The British bank initiated coverage on Goldcorp, Kinross Gold, Newmont Mining and Yamana GoldRead full newsRead More
As a general rule, the most successful man in life is the man who has the best informationA decision by the Chinese government to slash production of rare earth elements (REEs) has spooked customers of the materials used in everything from cell phones to electric vehicles to smart bombs. And for those who follow the rare earths market, it's like deja vu back to 2009, when China suddenly reduced it...Read More
Shares in Horizonte Minerals saw their biggest one-day drop in over two years on Monday after the company said the nickel mine it plans to build will be less profitable than previous estimated.London-listed shares in the nickel development company closed 9.7 percent at 3.3 pence, its biggest one-day fall since June 2016. The stock is also listed in Toronto.The feasibility study on Monday showed th...Read More
U.S. cannabis producer Curaleaf Holdings Inc. started trading on the Canadian Securities Exchange Monday with a nearly $6-billion valuation, after completing a reverse takeover of Canada's Lead Ventures Inc. last week.Read full newsRead More
"The world's biggest emerald miner has found a gem that weighs more than 1.1 kilograms at its mine in #Zambia https://t.co/APBceSPNKD via @markets"Read full newsRead More
Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) (Read full newsRead More
"On this day in 2010: Tesla opens first factory (a former GM-Toyota factory)Valuation (Oct 2010):GM: $46 billion Tesla: $1 billion Valuation (Oct 2018):Tesla: $56 billionGM:$46 billion"Read full newsRead More
"Enforcer Gold Announces Red Lake Property Acquisition, $1.5 Million Private Placement Financing and Concurrent 3:1 Share Consolidation @EnforcerGold https://t.co/l4YH5aWmdd"Read full newsRead More
BEIJING, Oct 29 - Jiangxi Copper Co, one of China's leading copper producers, lifted third-quarter net profit by 2.3 percent year on year to its highest since 2014 as bumper treatment charges offset falling copper prices.The Nanchang-based company, which is still without a general manager after the departure of Wu Yuneng in July, earned net income of 767.3 million yuan ($110.31 million) in the thr...Read More
HARARE, Oct 29 (Reuters) - Zimbabwe Lithium Company (ZLC) expects to complete a pilot plant and start production of lithium concentrates in the second quarter of 2019 after a legal dispute delayed work on the project, its chief executive said on Monday. ZLC expects to produce its first concentrates of 4,000 tonnes per month in the second quarter of next year.John McTaggart said ZLC was in discussi...Read More
Historically low stocks, a yawning supply deficit and a depleted pipeline of future mine growth. Lead has all the hallmarks of a classic bull commodity story. Yet the unglamorous metal has been the worst performer this year among the core base metals traded on the London Metal Exchange (LME).LME three-month lead is currently trading around the $2,000 per tonne level, down almost 23 percent since t...Read More
Mr. David Wolfin reportsCORAL GOLD PROVIDES 3RD QUARTER 2018 EXPLORATION UPDATE ON ROBERTSONCoral Gold Resources Ltd. and Barrick Cortez Inc. have provided an update on their continuing work at the Robertson property in Nevada during the third quarter of 2018. The update includes the following: The Robertson Minex, PFS Engineering and Permitting Stage II AFE was approved. Work completed or in prog...Read More
Mr. Derek White of Ascot reports ASCOT COMPLETES ACQUISITION OF THE ADJACENT SILVER COIN PROPERTY IN NORTHWESTERN BRITISH COLUMBIAAscot Resources Ltd.has completed the previously announced purchase of the Silver Coin propertylocated immediately adjacent to Ascot's Big Missouri project in northwestern British Columbia held by Jayden Resources Inc. and Mountain Boy Minerals Ltd. Derek White, presid...Read More
LONDON, Oct 29 (Reuters) - Mining companies must forge new ties with partners from customers to governments as they pursue innovation and compete for talent with technology giants, Rio Tinto's chief executive said in a speech to be delivered on Tuesday.The mining industry has recovered from the deep commodity crash of 2015-16, but faces headwinds from U.S.-China trade tensions, which have dented t...Read More
"Merkel To Step Down As CDU Leader After Disastrous Election Results https://t.co/9C9m1a2oSW"Read full newsRead More
Rio Tinto Group, the world's second-biggest miner, said a pact to offload its stake in the $20 billion Simandou iron ore project in Guinea to its Chinese partner, Aluminum Corp. of China, has lapsed. Rio holds about 45% of the project, while Chinalco has about 40 percent and Guinea's government owns a 15 percent stakeThe parties had struck a non-binding agreement two years ago, when Rio said it c...Read More
Goldcorp (TSX:G) (NYSE:GG) received Monday C$5 million (about $3.8m) from the Canadian government for its Borden gold project, as part of the country's efforts to boost innovation in cleaner, more sustainable mining practices.Located near Chapleau, Ontario, about 160 km west of the company's Porcupine mine, Borden will be Canada's first fully-electric operation. By replacing all diesel mobile eq...Read More
Goldcorp (TSX:G) (NYSE:GG) received Monday C$5 million (about $3.8m) from the Canadian government for its Borden gold project, as part of the country's efforts to boost innovation in cleaner, more sustainable mining practices.Located near Chapleau, Ontario, about 160 km west of the company's Porcupine mine, Borden will be Canada's first fully-electric operation. By replacing all diesel mobile eq...Read More
China's Jiangsu Shagang Group, the country's biggest private-owned steel mill, said it will halt operations at five blast furnaces with total annual capacity of 3.07 million tonnes, between Nov.1 and Nov.15, state-backed China Securities Journal reported on Monday.Yonggang Group, a subsidiary of Shagang Group, will shut down four of its blast furnaces with total annual capacity of 2.84 million ton...Read More
India's top court Monday directed the federal electricity regulator to decide within 8 weeks on approving revised tariffs for three power producers in the western state of Gujarat due to increased cost of imported coal.The Gujarat government sought the top court's intervention to implement a state government panel's report that recommended implementing a cost-reflective tariff, which would mirror...Read More