Tesla is in advanced stages of talks to use batteries from CATL that...Read full newsRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), a North American leader in plant-based food packaging and products, has today announced that Beacon Securities has initiated analyst coverage on the Company.The research coverage on good natured (R) is prepared by an analyst at Beacon Securities and represents the views of the analyst. good natured (R) is...Read More
"$Gold at the threshold where the Bear Market began $1588-1630.Bears spent July to Dec shorting market at trend line. But since Virus, gold challenging the most important area in 7 years.Anytime gold above 1588, bears are losing control. Above 1630 -- bulls have control."Read full newsRead More
"China's January #nickel production was down 17% YoY. On the backdrop of the epidemic, smelters in Gansu and Xinjiang are operating as previously planned, while those in Shandong and Tianjin have swung to low gear and those in other regions remain closed https://t.co/bTSGhsAd0X"Read full newsRead More
European markets closed higher yesterday, as did Shanghai's Composite Index which gained 2.28%.The World Health Organisation put the number of confirmed cases yesterday at 71,429 globally, with more than 1,770 deaths, with its tally now including both laboratory and clinically diagnosed cases.The world's biggest miner by market capitalisation, BHP (ASX: BHP), today reported a 29% jump in attributa...Read More
1. The decline of the American empire continues relentlessly. The citizens look towards their government for guidance and all they see is maniacal debt worship. Monkey see...monkey do:2. New statistics show that credit card debt of millennials now rivals total student loan debt. 3. Please click here now. The nation's so-called "leaders" now appear to function mainly as debt clock op...Read More
With investors such as Warren Buffett and Charlie Munger starting to make defensive moves and Jim Cramer turning away from fossil fuels, change is in the air. This side of the border, a Canadian interest rate cut may be on the way – a move that will stimulate the TSX and likely boost bank stocks, but may also spook investors. With the possibility of a bear market around the corner, talk is i...Read More
Nelligan joint venture project 60 km southwest of Chibougamau, Quebec. The project is owned 51% and operated by IAMGOLD, and 49% owned by Vanstar Mining Resources. (Image courtesy of Vanstar Mining Resources).IAMGOLD's (TSE: IMG) total attributable proven and probable reserves decreased by 6% to 16.7 million ounces at the end of 2019 from 17.9 million ounces of gold at the end of 2018. According...Read More
Platosa operations. Credit: Excellon. Excellon Resources (TSE:EXN) has released exploration results from its Evolucion and Platosa properties in Durango, Mexico, reporting high-grade intercepts at both assets.At Platosa, host to an operating underground mine, drilling from surface intersected 6.6 metres of 1,757 g/t silver-equivalent at the NE-1S Manto, nearby existing mine workings. Excellon has...Read More
Optimine for Outokumpu. Credit: Sandvik. Outokumpu, a leader in stainless steel manufacturing, has selected Sandvik's OptiMine digital platform as the underground operations management system to improve productivity at its Kemi chrome mine in Finland."One of the key elements of digitalization at Kemi mine is improving the situational picture. By visualizing mine operations and conditions in real...Read More
Image: Adapted from Goldcorp videoThe gold price jumped to a fresh near 7-year high on Tuesday as worries about the global economic impact of the coronavirus mutated into expectations of massive monetary stimulus to counteract the damage done in China and elsewhere. Gold thrives when policy is loose and money is cheap, and usually moves in the opposite direction of interest rates. China is expecte...Read More
"We have been very thoughtful and deliberate about the construct of our portfolio over many years now clearly the world trend is towards decarbonisation and we've been active advocates for this andRead More
Today is Tuesday, February 18, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,601.70. It's up 1.30% from yesterday and up 2...Read More
Today is Tuesday, February 18, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of EQT Corporation (NYSE: EQT), HighPoint Resources Corporation (NYSE: HPR), and Clean Energy Fuels Corporation (NASDAQ: CLNE).EQT Corporation (NYSE: EQT)EQT Corporation (NYSE: EQT) is a $1.434 billion company today with a one-year return of -70.93%. Let's look at its price-to-e...Read More
Joseph Alois Schumpeter was an Austrian political economist from the first half of last century. He managed to escape WWII and get U.S. citizenship in 1939. As a Harvard professor, he preached against Marxism and FDR's New Deal and sponsored economists and others to get them out of Nazi Germany.His most famous book called Capitalism, Socialism, and Democracy sits on my bookshelf, well thumbed, its...Read More
Orocobre (TSX: ORL; ASX: ORL) owns 34.7% of Advantage Lithium's (TSXV: AAL; US-OTC: AVLIF) common shares, and the two companies are joint-venture partners on Advantage Lithium's Cauchari lithium project in northern Argentina's Jujuy province.Orocobre owns 25% of the Cauchari project and Advantage Lithium 75%, and the lithium project is just 20 km south of Orocobre's Olaroz lithium facility, which...Read More
Silver prices rose 30% from US$15.25 per oz. at the end of June 2019 to as high as US$19.75 per oz. by Sept. 4. The most important aspect of this was that the move was based on very little investment demand for physical silver.Traditionally, investors buying physical silver has been the single most important driver of silver prices. When investors were buying very little, or were actually net sell...Read More
This episode features excerpts from the Barrick Gold and Freeport-McMoRan conference calls. Barrick Gold CEO Mark Bristow discusses the focus on ESG as a 'strategic imperative', the company outlook, the dividend, and the gold market. Freeport-McMoRan CEO Richard C. Adkerson discusses the company's focus on ESG and safety, the copper market, and the latest news from its massive Grasberg project in...Read More
Catch a presentation on sensor-based sorting and more at the SRC Technology and Innovation Theatre at PDAC 2020. Learn more.It is well known that the crushing and grinding of ore consumes around 60% of a mine's operating and energy costs in addition to creating most of the greenhouse gas emissions. Advanced mining technologies such as sensor-based sorting have the potential to address the challen...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) will build a US$98 million solar plant to power its Koodaideri iron ore mine in Western Australia, about 35 km northwest of the company's Yandicoogina mine.The 34 megawatt solar photovoltaic plant will supply all of the mine's electricity demand during peak solar power generation times and about 65% of the mine's average electricity demand.Rio Tinto will start build...Read More