Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Sustained investment in people a big plus for consultancySPONSOREDbyrnecutMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsMOD's shares were down 17.65% Monday to A28c (US20c).The fall came despite the company, which has teamed up with Metal...Read More
Look beyond market approach to project valuations: van ZylLeadershipSustained investment in people a big plus for consultancySPONSOREDbyrnecutMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumAs an agent for purchasers, PearTree would subscribe for up to 12.5 million flow-through shares at 41.3c, Sun Metals sa...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedUnder the agreement, South32 will provide US$1 million funding for generative work and acquisitions per year over two years.Generative work will focus on copper and other base metal projects within the Laramide and Tertiary magmatic arcs of Arizona, New Mexico and Utah.PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x lim...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe country's copper imports fell for the first time this year, down 3% on the year, Bloomberg reported.China's iron ore imports fell for a second month in November, Reuters reported, pulled down by waning restocking demand at steel mills as profit margins narrow.PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedBl...Read More
Base metals continue to face headwinds from the ongoing trade dispute between the United States and China, but also from tension over the arrest of Huawei's chief financial officer, Brexit, social unrest in France and stuttering equity markets. Three-month base metals prices on the London Metal Exchange were down across the board on Monday December 10, with average losses of 0.5%, ranged between 0...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. Index futures moved lower overnight on news that China has summoned the U.S. Ambassador to protest detention of Huawei's Chief Financial Officer, but recovered before North American equity markets opened. Conoco Phillips (COP $65.91) is expected to open higher after the company announced...Read More
John Bogle, an entrepreneur, true capitalist and the founder of one of the world's largest mutual fund companies, wrote in his book The Battle for the Soul of Capitalism concerns about the retirement system as a whole.We're in a crisis. But luckily, there's a solution for those smart enough to listen.He takes aim at CEOs of investment firms and believes retirement is going to be the next big finan...Read More
Once again we bear grim news...Millions of Americans may have to delay retirement for years - if not permanently.Like a squirrel that hasn't saved against approaching winter... 80% of American workers have under one year's salary salted away for retirement.This we learn from a recent report issuing from the National Institute on Retirement Security.We are further informed that over 100 million wor...Read More
We begin today where we ended yesterday - confused - and dizzied.Down some 400 points from yesterday's start, the Dow Jones sank nearly 800 points by afternoon.The stock market had been routed by renewed gunfire in the trade war.Upon American "request," Canadian police arrested the CFO of China's largest telecommunications company at Vancouver airport.Chinese officials denounced the arrest in thun...Read More
When I first wrote my best-selling book, An American Hedge Fund, several "financial experts" told me straight up that I was crazy.They didn't think average retail investors and traders would understand my niche strategy that, I'll admit, was definitely not "buy and hold."That is the mainstream's main investment strategy, a strategy that at best earns them 10% a year, maybe 20% in a truly exception...Read More
Closed yesterday to sob for Bush, Wall Street reopened for business today.It should have stayed closed.The stock market resumed precisely where it left off Tuesday... when the Dow Jones plunged 799 miserable points.It opened today down another 400 or so - and kept going.Only a miraculous late rally reversed the 780-point spiral... and the index closed just 77 points in red.Both the S&P and Nas...Read More
Longitudinal section of the Goldboro deposit looking north. (Image: Anaconda Mining)NOVA SCOTIA - Anaconda Mining of Toronto has filed an updated 43-101 report for the resources at its Goldboro gold project 175 km northeast of Halifax. The deposit is now thought to contain 3.8 million measured and indicated tonnes grading 4.96 g/t gold and containing 602,700 oz. The inferred estimate is 2.1 millio...Read More
Never afraid to back his own judgement, or take risks leaders of other mining companies might avoid, Glasenberg looks like a man who needs to make changes to the way he operates.&...Read More
A pair of lightweight chainsaw chaps for forest firefighters took the top prize at the Fall 2018 Cornerstone Design Final Competition on Dec. 5. A total of 26 student teams from Introduction to Design (EDNS 151) exhibited their projects at the final competition, representing the top team from each class section.Blaster Disaster Rescue Crew won first place and $1,000 for their innovative personal...Read More
A group of Colorado School of Mines students has partnered with the Chad William Young Foundation to develop an algorithm that could help cyclists avoid accidents like the one that took Young's life in 2017. Members of the Capstone Design team - Canaan Forslund, Thomas Staver, Hunter Nelson and James Frazar - were recently interviewed on 9News Denver about their project. Watch the full segment be...Read More
Less than two weeks after being appointed executive chairman and CEO of Sandy Lake Gold (TSXV: SLAU), Patrick Sheridan has steered the Red Lake-focused junior towards several strategic acquisitions in Guyana.Sheridan has been credited with the discovery, financing and development of the Aurora gold mine in a remote part of Guyana's rain forest, about 170 km southwest of the capital of Georgetown....Read More
Alacer Gold (TSX: ASR; US-OTC: ALIAF) has tabled a maiden resource for its Ardich gold deposit, located 6 km northeast of its 80%-owned Copler gold mine in east-central Turkey. The current resource is within areas 80% owned by Alacer.Ardich contains 6.92 million measured and indicated tonnes grading 1.32 grams gold for 294,000 oz. gold. It also contains 2.2 million inferred tonnes at 1.2 grams gol...Read More
Over the last 15 years, Newcrest Mining (ASX: NCM) has discovered gold deposits in Australia, Papua New Guinea and Indonesia, and continues to explore and evaluate prospects in those countries, as well as in many others including Fiji, North America, Mexico, Cote d'Ivoire, Chile, Argentina and Ecuador.This week it signed an option agreement in Chile to earn up to a 75% interest in Cornerstone Capi...Read More
VANCOUVER - The Association for Mineral Exploration has announced the winners of its 2018 celebration of excellence award winners. They will be recognized for their significant efforts and contribution to the mining industry. The awards will be handed out on Jan. 30, 2019, during the awards gala at the Roundup.Here is a list of the winners:Al McOnie, Seymour Iles and Jared Chipman of Alexco Resour...Read More
TORONTO - PwC Canada has taken its annual look at market capitalization for 100 junior miners and found a 6% increase to $12.9 billion for the 12-month period ending June 30, 2018, compared to a year earlier. Looking at 987 companies in the broader mining sector, PwC saw their collective value increase by 5% to $21.1 billion this year.The gains made by the mining sector are the strongest since 201...Read More