Rick Ackerman, Rick's Picks Could it possibly get any better? Trump has shrugged off impeachment and taken a well-earned victory lap, the Democrats are headed for a landslide loss in November, and the U.S. consumer economy is hitting on all twelve cylinders, powered by shop-till-you-drop exuberance that has made even the ongoing, trillion dollar writedown of shopping malls a relatively nigg...Read More
Vanstar Mining Resources has appointed Freeform Communications Inc. as Investor Relations in Western Canada as well as their Online Marketing services. Freeform Communications Inc. is a Vancouver based Investor Relations and Online Marketing Firm. With over ninety years of combined experience, specializing in a full range of investor relations and capital market services, Freeform hasRead full new...Read More
Zinc prices lurched on Monday to their lowest since July 2016 after a surge in i...Read full newsRead More
Zinc prices lurched on Monday to their lowest since July 2016 after a surge in i...Read full newsRead More
Bullion has many advantages for long-term investors, experts say. But for those who want to bet on the current rally, gold-mining stocks may be preferable.Read full newsRead More
Feb 07, 2020 (HTF Market Intelligence via COMTEX) -- Advance Market Analytics released a new market study on Global Gold Mining Market with 100+ market data...Read full newsRead More
Maxtech Ventures Inc. (CSE:MVT, OTC:MTEHF, Frankfurt:M1N) reports continued drill program preparations on its Panama Lake Gold Project.Read full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report two new intersections of strong radioactivity in initial drill holes of the winter drilling program at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan...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 INK CIN enjoyed a strong bounce from its lower Bollinger band at 1175 as it sailed 17.33 points or 1.4% higher to close at 1192.61.MACD rose 3.38 points to -0.79. RSI jumped 14.79 points or 39% to 52.81. We note that RSI did not go sub-30 as it has on past major bottoms. Wi...Read More
Credit: BeMetals Since B2Gold launched BeMetals two years ago as a base-metals-focused junior, the company has picked up a development-stage zinc-silver project in southwestern Idaho, called South Mountain.Originally floated in early 2018 on the early-stage Pangeni copper project in Zambia, BeMetals wanted to add more advanced-stage base metal projects to its portfolio, and in early 2019 acqui...Read More
Ganfeng Lithium now has a 51% stake in the Cauchari-Olaroz project in Argentina. Image courtesy of Lithium Americas Corp Vancouver-based Lithium Americas has entered into definitive agreements with China's Ganfeng Lithium to alter the ownership structure of their joint venture (JV) company Minera Exar, the holding company for the Cauchar?--Olaroz lithium brine project in Jujuy, Argentina.Pursuant...Read More
Credit: Outotec Outotec has added two new flotation solutions to its product line, the TankCell s-Series flotation units and the CellStation, an intelligent solution for controlling the air feed and pulp level in flotation cells.Outotec TankCell s-Series flotation units are standardized units based on Outotec's proven TankCell e-Series solution. The company says the units provide superior metallu...Read More
Metso, which has concluded its acquisition of Canadian mobile aggregates equipment supplier McCloskey and will wrap up its mining merger with Outotec in a few months, reported 15% higher sales, year-on-year, of EUR3.63 billion and a 5% bump in orders to EUR3.69 billion for 2019, with operating profit also up 11.6% at EUR474 million.The December quarter was solid with sales 7% higher yoy at EUR914...Read More
Today is Monday, February 10, 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 $1,576.90. It's up 0.13% from yesterday and up 19...Read More
Today is Monday, February 10, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Enterprise Products Partners LP (NYSE: EPD), Callon Petroleum Company (NYSE: CPE), and Diamondback Energy (NASDAQ: FANG).Enterprise Products Partners LP (NYSE: EPD)Enterprise Products Partners LP (NYSE: EPD) is a $55.67 billion company today with a one-year return of -7.89%. L...Read More
I visited my parents over the weekend and got talking to my father about personal finance, the low savings rate in America, and the broad economic implications thereof.The average savings rate in America right now is just over 8%, meaning for every $1000 earned the average American only saves about $80. Compare that to China, where the average savings rate is about 25%.Dad asked me, "Do you rememb...Read More
Miner and commodities trader Glencore (LSE: GLEN) has signed a five-year deal to supply South Korean battery manufacturer Samsung SDI with up to 21,000 tonnes of cobalt amid an expected boom in demand for the metal.The agreement will see the Swiss firm send the equivalent of 45% of its 2019 cobalt production, or about 63% of its expected total output for 2020, to Samsung.Glencore produced 46,300 t...Read More
The S&P/TSX Composite Index rose 1.95% to 17,655.50. The S&P/TSX Global Mining Index fell 0.67%% to 78.49 and the S&P/TSX Global Base Metals Index rose 3.35% to 98.30. Spot gold fell US$18.50 per oz. or 1.17% to finish at US$1,570.00 per oz., and the S&P/TSX Global Gold Index lost 3.37% to finish at 257.62.Aura Minerals surged $20.34 to $46.85 per share on media reports that it is planning on a du...Read More
The S&P/TSX Venture Composite Index fell 0.18% to 574.16 and gold finished the week at US$1,570.00 per oz., down US$18.50 per ounce.Revival Gold jumped 27 ? to 88 ? after the junior released an updated resource for its Beartrack-Arnett project in Idaho, with substantial growth in the inferred resource category. The latest estimate features updated numbers for the Beartrack portion as well as an in...Read More
The Dow Jones Industrial Average rose 3.0% to 29,102.51 and the S&P 500 advanced 3.17% to 3,327.71. Spot gold fell US$18.50 per oz. to finish the trading week at US$1,570.00 per oz.Arch Coal rose US$4.16 to US$55.69 per share. The company reported a net loss of US$8.6 million or US57 ? per diluted share in the fourth quarter of 2019, compared with net income of US$86.1 million or $4.44 per diluted...Read More