Mining Stocks Articles

Barrick Gold strikes $18.3 B Randgold merger deal

September 24, 2018 / Resource World

Randgold's Tongon Mine in Ivory Coast. Source Randgold Resources Ltd.Barrick Gold Corp. [ABX-TSX, NYSE] is consolidating its position as the world's leading gold producer by agreeing to merge with Randgold Resources Ltd. [GOLD-NASDAQ, LSE] in a deal worth $18.3 billion.Under the share exchange agreement, Randgold shareholders will receive 6.128 New Barrick shares. As a result, Barrick shareholders...Read More

#DisruptMining calls for industry innovation

September 24, 2018 / Resource World

Underground mining operations Goldcorp's Red Lake, Ontario gold mine. Source Goldcorp Inc.Calling all disruptors and innovators!One of Canada's largest gold producers wants to hear from anyone with an idea or a technology that will help to tackle some of the mining industry's biggest challenges.They include everything from reducing the sector's environmental footprint, to finding more efficient wa...Read More

BC Mine Reclamation Award and Scholarship Recipients Announced

September 24, 2018 / Resource World

Jennifer McConnachie of the BC TRCR presents the Coal Reclamation Award to Warn Franklin on behalf of Teck Coal Ltd. in Williams Lake on September 19 for work at Horseshoe Ridge at Line Creek Operations.Williams Lake, B.C., Canada - The British Columbia Technical and Research Committee on Reclamation (TRCR) presented the 2017 BC Mine Reclamation Award at its 41st Annual BC Mine Reclamation Symposi...Read More

Barrick buys Randgold to create world's largest gold miner

September 24, 2018 / Editor

LONDON - Toronto based Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world's largest gold miner.Investors will get 6.128 new Barrick shares for each Randgold share they hold. Shareholders in Barrick will own about 66.6 per cent of the merged company, which will combine Randgold's African mines with Barrick's holdings in the Americas.Nicholas Hyett, an...Read More

92 Resources finds new lithium bearing pegmatites at Corvette

September 24, 2018 / Posted Richard Quarisa

92 Resources (TSXV: NTY; US-OTC: RGDCF) has discovered four new spodumene-bearing pegmatites on its 100% owned Corvette lithium property in the James Bay region of Quebec. It has divided them into two zones called, CV3 and CV4.92 discovered the pegmatite during its 10-day 2018 summer exploration program. CV3 is 20 metres long and 3 metes wide, and located 250 metres south of CV1. CV4 contains thre...Read More

Barrick and Randgold to merge in US$18B deal

September 24, 2018 / Posted Northern Miner Staff

Barrick Gold (TSX: ABX; NYSE: ABX) and Randgold Resources (LON: RRS; NASDAQ: GOLD) have agreed to a share-for-share merger to create the New Barrick Group in a deal valued at US$18.3 billion.Randgold shareholders will receive 6.12 new Barrick shares and a US$2 dividend for the 2018 financial year for each held Randgold share. Current Barrick shareholders will own about two-thirds of the new compan...Read More

Barrick, Randgold to forge world's biggest gold miner

September 24, 2018 / Posted Trish Saywell

In one of the biggest and most surprising deals the gold industry has seen in more than a decade, Barrick Gold (TSX: ABX; NYSE: ABX) is combining with Randgold Resources (LON: RRS; NASDAQ: GOLD) in a share-for-share merger.The business combination creates the largest gold producer in the world, with five of the world's top-10, tier-one gold assets by total cash cost: Cortez and Goldstrike in N...Read More

TSX posts solid gains, Sept. 17-21

September 24, 2018 / Posted Richard Quarisa

Canada's benchmark index rose 1.31% to 16,224.13 during an improved trading week. The S&P/TSX Global Mining Index rose 5.4% to 66.73 and the S&P/TSX Global Gold Index rose 2.7% to 156.11. The gold price rose 0.4% to US$1,198.70.Royal Nickel shares rose 100% to 56 ?, and by press time had risen even further to 85 ?, after the company produced 24,000 oz. gold worth $38 million from the Father's Day...Read More

The Australians Are Coming!

September 24, 2018 / Gerardo Del Real

I just returned from the 2018 Beaver Creek Precious Metals Summit in Colorado (click here for presentation page) which, according to organizers, drew record attendance despite an overall sentiment that we are in a very unforgiving junior resource space for most companies and their shareholders.The summit is a great opportunity to speak and meet with companies already on the radar, kick the tires o...Read More

Since the EURO is 50 % of the USD index, the key to lower USD would be for EURO to retake the uptrend line. Need 2...

