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Rio Tinto becomes sole owner of Pistol Bay uranium assets in Canada

February 13, 2018 / www.mining.com

Rio Tinto (LON:RIO) has become the sole owner of Pistol Bay Mining's. (TSX-V: PST) uranium assets in the Athabasca Basin of Saskatchewan, Canada, by making a final payment of $1 million in cash.With the acquisition, the world's second largest miner is materializing plans of grabbing those three assets, which are located close to Cameco's McArthur River mine - the world's largest producing uraniu...Read More

Rio Tinto becomes sole owner of Pistol Bay uranium assets in Canada

February 13, 2018 / www.mining.com

Rio Tinto (LON:RIO) has become the sole owner of Pistol Bay Mining's. (TSX-V: PST) uranium assets in the Athabasca Basin of Saskatchewan, Canada, by making a final payment of $1 million in cash.With the acquisition, the world's second largest miner is materializing plans of grabbing those three assets, which are located close to Cameco's McArthur River mine - the world's largest producing uraniu...Read More

FOREX-Euro gains as stronger stocks hurt dollar; yen hits 5-month high

February 13, 2018 / www.kitco.com

* Euro rises for 2nd day after falls last week* Dollar retreats after best week since 2016* Yen hits five-month high, up 0.9 pct on day* Rand edges up with Zuma closer to exit* Graphic: World FX rates in 2018 By Tommy WilkesLONDON, Feb 13 (Reuters) - The euro gained on Tuesday as gains in global equity markets encouraged traders to sell the dollar and tiptoe back into riskier assets.The dollar was...Read More

Gold trader gets Dubai licence to trade and store cryptocurrencies

February 13, 2018 / www.kitco.com

DUBAI, Feb 13 (Reuters) - Gold trader Regal RA DMCC has become the first company in the Middle East to be awarded a licence by the Dubai Multi Commodities Centre (DMCC) to trade in cryptocurrencies.The licence allows the company to store bitcoin, ethereum and other alternatives to the best-known digital currencies in a vault located in the headquarters of the commodities free zone, DMCC said in a...Read More

Another death at one of Sibanye-Stillwater gold mines

February 13, 2018 / www.mining.com

A Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) worker died on Monday night while clearing a blocked ore pass at the company's Driefontein gold operation in South Africa, less than a week after a fall of rocks at its Kloof mine killed two people.The precious metals miner said investigations into the latest incident by management together with the department of mineral resources (DMR) and other releva...Read More

Another death at one of Sibanye-Stillwater gold mines

February 13, 2018 / www.mining.com

A Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) worker died on Monday night while clearing a blocked ore pass at the company's Driefontein gold operation in South Africa, less than a week after a fall of rocks at its Kloof mine killed two people.The precious metals miner said investigations into the latest incident by management together with the department of mineral resources (DMR) and other releva...Read More

Another death at one of Sibanye-Stillwater gold mines

February 13, 2018 / www.mining.com

A Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) worker died on Monday night while clearing a blocked ore pass at the company's Driefontein gold operation in South Africa, less than a week after a fall of rocks at its Kloof mine killed two people.The precious metals miner said investigations into the latest incident by management together with the department of mineral resources (DMR) and other releva...Read More

Another death at one of Sibanye-Stillwater gold mines

February 13, 2018 / www.mining.com

A Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) worker died on Monday night while clearing a blocked ore pass at the company's Driefontein gold operation in South Africa, less than a week after a fall of rocks at its Kloof mine killed two people.The precious metals miner said investigations into the latest incident by management together with the department of mineral resources (DMR) and other releva...Read More

UPDATE 1-Australia's BHP flags $1.8 bln charge from U.S. tax reform

February 13, 2018 / www.kitco.com

(Adds details from statement, and background)Feb 13 (Reuters) - BHP Billiton said on Tuesday it will record a $1.8 billion income tax expense due to cuts in the U.S. Federal corporate income tax rate.The expense, which will be treated as an exceptional item, consists mainly of a non-cash charge on deferred taxes of $898 million and another charge on foreign tax credits of $834 million. However, t...Read More

