In a new report, Metals Focus says it sees the gold price hitting $1,450 per ounce before the end of 2018, spurred upward by a number of key factors.Read full newsRead More
2pm: 88 Energy Ltd and Eland gush higher..Alaska-focused oil explorer 88 Energy Limited (LON:88E, ASX:88E) saw shares advance over 5% in London as the firm update on its operations at Project Icewine.The firm said that a 450 sq km 3D seismic programme was completed on March 28, highlighting that the work was finished on schedule and within budget.It expects processed data from the firs...Read More
MOSCOW, April 6 (Reuters) - The U.S. government's decision to include Russian magnate Oleg Deripaska on its sanctions blacklist on Friday will reverberate around the world because his business empire has a global footprint and counts major multinationals as partners.Washington imposed sanctions on seven Russian oligarchs, 12 companies they own or control, as well as 17 senior Russian government of...Read More
Granada Gold Mine(TSXV:GGM;OTCPK:GBBFF;FRA:B6D) ('Granada Gold' or the 'Company') is pleased to announce that its Board of Directors has selected Ausenco Limited to commence a feasibility study for the development of a producing mine with a capacity of 80,000-to-100,000 ounces of gold per year at its 100-percent-owned Granada property, located in Quebec in the town of Rouyn-Nor...Read More
Interactive Investor's Richard Hunter discusses with Proactive the ongoing war of words between China and the US on trade tariffs.''What happened during the week is that the US markets went into freefall after the initial $50bln Trump announcement, it then probably became apparent overnight ... that these hadn't in fact been implemented yet .. and the markets bounced straight back''.''On the plus...Read More
Plans ignore the poor correlation between discovery and developmentRead full newsRead More
The last time offshore yuan was this strong relative to the US Dollar, China devalued its currency, sending a ripple of broken carry-trades through the financial markets and raising volatility everywhere.Read full newsRead More
In light of the struggles facing the high street and the UK jobs market, updates from retailers and recruiters will be closely followed in the week ahead.Among the retailers reporting, Tesco PLC (LON:TSCO) posts its full year results, ASOS publishes a trading update and WH Smith PLC (LON:SMWH) reports its interims. Tesco is one of the UK's so-called 'big four' supermarkets, which ha...Read More
Mining Capital's Alastair Ford gives his take on the war of words between the US and China over tariffs.US President Donald Trump's told officials to look at a further $100bln of tariffs against China.Ford also talks through changes around Zimbabwe's export credit rules.In usual fashion, he also touches on a few companies he's been talking to over the course of the week and that've been headlining...Read More
Philip Marcella, chief executive of appScatter Group PLC (LON:APPS) tells Proactive's Andrew Scott they're strengthening their app monitoring service with the acquisition of German firm Priori Data for ?13.5mln.Marcella says Priori runs an app data intelligence operation and when combined with appscatter's existing service will enable the performance of millions of apps and billions of devices to...Read More
Tony Sage, executive chairman for Cape Lambert Resources Ltd (ASX:CFE) speaks to Proactive Investors from Mines and Money Asia, where he says sentiment is buoyant on cobalt.The company recently acquired two synergistic cobalt copper tailings projects, in the Democratic Republic of Congo (DRC) and 170km away in neighbouring Zambia.A Pre-Feasibility Study (PFS) for the DRC project is due out in thre...Read More
Stefan M? 1/4 ller outlines the outcomes of the hotly-anticipated pre-feasibility study (PFS) for European Lithium Ltd's (ASX:EUR) (FRA:PF8) (VSE:ELI) Wolfsberg Lithium Project in Austria.Results confirm the technical and economic viability of the project, and show strong potential for significant upside. A definitive feasibility study (DFS) is set to begin in July for completion before the end of...Read More
Appetite for copper-mining assets is picking up after prices climbed in 2017 to the highest level in seven years, amid disruptions that worsened a shortfall in supply. The metal rally, however, has weakened since prices climbed to a three-year high in late December, and prices could become volatile unless the industry solves what Colin Hamilton, director of commodities research at BMO Capital Mar...Read More
Mr. Tony Makuch reports KIRKLAND LAKE GOLD REPORTS STRONG YEAR-OVER-YEAR Q1 PRODUCTION GROWTHKirkland Lake Gold Ltd. had solid quarterly production in the first quarter of 2018. A total of 147,644 ounces were produced in Q1 2018, an increase of 13 per cent from the first quarter of 2017. Q1 2018 production exceeded target levels for the quarter, driven by record monthly production in March of 71,6...Read More
Mr. Christian Milau reportsEQUINOX GOLD ANNOUNCES SYMBOL CHANGE ON OTC MARKETSEquinox Gold Corp.'s trading symbols have been changed on the OTC Markets in the United States to match the company's trading symbols on the TSX Venture Exchange in Canada.At market open today the company's common shares and warrants will trade under the symbols EQXGF and EQXWF, respectively, on the OTC Markets. Equinox...Read More
It's not just the potential for gold mining that makes this property a glittering proposition.Read full newsRead More
It's not just the potential for gold mining that makes this property a glittering proposition.Read full newsRead More
International mining companies have insisted that Democratic Republic of Congo amend portions of a new mining code to respect exemptions they were granted by its predecessor.Read full newsRead More
Jacques Wortman, an analyst with Eight Capital, outlined the key takeaways from this miner's new reports and increased the firm's target price.Read full newsRead More
Analyst Andrew Kaip with BMO Capital Markets provided an update on what transpired during the period in which his firm was prohibited from writing about this miner.Read full newsRead More