Recent News

Diamond & Specialty Minerals Summary for Feb. 28, 2018

March 01, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a weak 67-89-134. The TSX Venture Exchange gained 13 points to 829 while rough diamond prices were flat. Lukas Lundin and Eira Thomas's Lucara Diamond Corp. (LUC) dropped 11 cents t...Read More

Gold Summary for Feb. 28, 2018

March 01, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $0.40 to $1,317.30 on Wednesday. The TSX Venture Exchange rose 13.94 points to 829.12 while the TSX Gold Index dropped 0.42 point to 179.59. Continuing troubles with some militant locals sent Torex Gold Resource...Read More

Shell Summary for Feb. 28, 2018

March 01, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange climbed 13.94 points to 829.12 Wednesday. Joe DeVries's new capital pool shell, Anquiro Ventures Ltd. (AQR), resumed trading today, following a $200,000 initial public offering at 10 cents.Anquiro has 2.5 milli...Read More

Diamond & Specialty Minerals Summary for Feb. 27, 2018

March 01, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a bleak 59-104-127. The TSX Venture Exchange fell 11 points to 815 while rough diamond prices were flat. Patrick Power's Arctic Star Exploration Corp. (ADD) gained one-half cent to 21...Read More

Gold Summary for Feb. 27, 2018

March 01, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $15.20 to $1,317.70 on Tuesday. The TSX Venture Exchange fell 11.69 points to 815.18 while the TSX Gold Index dropped 4.55 points to 180.01. Detour Gold Corp. (DGC) led Canadian gold miners lower today, dropping...Read More

Shell Summary for Feb. 27, 2018

March 01, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 11.67 points to 815.20 Tuesday. Andrew Shapack and Sean Nakamoto have filed a preliminary prospectus to list a capital pool shell called Pine Trail Capital Trust. The shell is a trust, rather than a corpor...Read More

Energy Summary for Feb. 27, 2018

March 01, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for April delivery lost 90 cents to $63.01 on the New York Merc, while Brent for April lost 87 cents to $66.63 (all figures in this para U.S.). Western Canadian Select traded at a discount of $28 to WTI (...Read More

Scotia Capital settles Alzheimer's patient case

March 01, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellScotia Capital Inc. has settled a lawsuit it faced in the Supreme Court of British Columbia over losses in the accounts of an Alzheimer's patient. The suit, filed by the Public Guardian and Trustee, claimed that Scotia Capital had allowed speculative...Read More

ASIAN MORNING BRIEF 01/03: LME base metals drop in unison; Ok Tedi copper mine road access cut off by landslide; Jamalco alumina refinery to convert to natural gas, ending reliance on oil

March 01, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Thursday March 1.Base metals prices on the London Metal Exchange fell across the board at the close on Wednesday February 28, with the complex under pressure from the resurgent dollar, which hit its highest level since January 19. Read more in our live futures report.Here are how LME prices looked at Wednesday's close:Metal Bulletin has lea...Read More

Reunion for Hemlo Alumni: Interview with CEO Canadian Orebodies' (TSX-V: CORE) Gordon McKinnon

March 01, 2018 / www.miningfeeds.com

Today, Canadian Orebodies Inc. (TSX-V: CORE) released results from its fall 2017 Black Raven prospecting program which is indicating a significant discovery of multiple high grade gold bearing vein structures. The results are validating the company's strategy of consolidating its land position at Black Raven as it is starting to uncover a new trend in the historic Hemlo mining camp. Prospect...Read More

Here's What Gold is Waiting for

March 01, 2018 / www.miningfeeds.com

Gold was well bid during the equity correction but it could not breakout then and has retreated as equities have roared back. As a result, the Gold to stocks ratio has retraced most of its recent surge. Meanwhile, the US Dollar has rebounded and the oversold and overhated bond market could be starting a rally. The recent rise in long-term bond yields which has benefitted Gold appears due for a pau...Read More

Reunion for Hemlo Alumni: Interview with CEO Canadian Orebodies' (TSX-V: CORE) Gordon McKinnon

