VANCOUVER, British Columbia _ Asanko Gold Inc. on Thursday reported a loss of $7.1 million in its fourth quarter. The Vancouver, British Columbia- based company said it had a loss of 3 cents per share. For the year, the company reported net income of $6.1 million, or 3 cents per share, swinging to a profit in the period.Read full newsRead More
Weather report: cloudy with a chance of gold.Read full newsRead More
Polish copper producer KGHM said it expects daily copper ore output at its Chilean mine Sierra Gorda to increase by 18 percent next year from current levels.State-run KGHM acquired Chilean and Canadian copper deposits in 2011 when it bought Canada's Quadra FNX for $2 billion, the largest ever foreign acquisition by a Polish company.But a subsequent fall in copper prices and technical issues in sta...Read More
The gold and silver bars fell out of the plane after the hatch door broke during take off.Read full newsRead 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 Thursday was a mediocre 74-87-129. The TSX Venture Exchange rose fractionally to 828 while polished diamond prices rose 0.1 per cent. Chris Taylor's -- and increasingly, Chuck Fipke's -- Dunnedin...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 Reporter West Texas Intermediate crude for April delivery gained 23 cents to $61.19 on the New York Merc, while Brent for May gained 23 cents to $65.12 (all figures in this para U.S.). Western Canadian Select traded at a discount of $25.55 to...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 lost $8.50 to $1,315.70 on Thursday. The TSX Venture Exchange rose 0.80 point to 828.08 while the TSX Gold Index slipped 0.86 point to 183.29. Klondex Mines Ltd. (KDX) led Canadian gold miners lower today, slumping 2...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 ReporterThe TSX Venture Exchange closed up a fraction to 828.08 Thursday.Mohammad Fazil has filed a preliminary prospectus to list his second capital pool shell, Elephant Hill Capital Inc.The shell plans to sell a $300,000 to $500,000 initial...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 Mike CaswellBarkerville Gold Mines Ltd. denies that it did anything wrong in terminating contracts it had with a company belonging to its former president, Frank Callaghan. Barkerville claims that it ended the contracts in accordance with their terms. As such, it...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 Mike CaswellBDO Canada LLP and two other auditing firms have agreed to pay $390,362 in sanctions to settle allegations that their audits of a Canadian company circumvented the oversight of the Public Company Accounting Oversight Board. (All figures are in U.S. do...Read More
A 'An-12' airplane taking off after refuelling at an airport in Siberia lost almost 172 bars of gold/silver dore that fell to the ground after breaking through the loading bay fuselage. The bars, which originally came from Kinross' Kupol mine in Chukotka, northeastern Russia, weighted 20 kilos each and ended up scattered on the runway and the fields that surround the airport.According to local med...Read More
Every investor wants to own stocks that don't just rise with the market but beat it in the long run. When the market falls, such stocks may not fall as much; and if they do, they are likely to recover quickly. Net effect: you end up with big returns over time.Waste Connections Inc. (TSX:WCN)(NYSE:WCN), Shopify Inc. (TSX:SHOP)(NYSE:SHOP), and Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) are beating...Read More
Cobalt hit a fresh 10-year high on Thursday as the Democratic Republic of Congo government continued to make noises about deeming the battery raw material 'strategic'.Staff reporterChina Moly and its Tenke Fungurume copper-cobalt mine is one of the mine's likely to be hit by the DRC mining code changesChina Moly16 MARCH 201816/03/2018commentsshareThe LME cash price rose to US$87,250 per tonne...Read More
There was a literal sharp fall in gold this week when 3.4 tonnes in gold dor?(C) ingots from Kinross Gold's (CN:K) Kupol mine fell out of a plane in Russia.Staff reporterGoldflinger: it was a skyfall for 172 Kinross gold dor?(C) ingots this week. PICTURE: TASS16 MARCH 201816/03/2018commentsshareThe plane had stopped to refuel in the Siberian city of Yakutsk, and when it took off again the hold bro...Read More
Rise Gold (CSE:RISE, RYES) has completed a first underwater inspection of the New Brunswick shaft, where a remote operated vehicle was used to check the condition of the mine shaft and the timberwork (and both appear to be in good shape).That's good news for the company as this shaft, which was used as primary shaft in the heydays of the Idaho-Maryland mine, could be vital for the company's explor...Read More
Ignition of the detonating cord for the first blast marked the start of development of the twin declines to access the ultra-high-grade Kakula copper discovery on the Ivanhoe Mines Tier One Kamoa-Kakula Copper Project in the DRC. Source: Ivanhoe Mines Ltd.The move comes just days after DRC President Joseph Kabila signed into law a new mining code that raises royalties and taxes on mining operation...Read More
Canada Jetlines Ltd. (TSXV:JET) said it won't be able to launch its service in June as its aircraft lessor could not provide a definitive delivery dateSmallCapPower | March 16, 2018: Canada Jetlines Ltd. (TSXV:JET), a Vancouver-based ultra-low-cost carrier, late Tuesday announced that it is unable to begin operations by June 2018, as previously announced, due to key items such as the completion...Read More
Atlantic Gold's Moose River Consolidated Gold Mine in Nova Scotia. Source: Atlantic Gold Corp.Moose River commenced operations with the first gold pour and initial production from the Touquoy deposit in October 2017. According to a July, 2015 feasibility study, the Phase 1 Life of Mine plan was forecast to produce an average of 87,000 ounces of gold per year over a minimum 8.5-year mine life at an...Read More
Tesla is scrambling.BMW and Volkswagen are following suit.And the "Apple Effect" is swinging into full force.Just after Apple announced it was in talks to secure its future supply of cobalt, Samsung has said it is pursuing its own negotiations with a mining company in the Democratic Republic of the Congo (DRC).It's going to pay a hefty price for it, too.Now that cobalt is considered a "strategic m...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Spearmint (TSXV: SRJ) (OTC Pink: SPMTF) Completes Drilling and Intersects Targeted Lithium Clay Formation on its Clayton Valley Lithium Prospect Vancouver, British Columbia - March 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Spearmin...Read More