Jerko Zuvela, managing director of Argosy Minerals Limited (ASX:AGY), speaks to Proactive Investors ahead of visiting the company's lithium brine project in Argentina.Stage one of development at the site is culminating in processing to produce battery grade lithium carbonate from a recently constructed pilot plant. Operations to expand capacity under stage two have commenced, with stage 3 plans al...Read More
Morning Market Breakdown, April 20: As Canadian markets attempted to move ahead on Friday, American indexes struggled to find their way out of the red.Read full newsRead More
Vancouver-based Full Metal Minerals (TSXV: FMM) announced today that it has entered into a Share Purchase Agreement with Australia's Evolution Mining (EVN-ASX) to buy out the Puhipuhi Gold Project, located in the Northland region of the North Island of New Zealand.In a press release, Full Metal explained that Puhipuhi is an exploration stage epithermal gold project where high grade Au and Ag has b...Read More
The European Union needs to be exempted from steel and aluminum tariffs announced by the United States in order to work with Washington on trade with China, France's Finance Minister Bruno Le Maire said on Friday."We are close allies between the EU and the United States. We cannot live with full confidence with the risk of being hit by those measures and by those new tariffs. We cannot live with a...Read More
Researchers at the University of Queensland have developed new nanotechnology that includes gold particles and that is aimed at monitoring the diversity of individual cancer cells circulating in the body.The groundbreaking technique was tested on blood samples from melanoma patients and was able to track critical changes in spreading tumour cells before, during and after treatment."We have develop...Read More
Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices. I believe those conditions are either firmly in place right now or, at the very least, in their early stages. Among them are factors I've discussed at length elsewhere-a weaker U.S. dollar, a steadily flattening yield curve, heightened m...Read More
Great Boulder Resources Ltd (ASX:GBR) managing director Stefan Murphy speaks to Proactive Investors' Danielle Doporto about the company's strong funding position and progress at its five Australian project sites. RC and diamond drilling is underway at the Mt Venn copper-nickel-cobalt discovery, whilst new drilling targets are being identified at the nearby Eastern Mafic Complex through...Read More
Nusantara Resources published a maiden ore reserve of 1 million ounces for its Awak Mas gold project in Sulawesi, Indonesia.Read full newsRead More
Andrew Prelea, chief executive of Vast Resources PLC (LON:VAST), tells Proactive's Andrew Scott they've acquired a 23.75% economic interest in the Eureka Gold Mine in Zimbabwe.Eureka is a modern mine originally designed to produce up to 70,000 oz of gold per year from an open pit operation - it's currently on care and maintenance with potential for recommencement of production in the near term. &n...Read More
FTSE 100 stalledCRH top riserReckitt Benckiser top laggardFTSE 100 lacklustre..FTSE 100 continued its lacklustre trajectory, up around 23 points at 7,352 within a few hours of the close.Reckitt Benckiser (LON:RB.) continued to keep a lid on gains, posting a 4.515 drop to 5,531p after its earnings report failed to meet analysts' estimates.Top riser on Footsie was building materials group CRH (LON:C...Read More
The first quarter earnings season for UK banks and pharmaceutical stocks is set to kick off.For the banks, Lloyds Banking Group PLC (LON:LLOY) reports on Wednesday followed by Barclays PLC (LON:BARC) on Thursday and Royal Bank of Scotland Group PLC (LON:RBS) on Friday.In previewing the first quarter results, Deutsche Bank reckons margin pressures will remain the main area of focus for domestic len...Read More
Top riser on Footsie was building materials group CRH (LON:CRH), which added over 3% to 2,506p on Friday.The stock rose as the boss of the tarmac owner Albert Manifold reportedly said a listing of its US business in New York and launching a share buyback program were options amid a share price discount to American peers.Manifold said that the company, which owns Tarmac in the UK and supplies...Read More
Keith Allaun, chairman at PowerHouse Energy Group PLC (LON:PHE), caught up with Proactive Investors following their new equity issue - raising ?900,000 of capital to support ongoing commercial development of its energy systems.PowerHouse will use the funds for the group's pioneering technology, which is designed to process waste plastics and end-of-life tyres into a source of energy. Meet P...Read More
Patrick Cullen, chief executive of Connemara Mining Company PLC (LON:CON), discusses with Proactive's Andrew Scott the maiden inferred resource estimate at their Stonepark zinc project in Limerick, Ireland.The headline mineral resource estimate is 5.3mln tonnes grading 11.15% zinc + lead combined. The zinc (Zn) grade was 8.55% and the lead (Pb) grade was 2.60%.Cullen also adds further detail to th...Read More
BLOK Technologies' (CSE: BLK) CEO Rob Dawson tells Proactive Investors about the emerging world of blockchain and how BLOK's technology will have huge impacts for companies all over the world.Dawson says BLOK Technologies is looking at providing the tools to make it easier for those companies to make secure financial transactions.Dawson thinks this will be especially important in the cannabis ...Read More
SANTIAGO, April 20 (Reuters) - Brokerage firm Banchile on Friday auctioned 1.5 million series-A shares in Chile lithium miner SQM at a sale price of 30,000 pesos ($50.36) per share, raising a total of $76 million.SQM, which operates primarily in Chile's Salar de Atacama, is one of the world's largest and most cost-efficient producers of lithium.($1 = 595.70 Chilean pesos)(Reporting by Felipe Iturr...Read More
LONDON, April 20 (Reuters) - German shipping group Oldendorff Carriers is stopping its business in Guyana, the company said on Friday, after the United States blacklisted Russian aluminium producer Rusal, which has a plant in the South American country.The United States on April 6 imposed sanctions against Russian entities and individuals to punish Moscow for its alleged meddling in the 2016 U.S....Read More
(Bloomberg) - South Africa's Eskom Holdings SOC Ltd. has permission to circumvent some purchasing rules in order to boost critically low coal stocks at several of its power stations and avoid a return to rolling power cuts.The state-owned utility is seeking coal for seven of its plants that are facing shortages after supply disruptions from Gupta family-controlled mines that are under business re...Read More
Ontario is supporting expanded transportation infrastructure that will help move people and freight into and across the North while creating 46 new jobs.Glenn Thibeault, MPP for Sudbury, made the announcement today on behalf of Michael Gravelle, Minister of Northern Development and Mines at the Greater Sudbury Airport. Through funding from Ontario's Northern Ontario Heritage Fund Corporation (NOHF...Read More
COPENHAGEN, April 20 (Reuters) - With melting ice expanding access to the Arctic, investors from China to Canada are watching Greenland's election next week for signs of the political will to get a flagging mining programme on the island back on track.Greenland is hoping rising commodity prices can help attract foreign investment and get its fragile economy up to speed to realise a long-term goal...Read More