Recent News

Lucara Diamond kicks off the year with 127-carat find at Karowe

January 10, 2019 / www.mining.com

Canada's Lucara Diamond (TSX:LUC) has kicked off the new year with yet another massive find at its flagship Karowe diamond mine in Botswana.The 127 carat, top white gem diamond, is one of the of 129 precious stones of over 100 carats the company has recovered at the mine since it began operations in 2012. That tally includes 12 diamonds larger than 300 carats in size, of which five were recovered...Read More

Lucara Diamond kicks off the year with 127-carat find at Karowe

January 10, 2019 / www.mining.com

Canada's Lucara Diamond (TSX:LUC) has kicked off the new year with yet another massive find at its flagship Karowe diamond mine in Botswana.The 127 carat, top white gem diamond, is one of the of 129 precious stones of over 100 carats the company has recovered at the mine since it began operations in 2012. That tally includes 12 diamonds larger than 300 carats in size, of which five were recovered...Read More

MAX Resource to develop large gold project in Colombia

January 10, 2019 / www.mining.com

MAX Resource (TSXV: MXR) announced this week that it was able to secure 100% of the 89 mineral applications it is aspiring to develop in western Colombia.The applications cover a total area of 1,757 square kilometres and are located within the Choc?? department, approximately 100 kilometres southwest of the city of Medell?-n. Of the 89 claims, 63 occupy 1,270 square kilometres, and are collectivel...Read More

MAX Resource to develop large gold project in Colombia

January 10, 2019 / www.mining.com

MAX Resource (TSXV: MXR) announced this week that it was able to secure 100% of the 89 mineral applications it is aspiring to develop in western Colombia.The applications cover a total area of 1,757 square kilometres and are located within the Choc?? department, approximately 100 kilometres southwest of the city of Medell?-n. Of the 89 claims, 63 occupy 1,270 square kilometres, and are collectivel...Read More

Pretium Resources gold output at Brucejack falls short of estimates

January 10, 2019 / www.mining.com

Canadian gold producer Pretium Resources (TSX, NYSE: PVG) said output at its Brucejack underground mine in British Columbia fell just shy of fourth quarter and full-year production guidance.In the last three months of 2018, the Vancouver miner generated 96,342 ounces of gold, resulting in the mine producing nearly 189,000 ounces of the precious metal for the second half of the year, or 95% of Pre...Read More

Pretium Resources gold output at Brucejack falls short of estimates

January 10, 2019 / www.mining.com

Canadian gold producer Pretium Resources (TSX, NYSE: PVG) said output at its Brucejack underground mine in British Columbia fell just shy of fourth quarter and full-year production guidance.In the last three months of 2018, the Vancouver miner generated 96,342 ounces of gold, resulting in the mine producing nearly 189,000 ounces of the precious metal for the second half of the year, or 95% of Pre...Read More

Pretium Resources gold output at Brucejack falls short of estimates

January 10, 2019 / www.mining.com

Canadian gold producer Pretium Resources (TSX, NYSE: PVG) said output at its Brucejack underground mine in British Columbia fell just shy of fourth quarter and full-year production guidance.In the last three months of 2018, the Vancouver miner generated 96,342 ounces of gold, resulting in the mine producing nearly 189,000 ounces of the precious metal for the second half of the year, or 95% of Pre...Read More

METALS-Copper slips as U.S.-China trade optimism fades, tin touches 6-month peak

January 10, 2019 / www.kitco.com

* China-U.S. trade talks 'made progress', but details sparse * Dollar index near three-month low * China Nov factory inflation at more than 2-yr low * Tin prices top $20,000/T for first time since June(Adds closing prices)By Maytaal AngelLONDON, Jan 10 (Reuters) - Copper slipped on Thursday asoptimism over U.S.-China trade talks faded and poor China dataweighed, though a weaker dollar and still ti...Read More

PRECIOUS-Gold flat as firmer dollar offsets growth concerns

January 10, 2019 / www.kitco.com

(Updates prices) * SPDR Gold Trust holdings highest since July * Investors await further news on Sino-U.S. trade talks * Palladium off record high hit in prior sessionBy Arijit BoseBENGALURU, Jan 10 (Reuters) - Gold steadied near a more thansix-month peak on Thursday as the dollar's slight recoveryoffset concerns about economic growth after U.S.-China talksfailed to provide clarity on efforts to e...Read More

