Mining Articles

First Cobalt Completes First Phase of Muckpile Sampling Program

Jan 30 2018 / First Cobalt Corp.

TSX VENTURE: FCCwww.firstcobalt.com Mr. Trent Mell reports:TORONTO, Jan. 30, 2018 /CNW/ - First Cobalt Corp. (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) (the "Company") is pleased to announce the completion of the first phase of an extensive sampling program at its historic mining operations in the Cobalt Camp in Ontario. This program will provide a better understanding of representative grade characteri...Read More

Premier Gold Mines Announces up to US$83 Million Project Development and Exploration Budget for 2018

Jan 30 2018 / Premier Gold Mines

TSX: PGwww.premiergoldmines.com Mr. Ewan Downie reports:THUNDER BAY, ON, Jan. 30, 2018 /CNW/ - PREMIER GOLD MINES LIMITED ("Premier" or "The Company") (TSX:PG) is pleased to provide an update on exploration and development plans for 2018. The Company remains focused on realizing the potential of its current asset base, comprised of eight properties located in North America.Premier has approved a 2...Read More

Titan Mining Announces Mill Commissioned and First Ore Hoisted at Empire State Mine

Jan 30 2018 / Titan Mining

TSX: TIwww.titanminingcorp.com Mr. Richard Warke reports:VANCOUVER, British Columbia, Jan. 30, 2018 (GLOBE NEWSWIRE) -- Titan Mining Corporation ("Titan" or the "Company") (TSX:TI) is pleased to announce that the crusher, hoist and mill at the Empire State Mine have been commissioned and hoisting of ore has begun on schedule and budget.Production Re-start UpdateSince the start of the project in ea...Read More

Alio Gold Provides 2018 Guidance for San Francisco Mine

Jan 30 2018 / Alio Gold

TSX: ALOwww.aliogold.com Mr. Bryan Coates reports:VANCOUVER, British Columbia, Jan. 30, 2018 (GLOBE NEWSWIRE) -- Alio Gold Inc (TSX:ALO) (NYSE AMERICAN:ALO) ("Alio Gold" or the "Company"), announces 2018 production and cost guidance for the San Francisco Mine in Sonora, Mexico.Highlights Forecast gold production to increase to between 90,000 and 100,000 ouncesAll-in sustaining costs1,3 ("AISC") be...Read More

GoldQuest: Drilling at Cachimbo returns 148 m grading 0.8 g/t gold including 5.05 m grading 8.4 g/t gold

Jan 30 2018 / Goldquest Mining

TSX VENTURE: GQCwww.goldquestcorp.com Mr. Bill Fisher reports:VANCOUVER, BC--(Marketwired - January 30, 2018) - GoldQuest Mining Corp. (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) ("GoldQuest" or the "Company") is pleased to report assay results from the latest seven drill holes from its Cachimbo Discovery located within the Company's 100% owned Tireo Concessions in the Dominican Republic. Mi...Read More

MGX Minerals Commences Development of Next Generation Zinc Air Mass Storage System

Jan 30 2018 / MGX Minerals

CSE: XMGwww.mgxminerals.com Mr. Jared Lazerson reports:VANCOUVER, BRITISH COLUMBIA / January 30, 2018 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce that wholly-owned subsidiary ZincNyx Energy Solutions, Inc. (“ZincNyx”) has commenced development of a scaled-up 20 kW system for use in utility-scale batter...Read More

Artemis Resources: $4.5 M Capital Raise to Fast Track Mining & Exploration

Jan 30 2018 / Artemis Resources

ASX: ARVwww.artemisresources.com.au Mr. David Lenigas reports:West Perth, WA / January 30, 2018 / JMN Wire / Artemis Resources Limited (ASX: ARV) ("Artemis") advises that it has received firm "bought deal" commitments from a London Institution, Global Investment Strategy UK Ltd, to raise $4.5 million (before costs) through the issue of approximately 22.5 million fully paid ordinary shares ("Shares...Read More

De Grey Mining elects to proceed to 100% of Pilbara Gold Project

Jan 30 2018 / De Grey Mining

ASX: DEGwww.degreymining.com.au Mr. Simon Lill reports:West Perth, WA / January 30, 2018 / JMN Wire / De Grey Mining Limited (ASX: DEG) ("De Grey", "DEG", "the Company") is pleased to announce that it has decided to proceed to acquire all the shares in Indee Gold Pty Ltd ("Indee Gold") from Northwest Non-Ferrous Australian Mining Pty Ltd ("NNAM").This decision to proceed with the acquisition of In...Read More

Pretium - an admission of failure?

