Canada's Cameco Corp. extended the shutdown of one of the world's biggest uranium mines indefinitely and announced it will fire most workers at the operation until a global supply glut eases.Read full newsRead More
Chile's Pampa Calichera, one of the companies through which businessman Julio Ponce holds his ownership stake in lithium producer SQM, said it sold bonds in the local market on Friday for the equivalent of $275 million.The bond had an annual interest rate of 4.5 percent and a duration of 15 years, Calichera said in a note to the market regulator.SQM is one of the world's largest producers of lithi...Read More
Caterpillar (NYSE:CAT), the world's No.1 heavy machinery maker, announced today that its worldwide machine retail sales rose 25 per cent Y/Y for the rolling three-month period ending in June.The positive results were driven by the company's energy and transportation retail sales, which grew 14 per cent in the latest rolling three-month period. Such hike was mostly driven by a 30 per cent increase...Read More
Caterpillar (NYSE:CAT), the world's No.1 heavy machinery maker, announced today that its worldwide machine retail sales rose 25 per cent Y/Y for the rolling three-month period ending in June.The positive results were driven by the company's energy and transportation retail sales, which grew 14 per cent in the latest rolling three-month period. Such hike was mostly driven by a 30 per cent increase...Read More
A 42.26-carat diamond recovered by Canadian junior Tango Mining (TSXV: TGV) fetched almost half a million dollars at the Kimberley Diamond Exchange, the company announced today.In detail, the gem was sold on tender for $11,267 per carat.The unnamed diamond was recovered from run of mine gravel at the company's Oena mine, an 8,800-hectare operation located on the lower Orange River, Northern Cape P...Read More
A 42.26-carat diamond recovered by Canadian junior Tango Mining (TSXV: TGV) fetched almost half a million dollars at the Kimberley Diamond Exchange, the company announced today.In detail, the gem was sold on tender for $11,267 per carat.The unnamed diamond was recovered from run of mine gravel at the company's Oena mine, an 8,800-hectare operation located on the lower Orange River, Northern Cape P...Read More
"#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #breakingnews #mining #cobalt #cleanenergyCanada Cobalt Works (@canadacobalt) (TSX-V: $CCW // OTCPK: $TAKRF) Launches Pilot Plant, Closes $1.5 Million Financing [https://t.co/sG5BSAkWak]"Read full newsRead More
"Mining equities analyst @JayantBhandari5 shares his thoughts on preferred mining jurisdictions and current picks including FPX #Nickel Corp.https://t.co/ssc1nvAI5p"Read full newsRead More
TORONTO/MELBOURNE July 27 (Reuters) - Two large shareholders in Canada's Ecobalt Solutions Inc are calling for a change in senior management or the launch of a sales process, saying ongoing mine development delays are wasting a windfall from high battery sector demand.Australian hedge fund Tribeca Investment Partners, which said it owns about 6 percent of Ecobalt's stock, said share declines stem...Read More
Zinc has fared worst in the industrial metals rout.Read full newsRead More
Zinc has fared worst in the industrial metals rout.Read full newsRead More
"#POTstocks #investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #breakingnews LiveWell (@LiveWellCanada) (TSXV: $LVWL) gains interest of Government of Qu?(C)bec in financing its world-class Research and Innovation Centre ??'?[https://t.co/TDWfwfJbMf]"Read full newsRead More
Firesteel Resources (TSXV:FTR) (Read full newsRead More
NEW DELHI, July 27 (Reuters) - Indian state-owned miner NMDC is the highest bidder in a government e-auction for a gold mine in the southern state of Andhra Pradesh, beating resources conglomerates Vedanta and Adani, NMDC Chairman Baijendra Kumar told Reuters.NMDC is expected to invest about 4 billion rupees ($58.3 million) in the project, Kumar said without providing further detail on the company...Read More
SANTIAGO, July 25 (Reuters) - Chilean lithium miner SQM on Wednesday night announced the resignation of its chief executive Patricio de Solminihac.SQM said in a emailed statement that Solminihac, 63, who has been at the helm of one of the world's top lithium producers for three years and with the company for 30 years, was leaving "for personal reasons" on Dec. 31 this year.He will be replaced by R...Read More
Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo.Read full newsRead More
LONDON, July 27 (Reuters) - Billionaire Anil Agarwal in July said he planned to offer around $1 billion to take London-listed Vedanta Resources Plc private, a move that has rekindled speculation his ultimate aim is a deal with miner Anglo-American.Agarwal's Volcan family trust has until July 30 to make a firm offer or walk away from the deal, which would leave Vedanta listed only in India.Why the...Read More
Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo.Read full newsRead More
The best bet for the Trump rally to keep its legs is to see value stocks assume market leadership over growth. As I explain in my broadcast this week with Jim Goddard, if investors believe that strong second quarter growth is sustainable, they will see little need to pay premium valuations for stocks like Amazon (Mostly Sunny; AMZN). Instead, they will look for inexpensive stocks that can benefit...Read More
The Quellaveco copper project, 60% owned by Anglo American and 40% by Mitsubishi and located in Peru, was approved yesterday.Anglo American (LON:AAL) stock was mostly unchanged at GBP1,691.40 (US$22.15) a share.The estimated capital cost for the project ranges between $5.0 to $5.3 billion.The company expects a post tax IRR of greater than 15% with a four-year payback and an EBITDA margin of more...Read More