Ascot Resources enters agreement to acquire IDM Mining

January 10, 2019 / www.mining.com

Ascot Resources (CVE: AOT) announced this week that it has entered into a definitive arrangement to acquire all of the issued and outstanding common shares of IDM Mining.In a press release, the Vancouver-based miner said that the goal behind the proposed acquisition is to create a prominent BC gold exploration/development company. The pro forma company would own two advance-stage high-grade gold...Read More

Ascot Resources enters agreement to acquire IDM Mining

January 10, 2019 / www.mining.com

Ascot Resources (CVE: AOT) announced this week that it has entered into a definitive arrangement to acquire all of the issued and outstanding common shares of IDM Mining.In a press release, the Vancouver-based miner said that the goal behind the proposed acquisition is to create a prominent BC gold exploration/development company. The pro forma company would own two advance-stage high-grade gold...Read More

Sibanye-Stillwater expects gold output to miss forecast amid wage strike

January 10, 2019 / www.mining.com

Sibanye-Stillwater said on Thursday its bullion output in 2018 would be lower than forecast after almost half of the employees downed tools since mid-November in a wage strike that has killed four employees at its South African gold operations.The miner said it expected 2018 production to come in at 1.1 million ounces compared with a guidance of between 1.13 million ounces and 1.16 million ounces,...Read More

Sibanye-Stillwater expects gold output to miss forecast amid wage strike

January 10, 2019 / www.mining.com

Sibanye-Stillwater said on Thursday its bullion output in 2018 would be lower than forecast after almost half of the employees downed tools since mid-November in a wage strike that has killed four employees at its South African gold operations.The miner said it expected 2018 production to come in at 1.1 million ounces compared with a guidance of between 1.13 million ounces and 1.16 million ounces,...Read More

UPDATE 2-UK shares recover as investors look past hazy trade talk outcome

January 10, 2019 / www.kitco.com

* FTSE 100 up 0.5 pct * FTSE 250 up 0.1 pct * Tesco rises after jolly Christmas * Halfords sinks after update * Banks and oil majors lift the main index(Changes analyst comment, updates moves)By Muvija M and Shashwat AwasthiJan 10 (Reuters) - British shares turned around on Thursdayto end the session at their highest in over a month as investorsshrugged off a lack of detail from Sino-U.S. trade ta...Read More

Muir concerned First Nations being exploited by professional pipeline protestors

January 10, 2019 / www.canadianinsider.com

In his latest interview with Jim Goddard, Stewart Muir of ResourceWorks.com worries that the anti-Coastal GasLink pipeline protest in Northern B.C. that has included a blockade has little to do with indigenous rights and more to do with groups that do not want Canada to develop its hydrocarbon assets.It doesn't have the feel of an authentic grass roots thing where there really is an issue here. T...Read More

Acacia Mining fined over alleged environmental breach in Tanzania

January 10, 2019 / www.mining.com

Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country's administration, received a fresh blow on Thursday from the country's government, which fined the miner 300 million Tanzanian shillings (about $129,144) over allegations of breaching environmental rules by its North Mara operation.The company noted it has not yet received any supporting reports...Read More

Acacia Mining fined over alleged environmental breach in Tanzania

January 10, 2019 / www.mining.com

Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country's administration, received a fresh blow on Thursday from the country's government, which fined the miner 300 million Tanzanian shillings (about $129,144) over allegations of breaching environmental rules by its North Mara operation.The company noted it has not yet received any supporting reports...Read More

Acacia Mining fined over alleged environmental breach in Tanzania

January 10, 2019 / www.mining.com

Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country's administration, received a fresh blow on Thursday from the country's government, which fined the miner 300 million Tanzanian shillings (about $129,144) over allegations of breaching environmental rules by its North Mara operation.The company noted it has not yet received any supporting reports...Read More

Ascot Resources to Acquire IDM Mining to Create a Leading Gold Development and Exploration Company

January 10, 2019 / dlvr.it

VANCOUVER, Jan. 7, 2019 /PRNewswire/ - IDM Mining Ltd. (IDM.V) (IDMMF)(Read full newsRead More

Stocks Pare Gains Following Release of Latest Fed Meeting Minutes - TheStreet

January 10, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average traded higher on Wednesday following three straight days of gains for the blue-chip index.Apple Inc. (AAPL) rose 1.7% after CEO Tim Cook insisted the iPhone XR remained its most popular product even as reports suggested the tech giant will slash production for new models this quarter amid slowing demand.Le...Read More

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