Mining Stocks Articles

Sopheon tops London risers as it raises 2017 guidance?EUR<

15:50 29 Jan 2018 / Tom Howard

Innovation management services provider, Sopheon PLC (LON:SPE) expects 2017 sales and profits will be well ahead of market expectations when the numbers are totted up.The board expects that reported revenues for 2017 will exceed US$28mln, up from US$23mln in 2016.Overall revenue visibility for 2018 stands at US$18mln, compared to US$13m at this time last year.Earnings before interest, tax, depreci...Read More

A strong global economy and dwindling supply pushing zinc price higher

15:31 29 Jan 2018 / Christine Corrado

Mining Capital's Alastair Ford says zinc, the metal used to make steel, is soaring in price due to the global economy marching forward and a strong demand for all sorts of metals.Ford says because zinc supplies have dwindled, the prices have increased to the highest level in more than 10 years. Ford says he imagines the price of zinc will increase even higher, but he doesn't believe prices wi...Read More

RT @omriceren: NY Post: In the Gulf, Iran quietly admits there's a new cop in the White House

Mon Jan 29 13:39:49 2018 / Omri Ceren

Iranian military boats have quietly ended years of harassment of US Navy vessels in the Persian Gulf, and it looks like another welcome sign of a new cop on the beat. For years, armed Iranian "fast...Read full newsRead More

RT @business: Higher oil prices fuel a rebound in Saudi foreign reserves

Mon Jan 29 13:33:30 2018 / Bloomberg

Saudi Arabia is finally reaping the benefit of leading OPEC efforts to boost oil prices by trimming global output. Its net foreign reserves rose for three consecutive months through December for the first time since 2014, tracking oil's recovery. The trend may continue, with oil enjoying its best January since 2006 and net-long positions at record highs.Read full newsRead More

RT @FoxBusiness: 4 ways to lower your heating bill this winter

Mon Jan 29 13:30:48 2018 / FOX Business

It's been a cold winter so far this year, with many parts of the country experiencing record low temperatures.Read full newsRead More

RT @steam_oil: The Dark Side of America's Rise to Oil Superpower - Bloomberg

Mon Jan 29 13:27:20 2018 / Steam Oil

It sounds good, but be careful what you wish for.Read full newsRead More

RT @EnergyPhilFlynn: How strong is Wyoming's oil recovery, and will it last?

Mon Jan 29 13:27:08 2018 / Phil Flynn

Wyoming oil is saving the day, something that hasn't been said for more than two years. State revenue forecasts are improving. The oilfield service industry is climbing. And the generalRead full newsRead More

RT @zerohedge: Belgium: How Low Can A Low Country Get?

Mon Jan 29 13:18:03 2018 / zerohedge

Shut up. Zip it. It is a pathetic and cowardly way of responding to reality, but it is, alas, a widespread behavior pattern in Western Europe today - and, at least in certain milieux in poor little Belgium, it has been all but raised to a sacrament.Read full newsRead More

RT @zerohedge: Japanese Police Launch Probe Of Biggest Cryptocurrency Heist In History

Mon Jan 29 13:01:57 2018 / zerohedge

Japan's new cryptocurrency regulations were put to the test last week when CoinCheck - a popular, if unlicensed, Tokyo-based crypto-exchange - became the target ofRead full newsRead More

'Watershed moment' for Rose Petroleum with new Paradox Basin data

12:46 29 Jan 2018 / Andrew Scott

Chris Eadie, CFO at Rose Petroleum PLC (LON:ROSE), discusses with Proactive's Andrew Scott new analysis of its Paradox basin acreage, in Utah, which sees the potential for some 450mln barrels to be present.Specifically, they've received the initial interpretation of new 3D seismic data for a 20 square mile area known as the Gunnison Valley Unit or GSU.The process, which is ongoing, has identified...Read More

Investors to chew over Domino's Pizza update as they await start of the first FOMC meeting of 2018

12:24 29 Jan 2018 / Jon Hopkins

Just to make us all feel hungry, Domino's Pizza Group PLC (LON:DOM) will deliver its latest trading news on Tuesday, with further progress expected after its third quarter update back in October showed solid like-for-like sale growth.That was on weak comparatives, however, and question marks remain over the group's margins and long-term sales growth trends.With competition rising - from...Read More

Chile open to increasing SQM lithium quota to satisfy Tesla -Corfo

Jan. 29, 2018, 12:01 PM / Reuters

SANTIAGO, Jan 29 (Reuters) - Chile is open to negotiating an additional quota of lithium for local miner SQM to meet potential demand from U.S. electric car-maker Tesla, Eduardo Bitran, head of Chilean development agency Corfo, told Reuters on Monday.Bitran said Tesla and SQM were "exploring" opportunities after Tesla expressed interest in buying "important volumes" of lithium hydroxide, a key ing...Read More

