Metals and mining
Kazera Global (LON: KZG) share prices surge 5% with mineral identification
December 02, 2020 09:20 PM AEDT| By Hina ChowdharySummary Kazera’s shares jumped as the company identifies 3 minerals in commercially feasible quantities The company provided a 112 per cent year-to-date return Kazera Global and Manschaft Mining and Energy have signed an MoU for EPL lice.....
Shares of Panthera Resources (LON: PAT) fell on Monday tailing international gold prices
December 02, 2020 07:53 PM AEDT| By Hina ChowdharySummary The shares of the company have shown a volatile trend and have fallen in the last session in response to the correction in international gold prices. The company has recently announced the commencement of drilling operations in Moydow i.....
Petropavlovsk (LON: POG) Hire Alexandrov of Highland Gold as The New CEO
December 01, 2020 02:37 AM AEDT| By Kunal SawhneyDenis Alexandrov, a highly experienced professional in mining and natural resources, has been appointed as the Chief Executive Officer (CEO) as well as a Director of Petropavlovsk PLC (LON: POG). Mr Alexandrov will be taking charge from 1 December 20...
Cerrejon And Its Union to Hold Talks on Controversial Proposed Work Schedule
November 25, 2020 11:11 PM AEDT| By Kunal SawhneySummary Cerrejon and its largest workers’ union Sintracarbon is going to hold technical discussions about a controversial work schedule it had proposed On 31 August, Sintarcarbón launched a strike and rejected a shift change introd.....
Will Hochschild Mining achieve its FY2021 production target?
November 21, 2020 11:36 PM AEDT| By Hina ChowdharySummary Hochschild Mining Plc has reported a cash balance of $196 million as of 30 September 2020. The Company will pay an interim dividend of 4.0 US cents per share on 31 December 2020. Total capital expenditure budget for FY21 is kept betwee.....
ECR Minerals Plc (LON: ECR) Accelerate Exploration in Victoria with new Diamond Drill Rig
November 21, 2020 01:52 AM AEDT| By Team Kalkine MediaSummary MGA has taken the delivery of the diamond drill rig Cortech CSD1300G capable of drilling as deep as 1,300 metres The company is soon going to commence drilling operations at the HR3 prospect within the Bailieston project area ECR M.....
Will KAZ Minerals’ (LON: KAZ) Baimskaya project get impacted by Russian government’s new infrastructure plans?
November 19, 2020 09:51 PM AEDT| By Team Kalkine MediaSummary Kaz Minerals is expected to provide a high-level project plan to create infrastructure for the Chukotka region. The copper mining company will share a portion of the infrastructure capital costs under the Complex Development Plan The C.....
Bacanora Lithium (LON: BCN) Soars Over 15% In 3 Days as Ganfeng Raises Stake in Sonora Project
November 18, 2020 09:31 PM AEDT| By Hina ChowdharySummary Shares of Bacanora Lithium surged 15.63 per cent within three trading sessions to GBX 37 The board of Ganfeng Lithium Co. Ltd has approved the resolution to raise the stake in Sonora project to 50 per cent Ganfeng Lithium is entitled t.....
Oracle Power's (LON: ORCP) share prices surge 23% as it acquires gold projects
November 18, 2020 03:27 AM AEDT| By Team Kalkine MediaSummary The AIM-listed company has bought two drill ready gold mines in Australia, which is its second international foray outside of the UK The company also owns a coal mine project in the Thar Desert in Pakistan Oracle Power’s foray in.....
What does shallow copper oxide observation at Big One mean for Castillo Copper (LON: CCZ)?
November 17, 2020 02:31 AM AEDT| By Hina ChowdharySummary Castillo Copper has intercepted copper and sulphide deposits in Queensland (Australia) An update is expected shortly; the drilling campaign at the Big One Deposit is gathering momentum The shares of the metal miner have soared by more.....
Operational Updates Unveiled by this Metals & Mining Player: Wishbone Gold Plc
November 07, 2020 05:12 AM AEDT| By Team Kalkine MediaSummary Wishbone Gold Plc reported a 44% year-on-year decline in revenue during H1 FY20. The Company has identified four magnetic targets for the exploration of gold in Western Australia. Legal and Technical due diligence of Patersons Range pr.....
Evraz, Vast Resources, Greatland Gold, and Red Rock Resource - 4 Metals and Mining Stocks in Focus
October 31, 2020 11:22 AM AEDT| By Team Kalkine MediaSummary Mining stocks could prove to be riskier bets as they are highly correlated with ups and downs of the overall economy The business can be severely disrupted by changes in government policies, foreign currency fluctuations, and other unsy.....
Sunrise Resources CS Project to Commence Production in Spring 2021
October 29, 2020 04:13 AM AEDT| By Kunal SawhneySummary Sunrise is preparing for drilling at its Newark Gold Project in Nevada along with its Baker's Gold Project in Western Australia CS Pozzolan-Perlite Project located in Nevada USA is set to commence its first commercial production in Spri.....
ECR’s Prospective Bailieston Gold Project in Victoria, Australia
October 29, 2020 04:04 AM AEDT| By Team Kalkine MediaSummary UK-based and AIM-quoted ECR Minerals, the gold exploration and development company focused on Australia, has interests in a range of projects including the Bailieston Gold Project and the Creswick Gold Project, both of which are in the A.....
Alien Metals (LON: UFO) Bags A New Exploration Licence In Greenland
October 28, 2020 10:46 PM AEDT| By Team Kalkine MediaSummary The newly acquired area lies adjacent to the Citronen zinc-lead project which is owned by Ironbark Zinc Limited Citronen, one of the largest undeveloped zinc-lead projects, hosts a resource in excess of 13 billion pounds of contained zi.....
Rio Tinto looks for court approval to recover payment
October 28, 2020 02:01 AM AEDT| By Kunal SawhneySummary Rio Tinto has sought the Canadian court’s approval for selling its partner’s share of diamond to recover its dues The total amount owed by Dominion and DDMI to Rio Tinto is close to C$120 million Rio Tinto seeks to recover .....
Centamin Plc Shares Underperform on Sukari Mine Concern
October 23, 2020 03:37 AM AEDT| By Hina ChowdharySummary Centamin PLC's shares, one of the largest LSE listed gold producers, have been underperforming past one month The share prices of the company have fallen sharply after it announced that it would be producing half as much gold from its S.....
Operational Review of Two Mining Stocks Listed on the LSE: Anglo American & Polymetal International
October 23, 2020 03:29 AM AEDT| By Kunal SawhneySummary Anglo American PLC reported a production increase of 24% sequentially in Q3 2020. The Group maintains the full-year 2020 production targets. Polymetal International PLC reported 35% year on year increase in revenue in Q3 2020. The per.....
Phoenix Copper: Copper prices go up as renewables' demand rises
October 23, 2020 12:03 AM AEDT| By Hina ChowdharyThe price of copper came closer to a value of $7,000 per tonne at the London Metal Exchange (LME) on 21 October 2020 as the market seemed optimistic with the new driver of renewable energy. LME is the global center for trading in industrial metals. C...
MetalNRG (LON: MNRG) to acquire Lake Victoria Gold having mining license in Tanzania
October 22, 2020 03:39 AM AEDT| By Hina ChowdharyOn 20 October, MetalNRG Plc (LON: MNRG) announced that it has entered into a bid implementation deal for buying Lake Victoria Gold Ltd (LVG) and acquiring 100 per cent of its shares in issue via a share swap transaction. The LVG Board has r.....