Mining Articles

Garibaldi - the final cut

Monday, January 29, 2018 / The Angry Geologist

I'm so disappointed with Garibaldi. After 3 months of hibernation, they rudely awoke the market with the final drill-hole assays just in time to show some core at the Roundup Core-shack (link), and avoid some embarrassing questions...Let's start with the good news:We got a plan map!!!!We got some geofizz polygons - rectangle marks the spot!!!Errr, that's it...And now with the bad less good news:Th...Read More

Canada Zinc Metals Announces Expanded Mineral Resource Estimate for the Cardiac Creek Deposit

Jan 29 2018 / Canada Zinc Metals

TSX VENTURE: CZXwww.canadazincmetals.com Mr. Peeyush Varshney reports:Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce that the Company has received an updated mineral resource estimate for the Cardiac Creek Zn-Pb-Ag deposit on its 100% owned Akie Project.The new mineral resource estimate incorporated the results of 8 new drill int...Read More

Callinex Mines Intersects 13.0 Meters of 5.7% Zinc Equivalent Mineralization at Nash Creek in New Brunswick

Jan 29 2018 / Callinex Mines

TSX VENTURE: CNXwww.callinex.ca Mr. Max Porterfield reports:HighlightsDrill hole NC17-260 expanded the Nash Creek Deposit laterally and intersected 13.0m of 5.7% Zn Eq. starting at a depth of 72.0m including 5.0m of 11.8% Zn Eq.;High-grade mineralization intersected in hole NC17-260 is open for further expansion to the west and northwest towards the MacMillan Zone; andDrill hole NC17-254 intersect...Read More

Anglo American exits South African coal with sale of New Largo mine

Jan 29 2018 / Cecilia Jamasmie

Anglo American (LON:AAL) has officially left the coal sector in South Africa with the sale of its New Largo mine to a group of black-controlled companies.Seriti Resources Pty Ltd., Coalzar Pty Ltd. and South Africa's Industrial Development are paying Corp. are paying $71 million for the asset, Anglo said in the statement.Last year, Anglo sold other coal assets that exclusively supplied South Afri...Read More

Petra Diamonds shares crash on profit and output forecast cuts

Jan 29 2018 / Cecilia Jamasmie

Shares in Petra Diamonds (LON:PDL) fell as much as 21% on Monday after the miner cut its forecast for 2018 earnings and said it will produce fewer precious stones as it focuses on recovering larger, more expensive rocks.The South African diamond producer, owner of the iconic Cullinan mine, which produced the diamonds for the British crown jewels, said it expected its 2018 fiscal year earnings to b...Read More

Canada's Fort Hills oil sands project delivers first bitumen

Jan 29 2018 / Cecilia Jamasmie

Suncor Energy (TSX:SU), Canada's second-largest energy producer, announced Monday its majority-owned Fort Hills oil sands project in Alberta had achieved first oil over the weekend.Production at Fort Hills - located 90 km north of Fort McMurray - will ramp up over the next months to reach 90% of capacity by the end of the year, said the Calgary-based company, which is also the project operator...Read More

War on blood diamond trade loses its lustre in age of digital smuggling - by Jon Yeomans (The Telegraph - January 28, 2018)

Jan 29 2018 / Staff reporter

http://www.telegraph.co.uk/The diamond industry stands at a crossroads. The Kimberley Process, a scheme designed to certify that diamonds are "conflict-free", is under pressure to reform.Once regarded as a landmark agreement between industry, governments and NGOs, it has been attacked for widespread shortcomings. Can it restore confidence in the industry and can consumers be sure of what they are...Read More

Investing in China's Electric Cars

January 29, 2018 / Jeff Siegel

Governor Jerry Brown is a hero to progressives and a villain to conservatives.But to me, he's little more than a prime source for invaluable investment intelligence.Last Friday, Governor Brown signed an executive order that is an absolute gift to the electric vehicle market and, of course, investors who have skin in the electric vehicle game.Under the terms of the executive order, $2.5 billion is...Read More

