Mining Stocks Articles

Galane Gold Announces Satisfaction of Conditions Precedent to Earn-In Option Agreement for Botswana Prospecting Sit...

Tue Oct 02 12:39:09 2018 / Staff reporter

"Galane Gold Announces Satisfaction of Conditions Precedent to Earn-In Option Agreement for Botswana Prospecting Sites https://t.co/VNSxHU9AnE"Read full newsRead More

Comstock Mining Receives National Sustainable Mineral Development Award; BLM Recognizes the Exceptional ... - Marke...

Tue Oct 02 12:39:09 2018 / Staff reporter

"Comstock Mining Receives National Sustainable Mineral Development Award; BLM Recognizes the Exceptional ... - Markets Insider https://t.co/kJ4uiDZ0Mm"Read full newsRead More

Gold miner Avocet hints at possible break-up

Tue Oct 02 12:39:08 2018 / Staff reporter

Avocet Mining warned on Monday that it could be broken up as the struggling gold...Read full newsRead More

Following the money: Mining initiative illustrates diverse campaign tactics in Montana

Tue Oct 02 12:39:06 2018 / Staff reporter

Just looking at the dollar figures behind I-186, the initiative to add restrictions to mining permits, it appears the donations from proponents and opponents are neck and neck with aboutRead full newsRead More

Telson Mining Corporation Updates Tahuehueto Mine Underground Development Program and Exposes New and Targeted Vein...

Tue Oct 02 12:04:12 2018 / Staff reporter

"Telson Mining Corporation Updates Tahuehueto Mine Underground Development Program and Exposes New and Targeted Veins @telsonmining https://t.co/2TFX5upLyy"Read full newsRead More

LME storage not market dynamics are driving aluminium stocks lower

Oct. 2, 2018, 11:36 AM / Reuters

LONDON, Oct 2 (Reuters) - London Metal Exchange (LME) on-warrant aluminium stocks, metal not earmarked for delivery, are at their lowest since January 2006 at 608,050 tonnes - a far cry from the peaks hit over 2010-14.Appearances, however, can be deceptive. There is a strong suspicion that erosion of LME inventory is as much to do with the exchange's warehousing function as with market reality.Sha...Read More

Un-mothballed Century Mine sells $19.5M of zinc concentrate in September

Oct. 2, 2018, 11:26 AM / Michael Allan McCrae

The Century Zinc Mine, which was officially re-opended last month, made revenue of A$27.2M from zinc concentrate sales in September. The company earned $7.04M (A$9.8M) to date from production of 7,000 tonnes of zinc concentrate and $12.5M (A$17.4M) from the forward sale of 13,000 tonnes of October production. Century says its first concentrate shipment to China is scheduled for the end of this mon...Read More

America's Silver and Pershing Gold to merge

Oct. 2, 2018, 11:12 AM / Pershing Gold Corporation

Americas silver and Pershing gold to mergeAmericas Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas Silver") and Pershing Gold Corporation (NASDAQ: PGLC) (TSX: PGLC) (FWB: 7PG1) ("Pershing") are pleased to announce that they have entered into a definitive agreement (the "Agreement") to complete a business combination (the "Transaction") and create a low-cost, precious metal growth c...Read More

Northam Platinum and South Africa's NUM union sign 3-year wage deal

Oct. 2, 2018, 10:57 AM / Reuters

JOHANNESBURG, Oct 2 (Reuters) - South Africa's National Union of Mineworkers (NUM) has signed a three-year wage deal with platinum producer Northam Platinum that secures wage hikes of more than double the inflation rate for its members, the union said on Tuesday.Depressed prices and rising costs mean South African mining companies have scant room for big wage hikes, but unions maintain the increa...Read More

Uganda to join transparency program as it seeks mining investors

Oct. 2, 2018, 10:00 AM / Bloomberg News

(Bloomberg) - Uganda plans to join a program aimed at rooting out corruption in resource industries as the East African nation seeks to reassure potential investors that it isn't involved in "conflict minerals."The cabinet has already endorsed the plan to join the Extractive Industries Transparency Initiative this year, according to Minister of State for Energy and Mineral Development Peter Lokeri...Read More

South Africa's mining industry growth hindered by precious metals performance - PwC

Oct. 2, 2018, 10:00 AM / Cecilia Jamasmie

South Africa's mining industry faced a series of challenges in the first half of this year as precious metals did not emerge from the lows hit in 2016, but rather continued to struggle, PricewaterhouseCoopers said on Tuesday.Despite the negative effect of gold and platinum prices ups and downs, capital expenditure (capex) in the sector grew for the first time since 2012 to R482 billion. While it w...Read More

