Asian nation's No. 1 gold producer, but it re...Read More

Adamera\'s first hole at Cooke has sulphides, magnetite

2018-02-14 08:22 / Mr. Mark Kolebaba reports

Mr. Mark Kolebaba reportsADAMERA DRILLING CONFIRMS SULFIDE MINERALIZATION AT SE-01 - FOLLOW UP DRILLING UNDERWAYAdamera Minerals Corp.'s first hole on the SE-01 VTEM target at its Cooke Mountain project in Washington State is mineralized with sulphides and magnetite.The drill hole intersected a thick zone with both semi-massive and disseminated sulphides over a 120-metre core length.Mineralization...Read More

Maple Gold pegs Douay at 479,000 oz Au indicated

2018-02-14 07:39 / Mr. B. Matthew Hornor reports

Mr. B. Matthew Hornor reportsMAPLE GOLD UPDATES DOUAY RESOURCE ESTIMATE, INCREASING CONTAINED OUNCES AND CONVERTING MORE THAN 450,000 OUNCES INTO INDICATED RESOURCES Maple Gold Mines Ltd. has provided an updated mineral resource estimate for the company's Douay gold project, as prepared by Micon International Ltd. The updated estimate includes additional drilling and assays from work completed dur...Read More

Botswana Diamonds just raised more than $695K to boost exploration

Feb. 14, 2018, 5:50 AM / Cecilia Jamasmie

Shares in Africa-focused Botswana Diamonds (LON:BOD) received a much-needed boost on Wednesday after the miner announced it had has raised ?500,000 (about $695,060 at current rates) to fund ongoing exploration in South Africa and Botswana.The company said the sum was collected through the issue of 50-million shares to new and existing investors at a price of 1p a share.Miner will begin expl...Read More

Teck Resources down despite better profit in Q4

Feb. 14, 2018, 3:58 AM / Cecilia Jamasmie

Shares in Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) were down almost 4.9% in New York premarket after reporting weaker than expected earnings for the three months to December and a 10% drop in revenue.The Vancouver, British Columbia-based company logged a profit of Cdn$700 million or Cdn$1.21 per share for the forth quarter of the year, compared to Cdn$9...Read More

Gold Rush: Parker's Trail Season 2 heads to Guyana in hunt for 'El Dorado'

Wed Feb 14 02:13:13 2018 / Staff reporter

Discovery is set to air a second season of Gold Rush: Parker's Trail - as Parker Schnabel, Rick Ness, Karla Ann and Steve Brown battle jaguars and piranhas to get gold in Guyana!Read full newsRead More

Can Gold-Mining Stocks Shock Investors and Surpass the Metal Itself?

Wed Feb 14 02:13:11 2018 / Staff reporter

A more dramatic move in the price of gold is necessary for miners to start outperforming the metal.Read full newsRead More

Harmony Gold Mining Co. Ltd. Sponsored ADR to Host Earnings Call

Wed Feb 14 02:13:07 2018 / Staff reporter

NEW YORK, NY / ACCESSWIRE / February 13, 2018 / Harmony Gold Mining Co. Ltd. Sponsored ADR (NYSE: HMY ) will be discussing their earnings results in their Q1 Earnings Call to be held on February 13, 2018 ...Read full newsRead More

SDLRC Blog: Brooke Clements highlights January & February 2018

February 14, 2018 / Kaiser Blog

Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More

O'Hayre discusses new fuel cell technology with Science

February 14, 2018 / News room

Ryan O'Hayre, professor of metallurgical and materials engineering at Colorado School of Mines, was recently featured in an article in Science about a new breakthrough in the development of a midrange-temperature fuel cell that can run "warm enough for reactions to proceed quickly, but cool enough to allow them to be built from cheaper metals."From the article:O'Hayre says the new work is "a grea...Read More

Diamond & Specialty Minerals Summary for Feb. 13, 2018

February 14, 2018 / Will Purcell

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a mediocre 72-88-130. The TSX Venture Exchange fell three points to 821 while polished diamond prices edged higher. Dr. Leon Daniels's Pangolin Diamonds Corp. (PAN) gained one-half ce...Read More

Gold Summary for Feb. 13, 2018

February 14, 2018 / Stockwatch Business Reporter

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold gained $6.80 to $1,329.30 on Tuesday. The TSX Venture Exchange lost 3.88 points to 821.18 while the TSX Gold Index lost 0.46 point to 183.38. Endeavour Mining Corp. (EDV) led a smaller group of Canadian gold miners h...Read More

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