Canada's IDM Mining (TSX-V:IDM), which is in the process of being absorbed by fellow miner Ascot Resources (TSX-V:AOT), can now start building its flagship Red Mountain gold and silver mine near Stewart, British Columbia, as it has received the federal government's environmental approval.Environment and Climate Change Minister Catherine McKenna said late on Monday that the proposed mine was not...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce that Ms. Sarah Bundy has been appointed to the Board of Directors of the Company. Ms. Bundy is an award-winning business and digital marketing thought leader, ranked in the Top 40 Under 40, Top 100 Fastest Growing Companies in Canada, Top 100 Female Entrepreneurs in Canada a...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") is pleased to announce that it has commenced a program of follow-up core drilling targeting extensions of the newly discovered Hurricane zone uranium mineralization at its 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan.Drilling Program Mobilization Highligh...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced preliminary and unaudited revenue estimates for the quarter ended December 31, 2018 ("Q4") and fiscal year ending 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, Q4 and FY2018 are being com...Read More
Newmont Mining says it has agreed an all-share takeover of Goldcorp that values its Canadian rival at around $10 billion.Read full newsRead More
Newmont Mining (NYSE: NEM) will acquire all outstanding Goldcorp (TSX: G; NYSE: GG) shares in a deal that values Goldcorp at US$10 billion to create Newmont Goldcorp, the companies announced Jan. 14, 2019.Newmont Goldcorp will be the world's largest gold company by gold production, free cash flow and enterprise value, defined as market capitalization plus net debt.In 2017, the two companies produc...Read More
As one of the largest uranium miners in the world, Cameco Corp (TSX:CCO)(NYSE:CCJ) draws plenty of attention from potential investors. Uranium is, after all, a commodity that is slated to see higher demand in the next few years as a growing number of countries worldwide turn back to nuclear power as a cleaner and quicker way to power booming infrastructure growth.But does this make Cameco a good i...Read More
Piss poor performance for conference host Mr. Katusa considering he charges $3495 USD a year for his subscription service. All three of his picks mentioned at the show were significantly in the red over the last year.The competition was between Marin Katusa, Frank Holmes, and Rick Rule (winner).Only 2 out of the 8 picks given finished in the green.I hope someone holds Marin and Frank accountable a...Read More
Barkerville Gold (BGMZF, BGM.V) is advancing it Cariboo Gold Project in British Columbia. The Cariboo Project is a district-scale, massive land package loaded with gold mineralization (over 110 gold-bearing streams on the property). Osisko Mining took operational control of the Project, with the transition beginning in mid-2015. Chairman, Sean Roosen, took the old Osisko Mining's Canadian Ma...Read More
Glencore has been hit by corruption investigations and the "high discounting of the coal and African copper business units", Bernstein analyst Paul Gait said.Read More
Rob McLeod, President and CEO of IDM Mining, shows off the 10 g/t gold mineralization underground at the Red Mountain Project, northwest B.C. Photo by Ellsworth Dickson.IDM Mining Ltd. [IDM-TSXV; IDMMF-OTCQB] said Tuesday January 15 that the Canadian Environmental Assessment Agency has issued a positive decision statement for the company's Red Mountain underground gold project near Stewart, northw...Read More
The Transition Metals Highland Gold Project in Cape Breton, Nova Scotia. Source: Transition Metals Corp.Transition Metals Corp. [XTM-TSXV; TNTMF-OTC] shares rallied Tuesday January 15 after the company released new assay results from its Highland Gold Project in Cape Breton, Nova Scotia.Highlights from a rotary air blast drilling program include 9.14 metres, grading 23.22 g/t gold, the company sai...Read More
The empty branches in the trees, the cold winter wind, and snow in the driveway can only mean one thing: football playoffs.I'll duly admit to being a fair-weather fan. If the Mighty Ravens aren't in the annual tournament, I'm not that interested.But they were this year, and how they played has something to say about how winners invest.Football, like the stock market, is a game of matchups. The Rav...Read More
Mako Gold Limited (ASX: MKG) is an Australian based exploration company founded by a husband and wife team of geologists Ann and Peter Ledwidge, who between the two of them have 60 years of field experience on three continents. Mako Gold is focused on making a significant high-grade gold discovery by exploring its portfolio of highly prospective gold projects in C??te d'Ivoire and Burkina Faso in...Read More
After spending 17 years with Newmont Mining as a senior exploration geologist, and being transferred twice in the same year (1997), I decided it was time to strike out and do something new.As fate would have it, later that year I landed a most interesting job with a privately funded, start-up mining and energy exploration company.The company was owned by Mr. Mohamed Al Fayed, a wealthy Egyptian bu...Read More
Gold prices rose 0.2% to close the trading week at US$1,286.80, while the Philadelphia Gold and Silver Index fell 0.2% to close at 71.71. The Dow Jones Industrial Average rose 2.4% to 23,995.95 and the S&P 500 Index rose 2.5% to 2,596.26. Shares of Hecla Mining rose 5% to US$2.71. The company announced its 2018 production results, tallying 10.4 million oz. silver and 263,103 oz. gold. While Hecla'...Read More
After a jittery year-end, investors jumped back into stocks on the Toronto Stock Exchange during the first full week of trading in 2019, pushing the S&P/TSX Index up 512.4 points - or 3.6% over the trading period - to 14,939.20 on Jan. 11. The volume leader was Barrick, which dropped $1.03 to $16.52, as it began the year trading as the new merged entity, incorporating Randgold Resources' gold asse...Read More
Shares of Cobalt 27 Capital rose 26 ? to $4.44. In January 2019, the company bought Westgold Resources' royalty on the Mount Marion lithium mine in Western Australia for $240,400, plus 200 tonnes of physical cobalt. The royalty consist of 1.5% gross revenues and A$2 per tonne of ore mined from part of Mount Marion. The mine is a joint venture between Jiangxi Ganfeng Lithium, Mineral Resources and...Read More
Another day, another big acquisition in the marijuana sector.This time it is Whistler Medical Marijuana, with which Aurora Cannabis, Inc. just entered into a letter of intent that will see Aurora acquire the privately-held company for around $175 million.The all-stock transaction is just one more on a growing list of consolidation that is only going to accelerate this year.The Race Is OnThe early...Read More
The empty branches in the trees, the cold winter wind, and snow in the driveway can only mean one thing: football playoffs.I'll duly admit to being a fair-weather fan. If the Mighty Ravens aren't in the annual tournament, I'm not that interested.But they were this year, and how they played has something to say about how winners invest.Football, like the stock market, is a game of matchups. The Rav...Read More