Hui Ka Yan, Chairman of Evergrande, China's biggest property developer, announced it would sell all its properties at a 10% discount after its home sales tumbled in January amid a cooling market.Read full newsRead More
The battle for Cornerstone Capital Resources Inc. (TSXV-CGP, OTC-CTNXF) is heating up following a preliminary takeover bid from joint venture partner SolGold. However, Cornerstone is likely to reject the overture, based on its latest press release on the matter and on comments by Glen McKay, a co-founder and former president and CEO of the junior mining exploration company.Cornerstone has a joint...Read More
Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video Analysis I'm quite excited about the pullback in gold because the fundamentals are getting better and the technical action is healthy.SF60 Key Charts, Signals, & Video Analysis Kirkland is a leader in the gold stock sector and it's now in one of the important Investor's Business Daily growth stock...Read More
The best I can figure is that some very liberal, trust-fund Phd Sociologist professors at Bennington hooked with a group of radical Public Policy students from Harvard somewhere in a cabin in Vermont and did a group analysis of John Maynard Keynes' "The General Theory of Employment, Interest and Money" after ingesting copious quantities of LSD. From out of that drug-addled assemblage, MMT sprung t...Read More
Vale's New York-listed shares closed up 0.24% yesterday, however, but were 1.6% lower after hours.Authorities had pushed for certain Vale dismissals on Friday. More than 300 people are dead or still missing since Vale's Feijão dam burst on January 26.Meanwhile, the benchmark S&P/ASX200 was lower this afternoon after global market indices were mixed yesterday.The gold price has tumbled b...Read More
The provisional value from global sightholder and auction sales was down from $500 million in the first cycle of the year and also lower than the second cycle of 2018's $563 million.It was also the lowest value since the ninth cycle of 2018 when $442 million worth of rough stones were sold.CEO Bruce Cleaver said while overall demand for lower value rough diamonds had remained subdued, the company...Read More
The Zaldivar copper mine in Chile. Source: Barrick Gold Corp.After a week of verbal sparring over a proposed merger, the ceos of Barrick Gold Corp. [ABX-TSX, NYSE] and Newmont Mining Corp. [NEM-NYSE]were set to meet in New York late Tuesday. Newmont CEO Gary Goldberg told Bloomberg News that he won't be discussing Barrick's bid for his company, but rather Newmont's proposal for a joint venture aro...Read More
Drilling operations at Newrange Gold's Pamlico Project in western Nevada. Source: Newrange Gold Corp.Newrange Gold Corp. [NRG-TSXV] Chairman Bob Carrington said Monday the company hopes to announce a resource estimate this year for its flagship Pamlico gold project in Nevada. Carrington spoke to Resource World Magazine while attending the Prospectors and Developers Association of Canada (PDAC...Read More
Tesla bears, shorts, and haters are peculiar types.Like cowardly cockroaches, they tend to stay hidden, only coming out to feast when its convenient.When Tesla first went public in 2010, I was warned not to buy the stock."Electric cars are a joke," they said."Elon Musk is a scam artist," they screamed.""Short the shit of this thing," they bellowed into the wind.But I ignored them, and in defiance...Read More
Croesus was the king of Lydia in what is today's Turkey. He was the first sovereign to mint gold coins and spawned the saying: "As rich as Croesus."In 560 BC, he asked the Oracle of Delphi if he should make war on his rivals, the Persians.The Oracle replied that if Croesus made war on the Persians, he would destroy a mighty empire. With this seemingly positive prophesy, Croesus aligned with Sparta...Read More
The space resources program at Colorado School of Mines - the first graduate degree program of its kind - was recently featured on Bloomberg's 24-hour global social media news network, TicToc.Angel Abbud-Madrid, director of the Center for Space Resources at Mines, and PhD student Liz Scott discussed the groundbreaking program with TicToc reporters in the center's lab.Watch the full segment below...Read More
A Colorado School of Mines master's student is among the second cohort of the Knight-Hennessy Scholars program, which provides full funding for graduate studies at Stanford University.Manju Pharkavi Murugesu plans to pursue a PhD in energy resources engineering at the Stanford School of Earth, Energy and Environmental Sciences after graduating from Mines in May with an MS in petroleum engineering....Read More
It was therefore imperative for the industry to innovate and look at new ways to create stronger social contracts and pursue technological advances to ensure mines of the future achieve permitting and development, a PDAC 2019 panel session on sustainable mining practices heard this week."We need to start building mines we the people want to look at. We need to better strike a balance between growt...Read More
The numbers are in, and man, were a lot of people wrong.Lofty estimated sales are nothing new to the investing world, especially in high-growth, untested markets.However, the latest data from the Canadian government is forcing industry analysts to throw out all of their projections.A perk of the highly regulated marijuana industry in Canada is the highly accurate data that is being published about...Read More
The top junior gainers on the TSXV last week were Albert Mining, Goldbank Mining, Rusoro Mining, First Vanadium and AXMIN.Read full newsRead More
"PDAC2019 Video Interview - Brent Cook and Joe Mazumdar of Exploration Insights spoke to INN at this year's PDAC convention about exploration and gold mega mergers. https://t.co/UJOeXSWIui @JoeMazumdar #PDAC2019 #INNatPDAC"Read full newsRead More
"$INNT - Innovate Biopharmaceuticals (INNT) Presnts At Conference Call to Provide Corporate and Operational Updates - Slideshow https://t.co/maOVE3cXdp"Read full newsRead More
"$FTAI - Fortress Transportation and Infrastructure Investors (FTAI) Presents At Raymond James 40th Institutional Investors Conference - Slideshow https://t.co/8SM4L7zttf"Read full newsRead More
"PDAC 2019 Day 1 - INN's editorial team has been busy covering events and conducting interviews with analysts and company executives. Check it out at https://t.co/SSj0O59g4i @FPX_Nickel @ReveloResources @NeoLithiumCorp @NicolaMining @ForanMining #PDAC2019 #INNatPDAC"Read full newsRead More
While base metals stand to suffer if a trade deal is not reached, Gwen Preston of Resource Maven says gold is a safe bet in either scenario.Read full newsRead More