(Bloomberg) -- Zimbabwe's biggest gold mines are being snapped up by Mauritius-based Sotic International Ltd. as the price of bullion soars to the highest in more than eight years.Landela Mining Ventures Ltd., which is controlled by Sotic, bought two of Zimbabwe's gold mines this year. The newcomer isRead full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index gained 15.15 points and rose 1.6% to close at 971.87.MACD jumped 2.48 points higher to 1.01. RSI rose 2.76 points to 61.04. Should it move much higher then RSI breaks a strong resistance area that has held it in check most of the last few months.Support is at 900 and...Read More
Every weekend I publish the list of stocks that were the big movers up and down the INK Edge rankings in the INK Chat stock ideas channel. Over the past week, two junior gold producers, Calibre Mining ( CXB) and Galiano Gold (GAU), are the top movers up the INK Edge rankings. Click here for the full discussion and report.INK Edge July 11 movers via INK ChatIf you have not yet registered for INK...Read More
Despite the Federal Government's efforts to diversify the economy, earn more foreign exchange and create jobs, reports of illegal goldRead full newsRead More
An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns.Read full newsRead More
When it comes to retirement investing — whether you’re buying stocks to add to a Registered Retirement Savings Plan (RRSP) or packing out a Tax-Free Savings Account (TFSA) — it helps to have a thesis. No matter if you’re a retiree or a young portfolio owner looking ahead, buying shares for a comfortable retirement should follow a set of rules.There are three broad themes fo...Read More
In late May, Nornickel also reported a fuel spill near Norilsk, in north-central Russia. (Image courtesy of Nornickel). Russian mining company Norilsk Nickel reported that a pipeline belonging to Norilsktransgaz, which is part of the Norilsk Nickel Group, depressurized during the transfer of aviation fuel in the vicinity of ?EURRead More
This Hubble Space Telescope image shows stars at various stages of their lives, from young blue-hot stars to cooler red giants. (Image by NASA, ESA, and T. Brown [STScI]).The Sun is likely to produce lithium in the future, according to a new study by scientists at the National Astronomical Observatories of the Chinese Academy of Sciences.In a paper published in the journal Nature Astronomy, the r...Read More
Mexico's Undersecretary of Mining Francisco Quiroga Fern??ndez. (Image courtesy of the Economy Secretariat, Facebook). Mining companies operating in Mexico have continued to invest in their operations, according to the Economy Secretariat's Undersecretary of Mining Francisco Quiroga Fern??ndez.Talking at the virtual conference "Mining Reactivation in the Face of the New Normal," organized to cele...Read More
Back in 2019, Japan increased its hold on Lynas' rare earths output. Pictured here is a rare earth production line at the company's plant in Malaysia. (Image taken from Lynas' presentation.) In the wake of supply disruptions of certain metals caused by the covid-19 pandemic, Japan has decided to launch a series of measures to address potential supply risks from geopolitical instability or future...Read More
Dark Horse Resources Limited (ASX: DHR) is a project generator company focused on tier 1 Gold exploration projects. We learned from David Mason, Managing Director and CEO of Dark Horse Resources, that they have been working in Argentina for several years, and recently have decided to implement a new corporate strategy to find new gold projects in alternative jurisdictions. As a result of their sea...Read More
VANCOUVER, BC, Jun 24, 2020 (Canada NewsWire via COMTEX) --Highlights: -- Creation of Gold Royalty Corp. (GRC), a new and wholly owned gold-focused royalty...Read full newsRead More
First Mining is beginning to make waves on international equity marketsRead full newsRead More
Saudi Arabia's oil giant Aramco said on Friday it will raise domestic gasoline prices for July, state news TV reported.Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Despite the Federal Government's efforts to diversify the economy, earn more foreign exchange and create jobs, reports of illegal goldRead full newsRead More
Workers at Chile's giant copper mines are caught between the urge to protect themselves and pressure to keep the country's economy moving.Since declaring a state of emergency in March to deal with the Covid-19 pandemic, the Chilean government has tried to maintain a difficult balance between slowing the spread of the disease and shielding the economy through the inevitable downturn. Mining compani...Read More
Publisher's Note: Today we're bringing you an excerpt from an Interim Warning Bulletin from The Dines Letter.Mr. Dines keeps his readers up-to-date between monthly issues with IWBs and, with gold topping $1,800 and extreme risk in the markets, it is good to hear from him.Call it like you see it,Nick Hodge Even though many stock market averages are near their all-time highs, our Mass Psychology In...Read More
BRAZIL-INDIGENOUS/MINING (INSIGHT, PIX, GRAPHIC):INSIGHT-Amazon gold rush: illegal mining threatens Brazil's last major isolated tribeRead full newsRead More