"Next Green Wave Announces DTC Eligibility -- @NextGreenWave #Cannabinoid #momentumstocks #NextGreenWave #Cannabis #California #MedicalMarijuana #MakingWaves #WaveMakers #MarijuanaStocks #CSE #BNN #hemp #CBD #smallcap #THC --Read the News Release here: https://t.co/fL7nSr4Z7Y"Read full newsRead More
In the first expansion drilling since 2015 on its Grasset deposit in the Abitibi greenstone belt of Quebec, Balmoral Resources has extended the known depth of the nickel, copper, cobalt and PGE deposit by several hundreds of metres.The junior explorer reported this week that Grasset's H1 zone has now been intersected for 1,140 metres along strike and from the bedrock surface to a depth of 775 metr...Read More
Gainey Capital's first pass sampling at its newly-optioned Las Margaritas gold project in Durango, Mexico has sampled up to 40 grams gold per tonne and confirmed the project's previously reported 1.5-1.6 km strike length. Peter Megaw leads the company's exploration team.The company took 42 samples at Las Margaritas, including chip samples from old pits, chip-channel samples from exposed veins an...Read More
"Goldplay announces its maiden mineral resource, containing 36 million oz AgEq (indicated) and 11 million oz AgEq (inferred), at the San Marcial Project @goldplay_gply https://t.co/SsxR6VFHpi"Read full newsRead More
A week before Bombardier (No outlook; BBD.B) is scheduled to release its Q4 earnings report on February 14th, the taxpayer supported aerospace, rail & defense firm announced today that it is losing one of its key executives. According to a company press release, Bombardier Transportation President Laurent Troger has informed the company of his intention to resign and pursue opportunities outside...Read More
* Q3 net loss of 40.5m euro, EBIT down 82 pct* Price pressure seen increasing* CEO warns against protectionist measures* Shares down 5.6 percentSpecialty steelmaker Voestalpine expects further downward pressure on earnings from a slowing European economy, it said on Thursday after a swing to a quarterly loss knocked 5 percent off its share price.The European steel sector is navigating choppy water...Read More
* Global steel demand see up 0.5-1.0 pct in 2019* Excluding China, sees demand up 2-3 pct* Dividend doubled to $0.20, share buyback of $113 mln* Shares down 3 pct on steel price concernsArcelorMittal, the world's largest steelmaker, forecast on Thursday a moderate expansion in global steel demand in 2019 after a healthy market drove its 2018 earnings to their highest in a decade.But its shares sli...Read More
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Russian steelmaker MMK expects steel output to remain broadly unchanged this year, the company's chief financial officer Andrey Eremin said on a conference call on Thursday.He added that the company sees no reason to change its existing policy with respect to its fourth-quarter dividend recommendation, which he said the company's board of directors is due to announce tomorrow.Speaking about foreca...Read More
* Q4 underlying profit down 85 pct* Brazil restrictions hit profit* Timing on resuming full Alunorte output uncertain* Macroeconomic uncertainty could sap 2019 demandNorwegian metals producer Norsk Hydro warned it would miss its 2019 savings targets after falling far short of fourth-quarter earnings forecasts due to restricted output in Brazil, sending shares down 8 percent to their lowest in two...Read More
Brazil's mining agency plans to ban upstream tailings dams used for storing mining waste, a director at the National Mining Agency (ANM) said on Thursday, after such a dam burst last month, likely killing at least 300 people.It was not immediately clear what kind of deadline the dam operators would face to take down or convert the damsEduardo Le??o, a director at ANM, said the agency aims to issue...Read More
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The number of people killed by a gas explosion in an unused coal mine in South Africa's eastern province of Mpumalanga has risen to six, and several others remain trapped, an official at the mine said on Thursday. The representative of the creditor protection team at the mine, Michael Elliot, said more than 20 people were still stuck underground at the mine in Middelburg and are presumed dead."As...Read More
According to the January 31st IIROC short-selling report published Tuesday, the short-selling position at Badger Daylighting (Sunny; BAD) stands at 1.94% of the company's float (estimated shares outstanding available for trading), up 0.014% from where it was in the January 15th report. Short-sellers may have their work cut out for them, however, as insider commitment at the firm remains strong. O...Read More
Ontario's Government for the People is supporting Indigenous training and employment in Sault Ste. Marie's information technology (IT) sector, creating 57 full-time jobs.Today, Ross Romano, Parliamentary Assistant to the Minister of Energy, Northern Development and Mines, announced PLATO Testing is receiving more than $1.2 million to deliver IT training focused on preparing Indigenous people to be...Read More
Canada's Trilogy Metals (TSX, NYSE: TMQ) is upping the exploration budget for its projects in Northwest Alaska, after its partner Australia's South32 (ASX, LON:S32) agreed to equally fund a program along the Ambler volcanogenic massive sulphide (VMS) belt.Each company will contribute an additional $1 million for exploration at the Upper Kobuk Mineral Projects (UKMP), in addition to the $18....Read More
* LME has 39 responses to consultation on responsible sourcing* NGOs say LME plan short-sighted and irresponsibleFourteen non-governmental organisations (NGOs) including Amnesty and Global Witness have opposed plans by the London Metal Exchange to ban cobalt tainted by human rights abuses, a letter seen by Reuters showed.Cobalt is a key ingredient in the batteries that power electric vehicles, a f...Read More
Shares in Canada's First Quantum Minerals (TSX:FM) were up after announcing that it has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.Underwritten by three core relationship banks, the loan can be increased to up to $3 billion before the end of year, the Vancouver-based miner said. It comprises a $1.5-billion term-loan facility and a $1...Read More
Following the review of historical data that indicate copper and silver grades are open in all directions at the Engels project in northern California, Crown Mining (TSXV: CWM) announced this week its decision to increase its land package in the area.In a press release, the Toronto-based company said that it has staked an additional 35 new federal mining claims adjacent to Engels, all of which are...Read More
First Division Ventures (CSE: FDIV) announced this week that it has entered into an Assignment and Property Option Agreement with Geoxplor Corporation of Arizona, for the option to acquire a 100% interest in the Temple Mountain property in Utah.In a media statement, First Division said Temple Mountain occupies 435 hectares and is located in Emery county, 34 kilometres north of the town of Hanksvil...Read More