The MGX Minerals Driftwood Creek magnesium project in southeastern British Columbia. Source: MGX Minerals Inc.MGX Minerals Inc. [XMG-CSE] said Wednesday July 18 that it has completed a geotechnical drilling program at its Driftwood Creek magnesium project in southeastern British Columbia.MGX Minerals is a diversified resource company that is focused on the development of large-scale industrial min...Read More
A selection of rough diamonds from Peregrine's Chidliak diamond project in Nunavut, northern Canada. Source: Peregrine Diamonds Ltd.Peregrine Diamonds Ltd. [PGD-TSX] said Thursday July 19 that it has agreed to be taken over by De Beers Canada Inc. in a $107 million all-cash plan of arrangement deal, worth 24 cents a share.Peregine's key asset is the Chidliak Project, located in the Canadian Territ...Read More
Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (16,543.01, up 65.61 points)Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up nine cents, or 1.83 per cent, to $5.01 on 9.5 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 28 cents, or 3.52 per cent, to $7.68 on 7.7 million shares.Peregrine Diamonds Ltd. (TSX:PGD)....Read More
REGINA - Stronger that expected resource revenue helped the Saskatchewan government finish the last fiscal year with a deficit almost $400 million smaller than initially forecast.The province finished 2017-18 spending $303 million more than it took in.But that's $393 million better than what was projected in last year's budget.Finance Minister Donna Harpauer says a stronger performance in...Read More
VANCOUVER - De Beers Canada Inc. has signed a deal to acquire Peregrine Diamonds Ltd. in a offer valued at $107 million.Under the deal De Beers will pay 24 cents per share for the company which owns the Chidliak project, located 120 kilometres from Iqaluit.Peregrine also controls the Lac de Gras project in the Northwest Territories near the Diavik diamond mine.The deal, which is subject to the ap...Read More
He called it the Chameleon Technique.It was a simple strategy my uncle used to score with the ladies back in the 1960s.If she was a hippie, I'd bring her gifts of weed and poetry. If she was a Republican, I'd sing the praises of Nixon. I hated whatever she hated, and loved whatever she loved. I was just like a chameleon, changing my colors to suit my needs.Being disingenuous isn't something I nece...Read More
Regulated to DeathThe price of gold fell $13, and that of silver $0.23. Perspective: if you're waiting for the right moment to buy, the market now offers you a better than it did last week. If you wanted to sell, this wasn't a good week to wait. Which is your intention, and why? We are rather late posting Keith's supply & demand update this week, so we felt we might as well add an updated chart o...Read More
For the past few months, I've been tracking a new development in the uranium space.One that could instantly kick the lagging sector into hyperdrive.It has to do with an obscure Commerce Department rule that industries can use if foreign markets are impeding American business and safety.A few weeks ago, I was confident enough that this rule was going to come into play soon, so I wrote to you about...Read More
CloseGain/LossGold $1227.80UNCHSilver$15.55-$0.03XAU80.17+0.17%HUI172.16-0.45%GDM607.93-0.04%JSE Gold1010.31-13.85USD95.09+0.14Euro116.49-0.16Yen88.74-0.01Oil$68.76+$0.6810-Year2.873%+0.010T-Bond144.8125-0.21875Dow25199.29+0.32%Nasdaq7854.44-0.01%S&P2815.62+0.22% The Metals: Gold fell $6.50 to $1221.30 in late Asian trade before it bounced back higher in London and New York, but it was una...Read More
By Keris Lahiff via CNBCThis market is in the "biggest bubble in the history of mankind," Ron Paul told CNBC's "Futures Now" last Thursday.Access CNBC video here"I see trouble ahead, and it originates with too much debt, too much spending," Paul said.Paul belongs to the Libertarian Party, a faction that emphasizes constrained government spending. He sees federal spending and monetary policy a...Read More
Gold and silver fell below the key long term moving averages and key retracement levels after the Federal Reserve chairman's semi-annual testimony. The Indian gold future price fell below Rs.30,000 after more than a year. There should be very good physical demand in Asia for gold. I am not very sure of higher silver demand in Asia. Gold premiums will rise. I am not writing off gold as an investm...Read More
"NEVER BEFORE SEEN CHARTS:Gold Mining Industry's Costs Are Higher Than Market Realizes https://t.co/CUkJ31Shyg @Tfmetals @Goldcore @SprottMoney @KingWorldNews @GoldMiningNews @Mineweb @GOLDCOUNCIL @FutureMoneyTren @JasonEBurack"Read full newsRead More
"NEVER BEFORE SEEN CHARTS:Gold Mining Industry's Costs Are Higher Than Market Realizes https://t.co/CUkJ31Shyg @Tfmetals @Goldcore @SprottMoney @KingWorldNews @GoldMiningNews @Mineweb @GOLDCOUNCIL @FutureMoneyTren @JasonEBurack"Read full newsRead More
"Albert Mining to Conduct a High-Resolution Helicopter-Borne Magnetic Survey on the Ashuanipi Gold Project in Quebec -- #AlbertMining $AIIM $AIIM.CA $AIMM.V #AI #Mining #SmartMining @albert_mining -- Read the News Release here: https://t.co/4vPAkDIyPI"Read full newsRead More
"Base metal weakness overdone, driven by financial speculators, ignoring positive fundamentals. BMO & Bloomberg noting today that bulk commodities (coal, Fe ore), with prices set by physical market, are trading up since June 1 while exchange-traded commodities (Cu, Ni) are down"Read full newsRead More
"Albert Mining to Conduct a High-Resolution Helicopter-Borne Magnetic Survey on the Ashuanipi Gold Project in Quebec -- #AlbertMining $AIIM $AIIM.CA $AIMM.V #AI #Mining #SmartMining @albert_mining -- Read the News Release here: https://t.co/4vPAkDIyPI"Read full newsRead More
Firesteel Resources (TSXV:FTR) (Read full newsRead More
Blackrock Gold Resources (TSXV:BRC, OTC:BKRRF, FRANKFURT:AHZ) (theRead full newsRead More
"Albert Mining to Conduct a High-Resolution Helicopter-Borne Magnetic Survey on the Ashuanipi Gold Project in Quebec -- #AlbertMining $AIIM $AIIM.CA $AIMM.V #AI #Mining #SmartMining @albert_mining -- Read the News Release here: https://t.co/4vPAkDIyPI"Read full newsRead More
"Albert Mining to Conduct a High-Resolution Helicopter-Borne Magnetic Survey on the Ashuanipi Gold Project in Quebec -- #AlbertMining $AIIM $AIIM.CA $AIMM.V #AI #Mining #SmartMining @albert_mining -- Read the News Release here: https://t.co/4vPAkDIyPI"Read full newsRead More