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Gold Resource Corporation Declares March Monthly Dividend @resource_gold

March 27, 2019 / bit.ly

Gold Resource Corporation (NYSE American:GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for March 2019 payable on April 23, 2019 to shareholders of record as of April 11, 2019. Read full newsRead More

Gold Resource Corporation Eyes Isabella Pearl Open Pit Expansion and Additional Pit Discovery at Scarlet and Civit...

March 26, 2019 / twitter.com

"Gold Resource Corporation Eyes Isabella Pearl Open Pit Expansion and Additional Pit Discovery at Scarlet and Civit Cat North West Targets @resource_gold https://t.co/QZsDbvyV8r"Read full newsRead More

Mitsubishi completes sale of interest in Gregory Crinum coking coal mine in Australia

March 27, 2019 / www.mining.com

Mitsubishi Corporation announced on May 30, 2018 that it had reached an agreement for the sale of its 50% ownership interest in BMA's Gregory Crinum (GC) coking coal mine in Australia, which is currently under care and maintenance, held by wholly owned subsidiary Mitsubishi Development Pty. Ltd., to Sojitz Corporation. The sale was successfully completed on March 27, 2019.BHP, the holder of the re...Read More

Anglo Pacific looks to growth in vanadium, lithium, potash, uranium

March 27, 2019 / reut.rs

Anglo Pacific Group is looking to expand in battery metals such as vanadium and ...Read full newsRead More

Last kimberlite trucked to plant at De Beers Victor mine

March 27, 2019 / www.mining.com

The last truckload of kimberlite from Ontario's first and only diamond mine has left the pit. De Beers Canada said mining ceased at Victor mine on March 5 - 11 years to the day after the official opening in 2008.The honour of driving the last truck went to Nancy Wesley, of Kashechewan First Nation. She worked at Victor for 11 years, as a haul truck driver, dozer operator and production drill opera...Read More

ENRC sues U.K. fraud cops as corruption charges loom

March 27, 2019 / www.mining.com

A Kazakh mining company sued the U.K.'s anti-fraud authority for $93 million - the amount it has racked up in legal costs - as the agency moves closer to a decision on whether to charge one of its billionaire owners.Eurasian Natural Resources Corp. claims the SFO colluded with the company's own lawyer to manufacture grounds for a probe, forcing the company to pay millions on legal fees for interna...Read More

First Mining improves indicated resource at Goldlund

March 27, 2019 / www.mining.com

First Mining Gold (TSX: FF) has updated the resource estimate at its Goldlund gold project in northwestern Ontario. The company added 248,700 oz. gold to its indicated resource but lost 628,400 oz. gold from its inferred resource.The project now contains 12.8 million indicated tonnes grading 1.96 grams gold for 809,200 oz. gold. It previously contained 9.3 million indicated tonnes at 1.87 grams go...Read More

Galaxy Resources, Cree Nation sign pre-development deal

March 27, 2019 / www.mining.com

Australian miner Galaxy Resources and the Cree Nation of Eastmain have entered into a pre-development agreement for the James Bay lithium mine, 100 km east of the community of Eastmain, Quebec.The PDA commits the company to notify the Cree of employment and training opportunities. It also specifies that the company practice preferential hiring of qualified Cree individuals and seek business propos...Read More

Bell tolls for gold mine that once powered South African economy

March 27, 2019 / www.mining.com

The final demise of South Africa's gold industry came a step nearer on Wednesday with the announcement that Sibanye Gold Ltd. won't extend the life of Driefontein, once the biggest mine on the continent.Last year the mine, more than 2 miles (3,200 meters) deep, produced about 300,000 ounces of gold, just a fifth of its peak output two decades ago. Now Sibanye will wind down Driefontein's operation...Read More

Newmont readies leadership team post-merger with Goldcorp

March 27, 2019 / www.mining.com

US gold giant Newmont Mining (NYSE:NEM) has put together an executive leadership team that will come into effect once its acquisition of Canada's Goldcorp (TSX:G) (NYSE:GG) is completed, which is expected to happen in the second quarter.Newmont says the team will include some of the industry's top talent and most experienced mining executives known for superior operational execution, consistent pr...Read More

Golden Predator consolidates holdings in 3 Aces district

March 27, 2019 / www.mining.com

Vancouver-based Golden Predator has agreed to purchase 100% of the Reef gold property from Precipitate Gold. The Reef property is 200 km north of Watson Lake, adjacent to Golden Predator's 3 Aces gold project. The purchase of the Reef property consolidates Golden Predator's holdings in the district.The original option agreement signed in February 2017 has been amended, saving Golden Predator $450,...Read More

