Recent News

Proxy adviser PIRC tells shareholders to oppose BHP Billiton's remuneration report

October 09, 2018 / www.mining.com

Oct 9 (Reuters) - Proxy voting adviser PIRC has recommended that BHP Billiton shareholders oppose the mining company's remuneration report at its annual general meeting on Oct. 17."... the maximum potential award for the CEO under all incentive schemes is considered excessive as it can represent more than 200 percent of base salary. There are concerns over certain features of the LTIP which are n...Read More

Burundi gets 15% gold-mining stake amid minerals expansion plans

October 09, 2018 / www.mining.com

(Bloomberg) - Burundi announced the start of operations of African Mining Burundi Ltd., a local gold miner in which the government has a 15 percent stake, as the East African nation puts its mineral resources at the center of a planned economic resurgence.The company has been granted rights to nine mining sites, President Pierre Nkurunziza said at a Monday ceremony in Burundi's northeast Muyinga p...Read More

Burundi gets 15% gold-mining stake amid minerals expansion plans

October 09, 2018 / www.mining.com

(Bloomberg) - Burundi announced the start of operations of African Mining Burundi Ltd., a local gold miner in which the government has a 15 percent stake, as the East African nation puts its mineral resources at the center of a planned economic resurgence.The company has been granted rights to nine mining sites, President Pierre Nkurunziza said at a Monday ceremony in Burundi's northeast Muyinga p...Read More

Granada Gold Mine (@granadagold) (#TSXV: $GGM) Starts Drilling at Granada and Announces Financing [...

October 09, 2018 / twitter.com

"Granada Gold Mine (@granadagold) (#TSXV: $GGM) Starts Drilling at Granada and Announces Financing [https://t.co/oKLQrAgmzK]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #investments #resources #mining"Read full newsRead More

IDM Mining Granted Provincial Environmental Assessment Certificate for the Red Mountain Gold Project...

October 09, 2018 / twitter.com

"IDM Mining Granted Provincial Environmental Assessment Certificate for the Red Mountain Gold Project https://t.co/N2RkSQw9Hs @IDMMining #goldmining #mining"Read full newsRead More

Algold Completes US$4.2M Funding Arrangement with Wafa @AlgoldResources

October 09, 2018 / bit.ly

Algold Resources Ltd. (TSXV:ALG) ("Algold" or the "Corporation") today announced completion of a low-dilution funding arrangement with major shareholder Wafa Mining & Petroleum SA ("Wafa"), a subsidiary of Wafa Holding, under which Wafa has acquired a 10% interest in the Corporation's Tirex subsidiary, owner of the Tijirit mining permit and gold development project (the "Investment"), as well as...Read More

Gold Gets Whacked Again!

October 09, 2018 / www.fxstreet.com

Currencies rally then stumble overnight... More on Russia than you paid for! Good Day... And a Tom Terrific Tuesday to you! BYE-BYE to the Braves and Indians as their baseball seasons ended yesterday. I spent the day yesterday, tidying up as Kathy is expected home today. So, with the kitchen being spotless, I told Alex that we needed to go out for dinner, and we did... I don't get the op...Read More

Redfund Capital (@RedfundC) (#CSE: $LOAN // #OTC: $PNNRF) Finances RxMM Health Capital Inc. [...

October 09, 2018 / twitter.com

"Redfund Capital (@RedfundC) (#CSE: $LOAN // #OTC: $PNNRF) Finances RxMM Health Capital Inc. [https://t.co/v2d0yL7IbF]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments #cannabis #merchantbank #merchantbanking"Read full newsRead More

U.S. labor market hot, jobs hard to fill: Fed's Harker

October 09, 2018 / www.kitco.com

(Reuters) - U.S. employers are struggling to fill jobs and that is unlikely to change any time soon given the labor market is getting quite tight, Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday.“We have a labor market with very little slack left, and the most common refrain I hear from employers is that they can’t fill the jobs they have,” Harker sa...Read More

U.S. labor market hot, jobs hard to fill: Fed's Harker

October 09, 2018 / www.kitco.com

(Reuters) - U.S. employers are struggling to fill jobs and that is unlikely to change any time soon given the labor market is getting quite tight, Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday.“We have a labor market with very little slack left, and the most common refrain I hear from employers is that they can’t fill the jobs they have,” Harker sa...Read More

