In our latest Insights newsletter, we focus on the crude inflation challenge facing the Federal Reserve which is set to release its next policy statement on Wednesday January 29th. Our feature video of the week is a contrarian idea that could potentially gain traction with investors in a downturn and our insider of the week has an out-of-consensus view on Canadian natural gas. Read our latest her...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce a $1.1M CDN purchase order for the Uniden (R) UV350 in-vehicle IoT device, has been received from a major US cellular B2B distributor servicing cellular carriers, first responders and commercial fleets across the United States. Marc Seelenfreund, CEO of Siyata Mobile, comment...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the red-hot Index fought hard to break free and clear of 1200 and initially hit an intraday high of 1211.42. However, the INK CIN could not maintain its torrid pace and pulled back into the end of the week, closing at 1198.59 for a loss of 6.33 points or 0.5%.MACD slipped 0.41...Read More
"yearly resistance on our thread for 2020 has been 1588-1630-- Tonight gold has touched 1588 on the OPEN with China closed for the week.NY and London is in charge and the banks are short.As you can see, their already at work.Keep your eyes on 1588 this week."Read full newsRead More
Kirkland Lake Gold Ltd. (TSX:KL)(NYSE:KL) is on a tear. Since 2015, shares have risen by more than 3,000%. Agnico Eagle Mines Ltd, for comparison, is up just 150%.What has caused this incredible performance? Can you still take advantage? Fortunately, 2020 could be Kirkland’s best year yet. Even if a recession hits, this company is primed for success.All about the assetsWhen mining for any re...Read More
On January 11, 2019, I wrote that 2019 will be the best year on record for Kirkland Lake Gold Ltd (TSX:KL)(NYSE:KL) stock.“Since its current management team took over, Kirkland has consistently posted higher assets, profits, reserves, and cash flow, allowing it to initiate a growing dividend and a share-repurchase program,” I wrote. “In an industry rife with a growth-at-all-costs...Read More
The outbreak of the coronavirus in China is starting to have an impact on global markets.The disease, which is from the same family as SARS, has now made it to several countries. At the time of writing, there are more than 2,000 known cases worldwide.Most cases remain in China, where the disease was first detected in the Wuhan region, but confirmations have now occurred in at least 10 other countr...Read More
Assistant project geologist standing beside a century-old trench on the 007 vein at Rockcliff's Laguna gold property. Credit: Rockcliff Metals After completing 3,203 metres of drilling in November at Rockcliff Metals' Laguna project in Snow Lake, Man., Kinross Gold has started another 5,000-8,000-metre program for 2020.Highlights of the 2019 drill program include: 1.06 metres of 4.87 g/t gold; 0...Read More
Palladium One Mining's Lantinen Koillismaa (LK) project in northern Finland. Credit: Palladium One Mining The most recent exploration release from Palladium One reports anomalous nickel, copper and cobalt in soil samples from the Smoke Lake anomaly at its 103-sq.-km Tyko property.Assays include 238 parts per million (ppm) nickel, 108 ppm copper and 10 ppm cobalt in one sample as well as 46 ppm ni...Read More
Safe spaces. Image: Generation Grundeinkommen The gold price jumped to fresh near 7-year highs on Monday as worries about the spread of the coronavirus spurred investors to seek safe haven assets and global stock markets plummeted.February gold futures, the most active contract with nearly 40m ounces traded on the day, was set to close above $1,580 an ounce on the Comex market in New York. It wou...Read More
Saskatchewan, home to two of the most desirable minerals in the world - potash and uranium. (Image by Melanie Jwagar, Pixabay) In his annual address to the Greater Vancouver Board of Trade last week, Pierre Gratton, President and CEO of the Mining Association of Canada, spoke of the state of Canada's mining industry and how the recent commitments to mining, particularly the new Canada-US Joint Ac...Read More
An aerial view of the Mineral Ridge gold mine, 56 km southwest of Tonopah, Nevada. Credit: Scorpio Gold Scorpio Gold has announced that it has signed a toll milling agreement with Lode-Star Mining for the processing of ore at its 363 tonne-per-day Goldwedge mill.Lode-Star will advance the funds required to add a flotation circuit to the mill which is currently configured with a gravity circuit....Read More
Haywood Securities analyst says Capstone Mining is an undervalued junior base-metals mining stock.Capstone's main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.Vancouver-headquartered base-metals mining stock Capstone Mining Corp.'s (TSX-CS) results missed third-quarter 2019 analysts' estimates.However, encouraged by cost reductions as well as the progress...Read More
Vale said the dam was safe and secure but had been on Level 1 watch due to its proximity to the Sul Superior dam, which remained at Level 3, the most critical level that indicates a dam burst isRead More
CoE Pensions Board director of ethics and engagement Adam Matthews implied though the mining industry had work to do, the investor response had also lagged, describing the need for a catastrophe onRead More
Today is Monday, January 27, 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 $1,580.25. It's up 0.53% from yesterday and up 21....Read More
Today is Monday, January 27, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Arch Coal (NYSE: ARCH), DMC Global (NASDAQ: BOOM), and Dorchester Minerals LP (NASDAQ: DMLP).Arch Coal (NYSE: ARCH)Arch Coal (NYSE: ARCH) is a $829.56 million company today with a one-year return of -33.1%. Let's look at its price-to-earnings (P/E) ratio, its enterprise-value-t...Read More
They say coal is dead.And, to some degree, they're right.The use of coal for energy generation here in the United States, for example, has ostensibly peaked.According to the U.S. Energy Information Administration (EIA), coal consumption in America hit a 40-year low in 2019.The EIA says coal's share of U.S. electricity generation fell by 24% last year over 2018. And for 2020 and 2021, the EIA expec...Read More
Palladium One Mining (TSXV: PDM; US-OTC: NKORF) has reported anomalous nickel, copper and cobalt in soil samples from the Smoke Lake anomaly at its 103-sq.-km Tyko property near Marathon, Ontario.Assays include 238 parts per million (ppm) nickel, 108 ppm copper and 10 ppm cobalt in one sample as well as 46 ppm nickel, 54 ppm copper and 13 ppm cobalt in a second sample.."These soil values represent...Read More
The S&P/TSX Venture Composite Index fell 0.47% to 581.76 and spot gold finished at US$1,571.60 per oz., up US$14.90 per ounce.Abitibi Royalties posted the largest value gain, jumping $1.45 to $19.55 per share. The company's board of directors approved a 25% dividend increase from 12 ? to 15 ? per common share on an annualized basis starting in April. The frequency of the payments will change from...Read More