Mining Stocks Articles

#GE Collapses To $8 Handle - Unchanged Since 1995 | Zero Hedge

Fri Nov 09 14:51:36 2018 / Staff reporter

"While the stock is down about 70 percent from the peak of $30, this move still does not sufficiently reflect the fundamental facts,"Read full newsRead More

Ontario Improving Health Services in Mattawa

November9, 20182:30 P.M. / Ministry of Energy, Northern Development and Mines

Ontario's Government for the People is improving health facilities in Mattawa as the Algonquin Nursing Home relocates to the local hospital.Today, Vic Fedeli, MPP for Nipissing, announced a $1 million investment that will support new services at the facility, including respite care, a hospice suite, an Indigenous healing room and a hospitality suite. This project involves many partners, including...Read More

Invictus MD Strategies Corp. (@Invictus_MD) (#TSXV: $GENE // #OTCQX: $IVITF) and Poda announce closing of arrangeme...

Fri Nov 09 14:19:08 2018 / Invictus

"Invictus MD Strategies Corp. (@Invictus_MD) (#TSXV: $GENE // #OTCQX: $IVITF) and Poda announce closing of arrangement [https://t.co/uqkrHRQTGD]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #cannabis #cannabisdaily #marijuanastocks"Read full newsRead More

Lundin Gold completes one third of construction at Fruta del Norte

Nov. 9, 2018, 1:59 PM / Northern Miner Staff

Underground mine development is on schedule and at planned rates, Lundin Gold ( TSX: LUG) expects to reach the ore body at its Fruta del Norte project in Ecuador during the first quarter of 2019, and pour first gold at around this time next year, the company says.Better than anticipated ground conditions, less water than expected and higher productivity of project contractors, have enabled Lundin...Read More

Lundin Gold completes one third of construction at Fruta del Norte

Nov. 9, 2018, 1:59 PM / Northern Miner Staff

Underground mine development is on schedule and at planned rates, Lundin Gold ( TSX: LUG) expects to reach the ore body at its Fruta del Norte project in Ecuador during the first quarter of 2019, and pour first gold at around this time next year, the company says.Better than anticipated ground conditions, less water than expected and higher productivity of project contractors, have enabled Lundin...Read More

Kimberlites exploration drilling underway in Fort ? la Corne Saskatchewan

Nov. 9, 2018, 1:38 PM / MINING.com Editor

Star Diamond Corporation (TSX: DIAM)today announced that Rio Tinto Exploration Canada ("RTEC") commenced an HQ core drilling program on 11 holes and 3,300 metres of drilling on five kimberlites.This program is the first phase of drilling of the Brownfields exploration program to investigate and prioritise the Fort ? la Corne kimberlites outside of the Star and Orion South kimberlites The core dri...Read More

Kimberlites exploration drilling underway in Fort ? la Corne Saskatchewan

Nov. 9, 2018, 1:38 PM / MINING.com Editor

Star Diamond Corporation (TSX: DIAM)today announced that Rio Tinto Exploration Canada ("RTEC") commenced an HQ core drilling program on 11 holes and 3,300 metres of drilling on five kimberlites.This program is the first phase of drilling of the Brownfields exploration program to investigate and prioritise the Fort ? la Corne kimberlites outside of the Star and Orion South kimberlites The core dri...Read More

Nexus Gold Acquires Dakouli 2 Project on the Boromo-Goren Greenstone Belt, Burkina Faso, West Africa @NexusGoldCorp...

Fri Nov 09 13:19:53 2018 / NexusGoldCorp

"Nexus Gold Acquires Dakouli 2 Project on the Boromo-Goren Greenstone Belt, Burkina Faso, West Africa @NexusGoldCorp https://t.co/7QzWFovBch"Read full newsRead More

Permitting delayed at Black Butte in Montana

Nov. 9, 2018, 12:34 PM / Northern Miner Staff

Permitting at Sandfire Resources' (TSXV: SFR; US-OTC: SRAFF) Black Butte copper project in Montana has been delayed by a new statewide standard for nitrogen during the growing season.The company says it will expand its mine plan to include a treated water reservoir that can meet Montana's new pollution standards year round. It has to add the information to its draft environmental impact statement...Read More

Permitting delayed at Black Butte in Montana

Nov. 9, 2018, 12:34 PM / Northern Miner Staff

Permitting at Sandfire Resources' (TSXV: SFR; US-OTC: SRAFF) Black Butte copper project in Montana has been delayed by a new statewide standard for nitrogen during the growing season.The company says it will expand its mine plan to include a treated water reservoir that can meet Montana's new pollution standards year round. It has to add the information to its draft environmental impact statement...Read More

