Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Brazil's second largest mine, behind Vale's Caraj??s.Read full newsRead More
A report made public today by Rapaport reveals that polished-diamond prices softened in January, with 1-carat stones falling by 0.4% last month and 1.8% compared to January 2018, while 3-carat gems fell by 1.8% last month and 5.9% compared to last year.Smaller diamonds saw a less steep decline in prices as 0.5-carat rocks fell by 0.3% in January 2019 and 0.1% when compared to last year, and 0.3-ca...Read More
Lara Exploration (TSXV: LRA) announced this week that it signed a Definitive Agreement granting Capstone Mining (TSX:CS) an exclusive option to earn up to a 70% interest in the Planalto copper project, located in the Caraj??s province in northern Brazil.In a press release, the companies stated that under the terms of the agreement, Capstone has to pay Lara $200,000 following the receipt of a drill...Read More
BlueRock Diamonds (LON:BRD) said Tuesday it had recovered an "exceptional" 8.97-carat stone at its Kareevlei mine, in the Kimberley region of South Africa.It is the second largest stone mined from Kareevlei and the third valued at more than $50,000. The other two were a 7.76 carat stone sold for $10,070 per carat in 2017 and a 10.58 carat diamond sold for $7,047/carat in 2018.The 8.97 carat stone...Read More
"A Super Bowl blitz of strippers hit Atlanta - 'Everyone's looking at it like it's a gold mine' https://t.co/zGxt5hpF2H"Read full newsRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that its plant-based products and packaging are now available on RangeMe, an innovative technology platform being adopted by leading North American retailers including Albertsons, Whole Foods, Target, CVS, HEB, Publix, Safeway, Sam's Club and Wegmans.Modeled after modern matchmakin...Read More
Price inflation has been badly misrepresented by CPI figures and have been averaging closer to about 8% annually since gold topped in Sept 2011. Since then the purchasing power of the dollar has declined by about 43%, so that in 2011 dollars the gold price is $740. No one seems to have noticed, leaving gold extremely cheap. - Alasdair Macleod, "Ten Factors To Look For In Gold In 2019"The following...Read More
Editor’s Note: This story was previously published in November, 2018. It has since been updated and republished.After the most recent midterm elections it was clear that Americans preferred legalization over the continued prohibition of pot, which should bolster the case for the top marijuana penny stocks.When residents in California voted for full recreational weed, it boded well not just f...Read More
OceanaGold (TSX: OGC; ASX: OGC) says its mines in the Philippines, New Zealand and the U.S. will produce a total of between 500,000 and 550,000 oz. of gold and 14,000 to 15,000 tonnes of copper this year at all-in sustaining costs (AISC) ranging from US$850 and US$900 per oz. gold sold.In 2018 the company produced 533,300 oz. of gold and 15,000 tonnes of copper at AISC of US$767 per ounce.This ye...Read More
by Morris HubbarttFebruary 5, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video AnalysisSF60 Key Charts, Signals, & Video Analysis SF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Website Readers: Send me an email to signals@superforcesignals.com a...Read More
After surging to its highest price since May 2018, gold has pulled back sharply in recent days because of renewed optimism for the global economic outlook and for stocks. This doesn't mean that the gold bull market is over, with a range of indicators, key being growing economic and geopolitical uncertainty, pointing to firmer gold during 2019. That will act as a powerful tailwind for many gold sto...Read More
Let's go over some stocks that were still trading on the TSX index with low multiples just a few months ago and see whether they're still bargains. A combination of gold and energy stocks, this trio would have made a sound addition to a portfolio with their previous valuations. However, as we return to them today, we'll see that the economic landscape has shifted quite dramatically since then, ske...Read More
I used to be a much more flexible investor than I am nowadays.I would invest in anything as long as I thought it was undervalued. I cared more about my so-called "margin of safety" versus the quality of the business. If I could buy assets for 50% less than what I thought they were worth, I was all over it.But after some lackluster results, I changed my habits. I now focus on the best companies I c...Read More
In a well-diversified portfolio, investors should hold some gold stocks, as these stocks act as a buffer with little correlation to the rest of the market. They rally when the U.S. dollar weakens, when there is a lot of uncertainty in the market, and when investors are looking for a "safe haven" in their portfolios.Strong U.S. economic data, a strong US dollar, and a return of investor optimism ha...Read More
Gold has pulled back sharply in recent days after hitting an 11-month high of over US$1,323 an ounce. While this has sparked some concern that gold will weaken further, there is every indication that 2019 will be a strong year for the precious metal. Many pundits believe that it has once again entered a bull market and could rise to US$1,350 per ounce or even higher. That positive outlook will b...Read More
Base metal futures were higher in Asian trade, as was iron ore as Vale SA warned a further 30 million tonnes of production would be impacted after a Brazil court ordered the suspension of eight tailings dams in the wake of the deadly Brumadinho disaster late last month. "This would be an incremental supply shock to the iron ore market and would support prices at higher than expected levels,"...Read More
The market for the small capitalization early stage mining and exploration companies remains very sluggish. However, we expect to see a change very soon. Since 2015, some mining stocks have been in a bull market phase and have seen substantial percentage moves up. So attention is now merited! IMPERIAL MINING GROUP on TSXV at 10 cents a share is...Read More
I just got back from a trip to Texas. Here is a picture of the Permian Basin from the air:When I first saw it, I didn't know what it was. Not farms, not houses. Just empty dirt lots lined up like track homes. After some research, I discovered that those squares are DUCs: drilled but uncompleted wells. I find it absolutely amazing. What it means is that the United States has more oil and gas than...Read More
Hydrologists and computer scientists at 7 U.S. institutions led by Colorado School of Mines are teaming up to increase access to state-of-the-science water modeling tools. Understanding the movement and availability of water locally and across the country is of paramount importance to both economic productivity and the human health of the nation. Decades of hydrology and computer science advan...Read More
Diamond drill core from the Sun Metals Stardust Project in north-central British Columbia. Source: Sun Metals Corp.Sun Metals Corp. [SUNM-TSXV] has agreed to acquire, through a wholly-owned subsidiary, all of the issued and outstanding shares of Lorraine Copper Corp. [LLC-TSXV, LRCPF-OTCQB] by way of a plan of arrangement. Sun Metals is currently earning a 100% interest in Lorraine's wholly-owned...Read More