BELGRADE, March 12 (Reuters) - China's Zijin Mining Group Co. Ltd. has expressed interest in buying loss-making Serbian copper miner and smelter RTB Bor, which the Balkan state has been trying to sell for the past decade.President Aleksandar Vucic on Monday met representatives of the Chinese firm, who expressed an intention to invest several hundred million dollars in the business, his office said...Read More
David Whelan has built 3D education platform VR Education Holdings Plc (LON:VRED) from a ?,?1,000 loan from his sister into a ?20mln market cap AIM-listed company in three years.But with demand for online education soaring around the globe, this is just the start he tells Proactive. Meet AusCann Group Holdings Ltd, Pacific American Coal Ltd, Kasbah Resources, Hazer Group Ltd and Kazia Thera...Read More
The board of directors at Stellar Diamonds (LON:STEL) recommended Monday a merger with Australia's Newfield Resources (ASX: NWF), which also operates in Sierra Leone.The all-share takeover by the Sydney-listed company offers 0.76 Newfield shares for each Stellar one, valuing the diamond miner at ?7.74 million (about $10.8 million).Under the deal, Newfield will lend Stellar $3 million to help it...Read More
Used in everything from autos to appliances, copper is widely watched as an economic bellwether - and this same relationship makes it a good inflation hedge.Read full newsRead More
The US mining industry is asking the Supreme Court to revoke an Obama-era rule banning the mining of uranium on public lands nearby the Grand Canyon.The National Mining Association (NMA) and the American Exploration and Mining Association (AEMA) filed petitions on Friday asking the court to reverse the 2012 ban implemented by the previous administration as uranium prices soared and a flurry of n...Read More
Last week's other top-gaining TSXV-listed mining stocks were Meridian Mining, DLV Resources, Inter-Rock Minerals and Red Eagle Exploration.Read full newsRead More
Three words the mining industry never likes to hear - tailings dam breach. Fortunately for Newcrest, its incident won't draw the same awful headlines as BHP.Read full newsRead More
Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren't too happy about it.Read full newsRead More
By Rhiannon Hoyle SYDNEY--Newcrest Mining Ltd. (NCM.AU) said it expects to downgrade annual production and cost targets after suspending its Cadia gold operation in eastern Australia because par...Read full newsRead More
Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, International Business Machines, US Dollar Index Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN Index continued its hard won rebound from the February sell-off. As trading began, it soon found support at the 20-day moving average (1264 area) where it consolidated a few days before lifting up and through its 50-day moving average (1278) to close at 1281.15. In...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
The small contrarian gold-mining sector remains deeply out of favor, universally ignored. Thus the gold stocks are largely drifting listlessly, totally devoid of excitement. But that's the best time to buy low, when few others care. The gold stocks continue to form strong technical bases, paving the way for massive mean-reversion uplegs. And they remain exceedingly cheap relative to gold prices,...Read More
If you're getting the sense that stocks always go up, that's because they've been doing so for a really, really long time. From CNBC today: On the bull market’s ninth birthday, here’s how it stacks up against history?EUR?The Dow has quadrupled during the bull market, which turned 9 on Friday.?EUR?This is the biggest and longest bull market for the Dow post-WWII, according to Leuthold G...Read More
Exploring the Kutcho high-grade copper-zinc-silver-gold project located 100 km east of Dease Lake, northern British Columbia. Photo courtesy Kutcho Copper Corp.Kutcho Copper Corp. [KC-TSXV], formerly Desert Star Resources Ltd., recently completed the acquisition of the Kutcho high-grade copper-zinc-silver-gold project located 100 km east of the small community of Dease Lake, northern British Colum...Read More
Rubicon's Phoenix Gold Project in northern Ontario. Source: Rubicon Minerals Corp.The Pheonix Gold Project is an underground exploration project located in the district of Red Lake located 265 km northeast of Winnipeg, Manitoba.Rubicon owns 100% of the Phoenix Gold Project which consists of the high-grade F2 gold deposit, more than 9,000 metres of underground development, including a commissioned...Read More
DXI Energy's Woodrush Oil & Gas project in northeastern British Columbia. Source: DXI Energy Inc."We are pleased to report that we are in receipt of licenses and permits required to mobilize a rig to spud the first of several exploration wells intended to demonstrate high potential targets delineated by the third quarter and fourth quarter integration and re-interpretation of multiple 3D surve...Read More
Wally Schumann, Minister of Industry, Tourism and Investment, Northwest Territories. Photo by Ellsworth DicksonDuring the recent PDAC Conference in Toronto, Resource World Magazine had a chance to interview Wally Schumann, Minister of Industry, Tourism and Investment, as well as Minister of Infrastructure, Northwest Territories.RESOURCE WORLD: With only 44,000 people living in the Northwest Territ...Read More