LONDON, May 18 (Reuters) - Sibanye-Stillwater is confident its planned purchase of Lonmin will go ahead, but the struggling platinum producer must slow its cash burn, the South African firm's chief executive said.Sibanye's 285 million pound ($386 million) all-share bid to create the world's second largest platinum miner faces hurdles including Lonmin's weak cash position, competition authority app...Read More
Dr. Morgan Poliquin reportsALMADEX MINERALS LTD. AND AZUCAR MINERALS LTD. ANNOUNCE CLOSING OF ARRANGEMENTAlmadex Minerals Ltd. has closed the previously announced statutory plan of arrangement under Section 288 of the Business Corporations Act (British Columbia) to spin out Old Almadex's early-stage exploration projects, royalty interests and certain other assets, into Almadex Minerals Ltd., effe...Read More
Canada-listed junior miner Thor Explorations (TSX-V: THX) published Friday first results from metallurgical test work at its Segilola project in Nigeria, poised to become the country's first large-scale gold mine.The testing is part of the definitive feasibility study (DFS) for the project, located about 200km from the capital Lagos, and which is expected to come online in early 2020.The project,...Read More
VANCOUVER - Production is primed to ramp up at the Marigold Mine near Valmy, SSR Mining Inc. reported in its financial and operation results released May 10.Read full newsRead More
(Bloomberg Opinion) - The world doesn't like its essential commodities being controlled by a small group of producers.When Arab members of Opec resolved to cut their oil exports in response to U.S. involvement in the 1973 Arab-Israeli war, the situation was rightly deemed a global crisis.Less than a year after BHP Billiton Ltd. announced plans to merge its iron ore operations with those of Rio...Read More
Chromium and cyanide had been improperly handled and seeped into rivers used for drinking water in Kratie and Mondulkiri.Read full newsRead More
Gold has not performed especially well as of late, especially when compared to other assets such as the S&P 500. One of the reasons for this is the strong dollar and the rising interest rate policy being embarked on by the Federal Reserve. There are several demand-side pressures on gold right now that should cause the price to move upward. It's possible that all of the major gold deposits worl...Read More
Argonaut Gold Inc:Read full newsRead More
Glencore's (LON:GLEN) copper operations in the Democratic Republic of Congo will soon be the target of British regulators, which are planning to open a formal bribery investigation into the company and its deals Dan Gertler, an Israeli mining tycoon implicated in the payment of bribes to the country's leader Joseph Kabila.An investigation by Britain's Serious Fraud Office (SFO) "would represent a...Read More
"Bullish #nickel news continues apace: SHFE nickel price hits highest since June 2015 and INSG reports a 15.7kt supply deficit in March alone. https://t.co/I3kbjK32PG"Read full newsRead More
Despite a slow start to the year, silver prices look set to rise later in 2018. The silver mining sector has taken a bit of a beating of late, thanks in large part to global political uncertainty and a volatile U.S. dollar. So, now might be a good time to jump on the undervalued silver train. Below, you'll find five attractive stocks that might well make a solid investment before silver kicks back...Read More
SHOWING Honey Badger's Thunder Bay Silver Project, northwest Ontario. Source: Honey Badger Exploration Ltd.Honey Badger Exploration Ltd. [TUF-TSXV; HBEIF-OTC] shares jumped 24% on Friday May 18 after the company said it had closed the first tranche of a previously announced non-brokered private placement, generating gross proceeds of $1.6 million. The shares were up $0.025 to 13 cents on active vo...Read More
I’m back! But in my case, I don’t just have “only one thing to say”… Actually, I have many, many, many things to say and share with everyone…All in due time.Unfortunately, due to unresolved matters and current circumstances (that are ongoing still), out of respect for other people who are traversing through the same shitstorm as myself presently (yes, I’...Read More
Anthony Milewski, Chairman and CEO of Cobalt 27 Capital, at the company's cobalt warehouse in Rotterdam, the Netherlands. Photo courtesy Cobalt 27 Capital Corp.Analysts at Citi Research are optimistic on the outlook for cobalt.In a commodities outlook report dated May 14, 2018, Citi Research said Cobalt prices are set to rise by a further 20% over the next two years on the back of a sustained defi...Read More
They are demanding, they will transform the bottom lines of mining companies in future, and they should be central to the business planning of every company in the sector. They are not investors, nor metal consumers. They are Millennials, and this week's Future of Mining Sydney conference heard they will need special attention from miners in the years ahead.Richard RobertsAre miners paying attenti...Read More
Are you ready to pay $4 or $5 for a gallon of gasoline this summer?You'd better be.Because the price at the pump is set to shatter records this year.It's a perfect situation for the oil industry...Most people are completely distracted by politics, social concerns, and all kinds of other bullshit. Meanwhile, OPEC, Russia, and other major oil-producing countries have successfully colluded to increas...Read More
Vancouver, British Columbia - May 18, 2018 (Newsfile Corp.) (Investorideas.com Newswire) EMX Royalty Corporation (TSXV: EMX) (NYSE American: EMX) ("EMX") is pleased to announce its acquisition of 2,020,202 common shares of Boreal Energy Metals Corp. ("BEMC"), representing an additional 4% equity stake in BEMC, and bringing EMX's aggregate interest to 9.9% of BEMC's issued and outstanding shares. E...Read More
Vancouver, British Columbia - May 18, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F4) (the "Company" or "Sixty North Gold") is pleased to announce that it has expanded its land package in the Yellowknife Gold Belt by 25.8 %, with an additional 127.75 hectares (315.68 acres). The added mineral claim (NDM3) abuts the existing property on the sou...Read More
People routinely "vote with their feet," meaning that they choose to relocate to a better environment when the opportunity arises. This could be as simple as moving closer to a job to shorten the commute or it could mean obtaining citizenship in another country that offers more personal and economic freedoms. The search for a better life is the main driver of immigration across the world. Have yo...Read More
May 18, 2018 (Investorideas.com Newswire) Vince Sorace, the president and CEO of Kutcho Copper Corp., tells Resource Stock Digest about the company's plan of attack for the 2018 field program, which he believes will generate substantial news flow over the coming months.Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me is president and CEO of Kutcho Copper Corp. (KC...Read More