South Africa's Kumba Iron Ore reported a 4 per cent increase in overall production in the first quarter that ended March 31, 2018.In a press release, Anglo American's (LON:AAL) subsidiary revealed that the growth was driven entirely by a 26 per cent increase at its Kolomela iron-ore mine, situated near Postmasburg town. The asset supplied 3.5 million tonnes of mineral during the first three months...Read More
FocusEconomics' April 2018 Consensus Forecast for Commodities shows a moderate downward trajectory for thermal coal in Q4 2018. Newcastle export prices are expected to drop to $88.00 a tonne because of new measures taken by the Chinese government to up production at domestic coal mines, suppressing the surge in import prices.Thermal coal prices peaked in January, reaching a one-year high of $109.0...Read More
Heap leaching has become a popular method of extracting gold, writes mining consultant Nicolaas C. Steenkamp and Leon Louw, writer, editor and specialist in African affairs and mining.Heap leaching is used to extract gold, copper, silver, uranium, and iodine. This method was first employed to extract copper at the Bluebird mine in the US in the early 1960s, and then by several gold mines in the we...Read More
I would have thought that after all of the fraudulent, illegal and unethical business activity for which Wells Fargo has endured, a situation placed in their lap by a concerned citizen would have received immediate attention. What's most appalling about the story below is the haughty indifference with which this potentially criminal complaint was treated by Wells Fargo employees. While Wells has r...Read More
Awal?(C) Resources (ARIC.V) has been notified by the authorities it has been granted a new gold permit in the Como?(C) district of Ivory Coast. This is the second permit of three application that form the Abengourou project, which now has a total surface area of 718 square kilometers.Awal?(C) has already started to do some work on the Abengourou project as it had previously been awarded the Amelek...Read More
The Mint Corporation (TSXV:MIT) intends to offer the blockchain-powered remittance solution to further deepen its relationship with licensed exchange house partners in the United Arab Emirates (UAE)SmallCapPower | April 25, 2018: The Mint Corporation (TSXV:MIT) announced on April 25, 2018, that its subsidiary, Mint Block Corp., is engaged in advanced discussions with a leading blockchain-powered p...Read More
Ashanti Gold Corp. (TSXV:AGZ), a gold explorer, moved higher after announcing that drilling will begin in May at its Kossanto East project in MaliSean Mason | April 25, 2018 | SmallCapPowerA drill program's beginning sparked interest in shares of a gold explorer Wednesday. Here's some small stocks making big moves on Wednesday, April 25, 2018 (as of 4 pm EST):Ashanti Gold Corp. (TSXV:AGZ) share...Read More
OTTAWA - NDP Leader Jagmeet Singh is accusing the federal Liberal government of rigging its review process in favour of the Trans Mountain pipeline expansion.And if he's wrong, Singh wants Prime Minister Justin Trudeau to release any and all documentation to prove otherwise.Singh and NDP energy critic Guy Caron have written to Trudeau about media reports that suggest the government had decided...Read More
The Canadian oil and gas stocks on our list could continue to see strong returns should the rally in crude become prolongedSmallCapPower | April 25, 2018: Oil prices have reached their highest point since late 2014, with WTI crude oil rising from US$63/barrel to US$69/barrel MTD, up from US$60/barrel at the start of the year. The Trump administration is widely expected to place further sanctions o...Read More
Vancouver, British Columbia - April 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that it has completed its analysis of the current status of the CuMo Project and based on the results of the recently announced updated Preliminary Economic Analysis has outlined a drill program for the upcom...Read More
Gambling rules in the US are inconsistentOnline gambling has produced even more grey areasFor now, online gambling is legal in four statesThe US's regulated gambling industry makes at least $41bnPresident Trump is yet to reveal his official stance on gamblingAmerica is a strange place when it comes to gambling. Like a lot of America’s laws, gambling changes from state to state, with local go...Read More
Vancouver, British Columbia - April 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) WPC Resources Inc. (TSXV: WPQ) (the "Company" or "WPC")is pleased to announce it has made a $400,000 cash payment to Mandalay Resources Corporation ("Mandalay") in accordance with the terms of the New Ulu Property Option Agreement (the "Agreement").Under the Agreement the Company can acquire a 100% interest...Read More
Vancouver, British Columbia - April 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Rise Gold Corp. (CSE: RISE) (OTCQB: RYES) ("Rise Gold" or the "Company") is pleased to announce that exploration drilling has resumed at the Idaho-Maryland ("I-M") Gold Project.The Company previously announced the assay results from drill hole B-17-01 ("the Drillhole"), the first drill hole of the exploratio...Read More
"The greatest evil is not now done ... in concentration camps and labour camps. In those we see its final result. But it is conceived and ordered (moved, seconded, carried, and minuted) in clean, carpeted, warmed and well-lighted offices, by quiet men with white collars and cut fingernails and smooth-shaven cheeks who do not need to raise their voices. Hence, naturally enough, my symbol for Hell i...Read More
Goldfinger Strikes, Sort OfThis week, we saw a tweet from a prominent goldbug. He said, "Russia added another 9 tons of gold to its reserves in March. The hits just keep coming." How many errors in this short quip? We count six, exactly one error for every two words. This one's got everything: Smersh, Spectre, Putler and Pussy Galore! [PT] One, we call this the fallacy of the famous market actor...Read More
April 25, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold discusses Bonterra's latest gold recovery tests.The value of gold as an insurance policy grows with each passing day. The idiots in Washington, London and Paris known well for their gnashing of teeth and wailing while generating gallons of crocodile tears over a false flag attack in Syria are rolling the dice on a game of World W...Read More
April 25, 2018 (Investorideas.com Newswire) Gerardo Del Real, editor of Resource Stock Digest, sits down with Maurice Jackson of Proven and Probable to discuss some of his resource picks.Maurice Jackson: Gerardo, please share your background and tell us about Resource Stock Digest.Gerardo D.: I've been involved in the resource space in one way or another for just a little over a decade, about 11 y...Read More
Former Google executive Richard Wooldridge has joined Tel Aviv-based automated drone start-up Airobotics as its chief operating officer. Wooldridge, who was also Motorola's vice president of global supply chain for more than five years, is expected to contribute extensive hardware manufacturing and supply chain management experience to Airobotics' scale-up.Staff reporter25 APRIL 201825/04/2018comm...Read More
Power Americas Minerals Corp. (TSXV:PAM) has 3,300 hectares under its control in Ontario's Cobalt Camp and is looking to acquire morePeter Kennedy | April 25, 2018 | SmallCapPower: One of Canada's oldest mining camps is witnessing a rebirth as mining companies jockey for position near the town of Cobalt, Ontario.While the exploration rush is still in its early phases, one of the companies that hop...Read More
Harold Korell, a graduate of Colorado School of Mines and former CEO and chairman of Southwestern Energy Co., will be the keynote speaker at the Mines Spring 2018 Undergraduate Commencement ceremony on Friday, May 11. Korell led Southwestern Energy in its discovery and development of the Fayetteville Shale in Arkansas, one of the pioneering developments of "shale plays" in North America and the w...Read More