Meanwhile US president Donald Trump has turned his attention to India, tweeting yesterday the country had "long had a field day putting tariffs on American products. No longer acceptable!"Market futures and mining stocks were mixed.Metals and mining stocks in Toronto fell 1.7% yesterday.However West African miner Avesoro Resources (TSX: ASO) has continued its recovery from a June low of C41.5c, wh...Read More
"We keep implementing our balanced sales strategy amid the backdrop of persisting excess diamond stock both at the cutting and polishing (midstream) sector and at retailers, as well as challenges related to financing of Indian midstream business," United Selling Organization ALROSA director Evgeny Agureev said."The market is gradually entering the phase of seasonally low demand for rough diamonds,...Read More
Canadian crude is the story you won't hear about in today's media.I'll be the first to confess that I've been getting caught up in the headline hype recently. Last week, we talked about how the escalating tensions with Iran threaten more than one-fifth of the world's oil supply at the Strait of Hormuz.To be fair, it's kind of hard to ignore the geopolitical chaos that reigns over the Middle East.I...Read More
Eric Toberer, associate professor of physics at Colorado School of Mines, has won the U.S. Presidential Early Career Award for Scientists and Engineers (PECASE). The PECASE is the highest honor bestowed by the U.S. government to scientists and engineers who are early in their careers as researchers and show leadership promise in fields of science and technology. The White House announced the winn...Read More
Eliot Kapit, associate professor of physics at Colorado School of Mines, has been awarded a 2019 5 Sigma Physicist Award from the American Physical Society, a leading nonprofit organization comprised of more than 55,000 physicists in academe, national laboratories and industry."Every year, APS honors a select group of members with the 5 Sigma Physicist Award for performing outstanding advocacy tha...Read More
Nicaragua Milling Company is taking a 10.4% stake in Condor Gold (TSX: COG; LON: CNR), which is advancing its La India gold project in Nicaragua.The privately held milling company has operated in Nicaragua for two decades and is majority owned by American mining engineer Randy Martin, who developed Hemco Nicaragua, a 1,200 tonne-per-day underground and open pit mine at Bonanza. Martin later sold 9...Read More
The Northern Miner has compiled a list of the top-10 diamond companies with headquarters in Canada, ordered by market capitalization, as of early July 2019.1. Lucara Diamond Market cap: $623 millionLucara Diamond (TSX: LUC) is part of the Lundin Group of companies and owns the Karowe diamond mine, in Botswana, which has produced since 2012, and is one of the world's foremost producers of large, h...Read More
In June The Northern Miner and its sister publication, Diamonds in Canada, hosted the second annual Diamonds in Canada Symposium at the TMX Broadcast Centre in Toronto. The event brings together investors and industry players interested in diamond exploration and mining.Attendees at this year's event heard from four featured speakers: Reena Ahluwalia, jewellery designer, artist and professor; Leon...Read More
The media has been all-too-giddy to declare the precious Dow Jones is back at record highs. While technically true, there is a different context now than when it last made new highs in 2018 - after which the Dow immediately fell some 5,000 points. Remember?Now look again with a safe haven in the mix. Here's that same Dow Jones chart with the Dow Jones Utility Index, a traditional safe haven, thr...Read More
"Weekend Unlimited (@WeekndUnlimited) (#CSE: $POT | #OTCQB: $WKULF) Raises $2.06MM; Scraps Verve & Champ plans + Long Beach store [https://t.co/J8fZ3aq9Pg]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets #cannabis #business #potstocks #moneymoves"Read full newsRead More
By: Ira EpsteinThis week is focused on 2-day testimony by Fed Chairman Powell. We will get his views on interest rates. Gold market still in an uptrend, but nearing 18-DMA at $1386.70Read More
There is now a very small section of traders and investors who believe that interest rates may not be cut in end July FOMC meet. Federal Reserve chairman's testimony will clarify on the interest rate cycle. In my view interest rates will be cut this month by 0.25% or something lower as a token and thereafter it can be long pause. Incoming US economic data releases will also determine the interes...Read More
"Atico Mining has announced that it will be acquiring Toachi Mining and its Ecuadorian assets through an all-share deal. https://t.co/IpRopSxDJt @AticoAty #copper #gold #stocks"Read full newsRead More
"Just in case you missed it! A very nice article on $GEMC #GlobalEnergyMetals #Cobalt #MomentumStocks #Batterymetals #cobaltmine #tsxv #FutureMetal #Re20X #Panasonic @panasonic @Tesla Global Energy Metals expands cobalt footprint in Nevada @northernminer https://t.co/kgoXbcfkYf"Read full newsRead More
"Which TSXV-listed junior gold stocks have performed the best so far this year? Our list includes the five biggest gainers. https://t.co/Tr09cMEtLT #preciousmetals #TSXV #gold #stocks"Read full newsRead More
"$CLM #GoldStock #DueDiligence ??"^???""There is a huge difference between a good trade and good trading." - Steve Burns$CLM #TSXV #Crystallakemining #SmallCaps #MineralExploration #Geology#MomentumStocks #GoldMining #GoldenTriangle #AME #Gold #Copper https://t.co/09eFj6fGSD"Read full newsRead More
"$NBUD #DueDiligence ??"^???""The secret to investing is to figure out the value of something - and then pay a lot less." Joel Greenblatt #CorporatePresentation #Northbud #CannabisCultivation #USDistribution #Cannabis #CSE #SmallCaps #MomentumStocks https://t.co/GhKqETr0cL"Read full newsRead More
Renforth Resources Inc. (CSE:RFR, OTC Pink:RFHRF) ("Renforth" or the "Company") is pleased to announce that that our exploration team is in the field again, at both our wholly owned New Alger and Parbec properties, focussed on our surface gold occurrences, for the month of July.Read full newsRead More
Toronto - Today, Greg Rickford, Minister of Energy, Northern Development and Mines, issued the following statement in response to the Ontario Energy Board's Decision on Enbridge's application to include the federal carbon tax in natural gas rates:"We have been clear that we are committed to lowering energy costs and providing transparency for low-income families, seniors and small businesses. Our...Read More
"Black Tusk Resources Inc. (@tusk_inc) (#CSE: $TUSK | #OTC: $BTKRF) Enters the InvestmentRead full newsRead More