Mining Stocks Articles

San Marco awarded Espiritu SMR property in Mexico

2018-05-15 12:23 / Mr. Christian Grijalva reports

Mr. Christian Grijalva reportsSAN MARCO ACQUIRES ESPIRITU SMR POLYMETALLIC PROPERTY: INCREASES DISTRICT SCALE EXPLORATION FOOTPRINT IN THE SAHUARIPA DISTRICT OF EASTERN SONORA STATESan Marco Resources Inc. has been awarded the Espiritu SMR property in the Mexican government's recent mineral concession lottery.Espiritu SMR is located approximately 230 kilometreseast of Hermosillo and 15 kilometres...Read More

UAE trader looking to expand into gold refining in Africa

May. 15, 2018, 11:31 AM / Reuters

HONG KONG, May 15 (Reuters) - Privately held gold trader Sakthi Trading Group is planning to build two gold refineries in Africa and is looking for investors for the projects, company executives said on Tuesday.The group, headquartered in the United Arab Emirates, is seeking a total investment of $246 million for the refineries and related processing centres, in Ghana and the Democratic Republic o...Read More

Aurubis expects continued strong copper market, confirms outlook

May. 15, 2018, 11:27 AM / Reuters

HAMBURG, May 15 (Reuters) - Aurubis AG, Europe's biggest copper smelter, said on Tuesday it expects positive conditions to continue in copper markets in the coming months and confirmed its forecast of higher earnings."We still anticipate a satisfactory supply of copper concentrates (ore) and corresponding treatment and refining charges," it said. "We expect, in general, a stable copper scrap marke...Read More

Historic blue diamond auction exceeds expectations - sold for $6.7 million

May. 15, 2018, 11:05 AM / Cecilia Jamasmie

A 6.16-carat blue diamond that was secretly passed down through European royalty over three centuries has fetched $6.7 million at a Sotheby's auction in Geneva - $1.4 million more than what experts expected it to be sold for.The pear-shaped, dark grey-blue gem, known as The Farnese Blue, sold after just four minutes of bidding. It's believed to be one of the most important historical diamonds left...Read More

Chile copper mine Sierra Gorda closes following fatal accident

May. 15, 2018, 10:54 AM / Reuters

SANTIAGO, May 15 (Reuters) - Chilean copper mine Sierra Gorda, controlled by Polish miner KGHM, said on Tuesday it had shut down following a fatal accident involving a contract worker.Roberto Venegasa, an employee of equipment supply firm Finning, died during routine maintenance work at the mine, the company said in a statement."The company has decided to shut down operations and notify authoritie...Read More

Adamera Identifies two Gold Trends at Cooke Mountain

2018-05-15 09:46 / Mr. Mark Kolebaba reports

Mr. Mark Kolebaba reportsADAMERA PROVIDES EXPLORATION UPDATE - FOLLOW-UP DRILLING ON HIGH GRADE ZONES SCHEDULEDAdamera minerals Corp. has provided an update on its exploration of the Cooke Mountain project in Washington State.Drilling on high-grade intercepts generated in 2017 and 2018 is scheduled to resume in June, 2018. As a result of the 2017 and 2018 programs, Adamera has better defined two...Read More

Polish miner KGHM's first-quarter profit down 38 pct on sales decline

May. 15, 2018, 9:41 AM / Reuters

WARSAW, May 15 (Reuters) - Poland's KGHM, one of the world's biggest copper and silver producers, reported a 38 percent slide in first-quarter net profit on Tuesday, hit by lower output and sales.The state-run company said net profit for the first three months of the year stood at 439 million zlotys ($121.08 million), compared with the 453 million zlotys expected by analysts and 710 million zlotys...Read More

Argosy seeks project financing for Argentina lithium site through pilot sales -exec

May. 15, 2018, 9:32 AM / Reuters

HONG KONG, May 15 (Reuters) - Australian miner Argosy Minerals plans to use the production from the pilot plant at its lithium carbonate mine in Argentina to entice financing for its commercial operations at the site, a company executive said on Tuesday.Argosy's Rincon project in northern Argentina will start producing 500 tonnes per year of lithium carbonate equivalent (LCE) next month, Managing...Read More

Rio Tinto says climbing costs, resource nationalism once again big threats

May. 15, 2018, 8:58 AM / Cecilia Jamasmie

World's No.2 miner Rio Tinto (LON, ASX:RIO) said Tuesday that cost inflation driven by rising oil prices and a resurgence of resource nationalism are increasingly affecting mining companies' investment decisions.Speaking at the Bank of America Merrill Lynch conference in Miami, chief executive Jean Sebastien-Jacques said he remained optimistic about the medium to long-term global growth outlook...Read More

How Much Gold Is Left in the World?

Tue May 15 08:11:54 2018 / Staff reporter

The answer depends a lot on how much you're willing to spend to find it.Read full newsRead More

How Much Gold Is Left in the World?

Tue May 15 07:28:55 2018 / Staff reporter

The answer depends a lot on how much you're willing to spend to find it.Read full newsRead More

#Tesla Bursts Into Flames After "Violent Crash" In #Switzerland, Killing Driver Trapped Inside | Zero Hedge

Tue May 15 06:53:39 2018 / Staff reporter

A 48-year-old German motorist died when his Telsa Model S crashed into a highway guardrail near the Swiss town of Bellinzona, and burst into flames trapping the driver.Read full newsRead More

Mountain Province hires former De Beers financial chief as president and CEO

May. 15, 2018, 6:05 AM / Cecilia Jamasmie

Mountain Province Diamonds (TSX, NASDAQ: MPVD) has appointed outgoing Firestone Diamonds (LON:FDI) boss and former De Beers financial chief, Stuart Brown, as its new president and top executive.Brown led Lesotho-focused Firestone since September 2013 and was the main person in charge of securing the funding and building the team that delivered the successful construction and transition to producti...Read More

Glencore, Barrick expect prospecting license for Tanzania nickel project

Tue May 15 05:48:59 2018 / Staff reporter

Global miners Glencore and Barrick Gold expect to receive a prospecting license for a nickel joint venture in Tanzania after the government canceled its retention license, Barrick said.Read full newsRead More

Gold, Silver, Mining Stocks: One Reversal Too Many

Tue May 15 05:48:58 2018 / Staff reporter

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

GS Mining Company Announces New Mining Personnel

Tue May 15 05:48:56 2018 / Staff reporter

The GS Mining Company announces the addition of Matt Mason to the team at The Bates Hunter Gold mine effective today.The Moria Token is a crypto-currency issued by the GS Mining Company LLC which operates the historic Bates Hunter gold mine in Colorado.Read full newsRead More

Canadian Exchanges Stock Scanner Trevali Mining Yamana Gold Kinross Gold and Eldorado Gold

Tue May 15 05:48:55 2018 / Staff reporter

LONDON, UK / ACCESSWIRE / May 14, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Trevali Mining, Yamana Gold, Kinross Gold, and Eldorado Gold.Today's stocks of interest consist of: Trevali Mining CorporationRead full newsRead More

These Gold Streaming Stocks Are Buys for 2018

Tue May 15 05:48:55 2018 / Staff reporter

Gold streaming companies are a great way to invest in the precious metal. Here are some of the key benefits you need to know about and the top stocks to consider.Read full newsRead More

How Much Gold Is Left in the World?

Tue May 15 05:48:55 2018 / Staff reporter

The answer depends a lot on how much you're willing to spend to find it.Read full newsRead More

How Much Gold Is Left in the World?

Tue May 15 04:49:54 2018 / Staff reporter

The answer depends a lot on how much you're willing to spend to find it.Read full newsRead More

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