An alarm warning of an imminent mining dam rupture was issued on Sunday morning near Brumadinho, the same Brazilian community where the collapse of a dam at Vale's (NYSE:VALE) C??rrego do Feij??o mining complex on Friday killed at least 58, while more than 400 are still missing.The alert of "dangerously high water levels" at another dam that is part of the same mining complex in south-east B...Read More
As early as next week, iron ore prices may start to reflect the impacts of Vale's dam bursting at Corrego de Feijao in Brumadinho, Minas Gerais, according to an analysis by S&P Global Platts.The effect on supply will be felt in the markets at the end of Q1, when other participants had expected an increase in demand from the Chinese plants that will soon be restocking and increasing their capacity...Read More
A tailings dam at a Brazilian iron ore operation owned by local mining giant Vale (NYSE:VALE) burst Friday, releasing a river of sludge that covered nearby buildings and forced the evacuation of hundreds of locals.By Saturday morning, 34 bodies had been recovered, and the death toll was expected to rise sharply as rescuers continued searching for hundreds that are still missing.Vale reported the d...Read More
Fremont Gold Ltd. (TSXV:FRE) (FSE: FR2) (OTC Pink: USTDF) (Read full newsRead More
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"VIDEO - Founder of JuniorMinerJunky David Erfle: Gold Sentiment "Cautiously Optimistic" in 2019 https://t.co/MaVeZQqyb2 #DavidErfle #JuniorMinerJunky #gold #investing #INN"Read full newsRead More
"VIDEO - Frank Holmes, CEO and chief investment officer of US Global Investors: Gold Stocks are Where You Want to Be in 2019 https://t.co/qhUHJUgHhW @USFunds #FrankHolmes #gold #investing #INN"Read full newsRead More
Nevada Sunrise Gold Corporation (TSXV:NEV) (Read full newsRead More
Sirios to host a corporate update webinar on February 5th at 11am ETRead full newsRead More
Searchlight Resources Inc. (TSXV:SRCH) (Read full newsRead More
Deer Horn Capital Inc. (CSE:DHC, OTCBB: GODYF) (the "Company" or "Deer Horn"), reports that the market for thin film solar panels is expected to grow from a current value of US$8 billion to over US$30 billion by 2024, according to a research study by Global Market Insights Inc.Read full newsRead More
Great Panther Silver Limited (TSX:GPR; NYSE American:GPL) (Read full newsRead More
Renforth Resources Inc. (CSE: RFR) (Read full newsRead More
The South African government will soon debate whether to split up state power firm Eskom to make it financially viable, Public Enterprises Minister Pravin Gordhan said on Tuesday.Eskom is vital to the health of Africa's most industrialised economy as it supplies more than 90 percent of its power, but it is drowning in debt after a decade of steep financial decline."Should Eskom be unbundled into g...Read More
Precious gemstones miner Gemfields has chosen to pay ?5.8 million (about $7.8m) to community members residing near its Montepuez ruby mine in Mozambique, in a "no admission of liability" move that settles a claim of human rights abuses brought against it by locals.Leigh Day, the London-based law firm representing a group of 273 Mozambicans, argued last year that security forces employed by the...Read More
Great Panther Silver (TSX: GPR; NYSE American: GPL) has increased the measured and indicated resource at its Topia silver-gold-lead-zinc mine in Mexico's Durango state to nearly 15 million silver-equivalent ounces.Despite mine depletion since the last resource estimate was completed four years ago, Great Panther Silver has boosted Topia's measured and indicated resource by 28% to 475,900 tonnes g...Read More
The number of miners missing after an earth tremor struck KGHM Polska Miedz's mine near the Polish town of Rudna, 70 miles east of the German border, fell to one from nine, the copper producer said on Twitter on Tuesday.Earlier KGHM spokesperson Anna Osadczuk told Reuters the miners were missing after the tremor hit the mine early this afternoon 770 metres below the earth's surface.Eleven teams to...Read More
Canada's M2 Cobalt Corporation said on Tuesday that its initial drilling indicates that there may be more cobalt in Uganda than previously thought."We are excited so far that in this short time we got really promising results in three target areas," Jennifer Hinton, the firm's director for East Africa operations, told Reuters.Any discoveries would add much-needed diversity in the supply of cobalt,...Read More
Australia's Newcrest Mining on Wednesday reported a near 7 percent rise in its second quarter gold output, driven by increased production across all its operations, led by its flagship Cadia mine. Total gold production for the country's largest independent gold miner for the three months to Dec. 31 came in at 654,849 ounces compared with 612,695 ounces a year ago, a 19 percent increase from the pr...Read More
Nucor Corp handily beat fourth-quarter profit estimates, boosted by hefty tariffs on imported steel, and the company forecast first-quarter 2019 earnings to be stronger despite a fall in sheet prices and margins.Shares of the No.1 U.S. steel producer rose about 3 percent to $60.1 in morning trading on Tuesday, adding to the 14 percent gain so far this year. We posted record earnings per share and...Read More