Recent News

Rio Tinto ready to splash out on copper

June 29, 2018 / www.mining.com

Rio Tinto wants copper, and it's ready to pay top-dollar.The global miner would be willing to fork out a large premium over market value to secure a prime asset as it tries to reduce its reliance on iron ore, company and banking sources told Reuters.If it can't land a big copper project, it is weighing the cumulative power of a series of more modest acquisitions to increase its exposure to a metal...Read More

Swick Mining Services grows order book with contracts at Jundee and Renison

June 29, 2018 / dlvr.it

The contracts with Northern Star Resources and Bluestone Mines Tasmania JV reflect increasing demand for drill rigs.Read full newsRead More

South African Miner Sibanye Sued for Fraud Over Safety Promises

June 29, 2018 / dlvr.it

Statements by executives at South African miner Sibanye Gold Ltd.'s committing the company to worker safety were a fraud that caused stock market losses, according to a shareholder lawsuit.Read full newsRead More

U.S. billionaire who bet on housing crash clashes with Ontario gold producer Detour

June 29, 2018 / dlvr.it

John Paulson's hedge fund threatened to replace the Detour Gold board of directors on the same day management released a new plan for its flagship mineRead full newsRead More

Kootenay Announces Option Agreement with Capstone Mining for the La Mina Project

June 29, 2018 / dlvr.it

VANCOUVER, June 28, 2018 /CNW/ - Kootenay Silver Inc. (TSXV: KTN) (the 'Company' or 'Kootenay') is pleased to announce that its wholly owned Mexican subsidi...Read full newsRead More

Free Daily Technical Summary Reports on Harmony Gold Mining and Three Other Gold Stocks

June 29, 2018 / dlvr.it

Featured today on WallStEquities.com is the Gold industry, which comprises companies that are engaged in the exploration and production of gold from mines.Under observation this morning are the following fours stocks: Goldcorp Inc. (NYSE: GG), Harmony Gold Mining Co. Ltd (NYSE: HMY), Hecla Mining CoRead full newsRead More

Equinox to spin out Copper and Gold Assets

June 29, 2018 / dlvr.it

Equinox Gold Corp announced that plans to transfer all of its copper assets into a newly incorporated company named Solaris Copper Inc.Read full newsRead More

Sibanye, Regulus join efforts to develop Argentina's Altar project

June 29, 2018 / www.mining.com

South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), the precious metal miner target of several lawsuits over mounting deaths at its operations, said Friday it has inked an agreement with Canada's Regulus Resources (TSX-V: REG), and its newly formed subsidiary Aldebaran Resources, to jointly unlock value at the Altar copper-gold project, in Argentina.Under the terms of the deal, Sibanye's whol...Read More

Sibanye, Regulus join efforts to develop Argentina's Altar project

June 29, 2018 / www.mining.com

South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), the precious metal miner target of several lawsuits over mounting deaths at its operations, said Friday it has inked an agreement with Canada's Regulus Resources (TSX-V: REG), and its newly formed subsidiary Aldebaran Resources, to jointly unlock value at the Altar copper-gold project, in Argentina.Under the terms of the deal, Sibanye's whol...Read More

Sibanye, Regulus join efforts to develop Argentina's Altar project

June 29, 2018 / www.mining.com

South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), the precious metal miner target of several lawsuits over mounting deaths at its operations, said Friday it has inked an agreement with Canada's Regulus Resources (TSX-V: REG), and its newly formed subsidiary Aldebaran Resources, to jointly unlock value at the Altar copper-gold project, in Argentina.Under the terms of the deal, Sibanye's whol...Read More

Sandstorm Gold releases Hod Maden PFS and Increases Production Guidance

June 29, 2018 / dlvr.it

Sandstorm Gold Ltd announced that a summary of the results from the Hod Maden Pre-Feasibility Study. All figures are in US Dollars and are on a 100% project basis unless otherwise stated. Sandstorm has a 30% interest in the Hod Maden project.Read full newsRead More

