Mining Articles

Admedus Ltd moving up the value chain and preparing for 'pivotal' year

22:28 30 Jan 2018 / Andrew Scott

Wayne Paterson, chief executive of Admedus Ltd (ASX:AHZ), spoke to Proactive's Andrew Scott following the release of their quarterly update.It's a big week for Admedus with the launch of both CardioCel in India and CardioCel 3D in North America.CardioCel is the company's flagship product and is becoming a surgeon-preferred biomaterial for heart valve repair surgeries.  Meet Reward Minerals Lt...Read More

Interested in #gold in #Africa? Find out which companies are producing in #Ghana, #Mali and #BurkinaFaso:

Tue Jan 30 21:11:57 2018 / Staff reporter

Gold in Africa is attracting attention. Here's a look at the companies that are currently mining gold in Ghana, Mali and Burkina Faso.Read full newsRead More

Canuc Announces Vertical Amalgamation

Tue Jan 30 20:29:00 2018 / Staff reporter

Canuc Resources Corporation (TSXV: CDA)('Canuc' or the 'Company') is pleased to announce that it has completed a vertical amalgamation (the 'Vertical Amalgamation') with its wholly-owned subsidiary, Santa Rosa Silver Mining Corporation, pursuant to subsection 177 of the Business Corporations Act (Ontario).Read full newsRead More

Minera Alamos and Corex Gold Combine to Create a Leading Mexican Gold Company

Tue Jan 30 20:21:23 2018 / Staff reporter

Minera Alamos Inc. ("Minera Alamos") (TSX VENTURE:MAI) and Corex Gold Corporation ("Corex") (TSX VENTURE:CGE) are pleased to announce that they have entered into a definitive arrangement agreement dated January 30, 2018 (the "Agreement") to combine the two companies, creating a well-funded, multi-asset, Mexican gold development company (the "Transaction").Read full newsRead More

Gold Seeker Closing Report: Gold and Silver End Slightly Lower, Dow Drops Markedly

30 January, 2018 / Chris Mullen, Gold Seeker Report

CloseGain/LossGold $1336.80-$5.20Silver$17.11-$0.07XAU86.56-1.03%HUI194.03-0.89%GDM656.14-1.09%JSE Gold1239.40-60.77USD89.23-0.13Euro123.97+0.14Yen91.97+0.06Oil$64.50-$1.0610-Year2.724%+0.033T-Bond147.34375-0.78125Dow26076.89-1.37%Nasdaq7402.48-0.86%S&P2822.43-1.09% The Metals: Gold dropped $7.50 to $1334.50 in Asia before it bounced back to $1348.90 by a little after 9AM EST, but it then...Read More

London Property Market Tumbles As Glut of Luxury Apartments Grows To 3,000

30 January, 2018 / GoldCore

- Property crisis in London as over half of 1,900 luxury apartments built 2017 fail to sell- London's still high priced property causes companies to locate offices elsewhere- At current rates, glut of London properties will take three years to sell- Leading London-based estate agents Foxtons' sees 42% drop in earnings, yoy- UK's largest estate agent issues second profit warning in three months-...Read More

Asian Metals Market Update: January-30-2018

30 January, 2018 / Chintan Karnani, Insignia Consultants

Deutsche Bank and its associate group, UBS, HSBC etc have been fined by the CFTC for gold price manipulation. I am sure silver prices are being manipulated by a group of banks and hedge funds. Silver is undervalued. Long term industrial uses of silver will exceed production. Those who had invested in physical silver have lost all hope that silver prices can rise. Some of the silver investors are...Read More

#Bitcoin Battered Below $10k After Bitfinex, Tether Subpoena'd | Zero Hedge

Tue Jan 30 18:16:19 2018 / Staff reporter

U.S. regulators are scrutinizing one of the world's largest cryptocurrency exchanges as questions mount over a digital token linked to its backers. This follows reports of the company severing its relationship with its auditor.Read full newsRead More

Find out which #mining stocks made the latest OTCQX Best 50 list:

Tue Jan 30 18:16:05 2018 / OTC Markets Group

The top five resource companies to make the list were Amerigo Resources, Novo Resources, Excelsior Mining, Critical Elements and Corvus Gold.Read full newsRead More

FTSE 100 finishes sharply lower as financial stocks weigh

17:39 30 Jan 2018 / Tom Howard

FTSE 100 closes 1.09% lowerDow Jone and major US indices lagThree corporate giants team up to create own healthcare firmThe FTSE 100 took a beating to close 1.09% lower, or around 83 points, at 7,587.98, in tandem with the slide seen in other European markets.The footsie, which has been hitting record highs over the past weeks, hit a five week low, dragged lower by financials and the commodities,...Read More

