Stornoway Diamond's Renard diamond mine in north-central Quebec. Source: Stornoway Diamond Corp.Stornoway Diamond Corp. [SWY-TSX; SWYDF-OTC] on Tuesday April 9 said it has decided to suspend open pit operations at its Renard Mine located about 250 km north of the Cree community of Mistissini and 350 km north of Chibougamau in the James Bay region of north-central Quebec, which will reduce operat...Read More
The Marimaca Project in northern Chile. Source: Coro Mining Corp.Coro Mining Corp. [COP-TSX] shares were active Tuesday April 9 after the company released an update from its Marimaca copper project in Chile and said it has appointed a new chief financial officer to replace Armando Veliz.Coro shares advanced on the news, rising 5% or $0.005 to 10.5 cents on volume of 886,600. The shares trade in...Read More
Paramount Gold Nevada Corp. (NYSE American: PZG) owns 100% of the Grassy Mountain Gold Project, which consists of approximately 11,000 acres, located on private and BLM land in Malheur County, Oregon. The project contains a gold-silver deposit (100% located on private land) for which results of a positive PFS have been released in 2018 and key permitting milestones accomplished. At PDAC2019, we le...Read More
Ray Dalio is billed as the world's greatest hedge fund manager. At least that is what they said when he was on 60 Minutes Sunday night touting his book Principles.On the program, he talked about the wealth gap, the pending social revolution, and his personal guilt at being so rich without actually earning it...His main point was that there is a lack of opportunity for poor people to move into the...Read More
The Petroleum Engineering Department at Colorado School of Mines won three of the nine technical awards given out this year by the Rocky Mountain Region of the Society of Petroleum Engineers (SPE).Linda Battalora, teaching professor of petroleum engineering, is the winner of the 2019 Regional Sustainability and Stewardship in the Oil and Gas Industry Award.Will Fleckenstein, adjunct professor of...Read More
SANTIAGO, CHILE - Mention electric vehicles and copper industry executives' eyes dazzle like the headlights on a Tesla.As electric motors and lithium batteries replace combustion engines, cars, buses and trucks are all going to contain a lot more copper.This is good news for attendees at CESCO Week, the copper industry's annual get together in Santiago. For them, coal mining is consigned to the...Read More
In 2012, A10, a leading Brazilian M&A and private equity firm, used its personal capital and partners' funds to back Sigma Lithium Resources (TSXV: SGMA; US-OTC: SGMLF) and its hard-rock lithium project.A10 took the company public and raised its stake from 72% before the IPO to 75%, the regulatory cap under Brazilian law."We actually bought more stock since we took it public and we haven't sold a...Read More
The spot gold price fell 0.04% to US$1,291.40 per ounce. The Philadelphia Gold & Silver Index rose 0.62% to 76.84 and the Dow Jones Industrial Average rose 1.9% to 26,424.99. The S&P 500 Index rose 2.6% to 2,892.74.Shares of Lithium Americas rose 27% to US$4.80, after the company announced that Ganfeng Lithium would invest US$160 million in its Cauchari-Olaroz lithium project by buying new shares...Read More
Recent drilling by Frontier Lithium (TSXV: FL; US-OTC: HLKMF) at its Spark pegmatite lithium zone, part of its 69-sq.-km PAK lithium project in northwestern Ontario, has confirmed the zone continues at depth.The company drilled 1,340 metres across five holes at the Spark pegmatite in February. All five holes intersected significant spodumene pegmatite.The company has received assays for one of the...Read More
With its second binding offtake agreement in two weeks, Walkabout Resources (ASX: WKT) has secured the sale of 75% of its large flake graphite concentrate for the first three years of production at its Lindi jumbo graphite project in southeastern Tanzania.Under an agreement announced today, Walkabout will sell 10,000 tonnes of large and jumbo flake graphite concentrate to Qingdao Rising Dawn Graph...Read More
Western Copper and Gold Corporation (TSX:WRN; NYSE American:WRN) ("Western" or the "Company") is pleased to report that the Yukon Government and Little Salmon/Carmacks First Nation have reached an agreement (the "Agreement") for the first section of the Casino Project access road: the proposed Carmacks Bypass.Read full newsRead More
April 5th, 2019(S14-E690)Featured GuestsEd Moya &Bob HoyePlease Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!).Ed Moya, Chief Market Strategist at Oanda makes his show debut with comments on equities, PMs, Bitcoin and crude oil. Our guest notes the price of gold would be much higher if the trad...Read More
I was in receipt of the following erudite communication about Commercial gold short positions yesterday from a friend in Toronto..."Re: HOLY SHISA BATMAN: THE COMMERCIALS COVERED OVER 70 000 Gold Short Contracts!!!!!!!!!!!!!!!!!!!!!!!! - Can you say WOW!!!!!!!!!!"...and while I myself would perhaps have expressed this in a somewhat more restrained manner, the point is certainly worth taking, esp...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price didn't do much during the first two hours of trading once it began at 6:00 p.m. EDT on Thursday evening in New York. But then the price pressure began -- and that sell-off lasted until a few minutes after 12 o'clock noon in Shanghai on their Friday. Except for a rather violent down/up move at 8:30 a.m. in New York wh...Read More
By: IRA EPSTEIN Is Gold Building a Base or a Top?Read More
Trump wants interest rate cuts this year. His strategy is simple: Weaken the US dollar ? A weaker US dollar will help US exports and also reduce import ? Higher employment will be there if interest rate cuts are there and the US dollar also weakens. The ultimate goal of all these moves is to get a re-nomination next year and also win next year presidential elections. The fallout of a weaker US d...Read More
"5 Top Weekly TSX Stocks: Black Iron Takes the Lead. See who were the other top gainers on the TSX last week at https://t.co/A7akTJkuJp #TSX #mining #investing"Read full newsRead More
"5 Top Weekly TSXV Stocks: Desert Lion soars on BASF deal and last week's other top-gaining stocks on the TSXV: https://t.co/c8CPFXTaxY #TSXV #juniormining #exploration #investing"Read full newsRead More
"iMetal Resources Receives Airborne Geophysical Results - New Major Exloration Targets Identified -- $IMR #IMR @iMetalResources #Gold #Silver #Copper #Cobalt #momentumstocks #smallcap #hotstocks #Gowganda #PDAC2019 --Read the News Release here: https://t.co/mKHvIDphkp"Read full newsRead More
"@Cannarabiotech is building one of the largest indoor cannabis cultivation facilities (625,000 square feet) in Canada - are you ready?https://t.co/S8U3aS3ycW#love $love #cannabis #cbd #cse #marijuanastocks #momentumstocks #potstocks #smallcap #thc"Read full newsRead More