The Saramacca Project, located 25 km southwest of its Rosebel Gold Mine in Suriname, South America. Source: IAMGOLD Inc.IAMGOLD Corp. [IMG-TSX, IAG-NYSE] on Wednesday February 28 released an update form its Phase 11, 2017 drilling program at the Saramacca Project, located 25 km southwest of its Rosebel Gold Mine in Suriname, South America.The announcement comes six months after the company reporte...Read More
Agreement strengthens Aurora Cannabis Inc. (TSX:ACB) domestic distribution and complements its strong international networkSmallCapPower | February 28, 2018: Aurora Cannabis Inc. (TSX:ACB) announced on Tuesday that it has inked a supply deal with Shoppers Drug Mart, Canada's largest pharmacy chain with over 1,300 retail stores nationwide. As per the agreement, Aurora Cannabis will supply Shoppers...Read More
The Jamalco alumina refinery at Clarendon in Jamaica will end its reliance on oil within the next two or three years when it converts to using natural gas, its managing director has said.A new heat and power facility, developed through a joint agreement with New Fortress Energy, will produce 100 MW of energy, of which 94 MW will be exported to the country's grid, Austin Mooney said."The natural ga...Read More
GIA certified 0.14 carat fancy vivid orangey yellow round brilliant diamond from the Q1-4 kimberlite at North Arrow's Naujaat Diamond Project, Nunavut. Source: North Arrow Minerals Inc.North Arrow Minerals Inc. [NAR-TSXV; NHAWF-OTC] on Wednesday February 28 reported final diamond recoveries from a 309.8-tonne mini bulk sample collected in July 2017 from the diamondiferous Q1-4 kimberlite at th100%...Read More
The environment secretariat in Brazil's northern state of Par?? has ordered Hydro to cut by 50% the production of calcine alumina at its Alunorte refinery, the Norwegian aluminium producer said on Wednesday February 28. The reduction must be completed by March 1, the secretariat determined. A failure to meet the deadline will mean a daily fine of nearly 500,000 Brazilian Reais ($154,664). While it...Read More
Don Taylor, Chief Operating Officer at Arizona Mining will win the PDAC 2018 Thayer Lindsley Award. Source: Arizona Mining Inc.Don Taylor, Chief Operating Officer at Arizona Mining Inc. [AZ-TSX] won the 2018 Thayer Lindsley Award for the discovery of the Taylor lead-zinc-silver deposit in Arizona. In early 2017, the company released a preliminary economic assessment (PEA), confirming that Taylor i...Read More
Vale is reevaluating its plans for its Vale New Caledonia nickel project due to its improved results and the positive impact of higher cobalt prices, chief executive officer Fabio Schvartsman said on Wednesday February 28."We are waiting to see where things are going to move forward to in order to make a decision in the VNC situation," he told analysts during a conference call. "It is clear that t...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Amerigo Resources Ltd. (TSX: ARG) is an innovative copper producer that produces copper concentrates at its 100% owned MVC operation, in Chile, by processing fresh and historic tailings from Codelco's El Teniente mine, the world's largest underground copper mine. MVC has a twenty-five year track record of producing copper safely and profitably and, unlike conventional mines, MVC is not subject to...Read More
Metal Bulletin has launched two assessments to track spot and annual refining charges (RC) for blister copper imported to China following a month-long consultation. Blister copper, an intermediate copper product used by smelters for refined copper production, is known as one of the first options for scrap replacement. Import volumes of the increasingly popular blister copper, together with anodes,...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop CSE New Listing - Generic Gold Corp. (GGC); @CSE_News February 28, 2018 (Investorideas.com Newswire) The common shares of Generic Gold Corp. have been approved for listing on the CSE.Listing and disclosure documents will be available at www.thecse.com on th...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Cruz Cobalt (TSXV: CUZ) (OTC Pink: BKTPF) Initiates Drill Permit Process for Idaho Cobalt Prospect Vancouver, British Columbia - February 28, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cruz Cobalt Corp. (TSXV: CUZ) (OTC Pink: BKTPF) (FSE: A2DMG8) is...Read More
Via Sovereignman.comWe've all seen the headlines: the cost of university education in the United States has become completely debilitating. And student debt keeps rising to record high levels.It's almost commonplace now for a 22-year old to graduate from university with $50,000+ in student debt.According to data from the Federal Reserve, the total amount of student debt in the United States is now...Read More
The Turkish steel mills stayed back from the scrap markets on Wednesday February 28, booking no deep-sea cargoes, but they are expected to secure more transactions for April, Metal Bulletin was told.Scrap prices were also expected to increase further, amid strong demand from the country's steel producers."I hear that a number of mills are looking for material for April now. I think we will continu...Read More
Via Soveriegnman.comEarlier this month, the United States government released its annual financial report for the year 2017.This is something the government does every year, similar to how large companies like Apple, or Warren Buffett's Berkshire Hathaway, publish their own annual reports.Unlike Berkshire and Apple, though, whose financial reports typically show strong, positive results, the US...Read More
CloseGain/LossGold $1317.60-$1.00Silver$16.39-$0.03XAU78.27-0.89%HUI171.87-0.69%GDM597.17-1.04%JSE Gold1068.95-14.91USD90.63+0.23Euro122.00-0.33Yen93.83+0.56Oil$61.64-$1.3710-Year2.862%-0.039T-Bond144.50+0.9375Dow25029.20-1.50%Nasdaq7273.01-0.78%S&P2713.83-1.11% The Metals: Gold chopped in a relatively tight range of $1322.40 to $1316.00 and ended with a loss of just 0.08%. Silver rose to...Read More
Comex copper prices softened in the US morning on Wednesday February 28, with a stronger dollar and lower-than-expected Chinese data weighing on the base metals complex. Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 3.10 cents or 1% to $3.1555 per lb. Earlier, the contract touched $3.1525, the lowest since February 13. Earlier this morning, China's manufa...Read More
Jordan Roy-Byrne of TheDailyGold.com shares why he thinks a drop in the gold stocks to the December 2016 low would be good for the sector.Read More
By Jordan Roy-Byrne CMT, MFTA Gold was well bid during the equity correction but it could not breakout then and has retreated as equities have roared back. As a result, the Gold to stocks ratio has retraced most of its recent surge. Meanwhile, the US Dollar has rebounded and the oversold and overhated bond market could be starting a rally. The recent rise in long-term bond yields which has bene...Read More