Coin News

Northern Sphere Mining Corp. (CSE:NSM) (OTC Pink:NSMCF) (“Northern Sphere” or the “Company”) is pleased to announce the closing of the first tranche of its previously announced private placement. The Company issued 1,800,000 units of the Company (“Units”) at a price of $ 0.08 per Unit for aggregate gross proceeds of $ 144,000. Each Unit is […]

According to a crypto jacking report published by the Cyber Threat Alliance (CTA), crypto mining malware infections are up nearly 500% in 2018. Crypto Mining Malware Report The threat of illicit cryptocurrency mining represents an increasingly common cybersecurity risk of enterprises and individuals. According to the report, the CTA found that malware detections were up 459% […]

Kareg Research initiated coverage on American CuMo Mining Corporation (TSXV: MLY) with a speculative buy recommendation report. The report provided a comprehensive overview of American CuMo Mining and focused specifically on the company’s flagship copper-molybdenum project near Boise, Idaho. The company’s copper-molybdenum project is considered to be the largest un-mined open-pit molybdenum deposit in the […]

Securing financing is, for obvious reasons, the most critical component for how junior mining companies survive the downturn of a market and advance an exploration project. Not so easy a task for today’s junior resource companies, especially when exploration funding is so intimately linked with commodities prices, as evidenced by a recent Prospectors & Developers […]

Australian Potash (ASX:APC) is pleased to advise that mining leases have been granted at the Lake Wells Sulphate of Potash project. The mining leases cover an area in excess of 30,000 hectares of the Lake Wells playa and underlying palaeochannel system. As quoted in the press release: Highlights: • Major milestone achieved with the grant […]

Australia-based Altura Mining (ASX:AJM) has officially opened its Pilgangoora lithium mine in Western Australia. The project has a production capacity of 220,000 tonnes per year of spodumene concentrate, although the company has already completed a definitive feasibility study to expand the project to 440,000 tonnes per year. Altura is in a strong position to benefit […]

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63039.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

What are the best mining stocks to invest in? Wouldn’t we all like to know. A good place to start is the TSX Venture Exchange. Every year it releases its annual Venture 50 list, a ranking of the 10 top-performing companies in five sectors: mining, life science and clean technology, oil and gas, diversified industries […]

Crypto-mining giant HIVE Blockchain (TSXV:HIVE) released its Q1 2019 results on Wednesday (August 29), highlighting its mining of ethereum increased substantially during the quarter. According to the company’ press release, 17,555 ethereum were mined in Q1, which is a 179 percent increase from the previous quarter’s 9,800 mined ethereum. In a conference call with investors […]

Bitmain Adds Ethereum Mining Pool: The world’s largest Bitcoin mining pool is cheating on Bitcoin. Bitmain’s BTC.com is expanding to add an Ethereum mining pool which will initially support both Ethereum and Ethereum classic.  Users will now be able to switch their hashing power from one pool to another, in light of what’s happening in the market. Bitmain […]

Puma Exploration (TSXV:PUMA; SSEV:PUMACL; US:PUXPF) (the “Company” or “Puma”) and Trevali Mining Corporation (TV-TSX) (“Trevali”) are pleased to release the drill results for the metallurgical drilling program conducted at the Murray Brook Deposit. The program successfully intersected the Massive Sulphide Deposit in each hole matching perfectly with the Resources Model and a potential internal mine […]

McEwen Mining (TSX:MUX,NYSE:MUX) and Chief Owner Rob McEwen have arranged a combined investment of C$ 6 million in Ontario-focused Great Bear Resources (TSXV:GBR). As stated in a Great Bear press release on Friday (August 24), of the company’s private placement financing to raise C$ 10 million, McEwen has agreed to purchase C$ 4.8 million, while McEwen Mining will […]

Vangold Mining Corp (TSXV:VAN; OTC:VGLDF) is pleased to announce the signing of a binding Letter of Intent (“LOI”) with Intermont Resource LLC (“Intermont”), pursuant to which Vangold is to acquire 100% interest in Intermont Resources LLC’s assets, which encompass 18 mineral properties in northern Nevada (the “Transaction”).   These properties comprise 5,548 mining claims both recorded […]

Hilltop Cybersecurity (CSE:CYBX) has announced it has entered into a letter of intent with Island Mining of Japan. As quoted in the press release: Hilltop Cybersecurity has secured a new customer for its key frontline services including its core network infrastructure, threat orchestration, and cyberEPM for secure project management. Hilltop received an order in excess […]

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62964.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Regulating cryptocurrencies has been a hot topic for years now. While some believe regulation would be hypocritical to an ethos whereby users govern their own network and money, is there anything to be said for regulating aspects of cryptocurrency…say a cryptocurrency mining regulation for example? Cryptocurrency Mining Regulation – Here’s Why It’s Important No matter […]

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62930.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

HashChain Technology Inc. (“HashChain” or the “Company”) (TSXV:KASH; OTCQB:HSSHF) is pleased to announce it has closed its acquisition of two cryptocurrency mining companies (the “Targets”) contributing an aggregate total of 2,500 additional Antminer S9 Rigs (“Rigs”) to HashChain’s existing 9,495 Rigs. HashChain acquired all of the issued and outstanding shares of the Targets for an […]

Pacton Gold Inc. (TSXV:PAC) (the “Company” or “Pacton”) is pleased to announce that further to the binding letter of intent (“LOI”) signed earlier this year (see news release dated May 28, 2018) the Company has finalized and entered into a Tenement Sale Agreement (“Agreement”) to acquire 100% of the Friendly Creek portfolio, comprising of one exploration […]

In today’s edition of Crypto Daily News, we’ll cover Microsoft’s latest tech that runs on the Ethereum network and OKEx’s troubles launching its Bitcoin (BTC) futures. Crypto Daily News: August 8th, 2018 Microsoft Uses Ethereum Yesterday, the software giant Microsoft made a huge announcement debuting its latest Blockchain as a Service (BaaS) product. The product […]

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Australia is one of the world’s biggest mining hotspots, and that’s partially because the country’s government has given mining companies a good reason to explore down under: incentives. While these incentives vary between the eight different Australian states and territories, they all help make the mining process easier and more beneficial for everyone involved. Companies are […]

Atalaya Mining (LSE:ATYM,TSX:AYM) has announced its operations update for the second quarter of 2018. According to the company, Copper production at Proyecto Riotinto (Spain) for Q2 2018 has increased to 10,446 tonnes from 9,058 tonnes reported in Q2 2017, and 9,441 tonnes in Q1 2018, representing an increase of 15 percent and 11 percent respectively. […]

Anaconda Mining Inc. (TSX:ANX) announced production results and certain financial information from the three and six months ended June 30, 2018. Highlights are as follows: Q2 2018 Highlights Anaconda sold 4,330 ounces of gold in Q2 2018, generating metal revenue of US$ 7.4 million at an average realized gold price of US$ 1,695 per ounce. As at June 30, 2018, […]

Australia’s resource sector is rejoicing in light of updates from the federal government regarding an eight-year plan for the distribution of the Goods & Services Tax (GST). The changes set to take place are meant to “reinforce and protect” the system used to distribute GST, called Horizontal Fiscal Equalization (HFE). The adjustments are intended to […]