Mining Stocks Articles

INK Canadian Insider Index falls 2.5%, outperforms US indices

Mon, 12/02/2018 2:14 am / Nicholas Winton

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index gapped down along with other world markets and fell 31 points or 2.5% for a 5.8% loss in two weeks. Support now moves down to 1200 and 1220. Resistance moves to 1250 and 1256.Our long-term momentum indicator MACD fell 2.6 points or 45% to -8.36....Read More

18 killed as Venezuela army takes control of wildcat mine

Mon Feb 12 02:06:56 2018 / Staff reporter

At least 18 people were killed at an illegal gold mine in southern Venezuela during clashes with security forces looking to take control of the area, an official said Sunday.Read full newsRead More

Venezuela: 18 dead in clash with military at illegal mine

Mon Feb 12 02:06:55 2018 / Staff reporter

At least 18 people have been killed in a confrontation between security forces and illegal miners in eastern Venezuela. The mineral-rich region sees frequent clashes between rival gangs seeking to control gold deposits.Read full newsRead More

Dangerously high levels of mercury found near artisanal gold mines in Senegal

Mon Feb 12 02:06:54 2018 / Staff reporter

A Duke University-led study has found dangerously high levels of mercury and its more toxic chemical cousin, methylmercury, in soils, sediments and rivers near artisanal gold mines in the West African nation of Senegal.Read full newsRead More

New gold rush: Energy demands soar in Iceland for bitcoins

Mon Feb 12 02:06:53 2018 / Staff reporter

With massive amounts of electricity needed to run the computers that create bitcoins, large virtual currency companies have established a base in the North Atlantic island nation blessed with an abundance of renewable energy.Read full newsRead More

Venezuela Military Battles Criminal Gang in Mining Region

Mon Feb 12 02:06:52 2018 / Staff reporter

At least 18 people were killed at an illegal gold mine in southern Venezuela during clashes with security forces looking to take control of the area, an official said Sunday.Read full newsRead More

Newmont Recognized for Top Performance in Mining Sector in Sustainability Yearbook

Mon Feb 12 02:06:48 2018 / Staff reporter

DENVER, Feb. 08 /CSRwire/ - Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) has been recognized for top performance in the mining sector in The Sustainability Yearbook 2018. The Yearbook is published by RobecoSAM, a sustainability investment firm that manages one of...Read full newsRead More

Broadway Gold Mining drilling program at Madison Copper-Gold Project

Mon Feb 12 02:06:47 2018 / Staff reporter

Broadway Gold Mining Ltd. announced that Phase III surface drilling program at the Company's 100%-owned Madison copper-gold project in the legendary Butte-Anaconda mining region of Montana, USA.Read full newsRead More

Broadway Gold Mining drilling program at Madison Copper-Gold Project

Mon Feb 12 01:06:07 2018 / Staff reporter

Broadway Gold Mining Ltd. announced that Phase III surface drilling program at the Company's 100%-owned Madison copper-gold project in the legendary Butte-Anaconda mining region of Montana, USA.Read full newsRead More

What the Stock Market Decline Means for Gold & Gold Stocks

Feb 12, 2018 / Jordan Roy-Byrne

It was a rough week for investors in stocks and stocks of all kinds. The S&P 500 lost 5%. Emerging Markets also lost 5%. Gold Stocks, which had weakened before the broader equity market have been hit hard. They (GDX, GDXJ) also lost 5% last week. The HUI Gold Bugs Index (which excludes royalty companies unlike GDX) lost 7%. After a strong start to the year, gold stocks have essentially given b...Read More

Amazon.com's Accounting Pornography

February 12, 2018 / admin

I wrote the following analysis on Amazon.com's GAAP accounting manipulation for Seeking Alpha...Amazon.com (AMZN) released its earnings on Thursday, February 1st after the market closed. The headline net income number was $3.85/share. This blew away Wall Street's estimate of $1.85/share, which is a bit peculiar since the traditional "beat the Street" earnings game is accomplished by guiding Wall S...Read More

