Global gold-backed exchange-traded fund holdings rose 8.4 percent in 2017, the latest data from the World Gold Council shows.Read full newsRead More
Klondex Mines Ltd. (KDX:TSX) announced this week the immediate reduction of underground mining operations and workforce at its True North mine, located about 165 kilometres northeast of Winnipeg, in the Canadian province of Manitoba.Although Klondex had big hopes for the 43,000-hectare complex when it acquired it in January 2016, the mine didn't make as much money as it was supposed to in 2017. Pr...Read More
Hundreds of demonstrators extended their protests this week outside Iran's notorious Evin Prison, demanding information about about loved ones detained -- without being charged -- since ongoing anti-government protests erupted almost two weeks ago.Read full newsRead More
Mr. John BurzynskireportsOSISKO MINING INC. FILES EARLY WARNING REPORT IN RESPECT OF BEAUFIELD RESOURCES INC.Osisko Mining Inc. has filed an early warning report in respect of its holdings in Beaufield Resources Inc. The corporation, through its wholly owned subsidiary O3 Investments Inc., acquired beneficial ownership of, or control and direction over, 16,923,500 common shares of Beaufield by way...Read More
FTSE 100 closes at new highRBS gains on Morgan Stanley upgradeTaylor Wimpey shares decline after trading updateUK manufacturing data surprises to the upside FTSE 100 closed at a new record high on Wednesday, bolstered by the banking sector, and a weaker pound.The UK's top tier index closed the day over 17 points ahead at 7,748 with RBS (LON:RBS) the biggest gainer, up 4.60% to 293.40p after a...Read More
Falco Resources Ltd. (TSX VENTURE: FPC) ('Falco' or the 'Company') is pleased to provide the following update on its development of the Horne 5 Project (the 'Project'), exploration and corporate activities.Read full newsRead More
In some Northeast cities, temperatures will top 60 degrees on FridayRead full newsRead More
Together with Ecuador's Ministry of Mines, Canadian Lundin Gold (TSE:LUG) officially inaugurated two tunnels at its Fruta del Norte gold-silver project, located in the southeastern province of Zamora Chinchipe. The tunnels were named Kuri, which means gold in the Indigenous language Shuar, and K'isa, which means fruit in Quechua.Following the completion of soft tunneling in December 2017, mine dev...Read More
This year may be anything but staid for the oil market as Citigroup Inc. predicts wildcards including war, Middle East tensions, Donald Trump and Kim Jong Un driving crude toward $80 a barrel.Read full newsRead More
Canada's Pancontinental Gold Corporation (TSXV: PUC), a company whose focus is on the Jefferson gold project in South Carolina, wants to expand its presence in the market for key battery metals.The Toronto-based firm announced today that it has entered into an option agreement with 2522962 Ontario Incorporated to acquire a 100% interest in the Montcalm West Nickel-Copper-Cobalt Project, located 65...Read More
Bango plc (LON:BGO), the mobile payments company, has partnered with Netflix to launch carrier billing for subscriptions in Mexico. Customers who sign up to Netflix, the media streaming giant, can now charge the monthly subscription cost to their pre- or post-paid mobile phone bill. Ray Anderson, Bango CEO tells Proactive the direct carrier billing platform is proving very popular with Mexico's 12...Read More
Part of the attractiveness of Thor Mining's (LON: THR) new reserve upgrade is that it allows for the extension of the mine life at the Molyhil tungsten-molybdenum project by 17% to seven years. CEO Mick Billing tells Proactive about the grade of the reserves and gives us an idea of volumes as well as bringing us up to date on Thor cost cutting and profitability aspirations. Also word here on congl...Read More
CEO of Ceres Power(LON:CWR) Phil Caldwell tells Proactive how he sees fuel cell technology completely taking over from combustion engine driven energy...he says a revolution is happening and Ceres is at the forefront of that. Ceres has signed another joint development agreement with an original equipment manufacturer (OEM).Ceres and the unnamed new partner will work together to develop prototype m...Read More
Ceres Power Holdings PLC (LON:CWR) shares climbed 4% to 14.95p after the solid oxide fuel cell developer announced that it signed a new joint development agreement with an undisclosed "significant" European-based original equipment manufacturer.Ceres and the new partner will work together to develop prototype multi-kilowatt power systems for several potential applications. It marks the fifth agree...Read More
Golden Predator Mining Corp. (TSXV:GPY) (OTCQX:NTGSF)reports the results of 42 Reverse Circulation (RC) drill holes completed in 2017 at the 3 Aces Project in southeastern Yukon.Read full newsRead More
Jeffrey Gundlach, the billionaire bond manager, said commodities may be one of the best investments this year as they surge during the late phase of the economic cycle.Read full newsRead More
Keeping the food retail theme running, Thursday brings Tesco Plc (LON:TSCO) and Marks and Spencer Group Plc (LON:MKS) onto the schedule, following Morrisons, Sainsbury's and Lidl updates so far this week.Of course Marks is not just a grocer, and the trading statement will likely be in focus for investors who are trying to gauge the Christmas period for the broader retail sector.No doubt ASOS will...Read More
The Democratic Republic of Congo may soon more than double the tax mining companies operating in the country pay on exports of cobalt, a key component in the lithium-ion batteries that power electric cars and mobile phones.The African nation, responsible for about two thirds of global cobalt output, has been evaluating the measure since last month, when a major revision to the 2002 Mining Code was...Read More
It was a relatively quiet session until a little after 5am ET when all early-morning market moves were superseded by aggressive cross-asset reaction - mostly in the form of selling of anything US-linked - to a Bloomberg report that China is reconsidering its UST holdings.Read full newsRead More
LAS VEGAS, U.S. -- Panasonic will consider making batteries for Tesla's electric cars in China, Kazuhiro Tsuga, Panasonic's president, told reportersRead full newsRead More