Mining.com

By MINING.com Editor Avino Silver & Gold Mines Ltd (ASM – TSX ) announced today that it has filed a shelf registration statement on Form F-3 with the Securities and Exchange Commission (SEC) that will allow it to raise up to US$25 million through the sale of securities. These may consist of common shares, warrants, […]

By MINING.com Editor Great Bear Resources (TSX-V: GBR) today reported a high-grade gold discovery in the Hinge Zone at its Dixie Project in the Red Lake District of Ontario. Great Bears stock price increased by 62.5% and is currently trading at $1.17 per share. Drill hole DHZ-003 returned 16.35 metres of 26.91 g/t gold including

By First Macro Capital The world is familiar with FANG (Facebook, Amazon, Netflix, and Google), then came FAANG, Facebook, Amazon, Apple, Netflix, and Google. But are you familiar with BANNG?We would like to introduce to the world a countercyclical group of stocks that could be the biggest winners if FAANGs lose. BANNG = Barrick Gold,

By Reuters (Bloomberg) — Companies that make and move things are now a bigger part of Canada’s stock market than those that dig them up. Industrial stocks such as Canadian National Railway Co., ATS Automation Tooling Systems Inc. and plane maker Bombardier Inc. have surpassed materials as the third-largest sector on the S&P/TSX Composite Index

By Reuters (Bloomberg) — South Africa’s National Union of Mine workers, the biggest labor group at gold mining companies in the country, said it’s deadlocked over pay with the producers after numerous rounds of negotiations.“We have reached a stage whereby we understand that the employers are not prepared to give a better offer to the

By Cecilia Jamasmie Russia’s Central Bank has picked up pace when it comes to gold buying, adding 26 tonnes to its reserves in July, more than in any other month this year, ahead of the news sanctions imposed by the US. According to data from the International Monetary Fund, quoted by Bloomberg, Moscow bought 26.1

By Cecilia Jamasmie Gold output in key producing countries, such as Australia and Peru, is set to slump to generational lows in the mid-term even though bullion production grew for nine consecutive years, reaching an all-time high in 2017, a new report shows. While S&P Global Market Intelligence does expect output to rise reach new

By Cecilia Jamasmie Shareholders in dual-listed Canadian miner Dalradian Resources (TSX:DNA) (LON:DALR) have been advised to support New York-based private equity group Orion Mine Finance’s acquisition of the company when they vote on the matter next week. Proxy advisory firms Institutional Shareholder Services and Glass, Lewis & Co have both recommended the approval of the

By Valentina Ruiz Leotaud Two men died of suffocation in a gold mine in the Antioquia department, located in the central northwestern part of Colombia. According to the Interior Secretary of the City of Granada, Raúl Vélez Tamayo, the bodies of the two miners were found early in the morning following a rescue operation that

By MINING.com Editor Polymetal International plc announced today that the Board of Directors of the Company has resolved to pay an interim dividend of $ 0.17 per share for the six months ended 30 June 2018 representing 50% of the Group’s underlying net income for the H1 2018 and in compliance with the hard ceiling