Junior Mining News

Canada / U.S. big players announce world’s first carbon-free aluminum smelting process

In an official event that included Canada’s Prime Minister, Justin Trudeau, Québec’s Premier, Philippe Couillard, and Apple’s CEO, Tim Cook, Alcoa (NYSE: AA) and Rio Tinto (ASX, LON:RIO) announced the launching of Elysis, a joint venture company whose goal is to push towards commercial production a newly discovered, carbon-free aluminum smelting process. At the event, […]

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Midas Shares Up After Barrick Announces US$38-million Investment

Shares of Midas Gold (TSX:MAX) climbed almost 19 percent after top gold producer Barrick Gold (TSX:ABX, NYSE:ABX) announced it will increase its stake in the Vancouver-based company. Barrick will purchase 46.55 million Midas common shares at a price of C$1.06 per share for gross proceeds of US$38,065,907. The transaction will close around May 15, 2018,

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Imperial Reports First Quarter 2018 Financial Results Detailing a 1.9 Percent Revenue Increase

Imperial Metals Corporation (TSX:III) has released its financial results for the three months ended March 31, 2018. As highlighted in the press release: Revenues increased to CA$117.9 million in the March 2018 quarter compared to CA$115.7 million in the 2017 comparative quarter, an increase of CA$2.2 million or 1.9 percent. Revenue from the Red Chris

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Taxed to Death

This post Taxed to Death appeared first on Daily Reckoning. If taxes are the price to pay for civilization… we begin to suspect civilization nears perfection in the United States of America. The Congressional Budget Office (CBO) estimates Uncle Samuel hauled aboard a record $515 billion in taxes last month. April tax receipts alone ran

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