Mining.com

By ATAC Resources ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) is pleased to announce the commencement of drilling at its 1,700 km2 Rackla Gold Property in east-central Yukon. The previously announced, ~20,000 m diamond drill program will include: ~10,000 m at the high-grade, Carlin-type Osiris Project; and ~10,000 m at the Carlin-type Orion Project funded by Barrick […]

By Reuters MELBOURNE (Reuters) – Metals traders are moving jobs for the first time in years as a price recovery spills into the trading sector, and more hires are expected as brokers eye opportunities from China’s mainland exchanges opening to investors abroad. The signs of an uptick follow a six-year industry shake-out as years of

By Bloomberg News (Bloomberg) — Gold may have posted two straight months of declines, but is set to shrug off the blues and rise in 2019 as the dollar weakens. The precious metal will start to rebound in the final quarter of this year to average $1,375 an ounce in the last three months of

By Valentina Ruiz Leotaud A judge from the Ecuadorian province of Cuenca ruled that Ecuagoldmining South America S.A, owned by Chinese investment firm Junefield Group S.A., violated article 57 of the country’s Constitution, which establishes people’s right to be consulted prior to the development of any resource exploitation project in their communities. Judge Paúl Serrano

By Valentina Ruiz Leotaud The CEO of Australian iron ore producer Fortescue Metals Group (ASX:FMG) said that the company is working towards finding other commodities to mine. In an interview with local conglomerate Fairfax Media, Elizabeth Gaines said that she has high hopes for the exploration work for copper, gold and lithium that the company

By Michael Allan McCrae Miners are responding to a rosier metal outlook by increasing spending on exploration and releasing more assay results. Base metal prices are up. Copper bounced off its 2015 nadir of $4,500 a tonne and in the last few months has found a range of $6,600 to $6,700 a tonne, a metal

By Reuters TORONTO/VANCOUVER, June 1 (Reuters) – U.S. hedge fund Paulson & Co, led by long-time gold bull John Paulson, is set to name a group of investors that will work together to try to drive changes and better returns from gold mining companies after years of dismal industry performance, according to people familiar with

By Adam Hamilton – Zeal Intelligence The major silver miners’ stocks remain deeply out of favor, languishing near multi-year lows. Of course that reflects investors’ lack of interest in silver itself. It has greatly lagged, not following gold higher like usual over the past year and a half. That’s really torpedoed silver-stock sentiment, making for

By Business in Vancouver Galore Creek, one of the world’s largest undeveloped copper-gold deposits, sits in a remote corner of northwestern B.C. But thanks to virtual reality, investors, newsletter writers, government officials and First Nations who want to know more about the project don’t have to fly 150 kilometres past Smithers to get a first-hand

By Reuters HARARE, June 1 (Reuters) – Zimbabwe’s parliament has passed amendments to the mining bill after removing clauses that required foreign mining companies to list locally, according to an official record of parliament’s debates seen on Friday. Mines Minister Winston Chitando had last month promised to remove the requirements, which he said caused panic