All financial figures are in Canadian dollars.CALGARY, Alberta, June 07, 2018 (GLOBE NEWSWIRE) - Suncor today announced that with the completion of major planned turnaround activities and strong production from growth projects, Q2 production to date averaged approximately 636,000 barrels per day (bbls/d) reflecting the significant planned turnarounds in the quarter, and exited May at approximately...Read More
Delegates from the 2018 AusIMM International Uranium Conference have urged state and federal governments to embrace uranium mining and actively discuss nuclear energy, at the 13th annual conference in this series, showcasing Australia's capability in the sector.The conference, held on June 5-6 in Adelaide, was attended by 110 industry, government and NGO representatives from around the world and d...Read More
Restaurant Brands International Inc’s (NYSE:QSR) Burger King has a new menu item.Source: ShutterstockThe new item on Burger King’s Menu are Pretzel Chicken Fries. This is a new twist on the normal chicken fries that were already a part of the fast food chain’s offerings. The big difference this time around is that these chicken fries are covered in a pretzel breading.Burger King...Read More
The IMF has bailed out Argentina - again - this time with a $50 billion, 36-month stand-by loan, and coming in $10 billion more than rumored earlier in the week, it was the largest ever bailout loan in IMF historyRead full newsRead More
Battery cell maker Northvolt has begun building in Sweden what will be Europe's largest lithium-ion battery cell factory, as it received the environmental permit for phase one earlier this week.The company aims to reduce reliance on batteries from China and South Korea as European carmakers come under increasing pressure hurry up and catch onto the ongoing electric vehicles (EVs) boom.Batteries...Read More
June 8 (Reuters) - Real Gold Mining Ltd: * ZHANG YANCHUN TENDERED HIS RESIGNATION AS AN EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER Source text for Eikon: Further company coverage:Read full newsRead More
CARSON CITY - Gold production in Nevada increased more than 3 percent in 2017 compared to last year while gold prices were up slightly, according to reports released in MayRead full newsRead More
On Monday, the Michigan Department of Environmental Quality gave a final permit for the controversial Back Forty gold mine in Menominee CountyRead full newsRead More
Once again, gold stocks are struggling. The VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) and the VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDJX) both have dropped about 13% from January highs. Both ETFs are down YTD as well - with performance lagging the S&P 500.Read full newsRead More
The mine has been in the works for more than a decade.Read full newsRead More
Australia's Atlas Iron Ltd on Friday said Mineral Resources Ltd, which is trying to take over the iron ore producer, would allow Atlas to hold talks with other potential buyers.Atlas said Australian mining infrastructure group Mineral Resources had consented to waive certain clauses in a so-called scheme of arrangement for the potential takeover until June 22, allowing it to explore discussions wi...Read More
Unlike the other one-percenters of his age, John Mackay gained his countrymen's admiration. But in an ironic twist, it means he's little known todayRead full newsRead More
Katanga boasts one of Congo's biggest reserves of copper and cobalt, but it has underperformed for decades. (Image: Musonoie-T17 open pit mine. Courtesy of Katanga Mining.)Congolese-American businessman and convicted fraudster Charles Brown has brought back a lawsuit against Glencore (LON:GLEN) the company considered dead, becoming the third court challenge the mining and commodities giant faces...Read More
Early summer is the weakest time of the year seasonally for gold, silver, and their miners' stocks. With traders' attention diverted to vacations and summer fun, their precious-metals interest and investment demand wane considerably. Thus this entire sector, and often the markets in general, suffer a seasonal lull this time of year. But these summer doldrums offer the best seasonal buying oppo...Read More
Contrarian investors are searching for beaten-up stocks that appear to have bottomed and might be on the verge of a significant recovery.Let's take a look at Cameco Corp. (TSX:CCO) (NYSE:CCJ) to see if it might be an interesting pick right now.Rough timesCanada's largest uranium producer has endured a tough run over the past seven years amid falling uranium prices and a nasty battle with the Canad...Read More
A strengthening global economy bodes well for Canada's top commodity stocks.Let's take a look at Nutrien Ltd. (TSX:NTR)(NYSE:NTR) to see if it deserves to be on your buy list.New companyThe merger of Potash Corp. and Agrium Inc. earlier this year created a global crop nutrients powerhouse now called Nutrien.The combined company is better positioned to compete on the global wholesale fertilizer sta...Read More
The first question that we ask ourselves when analyzing a small low cap company is how much of the company's shares are owned by the officers and directors of the company. What is the percentage? The more the better. We study the history of the "insider" purchases...how many shares were bought recently? Has there been any recent selling? Are Insiders (officers) often buying at specific pri...Read More
Nevsun's Bisha copper-zinc mine in Eritrea, Africa. Source Nevsun Resources Ltd.Nevsun Resources Ltd. [NSU-TSX, NYSE AMERICAN] is facing growing pressure to enter into negotiations with its would-be suitors Euro Sun Mining Inc. [ESM-TSX, CPNFF-OTC] and Lundin Mining Corp. [LUN-TSX; LUMI-Sweden].Having been approached in connection with a takeover, "Nevsun should now enter good faith negotiations w...Read More
Kamoa Construction Of Box-cut For Underground AccessRegulations that will set the stage for a new Mining Code in the Democratic Republic of Congo are expected to be signed into law today (Friday June 8). This follows on the heels of news that Congolese President Joseph Kabila would sign into law a new mining code that will raise royalties on minerals across the board in March this year.The new min...Read More
I walk to work the same exact way every day. It's the same routine of traffic signals, crosswalks, and black-spotted sidewalk.Even though I know there are other, slightly shorter ways to walk to my office, I've gotten into the habit of walking the same way every day. And I bet you do the same thing.Whether you walk, bike, or drive to your office, I bet you take the same route every day, even thoug...Read More