Sanjeev Gupta's Liberty gets financing for Dunkirk aluminium smelter

Nov. 9, 2018, 12:27 PM / Reuters

PARIS - Industralist Sanjeev Gupta's Liberty steel company has secured the financing for its acquisition of a Dunkirk aluminum smelter from Rio Tinto .The Liberty company said on Friday that it had entered into a committed financing agreement with a syndicate of major international banks. It said the term loan, secured on standard financial terms, provided for five years of committed funds.Liberty...Read More

U.S. postpones sanctions deadline on Russian tycoon's firms

Nov. 9, 2018, 11:46 AM / Reuters

WASHINGTON - The United States on Friday said it was postponing the enforcement of sanctions on Russian companies, Rusal and Gaz PAO for nearly four weeks as their top shareholder works on a plan to cut his stakes.U.S. authorities had given Russian tycoon Oleg Deripaska until Dec. 12 to reduce his holdings in the three companies but said in a statement that the deadline had been moved to Jan. 7, 2...Read More

Fortuna's Lindero project on track for production in Q3 2019

Nov. 9, 2018, 11:07 AM / Northern Miner Staff

Construction is accelerating at Fortuna Silver Mines' (TSX: FVI; NYSE: FSM) Lindero project in Argentina and commercial production will start as planned at the end of the third quarter next year, the company says."The project has gained significant momentum," Jorge Ganoza, Fortuna's president and CEO, told analysts and investors on a conference call on its third quarter results.Fortuna decided to...Read More

Fortuna's Lindero project on track for production in Q3 2019

Nov. 9, 2018, 11:07 AM / Northern Miner Staff

Construction is accelerating at Fortuna Silver Mines' (TSX: FVI; NYSE: FSM) Lindero project in Argentina and commercial production will start as planned at the end of the third quarter next year, the company says."The project has gained significant momentum," Jorge Ganoza, Fortuna's president and CEO, told analysts and investors on a conference call on its third quarter results.Fortuna decided to...Read More

ALROSA reports October diamond sales $242.8 million - down 28% YoY

Nov. 9, 2018, 10:40 AM / MINING.com Editor

ALROSA, the world's largest diamond miner, today announced diamond sales results for October and the first ten months of 2018.In October, ALROSA Group sold $242.8 million worth of rough and polished diamonds, down 28% YoY. Rough diamond sales by value amounted to $233.9 million, polished diamond sales were $8.9 million. In October, demand for small-size inexpensive rough diamonds remained weakALRO...Read More

Australia lithium miner Altura says it has signed offtake deal with China's Ganfeng

Nov. 9, 2018, 10:35 AM / Reuters

MELBOURNE - Australian lithium producer Altura Mining on Friday said it had signed a deal to supply Chinese battery giant Ganfeng Lithium with concentrate from its Pilgangoora mine in Western Australia.Battery makers such as Ganfeng and Tesla have been scouring the globe for new sources of lithium to help meet an anticipated boom in demand for batteries for electric vehicles (EVs), with miners in...Read More

Stung by Asian dominance, Germany pours cash into EV battery ventures

Nov. 9, 2018, 9:52 AM / Reuters

BERLIN - Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told Reuters.The measures, expected to be announced next week, are designed to reduce the dependence of German carmakers on Asian electric vehicle (EV) battery suppli...Read More

Bank Of England Refuses To Release Venezuela's #Gold | Zero Hedge

Fri Nov 09 09:50:36 2018 / Staff reporter

The Bank of England has refused to release Venezuela's gold bars, insisting that standard measures to prevent money-laundering be taken including clarification of the Venezuelan government's intentions for the gold. Read full newsRead More

Seabridge Gold secures $14-million private placement

2018-11-09 09:26 / Mr. Rudi Fronk reports

Mr. Rudi Fronk reportsSEABRIDGE GOLD SECURES $14.0 MILLION PRIVATE PLACEMENTSeabridge Gold Inc. has secured a non-brokered private placement of one million common shares of the company at a price of $14 per share for gross proceeds of $14-million. No commissions are payable on this transaction. The proceeds from the financing will be used to finance general working capital requirements and a 2019...Read More

South Africa's Gold Fields Q3 production down 3%

Nov. 9, 2018, 9:15 AM / Reuters

JOHANNESBURG - Gold Fields said on Friday third quarter production was down 3 percent, with its last South African asset, South Deep, weighing on total output.Gold production for the quarter ended Sept. 30 from continuing operations dropped to 533,000 ounces from 552,000 in the same period last year, with the struggling mine producing 50,000 ounces during the quarter.South Deep has faced numerous...Read More

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