domingo, 3 de diciembre de 2017

Gold company's stock jumps 1300% after switching to bitcoin

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Mining News Digest
Monday 4 December 2017
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Bitcoin has been kicking the stuffing out of most mining stocks lately, as the cryptocurrency continues to climb to new heights.

The shovels are in the ground at the Carmichael coal mine in Queensland but the bankers have yet to open their wallets.

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

It's a sunny October day on the outskirts of the west German town of Bottrop.

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.

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.

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

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