Rio Tinto-controlled Turquoise Hill Resources said Tuesday it had received an "information" request from the Mongolian Anti-Corruption Authority (ACA) to provide financial data associated to its giant Oyu Tolgoi copper and gold mine in Mongolia.The petition relates to an investigation about possible abuse of power by authorized officials during negotiation of the 2009 Oyu Tolgoi investment agreeme...Read More
Mr. Mark Kolebaba reportsADAMERA'S SE-01 RESULTS LOW GRADE - DRILL MOVED TO KEY WEST MINE CONDUCTORAdamera Minerals Corp.has provided gold results for the first and second drill holes on the SE-01 VTEM target at its Cooke Mountain project in Washington State. Drill hole HLK18-01 returned elevated gold values up to 0.3 gram per tonne in zones with sulphide mineralization. Drill hole HLK18-02 provid...Read More
Mr. Shawn Wallace reportsAURYN RESOURCES ANNOUNCES US$8.5 MILLION FINANCINGAuryn Resources Inc. has entered into an agreement dated March 13, 2018, with Cantor Fitzgerald Canada Corp. (CFCC), as bookrunner and lead underwriter, on behalf of itself and a syndicate of underwriters, to purchase, on a bought deal basis, 5,230,770 common shares of the company at the price of $1.30 (U.S.) per offered sh...Read More
Mr. Walt Coles Jr. reportsSKEENA ANNOUNCES $6.0 MILLION PRIVATE PLACEMENT FINANCINGSkeena Resources Ltd. has entered into an agreement with a syndicate of agents co-led by PI Financial Corp. and Sprott Capital Partners in connection with a marketed best efforts private placement of up to five million units and up to 4,285,715 flow-through common shares of the company to raise aggregate gross proce...Read More
The world's fifth biggest gem-quality diamond ever found was sold for $40 million on Monday, the company that found the massive rock said.Africa-focused Gem Diamonds (LON:GEMD) dug up the D colour, Type IIa rough diamond, which is about the size of two golf balls, at its flagship Let??eng mine in Lesotho in January.The rock, named "The Lesotho Legend," was acquired by an unnamed buyer in Ant...Read More
Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren't too happy about it.Read full newsRead More
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) spiked Tuesday after it posted a 59% increase in profits to almost $2.6 billion last year, thanks to strong copper prices and cost-cutting measures that helped offset a slight decline in production.Net profit for the year ended Dec. 31 climbed to $750.6 million from $158 million a year earlier, a more than four-fold increase, which allowed the co...Read More
The Alaska Mental Health Trust is considering handing over control of nearly 2,000 acres of Cook Inlet land to Donlin Gold. Listen nowRead full newsRead More
Peter Epstein of Epstein Research profiles a company actively exploring a project in Argentina that could become a major copper-gold asset.Read full newsRead More
Wallbridge Starts Dewatering of Fenelon Gold Mine Workings for Bulk Sampling ProgramRead full newsRead More
Barrick Gold (ABX+2%) jumps after RBC Capital upgrades shares to Outperform from Sector Perform with a $16 price target, arguing ABX's cost guidance and declining production profile already are priced in, and the current valuation puts the stock at an attractive entry point. Meanwhile, RBC downgrades Newmont Mining (NEM-0.1%) to Underperform from Sector Perform and trims its price target to $1...Read More
RBC Capital Markets think the two stocks are on different trajectoriesRead full newsRead More
Mining is to the blockchain what prospecting is to gold. Here's everything you need to know about how to mine Ethereum, including a step-by-step guide on how to build an Ethereum mining rig.Read full newsRead More
Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren't too happy about it.Read full newsRead More
Conclusively, cryptocurrencies like Bitcoin and Ethereum have significant advantages over banks in a number of areas, including security, borderless transaction settlement, efficient payment clearance, and lack of dependence on centralized service providers or entities...Read full newsRead More
Proactive Investors CEO Forums have rapidly gained global recognition as the preferred format for hundreds of listed companies across the world's leading stock exchanges seeking to present to an audience of institutional and retail investors.This exclusive forum on May 16, 2018 starts at 4:30 pm with registration, networking and an open bar. Hear several brief presentations directly from CEOs abou...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for April delivery lost 68 cents to $61.36 on the New York Merc, while Brent for May lost 54 cents to $64.95 (all figures in this para U.S.). Western Canadian Select traded at a discount of $25.55 to WTI...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Monday was a ho-hum 83-86-121. The TSX Venture Exchange fell one point to 827 while rough diamond prices were flat. Lukas Lundin and Eira Thomas's Lucara Diamond Corp. (LUC) gained three cents to...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold lost $0.50 to $1,322.60 on Monday. The TSX Venture Exchange lost 1.20 points to 827.70 while the TSX Gold Index added 1.91 points to 181.96. Barrick Gold Corp. (ABX) was strong, gaining 45 cents to $15.59 on 4.50 mil...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 1.2 points to 827.70 on Monday, March 12. Vince Gasparro and Michael Galego have listed their second capital pool shell, Apolo II Acquisition Corp. (APII), following a $500,000 initial public offering at 1...Read More