Recent News

Shell Summary for Jan. 17, 2018

January 19, 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 3.31 points to 884.96 Wednesday. Brian Presement's Sagittarius Capital Corp. (SCX) plans to acquire Israeli irrigation company Irri-al-Tal Ltd. as its qualifying transaction. In connection with the QT, Irr...Read More

Aurora denies wrongdoing in option lawsuit

January 19, 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Mike CaswellAurora Cannabis Inc. has responded to a lawsuit over a $1.9-million stock option, saying that the option is no longer valid. Aurora says that it had granted the option to a U.S. consultant, but the consultant's agreement specified that the option woul...Read More

Adam Hamilton: GDX $25 Breakout on Earnings

January 19, 2018 / www.miningfeeds.com

The world's leading gold-stock ETF is nearing a major upside breakout from key technical levels. GDX is getting closer to challenging and powering above $25. That would accelerate the sentiment shift in this deeply-undervalued sector back to bullish, enticing investors to return. Good operating results from the major gold miners in their upcoming Q4'17 earnings season could prove the catalys...Read More

Adam Hamilton: GDX $25 Breakout on Earnings

January 19, 2018 / www.miningfeeds.com

The world's leading gold-stock ETF is nearing a major upside breakout from key technical levels. GDX is getting closer to challenging and powering above $25. That would accelerate the sentiment shift in this deeply-undervalued sector back to bullish, enticing investors to return. Good operating results from the major gold miners in their upcoming Q4'17 earnings season could prove the catalys...Read More

Russia and Sri Lanka plan nuclear energy cooperation

January 19, 2018 / tinyurl.com

Russia and Sri Lanka have held talks this week on establishing cooperation in the peaceful uses of nuclear energy. Nikolay Spassky, deputy director general of Russian state nuclear corporation Rosatom, met with Ranjith Siyambalapitiya and Susil Premajayantha, respectively Sri Lanka's minister of power and renewable energy and minister of science, technology and research, on 16-17 January.Spassky m...Read More

Tepco surveys interior of unit 2 containment vessel

January 19, 2018 / tinyurl.com

An internal investigation of the primary containment vessel (PCV) of unit 2 at the damaged Fukushima Daiichi nuclear power plant in Japan was completed as scheduled today, Tokyo Electric Power Company (Tepco) has announced. The survey - using a suspended pan-tilt camera attached to a telescopic guiding pipe - identified deposits and fuel assembly components at the bottom of the pedestal area.A fue...Read More

MONTHLY ALUMINIUM BILLET WRAP: ABI lockout, weather push US billet premiums up

January 19, 2018 / www.metalbulletin.com

Aluminium billet premiums in the United States jumped, some premiums in Asia were lower, and the Germany premium in Europe widened upward.The aluminium three-month price on the London Metal Exchange closed at $2,219 per tonne.The spread between the three-month and cash price was in a $1.50 contango per tonne after touching a $6 backwardation earlier in the week.The US 6063 spot billet upcharge has...Read More

LIVE FUTURES REPORT 19/01: LME zinc ends week on a high; nickel finds resistance at $13,000/t

January 19, 2018 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were on divergent paths at the close on Friday January 19, after a week of volatility. Zinc and tin both set fresh 2018-highs during the early morning London session, sustaining their gains throughout the day to close in positive territory."Zinc is forecast to continue its strong rally as global production is on track to trail demand for a third stra...Read More

"Mother Of All Blow-Offs?"

January 19, 2018 / investmentresearchdynamics.com

People who look for easy money invariable pay for the privilege of proving conclusively that it cannot be found on this earth. - Jesse LivermoreBoeing's stock has gone parabolic. It's doubled since April 2017:The stock now trades at a 31x PE ratio, for whatever that's worse. I'm sure if I went through the numbers closely, I could find numerous accounting manipulations which added a copious amount...Read More

Chinese nickel briquette market shrugs off Ambatovy delayed restart; premiums unchanged

January 19, 2018 / www.metalbulletin.com

Nickel briquette premiums cif China were steady week on week in spite of a production outage at the Ambatovy project in Madagascar. Premiums for nickel briquette from LME warehouses cif China remained at $130-140 per tonne in the week ended Friday January 19, sources told Metal Bulletin. Meanwhile, duty-free nickel briquettes from Australia and Madagascar are being offered at premiums of $350-360...Read More

Golden Arrow and SSR Mining received all permits for Chinchillas to start

January 19, 2018 / feedproxy.google.com

Golden Arrow Resources (GRG.V) and SSR Mining (SSRM, SSR.TO), the 25/75 joint venture partners on the Pirquitas and Chinchillas projects have now received the approval of the Environmental Impact Assessment for the Chinchillas project. This means the final 'hurdle' has now been overcome and development is already underway.The partners expect the first ore from the Chinchillas deposit to be process...Read More

