Shares in Australia's Hawkstone Mining (ASX:HWK) dropped almost 23% on Friday after the company said it wouldn't proceed with the acquisition of USA Lithium.The botched deal would have added two lithium projects - the Big Sandy lithium clay project in Arizona and the Lordsburg lithium brine project in New Mexico - to Hawkstone's portfolio.The company had warned last month it t was in discussions w...Read More
Barrick Gold may look cheap after its underperformance, but Morgan Stanley prefers Newmont Mining.Read full newsRead More
Even though it was closed decades ago, the Giant Mine on the outskirts of Yellowknife has left a long environmental legacy.Read full newsRead More
ST, CHARLES - Gold.Read full newsRead More
Mean reversion can be a powerful trading tool, particularly with pair trades. One Wall Street analyst said it's still too early to expect a mean reversion bump in underperforming Barrick Gold Corp (USA) ...Read full newsRead More
Barrick Gold may look cheap after its underperformance, but Morgan Stanley prefers Newmont Mining.Read full newsRead More
When the U.S. imposes sanctions on an individual, western multinationals are quick to fall into line. So if a London-listed company decides that - on reflection - they'll circumvent the ban by paying the person using a different currency, you can bet there's something interesting going on behind the scenes.The question is: What?Glencore Plc's announcement on Friday that its Democratic Republic o...Read More
This first gram of yellowcake was produced from uranium captured from seawater with modified yarn. Chien Wai and colleagues at LCW Supercritical Technologies produced the yellowcake, a powdered form of uranium used to produce fuel for nuclear power production.?EUR?Credit: LCW Supercritical TechnologiesSEQUIM, Wash. - For the first time, researchers at Pacific Northwest National Laboratory and LCW...Read More
Barrick Gold may look cheap after its underperformance, but Morgan Stanley prefers Newmont Mining.Read full newsRead More
Glencore will resume payments to its long-time partner in the DRC, Israeli billionaire Dan Gertler, pictured here. (Image: Bloomberg Markets via YouTube.)Miner and commodities trader Glencore (LON:GLEN) has settled a potentially damaging legal row with former business partner in Democratic Republic of Congo, Dan Gertler, by agreeing to pay royalties he is owed from copper and cobalt mines.The Swi...Read More
They're getting overlooked by investors, and they have great futures ahead of them. Let's take a look at the two of the best unloved Canadian stocks with noticeable growth potential.Gold and green are today's lucky coloursOkay, so Alacer Gold Corp. (TSX:ASR) is based in the U.S., but let's not hold that against it. It's a currently the best unloved high-growth stock on the TSX. If you don't know A...Read More
We just did you a solid.Here are the current top 10 strongest stocks on the TSX, sorted by overall performance based on dividend yield, track record, future growth, health, and value.It's a nicely diversified list, so if you are starting an investment portfolio, you might be looking at the basics of one right here. Itching for income stocks? Most of the following pay a dividend, and all have great...Read More
Granite Construction (NYSE: GVA) has wrapped up its US$376 million (ex-debt) acquisition of Texas-based drilling contractor Layne Christensen, overcoming Layne shareholder objections to add Layne's water, infrastructure and mineral drilling businesses to its $2.9 billion construction and building materials base.Staff reporterGranite Construction has concluded its acquisition of Layne Christensen15...Read More
RPMGlobal this week extended its range of partnerships with major international firms with its master software licence and service deal with Accenture affiliate Proquire LLC. The ASX-listed mining software and consulting company (RUL) also continues to work with the likes of SAP, Schneider Electric and Komatsu to build traction for its 'digital mine' offerings.Staff reporter15 JUNE 201815/06/2018c...Read More
High resolution surveying of drill collar locations at the Copperwood Project in Michigan. Source: Highland Copper Co. Inc.Highland Copper Co. Inc. [HI-TSXV; HDRSF-OTCQB] on Friday June 15 announced the results of a feasibility study for its 100%-owned Copperwood Project in Michigan.Highland shares advanced on the news, rising 3.03% or $0.003 to 8.5 cents on volume of 967,731. The 52-week range is...Read More
US private equity-backed DDH1 Drilling has acquired Strike Drilling for an undisclosed sum.Kristie BattenStrike drilling at Ramelius Resources' Mt Magnet mine15 JUNE 201815/06/2018commentsshare The company said its deep directional coring and Strike's aircore and reverse circulation capabilities were highly complementary, allowing it to offer clients a full suite of drilling services across th...Read More
The PurLucid Treatment Solutions laboratory in Calgary, Alberta, MGX's partner. Source: MGX Minerals Inc.Oil companies could soon be powering the electric car industry. It's a scenario that looks possible now that Calgary company MGX Minerals Inc. [XMG-CSE; MGXMF-OTCQB; 1MG-FSE] has found a way to extract lithium from waste water produced by Alberta oil sands operations.This week, MGX said its NFL...Read More
Goldcorp's Penasquito Mine in Zacatecas, Mexico. Source: Goldcorp Inc.Goldcorp Inc. [G-TSX; GG-NYSE] has warned that it will soon be forced to suspend production at its flagship Penasquito Mine in Mexico. This is because access to the mine has been blocked for 12 days by transporters and local residents.In a warning that was published in local newspaper, Goldcorp said it will soon be "inevitable t...Read More
Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,314.42, down 14.54 points)Prometic Life Sciences Inc. (TSX:PLI). Biotechnology. Up two cents, or 3.28 per cent, to 63 cents on 30.3 million shares.Cenovus Energy Inc. (TSX:CVE). Oil and gas. Down 24 cents, or 1.94 per cent, to $12.14 on 12.9 million shares.Bombardier Inc. (TSX:BBD.B). Aeros...Read More
With the advent and popularity of Bitcoin and cryptocurrency, more and more people are raising fundamental questions: What is money? And what type of money (centralized, decentralized, or other) is most beneficial for the individual and society at large?Since 2009, there has been a +300% increase in the Google search term "what is money." Meanwhile, there has been an even bigger increase in the se...Read More