INN spoke this week to Ronald Stoeferle, managing partner at Incrementum and author of theRead full newsRead More
TORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of the layoffs wil...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort308,45956,50247,555114,410401,702470,424505,759Change from Prior Reporting Period 31,0643,4551,4683,48832,76036,02037,683Traders22560695457305163 Small Speculators LongShortOpen Interest 61,67726,342532,101 6,5184,85542,538 non reportable positionsChange from the previous reporti...Read More
By: Ira EpsteinGold weekly chart shows $16+ for the week going into Friday. $1785 area still the resistance, will be looking at this..Read More
Potential for large-scale mining is attracting explorers.Read full newsRead More
Changes to Japan's Mining Act are bringing in explorers.Read full newsRead More
Oil and gas producers are trying to reopen after a 'devastating' halt, but pessimism about an economic recovery is widespreadRead full newsRead More
BEIRUT, LEBANON (12:30 A.M.) - The Libyan National Army (LNA), led by Field Marshal Khalifa Haftar, has begun the process of securing and protecting theRead full newsRead More
TORONTO - The Ontario government is helping large industrial and commercial companies return to full levels of operation without the fear of electricity costs spiking by providing more stable electricity pricing for two years. Effective immediately, companies that participate in the Industrial Conservation Initiative (ICI) will not be required to reduce their electricity usage during peak hours, a...Read More
Margaux Resources Ltd. is pleased to announce the appointment ofRead full newsRead More
Precipitate Gold Corp. is pleased to announce that its common shaRead full newsRead More
Four of the 11 charges brought against Codelco are serious, potentially leading to fines of up to $15 million.Read full newsRead More
Companies may take until August to get all their employees back at work.Read full newsRead More
TORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of the layoffs wil...Read More
In this week's Insights newsletter, we celebrate the Venture Index setting a 2020 high yesterday. Junior mining is leading the charge helping Venture stocks to lead the Canadian market for the first time in a very long time. Our insider of the week is involved with a company that has shifted focus from mining into transaction processing. In this case, we not talking hard rock mining, but an excit...Read More
Footage emerges of huge bright light illuminating sky over the capital, near a military siteRead full newsRead More
The company issued US$451 million and A$70 million of fixed rate senior secured notes.Initially launched as a US$250 million issue to refinance bonds maturing in October 2020, the transaction achieved a final order book of $1.3 billion, representing an oversubscription of more than five times.The strong investor demand resulted in a tightening of margins and allowed the transaction to be upsized."...Read More
One good thing about the recent broad market weakness is it has created many rewarding opportunities for investors. Though markets have remarkably recovered in the last three months, some TSX stocks are still trading below their fair values.Let’s take a look at stocks that are trading below $5 and offer handsome upside potential. Investors should note that low stock prices do not necessarily...Read More
Every market crash teaches us a lesson. And as every crash is different from the others (no matter how similar the consequences), investors can learn something new every time. But the problem is that you can’t prepare against every eventuality.Even if you have substantial resources, you can’t build up a perfect portfolio of assets that are immune to market corrections and downturns.Tha...Read More
Trevali's Santander zinc mine in Peru, 200 km northeast of Lima. (Image courtesy of Trevali Mining) Trevali Mining (TSX: TV) announced Friday that 19 workers at the Santander mine in Peru have tested positive for covid-19. As a result, the company has temporarily suspended operations at the mine and mill to undertake additional on-site testing.Earlier this week, prior to a roster change, 69 worke...Read More