Mining Articles

Gold price: ETF holdings jump to near 5-year high

Jan 24 2018 / Frik Els

On Tuesday, gold climbed back towards the $1,340 an ounce level bringing gains since mid-December to nearly $100 an ounce or 8%. Large-scale speculators have been increasing their exposure to gold on derivatives markets doubling net long positions - bets that gold will be more expensive in future - in the space of three weeks to the equivalent of 20m ounces. Retail and institutional investment i...Read More

Higgins interviewed by Grand Rapids Press about PFAS-contaminated drinking water

January 24, 2018 / News room

Christopher Higgins, associate professor of civil and environment engineering at Colorado School of Mines, was recently featured in a Grand Rapids Press/MLive.com article about a Michigan town whose drinking water may have been contaminated with poly- and perfluoroalkyl substances (PFAS). Higgins co-authored a 2014 study on the ability of conventional water treatment plants to filter out PFAS,...Read More

BCSC-banned Hable reappears with new name

January 24, 2018 / Mike Caswell

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellThe B.C. Securities Commission has issued a warning about Volkmar Guido Hable, a former resident of Whistler who was fined and banned for a 2013 manipulation. The BCSC says that Mr. Hable has changed his name and has a new business called DeMedici Cap...Read More

SEC defendant Almagarby protests charges

January 24, 2018 / Mike Caswell

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellIbrahim Almagarby, a Florida man accused by the U.S. Securities and Exchange Commission of improperly selling 7.4 billion shares in a group of companies (including at least four Canadian listings), has asked that a judge dismiss the case. He says that...Read More

Energy Summary for Jan. 22, 2018

January 24, 2018 / Stockwatch Business Reporter

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterWest Texas Intermediate crude for February delivery gained 12 cents to $63.49 on the New York Merc, while Brent for March gained 42 cents to $69.03 (all figures in this para U.S.). Western Canadian Select traded at a discount of $26.75...Read More

Xanadu Mines: Kharmagtai Continues to Grow

Jan 24 2018 / Xanadu Mines

ASX: XAMwww.xanadumines.com Mr. Andrew Stewart reports:West Perth, WA / January 24, 2018 / JMN Wire / Xanadu Mines Ltd (ASX: XAM) ("Xanadu" or "Company") is pleased to provide an update on exploration activities currently being undertaken at its flagship Kharmagtai copper and gold project located in the South Gobi region of Mongolia (Figures 1 and 2). The accelerated exploration programme continue...Read More

Piedmont Lithium: Commencement of Scoping Study for Piedmont Lithium Project in North Carolina

Jan 24 2018 / Piedmont Lithium

ASX: PLLwww.piedmontlithium.com Mr. Keith Phillips reports:West Perth, WA / January 24, 2018 / JMN Wire / Piedmont Lithium Limited (ASX: PLL) ("Piedmont" or "Company") is pleased to announce the appointment of Primero Group and CSA Global to commence and manage a Scoping Study ("Scoping Study") on the Company's Piedmont Lithium Project ("Project"), located within the world-class Carolina Tin-Spodu...Read More

Commerce secretary gives Trump options to fight steel and aluminum dumping, including higher tariffs - by Lori Ann LaRocco (CNBC - January 22, 2018)

Jan 24 2018 / Staff reporter

https://sg.finance.yahoo.com/Commerce Secretary Wilbur Ross has recommended to President Donald Trump a wide range of options to deal with aluminum and steel dumping in the U.S., including potentially higher tariffs, sources told CNBC.The options also include specifically targeting “bad actors” in other countries that are active in imports of the metals. Trump and his administration an...Read More

Housing Market Supply And Demand:Just The Facts

January 24, 2018 / admin

"Housing - people are insane if they think housing isn't going to get crushed with rising rates. As you outline often, it's already happening in ( NY, Den, etc. ) I live in LA and most of my friends/ coworkers are telling me how dumb I am to not jump in. I know to just stay quiet, but I think they are about to walk into a buzz saw (again)." - email from a subscriberThe National Association of Real...Read More

Comstock Metals releases updated and improved metallurgical recoveries at Preview

Jan 24 2018 / Staff reporter

We had been waiting to see Comstock Metals' (CSL.V) metallurgical test results on the Preview SW Deposit in Saskatchewan, but the company has now finally released the results of a new study. The test work was focusing on confirming the results of the 2013 test work, as well as zooming in on the results of producing gravity and flotation concentrates.The new results are in line with the expectation...Read More

