June 22, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold calculates what South32's acquisition offer for Arizona Mining means to the value of another company with a similar resource.On June 17th, 2018 an Australian company named South32 Ltd. (S32:ASX) agreed to buy the remaining 83% of shares in Arizona Mining Inc. (AZ:TSX) in a deal that values all of Arizona Mining at $2.1 billion Can...Read More
Another Early Warning Siren Goes OffOur friend Jonathan Tepper of research house Variant Perception (check out their blog to see some of their excellent work) recently pointed out to us that the volume of mergers and acquisitions has increased rather noticeably lately. Some color on this was provided in an article published by Reuters in late May, "Global M&A hits record $2 trillion in the year to...Read More
My Fellow Investor, During the week of July 4, Independence Day, I am going to be launching a new, premium stock-trading service - The Wealth Warrior.As part of that launch I will be releasing a special report, with a very special recommendation: a stock that could surge as much as 1,500% in the weeks ahead. And if you'd like to be among the very first readers to get an opportunity to buy it, al...Read More
Fortune Minerals Limited (TSX:FT; OTCQX:FTMDF) got featured on Resource World Magazine. The article talked about a renewed interest in the company's NICO project after a recent surge in pricing. Read full newsRead More
CloseGain/LossGold $1267.40-$2.10Silver$16.31+$0.01XAU80.89-0.43%HUI174.60-0.47%GDM609.68-0.32%JSE Gold1068.94-6.73USD94.82-0.27Euro116.12+0.29Yen91.12+0.39Oil$65.54-$0.1710-Year2.895%-0.041T-Bond143.9375+0.4375Dow2749.76-0.80%Nasdaq7712.95-0.88%S&P24461.70-0.63% The Metals: Gold dropped $8 to $1261.50 by a little after 8AM EST before it rallied back higher throughout most of trade in New...Read More
Russia adds another 600,000 oz to it's gold reserves in MayHoldings of U.S. government debt slashed in half to $48.7 billion in April'Keeping money safe' from U.S. and Trump - Danske BankTrump increasing the national debt by another 6% to $21.1 trillion in less than 18 monthsAsian nations accumulating gold as shield against dollar devaluation and trade warsRussia dumps Treasuries for gold and in...Read More
Mr. Michael Allen reportsNORTHERN EMPIRE EXPANDS POTENTIAL OF PERMITTED STERLING GOLD MINE, REPORTS POSITIVE METALLURGICAL RESULTS AND STEP-OUT DRILLING Northern Empire Resources Corp. has released positive results from metallurgical tests and stepout drilling at its fully permitted Sterling mine in Nye county, Nevada.Michael G. Allen, president and chief executive officer, stated: "We acquired th...Read More
In another team effort, AngloGold Ashanti is working with Matsa Resources through a MOU. The companies will share both valuable resources and exploration information.Read full newsRead More
Rockhaven Resources Ltd. (TSXV:RK) ("Rockhaven") is pleased to announce updated Mineral Resource estimates for the high-grade Western BRX, Central BRX, Central Klaza, and Western Klaza zones at its 100%-owned and road accessible Klaza property, located in the Dawson Range Gold Belt of southern Yukon. Read full newsRead More
Renforth Resources Inc. (CSE:RFR) ("Renforth" or the "Company") is pleased to share results obtained during our recent surface prospecting program at Parbec, where we met our main objective in the program, locating the historically mapped diorite body and determining it to be a gold bearing magnetic diorite.Read full newsRead More
Justin Meiklem, V.P. of StockhouseIt is late June, and Stockhouse traffic is trending up, suggesting that this will be the 2nd consecutive summer that bucks the usual seasonality trend. Last year we saw a strong summer turn into a record-breaking Q4 -- here are the hottest stocks on site over the ...Read full newsRead More
TORONTO, June 21 (Reuters) - M&G Investment Management, the biggest shareholder in Dalradian Resources Inc, said on Thursday it was supportive of a friendly cash takeover offer for Dalradian from private equity group Orion Mine Finance.The C$1.47 per share offer is fair, Jamie Horvat, director of global equities at M&G, told Reuters. M&G owns 12.8 percent of Dalradian.The transaction also has the...Read More
(Bloomberg) - President Donald Trump vowed to open large swaths of lands in Minnesota's remote Superior National Forest to mining, a move that could benefit a copper-nickel mine being pursued by Antofagasta Plc subsidiary Twin Metals Minnesota LLC.Speaking at a rally in Duluth, Minnesota, on Wednesday, Trump said his administration would soon be "taking the first steps" to rescind a move made in t...Read More
LUSAKA, June 21 (Reuters) - Zambia plans to introduce electricity tariffs that reflect the cost of production by the end of this year, a senior government official said on Thursday, a move that could increase costs for economically vital mining firms that currently pay a flat price.In 2015 and 2016, Zambia experienced a critical shortage of electricity of up to 600 megawatts due poor rainfall in a...Read More
LONDON, June 21 (Reuters) - Russian miner Petropavlovsk's largest shareholder, who is calling for an overhaul of the board, has written to fellow shareholders, setting out plans to sell the company's stake in an iron ore unit and to draw up deal targets in the gold sector.The company holds its annual general meeting in London on June 29, when, only a year after the previous board was toppled, shar...Read More
Mr. Jim Payne reportsDYNACERT ANNOUNCES NEW HG145 ORDERS AND NEW DEALERSDynaCERT Inc. hasprovide the following updates.India bus market DynaCERThas received, after a successful trial program, a new order, with deposit, for HydraGEN units and the signing of the company's standard non-exclusive dealer agreement for the India market, where a total of 114 HG145 units are to be delivered. A HG145 unit...Read More
GENEVA, June 21 (Reuters) - Japan has launched a complaint at the World Trade Organization to challenge South Korean anti-dumping duties on Japanese stainless steel bars, a WTO filing showed on Thursday.Japan said a South Korean "sunset review" had concluded the duties should stay in place, but South Korea had failed to make the case that prolonging the duties would comply with WTO rules.South Kor...Read More
Miners laid off, mines closing, losses mounting-a huge headache for President RamaphosaRead full newsRead More
Mr. Josh Crumb reportsGOLDMONEY ANNOUNCES DEALING AND INSTITUTIONAL CRYPTO CUSTODY PARTNERSHIP WITH MALBEX Goldmoney Inc. and Malbex Resources Inc. (soon to be renamed COIN Hodl Inc.) have formed a dealing and third party custodian partnership. Through the new partnership, Goldmoney will facilitate all purchases and sales of cryptocurrencies. Goldmoney's subsidiary, BlockVault Inc., will act as a...Read More