Monday, May 17, 2021
China Huarong bonds wander on Fitch downgrade; maturing bond repaid

China Huarong bonds wander on Fitch downgrade; maturing bond repaid

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Author of the article: SHANGHAI — Offshore bonds issued by subsidiaries of Chinese state-owned bad loan giant China Huarong Asset Management Co fell on Tuesday after Fitch Ratings downgraded the parent company due to concerns over the strength of its government backing. Bids on a $250 million perpetual bond issued by Huarong Finance 2019 Co…
Asian Shares Erase 2021 Gains on Issues Over Inflation, Virus

Asian Shares Erase 2021 Gains on Issues Over Inflation, Virus

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Author of the article: Bloomberg News Min Jeong Lee (Bloomberg) — Asian stocks slumped, with the regional benchmark on track to enter a technical correction, as mounting worries over inflation and a resurgence in Covid-19 cases soured investor sentiment. The MSCI Asia Pacific Index slumped as much as 1.5%, taking losses from a Feb. 17…
Sokoman drills 11.6 metres of 21.07 g/t gold at Moosehead, Newfoundland

Sokoman drills 11.6 metres of 21.07 g/t gold at Moosehead, Newfoundland

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Sokoman Minerals Corp.‘s [SIC-TSXV; SICNF-OTCQB] continuing Phase 6 drilling at the 100%-owned Moosehead property has intersected additional near-surface, high-grade gold mineralization at the Footwall Splay and South Pond zones. The Moosehead gold project is located along the Trans-Canada Highway in north-central Newfoundland on the same structural trend as the advanced Valentine Lake Project (Marathon Gold),…
Royal Helium discovers huge helium zone in Saskatchewan, shares up

Royal Helium discovers huge helium zone in Saskatchewan, shares up

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Royal Helium Ltd. [RHC-TSXV] made a significant helium discovery at the Climax helium project in southwest Saskatchewan. Royal discovered a 39-metre contiguous helium-bearing zone at Climax-3 in the basal Deadwood Regolith which was a previously unknown helium bearing sequence. The same Regolith zone was also intersected at Climax-2 and Royal has seismically mapped the Regolith…
Surge in German orders to take a look at manufacturing facility bottlenecks

Surge in German orders to take a look at manufacturing facility bottlenecks

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Author of the article: BERLIN — Strong domestic demand for consumer goods propelled a bigger than expected jump in German industrial orders in March, data showed on Thursday in a sign that manufacturers will support a recovery once supply and delivery bottlenecks are overcome. The German economy, Europe’s largest, shrank by 1.7% in the first…
Hashtag Trending, Would possibly maybe presumably maybe 17, 2021 – Twitter subscription service; Far flung worker engagement; Eire Successfully being Products and providers ransomware assault

Hashtag Trending, Would possibly maybe presumably maybe 17, 2021 – Twitter subscription service; Far...

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Twitter unveils its subscription service, remote worker engagement comes into question, and Ireland Health Services is hit with a ransomware attack.It’s all the tech news that’s got people buzzing right now. Welcome to Hashtag Trending! It’s Monday, May 17 and I’m your host Alex Coop.Twitter is introducing a tiered service called Twitter Blue. While it’s…
Barren field Mountain Vitality granted helium effectively enable

Barren field Mountain Vitality granted helium effectively enable

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Desert Mountain Energy Corp. [DME-TSXV; DMEHF-OTC; QM01-FSE] reported that the Arizona Oil & Gas Conservation Commission has granted the permit to drill another exploratory helium well in northeast Arizona. This well is located approximately 30 miles west of the first two successful wildcat helium wells the company drilled and completed last year. These wells are all…
Denison Mines unveils JCU (Canada) uranium offer

Denison Mines unveils JCU (Canada) uranium offer

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Denison Mines Corp. [DML-TSX; DNN-NYSE American] said Tuesday May 4 that it has delivered a binding offer to Overseas Uranium Resources Development Co. Ltd. (OURD). It will result in Denison acquiring 100% ownership of OURD’s wholly-owned subsidiary, JCU (Canada) Exploration Co. Ltd. JCU holds a portfolio of uranium project joint venture interests in Canada, including…
Anaconda Mining upsizes financing to $8.5 million

Anaconda Mining upsizes financing to $8.5 million

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Anaconda Mining Inc. [ANX-TSX; ANXGF-OTCQX] said Friday April 30 that it has upsized a previously announced flow-through private placement offering which is now expected to raise up to $8.5 million. That marks an increase from the previous $6.0 million target. The company said it will now offer 10.2 million flow-through shares at 83 cents per…
Imperial Mining drills 92.5 metres of 291 g/t scandium at Crater Lake, Quebec

Imperial Mining drills 92.5 metres of 291 g/t scandium at Crater Lake, Quebec

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Imperial Mining Group Ltd. [IPG-TSXV; IMPNF-OTCQB] reported assays from the first four holes for the 100%-owned Crater Lake scandium-niobium, rare earths project 1,080 km northeast of Quebec City, Quebec, definition drilling program on the TG scandium mineralized zone. Assay results have confirmed the substantial intersection widths of scandium-bearing olivine ferrosyenite reported on April 7, 2021.…