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Gold just had its best week in nearly two years. Here's why /via @globeandmail

March 23, 2018 / www.theglobeandmail.com

After rising midweek, buillion moved higher Friday as prospects of a trade fight between the U.S. and China stoked concern that global growth will slowRead full newsRead More

EPA not happy with Canadian miner's zinc-gold project in Michigan

March 18, 2018 / www.mining.com

The U.S. Environmental Protection Agency sent a letter to the Michigan Department of Environmental Quality saying it was objecting to the state's wetlands permit for the Back Forty open-pit mine, located in the southern part of Michigan's Upper Peninsula along the Menominee River.The zinc, copper and gold project is being proposed by Toronto-based Aquila Resources (TSX: AQA) and it contemplates mi...Read More

Why Wheaton Precious Metals Could Be a Gold Mine for Income Investors

March 23, 2018 / dlvr.it

A differentiated dividend policy could yield a mother lode of dividend income in the coming years.Read full newsRead More

New Chilean Government Spells Lithium Mining Boom: The White Gold Rush

March 23, 2018 / dlvr.it

PALM BEACH, Florida, March 22, 2018 /PRNewswire/ --Marketnewsupdates.com News Commentary Chile is a mining giant....Read full newsRead More

#Facebook Fiasco May Bring #Blockchain into Play

March 23, 2018 / www.stockhouse.com

Mark Zuckerberg "We have a responsibility to protect your data, and if we can't then we don't deserve to serve you." (File Photo)Facebook CEO Mark Zuckerberg broke his silence Wednesday afternoon, days after his social media site was accused of data abuse. Facebook's data scandal, data mishandling...Read full newsRead More

From #Energy to #Crypto, #Tech Company Links to #Coinbase

March 23, 2018 / www.stockhouse.com

A Vancouver tech company isn't wasting time evolving its business to focus on blockchain and cryptocurrency. Global Resource Technologies Ltd. announced at its AGM March 21, 2018 that it has acquired 1Linx Blockchain Technologies Corp., a company that provides blockchain security services to meet th...Read full newsRead More

Argo Gold sells Rockstar property in Ontario

March 21, 2018 / www.mining.com

Just a month after selling its South Wawa gold property, Toronto-based Argo Gold (CSE: ARQ) announced that it is selling its Rockstar Gold Property to Manitou Gold (TSXV: MTU).Rockstar is located in Ontario's Sault Ste. Marie Mining Division, 50 kilometres north-northeast of Wawa, and contains six known gold bearing occurrences. The most significant prospects are the Rockstar Prospect and the Trac...Read More

How did #gold, #silver, #copper and #oil perform last week? We run through price action in our weekly round-up:

March 23, 2018 / bit.ly

Gold and silver picked up on the back of Trump's anti-China tariffs and the Fed hike, while copper remained relatively flat.Read full newsRead More

Western Copper and Gold Announces 2017 Results

March 23, 2018 / bit.ly

Western Copper and Gold Corporation ("Western" or the "Company") (TSX:WRN) (NYSE AMERICAN:WRN) reports its financial results for the year ended December 31, 2017.Read full newsRead More

Filo Mining Reports 2017 Results

March 22, 2018 / bit.ly

Filo Mining Corporation (TSXV:FIL) (Nasdaq First North:FIL) ('Filo Mining' or the 'Company') is pleased to announce its results for year ended December 31, 2017.Read full newsRead More

B2Gold says Mali's new code won't affect its Fekola mine

March 20, 2018 / www.mining.com

Mid-tier Canadian miner B2Gold (TSX, NYSE: BTO) said Tuesday its Fekola mine won't be affected by a new mining code the country's government is planning to draft as the asset is governed by a finalized and enforceable mining convention valid for the lifespan of the mine.The Vancouver-based company, which poured first gold at Fekola late last year, said media reports claiming Mali will move to imp...Read More