Emergent Technology?,,? And Yamana Gold To Improve Gold Supply Chain

February 13, 2018 / dlvr.it

SANTA CLARA, Calif., Feb. 12, 2018 /PRNewswire/ -- Emergent Technology Holdings LP (Read full newsRead More

Submerged Test of Seafloor Mining Tools Completed

February 13, 2018 / dlvr.it

Nautilus Minerals has successfully completed submerged trials of its seafloor production tools in Pa...Read full newsRead More

NFL free agency: 49ers team needs, targets line up with gold mine to spend

February 13, 2018 / dlvr.it

SN breaks down San Francisco's biggest team needs for free agency and the 2018 NFL Draft, plus which specific players the 49ers might target throughout the offseason.Read full newsRead More

18 killed as Venezuela army takes control of wildcat mine

February 13, 2018 / dlvr.it

At least 18 people were killed at an illegal gold mine in southern Venezuela during clashes with security forces looking to take control of the area, an official said Sunday.Read full newsRead More

Mining 101

February 13, 2018 / dlvr.it

Metal mining provides us with materials essential for modern life. But mining also devastates communities, clean water and the environment. Negative impacts of today's metal mines Massive landslide at the Bingham Canyon mine in Utah. Photo: Deseret News. Destroyed landscapes... More >>Read full newsRead More

Canadian Exchanges Stock Scanner, Trevali Mining, Yamana Gold, First Quantum Minerals, and Kinross Gold

February 13, 2018 / dlvr.it

LONDON, UK / ACCESSWIRE / February 12, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Trevali Mining, Yamana Gold, ...Read full newsRead More

UPDATE 1-South African miner Harmony Gold's H1 profit rises 49 pct

February 13, 2018 / www.kitco.com

(Adds production details, Moab Khotsong mining rights, CEO quote)JOHANNESBURG, Feb 13 (Reuters) - South African miner Harmony Gold's half-year profit rose 49 percent, boosted by improved performance at its South African operations, the firm said on Tuesday.Headline earnings per share (HEPS), the main profit measure in South Africa that strips out certain one-off items, rose to 2.24 rand per share...Read More

New gold rush: Energy demands soar in Iceland for bitcoins

February 13, 2018 / dlvr.it

KEFLAVIK, Iceland- Iceland is expected to use more energy mining bitcoins and other virtual currencies this year than it uses to power its homes. The relatively sudden growth of the new industry has prompted Smari McCarthy, a lawmaker for Iceland's Pirate Party, to suggest taxing the profits of bitcoin mines.Read full newsRead More

Is Now the Perfect Time to Be Bullish on Gold? - TheStreet

February 13, 2018 / www.thestreet.com

The gold market is ended its second consecutive week in negative territory and many investors are asking: What happened? Gold's losses come as equity markets fell sharply into corrective territory, with the past week seeing the  Dow Jones Industrial Average shedding more than 1,000 points in two sessions.  However, gold, while notching further weekly losses, has outperformed equity mar...Read More

Stocks Rip Higher, Dow Jumps Over 400 Points as Markets Rebound - TheStreet

February 13, 2018 / www.thestreet.com

Here are 4 Hot Things to Know About Stocks Right Now Stocks posted their first two-day winning streak in February.The Dow Jones Industrial Average, S&P 500 and Nasdaq each ended last week down more than 5%, their worst performances since January 2016.Apple Inc. , Boeing Co. and American Express Co. were leading gainers on the Dow on Monday. Energy shares were a standout as U.S...Read More

U.S. Stocks Jump, Send Nasdaq Higher for the Year: Markets Wrap

February 13, 2018 / www.bloomberg.com

Dollar's decline helps support prices for raw materialsInvestor focus turns to U.S. inflation outlook and ratesKleinwort Hambros' CIO says opportunities will arise from this market.U.S. stocks surged, with financial markets showing signs of recovery after the worst week in two years for American equities. The 10-year yield fell back from the four-year high hit earlier Monday as the dollar sli...Read More

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