ST. JOHN'S, N.L. - Newfoundland and Labrador's premier says confusion and uncertainty over federal efforts to protect marine areas have stranded crucial offshore oil investment.Dwight Ball says future decisions should be timely and based on good science - not pressure from what he called special interest groups.He made the comments to the National Advisory Panel on Marine Protected Area Standards....Read More
VANCOUVER - Shares in Nevsun Resources Ltd. gained more than 15 per cent in late-morning trading after it rejected an unsolicited $1.5-billion takeover offer by Euro Sun Mining Inc. that included Lundin Mining Corp.Nevsun said the offer failed to reflect the strategic value of its asset base and presented a problematic structure that could further undermine value to its shareholders.Shares in the...Read More
Telson Mining Corporation (TSXV: TSN) is a Canadian-based junior resource mining company, currently in pre-production at two Mexican gold, silver and base metal mining projects, and is advancing both towards commercial production, over the coming months of 2018. According to Ralph Shearing, President of Telson, the company is a new multi-mine producer in Mexico, delivering and selling metal concen...Read More
The good wife is in Las Vegas for work this week, leaving me home to be the bachelor. I've never much liked Vegas. It is shallow, rude, and noisy. It is a system set up to rob the stupid.And according to the latest numbers, it has undergone a tourist slump. For the first time in nine years, the numbers are down over last year.It seems that Las Vegas isn't what it used to be. When I first showed up...Read More
TORONTO - Royal Dutch Shell is selling its stake in Canadian Natural Resources Ltd. for about $4.3 billion.The sale of more than 97 million shares represents Shell's entire interest in Canadian Natural, a roughly eight per cent stake in the company.Shell said in a statement Monday night that proceeds from the sale will contribute to reducing net debt.The sale, which is being underwritten by Gold...Read More
Mayo Lake Minerals (MLM) is a private Ontario-based company that owns a 100 per cent interest in five claim blocks, presently consisting of 1,117 claims, in the Mayo Mining District of the Yukon. These claim groups all lie within the Tombstone Plutonic Belt of the Tintina Gold Belt (TGB). We learned from Tyrell Sutherland, VP of Exploration for Mayo Lake Minerals, that these are all brand new prop...Read More
May 8, 2018 (Investorideas.com Newswire) On the heels of its newly released prefeasibility report, a Canadian mining company gets the green light on fast production on its fully permitted and built Arizona gold mine where the company continues to make high-grade discoveries on its large land package.Kerr's Copperstone projectArizona ranks second in the U.S. for mineral production, with copper topp...Read More
SASKATOON - Nutrien Ltd. says a tough winter that slowed potash shipments to Canadian ports and a late spring start to planting season in Canada and the U.S. are responsible for a first-quarter net loss of $1 million.The company formed at the start of the year out of the merger of Potash Corp. and Agrium Inc. earned 16 cents per share in the three months ended March 31, missing analyst expect...Read More
Vancouver, British Columbia - May 8, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Pan Global Resources Inc. (TSXV: PGZ) ("Pan Global" or the "Company") The company is pleased to provide an update on exploration in the ??guilas Project in Andalucia, Spain. A new structure has been discovered with copper mineralisation and associated cobalt and silver identified over 1.8 km of strike so-far, a...Read More
The Double StandardWhen Volkswagen executives found out U.S. regulations would kill one of their diesel models, they pulled some tricks. They fooled U.S. regulators by installing software which misrepresented the emissions released.But the U.S. found out, and arrested the top executives involved.One of them, a German citizen, was sentenced to 7 years in prison late 2017 for his role in the scan...Read More
Waiting for Permanent Backwardation The price of gold dropped 9 bucks, while that of silver rose 3 cents. Readers often ask us if permanent backwardation (when gold withdraws its bid on the dollar) is still coming. We say it is certain (unless we can avert it by offering interest on gold at large scale). They ask is it imminent, and we think this is with a mixture of fear and longing for a highe...Read More
May 8, 2018 (Investorideas.com Newswire) A company exploring a copper-gold project in Argentina reported high-grade results.If the old saying, "We're number 2, we try harder," rings true, that must mean that Centenera Mining Corp. (CT:TSX.V; CTMIF:OTCQX) is trying hardest of all because one of its drill holes returned the third best copper intersection reported in the first quarter of this year.Th...Read More
May 8, 2018 (Investorideas.com Newswire) Ron Struthers of Struthers Resource Stock Report profiles a microcap company with a prospective cobalt property in BC's Golden Triangle.A key element in lithium-ion batteries (LIBs) is cobalt. I have focused a lot on graphite and lithium, but cobalt is unique in its own regard and probably has more bullish factors than graphite, lithium and nickel. There ar...Read More
May 8, 2018 (Investorideas.com Newswire) The person who led GT Gold's discovery of the high-grade precious metals zone in British Columbia's Golden Triangle has joined the board of an explorer with three prospective projects in British Columbia.Shamrock's Stellar Project MapShamrock Enterprises Inc. (SRS:CSE) recently announced the appointment of Charles J. Greig, P.Geo, to its Board of Directors....Read More
Vancouver, British Columbia - May 8, 2018 (Newsfile Corp.) (Investorideas.com Newswire) TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce assay results from the remaining 11 holes drilled at the Yellowknife City Gold project this winter. Four of these holes (1,170 m) were drilled on the high-grade Crestaurum gold bearing structure to test whether gold mineralizat...Read More
May 8, 2018 (Investorideas.com Newswire) Rick Mills, founder of Ahead of the Herd, discusses the Golden Triangle region of northwest BC and some junior companies gearing up to explore new and existing targets.Golden Triangle Infrastructure Improvements, Courtesy Visual CapitalistGeologyAbout 150 million years ago during the Jurassic geological period, an uplift of Jurassic and older rocks cut acro...Read More
Toronto, Ontario - May 8, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Metals Creek Resources Corp. (TSXV: MEK) (the "company") is pleased to announce that results have been received from the first four of a nine hole, 2382m (meters) (see MEK news release February 14, 2018) diamond drill program designed to further test multiple targets on the Ogden Gold Project.These initial 4 holes were ta...Read More
Will Fleckenstein, director of strategic relationships and enterprises for the College of Earth Resource Sciences and Engineering, has been named the 2018 Colorado School of Mines Inventor of the Year. Fleckenstein, a non-tenure-track faculty member in the Petroleum Engineering Department since 2000, received the recognition at the Design & Innovation Awards ceremony April 26. "Will puts a...Read More
Colorado School of Mines was ranked second in the nation on Money's list of public four-year colleges and universities with the highest return on tuition investment 20 years after graduation.According to Money, Mines graduates saw a $949,000 return on investment with financial aid and a $909,000 return on investment without aid. Mines was second only to SUNY Maritime College on the list, which did...Read More
Paul Morgan, senior geothermal geologist at the Colorado Geological Survey, was recently interviewed by Motherboard, a Vice Media website focused on tech and science news, about the Heat Flow and Physical Properties Package (HP3) that was aboard the Mars InSight launch May 5. Upon landing on the Martian surface in late November, HP3's job will be to take the planet's temperature, revealing just h...Read More