Thailand, which ordered the shutdown of all gold mining and exploration activities in 2016, will have to deal with the fact the country will continue to be a regional mining underperformer, as it will lose both tax revenue and investors, a new report says.Thailand's military regime's decision to halt gold mining indefinitely followed a long-standing conflict between Akara Resources and villagers...Read More
The question is - where does Porn fit into all this?Read full newsRead More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed medical cannabis industry announced, that due to Cultivation Technologies Inc.'s, ("CTI") re-focused business strategy, FinCanna and CTI have agreed to a restructured agreement ("RA"). Under the RA, FinCanna is to receive approximately US$3.9 million as repayment...Read More
Zimbabwean miner RioZim on Tuesday is taking legal action to force the country's central bank (RBZ) to pay it in US dollars for some of its gold output.The move comes after the company reported earlier this month that profit after tax had dropped 86 percent to $406,000 in the six months to June 30, from $2.9 million last year, despite higher gold production. RioZim attributed the weak results to...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index seemed near a change of pace ahead of trading last week, as momentum indicators appeared to break a 4-month downtrend. Indeed, the INK CIN even managed to turn up as high as 1264.01. However, the Index could neither maintain its nascent burst of energy, nor its support in th...Read More
AINA's PTT Voice Responder and Smart Button is a next generation speaker-microphone and Bluetooth Remote Control which can be connected via Bluetooth to the Uniden UV350. The device is designed to work with different walkie talkie style Push-to-Talk applications, featuring several buttons that allow safe and simple communication to all required parties. Users can remotely control functions such as...Read More
The incredibly positive price action of many gold stocks relative to bullion continues to occur on days when bullion falls hard against the dollar, and when the stock market gets hit. That's impressive!Please click here now. Double-click to enlarge this key daily chart of GDX versus gold.There's a fabulous inverse head & shoulders bottom in play. I coined the phrase, "safehavenization of...Read More
Are you invested in Cameco Corp (TSX:CCO)(NYSE:CCJ)? If not, you may want to reconsider, as a recent announcement by the company could signal a massive shift for the uranium miner.For those that are unaware, Cameco is one of the world's largest uranium miners, and the company, much like the entire uranium industry, is traversing through a supply glut and prolonged weak demand. That weak demand c...Read More
Gold may have recently sunk to its lowest level since January 2017, but some gold miners are not only well-positioned to weather the downturn, but will continue to unlock value for investors. One miner that has surprisingly managed to turn its operations around is B2Gold Corp. (TSX:BTO)(NYSE:BTG).It recently emerged as a senior gold miner after bringing the Fekola mine in Mali online and completin...Read More
Gold has taken a hammering in recent says to see it tumble below the psychologically important US$1,200-per-ounce barrier and be trading at US$1,187 an ounce. This sees the yellow metal down by roughly 7% over the last year, and there are signs that it may weaken further in coming months.This isn't good news for gold miners, causing the VanEck Vectors Gold Miners ETF to plummet by 22% over that pe...Read More
The IDM Mining Red Mountain Project exploration camp in the southern Golden Triangle region near Stewart, British Columbia. Photo by Ellsworth Dickson.IDM Mining Ltd. [IDM-TSXV; IDMMF-OTCQB] said Tuesday October 9 that it has secured a provincial Environmental Assessment Certificate for its development stage Red Mountain gold project in northern British Columbia.IDM Mining shares advanced on the n...Read More
Setting up the diamond drill on the Midas prospect in northern British Columbia. Source: Juggernaut Exploration Ltd.Juggernaut Exploration Ltd. [JUGR-TSXV] was active Tuesday October 9 after the company said exploratory drilling on its 100%-controlled Midas property in British Columbia has confirmed widespread near-surface polymetallic and gold mineralization in multiple drill holes targeting newl...Read More
Carnotite Mineralization found at ANIT. Source: Blue Sky Uranium Corp.Blue Sky Uranium Corp. [TSX-V: BSK, FSE: MAL2; OTC: BKUCF] is pleased to announce that results from the recently completed reverse circulation (RC) drilling program have confirmed the southern expansion of the Ivana Uranium-Vanadium deposit on its wholly-owned Amarillo Grande Uranium-Vanadium project in Rio Negro, Argentina.Anal...Read More
TORONTO - The energy, industrials and materials sectors on the Toronto Stock Exchange moved lower and weighed on Canada's main stock index in late-morning trading.The S&P/TSX composite index was down 73.73 points at 15,872.44.In New York, the Dow Jones industrial average was down 16.06 points at 26,470.72. The S&P 500 index was up 4.88 points at 2,889.31, while the Nasdaq composite was up 41.96 po...Read More
The market has become complacent. It only goes up year after year. The absolute devastation of the Great Recession is forgotten, as FANG stocks and a housing boom push portfolios higher. Speculation is rampant, with know-it-all 20-somethings chasing pot stocks and cryptocurrencies.But pride comes before the fall, and the fall is just around the corner...First of all, we are spending half a trillio...Read More
The pecking order within the global gold mining industry is never more on display each year than at the Denver Gold Forum in September, with miners and developers of all sizes converging to capture the attention of big investors.After a tough several years that saw the near wholesale changeover amongst execs of the top gold miners, the presidents and CEOs that presented were a familiar bunch.In it...Read More
The Northern Miner is set to unveil its first business intelligence tool. TNM Intel has been designed for mining industry decision makers who need global information in an easily accessible format and will comprise continuously updated data on Reserves & Resources, Commodity Prices, Capital Raises, Corporate Financial Performance and Drill Results.This powerful data is coming from our sister co...Read More
Canada's benchmark index fell 0.9% to 15,946.17 and the S&P/TSX Global Mining Index fell 0.39% to 65.54. Gold performed better, however, as the S&P/TSX Global Gold Index rose 2% to 157.14, and the gold price rose 0.9% to US$1,202.70.Shares of Prophecy Development rose 138% to 29 ?, after the company reached an agreement with the U.S. Bureau of Land Management (BLM) to expedite permitting efforts a...Read More
The Dow Jones Industrial Average slipped 0.4% to 26,447.05 and the S&P 500 Index fell 0.98% to 2,885.57. Spot gold closed US$10.50 per oz. higher at US$1,202.70 per oz. gold.Pretium Resources rose 7.1% to US$8.15 per share on news of a financing agreement. The company signed a commitment letter on Oct. 4 for a fully underwritten, US$480-million debt facility with the Bank of Nova Scotia, Soci?(C)t...Read More
Shares of Aurania Resources rose 53 ? to $2.76. The company recently found the first significant instances of copper mineralization at its Lost Cities-Cutucu project in Ecuador. Two regional exploration teams marked the targets 20 km from one another while exploring magnetic occurrences from a geophysical survey. It named them Jempe and Kirus. Jempe features outcropping copper mineralization in vo...Read More