In a signal that President Vladimir Putin has chosen to maintain Russia's political status quo, damn the western sanction torpedoes, today Dmitry Medvedev was re-appointed as Russia's prime minister.Read full newsRead More
Dr. Morgan Poliquin reportsALMADEX SHAREHOLDERS APPROVE SPINOUT TRANSACTION; ALMADEX UPDATES TRANSACTION TIMING Shareholders at Almadex Minerals Ltd.'s special meeting of shareholders held today in Vancouver have voted 99.97 per cent in favour of a special resolution approving a statutory plan of arrangement under Section 288 of the Business Corporations Act (British Columbia) to spin out Almadex'...Read More
When the management team of Durango Resources Inc. (TSX: V.DGO, OTCQB: ATOXF, Forum) sat down in the Stockhouse boardroom for a meeting with Stockhouse Editorial, two phrases cropped up again and again: "getting busy" and "drill ready". Experienced mining investors will already like the sound of tha...Read full newsRead More
By Yianni SakarellosThe Dow Jones Industrial AverageInvestors experienced highly volatile equity markets in Q1 2018, with the Dow Jones Industrial Average (DJIA) plunging 1,600 points at its session lows on February 5, 2018. The DJIA closed down 1,175 points that day, its worst point decline in history.Market participants were and still are primarily fearing uncertainty stemming from the new Feder...Read More
Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) ('Signature' or the 'Company') is pleased to announce that it has appoint Dr. Dimitrios Kostopoulos to its advisory board.Read full newsRead More
With limited upside for precious metal prices, miners are refocusing on productivity, says Nathan Flesher, who works for McKinsey's mining arm.Gold miners are looking at a rangebound price for bullion at the $1,300/oz level. But with a limited outlook for any significant moves for gold upwards, miners must generate more output from capital spent to attract investor interest. Flesher says measu...Read More
Do you think penny stocks are best left to amateur traders who don’t understand that cheap stocks are cheap for a reason? It’s not an entirely unfair assessment. Many of these young (and doomed companies) are the beneficiaries of great sales pitches, but their investors often end up suffering buyer’s remorse.It’s a misnomer, however, to think all penny stocks — let&rs...Read More
Ontario is creating jobs and boosting economic growth and prosperity for Northerners through recent investments from the province's Northern Ontario Heritage Fund Corporation (NOHFC). In 2017-18, the province invested more than $188 million through the NOHFC into more than 950 projects in 145 communities across the North, leveraging more than $964 million in direct economic activity and helping t...Read More
Manufacturers, particularly in the technology and automotive sectors, are under increasing pressure from customers to demonstrate that products are made with responsibly-sourced materials. Transparent supply chains that trace where the materials come from and what practices were used to produce them are expected by shareholders and the public. But unlike similar programs gaining momentum in other...Read More
By David Byers, Interim Chief Executive, Minerals Council of AustraliaThe 2018-19 Budget's economic and fiscal outlook is once again heavily reliant on strong growth in resources exports and a significant contribution by the mining sector to rising government tax receipts.With resources accounting for a record $207 billion in exports in 2017 - more than half Australia's total export earnings - it...Read More
LUBIN, Poland, May 8 (Reuters) - One of the world's biggest copper miners, KGHM Polska Miedz SA, expects this year's consolidated net profit to match or exceed last year's result despite lower capacity, acting Chief Executive Officer Rafal Pawelczak said on Tuesday.Last year group's net profit amounted to 1.57 billion zloty ($434.58 million), but this year the company had to close one of its produ...Read More
OTTAWA, May 8, 2018 /CNW/ - The Mining Association of Canada (MAC) has awarded Vale's Sudbury Operations in Ontario and IAMGOLD's Essakane Gold Mine in Burkina Faso with TSM Excellence Awards for their innovative sustainability projects. The companies were recognized with the awards yesterday at the CIM Awards Gala in Vancouver."We congratulate Vale and IAMGOLD for their outstanding projects. Toge...Read More
TORONTO, May 8, 2018 /CNW/ - The Green Ontario Fund has announced details of the much-anticipated rebate program for solar PV and energy storage installations. This program will provide qualifying businesses $0.75 per watt for solar panel installations up to 500 kW (AC). Commercial and industrial buildings, which account for nearly 25 per cent of the province's greenhouse gas emissions, can now be...Read More
Mr. Jeff Husseyof Osisko Metals reportsOSISKO METALS INTERSECTS 8.45 % ZINC+LEAD OVER 8.25 METRES AT PINE POINTOsisko Metals Inc. has released assay results from 27 shallow drill holes completed in the L27 deposit area. Drill hole EM-18-PP-017 intersected 7.05 per cent zinc and 1.40 per cent lead over 8.25 metres. The L27 deposit is located 3.8 kilometres northeast of L36, which was reported previ...Read More
Royal Dutch Shell (LON:RDSA) is selling its entire stake in Canadian Natural Resources (TSX:CNQ) for about $3.3 billion, as part of a planned exit from Canada's oil sands sector.The Dutch giant, the world's second largest publicly traded oil company, said it would use proceeds of the sale of almost 98 million shares - about 8% of CNR - to pay down debt.Shell obtained its stake in CNR last yea...Read More
China, for its part, has neither confirmed nor denied the existence of the missiles...Read full newsRead More
HeRead full newsRead More
Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More
Companies team up after lack of engagement by Nevsun managementRead full newsRead More
Seven miners were killed at Sibanye-Stillwater's Masakhane mine while six others are recovering in hospital after being trapped underground for two days, the company said on Saturday.Read full newsRead More