Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, is stepping up its "green" efforts by signing a 10-year natural gas supply contract in the Dominican Republic that will enable the conversion of the power plant feeding the company's Pueblo Viejo mine from heavy fuel oil to natural gas, generating key cost-savings at the same time.Thanks to the agreement between the mine o...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index finally smashed its way through major resistance at 1292-94, as I forecast would happen in last week's technical review. Indeed, the Index surged as high as 1308.11, setting a new all-time high on Friday, before closing at 1299.05 for a gain of 7...Read More
The tale of woe continues for beaten-down precious metals miner Tahoe Resources Inc. (TSX:THO)(NYSE:TAHO). After being forced to cease operations at its flagship Escobal silver mine in Guatemala because of that nation's Supreme Court suspending the mine's licence in July 2017, it has been unable to recommence operations as quickly as expected. There are signs that reinstatement of the mining licen...Read More
If you've been keeping an eye on small-cap companies of late, you may have noticed something strange happening in the copper sector. Copper is not always an area of investment that folk think about, but at the moment it seems to be doing something a little peculiar. We're here to take a look at what's going on, and what it could mean for prospective investors.Copper takes a nose-dive, but is it al...Read More
The platinum market moved into a small surplus in 2017 and is expected to move further into surplus this year, as rising industrial demand is outweighed by a decline in autocatalyst consumption and lower net investment.Platinum demand fell in 2017 on lower Japanese investment buying, use in China's jewellery industry14 MAY 201814/05/2018commentsshare Johnson Matthey said its latest PGM market...Read More
Rio Tinto group head of growth and innovation Stephen McIntosh believes the pace of technological change across the mining industry is accelerating as more companies leave behind historic intransigence to transformative technology and cultural adjustment, and a fear of being left behind grows. "If we don't disrupt our own ways of thinking and operating, we can be sure someone else will do it," McI...Read More
OTTAWA - The federal Liberal government, chastised last year in an auditor's report that found a lack of oversight of Canada's controversial temporary foreign workers program, is stepping up employer inspections and naming and shaming those caught breaking the rules.Since the start of the year, roughly 1,600 employers have been flagged as "high-risk employers" and selected for inspections by the...Read More
The first brand-new car that your grandchildren will buy will be electric or hybrid - whether they like it or not.And that's because they won't have a choice...I learned to drive with a manual transmission. And to this day, I still prefer to drive a stick shift. It makes me feel like I'm more in control of the car, and I like the experience better than driving an automatic transmission.But today,...Read More
Vancouver, British Columbia - May 14, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF), ("Altamira" or the "Company") is pleased to report that the Company has claimed an additional 51,553 ha within the Juruena belt of Mato Grosso, Brazil. These new claims are located within the Santa Helena and Colider project areas and are in addit...Read More
Toronto, Ontario - May 14, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Generation Mining Limited (CSE: GENM) (the "Company") is pleased to announce that it has entered an option agreement to acquire a 100% interest in the Alberta Zinc Project. The project is located along the Mackenzie Highway approximately 80 kilometres from the town of High Level, Alberta, and has excellent infrastructure...Read More
Modern governments and industries work in collusion to control the individual. But ironically, they were only able to grow powerful by exploiting the desire to be an individual.According to Yuval Noah Harari’s book Sapiens: A Brief History of Humankind, governments started out as simple gangs, collecting protection money.Many kingdoms and empires were in truth little more than large protec...Read More
May 14, 2018 (Investorideas.com Newswire) BMO Capital Markets reviewed the latest news involving this gold miner, the announcement of Q1/18 results and a foreign government's request.In a May 8 research note, Andrew Kaip, a BMO Capital Markets analyst, reported that Kinross Gold Corp. (K:TSX; KGC:NYSE) achieved "a solid earnings beat on strong production and lower costs" in Q1/18, but concerns inv...Read More
A Colorado School of Mines professor was recently honored for his contributions to industry at the Association for Iron and Steel Technology's annual conference and exposition, held May 7-10 in Philadelphia.John Speer, John Henry Moore Distinguished Professor of Metallurgical and Materials Engineering, was presented the Benjamin F. Fairless Award, which recognizes distinguished achievement in iron...Read More
Smelting, rail and port infrastructure near Callinex's Nash Creek zinc project in New Brunswick. Source: Callinex Mines Inc.Callinex Mines Inc. [CNX-TSXV, CLLXF-OTCQX: CLLXF] on Monday May 14 released the results of an independent initial preliminary economic assessment for the company's 100%-owned Nash Creek and Superjack projects in the Bathurst Mining district of New Brunswick.Callinex has a...Read More
Location Map of LiCo Energy's Glencore Bucke and Teledyne properties near Cobalt, northeast Ontario. Source LiCo Energy Metals Inc.LiCo Energy Metals Inc. [LIC-TSXV, WCTXF-OTCQB] shares were active Monday May 14 after the company released a shareholder update to provide additional information relating to an option agreement with Surge Exploration Inc. [SUR-TSXV, CKVLF-OTCQB].Under the agreement, w...Read More
The AREVA/Denison/OURD Canada McClean Lake uranium mill in the Athabasca Basin of northern Saskatchewan. Source: Denison Mines Corp.Uranium stocks are showing signs of life after retracing the gains made in the fourth quarter of 2017 following news of production cuts by two of the world's leading producers, Cameco Corp. [CCO-TSX; CCJ-NYSE] and Kazatomprom.In a uranium sector update, Haywood Securi...Read More
Modern governments and industries work in collusion to control the individual. But ironically, they were only able to grow powerful by exploiting the desire to be an individual.According to Yuval Noah Harari’s book Sapiens: A Brief History of Humankind, governments started out as simple gangs, collecting protection money.Many kingdoms and empires were in truth little more than large protec...Read More
Just days after two teens were killed inRead full newsRead More
As the mining expo Latin America Down Under takes place in Perth, Argentina's Deputy Secretary for Sustainable Mining, Juan Biset, is visiting Australia with the idea of strengthening bilateral relationships and attracting new investments for his country's mining sector, as well as for the renewable and nuclear energy sectors.According to state-owned news agency T?(C)lam, Biset is scheduled to mee...Read More
Nuria Men?(C)ndez, managing director of Orovalle, Orvana Minerals' subsidiary in Spain, told local newspaper La Nueva Espa??a that the company has plans to reopen the Carl?(C)s gold mine, located in the Salas municipality of the Principality of Asturias, northern Spain.According to the newspaper, Men?(C)ndez explained that the mine was put under care and maintenance last year but following some ex...Read More