* Europe opens mixed after best day for world stocks in 6 months* Wall St propelled to record highs on tax bill hopes* Dollar treads water, currencies less sanguine about tax impact* Rand rally eases after best two days since 2008 global crisis* Gold on first 3-day winning streak since October* Industrial metals fall after 4-day rally in copper, nickelBy Marc JonesLONDON, Dec 19 (Reuters) - World...Read More
Meteoric Resources (ASX:MEI) has released an operational update for the three months to 31 March. In the quarter, MEI confirmed high-grade cobalt mineralisation at Mulligan with rock chip samples grading up to 9.71% cobalt and 16.5 g/t gold, and picked up two new primary cobalt projects in Canada - the Gillies Limit Project and the Burt Cobalt Project, as shown below:In addition, assay results fro...Read More
Castillo Copper (ASX:CCZ) todayannounced that an updated desktop review has identified newprimary cobalt targets at the Cangai Cobalt Project(previously Jackaderry North).A key finding is the material exploration upside for cobalt mineralisationacross both Cangai cobalt/copper projects.Exploration for new cobalt targets is set to progress concurrentlywith the Cangai Copper Mine expansion campaign....Read More
Following its announcement yesterday that it had finalised its acquisition of the Very Small Particle Company, Lithium Australia (ASX:LIT) has this morning informed the market it has found abundant lithium micas within the ore found at its Lepidolite Hill project.Test work on ore-sorting products confirms LIT's successful separation of lithium micas using an X-ray transmission ore-sorting method,...Read More
Archer Exploration Limited (ASX:AXE) has today announced the signing of a Collaboration Agreement and a complementary Research Service Agreement with The University of New South Wales (UNSW) to develop and implement AXE's graphite and graphene materials for use in lithium-ion battery energy storage systems. The aim of the research will be to achieve technological advances through AXE's graphite an...Read More
Empire Resources Ltd (ASX:ERL) hasprovided an update on its progress at the Penny's Find Gold Mine.The Penny's Find Joint Venture (PFJV)has now commenced its fourth toll treatment campaign at the Lakewood Milllocated on the outskirts of Kalgoorlie-Boulder in Western Australia. ERL has indicated that the latest tollcampaign will process some 28,000 tonnesof high grade ore from the open pit at Lakew...Read More
The Report Card on British Columbia's Elementary Schools 2018 collects a variety of relevant, objective indicators of school performance into one, easily accessible public document so that anyone can analyze and compare the performance of individual schools. By doing so, the Report Card assists parents when they choose a school for their children and encourages and assists all those seeking to imp...Read More
ArcherExploration Limited (ASX:AXE) has today informed the market of 'outstanding'results from recent metallurgical test work conducted on a composite drillsample sourced from the its 100% owned Jamieson Tank Manganese Project in SouthAustralia. The test work undertakenby an independent laboratory has confirmed that manganese from AXE's JamiesonTank project can make electrolytic manganese dioxide...Read More
LithiumAustralia NL (ASX:LIT) today announced that it has acquired the MoolyellaLithium-Tin-Tantalum Project (EL 45/4766) in the Pilbara region of WA, about1300km north-east of Perth. LITpurchased this tenement from Anova Metals Australia Pty Ltd. Consideration forthe acquisition is $25,000 cash and $25,000 of fully paid shares in LIT valuedat the 20-day VWAP of $0.1509 (equating to 165,653 shares...Read More
In the latest sign of the volatile state of the commodities’ markets, the U.S. Treasury Department on Monday dialled back the scope of its sanctions against Russia, aluminum and palladium prices plunged while Canadian metal companies’ shares also slipped.Last week, palladium hit US$1,040 per ounce - its highest price since February - in what many executives attributed to fears tha...Read More
Katanga Mining Ltd. will soon be the world’s top cobalt miner, churning out thousands of tons of metal and billions of dollars in revenue for Glencore Plc. It’s also turning into a major thorn in the commodity giant’s side.Katanga is controlled by Glencore but trades in Toronto, making it one of few options for equity investors seeking exposure to the coveted battery ingredient....Read More
Over the past fifteen years, Ontario's provincial economy has struggled relative to the rest of the country. The reasons for Ontario's economic weakness are complex and varied. However, public policy choices have been a contributing factor.One area that stands out as a particularly strong candidate for reform is tax policy. Specifically, Ontario's personal income tax (PIT) system undermines Ontari...Read More
This product is classified as 'very high risk' in nature due to itslocation and geopolitical situation of the region. Finfeed advises that extracaution should be taken when deciding whether to engage in this product,however if you are not sure whether it is suitable for you we suggest you seekindependent financial advice.Black Rock Mining (ASX:BKT) today announced that it hassuccessfully railed a...Read More
After several years marked by operational difficulties and debt reduction, Barrick Gold Corp. on Tuesday opened its first quarter earnings in 2018 by telling shareholders it received two credit upgrades and is returning its focus to growth. Gold production hit 1.05 million ounces this quarter - down 20 per cent from last year and behind pace to meet its annual target of 4.5 to 5 million ounces - b...Read More
ALMATY — London-listed Chaarat Gold Holdings (CGH) offered on Tuesday to buy Kyrgyzstan’s largest gold mine, Kumtor, from Canada’s Centerra Gold for an undisclosed cash sum, in a deal that would also involve Kyrgyz state firm Kyrgyzaltyn.Centerra and Kyrgyzstan have had a series of disputes over sharing profits from Kumtor, and Chaarat said it was offering the Central Asian natio...Read More
MinRexResources Limited (ASX:MRR) has delivered an update on its currentpre-acquisition due diligence for three cobalt-scandium-nickel projects in NSWand WA being undertaken by a geology consultant. Due diligencework by the geology team on the Pacific Express project in NSW is now focusedon six prospective areas for high-grade cobalt-scandium mineralisation. Provingup the region's prospectivity fo...Read More
Lucara Diamond Corp. has found another huge diamond at its mine in Botswana.The company unearthed a 327-carat top white-gem diamond just two weeks after finding a 472-carat light brown stone. It’s the ninth-largest diamond discovered by Lucara, which now produces some of the biggest and best in the world.Lucara unearths another massive diamond from Botswana mineThe fifth-largest diamond in h...Read More
LithiumAustralia (ASX:LIT) today provided an update on the progress of its cuttingedge SiLeach (R) plant design. Itsfront-end engineering and design (FEED) activities are progressing as plannedwith undertakings including preliminary equipment specifications, materialselection, infrastructure, assessment of contracting strategies, discussionwith vendors selected for the supply of specialised equipm...Read More
After years of paying down debt and restructuring its operations, a new question mark hangs over Toronto-based Sherritt International Corp: whether the leadership change in Cuba will affect its extensive nickel, cobalt and energy operations located within the tropical island nation.Sherritt refers to itself as Cuba’s largest foreign investor, and derives most of its revenues from operations...Read More
Some silver bulls lacking patience are being driven mad by its seemingly interminable sideways pattern, yet you shouldn't be, because the continuing sideways movement allows more time to build a portfolio of silver investments ahead of the major bullmarket that we know is incubating. Right now it is being held in restraint like gold, by the dollar rallying, but that won't carry on forever, and as...Read More