PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe company filed a miscellaneous licence application on November 22 for the road, which stretches several hundred kilometres inland to its exploration licence.The application includes ...Read More
Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsDealing with the complexity of Coal data with Geobank 2018SPONSOREDmicromineThe past two ‘From the Capital' columns have characterised slowing global growth and tightening monetary condit...Read More
KINSHASA - Democratic Republic of Congo collected $1.21 billion in revenues from its mining sector over the first nine months of 2018, an increase of 147.4 percent over the same period last year, finance ministry data showed.Revenues from the hydrocarbons sector rose 1.4 percent over that same period to $120.11 million, according to the data seen by Reuters on Wednesday.The two sectors together ac...Read More
Altamira Gold Corp. (TSXV: ALTA) reported that it has submitted an application to expand to 300,000 hectares its land position at the Firminho project, located within the Alta Floresta Belt in Mato Grosso, west-central Brazil.Such expansion would be reached by adding new claims that occupy over 70,000 hectares and lie on the northern margin of the belt close to the contact with the sediments of th...Read More
Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More
* OPEC works on deal to cut output, still needs Russia on board* Canadian supply cut lends support* Soaring U.S. output is OPEC's biggest headache* Texas oil output more than Iraq, OPEC's No.2 producer -Barclays (Adds API data)By Jessica Resnick-AultNEW YORK, Dec 4 (Reuters) - Oil prices pared gains in volatile trade on Tuesday amid fears that demand would stall due to a trade war between the Unit...Read More
* NSE index down 0.3 pct, BSE index 0.42 pct lower* Election results awaited - analyst* RBI decision on WednesdayBy Tanvi MehtaDec 4 (Reuters) - Indian shares fell on Tuesday tracking weaker sentiment across Asia, as domestic investors remained cautious ahead of election results for some states next week.The result of elections in the states of Madhya Pradesh and Mizoram, among others, are expecte...Read More
* MSCI all world index eases 0.9 percent* European share markets continue selloff* Confusion over timing of trade truce, China commitments* U.S. yield curve inversion raises recession concerns* Dollar weakens, sterling bounces (Updates with open of U.S. markets)By Laila KearneyNew York, Dec 4 (Reuters) - A key gauge of world equity markets fell on Tuesday as hopes faded for a speedy resolution to...Read More
Dec 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:** A federal judge who has been asked to sign off on the U.S. government's decision to approve CVS Health Corp's CVS.N acquisition of insurer Aetna Inc (NYSE:AET) said he was "less convinced" than the government that the companies had struck a deal that ensured the merger was...Read More
* FTSE 100 down 0.6 pct, FTSE 250 down 1.3 pct* Top EU court advisor says Brexit could revoke Article 50* Thomas Cook (NS:THOM) hits 6-year low* Gold stocks rally on higher prices* Quarterly reweighting roils some shares (Adds details, closing prices)By Helen Reid and Josephine MasonLONDON, Dec 4 (Reuters) - Concerns about growth, doubts about a U.S.-China trade truce, and a rising pound drove Bri...Read More
Investing.com - Gold prices rose to nearly a five-month high on Tuesday as a continuing decline in the dollar boosted foreign demand for the precious metal, while investors shift attention to the next Federal Reserve policy meeting.At 9:49 AM ET (14:49 GMT), gold futures for February delivery on the Comex division of the New York Mercantile Exchange gained $6.20, or 0.50%, to $1,245.50 a troy ounc...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down 0.4 pct, FTSE 250 down 0.3 pct* Top EU court advisor says Brexit could revoke Article 50* Thomas Cook (NS:THOM) sinks 15 pct to 6-year lowBy Helen ReidLONDON, Dec 4 (Reuters) - Concerns about growth, doubts about a U.S.-China trade truce, and a rising pound drove Britain's top stock index down on Tuesday.The FT...Read More
Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsDealing with the complexity of Coal data with Geobank 2018SPONSOREDmicromineSpeaking at its investor day on Monday, CEO Ivan Glasenberg said inventories for a lot of metals were at or near reco...Read More
New entity Wealth Copper would up the stakes for shareholders on "the global energy consumption paradigm shift" to capitalise on a forecast positive global copper market outlook, CEO Henk Van Al...Read More
Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsDealing with the complexity of Coal data with Geobank 2018SPONSOREDmicromine"While we remain modestly positive on commodities, differentiation is essential, and three macro downside risks stand...Read More
According to a statement by Vancouver-based Mason on Tuesday, both proxy advisory firms cited the strong strategic rationale for the arrangement, the significant premium, certainty of value from the cash consideration, and favourable market reaction as factors supporting their positive recommendations.Mason (TSX:MNR) shareholders will vote on the deal during a special meeting scheduled for De...Read More
Yellowhead owns the Harper Creek copper-gold-silver project in British Columbia, where the company already operates the Gibraltar mine.CEO Russell Hallbauer said Yellowhead was being acquired at a cost of "half a penny per pound of copper" in the reserve base. The project holds proven and probable reserves of 3.6 billion pounds of recoverable copper, accompanied by 370,000 ounces gold and 15.6Moz...Read More
BRITISH COLUMBIA - Vancouver's Taseko Mining has made an all-share offer for Yellowhead Mining of Calgary that values the smaller company at $15.1 million. Taseko proposes to acquire all the issued and outstanding Yellowhead shares by issuing approximately 1.15 Taseko shares for each share of Yellowhead.Yellowhead is the owner of the Harper Creek copper-gold-silver project about 90 km from Kamloop...Read More
WOLFSBURG - Volkswagen's strategy chief said on Tuesday the German carmaker's core brand will develop its final generation of vehicles using combustion engine technology in 2026.Volkswagen made a strategy shift toward battery-driven vehicles in the wake of a damaging diesel-emissions cheating scandal in 2015, which forced the carmaker to pay more than 27 billion euros in fines for hiding excessive...Read More
BELGRADE - Serbia's mining industry could expand to 5 percent of national output by 2023 if foreign investors keep commitments to plough millions of dollars into copper and lithium production, its mining minister said.The sector currently accounts for 1 percent of Serbia's gross domestic product. But since 2000, when a decade of isolation of the former Yugoslavia ended, more than 40 foreign compan...Read More