Cyril Ramaphosa isn't even president yet and mining companies are already changing their tune on South Africa.A former mine union leader and now one of the wealthiest black South Africans, the new leader of the ruling African National Congress is seen as more willing to negotiate investor-friendly policy, according to executives attending the African Mining Indaba conference in Cape Town this week...Read More
Andrew Newland, chief executive of ANGLE PLC (LON:AGL), discusses with Proactive their significant new collaboration with healthcare giant Abbott Laboratories.The two will be working on a metastatic breast cancer study.Abbott will provide its proprietary PathVysion HER-2 DNA FISH Probe kits for ANGLE's ANG-002 US Food & Drug Administration (FDA) study for FISH (fluorescence in situ hybridizati...Read More
The World Gold Council's Alistair Hewitt talks through their Q4 and full year 2017 report.He says gold demand rallied in the closing months of 2017, gaining 6% year-on-year in Q4 to reach 1,095.8 tonnes.However he adds that overall demand for the full year fell by 7% to 4,071.7 tonnes, compared with 2016.Hewitt says inflows into ETFs continued steadily throughout the year, totalling 202.8t, but la...Read More
London Capital Group's head of research Jasper Lawler gives his take on the sell-off in the equity markets.The dumping of stock comes less than two weeks after the US stock market hit a record high.Lawler says the speed and nature of the massive decline in the Dow Jones raises some serious market structure questions. Meet Anglo Asian Mining Plc, Condor Gold PLC, Connemara Mining and Papua Mi...Read More
South32's South African coal assets will be spun off within six months, its president and chief operating officer Mike Fraser said.Fraser said that South32, which was spun out from BHP Billiton in 2015, had received a number of offers for the assets which it up for sale in November last year as part of a shift away from coal."After we made the announcement there was significant interest already fr...Read More
Mr. Quinton Hennigh reportsNOVO SECURES TEST PLANT FOR PROCESSING BULK SAMPLES Novo Resources Corp. has entered into a commercial arrangement with SGS Minerals of Perth, Western Australia, to secure access to a test plant for the processing of five-tonne bulk samples from its Karratha gold project. SGS is a leading service provider to the global mining and minerals industry. The company's previous...Read More
Mr. Nav Dhaliwal reportsBONTERRA EXTENDS MULTIPLE ZONES AT GLADIATOR GOLD DEPOSITThe continuing resource development program at Bonterra Resources Inc.'s Gladiator gold deposit has extended the north, footwall and main zones by 200 metres down plunge to the east. High-grade intersections identified in stepout drilling east of the known mineralization demonstrates the potential for further expansio...Read More
955 workers were trapped in a mine shaft by a power cut on WednesdayRead full newsRead More
Swedish equipment and tool manufacturer Sandvik Mining (STO:SAND) is investing 200 million Swedish crowns (about $25 million) in a new titanium and nickel metal powder plant to strengthen its position in the metal 3D printing market.3D printing, also known as additive manufacturing, is a process of making three-dimensional solid objects from a digital file. The technique, already popular in aeros...Read More
The Queen of Sheba was rightRead full newsRead More
* Gecamines wants renegotiations to start in second quarterRead full newsRead More
VANCOUVER, British Columbia, Feb.05, 2018(GLOBE NEWSWIRE) -- First Mining Gold Corp. ("First Mining" or the "Company") (TSX:FF) (OTCQX:FFMGF) (Frankfur...Read full newsRead More
These companies glittered more brightly than their peers.Read full newsRead More
These companies glittered more brightly than their peers.Read full newsRead More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange dropped 8.45 points to 803.23 Monday, comparatively a stellar performance. Jeffrey Sharpe's NEX-shell Movit Media Corp. (MV: $0.15) has a new deal. The company is planning to roll back 1 for 12.5, and then issu...Read More
ASX: WAFwww.westafricanresources.com Mr. Richard Hyde reports:Scarborough, WA / February 6, 2018 / JMN Wire / Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report further high-grade drilling results from its Sanbrado Gold Project, Burkina Faso.HighlightsHigh-grade results from depth at M1 South include;TAN17- DD174A 14m at 39.33 g/t Au from 448.5m incl...Read More
Yesterday was amusing. The meat with mouths on the so-called financial networks were crying, "how could this have happened." Funny thing, that. They don't raise the slightest doubt of conviction when the Dow soars 2,676 points in less than two months - 23,940 on November 29th to 26,616 on January 26th. But when the market takes back that move in 6 trading days it's a problem that Congr...Read More
We have seen the initial stage of a bull market in gold and other hard asset commodities which beginning in 2015 has already carried some small to mid cap gold stocks up 800% and more. But the majority of mining and exploration stocks have languished. Yet at the same time experienced shrewd investors have been accumulating the mining shares. The price weakness has offered patient value oriente...Read More
The Avino Mine property in Durango, Mexico. Source: Avino Silver & Gold Mines Ltd.Avino Silver & Gold Mines Ltd. [ASM-TSX, NYSE AMERICAN] has released results from exploration drilling at its Avino Mine property in Durango, Mexico. The objective of the drill program is to explore three target areas - Chirumbo, Guadelupe, and San Juventino - which are located outside the mining areas, to as...Read More