Mining Stocks Articles

Artisanal gold mining in South Africa is out of control. Mistakes that got it here

Thu Aug 11 02:40:04 2022 / Staff reporter

Artisanal gold mining is highly organised and rule-bound. Men, women and even children participate a hierarchy sustained by a web of buyers, sponsors and customers.Read full newsRead More

Saskatchewan beneficiary of another resource boom

2022-08-11 / Investor's Digest of Canada

The province of Saskatchewan has been the beneficiary of one resource boom after another in recent years. Agricultural commodities have always been part of the story. Conventional oil-and-gas production remains significant. Massive coal fields and potash deposits supply steady output of these essential resources for worldwide markets. Saskatchewan is also a global leader in uranium production with...Read More

Will Human Rights Abuses Burden China Solar Stocks?

August 11, 2022 / Jeff Siegel

No form of electricity generation is "clean."And this goes for renewable energy too.Sure, we know the environmental burdens that come with our reliance on fossil fuels: climate emissions, nitrogen oxides, water contamination. The list goes on and on. In fact, a peer-reviewed study from 2021 indicated that exposure to fine particulate matter (directly associated with the burning of fossil fuels) le...Read More

Prismo prepares to drill-test Palos Verdes near-surface high-grade shoot

August 11, 2022 / Posted Henry Lazenby

Prismo Metals (CSE: PRIZ) is preparing to drill-test an important near-surface target at its flagship Palos Verdes gold project in Sinaloa state, Mexico, after receiving an extension to its environmental permit in late July.The drill program is designed to test the Palos Verdes vein and a structural intersection with a second vein at depths where the company believes it can test a prominent, highe...Read More

Fuse Cobalt, Electra enter MOU for raw material supply

August 11, 2022 / Jackson Chen

Fuse Cobalt (TSXV: FUSE; US-OTC: FUSEF) has signed a memorandum of understanding with Electra Battery Materials (TSX: ELBM; NASDAQ: ELBM) for the supply of raw cobalt material.Fuse is exploring the Teledyne and Glencore Bucke projects located in Cobalt, Ont., which are near Electra's cobalt sulphate refinery in Temiskaming Shores.The MOU contains the framework of a future transaction that would se...Read More

Monarch increases M+I resource base by 39% following Croinor update

August 11, 2022 / Jackson Chen

Monarch Mining (TSX: GBAR; US-OTC: GBARF) has released a mineral resource estimate for its 100% owned Croinor gold project located 55 km east of Val-d'Or, Que. The resource estimate is based solely on potential underground mining and was prepared using all available information, including results from the latest drilling programs.Resources in the measured and indicated category amount to 903,600 t...Read More

Lucara starts shaft-sinking at Karowe mine expansion project

August 11, 2022 / Cecilia Jamasmie

Lucara Diamond (TSX: LUC) is moving towards the main shaft sinking phase of the underground expansion project at its Karowe mine in Botswana, which will extend the operation's life for 20 years - until 2040.The company said it had invested US$29.1 million in the project during the three months to end-June, with activities focused on the sinking of the main shaft and construction of the upgraded tr...Read More

Ukraine war crisis offers Canada an opportunity to lead with responsible mining

August 11, 2022 / Candace MacGibbon

Russia's invasion of Ukraine has shone a spotlight on energy security throughout Europe and the Americas. World leaders are finally paying attention to their reliance on Russia for energy and critical minerals, and they don't like what they see. Sanctions against Russia should continue and depending on how long and drawn out the invasion is, they may heighten. To date, Russian gold has been targe...Read More

Vizsla Silver reports more high-grade at Panuco in Mexico

August 11, 2022 / Northern Miner Staff

Drilling at the Copala vein at Vizsla Silver's (TSXV: VZLA; NYSE: VZLA) Panuco project in southern Sinaloa, Mexico has yielded high grades over broad intervals near surface with intercepts grading over 1,000 grams silver-equivalent per tonne.The results expand the high-grade mineralized footprint to over 900 metres along strike by 400 metres down dip and highlights from its news release today incl...Read More

