Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, Newmont Mining Corporation, Gold Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
Botswana Diamonds (LON:BOD) is expanding its operations from its base country to neighbouring Zimbabwe by teaming up with Vast Resources (LON:VAST) to jointly explore for diamonds in that country.The memorandum of understanding signed Tuesday sees the two companies exchanging past exploration information on areas prospective for diamonds in Zimbabwe. It also says the parties will set up a jointly...Read More
At Electra Mining Africa 2018, Kal Tire's Mining Tire Group demonstrates its strengths and ingenuity for servicing both underground and open cast mine operationsJohannesburg, SA-One year after acquiring the underground mining expertise of Tyre Corporation, and combining it with the surface mining expertise, tyre management innovation and culture of Kal Tire-Kal Tire's Mining Tire Group has become...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Monday was a weak 73-100-117. The TSX Venture Exchange fell fractionally to 783 while polished diamond prices jumped 0.4 per cent. Sheldon Inwentash's Gratomic Inc. (GRAT) lost 1.5 cents to 17 ce...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $7.80 to $1,314.80 on Monday. The TSX Venture Exchange fell 0.13 point to 783.63 while the TSX Gold Index dropped 3.84 points to 188.16. Detour Gold Corp. (DGC), down $4.55 Friday on discouraging guidance adjust...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX-Venture Exchange slipped a fraction of a point to 783.63 Monday. John Travaglini has filed a preliminary prospectus to list his second capital pool shell, Platform 9 Capital Corp. Platform 9 plans to sell an initial public offe...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellYelena Furman, the woman charged alongside fugitive Canadian Myron Gushlak for a 2012 shell scheme, has received 18 months in jail. Florida Judge Cecilia Altonaga imposed the jail term along with a six-month period of house arrest and three years of s...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellYelena Furman, the woman charged alongside fugitive Canadian Myron Gushlak for a 2012 shell scheme, has received 18 months in jail. Florida Judge Cecilia Altonaga imposed the jail term along with a six-month period of house arrest and three years of s...Read More
http://www.miningmx.com/I think the decision by Minister of Mineral Resources Gwede Mantashe to do an "about face" over the High Court ruling on "once empowered, always empowered" and appeal the judgement is hugely negative.It reveals that "the leopard cannot change its spots" because it shows once more that a critical part of the ANC's ideological make-up is an underlying mistrust and dislike of...Read More
Last week index score: 45.59 (updated)This week: 37.75Oreninc: Interview Session with Mickey Fulp - Episode 22 now liveThe Oreninc Index fell in the week ending April 27th, 2018 to 37.75 from an updated 45.59 a week ago as the number of deals fell despite some broker action returning.A calmer and less volatile week all round with the presidents of North and South Korea meeting for the first time i...Read More
Recent activity in exploration and acquisitions in North America for the next supply of platinum reveals a troubling situation for South African platinum mining, which presents opportunities for platinum companies in safer jurisdictions.If you conduct a brief survey of headlines about platinum mining in South Africa, a stark picture is revealed.JP Morgan Cazenove recently reviewed the SA platinum...Read More
Cameco Corp. (TSX:CCO)(NYSE:CCJ) released its first-quarter results last week, which showed the uranium producer finishing in the black after struggling recently. Total revenues of $439 million were up 12% from last year and the company was able to bank $55 million of that as profit; a year ago, it posted a loss of $18 million.Cameco credits the strong results to its restructuring efforts as well...Read More
What concerns me is when people put their hard-earned money into housing or any other supposed store of value thinking that the sky is the limit. We are living in an age of epic distortions, misinformation and outright fraud. - Aaron Layman, Dallas-based Realtor, member of the Dallas and Houston MLS boards and a housing market analystThe propaganda about a hot economy, "overheated" housing market...Read More
Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He's put half of his $5.7 billion net worth into gold.He said in an interview Monday that he believes gold prices will rally further, reaching $1,800 per ounce from just above $1,300 now, while "overvalued" stock markets crash."In the end you have China and...Read More
The Rosh Pinah zinc mine in Namibian, Africa. Source: Trevali Mining Corp.Trevali Mining Corp. [TV-TSX, Lima; TREVF-OTCQX, 4T1-FSE] said Tuesday May 1 its majority-owned Rosh Pinah Zinc Corp. (Proprietary) Ltd. (RPZC) in Namibia will, subject to receipt of Companies Registration Office and Registrar approval, undertake a partial share buyback of issued RPZC shares under agreements with Namibian sh...Read More
Advanced Proteome Therapeutics Corporation (TSXV:APC), a biotech stock, moved up after announcing test results on its leading antibody-drug conjugate candidateSean Mason | May 1, 2018 | SmallCapPowerFurther validation for a cancer drug candidate sparked speculation in a biotech stock Tuesday. Here's some small stocks making big moves on Tuesday, May 1, 2018 (as of 4 pm EST):Advanced Proteome...Read More
A newly discovered mineralized zone on Cobalt Power's Smith Project in the Cobalt Mining Camp, northeast Ontario. Source: Cobalt Power Group Inc.Cobalt Power Group Inc. [COP-TSXV, CBBWF-OTC] shares were active Tuesday May 1 after the company said it had agreed to acquire Western Cobalt Corp., a private mineral exploration company that holds nine strategically located mineral claims in the eastern...Read More
Canopy Growth Corporation (TSX:WEED) announced that it will make an investment in Australia's State of VictoriaSmallCapPower | May 1, 2018: Canopy Growth Corporation (TSX:WEED) Wednesday announced that it has launched Spectrum Cannabis Australia, the newest member of Canopy Growth family, in collaboration with the Victoria State Government in Australia. Over the next four years, Canopy Growth will...Read More
Location map for the Clayton Valley Lithium Project, NevadaHighlights:Total indicated mineral resource of 597 million tonnes at an average grade of 899 ppm (0.09%) Li, which equates to a contained 857 million tonnes of lithium carbonate equivalent (LCE).Total inferred mineral resource of 779 million tonnes at an average grade of 888 ppm (0.089%) Li, which equates to a contained 683 million tonnes...Read More