A Mongolian former finance minister, Bayartsogt Sangajav, has been arrested as part of an investigation into suspected abuse of power during investment talks for the giant Oyu Tolgoi copper mine in 2009, the anti-corruption agency said on Monday.Mongolia's Independent Authority Against Corruption told a media briefing that Bayartsogt was detained on Sunday.The Swiss Office of the Attorney General...Read More
VANCOUVER, British Columbia, March22, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling continues to expand gold mineralization within the newly discovered Wedge Target,... | mars 22,2018Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. During last week's holiday-shortened trading which also ended a challenging month of March, the Index gained 0.47 points to close at 1251.10.Support is at 1226 and 1235-1238. Resistance is at 1267 and 1282.RSI rose 3.5 points or 9% to 42.5, while MACD fell another 3 points to -5.The INK C...Read More
Probe Metals (PRB.V) released an updated resource estimate on its Val D'Or East project in Qu?(C)bec. The updated resource now contains 536,000 ounces of gold at 2.16 g/t gold in the indicated category as well as almost 250,000 ounces at 1.46 g/t in the inferred resource category, whilst it also outlined approximately 620,000 ounces (1/4 indicated, 3/4 inferred) in an underground resource estim...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.Anthony Milewski: At Cobalt 27 Capital, we base the valuation of our business in part on the benchmark prices for the metal produced by Metal Bulletin. Whether you're a shareholder in Cobalt 27, or someone who's just interested in thi...Read More
Dollarama Inc.'s (TSX:DOL) fourth quarter and fiscal 2018 results beat consensus; company raises dividend and plans stock splitSmallCapPower | April 2, 2018: Dollarama Inc. (TSX:DOL) Thursday reported strong fourth quarter and full year fiscal 2018 results. Profit for the fourth quarter ended January 28, 2018, increased 11.5% to $162.8 million, or $1.45 per diluted share, above the consensus estim...Read More
Nicola Mining's mill facility, located adjacent to the New Craigmont Project, custom mills ore for gold producers. Source: Nicola Mining Inc.Nicola Mining Inc. [NIM-TSXV] on Monday April 2 released a summary of results from winter drilling at its company's 100%-owned New Craigmont Project near Merritt in southern British Columbia's Thompson-Nicola Region. Highlights included Hole NC-2018-03, whi...Read More
HudBay's Constancia polymetallic mine 100 km south of Cusco, Peru. Source: HudBay Minerals Inc.HudBay Minerals Inc. [HBM-TSX, NYSE] on Monday April 2 filed an updated NI 43-101 technical report for its 100%-owned Constancia Mine in Peru. The 2018 technical report includes updates to the mineral reserves and resources and mine plan, including anticipated throughput recoveries and capital and oper...Read More
It's the greatest drug in the world.Nothing makes me feel as good as this stuff.And I pay top dollar to get my fix, too.I even go directly to the source - through a dealer, of course.And my dealer is connected all across the globe.He meets with producers in Colombia and Mexico.He helps small Ethiopian operations get off the ground, and does it in plain view of law enforcement.Hell, even the local...Read More
Vancouver, British Columbia - April 2, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to provide the results of their latest drill hole, as well as a summary of results on its 2017-2018 Winter Drilling Program (the "Program"). The Program focused on extending and defining boundaries on the Craigmont West Zone, previously ref...Read More
We hear so much about gun murders that it might surprise you to find out that London’s murder rate has just surpassed New York City’s so far in 2018.But don’t worry, their gun murder rate is still much lower. People are just getting stabbed to death.That’s one way to solve the gun crime problem. Great Britain has some of the toughest gun laws. Citizens are virtually banned...Read More
A Golden start-up company working to bring to market patented technology developed by Colorado School of Mines researchers for the quick and accurate testing of bacterial infections recently received $275,000 in angel funding.Traxion, a Golden-based venture catalyst whose strategic partners include the City of Golden and Mines, announced the successful completion of a $275,000 follow-on round of a...Read More
Vancouver-based Inomin Mines (TSX.V: MINE) announced today that, subject to TSXV acceptance, it will be acquiring a 100% interest in the Fleetwood zinc-copper-silver-gold property for $10,000 and 200,000 shares to CanAlaska Uranium (TSX.V: CVV).In a press release, the company explained that the 420-hectare property, located in the New Westminster Mining Division of southwestern British Columbia, h...Read More
Lithoquest Diamonds (TSX-V: LDI) could not be happier for having just recovered one grey and two yellow micro-diamonds from the +0.1 mm to -0.3 mm size fraction at its North Kimberley Diamond Project, located in the northern region of Western Australia.The gems were unearthed at target 0702 in the 1,000-square-kilometre property and recovered from a 10.06-kilogram rock sample submitted for kimberl...Read More
Despite the fact that, through the enactment of new laws and regulations, local governments in Sub-Saharan Africa are starting to claim a larger share of their countries' mineral resource wealth, BMI Research believes that investments in the region will continue to rise in Q3-2018.In an industry overview published today, BMI presents the recent changes to the Democratic Republic of Congo's mining...Read More
The Chief Executive Officer of Chilean state copper company Codelco, Nelson Pizarro, confirmed rumours this weekend that he would stay on at the company's helm even after the country's new President, Sebastian Pi??era, appoints a new chairman and three directors in May.The mining veteran, who took the post in 2014, has played a critical role in the drive to reduce spending and force a reduction in...Read More
Chile is pushing power companies to phase out coal plants following a government announcement earlier this year that the country wouldn't build coal-fired power plants unless they were equipped with carbon capture and storage (CCS).The decision, part of a wider national plan to transition to cleaner energy sources, has already claimed some victims, with French power company Engie SA announcing la...Read More
Obsidian Energy Ltd. (TSX:OBE), an oil and gas stock, moved higher after announcing that it is exploring the sale of its Alberta Viking and Peace River assetsSean Mason | April 2, 2018 | SmallCapPowerPossible asset sales pumped up a Canadian oil and gas stock Monday. Here's some small stocks making big moves on Monday, April 2, 2018 (as of 4 pm EST):Obsidian Energy Ltd. (TSX:OBE), an oil and g...Read More
The Canadian tech stocks on our list have industry-low EV/EBITDA multiplesSmallCapPower | April 2, 2018: U.S. tech stocks have dropped 6% over the past month, driven primarily by the Cambridge Analytica controversy and self-driving car crashes. Currently, the Dow Jones U.S. Technology Index is down 1% since the start of the year, while the S&P/TSX Capped Information Technology Index is up 8% o...Read More
Oil price shows signs of recovery yet many Canadian oil and gas stocks continue to be weakThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?The Ubika Energy 20 Index declined 7.8% since our last report dated January 29, 2018, underperforming its benchmarks, WTI oil and the TSX/S&P Energy Index, which decreased 0.9% and 7.6%, respectively, over the same period. Notab...Read More