Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,265.82, down 23.16 points)Katanga Mining Ltd. (TSX:KAT). Miner. Up four cents, or 3.05 per cent, to $1.35 on 8.9 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 16 cents, or 1.81 per cent, to $9.02 on 7.3 million shares.Nemaska Lithium Inc. (TSX:NMX). Miner. Down one cent,...Read More
Over the past several months, I've been urging you to do your due diligence, pick your favorite uranium juniors, and get positioned now.On May 22, 2018, I wrote:The bottom line is the interest of the major state-owned entities and lowest-cost producers in the world is now to act in a manner that forces prices upwards.I anticipate more cuts and I anticipate them happening in a coordinated way throu...Read More
Mornings are usually quiet around here.You know the kind of peacefulness I'm talking about. In the wee hours of the morning, when hardly a soul is around and it's just you and your thoughts.Granted, I say usually because mine was interrupted nearly right away. It was a gruff voice from across the room that cracked the silence: "Where's oil going to be a year from today, $40 or $100?"Now, my vetera...Read More
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,265.82, down 23.16 points)Katanga Mining Ltd. (TSX:KAT). Miner. Up four cents, or 3.05 per cent, to $1.35 on 8.9 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 16 cents, or 1.81 per cent, to $9.02 on 7.3 million shares.Nemaska Lithium Inc. (TSX:NMX). Miner. Down one cent,...Read More
CALGARY - The Alberta Energy Regulator has approved a tailings pond management plan for oilsands miner Syncrude Canada despite its reliance on a remediation method that isn't endorsed by the agency.The regulator requires that all oilsands mine producers outline how they will deal with the toxic storage ponds that together cover more than 220 square kilometres and contain almost 1.2 trillion litres...Read More
CloseGain/LossGold $1296.10-$4.30Silver$16.86-$0.07XAU83.82+0.22%HUI180.26+0.05%GDM627.16-0.00%JSE Gold1060.05+0.27USD93.80+0.22Euro117.51-0.34Yen90.65-0.27Oil$66.36+$0.2610-Year2.960%+0.007T-Bond143.6875+0.03125Dow25320.73-0.01%Nasdaq7703.79+0.57%S&P2786.85+0.17% The Metals: Gold dipped $7.20 to $1293.20 in early New York trade before it bounced back to $1299.60 by late morning, but it th...Read More
Advancements in satellite imagery have made it easier for exploration companies to collect vast amounts of data on potential gold deposits.Read full newsRead More
Sandfire Resources is prepared to spend AU$72 million in a move to fully acquire assets such as the Springfield and Halloween West projects.Read full newsRead More
Spearmint Resources' (TSXV:SRJ) (Read full newsRead More
Aben Resources Ltd. (TSXV:ABN, OTCBB:ABNAF, FRA:E2L2) is pleased to announce that the Company has been granted approval by The Depository Trust Company, which is a subsidiary of the Depository Trust & Clearing Corp., and manages the electronic clearing and settlement of publicly traded companies in the United States.Read full newsRead More
Firesteel Resources Inc. (TSXV:FTR) (Read full newsRead More
(Bloomberg) - For the past year, car manufacturers, battery makers and tech companies have been racing to secure long-term supplies of cobalt, the metal whose scarcity risks upending the electric vehicle revolution.Now, Vale SA has struck the first truly large-scale, long-term contract to sell cobalt from its Voisey's Bay mine in Canada to Wheaton Precious Metals Corp. and Cobalt 27 Capital Corp....Read More
LUSAKA, June 11 (Reuters) - Vedanta Resources plans to double finished copper production at Zambia's Konkola Copper Mines (KCM) to 200,000 tonnes this year, the CEO of its Zambian unit said on Monday.KCM has ploughed more than $3 billion into the southern African country's copper mines since 2004, including a further $1 billion investment package announced last year to revamp and upgrade some mine...Read More
TORONTO, June 12, 2018 (GLOBE NEWSWIRE) - Seabridge Gold Inc (TSX:SEA) (NYSE:SA) announced today that it expects to define drill targets by year end on its 100%-owned Snowstorm Project in Northern Nevada. The 31 square mile Snowstorm Project, purchased by Seabridge in June 2017, sits at the projected intersection of three of Northern Nevada's most prolific gold belts: the Carlin Trend, the Getch...Read More
Sibanye-Stillwater said on Tuesday mine rescue teams have located the deceased body of the fourth mineworker who died at its Kloof Ikamva shaft and has suspended operations for a day there.Sibanye said on Monday five employees entered an abandoned working place at its Kloof Ikamva mine near Johannesburg and three of them were killed in an incident the company is investigating."Specialised proto te...Read More
Brazil's President Michel Temer issued Tuesday two decrees introducing key changes to the country's 50-year-old mining regulations, aimed at making the local industry more competitive and sustainable.The changes, announced by MINING.com last week, seek drawing investment to the sector while implementing rules on the collection of higher mining royalties and their distribution.Mining is regulated i...Read More
Mohave County then became a destination for mineral exploration.Read full newsRead More
Mohave County then became a destination for mineral exploration.Read full newsRead More
Australia has taken over Chile as the world's largest lithium producing nation boosted mainly by record output at two major mines, data from United States Geological Survey (USGS) shows.Down Under produced 18,700 tonnes of lithium in 2017, according to the USGS, thanks mainly to Western Australia-based mines - Galaxy Resources' Mt Cattlin and Mt Marion, owned by Neometals and China's Jiangxi Ganfe...Read More
Mr. N. Eric Fier reportsSILVERCREST INTERCEPTS 1.8 METRES @ 2,350 GPT AGEQ IN GRANADITAS VEIN; DELINEATES HIGH-GRADE FOOTPRINT AVERAGING 1.5 METRES @ 1,022 GPT AGEQSilvercrest Metals Inc. has released new drill results for the Granaditas vein and initial delineation of its high-grade footprint on the Las Chispas property located in Sonora, Mexico. The company first drilled two holes in the Granadi...Read More