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Bankers Cobalt's DRC project returns 6 metres of 3.6% copper

April 09, 2018 / resourceworld.com

Bankers Cobalt project claim map, Democratic Republic of Congo. Source: Bankers Cobalt Corp.Bankers Cobalt Corp. [BANC-TSXV; BC2-FSE] said it has discovered elevated cobalt and copper in soil sampling at the Kabolela South project in the Democratic Republic of Congo.Bankers Cobalt is a cobalt and copper exploration and development company focused on advancing a portfolio of permitted concessions i...Read More

"We are operating 3 concentrators simultaneously, an unprecedented situation"

April 09, 2018 / www.mining-journal.com

Escondida operator BHP (AU:BHP) has officially opened a new US$3.43 billion desalination plant which it says will help maintain output at the world's largest copper mine in Chile.Staff reporterBHP officially opens Escondida's new desal plant09 APRIL 201809/04/2018commentsshareThe project is part of the company's plans to stop using fresh water altogether in Chile from 2030.The new 2,500l/s plant i...Read More

Cannabis Wheaton Could Become a Maritimes Force

April 09, 2018 / smallcappower.com

During the past week, Cannabis Wheaton Income Corp. (TSXV:CBW) said it would acquire two pending cannabis producers located in Eastern CanadaSmallCapPower | April 9, 2018: Cannabis Wheaton Income Corp.'s (TSXV:CBW) last two announced acquisitions appear to be positioning the Company as a force to be reckoned with in Canada's Maritime provinces. On April 9, 2018, Cannabis Wheaton said it would acq...Read More

GLOBAL MANGANESE WRAP: Low grade prices recover some losses on miners' offers

April 09, 2018 / www.metalbulletin.com

Low grade manganese ore prices clawed back some recent losses on Friday April 6, boosted by producer offers at pre-Easter levels. Low grade prices rebound after sharp decline  High grade prices keep sliding  Chinese domestic alloy prices hold during QingmingMetal Bulletin's 37% manganese ore index, cif Tianjin rose 17 cents to $8.06 per dry metric tonne unit (dmtu). Metal Bulletin's 37%...Read More

Kinder Morgan stalls Trans Mountain spending, delivers ultimatum

April 09, 2018 / resourceworld.com

Proposed Kinder Morgan Trans Mountain twinned pipeline expansion project. Source: Kinder Morgan.In spite of assurances last week from Prime Minister Justin Trudeau, who said the pipeline "will get built," the company said the decision was prompted by continued opposition by the British Columbia government and lack of clarity about the way ahead for the $7.4 billion project, which the company said...Read More

Gold Explorer Surges on Exploration Results

April 09, 2018 / smallcappower.com

Evrim Resources Corp. (TSXV:EVM), a gold explorer, moved sharply higher after announcing exploration results from its Cuale gold project in MexicoSean Mason | April 9, 2018 | SmallCapPowerMore than a few speculators took a shine to a gold explorer Monday following promising drill results. Here's some small stocks making big moves on Monday, April 9, 2018 (as of 4 pm EST):Evrim Resources Corp. (...Read More

CRU/CESCO-SolGold going alone on Ecuador find despite partner interest

April 09, 2018 / www.kitco.com

* CEO says company able to go it alone on copper/golddiscovery Ecuador riskier than Chile, much less explored By Barbara LewisSANTIAGO, April 9 (Reuters) - SolGold has receivedadvances from a dozen big miners, including BHPand Vale , for its copper and gold discovery inEcuador, an executive said on Monday, but has rejected them todevelop the project alone.SolGold bucked a trend of a lack of new di...Read More

Most actively traded companies on the TSX

April 09, 2018 / www.canadianinvestor.com

Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,227.70, up 20.29 points)Neovasc Inc. (TSX:NVC). Medical devices. Unchanged at eight cents on 21.4 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 70 cents, or 8.64 per cent, to $7.40 on 11.5 million shares.Canopy Growth Corp. (TSX:WEED). Healthcare. Down $1.95, or 7.04 pe...Read More

Iceland's PCC BakkiSilicon to start silicon production this week

April 09, 2018 / www.metalbulletin.com

PCC BakkiSilicon will start producing silicon at its smelter in H??sav?-k on the north coast of Iceland on Wednesday April 11, an industry source told Metal Bulletin. The company, a subsidiary of German holding company PCC SE, has already tested production from the plant's two furnaces, each with an annual production capacity of 16,000 tonnes of silicon metal. "The ramp-up of production will start...Read More

4 Canadian Industrial Stocks at Risk from NAFTA Negotiations

April 09, 2018 / smallcappower.com

The Canadian industrial stocks on our list service U.S. auto companies and consumersSmallCapPower | April 9, 2018: Many American automotive companies produce their parts in Canada. The Trump administration, in its plans to renegotiate NAFTA, could target automotive parts in an attempt to move manufacturing jobs to the U.S. Changes to the agreement, or the revocation of the agreement entirely, coul...Read More