Sun Sep 23 22:18:03 2018 / Staff reporter

"Since the EURO is 50 % of the USD index, the key to lower USD would be for EURO to retake the uptrend line.Need 2 weekly closes over the line.With trade wars looming, & FOMC this week.............. itspivotal week.Watch that one eighteen area."Read full newsRead More

RT @LithiumLover2: MAN presents wide-ranging electric truck portfolio

Sun Sep 23 13:15:00 2018 / Lithium Lover

MAN Truck & Bus has a whole range of electric commercial vehicles on display at the IAA in Hanover. Their portfolio includes the eTGE electric van, the brand new electric CitE truck, the eTGM and, an electric bus prototype. Clearly, the Volkswagen label MAN is to cover all classes of city logistics, be it light, ...Read full newsRead More

RT @chigrl: Ut oh ...Barrons may have just killed any hope for a rally in the short term ??(TM)???(TM)?#gold

Sun Sep 23 12:55:17 2018 / ℭhi 🛢️

"Barron's Rediscovering Gold - Why it should be part of every portfolio"Read full newsRead More

Once-Bitten Investors Stay Wary as Gold-Mining Stocks Get Cheap

Sun Sep 23 12:08:15 2018 / Staff reporter

Investors stung by the sell-off in gold are going to need more than cheap equities and stabilizing bullion prices to wade back into mining-company stocks.Read full newsRead More

VCs say Silicon Valley isn't the gold mine it used to be

Sun Sep 23 12:08:14 2018 / Staff reporter

In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, 'Why Startups Are Leaving Silicon Valley.' The author outlined reasons why the Valley has "peaked." Venture capital investors are deploying capital outside the Bay Area more than e...Read full newsRead More

Utah Is A Gold Mine For Fossils

Sun Sep 23 12:08:10 2018 / Staff reporter

We find out what it's like to step into a paleontologist's boots and discover some dino gold.Read full newsRead More

New Gold Sells Its Mesquite Mine

Sun Sep 23 12:08:07 2018 / Staff reporter

Canadian miner New Gold Inc. (NGD) announced on Sept. 19 it is selling its Mesquite Mine to Equinox Gold Corp. (EQX.V).New Gold said the proceeds of the sale will be used to bolster the balance sheet in order to tackle unexpected financial needs and seize investment opportunities.Warning! GuruFocusRead full newsRead More

RT @keith__johnston: Global EV fleet to reach 13M by 2020 and 126M by 2030, according to IEA data (4M now)

Sun Sep 23 12:06:10 2018 / Keith Johnston

The global fleet of electric vehicles (EVs) is expected to reach 13 million by 2020, which is triple the 3.7 million units seen in 2017, according to International Energy Agency data.Read full newsRead More

We've canvassed #mining, investment and finance, advisory, technology, research and SME leaders around the globe to...

Sun Sep 23 09:01:38 2018 / Staff reporter

"We've canvassed #mining, investment and finance, advisory, technology, research and SME leaders around the globe to probe the answers to this and other questions leading up to the second #FutureofMining conference in Denver at the end of October, 2018. https://t.co/UwTZQtEkOM"Read full newsRead More

How Goldcorp managed to decrease complaints about its flagship mine in Mexico

Sep. 23, 2018, 6:40 AM / Valentina Ruiz Leotaud

Grievances against Goldcorp's (TSX:G) (NYSE:GG) Pe??asquito gold mine in Mexico have decreased by almost 66 per cent in 2018, said Nelson N????ez, Sustainability & Compliance Manager for Minera Pe??asquito, the Canadian miner's subsidiary in the Latin American country.Interviewed by MINING.com, N????ez revealed the strategy behind such accomplishment in an area that has seen its share of protests...Read More

How Goldcorp managed to decrease complaints about its flagship mine in Mexico

Sep. 23, 2018, 6:40 AM / Valentina Ruiz Leotaud

Grievances against Goldcorp's (TSX:G) (NYSE:GG) Pe??asquito gold mine in Mexico have decreased by almost 66 per cent in 2018, said Nelson N????ez, Sustainability & Compliance Manager for Minera Pe??asquito, the Canadian miner's subsidiary in the Latin American country.Interviewed by MINING.com, N????ez revealed the strategy behind such accomplishment in an area that has seen its share of protests...Read More

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