Tuesday, January 30, 2018 / The Angry Geologist

As Otto mentioned (link) the grades 'that should not be mentioned' mined during Q4 at the Valley of the Kings Wangs* was a lot lower than planned - 8.4 g/t vs 15.4 g/t, a 45% difference. *I'm pandering to my Chinese overlordsThe market didn't go yippee!down 35%Fortunately, the Brucejack web-page (link) contains all the answers to those irritating questions about grade, production and so on......Read More

Wood Mackenzie cuts iron ore price outlook as markets fall again

Jan 30 2018 / Cecilia Jamasmie

Despite beginning the year in good shape, the global iron ore industry is starting to experience a fresh drop in prices that has analysts trying to decide whether this is the start of a deeper downtrend or a pull-back.According to the Metal Bulletin, the price for benchmark 62% fines slipped Tuesday below $73 per tonne, down $1.36 per tonne month-to-date average.Chinese iron ore futures ticked hi...Read More

Rio Tinto autonomous trucks now hauling a quarter of Pilbara material

Jan 30 2018 / Cecilia Jamasmie

Mining giant Rio Tinto's (ASX, LON, NYSE: RIO) driverless trucks fleet has achieved a major milestone as it moved its one-billionth tonne of material in Western Australia's Pilbara region last month, the company said.The figure corresponds to roughly 25% of both ore and waste material hauled last year across the company's five sites in the Pilbara region, including the newly commissioned Silvergra...Read More

Kairos discovers further gold mineralisation at Roe Hill

Jan 30, 2018 / finfeed

Published on: Jan 30, 2018 | by finfeedKairos Minerals (ASX:KAI) has received promising assay results from its recent drilling program at its 100%-owned Roe Hills Project in Western Australia.The key focus of the program was previously defined gold mineralisation areas at Lingering Kiss, Terra and Lady of the Lake. The program consisted of 27 holes for 3,101 metres combined aircore/reverse circula...Read More

Buggy Whips and Batteries

January 30, 2018 / Christian DeHaemer

In 2011, Morgan Stanley put out a 50-page investment note on Tesla with a price target of $70, up from the price at the time of $23.71.Obviously, it was a good call even if it took two years to play out...The basic logic of the note was that in 1900, there were almost no cars in New York City.And 13 years later, there were almost no horses:It is true that Tesla's stock price has done very well ove...Read More

Did the NSA Create Bitcoin to Usher in One World Currency?

January 30, 2018 / Joe Jarvis

It is true, the National Security Agency created part of the code for Bitcoin.When you first hear that, it is pretty jarring. It seems like a smoking gun! Case closed, conspiracy theory proven.But the NSA creates a lot of cryptography code. Some of it works and is widely adopted.The piece of the Bitcoin code created by the NSA is a hash function called SHA-256. SHA stands for Secure Hashing Algori...Read More

Did the NSA Create Bitcoin to Usher in One World Currency?

January 30, 2018 / Joe Jarvis

It is true, the National Security Agency created part of the code for Bitcoin.When you first hear that, it is pretty jarring. It seems like a smoking gun! Case closed, conspiracy theory proven.But the NSA creates a lot of cryptography code. Some of it works and is widely adopted.The piece of the Bitcoin code created by the NSA is a hash function called SHA-256. SHA stands for Secure Hashing Algori...Read More

What's the link between gold, Bitcoin and inflation?

Mon Jan 29 23:18:41 2018 / Bloomberg Gadfly

What's behind the precious metal's recent rise?Read full newsRead More

Canyon Copper Completes UAV Airborne Magnetic Survey at Bootleg Lake Project

Mon Jan 29 22:52:41 2018 / Staff reporter

Canyon Copper Corp. ('Canyon') (TSX-V: CNC) is pleased to present the results of an airborne UAV magnetic survey on the Company's Bootleg Lake project located near Creighton, Saskatchewan, Canada, five kilometres southwest of the city of Flin Flon, Manitoba.Read full newsRead More

Komet Reports 185 and 149.6 g/t Au from Grab Samples within the Guiro Mine

Mon Jan 29 20:56:49 2018 / Les Ressources Komet

Komet Resources Inc. ("Komet" or the "Company") is pleased to announce a gold discovery 4km from the Guiro mine and the development of a new unmined shoot at the mine.Read full newsRead More

Gold Seeker Closing Report: Gold and Silver Fall Roughly 1%

29 January, 2018 / Chris Mullen, Gold Seeker Report

CloseGain/LossGold $1342.00-$7.60Silver$17.18-$0.23XAU87.47-3.15%HUI195.77-3.73%GDM663.35-2.82%JSE Gold1300.17-12.92USD89.36+0.26Euro123.83-0.41Yen91.91-0.06Oil$65.56-$0.5810-Year2.691%+0.032T-Bond148.15625-0.59375Dow26439.48-0.67%Nasdaq7466.51-0.52%S&P2853.53-0.67% The Metals: Gold fell $11.70 to $1337.90 in late morning New York trade before it bounced back higher in the next few hours,...Read More

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