Barrick Gold Considers US$19-billion Offer for Newmont Mining

With Barrick Gold’s (TSX:ABX, NYSE:GOLD) massive merger with Randgold Resources complete, inside sources revealed on Friday (February 22) that the giant gold miner is now considering a hostile bid for Newmont Mining (NYSE:NEM). According to the source quoted by The Globe and Mail, which has been noted as “familiar with the matter,” said Barrick is looking […]

Tech Big News Roundup: dynaCERT Launches HydraGEN™ Technology for Mining Industry; NuRAN Receives New Purchase Orders Totalling C$1,25M; PowerBand Receives Conditional Approval for Acquisition of MUSA Auto Finance

In case you missed it, here is this week’s technology big news roundup: Cleantech: dynaCERT Launches HydraGEN Technology for the Mining Industry Data: PowerBand Receives Conditional Approval of Fundamental Acquisition of MUSA Auto Finance Fintech: Datametrex Completes First Milestone for an IDEaS Challenge With Department of Defence Mobile: Wonderfilm Announces Completion of Two Feature Films NuRAN […]

QRC Defends Mining in Coal-rich Galilee Basin Once Again

The Queensland Resources Council (QRC) has once again spoken out against a proposed bill to ban mining in the state’s Galilee Basin. According to a statement from the QRC, the council has “identified … deep flaws” in the newly proposed Mineral Resources (Galilee Basin) Amendment Bill (Qld), which is currently being reviewed by a parliamentary […]

First Quantum Seeks Stake in Zambian Mining Investment Arm

Canadian miner First Quantum Minerals (TSX:FM) has been outed by the Zambian finance minister as having approached the government seeking a 17-percent share of the government’s mining investment arm, ZCCM-IH. ZCCM is majority-owned by Lusaka, and according to finance minister Margaret Mwanakatwe, there are “multiple unsolicited offers” (of which First Quantum is one) for the […]

Conservative Leader Andrew Scheer Makes Mining Pitch in Vancouver

Speaking at the 2019 Association of Mineral Exploration (AME) Roundup in Vancouver, Conservative Party leader Andrew Scheer said it was his goal to create a resources permitting process that made Canada more attractive to investors. Besides reiterating plans to scrap the carbon tax and to repeal Bill C-69 — the Impact Assessment Act — he […]

VIDEO — Remi Piet on Elections and Mining in Latin America

In an interview with the Investing News Network (INN), Senior Director at Americas Market Intelligence Remi Piet said that the recent election of Jair Bolsonaro as President of Brazil could see more mining investment there, as the government makes positive overtures on business freedom. “[There is] a clear signal for investors that over the course of […]

Puma Exploration and Trevali Mining Corporation Drill 1.17 g/t Au, 0.50% Cu and 4.16% Zn + Pb Over 153.2 Meters at the Copper-Gold Rich Zone of the Murray Brook Deposit

Puma Exploration Inc. (TSXV:PUMA) (the “Company” or “Puma”) and Trevali Mining Corporation (TSX:TV) (“Trevali”) are pleased to release the drill results of the 2018 exploration drilling program conducted at the Murray Brook Deposit (MB Deposit). The program successfully confirmed the potential to discover additional resources at depth and on the west and south sides on […]

Stellar Resources Gets Tin Mining Lease for St Dizier

Tin explorer and developer Stellar Resources (ASX:SRZ) has landed a mining lease for its St Dizier tin deposit in western Tasmania, the company announced on Wednesday (January 30). The lease will allow the company to extract tin and other metals from the deposit for an initial six-year period. “Granting of [the mining lease] shows strong […]

Resource Big News Roundup: M2 Cobalt and Jervois Mining to Merge; Montan Mining Corp. to Rebrand as Fidelity Minerals Corp.; Pelangio Exploration Acquires Dome West Property