RT @StuartLWallace: London Already Hit 2018 Air Pollution Limit, and That's Progress Woo and furthermore hoo

Tue Jan 30 16:41:16 2018 / Stuart Wallace

London reached its annual limits on pollution less than a month into the year, which was actually an improvement on the air quality in 2017.Read full newsRead More

RT @zerohedge: Friday: "Biggest Sell Signal In 5 Years Was Just Triggered"

Tue Jan 30 16:41:07 2018 / zerohedge

BofAML Bull & Bear indicator has given 11 sell signals since 2002; hit ratio = 11/11; average equity peak-to-trough drop following 3 months = 12%Read full newsRead More

Nasstar Plc looking to continue strong organic growth into 2018

15:56 30 Jan 2018 / Andrew Scott

Nigel Redwood, chief executive of Nasstar Plc (LON:NASA), caught up with Proactive's Andrew Scott to chat through the firm's 2017 trading update.Adjusted underlying earnings (EBITDA) for 2017 were slightly ahead of expectations while the cloud computing group's cash position improved substantially.Redwood says they ended the year with net cash of ?1.0mln, compared to net debt of ?2.8mln a year e...Read More

Stakeholder Gold Corp. Announces Corporate Secretary

Tue Jan 30 15:48:46 2018 / Stakeholder Gold

Stakeholder Gold Corp. (TSXV: SRC) ('Stakeholder Gold' or the 'Company') is pleased to announce that Anita Bailey has been appointed Corporate Secretary for the Company.Read full newsRead More

PCI-PAL cashes in on recent share price surge as it raises ?5mln at a discount

15:45 30 Jan 2018 / Tom Howard

A quick look at the share price history of PCI-PAL PLC (LON:PCIP) - the stock has doubled in the past few months - would suggest that the secure payments provider was primed for a placing.And that's exactly what happened on Tuesday. PCI-PAL raised ?4.95mln from investors by issuing shares at 45p apiece - a 29.5% discount to the average mid-market closing price for the last 30 trading days.The cas...Read More

Cache Exploration Inc. Acquires Deep Lake Cobalt Property, New Brunswick

Tue Jan 30 15:26:56 2018 / Cache Exploration

Cache Exploration Inc. (the 'Company', or 'Cache'), (TSX-V:CAY) is pleased to report that the Company has signed a Purchase Agreement to acquire a 100% interest in the Deep Lake Cobalt Property, located near Saint John, New Brunswick.Read full newsRead More

If it's fizz you are after on Wednesday, look to Britvic rather than the Fed

13:49 30 Jan 2018 / John Harrington

The spate of Christmas trading updates from the retailers has dried up so attention switches to macroeconomic events, specifically US interest rates.Having said that, the first Federal Reserve policy meeting of 2018 is expected to be one of the more uneventful Federal Open Market Committee (FOMC) meetings in some time.The likelihood of a hike on Wednesday evening is near zero, and the fact that th...Read More

Stars Group all set to shake up sports industry with Blockchain

13:16 30 Jan 2018 / Andrew Scott

Alex Lightman, chief executive of TokenCommunities Plc, and Daniel Taylor, chief executive of Stars Group chat to Proactive's Andrew Scott about their plans to bring football and Blockchain together.Taylor says they're looking to introduce the STARS token for the use in the purchase of merchandise as well as ticket sales and inner-group player transfers.  Meet Reward Minerals Ltd, Recce Ltd,...Read More

Ferrum Crescent announces maiden JORC resource at Toral

12:44 30 Jan 2018 / Andrew Scott

Miles Campion and Laurence Read, executive directors at Ferrum Crescent Ltd (LON:FCR), discuss with Proactive's Andrew Scott the maiden JORC resource at their Toral zinc-lead project in Spain.The resource comes in at 16mln tonnes of ore grading 6.9% zinc equivalent, including lead credits, and 25 grams per tonne silver.In terms of metal that amounts to 670,000 tonnes of zinc, 540,000 tonnes of lea...Read More

Shares in Vancouver vanadium junior tank after securities probe

Jan. 30, 2018, 11:00 AM / Frik Els

Shares in Vanadiumcorp Resource Inc (CVE:VRB) slumped Tuesday after the company announced the preliminary economic assessment for its flagship Lac Dor?(C) project in Quebec is being reviewed by regulators.During lunchtime trade the Vancouver-based junior was exchanging hands for $0.14, down just shy of 10 % on the TSX Venture Exchange, in higher than usual volumes. The microcap is now worth $32.5...Read More

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