Mr. Jean Martineau reportsDYNACOR PRODUCES 6,902 OZ OF GOLD IN MAY 2018 Dynacor Gold Mines Inc. has released its May, 2018, gold production.Monthly production at the Veta Dorada plant in 2018 In May, 2018, the corporation produced 6,902 ounces of gold (6,205 ounces in May, 2017) at its Veta Dorada plant, which is similar to the production in the previous month. During the month of May, 7,985 metr...Read More
In theory, investors shouldn’t care about the price of a company’s stock. What matters more than anything is the market cap. It’s an error to think a stock is cheap simply because its share price is in the low single digits. And investors should use extra caution when searching through low-priced stocks. Oftentimes, stocks that have fallen to trading for just a couple bucks end u...Read More
Several workers who went missing Monday at a Sibanye Gold Ltd. mine in South Africa have been found dead, bringing the number of people killed at the company's operations this year to more than a dozen.Read full newsRead More
Most mining companies have the word "gold" in their name, according to a study of Mining Intelligence company names.There are over 1,000 mining companies that use a variant of the word "gold" in their moniker. Some examples would be Barrick Gold (TSE:ABX) or Condor Gold (TSE:COG).Data comes from Mining Intelligence, which tracks over 13,000 mining companies.The second and third most popular commod...Read More
Mr. Pascal Hamelin reportsMETANOR INTERSECTS 5.0 G/T AU OVER 12.1 METRES AT BARRYMetanor Resources Inc. has provided drill results from the continuing drill campaign at Barry, including new high-grade results of 15.7 grams per tonne gold over 2.4 metres, 14.6 g/t Au over 1.8 metres, 12.2 g/t Au over 2.7 metres and 14.2 g/t Au over 1.2 metres. These new drill holes were designed to infill the south...Read More
Mr. Christian Milau reportsEQUINOX GOLD PROVIDES CONSTRUCTION UPDATE FOR ITS AURIZONA GOLD MINE Equinox Gold Corp. has provided an update on construction progress at its Aurizona gold mine in Brazil. Construction remains on schedule to pour gold by late 2018 with the expectation of producing on average 136,000 ounces of gold per year, and construction spending is tracking in line with the $146-mil...Read More
Canada's Nevsun Resources (TSX, NYSEMKT:NSU) is extending the life of its flagship copper-zinc Bisha mine in Eritrea to the end of 2022 - 18 months later than the planned end of operations announced by the company last year.The open-pit extension would add 3.3 million tonnes of high-grade ore to the mill, resulting in additional production of 470 million pounds of zinc and 52 million pounds of cop...Read More
Scarsdale Equities analyst Mike Niehuser reviewed various aspects of the facility.Read full newsRead More
Mean reversion can be a powerful trading tool, particularly with pair trades. One Wall Street analyst said it's still too early to expect a mean reversion bump in underperforming Barrick Gold Corp (USA) ...Read full newsRead More
The analyst firm upgrades Newmont Mining even as it cuts Barrick Gold.Read full newsRead More
Two projects on a mining-friendly tropical island are moving forward, one in the final ramp-up to production and one at a very early stage.Read full newsRead More
Barrick Gold may look cheap after its underperformance, but Morgan Stanley prefers Newmont Mining.Read full newsRead More
Several workers who went missing Monday at a Sibanye Gold Ltd. mine in South Africa have been found dead, bringing the number of people killed at the company's operations this year to more than a dozen.Read full newsRead More
Several workers who went missing Monday at a Sibanye Gold Ltd. mine in South Africa have been found dead, bringing the number of people killed at the company's operations this year to more than a dozen.Read full newsRead More
Canada's Erdene Resource Development (TSX:ERD), one of the very few companies that has successfully navigated Mongolia's ever-changing policies on foreign mining investment, became Thursday the first cross-listed firm on the Asian nation stock exchange.The Halifax, Nova Scotia-based miner's common shares will trade on the Mongolian Stock Exchange (MSE) under the same symbol it has in Canada - E...Read More
Anglo American (LON:AAL) has agreed to a $600-million transaction with Mitsubishi Corp. that will increase the Japanese company's stake in the vast Quellaveco copper project in Peru to 40%.Chief executive Mark Cutifani, who has long expressed his preference for joint ventures or partnerships to develop big projects and so spread the risk and cost, said the sale of a further 21.9% of Quellaveco was...Read More
June 12 (Reuters) - Miners are pushing to sharply boost lithium output in the United States, as automakers in the world's third biggest electric vehicle market are eager to cut their dependence on China for the critical battery ingredient and find more local sources.In North Carolina, Nevada and half a dozen other states, miners are working to revive the U.S. lithium industry, once the world's lar...Read More
Gold watchers might be scratching their heads a bit today, as bullion moves higher after the United States Federal Reserve raised interest rates.What's going on?Rising interest rates tend to be negative for gold, as they increase the opportunity cost of holding non-yielding assets, such as the yellow metal. The idea is that investors could dump their gold holdings and shift the funds into fixed-in...Read More
The footnotes are the most interesting section of every financial and economic reports. They also happens to be least studied section of these reports. Those who prepare these reports rely on this fact.The monthly headline retail sales is based to a large extent on estimates, guesswork, invalid assumptions and statistical magic. Examine the line-item details in this retail sales report link....Read More
When Independence Group (ASX: IGO) floated as a tiny explorer in early 2002 it had a big ambition to become a diversified mid-tier miner.Barry FitzGerald* Peter Bradford at Nova14 JUNE 201814/06/2018commentsshare It made a good fist of it, too, through exploration success and merger and acquisition activity over ensuing years. But the A$1.8 billion acquisition of the Nova nickel-copper-cobalt proj...Read More