Junior Mining News

Fate of South African gold rests on giant, loss-making mine

By Bloomberg News (Bloomberg) — Three thousand meters below the plains southwest of Johannesburg, teams of miners are toiling to revive the gold industry that underpinned South Africa’s economy for generations. The South Deep mine was built to target the world’s second-biggest known body of gold-bearing ore, a deposit that could produce for the next […]

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Newmont Takes 70-percent Stake in Nova’s Officer Hill Gold Project

By Olivia Da Silva Newmont Mining (NYSE:NEM) is moving forward with a joint venture with Nova Minerals (ASX:NVA) on the Officer Hill gold project in the Tanami region of Australia’s Northern Territory. The project, which was previously owned in full by Nova, will now be held 30 percent by Nova and 70 percent by Newmont

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Randgold to revise full-year forecast as readies Tongon mine for restart

By Cecilia Jamasmie Randgold Resources’ (LON:RSS) said Monday it was seeking to restart mining and processing operations at its Tongon gold mine in the Ivory Coast, where production was halted two weeks ago due to a strike. The Africa-focused gold producer said it has engaged in talks with the interested parties, based on a recently

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Thunderstruck Resources CEO Bryce Bradley Featured in Fiji Sun Publication

By Alison Cameron Thunderstruck Resources Ltd. (TSXV:AWE,OTC:THURF) CEO Bryce Bradley was recently featured in an article published by the Fiji Sun following a site visit of the company’s two high-grade zinc-copper exploration assets on the island nation. During the site visit, Bradley and the company’s head geologist, Kris Raffle, toured the Wainaleka and Nakoro properties

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A 100%-Accurate Indicator Is Flashing: Ignore It at Your Own Peril

By Nilus Mattive This post A 100%-Accurate Indicator Is Flashing: Ignore It at Your Own Peril appeared first on Daily Reckoning. Very few mainstream investors realize this, but there’s an indicator that has correctly predicted a recession every time it’s gone off going back to the 1960s – seven times in total. And right now,

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