Emperor Energy (ASX: EMP) is a diversified energy company, with upstream and downstream assets in Australia. The company's strategic asset, Vic/P47 oil and gas project, is located in the Gippsland Basin, next to the BHP/ExxonMobil Kipper field. We learned from Carl Dumbrell, Managing Director and Company Secretary of Emperor Energy, that they have a significant amount of conventional gas at Vic/P4...Read More
A historic event took place a few months ago... and everyone missed it.I can't say I blame them. It's easy to miss something in the clickbait headlines that clog up our screens today.To be fair, this event was inevitable, and we've been waiting for it to happen for a full decade.So what happened?Back in April, the port district of Houston-Galveston (which includes ports in Houston, Galveston, and...Read More
Colorado School of Mines is proud to announce 22 new faculty members for the 2018-19 academic year. This diverse group is dedicated to advancing the science and technology of their respective fields and educating the next generation of engineers and scientists.Mohsen Asle ZaeemAssociate Professor, Mechanical EngineeringPhD, Washington State UniversityMohsen Asle Zaeem joins Mines from Missouri Uni...Read More
This episode takes a look at the junior graphite market, which is awakening from a five-year slumber as demand for graphite in the electric vehicle and grid storage sectors begins to take off.Our feature interview is with Gregory Bowes, CEO of Ottawa-based graphite developer Northern Graphite (TSXV: NGC; US-OTC: NGPHF), who gives an overview of graphite prices and the latest global supply and dema...Read More
Great Bear Resources (TSXV: GBR; US-OTC: GTBDF) has reported two high-grade drill holes from its Dixie gold project in Ontario's Red Lake district.The first reported drill hole intersected 26.9 grams gold per tonne over 16.4 metres from 120 metres depth including separate subintervals of 51.4 grams gold per tonne over 5.1 metres and 112.6 grams gold per tonne over 1.0 metre. The second reported dr...Read More
Despite a blockade of its El Limon-Guajes gold mine complex in southwestern Mexico from November 2017 until early April 2018, Torex Gold Resources (TSX: TXG) put out solid results over the last six months.The company reported 75 days of partial operations in the first quarter due to the blockade and challenging operating conditions, and yet produced 67,000 oz. gold in dor?(C) in the three months e...Read More
Raymond James has cut its target price on Alio Gold (TSX: ALO; NYSE: ALO) from $4.50 to $1.00 per share and downgraded the company from market perform to underperform due to operating challenges, debt and declining gold prices.The company has temporarily suspended all development work at its Ana Paula project in Mexico's Guerrero state, including the construction of an underground decline, explora...Read More
Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) has tabled an updated preliminary economic assessment (PEA) for its Separation Rapids lithium project near Kenora, Ont., that it says "reflects a simplified business model" by producing only lithium concentrates rather than battery materials.The company says the new model reduces initial capital expenditure, but still gives it the option to conve...Read More
Maverix Metals (TSXV: MMX; US-OTC: MACIF) has acquired a 1.5% net smelter returns royalty on the McCoy-Cove gold project in Nevada that was originally supposed to be a part of the 50-royalty portfolio it acquired from Newmont Mining (NYSE: NEM) in early July.Premier Gold Mines (TSX: PG; US-OTC: PIRGF), owner and operator of the McCoy-Cove property, had initially decided to exercise a right of firs...Read More
If you're serious about "blood in the streets" or contrarian investing, now is the perfect time to take a look at the mining sector.The sector hit a low for the year earlier this month, as evidenced by the S&P Metals & Mining ETF (NYSE: XME).Volume has fallen off a cliff as well.Some of that is to be expected in mid-August - the so-called "summer doldrums" when investors trade their laptops for Ra...Read More
One of the main components of early FI is that you have a lot more free time than you once did when you were working THE GRIND…I guess there are pros/cons to that… Without having to follow a set script, life can really go in any direction that you wish… You can elect to work harder than ever before, chasing a new set of goals… Or, on some (many) occasions, you can simply el...Read More
A collaborative partnership with LlamaZOO will deliver advanced data visualisation in 3D and VR to mining customers.Mining technology developer Maptek and augmented reality experts LlamaZOO are teaming together to bring digital twinning and advanced 3D data visualisation to the mining industry.'At Maptek we're all about building on our legacy of innovative approaches to how customers interact with...Read More
Data from the China Internet Network Information Center shows a 30 million user jump during the first half of 2018.Read full newsRead More
Peace has broken out in the Chilean copper industry with two major potential labour flashpoints resolved in as many days.Read full newsRead More
CloseGain/LossGold $1194.00+$3.80Silver$14.76+$0.01XAU66.78+1.01%HUI144.45+0.98%GDM527.55+0.74%JSE Gold934.40+21.66USD95.26-0.59Euro115.73+1.78Yen90.73-0.25Oil$67.35+$0.9210-Year2.844%-0.008T-Bond145.09375-0.375Dow25822.29+0.25%Nasdaq7859.17+0.49%S&P2862.96+0.21% The Metals: Gold gained $6.10 to $1196.30 in Asia before it dropped back to $1187.80 by late morning in New York, but it then bo...Read More
- Russia buys 800k ozs of gold as diversifies reserves from USD- Russia now has total gold reserves worth just $76 billion; Dumped $90 billion of US Treasuries in April and May- 25-ton addition brings Russia's Central Bank holdings to 1,969 tons; the world's 5th largest gold reserves- Central bank buying Russian gold on Moscow Exchange for now- Russia sees gold's role as independent currency...Read More
Gold and silver may have formed a short-term bottom last week. If gold and silver prices remain firm till Thursday, then fence sitting long term investors will start investing in gold. Other than the excessive bet on the US dollar as a safe haven, all the factors are bullish for gold. Trader sentiment, perception or momentum by whatever adjective which we use can change in a flash of a second....Read More
Canuc Resources Corporation (TSXV:CDA) (Read full newsRead More
Aben Resources Ltd. (TSXV:ABN, OTCBB:ABNAF, FRA:E2L2) (Frankfurt: E2L2) ("Aben" or the "Company") is pleased to announce it has closed its previously announced non-brokered private placement financing (see news release dated August 15, 2018) for aggregate gross proceeds of approximately CAD $4.28 million.Read full newsRead More
VW has received what could very well be the largest order of all-electric trucks to date. Ambev, an important Brazilian brewery, has committed to electrify its delivery fleet and placed an order fo...Read full newsRead More