Surge Exploration Inc. (TSXV: SUR) (OTC: SURJF) today announced that it has entered into a purchase and sale agreement with Venture Capital IQ to acquire a 100% interest in nine mineral claims comprising 197 square kilometres in the Omineca Mining Division in north central British Columbia.The company stated that the region is host to numerous operating mines, good infrastructure including experie...Read More
SANTIAGO - BHP's Spence copper mine was operating normally again following a union strike announced earlier on Wednesday, the company said.Union President Ronald Salcedo told Reuters early on Wednesday that about 50 workers had been laid off, in addition to eight supervisors, raising safety concerns for the mine's remaining workers and prompting the walk-off. BHP said the layoffs were the result...Read More
* Plant shut in May after 13 people killed in protests* Vedanta not given notice, opportunity to explain its position* National Green Tribunal to give verdict on Dec. 7NEW DELHI - An Indian court-appointed panel said on Wednesday that there were insufficient grounds to permanently close Vedanta Ltd's copper smelter and a government decision to shut it amounted to administrative overreach.Police fi...Read More
Despite an increased appetite in copper assets, the rate of new discoveries continues to be low, especially in Chile, the biggest producing country in the world and where the bulk of exploration is in the hands of major miners.But that is about to change, as the country's Mining Ministry is set to sign the first of many contracts next month that allows major companies to lease to juniors all or pa...Read More
Emgold Mining (TSXV: EMR) just signed an agreement to sell its 100%-owned Troilus North property to Troilus Gold (TSE: TLG) for 3,750,000 Troilus Gold common shares and C$250,000 in cash.The sale is expected to be finalized the first week of December and upon its completion, Emgold will keep approximately 7.1% of Troilus Gold's issued and outstanding share capital."Emgold is very excited to have b...Read More
M2 Cobalt (TSXV: MC) has announced it is moving forward with the development of its Bujagali mine is south-central Uganda.In a media statement, the Vancouver-based junior said it commenced drilling at its Bombo and Bombo NW targets. The campaign is expected to comprise at least 1,000 metres of diamond core drilling and is designed to test a number of targets across a broad area in what is now beli...Read More
The Spence copper mine was operating normally again following the union strike announced on Wednesday, the company said.On Monday, unionized workers at BHP's Spence copper mine in Chile downed tools over layoffs, halting operations at the mine until today.The move followed the dismissal of 49 workers and eight supervisors, union president Ronald Salcedo told local radio B?-o B?-o, which made the r...Read More
* Saudi Arabia expected to push for OPEC supply cut* Sino-U.S. trade war to dominate G20 gathering* U.S. crude oil stocks rose 3.5 mln bbls last week -API (Adds API data)By Stephanie KellyNEW YORK, Nov 27 (Reuters) - Oil prices dipped on Tuesday, weighed down by uncertainty over the U.S.-China trade war and signs of increased global crude production, but losses were limited by expectations that cr...Read More
* NSE index up 0.54 pct, BSE 0.45 pct higher* F&O expiry on ThursdayNov 27 (Reuters) - Indian shares ended higher for a second consecutive session on Tuesday, mirroring the previous session's move of a surge in the last two hours, ahead of the expiry of futures and options contracts later this week.The benchmark BSE index .BSESN closed up 0.45 percent at 35,513.14.The broader NSE index .NSEI e...Read More
(New throughout, updates prices, market activity and comments)* Dollar rises to nearly two-week high* Silver, platinum fall to lowest in nearly two weeks* GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXlBy Swati VermaNov 27 (Reuters) - Gold fell on Tuesday to its lowest in more than a week, as the dollar rallied after comments from U.S. Federal Reserve Vice Chair Richard Clarida bolstered expe...Read More
* Dow, S&P end up with Nasdaq flat* United Tech decline weighs on Dow* Materials weak; defensives outperformNov 27 - Welcome to the home for real-time coverage of U.S. equity markets brought to you by Reuters stocks reporters and anchored today by Chuck Mikolajczak. Reach him on Messenger to share your thoughts on market moves: charles.mikolajczak.thomsonreuters.com@reuters.netDOW, S&P CLO...Read More
* Dow, S&P up with Nasdaq flat as Apple pares losses* United Tech decline weighs on Dow* Materials weak; defensives outperformNov 27 - Welcome to the home for real-time coverage of U.S. equity markets brought to you by Reuters stocks reporters and anchored today by Chuck Mikolajczak. Reach him on Messenger to share your thoughts on market moves: charles.mikolajczak.thomsonreuters.com@reuters.n...Read More
* Indexes marginally higher; Apple pares losses* United Tech decline weighs on Dow* Materials, industrials weak; defensives outperformNov 27 - Welcome to the home for real-time coverage of U.S. equity markets brought to you by Reuters stocks reporters and anchored today by Chuck Mikolajczak. Reach him on Messenger to share your thoughts on market moves: charles.mikolajczak.thomsonreuters.com@reute...Read More
* Car makers lead losers* STOXX retreats from one-week high, down 0.2 pct* Thomas Cook (NS:THOM) tanks after another profit warning (Adds quotes, context)By Danilo Masoni and Julien PonthusMILAN, Nov 27 (Reuters) - European shares fell on Tuesday after a new threat by Washington to impose more tariffs on Chinese products and fears the trade war could spread to Europe after a report in Germany of p...Read More
MILAN, Nov 27 (Reuters) - European shares fell in morning deals on Tuesday as the focus turned to possible developments in the Sino-U.S. trade dispute after a fresh threat from Washington to impose tariffs on more Chinese imports, while Thomas Cook (NS:THOM) tanked on a profit warning.The pan-European STOXX 600 .STOXX benchmark was down 0.3 percent by 0822 GMT, pulling back from the one-week high...Read More
(Updates with company news and futures)Nov 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 9 points lower at 7,027 points on Tuesday, according to financial bookmakers, with FTSE 100 futures FFIc1 roughly flat ahead of the market open.* OIL: Oil slipped on Tuesday, pulled down by record Saudi Arabian production even as OPEC's top producer pushes for supply cuts ahead of the group's m...Read More
Nov 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 9 points lower at 7,027 points on Tuesday, according to financial bookmakers.* OIL: Oil markets were trading cautiously on Tuesday, with mixed signals from top exporter Saudi Arabia ahead of an OPEC meeting in Austria next week. International Brent crude oil futures LCOc1 were down 0.3 percent at $60.30 per barrel as at 0530 GMT. GO...Read More
The following interview of Brett Heath, CEO of Metalla Royalty & Streaming, took place by phone & email over the past 10 days. Brett and his expert team have achieved quite a lot over the past year. In this interview I asked Brett for an update as I am especially interested in Metalla's latest transaction, (a 2% NSR) on the Santa Gertrudis Royalty.Please describe the importance of your...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedImperial filed a lawsuit in the British Columbia Supreme Court in 2016 alleging negligence and breach of contract by both engineering firms Knight Piesold and AMEC, which is now Amec Foster Wheeler, following the August 4, 2014 failure.The company said the lawsuit was settled among all parties, resulting in net payments due to the...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftMahenge 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 mineralsIt is, or is almost, that time of year again where we are all required to pretend we like each other. ...Read More