ONTARIO - Toronto-based North American Palladium has signed a major mine development contract with Redpath Canada of North Bay, Ont. Redpath. The expansion will double the capacity of the mine and mill to 12,000 t/d from 6,000 t/d. The project is 85 km northwest of Thunder Bay.The contractor will conduct underground development for a major expansion at the Lac des Iles palladium mine. To access or...Read More

One little-known company already has the key to efficient, high-quality, low-cost cannabis production.Cannabis 2.0 is coming.And it's going to be huge. With huge margins and international attention...The cannabis sector is poised to explode. Some analysts are predicting that the industry will reach $500 billion. With stakes that high, only the most efficient and competitive cannabis players will...Read More

SASKATCHEWAN - UEX Corporation has released the maiden resource estimate for its 60% owned Christie Lake uranium joint venture. JCU (Canada) Exploration Co. is the 40% owner of the project located 9 km northeast of and along strike of the McArthur River uranium mine in the Athabasca Basin.The project is still in the early stages, and the drill holes were widely spaced, but the inferred resource is...Read More

Gold prices climbed on Wednesday, holding ground at their highest finish since July, then pulled back in the wake of the Federal Reserve's decision to lift a key interest rate, as had been expected. The Federal Reserve on Wednesday, after gold futures settled, said it decided to hike its target for the federal-funds rate by a quarter point to a range between 2.25% and 2.5%. The central bank also s...Read More

SASKATCHEWAN - UEX Corporation has released the maiden resource estimate for its 60% owned Christie Lake uranium joint venture. JCU (Canada) Exploration Co. is the 40% owner of the project located 9 km northeast of and along strike of the McArthur River uranium mine in the Athabasca Basin.The project is still in the early stages, and the drill holes were widely spaced, but the inferred resource is...Read More

SASKATCHEWAN - UEX Corporation has released the maiden resource estimate for its 60% owned Christie Lake uranium joint venture. JCU (Canada) Exploration Co. is the 40% owner of the project located 9 km northeast of and along strike of the McArthur River uranium mine in the Athabasca Basin.The project is still in the early stages, and the drill holes were widely spaced, but the inferred resource is...Read More

Bloomberg said GE has filed IPO papers for its healthcare unitThe shares of General Electric Company (NYSE:GE) are trading up 7.1% today at $7.79, after Bloomberg reported the company has filed confidentially for an initial public offering (IPO) of its healthcare unit. Plus, GE stock was upgraded for the second time in the past week -- with Vertical Research Partners lifting its rating to "buy" --...Read More

Ontario's Government for the People is supporting economic growth in Nipissing with more than $2.3 million in investments through the Northern Ontario Heritage Fund.Today, Vic Fedeli, MPP for Nipissing, announced an investment of more than $2.1 million in four local mining supply and service companies, which will create 46 full-time and two part-time jobs. The investments include: $1.4 million f...Read More

The healthcare concern is pulling textured breast implants from European marketsThe shares of Allergan plc (NYSE:AGN) are getting crushed today, after the company pulled its textured breast implants from the market in Europe. Late yesterday, France's regulatory body issued a recall request for the implants, saying they've been linked to a rare type of cancer. There is no evidence that women who ha...Read More

Nevada Sunrise Gold Corporation (TSXV:NEV) (Read full newsRead More

MELBOURNE - Australia's Kidman Resources has signed a preliminary deal to supply lithium hydroxide to LG Chem Ltd of South Korea, Kidman said on Wednesday, as suppliers to the electric vehicle industry rush to secure raw materials for a boom in demand.Kidman will supply 12,000 tonnes of lithium hydroxide a year to the diversified chemicals company for 10 years A final deal is expected by July 31,...Read More

In response to a written request by Greg Rickford, Minister of Energy, Northern Development and Mines, the Canadian Competition Bureau will examine retail gasoline prices in northwestern Ontario.On November 30, Minister Rickford drew the Bureau's attention to evidence that gasoline prices in northwestern Ontario did not decrease as they did in the rest of Ontario when the cap-and-trade carbon tax...Read More

The retailer will report earnings after tomorrow's closeIt's been a volatile stretch for Nike Inc (NYSE:NKE) stock, per its 60-day historical volatility of 30.4% -- in the 100th annual percentile. The options market is expecting even more volatility for NKE shares after the athletic apparel retailer reports earnings after the market closes tomorrow, Dec. 20.Specifically, Trade-Alert places the imp...Read More

JOHANNESBURG - A South African union has filed an appeal to overturn a mining deal in which Sibanye-Stillwater intends to acquire rival Lonmin , Sibanye said on Wednesday.The Association of Mineworkers and Construction Union (AMCU), protesting to job cuts related to the deal, launched an appeal with the Competition Appeals Court. The union's action comes almost a month after the Competition Tribun...Read More

JOHANNESBURG - A South African union has filed an appeal to overturn a mining deal in which Sibanye-Stillwater intends to acquire rival Lonmin , Sibanye said on Wednesday.The Association of Mineworkers and Construction Union (AMCU), protesting to job cuts related to the deal, launched an appeal with the Competition Appeals Court. The union's action comes almost a month after the Competition Tribun...Read More

Preliminary results from a bulk sample taken at its Windfall Lake deposit in Quebec delivered an average head grade of 9.7 grams gold per tonne and 5.5 grams silver per tonne, Osisko Mining (TSX: OSK) reports.The sample head grade from Zone 27 is 39% higher than indicated in the resource block model for the area, a "strong result" and "an early Christmas gift to our shareholders," John Burzynski,...Read More

Preliminary results from a bulk sample taken at its Windfall Lake deposit in Quebec delivered an average head grade of 9.7 grams gold per tonne and 5.5 grams silver per tonne, Osisko Mining (TSX: OSK) reports.The sample head grade from Zone 27 is 39% higher than indicated in the resource block model for the area, a "strong result" and "an early Christmas gift to our shareholders," John Burzynski,...Read More

Preliminary results from a bulk sample taken at its Windfall Lake deposit in Quebec delivered an average head grade of 9.7 grams gold per tonne and 5.5 grams silver per tonne, Osisko Mining (TSX: OSK) reports.The sample head grade from Zone 27 is 39% higher than indicated in the resource block model for the area, a "strong result" and "an early Christmas gift to our shareholders," John Burzynski,...Read More

Both drug stocks have pulled back from multi-year highs Despite today's gains, the healthcare sector has been under pressure lately amid the recent Obamacare court ruling. If history is any guide though, there could be clear skies ahead for blue chip Merck & Co., Inc. (NYSE:MRK) and cardiovascular disease specialist Amarin Corporation (NASDAQ:AMRN), both of which are flashing the same bullish s...Read More

It all started so well in 2018 for investors in European metal and mining stocks, as copper led a base-metals rally to multi-year highs in a time before trade turmoil gripped markets. But, as the year closes, the sector index is languishing about 25 percent below its June peak.Fractious rhetoric between Washington and Beijing over tariffs, plus growing worries about the state of China's economy un...Read More