Newcrest Mining Ltd, Australia's top gold miner, on Thursday said its first-half profit more than doubled, buoyed by record gold and copper production at its Cadia operations.First-half results were also boosted by a weakening of the Australian dollar, which helped control costs at its Australian operations, the company said.Copper production during the first-half came in at 51.8 thousand tonnes,...Read More
"Invictus (@Invictus_MD) (#TSXV: $GENE | #OTCQX: $IVITF) Hires Interim Chief Marketing Officer; Expands IR [https://t.co/mYChJbc22M]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #potstocks #cannabis #marijuana"Read full newsRead More
"Sirona Biochem Advances Skin Lightener TFC-1067 Development and IP Protection in Anticipation of Licensing Discussions#SironaBiochem $SBM $SBM.CA $SBM.V @SironaBiochem #health #Skinlighten #diabetes #pharmaRead it here: https://t.co/9RCoXZdHd5"Read full newsRead More
Nemaska Lithium's (TSE: NMX) stock plummeted Wednesday after disclosing it has been forced to revise the budget for the Whabouchi lithium mine and Shawinigan electrochemical plant upward by $375 million. The company, with a C$300 market cap on the TSX, clawed back some of the early day's losses, but still closed the day down 35%.Nemaska, which has also received funding from the Quebec provincial a...Read More
Nemaska Lithium's (TSE: NMX) stock plummeted Wednesday after disclosing it has been forced to revise the budget for the Whabouchi lithium mine and Shawinigan electrochemical plant upward by C$375 million. The company, with a $300 market cap on the TSX, clawed back some of the early day's losses, but still closed the day down 35%.Nemaska, which has also received funding from the Quebec provincial a...Read More
"Sirona Biochem Advances Skin Lightener TFC-1067 Development and IP Protection in Anticipation of Licensing Discussions -- #SironaBiochem $SBM $SBM.CA $SBM.V @SironaBiochem #health #Skinlighten #diabetes--Read the News Release here: https://t.co/Nl9XZ7NU8l"Read full newsRead More
"Read full newsRead More
SilverCrest Metals expects to update the resource estimate and complete a preliminary economic assessment in the first quarter of the year on its Las Chispas silver project in Mexico.A resource estimate in September 2018 focused on an estimated 5.5 km of about 20 known kilometers of cumulative vein strike length in the district, about 180 km northeast of Hermosillo in the state of Sonora.Las Chisp...Read More
SilverCrest Metals expects to update the resource estimate and complete a preliminary economic assessment in the first quarter of the year on its Las Chispas silver project in Mexico.A resource estimate in September 2018 focused on an estimated 5.5 km of about 20 known kilometers of cumulative vein strike length in the district, about 180 km northeast of Hermosillo in the state of Sonora.Las Chisp...Read More
First Cobalt (TXSV: FCC; US-OTC: FTSSF) has extended copper-cobalt mineralization along strike at both its Waite zone and No Name zone, part of its Iron Creek cobalt project in Idaho.The company is reporting four holes it drilled west of the project's current resource in 2018. The holes extend the Waite zone 120 metres west along strike and the No Name zone 60 metres west along strike. The compan...Read More
First Cobalt (TXSV: FCC; US-OTC: FTSSF) has extended copper-cobalt mineralization along strike at both its Waite zone and No Name zone, part of its Iron Creek cobalt project in Idaho.The company is reporting four holes it drilled west of the project's current resource in 2018. The holes extend the Waite zone 120 metres west along strike and the No Name zone 60 metres west along strike. The compan...Read More
We are excited to be launching Canadian Insider Insights, a newsletter exclusively for CanadianInsider.com users to provide a quick read on what insiders are telling us about the outlook for the Canadian market. Commentary draws heavily from the subscriber-supported Market INK report, focusing on trends we see in the mid-cap-oriented INK Canadian Insider Index, signals from our proprietary sentim...Read More
* Japan's Mitsubishi Materials Corp cut its sales estimate of copper cathode at its Indonesia copper smelting unit, PT Smelting, by 32,000 tonnes from its November forecast to 237,000 tonnes for the year ending March 31, a spokesman said on Wednesday. Sales were 263,000 tonnes a year earlier.* The longer-than-expected maintenance late last year and slower ramp-up after the maintenance caused a red...Read More
Swedish mining and smelting firm Boliden reported fourth-quarter core earnings ahead of market forecasts on Wednesday, but proposed a total shareholder payout below analyst expectations.Operating profit, excluding revaluation of process inventory, fell to 2.00 billion Swedish crowns ($216 million) from 2.91 billion a year earlier, beating the 1.89 billion seen by analysts in a Reuters poll.The com...Read More
Vancouver-based Regency Gold (NEX: RAU.H) announced it has entered into a definitive agreement with Vanadium North Resources to acquire all of its issued and outstanding common shares, the main interest behind the buyout being the Valley of Vanadium project in the Northwest Territories.In a press release, the companies said that Vanadium North holds an option to acquire 100% of the Valley of Vanad...Read More
BHP Group, the world's largest miner, said on Wednesday its board has approved $696 million in funding to expand production at the BP PLC-led Atlantis oil project in the U.S. Gulf of Mexico.The move comes about a month after London-listed oil and gas major BP discovered further oil prospects in the Gulf of Mexico, including additional oil in the Atlantis field. BP said the total cost of developing...Read More
South Africa's biggest labor group staged a nationwide protest against job losses Wednesday, the latest setback for an economy reeling from four days of rolling power cuts. The rand fell the most against the dollar among major currencies.The double blow comes at a terrible time for President Cyril Ramaphosa, who is gearing up to contest elections in May, is seeking to lure $100 billion in new inve...Read More
SNC-Lavalin Group Inc. bonds dropped after S&P Global Ratings cut the company's credit rating to the cusp of junk, the latest blow for the Canadian engineering firm at the center of a controversy that's ensnared Prime Minister Justin Trudeau.Risk premiums for the company's bonds due 2023, or the extra yield they pay compared with Canadian benchmark government securities, were quoted at more than 2...Read More
Brazil's government intends to make the mining giant Vale "private again" by selling its shares and pushing out quasi-state pension funds, a senior official said. Shares rose."Vale is a state company. Pension funds controlled by the government control Vale," Privatization Secretary Salim Mattar said on Wednesday at an event in Brasilia. "We're here to reprivatize Vale." "Vale is a state company....Read More
* Flooding likely to disrupt rail for at least a month -analyst* Glencore's Mt Isa zinc, lead transportation affected* Around 40 percent of Australia's zinc exported from TownsvilleFloods in Australia's Queensland state are set to disrupt the rail delivery of zinc exports to the northern port of Townsville, with the line likely to be out of action for at least a month, analysts said on Wednesday.T...Read More