Mining Stocks Articles

Lynas Corp's Malaysia plant shut down until 2019

Nov. 29, 2018, 2:22 PM / Amanda Stutt

Australian rare earths miner Lynas Corp (ASX: LYC) plans a short-term production shut down in December at its Lynas Advanced Materials Plant (LAMP) in Malaysia, once its annual production quota is met ahead of time at the end of November, Roskill reported today.Reaching the annual production limit is due to the Lynas NEXT program, which increased neodymium and praseodymium (NdPr) production from 5...Read More

Lynas Corp's Malaysia plant shut down until 2019

Nov. 29, 2018, 2:22 PM / Amanda Stutt

Australian rare earths miner Lynas Corp (ASX: LYC) plans a short-term production shut down in December at its Lynas Advanced Materials Plant (LAMP) in Malaysia, once its annual production quota is met ahead of time at the end of November, Roskill reported today.Reaching the annual production limit is due to the Lynas NEXT program, which increased neodymium and praseodymium (NdPr) production from 5...Read More

1933 (@1933Industries) (#CSE: $TGIF // #OTCQB: $TGIFF) - Q4 and Year-End Financial Results (record revenues of $12....

Thu Nov 29 14:18:31 2018 / 1933 Industries

"1933 (@1933Industries) (#CSE: $TGIF // #OTCQB: $TGIFF) - Q4 and Year-End Financial Results (record revenues of $12.6MM for the year)[https://t.co/x9rmJMsaXk]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #cannabis #cannabisdaily"Read full newsRead More

Weather Channel: "It's Been One Of The Most Miserable Starts To #Winter On Record" | Zero Hedge

Thu Nov 29 14:17:44 2018 / Staff reporter

Across much of the Northeast, Midwest, and Plains, it has been one of the coldest and snowiest starts to the winter season on record. Read full newsRead More

CROP Farm Signs California Processing and Retail Distribution Deals -- $CROP @CROP_CSE #Cannabis #California #CRXPF...

Thu Nov 29 14:03:42 2018 / CROP CORP

"CROP Farm Signs California Processing and Retail Distribution Deals -- $CROP @CROP_CSE #Cannabis #California #CRXPF #CropCorp #CSE #BNN #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #momentumstocks --Read the News Release here: https://t.co/8jJjw9KVBE"Read full newsRead More

#Oil Spikes After Report Russia Accepts Need For Oil Cuts | Zero Hedge

Thu Nov 29 13:07:22 2018 / Staff reporter

"We need to reduce but would not want to reduce by much."Read full newsRead More

Great Bear Reports Continuity of Gold from Surface to 365 m Depth in Dixie Limb Zone, Dixie Project, Red Lake Distr...

Thu Nov 29 12:54:35 2018 / Staff reporter

"Great Bear Reports Continuity of Gold from Surface to 365 m Depth in Dixie Limb Zone, Dixie Project, Red Lake District @GreatBearGBR https://t.co/ay7WsfSWro"Read full newsRead More

RT @NorthmanTrader: Consumers end up paying for tariffs. #econ101

Thu Nov 29 12:44:38 2018 / Sven Henrich

"Billions of Dollars are pouring into the coffers of the U.S.A. because of the Tariffs being charged to China, and there is a long way to go. If companies don't want to pay Tariffs, build in the U.S.A. Otherwise, lets just make our Country richer than ever before!"Read full newsRead More

Rio Tinto green lights $2.6B Koodaideri iron ore mine investment

Nov. 29, 2018, 11:57 AM / MINING.com Editor

Rio Tinto, (ASX, LON, NYSE:RIO) the world's second largest miner, is set to develop its most technologically advanced mine following the full approval of a $2.6 billion investment in the Koodaideri iron ore mine in Western Australia.The company stated Koodaideri will deliver a new production hub for Rio Tinto's world-class iron ore business in the Pilbara, incorporating a processing plant and infr...Read More

Rubicon announces positive reconciliation in test mining at Phoenix

Nov. 29, 2018, 11:28 AM / Northern Miner Staff

A bulk sampling and test mining exercise at Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) Phoenix gold project has yielded positive reconciliation results that validate the 2018 mineral resource estimate as well as the new geological model and structural interpretation of the F2 deposit, the company says.Over the summer and fall, Rubicon extracted material from three test stopes in the upper areas...Read More

