Over the last two years, Uranium Energy (NYSE-AM: UEC) has taken advantage of the downturn in uranium markets and acquired uranium projects in the Powder River basin of Wyoming, Canada's Athabasca basin and Paraguay. "When prices are falling you can pull your horns in and sit on your hands, but we've been very active," says Scott Melbye, UEC's vice-president corporate development.At the same time...Read More
Canada's federal government has approved the environmental assessment of Argonaut Gold 's (TSX: AR) Magino project in Ontario.The open-pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine closure plan.A December 2017 feasibility study estimated the open-pit project would produce about 116,000 ounces of gold o...Read More
Goldcorp (TSX: G; NYSE: GG) expects to produce more silver, zinc, lead and gold equivalent ounces in 2019 compared to 2018.The company, which is currently merging with Newmont (NYSE: NEM), produced 630,000 oz. gold in 2018's fourth quarter at $850 per oz. gold all in sustaining costs (AISC). In 2018, it produced 2.29 million oz. gold, and expects to produce a similar amount of gold in 2019.The com...Read More
The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely resume soon, rekindling bul...Read More
The last year was a harrowing time for investors in one-time investor darling Great Panther Silver Ltd. (TSX:GPR)(NYSEMKT:GPL). The intermediate silver miner saw its market value collapse dramatically in mid-2018, seeing it down by a whopping 41% over the last year compared to around 13% for silver. While considerable doubts exist about Great Panther's ability to improve its performance in the cur...Read More
Silver's stagnant outlook and poor performance since mid-2018, which eventually saw the white metal fall below US$14 per ounce, has weighed heavily on silver miners. Global X Silver Miners ETF, which provides broad exposure to the 10 largest primary silver miners, has lost 17% over the last year, while many individual miners have suffered even greater losses. These include Maya Gold and Silver (T...Read More
Vast's 2019 plans were thrown into disarray this month when Mercuria Energy Trading pulled a long-awaited US$5.5 million prepayment financing.Read More
The provisional value was down from the final sales cycles of 2018, which saw global sightholder and auction sales total $544 million, the highest level since the mid-year fifth cycle value of $581 million.It also compared to $672 million in the first sales cycle of 2018, $729 million in the first cycle of 2017 and $545 million in the first cycle of 2016.CEO Bruce Cleaver cited higher than normal...Read More
Drilling the Cangrejos gold-copper project in southwest Ecuador. Source: Lumina Gold Corp.Lumina Gold Corp. [LUM-TSXV, LMGDF-OTCQX] said Tuesday January 29 that drilling at its 100%-owned Cangrejos gold-copper project in southwest Ecuador has resulted in the discovery of a second deposit.The existence of the Gran Bestia deposit was confirmed in the most recent results from a 2018 drilling program...Read More
Construction Photos from the Buritic?? Project Source: Continental GoldContinental Gold Inc. [CNL-TSX; CGOF-OTCQX] shares rallied Tuesday January 29 as investors reacted to a project update for the company's Buritica gold mine in Colombia.Continental shares jumped 20.6% to $2.17 on volume of over 3.0 million. The shares trade in a 52-week range of $1.76 and $4.01.A 19.9%-owned affiliate of Newmont...Read More
I haven't been this popular since I lived slope-side at a ski resort in Colorado. Despite the fact that I was a ski bum living in a studio apartment, Navy, high school, and college buddies traveled great distances to stay with me.Back then, I had dreams of making a living with Warren Miller. Today, my popularity has to do with puppies. I'm at that age where my offspring are seeking fulfillment in...Read More
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has tabled a feasibility study for its Cerro Blanco gold project in Guatemala that states the project would produce 902,000 oz. gold over an eight-year mine life. It would cost an initial US$196 million and achieve after-tax payback in 2.1 years.The project has a US$241 million after-tax net present value at a 5% discount rate and a 34% after-tax inte...Read More
Great Panther Silver (TSX: GPR; NYSE American: GPL) has increased the measured and indicated resource at its Topia silver-gold-lead-zinc mine in Mexico's Durango state to nearly 15 million silver-equivalent ounces.Despite mine depletion since the last resource estimate was completed four years ago, Great Panther Silver has boosted Topia's measured and indicated resource by 28% to 475,900 tonnes gr...Read More
In the lithium space, all eyes are on Australia, where key sources of new supply are due to come online, with help from the country's recent fast-tracking of spodumene operations through a combinationRead More
Way back in 1994, my brother asked for and got one of the lamest birthday presents I have ever seen.He was a freshman in high school, and he had two fancy new Microsoft share certificates (remember them?)I'm not entirely sure I even knew what stocks really were at the time.What I did know was that I missed out when he would open up the newspaper stock listings (remember them?) and proudly announce...Read More
Unplanned outages at Incitec's Louisiana and Phosphate Hill plants are expected to have a combined earnings before interest and tax impact of about A$45 million for the financial year ending September 30, 2019.The Louisiana ammonia plant has been impacted by downtime caused by issues in the plant's carbon dioxide removal system.Following an inspection of the equipment repair work is underway, whic...Read More
The company's share price fell $12.49 following the results announcement.Caterpillar actually posted a record profit per share of $10.26 for 2018. But that did not match with what analysts had predicted.It seems much of the problem for Caterpillar came from its Construction area, particularly in the Asia-Pacific region. Sales in that region fell 4% for the December quarter to $1.48 billi...Read More
Game of Thrones loses one of its Dark Hedges trees and all that glitters is not gold.Read full newsRead More
With the right guidance, veering toward Class C properties in lower-income areas is a great way for investors to find their next diamond in the rough.Read full newsRead More
"$DSGX - Descartes Systems Group, Inc. (DSGX) Descartes Systems Group Inc to Acquire Visual Compliance/eCustoms Business (Transcript) https://t.co/a0SzE0ZUUe"Read full newsRead More