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Congress Leaders Seek To Finalize $1.3 Trillion Spending Bill

March 20, 2018 / www.kitco.com

Susan Cornwell, Richard CowanWASHINGTON (Reuters) - U.S. lawmakers sought to reach agreement on Tuesday on a massive government spending bill that Congress hopes to pass by Friday, with immigration issues such as President Donald Trump’s border wall a stumbling block in the negotiations.U.S. House of Representatives Speaker Paul Ryan said he expected lawmakers to finish writing the $1.3 tril...Read More

Skeena upsizes private placement offering to $8.4 million

March 20, 2018 / resourceworld.com

The 440 portal vent door at the past-producing Snip Mine in BC's Golden Triangle region. Source: Skeena Resources Ltd.In a March 19, 2018 press release the company said the offering will now consist of the sale of approximately 9,139,451 units and approximately 4,223,572 flow-through common shares, to raise aggregate gross proceeds of approximately $8.4 million.Skeena is a junior Canadian mining e...Read More

LORD COPPER: Traders could hold the key to unlocking a lithium benchmark price

March 20, 2018 / www.metalbulletin.com

Would-be lithium traders could learn from the development of the copper concentrate pricing structure to open the battery raw material to greater pricing transparency and liquidity, Lord Copper suggests. In the metals business, we are accustomed to a particular form of price discovery that has largely stood the test of time, even through technological change and development. Despite occasional mut...Read More

Namaste Technologies Stock Jumps on Cannabis License Update

March 20, 2018 / smallcappower.com

Namaste Technologies Inc. (CSE:N) expects to become an all-inclusive online cannabis marketplace after the receipt of a production licenseSmallCapPower | March 20, 2018: Namaste Technologies Inc. (CSE:N) late Friday announced that its wholly-owned subsidiary, Cannmart Inc., has obtained the production license under Access to Cannabis for Medical Purposes Regulations (ACMPR). According to the guide...Read More

Siemens invests US$39M in 3D printing

March 20, 2018 / www.mining-journal.com

Germany's Siemens is making a US$39 million investment to expand 3D printing at its UK "global centre of excellence" for manufacturing parts for the aviation, automotive, and power generation markets.Staff reporter20 MARCH 201820/03/2018commentsshareThe company bought 85% of Worcester-based Materials Solutions in 2016, describing the business as a pioneer in the use of selective laser melting (SLM...Read More

Dollar broadly higher as investors focus on Fed meeting

March 20, 2018 / www.kitco.com

NEW YORK (Reuters) - The dollar rose to a nearly three-week high against a basket of major currencies on Tuesday, as investors awaited clues from the Federal Reserve on its outlook for the U.S. economy and how many interest rate increases it may embark on in 2018.The futures market implied traders widely expected Fed policymakers would raise key borrowing costs by a quarter point to a target range...Read More

Dynacor Peruvian gold production up 19.4% in February

March 20, 2018 / resourceworld.com

The Dynacor Veta Dorada gold processing plant in Peru. Source: Dynacor Gold Mines Inc.The latest monthly production is similar to the February, 2017, production of 6,733 ounces, an amount that was attributable to the abnormally high-grade ore processed.Dynacor Gold Mines is a Montreal, Quebec-based company engaged in exploration as well as production through its government-licensed ore processing...Read More

U.S. gives $2.5 million emergency aid for Venezuelans fleeing to Colombia

March 20, 2018 / www.kitco.com

WASHINGTON (Reuters) - The United States will provide $2.5 million in food and medical aid to Venezuelans fleeing their economically-crippled country to neighboring Colombia and is poised to help other countries if the situation worsens, U.S. officials said on Tuesday.It is the first funding by the U.S. government’s main aid agency to help Venezuela’s neighbors deal with the influx of...Read More

Nova Leap Health (TSXV:NLH) is on Pace to Achieve 2018 M&A Growth Plan

March 20, 2018 / smallcappower.com

Nova Leap Health Corp. (TSXV:NLH) actual annual revenue run rate is expected to approach US$9 millionSmallCapPower | March 20, 2018: Nova Leap announces a definitive agreement to make its second acquisition in 2018. On March 19, 2018, Nova Leap Health Corp. (TSXV:NLH) announced it has executed a definitive agreement to acquire a home care services company located in New England for US$1.2 million...Read More

GLOBAL VANADIUM WRAP: Chinese suppliers raise offer prices on limited stocks; European ferro-vanadium market finds temporary stability

March 20, 2018 / www.metalbulletin.com

Chinese vanadium suppliers pushed up their offer prices considerably last week, after the market continued to be supported by low availability of stocks. Chinese suppliers elevate offers on thinning inventories European ferro-vanadium market stabilizes temporarily amid spot demand slowdownUS ferro-vanadium market quiet, but further gains expected after strong late week dealsChinese vanadium export...Read More

Why World Central Banks Hold Gold - In their Own Words.

