Stratabound Minerals Corp. (TSXV:SB) ("Stratabound" or "the Company") is pleased to announce that it has closed the first tranche of the non-brokered private placement offering (the "Private Placement") which was first announced on February 20, 2018.Read full newsRead More
Metallis Resources Inc. (TSXV:MTS) ("Metallis" or the "Company") announces that Geotech Ltd. has completed the 2018 airborne versatile time-domain electromagnetic survey ("VTEM Survey") over its Thunder North, Thunder South and King areas within its 100% owned Kirkham Property.Read full newsRead More
Velocity Minerals Ltd. (TSXV:VLC) ("Velocity" or the "Company") announces that it has received additional positive assay results from step-out drilling at East Zone, Rozino gold project, with all 2018 drill holes intersecting gold mineralization.Read full newsRead More
Ely Gold Royalties Inc. (TSXV:ELY,OTC:ELYGF) ('Ely Gold') through its wholly owned subsidiary, Nevada Select Royalty, Inc ('Nevada Select') is pleased to announce that it has entered into a definitive option agreement with Monitor Gold Corporation ('Monitor'), a Nevada corporation and a wholly owned subsidiary corporation of Orla Mining Ltd.Read full newsRead More
Anthony Coombs, chairman of S&U PLC (LON:SUS) told Proactive he expects the used car market to remain strong and underpin another good year for the finance firm.Unlike new cars, the used car finance market grew by 6% in 2017 helping S&U lift profits by 20%.''Our customers are in the middle of the non-prime market who need a car to get to work and who are good, reliable payers'', he says.Th...Read More
While it's no surprise that Germany has now issued all permits to Nord Stream 2, other countries along the pipeline route, Denmark in particular, could block the proposed route in its waters on security grounds...Read full newsRead More
Goldman joined the Apple skeptics this morning, warning that iPhone demand expectations for March and June quarters are already weak but early Q1 demand indicatesRead full newsRead More
Lamine Zarrad, CEO of Tokken, tells Proactive Investors the payments application originally created to provide banking services for cash-intensive businesses like the cannabis industry is shifting focus away from weed and toward freelancers.Zarrad says the company has created a new product called Joust -- a payments platform for freelancers with a facilitated insurance platform.The shift is necess...Read More
BEIJING, March 28 (Reuters) - Jiangxi Copper Co Ltd, one of China's biggest copper smelters, said on Wednesday its 2017 net profit more than doubled, growing at the fastest pace in seven years, mainly due to higher copper prices.The Nanchang-based company also aims to increase its copper output in 2018, though it will be monitoring the market due to the country's expected slower growth in key infr...Read More
LNG Capital's Louis Gargour tells Proactive Investors Europe's at a different place economically than the US.''The Fed has actually said they're going to raise rates four times this year ... Draghi has said he might finish tapering.''''The States is growing at over 2%, Europe is nowhere near that and I think there's a very big difference as to where the two Central Banks are.''''For bond investors...Read More
Simon Fuller, chief financial officer of McColl's Retail Group (LON:MCLS) tells Proactive's Andrew Scott the future for them lies in being a bigger fresh food business''The big transformation for us now is to go from what was originally a newsagent business to a convenience business and now to a food business''.''That's really the next stage of our evolution''.Fuller adds: ''We're in a growing par...Read More
Julian Treger, chief executive of Anglo Pacific Group plc (LON:APF), tells Proactive 2017 was a record year for them with royalty income of ?37.4 mln and total income of ?42.4 mln.Treger says the strong performance was achieved through a combination of higher commodity prices as well as a significant increase in mining from within their private royalty area at Kestrel. Meet ANGLE plc, Faro...Read More
In a technology-focused partnership that will help make mines safer and more productive, Sibanye-Stillwater and the Wits Mining Institute (WMI) at the University of the Witwatersrand, today launched the Sibanye-Stillwater Digital Mining Laboratory (DigiMine).DigiMine is a simulated mining environment in the Chamber of Mines building on the West Campus of Wits University, whose facilities now inclu...Read More
Improvement in profitability and outperformance against the industry can be important characteristics in a stock for some investors. Below, I will assess Marlin Gold Mining Ltd's (TSXV:MLN) track record onRead More...Read full newsRead More
Wheaton Precious Metals Inc. (TSX:WPM)(NYSE:WPM) has a unique and exciting business model that allows it to reward investors with relatively low risk and a variable dividend.Read full newsRead More
South African DRDGold approved Wednesday a deal proposed by Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) to exchange some its assets for a 38% stake in the mid-tier gold miner.The transaction, valued at R1.3 billion (roughly $110 million at today's rates), also gives Sibanye the option to buy another 12.1% of DRDGold shares - enough to give it control of the firm.The assets the precious metals produc...Read More
Adapted from white paper by SAPAccording to Harvard Business Review (HBR 2017), billions of dollars are being invested in blockchain technology, and some of the smartest people on the planet are engaged in understanding how this technology can reinvent organizations and industries. A report from PriceWaterhouse Coopers (PwC 2017) has named blockchain as a 'tech breakthrough megatrend' for CIOs, wh...Read More
It's not a big deal; only around $350m, but the Oz Minerals bid for Avanco Resources is another sign that quality assets can command a premium in a copper market hungry for new supply.Glencore owns 8% which sets up the tantalizing, albeit slim, prospect of a counter offer from the world's number three copper producerOz Minerals' cash and shares offer on Tuesday was made at a 121% premium to the ru...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a discouraging 60-104-126. The TSX Venture Exchange fell 13 points to 802 while rough diamond prices remained flat this week. Terry Tucker and Samer Khalaf's Tango Mining Inc. (TGV) g...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $8.70 to $1,344.50 on Tuesday. The TSX Venture Exchange fell 13.71 points to 802.83 while the TSX Gold Index fell 3.02 points to 187.59. Canadian gold miners lost ground today, although Detour Gold Corp. (DGC) b...Read More