Lithium Chile (LITH.V) seems to have completed its early exploration activities and as the company has identified multiple brine areas at its Ollague and Atacama lithium projects in Chile, LITH is gearing up to get a drill program going as soon as possible to test these high-priority targets.Exploration never has a certain outcome: sometimes you hit what appears to be a home run (Millennial Lithiu...Read More
AngloGold Ashanti (JSE:ANG) CEO Srinivasan Venkatakrishnan has resigned after accepting an offer to become CEO of Vedanta Resources (LSE:VED).Staff reporterSrinivasan Venkatakrishnan will move from AngloGold to Vedanta at the end of August16 APRIL 201816/04/2018commentsshareHe has spent 18 years at the company, first as CFO and then as CEO in the past five years, and will leave at the end of Augus...Read More
Tanzania miner Shanta Gold (AIM:SHG) has managed a profit despite the new Tanzania mining rules, a major capital project and new CEO. New Luika underground delivered despite some grade issues in 201816 APRIL 201816/04/2018commentsshare On production of just under 80,000 ounces of gold in 2017, Shanta brought in EBITDA of US$37.7 million (a 24.5% drop on 2016) and an after tax profit of $4.2 millio...Read More
M2 Cobalt's (MC.V) exploration program in Uganda is in full swing as the airborne and ground survey on the Bombo target (part of one of the Bujagali exploration licenses) has been completed and the crews have moved onto the copper-cobalt-gold zone on another Bujagali exploration license.A total of 3,000 samples have now been taken (1,348 at Exploration License 1666 and 1,747 samples at EL 1665), a...Read More
Evrim Resources Corp. (TSXV:EVM), a gold explorer, surged after announcing drill results that included 13.61 g/t gold over 106.2 metresSean Mason | April 16, 2018 | SmallCapPowerPotential 'bonanza' grade drill results sent shares of a gold explorer surging Monday. Here's some small stocks making big moves on Monday, April 16, 2018 (as of 4 pm EST):Evrim Resources Corp. (TSXV:EVM) shares powered...Read More
Anthony Milewski, Chairman and CEO of Cobalt 27 Capital, at the company’s cobalt warehouse in Rotterdam, The Netherlands. Photo courtesy Cobalt 27 Capital Corp.Cobalt 27 Capital Corp. [KBLT-TSXV, 270-FSE], owner of the world's largest stockpile of cobalt, said it is in talks with Chinese companies who are seeking to secure supplies of the metal which is used to manufacture electric vehicle b...Read More
MedReleaf Corp. (TSX:LEAF) said it has completed the purchase of one million sq. ft. of existing greenhouse infrastructureSmallCapPower | April 16, 2018: MedReleaf Corp. (TSX:LEAF) shares jumped nearly 10% on Thursday after the Company announced completion of the purchase of a 164-acre property at Exeter, Ontario, comprising one million sq. ft. of existing greenhouse infrastructure on a 69-acre pr...Read More
Our Ubika Battery Metals Index fell during the past two months, though, along with most other battery metals stocksThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?The Ubika Battery Metals Index is down 13% since our last report dated February 12, 2018, underperforming its benchmarks, the TSX-V Index and the Global X Lithium and Battery ETF, which decreased 4% and 6%,...Read More
Chinese domestic ferro-silicon prices stabilized last week, with production cuts and a sudden jump in ferro-silicon futures on the Zhengzhou Commodity Exchange supporting the free market. China garners production, futures support Europe awaits tenders results US ends six-week losing streak Metal Bulletin assessed Chinese domestic spot ferro-silicon (basis 75% silicon) prices uncha...Read More
It's been seven years since the last big rally in precious metals. But the U.S. dollar and fiat currencies are in trouble, hinting that gold and silver prices could again go screaming higher.As I explained last week, a collapse of the U.S. dollar is inevitable. The U.S. Dollar Index has been bouncing off of four-year lows for the past several weeks. But this cannot last much longer with a global t...Read More
Abitibi Royalties Inc. (TSX-V: RZZ) owns various royalties, at the Canadian Malartic Mine, Canada's largest gold mine, that covers portions of Odyssey, East Malartic, Barnat Extension, Gouldie/Charlie zones and all of the Jeffrey zone.In addition, the Company is building a portfolio of royalties on early stage properties near producing mines. We learned from Mr. Ian Ball, President and CEO of Abit...Read More
Chinese silicon export prices edged lower on weak consumption, while European prices followed China down and US prices dropped on the US International Trade Commission's (ITC) ruling against anti-dumping and countervailing duties on imports from key suppliers.Chinese grade-553 silicon export prices moved down to $1,900-1,960 per tonne on April 13, from $1,940-1,980 per tonne one week ago. Cheap ma...Read More
The Canadian stocks on our list could be impacted by new sanctions or a potential military conflict with RussiaSmallCapPower | April 16, 2018: Following U.S. President Trump’s tweets regarding a prospective attack on Syria and new U.S. sanctions, the Russian ruble has fallen to a 16-month low. Many companies operating in Russia have also seen declines, with companies such as Kinross Gold (TS...Read More
April 16, 2018 (Investorideas.com Newswire) The common shares of Sixty North Gold Mining Ltd. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date.The Issuer is engaged in the acquisition and exploration of mineral properties.The Issuer's principal exploration target is the exploration of gold in the Northwest Territori...Read More
Turkish steel producers continued their deep-sea scrap purchases for May on Monday April 16 but the prices have gone down slightly following the latest bookings, Metal Bulletin has heard.A steel mill in the Iskenderun region booked a European cargo, comprising 12,000 tonnes of HMS 1&2 (75:25) at $342 per tonne and 12,000 tonnes of bonus at $362 per tonne cfr, late on April 13.Another steel mill in...Read More
A few years ago, a cop came to my home and asked whether I would like to get my passport on time. I said, "Yes", and slammed the door, smiling. I didn't know he wanted a bribe.For much of my life, I didn't know people don't always mean what they say. A normal child knows this at the age of 4, but I was 26 when I came to terms with this. I take words literally, and this was at the root of most prob...Read More
Vancouver, British Columbia - April 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Arctic Star Exploration Corp. (TSXV: ADD) (OTCQB: ASDZF) (FSE: 82A1) ("Arctic Star" or the "Company") is pleased to announce that it has received diamond results from caustic fusion analyses on the recent kimberlite discoveries within the 100% owned Timantti Diamond Project in Finland (the "Project"), namely...Read More
Turkish domestic ship scrap prices have slightly increased with the latest uptick in imported scrap costs, while auto bundle scrap prices have remained comparatively steady over the past week, sources said on Monday April 16.Metal Bulletin's weekly price assessment for melting scrap from shipbreaking in the Turkish domestic market was $341-352 per tonne delivered, widening upward from last week's...Read More
April 16, 2018 (Investorideas.com Newswire) Craig Stanley, an analyst at Eight Capital, reported this company's production figures and discussed the potential for expansion at its Mali mine.Following B2Gold Corp.'s (BTG:NYSE; BTO:TSX; B2G:NSX) Q1/18 production beat, Eight Capital increased its target price on the Buy-rated company to CA$5.40 from CA$4.75 per share, as reported in an April 11, 2018...Read More
April 16, 2018 (Investorideas.com Newswire) Michael Curran, an analyst with Beacon Securities Ltd., provided the investment thesis for this recent spinout company.An April 10 research note indicated that Beacon Securities Ltd. initiated coverage on Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) with a Speculative Buy rating and a CA$0.90 per share price target. The stock is currently trading at aro...Read More