The annual May sell-off arrives early for mining, but it could last a whileRead full newsRead More
Mr. Christian Milau reportsEQUINOX GOLD BEGINS MINING AT AURIZONA AND RECEIVES AWARD FOR MINING EXCELLENCE IN BRAZIL Mining activities are under way in the Piaba deposit at Equinox Gold Corp.'s Aurizona gold mine in Brazil. Construction remains on track to pour gold by late 2018. All dollar amounts are in U.S. dollars unless otherwise noted. Mining activities Mining is under way to prepare for go...Read More
Canada's Pangolin Diamonds (TSX-V:PAN) has found its first diamond at the Jwaneng South Project in Botswana, which is located about 100 km south of the Jwaneng diamond mine, the world's richest.Pangolin is led by Leon Daniels, the same geologist who discovered the kimberlite pipe that produced the giant Lesedi La Rona diamond. The white diamond, measuring about 1 mm, was recovered from a soil s...Read More
TORONTO ,April 24, 2018/CNW/ - RNC Minerals (RNX.TO) (Read full newsRead More
Canada's Centerra Gold said on Tuesday it had received an unsolicited bid for its Kumtor gold mine in Kyrgyzstan from Chaarat Gold Holdings (CGH) but that it had informed the London-listed company that it was not interested in the offer.Read full newsRead More
Canada's Centerra Gold said on Tuesday it had received an unsolicited bid for its Kumtor gold mine in Kyrgyzstan from Chaarat Gold Holdings (CGH) but that it had informed the London-listed company that it was not interested in the offer.Read full newsRead More
South Africa's Gold Fields reported lower production for the March quarter and flagged more challenges at its problematic South Deep mine on Wednesday, sending its share price sharply lower.South Deep, the company's last South African asset, has faced numerous operational obstacles in a tough geological setting 3 km (2 miles) below the surface and made a loss of 337.6 million rand ($27 million) in...Read More
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) dove Wednesday after the company reported marked drops copper and gold production during the first quarter of the year, due mostly to lower quality ore.Miner said it had expected to begin the year with poorer grades, but would move to higher quality ores as the year went on.The miner said copper output fell by 10.5% to 153,800 tonnes compared w...Read More
Insider buying and selling trends can be a signal to investors on what a management team may view as the future prospects of a company. At 5i Research, while we like to see insider buying we particularly like to see management teams holding a lot of shares over the long-term. This aligns management with the shareholders and if management is buying more shares on top of already holding a materia...Read More
The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canap?(C) and wine reception. Details on the presenting companies can be found below. This event is suitable for the following:Sophisticated & private investors, private client brokers, fund managers, financial instit...Read More
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 Reporter West Texas Intermediate crude for June delivery lost 94 cents to $67.70 on the New York Merc, while Brent for June lost 85 cents to $73.86 (all figures in this para U.S.). Western Canadian Select traded at a discount of $18.85 to WTI...Read More
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 Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a bleak 54-91-149. The TSX Venture Exchange fell eight points to 789 while polished diamond prices fell 0.2 per cent. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD...Read More
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 $5.60 to $1,329.80 on Tuesday. The TSX Venture Exchange fell 8.17 points to 789.24 while the TSX Gold Index added 1.97 points to 192.23. Barrick Gold Corp. (ABX) led Canadian gold miners higher, adding 57 cents...Read More
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 slipped 8.17 points to 789.24 Tuesday. Sheldon Pollack and Adam Adamou's halted OV2 Investment 1 Inc. (OVO) says it is "evaluating available options" for completing its QT. Last November, it arranged to acquire...Read More
South Africa's Kumba Iron Ore reported a 4 per cent increase in overall production in the first quarter that ended March 31, 2018.In a press release, Anglo American's (LON:AAL) subsidiary revealed that the growth was driven entirely by a 26 per cent increase at its Kolomela iron-ore mine, situated near Postmasburg town. The asset supplied 3.5 million tonnes of mineral during the first three months...Read More
FocusEconomics' April 2018 Consensus Forecast for Commodities shows a moderate downward trajectory for thermal coal in Q4 2018. Newcastle export prices are expected to drop to $88.00 a tonne because of new measures taken by the Chinese government to up production at domestic coal mines, suppressing the surge in import prices.Thermal coal prices peaked in January, reaching a one-year high of $109.0...Read More
Heap leaching has become a popular method of extracting gold, writes mining consultant Nicolaas C. Steenkamp and Leon Louw, writer, editor and specialist in African affairs and mining.Heap leaching is used to extract gold, copper, silver, uranium, and iodine. This method was first employed to extract copper at the Bluebird mine in the US in the early 1960s, and then by several gold mines in the we...Read More
I would have thought that after all of the fraudulent, illegal and unethical business activity for which Wells Fargo has endured, a situation placed in their lap by a concerned citizen would have received immediate attention. What's most appalling about the story below is the haughty indifference with which this potentially criminal complaint was treated by Wells Fargo employees. While Wells has r...Read More
Awal?(C) Resources (ARIC.V) has been notified by the authorities it has been granted a new gold permit in the Como?(C) district of Ivory Coast. This is the second permit of three application that form the Abengourou project, which now has a total surface area of 718 square kilometers.Awal?(C) has already started to do some work on the Abengourou project as it had previously been awarded the Amelek...Read More
The Mint Corporation (TSXV:MIT) intends to offer the blockchain-powered remittance solution to further deepen its relationship with licensed exchange house partners in the United Arab Emirates (UAE)SmallCapPower | April 25, 2018: The Mint Corporation (TSXV:MIT) announced on April 25, 2018, that its subsidiary, Mint Block Corp., is engaged in advanced discussions with a leading blockchain-powered p...Read More