By Ashley Cowell Pacton Gold (TSXV:PAC; US:PACXF) (the “Company” or “Pacton”) is pleased to announce that it has entered into a binding letter of intent (“LOI”) to acquire a 70% equity interest in the Hong Kong project (the “Hong Kong Project”) from Clancy Exploration Ltd (“Clancy”), an Australian Securities Exchange Listed exploration company. Figure 1: […]
By Ashley Cowell Pancontinental Resources Corporation (TSXV:PUC) (“Pancon” or the “Company”) is pleased to announce its signing of a Memorandum of Understanding (MOU), effective October 1, 2018, with the Flying Post First Nation (FPFN) in northern Ontario. The FPFN-Pancon MOU provides a mutually beneficial framework for cooperation on the Company’s three battery metals exploration projects,
Pancon Partners with Flying Post First Nation on Montcalm, Gambler and Nova Projects Read More »
By Cecilia Jamasmie Canada’s Leagold Mining (TSX:LMC) has had to temporarily shut down its Riacho dos Machados (RDM) mine in Brazil as a result of continued drought conditions in the country’s Minas Gerais State. The Vancouver-based miner said it planned to resume operations in early December, with the commissioning of the grid powerline project. RDM
Leagold closing Brazil mine for two months due to drought Read More »
By Reuters Canada’s Barrick Gold Corp, which recently announced a $6.1 billion deal to acquire Randgold Resources Ltd, affirmed its 2018 gold and copper production forecast on Wednesday, reflecting improvements in operations. Citing preliminary data, Barrick said its 2018 effective tax rate was expected at about 48 to 50 percent, up from a previous forecast
Barrick maintains forecasts ahead of Randgold vote Read More »
Source: Streetwise Reports 10/11/2018 The report provides support to proceed with development plans. Advantage Lithium Corp. (AAL:TSX.V; AVLIF:OTCQX) announced the filing on SEDAR of its Preliminary Economic Assessment (PEA) report following summary results announced on August 14, 2018. The company stated that the PEA report provides support for Advantage Lithium to “proceed with development plans
Lithium Company Files PEA on Argentina Project Read More »
Source: Streetwise Reports 10/11/2018 A Raymond James report described the expected synergies of this proposed transaction. In an Oct. 9 research note, analyst Praveen Narra reported that Ensco Plc (NYSE:ESV) and Rowan Companies Plc (RDC:NYSE) agreed to merge “in an all-stock transaction that will result in the largest offshore drilling rig fleet.” Narra added that
Energy Companies’ Merger to Create ‘World’s Largest Offshore Drilling Fleet’ Read More »
Source: Streetwise Reports 10/11/2018 A BMO Capital Markets report reviewed this Denver, Colo.-based company’s quarterly sales. In an Oct. 9 research note, Andrew Kaip highlighted Royal Gold Inc.’s (RGLD:NASDAQ; RGL:TSX) reported sales from its streaming agreements. Gold sales and silver and copper deliveries during Q1 FY19 were “higher than estimated.” Gold stream deliveries were 46,000
U.S. Precious Metals Firm’s Q1 FY19 Streaming Deliveries, Revenue Beat Expectations Read More »
By MINING.com Editor The mining sector in the Mekong region will remain underdeveloped and dominated by domestic players in the coming years as foreign investment flows into the sector will be minimal amidst a myriad of risks, a recently published Mining in the Mekong Region report concludes. Fitch Solutions Macro Research’s outlook for mining in
Mining in the Mekong: Myanmar to outperform, Thailand to underperform – report Read More »
By Barrick Gold Corporation TORONTO — Barrick Gold Corporation announced today that it has filed its management information circular and related voting materials in connection with a special meeting of shareholders to be held on November 5, 2018. The Merger will create an industry-leading gold company powered by a common vision of long-term value creation.
Filing of management information circular for merger with Randgold Read More »
By Cory댊 Recapping The Worst Day For US Markets In 8 Months With US markets down across the board there is a lot for Chris Temple and I to chat about. We look at why this was expected but also why it is not yet a time to panic. Download audio file (2018-10-10-Chris-Temple.mp3) Click here
Daily Market Wrap – Wed 10 Oct, 2018 Read More »
