South Africa's state-owned power utility refused to renegotiate a coal deal with a mine owned by Glencore Plc's local unit and tried to penalize it for supplying sub-standard fuel, resulting in the operation being placed in bankruptcy protection and being sold, a former head of the business said."It was a stonewall negotiation. It wasn't a discussion, it was a position."The Optimum coal mine suppl...Read More
* U.N. meeting in Jamaica to work on deep sea mining law* China holds most licences, Belgium has technological edge* DeepGreen has partnership with Denmark's Maersk* DEME unit Global Sea Mineral Resources tests technologyBelgian group DEME and Canada's DeepGreen are carrying out tests and research to collect nodules containing copper, cobalt and other minerals from the ocean floor, as a race to mi...Read More
TerraX Minerals (TSXV: TXR) announced that the Mackenzie Valley Land and Water Board in Yellowknife, Canada, issued a Land Use Permit that approves the company's exploration plan on all the land holdings of its Yellowknife City Gold property.The new permit, effective until January 2024 and extendible to 2026, replaces two previous ones that covered a smaller area. It also provides for water usage...Read More
Exyn Technologies and Dundee Precious Metals (TSX:DPM) announced this week that they have joined forces to automate the latter's underground gold mining operations.The first step to achieving such a goal was that Exyn's Autonomy Aerial Robots or A3Rs were made commercially available, a development that took place in the past days.According to the tech company, A3Rs comprise a fully autonomous aeri...Read More
Mining giant Rio Tinto's (ASX, LON:RIO) relentless search for a major copper deposit may have finally paid off as it announced it had made a promising find at its Winu prospect in Western Australia."It is early days and we have more work to do, but the initial results from drilling are pretty encouraging," Chief Executive Jean-S?(C)bastien Jacques said on Wednesday, after Rio posted its highest an...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") a children's apparel brand with a focus on environmentally responsible clothes that are intentionally designed to inspire play, today announced that the Company's Chief Executive Officer, Traci Costa, will present at the upcoming Gravitas Growth Conference, which is being held on February 28, 201...Read More
"$FB - Facebook, Inc. (FB) Management Presents at Morgan Stanley 2019 Technology, Media and Telecom Conference (Transcript) https://t.co/ur2xEzEIE9"Read full newsRead More
The offer raises the potential for a three-way fight between some of the world's largest gold miners.Read full newsRead More
Barrick Gold Corp's chief executive defended the world's largest gold ...Read full newsRead More
The biggest driver of major markets right now is the possibility of a U.S.-China trade deal.On that note, please click here now. The U.S. government's wild launch of tariff taxes caused global markets to swoon in the first half of 2018. Gold and the Chinese stock market were hurt more than a lot of other markets.Gold has done well with QE, QT, falling rates, and rising rates, but tariff taxes...Read More
Mining, agri materials, and tech: which of these three Canadian industries can offer investors the greatest knock-on upside potential through high growth in earnings? Let's take a look at one key TSX-listed stock from each of these three high-performing domestic industries and see which buoyant ticker is most likely to reward the gutsy investor with capital gains further down the road.Shopify (TSX...Read More
Led by the team behind the development of the La Arena gold mine in Peru, Rio2 intends to use the proceeds at its Fenix gold project in Chile, which it acquired in July 2018 through its merger with Atacama Pacific Gold Corp.Rio2 had announced plans earlier this month to raise between $3-$5 million by issuing up to 10.9 million units at 46c but now plans to issue 15.2 million at the same price, say...Read More
The Choco Precious Metal Project in Colombia. Source Max Resource Corp.Max Resource Corp. [TSXV: MXR, OTC: MXROF, FSE: M1D1] (“MAX” or the “Company”) is pleased to report the results of a “cloud stitched” Long Wave InfraRed (LWIR) survey over a 1,000 sq. km area within the Company’s 1,757 sq. km “Choco Gold Bearing Conglomerate Project”, locate...Read More
Hand sample from Nasigon NE showing disseminated copper minerals (bornite, covellite, malachite) in calc-silicate rock at the Mitchi Project in Quebec. Source: Kintavar Exploration Inc.Kintavar Exploration Inc. [KTR-TSXV] shares were active Wednesday February 27 after the company released final assays from 2018 drilling on its Mitchi property in Quebec."We are very excited with these final result...Read More
The 60,000 tonne-per-day Mount Milligan open pit, copper-gold mine is located approximately 90 miles northwest of Prince George in central British Columbia, Canada. Source: Centerra Gold Inc.Centerra Gold Inc. [CG-TSX; CAGDF-OTC] on Wednesday February 27 announced positive news in relation to its bid to secure a vital supply of water for its Mount Milligan copper-gold mine in British Columbia.The...Read More
Carnotite Mineralization found at ANIT. Source: Blue Sky Uranium Corp.Blue Sky Uranium Corp. [TSX-V: BSK, FSE: MAL2; OTC: BKUCF], (“Blue Sky” or the “Company“) is pleased to announce the results of the first Preliminary Economic Assessment ("PEA") for the Ivana Uranium-Vanadium deposit at the Company's 100% owned Amarillo Grande Project in Rio Negro Province, Argentina. T...Read More
And the consolidation in the cannabis industry continues.We got word today that Curaleaf Holdings (OTCBB: CURLF) (CSE: CURA) is acquiring Eureka Investment Partners for $30.5 million.With this acquisition, Curaleaf will get access to California's wholesale market through a 110,000 square foot greenhouse facility in Salinas, CA, with the potential for a 270,000 square foot expansion. Combined, this...Read More
Sometimes all a successful investor needs is a little patience... and just the right amount of luck.Ask yourself what you were doing when you were about 11 years old.Perhaps you were stuck in a classroom with your friends counting down the seconds until the end of the day. Or maybe you had spent your last $0.40 hoping to find that 1990 Upper Deck card of Andres Galarraga that you'd been hunting.Ma...Read More
During the Canadian Mining Hall of Fame's induction ceremony held in Toronto in January, master of ceremonies and Franco-Nevada chairman Pierre Lassonde shared a story of a fateful encounter he once had with Brian Meikle, the late Barrick Gold geologist. Meikle was one of the five inductees of the evening, in part for his role in discovering Barrick's company-making Goldstrike gold deposit in Neva...Read More
Months after acquiring the world's first pure cobalt stream for US$300 million on Vale's Voisey's Bay nickel-copper-cobalt mine in Labrador, Cobalt 27 Capital Corp. (TSXV: KBLT; US-OTC: CBLLF) is adding substantially to its portfolio of battery metal assets.In January 2019, the company struck a deal to acquire Australian explorer, developer and miner Highlands Pacific Limited. Highlands' key asset...Read More