Popular News

Maritime to make decision on Hammerdown this year

February 21, 2019 / www.mining.com

Maritime Resources Corp. of Toronto says 2019 will be a critical year for the company. It plans to advance its Hammerdown gold project in the hope of making a production decision by year-end.The past-producing Hammerdown gold mine, Orion gold deposit, and Lochinvar base and precious metals deposit make up Maritime's Green Bay property near Springdale. Activities this year will include project engi...Read More

Bob Moriarty:

February 20, 2019 / marketsanity.com

In Energy & Gold's latest conversation with 321gold founder Bob Moriarty we are treated to some Continue...Read More

Luke Gromen: Central Bank Gold Buys Accelerating

February 21, 2019 / marketsanity.com

Luke discusses his background as a research analyst which led him into data aggregation research at an institutional firm. He argues that everything is in a bubble and Gold is arguably the cheapest asset relative to history. Investors should watch the value of gold by comparing the market value of the United States official gold holdings to the amount of foreign-held treasury bonds outstanding. In...Read More

British Columbia's mining revenue expected to drop by 25% by 2022

February 21, 2019 / www.mining.com

As expected, curbs placed on B.C.'s housing market have resulted in lower new housing starts and a loss of about $325 million from property transfer taxes.Last year's budget installed tax curbs to slow down B.C.'s runaway housing market, including increases to the property transfer and school taxes on homes valued over $3 million, and a new real estate speculation tax.But the government isn't coun...Read More

Teranga completes initial resource on Golden Hill

February 21, 2019 / www.mining.com

After 18 months of drilling at its Golden Hill exploration project in southwestern Burkina Faso, Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has completed a maiden resource estimate.The plan is to build on the resource and advance the project through a preliminary economic assessment and into the feasibility stage of development.Golden Hill contains 415,000 ounces of gold in 6.40 million indicated tonn...Read More

Barsele updates resource on Agnico JV in Sweden

February 21, 2019 / www.mining.com

Barsele Minerals (TSXV: BME; US-OTC: BRSLF) has tabled an updated resource estimate for its Barsele gold project in northern Sweden totaling 5.5 million indicated tonnes grading 1.81 grams gold per tonne for 324,000 oz. gold and 25.4 million inferred tonnes at 2.54 grams gold for 2.08 million oz. gold.The resource is split between pit constrained, bulk underground and selective underground mining...Read More

AMCU plans to extend Sibanye gold strike to other South African miners

February 21, 2019 / www.mining.com

* AMCU extends Sibanye gold strike to platinum* AngloGold, Lonmin, Harmony, Amplats served union strike notices* Lonmin shares down (Adds other firms, Sibanye comment, detail)Workers led by South Africa's Association of Mineworkers and Construction Union (AMCU) plan to down tools at gold and platinum mines next week in support of colleagues at Sibanye-Stillwater who are striking over wages and job...Read More

Newmont Mining profit beats on higher gold output, lower costs

February 21, 2019 / www.mining.com

Gold miner Newmont Mining Corp beat analysts' estimates for quarterly profit on Thursday, boosted by higher gold production in its Colorado and Ghana mines and lower costs.The company is set to overtake Barrick Gold Corp as the world's largest gold producer following its acquisition of rival Goldcorp Inc, which is expected to close in the second quarter.Newmont's gold production rose nearly 8 perc...Read More

Canadian miners had a tough 2018, but optimism remains - EY

February 21, 2019 / www.mining.com

Canadian miners continued going down the slippery slope in the last three months of 2018 due mostly to weak commodity prices, triggered by a slowdown in China's economy near the end of the year, the latest report by Ernst & Young (EY) reveals.As a result, EY's Canadian Mining Eye index - which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mi...Read More

Spanish Mountain Gold's BC project passes archaeological test

February 21, 2019 / www.mining.com

Spanish Mountain Gold (TSXV: SPA) is one step closer to developing its namesake project in British Columbia following the acceptance by local First Nations of the results of an independent archaeological impact assessment.In a press release, Spanish Mountain said the survey found the investigated area to have sustained previous disturbance through extensive forestry-related and placer mining activ...Read More

