Mining Stocks Articles

Freeport to cede control of Indonesian copper mine in $3.9 bn deal

Jul. 12, 2018, 3:39 PM / Reuters

JAKARTA/TORONTO, July 12 (Reuters) - Freeport-McMoRan Inc said on Thursday it will sell a majority stake in the world's second-biggest copper mine to the Indonesian government, seemingly ending a long-running dispute via a series of complex deals worth $3.85 billion.The agreement, which could still collapse, will see Freeport give up majority control but remain the operator of the Grasberg mine, l...Read More

Goldsource drills 2 m of 87.51 g/t Au at Eagle Mountain

2018-07-12 15:32 / Mr. Yannis Tsitos reports

Mr. Yannis Tsitos reportsGOLDSOURCE REPORTS HIGH-GRADE RESULTS FROM SALBORA AND INITIAL RESULTS FROM BISHOP GROWLER; 2.0 METRES GRADING 87.51 G/T AUGoldsource Mines Inc. has released additional results from the continuing exploration program at the Salbora target and initial results for the Bishop Growler target at its Eagle Mountain gold project in Guyana. The company has received assay results f...Read More

We are pleased to announce @ProudfootMCG are a platinum partner for Future of Mining Americas taking place in Denve...

Thu Jul 12 15:30:03 2018 / Proudfoot

"We are pleased to announce @ProudfootMCG are a platinum partner for Future of Mining Americas taking place in Denver October 29-30. Find out more about their #DigitalTransformation #operationaltransformation solutions #futureofmining #FOMAmericas https://t.co/nce1P9i6Bm"Read full newsRead More

Velocity Issues Shares for Services @velocitymineral

Thu Jul 12 14:10:36 2018 / Velocityminerals

Velocity Minerals Ltd. (TSXV:VLC) ("Velocity" or the "Company") announces that the previously announced shares for services arrangement (the "Arrangement") with GEOPS - Bolkan Drilling Services Ltd. (theRead full newsRead More

RT @Frank_Giustra: ???@CrisisGroup??(C) ???@RadcliffeFdn??(C) ???@Rob_Malley??(C)

Thu Jul 12 12:49:20 2018 / Frank Giustra

Most of us are familiar with The Hunger Games - the story of a fictional future society where an elite has everything and is oblivious to the suffering all around them, beyond an occasionally...Read full newsRead More

Stratabound Announces Closing of Private Placement

Thu Jul 12 12:34:17 2018 / Staff reporter

Stratabound Minerals Corp. (TSX-V:SB) ("Stratabound" or "the Company") is pleased to announce the closing of the non-brokered private placement (the "Private Placement") offering of $495,125 first announced on June 27, 2018.Read full newsRead More

Vendetta to start PEA on Pegmont

2018-07-12 11:55 / Mr. Michael Williams reports

Mr. Michael Williams reportsVENDETTA COMMENCES PRELIMINARY ECONOMIC ASSESSMENT AND UPDATES RESOURCE DEVELOPMENT ACTIVITIESVendetta Mining Corp. has provided the following update on resource development activities and the commencement of a preliminary economic assessment at the Pegmont lead-zinc project in Queensland, Australia.Update on mineral resource estimateAn updated mineral resource estimate...Read More

RT @ElectrekCo: Porsche connects its first ultra-fast 800-volt charging station to the grid ahead of the Taycan

Thu Jul 12 11:29:35 2018 / Electrek.Co

Last year, Porsche deployed its first new 'ultra-fast' charging station that will work with the Mission E, now Taycan, 800-volt charging system. Now the company announced that they are ...Read full newsRead More

Cobalt27's Anthony Milewski discusses Vale transaction, #cobalt outlook - The Northern Miner

Thu Jul 12 11:05:44 2018 / Staff reporter

Cobalt27 Capital (TSXV: KBLT) recently acquired a US$300-million cobalt stream on Vale's (NYSE: VALE) Voisey's Bay nickel-copper-cobalt mine, beginning in 2021. It also has a...Read full newsRead More

Gold And Silver's Reversals' Reversals

Thu Jul 12 10:39:43 2018 / Staff reporter

Commodities Analysis by Sunshine Profits (Przemyslaw Radomski, CFA) covering: XAU/USD, XAG/USD, US Dollar Index Futures, Gold Futures. Read Sunshine Profits (Przemyslaw Radomski, CFA)'s latest article on Investing.comRead full newsRead More

