Channel sampling at Gunner's Cove, one of White Metal's Newfoundland properties. Source: White Metal Resources Corp.White Metal Resources Corp. [WHM-TSXV; TNMLF-OTC] rallied sharply Friday November 2 after the company released a report on its initial due diligence grab sampling from its recently optioned Little Joanna gold property in Central Newfoundland.The company said a total of seven grab sam...Read More
Examples of visible gold from Marathon Gold's Valentine Lake Project in Newfoundland. Source: Marathon Gold Corp.Marathon Gold Corp. [MOZ-TSX; MGDPF-OTC] has added two years of mine life and 827,000 ounces of gold to the mix in an updated Preliminary Economic Assessment of its Valentine Lake gold project in Newfoundland.The project's after-tax Net Present Value rose to US$493.2 million from US$366...Read More
Notes:1. Grades/widths of mineralized intervals represent complete "from" "to" drill depths as shown.2. All holes (with the exception of S18-122 which was drilled vertically) were drilled at 45-70 degree inclinations designed to be roughly perpendicular to the understood dip of mineralized structures based on the current understanding of the geological structures. The true widths of the mineralize...Read More
Alliance Mining Corp. [ALM-TSXV] on Thursday November 1 said recent analysis of the 2006 drill logs from its Tonopah uranium project in Nevada has revealed the presence of vanadium in both the oxidized and non-oxidized clastic sediments.Alliance Mining shares rallied on the news, rising 40% or $0.01 to 3.5 cents.Alliance said vanadium is growing in importance for key industrial manufacturing secto...Read More
SASKATOON - Cameco Corp. says it earned $28 million in its latest quarter compared with a loss in the same quarter last year.The uranium miner says the profit amounted to seven cents per share for the quarter ended Sept. 30 compared with a loss of $124 million or 31 cents per share a year ago.Revenue totalled $488 million, up from $486 million.On an adjusted basis, Cameco says it earned $15 millio...Read More
The United States government is doing nothing to fight the opioid epidemic.Wait, let me rephrase that...The United States government is doing nothing to fight the opioid epidemic that will actually help the problem.For decades, the government has certainly made it seem like it was doing something to combat drug abuse. It wasted billions in taxpayer dollars on failed anti-drug programs such as D.A....Read More
Colorado School of Mines students will have the opportunity to put their problem-solving and entrepreneurial skills to work next semester to tackle critical national security challenges. Hacking for Defense (H4D), a graduate-level course that brings together teams of students to solve real-world problems faced by the U.S. Department of Defense and Intelligence Community (DoD/IC), will be offere...Read More
Regulus Resources (TSXV: REG) spin-out Aldebaran Resources (TSXV: ALDE) debuted on the Toronto Venture Exchange at 90 ? before tumbling to 59 ? in mid-afternoon trading.Aldebaran shares the same core management team as Regulus Resources and is focused on projects in Argentina.The recently formed junior explorer's primary focus will be the Altar copper-gold project, a large porphyry system in Argen...Read More
Follow the money...It's one thing that is as true with investing as it is in politics. Like Hansel and Gretel, you simply have to follow the bread crumbs to find out where the sausage is being made.Whether you are for or against the millions spent on elections, the main takeaway is this: we're living in a pay-to-play system, and if you stop to take a look at who is spending money and where, you'll...Read More
In my latest interview with Jim Goddard, I explore how insiders are behaving during this period of transition as the Fed moves to tighten financial conditions after a decade of easy money. Based on our indicators, there are a few bright spots in North America, but generally the insider response to the market correction has been tepid. Ted Dixon November 1st Interview with Jim Goddard INK's Phar...Read More
The nascent FAANG/tech rally is once again in jeopardy with Apple beating on the top and bottom line, but reporting weaker than expected iPhone sales and holiday quarter guidance that was soggy at best.Read full newsRead More
"Junior gold miners are playing a significant role in the gold industry as the majors struggle to uncover new discoveries. https://t.co/zUOSFzZ8yN @RenforthRes #Investing #Resource #Gold"Read full newsRead More
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Ecuador's newly appointed Vice Minister of Mines, Fernando L. Benalcazar, had told delegates at the International Mining and Resources Conference (IMARC) in Melbourne that his country has put plans in motion to aggressively grow mining from 1.55 per cent of GDP to 4 per cent of GDP by 2021.Speaking to a room filled with investors keen to hear about opportunities in Latin America, the Vice Ministe...Read More
CloseGain/LossGold $1233.20+$16.30Silver$14.74+$0.46XAU67.19+4.52%HUI149.73+4.84%GDM544.52+3.60%JSE Gold1139.52-24.28USD96.27-0.74Euro114.11+0.86Yen88.87+0.25Oil$63.69-$1.6210-Year3.139%-0.008T-Bond138.50+0.375Dow25380.74+1.06%Nasdaq7434.06+1.75%S&P2740.37+1.06% The Metals: Gold climbed steadily higher throughout most of world trade and ended near its midafternoon New York high of $1237.40...Read More
In our latest video update, we consider the performance of markets in a volatile October. Stock markets globally fell sharply while gold acted as a hedge in all currencies, rising 1.7% in dollars, 4.4% in euro terms and 4.2% in sterling terms.Stocks Fall Sharply in OctoberThe S&P 500 is just short of a 10% decline from its record September high and remains on pace for the worst month since 2009....Read More
Bounce... While stocks bounced, the headline of the day deserves to the PBOC - which drained liquidity for the 5th day in a row and finally engineered a snap squeeze higher in Yuan...Read full newsRead More
"Marathon Gold Announces Substantial Improvements in Updated PEA with 44% Increase in Recovered Gold, at the Valentine Lake Gold Camp, Newfoundland @MarathonGoldMOZ https://t.co/kyB72wKVJc"Read full newsRead More
"DIAGNOS Announces Closing of Private Placement of Common Stocks and Stock Warrants -- #ADK $ADK #Diagnos @DiagnosInc #AI #eyehealth #Diabetes #Retina #CHUM #artificialintelligence #health #medicalAI $IBM $GOOG --Read the News Release here: https://t.co/cQ4zNNwyLC"Read full newsRead More