James Kunstler summarized it perfectly. So rather than reinventing the wheel, here's an excerpt from his Monday commentary:Jerome Powell [was] wheeled out on CBS's 60 Minutes Sunday night, like a cigar store Indian at an antique fair, so vividly sculpted and colorfully adorned you could almost imagine him saying something. Maybe it was an hallucination, but I heard him say that "the economy is in...Read More
This means the Jersey-registered company, which has a market cap of £5.37 million (US$7 million) is on the hook for US$140,000 plus 10% annual interest and both sides' costs.Read More
Drilling a potential kimberlite pipe on the Bishop Nipissing properties near the town of Cobalt, northeast Ontario. Source: RJK Explorations Ltd.RJK Explorations Ltd. [RJX.A-TSXV; RJKAF-OTC] said Tuesday March 12 that it has commenced drilling to test two potential kimberlite targets at its Bishop Nipissing diamond properties south of Cobalt, Ontario.The company also said Robert J. Mackay, a min...Read More
Goldcorp's Cerro Negro mine in Argentina. Source: Goldcorp Inc.Goldcorp Inc. [G-TSX; GG-NYSE] has ceased mining at its Cerro Negro mine in Argentina as a result of an illegal work stoppage by the AOMA mining union, the company said in a press release, Tuesday March 12."All mining ceased when the work stoppage began late on March 9, 2019, and processing activities have now been discontinued with th...Read More
Shannon Stubbs, Conservative Member of Parliament.Shannon Stubbs, Conservative Member of Parliament who represents the riding of Lakeland, Alberta, provided Resource World Magazine with her thoughts on mineral development during an interview at the recent Prospectors and Developers of Canada annual conference in Toronto.RESOURCE WORLD: How would you characterize the current state of the mining ind...Read More
Well, it's been a heck of a year. The S&P 500 went from a low of 2,350 in December back up to around 2,800 in an attempt to break though some stubborn resistance. This is known as a short-covering sucker's rally.Meanwhile, the price-to-earnings ratio dropped from 26.5 to 21.35. It is still well above the mean P/E of 14.75 but not quite as stratospheric as it has been.Was it only 10 years ago tha...Read More
Newcrest Mining (ASX: NCM) says there is potential to transform Imperial Metals' (TSX: III) Red Chris copper-gold mine in northwestern British Columbia into a tier-one operation, and is spending US$806.5 million to acquire a 70% joint-venture stake in the mine and surrounding 230 sq. km land package. "We do not do mergers and acquisitions purely to get bigger or for the sake of adding ounces," New...Read More
Hudbay Minerals (TSX: HBM; NYSE: HBM) has received the last key permit it needs to start building its Rosemont mine in Arizona.The U.S. Army Corps of Engineers issued a Section 404 water permit for the project, which a feasibility study in 2017 forecast would have a mine life of 19 years and produce 112,000 tonnes of copper in concentrate a year at a life-of-mine cash cost of US$1.29 per lb.Now th...Read More
Appia Energy Corp., (CSE:API, OTCQB:APAAF) is ramping-up uranium and critical rare earth elements exploration and development activities in Canada, with active projects in Saskatchewan's Athabasca Basin area and uranium and REE resources in the province of Ontario. The Athabasca Basin is the world's leading source of high-grade uranium and currently supplies about 20% of the world's uranium.Figu...Read More
The S&P/TSX Venture Composite Index fell 1.13% to 618.08 in the first week of March, after a strong close to February.Shares of Maverix Metals rose 36 ? to $2.69. The royalty and streaming company produced 20,900 equivalent oz. gold in 2018, beating the upper end of its 18,000 to 19,000 equivalent oz. gold guidance, and a 75% improvement over its 2017 equivalent oz. gold production.The company pro...Read More
Seabridge Gold (TSX: SEA; NYSE: SA) has tabled an updated resource estimate for its Iron Cap gold-copper porphyry project in British Columbia that increases the project's indicated resource by 460,000 oz. gold and 177 million lb. copper. It also boosts the project's inferred resource by 7.45 million oz. gold and 4 billion lb. copper.The project now contains 423 million indicated tonnes grading 0.4...Read More
It is easy to forget with all the explosive growth in the marijuana sector how far it could really go.We're still in the early days of the marijuana industry.Sure, this is obvious in the U.S., but it is true for even the most comprehensive recreational and medical markets.Look no further than what we discussed last week, as Canadian businesses are falling short of sales expectations because of pro...Read More
NexGen Energy Ltd. was awarded the 2019 PDAC Environmental and Social Responsibility Award for their environmental ...Read More
This week in Insights, we tackle the question of what is next for Canadian stocks after a nice run in the first two months of the year. For clues, we look to our INK Sentiment Indicator which is showing some signs of potential weakness.Click for largerWe also highlight our Broadcast of the week and Insider of the Week. Click here to read the March 11th edition (registration not required).Read More
"Innovation in mineral exploration technology and methodology gives resource exploration companies a leg-up in a competitive industry. https://t.co/8mS66x4OU3 @WhiteGoldCorp #exploration #innovation #investing"Read full newsRead More
"Grown Rogue Revenue More than Quadruples in Preliminary First Quarter Sales Results Read more here: https://t.co/05EzKKZJmh@GrownRogue #GrownRogue #GRIN $GRIN #MomentumStocks #THC #Cannabis #Oregon #OregonCannabis #OregonCannabisGrowers"Read full newsRead More
"$SIRI - Sirius XM Holdings, Inc. (SIRI) CEO James Meyer Presents at Deutsche Bank Media, Internet & Telecom Conference (Transcript) https://t.co/4ZYXC4Q5kH"Read full newsRead More
"$REGN - Regeneron Pharmaceuticals (REGN) Presents At Cowen And Company 39th Annual Health Care Conference - Slideshow https://t.co/O0Sj3Sg9wQ"Read full newsRead More
Mar. 8th, 2019(S14-E686)Featured GuestsDr. Stephen Leeb& Ryan Walsh Ph.D.Please Listen HereBest selling author and show Mentor, Dr. Stephen Leeb returns with an key insights on the coming precious metals bonanza. As the world searches for alternatives to the reserve currency to avoid what is sometimes perceived as unfair trade practices. The price of gold is destined to return to it's former lo...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price edged quietly sideways once trading began at 6:00 p.m. EST on Thursday evening in New York -- and that lasted until around 9:20 a.m. China Standard Time on their Friday morning. It began to head higher from there -- and that lasted until shortly before 9:30 a.m. in London. It crept quietly lower from that juncture un...Read More