Mining Stocks Articles

German scientists to build machine that speeds up urban mining processes

Feb. 23, 2018, 4:53 PM / Valentina Ruiz Leotaud

Scientists at the Fraunhofer Institute for Laser Technology ILT in Aachen, Germany, want to build a machine that is able to disassemble two mobile phones in one minute and remove its components to, later on, extract metals from them.The process is known as urban mining and it aims to recover raw materials such as copper, silver, gold, neodymium, and tantalum from old electronic devices. The metals...Read More

Stratabound Announces Private Placement to Prepare for Golden Culvert Project Exploration

Fri Feb 23 16:21:35 2018 / Staff reporter

Stratabound Minerals Corp. (TSX-V:SB) ("Stratabound" or "the Company") is pleased to announce a non-brokered private placement (the "Private Placement") offering of up to 7,272,727 units (the "Units") of the Company, at a price of $0.055 per Unit, for gross proceeds of up to $400,000.Read full newsRead More

Gold is nearing what could be an ultra-bullish key level

Fri Feb 23 15:28:15 2018 / Staff reporter

Matt Maley, equity strategist with Miller Tabak, is eyeing a key level in the gold chart.Read full newsRead More

Wallbridge Mining Company Featured on CBC

Fri Feb 23 15:25:12 2018 / Wallbridge Mining

Wallbridge Mining Company (TSX:WM, FWB:WC7) got featured on CBC for hosting and training a group of geologists called Next Gen Geo to get jobs in the mining industry.Read full newsRead More

Juicy dividend makes Lloyds'pick of the bunch' - Interactive Investor's Richard Hunter

14:51 23 Feb 2018 / Andrew Scott

Interactive Investor's Richard Hunter tells Proactive's Andrew Scott Lloyds Banking Group PLC (LON:LLOY) dished out bigger returns this week to shareholders after higher profits, stronger revenues and improved capital generation in 2017 ... however he says they're not out of the woods just yet.Hunter also looks back on Royal Bank of Scotland Group PLC (LON:RBS) which reported its first full year p...Read More

Strategic Minerals' new director Jeff Harrison in studio

14:11 23 Feb 2018 / Andrew Scott

John Peters, managing director at Strategic Minerals Plc (LON:SML), sat down in the Proactive studio with the company's  new non-executive director Jeff Harrison.Up for discussion: what's in the pipeline for Redmoor as well as the latest at Leigh Creek, Cobre and CARE.  Meet Scancell Holdings Plc, Advanced Blast & Ballistic Systems Ltd and TokenCommunities Plc at our event, London, 08 Ma...Read More

Oil price holds up well despite volatility and uncertainty

13:54 23 Feb 2018 / Eithne Treanor

Despite volatility and uncertainty in global markets, the oil price is holding up well.There was a surprise draw on US stocks and in early trading on Friday, Brent crude hit a two-week high above US$66 with WTI holding around US$62 a barrel.The oil price will always be a moving target with many influences outside the market's control.A drop in the dollar also helped, but the fall in US inventories...Read More

Spearmint Intersects Targeted Clay Formation on its Clayton Valley Lithium Prospect

Fri Feb 23 13:38:09 2018 / Staff reporter

Spearmint Resources' (TSXV:SRJ) ('SRJ' or the 'Company') wishes to announce that the first drill hole has been completed, reverse circulation hole, SMR-1.Read full newsRead More

Cyclacel looking to begin proof of concept study in CLL

13:36 23 Feb 2018 / Christine Corrado

CEO Spiro Rombotis from Cyclacel Pharmaceuticals (NASDAQ:CYCC) says the team is planning to initiate a translational clinical study to evaluate their drug CYC065 in combination with venetoclax in chronic lymphocytic leukemia (CLL).Rombotis says they expect to start enrolling patients in the first half and expects an output of data by the end of 2019. Rombotis says their $26 mln in cash will take t...Read More

Housebuliders step up to the podium in busy week of corporate earnings

12:13 23 Feb 2018 / Renae Dyer

Full year results from the UK's major lenders are out of the way but another busy week of corporate earnings awaits.The attention will switch from banks to housebuilders with Taylor Wimpey PLC (LON:TW), Persimmon PLC (LON:PSN) and Bovis Homes PLC (LON:BVS) among the raft of companies out with annual results. The property market has slowed since the Brexit vote but housebuilders have insi...Read More

