Mining Articles

Randgold calls Congo's new mining code "draconian"

Feb. 4, 2018, 11:08 AM / Valentina Ruiz Leotaud

Miners operating in the Democratic Republic of Congo are pulling out the heavy artillery in their fight against the country's new mining code which, they say, will stifle investment in the copper and cobalt-rich nation.Today, Africa-focused gold producer Randgold Resources (LON:RSS) issued a press release saying its executives are engaging "at the highest level" with the Joseph Kabila government t...Read More

US officials consider robots to prevent mine spills

Feb. 4, 2018, 9:35 AM / Valentina Ruiz Leotaud

It looks like a hybrid between a golf cart and Wall.E. Its main function is to move through collapsing, rubble-strewn tunnels at mine sites to map them and analyze pollutants in groundwater.It can do what humans cannot: penetrate thousands of feet into a mountain, creep through very narrow areas with poor air quality and gather data of poorly understood subterranean flows, many of which contain to...Read More

Industry groups, native corporations support mine project

Sun Feb 04 01:40:17 2018 / Staff reporter

BETHEL, Alaska (AP) - The comments from industry groups and native corporations in support of the waste and wastewater plans of a proposed mine in western Alaska have contrasted the opposition voiced by area residents.KYUK-AM reports the industry groups and native corporations gave public comments that expressed trust and support for the Donlin Gold mine project during a hearing with state regulat...Read More

Escape from It All, With a Gold Mining Stock in Paradise

Sun Feb 04 01:40:16 2018 / Staff reporter

Technical analyst Clive Maund charts a company developing a gold mine on Fiji.Read full newsRead More

Should You Buy Marlin Gold Mining Ltd (CVE:MLN) Now?

Sun Feb 04 01:40:15 2018 / Staff reporter

Marlin Gold Mining Ltd (TSXV:MLN), a metals and mining company based in Canada, received a lot of attention from a substantial price increase on the TSXV over the last fewRead More...Read full newsRead More

South Africa gold mine: All 955 trapped workers freed

Sun Feb 04 01:40:13 2018 / Staff reporter

The South African workers had been stuck since Wednesday, when a power cut stopped the lifts.Read full newsRead More

All 955 miners freed from South African gold mine

Sun Feb 04 01:40:11 2018 / Staff reporter

All of the nearly 1000 miners trapped in the Sibanye-Stillwater's Beatrix gold mine in South Africa due to a power outage were brought back to the surface.Read full newsRead More

Miners rescued from Beatrix gold mine in South Africa

Sun Feb 04 01:40:10 2018 / Staff reporter

The rescue team faced the difficult task of bringing up hundreds of workers one at a time from the 700-meter deep mine. The workers had been trapped in the mine since Wednesday evening.Read full newsRead More

This Canadian Gold Mining Junior Is Poised to Soar in 2018

Sun Feb 04 01:40:07 2018 / Staff reporter

The optimistic outlook for gold makes now the time to acquire mining junior Seabridge Gold Inc. (TSX:SEA)(NYSE:SA).Read full newsRead More

Diamond & Specialty Minerals Summary for Feb. 1, 2018

February 04, 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 Friday was an abysmal 36-138-116. The TSX Venture Exchange fell another 32 points to 811, having now completely wiped out its rocket-like rise from 810 to 939 of late December and early January....Read More

Energy Summary for Feb. 2, 2018

February 04, 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 Reporter West Texas Intermediate crude for March delivery lost 35 cents to $65.45 on the New York Merc, while Brent for April lost $1.07 to $68.58 (all figures in this para U.S.). Western Canadian Select traded at a discount of $27.70 to WTI (...Read More

Gold Summary for Feb. 2, 2018

February 04, 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 fell $16.40 to $1,331.90 on Friday. The TSX Venture Exchange slid 32.03 points to 811.68 while the TSX Gold Index lost 5.29 points to 188.74. Canadian golds moved sharply lower today, led by Klondex Mines Ltd. (KDX),...Read More

Shell Summary for Feb. 2, 2018

February 04, 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 ReporterThe TSX Venture Exchange continued to plummet, losing 32.03 points to 811.68 Friday and ending the week down 79.12 points. A former Ron Schmeichel shell target now plans to go public through another shell. That target, HLS Therapeutics...Read More

Randgold Resources to Engage with DRC on New Mining Code

Feb 4 2018 / Randgold Resources

NASDAQ: GOLDwww.randgoldresources.com Mr. Mark Bristow reports: RANDGOLD TO ENGAGE AT TOP LEVEL WITH CONGOLESE GOVERNMENT ON NEW MINING CODE Jersey, Channel Islands - February 4, 2018 - (FSCwire) - Randgold Resources says it is engaging at the highest level with the government of the Democratic Republic of Congo to head off the enactment of a new mining code which the company believes will severel...Read More

Guyana Goldfields goes underground, stops worrying about Venezuela

Feb 4 2018 / Valentina Ruiz Leotaud

Canada's Guyana Goldfields is set to invest $120 million to conduct underground gold mining for the first time in Guyana's history.In an event held Sunday in the South American country, the company's President and CEO, Scott Caldwell, said that by the end of the month he will provide the results of an ongoing feasibility study on underground mining at the Aurora Gold Mine. The project, 100%-owned...Read More

Randgold calls Congo's new mining code "draconian"

Feb 4 2018 / Valentina Ruiz Leotaud

Miners operating in the Democratic Republic of Congo are pulling out the heavy artillery in their fight against the country's new mining code which, they say, will stifle investment in the copper and cobalt-rich nation.Today, Africa-focused gold producer Randgold Resources (LON:RSS) issued a press release saying its executives are engaging "at the highest level" with the Joseph Kabila government t...Read More

US officials consider robots to prevent mine spills

Feb 4 2018 / Valentina Ruiz Leotaud

It looks like a hybrid between a golf cart and Wall.E. Its main function is to move through collapsing, rubble-strewn tunnels at mine sites to map them and analyze pollutants in groundwater.It can do what humans cannot: penetrate thousands of feet into a mountain, creep through very narrow areas with poor air quality and gather data of poorly understood subterranean flows, many of which contain to...Read More

How did #gold, #silver, #copper and #oil prices perform last week? Find out in our weekly recap:

Sat Feb 03 22:25:05 2018 / Staff reporter

The gold price was down for the first time this year after the release of the latest US jobs data. Silver, copper and oil were also down for the week.Read full newsRead More

Turmoil: Dow's Biggest Point Rout Since Lehman; #Bonds, #Bitcoin Crash | Zero Hedge #stocks

Sat Feb 03 10:57:20 2018 / Staff reporter

This week for Bitcoin, Bonds, and Bullish stockholders...Read full newsRead More

Small caps movers: Stellar Diamonds sparkles on prospects of takeover bid at whopping premium

06:45 03 Feb 2018 / Tom Howard

Stellar Diamonds was by far and away the top riser in London this week after the junior miner told investor investors it is in "advanced negotiations" over a possible takeover offer from Newfield Resources.AIM-listed Stellar said the possible bid, as it currently stands, would see each shareholder receive approximately 0.76 of a Newfield share for each Stellar share held.Given Aussie-quoted Newfie...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok