Deals in the cannabis space are now coming fast and furious.So much so that I've had to budget more daily time to reading dealflow news.The reason is simple: Canada recently legalized recreational cannabis nationwide. It is the first major industrialized nation to do so and, the thinking goes, dominoes will now fall across the world.As such, established weed companies have gone on buying sprees as...Read More
CloseGain/LossGold $1255.50-$2.70Silver$16.06-$0.05XAU83.54+0.31%HUI179.70+0.49%GDM629.57-0.03%JSE Gold1077.79+1.72USD94.14+0.04Euro117.47UNCHYen89.92-0.34Oil$74.11+$0.2610-Year2.863%+0.002T-Bond145.0625-0.0625Dow24919.66+0.58%Nasdaq7759.20+0.04%S&P2793.84+0.35% The Metals: Gold fell $10.80 to $1247.40 in London before it bounced back higher in New York, but it still ended with a loss of 0...Read More
- "Chaotic" Brexit more likely after Davis, Johnson resignations from UK government- London's rivals are slowly carving chunks out of its financial services business- UK's Brexit options are increasingly unappealing which may pressure the pound- Already Frankfurt, Paris, Luxembourg and Dublin seeing more foreign direct investment and financial services jobs- Risk of "death by a thousand cuts"...Read More
Political developments in the UK and the NATO summit will affect currencies as well as metals and energies. If gold and silver fall today, then physical buyers will be absent as they will be waiting for more correction. Today and tomorrow are crucial days for gold, silver and copper. They need to float over current prices to rise further. Sharp short-term corrections (if any) in gold and silver...Read More
Prime Meridian Resources Corp. (Read full newsRead More
Lions Bay Files Early Warning Report Pursuant to National InstrumentRead full newsRead More
In the first of three interviews with experts in the field, the Investing News Network talks with Rick Rule about what makes jurisdictions risky for miners and investors.Read full newsRead More
(Bloomberg) - China's goal of putting more electric cars on the road is proving a bonanza for a South Korean tycoon.Huh Chin-kyu, the 77-year-old founder and chairman of Seoul-based Iljin Group, has become his country's latest billionaire thanks to increasing demand for the firm's copper coils, a key component of rechargeable batteries used in electric vehicles. The company's Iljin Materials unit...Read More
Tesla Inc. and the Shanghai government have left out a crucial detail in announcing a groundbreaking deal for the biggest name in electric cars to build its vehicles in China: how much it's all going to cost.Read full newsRead More
Granada Gold Mine Inc. (TSXV:GGM;OTCPK:GBBFF;FRA:B6D) (Read full newsRead More
Glacier Lake Resources Inc. (TSXV:GLI) - ("Glacier" or the "Company") announces the start of a reconnaissance exploration program on its wholly owned "Hackett Property" located in the Sheslay area of northwestern B.C.Read full newsRead More
Mr. Robert Carrington reportsNEWRANGE GOLD CORP. ANNOUNCES PHASE III STEP OUT DRILLING EXTENDS GOLD MINERALIZATION TO 0.5 KM ALONG TREND AT PAMLICO PROJECT, NEVADANewrange Gold Corp. has released phase III drill results, whichhave extended the mineralized gold trend to approximately 1,600 feet (488 metres) on strike to the southeast from the Merritt decline area along Pamlico Ridge. This latest ro...Read More
(Bloomberg) - Standing high on top of a windswept dune in the West Texas plains, Greg Edwards stares out into a vast ocean of sand. It stretches in every direction, interrupted only by an occasional strip of asphalt or clusters of silos that rise high into the sky.Edwards runs a frack-sand mine. And those silos mark the presence of his rivals, who suddenly seem to be popping up everywhere. As he...Read More
July 10 (Reuters) - Australia's Mineral Deposits on Tuesday recommended shareholders accept a revised takeover offer from Eramet, noting that the French company had built up a stake that made it the largest shareholder in the mineral sands producer.Mineral Deposits had rejected the revised A$345 million ($256.85 million) offer in June, saying it still undervalued the company.The turnaround in reco...Read More
Open Mineral says smart contracts can cut some of the pain in shipping metals all over the worldRead full newsRead More
MANILA, July 10 (Reuters) - The Philippines' nickel ore exports could drop by up to 17 percent this year as weaker prices curb output in the world's second-biggest supplier, the head of a nickel mining industry group said on Tuesday.Shipments of nickel ore, used to make stainless steel, could fall to 30-35 million tonnes from 36 million tonnes in 2017, Dante Bravo, president of the Philippine Nick...Read More
Tesla's North American assembly lines are humming at last but the electric vehicle company's plans for Asia dwarves its current operations.Reuters quotes local Chinese media on Tuesday as saying the Californian company has signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars:The Shanghai government made the anno...Read More
Tesla's North American assembly lines are humming at last but the electric vehicle company's plans for Asia dwarves its current operations.Reuters quotes local Chinese media on Tuesday as saying the Californian company has signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars:The Shanghai government made the anno...Read More
Newrange Gold Corp. has been halted at 6:41 a.m. PT on July 10, 2018, at the company's request, pending news.© 2018 Canjex Publishing Ltd. All rights reserved.Read More
Lithium exports from Chile, the country's with the largest known reserves of the white metal in the world, jumped in 2017 becoming its fourth largest mining export behind copper, molybdenum and iron ore.Lithium exports hit $684.2 million last year, up 47% from $465 million in 2016.Shipments of the key ingredient for making batteries that power electric vehicles (EVs) and high tech devices, hit $6...Read More