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  • ASX hits seven-year high while this gold explorer jumped 33.3%

    6:17 am

    ASX hits seven-year high while this gold explorer jumped 33.3%

    The ASX200 has risen 0.5% to a seven-year high of 5,958.9 points with the Reserve Bank of Australia making a decision on rates tomorrow.

    Find out which gold explorer excited investors after reporting further high grade gold from trenching and sampling.

  • Grand Gulf Energy secures Yellowfin gas project in Louisiana

    5:26 am

    Grand Gulf Energy secures Yellowfin gas project in Louisiana

    The new Yellowfin Project is estimated to host 1.4Tcf of gas. It is located next to Freeport McMoran’s Highlander Jeanerette-1 Discovery that flowed at 75MMcfd during testing.

  • Liquefied Natural Gas Ltd finalises EPC Contractor JV for Magnolia LNG

    4:25 am

    Liquefied Natural Gas Ltd finalises EPC Contractor JV for Magnolia LNG

    KBR and SKEC have finalised the Engineering, Procurement and Construction joint venture agreement for the Magnolia LNG project. This signing of the Joint Venture agreement formalises the EPC Contractor milestone for Magnolia LNG project that was established under the MOU originally signed between MLNG, KBR and SK E&C USA in December 2014.

  • Greenland Minerals and Energy closes in on Kvanefjeld Feasibility Study

    12:36 am

    Greenland Minerals and Energy closes in on Kvanefjeld Feasibility Study

    Documentation for the Kvanefjeld uranium and rare earth project is well underway with the Feasibility Study due for completion soon. The Environmental and Social Impact Assessments will follow in early Q3. Greenland Minerals and Energy is firming up the permitting timeline.

  • Wall Street drops, all three major averages post significant February gains

    Fri 9:05 pm

    Wall Street drops, all three major averages post significant February gains

    U.S. stocks finished moderately lower on Friday after a series of economic reports, including a second reading on fourth quarter GDP showed a 2.2% annual growth rate, lower than the previous 2.6% estimate. But the Dow rose 5.6% for the month, the Nasdaq jumped 7.1%, while the S&P 500 gained 5.5% in February, the best monthly percentage gains since 2011.

  • Dalradian trades at a deep discount given high quality assets: Dundee Capital

    Fri 7:23 pm

    Dalradian trades at a deep discount given high quality assets: Dundee Capital

    Dalradian Resources (TSE:DNA) received a lift Friday from analysts at Dundee Capital Markets, who upgraded their target price on the stock, citing improved investor sentiment and market conditions for the gold developer.

  • NioCorp closes $2.2 mln financing, more than meets TSX listing condition

    Fri 6:13 pm

    NioCorp closes $2.2 mln financing, more than meets TSX listing condition

    NioCorp Developments (CVE:NB)(OTCQX:NIOBF) has completed a $2.19 million private placement financing, satisfying the main condition of its major move to the Toronto Stock Exchange.

  • TSX rises as resource producers, banks advance

    Fri 6:02 pm

    TSX rises as resource producers, banks advance

    Canadian shares advanced today, led by commodity and financial stocks as data showed the U.S. economy expanded at a slower pace in the fourth quarter than previously reported. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.6 percent to 15,330.77 at 12:37 p.m. in Toronto.