CMX Gold & Silver Corp. (CSE:CXC; OTC:CXXMF) ('CMX' or the 'Company') announces holders of its secured convertible debentures in the principal amount of $295,641 have agreed to extend the maturity date of the debentures by one year to January 31, 2019.Read full newsRead More
George Roach, CEO of Premier African Minerals Ltd (LON:PREM) tells Proactive of plans to float off its Zulu lithium project in Zimbabwe. Premier is approaching its 51% partner in RHA to assist in facilitating a long-term solution for the tungsten project following the loss of a third of its share value. George also tells Proactive how political changes in Zim could bode well for investors. M...Read More
Midatech Pharma Plc (LON:MTPH, NASDAQMTP) boss tells us how the company has secured a US$15mln, four-year senior loan facility that will be used to bankroll the clinical development of two promising cancer drug candidates. The funding has come via MidCap Financial, a middle market finance house, and Midtech has drawn down an initial US$7mln of the facility. CEO Jim Phillips tells Proactive what th...Read More
While Bitcoin remains lower in 2018, down around 2%, Ethereum, Litecoin, and Ripple are surging with ETH breaking to a new record high over $880 following headlines that Russia is exploring ways to create a 'cryptorouble'.Read full newsRead More
The geopolitical risks in 2018 are "easily as bad" as the economic risks in 2008, Eurasia's Ian Bremmer says.This year could see a geopolitical crisis on the scale of the financial crash a decade ago, Eurasia Group warned in its annual outlook.Describing global political challenges as "daunting," the New York-based political risk consultancy said that "if we had to pick one year for a big unexpec...Read More
A total of 68 stations were closed by the Ministry of Commerce and Investment following nation-wide inspections.Read full newsRead More
Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.Read full newsRead More
Russia's oil industry continued its long-term expansion last year, with production hitting a record even as President Vladimir Putin joined forces with OPEC to clear a global glut and lift prices.Read full newsRead More
BEIRUT, LEBANON (8:05 P.M.) - The Syrian Arab Republic has condemned the stances of the U.S. and Israeli regimes in regards to the Iranian protests, an offRead full newsRead More
Companies that make packaging from plants instead of fossil fuels are starting to challenge the oil industry's ambition to increase the supply of raw materials for plastics.Read full newsRead More
Gold is starting the new year on the front foot. Bullion advanced for an eighth session to head for the longest stretch of gains since mid-2011, building on an annual surge.Read full newsRead More
Forestry management company Active Energy Group PLC (LON:AEG) has successfully completed the initial testing of its five tonne per hour CoalSwitch biomass fuel plant in Utah. CEO Richard Spinks tells Proactive how this proves the technology is scalable to full commercial production and gives us the latest updates on projects in Newfoundland, Labrador and Alberta. Meet Chaarat Gold Holdings L...Read More
U.S. equity futures are higher in the first trading session of 2018 offsetting Friday's last hour sharp drop, as Asian stocks roar to new all time highs, while a surging euro which has rallied near to a 3 year high pressured European stocks across the board.Read full newsRead More
The initial price of bitcoin, set in 2010, was less than 1 cent. Now it's crossed $16,000. Once seen as the province of nerds, libertarians and drug dealers, bitcoin today is drawing millions of dollars from hedge funds. The recent price surge may be a bubble. Or it could be a belated recognition by the broader financial community that so-called cryptocurrencies -- digital forms of money -- are go...Read More
A second Sino-Russian oil pipeline began operations on New Year's Day, doubling China's capacity to import crude from the East Siberia-Pacific Ocean system.Read full newsRead More
The corporate agenda tends to be mercifully light at the start of January, save for the retailers' Christmas updates, starting with Next Plc (LON:NXT).The fashion firm releases a trading update on Wednesday covering the important Christmas trading period, and shareholders have every right to be a tad nervous after reports that the Boxing Day sales were not the crowd-pullers they once used to be, p...Read More
BEIRUT, LEBANON (6:45 A.M.) - Concerned military, intelligence and diplomatic figures within the United States have reportedly given Israel permission to aRead full newsRead More
Brazil's Vale (NYSE:VALE), the world's largest iron ore and nickel miner, said in a securities filing on Tuesday that on January 8, 2018, it will conclude the sale of a fertilizer unit to US-based Mosaic Co. (NYSE:MOS) with adjustments. The changes will reduce the price tag of the sale by $1.35 billion. The South American miner revealed that it wants to retain control of the TIPLAM port terminal,...Read More
Gold is starting the new year on the front foot. Bullion advanced for an eighth session to head for the longest stretch of gains since mid-2011, building on an annual surge.Read full newsRead More
International diamond trading network Rapaport Group released a report that states that, following a better-than-expected holiday season, polished diamond prices stabilized in December 2017.Even though the company's RapNet Diamond Index, known as RAPI, slid 1.7% for 3-carat diamonds in the last month of the year, it edged up 0.3% for 1-carat diamonds, 1.2% for 0.30-carat diamonds, and 0.6% for 0.5...Read More