Recent News

BlueRock temporarily suspends operations at Kareevlei

January 24, 2019 / www.miningweekly.com

Aim-listed BlueRock Diamonds has temporarily suspended operations at its Kareevlei mine in the Kimberley region of South Africa, owing to the imposition of a Section 54 notice from the Department of Mineral Resources (DMR).The Section 54 notice is in relation to the code of practice relating to the operation of trackless mining machines only and resulted from an accident on Friday involving an ext...Read More

De Beers lowers 2019 output guidance

January 24, 2019 / www.miningweekly.com

Diamond miner De Beers has lowered its production guidance for 2019 to between 31-million and 33-million carats.The company, which on Thursday reported production of 35.3-million carats for the 2018 financial year, attributes the lower production guidance to its existing Venetia openpit, in South Africa, where the Venetia underground mine will become the principal source of ore from 2023.Advertise...Read More

Alrosa aims for 38m ct production in 2019

January 24, 2019 / www.miningweekly.com

Russian diamond miner Alrosa reported 2018 production volumes of 36.7-million carats and sales of 38.1-million carats.Production declined by 7% year-on-year, owing to the shutdown of the Mir underground mine and the completion of openpit mining at the Udachnaya pipe.AdvertisementThe sales volume decreased 8% year-on-year, but sales proceeds increased by 6% year-on-year to $4.5-billion.In the fourt...Read More

Russia's Alrosa, Chinese-owned Anjin to mine Zimbabwe diamonds - report

January 24, 2019 / www.miningweekly.com

HARARE – Russian diamond giant Alrosa and Chinese-owned Anjin are the two foreign companies chosen by Zimbabwe's government to partner the state-diamond firm in exploring and mining diamonds, a state-run newspaper reported on Thursday.The southern African nation announced in December that it would allow two private companies to explore and mine gems and Alrosa said last week it had set u...Read More

Generally weaker this morning, but underlying trends edging higher

January 24, 2019 / www.metalbulletinresearch.com

Three-month base metals prices on the London Metal Exchange were for the most part weaker with prices off by an average of 0.3% this morning, Thursday January 24.Zinc led the way with a 0.8% drop, nickel and lead prices were off by 0.4%, tin was down by 0.2%, while copper and aluminium were little changed, with copper recently quoted at $5,940 per tonne. Volume across the LME base metals comp...Read More

Tech Talk for Thursday January 24th 2019

January 24, 2019 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures slipped 2 points in pre-opening trade. European Central Bank announced that it maintained interest rates at current rates.Index futures moved lower following release of the Weekly Jobless Claims report at 8:30 AM EST. Consensus was an increase to 218,000 from 213,000 last week. Actual was 199,000.Canadian Pacific (CP $261.91 C...Read More

Copper guidance reached for tenth consecutive year

January 24, 2019 / www.mining-journal.com

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25It produced 294,700 tonnes of copper during the year, up 14% year-on-year and at the top end of the 270,000-300,000t forecast.Read More

This Stock Just Beat the S&P by 13%... And it's Still a "Buy"

January 24, 2019 / dailyreckoning.com

Is there a more attractive stock to buy right now than China Mobile (CHL)?If there is I’d love to hear about it... seriously!I first wrote about how attractive I thought shares of China Mobile were at the start of October.Since then, the stock has outperformed the S&P 500 by more than 13 percent.But I still think it is a table-pounding buy!Let me lay out my investment case today for Chin...Read More

Anglo sees improvements across divisions

January 24, 2019 / www.mining-journal.com

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25Anglo achieved a 7% year-on-year increase in total quarterly production on a copper equivalent basis, excluding the effect of the Minas-Rio stoppage.Read More

BC ideally placed for green economy

January 24, 2019 / www.mining-journal.com

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25"BC has the copper advantage," he said.Read More

Execution key as Pumpkin Hollow tracks towards Q4 production

January 24, 2019 / www.mining-journal.com

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25Construction had crossed the 20% mark, he told Mining Journal in Vancouver. "Our 30-strong team is now fully mobilised to either Reno or Yerrington (the host town).Read More

