Argentina has three nuclear reactors and plans for more, yet the country has no domestic uranium production. Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) hopes to fill that void."They import uranium from Kazakhstan and Canada, so having a domestic source would be a preference, and they're potentially our first customer," Nikolaos Cacos, the company's president and CEO, tells The Northern Miner.The...Read More
Osisko Mining (TSX: OSK) has found a new and shallow gold zone 350 metres north of the main deposit at its Windfall property in Quebec, one of the highest grade resource-stage gold projects in Canada.The mineralization occurs between a depth of 50 metres and 275 metres, and is open at depth and along strike.Highlights include 393 grams gold per tonne over 2 metres starting from 100 metres downhole...Read More
Cannabis stocks as a group have come off a bit as the good buds are being separated from the sticks and seeds (move over wheat and chaff).Tilray (NASDAQ: TLRY), for example, is down from its peak at $300 last fall to $40 today.Other descents have not been as pronounced. And high-quality companies have held their ground relatively well. I'm thinking of names like Hexo (NYSE: HEXO).Some thoughts...F...Read More
"$BAC - Bank of America Corporation's (BAC) Management on Deutsche Bank Global Financial Services Conference Call Transcript https://t.co/GUyLDYhnIK"Read full newsRead More
StrengthsThe best performing metal this week was palladium, up 1.49 percent as UBS published a report outlining its positive view on the precious metal; hedge funds raised their net long position in the metal after touching an eight-week low. Gold traders and analysts were neutral on their outlook for gold as a stronger U.S. dollar offset potential haven appeal, according to the weekly Bloomberg...Read More
By: PlungerIn this report we will look at the state of the stock market and update the condition of a potential bottom in the gold space.Sell in May and Go AwayYou have all heard this Wall Street ditty before and it is now upon us at this moment. Despite this old market rule being an established truism, few actually use it to make money. Instead the daily market action draws investors back i...Read More
Gold will break free from $1270-$1298 range and form a new range anytime soon. Silver needs to trade over $1419 to be in long term bullish zone. Crude oil needs to trade over $57.00 to rise to $63.00 this week. Apprehensions that an all out global trade war will reduce demand for crude oil has resulted in the fall. Crude oil is just a speculative play. Supply pressures from Venezuela, Iran and L...Read More
"Great Bear Drills New High-Grade Gold Discovery at Dixie: 12.33 g/t Gold Over 14.00 m Including 30.90 g/t Gold Over 4.60 m; 194.21 g/t Gold Over 2.00 m Including 759.38 g/t Gold Over 0.50 m Multiple Shallow Gold Zones at NewRead full newsRead More
A loan of $100,000 helps coffee farmers in Uganda double their income by keeping ownership of their coffee along the value chain.Read full newsRead More
A loan of $100,000 helps coffee farmers in Uganda double their income by keeping ownership of their coffee along the value chain.Read full newsRead More
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Authorities from Mexico's Zacatecas state hope to mediate an agreement to end a two-month blockade at the Penasquito gold mine between mining firm Newmont Goldcorp Corp and villagers in San Juan de Cedros.The dispute at Penasquito, Mexico's largest gold and silver mine, has led to losses for public coffers and the firm, as well as lost pay for workers and contractors."Our priority is that the mine...Read More
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Volkswagen AG is making changes to its battery-purchasing plan worth about 50 billion euros ($56 billion) over concerns one of its supply deals, with Samsung SDI Co. Ltd., might unravel, according to people familiar with the matter.Samsung initially agreed to deliver batteries for just over 20 gigawatt hours, enough to power 200,000 cars with 100 kilowatt hour packs, before different views on prod...Read More
Adamera Minerals Corp. (TSXV:ADZ; OTC:DDNFF) announces the Washington State Department of Natural Resources (DNR) has granted approval of an additional 16 drill holes on the Lamefoot South property in Northeast Washington State. The 16 new drill holes increase the total number of permitted holes to 27 on this project.Read full newsRead More
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Shares of Nighthawk Gold (TSX: NHK) soared 21% to 44 ? in mid-morning trading following news of drill results at the junior's Colomac project in the Northwest Territories. The company has a C$76.5 million market capitalization.The first assay results from its 2019 drill program returned 56 metres of 13.49 grams gold per tonne, including 31 metres of 22.12 grams gold from 238 metres downhole in C19...Read More
Ausenco Engineering Canada has delivered a study of the refinery in Cobalt, Ontario to Toronto-based First Cobalt Corp. The study says that using third party cobalt hydroxide as feed, the refinery output could be doubled to 5,000 t/y cobalt contained in sulphate.The estimated cost to double refinery capacity would be C$37.5 million, spent in stages. Any work will first involve eliminating the exis...Read More