Mining Articles

Deltex Medical slides after issuing shares at 1.25p a pop

15:30 23 Jan 2018 / John Harrington

Deltex Medical Group plc (LON:DEMG) saw its shares slide 0.2p to 1.35p after it cashed in on recent share price strength.The company, which makes oesophageal Doppler monitoring medical devices, raised ?1.75mln (gross) through the issue of 140mln shares at 1.25p a pop.The placing price was the minimum level at which the shares were to be issued, according to an earlier statement from Deltex.The fu...Read More

Granada Announces Private Placement

Tue Jan 23 14:49:01 2018 / Granada Gold Mine

Granada Gold Mine Inc. (TSXV:GGM) ("Granada Gold" or the "Company") announces a non-brokered private placement offering of up to 4,000,000 units ("Units") at a price of $0.25 per Unit for gross proceeds of up to $1,000,000.Read full newsRead More

ML Gold Begins Drilling at Stars

Tue Jan 23 14:45:16 2018 / ML Gold Corporation

ML Gold Corp. (TSXV:MLG) ('ML Gold' or the 'Company') is pleased to report it has intersected three long intervals with visible copper sulphide in the second, third, and fourth drill holes at its ongoing program at the Stars Project near the Huckleberry Mine in central BC.Read full newsRead More

Renforth Extends Parbec Gold Deposit Strike 60m with Gold in All 7 Drillholes

Tue Jan 23 14:40:40 2018 / Renforth Resources

Renforth Resources Inc. (CSE:RFR) ("Renforth" or the "Company") is pleased to announce that December 2017 drilling has extended the mineralized resource model horizons at Parbec by 60m on strike to the NW with gold intersected in each of seven holes.Read full newsRead More

France's Areva rebrands to Orano in dire uranium market

Jan. 23, 2018, 2:33 PM / Reuters

By Geert De ClercqPARIS, Jan 23 (Reuters) - French uranium mining and nuclear fuel group Areva rebranded itself as Orano on Tuesday, closing the book on a years-long restructuring but still facing an uncertain future, with uranium prices at decade lows and the nuclear industry in the doldrums.Chief Executive Philippe Knoche said a new name and logo were necessary to start another chapter in the hi...Read More

Cello Group eyeing further US healthcare expansion in 2018

12:26 23 Jan 2018 / Andrew Scott

Mark Scott, chief executive of Cello Group plc (LON:CLL) caught up with Proactive Investors to discuss their 2017 update.Scott says the group traded well in the period with continued strong growth from their Cello Health division.The group successfully integrated two US acquisitions into Cello Health, which augmented like-for-like growth, as a result of which the group expects to report a full-yea...Read More

Genius target Cerro de Pasco acquires El Metalurgista

2018-01-23 12:20 / Mr. Guy Goulet reports

Mr. Guy Goulet reportsGENIUS PROPERTIES LTD.: ACQUISITION BY CERRO DE PASCO RESOURCES S.A. OF A 100% INTEREST IN EL METALURGISTA CONCESSION On Jan. 12, 2018, Genius Properties Ltd. target Cerro de Pasco Resources S.A. exercised its option to acquire a 100-per-cent interest in the El Metalurgista concession located in Peru (where the so-called Quiulacocha tailings and Excelsior stockpile are locate...Read More

MaxCyte Inc gearing up for phase I study of potential cancer breakthrough

11:53 23 Jan 2018 / Andrew Scott

Doug Doerfler, chief executive of MaxCyte Inc (LON:MXCT), tells Proactive they're in a strong financial position as they prepare for the launch of a phase I clinical trial of a cancer treatment which helps to deploy the body's own immune defences to combat strains of the killer disease.Doerfler adds they're in active discussions with the US Food & Drug Administration to begin the study later t...Read More

Pretium shares tank after Brucejack ramp up disappoints

Jan. 23, 2018, 10:25 AM / Frik Els

Shares in Pretium Resources Inc (NYSE:PVG) tanked on Tuesday after the company announced disappointing production and cost forecasts from its Brucejack gold-silver mine in British Columbia.During lunchtime trade the Vancouver-based producer was exchanging hands for $7.95 a share, down 26.3% on the New York Stock Exchange, in massive volumes of more than 10m shares traded. Pretium is now worth $1.9...Read More