Kirkland Lake Gold sets 2019 production guidance at a million ounces

February 21, 2019 / www.mining.com

Canada's Kirkland Lake Gold (TSX. NYSE: KL) announced today that management increased its consolidated three-year production guidance and improved its unit-cost guidance for 2019.In a press release, the miner said that there is potential for a million ounces in 2019 as guidance was increased to 920,000 - 1,000,000 ounces from the previously announced 740,000 - 800,000 ounces.For next year, Kirklan...Read More

Lundin Gold to step up exploration in Ecuador after securing $30m in financing

February 21, 2019 / www.mining.com

Canada's Lundin Gold (TSX:LUG), the company that plans to kick off production at its Fruta del Norte gold project in Ecuador later this year, will boost exploration in the country thanks to C$40.5 million (about $30.8m) in financing secured this week.A syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, has agreed on a bought deal basis to buy 7.5 million shares at $5.40...Read More

Canadian Minerals Firm to Start Drill Program at Mexico Project

February 21, 2019 / www.theaureport.com

The new campaign follows the 2018 release of an NI 43-101 resource update for the asset. Silver Bull Sierra Mojada ProjectSilver Bull Resources Inc. (SVB:TSX; SVBL:NYSE.MKT) announced in a news release it will soon commence an 8,000-meter surface drill program at its Sierra Mojada project in Coahuila, Mexico, which is highly prospective for silver and zinc.According to the company, the goal of t...Read More

Analyst Provides Early Glimpse at Gold Major After Merger

February 21, 2019 / www.theaureport.com

A Haywood report presented Q4/18 and full-year 2018 results pre-merger and 2019 guidance post-merger for this miner. In a Feb. 14 research note, analyst Kerry Smith reported Barrick Gold Corp.'s (ABX:TSX; GOLD:NYSE) 2018 financials were a "slight miss," but 2019 guidance is "in line with our expectations." Smith summarized the salient figures. Barrick's 2018 cash flow was $1.94 billion, or $1.66...Read More

Miner 'Nears the Finish Line' with Construction of Gold Mine Start-Up

February 21, 2019 / www.theaureport.com

This Canadian company's current production, and the impact its new Nevada operation will have on the numbers, were addressed in a ROTH Capital Partners report. In a Feb. 8 research note, analyst Jake Sekelsky reported McEwen Mining Inc. (MUX:TSX; MUX:NYSE ) should reach first production by the end of February 2019 at Gold Bar, its open-pit, heap-leach operation in central Nevada. Currently, McEwe...Read More

Millrock Resources Watching Neighbor's Drilling Closely

February 20, 2019 / www.theaureport.com

Gregory Beischer, the president, director and CEO of Millrock Resources, and Chris Van Treeck, the company's senior geologist, speak to Maurice Jackson of Proven and Probable about their varied projects, and discuss what their next-door neighbor's drilling in Alaska is finding.Maurice Jackson: Joining us for a conversation today is Gregory Beischer, the president, director and CEO of Millrock Reso...Read More

Jussie Smollett attack: Smollett charged with FELONY for filing false police report

February 20, 2019 / marketsanity.com

"I know this can be difficult emotionally, and we hope he doesn't do anything terrible. We want to make this as diplomatic as possible. In the end, this is only a class 4 felony.Continue...Read More

Vietnam's Formosa Ha Tinh hikes HRC offers by $40 per tonne on higher production costs

February 22, 2019 / www.metalbulletin.com

Major Vietnamese integrated steel producer Formosa Ha Tinh Steel has increased its new hot-rolled coil offers by $40 per tonne for April-delivery and shipment cargoes due to the recent increases in raw materials costs.The producer's SAE1006 HRC is now on offer at $535 per tonne on a cif basis, up $40 per tonne from $495 per tonne cif for iMarch-shipment materials. And its SS400 and pipemaking...Read More

Stocks Cool Off, Nasdaq Streak Snapped

February 21, 2019 / www.schaeffersresearch.com

Reports are circulating that the U.S. and China are seemingly nearing a trade agreementA mostly downbeat round of economic data resulted in a risk-off session on Wall Street today, which only compounded concerns about the economy highlighted by yesterday's Fed meeting minutes. On top of a surprise drop in core capital goods orders in December, as well as disappointing numbers from the housing spac...Read More

The Volatility Prediction Tool with 77.6% Accuracy

February 21, 2019 / www.schaeffersresearch.com

A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More

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