Mining Stocks Articles

good natured (R) Announces Financial Results for the Three & Nine Months Ended September 30, 2018

November 22, 2018 03:53:27 / Staff reporter

Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced its financial results for the three months ("Q3 FY18") and nine months ("YTD") ended September 30, 2018."While our revenue growth for Q3 was 24% relative to the comparative quarter last year, I anticipate the year-end annual sales growth to be in the range of 50% to 60%," said Paul Antoni...Read More

Little Known Microcap Explorer Becoming Important For SSR Mining's Future In Saskatchewan

Nov 22, 2018 / MiningFeeds

By Daniel CookPart 2: It's Only Natural...Every mining company has the same problem, they've got to replenish their inventory every year. That means if they're mining 100,000 ounces of gold annually they need to discover at least 100,000 ounces every year to stay afloat. Analysts and investors demand it and watch these inventory levels closely.Did you know SSR Mining's most profitable operation co...Read More

Belmont to resume lithium drilling in Nevada

November 22, 2018 / Resource World

Drilling Belmont's Kibby Basin lithium prospect in Nevada. Source Belmont Resources Inc.Belmont Resources Inc. [BEA-TSXV, L3L1-FSE] said Thursday November 22 that it is poised to commence drilling at its Kibby Basin lithium brine project in Nevada, likely after the Thanksgiving holiday.The company said drill hole KB-4 will target a prominent structure within the large MT (magnetotelluric) anomaly...Read More

NexGen set for major uranium drill program

November 22, 2018 / Resource World

Drilling NexGen Energy's Rook 1 property in the Saskatchewan's Athabasca Basin. Source: NexGen Energy Ltd.NexGen Energy Ltd. [NXE-TSX, NYSE] on Thursday November 22 released geotechnical and radioactivity results for 29 drill holes that targeted the company's 100%-owned Rook 1 uranium property in northern Saskatchewan's Athabasca Basin.The announcement follows a prediction by Uranium Energy Corp....Read More

Mirasol embarks on $4.5M exploration campaign across Argentina and Chile

November 22, 2018 / Posted Richard Quarisa

Mirasol Resources (TSXV: MRZ; US-OTC: MRZLF) is about to do something it doesn't do often: drill one of its own projects.The Argentina and Chile focused precious metals project generator is in the middle of a $4.5 million exploration initiative at its gold-silver-copper projects in Chile and Nico gold-silver project in Argentina. It intends to spend $1.51 million exploring Nico alone, which it's c...Read More

Eight killed in attack on Foraco camp in Niger

November 22, 2018 / Posted Northern Miner Staff

Drilling company Foraco International (TSX: FAR) has reported that a terrorist attack at its camp in Toumour Village in Niger's remote southeast has left 8 people dead and five wounded.The company said that at around 2 AM on Nov. 22, a group of terrorists attacked a small building where a Foraco team was sleeping and killed seven Foraco personnel and one civil servant. Five other employees were wo...Read More

De Beers launches Lightbox

November 22, 2018 / Posted Alisha Hiyate

Scrolling through the website of Lightbox Jewelry soon after its launch in late September, three things jump out at you.First, the website declares its product is lab-grown diamonds.Second, the pricing is consistent, regardless of the colour of the synthetic diamonds on offer (white, pink or blue) and surprisingly low. It also increases proportionally with size.And third, there are no rings for sa...Read More

Maverix Metals raises guidance for 2018

November 22, 2018 / Posted Northern Miner Staff

Precious metals streaming and royalty company Maverix Metals (TSXV: MMX) forecasts it will exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces.In the third quarter, Maverix recorded attributable gold-equivalent ounces sold of 6,195 ounces, and in the nine months ended Sept. 30, the company's total attributable gold-equivalent production reached 15,236 o...Read More

Star Diamond gets provincial go-ahead

November 22, 2018 / Posted Alisha Hiyate

Star Diamond (TSX: DIAM), formerly Shore Gold, has received approval for its Star-Orion South diamond project from Saskatchewan's environment minister. The project is located near Fort ? la Corne, in the central part of the province.The federal environment assessment agency announced its positive decision in December 2014. Additional permit approvals from the provincial and certain municipalities...Read More

