Mining Articles

Coro Mining encouraged by latest drilling at Marimaca

13:13 25 Jan 2018 / Andrew Scott

Luis Tondo, president and chief executive of Coro Mining Corp (CVE:COP), discusses with Proactive encouraging results from their Marimaca copper project in Chile, plus adds further detail to the news that they've bought more claims next to the property.Drill results have been received for all 12 holes on the La Atomica claim, which adjoins Marimaca to the northwest, and for seven scout holes drill...Read More

Haydale Graphene 'moving up the value chain' and seeing strong growth

13:02 25 Jan 2018 / Andrew Scott

Ray Gibbs, chief executive of Haydale Graphene Industries PLC  (LON:HAYD), caught up with Proactive following their half-year trading update for the six months to the end of December 2017.Haydale reported a sharp pick-up in sales helped by the separation of its business into two units.Revenues rose by 67% to ?2.49mln ( ?1.49mln).  Meet Reward Minerals Ltd, Recce Ltd, Rimfire Pacific Min...Read More

RT @ArianaResources: Congratulations to #RYR #RoyalRoadMinerals - value of our position has gone up significantly!

Thu Jan 25 12:47:45 2018 / Ariana Resources plc

Proceeds from the private placement and financing will be used for exploration and development of the junior miner's projects in Colombia and Nicaragua.Read full newsRead More

RT @tbiesheuvel: Metals are going a bit nuts

Thu Jan 25 12:45:11 2018 / Thomas Biesheuvel

Asian shares traded lower Thursday after Trump administration officials' rhetoric on trade and the dollar roiled financial markets, sending the U.S. currency to its lowest level in three years and whipsawing stocks that had been buoyed by strong earnings.Read full newsRead More

RT @tbiesheuvel: Gold is on a great run

Thu Jan 25 12:43:14 2018 / Thomas Biesheuvel

Gold could hit levels last seen in 2013 if the dollar extends its slide and equity markets reverse.Read full newsRead More

De Beers Is digging up more diamonds than any time since 2008

Jan. 25, 2018, 12:10 PM / Bloomberg News

(Bloomberg) - De Beers mined more diamonds last year than any time since the global financial crisis of 2008.The company, a unit of Anglo American Plc, mined 33.5 million carats in 2017. That's a 22 percent jump from a year earlier, beating its own target. Production was boosted by its new Gahcho Kue mine in Canada and better market conditions.Still, it hasn't necessarily been a bumper year for g...Read More

Teck says Elkview incident to cost 200,000 tonnes in production

Jan. 25, 2018, 12:02 PM / Reuters

Jan 25 (Reuters) - Canada's Teck Resources said on Thursday it expects to lose coal production of about 200,000 tonnes due to an interruption at its Elkview coal mine in British Columbia.This comes a week after the miner reported a "significant pressure" event at the mine.Elkview will now produce steelmaking coal at about 80 percent of planned levels, Teck said.The Vancouver, Canada-based company...Read More

Papua Mining Plc 'in a great position' after exciting drill results at Plateau

11:35 25 Jan 2018 / Andrew Scott

David Price, chief executive of Papua Mining PLC's (LON:PML), tells Proactive's Andrew Scott that first drilling at the Plateau prospect in Australia has reinforced their view the prospect is geologically similar to the nearby Mt Wright gold mine.Plateau is in the vicinity of a number of major gold deposits such as Mt Leyshon, Pajingo, Mt Wright and Ravenswood.  Meet Reward Minerals Ltd, Recc...Read More

Botswana Diamonds stock crashes on lack of enough gems at Thorny River

Jan. 25, 2018, 9:30 AM / Cecilia Jamasmie

Shares in London-listed Botswana Diamonds (LON:BOD) were hit Thursday by the news that said sampling work at the company's Thorny River project in South Africa had failed to produce enough diamonds for an economic modelled diamond valuation.While chairman John Teeling said that further geological work would be conducted to determine the economic viability of the resource, the company's stock drop...Read More

