Mining Stocks Articles

Scientists create "kagome metal"

Mar. 22, 2018, 4:12 PM / Valentina Ruiz Leotaud

Physicists from MIT, Harvard University, and Lawrence Berkeley National Laboratory have produced what the call "a kagome metal" - an electrically conducting crystal, made from layers of iron and tin atoms, with each atomic layer arranged in the repeating pattern of a kagome lattice.In a paper published in Nature, the scientists explain that their creation was inspired by Japanese kagome baskets, w...Read More

"We solve practical document managing problems in a very innovative ways," says GetBusy's Rabie

15:41 22 Mar 2018 / Polly Middlehurst

Daniel Rabie, chief executive of AIM-listed GetBusy Plc (LON:GETB) tells Proactive about its innovative document managing software for accounting firms and the successful year it had. "Our subscription rate grew 23%, we created operating leverage of 34% and opened some really exciting growth channels.""We had a really great first year and we are proud of the results", said Rabie.  Meet A...Read More

Lucara's blockchain platform Clara will modernise rough diamond market, says its new chief executive

15:28 22 Mar 2018 / Polly Middlehurst

Eira Thomas, chief executive and co-founder of Lucara Diamonds (TSE:LUC), tells Proactive that recent blockchain purchase Clara Diamonds will modernise the way that rough diamonds are sold. She explained: "Clara could be very lucrative for us in the longer term, and could be a significant revenue generator for us going out several years."Clara should be selling rough diamonds on its platform...Read More

Xeros shares spike higher on news of US acquisition

15:05 22 Mar 2018 / Calum Muirhead

Xeros Technology Group PLC (LON:XSG) saw its shares leap 11.5% in mid-afternoon trading to 164p after expanding its US coverage by acquiring Gloves Inc.The cleaning product developer said Gloves, a firefighter equipment maintenance company, was acquired for a cash consideration of US$800,000 with a further US$300,000 contingent on growth targets.Xeros said the acquisition, combined with its previo...Read More

Firesteel Resources Inc. Strengthens Mining Operations at Laiva Mine, Finland

Thu Mar 22 14:30:38 2018 / Staff reporter

Firesteel Resources Inc. (TSX.V:FTR) ('FTR') today announced that it has appointed Vern Langdale as Mine Manager of the Laiva Mine in Finland. The mine is expected to start production in the third quarter of 2018. The team at Laiva will benefit from Vern's extensive international mining and project management experience.Read full newsRead More

Velocity Announces $3.5M Non-Brokered Private Placement

Thu Mar 22 14:28:38 2018 / Velocityminerals

Velocity Minerals Ltd. (TSXV:VLC) ("Velocity" or the "Company") announces a non-brokered private placement (the 'Financing') of up to 17,500,000 units (the 'Units') priced at $0.20 per Unit to raise total gross proceeds of up to $3.5 million.Read full newsRead More

Blackrock Moves Forward with the Silver Cloud Project

Thu Mar 22 14:16:10 2018 / Staff reporter

Blackrock Gold Corporation (TSXV: BRC) (the 'Company') is pleased to announce that it has received final acceptance from the TSX Venture Exchange (the 'Exchange') for the Silver Cloud project in Elko, Nevada, details of which were announced in the Company's news release dated October 31, 2017.Read full newsRead More

'Global Synchronous Recovery' Narrative Crushed As US, EU PMIs Plunge | Zero Hedge

Thu Mar 22 14:07:05 2018 / Staff reporter

Following the collapse of Europe's Composite PMI (to 14-month lows), US Composite PMI slipped notably from one-year highs. So much for the 'global synchronous recovery' narrative.Read full newsRead More

Filo Mining Reports 2017 Results

Thu Mar 22 13:35:22 2018 / Staff reporter

Filo Mining Corporation (TSXV:FIL) (Nasdaq First North:FIL) ('Filo Mining' or the 'Company') is pleased to announce its results for year ended December 31, 2017.Read full newsRead More

Landmark funding announced for Canada's largest First Nations led infrastructure project

Mar. 22, 2018, 12:43 PM / GlobeNewswire

THUNDER BAY, Ontario, March 22, 2018 (GLOBE NEWSWIRE) - One of the most ambitious and transformative infrastructure projects in Canada's history got the green light today with the Government of Canada and the Government of Ontario announcing funding for the Wataynikaneyap Power Transmission Line Project ("the Project") in the aggregate amount of $1.6 billion. The funding framework allows for a v...Read More