This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) had a slightly turbulent week. On Friday, the market gained due to concerns about global economic growth and political uncertainties. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, started and ended the week with gains, but dropped during the week.  In case you missed it, here is this week’s resource […]

JPMorgan Claims Bitcoin Isn’t Worth Mining Anymore

JPMorgan analysts are taking jabs at Bitcoin once more. The executives at this major US bank have never been fond of digital currency and blockchain technology. Jamie Dimon, JPMorgan’s CEO, temporarily pulled back on his comments when BTC hit its all-time highs. Shortly after, the coin began to crash, and his skepticism picked up again. According […]

VIDEO — Brien Lundin: Junior Mining Needs a Sustained Uptrend in Gold

The gold price has started the year above the US$ 1,200-per-ounce mark and many investors are wondering when the next big move will happen. At this year’s Vancouver Resources Investment Conference (VRIC), the Investing News Network caught up with Brien Lundin, Gold Newsletter editor and president and CEO of Jefferson Financial, to get more insight on […]

4 Mining Experts Share Stock Picks and Advice for 2019

Many investors interested in the junior mining space are wondering what 2019 will bring to the sector and how to win when investing in times of political and economic uncertainty. One of the most popular panels at this year’s Vancouver Resource Investment Conference was led by Kitco News’ Daniela Cambone and featured newsletter writers Nick […]

Poll: The Adventures of Donald Trump and the Mining Sector

Donald Trump has championed himself as a friend of mining in the US, whether it be through words — like his support of the coal industry in the east — or his actions — like through his winding back of national monuments to open up mining exploration in the west. He is now more than halfway into […]

GMO Internet Group Takes Big Hit in Mining Revenue Yet Increases BTC Rewards

Japan’s GMO Internet Group has published a report on its in-house crypto mining operations. The IT giant confirmed that it took a steep hit in its overall GMO mining revenue. However, it steadily increased its monthly BTC mining rewards. GMO Mining Revenue The company showed “extraordinary loss” from its hardware manufacturing sector in Q4 of 2018. As […]

Zijin Mining Acquires An Additional 3.07 Percent of Nevsun Resources

Nevsun Resources (TSX:NSU,NYSEAMERICAN:NSU) and Zijin Mining (SHA:601899,HKEX:2899) have announced that in connection with Zijin’s offer to purchase all of the issued and outstanding common shares of Nevsun for C$ 6.00 per Nevsun share, an additional 9,526,987 Nevsun shares, representing approximately 3.07 percent of all issued and outstanding Nevsun Shares, have been deposited under the offer and […]

Ascot Resources to Acquire IDM Mining in Golden Triangle Deal

Ascot Resources (TSXV:AOT) will acquire IDM Mining (TSXV:IDM) through a definitive arrangement agreement, with the goal of creating a leading gold development and exploration company, the miners announced in a joint statement on Monday (January 7).   Under the deal, Ascot will acquire all of the issued and outstanding common shares of IDM, with each […]

5 Top Weekly TSX Stocks: First Mining Gold Takes the Lead

The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened 124.84 points higher on Friday (January 4) at 14,337.59, driven by the energy sector which saw growth due to higher oil prices. Collectively, energy stocks were up 2.3 percent, however the sector was outperformed by health care stocks, including cannabis companies, which were up 2.7 percent. The tech sector was also […]

American CuMo Mining Announces Results of Calida Gold Drill Program Review

American CuMo Mining Corporation (TSXV:MLY) (OTC Pink: MLYCF) (“CuMoCo” or the “Company”) announces that it has completed its review of all the information gathered during the 2017 drill program conducted at its Calida Gold project. As a result of the Company’s assay detailed verification program, it was discovered that there was high variability between individual assays, especially […]

PFS Shows Underground Gold Mining is Viable at Tropicana

Joint venture partners AngloGold Ashanti Australia and Independence Group (ASX:IGO) have released a prefeasibility study (PFS) for the development of an underground mine beneath the Boston Shaker pits at their Tropicana gold mine in Western Australia. The PFS indicates that an underground mine beneath Boston Shaker would be technically and financially feasible, and could deliver […]

