Africa-focused drilling services firm Capital Drilling (LN:CAPD) has converted a short-term deal for Resolute Mining's (AU:RSG) Mali operations into a three-year contract, continuing a refocus for the group away from operations in Tanzania where miners are currently struggling with government relationships.A three-year deal with Resolute Mining in Mali is helping Capital Drilling diversify away fr...Read More
April 11, 2018 (Investorideas.com Newswire) The Responsible Mining Index 2018, covering companies that produce 25% of all mined commodities globally, is launched in Geneva, Switzerland today. Among the key findings are:The vast majority of the assessed mining companies show responsible policies or practices on several economic, environmental, social and governance (EESG) issues. However, very few...Read More
Vancouver, British Columbia - April 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) EMX Royalty Corporation (TSXV: EMX) (NYSE: EMX) (the "Company" or "EMX") is pleased to announce the execution of a purchase agreement (the "Agreement") for the Njuggtr??skliden and Mj??vattnet nickel-copper-cobalt projects in Sweden (the "Projects"), the latest of a series of transactions with Boreal Energy...Read More
At a Society for Mining, Metallurgy & Exploration (SME) event nearly 40 years ago an American mining engineer told an incredulous computer programmer and one-time physicist from Melbourne his mine optimisation software wasn't going to cut it - certainly not in the US of A. "My granddaddy showed me how to mine, and that's good enough for me," Jeff Whittle this week recalled hearing all those years...Read More
Vancouver, British Columbia - April 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce its gold production and gold revenue for the first quarter of 2018. All dollar figures are in United States dollars unless otherwise indicated.First Quarter 2018 HighlightsRecord quarterly consolidated...Read More
Vancouver, British Columbia - April 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Rise Gold Corp. (CSE: RISE) (OTC Pink: RYES) ("Rise" or the "Company") announces a non-brokered private placement of up to 35,000,000 units at a price of CDN$0.10 per unit for gross proceeds of CDN$3,500,000 (the "Private Placement"). Each unit will consist of one share of the Company's common stock and one...Read More
Granada Gold Mine Inc. (TSXV:GGM) is preparing for a bankable Feasibility Study in 2018Angela Harmantas | April 11, 2018 | SmallCapPower: It has been a busy year for Granada Gold Mine Inc. (TSXV:GGM) leading into PDAC 2018. After undergoing a rebranding in early 2017, the Company put drills in the ground at the Granada gold project in Quebec to further define the resource. In January 2018, Grana...Read More
Shares in Pretium Resources Inc (NYSE:PVG) surged on Wednesday after the company announced blockbuster production numbers from its Brucejack gold-silver mine in British Columbia.During early afternoon trade the Vancouver-based producer was exchanging hands for $8.27 a share, up 19.4% on the New York Stock Exchange, in massive volumes of more than 8m shares traded. Pretium is now worth $1.5 billion...Read More
The price of gold shot to an 11-week high on Wednesday as escalating geopolitical risks saw investors seeking safe haven assets.Gold reached its highest point since January 25 after the most active gold futures contract on the Comex market in New York jumped 2% from its opening levels to reach $1,369.40 an ounce.Get ready Russia, because they will be coming, nice and new and 'smart!'Wednesday saw...Read More
A new interdisciplinary professional degree program at Colorado School of Mines will provide engineers with the knowledge and skills needed to drive the next generation of technologies and products in the transformative and fast-growing field of advanced manufacturing. Beginning fall 2018, Mines will be among the first universities in the U.S. to offer graduate-level degrees in advanced manufactu...Read More
Take a slice of the Earth's surface and it might look a little like the tabletop sand tanks that a group of local high school students experimented with during a visit to Colorado School of Mines. Clean, clear water flowed through the model, the layers of sand, gravel and clay mimicking the properties of unconfined and confined aquifers. That was before the student scientists injected a "polluta...Read More
It's an extraordinary story about an extraordinary man who became one of the most legendary entrepreneurs in Canadian history.But at its core it is also a love story. It's a tale about Peter Munk's life-long romance with Canada - the country that welcomed him after he and 14 members of his family fled Hungary and the Nazi's death camps in the final year of the Second World War.Since then the iconi...Read More
Senior mining executive and resource financier Stephen R. Dattels joined Barrick Gold in the early 1980s and was one of the key executives during its formative years, where he was involved in the company's growth from a $10-million capital base to a more than $2-billion market capitalization when he left the company in 1987. Dattels kindly agreed to an interview about his friend and former colleag...Read More
Following its acquisition of the Salobro Zinc Project from Vale and IMS Engenharia Mineral, Emerita Resources (TSXV: EMO) has received the necessary permits to start a diamond drilling campaign at the 1,209.75-hectare site, located in the southeastern state of Minas Gerais.In a press release, the Toronto-based firm said that it is targeting completion of the revised resource by the end of Q2/2018,...Read More
Perth-based South32 (ASX, LSE, JSE: S32) announced today that it plans to appeal the ruling issued on March 16, 2018, by Colombia's Constitutional Court demanding that the company paid damages to Indigenous and Afro-Colombian communities affected by its operations in the northern Cordoba province. The court overturned a previous decision and accepted as valid arguments and evidence presented by co...Read More
http://www.northernminer.com/In this issue of The Northern Miner and at an event at our Canadian Mining Symposium at Canada House in London on April 24 and 25, we are awarding to Barrick Gold founder Peter Munk our Lifetime Achievement Award for transforming Barrick over several decades from a small producer into the world's biggest gold producer in gold output and market value.It's an award that...Read More
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,257.90, down 4.24 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up four cents, or 0.51 per cent, to $7.93 on 14.4 million shares.B2Gold Corp. (TSX:BTO). Miner. Up 14 cents, or 4.03 per cent, to $3.61 on 9.4 million shares.Champion Iron Limited (TSX:CIA). Miner. Down four cents, or 3...Read More
Morgan Stanley was recently out with a report that recommended selling shares of lithium companies because it expects a sharp drop in prices as new supply comes online.Morgan Stanley is wrong. Or it's late getting positioned in the lithium trend and is trying to send stocks lower so it can buy them.Either way, shame on Morgan Stanley.Here's its nutshell version: Lithium prices will drop 45% by 202...Read More
CloseGain/LossGold $1340.70+$3.40Silver$16.58+$0.08XAU81.94+1.09%HUI177.21+0.83%GDM621.01+1.18%JSE Gold1089.78-21.23USD89.62-0.22Euro123.57+0.36Yen93.24-0.47Oil$65.51+$2.0910-Year2.793%+0.013T-Bond145.90625-0.15625Dow24408.00+1.79%Nasdaq7094.30+2.07%S&P2656.87+1.67% The Metals: Gold dipped $6 to $1331.30 in Asia before it bounced up to $1342.40 in early afternoon New York trade and then dr...Read More
- Trump & Russia threaten each other as conflict over Syria escalates- U.S. Navy destroyer armed with tomahawks arrives off Syria, "harassed" by Russian warplanes- Heightened risk of war between Syria, Russia, Israel, UK & the U.S.- Russia & Iran will pay "big price" for gas attack - Trump- Trump will decide on response to Syria attacks "very soon"- Trade and economic war between Russia and U.S...Read More