Far Resources launches lithium drilling in Manitoba

January 19, 2018 / resourceworld.com

Diamond drilling at the Zoro 1 property near Snow Lake, Manitoba. Source: Far Resources Ltd.Far Resources Ltd. [FAT-CSE; OTC-FRRSF; FOR-FSE] said Friday January 19 that it has launched a new phase of drilling at its Zoro lithium property near Snow Lake, western Manitoba.The move comes after the company received a permit from the Manitoba Government's office of Sustainable Development to drill 2,00...Read More

CanniMed Therapeutics Stock Climbs as Takeover Speculation Swirls

January 19, 2018 / smallcappower.com

CanniMed Therapeutics Inc. (TSX:CMED) postponed its key shareholder meeting to allow discussions regarding a possible transaction with Aurora Cannabis Inc. (TSX:ACB)SmallCapPower | January 19, 2018: CanniMed Therapeutics Inc. (TSX:CMED) Thursday announced the postponement of its key shareholder meeting to January 25, 2018, from January 23, 2018. CanniMed has determined to postpone the Meeting to a...Read More

Selenium prices rise on robust Indian demand, tightening supply

January 19, 2018 / www.metalbulletin.com

Selenium prices rose over the past week on dwindling supply and buoyant demand from India. "There are usually two reasons for selenium prices to go up or down - a change in demand from either India or China. And both Chinese and Indian markets are hot right now," a market participant said. Metal Bulletin's selenium price rose to $18-19.5 per lb in the midweek assessment on Wednesday January 1...Read More

LiCo Energy intersects 21.9% cobalt over 0.36 metres at Teledyne property, Ontario

January 19, 2018 / resourceworld.com

LiCo Energy's Teledyne cobalt property in the famous sil;er-cobalt camp near Cobalt, northeastern Ontario. Source: LiCo Energy Metals Inc.LiCo Energy Metals Inc. [LIC-TSXV, WCTXF-OTCQB] on Friday January 19 released some of the best cobalt values encountered so far at its Teledyne and Glencore Bucke exploration properties northeast of Cobalt, Ontario. The latest results are assays from two holes d...Read More

EUROPE ALLOY STEEL SCRAP: Prices fall on nickel price drop, weak dollar

January 19, 2018 / www.metalbulletin.com

The UK inter-merchant price range for austenitic alloy steel scrap fell by ?40-60 per tonne this week as both the US dollar and nickel prices weakened, sources said on Friday January 19.Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?900-940 ($1,247-1,302) per tonne delivered on Friday, compared with ?960-980 per tonne on January 12.The London Metal...Read More

WEEKLY SCRAP WRAP: Weak Turkish demand pushes down global prices

January 19, 2018 / www.metalbulletin.com

The scrap prices in the major markets, other than the United States, have softened in line with weak demand from Turkish steel producers during the working week from Monday January 15 to Friday January 19.However, the US market was also expected to follow the trend, with Baltic Sea and European suppliers having already agreed to sell material to Turkey at lower prices at the end of the week.Turkey...Read More

International Lithium Corp. ([TSXV: ILC] (OTCPK:ILHMF): CEO Kirill Klip Talks with Dr. Allen M. Alper

January 19, 2018 / www.metalsnews.com

Mr. Klip shares his views on lithium supply and demand, as well as his thoughts on the lithium sector as a whole. Mr Klip gives an update on International Lithium as well as his 5 year outlook for the company. International Lithium's primary focus is their stake in the Mariana lithium-potash brine project in Argentina, partnered with Chinese giant Ganfeng Lithium. On January 8, 2018, International...Read More

INDIA IMPORT SCRAP: Prices fall, buying activity stalls in nervous market

January 19, 2018 / www.metalbulletin.com

Prices for containerized imports of ferrous scrap into India fell this week, with negative sentiment and a drop in demand weakening the market, sources told Metal Bulletin on Friday January 19.Indian import scrap markets achieved their highest prices for more than three years a fortnight ago, but the market undid those gains after a sharp decline in buying activity in Pakistan.Metal Bulletin's ind...Read More

Benton (TSXV: BEX) Continues to Expand the Traxxin Gold Zone and Identifies New Prospective Areas at Bedivere Project

January 19, 2018 / www.investorideas.com

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Benton (TSXV: BEX) Continues to Expand the Traxxin Gold Zone and Identifies New Prospective Areas at Bedivere Project Thunder Bay, Ontario - January 19, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Benton Resources Inc. (TSXV: BEX) ("Benton" or "the C...Read More

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