Mining Stocks Articles

BHP cuts China, US #growth forecasts on trade tensions

Wed Oct 31 11:22:11 2018 / Staff reporter

The world's largest miner has cut its economic growth forecasts for the world's two biggest economies as the superpowers engage in aRead full newsRead More

$BHP, top miners are starting to drive #EV's deep underground

Wed Oct 31 11:21:45 2018 / Staff reporter

The deeper the mine, then the bigger the savings.Read full newsRead More

Playing For The Long-Term: PwC's Mine Report 2018 #mining

Wed Oct 31 11:20:24 2018 / Staff reporter

With the world's top miners on a tear, stakeholders are lining up for their long-awaited slice of the action. Plus,Read full newsRead More

Members of the 27-company International Council on #Mining and Metals plan to make mining vehicles at above ground...

Wed Oct 31 11:18:48 2018 / Staff reporter

"Members of the 27-company International Council on #Mining and Metals plan to make mining vehicles at above ground operations greenhouse gas emission-free by 2040, in a statement from the organization. $BHP $RIO"Read full newsRead More

Like Silicon Valley? Miners face uphill slog in drive to go digital

Oct. 31, 2018, 11:17 AM / Reuters

MELBOURNE, Oct 31 - The mining industry wants to shed its image as a low-tech shoveller of dirt and instead be seen as a cutting edge digital-savvy employer of choice. It's a feat that could be compared to teaching an elephant to ballet dance.While mining companies have been quick to adopt new technologies to drive costs lower, there is an increasing recognition that the industry needs to embrace...Read More

Zimbabwe's RioZim shuts mines over dollar shortages

Oct. 31, 2018, 10:59 AM / Reuters

HARARE, Oct 31 - Zimbabwe's gold miner RioZim has closed its three mines due to a shortage of dollars, the company said in a letter to the central bank seen by Reuters on Wednesday.The country, which adopted the use of the United States dollar in 2009 to tame hyperinflation, is gripped by acute shortages of greenbacks. Prices of basic goods, public taxis and medicines have risen in the last few we...Read More

Glencore is going to get crazy rich on coal next year

Oct. 31, 2018, 10:17 AM / Reuters

Glencore Plc's coal mining business will eclipse its copper unit next year and become the world's biggest commodity trader's most profitable operation.Despite making a lot of noise about its electric vehicle-focused mines such as nickel, copper and cobalt, Glencore has continued to buy more coal assets, adding rival Rio Tinto's Australian operations to its portfolio this year. That, along with soa...Read More

S.Africa's Implats in talks to sell 1 Shaft operation in Rustenberg

Oct. 31, 2018, 9:52 AM / Reuters

JOHANNESBURG, Oct 31 - South Africa's Impala Platinum (Implats) said on Wednesday it was in talks to sell its 1 Shaft operation in Rustenburg in a move to make its struggling mines profitable, sending its shares higher.Implats plans to trim staff by about a third - more than 13,000 jobs - over two years at its labour-intensive, conventional operations in the Rustenburg platinum belt, where its 1 S...Read More

Gem Diamonds revises up full-year output target as recoveries on the rise

Oct. 31, 2018, 9:33 AM / Cecilia Jamasmie

Africa-focused Gem Diamonds (LON:GEMD) said Wednesday it's on track to meet its long-term targets, as third-quarter production rose 27% in the three months to Sep. 30, when compared to the same period last year.The company, which has found over a dozen of huge precious rocks at its flagship Let??eng mine in Lesotho this year, now expects to recover 120,000 carats to 124,000 carats of diamonds...Read More

Gem Diamonds revises up full-year output target as recoveries on the rise

Oct. 31, 2018, 9:33 AM / Cecilia Jamasmie

Africa-focused Gem Diamonds (LON:GEMD) said Wednesday it's on track to meet its long-term targets, as third-quarter production rose 27% in the three months to Sep. 30, when compared to the same period last year.The company, which has found over a dozen of huge precious rocks at its flagship Let??eng mine in Lesotho this year, now expects to recover 120,000 carats to 124,000 carats of diamonds...Read More

Skeena Resources drills 45 m of 10.09 g/t AuEq at Eskay

2018-10-31 08:36 / Mr. Walt Coles Jr. reports

Mr. Walt Coles Jr. reportsSKEENA INTERSECTS 10.09 G/T AUEQ OVER 45 METRES AT ESKAY CREEKSkeena Resources Ltd. has provided additional gold-silver assays for six holes from the continuing phase I surface drilling program at the Eskay Creek project located in the Golden Triangle of British Columbia. The multifaceted phase I program is being performed in the historically drill defined 21A, 21C and 22...Read More

Amarillo Gold drills 11 m of 3.54 g/t Au at Mara Rosa

2018-10-31 07:40 / Mr. Mike Mutchler reports

Mr. Mike Mutchler reportsAMARILLO PROVIDES UPDATE ON DRILLING RESULTS AT MARA ROSAAmarillo Gold Corp. is providing additional results from its continuing drilling at its Mara Rosa open-pit gold project in Goias state, Brazil. Highlights: 1.81 grams per tonne gold over a 13-metre core length in hole 18P058;3.54 g/t Au (or 6.24 g/t Au uncut) over 11 m core length in hole 18P061;1.33 g/t Au over 17 m...Read More

South African diamond miner wants to go digital

Oct. 31, 2018, 7:25 AM / MINING.com Staff

Swedish engineering company Epiroc announced today that it will be supporting the work of Kimberley Ekapa Mining to help digitize the company's Kimberley underground mine, located South Africa's Kimberley town and whose yearly production reached 755,645 carats in June 2018.In detail, Kimberley Ekapa wants to implement Epiroc's Mobilaris Mining Intelligence, known as MMI, to enable situational awar...Read More

Siyata Mobile Launches Flagship Uniden (R) UV350, In-Vehicle Cellular Device in Canada

October 31, 2018 01:10:25 / Staff reporter

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") announces the Canadian launch of Siyata's Uniden (R) UV350 ("UV350"), the world's first and only all-in-one 4G/LTE in-vehicle IoT device designed for safer, smart and more advanced instant communication in commercial fleets and vehicles.The UV350 provides its enterprise customers with the first ever...Read More

Has October Has Exposed This New “Safe Haven?"

October 31, 2018 / Ambrose O'Callaghan

Almost exactly one year ago today, I'd discussed the rise of cryptocurrencies as an alternative to precious metals. Crypto has fallen out of favour after suffering a precipitous drop in late 2017 and early 2018, but the debate over its future as an asset class has raged on. Some crypto enthusiasts have argued that price stabilization will only add to its value as an alternative safe haven in compa...Read More

Do the Latest Results Indicate That New Gold Inc. (TSX:NGD) Is Turning its Operations Around?

October 31, 2018 / Matt Smith

It has been a tough year for investors in intermediate gold miner New Gold (TSX:GLD)(NYSE:GLD). Despite gold only losing around 7% since the start of 2018, the miner has seen its stock collapse, plummeting by 73% because of shortfalls at its Rainy Creek mine and management revising its 2018 guidance downward. The miner, however, delivered a solid third quarter 2018, beating analyst estimates, indi...Read More

Why Did This Junior Gold Miner Soar by More Than 80% Over the Last Year?

October 31, 2018 / Matt Smith

Gold has whipsawed wildly over the course of 2018, hitting a high over US$1,362 per ounce in January only to plummet to a low of US$1,177 an ounce by mid-August. While the yellow metal has recovered in recent weeks to trade over the psychologically important US$1,200-an-ounce mark, it is still down by just under 5% for the year to date. Despite gold's negative outlook because of poor fundamental...Read More

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