Dynacor Gold to pay one-cent dividend Jan. 3

2018-11-29 11:23 / Mr. Jean Martineau reports

Mr. Jean Martineau reportsDYNACOR DECLARES SECOND QUARTERLY DIVIDEND PAYMENTDynacor Gold Mines Inc. will pay a quarterly dividend payment of one cent per common share on Jan. 3, 2019, to shareholders of record as of the close of business on Dec. 19, 2018. The payment represents the second quarterly dividend payment made to shareholders following the corporation's first ever dividend payment in Oct...Read More

RT @cberry1: Good Q&A/overview of the state of play in Energy Metals with my friends from @investinmining

Thu Nov 29 11:20:26 2018 / Chris Berry

For readers that don't know you, can you tell us about your background and current roles? In 2010, after 12Read full newsRead More

Mitsubishi Materials says its Indonesia copper smelter declared force majeure on some deliveries

Nov. 29, 2018, 10:43 AM / Reuters

* Japan's Mitsubishi Materials on Thursday said that its Indonesia copper smelting unit, PT Smelting, has declared force majeure on deliveries of products to some customers as maintenance at its plant in the country had been extended.* The smelter on Oct. 31 went into maintenance that was scheduled for about 30 days, but that has been extended due to a lack of oxygen supply from a neighboring oxyg...Read More

Congo state miner blames foreign investors for underdevelopment

Nov. 29, 2018, 10:40 AM / Bloomberg News

Democratic Republic of Congo's state mining company blamed international investors and anti-corruption activists for the country's lack of progress despite its vast mineral wealth.Non-governmental organizations including the Atlanta-based Carter Center and London-based Global Witness have accused Gecamines of failing to account for hundreds of millions of dollars paid to the state miner by the com...Read More

Lonmin turns first profit in four years ahead of Sibanye takeover

Nov. 29, 2018, 10:30 AM / Reuters

Nov 29 (Reuters) - Lonmin Plc, which is being bought by Sibanye-Stillwater, reported its first annual operating profit in four years as cost cuts by the platinum miner paid off.Lonmin also said on Thursday it expects Sibanye's deal to close early next year, but cautioned that some uncertainty still exists over its completion, which is subject to certain conditions.Lonmin shares rose as much as 9.3...Read More

Pan Orient Energy\'s L53-DD1 well on production test

2018-11-29 10:18 / Mr. Jeff Chisholm reports

Mr. Jeff Chisholm reportsPAN ORIENT ENERGY CORP. L53-DD1 OIL DISCOVERY- 779 BOPDPan Orient Energy Corp.'s L53-DD1 exploration well is on a 90-day production test and currently producing at a steady state of between 778 and 784 barrels per day of 23.6 degree API oil with a BS&W (basic sediment and water) of 0.4 per centfrom the DD sand through 5.2 metres of perforations between the depths of 1,...Read More

AMT to become first LME ring trader as ferrous liquidity provider

Nov. 29, 2018, 10:15 AM / Reuters

LONDON, Nov 29 (Reuters) - Broker Amalgamated Metal Trading Ltd has been appointed by the London Metal Exchange as a liquidity provider for its steel contracts, giving a boost to the market as the first ring trader in that role.AMT is one of nine top tier LME members that are allowed to trade in the open outcry ring as well as over the telephone and on the exchange's electronic system, meaning it...Read More

Rio Tinto to proceed with $2.6B #ironore mine in Western Australia

Thu Nov 29 10:14:59 2018 / Staff reporter

Construction for the project will start in 2019, with first production expected in late-2021.Read full newsRead More

#Deutsche Bank's premises including its HQ in Frankfurt were being searched by prosecutors on Thursday in a money l...

Thu Nov 29 10:14:14 2018 / Staff reporter

"#Deutsche Bank's premises including its HQ in Frankfurt were being searched by prosecutors on Thursday in a money laundering probe, prosecutors said in a statement. https://t.co/2nKBcgfVYi via @business"Read full newsRead More

BMW joins project to improve conditions for cobalt mining in Congo

Nov. 29, 2018, 10:02 AM / Reuters

FRANKFURT, Nov 29 (Reuters) - German carmaker BMW is exploring ways to improve working conditions for mining cobalt in Congo through a pilot project also supported by chemicals giant BASF, battery maker Samsung SDI and a development agency.Carmakers seeking to boost sales of electric cars are struggling to get their hands on cobalt, a scarce but vital component in the production of batteries. The...Read More

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