The winner of this year's #DisruptMining 2018 contest - a yearly event sponsored by major miner Goldcorp to find new technologies to solve some of the most prominent challenges facing the often change-averse mining industry - has closed a C$1 million investment from the major.Henry Lazenby in Vancouver On site at Goldcorp's Red Lake complex07 JUNE 201807/06/2018commentsshareAs part of the deal...Read More
Visible gold in Hole OAX-17-168 at 197 m depth at Orenada Zone 4Alexandria Minerals Corp. [AZX-TSXV;ALDXF-OTC] said it is embarking on a new corporate direction that will feature non-dilutive financings, a re-focus on core assets and a new management team.The announcement follows the company's recent decision to terminate Alexandria's former CEO Eric Owens. In a February 14, 2018, press release th...Read More
CALGARY - Canada's oilsands industry, hard hit by a price storm this year, could be sailing straight into a pricing typhoon stirred up by new fuel standards for the international shipping industry.The tighter pollution rules by the International Maritime Organization, dubbed IMO 2020, are set to take effect Jan. 1, 2020, resulting in the sulphur content limit of "bunker" fuel on ships droppi...Read More
$7.17 billion.According to Deloitte, this is how much Canadians are expected to spend on cannabis products next year.Once this report came out, Wall Street hot shots spit out the data to their clients so they could get a piece of this action.And this, dear reader, is why those Wall Street hustlers are useless.Everything they're now telling their clients about cannabis stocks is basically what I to...Read More
Seabridge Gold (TSX: SEA; NYSE:SA) holds one of the world's largest resource bases of gold, copper and silver, with the objective of growing gold resource and reserve ownership per share. We learned from Rudi Fronk, who's chairman and CEO of Seabridge Gold, that he started Seabridge almost 19 years ago with a contrarian view on gold and with the intention to build the best leveraged play to a risi...Read More
Aben Resources Ltd. (TSX-V: ABN, OTC PINK: ABNAF, Frankfurt: E2L2) is a Canadian gold exploration company developing three great projects in British Columbia's Golden Triangle, the Yukon, and Saskatchewan. We learned from Jim Pettit, President and CEO of Aben Resources, that their flagship project is called Forrest Kerr Gold Project in the Golden Triangle, northwestern British Columbia, which is a...Read More
Vancouver, British Columbia - June 7, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Magnitude Mining Ltd. (TSXV: MML.P) (the "Company"), a capital pool company, is pleased to announce that it has completed its initial public offering (the "Offering").The Company issued an aggregate of 2,000,000 common shares (each, a "Share") of the Company to purchasers in British Columbia and Alberta at a p...Read More
June 7, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund examines recent movements in the gold market.Gold's breakout from its giant 5-year base pattern has had to wait for the dollar rally to run its course, which it now appears to have done, and this being the case, gold is now free to break out into a major bull market that looks set to dwarf all prior ones. We have in the past d...Read More
June 7, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund examines the silver market and explains why he believes this is a good entry point "for all things silver."The silver market has become so quiet that you can hear a pin drop, a most unusual situation in this normally rather volatile metal. What this means is that there is a big move brewing and probably sooner rather than late...Read More
Ever since the Supreme Court ruled that the baker was within his rights to refuse to bake a wedding cake for a gay couple, I have been seeing memes and photos like these:Actually, you don’t even have to have religious beliefs against Trump. A court ruled last month that political beliefs were enough for a bar to deny service to a man wearing a Make America Great Again hat.As for the bakery d...Read More
Junk Bond Spread BreakoutThe famous dead parrot is coming back to life... in an unexpected place. With its QE operations, which included inter alia corporate bonds, the ECB has managed to suppress credit spreads in Europe to truly ludicrous levels. From there, the effect propagated through arbitrage to other developed markets. And yes, this does "support the economy" - mainly by triggering an aval...Read More
Expanding its presence in the health-tech sector and the city of Denver, Colorado School of Mines will join Catalyst HTI, a first-of-its-kind health care innovation hub opening this summer that will bring together startups, established health care entities, nonprofits and academic organizations to spur collaboration and innovation. Mines plans to open a 1,700-square-foot office inside Catalyst HT...Read More
Today is the big day: Canada's Senate will be voting on bill C-45: the Cannabis Act.It would cement Canada as the first G7 nation to make marijuana legal, and lead the way for others to follow.If you've ever been hesitant about investing in marijuana stocks, now is the time for you to act. The bill is going to pass and if you wait much longer you could be missing out on the gains of a lifetime.I...Read More
In the hopes of turning the gold mining industry around, John Paulson of Paulson & Co is putting together an alliance of investors called the Shareholders Gold Council, which is set to launch sometime in June.Read full newsRead More
CloseGain/LossGold $1297.10+$0.60Silver$16.68+$0.19XAU83.38+0.40%HUI178.88+0.12%GDM627.82+0.69%JSE Gold1031.20+5.57USD93.66-0.25Euro117.72+0.55Yen90.80-0.36Oil$64.73-$0.7910-Year2.972%+0.052T-Bond143.40625-0.90625Dow25146.39+1.40%Nasdaq7689.24+0.67%S&P2772.35+0.86% The Metals: Gold chopped between $1299.40 and $1294.20 in Asia and London before it climbed to a new session high of $1301.60...Read More
by Simon Constable for Middle East EyeTurkey's central bank has accumulated an additional 400 metric tonnes of gold since 2011 (Image via Wikimedia)Turkey's economy has been in a tailspin with an inflationary currency, but the country is using something rare to help stabilise itself: gold.In late 2011, Turkey started to allow commercial banks to use gold instead of the Turkish lira for their req...Read More
Tesla shares bounced after Musk said it'sRead full newsRead More
Troubles in the Middle East aren't having an effect on gold, according to self-taught investor David Erfle. But the US dollar, which continues to strengthen, is a major force.Read full newsRead More
Lithium, copper and nickel companies raised big money during the first quarter in 2018.Investors poured US$325M into lithium companies. Most of the money went to Orocobre. Toyota bought 15% of the Australian-based lithium company.As usual gold was on top. Half the US$832M closed went to Lundin Gold to advance its Fruta del Norte gold project in Ecuador.Cobalt was way down the list at just $23M, ho...Read More
Renforth Resources (CSE:RFR) announces that Eagle Geophysics, of La Sarre Quebec, will fly a tightly spaced heli-mag survey over Parbec to acquire detailed data to aid in ongoing deposit interpretation. Read full newsRead More