Investors Mining

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Bowie Resource Partners Announces New Utah Headquarters And New Corporate Name

Dothan Eagle 15 Oct 2018

Wolverine will continue to operate the Sufco, Skyline and Dugout Canyon mines in Utah and the idled Bowie 2 mine in Colorado, and will also maintain a small regional office in Grand Junction, Colorado ... The fund is also a majority investor in Mawson West, a copper and silver-focused resource company operating in the Katanga Basin in the Democratic Republic of Congo and in Finland-based zinc and nickel mine Terrafame Ltd....

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SA miners realise they have to reward investors with a pot of gold

Business Day 15 Oct 2018

As SA mining companies struggle to get through the doors of North American investors to make a pitch, boards are increasingly pushing to change the way they manage their cash, debt, asset pipeline and ......

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SA miners ‘need to fix bad dividend record’

Business Day 15 Oct 2018

As SA mining companies struggle to get through the doors of North American investors to make a pitch, their boards are pushing to change the way they manage their cash, debt, asset pipeline and rewards for shareholders. At the Joburg Indaba mining conference, a ......

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Bitcoin Mining: Chinese Man Gets 3.5 Year Sentence for Stealing Power to Mine Bitcoin

The Bitcoin News 15 Oct 2018

A Chinese man has been handed a three and a half year sentence for illegally tapping power from a train station in China for crypto mining purposes ... He was reportedly fined 100,000 Yuan (about $14,500) for stealing electricity from a factory at the Kouquan Railway station to power his 50 bitcoin mining machines ... He was apparently able to mine 3.2 bitcoin worth about $20,000 at current market rates during this period....

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Good Times Beckon for Mining Sector

All Africa 15 Oct 2018

Zimbabwe's mining sector is headed for exciting times with foreign investors reportedly reaching lofty heights since the new dispensation rose to power, subsequently staging peaceful and successful harmonised polls, according to Mines and Mining Development Minister Winston Chitando .......

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What Does The New Makoko Discovery Mean For Ivanhoe Mines?

Seeking Alpha 15 Oct 2018

Shares of Ivanhoe Mines (OTCQX.IVPAF) haven't done well this year ... The damage was caused mainly by the new mining tax code that introduced a 50% super-profit tax and also elevated copper, cobalt, and gold royalties ... A simple look at the price chart doesn't show it, but Ivanhoe Mines was able to keep on developing its three world-class projects pretty successfully ... Also a meaningful progress at the Kipushi mine was announced in May....

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Shell and Equinor certain that natural gas project in Tanzania will go ahead

Business Day 15 Oct 2018

Investor sentiment towards the East African nation has been soured by the government’s overhaul of mining legislation that has enabled it to renegotiate contracts ... ‘Hardline approach’. “The government’s hard-line approach to dealing with large, foreign investors in the natural resources sector also puts a dampener on foreign-investor sentiment, particularly when considering the magnitude and timelines of LNG investments,” he said....

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Tron (TRX) and Ripple’s XRP on the high

The Bitcoin News 15 Oct 2018

Not just the Tron or Ripple enthusiast, if you ask any crypto investor for the best moment, you’ll get similar answers across the board. Perhaps, the kind of response expected is an obvious one, right? Your guess is just as mine-rise in the price of the cryptocurrencies. However, that has not been the scenario in the past week as for most investors it has been a nightmare....

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Asian, UK investors may beat Aussie backers for major coal listing

Canberra Times 15 Oct 2018

Miner Coronado Coal is seeking backers for the world’s largest mining listing since 2011, but Australian investors may have lost the race to global rivals ... ....

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James Cameron joins Petropavlovsk board

Mining Weekly 15 Oct 2018

US lawyer James Cameron and UrAmerica chairperson Damien Hackett have joined the board of Russian gold miner Petropavlovsk as independent nonexecutive directors with immediate effect. Cameron is well known in business circles in California as a successful entrepreneur and investor and has had wide experience in Russia over the past quarter-century, including as an adviser to gold-mining projects in the Far East of the country ... ....

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Zambia Launches Crackdown on Crypto Companies

Bitcoin 15 Oct 2018

The crackdown began on Oct. 14, when the central bank announced an investigation into Heritagecoin Resources Ltd ... I am not sure if they do mine as well. From the returns they get from the business, they share the profits with the investors.” Dominic Kapalu ... Manchishi, the Zambian Drug Enforcement Commission spokesperson, warned investors to remain wary of companies that promise extraordinarily high returns on short-term deposits ... ....

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Investors tell Democrats of cryptocurrency pain

Hong Kong Standard 14 Oct 2018

The victims were mostly talked into purchasing cryptocurrency mining services from companies based overseas, though they signed the contracts in Hong Kong ... In one case, an investor paid HK$600,000 for cryptocurrency mining services with the lure of seeing profits in a year ... and says costs for investors chasing their rights would be impossibly high....

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East Africa harmonize mining laws to attract foreign direct investment

Coastweek 13 Oct 2018

“It is envisaged that once in place, it will create a uniform legal regime across six partner states that will make the region more attractive to mining investors,” Mwabu said during the public hearings of the EAC Mining bill 2017 ... Ibrahim noted that the law will harmonize member states mining regulations to ensure environmentally friendly and sound mining practices in the entire EAC....

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