https://www.reuters.com/MOSCOW (Reuters) – Rusal's (0486.HK) dollar bonds slumped to record lows, two major customers said they were reviewing their contracts, and the London Metal Exchange distanced itself from the aluminum giant on Tuesday, in the latest aftershocks from U.S. sanctions.The sanctions imposed on Rusal and its boss, metals magnate Oleg Deripaska, mark the first time a major i...Read More
Exploration is at the heart of mining. Nobody can build a mining company without exploration. The greatest mining companies in Africa today invested in top geologists and exploration projects many years ago. The geologists' brief was simple: hunt down and find the next best deposit. These geologists had flair, a spirit of adventure and a great appetite for taking risks, as had the companies that e...Read More
Teck Resources Ltd. (TSX:TECK.B)(NYS:TECK) and Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) are two of Canada's top mining companies.Let's take a look at the giants to see if one deserves to be on your buy list today.TeckTeck produces metallurgical coal, copper, and zinc. The three commodities have enjoyed nice recoveries in the past two years, and investors are wondering if this is the right time to ow...Read More
First, does California State Senator, Richard Pan, hate the United States? He is sponsoring a Bill in California that would effectively censor the internet. Not withstanding fact that this proposed legislation stands in violation of Amendments 1, 5 and 14 of the United States Constitution, if passed it would impose State-sponsored censorship of the citizens of California. Perhaps if Pan h...Read More
Fireweed Zinc (FWZ.V) has signed to agreements to acquire a total of 24,400 additional hectares at the MacMillan Pass zinc project in Canada's Yukon Territory. This more than doubles Fireweed's total project size to 469 square kilometers, and the new land claims appear to be prospective for additional SEDEX mineralization as well.The first 11,700 hectares will be acquired by making total payments...Read More
The shareholders of Red Eagle Exploration (XR.V) overwhelmingly approved (by 100%) the merger with Red Eagle Mining (R.TO). Not a surprise, as we already explained here why the merger appeared to be a good move for the Exploration company - which was controlled by Red Eagle Mining anyway.The deal should now close within the next few days, and the XR shareholders will now be part of a company that...Read More
Vanadium Pentoxide Prices. 2018 gain approx. 55%. Gain since 2017: approx. 280% Source: www.vanadiumprice.comCobalt Price Chart 2018 gain: approx. 22%Gain since 2017: approx. 250%US$88,000 per tonne = US$40/lbSource: LMELithium Carbonate Price2018 gain: flatGain since 2017: 30%Source: ZacksVanadium is used in redox flow batteries, which are superior to lithium batteries in storage capacity, discha...Read More
The Hydropothecary Corporation (TSXV:THCX), a Canadian marijuana stock, moved higher after agreeing to become the preferred supplier of cannabis products for QuebecSean Mason | April 11, 2018 | SmallCapPowerA multi-year Quebec supply agreement lifted a Canadian marijuana stock Wednesday. Here's some small stocks making big moves on Wednesday, April 11, 2018 (as of 4 pm EST):The Hydropothecary C...Read More
LGC Capital Ltd. (TSXV:LG) has a convertible loan agreement that could give it a 49% stake in Tricho-Med CorporationSmallCapPower | April 11, 2018: LGC Capital Ltd. (TSXV:LG) Monday announced that Quebec-based Tricho-Med Corporation intends to expand the scale of its operations with new land options covering more than two million square feet of gross building areas of controlled atmosphere product...Read More
Eagle Plains drilling program on their Iron Range Project near Creston, southeastern British Columbia. Click here for animated slide.Eagle Plains Resources Inc. [EPL-TSXV; OTC-EGPLF] said Wednesday April 11 it has received approval from the Court of Queen's Bench of Alberta, marking the final step in completing the spin-out of Taiga Gold Corp. [TGC-CSE]. Shareholders of record on April 12, 2018, w...Read More
Can a light railway system work successfully in a heavy, bulk commodity business such as iron ore?Tim Treadgold Economics of MinRes' BOSS not yet clear11 APRIL 201811/04/2018commentsshare In a nutshell, that's the critical question behind the proposed A$280 million (US$217 million) merger of two Australian companies which have ore in the ground that needs a cheaper transport solution.Read More
The Canadian base metals stocks on our list have suffered severe YTD price declinesSmallCapPower | April 11, 2018: Many base metals have seen significant decreases from their peaks earlier this year, with copper declining 6% YTD, and zinc and lead declining 5% and 6%, respectively. The Canadian base metals stocks on our list today have had an average YTD decline of 44%, and that trend appears to b...Read More
Madsen Project portal and ramp entrance. Source: Pure Gold Mining Inc.Pure Gold Mining Inc. [PGM-TSXV] on Wednesday April 11 said drilling continues to reinforce the current resource and expand the mineralized zones at its 100%-owned Madsen Gold Project in Red Lake, northern Ontario.Investors reacted to the news, sending Pure Gold shares up 4.5% or $0.03 to 69 cents on active volume of 908,931.Rec...Read More
OTTAWA - The Trudeau government held an emergency cabinet meeting Tuesday aimed at salvaging the Trans Mountain pipeline expansion but did not come up with plan - at least not one ministers are prepared to talk about yet.Hours earlier, Alberta Premier Rachel Notley upped the ante, saying Alberta is not only prepared to invest in the pipeline, it is prepared to take it over entirely if need be....Read More
When he's right, he's right.Yesterday, Christian DeHaemer laid out one of the best cases for why you should be tapping into the oil sector right now.It's simple, really.As my cubicle cellmate pointed out, the fundamentals are too good to ignore. It's only a matter of time before global crude demand tops 100 million barrels per day, and that psychological benchmark could come as early as 2019.If no...Read More
West Red Lake Gold Mines Inc. (CSE: RLG, FWB: HYK, OTCQB: RLGMF) is based in Toronto and focused on gold exploration and development, in the prolific Red Lake Gold District of Northwestern Ontario, Canada. The Red Lake Gold District is host to some of the richest gold deposits in the world and has produced nearly 30 million ounces of gold, from high grade zones, including 18 million ounces from th...Read More
All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada.Drill holes BA18?EUR?66, 67, 69, 71, 73, 76, 78, 79, and 80 intercepted anomalous mineralization, but are below the Company's 150 gpt AgEq cutoff. Holes BA18?EUR?68, 70, 77, and 81 intercepted grades greater than 1,000 gpt AgEq, consisting of acanthite, argentite, electrum, native silver and visible gold...Read More
Vancouver, British Columbia - April 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that an NI 43-101 Technical Report entitled "2018 Technical Report on the Oatman Gold District Properties" dated April 10, 2018 and authored by James R. Guilinger, a Qualified Person under NI 43-1...Read More
Predictive Discovery Limited (ASX: PDI) is a prospect generator, focusing principally on exploration for gold in West Africa, with one additional project for gold in Australia. The company has a distinctive technological capability, known as Predictore (R),that sets it apart from its peers. We learned from Paul Roberts, Managing Director of Predictive Discovery, that the company is currently opera...Read More
Vancouver, British Columbia - April 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Advance Gold Corp. (TSXV: AAX) ("Advance" or "the Company") is pleased to announce promising underground sampling results from its Tabasquena Silver Mine, in Ojocaliente, Mexico. Follow up drilling is now underway, with a first phase, which will be 500 metres of core drilling on two holes of 250 metres each....Read More