MANILA - Philippines nickel ore miner, Global Ferronickel Holdings Inc, said on Thursday it aims to ship 5.7 million wet metric tonnes to China this year, in line with 2018, as China's cooling economy slows expected demand.Global Ferronickel also said it has signed a contract to sell 1 million wmt of ore to Baosteel, a unit of top steel manufacturer China Baowu Steel Group. It is also looking to s...Read More
Many Chinese carmakers have announced plans to start exporting to the U.S. but none of them has managed to crack the lucrative retail market. Kandi Technologies Group Inc. may become the first.The Nasdaq-listed company, which started making electric cars in 2013, plans to ship two of its models to the U.S. this year, Chairman and Chief Executive Officer Hu Xiaoming said in a telephone interview We...Read More
Kirk Woodman, vice-president of exploration for Vancouver-based private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier by as-yet unidentified individuals.According to a statement by Burkina Faso minister of foreign affairs Alpha Barry, Woodman was kidnapped near the village of Tiabangou at the Bira Trend exploration site...Read More
In a new leak that can be accurately labeled "the smoking gun," Google has been busted manipulating search results on YouTube in order to manipulate social behaviors and control minds...Read full newsRead More
AUSTIN, TEXAS - Emerson today introduced the Performance Learning Platform, a portable and compact automation technology training solution that enables hands-on training to prepare workers to maintain their plant safely and efficiently. The platform reinforces the competencies essential to fostering digital transformation and helps close the workforce skills gap as the Industrial Internet of Thing...Read More
An eco-friendly heating technology created by Saiterm is changing the way homeowners stay warm over winter. Based in Amsterdam, the heating technology firm has patented "Spring", an infrared system that aims to render traditional gas boilers and electric heaters things of the past.With Spring's infrared heating technology, homeowners can turn up the heat, reduce carbon emissions and radically cut...Read More
"Orocobre's outgoing CEO says there won't be an immediate uptick in #lithium prices. The company said last month it was getting US$10k/t for its lithium carbonate ($) | https://t.co/mhZXGdTouS $ORE #ASX"Read full newsRead More
LONDON - The London Metal Exchange (LME) will launch seven new cash-settled futures contracts on March 11, including hot-rolled coil (HRC) steel and alumina, it said on Thursday.The exchange, the world's oldest and largest market for industrial metals, also said in a statement that it expected to launch a lithium contract in the fourth quarter."We believe that these new cash-settled contracts... w...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), is pleased to announce today the finalization of an integration agreement for the Venzee distribution platform with an existing product content management engine. This agreement is an enhancement to a relationship with an existing referral partner based in the European Market."Integrating to existing platforms...Read More
The Chinese central bank has done it again and in Thursday's open market operation the PBOC injected a whopping 380BN in open market liquidity, bringing the week's total to a gargantuan 1.14 trillion.Read full newsRead More
Northern Superior Resources (TSX-V: SUP) issued a press release this week stating that it is ready to move forward with both its TPK gold-silver-copper project located in northwestern Ontario and its Lac Surprise gold project located in Quebec.The Sudbury-based company said it expects to start drilling at the Ti-pa-haa-kaa-ning property, known for its initials TPK, by mid-February, following the c...Read More
An economic slowdown in China, consumer of about half the world's commodities, is the single biggest challenge for the mining and metals sector in 2019. (Image courtesy of Liebherr.)A worsening of the ongoing economic slowdown in China, consumer of about half the world's commodities, is the single biggest challenge mining and metals companies face this year, a new survey of senior executives shows...Read More
West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) said Thursday it had exceeded its 2018 full year production guidance, thanks mainly to a 44% output increase at its New Liberty mine in Liberia and despite a 4% production decline at its Youga asset in Burkina Faso.Avesoro's annual production jumped by 15% to 220,458 ounces of gold compared with 2017, with New Liberty alone churning o...Read More
In his latest Discovery Watch episode, John Kaiser of Kaiser Research Online has mixed feelings about giant gold mergers such as the Newmont (NEM*US) - Goldcorp (G) deal announced this week. In the short-term, he sees these mega companies being less likely to help out junior explorers. However, this is not all bad. Mr. Kaiser believes standalone well-financed juniors focused on discoveries can th...Read More
"$GNBT - Generex Biotechnology Corp (GNBT) Update on Acquisitions, Financing, Expansion Initiatives & Strategic Plans Conference Call (Transcript) https://t.co/FRvH5Kt0mm"Read full newsRead More
Integra Resources (TSXV: ITR; US-OTC: IRRZF) will delay an updated resource estimate for its DeLamar gold-silver project in southwestern Idaho after drill core from a step out hole nearly half a kilometre from the project's current resource assayed 2.53 grams per tonne gold equivalent over nearly 110 metres."Relative to everything we did in 2018, this one drill hole in particular is a real game ch...Read More
Guyana Goldfields Inc. (TSX:GUY) has a history of impressive runs.In 2004, shares shot up by 1,000% in 6 months. In 2006, shares doubled in 30 days. Following the financial crisis in 2009, shares experienced another 1,000% run. Most recently, shares tripled in 2016.Unfortunately, repeated strong runs were always a result of similarly sized downturns. Recently, shares have fallen 75% from their hig...Read More
The post-Christmas stock rally extended through Wednesday as the small-cap and tech stocks led the way, with the Russell 2000 up 14.3% and the Nasdaq up 12.5%. The SPX and Dow are up 10.4% and 10.1% respectively. During the stretch between December 26th and January 17th, the Russell 2000 index experienced only two down days.Make no mistake, this is primarily a vicious short-covering and hedge fund...Read More
The FTSE100 closed lower as British prime minister Theresa May has to come up with a "Brexit Plan B" after her government survived a no-confidence vote.Precious metals miner Fresnillo (LSE: FRES) was among those posting the biggest declines yesterday on the London Stock Exchange, down 2.96% on no news.Rio Tinto also closed lower, down 0.59%, while metals and mining stocks rose a collective 2.04% i...Read More
Trevali Mining's Caribou zinc mine in the Bathurst Mining Camp of New Brunswick. Source: Trevali Mining Corp.Trevali Mining Corp. [TV-TSX, LMA; TREVF-OTCQX; 4T1-Frankfurt] on Thursday January 17 announced a leadership change, along with weaker-than-expected production guidance for 2019.The company said CEO Mark Cruise and Chairman Mike Hoffman both plan to step down as part of a leadership transit...Read More