Mining Stocks Articles

Canadian miners' performance in Q3 hit by lower metal prices

Wed Nov 07 13:12:58 2018 / Cecilia Jamasmie

EY's Canadian Mining Eye index - which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies - dropped 12 percent in the third quarter of the year when compared to the previous three-month period.Read full newsRead More

RT @HC_Haplo: Tesla Model 3 helps push EV sales in Canada to record 8% of new car sales

Wed Nov 07 13:09:39 2018 / Haplo

We are not talking about Norway-level of electric vehicle adoption just yet, but the start of volume deliveries of the Tesla Model 3 in Canada over the last two quarters has helped push EV sales to...Read full newsRead More

Kutcho Copper extends mineralization at Main deposit

Nov. 7, 2018, 12:54 PM / Northern Miner Staff

Resource and expansion drilling at the Kutcho copper-zinc project in B.C. has extended mineralization down dip of its Main deposit, reports Kutcho Copper Corp. (TSXV: KC; US-OTC: KCCFF).Mineralization was extended 50 metres down dip from previous drilling and beyond the project's existing resource model in drill hole KC18-280, which returned a 5.4 metre intercept from 193 metres down hole grading...Read More

Kutcho Copper extends mineralization at Main deposit

Nov. 7, 2018, 12:54 PM / Northern Miner Staff

Resource and expansion drilling at the Kutcho copper-zinc project in B.C. has extended mineralization down dip of its Main deposit, reports Kutcho Copper Corp. (TSXV: KC; US-OTC: KCCFF).Mineralization was extended 50 metres down dip from previous drilling and beyond the project's existing resource model in drill hole KC18-280, which returned a 5.4 metre intercept from 193 metres down hole grading...Read More

Stelmine Canada is looking to open a new gold mining camp ! $STH #STH #Courcy #QuebecMining #Gold #Opinaca $STH.V...

Wed Nov 07 12:50:11 2018 / Staff reporter

"Stelmine Canada is looking to open a new gold mining camp ! $STH #STH #Courcy#QuebecMining #Gold #Opinaca $STH.V Read their corp. presentation here: https://t.co/AUFCl6HSJy"Read full newsRead More

Triumph Gold drills 0.84 m of 19.8 g/t Au at Nucleus

2018-11-07 12:45 / Mr. Paul Reynolds reports

Mr. Paul Reynolds reportsTRIUMPH GOLD REPORTS RESULTS FROM DRILLING OF THE NUCLEUS AU-AG-CU DEPOSIT, FREEGOLD MOUNTAIN PROPERTY, YUKON TERRITORYTriumph Gold Corp.has releasedthe results from 4,159 metres of diamond drilling, in 21 holes, conducted in the Nucleus gold-silver-copper deposit area. Highlights of the 2018 Nucleus drill program include: Four high-grade gold intersections:19.8 grams per...Read More

Poland's JSW eyes controlling stake in Prairie Mining -CEO

Nov. 7, 2018, 12:22 PM / Reuters

WARSAW - Poland's JSW is interested in taking over Australia's Prairie Mining, Chief Executive Daniel Ozon confirmed on Wednesday.Sources told Reuters in September that JSW, the European Union's biggest coking coal miner, wanted a controlling stake in Prairie Mining."We are now working on internal approvals so that we could start a final stage of talks. We would like to build such a structure that...Read More

B2Gold hits record gold production in Q3

Nov. 7, 2018, 12:18 PM / Northern Miner Staff

B2Gold (TSX: BTO; NYSE: BTG) produced a record 242,020 oz. gold in 2018's third quarter, 78% higher than in the same quarter of the previous year. It attributed its success to strong performances from the Kekola mine in Mali, the Masbate mine in the Philippines and the Otjikoto mine in Namibia.The company reported $324 million in gold revenue, 110% higher than in the same quarter of the previous...Read More

B2Gold hits record gold production in Q3

Nov. 7, 2018, 12:18 PM / Northern Miner Staff

B2Gold (TSX: BTO; NYSE: BTG) produced a record 242,020 oz. gold in 2018's third quarter, 78% higher than in the same quarter of the previous year. It attributed its success to strong performances from the Kekola mine in Mali, the Masbate mine in the Philippines and the Otjikoto mine in Namibia.The company reported $324 million in gold revenue, 110% higher than in the same quarter of the previous...Read More

