With excitement back in the mining sector, Lundin Gold CEO Ron Hochstein is optimistic on the sector and gold prices for 2017. Speaking with Kitco News at the BMO conference, he said he would agree that the mining industry seems to be coming back in full force. 'I think the sentiment here, actually it's my 12th time here at BMO and it reminds me of the sentiment back in 2005,' he said. 'There are...Read More
Daniel Major, CEO of GoviEx Uranium, shares the future plans of this African uranium company.To see more videos like this one go to www.b-tv.com.Read More
Today, the Mining Association of Canada (MAC) has announced a membership commitment to implement the Voluntary Principles on Security and Human Rights (VPs).Several MAC members already formally participate in the Voluntary Principles on Security and Human Rights Initiative (VPI) and several others apply the VPs for their operations abroad. With today's announcement, MAC member companies that rely...Read More
Shares in Caterpillar (NYSE:CAT), the world's No.1 heavy machinery maker, were down more than 5% Thursday around noon after it became public that officials were executing a search warrant at three of the companies' facilities in the Tri-County Area, including the corporate headquarters.Some of the agents spotted by local press and witnesses wore jackets bearing an Internal Revenue Service logo.Com...Read More
International Lithium Corp. (TSX-V: ILC.V) is a "Clean Tech" lithium resource developer and an exploration company with an outstanding portfolio of projects, strong management ownership, robust financial support and a strategic partner and keystone investor Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer. We learned from Kirill Klip, who is CEO and Chairman of Internat...Read More
BacTech Environmental Corporation (CSE: BAC, OTC Pink: BCCEF) is a pioneering, environmental technology company that has developed and commercialized a proprietary technology to remediate highly toxic tailing areas resulting from abandoned mining operations. BacTech holds the perpetual, exclusive, royalty-free rights to use the BACOX bioleaching technology for the reclamation of tailings and minin...Read More
We talked with Daniel Major, CEO of GoviEx (TSXV: GXU), a uranium Development Company with three projects in Africa: one in Niger, one in Zambia, and one in Mali. Mr. Major tells us that the uranium price is positioned to increase with a serious market gap by 2020. The two GoviEx properties are fully permitted in an environment where it is increasingly hard to permit uranium mines, and its stock i...Read More
K92 Mining is a Vancouver based gold producer with operations in Papua New Guinea. The company has commenced gold production from the Irumafimpa Gold Deposit at their Kainantu Gold Project that was previously mined by Highlands Pacific and Barrick Gold and has existing infrastructure, including underground mine development, mill processing facility, staff housing, licensed tailings pond, office sp...Read More
Mexus Gold US (OTCQB: MXSG) is an American based exploration company with assets in Mexico, where they have a joint venture partner called MarMar Holdings of Mexico. The company's flagship property is wholly owned Santa Elena mine located 54km NW of Caborca, Mexico. We learned from Paul Thompson, President and CEO of Mexus Gold US that they will be in production shortly with minimal debt. The comp...Read More
Tom Drivas, President, CEO, Director and Founder of Appia Energy Corp. exploration company looking for uranium and rare earth in the Athabasca Basin. Appia has promising projects in areas with strong infrastructure in place. Insiders hold approximately 64% of Appia. With an experienced management team and a good risk reward stock ratio, Appia should be closely watched. Appia trades on the CSE: "AP...Read More
MUMBAI, March 2 (Reuters) - Hindalco Industries Ltd HALC.NS , India's biggest producer of aluminium and copper, is selling new shares to investors in a bid to raise up to 33.37 billion rupees ($500 million), according to deal term sheet seen by Reuters on Thursday.The share sale would lead to a dilution of 7.9 percent to 8.1 percent of post issue capital and the company will use the funds to mee...Read More
* European stocks extend Wednesday's gains, Japan closes up* Dollar index up, gains vs yen and euro* Oil falls for third day; copper and gold down (Updates after U.S. open, changes byline, previous dateline LONDON)By Sinead CarewNEW YORK, March 2 (Reuters) - Wall Street fell as investors took a breather on Thursday after a record day, while the dollar strengthened on positive U.S. data and growing...Read More
* Europe stocks dip after Wednesday's big gains, Asia rises* Dollar gains strongly vs yen, up vs euro and sterling* German 10-yr yields up as euro zone inflation hits 2 pct* Oil falls for third day, stronger dollar weighs on metals* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Nigel StephensonLONDON, March 2 (Reuters) - European stocks held near 15-month highs and the dollar strength...Read More
Investing.com - Gold prices resumed losses from the prior session during European morning hours on Thursday, amid rising expectations that the Federal Reserve will raise interest rates later this month.Comex gold futures declined $3.55, or about 0.3%, to $1,246.45 a troy ounce by 3:10AM ET (08:10GMT), after losing around $4 on Wednesday.Spot gold was down $4.00 to $1,245.60 per ounce.The U.S. doll...Read More
CENTENNIAL, Colo., March 2, 2017 - Uranium Resources, Inc. (Nasdaq: URRE; ASX: URI), an energy metals exploration and development company, announced today its fiscal year end operating results for 2016 and key business highlights for 2016 and to date.Christopher M. Jones, President and Chief Executive Officer, said, "Even while developing a new lithium business, we managed our costs lower in 2016....Read More
You are about to embark on a journey with The Daily Bell as we shift gears, and cruise down the open road towards freedom.You will still receive relevant daily news insights. And don't worry, we will still be unabashedly biased towards libertarian ideals of freedom.There are a lot of roadblocks for the freedom lover, and it is important to keep those in mind. The Daily Bell will always be here to...Read More
SHANGHAI, Mar 2 (SMM) – Nonferrous metals futures fell across the board on Friday March 2 with SHFE nickel down over 2% and lead fell close to 1%. The ferrous complex also closed lower except for a small rise in hot-rolled coil.Copper: The SHFE 1804 contract rallied twice during the day and hit a high at 52,700 yuan/mt. With support at 52,000 yuan/mt, SHFE copper is expected to be rangebound...Read More
SHANGHAI, Mar 2 (SMM) – This is a roundup of global macro-economic news last night and what is expected today.Last nightThe US dollar index edged down slightly from a six-week high to 90.2 following the Federal Reserve chair Jerome Powell’s statement that the US economy was not overheating and President Donald Trump’s announcement of imposing global tariffs on steel and aluminium...Read More
SHANGHAI, Mar 2 (SMM) -Copper: LME copper fell to a low of $6,858.5/mt last night while SHFE copper closed at 52,520 yuan/mt. We expect LME copper to trade at $6,850-6,920/mt today with the SHFE 1805 contract at 52,300-52,800 yuan/mt. Spot discounts are seen widening to 210-130 yuan/mt as sellers were keen to destock.Aluminium: LME aluminium rebounded and hit a high at $2,164.5/mt as US President...Read More