Adamera Minerals closes $500,000 financing

2018-07-12 10:39 / Mr. Mark Kolebaba reports

Mr. Mark Kolebaba reportsADAMERA MINERALS INCREASES AND CLOSES PRIVATE PLACEMENTAdamera Minerals Corp. has closed thefinancing announcedJune 7, 2018. The company increased the private placement from five million units for $300,000, as originally announced, to 8,333,333 units for $500,000. Each unit is priced at six cents and will consist of one common share and one-half of one non-transferable war...Read More

Harmony Gold Mining Company Ltd.: Fatality at Kusasalethu mine

Thu Jul 12 09:58:02 2018 / Staff reporter

10 Jul '18 Johannesburg, Tuesday, 10 July 2018. Harmony Gold Mining Company Limited regrets to advise that one of its employees was fatally injured in a fall of ground incident at its Kusasalethu mine in Carletonville this morning. An investigation into the accident is underway. Management express their deepest condolences to the deceased employee's family, friends and colleagues. [...]T...Read More

Rio Tinto to sell its largest pink diamond

Jul. 12, 2018, 9:05 AM / Cecilia Jamasmie

Rio Tinto (ASX, LON:RIO) said Thursday is putting up for sale a 3.14-carat, vivid pink diamond at its 2018 tender, the largest stone of its colour in the history of the annual sale of sparklers from its West Australian-based Argyle mine.The emerald-cut polished stone, named The Argyle Alpha, is one of 63 rare pink, red and violet diamonds - weighing a combined 51.48 carats - Rio expects to sale a...Read More

Terrax samples 5.5 m of 24.75 g/t Au at Yellowknife

2018-07-12 08:34 / Mr. Joseph Campbell reports

Mr. Joseph Campbell reportsTERRAX IDENTIFIES TWO NEW GOLD ZONES ON NORTHBELT PROPERTY AND CHANNEL SAMPLES 5.50 M @ 24.75 G/T AU AT PTARMIGAN ON EASTBELTTerrax Minerals Inc. has provided assay results from the company's summer field program now under way on the Yellowknife City gold project.The first set of assay results come from sampling done on two new zones called Gull Lake and Rater Lake that...Read More

Resolute Mining achieves guidance and forecasts 300,000 ounces in FY19

Thu Jul 12 08:21:08 2018 / Staff reporter

The average price received for gold sold in FY18 was A$1,703 per ounce.Read full newsRead More

Barrick clips 2018 copper production outlook, sees higher costs

Thu Jul 12 08:21:07 2018 / Staff reporter

Canada's Barrick Gold Corp lowered its full-year copper production forecast on Wednesday while increasing its cost estimates, saying the change reflected operational challenges and planned work at its Lumwana mine in Zambia.Read full newsRead More

Peak Gold Triggers Flows Into Gold Stocks - Frank Holmes

Thu Jul 12 08:21:06 2018 / Staff reporter

Investment capital is flowing into gold stocks and Frank Holmes, CEO of U.S. Investors, said that this may be due to peak gold.Read full newsRead More

Gold And Silver's Reversals' Reversals

Thu Jul 12 08:21:05 2018 / Staff reporter

Commodities Analysis by Sunshine Profits (Przemyslaw Radomski, CFA) covering: XAU/USD, XAG/USD, US Dollar Index Futures, Gold Futures. Read Sunshine Profits (Przemyslaw Radomski, CFA)'s latest article on Investing.comRead full newsRead More

Harmony Gold Mining Company Ltd.: Fatality at Kusasalethu mine

Thu Jul 12 08:21:03 2018 / Staff reporter

10 Jul '18 Johannesburg, Tuesday, 10 July 2018. Harmony Gold Mining Company Limited regrets to advise that one of its employees was fatally injured in a fall of ground incident at its Kusasalethu mine in Carletonville this morning. An investigation into the accident is underway. Management express their deepest condolences to the deceased employee's family, friends and colleagues. [...]T...Read More

Corvus Gold drills 109.7 m of 1.4 g/t Au at Mother Lode

2018-07-12 08:12 / Mr. Jeff Pontius reports

Mr. Jeff Pontius reportsCORVUS GOLD DRILLS 109.7 METRES @ 1.4 G/T GOLD (INCLUDING 54.8M @ 1.86 G/T GOLD), WEST ZONE STEPOUT, MOTHER LODE PROJECT, NEVADACorvus Gold Inc. has received additional results from its resource expansion drill program on the western extension of the 100-per-cent-owned Mother Lode deposit. The most recent result, hole ML18-068, the westernmost hole drilled to date, returned...Read More

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