Mining.com

By Streetwise Reports Great Bear Resources Ltd. (GBR:TSX.V) will be conducting a private placement financing of units, priced at $1.45 per unit, for gross proceeds of up to $10 million with each unit consisting of one common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable into a common […]

By Valentina Ruiz Leotaud Manganese X Energy (TSXV: MN), a company that claims to focus on ethically sourced minerals, announced this week that it has signed a Property Option Agreement to acquire the Peter Lake copper-nickel-cobalt project located in the Mont-Laurier Terrane, in the Central Grenville Province, Quebec. The company said it will be exploring

By Adam Hamilton – Zeal Intelligence The junior gold miners’ stocks have been thrashed in August, plummeting to brutal multi-year lows. Such carnage naturally left sentiment far more bearish than usual in this forsaken contrarian sector. But these extremely-battered gold-stock prices certainly aren’t justified fundamentally. Junior gold miners’ collective results from their just-completed Q2’18 earnings

By Bloomberg News (Bloomberg) — South Africa’s struggling gold sector would be forced to close more mine shafts if labor unions’ wage demands were implemented, according to the country’s top producer of the precious metal. The country’s gold production fell for a ninth straight month in June as rising costs, aging infrastructure and accidents affect

By Reuters MELBOURNE, Aug 24 (Reuters) – As Australia’s big miners gear up for a new round of expansion after years of belt tightening, prices for everything from labour to fuel to equipment have begun to rise, driving up costs and eating into margins. Manage inflation pretty aggressively over the next 18 months otherwise it

By Cecilia Jamasmie China’s Sichuan Road & Bridge Mining Investment Development Corp. is gearing up to kick off copper, zinc, gold and silver production in Eritrea next year, following the country’s recent end to its 20-year border war with neighbour Ethiopia. Asmara will be the third operating mine in northeast African country, home until now

By Reuters Demand for physical gold was modest in India this week as the top bullion consuming state of Kerala coped with floods, while interest for the metal remained lacklustre elsewhere in Asia as buyers awaited a dip in prices. Gold demand usually sees a jump in Kerala during the festival of Onam, but this

By Frik Els Speculators in gold price futures are short 670 tonnes – the biggest bearish position in 25 years Bloodied but unbowed Gold fell back again on Thursday to hover just above 20-month lows as the US dollar rebounds and equity investors celebrate the longest bull run in Wall Street history. December futures trading

By Reuters JOHANNESBURG, Aug 23 (Reuters) – South African precious metals producer Sibanye-Stillwater said on Thursday it will look for growth in the bullion sector once it has improved its debt levels and outlined a blueprint for improving safety at its gold operations. The gold industry in South Africa, which has produced a third of

By Cecilia Jamasmie Canada’s Centerra Gold (TSX:CG) has once again agreed to extend the deadline for completion of all conditions included in a deal it signed in September with the Kyrgyz government, ending long-dragged environmental disputes over the firm’s Kumtor gold mine, the country’s largest. While the Toronto-based miner did not provide much detail about