Cobre Las Cruces paused after land slippage

January 24, 2019 / www.mining-journal.com

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25The company said the slippage occurred in the early hours of January 23, on the slope of the northern zone of the openpit mine at the mining hydrometallurgical complex in the Seville province.It said the slippage had not caused harm to any people, nor had an...Read More

Mines students honored for commitment to diversity

January 24, 2019 / www.minesnewsroom.com

Two Mines students were recognized this week for their outstanding commitment to diversity and inclusion on campus. Leah Reeder, a junior majoring in applied mathematics and statistics, and Peter Weddle, a PhD student in mechanical engineering, were both honored with the Martin Luther King Jr. Recognition Award at a luncheon Jan. 22. Recipients of the annual award are nominated by faculty, s...Read More

Camp discusses surge in student demand for computer science courses with The New York Times

January 24, 2019 / www.minesnewsroom.com

Tracy Camp, professor and head of the Computer Science Department at Colorado School of Mines, was recently interviewed by The New York Times about the national surge in student demand for computer science courses and how universities are dealing with the crunch.From the article:Some schools are trying to create more hospitable conditions. Both Harvey Mudd and the University of Washington in Seatt...Read More

Structural modeling, restoration software donated to Mines

January 24, 2019 / www.minesnewsroom.com

Colorado School of Mines geology students and faculty now have access to advanced software for structural modeling and restoration, thanks to an educational license gift from Petroleum Experts Ltd. valued at $2.18 million.Petroleum Experts' MOVE software suite is an essential tool to test and validate structural interpretations of field and subsurface data, said Bruce Trudgill, associate professor...Read More

More M&A to come

January 24, 2019 / www.mining-journal.com

Likely Shadary win in DR Congo threatens further squeeze on miners' profitsSPONSOREDverisk maplecroftAlderan unlocking Frisco potentialSPONSOREDalderan resourcesRhyolite Ridge PFS beats expectationsSPONSOREDioneerElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25The fever started to grip with Barrick Gold's much-praised acquisition of Randgold Resources (read: Mark Bri...Read More

M&A one likely answer to growth concerns

January 24, 2019 / www.mining-journal.com

Lucara sells large diamonds for US$32.5mPrecious stonesLikely Shadary win in DR Congo threatens further squeeze on miners' profitsSPONSOREDverisk maplecroftAlderan unlocking Frisco potentialSPONSOREDalderan resourcesRhyolite Ridge PFS beats expectationsSPONSOREDioneerLast year saw rising US interest rates (both bond yields and the US Fed funds) and a strong US dollar, coupled with escalating t...Read More

Committee misdirecting government efforts

January 24, 2019 / www.mining-journal.com

Likely Shadary win in DR Congo threatens further squeeze on miners' profitsSPONSOREDverisk maplecroftAlderan unlocking Frisco potentialSPONSOREDalderan resourcesRhyolite Ridge PFS beats expectationsSPONSOREDioneerElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25Australia's minister for resources asked a committee of mining industry stakeholders in March 2018 to "ident...Read More

Once "This" Is Done, Gold Will Soar Says Frank Holmes

January 24, 2019 / www.youtube.com

Currency differentials will be the key to rising gold prices, said Frank Holmes, CEO of U.S. Global Investor. "Any type of a drop in a rates, gold in a blink of an eye, is $1,500," Holmes told Kitco News on the sidelines of the Vancouver Resource Investment Conference._________________________________________________________________Kitco News is the world's #1 source of metals market information....Read More

Westhaven South Zone Extension Mystery. John Kaiser - January 24, 2019

January 24, 2019 / www.youtube.com

Was attack on Serengeti warranted?Guest's website:https://secure.kaiserresearch.comProduced by https://www.HoweStreet.comDon't miss out - Stay Informed!Receive the HoweStreet.com Weekly Recap with thought provoking podcasts, radio and articles delivered to your inbox.Sign up for the HoweStreet.com Weekly Recap on the homepage at https://www.HoweStreet.com#Gold #JuniorMiners #DiscoveryWatchRead More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok