There will be a massive influx of copper scrap to China in the first half of this year, with market participants hurrying to secure material before the country steps up its clampdown on scrap imports in the latter half, a BMO Capital Markets analyst said. China will restrict the importing of copper scrap classified under HS code 7404000090, including category 6 copper scrap which does not require...Read More
Fastmarkets has corrected its ferrous shredded scrap Rotterdam export price, which was published incorrectly on December 21 and December 28 due to a reporter error.The price was originally published incorrectly at $376-378 per tonne fob Rotterdam and has been corrected to $276-278 per tonne fob Rotterdam. Fastmarkets price book and database have been updated to reflect this change.To provide feedb...Read More
Cobalt 27 Capital has entered an agreement to acquire ASX-listed Highlands Pacific. The acquisition, valued at $96 million, will increase Cobalt 27's exposure to nickel through the Ramu nickel-cobalt mine in Papua New Guinea. Highlands Pacific owns an 8.56% interest in the mine, which is majority owned by Metallurgical Corp. of China Ltd.Cobalt 27 has agreed to pay A10.5 ? in cash per share for...Read More
As a general rule, the most successful man in life is the man who has the best informationWe probably have more rare earth deposits in Canada, or controlled by Canadian-listed juniors, than anywhere in the world. But Spectrum Mining Corporation, a private company, controlled one of the best - the Wicheeda Lake REE claims 80km north of Prince George, BC.Wicheeda LakeIn 2008 Spectrum contracted Falc...Read More
"The majors had a bad start to 2019 as weak Chinese manufacturing numbers fed into the global selloff | https://t.co/0ktJA1UZnV #LSE #AIM #TSX #mining"Read full newsRead More
And the hits for Apple shareholders just keep on coming.Read full newsRead More
The Oyu Tolgoi project is central to Rio Tinto's push to diversify its portfolio away from iron ore.Read full newsRead More
Bullion futures held near a six-month high after topping $1,280 an ounce.Read full newsRead More
...as with all moments of excess, there is a price to be paid and the hangover has escalated...Read full newsRead More
"Fantastic day on the markets for many companies I am following in the first trading day of 2019.(#CSE: $BOSS) (#CSE: $TGIF) (#CSE: $CROP) (#CSE: $HUGE) all having a wonderful day!"Read full newsRead More
ELKO - A positive regulatory environment, plentiful resources and high enough metal prices encouraged progress in the mining industry in 2018, and Nevada participated in - if not led -Read full newsRead More
"CFN Media interviews North Bud Farms at Canna Brunch NYC 2018 -- @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC #medicalmarijuana -- Watch the Video here: https://t.co/8Abi84ARZV"Read full newsRead More
""You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ." - Warren Buffet #oracleofomaha #wisewords #qoute #investlikethebest"Read full newsRead More
Newrange Gold Corp. (TSXV:NRG) (Read full newsRead More
Gold Resource Corporation (NYSE American:GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for December 2018 payable on January 23, 2019 to shareholders of record as of January 11, 2019. Read full newsRead More
Work has already begun on upgrading the site security which includes cameras and fencing.Read full newsRead More
Metso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp.HighService Service is a high-quality service provider for the mining industry, with operations in Chile, Argentina and Brazil. Its sales in the fiscal year 2017 were 60 million euros and it has 1,300 employees.The acquisition is pending regulatory app...Read More
It's the first day of a new era for Barrick Gold, the world's largest bullion miner, as it officially began trading Wednesday as a merged entity with Randgold Resources.From now on, Barrick's symbol on the New York Stock Exchange will be GOLD, the ticker formerly held by Randgold on NASDAQ. In Toronto, the company is keeping its ABX symbol.The $18.3 billion-deal, which gained final approval in D...Read More
China's No.1 gold producer Zijin Mining plans to issue 8 billion yuan (about $1.2 billion) worth of shares in Shanghai to finance the acquisition of Canada's Nevsun Resources (TSX, NYSEMKT:NSU), the biggest overseas purchase since the Beijing-backed miner went public in Hong Kong in 2003.Zijin aims to sell up to 3.4 billion A shares to investors in China, in a plan which is subject to shareholder...Read More
South Korean plaintiffs in a World War Two forced labour court case against Japan's Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel's Korean assets, their lawyers said on Wednesday.The application for the asset seizure, if approved by the court, could further strain South Korea's already frosty bilateral relations with Japan over the issue.Japan denounced a South Kore...Read More