Emgold Mining (TSXV: EMR) just signed an agreement to sell its 100%-owned Troilus North property to Troilus Gold (TSE: TLG) for 3,750,000 Troilus Gold common shares and C$250,000 in cash.The sale is expected to be finalized the first week of December and upon its completion, Emgold will keep approximately 7.1% of Troilus Gold's issued and outstanding share capital."Emgold is very excited to have b...Read More
MOSCOW - The Russian government could buy up to 50,000 tonnes of aluminium for the state reserve, a government decree showed on Wednesday, in a move that would support sanctioned Russian aluminium producer Rusal.The decree, dated Nov. 26, allocated up to 10 billion roubles ($149 million) for the plan and is the initiative of Russian tycoon Oleg Deripaska, a government source told Reuters.Deripaska...Read More
(Updates with closing prices)By Peter HobsonLONDON, Nov 28 (Reuters) - Zinc prices rose on Wednesday asfalling stockpiles and rising premiums for nearby metalhighlighted a short-term supply squeeze, halting a slide to10-week lows.The metal, used to galvanise steel, had tumbled more than 7percent from last Thursday's close as traders anticipated anincrease in supply and weakening demand from steelm...Read More
Shares in Condor Gold (LON:CNR) jumped Wednesday after the miner announced it had extended known targets and discovered new high-grade vein systems at its La India project in Nicaragua.The company said it was working to prove a 5-million-ounce gold district, adding it had already applied to the Ministry of Energy and Mines for two adjacent concessions that will expand the La India land package f...Read More
Shares in Condor Gold (LON:CNR) jumped Wednesday after the miner announced it had extended known targets and discovered new high-grade vein systems at its La India project in Nicaragua.The company said it was working to prove a 5-million-ounce gold district, adding it had already applied to the Ministry of Energy and Mines for two adjacent concessions that will expand the La India land package f...Read More
Shares in Condor Gold (LON:CNR) jumped Wednesday after the miner announced it had extended known targets and discovered new high-grade vein systems at its La India project in Nicaragua.The company said it was working to prove a 5-million-ounce gold district, adding it had already applied to the Ministry of Energy and Mines for two adjacent concessions that will expand the La India land package f...Read More
M2 Cobalt (TSXV: MC) has announced it is moving forward with the development of its Bujagali mine is south-central Uganda.In a media statement, the Vancouver-based junior said it commenced drilling at its Bombo and Bombo NW targets. The campaign is expected to comprise at least 1,000 metres of diamond core drilling and is designed to test a number of targets across a broad area in what is now beli...Read More
M2 Cobalt (TSXV: MC) has announced it is moving forward with the development of its Bujagali mine is south-central Uganda.In a media statement, the Vancouver-based junior said it commenced drilling at its Bombo and Bombo NW targets. The campaign is expected to comprise at least 1,000 metres of diamond core drilling and is designed to test a number of targets across a broad area in what is now beli...Read More
The Spence copper mine was operating normally again following the union strike announced on Wednesday, the company said.On Monday, unionized workers at BHP's Spence copper mine in Chile downed tools over layoffs, halting operations at the mine until today.The move followed the dismissal of 49 workers and eight supervisors, union president Ronald Salcedo told local radio B?-o B?-o, which made the r...Read More
Tanzania's Acacia Mining (LON: ACA) has ended an earn-in agreement with Canada's Sarama Resources (CVE: SWA) over the South Hound?(C) gold project in Burkina Faso to focus on core projects.Acacia and Sarama had originally agreed to a deal which could have seen the Tanzanian miner earn up to a 70% stake in South Hound?(C) after funding $14 million in exploration costs over a four-year period.Acaci...Read More
Tanzania's Acacia Mining (LON: ACA) has ended an earn-in agreement with Canada's Sarama Resources (CVE: SWA) over the South Hound?(C) gold project in Burkina Faso to focus on core projects.Acacia and Sarama had originally agreed to a deal which could have seen the Tanzanian miner earn up to a 70% stake in South Hound?(C) after funding $14 million in exploration costs over a four-year period.Acaci...Read More
Falyn Page| @falynspagePublished 22 Hours AgoUpdated4 Hours AgoCNBC.com Gold jumped from near a two-week low on Wednesday after U.S. Federal Reserve Chair Jerome Powell said interest rates were "just below" neutral, soothing investor worries over the pace of rate hikes.U.S. gold futures settled up $10.20, or 0.8 percent, at $1,223.60."Interest rates are still low by historical standards, and they...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce that the Company will be collaborating with a local non-profit charity organization, Mamas for Mamas this holiday season. For every winter coat sold from November 27, 2018 - December 11, 2018, Peekaboo Beans will be donating a coat to the charity, providing relief to local m...Read More
"$MOS - The Mosaic Company (MOS) CEO James O'Rourke Presents at Citi's 2018 Basic Materials Brokers Conference - Slide Show https://t.co/MoTb1MkjHc"Read full newsRead More
"$MOS - The Mosaic Company (MOS) CEO James O'Rourke Presents at Citi's 2018 Basic Materials Brokers Conference (Transcript) https://t.co/tU1e5vygTQ"Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed higher Tuesday afternoon, shaking off the latest Trump comment that he expects to press ahead with higher tariffs on China-made goods.Apple Inc. (AAPL) declined 0.4% after Donald Trump hinted at new tariffs on iPhones.United Technologies Inc. (UTX) slid 4% after the industrial...Read More
A summary of base metals premiums from across the globe for the week to Tuesday November 27.Please click...Read More
Base metals prices on the London Metal Exchange were lower at the close of trading on Tuesday November 27, with tin's three-month price hitting its lowest point since August 2016 amid strength in the dollar index. Reaching an intraday low of $18,215 per tonne, tin futures have fallen more than 7.3% from the November 19 high of $19,700 per tonne. The metal's LME price remains broadly impervious to...Read More
A lack of sufficient alumina supply has caused European aluminium producer Trimet to cut alumina input at its plants in Germany and France by 10%, the company told Fastmarkets. "Trimet expects to resume to full capacity in early 2019," Thomas Reuther, member of the board at Trimet Aluminium SE, said in a statement, referring to primary production that uses alumina as a raw material. The company co...Read More
Chrome ore and ferro-chrome markets were subdued in China in the week ended Friday November 23 ahead of December ferro-chrome tender announcements. UG2 prices hold in ChinaCharge chrome import prices hold in China, domestic alloy prices edge lowerAlloy prices hold in Japan, weaken in South KoreaAlloy prices continue lower in Europe Chrome ore and ferro-chrome prices were largely stable in China o...Read More