Maple Gold to update Douay resource estimate in Q1

2018-01-25 09:29 / Mr. Matthew Hornor reports

Mr. Matthew Hornor reports MAPLE GOLD PROVIDES STATUS ON EXPECTED TIMING FOR UPDATED RESOURCE ESTIMATEMaple Gold Mines Ltd. has provided an update on timing for its next resource estimate update. The company's last National Instrument 43-101 inferred mineral resource estimate (2.8 million ounces at 1.05 grams per tonne goldusing a 0.5 g/t cut-off grade) was filed on April 11, 2017 (Micon 2017). Th...Read More

The AI Software That is Changing the Retail Industry

January 25, 2018 09:20:40 / Staff reporter

Anil Mall, President of Stockpools Inc. sat down with Kate Hiscox, President of Venzee Technologies Inc. (TSX-V: VENZ), to discuss how Venzee solves retails' biggest efficiency problem, spreadsheets.Venzee's technology, leveraging artificial intelligence to streamline product information management, allows thousands of vendors and retailers to seamlessly share information, avoiding delays and...Read More

Osisko Mining drills 8.9 m of 56.1 g/t Au at Windfall

2018-01-25 08:07 / Mr. John Burzynski reports

Mr. John Burzynski reportsOSISKO INTERSECTS 56.1 G/T AU OVER 8.9 METRES AT WINDFALLOsisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and ar...Read More

Canada's Gahcho Kue diamond mine boosts Anglo American output, but copper flat

Jan. 25, 2018, 7:07 AM / Cecilia Jamasmie

Global miner Anglo America (LON:AAL) saw its output climb 5% last year thanks mainly to its diamond and iron ore divisions, though copper production remained flat.The company said output at its diamond unit, De Beers, climbed 22% compared with the previous year to 33.5 million carats, as its Gahcho Ku?(C) mine reached full production.Gahcho Ku?(C), Canada's newest diamond mine and the world's larg...Read More

Freeport profit pops higher; miner makes progress in Indonesia

Jan. 25, 2018, 5:44 AM / Reuters

Freeport-McMoRan Inc, the world's second-largest copper miner by production, reported a bigger-than-expected jump in fourth-quarter profit on Thursday, lifted by stronger commodity prices and productivity gains.The Arizona-based company, which formed a framework agreement with Indonesia's government last August to secure a long-term permit for its massive Grasberg copper and gold mine, also said t...Read More

Anaconda Sitting On A Gold Mine

Thu Jan 25 02:38:05 2018 / Staff reporter

Commodities Analysis by The Gold Reportcovering: XAU/USD, Gold Futures, Copper Futures, Anaconda Mining Inc. Read The Gold Report 's latest article on Investing.comRead full newsRead More

Four Companies to Watch as the Gold Market Turns Upward

Thu Jan 25 01:07:17 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

SG Mining Announces ICO Crowdsale For Blockchain Based Gold Mining Business in Sudan

Thu Jan 25 01:07:16 2018 / Staff reporter

DUBAI, UAE / ACCESSWIRE / January 17, 2018 / Sudan Gold Coin (SGC Token), is among few Cryptocurrency that is backed by real physical assets. It is a unique combination of Real Gold Mining with Blockchain ...Read full newsRead More

Ivory Coast mining sector turnover rose 11.5 pct in 2017

Thu Jan 25 01:07:15 2018 / Staff reporter

(corrects figure to 'billion', from 'million', paragraph 2)Read full newsRead More

Ecuadoran gold mine secures project financing

Thu Jan 25 01:07:14 2018 / Staff reporter

Lundin Gold, a Canadian gold mining company, has secured a US$300mn project finance package for a gold resource in Ecuador. ...Read full newsRead More

Back Forty Mine opponents fear environmental impacts of mine during public comment

Thu Jan 25 01:07:12 2018 / Staff reporter

Hundreds of people against the Back Forty Mine proposal filled a high school gym in Stephenson, Michigan on Tuesday during a public comment session on the mine company's wetlands permit application.Read full newsRead More

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