Toronto, Ontario, 6 March 2018 - NORCAT, a global leader in the development and provision of skilled labour training and development services, is excited to announce the launch of two new, hands-on and experiential training and development programs to prepare the global mining workforce for the "new world of work".These new programs, which will provide opportunities for both new and existing wor...Read More
CloseGain/LossGold $1325.20-$8.50Silver$16.48-$0.26XAU78.79-2.48%HUI173.41-2.50%GDM605.87-1.64%JSE Gold1138.24-1.85USD89.58-0.04Euro124.13+0.03Yen94.35+0.09Oil$61.15-$1.4510-Year2.882%-0.002T-Bond144.125-0.28125Dow24801.36-0.33%Nasdaq7396.65+0.33%S&P2726.80-0.05% The Metals: Gold fell $10.90 to $1322.80 in early afternoon New York trade before it edged back higher into the close, but it st...Read More
- Gold no longer fears or pays attention to Fed announcements regarding interest rates- Renewed interest in gold due to inflation fears and concern Fed won't do enough to control it- Higher interest rates on horizon will make debt levels unsustainable- New Fed Chair warns "the US is not on a sustainable fiscal path" and could lead to an "unsustainable" debt load- Higher interest rates are good f...Read More
Trade wars will increase as the Trump administration is considering clamping down on Chinese investments in the USA along with imposing tariffs on a broad range of Chinese imports. Gary Cohn resigning as Trump's top economic advisor will be bearish for the US dollar and bullish for gold. Key US economic data releases begin from today with February US private ADP jobs number. It remains to be s...Read More
Kai Hoffmann, the CEO of North America's leading provider of relevant financing information in the junior commodities space, Oreninc.com talks about the rece...Read full newsRead More
The government of British Columbia revealed today the timeline that will guide the procedures to reform the province's environmental assessment process.Known by its initials, the EAP is a course of action to predict environmental effects of proposed initiatives, particularly mining and resource extraction projects, before they are carried out. In general, an EAP should identify potential adverse e...Read More
FTSE 100 closes up just 11 ptsUS stocks open lower after Trump economic advisor quitsRolls-Royce top Footsie riser as results beat forecasts FTSE 100 closed in positive territory, but not by much, as US stocks saw red, and traders wait to see what President Trump will do next on his tariff threats.The UK blue-chip benchmark closed up around 11 points at 7,157, while FTSE...Read More
The White House on Wednesday raised the possibility that impending hefty U.S. tariffs on steel and aluminum imports could exclude a clutch of countries other than Canada and Mexico as President Donald Trump planned to authorize the measures on Thursday.Trump is expected to sign a presidential proclamation establishing the tariffs during a ceremony scheduled for 3:30 p.m. (2030 GMT) on Thursday, a...Read More
Northern Star Resources (ASX: NST) announced today that it has agreed to pay Westgold Resources (ASX: WGX) $62.6 million for the South Kalgoorlie mine, located about 50 kilometres from its Kundana operations in Western Australia.In a press release, Northern Star explained that the acquisition comprises the project's operating processing facility, which has an annual throughput capacity of 1.2 mill...Read More
Momentum Public Relations Blog: February 28th The premiere mining convention in the world is about to take place in Toronto as the Prospectors and Developers Association of Canada, PDAC, holds its annual convention from March 4-7, 2018. As mining conventions go, PDAC attracts the largest numbers in the world with more than 24,000 attendees expectedRead full newsRead More
Avrupa Minerals Ltd.(TSXV:AVU) (OTC:AVPMF) (FRANKFURT:8AM) is pleased to announce that it has arranged a financing to raise $500,000 by way of a private placement of 6.25 million units at $0.08 per unit. Each unit (a 'Unit) is comprised of one common share and common share purchase warrant which entitles the holder to purchase one common share at a price of $0.12 for a period of two years fr...Read More
By Amedee MwarabuKINSHASA, March 7 (Reuters) - Democratic Republic of Congo President Joseph Kabila will soon sign into law a new mining code that is vigorously opposed by industry, according to the government and mining companies.The announcement followed a nearly six-hour meeting on Wednesday between Kabila and mining executives in Kinshasa about the new code, which will raise taxes and remove a...Read More
Komet Resources Inc. (TSXV:KMT) is pleased to announce the beginning of a RC (Reverse Circulation) drilling campaign on its Dabia South permit located in the K?(C)ni?(C)bia region of Mali.Read full newsRead More
Turnaround specialist Volvere PLC (LON:VLE) said it expects record full year revenues, sending its shares higher on Wednesday.The company estimates revenue rising to ?43.2mln in 2017 from ?33mln a year ago and profit before tax increasing to ?3.2mln from ?1.9mln.Revenue growth was driven by a strong performance in its 83%-owned automotive consulting business, Impetus Automotive Ltd, and in fro...Read More
SP Angel's John Meyer discusses with Proactive Investors' Andrew Scott some of the 'transformational' developments being made in flying car and electric plane technologies.Meyer highlights the potentially huge market for rare earth metals as well as other battery metals to power these new vehicles.In terms of those companies well positioned to benefit - he reckons it's worth taking a look at Afric...Read More
As Premier Oil PLC (LON:PMO) releases its full year results on Thursday the attentions will be on cash flow generation, with investors waiting to see the pay-off from the group's recent production growth thanks to the introduction of the Catcher field.Premier's production amounted to around 75,000 boepd during 2017, and Investec analyst Brian Gallagher is expecting 2018 output to come in at 82,000...Read More
Mr. David Wolfin reportsCORAL GOLD PROVIDES OUTLOOK FOR 2018, INCLUDING BARRICK'S PLANS FOR ROBERTSON EXPLORATION Coral Gold Resources Ltd. has concluded a watershed year, highlighted by the sale of the company's Robertson property to Barrick in June, 2017. The agreement included a cash payment to Coral of $15.75-million (U.S.) (approximately $21.2-million(Canadian) based on the exchange rate at t...Read More
Nick Wykeman and Manuel Llobet from Allergy Therapeutics plc (LON:AGY) caught up with Proactive Investors following the release of their interim results.Allergy's continued to gain market share as it heads into a 'pivotal' twelve months.Interim revenues rose by 4% to ?42.2mln despite the pollen season being described as 'abnormally weak'.Headline or first glance data from the Phase III Pollinex Q...Read More
Torsten Hoffmann, chief operating officer at Silence Therapeutics PLC (LON:SLN) chats to Proactive's Andrew Scott following the release of their preliminary 2017 results.Hoffmann says the big focus for them is working towards filing their first GalNAc-siRNA CTA (clinical trial authorisation) for the treatment of liver-related iron overload disorders by the end of 2018.Five senior managers have rec...Read More
Mr. Joseph Campbell reportsTERRAX STAKES 337.5 SQUARE KILOMETERS OF CONTIGUOUS GROUND IN THE HIGHLY PROSPECTIVE YELLOWKNIFE GOLD DISTRICTTerrax Minerals Inc. has expanded its land position at its wholly owned Yellowknife City gold (YCG) project through the staking of an additional 337.5 square kilometres immediately to the north of its current properties. These additional 47 claims were staked bas...Read More