January 01, 1970 / www.bullionstar.com

Collectively, the central bank sector claims to hold the world's largest above ground gold bar stockpile, some 33,800 tonnes of gold bars. Individually within this group, some central banks claim to be the top holders of gold bullion in the world, with individual holdings in the thousands of tonnes range.This worldwide central bank group, also known as the official sector, spans central banks (suc...Read More

EU response to U.S. tariffs will be 'responsible': EU's Tusk

March 20, 2018 / www.kitco.com

BRUSSELS (Reuters) - The European Union will respond to U.S. tariffs imposed on steel and aluminum in a “responsible and reasonable” way, the chairman of EU leaders said in a letter published on Tuesday.EU leaders will discuss the threat of a trade war at their summit on Thursday and Friday, by when they should know if the United States has been willing to exempt the European Union fro...Read More

Selenium prices climb to three-year high on tightening availability, Asian appetite

March 20, 2018 / www.metalbulletin.com

Selenium prices surged last week in Europe, reaching their highest level since February 2015 on continued material tightness and healthy Asian demand.Metal Bulletin assessed selenium free market in-warehouse prices at $22-24.5 per lb on Friday March 16, steady on Wednesday's assessment when the quotation rose by 6.9% to a level last seen in February 2015. "It's the perfect storm - India's hea...Read More

Most actively traded companies on the TSX

March 20, 2018 / www.canadianinvestor.com

Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,616.36, up 26.97 points)First Quantum Minerals Ltd. (TSX:FM). Miner. Down $2.54, or 12.37 per cent, to $18.00 on 9.5 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 50 cents, or 4.63 per cent, to $10.30 on 8.6 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail e...Read More

In Defense of Facebook

March 20, 2018 / www.energyandcapital.com

At some point, Facebook (NASDAQ: FB) went from a social networking site that folks used to share pictures of their vacations and stalk their exes to the biggest news source on the planet.For the past couple of years, I've heard a number of experts opine on why most people get their news from Facebook. Most of it seems to be because their family members and friends share it.But I don't trust my fam...Read More

Most actively traded companies on the TSX

March 19, 2018 / www.canadianinvestor.com

Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,589.39, down 121.94 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 15 cents, or 1.37 per cent, to $10.80 on 9.6 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.53 per cent, to $3.77 on 7.98 million shares.Neovasc Inc. (TSX:NVC). Medical de...Read More

Rathdowney Resources Ltd. - TSXV: RTH Developing the Olza Zinc-Lead-Silver Project in Poland

March 19, 2018 / www.metalsnews.com

Rathdowney Resources Ltd. (TSXV: RTH) is a Canadian company whose primary focus is developing and permitting its flagship, 100%-owned Olza zinc-lead-silver development project in Poland. Rathdowney is committed to creating value for its shareholders and advancing Olza by having invested +C$25M into exploration and development activities. We learned from Roger Blair, Vice President of investor rela...Read More

New Fed Head to Lie to Us

March 20, 2018 / www.energyandcapital.com

It is a bleak day here on Wall Street. It is cold, too. The wind blows, and the talk on the radio is of a late March snowstorm.Yesterday, all the major indices were down. The Dow 30 was off by 437 points, and the Nasdaq was down 188.It seems the market is concerned with some shenanigans at Facebook (NASDAQ: FB), which has dropped more than $40. CNNTech writes:Facebook is facing an existential c...Read More

Fed Could Drop Its 'Hawkish Instincts' And Help Gold Break Out

March 19, 2018 / www.kitco.com

(Kitco News) - There is a chance that the Federal Reserve might keep its “hawkish instincts” at bay on Wednesday, allowing gold to break out from its narrow trading range, TD Securities said in a report.“The probability of another rate hike is being priced at nearly 100%,” head of commodity strategy at TD Securities Bart Melek said in a report published on Monday. “Gi...Read More

Drilling Extends Vertical Depth at Colombia Gold Mine

March 20, 2018 / www.investorideas.com

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Drilling Extends Vertical Depth at Colombia Gold MineSource: Streetwise Reports March 20, 2018 (Investorideas.com Newswire) Drilling at a producing gold mine in Colombia is extending the depth of the mine.Red Eagle Mining Corp. (R:TSX; RDEMF:OT...Read More

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