Toyota Motor Corp and Panasonic Corp are set to launch a joint venture next year to produce batteries for electric vehicles (EV) in an effort to compete with Chinese rivals, a source familiar with the matter said.The joint venture, to be owned 51 percent by Toyota and the rest by Panasonic, could also provide batteries to Toyota's EV technology partners Mazda Corp (7261.T) and Subaru Corp (7270.T)...Read More
The Porsche Taycan is widely considered to be theRead full newsRead More
Ask Macron how climate change legislation is working out...Read full newsRead More
Aphria Inc. is vowing to resistRead full newsRead More
"It's the elephant in the room that no one is talking about," George Robinson, chief executive officer of RavenQuest BioMed Inc. said in an interview with BNN Bloomberg.Read full newsRead More
Goldsource Mines has discovered more near surface gold with the first two drill holes of an ongoing exploration campaign at its Salbora gold target, 1.5 km northwest of its Eagle Mountain gold project in Guyana.The two diamond core holes cut gold mineralization below a previously dug trench that returned 1.92 grams gold over 123 metres. The company estimates the target's surface foot print is 500...Read More
Goldsource Mines has discovered more near surface gold with the first two drill holes of an ongoing exploration campaign at its Salbora gold target, 1.5 km northwest of its Eagle Mountain gold project in Guyana.The two diamond core holes cut gold mineralization below a previously dug trench that returned 1.92 grams gold over 123 metres. The company estimates the target's surface foot print is 500...Read More
Galway Metals has discovered 7 metres of visible gold starting 51 metres downhole in a new area of its Clarence Stream project in New Brunswick, its second gold discovery on the property in two and a half years of drilling.The new gold zone is along strike of the project's George Murphy and Jubilee Zones.The discovery hole intersected weathered, altered sediments with disseminated pyrite and arsen...Read More
Norway's massive sovereign wealth fund has increased its exposure to coal reserves even after imposing restrictions on investing in the fossil fuel that's seen as one of the main catalysts for global warming, according to a report.The findings are another illustration of how the ban, which restricts investments in companies that get more than 30 percent of their activity or revenue from coal, stil...Read More
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Wednesday after the company said it expected a decline in silver output in 2019.The company, which is the world's largest primary silver producer and Mexico's No.2 gold miner, posted record silver production, and strong gold output in 2018, despite it being a "challenging year" for the company.Delivering production fi...Read More
A report issued by the Amsterdam-based Responsible Mining Foundation reveals that many Toronto-listed junior and mid-tier mining companies do not properly disclose environmental, social and governance information related to their mine sites in Australia, Burkina Faso, Canada, the Ivory Coast, Liberia, Mali, Mexico, Kyrgyz Republic, and Suriname.The study assessed mine-site-level disclosure by 12 c...Read More
QMC Quantum Minerals (TSXV: QMC) announced that it is currently in discussions with SGS Canada to have them run preliminary metallurgical testing on a large lithium pegmatite sample to be obtained from the company's Irgon Lithium Mine Project in southeastern Manitoba, Canada.In a press release, QMC explained that the study will be designed to produce a saleable concentrate for which there will be...Read More
Canada's First Quantum Minerals (TSX:FM) has scrapped plans to lay off 2,500 workers in Zambia over an increase in mining taxes, and has committed to extend talks with the southern African nation's government over the issue.The Toronto-based said last month it had exhausted all other avenues of cost reduction, adding the job cuts would be implemented in phases during the first three months of 2019...Read More
Chilean miner Antofagasta Plc. (LON:ANTO) ended 2018 on a very high note as it produced a record amount of copper in the final quarter of the year, which led it to post annual output at the higher end of its forecast.The company, majority-owned by Chile's Luksic family, one of the country's wealthiest, churned out 220,000 tonnes of the red metal in the three months to December, up 16% from the pr...Read More
Barrick Gold Corp.'s full-year gold production was 4.53 million ounces for 2018 and full year gold sales of 4.54 million ounces, according to preliminary results announced Jan. 21.Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce Mr. Raymond J. Roman has been appointed to the Board of Advisors.Mr. Roman's operational and managerial experience has spanned over 30 years, with various senior executive positions expanding his proficiency in wireless telecommunications and technology in the United States.Cu...Read More
[Editor’s note: This story was originally published in August 2018. It has since been updated and republished to reflect changes in stock price, although the writer’s opinions may have changed.]The stock market is a mess right now. Ever since Facebook (NASDAQ:FB) dropped the ball, the whole tech sector has rolled over and markets have dropped. The broad market volatility, however, does...Read More
Balmoral Resources (TSX: BAR; US-OTC: BALMF) has discovered several new nickel sulphide zones in the central part of its Grasset Ultramafic complex in Quebec after drilling the area during its fall 2018 exploration program. The new discoveries sit 7 km northwest of the company's Grasset polymetallic deposit.Highlights from the area include 1.05% nickel, 0.31% copper, 0.05% cobalt, 0.2 grams platin...Read More
Last week we discussed the difference between a rally and bull market. Gold stocks have been in a rally. That rally is now over as gold stocks peaked at their 400-day moving averages days ago and sliced through their 200-day moving averages Friday.Take a look at the charts of any gold stock index (GDX, GDXJ, HUI) and it's clear they are in a downtrend. Go back two to three years. You'll see lo...Read More
While an improving global economic outlook coupled with a firmer U.S. dollar and higher interest rates points to poor prospects for gold during 2019, there are signs that Equinox Gold Corp. (TSXV:EQX) will rally over the year. The miner has lost 19% over the last year compared to gold, only shedding 4% and creating an opportunity for investors to gain levered exposure to the yellow metal by inves...Read More