Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More
Obtaining mineral rights is easy through America's antiquated system. Doing anything with them is hard.Read full newsRead More
Bitcoin (BTC) has dropped to US$9,300, demonstrating another 3 percent decline in value over the past 24 hours after failing to push past the US$10,000 support level. The rest of the cryptocurrency market followed the short-term price trend of bitcoin and has dropped more than US$20 billion ove...Read full newsRead More
Successful mining stock investors have an old saying: look for the three M's, that is, good Management, a good Mining project and Money or the ability to raise it. Let's see if Bonterra Resources Inc. (TSX: V.BTR, OTCQX: BONXF, Forum),meets those criteria.The company continues to re...Read full newsRead More
BULLHEAD CITY - Northern Vertex Mining Corporation announced Thursday the completion of five gold shipments from the Moss Mine.Read full newsRead More
A mining company in South Africa says seven workers died and six were rescued after an earth tremor caused a rock fall at a gold mine. The Sibanye-Stillwater company said Saturday that 13 miners had been trapped at the Masakhane mine in Driefontein after the 2.2-magnitude quake on Thursday....Read full newsRead More
Learn more about this industry and why, for most investors, it's a better option than bullion or mining companies.Read full newsRead More
A mining company in South Africa says four workers have died and two others are missing after an earth tremor caused a rockfall at a gold mine.Read full newsRead More
Canuc Resources Corporation (TSXV:CDA) ('Canuc' or the 'Company') is pleased to provide a management update. Mr. Artie Li CPA, CA has been appointed to the position of Chief Financial Officer for the Company, and Ms. Khadijah Samnani has been appointed to the position of Corporate Secretary.Read full newsRead More
Great Panther Silver (TSX:GPR) ('Great Panther'; or the 'Company') today announces that Ali Soltani will be stepping down from his role as Chief Operating Officer ('COO') effective May 31, 2018.Mr. Soltani will continue to provide services on a part-time basis until September 30, 2018 as Senior Technical Advisor to Great Panther's management team.Read full newsRead More
MOSCOW, May 7 (Reuters) - Rosneft Chief Executive Igor Sechin said on Monday he welcomed Qatar as a direct shareholder in Rosneft, as the Qatari sovereign investment fund prepared to become the sole owner of a major stake in the Russian energy company."The consortium presented by Qatar and Glencore was already a shareholder and now they have decided upon direct ownership (by Qatar)... We welcome t...Read More
Written by Dennis Wamsted and Seth FeasterThe Energy Information Administration, the federal agency responsible for national energy data compilation and analysis, has been historically out of sync on its U.S. coal-industry projections and seems every bit as off the mark as ever these days.It's as if the EIA can't quit going rogue from reality.In a "Today in Energy" article published on the EI...Read More
Demonstrators have blockaded roads in Ethiopia's unruly Oromia region pressing the government to revoke the renewal of a mining licence for a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution and health risks to locals.Protesters have blockaded local roads since April 30, preventing people from going to work and forcing schools to cancel classes, and have said they...Read More
LUSAKA, May 7 (Reuters) - Zambia concluded audits of mining companies that prompted the nation to slap Canadian miner First Quantum Minerals with a tax bill of over 76.5 billion Zambian kwacha ($8 billion), its revenue authority said on Monday.First Quantum, which owns two copper mines in Zambia, said in March that Zambia's tax agency had demanded the taxes, saying they were on import duties, pena...Read More
Photo: Agreement signing attended by (from left) Ivanplats Managing Director Dr. Patricia Makhesha (standing); Ivanhoe Chief Financial Officer Marna Cloete (seated); Municipal Technical Director William Nkuna; Acting Municipal Manager Marcus Mthombeni; and Mogalakwena Mayor Andrina Matsemela. (Image from Ivanhoe Mines Ltd.)MOKOPANE, South Africa, May 07, 2018 (GLOBE NEWSWIRE) - Robert Friedland,...Read More
Meteoric Resources (ASX:MEI) announced today it has signed a binding agreement to acquire 100% ownership of the Lorrain Cobalt Project, located 9 kilometres from the town of Cobalt in Ontario, Canada.In a press release, the miner said the acquisition of this project is part of its strategy to grow its land position in the cobalt-silver belt of Ontario, an area that has produced 50 million pounds o...Read More
Ask some gold bugs why Gold has not broken out yet and you will probably get the usual answers. Some will say it's due to manipulation or price suppression. Others will mention the current rally in the US Dollar (while neglecting that the previous decline in the greenback was unable to take Gold to a new high). Few would say the fundamentals are not in place. No one can know for certain but Gold's...Read More
Ever hear of Dysprosium?How about Neodymium?Terbium ring any bells?I don't even know how to pronounce this one: Yttrium?None of these words are going to fly in a Scrabble game, but they're getting people killed every day.Wars are being fought over them as we speak. And the death toll will continue to climb because these metals are THAT important to national security.Not just our national security,...Read More
Mr. Joe Campbell reportsTERRAX EXTENDS CRESTAURUM ZONE TO 300 METERS VERTICAL DEPTH, DOUBLING SIZE OF KNOWN MINERALIZED STRUCTURETerrax Minerals Inc. has released assay results from the remaining 11 holes drilled at the Yellowknife City gold project this winter.Four of these holes (1,170 metres) were drilled on the high-grade Crestaurum gold-bearing structure to test whether gold mineralization co...Read More
May 08, 2018 Guest(s): Tom Brady Chief Economist, Newmont Mining Gold's price rally has been a product of demand-side economics, and there is still a considerable amount of interest in gold that is not fully tapped, according to Tom Brady, chief economist at Newmont Mining. "The trend that we've seen over the last couple of years has continued, this was very much an investor-driven market since...Read More