March 01, 2018 / www.miningfeeds.com

Today, Canadian Orebodies Inc. (TSX-V: CORE) released results from its fall 2017 Black Raven prospecting program which is indicating a significant discovery of multiple high grade gold bearing vein structures. The results are validating the company's strategy of consolidating its land position at Black Raven as it is starting to uncover a new trend in the historic Hemlo mining camp. Prospect...Read More

Here's What Gold is Waiting for

March 01, 2018 / www.miningfeeds.com

Gold was well bid during the equity correction but it could not breakout then and has retreated as equities have roared back. As a result, the Gold to stocks ratio has retraced most of its recent surge. Meanwhile, the US Dollar has rebounded and the oversold and overhated bond market could be starting a rally. The recent rise in long-term bond yields which has benefitted Gold appears due for a pau...Read More

Georgia Power hires Summer operators for Vogtle

March 01, 2018 / tinyurl.com

Georgia Power has hired 14 operators for Vogtle 3 and 4 from the abandoned VC Summer nuclear project. In its latest report to the Georgia Public Service Commission (PSC), the company said this will save nearly two years of training time and costs.Vogtle unit 3, pictured in January 2018 (Image: Georgia Power)Georgia Power is required to file reports with the PSC every six month to provide an update...Read More

Africa Gets its first host research reactor

March 01, 2018 / tinyurl.com

An agreement signed today in Vienna will enable students from Kenya, Tanzania, Tunisia and South Africa to access a research reactor in Morocco for the purpose of nuclear education and training. Researchers from other African countries are expected to join the project in the future.Research reactors are vital for the study of modern nuclear analytical techniques, but there are only nine of them op...Read More

NDA mismanaged Magnox contract, report says

March 01, 2018 / tinyurl.com

Costly mistakes have caused "untold reputational damage" to the UK's Nuclear Decommissioning Authority (NDA), according to a parliamentary report published yesterday. The Public Accounts Committee (PAC) report also says that central government "must share the blame" for failures over a GBP6.1 billion (USD8.4 billion) Magnox contract that was terminated nine years early.Cavendish Fluor Partnership...Read More

Rising says UK should aim for 50% nuclear

March 01, 2018 / tinyurl.com

An experienced nuclear country like the UK should aim to have nuclear accounting for around 50% of its energy mix, according to World Nuclear Association Director General Agneta Rising. She was speaking at the Civil Nuclear Showcase conference in London on 27 February.Nuclear energy currently accounts for about 20% of the UK's electricity production. According to the Final Report of the Industrial...Read More

BAUXITE & ALUMINA CONF: Noranda working to cut bauxite shipment costs from Jamaica

March 01, 2018 / www.metalbulletin.com

Noranda is seeking to ship its bauxite directly from Jamaica instead of transferring it from Panamax into Capesize vessels in Trinidad, a move that will shave several dollars off the cost of transportation, a senior Noranda Bauxite and Alumina executive said at Metal Bulletin's Bauxite & Alumina conference in Jamaica. According to Chris Young, vice president of sales and marketing, it costs around...Read More

LME sets $1 OTC booking fee payable from June 1

March 01, 2018 / www.metalbulletin.com

The London Metal Exchange will introduce a financial over-the-counter (OTC) booking fee, which will be payable from June 1, the exchange said on Thursday March 1. Following a consultation period with the market, the exchange announced on Thursday that it will set a OTC booking fee of $1 per equivalent LME lot which will be paid by financial institutions for each OTC trade executed in place of an L...Read More

Shanghai-bonded nickel stocks jump in February on firmly shut arbitrage window; soft demand keeps zinc stocks at record high

March 01, 2018 / www.metalbulletin.com

Nickel stocks in the Shanghai-bonded zone surged in February due to the enlarged negative arbitrage between London Metal Exchange prices and the Chinese domestic market, while higher zinc stocks were attributed to sufficient domestic supply and soft demand in the China market. In February 2018, Shanghai-bonded nickel stocks increased by 69.8% month on month, after the sustained negative arbitrage...Read More

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