Nevada Sunrise (TSXV:NEV) (Read full newsRead More
Mr. Blaine Monaghan reportsFREMONT IDENTIFIES POSSIBLE EXTENSION TO THE GOLD BAR MINE NEVADAFremont Gold Ltd. has identified several highly prospective drill targets at the company's Gold Bar project located in Eureka county, Nevada. A recently completed soil sampling program, based on a new structural interpretation, has identified coincident gold and mercury geochemical anomalies, and suggests t...Read More
TOKYO, Oct 30 - Japanese steelmakers JFE Holdings and Kobe Steel cut their annual profit forecasts on Tuesday due to technical glitches at their plants and higher costs of electricity, distribution and subsidiary materials.Japanese steelmakers are enjoying solid local demand from automakers and machinery manufacturers as well as the construction sector, which has been in full swing for the 2020 To...Read More
Oct 30 - Metals producer Nyrstar NV said on Tuesday that third-quarter core profit dropped 74 percent, hit by a combination of falling zinc prices, rising energy prices and higher mine operating expenses.The Belgian company, whose biggest shareholder is Swiss-based global commodities trader Trafigura, had already issued a profit warning last month and its shares slid 11.1 percent following Tuesday...Read More
Oct 30 - Belgium's Nyrstar NV posted a 74 percent plunge in third-quarter core profit on Tuesday, hurt by lower zinc treatment charges, rising energy prices and higher operating charges at mining operations.Underlying earnings before interest, tax, amortization and depreciation (EBITDA) came in at 13 million euros ($14.8 million) on revenues of 1.0 billion euros, the zinc and lead producer said.Fo...Read More
Oct 30 (Reuters) - U.S. specialty metals maker Arconic Inc reported a better-than-expected quarterly profit on Tuesday and raised its full year earnings forecast, driven by higher demand for aluminum parts used in airplanes.Shares of Arconic, which counts planemakers Boeing and Airbus as its customers, rose 2 percent to $19.60 in premarket trading.Arconic has increased hiring and capital expenditu...Read More
BHP Billiton Ltd.'s giant Olympic Dam mine in Australia's Outback is a labyrinth of 450 kilometers of tunnels and roads - an ideal testing ground for the industry's burgeoning shift toward cleaner power.Taking about 30 minutes to drive from top to bottom, there's ample opportunity for the world's biggest miner to test electric SUVs in a bid to cut both costs and pollution, including potentially ha...Read More
"Rio Tinto CEO JS Jacques says there would be upside risk - sorry, benefits - in miners cutting out jargon ($) | https://t.co/LFg94lKqIY $RIO #IMARC2018"Read full newsRead More
China's stimulus efforts aimed at preventing the economy from slowing further and minimizing the impact of U.S. tariffs are supporting raw materials demand, according to Rio Tinto Group."The Chinese machine is still working very well," CEO Jean-Sebastien Jacques said Tuesday in an interview with Bloomberg Television.China has had a spurt of local bond issuance intended to fund roads, homes and oth...Read More
Chaarat Gold Holdings (LON:CGH), the company that tried buying Centerra's Kumtor mine in the Kyrgyz Republic, has agreed to acquire Kapan gold mine in Armenia from Polymetal, one of Russia's largest gold and silver producers.The $55 million deal is part of Chaarat's intention of becoming a major regional player in Central Asia, with an annual production of 1 million ounces, which it aims to rea...Read More
Mr. Dan Stuartof Juggernaut reports DSM SYNDICATE DISCOVERS SECOND HIGH GRADE ZONE ON GOLDSTAR PROPERTY WITH SAMPLES UP TO 20.6 GRAMS PER TONNE GOLD AND 761 GRAMS PER TONNE SILVER REMAINS OPENJuggernaut Exploration Ltd. andGoliath Resources Ltd. have released channel, chip and grab sample assay results from the Gold Star property at the newly discovered 190-metre-long Goldilocks quartz vein stockw...Read More
Vancouver-based MGX Minerals (CSE: XMG) announced today that its engineering partner PurLucid Treatment Solutions has deployed the first advanced wastewater treatment system in Alberta.This development is part of MGX's quest to move forward with a rapid lithium extraction technology which, the company says, reduces the physical footprint and investment in large, multi-phase, lake-sized, lined evap...Read More
Mr. Rudi Fronk reportsSEABRIDGE GOLD DRILLING SUCCESSFULLY EXPANDS IRON CAP DEPOSIT AT KSMThe first two holes completed in this summer's drilling on the Iron Cap deposit at Seabridge Gold Inc.'s 100-per-cent-owned KSM project in northwestern British Columbia, Canada, have intersected some exceptional widths of gold and copper mineralization with grades exceeding the KSM resource average. Results f...Read More
Prospect generator Silver Range Resources (TSX-V:SNG) announced today that it has completed a fall reconnaissance program in Nevada and staked two new high-grade gold prospects.The first site is the century-old Loner Property located in Pershing County, 35 kms south of Winnemucca in the Grass Valley. "Claims cover high grade low sulphidation epithermal veins first discovered in 1906 and mined on a...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), and Mobius Knowledge Services are pleased to announce the completion of strategic enterprise partnership agreement where Mobius will integrate Venzee Mesh API into their Product Information Management ("PIMworks") platform for Venzee to upload accurate, relevant product content to various retailers their client...Read More
Chaarat Gold Holdings (LON:CGH), the company that tried and failed to buy Centerra Gold's (TSX:CG) Kumtor mine in Kyrgyzstan, revealed Wednesday the Canadian miner turned down an unconventional takeover offer, valued at about C$2 billion (roughly $1.52B), for the entire company.The Central Asia-focused gold miner last month proposed buying the Toronto-based company in an all-cash transaction at...Read More
Industry experts discuss applications for big data in mining at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Moderator: John Cumming, The Northern Miner editor-in-chief.Panellists (from left): Talia Dabby, PwC Canada director; Glenn Mullan, PDAC president; Humera Malik, Canvas Analytics CEO; Gordon Stothart, Iamgold executive vice-presiden...Read More
Latin America has been generating headlines in recent times. Brazil's ongoing political ructions, which include the emergence of a dominant far-right popular political party, fears that Argentina's economy is again on the verge of collapse, and the end of Latin America's longest-running civil conflict in Colombia have brought the region firmly under the spotlight. Further attention is being garne...Read More
A combination of weaker gold and some disappointing results saw the market heavily mark down precious metals streamer Sandstorm Gold (TSX:SSL)(NYSE:SAND) during August to see its down by almost 21% since the start of 2018. This decline in value is roughly triple the 7.3% lost by gold over the same period. While higher interest rates and a firmer U.S. dollar are weighing on precious metals stocks...Read More
October brings beautiful fall colours, but in 2018 it also brought some unwanted volatility to the TSX Index.Just as trees shedding their leaves is a necessary part of nature, giving way to new life next spring, sell-offs like we've seen over the past month create new opportunities for Foolish investors.Maxar Technologies (TSX:MAXR)(NYSE:MAXR) is a technology company undergoing a pretty significa...Read More