Mining Stocks Articles

Steppe Gold Announces Strong Operating Cash Flow in Second Quarter Results

Mon Aug 17 14:35:02 2020 / Steppe Gold | TSX: STGO

Steppe Gold Limited (TSX:STGO) (Read full newsRead More

Carlyle Forms Advisory Board and Appoints Two Strategic Partners as First Members

Mon Aug 17 14:24:55 2020 / Carlyle Commodities Corp.

Carlyle Commodities Corp. (CSE:CCC) (FSE: 1OZA) (OTC Pink: DLRYF) (Read full newsRead More

RT @chigrl: And another >>#Shale driller #Chaparral Energy files for bankruptcy due to pandemic woes

Mon Aug 17 13:26:19 2020 / 𝕮𝖍𝖎 🛢️

Oklahoma shale driller Chaparral Energy Inc filed for Chapter 11 bankruptcy protection on Sunday, the latest U.S. energy sector casualty in recent months as COVID-19 crushes oil demand.Read full newsRead More

RT @staunovo: Trucks, excavators to help push #China's diesel demand to record #oott

Mon Aug 17 12:33:32 2020 / Giovanni Staunovo🛢

China's diesel demand is likely to hit a record this year powered by trucking activity, as Beijing's aggressive stimulus fuels a construction and delivery boom and a speedy recovery in heavy machinery sales, analysts say.Read full newsRead More

Siyata Mobile Appoints Nicholas Yaeger as VP of Sales for the Company's Verizon Account

August 17, 2020 07:31:57 / Staff reporter

Montr?(C)al, Qu?(C)bec - August 17, 2020 - Siyata Mobile Inc. (the "Company" or "Siyata") (TSX-V:SIM / OTCQX:SYATF) is pleased to announce the appointment of Nicholas Yaeger as VP of Sales for the Company's Verizon Account, effective immediately.Mr. Yaeger is an experienced individual who has worked at Verizon in various roles and departments for more than 15 years. His extensive background in the...Read More

U.S. releases draft assessment of Idaho open-pit gold mines

Mon Aug 17 00:24:03 2020 / Staff reporter

BOISE, Idaho (AP) - The U.S. government on Friday released a draft environmental report on the potential effects of three open-pit gold mines in salmon habitat in central Idaho proposed by a Canadian company. The U.S. Forest Service will take comments for 60 days on the documents involving British Columbia-based Midas Gold's plan that includes restoration work in the already heavily mined area. Mi...Read More

Gold Mining Q2 Earnings Mostly Upbeat: ETFs in Focus

Mon Aug 17 00:24:03 2020 / Staff reporter

Gold miners remained one of the biggest coronavirus beneficiaries.Read full newsRead More

ALERT: Warren Buffett Bought Barrick Gold Stock - Should You?

August 17, 2020 / Victoria Hetherington

The outstanding success of gold stocks during the pandemic continues this week, as Barrick Gold (TSX:ABX)(NYSE:GOLD) soars +10%. The rocketing share price can be attributed to investment guru Warren Buffett and his famous holding company Berkshire Hathaway. But is Barrick stock a good buy for the general investor? And what might this latest development signal for low-risk portfolio holders? L...Read More

Has Warren Buffett Finally Changed His Stance on Gold Investing?

August 17, 2020 / Brian Paradza, CFA

News on Friday was that legendary investor Warren Buffett’s Berkshire Hathaway’s investment portfolio has, for the first time, opened a new position in a gold stock. The news has raised media speculation that the Oracle of Omaha might have changed his value investment philosophy. The man historically discouraged investing in the precious metal. Has Mr. Buffett changed his stance on gol...Read More

Warren Buffett Amazes the Markets Again and Buys Barrick Gold (TSX:ABX)

August 17, 2020 / Vineet Kulkarni

The legendary investor Warren Buffett once again surprised the global investing community with his trades recently. Buffett-led Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRKB) was pretty active during the second quarter of 2020, which saw one of the best recoveries after an epic crash in March.Warren Buffett in Q2Institutional investors disclose their stock holdings through 13F filings after 45 days of...Read More

Warren Buffett Bets BIG on Gold ... and Canada!

