Canadian gold mining companies have moaned for months that cryptocurrencies and blockchain companies are luring investors who would otherwise put their money into precious metals. Now, Vancouver-based Goldcorp Inc., one of the world’s largest gold producers, is dabbling in its own blockchain investment, albeit in a minor way: This week, it sent 3,000 ounces of gold — worth about U...Read More
A telling story comes to mind when Ammar Al-Joundi thinks back on his time as chief financial officer at Barrick Gold Corp. and its iconic founder Peter Munk, who passed away on Wednesday at age 90.The two men were standing in the expansive lobby of the TD Canada Trust Building, chatting amiably, when Al-Joundi caught sight of an elderly gentleman some 30 feet away who slipped and fell hard on the...Read More
The Insurance Corporation of British Columbia (ICBC) experienced a horrible financial year in 2016-17. It suffered its largest ever annual loss of $889 million, an amount equal to 18 percent of its total premiums, and it is heading for a $1.3 billion loss in 2017-18, which would represent 23 percent of its revenue from premiums. The corporation's claim costs have risen, its investment income has s...Read More
Vancouver’s Teck Resources is buying out a minority partner in a major copper project in Chile at a cost that could reach as high as $262.5 million.The total price tag, however, will depend on copper prices — often considered a barometer for global macroeconomic growth because it is used in so many products — and which at the moment are sliding as the U.S. and China slap tariffs...Read More
It's 11:55 p.m. and Steven Howard has just returned to his hotel room in Beijing after a draining day of meetings to promote his lithium exploration company. The next morning, he would fly to Seoul to do it again, and then on to Tokyo.“I’ve got wings and wheels strapped to my rear end,” he says about his travel schedule which included stops in Hong Kong, Shenzen, Huizhou and Tian...Read More
Victory Mines (ASX:VIC) hasreceived an updated progress report from geology consultant, Xplore Resources, on its NSW assets, confirming that geochemical analysis is now underway. Xplore has concluded the firstphase of the surface soil-sampling program, focused on pre-selected high-prioritytargets aligned with magnetic peaks.Geochemical analysis follows thecompletion of field mapping and preliminar...Read More
Auroch Minerals Limited (ASX:AOU) this morning informed the market that it has completed the acquisition of 90% of the Arden Zinc Project and 100% of the Bonaventura Zinc Project, both located in the world-class mining region of South Australia.The company can confirm the completion of the acquisitions following shareholder approval at a general meeting today. As reported by the company, the trans...Read More
ArcherExploration Limited (ASX:AXE) has today announced the findings of technicalanalysis undertaken at the world-class Australian Centre forMicroscopy & Microanalysis at The University of Sydney. The analysisfocused on the structural and physical properties of graphite samples sourcedfrom its Campoona graphite deposit, via viewing individual carbon atoms at anatomic scale.Theanalysis found th...Read More
The decision by Kinder Morgan to suspend all non-essential spending on its Trans Mountain pipeline despite regulatory approval is yet another sign of the significant problems in Canada's energy sector and indeed our broader economy. Fraser Institute analysts have weighed in on a host of different aspects of this decision and its implications for Canada's investment and business climate. For more i...Read More
ArcherExploration (ASX:AXE) has penned a deal with Urbix Resources for preliminarypurification testing of graphite from its Campoona Graphite Project to identifygrades suitable for battery and energy storage applications.Urbix has developed a low-temperature,non-oxidative purification technique which reduces the input costs andenvironmental impacts whilst still yielding graphite grades suitable fo...Read More
White Rock Minerals Ltd (ASX:WRM) has updated themarket on its plans to conduct a comprehensive exploration program at its 100%owned zinc VMS project at Red Mountain, Alaska. The company has now completed the mobilisationof the major items necessary for its planned exploration program, with thediamond drill rig and camp accommodation, as well as support infrastructure, nowat the camp site alongsid...Read More
Finfeed presents this information for the use of readers in theirdecision to engage with this product. Please be aware that this is a veryhigh-risk product. We stress that this article should only be used as one partof this decision-making process. You need to fully inform yourself of allfactors and information relating to this product before engaging with it.Junior metals explorer Okapi Resources...Read More
Having appointedGreg Hall as Acting CEO effective 1 April 2018, Alligator Energy (ASX:AGE) is now primed to push forward with its exploration work at itscobalt nickel play in Northern Italy, whilst maintaining its uranium projectsin the Alligator Rivers Uranium Province.Hall iscurrently a non-executive director of Alligator Energy and has agreed to assumethe role as CEO on a part-time basis. The f...Read More
Marquee Resources Limited (ASX:MQR)today announced that it has added to its Canadian in-country geological teamwith the appointment of the highly experienced Mr Toby Hughes. Hughes will lead the explorationprogram at the Werner Lake Cobalt project in Ontario, in which MQR has anoption to acquire an interest to earn up to 70%. The company is embarking upon anaggressive exploration program at Warn...Read More
This product isclassified as 'very high risk' in nature due to its location and geopoliticalsituation of the region. Finfeed advises that extra caution should be takenwhen deciding whether to engage in this product, however if you are not surewhether it is suitable for you we suggest you seek independent financialadvice. Black Rock Mining (ASX:BKT) thismorning confirmed its industry-leading ease...Read More
Auroch Minerals Limited (ASX:AOU) has today announced positive results from reconnaissance sampling at its 90%-owned Arden Base-Metals Project. During recent reconnaissance field mapping and sampling, AOU has observed extensive sedex-style base-metal mineralisation at three of the advanced target areas at the Arden Project: Ragless Range, Radford Creek and Kanyaka.Importantly, high-grade zinc, co...Read More
Classic Minerals (ASX:CLZ)yesterday revealed it has secured new tenements in a proven gold and lithiumregion at its Forrestania Gold Project in Western Australia. These recently granted tenements,which are host to gold exploration targets identified by CLZ, have added some 50square kilometres to CLZ's holdings, bringing the total area to 500 squarekilometres.This will be expanded further onceCLZ i...Read More
Alloy Resources(ASX:AYR) today announced that infill sampling has commenced on the stronglyanomalous zones defined by the recent soil sampling program at the OpharaCobalt-Gold Project in the Broken Hill region of far west NSW. The OpharaProject is adjacent to, and has similar geology to, the Thackaringa Cobaltdeposit which has been defined by Cobalt Blue Holdings (ASX:COB). Ten kilometresto the we...Read More
Energy consumption is a driver of economic growth. Policymakers in Ontario have made poor policy decisions, resulting in rising electricity costs, lower employment, and lower competitiveness, while achieving minimal environmental benefits. This publication presents a series of collected essays that critique the reasoning behind Ontario's electricity policy changes and spell out the long term conse...Read More
Pursuit Minerals Limited (ASX:PUR) today announced that it is adding aportfolio of high quality vanadium projects to its existing portfolio of assets. The company has secured multiple vanadiumprojects across Sweden and Finland that are at different stages of advancement,containing sites of significant historical vanadium mineralisation. They are inpolitically stable jurisdictions in areas of excel...Read More