Shares in Africa-focused Firestone Diamonds (LON:FDI) climbed Monday after the company said that its 75%-owned Liqhobong diamond mine in Lesotho had a strong start to the second quarter after selling its third most valuable stone to date.The 68-carats white diamond fetched just under $1 million, it said, adding it also sold and a 20-carats fancy yellow diamond at an undisclosed price. Firestone...Read More
Shares in rare earths producer Lynas Corporation (ASX:LYC) jumped more than eight percent Monday, after being allowed to continue storing waste materials at its plant in Malaysia for now.The Australian miner, one of the world's main suppliers of rare earths outside China, has been under scrutiny by the country's new government over fears that its processing plant in Kuantan is harmful to locals a...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The INK CIN Index tumbled yet again last week, shedding 32.65 points or 2.8%. The Index has now endured a nearly vertical correction of over 9% these past four weeks.Interestingly, our long-term momentum indicator MACD rose for the second time in two weeks, climbing from -4.2 to -3.76. Ou...Read 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
Copper prices are due to rebound next year as healthy supply/demand fundamentals overcome macro-economic worries, a Reuters poll showed.Read full newsRead More
Copper prices are due to rebound next year as healthy supply/demand fundamentals overcome macro-economic worries, a Reuters poll showed.Read full newsRead More
Late last month the Tax Court of Canada ruled in favour of Cameco (TSX: CCO; NYSE: CCJ) in the company's decade-long dispute with the Canada Revenue Agency over tax reassessments for the 2003, 2005 and 2006 tax years.Now the CRA says it plans to appeal the decision with the Federal Court of Appeal, a process Cameco estimates would take about two years.Decisions of the Federal Court of Appeal can...Read More
Gold and its miners' stocks have proven rare bastions of strength during recent weeks' market carnage. They are powering considerably higher while nearly everything else burns. The markets' major sentiment shift is accelerating a young gold upleg, which ought to grow much larger as speculators and investors continue returning. Their collective gold positioning remains very low, making for abundant...Read More
It seems like everything that could have gone wrong did go wrong for Goldcorp's (TSX:G)(NYSE:GG) third quarter. The gold producer reported a huge loss with gold production of 503,000 ounces that was 20.5% lower and all-in sustaining costs (AISC) rising 20.8% to US$999 per ounce, compared to the same quarter in 2017.After reporting the results on Thursday, Goldcorp stock fell as much as 18%. That w...Read More
One of my favourite parts of investing, frankly speaking, is the competitive aspect of it.If you're anything like this Foolish author, you love the rush of proving the market wrong when you knew you've had it right all along. One way I look for opportunities like this is finding stocks that have simply lost favour with the market.These are companies that, for whatever reason, investors have lost f...Read More
The market volatility that we've seen over the course of the past month served as a perfect reminder to investors everywhere about how important it is to diversify your portfolio.With interest rates also continuing the creep up ever so slowly, precious metal stocks such as Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) are emerging as potential investment options.Precious metals such as gold have long bee...Read More
Risk creates opportunity, and with the TSX Index down over 7% through the first four weeks of October, the market has delivered several tremendous (if not a little on the risky side) opportunities for Foolish investors to consider.What's really intriguing about DHX Media Ltd. (TSX:DHX)(NASDAQ:DHXM) these days is that the company's share price has been on an absolute tear, even as the market has be...Read More
Growth stocks are a favourite of investors who like capital gains: buying low and selling high is the name of the game, and there is often an element of patience (not to mention timing) involved in this stock trading technique. Stocks that fit the bill don't necessarily have to be great value, but they do have to have upside; look for high expected rises in earnings and good balance sheets.While s...Read More
Silver continues to languish at under US$15 per ounce, despite gold recovering earlier this month to trade at around US$1,230 an ounce. The gold-to-silver ratio has widened sharply to require 84 ounces of silver to purchase an ounce of gold compared to 75 ounces a year ago. This has many pundits claiming that now is the time to boost exposure to silver, despite fundamentals indicating that the whi...Read More
The Chinese were the first civilization to use coal.Archaeological evidence shows the black rock being used in China over 6,000 years ago.Coal was key in enabling the Chinese to develop sophisticated economic, political, and cultural systems. And it continued to fuel China for millennia.Public pressure to reduce carbon emissions has increased in the past few decades. And as a result, China has mad...Read More
A pair of Colorado School of Mines-led teams have been awarded more than $2 million by the U.S. Department of Energy for research that could lower the cost of solar electricity.Greg Jackson, professor of mechanical engineering, and Xerxes Steirer, research assistant professor of physics, are the lead investigators on the two projects, which are part of a $53 million investment by DOE's Solar Energ...Read More
MINING.com editor Frik Els gives a speech on battery metals at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining JournalRead More
Araguaia, one of the largest undeveloped ferro-nickel projects in the world, could produce about 52,000 tonnes of ferronickel a year over a mine life of 28 years, Horizonte Minerals (TSX: HZM; LON: HZM) says.A feasibility study of the open-pit nickel laterite mining project, in northern Brazil's Para state, estimates life-of-mine cash flows, after tax, of US$1.6 billion, using a base case nickel p...Read More
Industry players tackle clean mining at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Moderator: Richard Quarisa, The Northern Miner staff writer.Panellists (from left): Cory McPhee, Vale's VP of corporate affairs, communications and sustainability; Carl Weatherell, Canada Mining Innovation Council CEO; Nathan Stubina, McEwen Mining's manag...Read More
After a year and a half of exploration at its Ivorian Fetekro gold property in north-central Cote d'Ivoire, Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has tabled a maiden resource for the property's Lafigue target. It also identified 14 other targets for follow-up investigation.Since 2017, the company has drilled nearly 32,000 metres at the property, mostly at Lafigue. The target contains 6.8 mil...Read More