A woman many viewed as a gold digger when she married then-Zimbabwe president Robert Mugabe faced off against literal gold diggers this week who allegedly worked illegally on her farm.At former first lady Grace Mugabe's farm in Mazowe, just north of the capital Harare, hundreds of workers allegedlyRead full newsRead More
U.S. government officials are moving forward with a plan to block new gold mining claims in the mountains north of Yellowstone National Park with Thursday's release of a draft analysis of the proposal's effects on the environment.Read full newsRead More
VANCOUVER, British Columbia, March22, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling continues to expand gold mineralization within the newly discovered Wedge Target,... | mars 22,2018Read full newsRead More
ACCRA, Ghana, March 29, 2018-- South Africa' s Gold Fields and Canada' s Asanko Gold are pleased to announce a 50:50 joint venture partnership with regards to Ghana' s newest gold mine, the Asanko Gold ...Read full newsRead More
Last week's top-gaining mining stocks on the TSXV were Thor Explorations, Leading Edge Materials, Salazar Resources, NV Gold and Colonial Coal.Read full newsRead More
Last week's other top-gaining resource stocks on the TSX were Teranga Gold, Corvus Gold, Nighthawk Gold and Perseus Mining.Read full newsRead More
ACCRA, Ghana, March 29, 2018-- South Africa' s Gold Fields and Canada' s Asanko Gold are pleased to announce a 50:50 joint venture partnership with regards to Ghana' s newest gold mine, the Asanko Gold ...Read full newsRead More
Perseus Mining (ASX,TSX:PRU) announced that that the ramp-up of operations at its Sissingu?(C) gold mine in northern Cote d'Ivoire has been completed ahead of schedule and the mine has now entered commercial production.Sissingu?(C) is located southeast of the 7Moz Morila gold mine and northwest of the 4.3Moz Tongon deposit. It is estimated to produce 358,000 ounces over the 5-year life of mine, in...Read More
Randgold Resources (LON:RSS) said Tuesday an ongoing strike by its subcontractor's workforce at Tongon gold mine in the Ivory Coast, has started to hit operations.Tongon is expected to get back to full capacity with the assistance of the authorities, although it would be a challenge to recover the lost production.As a result, the Africa-focused gold producer is now not sure the operation will a...Read More
The blowout in the price spread between Canadian heavy and U.S. light crude isn't narrowing substantially any time soon, according to analysts with GMP FirstEnergy.While Canada's heavy oil producers are faced with the challenge of increasing rail volumes in the absence of a new export pipeline, they're also dealing with issues on an operational system into the U.S."The most immediate pressing issu...Read More
April 3 (Reuters) - Australia's largest independent gold miner Newcrest Mining said on Tuesday it recommenced processing at its flagship Cadia mine over the weekend.Last week, the company had said it would start mining operations at Cadia, which was closed following damage to a tailings dam wall.The miner said processing is currently at a run rate of about 8 million tonnes per annum due to limitat...Read More
OZ Minerals (ASX:OZL) said Tuesday it had received approval from the South Australian government to go ahead with the next phase of development its A$916 million (roughly $704m) Carrapateena copper-gold project.The Mining Lease and Environmental Protection and Biodiversity Conservation Act (EPBC) allows Oz Minerals to start this month phase two of construction at the project, one of the largest...Read More
WARSAW, April 3 (Reuters) - Australia's Prairie Mining said it filed a lawsuit in a Warsaw civil court on Friday against the Polish environment ministry, seeking an extension to the company's exclusive rights to a mining project in the country.The news sent the miner's shares plunging 30 percent in London and 20 percent in Warsaw.Prairie Mining secured in 2015 the exclusive right to apply for a mi...Read More
(Bloomberg) - Randgold Resources Ltd.'s celebrated ability to operate in Africa is being tested on all fronts, and it's taking a toll on the London-listed gold miner's stock.For most of the last decade, Randgold shares were the best performers among gold miners tracked by Bloomberg. Now they are among the worst in the industry, sinking 20 percent so far this year.Randgold made its reputation on i...Read More
Oil prices seesawed at the start of the week before jumping close to multi-year highs on geopolitical concerns, with Brent hitting $70 and WTI at $65. However, geopolitical pressure is only able to influence oil prices to such a degree because the market is fundamentally getting tighter.Ongoing declines in Venezuela and concerns about heightened tension between the U.S. and Iran have significantly...Read More
Silver Bear Resources (TSX:SBR) announced that construction of its Mangazeisky project in Russia is almost done and that plans to go forward with a first silver production early in the second quarter of 2018 are on track. Mangazeisky is located 400 km north of Yakutsk, in the eastern Republic of Sakha, and covers an area of approximately 570 square kilometres. The property includes the high-grade...Read More
Lupaka Gold Inc. (TSX-V: LPK) has been completing the necessary steps to achieve commercial production at its wholly-owned Invicta Gold project in Peru, located 120 km north of Lima by road. Recently, I had the opportunity to re-visit the mine site to see how work is progressing towards production.It is at this point in the life span of a mining company where institutional investors typically in...Read More
Contrarian investors are constantly searching for unloved stocks that could be on the verge of a recovery.Let's take a look at Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) and Cameco Corp. (TSX:CCO)(NYSE:CCJ) to see if one is attractive right now.BarrickA massive debt load and falling gold prices nearly killed Barrick a few years ago, but the company managed to pull off an impressive turnaround, and the...Read More
Mr. Ralph Shearing reportsTELSON MINING CORPORATION ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT FOR THE CAMPO MORADO MINETelson Mining Corp. has released the positive result of an independent preliminary economic assessment study (PEA) prepared in accordance with National Instrument 43-101 on the 100-per-cent-owned Campo Morado mine located in Guerrero state, Mexico.Campo Morado PEA highlig...Read More
As the TSX continues to struggle this year, investors are left looking for safe options to invest in. However, many industries have been hit hard and have seen significant sell-offs happen in just the first three months of the year.There are many factors that could be blamed for the turmoil, and that makes it all the more difficult to predict when we might see the markets stabilize. We saw the TSX...Read More