It was a beautiful gesture, and one that will not be forgotten anytime soon.Billionaire investor Robert Smith, while delivering his commencement address at Morehouse College, announced that he would cover the college loan debts of all the graduating students.Can you imagine that?Can you imagine the huge collective sigh of relief that came over the crowd after Smith made that announcement?I'm happy...Read More
Let's call it like it is: The majority of the resistance against alternative energy comes from the political right.But let's not be too quick to pass judgment. Fact is, it's totally understandable why conservatives would be hesitant regarding alternative energy.The left would have you believe the conservative thinking is, "If it's new, it's bad." But that's not necessarily the case. From what I ga...Read More
BETANZOS, BOLIVIA - Vancouver-based junior New Pacific Metals (TSXV: NUAG; US-OTC: NUPMF) could be on the verge of a major silver discovery in south-central Bolivia, after clinching a pioneering deal with Bolivian authorities.For 500 years, since the discovery of the giant Cerro Rico silver deposit at Potosi, Bolivia has tantalized visitors with its mineral wealth. But the country's unstable polit...Read More
The S&P/TSX Composite Index rose 0.64%, or 104.20 points, to 16,401.80. The S&P/TSX Global Mining Index increased 0.11 points, or 0.15%, to 71.55, while the S&P/TSX Global Base Metals Index fell 2.75 points, or 2.48%, to 107.96, and the S&P/TSX Global Gold Index climbed 3.96 points, or 2.23%, to 181.21. Spot gold fell US$8.70 per oz., or 0.68%, to finish the trading week at US$1,277.10 per ounce.S...Read More
The Dow Jones Industrial Average lost 0.69%, or 178.37 points, to finish the May 13 to 17 trading week at 25,764.00, and the S&P 500 Index fell 0.76%, or 21.87 points, to 2,859.53. Spot gold dropped US$8.70 per oz. or 0.68% to US$1,277.10 per ounce.Strong quarterly results sent Kinross Gold's shares up 3.6% to US$3.16. Kinross reported net earnings in the three months ended March 31 of US$64.7 mil...Read More
The S&P/TSX Venture Composite Index rose 9.67 points, or 1.61%, to finish the May 13 to 17 trading week at 609.15.News of the acquisition of Atlantic Gold by Australian gold producer St Barbara sent Atlantic's shares up 89 ? to $2.89. St Barbara's offer represented a 40.8% premium to the company's 30-day volume weighted average price. The offer consisted of $2.90 per share in cash plus a spin-out...Read More
Joining us today is the President and CEO of Ethos Gold (TSX-V: ECC)(OTC: ETHOF), Mr. Craig Roberts.Ethos Gold was up 40% last week on news the company will be drilling a Carlin-style gold target in Nevada. Ethos is also drilling in Mexico later this year and is fully funded with approximately C$0.12 per share in cash.I spoke with Mr. Roberts about the new project, the addition of Quinton Hennigh...Read More
The MySteel 62% Australian iron ore fines price added another 2.5% on Friday to US$100.35 per tonne, a fresh five-year high.Vale said Gongo Soco had been closed since 2016, but its dam was just 1.5km from housing. The alert level was raised to 2 in February and to 3 in March."It should be noted that there are no technical elements so far that point towards an eventual slide of the northern slope o...Read More
Human rights group Kap?(C)-Kap?(C) denounced this week that illegal mining continues to destroy the traditional territory of the Pem??n Indigenous tribe in southeastern Venezuela.The civil society association issued a media statement this week saying that unregulated gold extraction is polluting the Carrao river and its tributaries within the Canaima National Park, in the Bol?-var state.This is th...Read More
Martin Elvis, senior astrophysicist at the Smithsonian Astrophysical Observatory in Cambridge, and Tony Milligan, a philosopher at King's College London, collaborated on a study that concludes that humans should be allowed to mine only one-eighth of eligible planets, moons and asteroids, leaving 85% of the solar system untouched.As companies get closer to developing technologies that allow them to...Read More
The possibility of an oversupply of lithium chemical is a myth, the president of California-based Global Lithium, Joe Lowry, said this week.Addressing the audience at the conference Paydirt 2019 Latin America Downunder, Lowry blamed the spread of such a 'myth' on 'big bank' analysts and the Chilean regulator CORFO.In Lowry's view, there have been misunderstandings regarding CORFO's reports related...Read More
The possibility of an oversupply of lithium chemical is a myth, the president of California-based Global Lithium, Joe Lowry, said this week.Addressing the audience at the conference Paydirt 2019 Latin America Downunder, Lowry blamed the spread of such a 'myth' on 'big bank' analysts and the Chilean regulator CORFO.In Lowry's view, there have been misunderstandings regarding CORFO's reports related...Read More
Martin Elvis, senior astrophysicist at the Smithsonian Astrophysical Observatory in Cambridge, and Tony Milligan, a philosopher at King's College London, collaborated on a study that concludes that humans should be allowed to mine only one-eighth of eligible planets, moons and asteroids, leaving 85% of the solar system untouched.As companies get closer to developing technologies that allow them to...Read More
Nutrien (TSX:NTR)(NYSE:NTR) is among the largest fertilizer companies in the world. With a market cap of $39 billion, it’s a TSX 60 component and a major supplier to emerging markets.Recently, there has been some optimism toward Nutrien owing to the growing demand for its products in China and India. Combined, these markets make up 40% of the company’s total sales. As they continue to...Read More
"Lipper U.S. Weekly FundFlows Insight Report: Money Market Funds Drive Overall Net Inflows For The Third Straight Week https://t.co/PxBJHLJkdn"Read full newsRead More
Precious metals declined for the week as investors with risky appetites lost interest in the metals' safe haven nature.Read full newsRead More
A gold rush in Peru's Tambopata province transformed the Amazonian wilderness into a desert pocked with dead trees and toxic pools. Security forces came and went; illegal miners scattered and returned. Then Peru announced a new approach, to stay. (May 16)Read full newsRead More
"$EBR - Centrais El?(C)tricas Brasileiras S.A. - Eletrobras (EBR) CEO Wilson Ferreira on Q1 2019 Results - Earnings Call Transcript https://t.co/zXJZPF9yOe"Read full newsRead More
"What does it mean to take a long position? Learn how this investment strategy works and how investors use it to profit. https://t.co/NQ1iUVNQWp #investmentstrategy #investing #stocks"Read full newsRead More
An estimated 1,300 EVs ordered in B.C. in just two weeksRead full newsRead More