"Due to a lag in gold production, Patagonia has closed two of its mines. Shares of the company crashed almost 50 percent on the news. https://t.co/Cf3TY9wF1S #patagoniagold #gold #investing"Read full newsRead More
The prospect generator model is the ideal enterprise for the highly capital-intensive and high-risk nature of resource exploration.Read full newsRead More
After 18 months of drilling at its Golden Hill exploration project in southwestern Burkina Faso, Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has completed a maiden resource estimate.The plan is to build on the resource and advance the project through a preliminary economic assessment and into the feasibility stage of development.Golden Hill contains 415,000 ounces of gold in 6.40 million indicated tonn...Read More
Maersk CEO Soren Skou said the global economic outlook for this year is looking bleaker than in 2018, as trade tensions had led to a lot of front-loading of trade in 2018.Read full newsRead More
Barsele Minerals (TSXV: BME; US-OTC: BRSLF) has tabled an updated resource estimate for its Barsele gold project in northern Sweden totaling 5.5 million indicated tonnes grading 1.81 grams gold per tonne for 324,000 oz. gold and 25.4 million inferred tonnes at 2.54 grams gold for 2.08 million oz. gold.The resource is split between pit constrained, bulk underground and selective underground mining...Read More
* Official says approval could take 6 months to two years* Comments come from state resources investment commissioner* Decision on approvals to come from environment department* Queensland Resources department says official has no authority to speak on timelines (Adds statement from Queensland mines department, recasts)India's Adani Enterprises might have to wait up to two years to get two environ...Read More
"Great Bear Drills Hinge Zone Extensions - Results Include New 42 m Wide Zone with Multiple Gold-Bearing Intercepts Including 31.60 g/t Gold Over 3.40 m at 157 m Depth @GreatBearGBR https://t.co/iD7kC4r929"Read full newsRead More
The agreements could cover agriculture, non-tariff barriers, services, technology transfer and IP...Read full newsRead More
The offer includes soybeans, corn and wheat...Read full newsRead More
China wasn't kidding when it said it would retaliate against any country that discriminates against Huawei...Read full newsRead More
Behind Glencore Plc's decision to limit coal investment is a little-known, but powerful group of investors.Glencore made its decision after facing pressure from a shareholder network known as Climate Action 100+, which has the backing of more than 300 investors managing $32 trillion. The group was founded a little over a year ago, but has already extracted reforms from oil heavyweights, like BP Pl...Read More
A major port in northern China has reportedly banned coal imports from Australia - in a sign that Beijing may be flexing its economic muscles and warning nations not to bar its next-generation wireless technology.The indefinite coal restrictions at Dalian started this month and are part of an overall plan to cap imports into the customs region this year, Reuters reported, citing an unnamed Dalian...Read More
In a belated response to falling fresh-water levels in desert areas, Chile is moving to protect a natural resource that has been depleted after decades of mining activity.With complaints from local communities rising and the effects of climate change worsening, the world's largest copper producer is planning to implement measures that will make it more difficult for miners to pump fresh water.Chil...Read More
"The European Central Bank's profit rose in 2018 thanks to more interest income from the bonds acquired via QE #ecb https://t.co/efXGdsZNpA via @markets"Read full newsRead More
West Fraser Timber (Mostly Sunny; WFT) gapped down 2.23% on February 13th after reporting Q4 results after the close on the 12th. Although it traded as low as $67 on the day, it managed to close towards the high end its range at $72.78. However, the stock has continued to slide in the days since. The question is: will it be able to gather some steam and make a rebound?The stock, which is a member...Read More
Is copper finally about to break up out of its well-trodden seven-month range?London Metal Exchange (LME) three-month copper came tantalisingly close on Wednesday with a mini-surge to $6,426.50, challenging the upper band of the $5,725 to $6,440 range that has defined the market since July 2018.The market was regrouping Thursday around the $6,380 level.Glencore set the ball rolling with an announc...Read More
Mr. Jeffrey Pontius reportsCORVUS GOLD EXPANDS MOTHER LODE DEPOSIT TO THE EAST, WEST AND AT DEPTH BELOW PIT BOTTOM WITH THICK OXIDE MINERALIZATION TO DEPTHCorvus Gold Inc. has received results from eight holes targeting the eastern, western and below-pit-bottom resource expansion potential at the Mother Lode deposit in Nevada (please see attached table).Results continue to show high potential for...Read More
* AMCU extends Sibanye gold strike to platinum* AngloGold, Lonmin, Harmony, Amplats served union strike notices* Lonmin shares down (Adds other firms, Sibanye comment, detail)Workers led by South Africa's Association of Mineworkers and Construction Union (AMCU) plan to down tools at gold and platinum mines next week in support of colleagues at Sibanye-Stillwater who are striking over wages and job...Read More
TORONTO - Today, Minister of Energy, Northern Development and Mines Greg Rickford released the following statement on Hydro One executive compensation: "Ontario's Government for the People has taken decisive action to bring Hydro One's executive compensation in line with levels with comparable utilities. "After receiving a proposal last week that included a CEO compensation cap of $2.775 millio...Read More
Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD INCREASES 2019 PRODUCTION GUIDANCE TO 920,000 - 1,000,000 OUNCES, FOSTERVILLE MINERAL RESERVES INCREASE 60% TO 2.7 MILLION OUNCES AT 31.0 G/TKirkland Lake Gold Ltd. has revised and increased its consolidated three-year production guidance and improved its unit cost guidance for 2019. The company also announced today mineral reserve and mineral resource...Read More