Updated - Bear market forces are building according market historian Bob Hoye from ChartsandMarkets.com. In his latest interview with Jim Goddard, Hoye points out that the world stocks outside of the US hit their highs in January, the month after the bitcoin bubble blew out. Those peaks foreshadowed the setup for a potential bear market in stocks.Click to listen to Bob Hoye's November 30th broadc...Read More
From riding high on cobalt's boom, Glencore Plc traders are feeling the heat as falling prices and reneged contracts put a dent in profit.The world's largest commodities merchant on Monday downgraded its full-year earnings target for the trading division to $2.6 billion to $2.8 billion, down from an earlier estimate of $2.7 billion to $3.2 billion.Some cobalt buyers in China reneged on contracts a...Read More
Institutional Shareholder Services Inc (ISS) has advised shareholders to vote for Detour Gold Corp's refreshed board of directors at an upcoming special shareholders' meeting, stopping short of more aggressive changes demanded by activist investor Paulson & Co, the company said on Monday.Detour's existing management has been resisting Paulson's call for a complete overall of the board and immediat...Read More
"Metal Tiger has changed its mind on Greatland #Gold, buying a ?250k stake a year after selling out ($) | https://t.co/5sYrWYG0Ko #MTR #GGP #AIM"Read full newsRead More
KINSHASA - Democratic Republic of Congo has declared cobalt a "strategic" substance, a government decree showed on Monday, nearly tripling the royalty rate miners will pay on the key component in electric batteries to 10 percent.Prime Minister Bruno Tshibala signed the decree, which is dated Nov. 24, despite fierce opposition from leading investors including Glencore and China Molybdenum, who have...Read More
"Deutsche Bank (DB) poses as what is called a 'National Champion' bank and the largest bank by far in Germany, but it's actually the largest criminal enterprise in Germany. This is quite a statement because VW is such a massive fraud...Read full newsRead More
Shares in Canada's Nautilus Minerals (TSX:NUS), one of the world's first seafloor miners, climbed more than 10% on Monday as the company disclosed is negotiating the terms of an agreement with arm's length third parties that would involve the creation of a joint venture company.The purpose of the new firm, Nautilus said, would be to fund the acquisition of the Production Support Vessel (PSV) that...Read More
Mr. Jeff Chisholm reportsPAN ORIENT ENERGY CORP. L53-DD2 OIL APPRAISAL - 658 BOPD Pan Orient Energy Corp.'s L53-DD2 appraisal well is on a 90-day production test and currently producing at a steady state of approximately 659 barrels per day (b/d) of 23.9-degree API oil with a basic sediment and water (BS&W) of 1.47 per cent from the "EE sand" through 6.4 metres of perforations between the dept...Read More
KINSHASA - Congo's Gecamines said on Monday it had signed a production-sharing deal for copper and cobalt deposits with HongKong Excellen Mining, which will pay a $40 million signing bonus.Democratic Republic of Congo is Africa's top copper producer and the leading miner of cobalt, which is used for electric car batteries, but remains one of the world's poorest countries.Congo's state mining compa...Read More
Mr.Dan Stuart reportsJUGGERNAUT COMPLETES $1,677,000 FINANCINGJuggernaut Exploration Ltd.'snon-brokered private placement of $1.65-million announced on Nov. 27, 2018, has been increased and closed at $1,677,800 subject to acceptance by the TSX Venture Exchange. Due to strong demand from institutions and accredited investors alike in the Americas and Europe, management is arranging a second-tranche...Read More
Following the completion of its 2018 resource expansion drilling program, Fiore Gold (TSXV: F) announced today that it has updated the resource estimate for its Pan open pit mine in White Pine County, Nevada.The updated resource estimate includes Measured and Indicated (M+I) resources of 27.6 million tonnes grading 0.49 g/t containing 432,000 ounces of gold and Inferred Resources of 7.6 million to...Read More
North Vancouver/Stockholm-based Boreal Metals (TSXV:BMX) announced today it has completed seven diamond drill holes totalling 951 metres of exploratory diamond drill program at its Burfjord copper-gold project in Norway. In a press release, the miner said that assay results are expected in the coming weeks. The Burfjord project is comprised of six exploration licenses totaling 5,500 hectares near...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index slid as far as 1059.22 for a 25 point decline before fighting back strongly, to finish the week down just 5 points at a close of 1077.52.MACD rose strongly, gaining 3.6 points to finish in the black at 0.63. RSI gained 14% or 4 points to close at...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to report that Rosy Mondin, CEO of Quadron, has been awarded the first ever "Woman in Weed - Trailblazer" award at the Fifth Annual Canadian Cannabis Awards.Winners of the 2018 Canadian Cannabis Awards (the "CCAs") were announced at a black-tie gala attended by nearly 600 industry leaders gathered at...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce that its distribution partner Logic Wireless, a leading Push-To-Talk distributer for enterprise grade communication systems in Australia and New Zealand has launched and commenced sales of the UV350 with purchase orders already secured.Additionally, Logic Wireless and Siyata...Read More
Building wealth is not about tricks or 'get rich quick' schemes. This infographic shows the habits of millionaires that create success over the long-term.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/QzZMM5SSX6 #resource #mining #investing"Read full newsRead More
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has completed its first drill campaign on its Douay gold project in Quebec since assembling a technical committee and exploration team a year ago. The company drilled 22,600 metres and extended mineralization within the deposit area, and discovered new gold zones.Nearly three-quarters of the drill program was within or near the known 6 by 1.8 km resource...Read More
December 3, 2018The junior gold miners' stocks have spent recent months mostly languishing near major multi-year lows. That spawned a sentiment wasteland riddled by bearishness and bereft of bids. But these companies' battered stock prices aren't fundamentally righteous, as proven yet again by their latest earnings season. Faring far better in a challenging third quarter than stock prices im...Read More
While the immediate outlook for precious metals is poor, investors should not be deterred from investing in gold and silver miners. One opportunity which stands out is Dundee Precious Metals Inc. (TSX:DPM), which despite gold falling by 7% since the start of 2018 has gained almost 15%. There are signs of further gains ahead as highlighted by the miner's solid third quarter 2018 results. Now what?...Read More