One of the greatest compliments that I think I can ever receive in life is if someone who really knows me tells me the following:“Jay, I’ve known you for a long time now, and you’re always the same dude.”The above comment might not seem like much, and albeit it can read rather vague if there’s no context behind it, but for a simple dude like myself, that’s reall...Read More
Share this articleCALGARY - Precision Drilling Corp. says it is entitled to a $20-million break fee after Ensign Energy Services Inc. announced Tuesday that it will take control of Trinidad Drilling Ltd. by acquiring a majority of Trinidad's shares.Calgary-based Precision, the largest driller in Canada, said the fee is owed as part of the Oct. 5 arrangement it had with Trinidad after terminatin...Read More
Share this articleCALGARY - Ensign Energy Services Inc. says it will take control of Trinidad Drilling Ltd. after acquiring a majority of the company's shares by its Tuesday deadline.The Calgary-based drilling company says 56.38 per cent of Trinidad shares have been tendered. The 154.1 million shares are in addition to the 26.9 million it also owns, raising its stake in Trinidad to 66.18 per cen...Read More
Here is the chart of Sotheby's (NYSE: BID).The company sells fine art, decorative art, jewelry, wine, and collectibles internationally. It most recently sold Marie Antoinette jewels for $53.2 million, which set a record. On the downside, a $40 million Vincent van Gogh failed to sell at all.In the latest quarter, revenue fell by two-thirds, and the company lost $27 million. What you may not know is...Read More
Share this articleWABUSH, N.L. - The Labrador mining town of Wabush is in for a much-needed economic boost as one of Canada's largest iron ore mines restarts production next year.Premier Dwight Ball was in Wabush today to announce the official reopening of the Scully mine, with hiring for 260 new jobs to begin over the next few weeks.Hundreds of people lost their jobs when Cliffs Natural Resou...Read More
Paul Morgan, senior geothermal geologist at the Colorado Geological Survey, was interviewed by Fox31 Denver about his involvement in the NASA Mars InSight mission, which landed safely on Mars on Monday, Nov. 26. Morgan is one of the U.S.-based co-investigators on the lander's Heat Flow and Physical Properties Probe (HP3) and worked very closely on the probe's design with engineers at NASA's Jet...Read More
Ian Lange, assistant professor of economics and business at Colorado School of Mines, was recently recognized by the Denver Busines Journal for his contributions to the local energy industry. The annual Who's Who in Energy list features the region's top 100 executives from multiple sectors invovled in the energy industry, including oil and gas, accounting, finance, law and education. Lange, who j...Read More
Additional drilling at Tinka Resources' (TSXV: TK) 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project's resource estimate from an assessment in 2015.The carbonate replacement deposit at Ayawilca contains two different types of mineralization, tin-copper mineralization (the tin zone), and zinc-indium-silver-lead m...Read More
On Nov. 8, McEwen Mining (TSX: MUX; NYSE: MUX) entered into an equity distribution agreement with UBS Securities, BMO Capital Markets, Cantor Fitzgerald & Co., H.C. Wainwright & Co., Roth Capital Partners and Alliance Global Partners to offer up to US$90 million of its common stock in the United States. Under the terms of the "at-the-market offering" filed with the United Securities Exchange Commi...Read More
NUM members are striking in protest at the retrenchment of 1,082...Read More
Paul ZimniskyThis episode features an in-depth interview with independent diamond analyst and consultant Paul Zimnisky on the rise this year of laboratory-created diamonds and their effect on the retail diamond market as well as the prospects of traditional miners of natural diamonds.In the interview, Paul and Northern Miner editor-in-chief John Cumming also take a look at some of Paul's stock-mar...Read More
Editor's Note: Azucar Minerals (TSX: AMZ.V) (OTC: AXDDF) CEO Morgan Poliquin has a track record of discoveries and, along with his father, Duane Poliquin, has pioneered exploration in Eastern Mexico.Azucar's new copper-gold discovery - El Cobre - has attracted the attention of 19.9% partner Newcrest Mining. Earlier this year, Newcrest acquired the 19.9% interest in Azucar at a price of C$1.36 a sh...Read More
The argument over whether we're in for global warming or global cooling and whether what's coming is natural or human-made is fun but totally irrelevant from a financial perspective. The fact is that for whatever reason and in whatever direction, the climate is getting more aggressive. Monster snowstorms and apocalyptic fires are clearly becoming more common: Combine the rising number of bad thing...Read More
In an unprecedented move long sought by mineral explorers, Canada's federal government has extended the mineral exploration tax credit (METC) for five years.The news came in November as part of the government's Fall Economic Statement, which included a $17.6 billion suite of business-friendly tax measures and investments which should benefit firms in the mineral sector.The METC allows qualifying e...Read More
2018 was a great year for tech stocks... until it wasn't.The Nasdaq 100 was up nearly 20% for the year. Now it is down 5%.The big-name stocks all climbed, then spectacularly imploded.Facebook share prices were dumped overnight in July and shares are down about 25% for the year.Apple is basically back to where it started the year. Same with Google.Amazon is still up over 30%, but that's a far cry f...Read More
"CEO INTERVIEW - Triumph Gold ChairmanJohn Anderson: District-scale Freegold Mountain Project Seeing Favorable Results https://t.co/NUj2aU1DKC @TriumphGoldCorp #exploration #gold #yukon #investing"Read full newsRead More
"Abattis Bioceuticals (@Abattis) (#CSE: $ATT // #OTC: $ATTBF) Celebrates Release of Comfort Through Vergence Naturals [https://t.co/U8AOZcLvMQ]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #cannabis #cannabisdaily #MarijuanaStocks"Read full newsRead More
An old gold mine could be reopened as a new study suggests there's gold in them thar hills!Read full newsRead More
Fears over slowing Chinese growth and impact of trade war with the US removes floor under iron ore price.Read full newsRead More
Lyle Stein, senior portfolio manager and managing director at Vestcap Investment Management, recommends that investors look at the mining and energy sectors for buying opportunities. He says small players in those groups may not survive the downturn that's underway, but larger names like Suncor and Teck Resources will be fine and are currently on sale.Read full newsRead More