Mr. Michael Allen reportsNORTHERN EMPIRE DRILLS 123.93 METERS OF 1.41 G/T GOLD AT THE DAISY DEPOSIT, STERLING GOLD PROJECT, NYE COUNTY, NEVADANorthern Empire Resources Corp. has released drill results from the company's 100-per-cent-owned Sterling gold project located in Nye county, Nevada.STERLING DRILL RESULTSHole IDFrom (m) To (m)Length (m)Au (g/t)D18-003C 67.88 191.81123.931.41Including 134.97...Read More
Mr. Michael Allen reportsNORTHERN EMPIRE DRILLS 123.93 METERS OF 1.41 G/T GOLD AT THE DAISY DEPOSIT, STERLING GOLD PROJECT, NYE COUNTY, NEVADANorthern Empire Resources Corp. has released drill results from the company's 100-per-cent-owned Sterling gold project located in Nye county, Nevada.STERLING DRILL RESULTSHole IDFrom (m) To (m)Length (m)Au (g/t)D18-003C 67.88 191.81123.931.41Including 134.97...Read More
Norsk Hydro has offered Rio Tinto (ASX, LON:RIO) $345 million for the mining giant's aluminum plant in Iceland, as part of the Norwegian firm's efforts to ensure its output is as green as possible and also to strengthen its position in Europe.The proposed acquisition also includes an offer for Rio's 53% stake in the Aluchemie anode plant in the Netherlands and its 50% share in the Alufluor aluminu...Read More
Canada's Lucara Diamond (TSX:LUC), the company that hit the jackpot in 2015 after finding the world's second-largest diamond, has taken a page of De Beers' books by investing in technology to track diamonds as they move through the supply chain.To that end, the Vancouver-based miner has acquired Clara Diamond Solutions, a digital platform aimed at transforming how rough precious rocks are sold...Read More
Canada's Lucara Diamond (TSX:LUC), the company that hit the jackpot in 2015 after finding the world's second-largest diamond, has taken a page of De Beers' books by investing in technology to track diamonds as they move through the supply chain.To that end, the Vancouver-based miner has acquired Clara Diamond Solutions, a digital platform aimed at transforming how rough precious rocks are sold...Read More
Courtesy GoldinAmerica.comUpdate: 736 am. System advises trailing stop loss up to point of entry. Target not hit in 3 bars warns of failed momentum higher. Update 9:50- signal negated. Target not attained. Instructions in this post would have given a scratch trade. We move on to other markets that present signals. Though not backtested; a reversal lower is on the table now as the system pre...Read More
Gold Pukeage Foretoldvia GoldinAmerica.comIn deference to the title here; Gold ran out of buyers, there was blood in the water, Monday's failed rally was the final straw, and Commercials rightly their foot on its neck. Did you expect anything different? What is different is we have the play by play giving the alerts to the break higher, the failure, and the reversal; All captured using a system...Read More
Explore the leading publication for the global mining industry: Mining Journal provides an in depth analysis of the mining sector outlook and the latest developments.Read full newsRead More
A powerful earthquake rattled forest villages and a large gold mine in central Papua New Guinea early Monday, but there were no immediate reports of injuries. Officials were waiting for more information about damage from the magnitude-7.5 quake that hit about 89 kilometers (55 miles)...Read full newsRead More
Newcrest Mining Ltd said on Monday it had invested $250 million to buy a 27.1 percent stake Canadian miner Lundin Gold Inc.Read full newsRead More
Newcrest Mining Ltd said on Monday it had invested $250 million to buy a 27.1 percent stake in Canadian miner Lundin Gold Inc as the gold major ramps up its exposure to Ecuador to secure growth.The stake is part of a $400 million equity raising by Lundin Gold to fund development of its Fruta del NorteRead full newsRead More
South Africa's National Union of Mineworkers (NUM) on Sunday said that Pan African Resources would cut 1,722 jobs at its Evander Gold Mine in the country's Mpumalanga province.Read full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth. Physicist Michio Kaku, writing in his new book "The Future of Humanity" (Doubleday), believes a bonanza is coming from mining a...Read full newsRead More
Pure Gold Mining Inc. is pleased to announce that underground drilling continues to confirm mineralization within the mineral resource and expand the mineralized zones at its 100% owned Madsen Gold... | February 14,2018Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index continued its rebound and added 8.8 points for a 0.7% gain to close at 1280.14.Support moves up to 1270 and 1275. Resistance is at 1280 and 1289.Our short-term momentum indicator, RSI, rose 7.9 points to 55.8 and has now more than doubled from its...Read More
Australia's largest gold producer, Newcrest Mining Ltd., will invest $250 million for a stake in Lundin Gold Inc. to boost its presence in Ecuador, which is attracting a slate of mining giants hunting for major untapped metals deposits.Newcrest will take 27.1 percent of Vancouver-based Lundin Gold, which expects to bring the Fruta del Norte gold and silver mine in southeastern Ecuador into product...Read More
Australia's largest gold producer, Newcrest Mining Ltd., will invest $250 million for a stake in Lundin Gold Inc. to boost its presence in Ecuador, which is attracting a slate of mining giants hunting for major untapped metals deposits.Newcrest will take 27.1 percent of Vancouver-based Lundin Gold, which expects to bring the Fruta del Norte gold and silver mine in southeastern Ecuador into product...Read More
Pure Gold Mining Inc. is pleased to announce that underground drilling continues to confirm mineralization within the mineral resource and expand the mineralized zones at its 100% owned Madsen Gold... | f?vrier 14,2018Read full newsRead More
Prices in most locations moved up this week, with Chinese mills out of the market due to the weeklong Lunar New Year and continued strong scrap prices. The market was affected by rising global ferrous scrap prices due to better demand for finished steel products. CIS, Middle East and North AfricaPrices of billet from the Commonwealth of Independent States region continued to show an upward trend l...Read More
Drifting into the doldrums?The Baltic Dry Shipping Index came to prominence at the start of the Chinese-led commodity supercycle around a decade ago.The London-based Baltic Exchange tracks the cost of moving commodities along more than 50 routes around the world and the BDI is considered one of the go-to barometers of the global economy and a leading indictor of commodity prices.In November 2015 t...Read More