TSX: BARwww.balmoralresources.com Mr. Darin Wagner reports:VANCOUVER, British Columbia, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX:BAR) (OTCQX:BALMF) is pleased to announce that it has commenced its first exploration program on the HWY 810 property in Quebec. The wholly owned HWY 810 property was acquired by Balmoral through staking in 2016/2017. T...Read More
TSX: NSUwww.nevsun.com Mr. Peter Kukielski reports:VANCOUVER, Jan. 31, 2018 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE AMERICAN:NSU) (Nevsun or the Company) today provided its outlook and guidance for 2018. Unless otherwise noted, all dollar amounts are in millions of US dollars.2018 Outlook HighlightsAchieve top quartile safety performance at all operationsInvest $50 to $60 million advancing t...Read More
TSX: IMGwww.iamgold.com Mr. Steve Letwin reports:TORONTO, Jan. 31, 2018 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today provided results from its 2017 drilling program at the Diakha deposit on its wholly owned Siribaya project in Western Mali. In 2017, the Company completed a combined diamond and Reverse Circulation ("RC") drilling program designed to infill and increase confidence...Read More
TSX: CNLwww.continentalgold.com Mr. Leon Teicher reports:TORONTO, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Continental Gold Inc. (TSX:CNL) (OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce high-grade assay results from its 2018 exploration drilling program at its 100%-owned Buritic?? project in Antioquia, Colombia. The Company is well underway with its 137,000-metre drill program for...Read More
TSX: DMLwww.denisonmines.com Mr. Lukas Lundin reports:TORONTO, ONTARIO--(Marketwired - Jan. 31, 2018) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML) (NYSE MKT:DNN) (NYSE American:DNN) is pleased to announce an 88% increase in the Indicated Mineral Resources estimated for the Wheeler River project. Denison is also pleased to announce it has increased its interest in the Wheeler River...Read More
TSX VENTURE: PGMwww.puregoldmining.ca Mr. Darin Labrenz reports:VANCOUVER, British Columbia, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSX-V:PGM) ("Pure Gold" or the "Company") announced today the discovery of multiple new zones of high grade gold mineralization located approximately three kilometres by road south of the Madsen milling infrastructure. This important new discovery, r...Read More
Rio Tinto (ASX, LON, NYSE: RIO), the world's second largest mining company, denied Wednesday a report released by a Dutch non-profit organization claiming it had dodged $700 million in taxes to Mongolian and Canadian authorities relating to its Oyu Tolgoi copper and gold mine.According to the Dutch Centre for Research on Multinational Corporations (SOMO), Rio and its Canadian subsidiary Turquoise...Read More
Egypt-focused gold miner Centamin (TSX:CEE) (LON:CEY) delivered good news to its shareholders on Wednesdays, announcing it would pay a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.The payment, on top of 2.5 cents given at the half-year, follows an $111 million compensation to Egypt in 2017, the first year of Centami...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
http://www.engineeringnews.co.za/MARIKANA (miningweekly.com) - Platinum-group metals (PGMs) and chrome coproducer Tharisa Minerals CEO Phoevos Pouroulis on Tuesday forecast a chrome ore deficit of up to a million tonnes in the short to medium term, driven by burgeoning stainless steel demand.Chrome ore is fundamental to the manufacture of stainless steel, demand for which is growing by 3% to 5% a...Read More
WTI crude is trading for $64.31 per barrel as I write this.And it's not just my veteran readers who believe it's going to move higher in 2018. It was only a few weeks ago that I told you we could be in for another price jump... with some of my colleagues even more bullish than me.Yes, WTI is going to continue this run. Remember, prices have jumped roughly 43% since early July and over 130% since b...Read More
Stress will kill you. Most people know this intuitively. Stress weakens your immune system. Stress allows your body to be more easily controlled by pathogens.A recent study compared two sets of mice. One set had a certain stress receptor cell, and one set did not. Normal mice exposed to stress had a higher rate of disease than mice exposed to stress who lacked the stress receptor cell. This held...Read More
Stress will kill you. Most people know this intuitively. Stress weakens your immune system. Stress allows your body to be more easily controlled by pathogens.A recent study compared two sets of mice. One set had a certain stress receptor cell, and one set did not. Normal mice exposed to stress had a higher rate of disease than mice exposed to stress who lacked the stress receptor cell. This held...Read More
Wayne Paterson, chief executive of Admedus Ltd (ASX:AHZ), spoke to Proactive's Andrew Scott following the release of their quarterly update.It's a big week for Admedus with the launch of both CardioCel in India and CardioCel 3D in North America.CardioCel is the company's flagship product and is becoming a surgeon-preferred biomaterial for heart valve repair surgeries. Meet Reward Minerals Lt...Read More
Gold in Africa is attracting attention. Here's a look at the companies that are currently mining gold in Ghana, Mali and Burkina Faso.Read full newsRead More
Canuc Resources Corporation (TSXV: CDA)('Canuc' or the 'Company') is pleased to announce that it has completed a vertical amalgamation (the 'Vertical Amalgamation') with its wholly-owned subsidiary, Santa Rosa Silver Mining Corporation, pursuant to subsection 177 of the Business Corporations Act (Ontario).Read full newsRead More
Minera Alamos Inc. ("Minera Alamos") (TSX VENTURE:MAI) and Corex Gold Corporation ("Corex") (TSX VENTURE:CGE) are pleased to announce that they have entered into a definitive arrangement agreement dated January 30, 2018 (the "Agreement") to combine the two companies, creating a well-funded, multi-asset, Mexican gold development company (the "Transaction").Read full newsRead More
CloseGain/LossGold $1336.80-$5.20Silver$17.11-$0.07XAU86.56-1.03%HUI194.03-0.89%GDM656.14-1.09%JSE Gold1239.40-60.77USD89.23-0.13Euro123.97+0.14Yen91.97+0.06Oil$64.50-$1.0610-Year2.724%+0.033T-Bond147.34375-0.78125Dow26076.89-1.37%Nasdaq7402.48-0.86%S&P2822.43-1.09% The Metals: Gold dropped $7.50 to $1334.50 in Asia before it bounced back to $1348.90 by a little after 9AM EST, but it then...Read More
- Property crisis in London as over half of 1,900 luxury apartments built 2017 fail to sell- London's still high priced property causes companies to locate offices elsewhere- At current rates, glut of London properties will take three years to sell- Leading London-based estate agents Foxtons' sees 42% drop in earnings, yoy- UK's largest estate agent issues second profit warning in three months-...Read More
Deutsche Bank and its associate group, UBS, HSBC etc have been fined by the CFTC for gold price manipulation. I am sure silver prices are being manipulated by a group of banks and hedge funds. Silver is undervalued. Long term industrial uses of silver will exceed production. Those who had invested in physical silver have lost all hope that silver prices can rise. Some of the silver investors are...Read More