Burlington, Ontario - May 7, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Wabi Exploration Inc. (CSE: WAB) ("Wabi") provides a corporate and operational update on the previously announced Arrangement Agreement with Buena Vista Gold Inc. ("BVG").BVG has delivered its audited financial statements for the year ended December 31, 2017 to Wabi. Under the Arrangement Agreement Wabi can now address...Read More
Unplanned maintenance issues, particularly at the Burrup Technical Ammonium Nitrate Plant in Western Australia's Pilbara region, have hit explosives giant Orica's (ASX: ORI) first half trading performance, even as miners start to demand more explosives.Noel Dyson*07 MAY 201807/05/2018commentsshareOrica has reported a first half statutory net loss of A$229 million on 4% lower revenues of A$2.53 bil...Read More
Fundamental researchers at Colorado School of Mines have proposed a novel two-part system for separating impurities from natural gas in the Journal of Renewable and Sustainable Energy, from AIP Publishing. Natural gas primarily contains methane, but impurities in the gaseous mixture need to be removed before the methane can be put into the pipeline. The newly proposed purification system combines...Read More
About a year ago, Argentina - which has inflated away and/or defaulted on its currency every few decades for the past century - issued 100-year government bonds. And the issue was oversubscribed, with yield-crazed developed-world institutions throwing money at the prospect of a lifetime of 7% coupon payments. A contemporaneous media account of the deal:Argentina sees strong demand for surprise 100...Read More
Publisher's Note: Today, we're bringing you the transcript from Gerardo Del Real's interview with CEO, President, and Director of Chakana Copper, Mr. David Kelley.Mr. Kelley has decades of experience working with some of the biggest names in the commodities sector, such as BHP, Western Mining, and Newmont.Read on to learn about Chakana Copper's Soledad project in Peru, its unique structure, an...Read More
Via Sovereignman.comEvery year around this time I attend a small, private event to break bread with some of the most invigorating people I know.There's only about 100 people in the room– but they're all at the top of their game... business and intellectual leaders from a variety of industries.And we gather each year to build relationships with one another and hear about some cutting edge ide...Read More
Via Sovereignman.comEvery year around this time I attend a small, private event to break bread with some of the most invigorating people I know.There's only about 100 people in the room– but they're all at the top of their game... business and intellectual leaders from a variety of industries.And we gather each year to build relationships with one another and hear about some cutting edge ide...Read More
China's iron ore futures rose on Monday, the second day the contracts have been open to direct trade by foreign investors, with robust restocking demand amid resuming steel capacity helping to push prices higher."Downstream demand remains very strong at this moment as construction sites rush to work as much as they can before rainy season starts in June," said Gu Meng, analyst at Orient Futures.Th...Read More
Australia's biggest gold miner Newcrest Mining Ltd said it expects its flagship Cadia mine to return to full production rates by the end of June.The miner said it had begun depositing tailings into the Cadia Hill open pit over the weekend, after receiving approval from the New South Wales Department of Planning and Environment last month.Newcrest restarted processing at Cadia last month after halt...Read More
Meteoric Resources (ASX:MEI) announced today it has signed a binding agreement to acquire 100% ownership of the Lorrain Cobalt Project, located 9 kilometres from the town of Cobalt in Ontario, Canada.In a press release, the miner said the acquisition of this project is part of its strategy to grow its land position in the cobalt-silver belt of Ontario, an area that has produced 50 million pounds o...Read More
Gold just ended its third straight week in the red as investors rediscovered their love for a different safe-haven asset: the U.S. dollar. The yellow metal will find favor again, says Bank of America Merrill Lynch technical strategist Paul Ciana.Read full newsRead More
Gold just ended its third straight week in the red as investors rediscovered their love for a different safe-haven asset: the U.S. dollar. The yellow metal will find favor again, says Bank of America Merrill Lynch technical strategist Paul Ciana.Read full newsRead More
Qatar emerged as a major shareholder in Rosneft PJSC on Friday after a $9 billion deal to sell a stake in Russia's state-run oil producer to China's troubled CEFC Energy Co. collapsed.Qatar Investment Authority stepped in after the sellers - a consortium of QIA itself and mining giant Glencore Plc - told CEFC it wouldn't proceed with the original deal announced in October. A statement issued by Gl...Read More
Qatar emerged as a major shareholder in Rosneft PJSC on Friday after a $9 billion deal to sell a stake in Russia's state-run oil producer to China's troubled CEFC Energy Co. collapsed.Qatar Investment Authority stepped in after the sellers - a consortium of QIA itself and mining giant Glencore Plc - told CEFC it wouldn't proceed with the original deal announced in October. A statement issued by Gl...Read More
The death toll from Saturday's coal mine blast and landslides in southwest Pakistan climbed to 23 on Sunday, officials said, after ending their rescue operation.At least 16 miners died on Saturday and more than a dozen were trapped after an explosion in a mine in the Marwar coalfields in Baluchistan province, Director of Disaster Management Attaullah Khan said.A methane gas build-up inside the min...Read More
Rescue teams have confirmed the death of a second Polish coal miner and are searching for three more trapped nearly a kilometre underground after a quake, the chief executive of the mine owner said.The quake hit the Borynia-Zofiowka-Jastrzebie coal mine in southern Poland on Saturday morning, initially trapping seven miners at a depth of about 900 metres (2,950 feet). It was the mine's strongest q...Read More
State energy giant Qatar Petroleum said on Sunday that it will list 49 percent of its shares in the country's aluminium smelter plant Qatalum in a public offering.The joint venture, in which Norway's Norsk Hydro owns 50 percent, is expected to be listed on the Qatar Exchange during the last quarter of this year after the necessary approvals.The move is part of the country's plan to "increase the p...Read More
With the support of EarthRights International, the Peruvian Chaupe Family announced this week that they intend to appeal a recent decision by a federal court in Delaware that ruled that their case against Newmont Mining Corporation (NYSE:NEM) should be heard in Peru - not Delaware, where the company incorporated almost 100 years ago.In a press release, EarthRights said that the Chaupes will fight...Read More
Mine operator Sibanye-Stillwater said five of 13 miners trapped underground in a South African gold mine were rescued but one of the five had died.Read full newsRead More
Four workers trapped underground after an earth tremor at a Sibanye Gold Ltd. mine in South Africa have died, bringing the number of people killed at the company's operations this year to at least 10.Read full newsRead More