Mining Articles

Ontario Supporting Indie Cinema in Sudbury

February1, 2018 10:00 A.M. / Ministry of Northern Development and Mines

Ontario is supporting Canadian, independent and international films by investing in the establishment of an independent cinema in downtown Sudbury.Through the Northern Ontario Heritage Fund Corporation (NOHFC), the province is supporting Sudbury Indie Cinema as it renovates the gymnasium of the former St. Louis de Gonzague School into a cinema and multi-use arts venue. This investment will help t...Read More

Acacia adopts fresh gold price protection measures

Feb. 1, 2018, 9:45 AM / Cecilia Jamasmie

Acacia Mining (LON:ACA), Tanzania's No.1 gold producer, said Thursday it had bought $2 million worth of options that protect it against lower gold prices in a fresh effort to offset the impact of a government ban on concentrate exports.The company, majority owned by Barrick Gold (TSX, NYSE:ABX), acquired 20,000 ounce of gold put options at a price of $1,320 an ounce. The contracts will expire...Read More

World Copper Conference to be held in Santiago, Chile on April 9 to 11

Feb. 1, 2018, 9:36 AM / CRU

Cecilia Jamasmie, MINING.com editor will be a moderator.CRU's 17th World Copper Conference is the world premier copper conference and attracts over 500 delegates. Together with CESCO Week the event constitutes one of the most important gatherings in the mining industry. This CEO-level meeting boasts an impressive delegation of industry decision-makers and is the best opportunity to hear from coppe...Read More

Calibre drills 7.45m of 9.73 g/t AuEq at Eastern Borosi

2018-02-01 09:29 / Mr. Ryan King reports

Mr. Ryan King reportsCALIBRE MINING DRILLING EXPANDS TWO GOLD-SILVER DISCOVERIES INTERSECTING 7.45 METRES GRADING 9.73 G/T AUEQ AND 4.10 METRES GRADING 10.52 G/T AUEQ ON THE EASTERN BOROSI PROJECT, NORTHEAST NICARAGUA Calibre Mining Corp. has provided final drilling results for the Q4 2017 diamond drilling program on the Eastern Borosi gold project, Nicaragua.Exploration and drilling on the projec...Read More

Corvus Gold drills 53.3 m of 1.57 g/t Au at Mother Lode

2018-02-01 08:21 / Mr. Jeff Pontius reports

Mr. Jeff Pontius reports CORVUS GOLD CONTINUES TO EXPAND MOTHER LODE DEPOSIT EAST, AT DEPTH AND WEST, DRILLING 70.1 METRES at 1.45 G/T GOLDCorvus Gold Inc. has received assay results from the final eight drill holes from its 2017 phase I drill program at its Mother Lode project in southern Nevada. Results from the first drill hole to specifically target to the east of the deposit (ML17-42 with 28....Read More

Terrax channel samples 17.5 m of 0.8 g/t Au as Sam Otto

2018-02-01 08:09 / Mr. Joe Campbell reports

Mr. Joe Campbell reportsTERRAX CHANNEL SAMPLING CONFIRMS A 100 METER WIDE MINERALIZED ZONE AT SAM OTTO SOUTHTerrax Minerals Inc. has released channel sample results from the Sam Otto South zone on Screamer Island.Sam Otto South is up to 3.5 kilometres south and along trend from the main Sam Otto and extends the potential strike length of that target area to over five km.Channel sample results conf...Read More

Diversified Gas & Oil sees significant increase in production through latest acquisitions

08:09 01 Feb 2018 / Andrew Scott

Rusty Hutson, chief executive of Diversified Gas & Oil plc (LON:DGOC), tells Proactive they'll triple their gas production through the acquisition of two producing assets in the Appalachian Basin, US, at a cost of US$180mln.Alliance Petroleum Corporation will be bought outright for US$95mln while DGO is also buying the Appalachian assets of a NYSE-listed, but unnamed, company for US$85mln.Both...Read More

