Lithium exploration company, Lake ResourcesN.L. (ASX:LKE) today announced it has secured commitments to raise A$4.5million in an oversubscribed private placement to sophisticated andprofessional investors. The original offer was increased from $4million due to significant demand from current shareholders, with the upsized$4.5 million raise to be completed by Monday 26 March 2018.The funds will be...Read More
"Those who created this country chose freedom. With all of its dangers. And do you know the riskiest part of that choice they made? They actually believed that we could be trusted to make up our own minds in the whirl of differing ideas. That we could be trusted to remain free, even when there were very, very seductive voices – taking advantage of our freedom of speech – who were tryin...Read More
"Those who created this country chose freedom. With all of its dangers. And do you know the riskiest part of that choice they made? They actually believed that we could be trusted to make up our own minds in the whirl of differing ideas. That we could be trusted to remain free, even when there were very, very seductive voices – taking advantage of our freedom of speech – who were tryin...Read More
"The Mineral Resources Development Fund is a smart, strategic investment in the future of our industry," said Sean Kirby, Executive Director of MANS. "The provincial government has made a series of important policy decisions in recent years that are helping our industry grow and create jobs for Nova Scotians. The government's support helped us open three major new mines in 2017, representing h...Read More
First-Mover Gold Exploration in JapanRead full newsRead More
Gold Exploration in MaliRead full newsRead More
CloseGain/LossGold $1333.40+$23.00Silver$16.60+$0.40XAU80.59+3.16%HUI174.49+3.12%GDM609.50+2.46%JSE Gold1066.77+5.10USD89.65-0.76Euro123.47+1.01Yen94.62+0.54Oil$65.17+$1.6310-Year2.882%-0.005T-Bond143.78125-0.0625Dow24682.31-0.18%Nasdaq7345.29-0.26%S&P2711.93-0.18% The Metals: Gold saw decent gains in Asia and London and climbed $16.10 to as high as $1326.50 in late morning New York trade...Read More
Key Metric LIBOR OIS Signals Major Credit Concerns - Widening of the spread between LIBOR OIS (overnight index swap) rate raises concerns- Spread jumped to 9 year widest spread, rising to 54.6bps, most since May 2009.- Libor recently moved to over 2% for first time since 2008- Wider spread usually associated with heightened credit concernsEditor: Mark O'ByrneMajor credit concerns are back as one...Read More
According to BHP Billiton's Andrew Mackenzie, a rise in clean energy won't mean a fall in commodities demand - in fact, he sees a future of prosperity.Read full newsRead More
FTSE 100 closes down around 22ptsMining stocks wanted as dollar retreatsAll eyes and ears on Fed's interest rate decision FTSE 100 closed in the red as sterling strengthened as traders fret about a potential trade war and ahead of the Fed's interest rate decision.The UK's premier index closed down around 22 points at 7,038, while the FTSE 250 shed over 55 points at 19,668.In curren...Read More
For now at least, Barrick Gold Corp. seems to have escaped a tax crackdown in Zambia that has embroiled fellow Canadian miner First Quantum Minerals Ltd.That should be welcome news for a company whose news flow has been punctuated with controversy from Tanzania to Argentina and Chile.On Tuesday, First Quantum revealed that the Zambian tax agency reassessed its equipment imports over six years, dem...Read More
Just a month after selling its South Wawa gold property, Toronto-based Argo Gold (CSE: ARQ) announced that it is selling its Rockstar Gold Property to Manitou Gold (TSXV: MTU).Rockstar is located in Ontario's Sault Ste. Marie Mining Division, 50 kilometres north-northeast of Wawa, and contains six known gold bearing occurrences. The most significant prospects are the Rockstar Prospect and the Trac...Read More
A mixture of cyanide and copper, when irradiated with UV light, could have produced simple sugars that formed the building blocks of life on early Earth. This is according to Harvard graduate student Zoe Todd and Dimitar Sasselov, the Phillips Professor of Astronomy and director of the Harvard Origins of Life Initiative.In a paper published this week in the journal Chemical Communications, the res...Read More
"There has been sort of the perfect storm of factors tightening financial conditions...Banks do have tremendous liquidity still, but it's at a higher price...Read full newsRead More
Beijing has decided to increase the cost of oil storage to discourage pure-play speculators from flooding in the market and unleashing price volatility that could spell doom for the brand-new contracts...Read full newsRead More
Shares in Modern Water PLC (LON:MWG) slid 9% in mid-afternoon trading to 9.7p after the water treatment company said it expected revenue and operating profits for the year to be below market expectations.The company said the expected underperformance was primarily due to a shortfall in anticipated revenue from its monitoring division in China as the result of a 2017 change of its product sale...Read More
Sean Smith, chief executive of Eden Research PLC, explains the technology behind its range of naturally-derived pesticides and why winegrowers in France, Spain and Italy are giving rave reviews to Mevalone, its grape fungicide.Work is already underway to get approval in the US as well as Australia New Zealand and South Africa, he says.Another product, Cedroz meanwhile is under development to...Read More
ALGOLD RESOURCES LTD.(TSXV:ALG) ("Algold" or the "Corporation") is pleased to announce the appointment of Benoit La Salle as Chief Executive Officer. Mr. La Salle will continue to serve as Chairman of the Board of Algold, a position that he has occupied since early 2013.Read full newsRead More
WTI/RBOB extended yesterday's gains this morning, after bullish API data, and continued higher after DOE data confirmed the surprise crude build and decent sized product draws. Production rose to a new record high.Read full newsRead More
Renforth Resources Inc. (CSE - RFR) ("Renforth" or the "Company") is pleased to announce that ongoing definition drilling has resumed on our Parbec resource property, located on the Cadillac Break, tied on to the Canadian Malartic Mine in Malartic, Quebec.Read full newsRead More