What is Social License?

In light of the tailings pond breach at Imperial Metals’ Mount Polley mine and the toxic leak at Grupo Mexico’s Buenavista, it's certainly a good time for investors to revisit the importance of social license.

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Mickey Fulp: A Hopeful Optimist in Today’s Markets

At this year’s Prospectors and Developers Association of Canada conference, Investing News Network spoke with Mercenary Geologist Mickey Fulp, who is hopefully optimistic in today’s resource market.

Company News

Tarsis Resources Announces $250,000 Financing

Tarsis Resources Announces $250,000 Financing

Tarsis Resources Ltd. (TSXV:TCC) has arranged a private placement of 5 million units at $0.05 cents for proceeds of $250,000. The company also reported that it has filed its US SEC Registration Statement of Form 20-F.

Anfield Resources Files Application to Transfer Shootaring Canyon Mill License

Anfield Resources Files Application to Transfer Shootaring Canyon Mill License

Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) has filed an application to transfer ownership of the radioactive materials license for the Shootaring Canyon Uranium Mill from Uranium One (TSX:UUU) to Anfield. The company has also requested an extension of the license in order to allow for the preparation of a license renewal application.

American CuMo Mining Announces Revised Note and Silver Purchase Financing, Non-Brokered Private Placement, Project Update

American CuMo Mining Announces Revised Note and Silver Purchase Financing, Non-Brokered Private Placement, Project Update

American CuMo Mining Corporation (TSXV:MLY,OTCQX:MLYCF) announced revised terms for its proposed US$25,000,000 financing. The financing involves the sale of up to 100 units of American CuMo's subsidiary, Idaho CuMo Mining Corporationt at a price of US$250,000 per Idaho CuMo Unit. Each unit will consist f a non-transferable promissory note in the principal amount of US$250,000 as well as a right to enter into a silver purchase and sale agreement with Idaho CuMo.

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Market News

Copper Sees Weekly Gain on Positive U.S. Housing Data

Bloomberg reported that copper prices rose 0.9 percent today, finishing at $3.223 per pound on the New York Comex, while on the London Metal Exchange, copper for delivery in three months gained 0.9 percent to reach $7,076 per metric ton. The metal gained 3.2 percent overall this week, as data from the U.S. housing market beat estimates.

Copper Rises on Housing Sector Strength

Copper sold on the London Metal Exchange rose $48.42 to $6,916.50 a tonne today in a reverse of losses from the previous session, according to Reuters.

Copper Edges Up, China Data Caps Price Rise

Reuters reported today that copper prices rose on Monday as some investors saw the metal as oversold. However, those gains were capped on news that new home prices in China had fallen yet again.

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