From mining, to liquefied natural gas: Bryan Cox, president and CEO of the Mining Association of British Columbia (MABC), has been tapped to lead the BC LNG Alliance.Starting mid-February, Cox will serve as president and CEO of an organization that advocates for the development of B.C.'s LNG industry. The alliance's board is chaired by Rob Maier, an executive with Chevron Canada; LNG Canada, Woodf...Read More
From mining, to liquefied natural gas: Bryan Cox, president and CEO of the Mining Association of British Columbia (MABC), has been tapped to lead the BC LNG Alliance.Starting mid-February, Cox will serve as president and CEO of an organization that advocates for the development of B.C.'s LNG industry. The alliance's board is chaired by Rob Maier, an executive with Chevron Canada; LNG Canada, Woodf...Read More
"Mondias Natural Products Inc - Anew agriculture/natural health product company expanding across Canada!Read more here:https://t.co/nMda2cgJJm$NHP #NHP #momentumstocks #hotstocks #smallcap #element79capital #mondias #mondiasnaturalhealth"Read full newsRead More
January's copper price rally came to a screeching halt on Friday after a key gauge showed Chinese factory output shrinking at the fastest pace in almost three years.Copper for delivery in March slumped 3% compared to Thursday's close to a low of $2.7535 per pound ($6,070 a tonne) on the Comex market in New York.Source: Thomson Reuters Datastream. Graphic adapted from original by Vincent Flasseur a...Read More
It's official: January marked the record 100th consecutive month of consecutive job growth, and it did so in style, with the US adding a whopping 304K jobs last month.Read full newsRead More
Western Copper and Gold Corporation (TSX:WRN, NYSE AMERICAN:WRN) announces the resignation of David Williams from the Board of Directors of the Company.Read full newsRead More
Thyssenkrupp is holding good and constructive talks with the European Commission, which has launched a deepened probe into a planned European joint venture with India's Tata Steel, its chief executive said on Friday."We explicitly share the opinion of competition Commissioner (Margrethe) Vestager: Steel is of enormous importance to the European economy. That's why we need a strong European steel i...Read More
* Quotas set at 2015-2017 average imports, plus 5 pct* Tariffs of 25 pct apply if quotas are filled* Steel group welcomes move, carmakers don'tThe European Union will impose limits on steel coming into the bloc from Saturday in response to U.S. President Donald Trump's metals tariffs, a filing in the European Union's official journal said on Friday.Steel imports will be subject to quotas to counte...Read More
Excelsior Mining Corp. of Vancouver is developing the Gunnison in situ copper project in Cochise County for production beginning in Q4 2019. Work is progressing on all fronts.The Gunnison project has always been easily accessible. Thanks to the new road south of highway I10, the production wellfield is as well. The property has direct access to road, rail, power and water.Excelsior has five rigs o...Read More
Vancouver's Tudor Gold Corp has outlined what it calls "Goldstorm," a new zone at the Treaty Creek property in the Golden Triangle. Treaty Creek, in which Tudor has a 60% interest and is the operator, borders Seabridge Gold's KSM project to the southwest and Pretium Resources' Brucejack mine to the southeast.Drilling northeast of the Copper Belle zone, Tudor originally thought that the zone was an...Read More
Excelsior Mining Corp. of Vancouver is developing the Gunnison in situ copper project in Cochise County for production beginning in Q4 2019. Work is progressing on all fronts.The Gunnison project has always been easily accessible. Thanks to the new road south of highway I10, the production wellfield is as well. The property has direct access to road, rail, power and water.Excelsior has five rigs o...Read More
Vancouver's Tudor Gold Corp has outlined what it calls "Goldstorm," a new zone at the Treaty Creek property in the Golden Triangle. Treaty Creek, in which Tudor has a 60% interest and is the operator, borders Seabridge Gold's KSM project to the southwest and Pretium Resources' Brucejack mine to the southeast.Drilling northeast of the Copper Belle zone, Tudor originally thought that the zone was an...Read More
Not all machines are made equal.Komatsu Ltd. and Hitachi Construction Machinery Co.'s earnings reports this week gave investors reason to breathe a sigh of relief. Meanwhile factory-automation giant Fanuc Corp. offered more reason for worry, after the company cut its operating-income outlook for the year by 36 percent on Thursday.We've made the case for the divergence among equipment manufacturers...Read More
A natural gas supply disruption forcing Michigan residents to lower thermostats and automakers to suspend operations could bolster President Donald Trump's effort to keep coal plants operating possibly by invoking national security powers.The episode began Wednesday when a fire at a compressor station cut off the flow of natural gas from the facility. That prompted Michigan Governor Gretchen Whitm...Read More
Precious metals refiner Asahi has won an auction for the assets of bankrupt Miami-based refiner Republic Metals Corporation (RMC), outbidding its Swiss rival Valcambi, three sources familiar with the matter said on Friday.RMC was one North America's largest precious metals refineries before it filed for bankruptcy in November.Asahi won the auction in a New York bankruptcy court on Thursday with a...Read More
Commodities love a tragedy.Last week's burst of a tailings dam at a Vale SA iron ore mine in Brazil's Minas Gerais state has left close to a hundred, and possibly approaching 400, people dead. Far from wilting at the news, iron ore has been surging - up 12 percent in the last five days, its biggest five-day jump in about 18 months.That seeming cold-heartedness is only natural. Vale produces about...Read More
* Xinfa Group, one of China's top aluminium producers, has reduced output at its alumina plant in southern China's Guangxi region due to tight bauxite supply, according to a company official and a consultancy.* Production has been reduced by 500,000 tonnes on an annual basis, said the Xinfa official, who put the plant's total capacity at 3 million tonnes per year.* Consultancy Baiinfo said the dai...Read More
In the aftermath of Brazil's deadliest mine disaster, a nasty and familiar feud has broken out.Green groups and community activists blamed avaricious industrialists, free-market fundamentalists and their official enablers for gutting safety protocols that led to last week's collapse of a tailings dam at Vale SA's Feijao iron ore mine, in Minas Gerais state, which has claimed at least 110 lives, wi...Read More
First it was the Libor-rigging cartel, then the FX exchange-rate manipulation cartel, now, European regulators have moved on to prosecutingRead full newsRead More
Mitsui & Co on Friday cut full-year profit forecast by 2 percent due to the absence of a dividend from Vale, but the Japanese trading house does not plan to change its holding in the Brazilian miner, a company executive said.With 110 people confirmed dead and another 238 missing, according to firefighters' count on Thursday evening, the collapse of tailings dam, which belongs to top iron ore miner...Read More