"Wallbridge Intersects 37.91 g/t Gold Over 5.26 Metres and 21.00 g/t Gold Over 4.56 Metres @WMmining https://t.co/4VVxyd909h"Read full newsRead More
Little has been done to reverse the damage of gold mining and villagers have little recourse, say expertsRead full newsRead More
With gold expected to continue the trend we have seen over the last six months, investors will continue to soften their holdings in publicly traded gold mining companies.One of the miners I would suggest selling is Acacia Mining PLC (ACA.L), the African subsidiary of Barrick Gold Corp. (ABX).WarningRead full newsRead More
With construction 40% completed, this gold explorer/developer is well on the way to getting the Yukon's next gold mine up and running.Read full newsRead More
With construction 40% completed, this gold explorer/developer is well on the way to getting the Yukon's next gold mine up and running.Read full newsRead More
Canada's IAMGOLD Corp. (TSX IMG), (NYSE: IAG) plans to apply for a mining concession before year-end after releasing a robust feasibility study for its near-2 million ounce Boto gold exploration project in Senegal.President and CEO Steve Letwin said while a final investment decision on the $254-million project was yet to be made, Boto represented a "high-value" one, which would add to the company'...Read More
Rolling Meadows, Ill., - October 23, 2018 - Komatsu America Corp., a leading global heavy equipment manufacturer, today announced plans to partner with the Chicago Blackhawks for the 2018-2019 season."Earlier in the year, Komatsu announced plans to move into the City of Chicago in 2020. As part of a broader goal to invest more in local communities where we live and do business, we thought this wou...Read More
Dyson Ltd., famous for making vacuum cleaners, picked Singapore to manufacture its first electric car, pushing ahead with plans to challenge Tesla Inc. in the hottest sector of the automotive market.The closely held British manufacturer, also known for hand dryers and air purifiers, said Tuesday it will complete the factory by 2020 and stuck to a goal of rolling out its first model by 2021 as part...Read More
In February, B2Gold Corp. (TSX: BTO; NYSE: BTG) announced an initial open-pit inferred resource for the newly discovered El Limon Central zone at its El Limon mine in Nicaragua.This week the gold producer announced the results of an expansion study that evaluated the life-of-mine options for combining El Limon's remaining underground inferred resource (17 million ounces of gold) with the new infe...Read More
Drilling at Nighthawk Gold's (TSX: NHK; US-OTC: MIMZF) Treasure Island project, about 11 km to the north of its Colomac project in the Northwest Territories, has served up significant, shallow high-grade mineralization.The company was following up on several shallow high-grade gold intersections it had reported in 2011, and in the process has found new near-surface discoveries including a number...Read More
South Korea's top steelmaker POSCO posted its highest quarterly profit since 2011 and said it expected sales revenue for all of 2018 to be lifted by higher steel prices.The world's fifth-largest steelmaker raised its revenue outlook for the full-year to 64.8 trillion won ($57.0 billion) from its previous forecast of 64.1 trillion won in July, POSCO said in its filing on Tuesday.POSCO's revenue in...Read More
Swedish engineering firm Sandvik reported quarterly core earnings marginally ahead of market expectations on Tuesday and said order intake had improved significantly across all business areas.Third-quarter adjusted operating earnings at the maker of metal-cutting tools and mining gear rose to 4.59 billion Swedish crowns ($510 million) from 3.34 billion crowns a year ago, beating a 4.52 billion cro...Read More
The Cerro Matoso nickel mine, owned by Australian miner South32, owes more than $56 million in unpaid royalties to Colombia, the country's comptroller said on Tuesday.The company, which produced 40,600 tonnes of ferronickel in 2017, applied incorrect discounts to its royalty payments over several multi-year periods, the comptroller said in a statement."The mining company Cerro Matoso S.A. owes the...Read More
Two years after commercial production began in October 2016, Newmont Mining's (NYSE: NEM) Merian mine in Suriname has poured one million ounces of gold.Newmont Suriname - a subsidiary of the Colorado-based company - owns 75% of the mine and Suriname's state-owned oil company, Staatsolie Maatschappij Suriname, owns the remaining 25% stake.Construction of the mine, about 60 km south of Moengo and 1...Read More
After the tragic late-September 2018 attack at Continental Gold's (TSX:CNL) Berlin project in northwestern Colombia, where three employees were murdered, its stock was pummeled by the market to see it down by 32% for the year to date. Even gold's recent rally, which saw it climb to over US$1,220 an ounce, has failed to breathe life into the junior gold miner's share. While the incident has justifi...Read More
England's historic South Crofty tin mine could soon be back in production.Vancouver-based Strongbow Exploration (TSX-V : SBW) owns South Crofty, the iconic former-producing copper and tin mine in Cornwall. The company plans to bring the mine back into production following a proposed dual listing on London's AIM market.London-based law firm Fieldfisher has advised Strongbow on successfully closing...Read More
Mr. Paul Reynolds reportsTRIUMPH GOLD ANNOUNCES RESULTS FROM EXPLORATION DRILLING IN THE GRANGER AND GUDER ZONESTriumph Gold Corp. has released the results of exploration drilling in the Granger and Guder zones on its 100-per-cent-owned, road-accessible Freegold Mountain property in Yukon. The Granger and Guder zonesare located in the central portion of a six-kilometre-long multielement soil anoma...Read More
The copper price was holding steady at $2.75 a pound ($6,060 a tonne) on Wednesday, trading 7% above its summer lows.That did not stop investors punishing the sector, however, with top listed copper miner Freeport McMoran dropping nearly 8% to a new 52-week low. Major producers Southern Copper Copper, First Quantum and KGHM also fell to the lowest in a year.Copper is down 16.7% so far this year...Read More
RNC Minerals (TSX: RNX) announced a record quarterly gold production of 31,360 mined gold ounces in the third quarter of 2018.According to the Toronto-based company, such production represents a 199% increase when compared to the third quarter of 2017 and a 135% increase when compared to the second quarter of 2018.The Toronto-based miner also reported that gold production for the first nine months...Read More
The stock market fell sharply again on Thursday, unable to mount a sustainable rally when a combination of bearish news fell upon the market. Friday trading couldn't make up for the downward trend.The Federal Reserve's FOMC minutes were released, which left no doubt that the Fed is preparing for another rate hike and that it won't be swayed by criticism from President Trump, who has said the Fed i...Read More