I don't know if it was the intent of the Fed, but Jerome Powell has managed to trigger a rush into stocks more frenzied than the one that engulfed the last days of the dot.com/techbubble. The vertical ascent since Christmas in the Dow/SPX is unprecedented on a percentage basis over an 8-week period of time. All sense of logic, sound analysis and fear of risk has disappeared. I don't know how much...Read More
The majority of the decline was booked in the December quarter and followed weakening commodity prices in the second half of the year. "Commodity assets under management fell by $40 billion in the fourth quarter of the year, although investors only withdrew $6.1 billion during this period," Barclays stated. This investor resilience was a feature of the full 12 months, with commodit...Read More
The Lalor polymetallic mine near Snow Lake, Manitoba. Source: HudBay Minerals Inc.HudBay Minerals Inc. [HBM-TSX, NYSE] on Tuesday February 26 announced the discovery of a new higher-grade zinc-gold deposit located strategically near the company's operating Lalor Mine 13 km west of Snow Lake, Manitoba.While exploration is still in the early stages, the new discovery has the potential to extend th...Read More
Eagle Gold Mine construction underway in the Yukon. Source: Victoria Gold Corp.Victoria Gold Corp. [VIT-TSXV] needs another $25 million to complete construction at the Eagle gold mine project in the Canadian Yukon. The Eagle Mine is part of the larger Dublin Gulch Project and is expected to rank as the largest hard rock gold mine in the Yukon's history.Victoria Gold shares fell 1.96% or $0.01 to 5...Read More
Clayton Valley, Nevada Lithium ClaystoneCypress Development Corp. [TSX-V: CYP, OTCQB: CYDVF, Frankfurt: C1Z1] ("Cypress" or the "Company") is pleased to report the completion of the first phase of metallurgical testing in the prefeasibility study (PFS) on the Company's 100% held Clayton Valley Lithium Project in Nevada. The testing was successful in confirming the range of parameters used in the...Read More
As a Boy Scout and long-distance hiker, I considered myself an environmentalist growing up. My family camped in national parks around the country. The last thing I do when leaving a campsite is make sure the fire is cold and pick up any trash, including tiny scraps and cigarette butts left by the last campers.Heck, I'll even put aluminum cans and sometimes even plastic in recycling. Though I do th...Read More
Diego G??mez-Gualdr??n, assistant professor of chemical and biological engineering at Colorado School of Mines, has been awarded National Science Foundation CAREER funding for work to accelerate the synthesis of new metal-organic framework materials.Metal-organic frameworks, or MOFs, are porous crystal materials that scientists believe could revolutionize energy storage, chemical separations and m...Read More
Alphamin Resources (TSXV: AFM; US-OTC: AFMJF) is nearing production at its Bisie tin project in North Kivu, a province in the eastern region of the Democratic Republic of the Congo (DRC). Alphamin began constructing Bisie in 2017, developing a decline into the project's Mpama North orebody. It hit ore in 2018's third quarter, and by early 2019 had commissioned its crushers. It expects to commissio...Read More
A merger of Newmont Mining (NYSE: NEM) and Barrick Gold (TSX: ABX; NYSE: GOLD) would create over US$7 billion in real synergies, with more than half of them stemming from Nevada, where the two companies have complementary assets, Barrick president and CEO Mark Bristow declared late February, as part of the "industrial logic" behind Barrick's launch of a hostile takeover bid."There have been many u...Read More
OceanaGold Corp. (TSX: OGC; ASX: OGC) has published an initial resource estimate for its high-grade discovery at WKP, 10 km north of its Waihi gold mine in New Zealand.WKP contains 234,000 ounces of gold and 296,000 ounces of silver in the East Graben vein contained within 0.41 million indicated tonnes grading 18 grams gold per tonne and 22.7 grams silver per tonne.Inferred resources in the East G...Read More
Frontier Lithium Inc. (TSXV: FL; US-OTC: HLKMF) is the largest landholder in northwestern Ontario's emerging Electric Avenue lithium district. Frontier tabled a prefeasibility study (PFS) in March 2018 for its PAK lithium deposit, located on the Electric Avenue, and is continuing to show the district's potential with its latest discovery, the Spark pegmatite."The vision is that the PAK project wil...Read More
Anaconda Mining (TSX: ANX; US-OTC: ANXGF) is working on a feasibility study for its Goldboro gold project in Nova Scotia, 175 km northeast of Halifax. The company started the study in February 2019, and expects to finish it by the end of the year. The study will incorporate results from 22,000 metres of diamond drilling the company completed at Goldboro in 2017 and 2018, as well as results from an...Read More
For the first time since the Cuban Missile Crisis, the ludicrously pointless Doomsday Clock may actually be pretty close to being right.I get the point of the clock, I just really hate the forced symbolism and the seemingly arbitrary movements of it.For example, the clock is now at "two minutes to midnight," a level it hit when hydrogen bombs were invented.During the Cuban Missile Crisis, when we...Read More
We have just published our third edition of Canadian Insider Insights, Bullish signal flashing as insider index winning streak continues. This week we draw on an upbeat theme for our weekly market report, while also highlighting an important shift in the marijuana space.INK's Insider of the weekYou can read this week's edition via our Insights archive page. If you have a Canadian Insider account,...Read More
"$MYTAY - Magyar Telekom Telecommunications Plc. (MYTAY) CEO Tibor R?(C)kasi on Q4 2018 Results - Earnings Call Transcript https://t.co/sninHMHiBS"Read full newsRead More
"$CSCO - Cisco Systems, Inc. (CSCO) Management Presents at Morgan Stanley Technology, Media & Telecom Investor Conference (Transcript) https://t.co/AB7vCg05LB"Read full newsRead More
On the TSXV last week, Goldbank Mining, AXMIN, Noble Mineral Exploration, Lorraine Copper and Barsele Minerals led the way.Read full newsRead More
Canada's S&P/TSX Composite Index opened 46.11 points higher on Friday at 16,046.97, marking a four-month high for the index.Read full newsRead More
"A statistician is someone who can draw a straight line from an unwarranted assumption to a foregone conclusion." Anonymous "You know a country is falling apart when even the government will not accept its own currency." Jim Rogers, financier, adventure capitalist, b. 1942 "The generally accepted view is that markets are always right - that is, market prices tend to discount future development...Read More
SWOT Analysis: Will Hedge Funds Ramp Up Their Bullish Gold Bets? StrengthsThe best performing metal this week was palladium, up 4.74 percent with platinum on its heels up 4.32 percent with the South African mining industry warning of a week-long strike threat. Gold makes a second consecutive weekly gain. Futures of the yellow metal rose as much as 1.6 percent on Tuesday to the highest for a mos...Read More