Recent News

Ranger uranium mine closure to cost over $200m more than expected

January 11, 2019 / www.mining.com

Energy Resources of Australia (ERA) is reviewing "all funding options" to pay for the full closure and rehabilitating of its Ranger uranium mine, after studies showed the cost would be almost A$300 million (about $213m) higher than previous estimates.Delivering is fourth quarter results, the company said the rise in costs was largely due to expenditures associated with additional water treatment,...Read More

Ranger uranium mine closure to cost over $200m more than expected

January 11, 2019 / www.mining.com

Energy Resources of Australia (ERA) is reviewing "all funding options" to pay for the full closure and rehabilitating of its Ranger uranium mine, after studies showed the cost would be almost A$300 million (about $213m) higher than previous estimates.Delivering is fourth quarter results, the company said the rise in costs was largely due to expenditures associated with additional water treatment,...Read More

Dow Futures Down After Inflation Data

January 11, 2019 / www.schaeffersresearch.com

Stocks will try to overcome pre-market losses for a second straight dayDow Jones Industrial Average (DJI) futures are trading below fair value, with stocks set to snap a five-day winning streak. Investors this morning are digesting the latest inflation data, with the consumer price index (CPI) for December matching expectations, dipping 0.1% for the month. But even if the pre-market losses hold, a...Read More

Bankrupt, Eh? #Insolvency Filings Soar In Almost All Canadian Provinces | Zero Hedge

January 11, 2019 / www.zerohedge.com

"We're seeing a bump [in filings], and in some provinces that bump is significant..." Read full newsRead More

Endeavour Mining increases stake in Ity gold mine to 85%

January 11, 2019 / www.mining.com

Canada's Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has increased its stake in its Ity gold mine in Ivory Coast to 85% from 80% by buying shares in the operation from a local company owned by former soccer star.DYD International Holdings was founded by Didier Drogba, an ex Chelsea Football Club striker who also represented Ivory Coast's national team, received about one million shares in Endeavour...Read More

Endeavour Mining increases stake in Ity gold mine to 85%

January 11, 2019 / www.mining.com

Canada's Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has increased its stake in its Ity gold mine in Ivory Coast to 85% from 80% by buying shares in the operation from a local company owned by former soccer star.DYD International Holdings was founded by Didier Drogba, an ex Chelsea Football Club striker who also represented Ivory Coast's national team, received about one million shares in Endeavour...Read More

Endeavour Mining increases stake in Ity gold mine to 85%

January 11, 2019 / www.mining.com

Canada's Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has increased its stake in its Ity gold mine in Ivory Coast to 85% from 80% by buying shares in the operation from a local company owned by former soccer star.DYD International Holdings was founded by Didier Drogba, an ex Chelsea Football Club striker who also represented Ivory Coast's national team, received about one million shares in Endeavour...Read More

Orestone Mining expands Captain project

January 11, 2019 / www.mining.com

Orestone Mining (TSXV: ORS) is staking an additional Cu-Au porphyry target at its Captain property in north-central British Columbia, Canada.In a press release, the company revealed that the new Cu-Au porphyry target, called Max, is located 7 kilometres northwest of its main East Admiral Au-Cu porphyry target."The Max Extension claims cover 2,834 hectares and cover a phyllic altered felsic intrusi...Read More

Gold edges higher, inching back closer to multi-month tops

January 11, 2019 / www.fxstreet.com

   •  Dovish Fed expectations keep the USD bulls on the defensive and helped regain traction.   •  Bulls seemed rather unaffected by fresh US-China trade optimism/risk-on mood.   •  Market participants now eye US consumer inflation figures for some fresh impetus. Gold regained positive traction on the last trading day of the week and has...Read More

Orestone Mining expands Captain project

January 11, 2019 / www.mining.com

Orestone Mining (TSXV: ORS) is staking an additional Cu-Au porphyry target at its Captain property in north-central British Columbia, Canada.In a press release, the company revealed that the new Cu-Au porphyry target, called Max, is located 7 kilometres northwest of its main East Admiral Au-Cu porphyry target."The Max Extension claims cover 2,834 hectares and cover a phyllic altered felsic intrusi...Read More

