Mining Stocks Articles

Condor gold receives environmental permit to construct and operate a new mine at LA India project, Nicaragua

Aug. 6, 2018, 2:41 PM / Condor Gold

Condor Gold (AIM: CNR; OTCQX: CNFGF; TSX: COG) is pleased to announce that it has received an environmental permit for the development, construction and operation of a processing plant with a capacity of up to 2,800 tonnes per day ("tpd") and associated mine site infrastructure at its wholly-owned La India Gold Project, located in the Department of Leon, Nicaragua.Mark Child, Chairman and Chief Ex...Read More

Here's a rarity: #uranium miner Energy Fuels made a profit on the back of contract prices in the June quarter |...

Mon Aug 06 13:49:03 2018 / Staff reporter

"Here's a rarity: #uranium miner Energy Fuels made a profit on the back of contract prices in the June quarter | https://t.co/JwkrrHqu8Z $UUUU $EFR"Read full newsRead More

BHP asks for government mediation in talks at Chile's Escondida

Aug. 6, 2018, 1:35 PM / Reuters

Miner BHP said on Monday that it had formally requested a period of government mediation with the union at its Escondida copper mine in Chile, the world's largest, just hours before workers threatened to begin a strike.The union had earlier asked the company to negotiate by 10:00 a.m. local time (1400 GMT), but said in a statement later on Monday that it had begun preparing for a strike.BHP had no...Read More

Coal miners to see improved finances: BMI

Aug. 6, 2018, 12:58 PM / Valentina Ruiz Leotaud

A new report by BMI Research states that despite coal being an increasingly targeted commodity on environmental protection grounds, the demand remains strong due to the economic aspect of the fossil fuel and therefore producers will see improving financials over the coming years.According to BMI, major coal miners have already displayed positive financial performance in FY2017 and H118, aided by t...Read More

Coal miners to see improved finances: BMI

Aug. 6, 2018, 12:58 PM / Valentina Ruiz Leotaud

A new report by BMI Research states that despite coal being an increasingly targeted commodity on environmental protection grounds, the demand remains strong due to the economic aspect of the fossil fuel and therefore producers will see improving financials over the coming years.According to BMI, major coal miners have already displayed positive financial performance in FY2017 and H118, aided by t...Read More

California Gold Mining : Announces Private Placement

Mon Aug 06 12:01:01 2018 / Staff reporter

California Gold Mining Inc.announced today that it intends to carry out a non-brokered private placement of up to 4,800,000 unitsat a price of $0.25 per Unit for total proceeds of up to... | juillet 31,2018Read full newsRead More

Sole supplier puts cobalt (and EV) market at risk: IEA

Aug. 6, 2018, 11:31 AM / Valentina Ruiz Leotaud

The International Energy Agency released a report today where it states that having the Democratic Republic of Congo as the supplier of almost 60 per cent of the global production of cobalt is a risky business.According to the IEA, the cobalt demand for EVs is expected to be over 25 times larger a decade from now if the world's most developed economies comply with a promise they made last year at...Read More

Sole supplier puts cobalt (and EV) market at risk: IEA

Aug. 6, 2018, 11:31 AM / Valentina Ruiz Leotaud

The International Energy Agency released a report today where it states that having the Democratic Republic of Congo as the supplier of almost 60 per cent of the global production of cobalt is a risky business.According to the IEA, the cobalt demand for EVs is expected to be over 25 times larger a decade from now if the world's most developed economies comply with a promise they made last year at...Read More

California Gold Mining : Announces Private Placement

Mon Aug 06 11:18:03 2018 / Staff reporter

California Gold Mining Inc.announced today that it intends to carry out a non-brokered private placement of up to 4,800,000 unitsat a price of $0.25 per Unit for total proceeds of up to... | juillet 31,2018Read full newsRead More

RT @goldminingnews: CORRECTED-Canada's Kinross Gold puts Mauritania mine expansion on hold

Mon Aug 06 11:05:13 2018 / Gold Mining News

(Corrects fourth paragraph to show total new daily capacity is intended to rise to 30,000 tonnes per day rather than add 30,000 tonnes per day)Read full newsRead More