Teranga Gold plans to produce 215,000 ounces of gold in 2018

Feb 12 2018 / Staff reporter

Teranga Gold (TGZ.TO) completed a successful 2017 wherein it produced just over 233,000 ounces of gold at its Sabodala project in Senegal. The higher gold price and good production results have increased the year-end cash position to $88M, which will allow the company to develop its next project; the Banfora gold project which has now been renamed into Wahgnion.You already know our opinion about W...Read More

Another public comment period extension for Gunnison

Feb 12 2018 / Staff reporter

Arizona has a positive track record for ISR mining.Excelsior Mining (MIN.TO) has confirmed the Environmental Protection Agency ('EPA') has extended the public comment period on the permitting process of the Gunnison copper project in Arizona by an additional two months. This extension will facilitate a (final?) public meeting, scheduled for February 27th in the town of Dragoon, Arizona.After the e...Read More

Renewable Energy Sector Demands High Grade Vanadium

February 12, 2018 / Resource World

Mark Smith, CEO, Largo Resources, at Maracas Menchen Mine.Vanadium redox batteries demand a steady supply of vanadium to make the technology work. One vanadium redox battery requires six to eight kilograms of vanadium per kilowatt hour, so a 10 megawatt per hour battery requires 60 to 80 tonnes of vanadium. With a geographical concentration of vanadium producers in South Africa, Russia and China...Read More

BCE Inc. Q4 Earnings Beats, Boosts Its Dividend

February 12, 2018 / Staff reporter

Dividend announcement is BCE Inc.'s (TSX:BCE) 14th increase to its annual common share dividend since Q4 2008, signifying rise of 107%SmallCapPower | February 12, 2018: BCE Inc. (TSX:BCE) recently reported 4.6% YoY growth in operating revenue to $22.72 billion for FY2017, driven primarily by strong additions to its postpaid subscriber base, particularly in the fourth quarter, which saw the best s...Read More

Mining for Miracles: Fundraising Campaign for BC Children's Hospital Foundation

12/2/2018 / Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US

Mining for Miracles is the BC mining community's longstanding fundraising campaign in support of the BC Children's Hospital Foundation. Every year volunteers from the mining community work together through Mining for Miracles to help improve the quality of health care for children in British Columbia. Through its support of the construction of facilities and acquisition of specialized medical equi...Read More

Groundhog Week

February 12, 2018 / Staff reporter

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Groundhog WeekSource: Michael J. Ballanger for Streetwise Reports February 12, 2018 (Investorideas.com Newswire) The physical metals will continue to outperform mining shares until there is some stabilization in the global arena, posits precious metals expe...Read More

Bold Ventures (TSXV: BOL) Acquires Lithium Claims

February 12, 2018 / Toronto, Ontario

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Bold Ventures (TSXV: BOL) Acquires Lithium Claims Toronto, Ontario - February 12, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Bold Ventures Inc. (TSXV: BOL) ("Bold" or the "Company") announces the acquisition of two separate claim groups located with...Read More

This may be the beginning of the Great Financial Reckoning

February 12, 2018 / Simon Black

Via Soveriegnman.comLess than two weeks ago, the United States Department of Treasury very quietly released its own internal projections for the federal government's budget deficits over the next several years.And the numbers are pretty gruesome.In order to plug the gaps from its soaring deficits, the Treasury Department expects to borrow nearly $1 trillion this fiscal year.Then nearly $1.1 trilli...Read More

Why Americans Trust CEOs More Than Politicians

February 12, 2018 / Joe Jarvis

Just 15% of Americans think the government will bring us to a better future. 59% say the government is the most broken institution, followed by 21% who think the media is the worst.On the other hand, 29% of Americans think NGOs (non-governmental organizations) are the most likely institutions to lead to a better world followed by 22% who say businesses will take us where we need to be.Trust in gov...Read More

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