Wednesday, May 23, 2018

Nemaska Lithium - NMX.t

Nemaska Lithium Inc. - NMX.V is focused on the flagship Whabouchi mine in Quebec.

The Whabouchi property is located about 300 km from Chibougamau. The Feasibility Study encompasses a combined open pit and underground lithium mine plan that projects a mine life of 26 years.

On May 22, 2018 the company released News
Nemaska Lithium Inc. has entered into an agreement with National Bank Financial Inc., BMO Capital Markets and Cantor Fitzgerald Canada Corp. as co-lead underwriters and joint bookrunners, on behalf of a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase on a bought deal basis 280 million common shares of the corporation at a price of $1 per share for gross proceeds of $280-million.

Monday, May 14, 2018

Canopy Growth Corp - WEED.t

Canopy Growth Corp - WEED.t through its subsidiaries is a licensed producer of medical marijuana in Canada. The company grows, produces and sells medical marijuana. It sells medical marijuana under various brand names including Tweed, Bedrocan, and Mettrum.
On May 14, 2018 the media released News

Canopy Growth Corp. has applied to list its common shares on the New York Stock Exchange. The company currently anticipates that, subject to the receipt of all required approvals, its common shares will begin trading on the NYSE before the end of May, 2018. In advance of listing on the NYSE, Canopy Growth will file a Form 40-F registration statement with the United States Securities and Exchange Commission. The listing of the company's common shares on the NYSE remains subject to the approval of the NYSE and the satisfaction of all applicable listing and regulatory requirements. Canopy Growth's common shares will trade on the NYSE under the ticker symbol CGC and will continue to trade on the Toronto Stock Exchange under the ticker symbol WEED. A trading date will be made public once all regulatory formalities are satisfied.

Saturday, May 12, 2018

SSR Mining Inc. - SSRM.t

SSR Mining Inc. - SSRM.t Formerly Silver Standard Resources Inc. - SSO.t, owns the flagship Pirquitas mine in Argentina, one of the largest primary silver mines in the world.

The company produced 370,000 gold equivalent ounces in 2017.
On May 10, 2018 the company released Numbers

  • Solid financial performance: Produced 78,483 gold equivalent ounces at cash costs of $766 per payable ounce, generating operating cash flow of $11.0 million and adjusted attributable net income of $5.7 million or $0.05 per share.
  • Record quarterly throughput at the Seabee Gold Operation: Continued to successfully ramp up mill throughput, operating at an average of 1,036 tonnes per day during the quarter.
  • Low-cost production at the Seabee Gold Operation: Produced 23,717 ounces of gold at cash costs of $481 per payable ounce of gold sold, a record low cash cost since acquiring the operation in 2016. 

Thursday, May 10, 2018

Capetown, South Africa - Water more valuable than gold

Samuel Taylor Coleridge, in another era wrote in “The Rime of the Ancient Mariner” that there was “water, water everywhere, nor any drop to drink.” This isn't exactly true in 2018, but for Capetown, South Africa the future appears bleak ... the city is projected to run out of water completely by May. Capetown will become the first major city on earth to run out of water.
The major African metropolis, roughly the size of San Diego, has had virtually no rain in the last 37 months.
When the reservoirs drop to 13.5 percent of capacity, only essential locations such as hospitals, will continue to remain online with the city water system. At roughly 10 percent of capacity the system reportedly is down to the mud level. Any more pumping after that would simply clog the lines and put the system out of order.