FTSE 100 closes higherDecember UK retail sales disappointLondon listed retailers struggleDignity shares slump on profit warning FTSE 100 closed in positive territory - up almost 30 points at 7,730.It comes after the top tier index has had a negative week.Friday's rally was driven by a range of stocks from various sectors, including healthcare, mining, consumer staples and fin...Read More
After having invested $1.2 billion to develop the Kamoa-Kakula project in the Democratic Republic of Congo, it is no surprise that Ivanhoe Mines' executive chairman, Robert Friedland, is bullish on copper. The engine that drives his confidence comes in the form of electric vehicles which, according to investment manager U.S. Global Investors, need up to four times the amount of copper traditional...Read More
Great Atlantic Resources (TSXV.GR) announced that, in the spring of 2018, it will start drilling at its Porcupine base metal - precious metal - rare earth element project located in the eastern Canadian province of New Brunswick. The site is approximately 50 kilometres west of the city of Miramichi and occupies a land package of 2,830 hectares.Following the approval of a diamond drilling permit fo...Read More
The Company announces that, subject to TSX Venture Exchange ('Exchange') approval, it is undertaking a non-brokered private placement comprised of up to 13,333,333 units of the Company (the 'Units') at an issue price of $0.075 per Unit for gross proceeds of up to $1,000,000 (the 'Offering').Read full newsRead More
The recent strength in the oil market was bound to attract new entrants and this week the sentiment feared a rise in US production would weigh on the price.In early trading on Friday, Brent crude was priced above US$68 with WTI holding around US$63 a barrel.The week started well with a stronger oil price not seen since the end of 2014 and Brent crude above US$70 a barrel.Traditionally slower deman...Read More
AFC Energy plc (LON:AFC) told investors that the quarter ended December 31 was important as the company "achieved very significant improvements" for its fuel cell system. The company said it now believes the system has demonstrated a platform for future commercial deployment, with the projected performance ahead of objectives set in 2017. Indeed, it added that successful results from early operati...Read More
Mining Capital's Alastair Ford talks Lithium, Cobalt and the growing electric vehicle market.Ford discusses the lithium assets of Savannah Resources Plc (LON:SAV) as well as European Metals Holdings Ltd (ASX:EMH; LON:EMH) and Bacanora Minerals Ltd (LON:BCN)(CVE:BCN).He says he's been speaking with the team at Cadence Minerals Plc (LON:KDNC) (OTC: KDNCY), who have significant investments in b...Read More
Triumph Gold Corp. (TSXV:TIG) (OTCMKTS: TIGCF) ('Triumph Gold' or the 'Company') is pleased to announce that it will be exhibiting at the AME BC Roundup Core Shack on Wednesday, January 24 and Thursday, January 25.Read full newsRead More
Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) is pleased to announce that it will be participating in the AME BC Roundup Conference's Core Shack on January 22nd and 23rd.Read full newsRead More
2:00pm: Prospex Oil and Gas boosted by new discovery, Petro Matad pinched by US$16mln placingProspex Oil and Gas Plc (LON:PXOG) shares advanced on Friday after it reported what was described as a "significant commercial gas discovery" at the Podere Maiar project onshore Italy.The well was drilled in fourth quarter, and "strong flow rates" have been reported.Elsewhere, Mongolia focussed explorer Pe...Read More
(Bloomberg) - The Trump administration's condemnation of cheap Chinese aluminum is helping resolve overcapacity in China even before any measures are implemented, according to the top U.S. producer.The Commerce Department is preparing to deliver its Section 232 report on national-security threats posed by aluminum imports. Before any measures are announced, debate surrounding the investigation h...Read More
Eric Zurrin, chief executive of Shanta Gold Limited (LON:SHG), caught up with Proactive's Andrew Scott on the back of their Q4 and operational update.The miner reported a strong final quarter of 2017 for its New Luika Gold Mine, in Southwest Tanzania, with gold production of 21,288 ounces, an increase of 17% on the third quarter.Annual gold production for 2017 was 79,585 oz, consistent with its gu...Read More
The world's leading gold-stock ETF is nearing a major upside breakout from key technical levels. GDX is getting closer to challenging and powering above $25. That would accelerate the sentiment shift in this deeply-undervalued sector back to bullish, enticing investors to return. Good operating results from the major gold miners in their upcoming Q4'17 earnings season could prove the catalys...Read More
David Archer, chief executive of Savannah Resources Plc (LON:SAV), updates on progress at the company's projects in Portugal, Mozambique and Oman.At Mutamba in Mozambique the successful completion of a scoping study has led into pre-feasibility work which is underway.Where Oman's concerned, Archer says they're hoping to be in production this year. He says they're waiting on two final ministerial a...Read More
Francesco Gardin, chief executive of Clear Leisure PLC (LON:CLP), tells Proactive they've set up a new technology venture which will include interests in a 3D mapping business and a Bitcoin mining blockchain data centre.Clear Leisure has entered into a binding agreement with its joint venture partner, 64Bit Limited, a Malta data centre operator specialising in Bitcoin "mining" and powered by low-c...Read More
Ex-Massey Energy CEO Don Blankenship, who served a one-year prison term on charges related to the deadliest US mine disaster, is now officially running for the U.S. Senate in West Virginia.Blankenship kicked off his campaign Thursday night with a town hall meeting for voters in which he vowed to support President Donald Trump's pro-coal stance with "actions."Blankenship kicked off his campaign Thu...Read More
Gold Mining Stock Outlook - January 2018Read full newsRead More
Advanced Micro Devices Inc. shares rose Thursday after one analyst said the chip maker is probably benefiting more from cryptocurrency mining-related sales than it is letting on.Read full newsRead More
In order to promote the upcoming film 'Phantom Thread', writer/director Paul Thomas Anderson participated in a far-reaching and insightful AMA.Read full newsRead More
Sudan Gold Coin (SGC Token), is among few Cryptocurrency that is backed by real physical assets.Read full newsRead More