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Western Lithium (TSX:WLC) and Lithium Americas (TSX:LAC) have announced that both companies will merge in an all stock transaction worth C$80 million. Western Lithium will acquire all outstanding shares of Lithium Americas.
Gold may be breathing a sigh of relief that June is over.
This week, Eldorado Gold received a project permit approval for its Eastern Dragon project from China's National Development and Reform Commission. The document is the most significant permit required to build the mine.
The oil space has been on a rollercoaster ride since 2015 began, but it seems it may be making a comeback. According to Scotiabank's Patricia Mohr, with WTI at around US$59 to $60, the WCS heavy oil price should be US$52 in July.
This past Friday, precious metals investors were waiting with bated breath to see how weekend Greek debt talks would go. Hopes were high that prices for gold and silver would be boosted, but thus far only small bumps have materialized.
There may be too many bears in the woods for gold says, George Gero, a gold market veteran and vice president and precious metals strategist for RBC Capital Markets.
Here are some of the best steel companies TheStreet Quant Ratings says you should consider looking at.
Golden Arrow Resources ended last week on a high note, announcing Friday the results of further drilling at its Argentina-based Chinchillas silver-lead-zinc deposit. It also announced a US$537,000 non-brokered private placement.
Here's a look at the 10 top uranium-producing countries of 2014, based on statistics from the World Nuclear Association. Kazakhstan took the top spot, and it's followed by Canada and Australia.
Here's a look at the 10 top copper-producing companies of 2014, as outlined in this year's Thomson Reuters GFMS Copper Survey. Codelco is in first place, and it's followed by Freeport-McMoRan and Glencore. Read on to find out the rest of the companies.
In a brief press release put out Thursday, Potash Corporation of Saskatchewan (PotashCorp) (TSX:POT,NYSE:POT) has confirmed that it has made a friendly proposal to negotiate terms to acquire Germany's K+S Aktiengesellschaft (FWB:SDF1). The company stated that it does not intend to provide further comment on the matter until it is appropriate to do so, or until a formal agreement has been reached.
Teck Resources (TCK) shares are lower after the company suspended copper production at its Chilean plant after ground movement was detected near the plant.
Investors in Schnitzer Steel would be better served by taking whatever profit or loss they have incurred and moving on to better investment prospects.
Once touted as the United States' answer to China's monopoly on the rare earths market, Molycorp, the only US-based rare earths producer, announced Thursday that it and its North American subsidiaries have filed for Chapter 11 bankruptcy.
China is moving in on the gold market. Last week, a Chinese bank was finally added to the LBMA gold price last week, and this week China revealed that it's looking at launching a yuan-denominated gold fix by the end of the year.
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