Delrey completes IPO, explores Sunset cobalt project in BC

November 22, 2018 / Posted Northern Miner Staff

Delrey Metals (CNSX: DLRY) has finished its $165,000 phase one exploration program at its Sunset cobalt-copper-zinc property in southwest British Columbia.In September 2018, the company took 708 soil samples at Sunset, as well as 68 rock samples and 11 stream sediment samples. The company had previously collected 436 soil samples at Sunset, and a previous operator collected 938 soil samples. As a...Read More

Stornoway looks to be cash-flow positive in 2019

November 22, 2018 / Posted Alisha Hiyate

An ore shortage in the first half of the year and a challenging underground ramp-up at its Renard mine led Stornoway Diamond (TSX: SWY) to close a $129-million financing in October. But Stornoway president and CEO Matt Manson says that all the pieces are now in place, and the company is set to be cash-flow positive in 2019.Stornoway achieved commercial production at Renard, in north-central Quebec...Read More

Update: Marathon Gold hits more high-grade intercepts in Newfoundland

November 22, 2018 / Posted Trish Saywell

Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports.The company recently completed its 41,000-metre step-out and infill drill program for 2018, and assays include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold over 10 metres from 134 metres d...Read More

Mining contractor NRW reassures on growth risks

22 November 2018 / Staff reporter

Long-serving Australian Shareholders Association representative Len Roy applauded NRW's recovery from that period at the company's latest annual general meeting, citing a "60-times uplift in mar...Read More

"I can tell you, if that's the case, there will be no mining"

22 November 2018 / Staff reporter

The North Gauteng High Court ruled in favour of the Amadiba Crisis Committee, which had been fighting against MRC's subsidiary Transword Energy and Mineral Resources obtaining mining rights to mine titanium in the village of Xolobeni on South Africa's south-west coast.MRC was proposing openpit mining operatipns on 900 hectares of land, including wet separation plants, slimes dams, tailings dams an...Read More

My Worst Nightmare...

November 22, 2018 / Jimmy Mengel

I still remember the first time I had "The Nightmare"...When I was around three years old, I was living in a haunted old farmhouse in Maryland. We had a barn, a few horses, and a couple of crabapple trees. The floors creaked, the walls bowed, and the trees scratched the windows menacingly with their quivering claw hands.When I went to sleep, I was often scared.The basement - which I had only dared...Read More

Australian engineer RCR in administration

22 November 2018 / Staff reporter

The company was understood to be seeking additional funds from its lending syndicate, led by the Commonwealth Bank of Australia just weeks after an emergency A$100 million capital raising ...Read More

Walker River Resources starts drilling at Lapon Canyon gold project in Nevada

Nov. 21, 2018, 10:43 PM / MINING.com Staff

Vancouver- based Walker River Resources (TSXV: WRR) has announced that it has just started a drilling program at its Lapon Canyon gold project in Nevada.Located 60 kilometres southeast of Yerington in the Wassuk Range, the project consists of 96 claims that occupy 1,940 acres.In a media statement, Walker River said that this winter drilling campaign will focus on infill and expansion of the Lapon...Read More

Dynasty Gold Announces Completion of Mapping and Prospecting Program at the Thundercloud Property, Ontario

Wed Nov 21 22:36:02 2018 / Staff reporter

VANCOUVER, BC / ACCESSWIRE / November 19, 2018 / Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC PINK: DGDCF) (Read full newsRead More

Coral Gold CFO Davidson resigns

2018-11-21 20:42 / Mr. David Wolfin reports

Mr. David Wolfin reportsCORAL ANNOUNCES MANAGEMENT CHANGESMalcolm Davidson, chief financial officer, will depart Coral Gold Resources Ltd. immediately."Mr. Davidson spent eight years with Coral and we wish him the best in his future endeavours," said David Wolfin, president and chief executive officer. "He built a strong finance team which will manage the transition to a new CFO effectively."The c...Read More

Avino CFO Davidson to depart

2018-11-21 20:35 / Mr. David Wolfin reports

Mr. David Wolfin reportsAVINO ANNOUNCES MANAGEMENT CHANGES Avino Silver & Gold Mines Ltd.'s Malcolm Davidson, chief financial officer, will depart the company immediately."Mr. Davidson spent eight years with Avino, and we wish him the best in his future endeavours," said David Wolfin, president and chief executive officer. "He built a strong finance team, which will manage the transition to a...Read More

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