May 18, 2018 (Investorideas.com Newswire) Canada-based zinc mining company expands drilling program at U.S. site.Pasinex Resources Ltd. (PSE:CNX) has announced that it has signed a drilling contract with Idea Drilling LLC of Minnesota. The contract is for drilling at least four holes of up to 3,000 feet of oriented diamond core at the Gunman high-grade zinc project in Nevada. It is expected that t...Read More
May 18, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold profiles a company that holds a large land position in the "most unexplored gold belt in British Columbia."As I just wrote yesterday, I see a low in the metals and junior resource shares approaching. It's time to load up the truck. The metals have meandered up and down for almost two years building a base. I believe it is for a mar...Read More
Leading international seller of metal detectors and communications devices, Codan (ASX: CDA), says a A$9.5 million deal to supply the massive BHP-owned Olympic Dam copper-uranium-gold mine with an underground fleet management system validates the competitive standing of its product in the market.Staff reporterASX-listed Codan is seeing stronger payback on its investment in mining technology18 MAY...Read More
I love rock and roll...I live and breathe it, and have for pretty much my whole life.My first "big" concert was Jimmy Page and Robert Plant. My dad got tickets and I distinctly remember it like it was yesterday. It was at USAir Arena in 1995 - this will either make me seem young or old, depending on the reader - when I was 12.As soon as the first notes of The Wanton Song hit, I was floored. They...Read More
I didn't grow up in Atlantic City proper, but I could see it from my house across the bay.When I was a kid, we'd go down to the dock and watch the fireworks shoot over the city and the surrounding islands on July 4th.You see, for decades my father has worked in the construction business there, building casinos, parking garages, convention centers, and more. He even worked on Trump properties, like...Read More
Gold has fallen more than 5% from its April high.But Capital Economics says the rout is over. Follow gold in real time here. After slumping...Read full newsRead More
Kazakhstan plans to sell at least 25% of the world's largest uranium miner this year, the centerpiece of an effort to open up the economy of the former Soviet republic sandwiched between China and Russia.Read full newsRead More
Kazakhstan plans to sell at least 25% of the world's largest uranium miner this year, the centerpiece of an effort to open up the economy of the former Soviet republic sandwiched between China and Russia.Read full newsRead More
The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced March 19, 2018.Flow-through (FT) sharesNumber of FT shares: 4,223,571 flow-through shares Purchase price: 70 cents per flow-through share Non-flow-through (NFT) sharesNumber of NFT shares: 9,176,940 non-flow-through shares Purchase price: 60 cents per non-flow-through share...Read More
CloseGain/LossGold $1291.00+$0.60Silver$16.44+$0.07XAU81.84-0.12%HUI177.47-0.17%GDM620.47-0.22%JSE Gold1013.99-2.72USD93.48+0.08Euro117.96-0.08Yen90.44-0.39Oil$71.49UNCH10-Year3.110%+0.013T-Bond140.375-0.5625Dow24713.98-0.22%Nasdaq7382.47-0.21%S&P2720.13-0.09% The Metals: Gold saw slight gains in Asia before it dropped back to $1285.40 in London and then rebounded in New York, but it ended...Read More
'Are we not looking for it? Are we bad at finding it? Or have we found it all? My answer is we found it all'Read full newsRead More
Filings show that top-tier hedge fund managers Ray Dalio and John Paulson stayed true to the yellow metal in Q1.Read full newsRead More
'Are we not looking for it? Are we bad at finding it? Or have we found it all? My answer is we found it all'Read full newsRead More
'Are we not looking for it? Are we bad at finding it? Or have we found it all? My answer is we found it all'Read full newsRead More
The 2018 International Mining Investment Conference, sponsored by Cambridge House International, is about to wrap up. Attendees were treated to the usual line-up of guest speaker presentations. Some of these presentations were more generally market-oriented, while others were specifically investment...Read full newsRead More
"I'm privy to the information that the EU is going to shift from dollar to euro to pay for crude from Iran," said the diplomatic source.Read full newsRead More
NAIROBI, May 17 (Reuters) - Tanzanian gemstone miner Tanzanite One has agreed to pay compensation and overdue taxes to the government after unspecified violations led to losses in public revenues, the president's office said.President John Magufuli's government accuses mining firms of cheating Tanzania out of its fair share of mineral wealth through tax dodging and smuggling, allegations they deny...Read More
Two weeks after Saudi Arabia said it was targeting $80/bbl oil, this morning Riyadh got its wishes early when Brent oil hit the Saudi target, jumping as much as 1% to $80.18.Read full newsRead More
(Bloomberg) - Paul Obambi, a billionaire investor in the Congo Republic, is in talks with French lenders to fund a railway he's building to export iron ore.Obambi's company SAPRO SA is negotiating with "a consortium of banks" to finance the 450-kilometer (280-mile) track that will link the southwestern town of Mayoko to a port at Pointe Noire, he said in a phone interview from Paris on Tuesday. C...Read More
Mr. Eric Fier reportsSILVERCREST CLOSES $17,250,345 BOUGHT DEAL FINANCING, OVER-ALLOTMENT OPTION EXERCISED IN FULLSilvercrest Metals Inc. has completed its prospectus offering announced on April 26, 2018, whereby the company issued a total of 8,214,450 common shares at a price of $2.10 per common share for gross proceeds of $17,250,345, including exercise of the overallotment option in full. The o...Read More