Japan's government wants all Japanese carmakers to shift to electric vehicle production by around 2050.Read full newsRead More
Is a spike in core inflation imminent? According to one of the Fed's less followed indicators, the answer is yes.Read full newsRead More
Bonterra Resources Inc. (TSXV:BTR, OTCQX:BONXF, FSE:9BR1) (theRead full newsRead More
Last week's other top-gaining stocks on the TSXV were Eskay Mining, NV Gold, Virginia Energy and Sarama Resources.Read full newsRead More
After a gravity-defying run, nickel has now also succumbed to weakness in the industrial metals complex as global trade fears mount, declining to $14,125 per tonne on Monday.The metal, mainly used in stainless steel manufacture, is down 10% or more than $1,600 a tonne from more than three-year highs hit on the LME a month ago.Nickel is still up by 62% compared to its June 2017 lows, mostly on the...Read More
Chilean Metals Inc. has closed as of today subscriptions and funds totaling $1,636,390 dollars.Read full newsRead More
It’s been an exciting couple of weeks for New Concept Energy, Inc. (NYSEAMERICAN:GBR). GBR stock had almost continuously traded under the $2/share mark dating back to late 2016. Trading volume was light, and it looked like New Concept was doomed to remain a penny stock for the indefinite future.However, all that changed starting June 28th. On that day, GBR stock doubled for no appa...Read More
Canyon Copper Corp. (TSXV:CNC) The Company announces that it plans to change its name to "Searchlight Resources Inc." and the trading symbol will change (formerly "CNC") to better reflect the Company's focus on gold, cobalt and base metal projects located in Saskatchewan, Ontario and Nevada. Read full newsRead More
Mr. Nav Dhaliwal of Bonterra reports BONTERRA SIGNS DEFINITIVE AGREEMENT WITH BEAUFIELD RESOURCES INC.Further to its news release of May 23, 2018, Bonterra Resources Inc. has now completed and entered into an option agreement with Beaufield Resources Inc., whereby Beaufield has granted the company an option to acquire a 70-per-cent interest in 81 strategic mineral claims totalling 3,590 hectares,...Read More
(Bloomberg) - Impala Platinum Holdings Ltd. is facing some tough choices as the South African miner works to stem losses at aging shafts amid slumping prices for the metal.The world's second-largest producer has already cut 2,500 jobs in the year through June and says there may be more to come. Only three of the 10 shafts at its sprawling Rustenburg mining complex were making money as of March. T...Read More
(Bloomberg) - BP Plc has emerged as the front-runner to buy BHP Billiton Ltd.'s onshore oil and gas operations in the U.S., according to a person familiar with the matter.The London-based oil major has made the highest offer for the assets, which BHP prefers selling in a single package, said the person, who asked to not be identified because the matter isn't public.A deal hasn't been completed an...Read More
MELBOURNE, July 9 (Reuters) - Canadian miner Barrick Gold Corp and China's Shandong Gold on Monday said they would deepen cooperation beyond their Argentinian joint venture, potentially working together on acquisitions.Barrick Gold, the world's largest producer of bullion, last year signed a near billion-dollar deal to sell Shandong a 50-percent stake in its Veladero mine in Argentina. The develop...Read More
Metals and minerals prices have come a long way since hitting multi-year lows late-2015, early 2016.Copper is up by nearly half, recent weakness notwithstanding. Zinc's nearly doubled since then and nickel bulls (suddenly aplenty) have achieved the same for devil's copper, the only major metal in positive territory for 2018.Gold has gained 20% from lows hit mid-December 2015; technically a bull...Read More
July 9 (Reuters) - Miner Yancoal Australia said on Monday that production at the Austar coking coal mine in New South Wales state would be halted until it resolves a dispute with the state regulator over a resumption of operations.Yancoal said it will start standing down employees, and is aiming to redeploy most workers to other underground operations owned by the company.The miner is seeking a re...Read More
Impala Platinum Holdings Ltd. is facing some tough choices as the South African miner works to stem losses at aging shafts amid slumping prices for the metal.Read full newsRead More
The world's biggest lithium deposit is in Western Australia. Peter Newman describes the potential lithium holds for jobs and the economy.Read full newsRead More
Ongoing development drilling has returned exceptional lead, silver and gold grades.Read full newsRead More
After spooking investors in January with worrisome production results, Pretium Resources (TSX:PVG) said it produced 111,340 oz of gold in the second quarter sending the stock 13 per cent higher to $11.99 a share.The company said it had a 14.9 grams per tonne gold mill feed grade and a 97.7% gold recovery rate."With more than 187,000 ounces produced in the first half of 2018, we have delivered on o...Read More
After spooking investors in January with worrisome production results, Pretium Resources (TSX:PVG) said it produced 111,340 oz of gold in the second quarter sending the stock 13 per cent higher to $11.99 a share.The company said it had a 14.9 grams per tonne gold mill feed grade and a 97.7% gold recovery rate."With more than 187,000 ounces produced in the first half of 2018, we have delivered on o...Read More
Tiger Resources will not be selling its Democratic Republic of the Congo mining and exploration assets to Sinomine HK for $260M.Tiger Resources said on Friday that terms acceptable to the company were not acheived and it issued a notice of termination to Sinomine HK.The assets comprised of the Kipoi Project, Lupoto Project and La Patience permit. Announcing the sale in January, Tiger said it was f...Read More