SolGold reshuffles C-suite as it ramps up Cascabel

August 11, 2022 / Cecilia Jamasmie

Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) has announced a round of management changes, with newly appointed chief financial officer Ayten Saridas stepping down after only six weeks in the job.Saridas has been replaced by Keith Pollocks as interim CFO. Pollocks was formerly the CFO at Kasbah Resources (ASX: KAS), an Australian company with tin projects in Morocco.SolGold also said that...Read More

Monarch grows resources at Croinor gold project in Quebec

August 11, 2022 / Jackson Chen

Monarch Mining (TSX: GBAR; US-OTC: GBARF) has released a mineral resource estimate for its 100% owned Croinor gold project located 55 km east of Val-d'Or, Que. The resource estimate is based solely on potential underground mining and was prepared using all available information, including results from the latest drilling programs.Resources in the measured and indicated category amount to 903,600 t...Read More

Osino Resources' Twin Hills Gold Project Now over 3M Ounces with CEO Heye Daun (PFS next month)

Aug 11, 2022 / MiningStockEducation.com

Heye Daun joins MSE to discuss Osino Resources' recently-announced increased mineral resource of over 3M AuOz for its Twin ...Read More

What it takes to discover a multi-billion barrel oil field

Aug 11, 2022 / Lundin Group of Companies

Meet Torstein Sannes, Former Managing Director of Lundin Norway and Former Director of Lundin Energy AB. He sits down with ...Read More

ASANTE ANNOUNCES CLOSING OF ACQUISITION OF THE CHIRANO GOLD MINE IN GHANA

Wed Aug 10 23:39:18 2022 / Staff reporter

Vancouver, British Columbia, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that, further to its news release dated April 25, 2022, it has closed the acquisition of all of the issued and outstanding shares in the capital of Red Back Mining Pty Ltd, which indirectly holds a 90% interes...Read More

Kinross completes sale of Chirano mine in Ghana

Wed Aug 10 23:39:17 2022 / Staff reporter

(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) ("Kinross" and the "Company") announced today that it has completed the sale of all its interest in the Chirano mine in Ghana to Asante Gold Corporation (CSE: ASE; FSE: 1A9; GSE:ASG) ("Asante") for a total consideration of $225 million in...Read More

Unloved and Overlooked, Gold Mining Stocks Could Be Ultimate Contrarian Play

Wed Aug 10 23:39:15 2022 / Staff reporter

Commodities Analysis by Frank Holmes covering: XAU/USD, S&P 500, iShares Core S&P 500 ETF, SPDR (R) S&P 500. Read Frank Holmes's latest article on Investing.comRead full newsRead More

Unloved And Overlooked, Gold Mining Stocks Could Be The Ultimate Contrarian Play

Wed Aug 10 23:39:13 2022 / Staff reporter

Systemic risks abound right now that, in my view, could favor allocations to physical gold and gold mining stocks. Those risks include sustained inflation, a potential global recession, looming food and energy crisis, and an escalation of hostilities in Eastern Europe.Read full newsRead More

I-80 Gold posts $15 million loss in 2nd quarter

Wed Aug 10 23:39:11 2022 / Staff reporter

Chief Financial Officer Ryan Snow said the gold prepay and silver purchase and sale agreements of $75 million funded during the second quarter and gold sales that continued from theRead full newsRead More

Nova Scotia approves bid to raise tailings dam at Touquoy gold mine

Wed Aug 10 23:39:08 2022 / Staff reporter

Nova Scotia has approved an application from the owners of the Touquoy gold mine to raise the height of the wall of its existing tailings waste pondRead full newsRead More

Mining company says Nova Scotia approves bid to raise tailings dam at Gold mine

Wed Aug 10 23:39:06 2022 / Staff reporter

HALIFAX - Nova Scotia's Environment Department has approved an application from the owners of the Touquoy gold mine to raise the height of the wall of its existing tailings waste pond. Australian-based St Barbara's proposal to raise the tailings wall has been opposed by environmental groups, such as the Ecology Action Centre, which have voiced concerns about the potential for a dam breach. Bu...Read More

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