Drilling contractor Layne Christensen (NASDAQ: LAYN) has rejected opposition to Granite Construction's US$376 million offer for the company, but won't fully address concerns outlined in a letter by Cetus Capital until "the second quarter of 2018".Staff reporter27 MARCH 201827/03/2018commentsshareGranite (NYSE: GVA) and Layne announced the former's bid on February 14 this year. Layne was trading ar...Read More
Colorado School of Mines' four newest University Innovation Fellows hope to grow the culture of innovation and entrepreneurship on campus through new classes, workshops and events such as hackathons, links to other institutions and improved communication.Curtis Harrison, Torin Johnson, Adam Marcinkowski and Michael Thuis were among the 258 students from 64 institutions who completed their online t...Read More
Mining giant Rio Tinto (ASX, LON:RIO) has agreed to sell its Kestrel coal mine in Australia to private equity manager EMR Capital and Indonesian coal company Adaro Energy, in a deal worth $2.25 billion.The transaction makes of Rio Tinto the first major miner to exit the coal industry, and comes only a week after it announced the $1.7 billion-sale of its Hail Creek Mine, also in Australia, to Glen...Read More
Canada's Copper Mountain Mining (TSX: CMMC) has obtained shareholder approval for its planned acquisition of Australian junior Altona Mining (ASX:AOH) in a deal worth A$93 million, or about $71m at today's rates.Under the agreement, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a 41.7% premium based on closing prices at the time of both companies first...Read More
Vedanta, the London-listed natural resources company controlled by one of India's richest men, said Tuesday it was shutting its copper smelting operations in the south of the country, for a 15-day planned maintenance.The halt, originally scheduled for April, comes amid local media reports of massive protests around the smelter and even in front of the home of Vedanta's chief executive Anil Agarwal...Read More
Geneva-based IndustriALL, a global union federation that says it represents more than 50 million workers in 140 countries, joined forces with Building and Wood Workers' International to file a complaint against BHP Billiton (NYSE:BHP) and Vale (NYSE:VALE) under the Organisation for Economic Co-operation and Development's Guidelines for Multinational Enterprises. In a press release, the signatories...Read More
Canada-based Gungnir Resources (TSX-V: GUG) announced that authorities have approved a permit application to start drilling on its Knaften gold project, located in the Vasterbotten district of northern Sweden.According to the miner's website, Knaften covers Au in boulders and outcrop, as well as drill-indicated Au mineralization along a developing 10+ km long geochemical-magnetics trend in the Kna...Read More
http://trib.com/CHEYENNE - U.S. government officials who engage in regional planning for an area of Wyoming and Montana that supplies 40 percent of the nation's coal must consider reducing coal mining as a way to fight climate change, a judge has ruled.Friday's ruling by U.S. District Judge Brian Morris in Great Falls, Montana, applies to the Powder River Basin, where house-sized dump trucks haul...Read More
What if we were in the midst of an infrastructure boom, and all of America's steel refineries sat idle?To make matters worse, what little steel was out there for sale came from just a couple sources, and they were controlled by unfriendly countries willing to use it as leverage.It sounds absurd in our global economy - where anything, anywhere can be had at a price - but since the dawn of humanit...Read More
Datametrex AI Limited (TSXV:DM), a Blockchain stock, climbed after announcing that it is close to implementing an AI and Blockchain solution for a division of Hyundai CorporationSean Mason | March 27, 2018 | SmallCapPowerA big potential deal with Hyundai Corporation propelled a Blockchain stock Tuesday. Here's some small stocks making big moves on Tuesday, March 27, 2018 (as of 4 pm EST):Datame...Read More
Junior explorer Meteoric Resources (ASX:MEI) hasentered into an agreement to acquire 100% of the Gillies Cobalt Project inOntario, Canada. The project consists of 11 contiguous claim blockswithin the prolific Cobalt Camp mining district. It's located on the samegeological trend, and within just 2.5 kilometres, of numerous historicalhigh-grade cobalt and silver mines. Nearby projects include the Co...Read More
The 10 junior gold picks are poised to make big moves if the gold price rally continuesSmallCapPower | March 27, 2018: Gold prices spiked Friday, following U.S. President Trump’s announcement of new tariffs on China, sparking fears of a global trade war. Prices rose from US$1,311/oz to US$1347/oz on Friday and have since risen to $1,354/oz as of yesterday. Gold companies have followed suit,...Read More
"It is often the case that police shootings, incidents where law enforcement officers pull the trigger on civilians, are left out of the conversation on gun violence. But a police officer shooting a civilian counts as gun violence. Every time an officer uses a gun against an innocent or an unarmed person contributes to the culture of gun violence in this country."-Journalist Celisa CalacalEnough...Read More
"It is often the case that police shootings, incidents where law enforcement officers pull the trigger on civilians, are left out of the conversation on gun violence. But a police officer shooting a civilian counts as gun violence. Every time an officer uses a gun against an innocent or an unarmed person contributes to the culture of gun violence in this country."-Journalist Celisa CalacalEnough...Read More
So-called 'thinking person's coin' is designed to stablize cryptocurrency systemIt's called Saga and it's meant to be everything you typically don't find in a cryptocurrency. No anonymity. No wild price swings. And no initial coin offering. Saga is the brainchild of the Swi...Read full newsRead More
Avrupa Minerals Ltd. (TSXV:AVU) (OTC:AVPMF) (FRANKFURT:8AM) has closed the recently announced private placement to raise $550,000, an increase of $50,000 from the original announcement, and issue 6,875,000 units at a price of $0.08.Read full newsRead More
CloseGain/LossGold $1352.90+$7.20Silver$16.69+$0.16XAU82.50+1.22%HUI178.97+1.19%GDM626.21+1.46%JSE Gold1129.86-1.40USD89.05-0.40Euro124.54+0.98Yen95.00-0.70Oil$65.55-$0.3310-Year2.846%+0.034T-Bond144.5625-0.15625Dow24202.60+2.84%Nasdaq7220.54+3.26%S&P2658.55+2.72% The Metals: Gold climbed $10.10 to $1355.80 in late morning New York trade before it edged back lower into the close, but it st...Read More
- London house prices falling at fastest pace since 2009- Values fell by 2.6% in year through January- London house prices likely to be weakest in UK over next five years - Inflated prices make London property more exposed to economic and political shocks- Worries over house prices are having a knock-on effect in wider economy- Physical gold to act as much needed hedge against falling property...Read More
Desert Gold Ventures Inc. (TSX-V symbol: DAU) ('Desert Gold' or the 'Company') is pleased to announce that it has closed the first tranche of its non-brokered private placement (the 'Private Placement') raising aggregate gross proceeds of $500,000 from Sodinaf International Group Inc. ('Sodinaf') through the issuance of 2,000,000 units (each a 'Unit...Read More
Investment bank Goldman Sachs says its data shows that the yellow metal outperforms after rate hikes four times out of six.Read full newsRead More