Mr. Eric Edwards reportsTRIMETALS MINING PROVIDES UPDATE ON BOLIVIAN ARBITRATION Trimetals Mining Inc. has received correspondence from the Permanent Court of Arbitration advising that the arbitration tribunal will issue the arbitration award on a date prior to the end of November, 2018.© 2018 Canjex Publishing Ltd. All rights reserved.Read More
MUMBAI/BENGALURU - Demand for physical gold gathered steam during a key festival week, shrugging off a recent downtrend going into the traditional busy wedding season, while other major Asian hubs saw limited activity.India, the second biggest bullion consumer after China, celebrated the Dhanteras and Diwali festivals this week, when buying gold is considered auspicious."We were initially skeptica...Read More
"Orca #Gold has landed on an interesting two-stage plan in the feasibility study for its Block 14 project in Sudan. The mine would produce 228,000oz over 14 years($) | https://t.co/gFxmY6fXdR"Read full newsRead More
Guyana Goldfields (TSX:GUY) announced today that is has started underground development at its 100%-owned Aurora Mine, which is located in northwestern Guyana, in a territory in dispute with Venezuela.In a media statement, Guyana Goldfields said is has completed the first blast on the Mad Kiss portal and that now the contractor is working on completing and reinforcing the collar and extending the...Read More
Stocks trading under $5 per share offer several unique, but very important qualities for investors.One is that they make it easier for investors with smaller investment accounts - be it in their TFSA or RRSP - to build up a sizable position in their portfolios without having to fork out an arm and a leg for the company's shares.Another is that many institutional investors are governed by investmen...Read More
I’ve been a contrarian my entire life… Wait, you might want to scratch that and just outright say OUTCAST, which might be a better term to use… I mean, ever since I was a little kid, I kind of always knew that I was different from the majority of my peers…From my earliest memories, I remember another little kid telling me I was “too Chinese” to play baseballR...Read More
Paying a dividend is the most common way for companies to share profits directly with stockowners.The first record of a company paying a regular dividend belongs to the Dutch East India Company (VOC).The VOC paid annual dividends in both cash and spices worth about 18% of the value of its shares for almost 200 years of the company's existence (1602-1800).Dutch East India Company bond, printed 1622...Read More
The Detour Lake Mine in northern Ontario. Source: Detour Gold Corp.Detour Gold Corp. [DGC-TSX] dissident shareholder Paulson & Co. Inc. on Friday November 9 released a list of questions it believes the company should address in the circular it files for the upcoming special meeting of shareholders on December 11, 2018. Today is the record date for the meeting.The questions are intended to ensu...Read More
The San Francisco open pit mine in Sonora, Mexico. Source: Alio Gold Inc.Alio Gold Inc. [ALO-TSX, NYSE] is looking at several options for its San Francisco gold-silver mine in Mexico to reduce mining dilution in 2019, including a temporary suspension of mining while leaching and processing of low-grade ore from stockpiles continues.Shares of Alio closed down 9% on November 8, 2018, the date of the...Read More
First developing countries blew up. Then real estate topped and started to roll over. Now oil has entered what CNBC just called its "longest losing streak in three decades.” The oil rout just became a bear market for U.S. crudeIn a volatile turnabout, the U.S. crude benchmark fell into a bear market Thursday just five weeks after hitting a nearly four-year high.West Texas Intermediate crude...Read More
For years now, investors have been captivated by the growth potential of the solar industry.And rightfully so.Solar power has been growing exponentially, accelerated in the past few years by falling costs for panels.No doubt, that trend is going to continue.In the next decade, the global solar market is in line for 138% growth, set to surge from 395 GW at the end of 2017 to 942 GW at the end of 20...Read More
This episode features Rick Howes, president and CEO of gold miner Dundee Precious Metals, in a keynote speech recorded live at The Northern Miner's Progressive Mine Forum held at the MaRS Discovery District in downtown Toronto, in October 2018.Rick delves into the many complex issues revolving around driving innovation at a mining company, especially during the current era of accelerated technolog...Read More
The amount of energy required to mine bitcoin, or digital gold as some proponents like to call it, is considerably higher than that of physical gold, a research study has found.Read full newsRead More
Albemarle Corp on Thursday defended a previously announced process it has said c...Read full newsRead More
"Endeavour Mining delivered positive third quarter results that saw both revenue and production increase during the three-month period, allowing the miner to meet all key guidance metrics for the year, the company announced. https://t.co/xCp3jbZIIy #Investing #Resource #Gold"Read full newsRead More
"IAMGOLD's operating performance and financials were down during the third quarter but the miner's upcoming projects should spell growth moving forward, the company said. https://t.co/A3XwFYUJHi #Investing #Resource #Gold"Read full newsRead More
"Recent Exploration Results Indicate Potential Enlarged Opportunity in the Empire Mine Vicinity and Continued Strong Results From Ongoing Drilling at the Empire Mine https://t.co/G58Hl0r5Ak"Read full newsRead More
"Gold rallied after the US dollar caved under pressure following US midterm election results that saw Congress split between the Republicans and the Democrats. https://t.co/RK4cPU5M61 #Investing #Resource #Gold"Read full newsRead More
CloseGain/LossGold $1223.90-$2.40Silver$14.43-$0.13XAU65.39-0.30%HUI145.76-0.07%GDM536.92-0.35%JSE Gold1121.61+7.77USD96.68+0.56Euro113.61-0.81Yen87.97+0.70Oil$60.67-$1.0010-Year3.240%+0.018T-Bond137.25-0.125Dow26191.22+0.04%Nasdaq7530.88-0.53%S&P2806.83-0.25% The Metals: Gold dropped $6.10 to $1220.20 at about 8:45AM EST before it popped up to $1226.90 shortly after the fed's statement, b...Read More
In today's update we look at yet another 'Punch and Judy' American election farce which once again ignored the 'Elephant in the room' - the inevitable U.S. $121.7 trillion debt crisis and the coming global $250 trillion debt crisis.We briefly look at the outcome of the elections, how markets have reacted in the short term and more importantly the long term outlook for markets and the dollarWe ex...Read More