The provisional value was down from the final sales cycles of 2018, which saw global sightholder and auction sales total $544 million, the highest level since the mid-year fifth cycle value of $581 million.It also compared to $672 million in the first sales cycle of 2018, $729 million in the first cycle of 2017 and $545 million in the first cycle of 2016.CEO Bruce Cleaver cited higher than normal...Read More
Drilling the Cangrejos gold-copper project in southwest Ecuador. Source: Lumina Gold Corp.Lumina Gold Corp. [LUM-TSXV, LMGDF-OTCQX] said Tuesday January 29 that drilling at its 100%-owned Cangrejos gold-copper project in southwest Ecuador has resulted in the discovery of a second deposit.The existence of the Gran Bestia deposit was confirmed in the most recent results from a 2018 drilling program...Read More
Construction Photos from the Buritic?? Project Source: Continental GoldContinental Gold Inc. [CNL-TSX; CGOF-OTCQX] shares rallied Tuesday January 29 as investors reacted to a project update for the company's Buritica gold mine in Colombia.Continental shares jumped 20.6% to $2.17 on volume of over 3.0 million. The shares trade in a 52-week range of $1.76 and $4.01.A 19.9%-owned affiliate of Newmont...Read More
I haven't been this popular since I lived slope-side at a ski resort in Colorado. Despite the fact that I was a ski bum living in a studio apartment, Navy, high school, and college buddies traveled great distances to stay with me.Back then, I had dreams of making a living with Warren Miller. Today, my popularity has to do with puppies. I'm at that age where my offspring are seeking fulfillment in...Read More
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has tabled a feasibility study for its Cerro Blanco gold project in Guatemala that states the project would produce 902,000 oz. gold over an eight-year mine life. It would cost an initial US$196 million and achieve after-tax payback in 2.1 years.The project has a US$241 million after-tax net present value at a 5% discount rate and a 34% after-tax inte...Read More
Great Panther Silver (TSX: GPR; NYSE American: GPL) has increased the measured and indicated resource at its Topia silver-gold-lead-zinc mine in Mexico's Durango state to nearly 15 million silver-equivalent ounces.Despite mine depletion since the last resource estimate was completed four years ago, Great Panther Silver has boosted Topia's measured and indicated resource by 28% to 475,900 tonnes gr...Read More
In the lithium space, all eyes are on Australia, where key sources of new supply are due to come online, with help from the country's recent fast-tracking of spodumene operations through a combinationRead More
Way back in 1994, my brother asked for and got one of the lamest birthday presents I have ever seen.He was a freshman in high school, and he had two fancy new Microsoft share certificates (remember them?)I'm not entirely sure I even knew what stocks really were at the time.What I did know was that I missed out when he would open up the newspaper stock listings (remember them?) and proudly announce...Read More
Unplanned outages at Incitec's Louisiana and Phosphate Hill plants are expected to have a combined earnings before interest and tax impact of about A$45 million for the financial year ending September 30, 2019.The Louisiana ammonia plant has been impacted by downtime caused by issues in the plant's carbon dioxide removal system.Following an inspection of the equipment repair work is underway, whic...Read More
The company's share price fell $12.49 following the results announcement.Caterpillar actually posted a record profit per share of $10.26 for 2018. But that did not match with what analysts had predicted.It seems much of the problem for Caterpillar came from its Construction area, particularly in the Asia-Pacific region. Sales in that region fell 4% for the December quarter to $1.48 billi...Read More
Game of Thrones loses one of its Dark Hedges trees and all that glitters is not gold.Read full newsRead More
With the right guidance, veering toward Class C properties in lower-income areas is a great way for investors to find their next diamond in the rough.Read full newsRead More
"$DSGX - Descartes Systems Group, Inc. (DSGX) Descartes Systems Group Inc to Acquire Visual Compliance/eCustoms Business (Transcript) https://t.co/a0SzE0ZUUe"Read full newsRead More
Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for January 2019 payable on February 25, 2019 to shareholders of record as of February 11, 2019.Read full newsRead More
Jan. 25th, 2019(S14-E680)Featured GuestsCEO Paul Snow &Bill MurphyPlease Listen HereShow HighlightsBill Murphy of GATA.org returns to the show with fresh insights on the PMs sector.Palladium is key precious metal in the auto manufacturing sector used primarily for emissions reduction in gas engines.China and other BRICS nations are stockpiling the metal amid a global shortage.The price of Pall...Read More
Gold took wing Friday, energized by weakness in the dollar. The $23 upthrust stalled almost exactly at the 1302.90 Hidden Pivot midpoint resistance shown, validating both the bullish pattern and a 1330.40 target we've been using for the last week or so. (Note: These numbers differ slightly from the ones given here earlier because the pattern's point 'C' low changed.) The 1330.40 'D' pivot wil...Read More
US-China trade war result, FOMC and January nonfarm payrolls will be closely watched. Gold and silver demand will be dependent on the ability/inability to trade over $1300 and $1560. A big week for gold and silver bulls. FOMC meet will be scanned for the timing of the next interest rate hike. Markets do not expect any interest rate hike this year. FOMC or Nonfarm payrolls either of them indica...Read More
Exploration in British Columbia hit paydirt on Monday, with the Premier announcing that two investment-friendly tax credits would no longer be evaluated on a year to year basis.Speaking at Roundup 2019, the annual meet-up organized by AMEBC (Association for Mineral Exploration), Horgan said his government will adopt the recommendations of the Mining Jobs Task Force in making the Mining Flow-Throug...Read More
Hodge also discusses the uranium market in this interview, explaining which producers he thinks will come back online first.Read full newsRead More
Last week's top-gaining mining stocks on the TSX were Tanzanian Royalty, Western Copper and Gold, Liberty Gold, Mandalay and Royal Nickel.Read full newsRead More