Macarthur Minerals Limited (TSXV:MMS) (the "Company" or "Macarthur Minerals") is pleased to announce it has acquired 100% of granted exploration license E45/4685 covering an area of 35 square kilometers in the Pilbara region of Western Australia ("Tenement"), as previously announced on November 6, 2017. The Tenement forms part of the Company's Hillside Gold Project.Read full newsRead More
Michael McNeilly, chief executive of Metal Tiger PLC (LON:MTR) tells Proactive the completed Pre-Feasibility Study on their joint venture project with partner MOD Resources Limited (ASX:MOD) in the Kalahari Copper Belt in Botswana for the T3 Open-Pit looks "very robust".He adds the PFS found that T3 offers a low-risk, low capital pathway to copper production.MOD Resources owns 70% of the Botswana...Read More
Feb 1 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,037.70 14.90 NZX 50**8,442.01 143.43DJIA26,236.17159.28NIKKEI**23,098.29-193.68Nasdaq7,433.25530.77 FTSE**7,533.55 -54.43S&P 500 2,830.72 8.29Hang Seng** 32,887.27279.98SPI 200 Fut 5,999.018.0STI** 3,533.99 -14.75SSEC**3,481.51 -6.50 KOSPI** 2,566.46 -1.28------------------------------------------------------------...Read More
Shares in Canada's Ivanhoe Mines fell sharply on Wednesday after lawmakers in the Democratic Republic of Congo, where Ivanhoe is advancing two major projects, voted in favour of new mining laws that immediately lifts a provision which exempted licence holders from compliance with the new code for 10 years.Ivanhoe Mines, headed by billionaire mining financier Robert Friedland, ended down 11.3% on t...Read More
Shares in Canada's Ivanhoe Mines fell sharply on Wednesday after lawmakers in the Democratic Republic of Congo, where Ivanhoe is advancing two major projects, voted in favour of new mining laws that immediately lifts a provision which exempted licence holders from compliance with the new code for 10 years.Ivanhoe Mines, headed by billionaire mining financier Robert Friedland, ended down 11.3% on t...Read More
By Manoj Kumar and Suvashree ChoudhuryNEW DELHI, Feb 1 (Reuters) - As India's government gets set to unveil its 2018-19 budget on Thursday, all eyes will be on whether the authorities stay the course on containing the fiscal deficit, or whether they throw caution to the wind with a populist set of spending priorities.Facing discontent at home over falling farm incomes and a backlash following poli...Read More
CEO Insights from the Vancouver Resource Investment Conference: Chilean Metals, Golden Predator, Falco Resources, Newrange Gold, Viva GoldRead full newsRead More
Continuing on with earnings season buzz, camera concern GoPro, Inc. (NASDAQ:GPRO) is expected to report its fourth-quarter earnings tomorrow, after market close. Below, we will take a look at how GPRO has performed on the charts recently, and what the options market has been pricing in for the stock's post-earnings action.From a broader perspective, GoPro stock has had a disappointing year on the...Read More
Miners and explorers knew that the Democratic Republic of Congo would be raising taxes and royalties, but were blindsided on Wednesday when lawmakers of the country voted in favour of an immediate lifting of a provision exempting licence holders of compliance with the new code for 10 years.That means mines and projects run by companies including Glencore, Randgold Resources, China Molybdenum, Eura...Read More
Miners and explorers knew that the Democratic Republic of Congo would be raising taxes and royalties, but were blindsided on Wednesday when lawmakers of the country voted in favour of an immediate lifting of a provision exempting licence holders of compliance with the new code for 10 years.That means mines and projects run by companies including Glencore, Randgold Resources, China Molybdenum, Eura...Read More
* Fashion retailer investing in tech, including for shops* Plans to roll out store technology to some partners - CEO* Staff of engineers at Farfetch growing to 1,600 in 2018* CEO Jose Neves declines to comment on IPO plans By Sarah WhiteLONDON, Jan 31 (Reuters) - London-based online fashion retailer Farfetch plans to roll out new technology to revolutionise shopping in stores in the coming months...Read More
ZURICH, Jan 31 (Reuters) - Ground services and cargo handling group Swissport, a unit of cash-strapped Chinese conglomerate HNA Group , has secured a 325 million euro ($403 million) financing commitment from Barclays to support its acquisition of Australian ground handler Aerocare, it said on Wednesday.The deal is now set to complete on March 7, it said.Swissport also said it was proceeding with p...Read More
MOSCOW, Jan 31 (Reuters) - Norilsk Nickel (Nornickel), the world's largest palladium producer, said on Wednesday its production of palladium could decline in 2018, while the output of nickel from Russian raw material would remain flat. Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, previously said its production of nickel and platinum group metals would be unch...Read More
* STOXX 600 falls 0.2 pct, up 2.1 pct in January* Ericsson, H&M slump after results* Solid update boosts Electrolux (Adds details, closing prices)By Helen Reid and Danilo MasoniLONDON/MILAN, Jan 31 (Reuters) - European shares fell on Wednesday as investors locked in profits at the end of a strong month while results from some of the region's biggest names also weighed.The STOXX 600 index fell...Read More
The Dow is shaking off its two-day slump on a positive earnings reaction for Boeing (BA). The broad-market tailwinds have shares of iPhone parent Apple Inc. (NASDAQ:AAPL) and industrial conglomerate General Electric Company (NYSE:GE) trading higher, even after both blue chips received bearish brokerage notes. Here's a quick roundup of how shares of AAPL and GE are performing today.Apple Stock Put...Read More
ALROSA, the world leader in diamond mining, and GfK research company conducted an extensive research of diamond consumers in the US and China. Among other things, it demonstrates that consumers of both countries are interested in buying diamonds, they are planning to buy them in the future, and that they purchase for themselves much more often than as a gift.Today, the USA is the world's largest c...Read More
Mr. Jean Martineau reportsDYNACOR RECEIVES COMMUNITY APPROVAL TO DRILL TEST TUMIPAMPADynacor Gold Mines Inc. has received community approval to drill test the disseminated zone of its flagship gold project, Tumipampa. Dynacor will now apply for the exploration permit from the Ministry of Energy and Mines. The corporation is preparing a drilling campaign of the high-priority targets immediately aft...Read More
Mr. Jean Martineau reportsDYNACOR RECEIVES COMMUNITY APPROVAL TO DRILL TEST TUMIPAMPADynacor Gold Mines Inc. has received community approval to drill test the disseminated zone of its flagship gold project, Tumipampa. Dynacor will now apply for the exploration permit from the Ministry of Energy and Mines. The corporation is preparing a drilling campaign of the high-priority targets immediately aft...Read More
* Nickel leads gains across base metals* GRAPHIC-2018 asset returns: * LME/ShFE arb: (Updates with closing prices)By Jan HarveyLONDON, Jan 31 (Reuters) - Copper rose 1 percent on Wednesday as the dollar slid towards its biggest monthly loss against the euro in two years while markets awaited the release of a U.S. Federal Reserve policy statement.The metal used in construction shrugged off slightly...Read More
* Graphic: World FX rates in 2018 * Graphic: Trade-weighted sterling since Brexit vote By Jemima Kelly and Tommy WilkesLONDON, Jan 31(Reuters) - Sterling rose against the dollar on Wednesday as the sell-off in the U.S. currency resumed, putting the pound on track for its best monthly performance since May 2009, thanks to dollar weakness and better prospects for a Brexit deal. Broad dollar weakness...Read More