viernes, 1 de diciembre de 2017

Barrick Gold just bought more than $9 million worth of shares in this junior

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Mining News Digest
Saturday 2 December 2017
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The non-brokered private placement gives Barrick about 15% of Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects in South America's North Atlantic coast.

The company is redeveloping the Keely-Frontier mine, a high-grade mine that produced over 3.3 million pounds of cobalt.

Could the lack of a broader mining code overhaul weigh on investor sentiment over the coming months?

The Canadian precious metals producer announced a financing plan consisting of a $10-million bought deal private placement offering of four million flow-through common shares.

The other four other stones of the collection were sold at an average premium of 30%.

Two-thirds of miners increase head count in '17

The New South Wales Government decided there would be no open-pit mining at the site formerly known as Drayton South, but it paved the way for an underground mine instead.

The agency won't act on a proposal to require hardrock mining companies to show they can afford to clean up their sites.

"A lot of people including myself are promoting the idea that Nelson continues on as CEO for a couple of years if possible," said chairman Oscar Landerretche.

Canada's top court ruled in favor of aboriginal bands seeking say in Yukon territorial government effort to develop coal and iron deposits in wilderness.

Ukraine's steel production in eleven months to end-November fell 13 pct year-on-year to 19.4 million tonnes, Ukrainian steel producers' union said Friday.

Benchmark spot gold edged higher to around $1,277 an ounce Friday, but was still trading near a 3-1/2-week low touched Thursday amid surge in U.S. equities.

CSR's portfolio includes Castle Silver mine located 85km northwest of Town of Cobalt, which produced nearly 300m grams of silver and 376,000lbs of cobalt.

Zamani talks how he became interested in Mexican Gold Corp, Robertson shows his presentation which talks board, management, mines, and grades.

An analysis of gold prices, U.S. dollar index, real interest rates, inflation expectations, treasury yield curve, and VIX and credit spread.

Entire precious-metals sector has been left for dead, eclipsed by dazzling Trumphoria stock-market rally, but traders need to keep eyes on fundamental ball.

Ron Struthers of Struthers Resource Stock Report surveys the battery metals field and profiles one company he believes could be a new LIB anode supplier.

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