Canada's Barrick Gold (TSX, NYSE:ABX), the world's top bullion producer by volume, is acquiring 12,600,000 common shares of fellow junior miner Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects on South America's North Atlantic coast.The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Q...Read More
Canada's Barrick Gold (TSX, NYSE:ABX), the world's top bullion producer by volume, is acquiring 12,600,000 common shares of fellow junior miner Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects on South America's North Atlantic coast.The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Q...Read More
Canada's Barrick Gold (TSX, NYSE:ABX), the world's top bullion producer by volume, is acquiring 12,600,000 common shares of fellow junior miner Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects on South America's North Atlantic coast.The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Q...Read More
Fred Imbert | Sam Meredith | Yen Nee LeePublished 18 Hours AgoUpdated2 Hours AgoCNBC.com show chapters Markets slump on fears of a global slowdown — Four experts on what to watch next 5 Hours Ago |03:17 Stocks fell sharply on Friday after weaker-than-expected data in China and Europe exacerbated concerns of a global economic slowdown.The Dow Jones Industrial Average fell...Read More
Published 20 Hours AgoUpdated6 Hours AgoReuters Gold fell to its lowest in more than a week on Friday and was on track to mark its biggest weekly decline in more than a month, as the dollar climbed on robust U.S. economic data ahead of a U.S. Federal Reserve meeting next week.Spot gold eased 0.3 percent to $1,238.86 per ounce as of 11:14 a.m. EST (1614 GMT). Earlier in the session, prices hit thei...Read More
Australian miner and infrastructure supplier Mineral Resources (ASX: MIN) signed Friday a binding deal to sell a stake in its Wodgina Lithium Project and form a joint venture with US-based battery metals giant Albemarle for $1.15 billion.The agreement gives Albemarle a 50% interest in all mineral rights within the Wodgina tenements, other than iron-ore, which Mineral Resources will retain, and Tan...Read More
Shares in Africa-focused Firestone Diamonds (LON:FDI) shot up more than 14% on Friday after the company announced it had recovered a 46-carat white diamond at its 75%-owned Liqhobong diamond mine in Lesotho.The gem-quality stone was recovered undamaged, the miner said, and will be sold at the next tender in January.Firestone, one of the four African diamond producers part a potential four-way me...Read More
Shares in Africa-focused Firestone Diamonds (LON:FDI) shot up more than 14% on Friday after the company announced it had recovered a 46-carat white diamond at its 75%-owned Liqhobong diamond mine in Lesotho.The gem-quality stone was recovered undamaged, the miner said, and will be sold at the next tender in January.Firestone, one of the four African diamond producers part a potential four-way me...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), the most advanced platform for the distribution of consumer-relevant product information, is pleased to announce the addition of a NYSE publicly traded global e-commerce service provider to its Channel Partner Program.Venzee's Channel Partner Program was created to leverage Venzee's Mesh API platform for high v...Read More
China on Friday reported industrial output and retail sales growth for the month of November that missed expectations, according to data from the National Bureau of Statistics.The world's second-largest economy has begun to show signs of slowing down amid a bitter trade dispute with the U.S.Huileng Tan| @huileng_tanPublished 23 Hours AgoUpdated9 Hours AgoCNBC.com show chapters China to suspend...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has completed the sale of a BOSS CO2 Extraction System ("BOSS") to a licensed facility in Ontario.The recent BOSS sale follows an eventful month for the Company with the Quadron team showcasing its equipment and turn-key extraction facility set-ups at the MJBiz Conference in Las...Read More
"Azumah Resources has made a new "blind" high-grade eastern lode discovery through drilling at the Bepkong deposit at its Wa gold project in Ghana. https://t.co/r7SyPyDWew #investing #resource #gold #discovery"Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose Thursday as Wall Street expressed optimism over U.S. and China trade talks. General Electric Co. (GE) jumped 7% after JPMorgan analyst Stephen Tusa lifted his rating on the stock to "neutral" from "underweight." -Apple Inc. (AAPL) said Thursday it would invest $1 billion to build a ne...Read More
Gold prices have declined so far this year. But 2019 and 2020 should be positive again because analysts at ABN AMRO expect a lower dollar, lower US Treasury yields, a recovery of the Chinese yuan and higher jewellery demand. Speculators are expected to cut their substantial short positions and gold prices should rise to above the 200-day moving average. We keep our year-end tar...Read More
Silver prices have declined by 14% and speculators hold extreme short positions. Silver prices have seen the worst and ABN AMRO analysts are positive on silver outlook, because of lower dollar, lower US Treasury yields and recovery in the Chinese yuan.So far year-to-date silver prices have been the weakest among precious metal prices. They have declined by more than 14%. Silver prices ha...Read More
Dutch bank Rabobank, international trading firm Concord Resources and warehousing firm PGS are developing a blockchain trading platform for the metal repo financing business, the companies said.The parties signed a letter of intent and have already started developing the system, known as Beyond Commodities. Its goal is to drive efficiencies, traceability and transparency in metals trading - specif...Read More
Since its merger with Xstrata, Glencore - previously a trading and marketing firm - has become a mining firm whose earnings before interest, taxes, depreciation and amortization is dominated by earnings from its industrial activities. The recent appointment of Peter Freyberg as head of the company's industrial mining assets, a newly created position with oversight and responsibility for all Glenco...Read More
Comex copper prices moved higher on the morning of Thursday December 13 in the United States, with easing global trade tensions providing a boost to risk appetite.The copper price for March settlement on the Comex division of the New York Mercantile Exchange gained 0.90 cents to $2.7790 per lb.Worries that the trade war between the US and China will only escalate in 2019 have softened in recent we...Read More
Since its merger with Xstrata, Glencore - previously a trading and marketing firm - has become a mining firm whose earnings before interest, taxes, depreciation and amortization is dominated by earnings from its industrial activities. The recent appointment of Peter Freyberg as head of the company's industrial mining assets, a newly created position with oversight and responsibility for all Glenco...Read More
The minor metals industry is facing turbulent times and increased volatility in all regions, but some things remain constant and there are always new opportunities if you know where to look, says former-chairman of the MMTA Anthony Lipmann. For Lipmann, owner of niche metals company Lipmann Walton and former chairman of the Minor Metals Trade Association, the constants include an "old fa...Read More