Mr. Ian Klassen reportsGMV COMMENCES PRELIMINARY ECONOMIC ASSESSMENT AT ITS MEXICAN HAT GOLD DEPOSIT, COCHISE COUNTY, ARIZONAGMV Minerals Inc. has engaged several key consulting and engineering firms to undertake a preliminary economic assessment on the Mexican Hat gold deposit.A PEA, as defined under the terms of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects (NI 43-10...Read More
Glencore credited China's clamp down on mills and smelters with boosting its bottom line in its 2018 H1 released today.The diversified commodity giant adjusted H1 EBITDA for its metal and minerals division was $6.0 billion, 28% higher than the same period a year ago.Glencore's energy division was up 19% to $2.5 billion while agriculture declined 34% to $109 million."Industrial metals prices increa...Read More
"Fortuna provides construction update and reports initial on-site arrival of mine equipment at its Lindero gold Project in Argentina https://t.co/VmCgWSwO6b"Read full newsRead More
"Pacton Gold to Acquire 2 More Granted Mining Leases and Further Increase its Strategic Property Portfolio in Western Australia's Pilbara Mining Region https://t.co/6iDonA0NRp"Read full newsRead More
The maiden drill program has confirmed gold at six of the nine targets.Read full newsRead More
"Pacton Gold to Acquire 2 More Granted Mining Leases and Further Increase its Strategic Property Portfolio in Western Australia's Pilbara Mining Region https://t.co/zfqcY5jNKo"Read full newsRead More
Daniel RacineDaniel Racine was elevated to president and chief executive officer of Yamana Gold, the company announced today.Racine, who previously served as executive vice president and chief operating officer, will take the position from Yamana founder Peter Marrone.Yamana will be trying out a different leadership structure. Marrone will stay with the company and will assume the newly-created ro...Read More
Daniel RacineDaniel Racine was elevated to president and chief executive officer of Yamana Gold, the company announced today.Racine, who previously served as executive vice president and chief operating officer, will take the position from Yamana founder Peter Marrone.Yamana will be trying out a different leadership structure. Marrone will stay with the company and will assume the newly-created ro...Read More
""I can tell you from our experience there is absolutely nothing wrong with the demand side", says @KenBPilbara as he outlines the @PilbaraMinerals #lithium growth trajectory $PLS #ASX @diggersndealers"Read full newsRead More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed medical cannabis industry, announces that it has advanced US$ 1 million to its investee company ezGreen Compliance ("ezGreen") which offers a state-of-the-art enterprise compliance and point-of-sale (POS) software solution for licensed medical cannabis dispensari...Read More
Premier Gold Mines reported yesterday a 50% decrease in its 2018 Q2 revenues due to decreased production.At the company's South Arturo Mine, the reduction was due primarily to the completion of mining in Phase 2 pit.At Premier's Mercedes Mine production and costs were impacted by differences in the ore body geometries as compared to the original models."This redesign at Mercedes resulted in a dev...Read More
It has been a tough few months for investors in gold because the value of yellow metal has weakened sharply in response to stronger global economic growth and a firmer U.S. dollar. While there is every likelihood that gold could dip below the psychologically important US$1,200 per ounce mark, it has created a buying opportunity for investors seeking to bolster their exposure to gold. Among the bes...Read More
Bitcoin and other cryptocurrencies aren't very good at being currencies.They're ridiculously volatile, and many merchants you'll encounter will remain reluctant to accept them. This may change in time, however, but over the medium term, I think it's safe to say that your local grocery store won't be accepting Dogecoin (or the broader basket of cryptocurrencies) as payment any time soon.Starbucks a...Read More
"Nobody, when they're looking at a privatization, dangles this way and does this sort of teasing dance of choreography. Somebody only does this when they are trying to distract us with a shiny new thing...There's a lot of problems here. He can't afford to build the new factory that he says he wants to build. This is a distracting strategy like attacking the press" - Jeffery Sonnenfeld, Yale School...Read More
High-grade silver mineralization from Honey Badger's Thunder Bay Silver Project, northwest Ontario. Source: Honey Badger Exploration Ltd.Honey Badger Exploration Ltd. [TUF-TSXV] was an active trader Wednesday after the junior released assay results from a spring 2018 drilling program at its Thunder Bay, Ontario, silver project.The shares jumped 16.7% or $0.02 to 14 cents on volume of 1.24 million...Read More
Nevsun's Timok copper-gold project in Serbia. Source: Nevsun Resources Ltd.Nevsun Resources Ltd. [NSU-TSX; NYSE AMERICAN], the target of a $1.4 billion takeover bid from Lundin Mining Corp. [LUN-TSX; LUMI-Sweden], has filed a NI 43-101-compliant technical report for its flagship Timok gold-copper project in Serbia.The report contains details of a prefeasibility study for Timok's Upper Zone, and a...Read More
Centerra Gold's Mount Milligan copper-gold mine in central British Columbia. Source: Centerra Gold Inc.Centerra Gold Inc. [CG-TSX, CAGDF-OTC] says a lack of available water is posing a threat to is Mount Milligan mine in British Columbia.The company recently said it has filed a formal request with the BC Environmental Assessment Office for an amendment to its environmental assessment certificate t...Read More
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,315.08, up 28.78 points)Laramide Resources Ltd. (TSX:LAM). Miner. Unchanged on 12.3 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up two cents, or 0.32 per cent, to $6.18 on 9.41 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 20 cents, or 4.03 per...Read More
VANCOUVER - Finning International Inc.'s second-quarter profit and revenue beat analyst estimates as the heavy-equipment dealer benefited from stronger sales of new equipment, higher product support revenue and improved margins.The Vancouver-based company, which sells Caterpillar equipment in Western Canada and several other countries, said its net income was up 44 per cent from last year at...Read More
TORONTO - Yamana Gold says it is shuffling its top executives as founder Peter Marrone takes a step away from day-to-day operations at the mining company.Marrone will take on the new position of executive chairman to drive Yamana's strategic vision and liaise between the board of directors and management.He will also serve as mentor to Daniel Racine, who steps into the role of president and CEO...Read More