Vancouver-based Xiana Mining (TSXV: XIA), formerly Dorato Resources, paid $25 million and a 1.5% net smelter royalty to acquire Glencore's (LON:GLEN) Minera Altos De Punitaqui in Chile.Minera Altos De Punitaqui (MAP) is a copper-gold producing company that currently holds three operating mines, additional exploration licenses, a concentrator, and associated infrastructure. All these elements are c...Read More
Vancouver-based Xiana Mining (TSXV: XIA), formerly Dorato Resources, paid $25 million and a 1.5% net smelter royalty to acquire Glencore's (LON:GLEN) Minera Altos De Punitaqui in Chile.Minera Altos De Punitaqui (MAP) is a copper-gold producing company that currently holds three operating mines, additional exploration licenses, a concentrator, and associated infrastructure. All these elements are c...Read More
* Euro stuck below $1.13 on Italian jitters, growth worries * Dollar pulls back from 16-month high on profit taking * Sterling traders brace for Brexit cabinet meeting* Swedish crown knocked lower by inflation data * Graphic: World FX rates in 2018 (Adds details, updates prices)By Tommy WilkesLONDON, Nov 14 (Reuters) - The euro struggled below $1.13 onWednesday as Italy stuck to its deficit target...Read More
HISTORICAL DRILLING INCLUDES INTERCEPTS OF UP TO 20 G/T GOLD NEAR SURFACE FROST PROJECT 12 MILES FROM GRASSY MOUNTAIN, HAS SIMILAR GEOLOGICAL SIGNATURESWINNEMUCCA, Nev., Nov.14, 2018(GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount") today announced that it has entered into an agreement with Nevada Select Royalty ("Nevada Select"), a wholly owned subsidiary of Ely G...Read More
HISTORICAL DRILLING INCLUDES INTERCEPTS OF UP TO 20 G/T GOLD NEAR SURFACE FROST PROJECT 12 MILES FROM GRASSY MOUNTAIN, HAS SIMILAR GEOLOGICAL SIGNATURESWINNEMUCCA, Nev., Nov.14, 2018(GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount") today announced that it has entered into an agreement with Nevada Select Royalty ("Nevada Select"), a wholly owned subsidiary of Ely G...Read More
* China retail sales growth slows, industrial output rises * Nickel touches fresh 11-month low * GRAPHIC-2018 asset returns: (Updates with closing prices, Lead and zinc balance)By Zandi ShabalalaLONDON, Nov 14 (Reuters) - Base metals held steady onWednesday as weak retail sales data from top consumer China tookthe shine off upbeat industrial output and investment figures inthe country.Benchmark co...Read More
* Silver matches its lowest since Jan. 21, 2016 * GRAPHIC-Gold/silver ratio:* SPDR Gold Trust holdings fell on Tuesday (Updates prices)By Sumita LayekNov 14 (Reuters) - Gold prices fell on Wednesday as thedollar held near a multi-month high buoyed by interest frominvestors seeking cover from sliding stocks and by prospects forhigher U.S. interest rates.Spot gold was down 0.1 percent at $1,201.08 p...Read More
SHANGHAI, Nov 14 (Reuters) - The outlook for copper demandin the mid to long term remains healthy despite current tradefriction between China and the United States as a renewableenergy revolution will require vast amounts of the metal,industry executives said on Wednesday.Delegates at the Asia Copper Conference in Shanghai notedrecent Chinese indicators showed the real impact on demand forcopper-i...Read More
Shares in Canadian miner Ivanhoe Mines (TSX:IVN) climbed Wednesday as it announced that exploration drilling at its Kamoa North prospect area, which forms part of the Kamoa-Kakula mining licence in the Democratic Republic of Congo (DRC), had defined two new, continuous corridors of shallow and high-grade copper mineralization.The newly delineated copper corridors occur on the western flank of the...Read More
Shares in Canadian miner Ivanhoe Mines (TSX:IVN) climbed Wednesday as it announced that exploration drilling at its Kamoa North prospect area, which forms part of the Kamoa-Kakula mining licence in the Democratic Republic of Congo (DRC), had defined two new, continuous corridors of shallow and high-grade copper mineralization.The newly delineated copper corridors occur on the western flank of the...Read More
Canada's IAMGOLD (TSX: IMG) has triggered force majeure to suspend operations at its Rosebel Gold Mine in Suriname because some unionized employees have started a work stoppage.In a press release, the miner said the strike is a breach of the Collective Labour Agreement that prescribes a number of procedures in the event of a dispute between Rosebel and Rosebell Werknemers Organisatie. The company...Read More
Canada's IAMGOLD (TSX: IMG) has triggered force majeure to suspend operations at its Rosebel Gold Mine in Suriname because some unionized employees have started a work stoppage.In a press release, the miner said the strike is a breach of the Collective Labour Agreement that prescribes a number of procedures in the event of a dispute between Rosebel and Rosebell Werknemers Organisatie. The company...Read More
"Excellent interview with Macquarie's estimable Jim Lennon on #nickel - putting an end to the notion of class 1 vs class 2 price bifurcationhttps://t.co/8s5Z9UcdUA"Read full newsRead More
This free e-book offers options basics for any trader.It's essential for every trader to occasionally take a step back, and consider their long-term trading goals.Some traders aretrying to fund a child's college education, augment their own retirement, or leave the daily 9-to-5 grind once and for all, while others are seeking a way to smooth out crazy market volatility and whipsaw swings in their...Read More
Canada's Pan American Silver (TSX:PAA) (NASDAQ:PAAS) is buying precious metal miner Tahoe Resources (TSX:THO) (NYSE:TAHO) for $1.07 billion in cash and stock, creating one of the world's largest silver producers.Pan American, already the world's second-largest primary silver miner, will effectively double its silver reserves with the acquisition, as Reno, Nevada-based Tahoe Resources owns a maj...Read More
Canada's Pan American Silver (TSX:PAA) (NASDAQ:PAAS) is buying precious metal miner Tahoe Resources (TSX:THO) (NYSE:TAHO) for $1.07 billion in cash and stock, creating one of the world's largest silver producers.Pan American, already the world's second-largest primary silver miner, will effectively double its silver reserves with the acquisition, as Reno, Nevada-based Tahoe Resources owns a maj...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce it has been selected to receive funding from Western Innovation (WINN) Initiative 2018 program.WINN is a $100 million, five-year, federal government program that is providing funding to small and medium sized businesses based in Western Canada, to help them commercialize their prod...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended modestly lower on Tuesday, a session after the blue-chip index fell 600 points on a selloff in tech shares.Home Depot Inc. (HD) fell slightly after the home-improvement retailer posted stronger-than-expected third-quarter earnings and raised its full-year profit guidance.Ap...Read More
The decision by the United States Treasury to extend the deadline for US companies to wind down their contracts with Russian producer Rusal has had little effect on global aluminium premiums over the week ended Tuesday November 13, with the market still watching the backwardated December-January spreads. Rotterdam premiums unchanged; market focused on first-quarter deals MJP dips on backwardation...Read More
Closing prices for base metals on the London Metal Exchange were mixed on Tuesday November 13, with lead the biggest positive move of the day while zinc failed to close above its nearby support level amid record-low LME inventories for both metals. The three-month lead price climbed over 1% today, recovering losses made at Monday's close and pushing above $1,950 per tonne to $1,952 per tonne at 5p...Read More