August 17, 2020 / Andrew Button

Warren Buffett has never been the biggest fan of gold. Having stressed its “lack of utility” in many public statements, he has mostly avoided investing in it. Buffett generally prefers investing in more productive assets and considers gold to be a “bet on fear.”Recently, however, the Oracle of Omaha seems to have changed course. In the second quarter, he made a major bet on...Read More

Warren Buffett Just Bought Barrick Gold (TSX:ABX) Stock

August 17, 2020 / Kay Ng

A lot of people were surprised that Warren Buffett’s Berkshire Hathaway bought shares of gold miner Barrick Gold (TSX:ABX)(NYSE:GOLD) in the second quarter.Generally, Buffett isn’t a believer in gold as an investment, because the asset doesn’t produce anything. He notes that people buy gold hoping that someone will pay more for it later.In 2011, there was a bubble in gold. It was...Read More

South Africa copper-zinc project officially shovel ready

17 August 2020 / Staff reporter

The project is now ready for development, pending finance. Earlier this month, Orion was granted the water use licence.Read More

Chrysos sees North America market foothold

17 August 2020 / Staff reporter

Chrysos' Photon Assay is a quantitative chemistry-free replacement for fire assay on site and in the laboratory.Read More

Western Magnesium Corporation (TSXV: WMG; Frankfurt-M1V; OTCQB: MLYF): Bringing Magnesium Production Back into the USA; Interview with Sam Ataya, Executive President, CEO and Paul Sauve, VP of Operations

17/8/2020 / Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA

Western Magnesium, and from Paul Sauve, the Company's Vice President of Operations that the Company's focus is bringing magnesium production back into the United States, targeting industries, such as the auto, aerospace, airline, electric car batteries, US government and the DOD. We learned from Mr. Ataya and Mr. Sauve that their proprietary technology is scalable, and price competitive with the w...Read More

Warren Buffett Buys GOLD

August 17, 2020 / Luke Burgess

According to an SEC filing released late on Friday, Berkshire Hathaway bought a sizable position in Canadian miner Barrick Gold (NYSE: GOLD) in the second quarter while simultaneously selling shares of U.S. banks.The filing shows Berkshire purchased 20.9 million share of GOLD, worth over $560 million. Shares of GOLD jumped over 8% in after-market trading following the announcement.Meanwhile, the f...Read More

Mexican gov't greenlights Orla Mining's Camino Rojo

August 17, 2020 / Trish Saywell

Mexico has approved the environmental impact statement (EIS) for Orla Mining's (TSX: OLA) Camino Rojo oxide gold project in Zacatecas state - clearing the way for mine construction to start.The approval from the Mexican Federal Environmental Department (Semarnat) also satisfies one of the key conditions for the company to drawdown the remaining US$100 million available on a US$125 million project...Read More

Marathon Gold extends Berry zone at Valentine

August 17, 2020 / Canadian Mining Journal staff

The latest drill results from the Berry zone, within the 6-km long Sprite corridor at Marathon Gold's (TSX: MOZ) Valentine gold project, extend the strike length of this area of mineralization to 650 metres, from approximately 450 metres previously.The highlight intercepts include 47 metres of 2.96 grams gold per tonne starting at 166 metres; 30 metres of 2.23 grams gold per tonne from 121 metres;...Read More

Banyan Gold finds grade continuity at Airstrip zone in Yukon

August 17, 2020 / Canadian Mining Journal staff

Banyan Gold (TSXV: BYN) has released assays for nine holes completed at the Airstrip zone within its AurMac property, 56 km northeast of Mayo, Yukon. The drilling has extended the strike length of the mineralized zone by approximately 300 metres to the west, as well as down-dip, within the limits of the conceptual pit that constrains the existing Airstrip deposit.Drill highlights include 116 metre...Read More

Lynas raises funds for processing plant in Australia

August 17, 2020 / Cecilia JamasmieMiningcom

Rare earths miner Lynas Corp. (ASX: LYC) posted a smaller-than-expected annual loss and outlined plans to raise A$425 million (around US$307 million) to fund construction of a new ore processing plant in Australia.The world's biggest rare earths miner outside China said the loss (after tax) came in at A$19.4 million for the year ended June 30, compared with a profit of A$83.1 million a year earlie...Read More

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