Recent News

Kinross Gold Mining FCPA Settlement: SEC Continues Internal Controls Focus

April 04, 2018 / dlvr.it

The SEC continues to exercise its powerful enforcement tool - internal controls violations - in FCPA enforcement actions against public companies. Kinross Gold Corporation is the latest company...Read full newsRead More

Bonterrra Resources drills 3m of 17 g/t Au at Gladiator

April 03, 2018 / www.stockwatch.com

Mr. Nav Dhaliwal reportsBONTERRA EXTENDS GLADIATOR GOLD DEPOSIT FURTHER WESTWARD 17.8 G/T AU INTERSECTED OVER 3.0 METERSBonterra Resources Inc. has released the latest results from the continuing winter drilling campaign at the Gladiator gold deposit, including an intersection of 17.8 grams per tonne gold over 3.0 metres. High-grade intersections extend multiple zones westward, adding strike lengt...Read More

Calibre\'s JV partner releases NI 43-101 Borosi estimate

April 03, 2018 / www.stockwatch.com

Mr. Greg Smith reportsCALIBRE MINING ANNOUNCES THAT JOINT VENTURE PARTNER IAMGOLD HAS REPORTED AN INFERRED MINERAL RESOURCE ESTIMATE OF 812,000 GOLD EQUIVALENT OUNCES ON THE EASTERN BOROSI PROJECT, NICARAGUACalibre Mining Corp.'s joint venture partner Iamgold Corp. has released an initial and updated National Instrument 43-101-compliant inferred mineral resource estimate on the Eastern Borosi gold...Read More

Oreninc Index increases as brokered and bought deals return,April 2, 2018

April 03, 2018 / www.miningfeeds.com

Last week index score: 28.01 (updated)This week: 42.63Zinc One Resources (TSXV:Z) received the first results from drilling at its Bongar?? zinc mine project in north-central Peru.NuLegacy Gold (TSXV: NUG) said late winter storms deposited as much as three feet of snow on parts of its Red Hill property in the Cortez gold trend of Nevada, USA.Prospero Silver (TSXV: PSL) announced the results of the...Read More

Anglo suspends Minas-Rio operations for 90 days

April 03, 2018 / www.mining-journal.com

It said in a statement that the operation had been suspended since the leak detection on March 29 so that it could carry out a full inspection of the 500km pipeline that carries iron ore in slurry form from the mine to the export terminal in Rio de Janeiro. Read More

Orefinders in deal with Kerr to acquire Abitibi properties

April 03, 2018 / resourceworld.com

Headframe of the McGarry Mine that Orefinders is acquiring from Kerr Mines. Source Orefinders Resources Inc.Orefinders Resources Inc. [ORX-TSXV, OTC-ORFD] said Tuesday April 3 that it has entered into a definitive agreement to acquire a 100% interest in the McGarry Mine and Barber-Larder properties from Kerr Mines Inc. [KER-TSX]. They are collectively known as McGarry."We are very pleased to annou...Read More

Gold Prices Move Higher on Softer Dollar, Trade Tensions

April 03, 2018 / in.investing.com

Investing.com - Gold prices pushed higher on Monday boosted by the softer dollar and in escalation in trade tensions between the U.S. and China, which underpinned safe haven demand for the precious metal.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange rose $8.00 or 0.6% to $1,335.3 a troy ounce by 04:39 AM ET (08:39 AM GMT).China announced Monday that it is...Read More

Romios (TSXV: $RG) Signs Letter Agreement with Mcewen Mining to Sell Timmins Hislop Property

April 03, 2018 / www.investorideas.com

Toronto, Ontario - April 3, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ("Romios" or the "Company") is pleased to announce that it has signed an agreement with McEwen Mining Inc. (the "Letter Agreement") to sell the Company's Timmins Hislop property (the "Roger Gold Property") in Hislop Township in the Matheson gold camp, On...Read More

Gold Weekly: Facing A Volatile Macro Backdrop

April 03, 2018 / seekingalpha.com

Gold experiences wild swings amid a volatile macro backdrop.Speculators turned very bullish on gold over March 20-27, the CFTC shows.But ETF investors took some profit, FastMarkets' estimates show.Elevated trade war fears set to dominate the market in near term. This is dollar-negative.I have a long position in IAU, expecting a fresh 2018 high in Q2. Source: Pinterest. Introduction Welcome to my G...Read More

"The recovery of micro-diamonds is extraordinary"

April 03, 2018 / www.mining-journal.com

Shares in the Eric Sprott-backed company, which started trading on the TSX Venture Exchange on November 29 following its reverse takeover of Consolidated Westview Resource Corp, shot up 150% yesterday to close at C60c."The recovery of micro-diamonds is extraordinary given that the primary objective of the laboratory process was to extract kimberlite indicator minerals, not diamonds," president and...Read More

Gold Fields acquires 45% stake in Asanko gold mine...

