By Bloomberg News Freeport-McMoRan Inc. still has some work to do in Indonesia. The company signed a framework accord to cede majority control of its giant Grasberg copper and gold mine, but it leaves key points unresolved. The proposed arrangement, unveiled in Jakarta overnight, would see state-owned PT Indonesia Asahan Aluminium, or Inalum, pay $3.85 […]
Freeport’s Indonesia deal leaves key questions unanswered Read More »
By Anwesha Sengupta Pancontinental Gold (TSXV:PUC) (“Pancon” or the “Company”) today announces that the Company has changed its name to Pancontinental Resources Corporation. The Company anticipates that shares will be trading under the new name on the TSXV on July 13, 2018 and its trading symbol will remain unchanged. The Company’s new web site domain
Pancontinental Changes Name to Reflect Newly Acquired Battery Metals Projects Strategy Read More »
By Anwesha Sengupta Red Pine Exploration Inc (TSXV:RPX) (“Red Pine” or the “Company”) announces results from twenty-two holes from its 2017-2018 drill program at its Wawa Gold Project, located approximately 2 kilometres (km) east of Wawa, Ontario. The discovery of this gold zone (Minto Lower Zone), parallel to the Minto Mine South Zone, is significant
By Hamza Ghaznavi Stratabound Minerals Corp (TSXV:SB) is pleased to announce the closing of the non-brokered private placement (the “Private Placement”) offering of $495,125 first announced on June 27, 2018. The Private Placement included 275,000 units (the “Units”) of the Company, and 8,727,272 common shares offered on a flow-through basis (the “Flow-Through Shares”). Each Unit
Stratabound Announces Closing of Private Placement Read More »
By Jody Chudley This post Crisis Alert: The $80,000 Job Nobody Wants Is Costing You Money! appeared first on Daily Reckoning. It is a problem impacting everyone, including you. And it is hitting us right where it hurts — in the wallet. The issue is a massive shortage of truck drivers in the United States.
Crisis Alert: The $80,000 Job Nobody Wants Is Costing You Money! Read More »
By Cecilia Jamasmie World’s No.2 miner Rio Tinto (ASX, LON, NYSE: RIO) said Thursday it had sold its 40% stake in the world’s second-biggest copper mine, Grasberg, for $3.5 billion to Indonesia’s state mining company PT Inalum. Rio had a joint venture with Freeport-McMoRan (NYSE:FCX), operator of Grasberg, for a 40% share of Grasberg’s production
Rio Tinto sells $3.5bn stake in Grasberg mine to Indonesian state miner Read More »
Source: Bob Moriarty for StreetwiseReports 07/12/2018 Bob Moriarty of 321 Gold discusses the situation with a buy-out bid for a Newfoundland gold project. Maritime Resources Corp. (MAE:TSX.V) screwing their own shareholders isn’t the worst case of stealing and self-dealing I have seen in the last 17 years. For certain that would have to be Ian
Newfoundland Maritime Disaster Read More »
By Big Al With no agenda, the Regressives (calling themselves “Progressives”) have resorted to the Blame Game as negative drama is all they have left. Download audio file (Wednesday-Editorial-Amernick-Use.mp3) Here’s a hoot! Hillary Clinton, obviously a co-star is attempting to get back to star status by headlining the upcoming Democratic Convention along with Elizabeth Warren
KER Politics – Wed 11 Jul, 2018 Read More »
By Reuters TORONTO, July 11 (Reuters) – Canada’s Barrick Gold Corp lowered its full-year copper production forecast on Wednesday while increasing its cost estimates, saying the change reflected operational challenges and planned work at its Lumwana mine in Zambia. Barrick, which looks likely to lose its rank as the world’s biggest gold producer this year,
Barrick clips 2018 copper production outlook, sees higher costs Read More »
By Investing News Network Although the price of gold has been trading rather flat in 2018, analysts are confident gold positive market conditions will continue supporting the yellow metal and even pushing prices higher as we move further into the year and beyond. BMO recently raised its 2018 gold outlook by 4 percent to $1,327
Tools for Assessing Undervalued Junior Gold Stocks Read More »
