I think we can all agree, it was an interesting week last week in the stock market, to say the least. For the week, the Dow was down 2.9%, the SPX was down 3.9% and the Nasdaq was down 3.8%. All three indices closed below their 200 dma. It can be argued that, on a short-term basis, the stock market is "oversold" using the MACD as an indicator. However, it appears that hedge fund algos are being r...Read More
A typical example of massive copper (chalcopyrite) mineralization in a diamond drill core from the New Craigmont Project 14 km from Merritt, southern British Columbia. Source: Nicola Mining Inc.Nicola Mining Inc. [NIM-TSXV] said Tuesday October 30 that it has commenced an extensive reverse circulation drilling program on waste piles at its 100%-owned New Craigmont Project, which is located in the...Read More
Outcrop washing at the Bell Zone on the Alces Lake REE property. Source: Appia Energy Corp. Appia Energy Corp. [API-CSE; APAAF-OTCQB; AOI-FSE] has released some impressive analytical results from surface channel samples collected from the Wilson Zone as part of a recently completed exploration program carried out at the Alces Lake property in northern Saskatchewan.Highlights include results from l...Read More
The Guyana Goldfields Aurora gold mine in northwest Guyana, South America. Source: Guyana Goldfields Inc.Guyana Goldfields Inc. [GUY-TSX; OTC-GUYFF] took a steep tumble Tuesday October 30 following a downward revision in its 2018 gold production guidance.In a press release that also contained the company's third quarter operational and financial results, the company said 2018 production guidance h...Read More
Einstein called it the most powerful force in the universe and the eighth wonder of the world.Warren Buffett said it was the secret to wealth.It's also why vampires are stupid rich.I'm talking about compound interest. Perhaps you'd like to learn more about this powerful force and the secret to true wealth. Well, I'll tell you.First of all, there are two basic ways to calculate interest: simple and...Read More
An updated preliminary economic assessment of Marathon Gold's (TSX: MOZ) Valentine Lake project in Newfoundland, which was based on 20,000 metres of additional drilling since February, among other work, demonstrates stronger economics than an earlier PEA completed in May.The new PEA estimates the project will produce 2.72 million ounces of gold, an average of 225,100 ounces per year, over a 12-yea...Read More
OceanaGold (TSX: OGC; ASX: OGC) has announced new high grade gold intersections from its Martha gold project at its Waihi gold mine in New Zealand. The company will include the latest results in an underground resource model for Martha it will release later this year.In August 2018, the company announced it had increased Martha's indicated resource by 700% to 760,000 indicated tonnes grading 5.8 g...Read More
Two years ago New Age Metals (TSX: NAM; US-OTC: PAWEF) became one of the largest claim holders in the Winnipeg River Pegmatite Field of southeastern Manitoba, 125 km northeast of Winnipeg.Through staking and acquisitions, the junior acquired 6,000 hectares and five hard-rock lithium projects that contain spodumene-bearing pegmatites near or adjacent to the Tanco pegmatite, a lithium-cesium-tantalu...Read More
Excelsior Mining (TSX: MIN; US-OTC: EXMGF) plans to complete construction at its Gunnison copper project in southeastern Arizona and enter production over the next year after agreeing to a US$75 million project financing package with Triple Flag Mining Finance.Triple Flag will buy a US$65 million copper stream on Gunnison and US$10 million in shares from Excelsior. The package includes an option f...Read More
Two years ago, New Age Metals (TSXV: NAM; US-OTC: NMTLF) became one of the largest claim holders in the Winnipeg River pegmatite field of southeastern Manitoba, 125 km northeast of Winnipeg.Through staking and acquisitions, the junior acquired 60 sq. km and five hard-rock lithium projects that contain spodumene-bearing pegmatites next to lithium-cesium-tantalum Tanco pegmatite, which has been mine...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
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
Scania Australia revealed the new XT mining and construction range next-generation trucks at Melbourne's International Mining and Resources Conference (IMARC) today, giving the industry the first opportunity to examine the extra-tough truck in the metal.The all-new extra-tough Scania XT delivers a highly robust range of solutions for a wide variety of applications and can be configured precisely t...Read More
To be considered an ethical, investors must weigh up the development impact, sustainability and profitability in equal portion according to Namrata Thapar."In my view profitability and strong environmental, social and governance practices go hand in hand," said IFC's Global Head of Mining during a presentation at the International Mining and Resources Conference (IMARC) in Melbourne today.The IFC...Read More
Miners must prepare their workforce today, to meet the demands of tomorrow's digital age, or risk future growth and innovation.Gaston Carrion, talent and organisation lead for Accenture's resources practice in Australia and New Zealand, told IMARC 2018 delegates that as the use of autonomous vehicles and other advanced technologies increases, the profile of the future mining workforce could change...Read More