Benton to Spin Out Great Burnt Copper-Gold Project in $15 Million Deal

To Spin Out Great Burnt Copper-Gold Project in $15 Million Deal

Benton Resources (TSXV: BEX) is handing its flagship copper-gold project to shareholders, clearing the deck to chase the more unusual prize of hydrogen and helium. The company said it plans to spin out the Great Burnt Copper-Gold Project into a new public company through a letter agreement with privately held Silverback Metals Corp. The deal […]

Deadly Japan Earthquake Collapses Mall, Evacuates Chip Plants

A partial collapse at Aeon Mall Kumamoto has turned a powerful earthquake in southern Japan into both a mass-rescue operation and an immediate test of the infrastructure supporting one of the country’s largest semiconductor expansions. Emergency crews were searching for people trapped inside the shopping centre Tuesday night, while Taiwan Semiconductor Manufacturing Company, Sony Group, […]

Cambria Gold Mines — sponsored Sponsored · Cambria Gold Mines

Santacruz Silver Posts 11% Jump in Q2 Silver Production

Posts 11% Jump in Q2 Silver Production

Santacruz Silver (TSXV: SCZ) turned in a robust second quarter, mining 1.57 million ounces of silver and 23,240 tonnes of zinc across its portfolio as each of its operations lifted output from the prior three months. Silver production rose 17% from the first quarter and 11% from the same period a year earlier, while zinc […]

PetroChina Weighs Selling LNG Canada Stake Before Expansion, Bloomberg Reports

PetroChina’s reported effort to sell part of its LNG Canada stake would make the Chinese energy company the latest project owner seeking outside capital before committing to a $33 billion expansion of Canada’s largest operating LNG export facility. PetroChina is exploring a sale of part of its 15% interest in the Kitimat, British Columbia, project, […]

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

Investors Dump Samsung and SK Hynix as Kospi Crashes

South Korea’s benchmark stock index collapsed 10.84% on Tuesday as a global retreat from semiconductor shares collided with the Kospi’s dependence on Samsung Electronics and SK hynix. The Korea Composite Stock Price Index fell 732.09 points to close at 6,023.66 on July 28, marking its worst session since a record decline in March. The index […]