Japanese trading house Sojitz Corp said on Monday in a statement it would sell its 30 percent stake in the Bara Alam Utama (BAU) thermal coal mine in South Sumatra, Indonesia, to an existing partner for an undisclosed sum.The deal reflects the company's effort to rebalance its coal assets, shifting away from thermal coal investment and focusing more on coking coal, amid growing global concerns for...Read More
Producer of mineral-based highly engineered advanced materials Luxfer, and manufacturer of rare earth and rare metal-based functional materials Neo Performance, announced that they have mutually agreed to terminate a previously announced transaction under which Luxfer would have acquired Neo for $612 million in cash and stock.The companies made the announcement by issuing a press release in which...Read More
Producer of mineral-based highly engineered advanced materials Luxfer, and manufacturer of rare earth and rare metal-based functional materials Neo Performance, announced that they have mutually agreed to terminate a previously announced transaction under which Luxfer would have acquired Neo for $612 million in cash and stock.The companies made the announcement by issuing a press release in which...Read More
SEMAFO (TSX: SMF) (OMX: SMF) and Savary Gold (TSX-V: SCA) announced today that they have entered into a definitive combination agreement pursuant to which SEMAFO will acquire all of the issued and outstanding common shares of Savary not already owned by it.In a press release, the companies explained that the transaction is being carried out by way of a three-cornered amalgamation, which will be vo...Read More
SEMAFO (TSX: SMF) (OMX: SMF) and Savary Gold (TSX-V: SCA) announced today that they have entered into a definitive combination agreement pursuant to which SEMAFO will acquire all of the issued and outstanding common shares of Savary not already owned by it.In a press release, the companies explained that the transaction is being carried out by way of a three-cornered amalgamation, which will be vo...Read More
"Seahawk Ventures Inc. (CSE:SHV US:SEHKF) is a gold exploration company and the second-largest landholder in the Abitibi greenstone belt's Urban-Barry gold camp in Quebec, Canada. For more info https://t.co/mxJ7lRMvAO @SeahawkVentures #exploration #gold #abitibi #investing #INN"Read full newsRead More
Drug trafficking, battles between state forces and armed groups, extortion and illegal gold mining have transformed southern Venezuela into a region where citizens live in a parallel state ruled by organized crime. Read full newsRead More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD) has officially dropped its hostile takeover offer for U.S. rival Newmont Mining (NYSE:NEM) in favour of a friendly deal to create a joint-venture that will combine the two companies' assets in Nevada.The world's two biggest gold miners have operated independently in Nevada for decades, but had been unable to reach an agreement on a way to co-operate unti...Read More
Read the report President Xi doesn't want you to see...Read full newsRead More
Australia's largest gold producer, Newcrest Mining, (ASX: NCM) is acquiring a 70% joint-venture interest in Imperial Metals' (TSX: III) Red Chris copper and gold mine, located in British Columbia, Canada, as part of an ongoing push by the world's top bullion miners to get even bigger.The Melbourne-based company, which is also the world's No. 3 gold producer by market value, is paying Imperial $806...Read More
Australia's largest gold producer, Newcrest Mining, (ASX: NCM) is acquiring a 70% joint-venture interest in Imperial Metals' (TSX: III) Red Chris copper and gold mine, located in British Columbia, Canada, as part of an ongoing push by the world's top bullion miners to get even bigger.The Melbourne-based company, which is also the world's No. 3 gold producer by market value, is paying Imperial $806...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. After enjoying a strong multi-week advance, the Index finally pulled back last week, shedding 22.4 points or 1.9% to close at 1135.41. MACD dropped 3.9 points to hit -5.37. Our near-term momentum indicator, RSI, which ended the previous week at an elevated reading of 75.05, then plunged...Read More
Gran Colombia Gold (TSX: GCM), the South American country's largest underground gold and silver producer, has increased the mineral resource and reserve estimate for its Segovia mine, located in the northwestern Antioquia mining district.The operation, acquired by Gran Colombia in 2010, has 4% more mineable reserves than what the company had detected by the end of 2017. They now sit at 1.9 millio...Read More
In the hospital and at home, illness data can be lucrative.Read full newsRead More
Drug trafficking, battles between state forces and armed groups, extortion and illegal gold mining have transformed southern Venezuela into a region where citizens live in a parallel state ruled by organized crime. Read full newsRead More
The widely-held mega-cap stocks that dominate the U.S. markets recently finished reporting their Q4 2018 financial results. Because the tenor of stock markets changed radically last quarter, this latest earnings season is more important than usual. An extreme monster bull market suddenly rolled over into a severe near-bear correction in Q4. How major corporations fared offers insights into whether...Read More
The company said in a February 20 statement it had received authorisation from the Guyanese Environmental Protection Agency to resume construction and development work on an underground explorationRead More
The Red Chris copper-gold mine in northwest British Columbia - now owned 70% by Newcrest Mining and 30% by Imperial Metals. Photo courtesy Imperial Metals Corp.Imperial Metals Corp. [III-TSX; IPMLF-OTC] shares rallied sharply Monday March 11 on news that the company has agreed to sell a 70% stake in its Red Chris copper and gold mine to Newcrest Mining Ltd. [NCM-ASX] for US$806.5 million in cash...Read More
Barrick Gold's Turquoise Ridge mine in Nevada. Source: Barrick Gold Corp.Barrick Gold Corp. [ABX-TSX, NYSE] has abandoned its hostile bid for Newmont Mining Corp. [NEM-NYSE] and will instead create a joint venture that will combine the two companies' Nevada gold mining operations.The deal, announced on Monday March 11, allows Newmont to complete a friendly merger with Goldcorp Inc. [G-TSX; GG-NYSE...Read More
H.E. Mithat Cans??z, Deputy Minister of Energy and Natural Resources of Republic of Turkey. Photo courtesy Government of Turkey.In an interview with Resource World magazine, H.E. Mithat Cans??z, Deputy Minister of Energy and Natural Resources of Republic of Turkey, provided insight as to how his government is taking steps to encourage mineral exploration and mining.RESOURCE WORLD: What metals and...Read More