JAKARTA, Dec 18 - Indonesia's state-owned miner PT Inalum expects to finalise a deal this week to take majority control of the local unit of global mining giant Freeport McMoRan Inc, the company's chief executive told Reuters on Tuesday.The deal will close "hopefully this week", said Budi Gunadi Sadikin, adding that a conclusion looked "highly likely."Inalum was proposing to sell a 10 percent stak...Read More
UNG has cooled off quite a bit from its steep November ramp higherWhile stocks were taking a drubbing during the month of November, natural gas futures were in the midst of a high-volatility move of their own -- albeit in the complete opposite direction. The United States Natural Gas Fund (UNG) wrapped up last month on a gain of 39.8%, which marked its biggest monthly advance in a decade (and whic...Read More
NCR shares have been hit hard in recent yearsNCR Corporation (NYSE:NCR) shares have been stuck in a two-year downtrend, falling from an early 2017 peak near $50 to Monday's close of $22.71. In more recent months, the 80- and 120-day moving averages have capped upside advances, and the stock just yesterday hit a nearly two-year low of $22.58. RBC isn't worried, however. The brokerage firm already h...Read More
WINTHROP, Washington, Dec 18 (Thomson Reuters Foundation) - Although the wooden boardwalk and turn-of-the-century saloons reflect Winthrop's Old West history as a mining town, residents these days are counting down to a year-end deadline that could see the government ban extraction there for 20 years.Dec. 29 will mark the culmination of a battle by citizens of the Methow Valley, a constellation of...Read More
WINTHROP, Washington, Dec 18 (Thomson Reuters Foundation) - Although the wooden boardwalk and turn-of-the-century saloons reflect Winthrop's Old West history as a mining town, residents these days are counting down to a year-end deadline that could see the government ban extraction there for 20 years.Dec. 29 will mark the culmination of a battle by citizens of the Methow Valley, a constellation of...Read More
The Fed will kick off its final policy-setting meeting of 2018The stock market appears to be stabilizing following yesterday's sharp sell-off, with Dow Jones Industrial Average (DJI) futures trading above fair value this morning. Today's focus will be on the Fed, which kicks off its final policy meeting of 2018. Fed funds futures are pricing in a 71.5% chance the central bank will raise interest r...Read More
Vedanta Zinc International (VZI), a subsidiary of London-listed Vedanta Resources (LON:VED), is bringing its Black Mountain Mining (BMM) operations in South Africa up to speed in terms of digital innovations by implementing Sandvik's OptiMine platform.The miner, which expects to boost safety, efficiency and productivity with the solution, said it will commission OptiMine for trucks, loaders and d...Read More
Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More
Pacific Empire Minerals (TSXV: PEMC) announced that it has entered into an option agreement with a group of vendors and consolidated a land position of over 90 square kilometres in the Babine copper-gold porphyry district in central British Columbia, Canada.In a media statement, the prospect generator said that the staked ground was added to its Paragon project, which also includes the company's W...Read More
Pacific Empire Minerals (TSXV: PEMC) announced that it has entered into an option agreement with a group of vendors and consolidated a land position of over 90 square kilometres in the Babine copper-gold porphyry district in central British Columbia, Canada.In a media statement, the prospect generator said that the staked ground was added to its Paragon project, which also includes the company's W...Read More
Pacific Empire Minerals (TSXV: PEMC) announced that it has entered into an option agreement with a group of vendors and consolidated a land position of over 90 square kilometres in the Babine copper-gold porphyry district in central British Columbia, Canada.In a media statement, the prospect generator said that the staked ground was added to its Paragon project, which also includes the company's W...Read More
Australia's largest gold producer, Newcrest Mining (ASX: NCM) has upped its holdings in Ecuador-focused explorer SolGold (LON, TSX:SOLG), which is developing the Cascabel copper-gold project in the country's north.The deal further bolsters Newcrest's position in SolGold against No.2 shareholder, BHP, as it raises its stake in the junior miner to 15.33% from 13.83%.In September, BHP bought Guyana G...Read More
Australia's largest gold producer, Newcrest Mining (ASX: NCM) has upped its holdings in Ecuador-focused explorer SolGold (LON, TSX:SOLG), which is developing the Cascabel copper-gold project in the country's north.The deal further bolsters Newcrest's position in SolGold against No.2 shareholder, BHP, as it raises its stake in the junior miner to 15.33% from 13.83%.In September, BHP bought Guyana G...Read More
Australia's largest gold producer, Newcrest Mining (ASX: NCM) has upped its holdings in Ecuador-focused explorer SolGold (LON, TSX:SOLG), which is developing the Cascabel copper-gold project in the country's north.The deal further bolsters Newcrest's position in SolGold against No.2 shareholder, BHP, as it raises its stake in the junior miner to 15.33% from 13.83%.In September, BHP bought Guyana G...Read More
Jiulian Resources (TSX-V: JLR) announced that it has received a five-year area-based permit from the British Columbia Ministry of Energy, Mines and Petroleum Resources to establish up to 60 drill sites and four kilometres of exploration trail for core drilling on its Big Kidd Property in British Columbia.Big Kidd is a 4,056-hectare property located 25 kilometres east of Merritt. Historic drilling...Read More
Jiulian Resources (TSX-V: JLR) announced that it has received a five-year area-based permit from the British Columbia Ministry of Energy, Mines and Petroleum Resources to establish up to 60 drill sites and four kilometres of exploration trail for core drilling on its Big Kidd Property in British Columbia.Big Kidd is a 4,056-hectare property located 25 kilometres east of Merritt. Historic drilling...Read More
Jiulian Resources (TSX-V: JLR) announced that it has received a five-year area-based permit from the British Columbia Ministry of Energy, Mines and Petroleum Resources to establish up to 60 drill sites and four kilometres of exploration trail for core drilling on its Big Kidd Property in British Columbia.Big Kidd is a 4,056-hectare property located 25 kilometres east of Merritt. Historic drilling...Read More
A seismic shift is currently underway in the Toronto real estate market which may have finally pricked Canada's biggest bubble...Read full newsRead More
Mitsubishi Corporation is selling its interest in two Australian thermal coal mines for A$750 million ($539 million) to its joint venture partners Glencore and Sumitomo Corp., in a move that marks the end of its involvement in upstream fossil fuels.The company, which is Japan's biggest trading house, will sell its 31.4% stake in the Clermont coal mine to GS Coal, the 50-50 joint venture between Gl...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that, subject to regulatory approval, it has retained Questrade, INC., ("Questrade"), to provide market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislations.Questrade will trade shares of good na...Read More