PRECIOUS-Gold up from 6-month lows on bargain hunting, weaker dollar

June 29, 2018 / www.kitco.com

* Spot gold on track for third weekly fall * Gold down more than 5 pct this quarter * Platinum headed for 8 pct quarterly decline (New throughout, updates prices, market activity and comments,adds second byline, NEW YORKdateline)By Renita D. Young and Eric OnstadNEW YORK/LONDON, June 29 (Reuters) - Gold prices rose onFriday from six-month lows as a weaker U.S. dollar promptedbargain hunting, but b...Read More

Centerra mine's future up in the air as Kyrgyzstan to review deal

June 29, 2018 / www.mining.com

Fresh doubt has been cast over a deal reached last year between Centerra Gold (TSX:CG) (OTCMKTS: CAGDF) and the Kyrgyz Republic ending long-dragged disputes, after a government speaker confirmed Friday the parliament will review the settlement in September.According to radio Azattyk, the upcoming revision of the strategic agreement may lead to increased environmental payments for the company.The...Read More

Gold risk reversals hit 3-month low as markets favor put options

June 29, 2018 / www.fxstreet.com

Gold fell to $1,245 yesterday - the lowest level since December 2017. Falling gold risk reversals show rising demand for gold puts. Gold (XAU/USD) fell to $1,245 - the lowest level since December 2017 and looks set to extend losses further towards $1,235 (50-month moving average). The sharp drop in gold prices has boosted demand for XAU puts (bearish bets on gold), as indicated by risk reversals...Read More

FinCanna Increases Private Placement to $6.1 Million

June 29, 2018 / kincommunications.com

Vancouver, British Columbia, June 29, 2018 - FinCanna Capital Corp. ("FinCanna") (CSE: CALI) a royalty company for the U.S. licensed medical cannabis industry is pleased to announce that following higher than anticipated demand the Company has increased the size of its previously announced non-brokered private placement financing. Initially announced at $3 million and subsequently raised to $5 mi...Read More

China's No.1 maker of battery cells for EVs to build plant in Germany

June 29, 2018 / www.mining.com

China's Contemporary Amperex Technology (CATL) is said to be ready to start building a battery factory in Germany, planting a flag on the grounds of car giants BMW, Volkswagen and Daimler AG as part of a plan to settle close to most European automakers.Plant expected to be at the German state of Thuringia.According to anonymous sources quoted by Reuters, an official signing ceremony will take plac...Read More

Bluerock Diamonds trades up on resumption of production at Kareevlei

June 29, 2018 / www.mining.com

Bluerock Diamonds was up 7.87% to GBX1.27 (CAN0.02) a share after announcing production had resumed at its South African diamond mine, Kareevlei. The company announced that it had found a long-term fix for its cone crusher which had been affecting throughput. The company says that changes made to the crushing circuit will positively impact the plant's performance, improving throughput rates and wi...Read More

Bluerock Diamonds trades up on resumption of production at Kareevlei

June 29, 2018 / www.mining.com

Bluerock Diamonds was up 7.87% to GBX1.27 (CAN0.02) a share after announcing production had resumed at its South African diamond mine, Kareevlei.The company announced that it had found a long-term fix for its cone crusher which had been affecting throughput.The company says that changes made to the crushing circuit will positively impact the plant's performance, improving throughput rates and will...Read More

The "Trump Effect" Is Real: These Stocks Will Soar

June 29, 2018 / www.outsiderclub.com

CNBC's Morgan Brennan recently posed the following question to Raytheon Chairman and CEO Tom Kennedy:"Of course we're seeing increased defense spending around the globe right now. Some folks in this industry have actually pointed to what they call the 'Trump Effect.' Have you seen that, in terms of our allies and their spending?"This was Kennedy's answer:"Not only have I seen that, leaders of thes...Read More

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