Mining operations get a lot of flack for creating environmental problems around the world. Yet they provide much of the basic material that keeps the global economy humming. Some mining companies are drilling down in their efforts to clean up their acts. As the world’s fourth-largest gold mining company Goldcorp has received its share of criticism...Read full newsRead More
Damages were about $75 million, lawsuit saysRead full newsRead More
John Thornton, a latecomer to the industry who lives in an $81-million Florida villa, is facing a test to his leadership as investors lose confidenceRead full newsRead More
Barrick's plan going forward includes increasing its portfolio of so-called tier 1 assets over time, and gradually shedding anything that's not tier 1 or deemed to be "strategic."Read full newsRead More
Long before having children of my own, I asked an author and father how long he thought it might take me to return to writing after giving birth. Two weeks, he said. "Maybe a month, if you're nursing." I held onto that assertion throughout my pregnancy, but then - like many of my best laid plans - it went awry. His situation was not mine, after all; I had two babies at once, and I was the one atte...Read More
Mr. Derek White reportsASCOT ENTERS INTO AGREEMENTS TO ACQUIRE THE SILVER COIN PROPERTY IN NORTHWESTERN BRITISH COLUMBIA Ascot Resources Ltd. has entered into definitive agreements with Jayden Resources Inc. and Mountain Boy Minerals Ltd. to acquire a 100-per-cent interest in the Silver Coin property in northwestern British Columbia.Highlights of the Silver Coin property:Approximately 244,000 AuEq...Read More
California's real estate market could be in the beginning stages of a correction to fair value, after nearly a decade of speculation forced much of the median-priced single-family homes out of reach of the middle class...Read full newsRead More
The earlier than anticipated onset of successful, fairly affordable, long-range electric vehicle (EV) demand has caught both battery manufacturers and car companies by surprise - even the most bullish of car companies.Carmakers like GM, Renault, Hyundai, Daimler, BMW, and VW have all seen demand exceed capabilities and expectations, and battery shortages are evidentRead full newsRead More
Mr. Christian Milau reportsEQUINOX GOLD ANNOUNCES TERMINATION OF EARN-IN JV AGREEMENT ON BRAZIL GREENFIELDS CONCESSIONS AngloGold Ashanti Holdings PLC has terminated the earn-in joint venture at Equinox Gold Corp.'s Aurizona greenfields concessions in Brazil. As such, Equinox Gold will retain its 100-per-cent interest in the approximately 1,800-square-kilometre greenfield concessions.Equinox Gold...Read More
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Mr. Peter Grosskopf reports SPROTT ANNOUNCES 2018 SECOND QUARTER RESULTSSprott Inc. has released its financial results for the three months ended June 30, 2018. Financial overview for the quarter ended June 30, 2018: Assets under management (AUM) were $11.1-billion as at June 30, 2018, compared with $11.6-billion as at March 31, 2018.Total net revenues (net of commission expenses, trailer fees an...Read More
Shares in Canada's First Majestic Silver (NYSE:AG) (TSX:FR) dropped more than 10% in New York and Toronto on Monday after it posted a second-quarter loss of $40 million, compared to a profit in the same period a year earlier.The Mexico-focused miner said it had a loss of 22 cents on a per-share basis. Adjusted for one-time gains and costs, losses were 7 cents per share.First Majestic shares drop...Read More
Shares in Canada's First Majestic Silver (NYSE:AG) (TSX:FR) dropped more than 10% in New York and Toronto on Monday after it posted a second-quarter loss of $40 million, compared to a profit in the same period a year earlier.The Mexico-focused miner said it had a loss of 22 cents on a per-share basis. Adjusted for one-time gains and costs, losses were 7 cents per share.First Majestic shares drop...Read More
Sebastiao Pedro struck it lucky in 2014 when, as a 21-year-old small-scale miner, he found a large red ruby in northern Mozambique. He sold it to a buyer from Vietnam for $43,000, returned to his family 900 miles away and built a house with the proceeds.Then the money ran out.This year he went back to Montepuez, home to the world's biggest known ruby deposit, hoping to find another small fortune....Read More
The use of lithium-ion batteries by automakers is expected grow seven-fold by 2025, helped mainly by their dropping costs as well as by subsidies and incentives in many countries, particularly in China, to encourage sales of electric vehicles (EVs)According to Will Adams, Metal Bulletin's Head of Research for the battery materials, base metals and precious metals markets, demand for lithium-ion ba...Read More
"@vixcontango @TheArmenianDad If rates rise ---- Turkey will be a pimple on an Elephant's fanny. 65% of all global debt in USD.The danger is not a low dollar --- but a high one."Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. In our last review, we formulated that a summer bottom was being hammered out by the Index. After all, the INK CIN hadn't traded meaningfully below 1280 since April. However, as the week began, that idea quickly ran off the rails as Canadian indices tumbled on reports that the government...Read More
"The pattern since the Feb selloff going back to old highs has been CHOPPY & OVERLAPPING.That's OFTEN indicative of a counter trend move.Burford has it right on this chart -- odds (not absolutes) favor the Dow is going to move lower into October. https://t.co/V7TAIr5RYY"Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), is pleased to announce that it has reinforced its API (application programming interface) technology, Mesh, for content distribution, in anticipation of impending client partnerships. The Mesh API enables data to flow seamlessly across disparate systems for any database, in any industry, across any system limi...Read More
"Many assume when nations stop using the USD for trade that it means the end for the US Dollar.The truth of the matter is theRead full newsRead More