Orestone Mining expands Captain project

January 11, 2019 / www.mining.com

Orestone Mining (TSXV: ORS) is staking an additional Cu-Au porphyry target at its Captain property in north-central British Columbia, Canada.In a press release, the company revealed that the new Cu-Au porphyry target, called Max, is located 7 kilometres northwest of its main East Admiral Au-Cu porphyry target."The Max Extension claims cover 2,834 hectares and cover a phyllic altered felsic intrusi...Read More

First Vanadium confirms high grades at Nevada project

January 11, 2019 / www.mining.com

First Vanadium (TSXV: FVAN) reported this week positive results from 17 confirmation drill holes within and along a 1,220 metres corridor of mineralization at its Carlin vanadium project.The project is located 6 miles south of Carlin city and consists of 72 unpatented mining claims covering 1,140 acres. It was explored and drilled by Union Carbide Corporation in the late 1960s and such exploration...Read More

METALS-Base metals rise on trade detente hopes as U.S.-China talks loom

January 11, 2019 / www.kitco.com

* Copper on track for biggest weekly jump since Nov. * Dollar claws back earlier losses but metals hold up * Zinc backwardation eases (Adds closing prices, updates dollar, headline)By Zandi ShabalalaLONDON, Jan 11 (Reuters) - Copper prices rose on Friday onhopes for a thaw in a trade dispute between Washington andBeijing, as the two sides prepared for more talks to resolvetheir issues.U.S. officia...Read More

RT @LawrenceLepard: This is sick

January 11, 2019 / twitter.com

"Slickest Annual Wealth-Transfer from Taxpayers to Banks via the Fed: Fed Paid Banks $38.5 Billion in Interest on "Reserves" in 2018. Normally this would be ironic: The Fed doesn't need to borrow and so wouldn't pay interest. But these are not normal timeshttps://t.co/tD0p8SCyMa"Read full newsRead More

Tiffany joins top diamond miners in disclosing origins of gemstones

January 11, 2019 / www.mining.com

World famous jeweller Tiffany & Company has launched an initiative to provide greater transparency about the origins of its diamonds to customers, from miners to retailers.Following in the footsteps of the world's No. 1 diamond miner, De Beers, which is testing a blockchain technology-based platform aimed at clearing the supply chain of imposters and conflict diamonds, Tiffany has begun tracing ea...Read More

Tiffany joins top diamond miners in disclosing origins of gemstones

January 11, 2019 / www.mining.com

World famous jeweller Tiffany & Company has launched an initiative to provide greater transparency about the origins of its diamonds to customers, from miners to retailers.Following in the footsteps of the world's No. 1 diamond miner, De Beers, which is testing a blockchain technology-based platform aimed at clearing the supply chain of imposters and conflict diamonds, Tiffany has begun tracing ea...Read More

Gold gains as stocks slip; en route to 4th weekly gain

January 11, 2019 / www.cnbc.com

Published 23 Hours AgoUpdated5 Hours AgoReuters Getty ImagesGold edged higher on Friday and was on track for its fourth successive weekly gain, as U.S. stocks slipped and expectations rose that the U.S. Federal Reserve might halt its monetary policy tightening cycle.Spot gold was up 0.1 percent at $1,287.76 an ounce by 2:50 p.m. ET. U.S. gold futures settled $2.10 higher at $1,289.50 per ounce. "...Read More

Would you pay $75,000 for your very own gold mine? Remote New Zealand hut with access to one of the richest rivers...

January 11, 2019 / twitter.com

"Would you pay $75,000 for your very own gold mine? Remote New Zealand hut with access to one of the richest rivers in the WORLD hits the market - and the payoff could be huge https://t.co/YR8PqojUq9"Read full newsRead More

Maya Gold & Silver has declared commercial production at its Zgounder silver mine in what the company calls a "majo...

January 11, 2019 / twitter.com

"Maya Gold & Silver has declared commercial production at its Zgounder silver mine in what the company calls a "major milestone." https://t.co/x8bcTg9aQi #MayaGoldSilver #gold #mining #investing #INN"Read full newsRead More

Dacian Gold (ASX:DCN) announced Wednesday that commercial production has begun at its Mount Morgans gold operation...

January 11, 2019 / twitter.com

"Dacian Gold (ASX:DCN) announced Wednesday that commercial production has begun at its Mount Morgans gold operation in Western Australia. https://t.co/Z8KNWU7Zss #daciangold #mining #gold #INN"Read full newsRead More

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