Mining Stocks Articles

KNEIP focused on transforming financial services to better serve investors

12:50 12 Feb 2018 / Andrew Scott

Lee Godfrey, chief executive at KNEIP, tells Proactive they're an industry leader in data management and reporting solutions for the investment and insurance industry.''Our vision is to transform the financial services industry to better serve investors'', Godfrey says.''We don't have a direct relationship with investors but our clients do and we want to make sure everything they produce for inves...Read More

Update from holidays firm TUI unlikely to overshadow the latest UK inflation numbers

12:45 12 Feb 2018 / Jon Hopkins

After a mixed update last week from peer Thomas Cook Group PLC (LON:TCG), a first-quarter trading statement will be closely eyed from FTSE 100-listed holidays firm TUI AG (LON:TUI) on Tuesday, when it also holds its annual general meeting.In a preview, analysts at French broker Kepler Cheuvreux said they think that TUI will indicate an improving underlying booking situation which, however, they be...Read More

Stonewall Resources excited by open-cut potential at TGME gold project

11:46 12 Feb 2018 / Andrew Scott

Rob Thomson, managing director at Stonewall Resources Ltd (ASX:SWJ), spoke to Proactive's Andrew Scott on site at their Theta Hill prospect - part of the TGME gold project in South Africa.They've kicked off a second round of exploration which will comprise RC drilling of 20-30 holes for around 1500 metres.Stonewall aims to complete the phase II drilling at Theta Hill by mid?EUR?March 2018.Further...Read More

MGX eyeing lithium brine assets in Chile

Feb. 12, 2018, 11:42 AM / Valentina Ruiz Leotaud

Vancouver-based MGX Minerals (CSE: XMG) is known for its unconventional mining methods aimed at recovering lithium, nickel, vanadium, and cobalt mostly from waste material from different extractive industries.Without changing the way it operates, the Canadian miner now wants to set foot in the world's second lithium producing country: Chile. Thus, management announced the opening of a field office...Read More

Savannah Resources sees further high grade Lithium intersections at Mina do Barroso

11:02 12 Feb 2018 / Andrew Scott

David Archer, chief executive of Savannah Resources Plc (LON:SAV), tells Proactive ongoing reverse circulation drilling at the Mina do Barroso lithium project in Portugal continues to return significant intersections of lithium mineralisation.The drilling is designed to build upon the existing JORC resource of 32,000t of Li2O already defined at the Reservatorio deposit, one of three targets curren...Read More

Papua Mining looking to minimise expenditure risk as it advances key projects

10:43 12 Feb 2018 / Andrew Scott

David Price, chief executive of Papua Mining PLC (LON:PML), tells Proactive the real focus for them at the moment is firmly on their Lighthouse project in Queensland, Australia.''We've accumulated ground around us in three different acquisitions recently ..  and we're identifying vacant ground that has historical prospects on and we're slowly accumulating that ground holding because we f...Read More

Telson\'s Campo Morado produces 5,021 t zinc concentrate

2018-02-12 10:26 / Mr. Antonio Berlanga reports

Mr. Antonio Berlanga reportsTELSON ANNOUNCES CAMPO MORADO MINE 2017 STARTUP OPERATIONAL RESULTS OF 2.4 MONTHS OF DEVELOPMENT, PREPRODUCTION AND INITIAL CONCENTRATE SALESTelson Resources Inc. has successfully startedpreproduction development mining and processing at its 100-per-cent-owned Campo Morado mine in Guerrero, Mexico. Preproduction test milling operations started on Oct. 14, 2017, and the...Read More

Seabridge dealing with damages from previous mining activities in northern BC

Feb. 12, 2018, 10:18 AM / Valentina Ruiz Leotaud

The Association of Mineral Exploration in British Columbia recently awarded Seabridge Gold (TSX: SEA)(NYSE:SA) the 2017 Robert R. Hedley Award for excellence in social and environmental responsibility at its KSM project, which the company says is one of the largest undeveloped gold projects in the world measured by reserves.Inspired by the work at KSM, Brent Murphy, Seabridge Vice President of Env...Read More

'This is the year we start to take back our identity' - Tokencommunities' Alex Lightman

09:48 12 Feb 2018 / Andrew Scott

Alex Lightman and Adiba Khalik from TokenCommunities Plc tell Proactive 2017 was an enormous year for the sector.''Blockchain and ICOs were the biggest business stories of the year and one of the biggest news stories of all'', Lightman says.''There was almost an unprecedented rise in one year of a new financial sector and it was almost entirely self-funded ... and the smart money wasn't really in...Read More

#China's Latest Move In The 'Graveyard Of Empires' | Zero Hedge

Mon Feb 12 09:28:00 2018 / Staff reporter

Beijing's strategic priority is to prevent ETIM fighters exiled in Afghanistan crossing the Wakhan Corridor to carry out operations in Xinjiang...Read full newsRead More

