International Lithium (TSXV: ILC; US-OTC: ILHMF) could produce 10,000 tonnes lithium carbonate equivalent per year over a 25 year mine life at its Mariana lithium brine project, according to a recent preliminary economic assessment. It could also produce 84,000 tonnes per year sulphate of potash.The project, located in Salta, Argentina, has an estimated US$192 million after tax net present value...Read More
International Lithium (TSXV: ILC; US-OTC: ILHMF) could produce 10,000 tonnes lithium carbonate equivalent per year over a 25 year mine life at its Mariana lithium brine project, according to a recent preliminary economic assessment. It could also produce 84,000 tonnes per year sulphate of potash.The project, located in Salta, Argentina, has an estimated US$192 million after tax net present value...Read More
Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years, a new study shows.According to the 11th annual EY survey of 250 executives, the topic was listed sixth in the list of the ten major risks facing mining and metals firm in 2019-2020. Other challenges listed by the participants were rising national...Read More
Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years, a new study shows.According to the 11th annual EY survey of 250 executives, the topic was listed sixth in the list of the ten major risks facing mining and metals firm in 2019-2020. Other challenges listed by the participants were rising national...Read More
Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years, a new study shows.According to the 11th annual EY survey of 250 executives, the topic was listed sixth in the list of the ten major risks facing mining and metals firm in 2019-2020. Other challenges listed by the participants were rising national...Read More
Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years, a new study shows.According to the 11th annual EY survey of 250 executives, the topic was listed sixth in the list of the ten major risks facing mining and metals firm in 2019-2020. Other challenges listed by the participants were rising national...Read More
Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years, a new study shows.According to the 11th annual EY survey of 250 executives, the topic was listed sixth in the list of the ten major risks facing mining and metals firm in 2019-2020. Other challenges listed by the participants were rising national...Read More
Our INK US Indicator moved up slightly last week to 64% Wednesday, at which point there are 6.4 stocks with key insider buying for every 10 with selling. Given that the indicator is still on the rise, we have yet to see peak insider buying that typically occurs near market bottoms. Just as we see a lack of confirmation from our indicator that a durable floor has been established for stocks, we al...Read More
PERU - SENACE, the Peruvian National Environmental Certification Service, has rejected Toronto-based Sierra Metals' environmental impact assessment for the expansion of the tailings management facility at the Yauricocha polymetallic mine in the Yauyos province.Sierra Metals has 15 business days to provide a re-evaluation to the authorities to initiate a review process. This process will delay the...Read More
PERU - SENACE, the Peruvian National Environmental Certification Service, has rejected Toronto-based Sierra Metals' environmental impact assessment for the expansion of the tailings management facility at the Yauricocha polymetallic mine in the Yauyos province.Sierra Metals has 15 business days to provide a re-evaluation to the authorities to initiate a review process. This process will delay the...Read More
PERU - SENACE, the Peruvian National Environmental Certification Service, has rejected Toronto-based Sierra Metals' environmental impact assessment for the expansion of the tailings management facility at the Yauricocha polymetallic mine in the Yauyos province.Sierra Metals has 15 business days to provide a re-evaluation to the authorities to initiate a review process. This process will delay the...Read More
ONTARIO - Toronto-based McEwen Mining has announced plans to spend $20 million for exploration on its properties near Timmins. The company will offer approximately 6.0 million flow-through shares priced at $3.02 each.McEwen says the offer price represents a premium of 25% over the closing price of its common shares on the TSX as of Dec. 5, 2018.The most promising exploration program in 2018 was...Read More
ONTARIO - Toronto-based McEwen Mining has announced plans to spend $20 million for exploration on its properties near Timmins. The company will offer approximately 6.0 million flow-through shares priced at $3.02 each.McEwen says the offer price represents a premium of 25% over the closing price of its common shares on the TSX as of Dec. 5, 2018.The most promising exploration program in 2018 was...Read More
ONTARIO - Toronto-based McEwen Mining has announced plans to spend $20 million for exploration on its properties near Timmins. The company will offer approximately 6.0 million flow-through shares priced at $3.02 each.McEwen says the offer price represents a premium of 25% over the closing price of its common shares on the TSX as of Dec. 5, 2018.The most promising exploration program in 2018 was...Read More
Most of its sector peers are trading lower today, thoughMarvell Technology Group Ltd. (NASDAQ:MRVL) is bucking broader tech headwinds today, after the chipmaker reported adjusted third-quarter profit of 33 cents per share on $851 million in revenue -- more than analysts were expecting. And even though company forecast a roughly 10% decline in current-quarter storage revenue, MRVL stock is up 3% in...Read More
A high-profile Chinese tech exec was arrested in Canada at the request of the U.S.Stocks are set to pick up right where they left off on Tuesday, with Dow Jones Industrial Average (DJIA) futures trading 350 points below fair value at last check. Today's selling appears to be sparked by news that Canadian authorities have detained Huawei Chief Financial Officer Meng Wanzhou at the request of the U....Read More
Newmont Mining Corp on Thursday updated its five-year production outlook and said it expects gold production for 2019 to be in the midpoint of its previous forecast.The Colorado-based miner sees 2019 output at 5.2 million ounces of gold, from an earlier forecast range of 4.9 million ounces to 5.4 million ounces.The company expects production in 2019 to be driven by its recently completed Subika Un...Read More
Stifel has downgraded CNAT, while others issued price-target cutsThe shares of Conatus Pharmaceuticals Inc (NASDAQ:CNAT) are down a whopping 50% in electronic trading, after the drug developer's mid-stage study of a treatment for fatty liver disease failed to meet its main goals. In response, Stifel downgraded the stock to "hold" from "buy," while slashing its price target to $4 from $10. In add...Read More
NEVADA - Premier Gold Mines of Thunder Bay, Ont., has provided an update on development at the South Arturo joint venture in the Carlin Trend. Construction of the Phase One open pit and the El Nino underground mine are progressing well.The El Nino underground deposit is the down-plunge extension of the Phase Two pit that was mined in 2016-17. Initial gold production is expected late next year. R...Read More
NEVADA - Premier Gold Mines of Thunder Bay, Ont., has provided an update on development at the South Arturo joint venture in the Carlin Trend. Construction of the Phase One open pit and the El Nino underground mine are progressing well.The El Nino underground deposit is the down-plunge extension of the Phase Two pit that was mined in 2016-17. Initial gold production is expected late next year. R...Read More