Iamgold reports new discovery at C??t?(C) project

March 27, 2019 / www.mining.com

Toronto-based Iamgold Corp. (70% owner) and Sumitomo Metal Mining Co. (30% owner) of Japan have announced the discovery of a new gold zone at their C??t?(C) project 125 km southwest of Timmins, Ontario. The new zone of intrusive-hosted mineralization has been named the Gosselin zone.Drill cores from the new zone yielded the following assays:Hole CL15-39EXT: 0.81 g/t gold over 350.0 metres, includi...Read More

Jiangxi Copper 2018 profit rises 52.4% on hedging gain

March 27, 2019 / www.mining.com

Jiangxi Copper Co., one of China's top producers, said on Wednesday 2018 net profit rose 52.4 percent year on year as a hedging gain boosted its bottom line in a poor year for the metal used in manufacturing and construction.The Nanchang-based company, which in January flagged an expected increase in annual profit of around 50 percent, posted net income of 2.45 billion yuan for last year, up from...Read More

Rubicon boosts measured and indicated resources at Phoenix by 110%

March 27, 2019 / www.mining.com

After a 20,000-metre drill program last year at its Phoenix project in Red Lake, Rubicon Minerals (TSX: RMX) has increased measured and indicated resources by 110% to 589,000 oz. gold compared with the earlier estimate of 281,000 oz. gold, while gold grades fell 2% to 6.26 grams gold per tonne from 6.37 grams gold.Inferred resources fell 28% to 540,000 oz. gold compared to the previous estimate of...Read More

Margaux executes definitive agreement to acquire Cassiar gold project in BC

March 27, 2019 / www.mining.com

Margaux Resources (TSXV: MRL) executed a definitive agreement this week with Wildsky Resources (TSXV: WSK) that refers to an option to acquire a 100% interest in the Cassiar gold project in northern British Columbia.The property, including all existing infrastructure such as a 270 tonne per day flotation and gravity mill and a tailings storage facility, is held by Cassiar Gold, a wholly-owned subs...Read More

Extension of environmental certificate approved for Canada's largest undeveloped gold project

March 27, 2019 / www.mining.com

The western Canadian Province of British Columbia approved a 5-year extension of Seabridge Gold's (TSX: SEA) (NYSE: SA) Environmental Assessment certificate for the KSM project, which has been described as one of the largest undeveloped gold projects in the world, measured by reserves.Located in north-western British Columbia, KSM has proven and probable reserves of 38.2 million ounces of gold a...Read More

South Africa's Sibanye-Stillwater will consider changing primary listing

March 27, 2019 / www.mining.com

South Africa's Sibanye-Stillwater will explore changing its primary listing in a bid to access more capital as it explores growth opportunities outside its home market, chief executive Neal Froneman said on Wednesday.The precious metals producer, which has both gold and platinum mines in South Africa and platinum group metals (PGM) operations in the United States, said it was looking into opportun...Read More

Gold: Good News But Where's The Demand?

March 28, 2019 / www.miningfeeds.com

 Please click here now. Double-click to enlarge this long-term gold chart. Fundamental and technical analysis are both strongly supporting gold's rally towards the key $1400 area.Having said that, COMEX price action mainly reflects action in the physical market and this is the weak season for gold.Investors need patience. News in the West that "should" push gold $100/ounce higher is in play...Read More

Why Is This $15 Billion Precious Metals Stock Up 60%?

March 28, 2019 / www.fool.ca

Wheaton Precious Metals Corp (TSX:WPM) shares have been on a tear. Since November, the company’s stock has been on a consistent incline, climbing from roughly $20 per share to more than $33.This impressive streak comes at a time when other resource stocks are stuck near all-time lows. Why is Wheaton Precious Metals stock breaking out?Wheaton has a clever business modelAs a metals streaming...Read More

Now Is the Time to Buy Osisko Gold Royalties Ltd. (TSX:OR)

March 28, 2019 / www.fool.ca

Growing concern of a looming U.S. recession, weaker economic growth in China and a declining outlook for the European Union have all worked to bolster gold in recent months, seeing it rally to over US$1,343 an ounce before pulling back to just under US$1,295 per ounce. This has been a boon for gold miners, causing the VanEck Vectors Gold Miners ETF to gain 8% since the start of 2019.Combined with...Read More

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