Sirius Minerals (LON:SXX), the British company building a huge fertilizer mine beneath a national park, has signed up Wall Street giant JPMorgan to provide financing in the form of bonds and credit up to about $3.8 billion.The bank is underwriting a $400 million share placement, launched on Tuesday, at a price between 15p to 18p per share. It is also using its balance sheet to provide a $2.5 bi...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced its audited financial results for the twelve months ended December 31, 2018 ("FY2018"). On January 9, 2018 the Company changed its fiscal year-end from February 28 to December 31. As required in such cases, FY2018 is being compared to the ten months ended December 31, 2017 (the "Comparati...Read More
The O'Brien mine, halfway between the towns of Rouyn-Noranda and Val-d'Or along the Larder-Lake-Cadillac fault, was considered the highest grade gold producer in Quebec between 1926 and 1957, when the underground operation churned out 1.20 million tonnes grading 15.25 grams gold per tonne for 587,121 oz. gold.Today, the historic mine is part of Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF)...Read More
Eskay Creek, formerly the world's highest-grade gold mine, may be headed for a re-start due to very promising exploration work completed by Skeena Resources (TSX.V: SKE).Eskay Creek was operated by Barrick Gold until shutting down in 2008 due to a combination of high operating costs and a low gold price. Skeena picked up the option to explore the closed mine and has been working diligently on the...Read More
Gold has failed to gain traction over the past couple months, normally a seasonally-strong time. That has really weighed on sentiment, leaving traders increasingly bearish. Gold investment demand has flagged dramatically with lofty stock markets spewing great euphoria. That's given gold-futures speculators the run of the market, where they have sold aggressively including extreme shorting. But tha...Read More
Growing uncertainty has increased the attractiveness of gold as a hedge against a market downturn. While this sees some investors bolstering their exposure to bullion or gold exchange-traded funds like the SPDR Gold Shares, one of the best ways to gain exposure is to invest in gold miners with high-quality assets. The standout intermediate gold miner is Kirkland Lake Gold (TSX:KL)(NYSE:KL), which...Read More
The Fukushima incident still looms large over the nuclear power industry, with uranium prices still nowhere near what they could be. But that could be about to change, with the general sentiment towards nuclear energy enjoying something of a renaissance.Indeed, with Bill Gates, along with other high-profile commentators, chiming in to promote nuclear power as a critical, low-cost energy source ami...Read More
Market futures were pointing to a positive start in Toronto and London but lower on Wall Street and the S&P/ASX 200 index was lower at the time of writing.Both official and private business surveys pointed to slower Chinese factory growth this month, Reuters reported, maintaining hopes for further economic stimulus.The S&P500 had reached a fresh, record intraday high yesterday of 2,949.52...Read More
The Neal Project in Idaho, USA. Source: Pure Nickel Inc.Pure Nickel Inc. [NIC-TSXV; PNCKF-OTC] said Tuesday April 30 that it has signed a deal with a numbered company controlled by Eric Sprott that outlines the arm's length terms for the acquisition by Pure Nickel of a 51% interest in the Neal Development Ltd. Partnership from Sprott Mining, and the option to acquire an additional 27% of the Neal...Read More
Examining diamond drill core from the Soledad Project in Peru. Source: Chakana Copper Corp.Chakana Copper Corp. [PERU-TSXV] has announced an $8 million strategic investment from Gold Fields Ltd. [GFI-NYSE, JSE] that will see the world's seventh largest gold producer taking a 16.14% interest in Chakana.Under an agreement, Gold Fields Nazca Holdings Inc., a wholly-owned indirect subsidiary of Gold F...Read More
Elon Musk is an enigmatic billionaire at best. He is a big, bold thinker who produced some incredible technology, from flamethrowers to boring machines.But his bread and butter, Tesla, Inc. (NASDAQ: TSLA), is failing.The electric car tycoon warned us that he might have a bad quarter, but the market was shocked by the size of the loss.Tesla's net loss of $4.10 per share was below the lowest estimat...Read More
Two stories published by The Northern Miner in 2018 have been nominated for the 2019 National Magazine Awards: B2B.Northern Miner editor-in-chief John Cumming got the nod in the "Best Profile of a Company" category for his look at Toronto-based Black Iron (TSX: BKI; US-OTC: BKIRF) in the feature site-visit article, "Black Iron advances Shymanivske premium iron ore project in Ukraine."Standing on t...Read More
Gold explorer Barrian Mining Corp. (TSXV: BARI) has completed its initial public offering, and is now listed for trading on the TSX Venture Exchange under the ticker symbol 'BARI.'.The company has wrapped up an earn-in agreement with Allegiant Gold (TSXV: AUAU; US-OTC: AUXXF) to acquire up to a 75% interest in the latter's Bolo gold project near Tonopah, Nevada. Bolo will be Barrian's flagship as...Read More
On this day 230 years ago, George Washington stood on the balcony of the then New York City Hall on Wall Street and was sworn in as the first elected President of the United States.A crowd formed in the street. President Washington started the tradition of the inaugural speech and kissed the Bible on which he took his oath. Fireworks bought by the citizens in attendance lit up the sky to celebrate...Read More
"5 Top Weekly TSXV Stocks: Exploration Boosts Benchmark Metals. See who the other top gainers were at https://t.co/vy5ARJfZJT #TSXV #investing #stocks"Read full newsRead More
The top gainers on the TSX last week were Oryx Petroleum, GoGold Resources, Argonaut Gold, MAG Silver and Centamin.Read full newsRead More
"Flowr (@FlowrCanada) (#TSXV: $FLWR | #OTC: $FLWPF) Announces $15MM Financing led by mgmt and board; Adds Don Duet to Board, and Head of #CapitalMarkets, Thierry Elmaleh [https://t.co/eRBLnbvXg6]#investing #stocks #stockmarket #trading #investors #news #potstocks #cannabis"Read full newsRead More
Western Copper and Gold Corporation (TSX:WRN; NYSE American: WRN) announces that it entered an agreement with PI Financial Corp. (the "Agent") on a marketed best efforts basis to conduct a brokered private placement of up to 3,333,333 flow-through common shares (the "FT Shares") at a price of $0.90 per FT Share to raise gross proceeds of up to $3.0 million (the "Offering").Read full newsRead More
Bloomberg BNN is reporting that Newmont Goldcorp has suspended operations at the Penasquito Mine, due to a dispute with local truckers. Penasquito is the 5th largest silver mine in the world and the largest gold mine in Mexico.This is the second time in recent years where a dispute has led to a disruption of mining operations at the mine. In October of 2017, a week-long protest led by truckers who...Read More
April 26th, 2019(S14-E693)Featured GuestsJohn Williams& Dr. Douglas Vogt.Please Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITALBLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!).John Williams of Shadowstats.com returns to the show with provisos on the domestic economy. Investors are advised to prepare for a recession as soon as the second quar...Read More