Google goes global with 10 events for new Pixel phones

October 09, 2018 / www.kitco.com

SAN FRANCISCO (Reuters) - Alphabet Inc's Google unveiled on Tuesday the third edition of its Pixel smartphone, its first tablet computer and a new Google Home smart speaker that includes a display.The company hosted 10 media events around the world for the announcements, a hint that it is prepared to expand geographic distribution of the phone line it hopes someday is as popular as Apple Inc's iPh...Read More

Stocks climb, with Wall Street lifted by tech, bond yield retreat

October 09, 2018 / www.kitco.com

NEW YORK (Reuters) - Equity markets climbed in Europe and the United States, with Wall Street buoyed by a rebound in technology shares off two-month lows and as long-dated U.S. Treasury yields pulled back from multi-year highs.Stock markets in Asia and Europe trimmed earlier losses after a four-day selloff that had pushed shares in Asia to a 17-month low and knocked European shares to six-month lo...Read More

Exxon puts $1 M into quest for carbon tax-and-rebate plan

October 09, 2018 / www.mining.com

An effort to put a tax on carbon dioxide emissions just won an unlikely underwriter: a top producer of oil and gas.Exxon Mobil Corp. is putting $1 million into a political campaign that, if successful, would effectively spawn a tax tied to the company's core products.The carbon tax would boost the cost of energy derived from oil, natural gas and coal, thereby discouraging the use of those fossil f...Read More

UK Brexit minister Raab confident of Brexit deal in autumn

October 09, 2018 / www.kitco.com

LONDON (Reuters) - Britain’s Brexit minister Dominic Raab said on Tuesday he was confident of reaching a deal with the European Union in the coming months, and said the government should hold its nerve in the negotiations.“The negotiations were always bound to be tough in the final stretch. That’s all the more reason why we should hold our nerve, stay resolute and focused, and I...Read More

Goldrich Mining Company: Goldrich Mining Reports 2018 Production Totaling 17,100 Ounces of Gold at Chandalar Mine...

October 09, 2018 / twitter.com

"Goldrich Mining Company: Goldrich Mining Reports 2018 Production Totaling 17,100 Ounces of Gold at Chandalar Mine https://t.co/lassVeCybk"Read full newsRead More

Brucejack Q3 gold output up 13%

October 09, 2018 / dlvr.it

TSX- and NYSE-listed Pretium Resources increased its gold production at the Brucejack mine, in British Columbia, by nearly 13% in the third quarter, standing the company in good stead to meet its second-half production guidance.The mine produced 92 641 oz of gold in the third quarter, which compares with 82 203 oz in the prior-year period. Milling went down to 240 122 t, from 261 262 t, but the gr...Read More

US bans new mining claims on public land near Yellowstone

October 09, 2018 / dlvr.it

U.S. Interior Secretary Ryan Zinke approved a 20-year ban on new mining claims in the towering mountains north of Yellowstone National Park on Monday, after two proposed gold mines raised concerns that an area drawing tourists from the around the globe could be spoiled.Read full newsRead More

Gold, Silver Prices Firmer On Short Covering, Bargain Buying

October 09, 2018 / www.kitco.com

(Kitco News) - Gold and silver prices aremodestly up in early-afternoon U.S. trading Tuesday. Some mild short coveringin the futures markets and bottom-fishing in the cash markets were featured inboth metals today, following Monday's solid losses. The U.S. dollar index bymidday had backed well down from its early-morning six-week high, which alsoworked in favor of the precious metals market bu...Read More

Gold, Silver Prices Firmer On Short Covering, Bargain Buying

October 09, 2018 / www.kitco.com

(Kitco News) - Gold and silver prices are modestly up in early-afternoon U.S. trading Tuesday. Some mild short covering in the futures markets and bottom-fishing in the cash markets were featured in both metals today, following Monday's solid losses. The U.S. dollar index by midday had backed well down from its early-morning six-week high, which also worked in favor of the precious metals mark...Read More

Trump's U.N. envoy Nikki Haley quits, denies 2020 ambitions

October 09, 2018 / www.kitco.com

WASHINGTON (Reuters) - The U.S. ambassador to the United Nations, Nikki Haley, announced on Tuesday she is resigning, and immediately denied she was preparing to challenge President Donald Trump in the 2020 presidential election.Sitting beside Trump in the Oval Office, Haley said her 18-month stint at the United Nations had been “an honor of a lifetime” and said she would stay on until...Read More

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