The 11 Cities Most Likely To Run Out Of Drinking #Water | Zero Hedge

Mon Feb 12 09:26:35 2018 / Staff reporter

How did we ever let things get this bad?Read full newsRead More

Soaring cobalt prices force Samsung SDI to mine metal from old phones

Feb. 12, 2018, 8:44 AM / Cecilia Jamasmie

Samsung SDI, South Korea's leading battery maker, has unveiled plans to recycle cobalt from used mobile phones and develop lithium-ion batteries with minimum content of the metal, or no cobalt at all, as a way to offset soaring prices for the silver-grey commodity.Carmakers are scrambling to secure supply of cobalt, a key ingredient in lithium-ion batteries that power electric vehicles, which pric...Read More

Exploration the key focus for Altona Energy as it works to de-risk and sell off coal asset

08:30 12 Feb 2018 / Andrew Scott

Nicholas Lyth, chief executive of Altona Energy (LON:ANR) tells Proactive's Andrew Scott this year is all about exploration for them.''We've now got  a partner on board who's willing to support and fund us and we're going to use that money to explore the Westfield tenement and hopefully by the end of 2018 we'd have found what we're expecting to find ... in 2019 we'll be progressing it on to a...Read More

Equinox Gold receives $19.2-million from Pacific Road

2018-02-12 08:00 / Mr. Christian Milau reports

Mr. Christian Milau reportsEQUINOX GOLD RECEIVES C$19.2 MILLION FROM PACIFIC ROAD RESOURCES FUNDSEquinox Gold Corp. has received $19.2-million from Pacific Road Resources Funds and issued 21 million Equinox Gold common shares to Pacific Road pursuant to Pacific Road's exercise of non-dilution rights, as previously announced on Jan. 16, 2018. The shares are subject to a four-month hold period expir...Read More

Mineral Mountain starts drilling at Standby

2018-02-12 07:58 / Mr. Nelson Baker reports

Mr. Nelson Baker reportsDRILLING ON MINERAL MOUNTAIN'S STANDBY MINE PATENTS BEGINS IN THE ROCHFORD DISTRICT, SOUTH DAKOTA, USAMineral Mountain Resources Ltd.'s planned phase 1 drill program consisting of a minimum of 12 drill holes totalling approximately 4,300 metres started Feb. 7 to test the down-plunge extension of the 300-metre-wide Standby mine gold structure partially developed from 1891 to...Read More

Russia and Iran to revamp Fordow nuclear facility

Feb. 12, 2018, 6:13 AM / Valentina Ruiz Leotaud

Russia's Ambassador to Iran, Levan Dzhagaryan, announced Sunday that his government offered some support so that the Middle Eastern country revamps the Fordow nuclear facility, located near the northern city of Qom.In an interview with Russia's news agency TASS, Dzhagaryan said a delegation from the state-run nuclear agency Rosatom visited the Iran and discussed "certain practical aspects of the p...Read More

Embattled Acacia Mining ends painful year with $700-million loss

Feb. 12, 2018, 5:17 AM / Cecilia Jamasmie

Acacia Mining (LON:ACA), Tanzania's No.1 bullion producer, has scrapped its 2017 dividend after a long-running dispute with the government of the East African nation cost the company $700 million in annual loss.The company, majority owned by Barrick Gold (TSX, NYSE:ABX), also said its gold output would drop in 2018 as a result of the ongoing ban on exports of metal concentrate, which represent...Read More

Lucapa recovers first diamonds from Lesotho mine

Feb. 12, 2018, 5:00 AM / Valentina Ruiz Leotaud

Australia's Lucapa Diamond (ASX:LOM) announced that, for the first time, workers at its 70% owned Mothae mine in Lesotho have recovered diamondssourcedfromresidualmaterialandkimberlitestockpiles.In a press release, the company explained that the gems were recovered through theexisting bulk sampling plant and infrastructure at Mothae, which has been refurbished ahead of schedule as part of a previo...Read More

Broadway Gold Mining drilling program at Madison Copper-Gold Project

Mon Feb 12 03:40:08 2018 / Staff reporter

Broadway Gold Mining Ltd. announced that Phase III surface drilling program at the Company's 100%-owned Madison copper-gold project in the legendary Butte-Anaconda mining region of Montana, USA.Read full newsRead More

Suncor Energy hikes stake in Syncrude in $730 million deal

Feb. 12, 2018, 3:18 AM / Cecilia Jamasmie

Suncor Energy (TSX:SU), Canada's second-largest oil and gas producer, is buying Mocal Energy's 5% stake in the Syncrude joint venture for $730 million (roughly Cdn$920 million), and said it's also acquiring an interest in an offshore project in the Norwegian Sea.As a result of the first deal, expected to close in the first quarter, Suncor's share in Syncrude rises to 58.74% from 53.74%. The other...Read More

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