Alastair Clayton, executive director of Primorus Investments PLC (LON:PRIM), tells Proactive's Andrew Scott his mission is to fund small companies, from a wide range of industries, in a way that's relatively absent in the London market.''We've got a lot of very frustrated CEOs and management teams, companies looking to grow their business and they can't find any pure equity''.''We only have one re...Read More
VANCOUVER, British Columbia, March 19, 2018 (GLOBE NEWSWIRE) - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX:LUG) (Nasdaq Stockholm:LUG) is pleased to announce that it has obtained the approval of and registration with the Swedish Financial Supervisory Authority (the "FSA") of a listing prospectus (the "Swedish Prospectus") for 93,497,140 common shares under the private placement announ...Read More
March 19, 2018John Lee, CFAAt $14.2/lb, vanadium pentoxide's price is up 55% in 2108 and up 280% from the 2017 low of $5/lbVanadium is used in both the cathodes and the anodes of utility grid scale flow batteries that supercharge wind and solar farmsThe global vanadium supply, which is mostly Chinese, will be limited in coming years due to Chinese environmental restrictionsWith a low global inve...Read More
Glacier Lake Resources Inc. (TSXV:GLI) ("Glacier" or the"Company") is pleased to announce that it has completed its non-brokered private placement of units (each, a "Unit") at a price of $0.06 per Unit.The placement was oversubscribed and on closing the Company issued 8,843,175 Units for gross proceeds of $530,590.50.Read full newsRead More
February UK inflation numbers will be the centre of attention on Tuesday as traders seek clues for when the next Bank of England interest rate hike could be forthcoming ahead of its latest Monetary Policy decision on Thursday.The UK consumer price index has stayed stubbornly high over the past few months, having been widely predicted to fall back towards the end of last year.Instead inflation rose...Read More
ZURICH (Reuters) - Switzerland's highest court has upheld the seizure of $1.85 million in Swiss bank accounts, part of a corruption probe linked to a former Mongolian finance minister who helped clear the way for a disputed Rio Tinto mining project, a ruling showed.The Swiss Office of the Attorney General (OAG) also confirmed it has an ongoing criminal investigation in which prosecutors contend on...Read More
(Bloomberg) - Moti Group is preparing to double its investments in Zimbabwe to $500 million after the removal of Robert Mugabe as president in November saw the government adopt a more open approach to foreign companies.Emmerson Mnangagwa, 75, who replaced Mugabe after the military briefly took control, has declared that "Zimbabwe is open for business" and has said he will ease the country's local...Read More
Mr. Brett Heath reportsMETALLA RAISES MONTHLY DIVIDEND BY 50% AND ANNOUNCES FISCAL 2018 Q3 PRODUCTION Metalla Royalty and Streaming Ltd. had preliminary production results for the three months ended Feb. 28, 2018, of 96,542 ounces of silver sold and provisionally invoiced. In addition, Metalla held 35,473 ounces silver of attributable inventory to be realized in the subsequent quarter. Metalla ex...Read More
ABIDJAN, March 19 (Reuters) - Renewable energy company Total Eren said on Monday it had opened the world's largest solar-thermal hybrid plant in Burkina Faso, the first of what it hopes will be many projects supplying the African mining industry's growing need for power.Total Eren and Africa-focused independent power producer AEMP inaugurated Essakane Solar over the weekend, adding 15 megawatts (M...Read More
Mr. Peter Tallman reportsKLONDIKE GOLD ANNOUNCES $2,500,000 EXPLORATION PROGRAM FOR 2018 Klondike Gold Corp.'s board has approved a $2.5-million exploration program for 2018 within the company's Klondike district property in Yukon.Summary: $2.5-million exploration budget for 2018, which includes: 5,000 to 7,000 metres of drilling; 3,000 to 5,000 new soil samples; 300to 500 line kilometres of groun...Read More
Norwegian subsidiary the latest divestment in bid to pay off debtRead full newsRead More
Mr. Mike Mutchler reportsAMARILLO ANNOUNCES NON-BROKERED PRIVATE PLACEMENTAmarillo Gold Corp. is proposing to complete a non-brokered private placement ofunits at a subscription price of 28 cents per unit for aggregate gross proceeds to the company of approximately $3-million. Each unit comprises one common share and one-half of one common share purchase warrant. Each whole warrant entitles the ho...Read More
Mr. Phillips Baker Jr. of Hecla reportsHECLA TO ACQUIRE THREE HIGH-GRADE NEVADA GOLD MINES WITH THE ACQUISITION OF KLONDEX MINES LTD.Hecla Mining Company will acquire all the outstanding shares of Klondex Mines Ltd. through a plan of arrangement. Klondex's Canadian assets will be spun out to its existing shareholders. Under the Transaction, Hecla will acquire Klondex for consideration of $462-mill...Read More
While advertising bans and Mt.Gox Trustee overhangs remain, the FUD of a possible global regulatory crackdown in the G-20 Communique was a major driver of this weekend's weakness... until Les Echos confirms FSB has rejected calls for regulation.Read full newsRead More
Australia's Newcrest Mining (ASX: NCM) said that its Wafi-Golpu joint venture with Harmony Gold in Papua New Guinea will need a further $200 million cash injection to get built under improved plans.The updated feasibility study, released Monday, foresees a larger, $2.8-billion gold and copper project with mine wastes being piped into the ocean. Building the proposed mine had been previously expec...Read More
Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More
* Wafi-Golpu JV capital expenditure estimates cutRead full newsRead More
The U.S. Environmental Protection agency wants a mining company to pay for a potentially costly investigation of underground water flows at a southwestern Colorado Superfund site to help the agencyRead full newsRead More
Federal and state regulators are entrusting a water pollution study at an abandoned South Dakota gold mine to a company that is potentially interested in reopening the mine.Read full newsRead More
SPEARFISH - The South Dakota Department of Environment and Natural Resources (DENR) announced Thursday that it reached an agreement with a mining company drilling exploration holes near the rim ofRead full newsRead More