Endeavour on track to pour first gold from Ity mine next year

Feb. 23, 2018, 11:08 AM / Cecilia Jamasmie

Shares in Canada's Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) got a boost Friday after the company announced it was on track to pour first gold at its Ity mine in Ivory Coast by mid-2019.Company is building a plant that will add 14 years of productive life to its Ivory Coast-based gold mine.The West Africa-focused firm said the $412-million construction project to upgrade Ity remained on-time and o...Read More

FDA allows ContraVir to start studies to move towards Phase 3

10:59 23 Feb 2018 / Christine Corrado

CEO James Sapirstein from ContraVir Pharmaceuticals (NASDAQ: CTRV) tells Proactive Investors they will save themselves 6-8 million dollars on the non clinical side by utilizing the 505(b)(2) Regulatory Pathway to streamline the development and registration of lead asset TXL for the treatment of Chronic Hepatitis B.  Meet Scancell Holdings Plc, Advanced Blast & Ballistic Systems Ltd and TokenC...Read More

It's been a big month for company results and you can find all our write-ups here:

Fri Feb 23 10:50:00 2018 / Staff reporter

Explore the leading publication for the global mining industry: Mining Journal provides an in depth analysis of the mining sector outlook and the latest developments.Read full newsRead More

Stanley Gibbons rises on funding deal, while Kingspan slumps

10:45 23 Feb 2018 / Jamie Ashcroft

10:45 am: Stanley Gibbons  rises on funding deal, while Kingspan slumpsStamp specialist Stanley Gibbons Group Plc (LON:SGI) shares advanced 0.49p or 10%, to trade at 5.34p, as it struck a deal to bring in ?19.45mln of new investment, which will also allow it to reduce its debt facilities to ?10mln.The deal will see the investor, Phoenix UK Fund, take a 58.09% stake in the company.Engineerin...Read More

Deal wizard of South African gold mining is scaring investors

Feb. 23, 2018, 10:41 AM / Bloomberg News

(Bloomberg) - Investors might be running out of patience with Sibanye Gold Ltd.'s colorful chief executive, Neal Froneman.The South African miner's stock plunged by a record 16 percent Thursday after the company warned it may consider selling assets, metals streams and - only as a last resort - new shares, if the recent strength in the rand persists.Sibanye is under pressure to reduce debt after...Read More

LightHouse Group 'in a better position than ever' with strong growth in revenues and earnings

10:25 23 Feb 2018 / Andrew Scott

Malcolm Streatfield, chief executive of LightHouse Group Plc (LON:LGT), tells Proactive they're a national financial adviser business which runs its affairs through three primary divisions.''One of which is Lighthouse Financial Advice which has about 150 advisers based up and down the UK and they service the 21 affinity groups that we have contracted relationships with - those being the primary tr...Read More

'It's the perfect time to be involved in crypto' - TokenCommunities' Alex Lightman

09:38 23 Feb 2018 / Andrew Scott

TokenCommunities' Alex Lightman looks back on his trip last week to the d10e conference in Silicon Valley in which he gave a keynote speech.''What I told people is that they're in the right place, at the right time ... this is the perfect time to be involved in the crypto industry as an investor, adviser .. now is the time to get in''.''Everybody was optimistic, I didn't meet a single person who w...Read More

Tahoe lost $18 million last quarter on Escobal mine reopening delays

Feb. 23, 2018, 8:46 AM / Cecilia Jamasmie

Tahoe Resources (TSX:THO)(NYSE:TAHO) lost $18 million, or 6 cents per share, in the fourth quarter of 2017 due to the ongoing shutdown of its flagship Escobal silver mine, in Guatemala.The Reno, Nevada-based company said adjusted loss was $17.7 million, which dramatically contrast with the $18.4 million profit logged a year ago.Net earnings for the whole year were also affected, with the miner po...Read More

Venture Life has sights set on expanding presence in US market

08:31 23 Feb 2018 / Andrew Scott

Jerry Randall, chief executive of Venture Life Group Plc (LON:VLG) tells Proactive they developed some new products last year which will be launching into the market this year.''We're also looking to acquire more products ... we've successfully acquired a number of products over the year and we're now at the stage where we've got a platform that has good operating leverage .... so new products and...Read More

New debt facility 'a big win' for Diversified Gas & Oil

08:16 23 Feb 2018 / Andrew Scott

Rusty Hutson, chief executive of Diversified Gas & Oil plc (LON:DGOC), tells Proactive they've negotiated a new US$500mln debt facility at less than half the cost of their previous arrangement.The five-year senior secured revolving credit facility has been led by Key Bank and will carry an interest rate of Libor + 2.5%-3.25% compared to Libor +8.5% currently.  Meet Scancell Holdings Plc,...Read More

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