Bonterra Resources (TSXV:BTR; OTCQX:BONXF, FWB:9BR1) and Metanor Resources Inc. (Read full newsRead More
Want to receive this post in your inbox every morning? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more.Read full newsRead More
Fourteen people, including a young girl, were shot after a gunman opened fire as he walked along a Toronto street, killing one before dying after an exchange of gunfire with police at 10pm on Sunday.Read full newsRead More
(Bloomberg) - Europe's biggest maker of aluminum products is narrowing Facebook Inc.'s ranking as the second-biggest corporate buyer of electricity in long-term deals.Norsk Hydro ASA sealed a power purchase agreement to buy electricity for 29 years from an offshore wind farm planned in Sweden. It's the longest duration for deals of that kind in Europe, according to data compiled by Bloomberg New...Read More
(Bloomberg) - It's getting ugly out there. Commodities are getting shaken up as investors fret about the fall-out from the global trade war, and as the White House turns up the heat against Iran. President Donald Trump just fired off a blunt, tweeting a threat to counterpart Hassan Rouhani, and U.S. Secretary of State Michael Pompeo upped the ante with his own remarks in California.Against that b...Read More
JOHANNESBURG, July 23 (Reuters) - South Africa's Harmony Gold said on Monday annual bullion production for 2018 has exceeded its guidance, boosted by its Moab Khotsong operation.Gold production was 4 percent more at 1.228 million ounces for the full-year compared with guidance of 1.18 million ounces. Harmony said its newly acquired Moab Khotsong mine produced 105,900 ounces for the four months the...Read More
Hedge fund billionaire John Paulson is stepping up his campaign against Canadian gold-miner Detour Gold. Paulson & Co. is pushing for an overhaul of Detour's board and plans to call for a speci...Read full newsRead More
NEW DELHI, July 23 (Reuters) - Ground water in Vedanta Resources' south Indian copper smelter contains heavy metals exceeding limits for drinking water, India's junior minister for water resources, Arjun Ram Meghwal, told lawmakers on Monday.The smelter was shut down in May under order of the Tamil Nadu state government after 13 people died after coming under police fire during violent protests ov...Read More
Still six months before Barrick makes a deal, Acacia forecastsRead full newsRead More
The best cheap stocks to buy now are never “sure things”. There are many stocks under $10 right now that deserve to be there and will only get cheaper.Keep in mind that share value is all relative, however, among cheap stocks as well as expensive ones.For instance, Amazon.com, Inc. (NASDAQ:AMZN) is worth about $1,430 a share right now. However, what will make it go up or down? Surely n...Read More
Barrick Gold is the undisclosed gold miner that was asked to sign a confidentiality agreement alongside activist investor John Paulson to discuss potentially buying Detour Gold, according to people familiar with the matter.While Barrick's level of interest in Detour is unclear, neither Paulson nor Barrick signed the confidentiality agreements, said the people, who asked to not be identified becaus...Read More
Rumble Resources Ltd announced that the RC drilling program at the Nemesis Project (M20/33), located 40km's north of Cue in the Murchison Goldfields of Western Australia, has been successfully completed.Read full newsRead More
Acacia sells stake in new gold mineRead full newsRead More
ELKO - Boom. Bust. Rush. Crash.Read full newsRead More
A Canadian gold-miner is facing mounting pressure from New York hedge funds to put itself on the block. Hedgie John Paulson has been pushing Detour Gold to consider a sale after learning last week ...Read full newsRead More
Mr. Nav Dhaliwal of Bonterra reportsBONTERRA AND METANOR ENTER INTO DEFINITIVE AGREEMENTBonterra Resources Inc. and Metanor Resources Inc., further to their news release dated June 18, 2018, have entered into a definitive arrangement agreement dated July 20, 2018, to combine Bonterra and Metanor to create an exciting new advanced Canadian gold exploration and development company focused on becomin...Read More
More than 3,000 Australian investors in BHP (ASX, NYSE:BHP) have turned threats into action by launching a class action against the world's No.1 miner for allegedly misleading them over the 2015 collapse of a dam at the Samarco iron ore mine in Brazil, which killed 19 people and became the country's worst ever environmental disaster.The action, led by law firm Phi Finney McDonald on behalf of BHP...Read More
"Cliffs CEO: Rio Tinto, Vale and BHP wereRead full newsRead More
Mr. Phillips Baker Jr. of Hecla reportsHECLA COMPLETES ACQUISITION OF KLONDEX MINES LTD.Hecla Mining Company has completed its acquisition of Klondex Mines Ltd. "With this acquisition, Hecla now has three high-grade mines in Nevada, one of the best mining districts in the world," said Phillips S. Baker Jr., president and chief executive officer. "These assets immediately add production and cash fl...Read More
Canada's Nutrien (TSX, NYSE:NTR), the world's largest potash miner, said Monday it was selling its 28%-stake in Arab Potash Co to China's State Development and Investment Corp (SDIC), for $502 million.SDIC Mining Investment, a subsidiary of SDIC, will become the majority shareholder in Arab Potash after the transaction, which is expected to further reduce China's reliance on potash imports and gu...Read More