March 29, 2018 / www.mining-journal.com

The US$185 million acquisition will provide access to the mine, as well as associated properties and exploration rights of the multi-deposit complex. The latter includes the two main Nkran and Esaase deposits and nine known satellite deposits.Read More

STEEL WEEK IN BRIEF: Falling raw materials prices, EU safeguard probe, China's Cisa conference...

March 29, 2018 / www.metalbulletin.com

Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices recovered to $65 per tonne cfr China on Thursday March 29, despite limited physical trading in China, after reaching $63 per tonne on Wednesday.Fortescue Metals Group (FMG) has revised its guidance for the prices it expects to realize for iron ore sold in the year ending June 30, amid su...Read More

Fjordland (TSXV: FEX) Options Property from Unity Resources in Labrador

March 29, 2018 / www.investorideas.com

Vancouver, British Columbia - March 29, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Fjordland Exploration Inc. (TSXV: FEX) ("Fjordland") announces a Letter of Intent has been signed with Unity Resources Inc. ("Unity") granting Fjordland the option to acquire a 65% interest in one mining claim located in the South Voisey's area, Labrador. Under the terms of the agreement, Fjordland has the o...Read More

International miners seek revisions to punitive DRC code

March 29, 2018 / resourceworld.com

Shaft 1 head gear for the Platreef Project, South Africa. Source: Ivanhoe Mines Ltd.Ivanhoe Mines Ltd. [IVN-TSX; IVPAF-OTC] on Thursday March 29 said a formal proposal outlining recommended changes to the 2018 national mining code has been submitted to the Democratic Republic of Congo's Minister of Mines by a group of international mining companies that includes Ivanhoe.The announcement follows re...Read More

Of all things molybdenum could crash cobalt, nickel price party

March 30, 2018 / www.mining.com

Cobalt's rise to six-digit territory seems inexorable as the hype around electric vehicle demand for battery materials shows no signs of cooling.Despite a pullback this week, at $95,000 a tonne cobalt is up another 24% in 2018 as it builds on a more than fourfold increase in value from record lows early 2016. Batteries - mainly for cellphones - constitute 55% of cobalt demand at present, but is se...Read More

Gold Signals That Higher Prices Are Coming And Then Moves Lower

March 30, 2018 / seekingalpha.com

Higher lows since late 2015.Close to a breakout level.A bullish key reversal.The technical levels that gold will face.Silver needs to validate gold.For the third consecutive year, the price of gold is higher as the first quarter comes to an end than it was at the end of the previous year. In 2015 gold ended December at $1060.50, and by the end of Q1 2016, the price was trading at the $1233.40 per...Read More

.@RioTinto's $5-billion Oyu Tolgoi expansion continues despite Swiss probe:

March 27, 2018 / ow.ly

As Switzerland's attorney general examines the mining company's operations, Rio Tinto continues to make progress at its Oyu Tolgoi mine.Read full newsRead More

Canadian Mining Firm Settles U.S. Bribery Case

March 27, 2018 / dlvr.it

Canadian gold-mining firm Kinross Gold Corp. settled with U.S. authorities over a probe into potential violations of the Foreign Corrupt Practices Act in its West African mining operations.Read full newsRead More

Vedanta to shut copper smelter in India for about 15 days

March 28, 2018 / in.investing.com

March 27 (Reuters) - Vedanta Resources Plc VED.L said on Tuesday its India unit Vedanta Ltd's VDAN.NS copper smelting operations at Thootukudi, in the southern state of Tamil Nadu (NS:TNNP), will be closed for about 15 days as part of a maintenance shutdown.The news of the maintenance activity, which Vedanta said was earlier scheduled for April, comes amid local media reports that thousands had...Read More

Giga Metals Corporation (TSX.V: GIGA, FSE: BRR2): Developing One of the Largest Undeveloped Nickel-Cobalt Deposits, Focused on Key Metals Used in Electric Vehicle Batteries, Interview with Mark Jarvis, President

March 28, 2018 / www.metalsnews.com

Giga Metals Corporation (TSX.V: GIGA, FSE: BRR2) aims to be a premier supplier of the battery metals that will be needed as the world progresses to a future powered by clean energy. They are currently focused on two of the key metals, used in the batteries of electric vehicles: Nickel and Cobalt. Their Turnagain Project, located in north central British Columbia, is among the largest undeveloped n...Read More

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