Royal Road shares up 19% as Barrick Gold takes bigger stake

January 24, 2018 / Resource World

Typical stacked gold-bearing quartz-carbonate veins at the Royal Road La Golondrina property in Narino Province, Colombia. Source: Royal Road Minerals Ltd.Barrick Gold Corp. [ABX-TSX, NYSE] has agreed to acquire a 12.5% stake in Royal Road Minerals Ltd. [RYR-TSXV] in a share exchange deal worth about $1.6 million. Under the agreement, Toronto-based Barrick will acquire 9.8 million Royal Road share...Read More

Bombardier Rail on Track to Grow 10% in 2018: Division Head

January 24, 2018 / Staff reporter

Bombardier Inc.'s (TSX:BBD.B) train business Chief expects the rail growth will help boost Bombardier's total sales to $20 billion by 2020SmallCapPower | January 24, 2018: Bombardier Inc. (TSX:BBD.B), one of the world's leading manufacturers of both planes and trains, expects to see another year of 10% sales growth from its train segment, which will help boost its total sales to $20 billion by 202...Read More

Arizona Mining rallies on high grade assay news from Hermosa

January 24, 2018 / Resource World

Drilling the Taylor deposit at Arizona Mining's Hermosa Project in Santa Cruz County, Arizona. Source: Arizona Mining Inc.Arizona Mining Inc. [AZ-TSX; WLDVF-OTC] on Wednesday January 24 reported high-grade zinc-lead and silver values in drill holes results from its 100%-owned Hermosa Project in Santa Cruz County, Arizona.These results are part of a 55,000-metre infill and step-out drilling that wi...Read More

While FBI Investigation Distracts, Bundy Ranch Case Quietly Dismissed

January 24, 2018 / The Daily Bell Staff

The FBI Trump investigation is perfect fodder for the mainstream media. It fits the right versus left paradigm like a glove.It gives each side everything they desire. An enemy to hate. Someone to blame. And a good show.For the right, the text messages between agents on the investigation team prove that there was an anti-Trump bias. They feel vindicated in their choice of Trump. If he wasn’t...Read More

Zinc price will vault $4,000 within months - report

Jan 24 2018 / Frik Els

Zinc pulled back on Wednesday to below $3,400 a tonne, but stayed within shouting distance of the best levels since August 2007 as worries about global stocks of the metal, mainly used in galvanizing steel, continue to support prices.In a research report consultants Wood Mackenzie said the combination of scheduled mine closures, top producer Glencore's strategic cuts and the impact of environmenta...Read More

Vancouver junior surges 60% after Africa cobalt deal

Jan 24 2018 / Frik Els

Shares in M2 Cobalt Corp (CVE:MC) were off to the races on Wednesday after the company announced the acquisition of exploration licenses in east Africa and resumed trading in Toronto.During lunchtime trade the Vancouver-based junior was exchanging hands for $1.00 up 61.3% after a halt on trading on the TSX Venture Exchange in place since November was lifted. Around 67,000 shares were traded givin...Read More

Pacifico raises $750k to fund McArthur basin exploration

Jan 24, 2018 / finfeed

Published on: Jan 24, 2018 | by finfeedPacifico Minerals Ltd (ASX:PMY) is pleased to announce that the company has received binding commitments to raise ~A$750,000 through a placement of approximately 125 million new fully paid ordinary shares, at an issue price of 0.6 cents per share.Those participating in the placement are likely to also receive a free attaching unlisted option on the basis of o...Read More

Mines students qualify for 2018 NASA Mars Ice Challenge

January 24, 2018 / News room

A student team from Colorado School of Mines has qualified for the finals of the NASA Mars Ice Challenge for the second year in a row.Team MINERS, short for Martian Ice New-age Extraction and Recovery System, will be one of 10 collegiate teams facing off in the on-site technology demonstration and water extraction competition at NASA Langley Research Center on June 6-8. For the competition, stude...Read More

Carre??n honored by magazine for innovative research work

January 24, 2018 / News room

Mois?(C)s Carre??n, associate professor of chemical and biological engineering at Colorado School of Mines, was one of 10 successful Mexican personalities in the United States featured in the September 2017 issue of ?Hola! magazine.Carre??n's distinguished academic career and outstanding, innovative research earned him a spot on the list. In 2013, Carre??n received the Presidential Early Career A...Read More

Arizona Mining Reports Additional High-Grade Areas at Taylor Deposit

Jan 24 2018 / Arizona Mining

TSX: AZwww.arizonamining.com Mr. James Gowans reports:31 feet assaying 40.9% combined zinc-lead; and 11.7 opt silver-  within 81 feet assaying 27.1% combined zinc-lead; and 6.8 opt silver81 feet assaying 30.0% combined zinc-lead; and 8.3 opt silver137 feet assaying 14.5% combined zinc-lead; and 3.0 opt silverVANCOUVER, British Columbia, Jan. 24, 2018 (GLOBE NEWSWIRE) -- Arizona Mining Inc. (T...Read More

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