Mali says negotiating mining code revision but could act unilaterally

March 18, 2018 / www.mining.com

Mali's government is negotiating with mining companies to draft a new mining code but will move to implement a new law unilaterally if no compromise is reached, the West African country's economy minister said.Many mines in Mali, Africa's third-largest gold producer, are protected from changes to the fiscal regime for 30 years, but Boubou Cisse told reporters during a joint news conference with an...Read More

Barrick Gold cuts 2017 compensation for top two executives

March 23, 2018 / www.mining.com

Barrick Gold Corp, the world's largest producer of bullion, cut the 2017 compensation for its top two executives to reflect a challenging "shareholder experience" and operations at some mines.Shares in the Canadian miner declined 15 percent last year, even as the price of gold gained 11 percent. In 2017 Barrick had a third cyanide spill in 18 months at its Veladero mine in Argentina and struggled...Read More

Barrick Gold yet to feel the heat in Zambian tax crackdown

March 21, 2018 / www.mining.com

For now at least, Barrick Gold Corp. seems to have escaped a tax crackdown in Zambia that has embroiled fellow Canadian miner First Quantum Minerals Ltd.That should be welcome news for a company whose news flow has been punctuated with controversy from Tanzania to Argentina and Chile.On Tuesday, First Quantum revealed that the Zambian tax agency reassessed its equipment imports over six years, dem...Read More

Canadian miner allowed to extract and export Chilean lithium

March 14, 2018 / www.mining.com

Minera Salar Blanco, a joint venture that operates the Maricunga project together with Vancouver-based Bearing Lithium (TSXV:BRZ), has just received authorization from the Chilean Nuclear Commission to extract, produce and market lithium products from the Maricunga salar.According to a corporate press release, the authorization is for an extraction quota of 88,885 metric tonnes of metallic lithium...Read More

Mine accident shows a potash market nervous about outages

March 16, 2018 / www.mining.com

(Bloomberg) - The news, when it came late Friday night from a government ministry in Minsk, was grim: the ceiling of a potash mine in Belarus had collapsed more than half a kilometer underground, trapping two workers.Halfway around the world, the reaction to the headlines was swift and dramatic. Shares of some of the largest potash producers soared in New York and Toronto on speculation that the...Read More

Canadian miner could reopen centenary Idaho mine

March 15, 2018 / www.mining.com

Following the settlement of a longstanding Superfund lawsuit against the owner of the Bunker Hill Mine, the project's Canadian operator might restart works at the site. Toronto-based Bunker Hill Mining Co. told The Spokesman-Review that it would consider reopening the mine on a limited basis by the end of the year, while large-scale production could be possible in about two years.The Canadian mine...Read More

Canada's Capstone Mining says a worker died at Mexican mine

March 19, 2018 / www.mining.com

March 19 (Reuters) - Canada's Capstone Mining said on Monday a worker died at its Cozamin mine in Mexico while working on an underground voltage regulator.Operations, which were temporarily suspended on Sunday, have since resumed, excluding the immediate area of the accident, the copper miner said.Capstone said an investigation of the accident was ongoing.(Reporting by John Benny in Bengaluru; Edi...Read More

Caterpillar to close facilities, could cut 880 jobs

March 16, 2018 / www.mining.com

Caterpillar will close two facilities and is contemplating the closure of its engine manufacturing plant in Illinois, which together could potentially result in about 880 job losses, a company spokeswoman told Reuters on Friday.The restructuring, announced over the past two months, is part of the heavy equipment maker's overall strategy to boost profitability and make itself better able to manage...Read More

Egypt's sole gold-exporting mine reports high profits

March 18, 2018 / www.mining.com

January profits from Egypt's sole gold-exporting mine are making headlines in the country.According to local media, the Sukari gold mine, which is owned in equal parts by Jersey-based Centamin (TSX:CEE) (LON:CEY)and the Egyptian Mineral Resource Authority, provided $14.4 million in revenues to the latter during the first month of 2018.Citing Centamin's Chairman of Mineral Exploration and Mining, Y...Read More

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