Chilean lithium miner SQM confirmed Friday it expects realized lithium prices to be lower in the second half of 2018 partly as a result of new supply ramping in Australia and the company's own predicted increase in sales, even though global demand is forecast to grow more than 20% this year.Delivering results for the three months to June 30, the $12.8-billion Santiago-based company posted a $24...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 releasing its 2018 Q2 financials August 29th, 2018 and will be hosting a conference call to discuss these results on Thursday August 30th, 2018 at 9:00 AM EST (6:00 AM PST).As previously announced on July 9th, 2018, combined with a highly successful early launch of...Read More
The junior gold miners' stocks have been thrashed in August, plummeting to brutal multi-year lows. Such carnage naturally left sentiment far more bearish than usual in this forsaken contrarian sector. But these extremely-battered gold-stock prices certainly aren't justified fundamentally. Junior gold miners' collective results from their just-completed Q2'18 earnings season prove their stock price...Read More
Teck Resources (TSX:TECK.B)(NYSE:TECK) is back below $30 per share, and investors are wondering if this is an attractive entry point for Canada's largest diversified mining company.Let's take a look at the current situation to see if Teck deserves to be in your portfolio.EarningsTeck reported solid Q2 2018 results. Revenue came in at $3 billion compared to $2.8 billion in the same period last year...Read More
I remember vividly the scene in The Big Short when a housing broker was driving the "Steve Eisman" group around California's "Inland Empire." Home prices were dropping and the vista was littered with "for sale" signs. The broker remarked awkwardly, "the market is going through small valley right now." Successful realtors can look anyone in the eyes and present a small nuclear bomb as a box o...Read More
Great Bear drilling its Dixie Lake Project near Red Lake, Ontario. Source: Great Bear Resources Ltd.Hot mining stock Great Bear Resources Ltd. [GBR-TSXV, GTBDF-OTC] said Friday August 24 that it is raising $10 million via a private placement financing led by an investment from Bay Street gold bug Rod McEwen and his company McEwen Mining Inc. [MUX-TSX, NYSE].The private placement financing is compr...Read More
Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,356.05, up 29.26 points).Aurora Cannabis Inc. (TSX:ACB). Health care. Up 56 cents, or 6.97 per cent, to $8.59 on 30.76 million shares.Aphria Inc. (TSX:APH). Health care. Up $2.59, or 22.68 per cent, to $14.01 on 23.1 million sharesRed Eagle Mining Corp. (TSX:R) Mining. Up three cents, or...Read More
The semi truck is king of the road.Weighing in at over 33,000 pounds, these beasts are nearly 10 times heavier than a small passenger car.Driving on the road with these monsters can be anxiety inducing. No one likes being stuck driving between two semis.Sometimes it can be downright aggravating. You can't see around them, they're slow to take off... you know the deal.But trucking is truly importan...Read More
It was about three years ago when I recommended folks buy shares of Canopy Growth Corporation (TSX: WEED) for $1.60 a share.Yesterday, the stock hit $55.92 a share. That's a gain of 3,394%.I'm not going to lie. That's the biggest gain I've ever enjoyed in my more than two decades in the world of finance. And it's only one of about a dozen other cannabis stocks I recommended many years ago - when t...Read More
A new study published this week in the Proceedings of the National Academy of Sciences showed definitive evidence of water ice on the Moon's surface, and multiple professors in the Space Resource Program at Colorado School of Mines were interviewed about the findings by national news outlets. Angel Abbud-Madrid, director of the Center for Space Resources , discussed the findings with Business In...Read More
A Colorado School of Mines professor is leading an international research effort to strengthen understanding of the tradeoffs between food, energy and water in agricultural basins.Reed Maxwell, Rowlinson Professor of Hydrology and director of the Integrated GroundWater Modeling Center (IGWMC) at Mines, is the U.S.-based principal investigator on the collaborative project, which is being funded thr...Read More
It's not often that a mining company releases three preliminary economic assessments on three different mines in two months.But that's what Sierra Metals (TSX: SMT; NYSE-AM: SMTS) accomplished in June and July when it completed studies on expanding output at its two mines in Mexico - Bolivar and Cusi - and at a third mine, Yauricocha, in Peru.In Mexico, the two mines are situated in the state of C...Read More
A few months after tabling a maiden resource for its Ivana urnaium deposit on its Amarillo Grande uranium project in Argentina's Rio Negro province, Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) is moving on to perform metallurgical studies and step-out drilling. It aims to generate enough data for a preliminary economic assessment (PEA) it hopes to table by the end of 2018.The company released the...Read More
Vancouver-based Ceylon Graphite (TSXV: CEY; US-OTC: CYLYF) has added a third property to its graphite exploration portfolio after receiving strong assay results on grab samples taken from the property.The assay results, performed by the Sri Lankan government's Geological Survey and Mines Bureau laboratory, indicate a carbon content of 96.13%. According to the company, that exceeds all other known...Read More
Sometimes, friends of mine ask for investment advice.These are people who have never invested before and want to get started. They're looking for high-probability plays.Here's what I tell them...Invest in commodities.That's how I made money when I first started investing a little over a decade ago.That's because it's simple, easy, and straightforward.Everyone knows the philosophy intuitively. It's...Read More
Yes, Tesla makes electric cars and the batteries that power them. But, the company also has a promising future in backup energy storage.Read full newsRead More
"It gets more and more uncomfortable for the Big 2: Reuters: #Chile plans clampdown on water rights in lithium-rich area $ALB $SQM #lithium https://t.co/RpGsasIzo1"Read full newsRead More
CloseGain/LossGold $1185.50-$11.10Silver$14.50-$0.26XAU65.30-3.15%HUI141.62-2.97%GDM516.04-2.76%JSE Gold933.96+0.14USD95.63+0.59Euro115.42-0.62Yen89.99-0.65Oil$67.83-$0.0310-Year2.823%+0.007T-Bond145.65625+0.1875Dow25656.98-0.30%Nasdaq7878.46-0.13%S&P2856.98-0.17% The Metals: Gold dropped $10.10 to $1186.50 in Asia before it bounced back towards unchanged in London, but it then fell back o...Read More
The company's share price closed Wednesday up over 60 percent on the news that it has made a high-grade gold discovery at Dixie's Hinge zone.Read full newsRead More