As a child 40 years ago, Mohammad Hassan Sharifzadeh saw the opening salvos of the Islamic revolution in Iran, starting with a particularly strange scene in a mosque in the holy city of Qom.Read full newsRead More
Strong winds, high waves and toxic gases are hindering dozens of rescue boats struggling to locate missing sailors from a stricken oil tanker in the East China Sea and to extinguish a fire that has burned for the past three days on the ship.Read full newsRead More
Mr. Robert Carrington reportsNEWRANGE FINDS NEW HOST ROCK UNITS WITH DEEP DRILLING AT PAMLICO GOLD PROJECT, NEVADA Newrange Gold Corp. has identified multiple new rock units favourable for hosting gold mineralizationin the Merritt target area at the company's 100-per-cent-controlled Pamlico project in western Nevada. In particular, the company has now verified quartz veining and silicification in...Read More
Morrisons has thrown down the gauntlet to supermarkets and we'll see on Wednesday whether J Sainsbury PLC picks it up.Of course, Morrisons and Sainsbury's operate in different strands of the supermarket spectrum, plus the latter now includes Argos within the group, but even so, Morrisons' 2.8% year-on-year growth in like-for-like (LFL) sales (excluding fuel) in the 10 weeks to 7 January has s...Read More
Quadron Cannatech Corporation (CSE:QCC) offers investors a way to capitalize on the growing demand for cannabis extracts, writes Ryan Allway at CannabisFN.Recent data from the Government of Canada found there was a total increase of 34% from Apr 2017 to Sep 2017 in Cannabis oil sold to clients, compared to 3% for dried cannabis.Below is an article highlights the key areas Quadron operates in,...Read More
Mr. Sean Roosen reports OSISKO PORTFOLIO UPDATE; REALIZES PROCEEDS OF $25.5 MILLION ON AURICO INVESTMENTOsisko Gold Royalties Ltd. has provided an update on its investment portfolio. The company reports that it has delivered its shares of AuRico Metals Inc. to Centerra Gold Inc. for a cash consideration of $1.80 per share and for proceeds of $25.5-million, generating a gain for Osisko of $15.5-mil...Read More
Base and precious metals miner Hudbay Minerals (TSX, NYSE:HBM) has agreed to buy a series of mining properties in southern Peru near its Constancia copper mine, which will see the Canadian company expanding its footprint in the country, the world's second largest producer of the red metal.The Toronto-based miner has now the option to buy a 100% interest in the Caballito (formerly Katanga) and Mar...Read More
After years of pessimism, in 2017 I wrote an article about why I thought there were a few reasons to be positive about the mining industry (find it here), and I was really pleased with the reception it had, and conversations I had following on from it! So, to follow on from that, I wanted to take a look ahead at 2018, and the technologies I think are really disrupting the industry at the moment.Th...Read More
Mr. Jean Martineau reports DYNACOR ANNOUNCES DEBT-FREE STATUS AFTER EARLY REPAYMENT OF LONG-TERM CREDIT FACILITY Dynacor Gold Mines Inc. is now debt free. The final payments, on its long-term senior secured credit facilities, amounting to $1.9-million, were done in the last week of December, 2017. (All amounts refer to U.S. dollars.) During the last five months of 2017, Dynacor has made aggregate...Read More
Watching the mortgage market over the last few years has been like watching paint dry but things are about to get interesting...new customers coming to market, interest rate changes and massive overhauls in technology are all reasons why investors are now watching closely. Peter Brodnicki of the Mortagage Advice Bureau (LON:MAB1) tells Proactive why intermediaries...or brokers...are now perfectly...Read More
Mr. Michael Allen reportsNORTHERN EMPIRE REVIEWS 2017 AND PROVIDES OUTLOOK FOR 2018Northern Empire Resources Corp. has summarized the progress of the company in 2017 and provided plans for the first half of 2018.Michael G. Allen, president, chief executive officer and director, stated: "On behalf of the board and management, I would like to thank our shareholders for your support during this trans...Read More
Brazil's Vale (NYSE:VALE), the world's largest iron ore and nickel miner, has officially closed the sale of its fertilizer business to US-based Mosaic Co. (NYSE:MOS), the No.1 producer of phosphate fertilizer, in a deal worth about $1.4 billion, considerably less than the $2.5bn originally estimated.The transaction, part of Vale's strategy to cut debt and focus on its core businesses, excludes t...Read More
The Democratic Republic of Congo's state-owned miner, G?(C)camines, is calling the government to update the 16-year-old mining code, arguing it currently benefits foreign firms more than local producers or the country itself.The company, which is heavily indebted and has consistently failed to meet production targets as of late, said in a statement it was evident the World Bank-supported Mining C...Read More
A South African tribal leader has agreed to a more transparent structure for a 175 million rand ($14 million) community trust funded by Anglo American Platinum (Amplats), a move that aims to curb unrest around the firm's most profitable mine.The changes relate to the Mapela Trust, which was set up to fund development projects in communities around Amplats' Mogalakwena operation, the world's larges...Read More
Technical analyst Jack Chan charts the latest movements in the gold and silver markets, noting a falling dollar is supportive for metal prices.Read full newsRead More
OPEC's strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industry's supply chain: the fleet of supertankers that shuttle fuel between continents.Read full newsRead More
Some of the smaller industry players also rose more than 75%. But is there still room to keep growing?Read full newsRead More
(The opinions expressed here are those of the author, a columnist for Reuters)Read full newsRead More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
Operatives will comb through each episode of every season of 'The Oprah Winfrey Show.'Read full newsRead More