(Bloomberg) - A troubled 2018 so far for billionaire Anil Agarwal's Vedanta Ltd. may get worse amid concern that its key copper smelter in southern India could remain shut until 2019, further pressuring a stock that's down 25 percent since the start of the year.Deadly protests last week over alleged pollution from the Tuticorin smelter have prolonged a shutdown of the 400,000 metric ton-a-year op...Read More
Authorities from the southern Indian state of Tamil Nadu have ordered the permanent closure of the country's largest copper smelter, controlled by Vedanta Resources (LON:VED), after a new round of violent protests against the plant ended last week with police killing 13 people.Locals disapprove the expansion of the group's Sterlite Copper plant at Thootukudi, in Tamil Nadu, because they blame it o...Read More
Mr. John Watson reportsNV GOLD SHARES LISTED ON OTC ARE NOW DTC ELIGIBLENV Gold Corp. has been issued DTC (Depository Trust Company) eligibility and now trades in the United States on OTC Markets under the symbol NVGLF.DTC eligibility was obtained by the company to support its existing U.S. shareholder base and to facilitate trading in the over-the-counter (OTC) markets.The company also hopes this...Read More
The Italian political chaos just went from bad to worse after the country's president effectively sided with Europe and vetoed the choice of the Italian people.Read full newsRead More
USA: Gewaltiger #Cannabis-Boom l??sst Preise einbrechenRead full newsRead More
TORONTO, May 24, 2018-- Red Pine Exploration Inc. announces results from nine drill holes at its Wawa Gold Project, located approximately 2 kilometres east of Wawa, Ontario. The drill holes were part of ...Read full newsRead More
Vancouver, BC - Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company"), is pleased to announce that it has completed a non-brokered private placement offering (the "Offering"), raising gross proceeds of CA$2,143,050.The net proceeds of the Offering will be used for exploration and development of the Company's Graphite Creek Project and for general working ca...Read More
A gold exploration proposal near Yellowstone National Park faced a significant setback as a judge blamed Montana officials for understating the potential for mining to harm land, water and wildlife. The ruling released Friday means the Montana Department of Environmental Quality would have...Read full newsRead More
Mr. Ralph Shearing reportsTELSON MINING CORPORATION ANNOUNCES GRADUATION TO TIER 1 OF THE TSX VENTURE EXCHANGETelson Mining Corp. has been approved for graduation from Tier 2 issuer status to Tier 1 issuer status by the TSX Venture Exchange. Telson will commence trading as a Tier 1 issuer on the TSX Venture Exchange on Tuesday, May 29, 2018. Tier 1 is the premier tier on the TSX Venture Exchange a...Read More
Two illegal miners from Madondo Village, under Chief Serima in Gutu, were recently found dead in a goldmine where they were prospecting for the precious mineral.Read full newsRead More
Angkor Gold Corp. (ANK.V) (ANKOF) ("Angkor" or "the Company") President J.P. Dau is pleased to provide an update regarding progress recently observed at the Mesco mine site.In 2013 Angkor sold for $1.8 million US in cash a 12 km2 portion of its Oyadao South Exploration Licence, known as Phum SyarungRead full newsRead More
A gold exploration proposal near Yellowstone National Park faced a significant setback as a judge blamed Montana officials for understating the potential for mining to harm land, water and wildlife. The ruling released Friday means the Montana Department of Environmental Quality would have...Read full newsRead More
TORONTO, May 24, 2018-- Red Pine Exploration Inc. announces results from nine drill holes at its Wawa Gold Project, located approximately 2 kilometres east of Wawa, Ontario. The drill holes were part of ...Read full newsRead More
Canada's Millbrook Minerals has recently inked an historic deal with Cuban state mining company GeoMinera S.A. to explore and develop three former cobre-zinc-silver-gold producing assets in the country.The agreement makes the Ontario-based privately held miner the first Canadian firm to sign a deal in Cuba since the mid 90's. It also establishes it as the first company to sign an International Ec...Read More
China's state-owned Chinalco is set to close the gap on privately run China Hongqiao Group , the world's top aluminium producer, after sealing a deal with the Yunnan government that gives it access to more smelting capacity.Yunnan Metallurgical Group, which controls Yunnan Aluminium Co Ltd, will be merged into China Copper Co, a joint venture between Chinalco and the Yunnan provincial government,...Read More
Australian iron ore producer Fortescue Metals Group (ASX:FMG) is going ahead with its plans to build a new $1.3 billion mine in the Pilbara region, which will lift the grade of its ores and so satisfy the new demands of its biggest customer, China, which is increasingly asking for higher quality ore for steel mills to help cut smog.The Eliwana iron ore mine will use the latest technology, includin...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. In a holiday-shortened trading week, the Index leapt as trading began on Tuesday and notched a brand new all-time intra-day high at 1319.29. However, it corrected sharply from its heavily overbought position and ended the week below the key 1300 level. In all, the Index fell 1.5% to clos...Read More
Over the last month, I've received numerous questions pertaining to the direction of the gold price. The fact is, I don't have a crystal ball and, while I believe we will see higher gold prices in the future, I have no idea when, and really, I don't care.Why? Simply, I don't invest in junior mining companies because I believe the price of gold is going to go up. I believe you invest in junior mini...Read More
It's little wonder that financial commentators are talking about a stalled bull market. With talk of trade wars, the possibility of conflict in global hotspots, rising interest rates, and increasing challenges in the real estate sector, the current outlook for the world economy is uncertain to say the least.With the additional market stressor of rising fuel prices, let's look now at "one strong co...Read More
It has been a tough few years for one-time high-flying uranium miner Cameco Corp. (TSX:CCO)(NYSE:CCJ). Over the last five years, its value has plummeted by 38% after nuclear power fell into disfavour after the 2011 Fukushima disaster in Japan, which caused the price of uranium to collapse. Since then, uranium has remained caught in a protracted slump, despite claims by industry insiders and analys...Read More