Larry Johnson, chief executive of Kazera Global (LON:KZG) caught up with Proactive's Andrew Scott to discuss 'encouraging' recent drilling results from boreholes at Lepidolite and Homestead.Johnson also talks through the significance of the permit they've received to draw water from the Orange River for the mine.He says the water clearance is a significant step forward for operator Aftan and a maj...Read More
To understand how enzymes work,scientists need to make molecules involved in enzymatic activities visible through techniques such as fluorescence microscopy.However, many times molecules cannot be detected because they don't emit light. Gold can be the solution to such problem. A researcher with the Leiden Institute of Physics decided to tackle the issue by attaching single molecules to gold nanor...Read More
Maurice Jackson:Welcome to "Proven & Probable", where we focus on metals, mining and more. I'm your host, Maurice Jackson. Joining us for a conversation is Mickey Fulp, the Mercenary Geologist, to discuss trade wars and how you may benefit. Mr. Fulp, welcome to the show, sir.Mickey Fulp: Thanks a lot, Maurice. Always my pleasure to be here.Maurice Jackson.: Always a pleasure to have you on...Read More
MONTREAL, March 28, 2018 (GLOBE NEWSWIRE) - Niobay Metals Inc. ("Niobay" or the "Company") (TSX-V:NBY) is pleased to report that it has closed its previously announced non-brokered private placement with Osisko Gold Royalties Ltd ("Osisko") (TSX:OR) (NYSE:OR) raising $2,340,000 (the "Financing").Osisko purchased 9.0 million common shares of the Company (the "Shares") at a price of $0.26 per share...Read More
TORONTO, March 29 (Reuters) - Canada's Eldorado Gold Corp filed a new technical report for its contentious Skouries gold mine project in Greece on Thursday, which said it "significantly" reduces the development's environmental footprint.The miner, which also filed updated reports for projects in Turkey and Canada, took a tough stand with Greece in November, freezing investment and suspending opera...Read More
John Deane, chief executive of Chesnara Plc (LON:CSN), discusses with Proactive's Andrew Scott the life and pensions company's 2017 results.Full year profits more than doubled on the back of its acquisition of Legal and General's Dutch insurance unit.Deane says: ''We're really pleased with those numbers but it's not the key metric we look at''.''We look at economic value which represents the value...Read More
Polarean Imaging PLC (LON:POLX) chief executive Richard Hullihen dropped into the Proactive studio as the medtech firm kicked off its first day of trading on AIM.The company raised gross proceeds of ?3mln via the placing of 20mln ordinary shares at a price of 15p - representing 27.3% of the company's share capital.Hullihen says the point of coming to the market was specifically to raise the cash...Read More
Saudi Arabia wants to pour $200 billion into solar to build the world's largest solar project.The Saudi sovereign wealth fund and SoftBank Group Corp. of Japan jointly announced plans to build a solar project that is staggering in size - 200 gigawatts (GW) by 2030. That would be about 100 times larger than some of the largest projects in the world right now. "It's by far the biggest solar project...Read More
Building on the strong heritage of the M Series Motor Graders, the new Cat (R) 24 Motor Grader delivers high performance construction and maintenance of mine roads to improve mining truck efficiency. The 24 Motor Grader is equipped with a 7.3-m (24-ft) wide moldboard and is application matched for medium to large mines running trucks over 180 tonnes (200 tons) payload. An innovative, modular desig...Read More
A Canadian data company specializing in artificial intelligence is working to enhance the transactional performance of private blockchains.Datametrex AI Limited has filed two patents through its joint venture with Graph Blockchain Limited that relate to proprietary methodologies, processes and algor...Read full newsRead More
Elektron Technology PLC (LON:EKT) shares rose 5.4% to 27.2p in late-afternoon trading after its subsidiary, Bulgin, signed a global distribution agreement with Arrow Electronics Inc (NYSE:ARW).The electrical components maker said the initial inventory order from Arrow was in excess of US$500,000, representing a significant investment in the joint initiative, with products available for customer or...Read More
March 29 (Reuters) - London-listed Vedanta Resources said on Thursday it would likely record an impairment charge of up to $600 million following the closure of its iron ore business in India's southwestern Goa state.In February, India's Supreme Court quashed all iron ore mining permits and mining was ordered stopped from March 16 in Goa, one of the country's top producing states for the material...Read More
Healthy-living and fitness platform Longevity United has launched its token sale (ICO) aiming to raise $15 million toward its new consumer-oriented app.This ICO is for its utility token, the Longevity Token, created in a joint venture with Eterly Inc. This app will be focused on health and fi...Read full newsRead More
Alan Broome, chairman of Strategic Minerals Plc (LON:SML), tells Proactive's Andrew Scott they're planning to carry out an initial exploration drilling programme at the Mount Weld tenements in Western Australia.Broome also discusses a recently completed Electromagnetic survey on their Hanns Camp project which has identified a significant conductor.Further field work of the area around this conduct...Read More
The week after the Easter break looks set to be quiet on the corporate earnings front with only a handful of trading statements.Given the recent woes in the retail sector, investors are likely to keep an eye on interims from Topps Tiles Plc (LON:TPT) after a challenging 2017 saw its profits and sales drop.The previous week saw another retailer in the dumps with Conviviality PLC (LON:CVR) - t...Read More
TORONTO, March 29 (Reuters) - Goldcorp Inc made the first gold deposit on Tradewind Markets' new digitized trading platform, the companies said on Thursday, with 3,000 ounces of bullion from its Red Lake mine complex in Ontario.As old-school gold trading increasingly moves into the digital era, the deposit represents a "milestone" as the genesis block, or first step in the blockchain on Tradewind'...Read More
Neil Crabb, chief executive of Frontier IP Group Plc (LON:FIPP) caught up with Proactive's Andrew Scott following the release of their half-year report.Frontier's portfolio includes AI drug researcher Exscientia which secured a ?,?15mln strategic investment from drug discovery company Evotec while foodtech company Nandi Protein raised ?1mln in the period.Crabb says they're seeing strong interest...Read More
Canada's Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, have experienced a dramatic decline in exploration spending during the last ten years, data from Natural Resources Canada (NRCan) shows.According to NRCan most recent numbers, spending in the N.W.T. is expected to decline to $81.3 million this year, down from $90 million in 2017. Exploration spe...Read More
"Our cybersecurity operations center detected a limited intrusion of malware that affected a small number of systems... Remediations were applied and this is not a production and delivery issue."Read full newsRead More
Mike de Wit, president and chief operating officer of Tsodilo Resources (CVE:TSD), updates Proactive's Andrew Scott on progress at their BK16 kimberlite project in Botswana.He says they've done a geological study of the kimberlite pipe and have undertaken a bulk sampling programme on the property.Treatment of the samples began in January and they're now about 80% complete. Meet ANGLE plc, Fa...Read More