Gattaca Plc (LON:GATC) was among the market's biggest faller in late afternoon trading, dropping 18% to 205p after a profit warning and on news its chief executive officer, Brian Wilkinson has tendered his resignation as he wishes to retire from full time executive roles.In a statement, the group said Wilkinson will step down from the board with immediate effect and the board has commenced the pro...Read More
Renforth Resources (CSE:RFR) is pleased to announce that stripping work completed in the Fall of 2017 has identified an ~565m2 bulk sample target area with an average grade of 0.76 g/t Au located in two veins.Read full newsRead More
Spearmint Resources (TSXV:SRJ) is pleased to announce that it has received the NOI (Notice of Intent to Drill) from the State of Nevada Commission On Mineral Resources to drill it's 100 percent owned Clayton Valley lithium prospect.Read full newsRead More
The price of no asset can move up or down in a straight line, so why should mining stocks be any different? They have been declining relentlessly for almost 2 weeks, erasing more than 10% of their value. Sharp? Definitely. Unsustainable? Perhaps. When will the turnaround take place? It depends.It depends on the bullish signs and confirmations that we get. The correct question to be asking now is:...Read More
Jim Phillips, chief executive at Midatech Pharma Plc (LONMTPH, NASDAQ:MTP), updates Proactive's Andrew Scott on their three high-value, lead programmes progressing through pre-clinical and clinical development.The key to each of those programmes is Midatech's technology which allows it to precisely deploy drugs into the body.Its two platforms - carbohydrate-coated gold nano-particles and its susta...Read More
Suresh Withana from Harmony Capital, the investment manager for Adamas Finance Asia (LON:ADAM), talks Proactive through the company's new investment strategy.Harmony Capital were appointed in May last year to broaden the fund's investment focus and grow the business.''We're investing for the long term therefore we don't focus on any particular industry, however things like healthcare, these are se...Read More
Using more than 1,000 different chemicals, unconventional oil and gas (UOG) operations combine directional drilling and hydraulic fracturing, or "fracking," to release natural gas from underground rock. Today, researchers at the University of Missouri and the University of Massachusetts released a study that found that female mice exposed to mixtures of chemicals used in UOG operations during pr...Read More
Alan Broome, chairman of Strategic Minerals Plc (LON:SML), tells Proactive's Andrew Scott they've hired Jeff Harrison as a Non-Executive Director.Over the last year Harrison's been a consultant to Cornwall Resources Limited, the joint venture to which Strategic Minerals owns 50%.Broome says Jeff's experience will be invaluable as they advance Redmoor through to operations. Meet Anglo Asian M...Read More
Shares in Canada's Northern Vertex Mining (TSX-V: NEE) were up Wednesday after the miner said is closer than ever to pour first gold at its Moss mine, in northwestern Arizona.The Vancouver-based company said that roughly 7,800 tonnes of ore have been stacked on the pad to date, and production is ramping up towards an initial stacking rate of 2,500 tpd, to later reach 5,000 tpd.Production is rampin...Read More
Mr. Joe Campbell reportsTERRAX BEGINS 2018 WINTER DRILL PROGRAM AT YELLOWKNIFE CITY GOLDTerrax Minerals Inc. has commenced its 2018 winter drill program at its Yellowknife City gold project, immediately adjacent to the city of Yellowknife in the Northwest Territories. The initial program will total approximately 6,000 metres and incorporate up to three dill rigs to test dip and strike extensions o...Read More
A mining engineering professor at the University of B.C. is hoping that his parodies of pop songs will help reduce mercury pollution in small scale gold mining in developing countries.Marcello Veig...Read full newsRead More
Aspermont is pleased to release video of the Chairman's and Managing Director's Presentations at AGMRead full newsRead More
Two miners have died after a section of Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) Kloof gold operation in South Africa collapsed on Wednesday, about a week after more that 1,000 workers were trapped underground at another of the company's mines in the country.Sibanye-Stillwater has suspended production at the affected area pending an investigation into the incident with the participation of the...Read More
VANCOUVER, British Columbia, Feb.05, 2018(GLOBE NEWSWIRE) -- First Mining Gold Corp. ("First Mining" or the "Company") (TSX:FF) (OTCQX:FFMGF) (Frankfur...Read full newsRead More
LOVELOCK - An agency that encourages stewardship over prohibition is the Environmental Protection Agency that Administrator Scott Pruitt represented to the Nevada mining industry on Feb. 5.Read full newsRead More
Angola sees no further OPEC cuts in 2018 and Africa's No. 2 crude exporter hopes to join the ranks of gold producers next year as it strives to diversify an economy long based on oil and diamonds, its minerals and petroleum minister said on Tuesday.Read full newsRead More
Technical analyst Clive Maund charts a company developing a gold mine on Fiji.Read full newsRead More
VANCOUVER, British Columbia, Feb.05, 2018(GLOBE NEWSWIRE) -- First Mining Gold Corp. ("First Mining" or the "Company") (TSX:FF) (OTCQX:FFMGF) (Frankfur...Read full newsRead More
955 workers were trapped in a mine shaft by a power cut on WednesdayRead full newsRead More
Barrick Gold, the world's top miner of the metal, said on Tuesday it is writing down its investment in its Pascua-Lama project in South America to the tune of $429 million in the fourth quarter.The Toronto-based company is reclassifying the gold reserves at the project straddling the border between Chile and Argentina following a January decision by Chile's environmental authority (SMA) or...Read More