All political power is primarily an illusion... Mirrors and blue smoke, beautiful blue smoke rolling over the surface of highly polished mirrors.- Jimmy Breslin, American journalist and authorAh, the election midterms!It's a favorite holiday for both the media and the government.The midterms toss up a big cloud of smoke. And the media and government break out the mirrors.For them, it's better than...Read More
After falling as low as 14,639.70 in late October 2018, Canada's benchmark index rebounded to end the trading week up 1.55% to 15,119.28. The S&P/TSX Global Mining Index rose 5.9% to 65.73 and the S&P/TSX Global Gold Index rose 3.1% to 166.28. The price of gold fell 0.04% to US$1,232.20.Shares of Mason Resources rose 146% to 40 ? on news that Hudbay Minerals would acquire the remaining 86% of its...Read More
In one of the few exploration projects it is funding next year, Cameco Corporation (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning a 36 km ground electro-magnetic survey and 6,000 metres of diamond drilling at their Hook Lake uranium project in Saskatchewan.Cameco owns 39.5% of the project in the province's Patterson uranium district...Read More
IAMGOLD (TSX: IMG; NYSE: IAG) is considering two mine plan scenarios at its Sumitomo Metal Mining (TYO: 5713) joint-ventured C??t?(C) gold project in northern Ontario, according to a feasibility study the company recently announced.The base case open pit mine plan outlines a US$795 million after-tax net present value (NPV) at a 5% discount rate and a 15.2% after-tax internal rate of return (IRR)....Read More
Less than a month after Northern Vertex Mining Corp. (TSXV: NEE; US-OTC: NHVCF) signed a US$8.5 million silver stream financing with Maverix Metals (TSXV: MMX), the company has reached a deal with existing shareholder Greenstone Resources for an unsecured working capital facility of up to US$10 million.The facility from Greenstone, a private equity fund specializing n the metals and mining space,...Read More
It feels good when it buzzes.The 2018 New Orleans Investment Conference just wrapped up, and despite a challenging resource space, the attendance at the conference this year leads me to believe there are better days ahead.Outsider Club founder Nick Hodge and I presented on the good, the bad, and the ugly in the junior resource space.Needless to say, there's a lot of bad and a lot of ugly out there...Read More
Agnico Eagle CEO Sean Boyd sits down for an in-depth interview with Northern Miner publisher Anthony Vaccaro at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Read More
Agnico Eagle CEO Sean Boyd sits down for an in-depth interview with Northern Miner publisher Anthony Vaccaro at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Read More
So stocks dropped a little in October. Ok they actually dropped a lot and all of a sudden the S&P 500 was miles away from the all those optimistic 3,000+ year end targets. And what happens when...Read full newsRead More
Looking for the top gold mining stocks going into 2019 and 2020? Should you buy or sell? Click to learn more about these interesting golden stocks!Read full newsRead More
"Check out some of the latest advances in cancer detection over at MedX! #Health #cancer #skin #dermatology #healing #tech #laser #melanoma #skincancer $MDXRead more here: https://t.co/Bqi8HkrfnChttps://t.co/dvif07kbLe"Read full newsRead More
Looking for the top gold mining stocks going into 2019 and 2020? Should you buy or sell? Click to learn more about these interesting golden stocks!Read full newsRead More
With the Basic Materials sector poised to log strong growth in the third quarter, it will be interesting to see how miners Alamos Gold and First Majestic Silver fare when they report quarterly results.Read full newsRead More
"Stelmine Canada exploring right now - keep a look out for this one in the coming months ! $STH #STH #Courcy#QuebecMining #Gold #Opinaca https://t.co/xX6eHn4Ny7Read their corp. presentation here: https://t.co/AUFCl6HSJy"Read full newsRead More
"Weekly Big News Round-Up. What happened in the Resource sector in the past week? Find out here: https://t.co/G2NlWfcolx #resource #mining #investing"Read full newsRead More
Secretary of State Michael Pompeo defended the temporary waivers granted to eight countries to continue buying Iranian crude oil for now against Congressional critics and others who say the U.S. is being too lenient on the Islamic Republic.The comments on "Fox News Sunday" come a day before U.S. sanctions on Iran's energy and shipping are due to snap back following President Donald Trump's decisio...Read More
It's 1:15 p.m. on a sunny Friday afternoon in Vancouver and I arrive a little early for a downtown meeting with Westhaven Ventures (WHN-V) chairman Gren Thomas. A short elevator ride at Granville and West Hastings takes me to Westhaven's modest offices on the 10th floor, where I let myself in and drop by CFO Shaun Pollard's office.Inside, Pollard and veteran geologist Ed Balon - Westhaven's techni...Read More
Brazil's mining giant Vale (NYSE:VALE), the world's No.1 iron ore and nickel producer, signed a four-year contract with Emirates Steel, the largest steel producer in the United Arab Emirates, to supply iron ore pellets for the Arabian company's steel production in Abu Dhabi.Such production requires inputs of around 6 million tonnes of iron ore pellets per year, which Vale can easily supply thanks...Read More
Brazil's mining giant Vale (NYSE:VALE), the world's No.1 iron ore and nickel producer, signed a four-year contract with Emirates Steel, the largest steel producer in the United Arab Emirates, to supply iron ore pellets for the Arabian company's steel production in Abu Dhabi.Such production requires inputs of around 6 million tonnes of iron ore pellets per year, which Vale can easily supply thanks...Read More
This week, the US National Security Advisor, John Bolton, announced that President Donald Trump signed a new executive order that forbids American companies and individuals from buying Venezuelan gold. During a discourse at the Liberty Tower in Miami, Bolton explained that the decision was made given that, in the view of the White House, the Nicolas Maduro regime has been looting the riches of his...Read More