Pan American Silver (TSX: PAA; NASDAQ: PAAS) acknowledged today that it had to suspend operations at its Huar??n mine, located in the Peruvian central region of Pasco.In a press release, Pan American said that activities at the site were halted on April 24, 2018, as a result of road blockades carried out by members of the nearby Huayllay community."The community members have demanded compensation...Read More
Canada's Lucara Diamond (TSX:LUC) announced today the recovery of another big diamond from its 100% owned Karowe Mine located in Botswana.The rock weighed 327 carats and it is a top white gem diamond. According to the miner, eight diamonds greater than 100 carats have now been recovered at Karowe since the beginning of the year. This includes the 472-carat diamond found earlier this month, which w...Read More
FTSE 100 up 81 points at 7,502RBS the day's worst performing blue-chip despite better-than-expected resultsInterserve completes ?200mln refinancing dealIn a return to the "bad news is good news" paradigm, London's leading shares were mostly firmer after a dismal gross domestic product reading.The FTSE 100 closed at 7,502, up 81 points, with the many big dollar earners among the constituents enjoy...Read More
Following a conciliation process between Andes Iron and Chile's Ministry of Environment, Antofagasta's First Environmental Tribunal decided to reverse a decision that forbade the Dominga copper and iron ore project from going forward.The new development means that the Environmental Assessment Commision of the central Coquimbo region now has to reassess the $2.5-billion initiative.In a press releas...Read More
A major shift of regulation in the United States is gathering momentum and removing barriers for the legalization of medicinal and recreational marijuana. Public support for marijuana legalization in the US is more popular than ever. A recent Gallup poll indicates that 64% of US voters, and 72%...Read full newsRead More
Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for April 2018 payable on May 23, 2018 to shareholders of record as of May 11, 2018.Read full newsRead More
Shares in education firm Malvern International PLC (LON:MLVN) leapt up 14.9% to 3.8p in late-afternoon trading after it said it expected to become profitable in 2018 after losses narrowed on higher revenue.In its result for 2017, the group saw pretax losses narrow to ?706,712 from ?1.3mln the year prior on revenues of ?4.08mln, up from ?4.04mln the year before.Profit performance was helped by...Read More
As readers who have been following this feature already know, Buzz on the Bullboards is our vehicle to help you keep your finger on the pulse of investor sentiment. We've been advising you of weekly Bullboard leaders - and updating you with some of the news that is driving that traffic.Now we're g...Read full newsRead More
Venzee Technologies Inc (TSXV:VENZ) reports that it has filed its audited financial statements and related management's discussion and analysis for the year ended December 31, 2017. Both are available under the Company's profile on SEDAR at www.sedar.com.Read full newsRead More
Komet Resources Inc. (TSXV:KMT) ("Komet" or the "Company") is pleased to announce that it has closed a third and final tranche of a non-brokered private placement with accredited investors by issuing 2,310,043 units of the Company ("Units") at a price of CA$0.37 per Unit, for total gross proceeds of CA$854,716 (the "Offering"). Each Unit consists of one common share of the Company (a "Common Share...Read More
Stratabound Minerals Corp. (TSXV:SB) ("Stratabound" or "the Company") is pleased to announce a non-brokered private placement (the "Private Placement") offering of $1,000,000.Read full newsRead More
Harvey Nash PLC (LON:HVN) CEO Albert Ellis and CFO Mark Garratt discuss with Proactive Investors the group's preliminary results for the year to the end of January 2018.Ellis describes the performance in the UK as outstanding given the the uncertainty sparked by Brexit.Outside of London, business was strong across the board but especially in financial services.London was mixed, with buoyant demand...Read More
Patrick Cheetham, executive chairman of Sunrise Resources Plc (LON:SRES), tells Proactive's Andrew Scott they've signed a non-binding memorandum of understanding (MOU) that will pave the way for the first sales of perlite from its CS Pozzolan-Perlite project in Nevada, USA.Cheetham says under the terms of the MOU the parties would negotiate a purchase and sales agreement to sell/buy a minimum quan...Read More
Montreal, QC, April 25 2018 - The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is proud to announce that its new Incoming President Elect for 2020-2021 will be Samantha Espley, Vale's Director of the Technical Excellence Centre of Mining and Mineral Processing."I feel honoured to be asked to lead CIM. It's an amazing feeling," said Espley, who is looking forward to the learning...Read More
(Bloomberg) - As the breeze comes in from the Baltic Sea in the Polish port of Gdansk, workers are preparing to turn sheets of hard, black steel normally used in ship sections into 500-ton tubes for offshore wind turbines.Forever known as the birthplace of the Solidarity movement that helped topple communism in eastern Europe, the former Lenin Shipyard is aiming to be at the forefront of a revolu...Read More
(Bloomberg) - The economic case for mining coal to generate electricity in the U.S. continues to fade.Arch Coal Inc., the second-largest U.S. producer by tonnage, said Thursday it was cutting production at its biggest mine, citing weak demand from power plants. The company expects output from the Black Thunder mine in Wyoming will be between 62 million and 68 million tons this year, down from 70....Read More
MOSCOW, April 27 (Reuters) - Russia's Rusal will be forced to quit the global aluminium market and focus on domestic consumers if the U.S. does not lift sanctions once an independent board is in place, a source familiar with the matter said.Washington this month imposed sanctions on billionaire Oleg Deripaska and several companies in which he is a large shareholder, including Rusal, in response to...Read More
BEIJING, April 27 (Reuters) - Jiangxi Copper Co, one of China's top copper producers, posted its biggest quarterly profit in 3-1/2 years on Friday thanks to higher copper prices.Net income for the first quarter of 2018 came in at 766 million yuan ($120.9 million), up 41.5 percent from a year earlier, the Nanchang-based company said in a filing to the Shanghai Stock Exchange.The result is the highe...Read More
STOCKHOLM, April 27 (Reuters) - Sweden's Sandvik, the world's biggest maker of metal cutting tools, has agreed to buy measurement technology company Metrologic Group for 360 million euros ($435 million) to strengthen its position in digital manufacturing.Sandvik said on Friday it was buying the French software company from private equity firm Astorg Partners.Metrologic specialises in metrology, an...Read More
LONDON/BEIJING, April 27 (Reuters) - Multiple shipments of alumina are being exported from China, with major suppliers agreeing deals of up to 500,000 tonnes, in a rare move prompted by supply problems after U.S. sanctions on Russian producer Rusal.China is the biggest global producer and consumer of alumina, a compound extracted from bauxite ore that is smelted into aluminium metal.The sanctions...Read More