Russian gold miner Polyus profit dented by currency losses

Nov. 7, 2018, 11:58 AM / Reuters

MOSCOW - Polyus, Russia's largest gold producer, on Wednesday reported third-quarter net profit down 61 percent from a year ago to $144 million due to foreign exchange losses and other non-cash items.The company controlled by Said Kerimov, son of Russian tycoon Suleiman Kerimov, has not been targeted by the U.S. sanctions against Moscow. Washington included Suleiman Kerimov and some other Russian...Read More

Calibre Mining appoints Ball, Threlkeld to board

2018-11-07 11:55 / Mr. Greg Smith reports

Mr. Greg Smith reportsCALIBRE MINING STRENGTHENS MANAGEMENT AND BOARD OF DIRECTORS Calibre Mining Corp. has appointed two seasoned mining professionals to its board of directors. Effectively immediately, Russell Ball has been appointed as executive chair and Raymond Threlkeld joins the board as a director.Concurrent with these appointments, John Reynolds has stepped down from the Calibre board an...Read More

China's booming alumina exports held steady in October - Chalco president

Nov. 7, 2018, 11:35 AM / Reuters

SHANGHAI - China's exports of alumina last month were roughly equal to September's bumper volumes, the president of Aluminum Corp of China Ltd, said on Wednesday."I estimate that October was more or less the same as September," Lu Dongliang told Reuters on the sidelines of a signing ceremony at the China International Import Expo in Shanghai. The Chinese company, also known as Chalco, is one of th...Read More

#Lithium developer Savannah has found three new mineralised zones at its Mina do Barroso project in Portugal, and w...

Wed Nov 07 11:28:38 2018 / Staff reporter

"#Lithium developer Savannah has found three new mineralised zones at its Mina do Barroso project in Portugal, and will work on adding them to the MRE ($) | https://t.co/4hEVB7Gvdn $SAV #AIM"Read full newsRead More

Indonesia hauling ban could paralyse South Sumatra coal mining - Assoc

Nov. 7, 2018, 10:46 AM / Reuters

JAKARTA - Indonesia's South Sumatra province plans to ban coal transporters from using public roads from Nov. 8, an industry association said, in a move estimated to cut the province's annual coal sales by 23 million tonnes.Indonesia is the world's top thermal coal exporter, and South Sumatra's total output of the fuel this year was expected to be 48.5 million tonnes, the Indonesian Independent Po...Read More

Peekaboo Beans Announces Issuance of Convertible Unsecured Promissory Note and Debt Settlement

November 07, 2018 10:22:51 / Staff reporter

Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), announces that it has issued a convertible unsecured promissory note (the "Note"). The Note has an outstanding principal amount of CAD$275,000, accrues interest at a rate of 12% per annum, matures 36 months from the date of issuance, and is convertible, from time to time, in whole or in part, into...Read More

How to avoid the resource curse? Take 6 years to approve deals

Nov. 7, 2018, 9:59 AM / Bloomberg News

Afghanistan selected preferred bidders for three gold and copper mines in 2012. It took the war-torn nation six years to finally sign the contracts.Afghan President Ashraf Ghani announced the deals in the past few weeks. The government took time to finalize the agreements because it wanted to ensure they were transparent and will help eliminate corruption in awarding contracts, Ghani said in an in...Read More

How to avoid the resource curse? Take 6 years to approve deals

Nov. 7, 2018, 9:59 AM / Bloomberg News

Afghanistan selected preferred bidders for three gold and copper mines in 2012. It took the war-torn nation six years to finally sign the contracts.Afghan President Ashraf Ghani announced the deals in the past few weeks. The government took time to finalize the agreements because it wanted to ensure they were transparent and will help eliminate corruption in awarding contracts, Ghani said in an in...Read More

Michigan Voters Approve #Marijuana Legalization via @forbes

Wed Nov 07 09:31:38 2018 / Forbes

Michigan just became the latest state to legalize cannabis.Read full newsRead More

Albemarle's claim to unique lithium technology draws scrutiny

Nov. 7, 2018, 9:24 AM / Reuters

NEWPORT BEACH, Calif./SANTIAGO - Albemarle Corp's claim to have developed a unique process that would more than triple its lithium production from Chile's Atacama Desert without using more water is drawing increased scrutiny from regulators and investors pushing for more details.The development could help Albemarle cement its position as the world's largest lithium company, just as global demand f...Read More

#Cobalt is going from the largest forecast surplus on record in 2019 to the largest deficit in one fell swoop from...

Wed Nov 07 09:15:54 2018 / Staff reporter

"#Cobalt is going from the largest forecast surplus on record in 2019 to the largest deficit in one fell swoop from the Kamoto suspension | https://t.co/PZdBeWX617 $GLEN #DRC"Read full newsRead More

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