Mining Stocks Articles

Profit and cash well ahead of expectations for Learning Technologies

09:08 22 Jan 2018 / Andrew Scott

Jonathan Satchell, chief executive of Learning Technologies Group PLC (LON:LTG) tells Proactive's Andrew Scott profit and cash generation in 2017 were significantly ahead of expectations.Satchell says they're expecting group revenues for 2017 to be not less than ?51.8mln, up from ?28.3mln in 2016.The strong performance was driven by organic revenue growth of more than 20% (excluding the Civil Se...Read More

Gem Diamonds on a roll, now finds 149-carat rock

Jan. 22, 2018, 9:02 AM / Cecilia Jamasmie

Barely a week after finding the world's fifth-biggest diamond in history, Africa-focused Gem Diamonds (LON:GEMD) has unearthed yet another massive rock at its flagship Let??eng mine in Lesotho.The 149-carat, D colour, Type IIa rough diamond is the fourth high quality stone of over 100 carats the company has recovered so far this year at its prolific mine. Earlier in the month the miner discover...Read More

LOOT to expand product offering & accelerate user growth after ?2.2mln raise

09:01 22 Jan 2018 / Andrew Scott

LOOT CEO and founder Ollie Purdue tells Proactive's Andrew Scott what they offer is a current account and contactless Mastercard card which offers users an insight into their spending with personalised features.Purdue says in the second half of the year they're looking to introduce an overdraft facility and further down the track a wealth management service as well.  Meet Netscientific PLC, d...Read More

Bonterra Resources starts drilling at Gladiator

2018-01-22 07:05 / Mr. Nav Dhaliwal reports

Mr. Nav Dhaliwal reportsBONTERRA EXPANDS EXPLORATION PROGRAM AT GLADIATOR GOLD DEPOSITBonterra Resources Inc.'s 2018 winter drilling program is under way at the Gladiator gold project. After completing more than 60,000 metres in 2017, the company plans to drill 30,000 metres during the winter drill program and more than 70,000 metres in 2018. The winter drilling program includes mobilizing two add...Read More

Genesis Metals drills 21.35 m of 8.73 g/t Au at Chevrier

2018-01-22 06:32 / Mr. Brian Groves reports

Mr. Brian Groves reports GENESIS DRILLING RETURNS 8.73 G/T GOLD OVER 21.35 M FROM CHEVRIER MAIN ZONEGenesis Metals Corp. has released results from the second phase of drilling completed at the Chevrier gold project near Chibougamau, Que.Highlights from main zone: 8.73 grams per tonne gold over 21.35 metres including 37.97 g/t Au over 3.00 m in hole GM-17-42;3.59 g/t Au over 22.60 m in a separate z...Read More

Rio Tinto bets big on Mongolia, opens local office

Jan. 22, 2018, 3:27 AM / Cecilia Jamasmie

Mining giant Rio Tinto (LON:RIO) is setting up a new office in Mongolia, independent from its massive Oyu Tolgoi copper and gold mine, which will focus on exploration and local links.The opening of the new unit, based in capital city Ulaanbaatar, shows Rio's vote of confidence in a nation that has recently been on Oyu Tolgoi's case.The new office, separate from Rio's presence in the Oyu Tolgoi m...Read More

Exclusive interview: Dakota Fred on the perils of extreme mining in Gold Rush: White Water

Mon Jan 22 02:21:08 2018 / Staff reporter

Think it's time for the rocking chair when you're in your 70s? Dakota Fred Hurt talks to us about the thrills and dangers of extreme mining on Gold Rush: White Water!Read full newsRead More

INK Canadian Insider Index encounters strong resistance at 1302-1304

Mon, 22/01/2018 2:10 am / Nicholas Winton

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index couldn't muster much of an advance, adding just 1.2 points to close at 1302.14.In each of the last two weeks, the Index has encountered stiff resistance in the 1302-1304 area.Current support levels are 1291 and 1286.Our long-term momentum indicato...Read More

Why TripAdvisor, Inc. Could Be a Gold Mine for Value Investors

Mon Jan 22 00:51:05 2018 / Staff reporter

A hotel booking initiative hasn't met with great success, but there's another juicy corner of the travel business ripe for the picking.Read full newsRead More

