Mining industry
A recent outbreak of protests at the El Teniente mine in Chile has led to reduced production levels, while Rio Tinto PLC is considering shifting to the Chinese currency for iron ore price settlements. Meanwhile, emerging markets are driving unprecedented demand for commodities such as iron ore and copper, but
Mining industry
AM Gold Inc., a publicly held resource company based in Vancouver, Canada, is pleased to announce an updated resource estimate for the Company's Pinaya Au/Cu Project in Peru. The new estimate, prepared by Brian L. Cole, P. Geo. and Ronald G. Simpson P. Geo. of GeoSim Services
Mining industry
Seven Summits Research has issued critical PriceWatch Alerts for five top stocks: General Motors Company (NYSE: GM), Occidental Petroleum Corporation (NYSE: OXY), Kinross Gold Corporation (NYSE: KGC), Dresser-Rand Group Inc. (NYSE: DRC), and Millicom International Cellular SA (Nasdaq: MICC). These alerts provide concise detailed strategies for each stock, including position
Mining industry
Abzu Gold Ltd. has announced encouraging results from a soil geochemical program on its Golden Reef concession in Ghana. The program, which consisted of 460 samples, has identified a new gold-bearing zone, Golden Reef East, with gold-in-soil samples ranging from below detection to 1.27 g/t gold. The zone
Mining industry
A Canadian mining corporation, Barrick Gold Corporation (Barrick), is facing growing tensions with local communities in the Lake Victoria Zone, Tanzania. Following recent organized protests and criticism from local communities, media, and social organizations, Barrick has attempted to address the situation by implementing global corporate social responsibility (CSR) policies. However,
Mining industry
Northern Gold Mining Inc. has acquired the Garrison Gold Property, a significant gold deposit in northeastern Ontario, from ValGold Resources Ltd. The transaction involves the purchase of a 100% interest in the property, with Northern Gold committing to ensure the continued development of the asset. Key Takeaways: * ValGold Resources Ltd.
Mining industry
Bellhaven Copper & Gold Inc. has completed the first NI 43-101 compliant technical report for the La Mina porphyry gold-(copper) project in Antioquia, Colombia. The report, prepared by Wardrop, a Tetra Tech Company, assesses the project's merit and potential for further exploration. The technical report concludes that
Mining industry
Astur Gold Corp. is pleased to announce the appointment of Joshua Crumb to its Board of Directors, bringing exceptional mining expertise and market vision. Crumb's recent role as Senior Metals Strategist at Goldman Sachs demonstrated his ability to analyze commodity market dynamics, investment strategies, and corporate risk management
Mining industry
Canadian stocks experienced a decline on Wednesday, driven by softening commodity prices. The S&P/TSX Composite Index lost 81.05 points, or 0.59 percent, closing at 13,611.32. The energy sector index on the Toronto Stock Exchange (TSX) decreased by 1.49 percent, with Talisman Energy
Mining industry
Canadian stocks experienced a mixed trading day on Monday, with the S&P/TSX Composite Index closing down 0.07 percent. The materials sector was particularly affected, with the S&P/TSX Materials Index declining 2.05 percent. On the other hand, the financials sector provided some support,
Mining industry
Thundermin Resources Inc. and its joint venture partner Cornerstone Resources Inc. have announced the intersection of additional high-grade copper mineralization at the Little Deer Copper Deposit in north-central Newfoundland. The copper mineralization was discovered in five recently completed holes, with assay results indicating a significant increase in copper grades. The
Mining industry
Peruvian presidential candidate Keiko Fujimori has expressed support for implementing a windfall tax on mining companies, suggesting that the tax would be calculated to avoid hurting the country's competitiveness, particularly in comparison to Chile. This stance is in line with her opponent, left-leaning nationalist Ollanta Humala, who has
