Mr. Mike Mutchler reportsAMARILLO ANNOUNCES PROPOSED FULL REPAYMENT OF THE GOLD-LINKED LOAN AND OTHER CONCURRENT SHARES FOR DEBT TRANSACTIONS Amarillo Gold Corp. intends to: (I) fully repay the gold-linked credit facility for $8.5-million (U.S.) through a combination of $7.4-million (U.S.) in cash and $1.1-million (U.S.) in new equity; and (ii) settle an aggregate amount of $1.2-million (Canadian)...Read More
OSLO, July 24 (Reuters) - Norwegian aluminium producer Norsk Hydro said the timing for resuming full output at its Alunorte alumina refinery in Brazil remained uncertain, with the possibility it could be achieved between October and the middle of next year.Brazilian authorities ordered Hydro in February to slash output from Alunorte, the world's largest alumina refinery. The move triggered cutback...Read More
VANCOUVER, July 23, 2018 /CNW/ - Alio Gold Inc (TSX, NYSE AMERICAN: ALO) ('Alio Gold' or the 'Company'), today announced that it will release its second qua...Read full newsRead More
Hollywood's biggest stars brought a dose of runway glamour to San Diego.Read full newsRead More
The jump to Johannesburg allows Dushnisky to finally ascend to the helm of a major gold companyRead full newsRead More
This dividend stock is cashing in on one of the most lucrative opportunities in North America's ongoing energy boom. And no, it's not the Permian Basin.Read full newsRead More
The 11.6 metre thick conglomerate is similar to gold-bearing pyritic units found at Novo Resources Comet Well and Purdy's prospects.Read full newsRead More
Kumba Iron Ore on Tuesday reported a sharp drop in interim earnings, hurt by weak prices and a stronger rand, but introduced a targeted dividend ratio policy of 50 to 75% of headline earnings, sending its share price higher.Investors across the mining sector have been hungry for dividends after years of depressed prices and low returns from a capital-intensive industry that requires long-term inve...Read More
Mr. Peeyush Varshney reports ZINCX RESOURCES PROVIDES EXPLORATION UPDATE AT AKIEZincx Resources Corp. has provided an update on drilling activities at the flagship Akie property. The company previously announced a planned 2,500-metre large-diameter HQ diamond drilling program that focused on high-priority targets along strike of the Cardiac Creek deposit and on the eastern Akie Gunsteel panel.2018...Read More
Mr. N. Eric Fier reportsSILVERCREST EXPANDS HIGH-GRADE BABICANORA NORTE VEIN & ADDS MORE VEINSSilvercrest Metals Inc. has released further phase 3 drill results for the Las Chispas property located in Sonora, Mexico. Stepout drilling of the Babicanora Norte vein, since the company's news release on May 29, 2018, announcing the discovery of this vein, has intersected additional high-grade silve...Read More
Mr. Christian Milau reportsEQUINOX GOLD COMMENCES STOCKPILING OF ORE AT AURIZONA GOLD MINE Equinox Gold Corp. is providing an update on construction progress at its Aurizona gold mine in Brazil. All dollar amounts are in U.S. dollars. Construction remains on budget and on schedule to pour gold by late 2018 with the expectation of producing on average 136,000 ounces of gold per year.Construction an...Read More
"Kelvin Dushnisky will make the surprising move from Barrick to rival #gold producer AngloGold Ashanti | https://t.co/u4YTN1qoHK $ABX $ANG"Read full newsRead More
India's Adani Group expects an over six-fold rise in coal mining volumes by the end of fiscal year 2021, an executive said on Tuesday, despite its struggle to develop a coal project in Australia.The resources conglomerate is looking to buy mines in countries such as Indonesia and is securing financing for its Carmichael mine in Australia amid challenges from environmental groups concerned about cl...Read More
Canadian gold junior Lumina Gold (TSX-V:LUM) (OTC:LUMAF) said Tuesday that recent changes introduced by Ecuador to mining regulations will allow the company to boost exploration at its Cangrejos gold-copper project.The reforms, enacted by the country's Ministry of Energy and Non-Renewable Natural Resources, let companies perform non-systematic drilling during the early exploration phase of their...Read More
Mining investors are losing confidence in the mineral exploration permit process in most Canadian provinces with applications taking longer to be approved and a lack of transparency, a new study released Tuesday shows.According to the Fraser Institute, an independent, non-partisan Canadian policy think-tank, British Columbia, Ontario and Quebec are the three main provinces where exploration reques...Read More
"@adon7X @RBCCanadianOpen Wow I got them both as well earlier. My book had HV3 125 and Mitchell 100. Took the win/top5 as well as Spaun 100-1."Read full newsRead More
"@adon7X @RBCCanadianOpen Wow I got them both as well earlier. My book had HV3 125 and Mitchell 100. Took the win/top5 as well as Spaun 100-1."Read full newsRead More
1. In 2013 and 2014 I predicted the Fed would lead the ECB and the BOJ in a slow but steady reversal of central bank policy, from QE/low rates to QT and relentless rate hikes. Even more shockingly, I predicted this would create a money velocity bull cycle in most Western countries. I also suggested that during this process the world's greatest asset (gold) would regain its position as the most res...Read More
Troubled uranium mining and nuclear fuel supply giant Cameco Corp.'s (TSX:CCO)(NYSE:CCJ) stock has been a strong outperformer so far in 2018 amid speculation that the long-depressed uranium market could finally bottom out this year and due to the fact that, after a very long losing streak, the company finally reported some profit in the first quarter of 2018.Cameco is set to release its second-qua...Read More
The latest gold bull market, which began in mid-2016, was a life saver for beaten-down gold miners, which were battling to survive the protracted slump in gold that emerged after the great bull market of 2011 came to an abrupt end. As a consequence of that downturn, there was a dearth of investment by gold miners in exploration and mine development because the price of gold fell below the marginal...Read More