Riverside samples 10 m of 3.34 g/t Au at Cecilia

2018-10-02 08:42 / Dr. John-Mark Staude reports

Dr. John-Mark Staude reports RIVERSIDE SAMPLES 10 METRES OF 3.34 G/T AU AND 11.5 METRES OF 1.57 G/T AU FROM CERRO MAGALLANES TARGETS AT THE CECILIA PROJECTRiverside Resources Inc. has released results from rock chip channel samples from the Cerro Magallanes area at the 100-per-cent-owned Cecilia gold project in northeastern Sonora, Mexico. Riverside recently announced positive results from a soil...Read More

Hecla Increases Holdings in Dolly Varden Silver Corporation

2018-10-02 08:30 / Company Website: http://www.hecla-mining.comCOEUR D'ALENE, Idaho -- (Business Wire)

Company Website: http://www.hecla-mining.comCOEUR D'ALENE, Idaho -- (Business Wire)Hecla Mining Company (NYSE:HL) ("Hecla") announced today that a wholly-owned subsidiary of Hecla exercised warrants to acquire 1,250,000 common shares ("Shares") of Dolly Varden Silver Corporation ("Dolly Varden").The warrants entitled Hecla Canada Ltd. ("Hecla Canada") to acquire 1,250,000 Shares at a price of C$0....Read More

Corvus Gold drills 19.8 m of 3.52 g/t Au at Mother Lode

2018-10-02 08:29 / Mr. Jeffrey Pontius reports

Mr. Jeffrey Pontius reportsCORVUS GOLD DRILLS 19.8 METRES @ 3.52 G/T GOLD & 129.5 METRES @ 1.12 G/T GOLD IN WEST ZONE, RESOURCE EXPANSION PROGRAM, MOTHER LODE PROJECT, NEVADACorvus Gold Inc. has received positive initial results from the phase 3 nresource expansion drilling program at the Mother Lode project, Nevada.Results include a stepout hole to the west and a deep central hole that expand...Read More

Telson advances Tahuehueto level 20 decline to 120 m

2018-10-02 06:51 / Mr. Antonio Berlanga reports

Mr. Antonio Berlanga reportsTELSON MINING CORPORATION UPDATES TAHUEHUETO MINE UNDERGROUND DEVELOPMENT PROGRAM AND EXPOSES NEW AND TARGETED VEINSTelson Mining Corp. has provided the following update on the progress of underground development at its Tahuehueto mine development project.Underground development is primarily focused on accessing the strongly mineralized El Creston structure hosting mult...Read More

Lynas presses Malaysian authorities to explain plant review status

Oct. 2, 2018, 4:53 AM / Cecilia Jamasmie

Rare earths producer Lynas Corporation (ASX:LYC) is asking Malaysia to clarify whether a review will be conducted into the company's refinery as speculated in local media in recent weeks.In an open letter seeking information and fair treatment from the Asian nation, chief executive and managing director, Amanda Lacaze, said Tuesday that Lynas' operations have been built on a zero-harm philosophy...Read More

Like gold needs other headwind right ? Chinese markets closed this week. Gold usually gets shit on.

Tue Oct 02 01:39:47 2018 / Staff reporter

"If you're a gold investor/trader, you should be sure to realize that it's 2018Read full newsRead More

@Paul_Hol1000 @bronsuchecki The volumes in OIL & STOCK futures dwarf gold. With that mentioned, your right. Do th...

Tue Oct 02 01:30:43 2018 / Paul Holland

"@Paul_Hol1000 @bronsuchecki The volumes in OIL & STOCK futures dwarf gold.With that mentioned, your right.Do they ever get called on it ?"Read full newsRead More

Gold for October 2nd We discussed yesterday that 1192 is the PIVOT right now. Note how price stayed close to 1192...

Tue Oct 02 01:29:03 2018 / Staff reporter

"Gold for October 2ndWe discussed yesterday that 1192 is the PIVOT right now.Note how price stayed close to 1192 for the whole session on Monday.Tuesday's chart shows 1198 & 1202 resistance.Support is 1185-1182 & 1176.The NFP report on Friday.Could remain in tight range"Read full newsRead More

RT @EconomicAlpha: Barrick Gold Executive Chairman John Thornton Bought $25 Million in Stock

Tue Oct 02 00:55:46 2018 / High Grade 🚜⚒🌎

John L. Thornton bought 2.27 million more shares of the Canadian gold miner, raising his total holdings to 5 million shares.Read full newsRead More

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