CALGARY - Statistics Canada says capital spending to extract oil and gas will fall for a fourth straight year in Canada in 2018.The federal agency says a survey of investment intentions in the oilpatch found spending is expected to be about $33.2 billion this year, down 12 per cent from 2017, with the biggest declines in the oilsands sector where spending will fall by a fifth to $10.2 billion.It...Read More
Lithium Australia NL (ASX:LIT) has advanced its acquisition of Brisbane battery cathode developer, the Very Small Particle Company Ltd (VSPC), with LIT and major VSPC shareholders executing a binding Share Sale and Purchase Agreement.Brisbane-based unlisted public company, VSPC, has researched and developed some of the world's most innovative and respected new-era cathode material production techn...Read More
Via Sovereignman.comWe've all seen the headlines: the cost of university education in the United States has become completely debilitating. And student debt keeps rising to record high levels.It's almost commonplace now for a 22-year old to graduate from university with $50,000+ in student debt.According to data from the Federal Reserve, the total amount of student debt in the United States is now...Read More
Via Soveriegnman.comEarlier this month, the United States government released its annual financial report for the year 2017.This is something the government does every year, similar to how large companies like Apple, or Warren Buffett's Berkshire Hathaway, publish their own annual reports.Unlike Berkshire and Apple, though, whose financial reports typically show strong, positive results, the US...Read More
Via Sovereignman.comWe've all seen the headlines: the cost of university education in the United States has become completely debilitating. And student debt keeps rising to record high levels.It's almost commonplace now for a 22-year old to graduate from university with $50,000+ in student debt.According to data from the Federal Reserve, the total amount of student debt in the United States is now...Read More
Via Soveriegnman.comEarlier this month, the United States government released its annual financial report for the year 2017.This is something the government does every year, similar to how large companies like Apple, or Warren Buffett's Berkshire Hathaway, publish their own annual reports.Unlike Berkshire and Apple, though, whose financial reports typically show strong, positive results, the US...Read More
Tampere, Finland, February 27, 2018 - The award-winning AutoMine (R) product family from Sandvik continues to evolve. The brand new next generation release of AutoMine (R) Lite 2.0 includes both consistent high-speed automated production missions and smart teleoperation capabilities for dynamic mining operations. As a combined package, the new AutoMine (R) Lite 2.0 is a unique solution for integra...Read More
Just when you thought it was all over... Quite a chaotic day across asset-classes today - the most chaotic since the XIV crisis moves...Read full newsRead More
CloseGain/LossGold $1318.60-$14.60Silver$16.42-$0.21XAU78.97-2.82%HUI173.05-2.83%GDM603.45-2.01%JSE Gold1083.86-20.56USD90.40+0.55Euro122.33-0.87Yen93.27-0.37Oil$63.01-$0.9010-Year2.901%+0.038T-Bond143.6875-0.53125Dow25410.03-1.16%Nasdaq7330.35-1.23%S&P2744.28-1.27% The Metals: Gold edged up to $1334.70 in Asia, but it then fell all of the way back to $1313.50 in early afternoon New York t...Read More
- New Asian gold trading corridor could boost demand for 1 kg gold bars- Should increase turnover for yuan-denominated gold coins and bars - President- Secure supplies of physical gold from Middle East and Asia for China- China positioning itself as leading gold trading and owning nationby Karen Yeung in the SCMPThe Chinese Gold & Silver Exchange Society (CGSE), Hong Kong's gold exchange, is...Read More
Goldcorp has selected four finalists and eight semi-finalists to compete in the firm's 2018 #DisruptMining innovation contest.Read full newsRead More
Vancouver-based Secova Metals (TSXV: SEK) announced today that, with the acquisition of 1151640 B.C. Ltd, it has taken over 40 claims or approximately 2,186 hectares in eastern Quebec. The claims are contained within the Muskrat, Boudrais and Peribonka-Begin cobalt projects. Half of those claims, which comprise the Muskrat Cobalt project, are located in the Riviere aux Rats area of Quebec and are...Read More
FTSE 100 closes down 7 at 7,282FTSE 250 up 47 ptsMelrose unimpressed by results from bid target GKNFTSE 100 slipped into the red towards the close and finished down seven points at 7,282 after a fairly lacklustre day.On Wall Street the Dow Jones and Nasdaq have taken a hit after new chair of the Federal Reserve Jerome Powell appeared before Congress and struck a more hawkish tone on the cent...Read More
Ray Gibbs, CEO of Haydale Graphene Industries PLC (LON: HAYD) tells Proactive Investors at the Graphene for U.S. Conference in New York, that America is trying to catch up with graphene commercialization, while the Asian graphene market pushes for the material.Haydale's Taiwan-based inks arm has agreed a deal to supply Japanese firm Graphene Platform (GPC), and will initially target Japan's electr...Read More
Atlas Iron (ASX: AGO) announced today that, despite high discounts for lower grade iron ore, it is still on track to meet its fiscal 2017-2018 shipment volume and cost guidance,which management set last August in 9 million-10 million wet tonnes, having shipped 5.2 million wet tonnes in the first-half to December 2017.In a media statement issued Tuesday, Australia's fifth largest iron ore producer...Read More
Stephen Hunt from Brooklyn based NanoGraphene tells Proactive Investors the newly created graphene production company is producing the material with distilled water without acid or chemicals to aid the process.Hunt says NanoGraphene will look to publicly list towards the end of the year. Meet Scancell Holdings Plc, Advanced Blast & Ballistic Systems Ltd and TokenCommunities Plc at our event,...Read More
Director of Operations William Douglas from 2D Layer tells Proactive Investors at the Graphene for U.S. 2018 Conference in New York that they have produced their atomically thin semi conducting material to industry scale level.Douglas says 2DLayer is looking for their second round of investment of $15 - $20 mln in the near future for further production. Meet Scancell Holdings Plc, Advanced B...Read More
Eureka Resources (TSXV:EUK) ('Eureka' or the 'Company') is pleased to announce that it has signed an amalgamation agreement dated February 24, 2018 (the 'Agreement') with Kore Mining Ltd.Read full newsRead More
WASHINGTON, Feb 27 (Reuters) - Uranium miner Energy Fuels said on Tuesday it has won federal approvals to expand operations at two mines in southeastern Utah, after years of challenges from conservation groups worried about radon gas emissions.The Bureau of Land Management and the U.S. Forest Service last week approved the expansion of the company's La Sal complex near the Manti-La Sal National Fo...Read More
Milan Patel, chief executive at dotdigital Group PLC (LON:DOTD), tells Proactive they're on course to meet full-year expectations after what he describes as a "transformational" first half of the fiscal year.Revenue in the six months to December 31, 2017, surged to ?18.77mln from ?14.98mln the year before.Organic revenue grew 17% to ?17.5mln from ?15mln the previous year. Meet Scancell H...Read More