Gold Rush II: Exploration and Mining in the Yukon

The Klondike Gold Rush helped to define a region, and a second Yukon gold rush is only just beginning to inspire further exploration and mining in the Yukon. The remote Northwestern Canadian territory of the Yukon is known to people the world over largely due to the events that took place between 1896 and 1899. […]

Primary Energy Metals Amends Definitive Agreement with Exco Mining Spain

Primary Energy Metals Inc. (CSE:PRIM FSE:1WZ:GR OTC:PEMTF) (“Primary” or the “Company”) is pleased to announce that it has reached an agreement with Exco Mining S.A. (“Exco Mining”) to amend the definitive agreement to permit the parties to independently develop a series of projects in Spain. As previously announced, the Company entered into an agreement with […]

Newmont Mining Gann Angles

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Resource Big News Roundup: Maxtech Initiates 2019 Vanadium Exploration Program in Quebec; Manganese X Earns 100 percent Interest in the Battery Hill Houlton; Montan Mining Agrees to Acquire the Greater Las Huaquillas Project in Northern Peru

This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) saw significant volatility alongside the rest of the global markets. Following a sharp dip on Thursday, the index opened stronger on Friday with a four percent increase in oil prices. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, saw parallel activity to the TSX, with a better recovery on […]

Excelsior Mining Commences Mine Construction at the Gunnison Copper Project

Excelsior Mining Corp. (TSX:MIN,FSE:3XS) has announced that construction has started at the Gunnison copper project, in southeast Arizona; first copper production is anticipated in Q4 of 2019. President and CEO of Excelsior, Stephen Twyerould said: “Our ability to move quickly from the close of project financing to the initiation of construction at our Gunnison copper project […]

Bitcoin (BTC) Crash Causes Crypto Mining Closures and Bankruptcy

Back in 2017, Bitcoin (BTC) and cryptocurrency took the spotlight in the media as investors and Wall Street began to take notice of digital currencies and the blockchain. Many executives in the major global banks shot down digital currencies almost immediately, as Bitcoin was a direct threat to their existence. See, Bitcoin was created to […]

Silver Mining Stocks Q3’18 Fundamentals

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63605.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Crypto News: Mining Bitcoin (BTC) In Norway Gets a LOT More Expensive in 2019 and Crypto Market Still Down

In today’s edition of Crypto News, we’ll cover why Bitcoin mining is expected to get a lot more expensive in Norway in 2019 and the details of the crypto market hitting its 10-day low. Crypto News: Bitcoin Mining in Norway A Swiss newspaper made the announcement today that its country will be acting to end […]

Columbus Says Use of Cyanide in Gold Mining Not Banned by EU

Following inquiries from shareholders and stakeholders over cyanide use in gold being banned by the European Union (EU), Columbus Gold (TSX:CGT,OTCQX:CGTFF) has clarified that there is currently no EU ban on the chemical.  On Tuesday (November 21), the miner issued a press release stating that there is nothing stopping it from using cyanide at its […]

PDAC Honors Leaders in the Mining Space Ahead of Conference

The Prospectors & Developers Association of Canada (PDAC) has selected the six top international and domestic miners and explorers for 2019. The recipients were selected from a long list, and were singled out for being exceptional leaders in the mineral exploration and mining space, as well as community engagement initiatives and environmental and social responsibility […]

Lundin Mining Trims Candelaria Copper Jobs

Lundin Mining (TSX:LUN) has confirmed it will be cutting jobs at its Candelaria mine in Chile, the Canadian company’s largest copper operation. As reported by Reuters, Lundin will be cutting 106 positions at the mine in order to “improve competitiveness and productivity,” even after the company confidently revised its copper guidance upwards following its Q3 […]