(Bloomberg) - Burundi announced the start of operations of African Mining Burundi Ltd., a local gold miner in which the government has a 15 percent stake, as the East African nation puts its mineral resources at the center of a planned economic resurgence.The company has been granted rights to nine mining sites, President Pierre Nkurunziza said at a Monday ceremony in Burundi's northeast Muyinga p...Read More
"Granada Gold Mine (@granadagold) (#TSXV: $GGM) Starts Drilling at Granada and Announces Financing [https://t.co/oKLQrAgmzK]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #investments #resources #mining"Read full newsRead More
"IDM Mining Granted Provincial Environmental Assessment Certificate for the Red Mountain Gold Project https://t.co/N2RkSQw9Hs @IDMMining #goldmining #mining"Read full newsRead More
Algold Resources Ltd. (TSXV:ALG) ("Algold" or the "Corporation") today announced completion of a low-dilution funding arrangement with major shareholder Wafa Mining & Petroleum SA ("Wafa"), a subsidiary of Wafa Holding, under which Wafa has acquired a 10% interest in the Corporation's Tirex subsidiary, owner of the Tijirit mining permit and gold development project (the "Investment"), as well as...Read More
"Redfund Capital (@RedfundC) (#CSE: $LOAN // #OTC: $PNNRF) Finances RxMM Health Capital Inc. [https://t.co/v2d0yL7IbF]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments #cannabis #merchantbank #merchantbanking"Read full newsRead More
An effort to put a tax on carbon dioxide emissions just won an unlikely underwriter: a top producer of oil and gas.Exxon Mobil Corp. is putting $1 million into a political campaign that, if successful, would effectively spawn a tax tied to the company's core products.The carbon tax would boost the cost of energy derived from oil, natural gas and coal, thereby discouraging the use of those fossil f...Read More
"Goldrich Mining Company: Goldrich Mining Reports 2018 Production Totaling 17,100 Ounces of Gold at Chandalar Mine https://t.co/lassVeCybk"Read full newsRead More
TSX- and NYSE-listed Pretium Resources increased its gold production at the Brucejack mine, in British Columbia, by nearly 13% in the third quarter, standing the company in good stead to meet its second-half production guidance.The mine produced 92 641 oz of gold in the third quarter, which compares with 82 203 oz in the prior-year period. Milling went down to 240 122 t, from 261 262 t, but the gr...Read More
U.S. Interior Secretary Ryan Zinke approved a 20-year ban on new mining claims in the towering mountains north of Yellowstone National Park on Monday, after two proposed gold mines raised concerns that an area drawing tourists from the around the globe could be spoiled.Read full newsRead More
OSLO, Oct 9 (Reuters) - Norsk Hydro has won permits from Brazilian authorities to restart half the capacity of its Alunorte alumina refinery, the world's largest, the metals maker said in a statement on Tuesday. Hydro continues its dialog with all relevant authorities to bring Alunorte back to full production and normalize its operations in Brazil.The company last week said it would shut the pla...Read More
Granada Gold Mine Inc. (TSXV:GGM;OTCPK:GBBFF;FRA:B6D) (Read full newsRead More
VIENNA, Oct 9 (Reuters) - The United States has granted more than half of the exemptions to its steel import tariffs that Austrian steelmaker Voestalpine and its customers applied for, the company said on Tuesday.Washington in May announced tariffs of 25 percent on steel imports and 10 percent on aluminium from the European Union, Canada and Mexico.Of the 4,300 product exemptions that the compan...Read More
Mr.Guy Goulet reportsCLOSING OF THE MERGER WITH CERRO DE PASCO, THE SPIN-OFF, THE PRIVATE PLACEMENT AND RELATED TRANSACTIONS AND CHANGE OF NAMEGenius Properties Ltd. and Genius Metals Inc. (SpinCo) have closed a series of transactions involving: The spinoff of substantially all of the assets and liabilities of Genius to SpinCo and the distribution of the shares of SpinCo to shareholders of Genius;...Read More
While it’s open to debate whether President Donald Trump made America great, the 2016 election did produce one undeniable result: it laid the foundation for cannabis-related businesses, thereby dramatically improving profitability potential for marijuana penny stocks.During the general election, a record number of states voted for marijuana legalization to varying degrees. Of those voting st...Read More
Broader coverage and analysis of year-on-year results available in report's second yearRead full newsRead More
MOSCOW, Oct 9 (Reuters) - Eurasian Resources Group (ERG) plans to ramp up cobalt output at its Democratic Republic of Congo (DRC) facility as it expects the electric car industry to boost demand for the metal, ERG Chief Executive Benedikt Sobotka told Reuters.ERG, a global mining and metals group with Kazakh roots, aims to raise cobalt output fivefold to 20,000 tonnes next year, claiming a large c...Read More
Tesla's competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids.All EV makers will have one common element that could help lift demand for battery vehicles-rising oil prices leading to fuel prices at four-year highs, which could turn consumers towards EVs.ICE cars are not going anywh...Read More
"Google drops out of Pentagon's $10 billion cloud competition, saying the project may conflict with its corporate values https://t.co/Vsy9oHwS1o"Read full newsRead More
"Winter is coming in #China, and iron ore and bauxite miners should be excited, says @CnMetals ($) | https://t.co/MQ2cihHqdV #LMEweek"Read full newsRead More
With a resolution to Freeport-McMoRan Inc.'s Indonesian saga in sight, Chief Executive Officer Richard Adkerson says any strategic move is now possible, including acquisitions, partnerships, or even a sale of the entire company.With a package of agreements close to being sealed, the future, strategically for us, is going to be wide open, Adkerson said.Freeport is planning to remain an independent...Read More