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China's 2018 iron ore imports fall 1%, first annual drop since 2010

* China’s 2018 iron ore imports fall to 1.064 bln T * Dec iron ore imports rose to 86.65 mln T * Mills to take more lower-grade ore due to poor margins -analyst * Steel exports continue to fall in 2018 (Adds steel exports, graphic) BEIJING – China’s 2018 iron ore imports fell by 1 […]

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INV Metals Files Technical Report for Loma Larga Project

TORONTO, Jan. 14, 2019 (GLOBE NEWSWIRE) — INV Metals Inc. (“INV Metals” or the “Company”) (TSX:INV) is pleased to announce that it has filed the NI 43-101 Feasibility Study Technical Report (“Technical Report”) summarizing the results of its 2018 Feasibility Study (the “FS”) on its 100% owned Loma Larga gold-copper-silver project (“Loma Larga”) in Ecuador. […]

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An Unsolicited Warning From Someone Who Just Blew It All

The last few weeks have been almost unprecedented, both to the downside (worst month since the Great Depression), and the upside (greatest short-squeeze since the March 2009 lows) with multiple violent intraday swings almost every day as algos took control on every headline. For many, we know this was an extremely stressful period, but while […]

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Flames racking up wins but can’t shake Sharks, Golden Knights

The Calgary Flames have rolled to an 8-1-1 record since their holiday break. That’s tied for tops in the NHL over a 10-game stretch. That’s the sort of scorcher that should create a bit of separation in the standings. Except that two other Pacific Division outfits have essentially been providing a shadow, setting that same […]

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Canadian Electoral Agency Clarifies Cryptocurrency Donations for Political Use

Canada’s electoral body has started consultations on how political parties should handle cryptocurrency donations ahead of general elections slated for October. Political parties have requested guidance from Elections Canada (EC) on accepting contributions and conducting other transactions in bitcoin. EC has now released a draft note that broadly takes the position that cryptocurrency donations are […]

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Newmont's Goldcorp gamble may need 'drastic' surgery to work

The cost to create the world’s largest gold company: A 17 percent premium for a $10 billion all-shares acquisition that faces some big-time challenges down the line. Newmont Mining Corp.’s deal for Goldcorp Inc. stands in stark contrast to the recent zero-premium merger between Barrick Gold Corp. and Randgold Resources. The key question: Why? In […]

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Nevada Exploration Closes Financing

VANCOUVER, British Columbia, Jan. 14, 2019 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V: NGE; OTCQB: NVDEF) is pleased to announce that it has closed the previously announced private placement offering (the “Offering”), pursuant to which it has issued 2,632,000 units (the “Units”) at a price of $0.25 per Unit, for gross […]

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Suspect rams police SUV with stolen truck in farmer’s field

Mounties in Coaldale are searching for the driver of a stolen truck who rammed a police vehicle on Monday morning. Staff Sgt. Glenn Henry with the Coaldale RCMP said two officers were called to a farmer’s field around 5:30 a.m. where they found a man passed out in the cab of a white Dodge Ram […]

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OSC looking to lighten regulatory load on companies — and it wants suggestions

Canada’s largest capital markets watchdog kicked off a broad consultation Monday aimed at reducing costly and outdated rules and lightening the regulatory burden on companies. The aim is “to identify new actions we can take to save time and money for Ontario businesses by eliminating rules and requirements that are outdated or unduly burdensome,” said […]

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GGX drills more high grade at Gold Drop in BC

GGX Gold (GGX; US-OTC; GGXXF) continues to cut near surface high grade gold mineralization at its 56 sq. km Gold Drop gold property near Greenwood in southern British Columbia. The results come from a November 2018, 11 hole drill program where GGX tested the southwestern region of Gold Drop’s COD vein system. Earlier results from […]