The pope is visiting a Peruvian town 'absolutely destroying itself' for gold

Mon Jan 22 00:51:01 2018 / Staff reporter

Pope Francis visited Peru's famous Madre de Dios region on Friday. While many hoped he would address the region's rampant illegal gold mining, others are wary of the papal message.Read full newsRead More

Anaconda Sitting on a Gold Mine

Mon Jan 22 00:51:00 2018 / Staff reporter

Bob Moriarty of 321 Gold sees a lot of potential in this company's Nova Scotia and Newfoundland projects.Read full newsRead More

Las Vegas gold mine listed for $5M, plus royalty - PHOTOS

Mon Jan 22 00:50:58 2018 / Staff reporter

When it comes to acquiring this piece of Southern Nevada real estate, there's nothing wrong with getting the shaft.Read full newsRead More

Tahoe Resources denies reports of water contamination near Peru gold mine

Mon Jan 22 00:50:57 2018 / Staff reporter

One report claimed that a leaching pit had overflowed at Tahoe's Shahuindo mine site, flooding a nearby village with toxic materialsRead full newsRead More

Exclusive interview: Dakota Fred on the perils of extreme mining in Gold Rush: White Water

Mon Jan 22 00:50:53 2018 / Staff reporter

Think it's time for the rocking chair when you're in your 70s? Dakota Fred Hurt talks to us about the thrills and dangers of extreme mining on Gold Rush: White Water!Read full newsRead More

New gold mine in C??te d'Ivoire ramping up

Jan 22 2018 / Andrew Topf

Perseus Mining (ASX,TSX:PRU) will soon start pouring gold from its Sissingu?(C) gold mine in C??te d'Ivoire, having delivered the first crushed ore to the mill and processing plant earlier this month.Dual-listed Perseus already has a producing mine, the Edikan gold mine in Ghana, which comprises a group of large gold deposits located in the Ashanti gold belt. The Sissingu?(C) mine would be the...Read More

Gold Set Up For Big Move This Year - What About Cryptos?

January 22, 2018 / admin

Gold and silver had a sharp run-up in the last two weeks of 2017. However, the abrupt move in gold has been accompanied by a rapid rise in the gold futures open interest on the Comex. Furthermore, based on the last COT report the banks have dramatically increased their net short position and the hedge funds have gotten, once again, extremely net long. I don't like the looks of the COT report r...Read More

Thor Mining increases Molyhil mine life by one year

Jan 22 2018 / Staff reporter

Thor Mining (ASX:THR, THR.L) has released an updated reserve estimate on its Molyhil tungsten-molybdenum mine in Australia's Northern Territory. The reserve estimate now contains approximately 3.5 million tonnes at an average grade of 0.29% WO3 and 0.12% molybdenum. Whilst the added value of the molybdenum is pretty low (a grade of 0.12% works out to be less than 3 pounds of molybdenum per tonne o...Read More

Coup d'oueil...quick look...out of the gate

January 22, 2018 / KCGrainger

Sirios Resources,... QMX Gold Corporation, Cartier Resources and Imperial Mining Group are four Canadian exploration companies that by our analyses, particularly while at low prices, merit our attention. One might consider that we have seen an early stage bull market in some mining stocks already. However, if our indications are correct, we are about to commence a major bull market in many g...Read More

Colonial Coal: a great maiden resource estimate at Flatbed, but the market doesn't care

Jan 22 2018 / Staff reporter

Back in November, Colonial Coal (CAD.V) released the long-awaited maiden resource estimate for its Flatbed coal project in British Columbia. This initial resource unveiled a total resource of 298 million tonnes in 8 different coal seams and was based on a mining width of at least 1 meter without going deeper than 900 meters from surface. The average (true) width of the seams ranges between 1.2 and...Read More

HIVE Blockchain Begins Sweden Mining Operations as Cryptocurrencies Sag

January 22, 2018 / Staff reporter

HIVE Blockchain Technologies Ltd. (TSXV:HIVE) has started Ethereum mining operations and has the capacity to mine other digital currencies such as ZCash, and MoneroSmallCapPower | January 22, 2018: HIVE Blockchain Technologies Ltd. (TSXV:HIVE) announced recently that it has started Ethereum mining operations in its Sweden facility. The multi-phase buildout of a large-scale GPU-based mining complex...Read More

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