RT @tbiesheuvel: And another pretty rubbish day for the miners

Mon Aug 06 11:05:06 2018 / Thomas Biesheuvel

U.S. stocks rose for a third day as strong results from Berkshire Hathaway Inc. lifted financial shares and higher oil prices boosted energy producers. The dollar and Treasuries advanced.Read full newsRead More

Russia's Rusal shuts down Nadvoitsky plant due to U.S. sanctions

Aug. 6, 2018, 10:27 AM / Reuters

Russia's Rusal, the world's largest aluminium producer outside China, has started shutting down production at one of its smaller plants as a result of U.S. sanctions on the company, Rusal representatives said on Monday.Operations at the Nadvoitsky aluminium smelter in Russia's Karelia region cannot continue as the plant lost access to its end market and to a steady supply of raw materials ever sin...Read More

Condor Gold to start building mine in Nicaragua

Aug. 6, 2018, 10:18 AM / Valentina Ruiz Leotaud

London-based Condor Gold (AIM: CNR; TSX: COG) announced that it has received an environmental permit for the development of a processing plant with a capacity of up to 2,800 tonnes per day and associated mine site infrastructure at its wholly-owned La India gold project, located in the Department of Le??n, western Nicaragua.Thanks to this green light, construction is expected to start in the next...Read More

Condor Gold to start building mine in Nicaragua

Aug. 6, 2018, 10:18 AM / Valentina Ruiz Leotaud

London-based Condor Gold (AIM: CNR; TSX: COG) announced that it has received an environmental permit for the development of a processing plant with a capacity of up to 2,800 tonnes per day and associated mine site infrastructure at its wholly-owned La India gold project, located in the Department of Le??n, western Nicaragua.Thanks to this green light, construction is expected to start in the next...Read More

Kirkland Lake announces new high-grade, visible-gold bearing intercepts at Swan Zone

Mon Aug 06 09:39:39 2018 / Staff reporter

Kirkland Lake Gold Ltd announced that continued high-grade results from drilling at the Fosterville Mine in Victoria, Australia. Underground drilling continues to target additional growth in Mineral Reserves and Mineral Resources at the high-grade Swan Zone,Read full newsRead More

State-Owned Miner Takes up Gold Mining in India

Mon Aug 06 09:39:38 2018 / Staff reporter

Mining for gold is an expertise of which not too many Indian miners can boast. In fact, it makes up a minuscule portion of overall annual mining activities in the country. With neighboring China on the prowl for gold mining projects internationally, some recent news has brought some cheer to the gold sector in India....Read full newsRead More

CORRECTED-Canada's Kinross Gold puts Mauritania mine expansion on hold

Mon Aug 06 09:39:35 2018 / Staff reporter

(Corrects fourth paragraph to show total new daily capacity is intended to rise to 30,000 tonnes per day rather than add 30,000 tonnes per day)Read full newsRead More

#Canada's Biggest Producer Cuts Drilling As Heavy #Oil Price Tumbles | Zero Hedge

Mon Aug 06 09:07:06 2018 / Staff reporter

Canada Natural Resources, the largest producer, is allocating capital to lighter oil drilling and is curtailing heavy oil production as the price of Canadian heavy oil tumbled to a nearly five-year-low relative to the U.S. benchmark price.Read full newsRead More

Bernstein has downgraded Barrick Gold to 'hold' and dropped its TP by a massive 35% on the weak #gold price and Dus...

Mon Aug 06 09:05:21 2018 / Staff reporter

"Bernstein has downgraded Barrick Gold to 'hold' and dropped its TP by a massive 35% on the weak #gold price and Dushnisky's exit ($) | https://t.co/0Vfy8ero7t $ABX #ABX"Read full newsRead More

CORRECTED-Canada's Kinross Gold puts Mauritania mine expansion on hold

Mon Aug 06 08:48:08 2018 / Staff reporter

(Corrects fourth paragraph to show total new daily capacity is intended to rise to 30,000 tonnes per day rather than add 30,000 tonnes per day)Read full newsRead More

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