It has been a tough year for investors in intermediate gold miner Detour Gold (TSX:DGC). Even after gold's latest rally, it is down by 16% over the last year. The miner's poor performance recently triggered a boardroom spill led by dissident shareholder and famed hedge fund manager John Paulson, who owns a nearly 6% interest in the miner. This saw the removal of CEO Michael Keyon and the replacem...Read More
A US-style government shutdown has reportedly been threatened by some British MPs concerned about leaving the EU without a deal.Meanwhile US and China officials are holding trade talks, while the US dollar is lower amid indications from the Federal Reserve of "flexibility", or the possibility of fewer rate hikes in 2019. The gold price is about US$7 an ounce lower than this time yesterday, around...Read More
The Imperial Metals Mt. Polley copper-gold mine in the Cariboo region of south-central British Columbia. Source: Imperial Metals Corp.Imperial Metals Corp. [III-TSX; IPMLF-OTC] is suspending operations at its Mount Polley copper-gold mine in south-central British Columbia due to declining copper prices.The suspension of the mine includes milling of low-grade stockpiles which are expected to exte...Read More
Share this articleTORONTO - Shares of New Gold Inc. climbed more than 10 per cent in early trading after the company reported improved fourth-quarter performance at its troubled Rainy River mine.The Toronto-based company says gold production at its Rainy River mine in Ontario surged 39 per cent in the fourth quarter to 77,202 ounces while production was fairly steady at its New Afton mine in...Read More
I think it was the great investor Warren Buffett who said, "Find the lie in the market and exploit it."In today's market, that lie is about coal.Coal companies are being forced into bankruptcy due to politics. Ironically, that is great news for investors.Here is what the liberal rag ThinkProgress has to say:The last time U.S. coal consumption was this low, Jimmy Carter was president.Despite campai...Read More
January 8, 2019 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce drill results from the Benner Harris cobalt-silver target and concludes drilling of the kimberlite target at its wholly owned Langis project located in the Cobalt Camp, Ontario, Canada.Highlights Drill hole LM-18-49 intersected 0.44% cobalt, 41.03 g/t silver, over 3.00m from 44.00m depth,...Read More
Up to 1,500 elementary school teachers across Colorado could receive training this year to teach basic computer science concepts in their classrooms, thanks to a new partnership between Colorado School of Mines and the Colorado Department of Education.The state will provide funding to the Mines Computer Science Department for free, one-day workshops for K-5 teachers across the state. School distri...Read More
Colorado School of Mines welcomed back students today for the start of the Spring 2019 semester. Mark you calendar for these and other exciting upcoming events: Feb. 7: #IDigMines Giving DayFeb. 12: Spring Career Day April 11-14: Engineering DaysMay 9-10: Spring CommencementFor more information on upcoming events and activities, go to calendar.mines.edu. CONTACTEmilie Rusch, Public Inf...Read More
While wider mining markets may have been subdued in 2018, mineral exploration in British Columbia, Yukon and the Northwest Territories continued to be a hotbed of activity, with junior and mid-tier companies advancing projects across the region. Here is a look at eight such companies.ASCOT RESOURCESVancouver-based junior Ascot Resources (TSXV: AOT; US-OTC: AOTVF) is exploring for gold and silver i...Read More
Juggernaut Exploration (TSXV: JUGR; US-OTC: JUGRF) has discovered a new gold zone on its Midas gold property in northwestern B.C. after drilling 6.85 grams gold per tonne over 9 metres from 35 metres downhole.The company was following up on results from an induced polarization (IP) survey that identified an anomaly about 125 metres below surface. It believes that anomaly represents a deeper feeder...Read More
It was finding gold at Rabbit Creek and along the riverbeds of the Klondike that forever changed one of the world's final frontiers - the Yukon Territory - and cemented the region's roots as an inspiring Canadian mining district.Yukon's rich mining history continues to provide exciting discoveries, varied commodities and significant opportunities for northerners and investors alike.As we kick off...Read More
As Minister of Industry Tourism and Investment for the Government of the Northwest Territories, one of my jobs is to champion resource development for our unique place in Canada's North.At events, conferences and meetings, I tell people about our rich mineral resources; I talk about what we're doing as a government to support exploration; I highlight what northern resource and infrastructure devel...Read More
A most humbling year, 2018 was for many sectors… Outside of cryptocurrencies, perhaps no other sector got trainREKT as bad as cobalt…2018 started off auspiciously enough with the “key ingredient” found in lithium-ion batteries catapulting to new heights, blasting through $40/lb, with many thinking $50/lb was just around the corner (and imminent).Well, let’s just say p...Read More
My family has settled into a really boring and pointless Christmas tradition in recent years. This year was different.I write about the markets and investing, my brother works for a private fund, and my cousin works for a major fund that's open to the public.We're all inevitably in the same room at some point and we get pitched softball questions about the markets and investments.This year took a...Read More
Throughout all of the political bickering these days - and it has reached quite the crescendo after the recent midterm elections - we can't help but feel the despair of frustration.Looking with an objective eye toward Capitol Hill, nobody can deny the divisiveness that has grinded our government to a screeching halt.That's just the natural course of things when you have extremes on both sides ramm...Read More
"$CAH - Cardinal Health Inc. (CAH) CEO Mike Kaufmann Presents at 37th Annual J.P. Morgan Healthcare Conference (Transcript) https://t.co/wG9AhVOspB"Read full newsRead More
The makeshift mine collapsed trapping villagers seeking gold in north-eastern Badakhshan province.Read full newsRead More
Lions Bay Capital Inc. (TSXV:LBI) (Read full newsRead More
Last week saw Vision Lithium, NRG Metals, Strategic Oil and Gas, Monument Mining and Advantage Lithium top our list of gainers on the TSXV.Read full newsRead More
Last week's other top-gaining mining stocks on the TSX were Obsidian Energy, Excellon Resources, Western Copper and Gold and Questerre Energy.Read full newsRead More