Instem's 'never been stronger' says CEO Phil Reason

08:21 23 Jan 2018 / Andrew Scott

Phil Reason, chief executive of Instem Plc (LON:INS), caught up with Proactive's Andrew Scott while in London to meet with some of the firm's customers.Reason touched on their recently won two-year SEND (Standard for the Exchange of Nonclinical Data) outsourced services contract plus gave a quick run through of second-half trading.He says the big priorities for them in 2018 include capitalising on...Read More

Osisko Mining drills 5.9 m of 415 g/t Au at Windfall

2018-01-23 08:07 / Mr. John Burzynski reports

Mr. John Burzynski reportsOSISKO INTERSECTS 415 G/T AU OVER 5.9 METRES AT LYNXOsisko 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 around...Read More

Skeena Resources drills 3.82 m of 91.56 g/t Au at Snip

2018-01-23 07:50 / Mr. Walter Coles reports

Mr. Walter Coles reportsSKEENA INTERSECTS 91.56 G/T GOLD OVER 3.82 METRES AT SNIPSkeena Resources Ltd. has released additional drill results from nine holes at the company's Snip gold project located in the Golden Triangle of British Columbia.Drilling highlights: UG17-044: 12.59 grams per tonne gold over 4.70 metres; UG17-053: 58.70 g/t Au over 1.15 metres; UG17-054: 30.40 g/t Au over 1.50 metres...Read More

Gold rally brightens the outlook for mining stocks

Tue Jan 23 02:31:09 2018 / Staff reporter

Gold mining stocks lagged behind the performance in prices for the precious metal last year, but they could surpass gold's rise in 2018.Read full newsRead More

Wisconsin tribe sues to block Michigan gold mine

Tue Jan 23 01:00:44 2018 / Staff reporter

MADISON, Wis. (AP) - A Wisconsin tribe is suing the federal government in hopes of blocking a proposed gold mine in Michigan's Upper Peninsula.Aquila Resources Inc. wants to dig the so-called Back Forty mine on the Menominee River but needs a state permit to fill wetlands.The river is a key part of Wisconsin's Menominee Indians' culture. The tribe filed a federal lawsuit Monday alleging Michigan l...Read More

Why Lowe's Companies, Inc. Could Be a Gold Mine for Income Investors

Tue Jan 23 01:00:42 2018 / Staff reporter

Few companies have been raising their dividends longer than this home improvement retail giant.Read full newsRead More

Anaconda Sitting On A Gold Mine

Tue Jan 23 01:00:41 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

The pope is visiting a Peruvian town 'absolutely destroying itself' for gold

Tue Jan 23 01:00:39 2018 / Staff reporter

Pope Francis visited Peru's famous Madre de Dios region on Friday. While many hoped he would address the region's rampant illegal gold mining, others are wary of the papal message.Read full newsRead More

Gold rally brightens the outlook for mining stocks

Tue Jan 23 01:00:37 2018 / Staff reporter

Gold mining stocks lagged behind the performance in prices for the precious metal last year, but they could surpass gold's rise in 2018.Read full newsRead More

Shell Summary for Jan. 22, 2018

January 23, 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 ReporterThe TSX Venture Exchange climbed 18.14 points to 898.58 Monday. Timothy McCunn's Percy Street Capital Corp. (PSC) plans to acquire Peter Abboud's Livewell Foods Canada Inc. as a qualifying transaction. Percy Street will issue shares to...Read More

Gold Summary for Jan. 22, 2018

January 23, 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 ReporterNew York spot gold rose $2.50 to $1,333.10 on Monday. The TSX Venture Exchange added 18.14 points to 898.58 while the TSX Gold Index lost 0.56 point to 197.08. Torex Gold Resources Inc. (TXG) led Canadian gold miners lower today, dropp...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok