MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry. Share and get up to speed in a mining minute.This week's top stories:Landslide at Myanmar jade mine leaves at least 162 dead - Read moreEndeavour becomes West Africa's top gold miner - Read moreBHP's Cerro Colorado to scale down operations - Read moreNevada Gold Mines exceeds expectations, says Barri...Read More
Image by Bruce Raynor from Shutterstock. On April 20, Teck Resources Ltd. (TSX:TECK.B) released a 76-page first-quarter financial report that reported an $800 million decline in earnings compared with Q1 2019, due in large part to the impact of a global pandemic.And on May 20, Teck released a 114-page sustainability review for 2019 that details its progress on environmental, social and governance...Read More
Stibnite gold project. Credit: United States Forest Service. Midas Gold (TSX: MAX) announced Thursday that the draft environmental impact statement (EIS) for its Stibnite gold project in Idaho is set to be released next month for public review.In their recently published quarterly schedule of proposed actions, the United States Forest Service (USFS) and other regulators working on the review of t...Read More
Ulu project area. (Image courtesy of Blue Star Gold). Vancouver-based Blue Star Gold (TSXV: BAU) announced that the Chief Public Health Officer of Canada's Nunavut territory has confirmed that the company can begin its work programs in early July on the Hood River and Ulu projects.In a press release, Blue Star said the Health Officer's decision was a response to the Exposure Control Plan and the...Read More
Greatland's Patterson project is located 500 kilometres east of rail and port infrastructure at Port Hedland, pictured here. (Image by Nachoman-au, Wikimedia Commons). The Western Australian Department of Mines, Industry Regulation and Safety announced that Greatland Gold (AIM: GGP) has won a government-conducted ballot in regard to its application for a fourth exploration licence in the Paterson...Read More
Gold, silver, and their miners' stocks suffer their weakest seasonals of the year in early summers. With traders' attention normally diverted to vacations and summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand, gold tends to drift sideways dragging silver and miners' stocks with it. Feared as the summer doldrums, sometimes unusual catalyst...Read More
Here are three royalty and streaming stocks. They enjoy lower expenses and less risk than their operating peers, while enjoying the upside of any successes.Government responses to COVID-19 are paving the way to a long-term credit crisis, excellent news for precious metals investors, as long as they can stomach a very bumpy ride to profits, says Sprott US Holdings president and CEO Rick Rule."Under...Read More
The company said it had entered a binding term sheet with Appian Capital Advisory for up to about C$40.9 million, subject to Toronto Stock Exchange approval.Harte chairman Joseph Conway said following a review process, the proposed transaction was "the best financing alternative available to the company".It was set to comprise a private placement of 9.5 million Series B special shares priced at US...Read More
Pekka Vauramo, formerly CEO of Metso and now head of the joint entity, said aggregates was the "the part of the business that was worst hit by the by the corona[virus]" "In the mining side, we reallyRead More
Heart disease runs in my family.My grandfather had a heart attack in his 50s.My uncle had a massive heart attack when he was in his 40s.And my father, who hasn't had a heart attack, has had an angioplasty and has been on heart medication for years. Knowing that it runs in my family, I'm pretty vigilant about getting checked out every year by my doctor. Regular exercise and clean eating have proba...Read More
This news report, translated from the original French, is 2 years old but seems to have escaped notice outside Quebec.* * *Revenu Quebec Concludes a Secret Agreement with a Gold MerchantFrom The Journal of MontrealWednesday, April 25, 2018https://www.journaldemontreal.com/2018/04/25/revenu-quebec-conclut-un-ac...Revenu Quebec has just concluded a secret agreement with the Montreal firm Metaux Ki...Read More
By: Ira Epstein Gold price fell on Wednesday and markets will be jump with holidays starting. What to look out for price action wise:Read More
Technical trend after the release of US June nonfarm payrolls is the key. Tomorrow's US Holiday will not have any impact on trading volumes etc. No one is sleeping in the pandemic. Fomc minutes continued to accommodative monetary stance and uncertain economic outlook. Bond yields were also looked into. Impact on gold, silver and US dollar Index by FOMC Minutes: Jobs creation will be the key to...Read More
The president and CEO of Granite Creek Copper outlines prospects for the Stu Copper-Gold project in this conversation with Maurice Jackson of Proven and Probable. Maurice Jackson: Welcome to Proven and Probable. Today, we're going to highlight an early-stage exploration company focused on copper, gold and silver located in the Yukon, in Canada's prolific Minto Copper District, Granite Creek Coppe...Read More
Recent drill results from Troilus Gold's Quebec project are analyzed in a Red Cloud Securities report. In a May 15 research note, Red Cloud Securities analyst Jacob Willoughby reported that drilling continues to grow the Southwest zone at Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) Troilus project in Quebec.Willoughby reviewed Troilus Gold's recently reported results of six holes drilled in South...Read More
Bob Moriarty of 321gold discusses the resource calculations at this company's gold project in Brazil and explains why he's an investor. Native Gold in Quartz, Central Zone, Cui? Cui?I fully approve of garimpeiro miners. Rarely can they read and write. They can live under conditions that the majority of us could never handle. They mine in a totally different way than do the junior resource compani...Read More
One of the most telling patterns in Gold over the past 6+ months has been the “washout low” price rotation pattern after establishing a momentum price base. It seems as though every time Gold completes one of the moderate-low price rotations, as we call it a “washout low rotation”, it sets up for a new momentum rally to a new momentum price base.We believe July and Au...Read More
This news report, translated from the original French, is 2 years old but seems to have escaped notice outside Quebec.* * *Revenu Quebec Concludes a Secret Agreement with a Gold MerchantFrom The Journal of MontrealWednesday, April 25, 2018https://www.journaldemontreal.com/2018/04/25/revenu-quebec-conclut-un-ac...Revenu Quebec has just concluded a secret agreement with the Montreal firm Metaux Ki...Read More
By: Ira Epstein Gold price fell on Wednesday and markets will be jump with holidays starting. What to look out for price action wise:Read More