"Aben Intersects Additional, Shallow High-Grade Gold Mineralization at the North Boundary Zone of the Forrest Kerr Project in BC's Golden Triangle @Aben_ABN https://t.co/DE2Oa1qdxV"Read full newsRead More
Denison Mines (TSX: DML) named the in-situ recovery (ISR) mining method for the development of the Phoenix deposit at the Saskatchewan Wheeler River uranium project, in the heart of the Athabasca basin.Canada's Athabasca Basin has become the prime destination for high-grade uranium, with grades in excess of 100 times global averages, Canada's Athabasca Basin has become the prime destination for...Read More
(Kitco News)- The mining sector continues to face a dearth of investorinterest, but gold mining companies need to focus on what is within theircontrol, according to one junior explorer executive.Hugh Agro, president and CEO of Revival GoldIn a recent interview with Kitco News, Hugh Agro, presidentand CEO of Revival Gold (TSX.V: RVG) said that companies need to build out new deposits andfocus on cr...Read More
In the past year, Vancouver's Oxygen Capital has raised $83 million for the startup mining companies in its stable.Most of that money would have been spent outside of B.C. on exploration and development, because until just recently, all of the companies that Oxygen has launched have been focused on later-stage exploration and discovery projects outside of B.C.But Oxygen Capital now has a B.C. comp...Read More
Victorio Palangdan, the mayor of the town of Itogon located in the northern Philippines' Benguet province, reported that typhoon Mangkhut caused a landfall on Saturday and that dozens of people, mostly small-scale miners and their families, were feared to have been trapped underneath the huge pile of mud and rocks.Palangdan told the Associated Press that three villagers who nearly got buried told...Read More
Boom. Bust. Rush. Crash.Read full newsRead More
Investing.com - Gold prices look likely to remain under pressure this week with the prospect of higher U.S. interest rates to the front of metal traders’ minds.The U.S. will see a relatively quiet week in terms of economic releases, with a report on the housing sector expected to draw the most attention.Economists reckon the data will do little to alter expectations that the Federal Reserve...Read More
Ivan Bebek, Executive Chairman and Director of Auryn Resources, provides update on his company's gold exploration projects in Canada and Peru.Read More
Christopher McFadden, CEO of NxGold, discusses with Maurice Jackson of Proven and Probable his company's two far-flung exploration projects.VideoAudioTranscriptMaurice Jackson: Joining us today is Christopher McFadden, the president, CEO, and director of NxGold where the focus is on high-grade gold in world-class districts.Mr. McFadden, for someone new to the story, who is NxGold Ltd. (NXN:TSX...Read More
Mr. Nav Dhaliwal reportsBONTERRA INTERSECTS 29.6 G/T AU OVER 3.0 M AT THE GLADIATOR GOLD DEPOSIT AS NEW HIGH-GRADE TRENDS CONTINUE TO EMERGEBonterra Resources Inc. has released the latest drilling results from the continuing resource development program at the Gladiator gold deposit, including an intersection of 29.6 grams per tonne gold over 3.0 metresat the South zone. This indicates the presen...Read More
The prime minister of the Democratic Republic of Congo will sign a decree in the coming days to designate cobalt and other minerals as "strategic" and therefore subject to higher royalties, Mines Minister Martin Kabwelulu said on Saturday.The change is part of a new mining code, which mining companies including Glencore and Randgold oppose as it axes tax exemptions and hikes royalties and profit t...Read More
CIBC has launched coverage of junior developer Equinox Gold (TSXV: EQX) with an outperform rating and a 12-18 month target price of $1.30 per share.The stock is currently trading at $1.07.The company, with assets in Brazil and California, was formed late last year through a three-way merger of Trek Mining, Newcastle Gold and Anfield Gold.Equinox expects to pour first gold from its Aurizona project...Read More
The metals continue to consolidate, giving more indications that the bottoms could be in. The consolidation phase is always the most challenging for traders. It is the time of most uncertainty. This phase may create false starts and stops because of the confusion. Consolidation is also known as the birth of markets and all markets go through this phase about 65% of the time. As we have written the...Read More
World's second largest gold producer Newmont Mining (NYSE:NEM) has acquired 19.9% of Canadian gold junior Orosur Mining (TSX, AIM:OMI), which recently closed operations in Uruguay and Chile to focus on Colombia.Through a placement worth $2 million, Newmont has acquired 29.2 million commons shares at a price of C9.1c (6.9 cents) each. The exploration and option agreement includes a three-phase ear...Read More
Gold has been and still is a favored investment commodity around the globe. But in today's challenging mineral commodity markets, investors are highly sensitive to a mine's production costs.Gold grade is a profitability driver for a mine; lower ore grades have a significant impact on production costs.According to GFMS' 2013 Gold Survey, the large increase in cash costs for the top gold miners in t...Read More
Vancouver- based GT Gold's (TSX.V: GTT) stock is trading at 75 cents following a discovery at the Saddle North target on its Tatogga property in BC's Golden Triangle.At market close, GT Gold's stock had risen 44 per cent. "The hole results and visual intercepts indicate possibly the most important new copper-gold-silver porphyry discovery in the northern part of the Golden Triangle"The 79-metre...Read More
(Bloomberg) - After more than two decades of improving mine safety since the end of apartheid, South Africa's progress has stalled with an increase in gold-mining deaths.More than 50 people have died in the country's mines in 2018, roughly the same number as this time last year. While annual death tolls are far lower than the 615 in recorded in 1993 - the last full year of apartheid - 2017 witnes...Read More
Sept 10 (Reuters) - Tahoe Resources Inc will work closely with Guatemalan officials and locals to resolve a dispute and resume operations at its flagship Escobal silver mine, one of the world's largest, Chief Executive Jim Voorhees said on Monday.Guatemala's Constitutional Court last week upheld the suspension of licenses at Escobal mine. The ruling was "disappointing" and "not the outcome we expe...Read More
The major silverminers’ stocks have been thrashed, pummeled to brutal multi-year lows. They suffered serious collateral damage assilver plunged on gold’s breakdown, driven by crazy-extreme all-time-recordsilver-futures short selling. All thistechnical carnage left investors reeling, devastating sentiment. The silver miners’ recently-reported Q2’18results r...Read More
"Pacton Gold Further Increases its Land Position in Western Australia Pilbara by Acquiring Rights to Gold-Bearing Conglomerate Portfolio @PactonGold https://t.co/JjILGyYmro"Read full newsRead More