LONDON/MOSCOW, June 4 (Reuters) - In a bid to free Rusal from U.S. sanctions, the independent directors of the company controlling Russia's biggest aluminium producer have hired Rothschild to advise on the sale of billionaire Oleg Deripaska's stake, a source said.Deripaska and the biggest firms in his empire, including Rusal and holding company En+, were included in April's U.S. Treasury Departmen...Read More
OTTAWA, June 4 (Reuters) - Canada's cabinet on Monday discussed how to protect the domestic steel and aluminum industry from U.S. tariffs, just hours ahead of a scheduled meeting between Prime Minister Justin Trudeau and domestic industry leaders.U.S. President Donald Trump last week unveiled a 25 percent tariff on Canadian steel and a 10 percent tariff on aluminum, citing national security reason...Read More
Mr. Brett Heath reportsMETALLA DECLARES MONTHLY DIVIDENDMetalla Royalty and Streaming Ltd.'s board of directors has approved and declared a monthly cash dividend payment of 0.15 cent per share for July, August and September on its common shares for the upcoming quarter (subject to any applicable tax withholding obligations).Brett Heath, Metalla's president and chief executive officer, commented: "...Read More
BEIJING, June 4 (Reuters) - Aluminum Corp of China , known as Chinalco, at the weekend said it had started work on a $1.3 billion expansion of its Toromocho copper mine in central Peru. The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually, Chinalco Chairman Ge Honglin said at a groundbreaking ceremony in Peruvian ca...Read More
Gold mine owners have polluted a river in Brazil's Tapaj??s basin and placed a price on the heads of resisting Munduruku leaders. A federal raid in May failed to stem the conflict.Read full newsRead More
Commercial banks are putting gold into Turkey's central bank to help deal with rapid inflationRead full newsRead More
Tanzania will issue large-scale mining licences only after cabinet approval, a senior official said on Friday, part of new measures aimed at further tightening control of the industry.Read full newsRead More
Mr. Nav Dhaliwal reportsBONTERRA FURTHER EXTENDS THE GLADIATOR GOLD DEPOSIT TO THE WEST INTERSECTS 34.3 G/T AU OVER 2.8 M IN THE NORTH ZONEBonterra Resources Inc. has released the latest drilling results from the continuing resource development program at the Gladiator gold deposit, including an intersection of 34.3 grams per tonne gold over 2.8 metres, which further extended the south zone to the...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The INK Canadian Insider index began last week with a continued correction that saw it successfully retest its 50-day moving average at 1280 before catapulting as high as 1303.10. However, the 1300 level proved too challenging to overcome for an extended period, and the Index pulled back...Read More
Miners and those close to the industry might know times are much improved but a new research report lays out why gold miners are still under-supported on the world's stock markets.When it rains, it pours: global catastrophe could send gold to $5,000/oz an ounce, says Incrementum04 JUNE 201804/06/2018commentsshare Gold bulls extraordinaire at Incrementum AG have laid out a major case for gold compa...Read More
Havilah Resources (ASX: HAV) has implemented the first transaction in its copper-cobalt strategy with the A$14.7 million sale of the Portia gold project in South Australia.Staff reporter CMC MD Steve Radford (left) and Havilah CEO Water Richards shake on Portia deal04 JUNE 201804/06/2018commentsshare Consolidated Mining and Civil (CMC), which is already a profit sharing partner at the Portia gold...Read More
The world's biggest mining equipment supply listing comes into full public view this month, via Stockholm's Nasdaq exchange, with Epiroc about to provide a new and unique gauge of investor appetite for a sector capital and operating expenditure surrogate. Stand-by for a ramp-up in marketing activity.Staff reporter Epiroc about to enter investment spotlight04 JUNE 201804/06/2018commentsshareExecuti...Read More
Pan American's Dolores gold-silver mine in Chihuahua, Mexico. Source: Pan American Silver Corp.Pan American Silver Corp. [PAAS-TSX, NASDAQ] on Monday June 4 said the security situation at its Dolores Mine in Chihuahua, Mexico is improved following increased patrols and enforcement by Mexican Authorities.Road transport of diesel fuel, cement and other supplies to the mine has now resumed. The comp...Read More
Diamond drilling on GGX Gold's Gold Drop property near Greenwood, southern British Columbia. Source: GGX Gold Corp.GGX Gold Corp. [GGX-TSXV; GGXXF-OTC] on Monday June 4 said it has completed two diamond drill holes on the COD vein, located on the SouthWest Zone at the company's Gold Drop property in southern British Columbia.GGX Gold shares advanced on the news, rising 4.35% or $0.005 to 12 cents...Read More
When I was a kid, electric vehicles were a part of some futuristic urban landscape in my imagination. There were giant skyscrapers gleaming white over a verdant city that was cut in the center by a monorail, with drivers passing silently by a clean, blue river... perhaps under an enormous glass dome... perhaps on another planet.You might have had similar thoughts about electric vehicles, too. But...Read More
June 4, 2018 (Investorideas.com Newswire) James Kwantes, editor of Resource Opportunities, speaks with Ken Armstrong, the CEO of one of the more active diamond companies globally.Vancouver-based North Arrow Minerals Inc. (NAR:TSX.V) is one of the more active diamond exploration companies globally, with a portfolio of projects focused on Canada. Its most advanced-stage project is the large Naujaat...Read More
June 4, 2018 (Investorideas.com Newswire) Matthew Gili, CEO of Nevada Copper, speaks to Maurice Jackson of Proven and Probable about the company's plans to go into production.Maurice Jackson: Today we will highlight the next mid-tier production company. I'm speaking of Nevada Copper Corp. (NCU:TSX; NEVDF:OTC.MKTS), North America's next copper producer. Joining us for a conversation is Matthew Gili...Read More
Vancouver, British Columbia - June 4, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company" or "Tudor Gold") today announced that the work completed so far on the Copper Belle Zone located within the Treaty Creek property, in the "Golden Triangle", of north-western British Columbia is most encouraging. Another 8 to 16 holes to depths of greater t...Read More
Toronto, Ontario - June 4, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") reports that Mr. Allan Folk has resigned as Interim CEO, effective June 1, 2018. Mr. Folk will remain as Director of the Company. The Board of Directors would like to thank Mr. Folk for his contributions to date and the Company looks forward to his continued...Read More
Vancouver, British Columbia - June 4, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Megastar Development Corp. ("Megastar", the "Company" or "MDV") (TSX-V: MDV; Frankfurt: M5QN) is pleased to announce that further to signing a Definitive Option Agreement to acquire 100% undivided interest in the Rama de Oro project, located in the state of Oaxaca, Mexico (see press release dated May 10, 2018)...Read More