Mining.com

By Michael Allan McCrae Canaccord Genuity has been involved in the most mining deals in 2018. Canaccord has been an agent in 13 mining closed mining deals year to date ranging from lead underwriter to selling agent. Second is BMO Capital Markets with 11 deals. Total number of agents that made mining deals in 2018 […]

By Bloomberg News (Bloomberg) — South Africa’s Association of Mineworkers and Construction Union plans to demand a 12,500 rand ($950) monthly minimum wage from some of the country’s top gold producers in upcoming negotiations. The labor group decided on its demands on Sunday at a mass meeting near Carletonville, about 90 kilometers (56 miles) west

By Cecilia Jamasmie The US House of Representatives has approved an amendment to an energy and water act expediting the cleanup of abandoned uranium mines across the country, particularly in the so-called Arizona Strip, which contains about 40% of the country’s reserves of the yellow metal. Uranium was extracted there, mostly within the vast Navajo

By Cecilia Jamasmie Resolute Mining (ASX:RSG) has signed a strategic framework deal with Swedish equipment and tool manufacturer Sandvik Mining (STO:SAND) to fully automate the company’s Syama gold mine in Mali. Under the agreement, Sandvik will develop Resolute’s underground operation around a fully automated production system by delivering some tested technology such as AutoMine® and

By Cecilia Jamasmie A Chinese state-owned conglomerate will become Canada’s Ivanhoe Mines’ (TSX:IVN) biggest shareholder after billionaire Robert Friedland’s company agreed to sell a 20% stake for about $560 million (Cdn$723m). Under the deal, CITIC Metal will also make a $100 million loan facility available to the Canadian listed company, which said it would use

By Valentina Ruiz Leotaud Researchers at the University of Notre Dame invented a new class of molecules whose shape and size enable them to capture and contain precious metal ions. In a study published in the Journal of the American Chemical Society, the scientists explain that the method they have developed converts gold-containing ore into

By Valentina Ruiz Leotaud Civil Defense officers rescued a fifth body from a mine site in northern Mexico where a dam filled with liquid waste collapsed last Monday. Two other miners are still missing. A couple of workers who presented minor injuries were hospitalized earlier this week. The dam breach took place at the Cieneguita

By Adam Hamilton – Zeal Intelligence Early summer is the weakest time of the year seasonally for gold, silver, and their miners’ stocks. With traders’ attention diverted to vacations and summer fun, their precious-metals interest and investment demand wane considerably. Thus this entire sector, and often the markets in general, suffer a seasonal lull this

By Reuters MUMBAI/BENGALURU, June 8 (Reuters) – Physical gold demand was soft in major Asian hubs this week with global prices moving in a tight range, while lower retail purchases forced sellers in India to offer wider discounts during a slow period for buying the metal. Benchmark spot gold prices have moved little since last

By Frik Els Fluid ounces. Image: Polyus Gold Russian gold miner Polyus on Thursday provided an update on its Sukhoi Log project, one of the world’s largest untapped gold deposits. The news sent units of the company trading over the counter in the US up 3% for a market value of some $8.5 billion. Polyus