Nevsun Resources (TSX, NYSEMKT:NSU) has lost its bid to have Canada's Supreme Court throw out a lawsuit by former employees who say they were forced to work at the company's copper-zinc Bisha mine in Eritrea, East Africa.In its judgment, Canada's top court determined that the plaintiffs' claims may continue. Nevsun said that the question of whether the claimants will be allowed to sue the compa...Read More
Protesters marching towards the Metro Toronto Convention Centre. (Image by Mining Injustice Solidarity Network, Twitter). On its opening day, the Prospectors & Developers Association of Canada annual convention was hit by a protest led by the Mining Injustice Solidarity Network whose supporters blocked all entrances to the Metro Toronto Convention Centre, where the meeting is being held.As speech...Read More
Reference photo of a bulk freighter loading coal. (Image by Roy Luck, Flickr). Fitch Ratings predicts a short lifetime for the rise in seaborne thermal coal prices, caused by a supply disruption at Chinese coal mines amid prevention measures against the COVID-19 outbreak.In a recent report, the credit rating agency said that the price spike -which benefits Indonesian coal miners with high export...Read More
The blue metallic shine of manganese crust incorporated into this termite mound in the southern Pilbara region of WA contains zinc isotopes that can reveal the presence of hidden metal deposits nearby. (Image courtesy of CSIRO).Researchers from Australia's national science agency, CSIRO, conducted a study in the southern Pilbara region that led them to conclude that hidden metal deposits can be d...Read More
The metal, which had up to late last week chalked up unprecedented gains of 84% in the past 12 months to US$2,856.Read More
Natural Resources Minister Seamus O'Regan said the plan underpinned the clean-growth century and how Canada would lead the way to provide the minerals, manufacturing capacity and regulatory supportsRead More
"There will be stimulus from China, but where will it be directed and how effective will it be?" he said.Read More
I took a trip to BJ's yesterday morning. As I was about to leave the lady at the door checking receipts saw a pack of Clorox Wipes in my cart and asked, "you stocking up for the coronavirus?"I wasn't.I just needed the wipes for basic cleaning. But she said a lot of people have told her they were buying them up to prepare for coronavirus.I had read a few posts about people stocking up on Clorox Wip...Read More
AVALON ADVANCED MINERALSSenior geologist Chris Pedersen in a core shack at Avalon Advanced Materials' Separation Rapids lithium project near Kenora, Ontario. Credit: Avalon Advanced Materials.Avalon Advanced Minerals (TSX: AVL; US-OTC: AVLNF) is a Canadian mineral development company specializing in sustainably-produced materials for clean technology.The company has three advanced-stage projects...Read More
VANCOUVER, British Columbia, Feb.27, 2020(GLOBE NEWSWIRE) -- Auramex Resource Corp. (the "Company" or "Auramex") (TSX.V: AUX) reports that exploration...Read full newsRead More
Feb 26, 2020 (GoldStocks.com via COMTEX) -- Gold prices have been on a roll for much of the past few days. After a minor correction, it roared back to edge...Read full newsRead More
"Tomorrow's the day! Prepare for #PDAC2020 with our guide, and watch out for #INNatPDAC! @the_PDAC https://t.co/vDEDltkRSN #mining #exploration"Read full newsRead More
At INK we are striving to provide our subscribers with insider insight, both at the stock level via what executives are doing with their own money, and also in the broader context of risks and opportunities via views and insights offered by some of the world's brightest minds in finance. This week on INK, we had two really great interviews from seasoned market veterans that can help provide some...Read More
As markets have been selling off rapidly this week, investors may have noticed a lot of the gold stocks have been sold off, too.Equinox Gold, which had been on a major rally of more than 100% over the last 12 months, was down more than 10% this past week. The exchange-traded fund (ETF) that tracks the industry, iShares S&P/TSX Global Gold Index ETF, was down roughly 6% after being up...Read More
Towards the end of 2019, I’d suggested that investors should avoid Bitcoin in favour of gold. The cryptocurrency surge had elevated blockchain-linked stocks that have since struggled mightily in recent months. Bitcoin enthusiasts come in different forms, while its fiercest detractors often sing a similar tune.Warren Buffett is revered for his investment chops, which he has exercised to accum...Read More
The high dividend yield is a very appealing incentive for a company to offer to its investors. But, as many investors learn the hard way, a high yield is not always the reflection of a company’s growth and decent future prospects.Still, some investors might be too enchanted by the high yield that they don’t see the full picture and end up with lousy stocks.Two such stocks are Frontera...Read More
Panic. It's a word that's been making the rounds in the news cycle lately. The coronavirus is, of course, at the center of it all. But in recent weeks, the focus has shifted from the human cost of the virus to the economic cost. China's economy continues to struggle in light of the virus' spread, with no sign of relief in sight. It's only been in the past few days, however, that other countries...Read More
Western Copper and Gold Corporation (TSX:WRN; NYSE American:WRN) is pleased to report that it has completed the private placement previously announced on February 21, 2020Read full newsRead More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 389,33953,47490,728176,619552,240656,686696,442 Change from Prior Reporting Period -19,010-1,22624,1221,100-8,8916,21214,005 Traders 24163775857332172 Small Speculators LongShortOpen Interest 76,23136,475732,917 11,3883,59517,600 non reportable positionsC...Read More
By: Gary Savage I have to laugh at two things:Perma-bears are calling for the end of the bull market. But it is not the end, not yet!Other people are trying to take credit for the crash.The Fed prevented the market from correcting in December and now look..https://blog.smartmoneytrackerpremium.com/ Read More