The Future of Cannabis Retail

April 09, 2018 / www.energyandcapital.com

I've been in the cannabis game for about four years now.And I've made a ton of money.I don't say this to chest-pound, by the way.This is merely an observation of truth, and a reminder to those who are looking to profit from the burgeoning legal cannabis industry that if you follow my advice, you're likely to do very well.Just ask those who took my advice to buy Canopy Growth Corporation (TSX: WEED...Read More

U.S. budget deficit to balloon on Republican tax cuts: CBO

April 09, 2018 / www.kitco.com

WASHINGTON (Reuters) - The U.S. budget deficit will balloon over the next few years mainly because of deep tax cuts approved in December by Republicans in the U.S. Congress and President Donald Trump, the nonpartisan Congressional Budget Office said on Monday.Despite stronger-than-predicted economic growth ahead, the CBO said the deficit will grow to $804 billion in fiscal 2018, which ends on Sept...Read More

Nevsun Resources Tops the Ubika Base Metals 20 Index

April 09, 2018 / smallcappower.com

Base metals interest cools, led by a falling copper priceThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?The Ubika Base Metals 20 Index eased 9% since our last report dated February 5, 2018, underperforming its benchmarks, the TSX-V and the Base Metal Juniors indices, which have declined 4% and 3%, respectively, over the same period. Notable performers for this report...Read More

INK Canadian Insider Index holds ground for second straight week

April 09, 2018 / www.canadianinsider.com

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index dipped to start the week, pulling back to its lower Bollinger band at 1230.48 before bouncing and getting further spring off its 200-day moving average near 1238. The Index then shot as high as 1266.54 before into week's end. By then, it held a gain of 1.57 points, fi...Read More

GLOBAL ANTIMONY WRAP: European market weakens further amid sluggish demand; Chinese prices stable in quiet market

April 09, 2018 / www.metalbulletin.com

Antimony prices remained under pressure last week in both Europe and China, amid sluggish demand and increasing availability.Metal Bulletin assessed the MMTA standard grade II antimony in-warehouse Rotterdam price at $8,450-8,550 per tonne on Friday April 6, unchanged from Wednesday's assessment, when prices moved down from $8,500-8,660 per tonne.The trioxide grade antimony price, in-warehouse Rot...Read More

China blames U.S for trade frictions, says negotiations currently impossible

April 09, 2018 / www.kitco.com

BOAO/BEIJING, China (Reuters) - China stepped up its attacks on the Trump administration on Monday over billions of dollars worth of threatened tariffs, saying Washington is to blame for trade frictions and repeating it was impossible to negotiate under “current circumstances”.The comments come after U.S. President Donald Trump on Sunday predicted China would take down its trade barrie...Read More

ML Gold (TSXV: MLG) Commences Drilling at Stars Project

April 09, 2018 / www.investorideas.com

Vancouver, British Columbia - April 9, 2018 (Newsfile Corp.) (Investorideas.com Newswire) ML Gold Corp. (TSXV: MLG) ("ML Gold" or the "Company") is pleased to announce it has recommenced its diamond drilling program at the Stars Property in Central BC. The current drilling program intends to test magnetic targets within the recently identified (approximately 1 kilometer in diameter) Central target...Read More

Stocks Rally Falters Late Amid Political Risks: Markets Wrap

April 08, 2018 / www.bloomberg.com

Tech strength drives equities higher, metals and oil gainChina said to weigh yuan depreciation; Hang Seng up over 1%Pelosky Global Advisors Sees a 'Real Opportunity in Small CapsThe rally in U.S. stocks faltered in the final hour of trading, with a report that federal agents raided the offices of President Donald Trump’s lawyer adding to the swoon. Equities finished higher on the strength o...Read More

The world's most powerful banker sees chance of "market panic"

April 09, 2018 / www.thedailybell.com

Via Sovereignman.comThe most powerful banker in the world, JPMorgan Chase CEO Jamie Dimon, just released his annual letter to shareholders.Behind Warren Buffett's annual missive, Dimon's letter is probably the most read and deliberated executive report out there.For one, Dimon is one of the most connected and respected men in finance.And given his bank's massive size (it earned $24.4 billion on $...Read More

DAILY SCRAP REPORT: Turkish mills fall quiet but May bookings 'will come'

April 09, 2018 / www.metalbulletin.com

The Turkish steel mills went quiet again in the deep-sea scrap markets at the beginning of this week, but they are still expected to book more scrap for May, sources said on Monday April 9.After booking a number of deep-sea cargoes in the past week, the mills stepped back from the market on April 6.But market participants expected more cargoes to change hands over the rest of the week, Metal Bulle...Read More

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