Loulo-Gounkoto set for record production

Jan. 29, 2018, 11:40 AM / Randgold Resources

Bamako, Mali, 29 January 2018 - Randgold Resources' Loulo-Gounkoto gold mining complex is on track to improve on its record performance in 2018, with last year's production expected to reach a new peak and at lower cash costs of production, Chiaka Berthe, the company's general manager of its West African operations, said today.Speaking at the quarterly update for local media, Berthe said this...Read More

DP Poland seeing encouraging early results from first TV ad campaign

11:23 29 Jan 2018 / Andrew Scott

Peter Shaw, chief executive of DP Poland Plc (LON:DPP), tells Proactive's Andrew Scott they've launched their first national TV ads following another year of solid growth.Total revenue in 2017 rose by 51% to 58mln PLN ( ?12.2mln) from 39mln PLN, with like-for-like growth of 17%.Online orders now account for 75% of delivery sales.  Meet Reward Minerals Ltd, Recce Ltd, Rimfire Pacific Mining NL...Read More

Union at Colombia's Cerrejon votes to strike after talks fail

Jan. 29, 2018, 10:53 AM / Reuters

BOGOTA, Jan 29 (Reuters) - The largest union at Colombia's top thermal coal mine Cerrejon has voted to strike following failed salary and benefit negotiations with the company, the union said on Monday.Cerrejon accounts for 37 percent of Colombia's coal output, the world's fifth-largest exporter of the mineral, and a strike is likely to affect exports. The stoppage could begin within three days, t...Read More

Union at Colombia's Cerrejon votes to strike after talks fail

Jan. 29, 2018, 10:53 AM / Reuters

BOGOTA, Jan 29 (Reuters) - The largest union at Colombia's top thermal coal mine Cerrejon has voted to strike following failed salary and benefit negotiations with the company, the union said on Monday.Cerrejon accounts for 37 percent of Colombia's coal output, the world's fifth-largest exporter of the mineral, and a strike is likely to affect exports. The stoppage could begin within three days, t...Read More

Adamera to Resume Drilling - Permit to Drill on US Forest Service Lands Granted

2018-01-29 10:30 / (via TheNewswire)

(via TheNewswire)Vancouver, British Columbia /TheNewswire /January 29, 2018-Adamera Minerals Corp. (TSX-V: ADZ)announces that the US Forest Service (USFS) has approved a Plan of Operation allowing Adamera to drill test a number of high priority targets on the Cooke Mountain Project in Washington State. Targets under the Plan of Operation include SE-01, Key West Central and Key West North. Drilling...Read More

Maple Gold secures drilling equipment, grants options

2018-01-29 10:12 / Mr. Matther Hornor reports

Mr. Matther Hornor reportsMAPLE GOLD SIGNS CONTRACT FOR TOP-OF-BEDROCK DRILLING AND SECURES ADDITIONAL DIAMOND-CORE RIGS FOR WINTER CAMPAIGNMaple Gold Mines Ltd. has signed a contract with Overburden Drilling Management, which will oversee the reverse circulation top-of-bedrock drilling, with SES Inc. providing the initial RC drill rig. Maple Gold has also finalized an agreement with Forage Hebert...Read More

Silvercrest drills 3.5 m of 1,074.5 g/t Ag at Chispas

2018-01-29 09:24 / Mr. Eric Fier reports

Mr. Eric Fier reports SILVERCREST EXPANDS BABICANORA HIGH-GRADE FOOTPRINT TO 1.3 KILOMETRES; MORE BONANZA GRADESSilvercrest Metals Inc. has released additional phase II drill results for the Las Chispas property located in Sonora, Mexico. Stepout drilling of the Babicanora vein continues to intersect high-grade mineralization with an increase in the reported high-grade footprint from 1,000 metres...Read More

Orla Mining arranges $25.48-million financing

2018-01-29 09:19 / Mr. Marc Prefontaine reports

Mr. Marc Prefontaine reportsORLA ANNOUNCES C$25,480,000 BOUGHT DEAL FINANCINGOrla Mining Ltd. has entered into an agreement with a syndicate of underwriters led by GMP Securities LP, pursuant to which the underwriters will purchase, on a bought deal basis, 14.56 million units of the company at a price of $1.75 per unit for aggregate gross proceeds to the company of $25.48-million.Each unit will co...Read More

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