BHP sees limited impact on steel market from US new tariffs -exec

Mar. 22, 2018, 12:19 PM / Reuters

TOKYO, March 22 (Reuters) - Global miner BHP anticipates planned new U.S. steel import tariffs will have a limited impact on both the steel market and the firm, and doesn't foresee a chain reaction from other countries, a senior official said on Thursday."I think direct impact on steel is quite marginal because the United States is not such a big steel producer," Arnoud Balhuizen, chief commercial...Read More

As commodities roar, Africa wants bigger slice of mining pie

Mar. 22, 2018, 12:05 PM / Bloomberg News

(Bloomberg) - One by one, the biggest names in African mining are getting squeezed. The tactics might be blunt, but the message is clear: the countries where they operate want a bigger share of the proceeds.The collapse in commodities through 2015 hobbled some of Africa's biggest resource economies, stunting growth and leaving budgets short. Since then a recovery in prices has sent the continent'...Read More

Kinross Gold receives the US mining industry's top safety certification

Mar. 22, 2018, 11:20 AM / National Mining Association

The National Mining Association (NMA) has recognized Kinross Gold Corporation for receiving independent certification under its CORESafety (R) system. Kinross, one of the leading gold mining companies in the world, is the eighth NMA member company to complete each step of this process."We congratulate Kinross on starting out 2018 with this noteworthy accomplishment in mine safety and health," sai...Read More

South Africa's Transnet signs new manganese deal with South32

Mar. 22, 2018, 11:03 AM / Reuters

CAPE TOWN, March 22 (Reuters) - South Africa's state-owned freight company Transnet has signed a new deal with manganese miner South32 to export 2.6 million tonnes a year of the mineral to European and Chinese markets, the companies said on Thursday.South Africa accounts for close to 75 percent of global manganese reserves, Transnet said. The firm, which operates nearly three-quarters of the Afric...Read More

Lucara Diamond and Strongbow Exploration have swapped CFOs |

Thu Mar 22 10:47:51 2018 / Staff reporter

Zara Boldt and Glenn Kondo take each other's placesRead full newsRead More

Pan Orient Reports Year End Financial Resutls

2018-03-22 10:33 / Mr. Jeff Chisholm reports

Mr. Jeff Chisholm reportsPAN ORIENT ENERGY CORP. 2017 YEAR END FINANCIAL AND OPERATING RESULTSPan Orient Energy Corp. has released its fiscal 2017 and fourth quarter consolidated financial and operating results.The company is filing its audited consolidated financial statements as at and for the year ended Dec. 31, 2017, and related management's discussion and analysis with Canadian securities reg...Read More

Kirkland Lakd Declares Quarterly Dividend Cad$0.02

2018-03-22 09:56 / Mr. Anthony Makuch reports

Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD DECLARES QUARTERLY DIVIDEND PAYMENT Kirkland Lake Gold Ltd. has declared a quarterly dividend payment of two cents per common share, payable on April 13, 2018, to shareholders of record as of the close of business on March 29, 2018. The payment represents the fourth quarterly dividend payment made to shareholders following the company's adoption of a di...Read More

#PBOC Raises Interest Rate On Open Market Operations | Zero Hedge

Thu Mar 22 09:22:28 2018 / Staff reporter

The PBOC once again raised the 7-Day repo rate from 2.50% to 2.55%, continuing the tradition of raising reverse repo rates in response to Fed rate hikes.Read full newsRead More

#China Trade War Begins at 1230ET Tomorrow | Zero Hedge

Thu Mar 22 09:22:15 2018 / Staff reporter

It's official - barring a weather delay - the China trade war will commence tomorrow at 1230pm ET when President Trump will sign an executive order unleashing $50 billion worth of tariffs over IP violations.Read full newsRead More

Corvus Gold drills 7.5 m of 21.77 g/t Au at Mother Lode

2018-03-22 08:14 / Mr. Jeffrey Pontius reports

Mr. Jeffrey Pontius reportsCORVUS GOLD DRILLS HIGH-GRADE, 7.5 METRES OF 21.77 G/T GOLD IN NEW EAST HIGH-GRADE ZONE AT THE MOTHER LODE PROJECT, NEVADACorvus Gold Inc. has received additional results from two holes which are evaluating the eastern extension of the Mother Lode deposit.The company believes that these new holes continue to define a new high-grade area of the east zone of the deposit as...Read More

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