Genesis Metals rehashes 2017 Chevrier drill results

2018-02-01 06:53 / Mr. Brian Groves reports

Mr. Brian Groves reportsGENESIS METALS PROVIDES SUMMARY OF 2017 DRILLING RESULTS FROM CHEVRIERGenesis Metals Corp. has provided a summary of significant assay results from core drilling within the main zone completed in 2017 at the Chevrier gold project near Chibougamau, Que. The company completed a total of 6,430 metres of drilling on the main zone. The objective of the program was to validate th...Read More

More than 900 Sibanye miners trapped underground, not in danger

Feb. 1, 2018, 3:40 AM / Cecilia Jamasmie

Over 1,000 miners at Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) Beatrix gold mine in South Africa were trapped underground as a result of a storm that knocked out power on Wednesday night.Storm knocked out power on Wednesday night, preventing evening shift workers from exiting the mine.Spokesman James Wellsted told Eye Witness News that sixty-four workers had been rescued overnight, but over 900 oth...Read More

AMD earnings: Mining for crypto gold, more Spectre details

Thu Feb 01 03:00:08 2018 / Staff reporter

When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More

A modern land run? Trump move opens Utah to mining claims under 1872 law

Thu Feb 01 01:30:22 2018 / Staff reporter

U.S. President Donald Trump's decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.Read full newsRead More

To Prevent Toxic Mine Spills You Have To Know What's Inside. Robots May Be The Answer

Thu Feb 01 01:30:20 2018 / Staff reporter

The EPA is considering using robots and other sophisticated technology to help prevent mineRead full newsRead More

Don't Mine for Gold When You Can Sell Shovels

Thu Feb 01 01:30:18 2018 / Staff reporter

Get rich or die trying?EUR?-?EUR?that's a common mantra among entrepreneurs, gangsters and drug dealers.Read full newsRead More

Gold Mining USA, Inc. Completes Name and Symbol Change to Vita Mobile Systems, Inc. VMSI

Thu Feb 01 01:30:15 2018 / Staff reporter

IRVINE, CA, Jan. 31, 2018 (GLOBE NEWSWIRE) - Vita Mobile Systems, Inc. (OTC Pink: VMSI), formerly Gold Mining USA, Inc. (OTC Pink: GMUI) announces the successful completion of its name, symbol, and CUSIP number change. The company is now trading live under Vita Mobile Systems, Inc. with the symbol VMSI. The company has completed a ...Read full newsRead More

US officials consider new tool to combat mine spills: Robots

Thu Feb 01 01:30:14 2018 / Staff reporter

Crumbling mine tunnels awash with polluted waters perforate the Colorado mountains, and scientists may one day send robots creeping through the pitch-black passages to study the mysterious currents that sometimes burst to the surface with devastating effects. One such disaster happened at...Read full newsRead More

Why The Priceline Group Inc. Could Be a Gold Mine for Growth Investors

Thu Feb 01 01:30:13 2018 / Staff reporter

The leader in online travel agencies should just keep getting bigger.Read full newsRead More

Is Coeur Mining, Inc. a Buy in 2018?

Thu Feb 01 01:30:11 2018 / Staff reporter

Strong growth catalysts could drive Coeur Mining stock higher this year.Read full newsRead More

AMD earnings: Mining for crypto gold, more Spectre details

Thu Feb 01 01:30:07 2018 / Staff reporter

When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More

AMD earnings: Mining for crypto gold, more Spectre details

Thu Feb 01 00:26:06 2018 / Staff reporter

When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More

Valor Resources' Berenguela project now contains 46 million tonnes of ore

Feb 1 2018 / Staff reporter

Valor Resources (ASX:VAL), which purchased the Peruvian Berenguela project from SSR Mining (SSRM, SSRM.TO), has now released a JORC-compliant resource estimate (keep in mind the project was subject to the NI43-rules when SSR Mining owned it). This updated resource estimate shows an 80% increase in the total resources whilst the total amount of contained copper increased by 37% to 772 million pound...Read More

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