July 9 (Reuters) - Miner Yancoal Australia said on Monday that production at the Austar coking coal mine in New South Wales state would be halted until it resolves a dispute with the state regulator over a resumption of operations.Yancoal said it will start standing down employees, and is aiming to redeploy most workers to other underground operations owned by the company.The miner is seeking a re...Read More
Impala Platinum Holdings Ltd. is facing some tough choices as the South African miner works to stem losses at aging shafts amid slumping prices for the metal.Read full newsRead More
The world's biggest lithium deposit is in Western Australia. Peter Newman describes the potential lithium holds for jobs and the economy.Read full newsRead More
Ongoing development drilling has returned exceptional lead, silver and gold grades.Read full newsRead More
After spooking investors in January with worrisome production results, Pretium Resources (TSX:PVG) said it produced 111,340 oz of gold in the second quarter sending the stock 13 per cent higher to $11.99 a share.The company said it had a 14.9 grams per tonne gold mill feed grade and a 97.7% gold recovery rate."With more than 187,000 ounces produced in the first half of 2018, we have delivered on o...Read More
After spooking investors in January with worrisome production results, Pretium Resources (TSX:PVG) said it produced 111,340 oz of gold in the second quarter sending the stock 13 per cent higher to $11.99 a share.The company said it had a 14.9 grams per tonne gold mill feed grade and a 97.7% gold recovery rate."With more than 187,000 ounces produced in the first half of 2018, we have delivered on o...Read More
Tiger Resources will not be selling its Democratic Republic of the Congo mining and exploration assets to Sinomine HK for $260M.Tiger Resources said on Friday that terms acceptable to the company were not acheived and it issued a notice of termination to Sinomine HK.The assets comprised of the Kipoi Project, Lupoto Project and La Patience permit. Announcing the sale in January, Tiger said it was f...Read More
(RTTNews) - Barrick Gold Corp. (ABX, ABX.TO) said that it reached an enhanced strategic cooperation agreement with Shandong Gold Group Co. Ltd., deepening B...Read full newsRead More
Red Tiger Mining, formerly Zaruma Resources, is a Canadian mining company focused on the acquisition, exploration and development of copper and gold properties in Mexico. In Mexico, the company owns the San Antonio copper-gold project in Sonora sRead full newsRead More
Ongoing development drilling has returned exceptional lead, silver and gold grades.Read full newsRead More
Written with material from Denham Capital news releaseDenham Capital, a resources and energy-focused global private equity firm, closed its first stand-alone mining fund, the Denham Mining Fund, at $558 million to expand its portfolio in Australia, Canada, South America and Africa.Denham Capital says it will continue its strategy of partnering with management teams with proven track records to ac...Read More
The turquoise was found in gold-bearing quartz veins of the prominent Mohave County mine.Read full newsRead More
Vancouver, BC - Peekaboo Beans Inc (TSX-V:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to report that as a result of the Company's special sales events hosted in 4 cities across Canada, it has posted very strong revenue in a previously untested sales vertical during the last two weeks of June 2018.During the month of June, the Company hosted 4 weekend events, promoting...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index had another week of what I would consider a continued sideways consolidation. The Index made a push higher but was turned back at a high of 1304.89 and ended the week down a nominal 3.47 points at 1297.20.MACD rose 0.70 points to -1.41. RSI fell 1.4 points to 47.5. Interestingl...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce that, combined with a highly successful early launch of its 4G/LTE Push-to-Talk Over Cellular ("PoC") device portfolio over the last three months, Siyata has achieved sales in excess of $5M CDN. The growth in revenue comes after the two previous quarters were focused on shift...Read More
Base metals in recent weeks, notably copper, have been hit hard by growing alarm of a trade war emerging, which economists believe will hamper global economic growth. That caused copper to recently slide to a 12-month low, as investors head for the exits, fearful that a trade war will bring the base metals bull run to an abrupt end. While there are mixed signals relating to the outlook for commod...Read More
Gold has plunged sharply in recent weeks after peaking in mid-April at over US$1,345 per ounce. This decline can be attributed to the increasingly upbeat global economic outlook, which is fueling higher oil prices and driving the U.S. dollar higher.Nonetheless, regardless of the considerable degree of optimism now surrounding the economic health of the U.S. and many other economies globally, econo...Read More
Investors with a long-term bullish view on global growth should consider allocating part of their holdings to companies that are market leaders in key commodity sectors.Let's take a look at Nutrien Ltd. (TSX:NTR)(NYSE:NTR) and Cameco Corp. (TSX:CCO)(NYSE:CCJ) to see if one is an interesting pick right now.NutrienNutrien produces potash, nitrogen, and phosphate for the global wholesale fertilizer m...Read More
On a recent site visit to Ecuador, PI Financial analysts Chris Thompson and Gary Sidhu saw the importance of being a first mover in an emerging district ripe for discovery. The four mining companies visited were INV Metals Inc., Lundin Gold Inc., Lumina Gold Corp. and SolGold PLC. All have amassed large and strategically important land packages.The price of gold has fallen, prompted by fading geop...Read More
Perhaps the best contrarian indicator for the directional movement of gold and silver is Dennis "Wrong Way" Gartman, who recently announced that he was dumping all of his gold "positions" (note: Gartman's "positions" are theoretical paper portfolio trades):As for gold, we have clearly held on far, far, far too long to having owned gold...clearly we've been wrong to have erred bullishly of gold i...Read More