Shares of Jaguar Mining (TSX: JAG) lost a third of their value during the Aug. 13-17 trading week after the abrupt resignation of the company's CEO Rod Lamond, along with news that the junior gold miner was cutting its 2018 production guidance to 80,000-85,000 ounces of gold from 90,000-105,000 ounces of gold."Rod's resignation is bad news-he must have felt it was getting hopeless," says an indust...Read More
A Semafo (TSX: OMX) employee and a subcontractor are dead after armed bandits shot at a bus transporting the company's workers 80 km from the town of Bobo-Dioulasso to the Mana mine in Burkina Faso.The shootings on Aug. 17 were preceded on Aug. 13 by the death of five gendarmes and a subcontractor travelling between Semafo's Boungou mine and the town of Fada.The company says it doesn't believe the...Read More
Publisher's Note: Today, we're bringing you an interview between our junior mining expert and editor of Junior Mining Monthly and Junior Mining Trader, Gerardo Del Real, and Executive Chairman of Abacus Mining (TSX-V: AME) (OTC: ABCFF), Mr. Michael McInnis.Abacus is seeing some promising results from recent drilling in Nevada. Read on to learn all about them, the company, and where it goes from h...Read More
August 19, 2018: Joe Lowry posted an article on LinkedInRead full newsRead More
Australia's Fortescue Metals said that its annual profit halved as prices for its lower quality iron ore fell, and pledged to wring further efficiencies from its low-cost operations.The world's fourth-largest iron ore miner said underlying net profit after tax came in at $1.08 billion, in line with expectations and down from $2.13 billion a year ago.Fortescue has been hit by falling prices for its...Read More
Companies desperate to turn struggling operations around have cut jobs left and right, but the government issued a stern warning against further layoffs.Read full newsRead More
A spate of mass toxic poisonings in the Cambodian provinces of Kratie and Mondulkiri have hospitalized hundreds and killed at least 16 people since May. Although the causes of the...Read full newsRead More
JUNEAU, Alaska (AP) - A massive gold mine proposed in western Alaska has cleared a regulatory hurdle, acquiring permits from federal agencies. The Donlin Gold Mine received permits Monday from the Army Corps of Engineers and the Bureau of Land Management after about six years of environmental review, Alaska's Energy Desk reported . The project required a permit from the Corps because it will...Read More
VANCOUVER - SSR Mining Inc. reported improved financial performance and increased production in its consolidated financial results for the second quarter ended June 30.Read full newsRead More
Companies desperate to turn struggling operations around have cut jobs left and right, but the government issued a stern warning against further layoffs.Read full newsRead More
Precious gemstones miner Gemfields denounced this week that there has been a significant influx of firearm-bearing illegal miners and handlers at its majority-controlled emerald bulk-sampling operations in southern Ethiopia.The 200-square-kilometre emerald exploration licence is owned by Web Gemstone Mining plc, an Ethiopian company in which Gemfields holds a 75 per cent interest.Back in June, the...Read More
Precious gemstones miner Gemfields denounced this week that there has been a significant influx of firearm-bearing illegal miners and handlers at its majority-controlled emerald bulk-sampling operations in southern Ethiopia.The 200-square-kilometre emerald exploration licence is owned by Web Gemstone Mining plc, an Ethiopian company in which Gemfields holds a 75 per cent interest.Back in June, the...Read More
Companies desperate to turn struggling operations around have cut jobs left and right, but the government issued a stern warning against further layoffs.Read full newsRead More
Local media are reporting that one person died and three were injured after a wall collapsed at the community-operated Gaika Mine in Kwekwe, central Zimbabwe.The miners were digging for gold and allegedly were using explosives, which weakened the shaft where they were working.Three of them ended up trapped for a few hours but were rescued by colleagues working nearby while the fatal victim, identi...Read More
Local media are reporting that one person died and three were injured after a wall collapsed at the community-operated Gaika Mine in Kwekwe, central Zimbabwe.The miners were digging for gold and allegedly were using explosives, which weakened the shaft where they were working.Three of them ended up trapped for a few hours but were rescued by colleagues working nearby while the fatal victim, identi...Read More
A copper band found in Coastal Georgia revealed that ancient Native Americans engaged in extensive trade networks spanning far greater distances than what has been previously thought.Discovered by a group of anthropologists, the band is slightly wider than a bracelet. It was located alongside the cremated remains of at least seven individuals at a burial site. According to the researchers, this is...Read More
A copper band found in Coastal Georgia revealed that ancient Native Americans engaged in extensive trade networks spanning far greater distances than what has been previously thought.Discovered by a group of anthropologists, the band is slightly wider than a bracelet. It was located alongside the cremated remains of at least seven individuals at a burial site. According to the researchers, this is...Read More
Chile's Antofagasta, one of the world's leading copper producers, expects copper prices to continue to be volatile due to global trade tensions, the head of the company was quoted in a local newspaper as saying on Sunday.Ivan Arriagada, chief executive of Antofagasta, said he expected copper prices to be affected by global uncertainty, according to an interview published in Chilean newspaper La Te...Read More
Venezuela's debt crisis passed a new milestone as the government missed a principal payment on one of its bonds for the first time this week, boosting arrears on international securities to $6.1 billion....Read full newsRead More