LONDON, UK / ACCESSWIRE / July 16, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Gran Colombia Gold, Nemaska Lithium, IAMGOLD, and Lundin Mining.The S&P/TSX Composite Index lost 6.30 points, or 0.04%, toRead full newsRead More
Osisko Mining Inc announced that the discovery of a new wide zone of high-grade gold mineralization at depth, at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Qu?(C)bec.Read full newsRead More
Osisko Mining Inc announced that the discovery of a new wide zone of high-grade gold mineralization at depth, at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Qu?(C)bec.Read full newsRead More
"Lundin Mining has upped its offer for Nevsun to C$1.4b in cash, a 12% premium on its Mon closing price | https://t.co/6J9RrcOzbo #M&A #Timok #copper #TSX"Read full newsRead More
The London Metal Exchange (LME), the world's biggest and oldest market for industrial metals, is implementing an "implied pricing" functionality, a set of synthetic monthly prices, in an attempt to offset increasing competition from other exchanges such as those operated by CME Group.Starting on July 30, the exchange will provide the service for the six main base metals - copper, aluminum, zinc,...Read More
World no. 1 platinum producer Anglo American Platinum has spun off an internal fund and invested $100 million in a new venture capital fund with an aim to stimulate industrial demand for platinum group metals (PGMs), the company said on Tuesday.Associated with jewellery and emissions-capping autocatalysts, about a third of platinum demand comes from other industrial applications. Producers are kee...Read More
Base metals producer Nevsun Resources (TSX:NSU) has once again dismissed a takeover offer by Lundin Mining (TSX:LUN), as it believes the Cdn$1.4 billion (about $1.1bn) bid ignores the fundamental value of the company and its assets.Chief Executive Officer Peter Kukielski said Lundin's notional takeover offer represents only a 13 % premium to Nevsun's shares trading price, which closed Monday at Cd...Read More
The addition of the First Majestics' San Dimas Mine bumped silver production from 2.29 million ounces to 2.75 million ounces.The Vancouver-based silver company (TSE:FR) announced its second quarter on Monday."During the quarter, the integration of the newly acquired San Dimas mine into our Mexican portfolio was our primary focus," said Keith Neumeyer, President & CEO, in a news release.San Dimas w...Read More
Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) is down more than 15% from the June high, and investors are wondering if the pullback has simply gone too far.Let's take a look at Canada's largest diversified mining company to see if it deserves to be on your buy list right now.VolatilityTeck is one of those stocks that can either make your rich or hammer your retirement fund, depending on when you buy...Read More
The outlook for base metals continues to weaken because of fears that a full-blown trade war will erupt, which will cause global manufacturing activity to fall and crimp economic growth. This has had a deleterious effect on nickel, which has dipped in recent weeks because of deteriorating demand. These latest events are not good news for diversified nickel miner Sherritt International Corp. (TSX:S...Read More
Gold has weakened sharply since mid-April 2018, as the optimism surrounding the outlook for global economic growth has firmed. This decline in value even occurred despite fears of a trade war emerging after the Trump administration slapped tariffs on a broad range of imports from China, Canada, and the European Union (E.U.). This development shouldn't deter investors from investing in the lustrous...Read More
Chris Martenson on our “Potemkin Village financial markets” … Jimmy Kimmel: Seriously, how ignorant are we? Americans unable to name a single country on a map … Max Keiser: Is Trump just pretending to be crazy? … Facebook flags … Lynette Zang: “A pattern shift has occurred” … &nb...Read More
Several of us who stick our neck out in public with analytic opinions on the market have been thinking that gold has reached a tradable bottom. I'm sure many would say that view is flawed based on today's action. Let me preface my thoughts by saying that, over the last 17 years of daily active involvement in the precious metals sector, I don't pull my hair out over intra-day or even intra-ye...Read More
The ATAC Team. From L-R: Doug Goss, Chairman, Julia Lane, VP, Exploration, Ian Talbot, COO, Ed Cope, Technical Advisor, and Graham Downs, President and CEO. Sources ATAC Resources Ltd.ATAC Resources Ltd. [ATC-TSXV] on Tuesday July 17 announced results from a key area of its 1,700 km2 Rackla gold property in the Canadian Yukon Territory. The Vancouver-based company said it intersected 23.59 metres...Read More
Samples of typical 'watermelon seed' gold nuggets from the Pilbara region of northwestern Australia. Photo courtesy Pacton Gold Inc.Australia rarely makes the news in North America. Bill Bryson, the author of the amusing Aussie travel book In a Sunburned Country describes a search he did on the number of articles about Australia that appeared in The New York Times in a year. The total number of st...Read More
A gravity survey underway at Belmont's Kibby Basin Project in Nevada. Source: Belmont Resources Inc.MGX Minerals Inc. [XMG-CSE] has struck a deal to earn up to a 50% interest in Belmont Resources Inc.'s [BEA-TSXV, L3L1-Frankfurt] Kibby Basin Lithium project in Nevada. Once the option is exercised, the companies will become equal partners at Kibby Basin and Belmont will have access to MGX's lithium...Read More
An example of Noront's Eagle's Nest Project high-grade nickel-copper-platinum group metals diamond drill core. Source: Noront Resources Ltd.Noront Resources Ltd. [NOT-TSXV] has launched what it has dubbed the next and final phase of the site selection process for a proposed ferrochrome production facility that it hopes to build in Ontario. The move comes after Thunder Bay and Sudbury were eliminat...Read More
Nevsun's Bisha copper-zinc mine in Eritrea, Africa. Source Nevsun Resources Ltd.Lundin Mining Corp. [LUN-TSX; LUMI-Sweden], on Tuesday July 17, announced plans to launch an all-cash hostile takeover bid for Nevsun Resources Ltd. [NSU-TSX; NYSE AMERICAN], saying it will take the offer directly to the company's shareholders.News of the $4.75 per share offer, worth $1.4 billion, means Lundin is effec...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,519.24, up 24.51 points)Nevsun Resources Ltd. (TSX:NSU). Miner. Up 55 cents, or 13.06 per cent, to $4.76 on 10.8 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down nine cents, or 1.12 per cent, to $7.97 on 8.9 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipm...Read More