FAIRBANKS - Joan Skilbred has taught herself to scan for garbage in the background of century-old photographs of Fairbanks.Read full newsRead More
"Initial results from a drill program at Evrim Resources' Cuale project in Mexico have not gone down well, with the company suffering a huge drop in value on the TSX after their release. https://t.co/1nUHpsJu57 #investing #resource #preciousmetals #gold #evrim"Read full newsRead More
"Gold Trends 2018: Gold Price Resilient in Face of Headwinds. Experts say gold could have done much worse in 2018 given the obstacles it faced. Here we recap the major gold trends of the year. https://t.co/OZYqV9npkS #investing #resource #preciousmetals #trends #gold"Read full newsRead More
"ExGen Resources Inc.: Newly Discovered RedStar Zone - Drill Hole Assays Include 35.7 Ounce Per Tonne Silver and 20% Lead Over 1.5m https://t.co/RK44yD8VZE"Read full newsRead More
WOW air is giving away two roundtrip tickets to some European hotspots, including London, Paris, Brussels, Dublin, Iceland, or Berlin.Read full newsRead More
LONDON - Vale, the Brazilian mining giant built on supplying the world's steel mills with iron ore, is now betting on the electric vehicle (EV) revolution to turn its nickel division around."We believe in this revolution to come," Chief Executive Fabio Schvartsman told analysts at the company's investor day presentation in New York this week.The use of nickel in lithium ion batteries will translat...Read More
Located at G??llivare, Sweden, LKAB's Malmberget iron ore mine was facing high maintenance times on its conveyor systems due to wear and tear from material impact on the belt. After installing Metso's impact cradles and belt cleaners, the plant was able to extend belt life as well as significantly cut down on roller change-outs, reduce material spillage and improve safety.The end product for the c...Read More
Maritime Resources (TSXV: MAE) announced it has just started a drill program on the Whisker gold project in Newfoundland and Labrador, Atlantic Canada.In detail, the project is located some 10 kilometres from the Hammerdown gold deposit, which sits within Maritime's 100%-owned Green Bay property and is expected to produce 180,000 ounces of gold over a 5-year life.According to the Vancouver-based c...Read More
Picture this: your circuit is optimized at a certain level and everything is going smoothly. Under your current conditions, you have maximized operations and are producing at optimal levels until circumstances change. Production requirements have increased due to greater market demands or different ore properties are discovered in sections of your mine.Ultimately, when it comes time to ramp up pro...Read More
Seemingly minor details can make a major difference in unplanned costs. Valves are small, yet essential part of mining industry processes, and if problems with the valves should occur, it can lead to unplanned downtime and the equivalent losses in output.The downgrading of valve specifications as a cost-saving measure at the Tarkwa mine, the largest gold producer in Ghana, proved to be counterprod...Read More
A short article looking at the sound reasoning for using advanced slurry valves in a number of industries where targeted efficiencies and productivities require process parameters that may seem totally intolerable for materials and construction - namely nonstop exposure to abrasive and erosive solids that often move at very high velocities.Fully complying with engineering codes, safety standards a...Read More
In the world of modern-day mining, two considerations are always uppermost in company boardrooms. The safety of employees is the greatest priority, while the need to be competitive in increasingly tightening business conditions comes a very close second. Miners analyze every aspect of their operations in the minutest detail in search of the marginal gains necessary to improve efficiencies and boos...Read More
Grupo Mexico Buena Vista del Cobre is constantly seeking opportunities to improve its grinding process. The goal is to reduce downtime by shortening the reline time from seven to four days. Based on the current prices of metal and plant recovery, this would mean a savings of up to US$900,000. To reach the goal, the mine decided to install Megaliner?,,? mill liners from Metso. Read more here.Read More
KHARTOUM - Three miners were killed and 10 were trapped underground when a gold mine they were working at in northern Sudan collapsed, the state's Sudanese Mineral Resources Company (SMRC) said in a statement on Friday.It said three others were injured in the accident, which happened on Thursday night in Qabqaba, a main gold mining area in the Nile River state where both licenced companies and ind...Read More
NEW DELHI - India's environmental court said it will resume hearing Vedanta Ltd's case on Monday to decide whether to re-open the company's copper smelter, which was closed earlier this year after 13 people died when police fired on protesters.Last week, a panel of experts set up by India's National Green Tribunal, informally known as the environmental court, said authorities in Tamil Nadu state h...Read More
There is a bright side to recent market carnage even though it doesn't feel like that right now.But if your investment portfolio has some cash on the sidelines, here lies the opportunity.While putting your money to work in these volatile times of sharp market declines seems to require nerves of steel, take comfort in history. Look back to the 2008 crisis, and zero in on those high-quality stocks t...Read More
Gold futures settled Friday at their highest since July, logging their biggest weekly gain since August following market turmoil that sent stocks reeling and pressured Treasury yields and the U.S. dollar. Gold for February delivery GCG9, +0.84% on Comex rose $9, or 0.7%, to settle at $1,252.60 an ounce. For the week, gold was up 2.2%, which was the biggest such gain since a 2.5% rise in the week...Read More
Here's what economists are saying about the November employment report, which showed 155,000 new jobs created in the month and the unemployment rate flat at 3.7%. Read more about the data from MarketWatch. ?EUR? "The November jobs report was sturdy but uninspiring. Job growth of 155,000 is around 50,000 shy of both the average monthly gain for 2018 and the expected gain for November. But the u...Read More
As gold fails to find much haven support despite a volatile stock market and palladium prices hit record highs, silver prices sit close to their lowest levels in nearly three years, down 15% year to date. Silver hasn't garnered the same attention as its peers in the metals market, but it deserves a second look. "Investors might be too bogged down looking at the macro environment when assessing sil...Read More
I recommended shorting MTN to my Short Seller's Journal subscribers in my December 2nd issue. While I expect MTN to lose at least $200 over time, I did not expect nearly 25% of that price-decline expectation to occur in 5 trading days after I presented the idea.After I sent out my newsletter last Sunday, a subscriber sent me a link to a Motley Fool article titled, "Why You're Smart To Buy Vail R...Read More