Mr. Jeff Sundar reportsGENESIS WELCOMES NEW ADVISORS AND ANNOUNCES STRATEGIC PRIVATE PLACEMENTGenesis Metals Corp. has appointed Dr. Robert Carpenter, Dr. Andrew J. Ramcharan and Garrett Ainsworth as advisers to the company. It has also arranged a strategic private placement financing."We are proud and excited to have these exceptional gentlemen join the Genesis team as strategic advisers. We beli...Read More
Shares in Canadian miner Northern Dynasty Minerals (TSX:NDM) were up Wednesday following an agreement announced late Tuesday between its subsidiary Pebble Limited Partnership (PLP) and the Alaska Peninsula Corporation (APC) that lets the company use defined portions of lands to build and operate roads for the stalled Pebble copper-gold-silver project.If the proposed mine makes it through the le...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata")is pleased to announce it will be attending and presenting at the LD Micro Annual Main Event, occurring December 4-6, 2018, in Bel-Air, California.In addition, the Company will be conducting one-on-one meetings on the Tuesday and Wednesday, December 4 and 5.Marc Seelenfreund, CEO and Chairman of Siyat...Read More
Reuters/Henry RomeroLocal miner Cesar Abac uses a wooden bowl and mercury to pan for gold near at the village of Las Cristinas, southern Bolivar State, Venezuela.VenezuelansRead full newsRead More
Reuters/Henry RomeroLocal miner Cesar Abac uses a wooden bowl and mercury to pan for gold near at the village of Las Cristinas, southern Bolivar State, Venezuela.VenezuelansRead full newsRead More
MOSCOW - Russian nickel and palladium producer Norilsk Nickel (Nornickel) plans to ramp up output over the next five years to tap an expected boom in demand from electric vehicle makers, its CEO and top shareholder Vladimir Potanin told Reuters.The company, which vies with Brazil's Vale to be the world's largest nickel producer, has been profitable for years thanks to its resource-rich Arctic oper...Read More
"VOLUME WILL BE LOW BEGINNING TOMORROW FOR THANKSGIVING SHUTDOWN IN USA & will remain low until next week.In other words the control boys can do what they want.Be careful."Read full newsRead More
It is very difficult to pick exact bottoms but there are many tools we can use to help us pinpoint potential bottoms.You don't hear technical analysts talk about fundamentals but we do for a reason. Major shifts in the primary trend are supported by fundamental shifts, though they can be very hard to spot until after the fact.Because of our extensive study of history, we are convinced that preciou...Read More
The gold sector has been under pressure for seven years, but contrarian investors are looking at recent developments in the industry and thinking it might be time to start kicking the tires on some of the beaten-up stocks.Let's take a look at Barrick Gold (TSX:ABX)(NYSE:ABX) to see if it deserves to be on your buy list for 2019.ConsolidationHigh-quality gold deposits are becoming harder to find, a...Read More
A recent MarketWatch article notes that:GE was one of Wall Street's major share buyback operators between 2015 and 2017; it repurchased $40 billion of shares at prices between $20 and $32. The share price is now $8.60, so the company has liquidated between $23 billion and $29 billion of its shareholders' money on this utterly futile activity alone. Since the highest net income recorded by the comp...Read More
The exploration camp for IDM Mining's development stage Red Mountain gold project east of Stewart, northwest British Columbia. Photo by Ellsworth Dickson.IDM Mining Ltd. [IDM-TSXV; IDMMF-OTCQB] said Wednesday November 21 that it has expanded the underground drilling program at its development stage Red Mountain gold project east of Stewart, northwest British Columbia.The company said it has added...Read More
Exploration activities at the Pebble Project in Alaska. Source: Northern Dynasty Minerals Ltd.Northern Dynasty Minerals Ltd. [NDM-TSX; NAK-NYSE] shares advanced on Wednesday November 21 after the company declared a small win in its fight to develop the giant Pebble gold-copper project in Alaska.The company said its Pebble Limited Partnership (PLP) subsidiary has finalized a right-of-way agreement...Read More
Old King Coal was a dirty old soul, and a merry old soul was he... until a decade ago.I know my readers know this tale better than most.In 2008, coal, natural gas, and petroleum accounted for more than 83% of our total energy consumption.Coal and oil, however, held very similar monopolies on two sectors: transportation and electric power.Approximately 91% of our coal consumption was for electricit...Read More
By Tina LetoThe odds seem to be against uranium. Fukushima's nuclear power plant is still disabled; the U.S. Supreme Court seems to be leaning towards staying Virginia's moratorium on uranium mining, and projects such as Berkeley Energ?-a's Salamanca mine in Spain are facing major opposition.So, why mine uranium and why now?The answer is quite simple, actually. There is increased demand, and, afte...Read More
In July, Dunnedin Ventures (TSXV: DVI) announced the discovery of a new kimberlite pipe on its Kahuna project in Nunavut.The KH10-11 pipe was tested with a rotary air-blast drill hole to 112 metres depth, ending in kimberlite. Diamond results from KH10-11, which the company notes contained garnets and possible mantle xenoliths in about 100 metres of continuous kimberlite, were pending at press tim...Read More
IDM Mining (TSXV: IDM; US-OTC: IDMMF) has added a third underground drill at its Red Mountain underground gold-silver project, east of Stewart, British Columbia. The company has increased its drill program by 5,400 metres; it will now drill 13,000 metres across 54 holes.With its 2018 drilling, the company is testing various zones at Red Mountain, including the northern and western extensions of th...Read More
Following up on last year's discovery of the diamond-bearing ML8 kimberlite at its Mel project in Nunavut, North Arrow Minerals (TSXV: NAR) completed the first ever exploration drilling campaign at the project.Six holes totalling 787.5 metres were completed, with five intersecting kimberlite.Drilling at ML8 extended its strike length to more than 170 metres. Three holes tested the kimberlite, inte...Read More
Any new diamond exploration venture that gets off the ground these days is a notable one.Indeed, Bruce Counts, the CEO of Lithoquest Diamonds (TSXV: LDI), was involved with private company Proxima Diamonds, an explorer focused on the Slave Craton in the Northwest Territories that was planning to launch publicly in 2014."Unfortunately, the timing wasn't great," Counts says, and the public listing d...Read More
The U.S. southwestern states continue to be a hotbed of junior activity in exploration, development and mining, with gold, silver, copper and lithium still the targets of choice. The following is a sampling of seven such companies with active programs in the region.AMERICAN PACIFIC MININGAmerican Pacific Mining (CSE: USGD) describes itself as a new gold explorer focused on precious metal opportuni...Read More
While the world's commodity markets and the broader stock markets weather a jittery season of lower lows and seething dread, there is one relatively obscure metal that is doing just fine, thank you: vanadium.The minor metal that is a key ingredient in advanced steelmaking is seeing record price highs as we go to press in mid-November.Three-year chart of vanadium pentoxide price in US$ per pound. C...Read More