A supply shortage is looming.Read full newsRead More
"The virtual solvency of the US government would be likely to become the detonator of the next financial crisis... The market's reversing recognition of the value of U.S. Treasury bonds and U.S. dollar will be a powerful force in destroying the fragile debt chain of the federal government.Read full newsRead More
Bert Monro, head of business development at Hummingbird Resources Ltd (LON:HUM) tells Proactive they wrapped up 2017 with around US$40mln in cash in the bank and gold flowing from the furnaces at the new Yanfolila mine in Mali.Hummingbird poured its first gold in the second half of December, following a build and commissioning process that was completed on time and on budget. Meet Netscienti...Read More
The cryptocurrency selloff accelerated on Tuesday with bitcoin and the broader cryptocurrency space plunging as much as 20% as the prospect of regulatory crackdowns appeared to spread across Asia.Read full newsRead More
Oil prices are trading near three-year highs, but many analysts say the rally may have gone too far, too fast. With Brent crude settling above $70 a barrel on Monday, new risks are emerging for an industry that is still reeling from a long downturn.Read full newsRead More
Christmas may be long over but it is still a hot issue for the retail sector, which remains in the throes of the Yuletime trading update season.On Wednesday it will be the turn of fashion firm Burberry to sashay down the catwalk.Investors will be looking for a smooth execution of Burberry's new strategy under its new boss.One of the first things new chief executive Marco Gobbetti did when he...Read More
David Archer, chief executive of Savannah Resources Plc (LON:SAV), tells Proactive that three applications for mining leases have been submitted to the Ministry of Mineral Resources and Energy in Mozambique, for the Mutamba heavy mineral sands projects.Mutamba, which is being evaluated in a consortium with Rio Tinto, would likely have a 25-year life if the mining leases are confirmed. Meet N...Read More
Mr.Peter Grosskopf reports SPROTT COMPLETES ACQUISITION OF CENTRAL FUND OF CANADA Sprott Inc. has successfully completed its previously announced acquisition of the common shares of Central Fund of Canada Ltd. (CFCL) and the right to administer and manage CFCL's assets.CFCL's Class A shareholders are now unitholders of the newly created Sprott Physical Gold and Silver Trust. The new trust will beg...Read More
Chris Cleverly, executive chairman at African Potash Ltd (LON:AFPO), tells Proactive they've struck a deal on a joint venture with Gibraltar firm TokenCommunities Limited to further its entry into game-changing blockchain technology.African Potash says the deal will complement the FinComEco joint venture they struck back in November and will bolster its plans to operate a range of platforms and pr...Read More
Mr. Walter Coles reportsSKEENA WELCOMES NEW VICE PRESIDENT OF EXPLORATIONSkeena Resources Ltd. has appointed Paul Geddes as Skeena's new vice-president of exploration, effective March 1, 2018. Mr. Geddes has more than 20 years of exploration and resource development experience in precious metals and base metals with a focus on economic geology. His career ranges from greenfield to brownfield explo...Read More
Shares in Rio Tinto-controlled Turquoise Hill (TSX, NYSE:TRQ) were hit Tuesday after the miner revealed its massive Oyu Tolgoi copper and gold mine in Mongolia has been handed a $155 million tax bill.The Vancouver-based company said the amount relates to an audit on taxes imposed and paid by the mine operator between 2013 and 2015.Amount relates to an audit on taxes imposed and paid by the...Read More
January's cryptocurrency selloff got fresh impetus on Tuesday when Bitcoin slumped as much as 25 percent, as the prospect of regulatory crackdowns appeared to spread.Read full newsRead More
Mr. John Burzynski reportsOSISKO INTERSECTS 76.5 G/T AU OVER 5.0 METRES AT WINDFALLOsisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee, James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and a...Read More
Mr. David Wolfin reportsAVINO ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 PRODUCTION RESULTS FROM ITS AVINO PROPERTYAvino Silver & GoldMines Ltd. has released its fourth quarter 2017 and full year 2017 production results from its Avino property near Durango, Mexico. Consolidated production highlights for 2017 (compared with 2016): Silver equivalent production increased 1 per cent to 2,700,585...Read More
VANCOUVER, British Columbia, Jan.16, 2018(GLOBE NEWSWIRE) -- First Majestic Silver Corp. ("First Majestic" or the "Company") (NYSE:AG) (TSX:FR) is pleased to announce the Company's fourth quarter and full year 2017 production results, as well as production and cost guidance for 2018. Production costs are scheduled to be released on February 28, 2018 with the Company's full-year and fourth quart...Read More
Mr. Christian Milau reports PACIFIC ROAD EXERCISES NON-DILUTION RIGHTS TO ACQUIRE ADDITIONAL COMMON SHARES OF EQUINOX GOLD Pacific Road Resources Funds has provided notice to Equinox Gold Corp. of the exercise of its pre-existing non-dilution rights and will acquire an additional 21 million Equinox Gold common shares for aggregate proceeds to the company of $19,215,000, subject to TSX Venture Exch...Read More
Almost exactly 9 years after the first were 'mined', January 13th marked an important milestone for cryptocurrencies. 16.8 million bitcoins (BTC), or 80 percent of the entire Bitcoin supply, have now been mined.Read full newsRead More
Just days after China's (denied) threat to slow/stop buying US Treasuries, and just days before the launch of China's petro-yuan futures contract, Germany's central bank confirmed it would include China's Renminbi in its reserves.Read full newsRead More
Phase 1 completed on budget and will scale significantly throughout 2018BODEN, Sweden and VANCOUVER, Jan. 15, 2018...Read full newsRead More
A supply shortage is looming.Read full newsRead More