Share this articleTORONTO - Canada's main stock index was higher in late-morning trading, boosted by gains in the consumer staples sector as well as in financial and industrial stocks.The S&P/TSX composite index was up 69.40 points at 14,797.68.In New York, the Dow Jones industrial average was up 110.23 points at 24,533.49. The S&P 500 index was up 19.11 points at 2,656.83, while the Nasdaq compos...Read More
This is an ominous chart. This is the Dow Jones Transportation Average. And it looks dangerous.You see, when the transports and the Dow Jones Industrial Average agree, it gives us a clear sign of where the stock market is heading. Here is the industrial chart:Both charts have broken their respective support lines. Both are in downtrends, with lower highs and lower lows.I've been using the Dow th...Read More
Share this articleBiometric screening is expanding to the rental car industry.Hertz said Tuesday it is teaming up with Clear, the maker of biometric screening kiosks found at many airports, in an effort to slash the time it takes to pick up a rental car. Clear hopes it will lead more travellers to its platform, which has 3 million members in the U.S.It's the latest place consumers will find biomet...Read More
A Colorado School of Mines PhD candidate in hydrology was named the best student presenter at the American Water Resources Association's annual conference, held Nov. 4-8 in Baltimore, Maryland.Ryan Gilliom's presentation, titled "Using Policy and Historic Conflict to Inform Research Agenda: Infill Development and Stormwater Harvesting," investigated the place of stormwater in Colorado's water righ...Read More
Aton Resources (TSXV: AAN; US-OTC: ANLBF) recently drilled 4,125 metres across 50 reverse circulation holes during its phase one exploration program on the South Ridge at its Rodruin gold project, part of its 738 sq. km Abu Marawat concession in Egypt.The company hit gold mineralization in every zone it drilled: Aladdin's Hill, Spiral Pit, Central Buttress and GF. Highlights from the project so fa...Read More
This episode features a round-table discussion on mine automation recorded live at The Northern Miner's Progressive Mine Forum held at the MaRS Discovery District in Toronto in October 2018.The panelists are Mikko Koivunen, business line manager for automation at Sandvik Mining & Rock Technology; Walter Siggelkow, president and founder of HLS Hard-Line Solutions; Daniel Lucifora, manager of mine a...Read More
Amarc Resources (TSXV: AHR; US-OTC: AXREF) has identified five clusters of drill ready targets that cover areas ranging from 1.5 sq. km to more than 5 sq. km during 2018 exploration at its JOY copper-gold project in north-central B.C.'s Toodoggone region.Hudbay Minerals (TSX: HBM; NYSE: HBM) funded the $2.5 million exploration program. It also spent $1.15 million in 2018 to help Amarc acquire unde...Read More
Kirkland Lake Gold (TSX: KL; NYSE: KL) expects production growth of 10%-15% annually over the next three years with consolidated output of 740,000-800,000 ounces of gold in 2019, 850,000-910,000 ounces in 2020 and 945,000-1.05 million ounces in 2021.Production growth in 2019 will be driven by the company's Fosterville mine in Australia, 20 km from Bendigo in the state of Victoria. Fosterville is f...Read More
Mining Journal caught up with CEO Peter Steenkamp in Johannesburg to talk about these operations, the outlook for 2019 and his thoughts on operating in South Africa and the new mining c...Read More
I've been thinking a lot about Mexico.Warm beaches away from the cold weather sound great and I can't help but let thoughts of them creep in, but I'm thinking about business.Namely, the business of selling marijuana, and how to invest in the next big thing in the marijuana sector.A lot has been happening on the legalization front in recent months, and I think that Mexico may very well become a maj...Read More
"Mirasol Signs a Heads of Agreement with Newcrest Mining for the Gorbea Gold Projects in Chile and Announces Termination of the Zeus Agreement https://t.co/VeKW8bJQVP"Read full newsRead More
"Mirasol Signs a Heads of Agreement with Newcrest Mining for the Gorbea Gold Projects in Chile and Announces Termination of the Zeus Agreement https://t.co/rhH4dgHmux"Read full newsRead More
A.P.K. Safford, prominent for his mining and railroad ventures, served as third territorial governor.Read full newsRead More
CloseGain/LossGold $1244.30-$4.10Silver$14.52-$0.11XAU67.40-0.79%HUI154.01+0.05%GDM560.44+0.02%JSE Gold1249.20+48.07USD97.21+0.61Euro113.57-0.53Yen88.34-0.46Oil$51.00-$1.6110-Year2.854%-0.002T-Bond144.0625+0.15625Dow24423.26+0.14%Nasdaq7020.52+0.74%S&P2637.72+0.18% The Metals: Gold saw slight gains in Asia before it fell back to $1243.50 by a little after 8AM EST and then bounced back high...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort173,019124,01852,329135,067193,316360,415369,663Change from Prior Reporting Period 16,240-30,890-13,215-37,2914,858-34,266-39,247Traders17075725050248174 Small Speculators (C) GoldSeek.com LongShortOpen Interest 39,50430,256399,919 -8,616-3,635-42,882 non reportable positionsC...Read More
CloseGain/LossOn WeekGold$1248.40+$10.10+2.19%Silver$14.63+$0.25+3.25%XAU67.94+2.40%+5.40%HUI153.93+2.58%+6.13%GDM560.05+2.34%+5.32%JSE Gold1201.13-0.09+9.31%USD96.60-0.14-0.61%Euro114.10+0.24+0.80%Yen88.80+0.01+0.67%Oil$52.61+$1.12+3.30%10-Year2.856%-0.031-4.86%Bond143.90625+0.34375+2.27%Dow24388.95-2.24%-4.50%Nasdaq6969.25-3.05%-4.93%S&P2633.08-2.33%-4.60%Weekly Performance (Source: GoldSeek...Read More
Pan Global Resources (TSXV: PGZ) was granted a mineral exploration permit on the Escacena gold / copper / zinc prospect in the Iberian Pyrite Belt in southern Spain. In a press release, the Vancouver-based miner said the Escacena Investigation Permit was granted and a formal notice was received by current owner EVALAM 2003 SL. Yet, Pan Global has a binding Letter of Intent with EVALAM, providing t...Read More
"Last week's top TSX stocks include four precious metals companies and an oil and gas explorer. The five TSX-listed mining stocks that saw the biggest gains are as follows on this article: https://t.co/5RxuAzgfYC #investing #preciousmetals #gold #stocks"Read full newsRead More
"In case you missed it... North Bud to start operations at Low facility in Q1 -- @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC #medicalmarijuana -- Read it here: https://t.co/IzWu3FqLSX"Read full newsRead More
VANCOUVER - The Association for Mineral Exploration has announced the winners of its 2018 celebration of excellence award winners. They will be recognized for their significant efforts and contribution to the mining industry. The awards will be handed out on Jan. 30, 2019, during the awards gala at the Roundup.Here is a list of the winners:Al McOnie, Seymour Iles and Jared Chipman of Alexco Resour...Read More