"Canada Cobalt Works is the player to watch in Northern Ontario's Cobalt Camp! Stay Tuned Read About it: https://t.co/W4OZqg5Xrz #CCW $CCW @canadacobalt #Cobalt #Mining #CCW.V #Silver #TSXV #SmallCaps #batterymetals #momentumstocks"Read full newsRead More
SK Innovation Co., a supplier to automakers including Volkswagen AG, is aiming to break even on its electric-vehicle battery business by 2021, when it expects to reach mass production rates at plants being built now.The South Korean company, which earns money today from its core oil-refining and petrochemical operations, expects to ramp up EV battery-cell capacity from about 5 gigawatt hours now t...Read More
A new ?165 million (about $218 million) coal mine, Woodhouse Colliery, has been unanimously approved by councillors in the county of Cumbria, in northwest England. The mine promises hundreds of jobs, but also protests by environmental activists.West Cumbria Mining plans to open the country's first new deep coal mine next to the site of the former Hag colliery in Whitehaven, which closed down t...Read More
Gas and iron ore operations on Australia's west coast are bracing for an approaching cyclone just as a severe storm in the nation's northeast dumps heavy rain on Rio Tinto Group's biggest bauxite mine.Tropical cyclone Veronica is 545 kilometers (339 miles) north of Port Hedland, a key export point for Western Australia's iron ore shipments. The storm is forecast to intensify as it moves closer to...Read More
South Africa's labour court ruled on Wednesday that the extension of a wage agreement to cover all gold unions and non-unionised employees of mining group Sibanye-Stillwater is valid and lawful, the miner said.Sibanye had in December extended the agreement, reached the previous month with the National Union of Mineworkers, UASA and Solidarity, to all employees at its South African gold operations,...Read More
Energy and resources open innovation platform Unearthed joined forces with Adelaide-based OZ Minerals to launch the Explorer Challenge, a competition that brings together data scientists, geoscientists and mining professionals to create machine learning-based mining solutions.Competitors who achieve the goal of predicting the next big mineral deposit in South Australia using real geoscientific dat...Read More
Researchers at Australia's Curtin University announced that they are working on a project to develop a new fingerprinting tool capable of delving deeper into the Earth's rock layers.In a press release, the scientists said the mechanism promises to be crucial for the country's mining and petroleum sectors because it will enhance their understanding of the Earth's sedimentary rocks.Northern Star Res...Read More
South Africa's Petra Diamonds (LON:PDL) is keeping founder Adonis Pouroulis as chairman, despite some shareholders voting against his renewal at the 2018 annual general meeting.The company, which last month appointed former gold miner Richard Duffy as chief executive effective in April, said the appointment of a new chair was "not appropriate" at this time.Petra said the board and nomination comm...Read More
"One of last year's best-performing hedge funds says the "trade of the century" is to buy gold and sell stocks https://t.co/b5C8ytrbEA via @markets"Read full newsRead More
"One of last year's best-performing hedge funds says the "trade of the century" is to buy gold and sell stocks https://t.co/b5C8ytrbEA via @markets"Read full newsRead More
With the Fed expected to leave interest rates unchanged at its meeting today, short of a surprise hawkish approach towards inflation, we suspect factors other than changes in monetary policy will be driving gold stocks for the foreseeable future. With that in mind, we thought our comments contained in the March Top 20 Gold Stock report remain timely for investors.One of the themes we continue to...Read More
Investors 'flabbergasted' at $1.1b stake taken in Red Chris mine by Australia's NewcrestRead full newsRead More
Investors 'flabbergasted' at $1.1b stake taken in Red Chris mine by Australia's NewcrestRead full newsRead More
Australian copper junior Aeris Resources (ASX: AIS) revealed on Wednesday that it had offered miner and commodities trader Glencore (LON: GLEN) $575 million for its CSA copper operation.Aeris said negotiations to buy the mine were at a late stage, adding that the offer consisted of $525 million in cash, $50 million in the company's shares and a royalty payable to Glencore.Aeris Resources' outsized...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce the Company is opening a permanent location in Tsawwassen Mills following the successful course of Peekaboo Beans' trial pop-up shops across the country. The store is now open in the updated location within the mall, which is conveniently located in the busy 'kid zone'. Th...Read More
The Young Mining Professionals (YMP) - a non-profit group with chapters in Vancouver, Toronto, Montreal, Sudbury, Perth, Brisbane, Johannesburg and London - held its third annual YMP Awards gala in Toronto in early March, with Mining Professional of the Year awards for 2018 handed out to Andr?(C)e St-Germain, chief financial officer of Integra Resources and Jos?(C) Vizquerra, executive vice-presid...Read More
In recent weeks we noted the bullish outlook for the stock market.Friday the S&P 500 as well as ACWX (global equity ETF ex US stocks) closed above resistance and made higher highs.Not surprisingly, as US and global equities have avoided a bear market (for the time being), precious metals have weakened. It's not a surprise that as Gold failed to breakout both the S&P 500 and global equities...Read More
On March 16, Tesla Inc (NASDAQ:TSLA) took the internet by storm, revealing its long-anticipated Model Y, a fully-electric crossover with up to 300 miles of range. This model, of course, follows the Model 3, which quickly saw more than 250,000 pre-orders.If you watched the Tesla livestream during which Elon Musk unveiled the Model 3, you would have noted how the company views itself as the saviour...Read More
One of the first places investors turn when the market is looking uncertain is gold, and with prices of the yellow stuff set to rise in 2019, it seems as good a time to check out what's on offer as any. Let's see how some of the best Canadian metals and mining stocks are doing on their market fundamentals right now, as well as in a few other areas of pertinent data, such as outlook and balance sh...Read More
With more and more economists talking about the dreaded R-word — recession — along with the weakening housing market and record consumer indebtedness, investors are right to be concerned. But we should not use this as a reason to be scared of investing.Over the long term, we have seen time and time again that markets rise and that remaining invested is the right choice. But we need to...Read More