Message from Planet Japan: The good times never last forever

January 29, 2018 / Simon Black

Via Sovereignman.comAfter having traveled to more than 120 countries in my life, the only person I know who's been to more places than I have is Jim Rogers.Jim is a legend- a phenomenal investor, author, and all-around great guy.(His book Adventure Capitalist is a must-read, chronicling his multi-year driving voyage across the world.)Some time ago while we were having drinks, Jim remarked that h...Read More

Message from Planet Japan: The good times never last forever

January 29, 2018 / Simon Black

Via Sovereignman.comAfter having traveled to more than 120 countries in my life, the only person I know who's been to more places than I have is Jim Rogers.Jim is a legend- a phenomenal investor, author, and all-around great guy.(His book Adventure Capitalist is a must-read, chronicling his multi-year driving voyage across the world.)Some time ago while we were having drinks, Jim remarked that h...Read More

Save The Date To Meet Us - Globe is attending Mining Indaba 2018

Jan. 28, 2018, 5:37 PM / Globe 24-7

Meet Globe 24-7 and Globe Competency Assurance at one of the world's largest mining investment conference and Africa's largest mining event, Mining Indaba 2018 in Cape town, South Africa.Investing in African Mining Indaba (R), often referred to as "the Mining Indaba (R)," is an annual professional conference dedicated to the capitalisation and development of mining interests in Africa. For two d...Read More

RT @zerohedge: Last Year The SNB Earned 32 Times More Than The 85 Swiss Private Banks

Sun Jan 28 14:10:24 2018 / zerohedge

Why would the Swiss absolutely want to pay CHF25-100BN in-kind foreign aid to the foreign countries and hedge funds?Read full newsRead More

Preferred addresses for Toronto and Vancouver miners

Jan. 28, 2018, 1:18 PM / Michael Allan McCrae

Story developed using data from Mining Intelligence. Learn more and schedule a demo.Most Toronto-based miners have addresses on Bay Street while Vancouver miners are evenly split between Hastings and Pender streets.Despite the commodity price shake out in 2015 and 2016, miners have mostly hung onto their downtown addresses."The mining sector occupies a large footprint in office and commercial sp...Read More

Introducing The "Polar Silk Road" - #China's Latest Arctic Power Grab | Zero Hedge

Sun Jan 28 12:45:04 2018 / Staff reporter

China would encourage enterprises to build infrastructure and conduct commercial trial voyages, paving the way for Arctic shipping routes that would form a "Polar Silk Road."Read full newsRead More

Visualizing Real #Inflation - A Decade Of Grocery Prices For 30 Common Items | Zero Hedge

Sun Jan 28 12:43:46 2018 / Staff reporter

Over the span of 2000-2016, the amount of money spent on food by the average American household increased from $5,158 to $7,203, which is a 39.6% increase in spending...Read full newsRead More

Ethiopia could be sitting on one of the world's great untapped gold deposits

Sun Jan 28 02:47:10 2018 / Staff reporter

Local inhabitants have long taken advantage of these riches. They pan for gold in Asosa's streams and also extract the precious metal directly from outcropping rocks.Read full newsRead More

Gold And The Euro Are Both Trying To Break Out At The Same Time (GLD)

Sun Jan 28 01:15:36 2018 / Staff reporter

From Chris Kimble: The past 11 and 7 years respectively have not been kind to the Euro and Gold, as each has created a series of lower highs and lower lows forRead full newsRead More

Gold mining, the movies and the story behind 'the most Instagrammed greenhouse in the world'

Sun Jan 28 01:15:34 2018 / Staff reporter

“This must be the most Instagrammed greenhouse in the world”, Clark Moorten, the 74-year-old owner of Moorten Botanical Garden says, leading me to a rather ramshackle structure that possesses another sign:Read full newsRead More

Four Companies to Watch as the Gold Market Turns Upward

Sun Jan 28 01:15:30 2018 / Staff reporter

Ron Struthers of Struthers Resource Stock Report discusses the downfall of cryptocurrencies and the rise of gold, and presents four gold companies he is adding to his selection list.Read full newsRead More

EPA halts plans to lift proposed mine restrictions in Alaska

Sun Jan 28 01:15:25 2018 / Staff reporter

JUNEAU - The U.S. Environmental Protection Agency on Friday halted plans to withdraw proposed restrictions on mining activity near a major Alaska salmon fishery, drawing praise from opponents of theRead full newsRead More

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