China has stepped up trade restrictions against Australia, with at least one clearinghouse suspending imports of a range of agricultural and mineral products, Hong Kong's daily English-language newspaper, the South China Morning Post, reported on Nov. 3.That same day, Bloomberg News also reported that the Chinese government had ordered commodity traders to stop purchasing products, including coal,...Read More
With its Cigar Lake uranium mine in northern Saskatchewan on care and maintenance for the majority of the second and third quarters, Cameco (TSX: CCO; NYSE: CCJ) reported a quarterly net loss of $61 million ($78 million adjusted) for the third quarter, following a net loss of $53 million in the previous quarter.Cigar Lake restarted in September, after a six-month suspension in response to the Covi...Read More
Australia's Human Rights Law Centre has issued a statement saying that the residents of Bougainville in Papua New Guinea have welcomed this week's decision by the Australian government to accept a human rights complaint against mining giant Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) for investigation and conciliation.The complaint, which was filed by the HRLC on behalf of 156 Bougainville residents...Read More
Global zinc production is poised to rise over the coming years as elevated prices encourage miners to restart idled capacity and begin production at new mines.Using data provided by Miningintelligence, MINING.COM takes a look at the 10 biggest zinc producers in world in terms of their 2019 output.The Red Dog mine in Alaska, operated by Canada's Teck Resources, kept its "top dog" status with zinc p...Read More
The government of Angola says it has identified key steps that it needs to take before launching its own diamond exchange in Luanda, which is slated to open by the end of 2021.Mining and oil minister Diamantino Azevedo announced on Nov. 2 that its office is working to set up a gemological academy and a technological research centre within the same free-trade zone as the Angolan Diamond Bourse (ADB...Read More
K+S still expects prices to continue to rise in the short and medium-term.It has guided for third-quarter EBITDA of €480 million.Scotiabank says the writedown is in line with its recent projections about increased commoditisation of potash leading to lower mid-cycle prices and valuation multiples."While an impairment charge of this magnitude is obviously not positive, it's also far from new a...Read More
The election is going to dominate the news cycle for quite some time. We'll be hearing about the chaos surrounding it and the analysis that will come after it's all decided for the rest of the year. It makes sense. It's the biggest story in a year full of big stories. It's a historic event playing out in real-time. But as you follow ongoing developments, other important stories are going to fall...Read More
November 4, 2020 - Brixton Metals Corp. (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has closed its previously announced non-brokered private placement of units of the Company for gross proceeds of C$2,000,000 (the “Private Placement“) with Mr. Robert Friedland's controlled affiliate, Newstar Advantage Ltd. Further details are provided in the pr...Read More
LAURION Mineral Exploration Inc. and is pleased to report additiRead full newsRead More
Western Copper and Gold Corporation announces that it has filed aRead full newsRead More
FireFox Gold Corp. is pleased to announce that it has started driRead full newsRead More
Rob McEwen, Chairman and CEO of McEwen Mining, joins us to answer your questions and share his insights about the mining industry. Visit our website https://...Read full newsRead More
Vancouver, BC - Sona Nanotech Inc. (CSE: SONA), (OTCQB: SNANF) ("Sona Nanotech" or the "Company") is pleased to announce the appointment of Mr. J. Mark Lievonen, C.M., to the Company's Board of Directors. Mr. Lievonen is the former President of Sanofi Pasteur Limited, the Canadian vaccine division of Sanofi. Under his leadership, Sanofi Pasteur became a billion dollar enterprise in Canada, manufac...Read More
Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More
Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More
Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More
The best thing about stocks is that you can start investing in it with a very small amount. While returns are not guaranteed in the stock market, a small but consistent investment can fetch you hefty gains in the long term. For instance, a weekly investment of $100 for 20 years can amount to $332,131, even at a modest return of 10% annually. So, if you can invest regularly and commit to stay...Read More
It's made an odd-lot offer to those holding less than 100 shares, and offered to repurchase shares from those holding between 100-400 shares.The company said its number of ordinary shareholders had increased by about 60% to 30,000 after its June 2019 Lonmin acquisition.It said about 50% of these shareholders owned less than 400 shares, representing about 0.05% of its shares in issue.The offe...Read More
On July 11, 2013, I told you how IP traffic on the internet was going to grow four times in size. I wrote: Within the next four years, the size of the internet is expected to quadruple in size. By 2016, annual IP traffic is predicted to reach 1.3 zettabytes (to put that in perspective, there are 1 trillion gigabytes in a single zettabyte).And I went on to tell you why this was going to happen and...Read More
The Chinese government has launched a new energy vehicle (NEV) industry development plan that will see NEV sales account for 20% of the country's total vehicle sales by 2025.The plan, which covers the period from 2021 to 2035, will also see battery-electric vehicles dominating new vehicle sales by 2035. By that time, China's goal is to have all of its public transport running on electric power.Ann...Read More