Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced this week that it has acquired 12,500,000 common shares of Sun Metals (TSX.V: SUNM) a Vancouver-based mineral exploration company.The shares were acquired for an aggregate purchase price of $3.5m, and were acquired privately on Dec. 20, 2018 pursuant to a donation arrangement. As a result, Teck holds approximately 13.8%...Read More
Weary investors who endured the September and October stock market "crash season" felt they should be richly rewarded for their incredible patience... with a wondrous Santa Claus rallyPlease click here now. The traditional Santa Claus rally has morphed into a hideous Santa Claws mauling of millions of US stock market price chasers. It's a gruesome sight. The good news, clearly, is that my p...Read More
As we come towards the end of 2018, followers of gold stocks such as Barrick Gold (TSX:ABX)(NYSE:ABX) will no doubt be wondering whether precious metals prices will continue their slow ascension into next year and whether the largest miner in the world remains a solid investment option, or if a defensive stock investment would be preferable at this juncture.Let's talk a bit about Barrick and the p...Read More
It has been over 10 years since the global financial crisis - the worst recession since the Great Depression. The crisis was triggered by a U.S. housing market collapse that turned into a rout and spread like wildfire through a series of major financial institutions, because of the widespread ownership of collateralized mortgage backed debt securities.The calamity brought the U.S. financial system...Read More
Vancouver-based juniors Defiance Silver Corp. (TSXV: DEF) and ValOro Resources Inc. (TSXV: VRO) stocks soared today, following yesterday's friendly merger announcement.The merger will be completed effective 11:59 pm on Monday, Dec. 31, 2018 and will create an advanced portfolio of Mexico-based silver and gold projects, the companies said in a joint release.The combined company will continue under...Read More
(This article first appeared in April) Barrick Gold founder Peter Munk addresses shareholders at the 2010 annual general meeting.?EUR,Credit: Barrick Gold.It's an extraordinary story about an extraordinary man who became one of the most legendary entrepreneurs in Canadian history.But at its core it is also a love story. It's a tale about Peter Munk's life-long romance with Canada - the country th...Read More
Weary investors who endured the September and October stock market "crash season" felt they should be richly rewarded for their incredible patience... with a wondrous Santa Claus rallyPlease click here now. The traditional Santa Claus rally has morphed into a hideous Santa Claws mauling of millions of US stock market price chasers. It's a gruesome sight. The good news, clearly, is that my p...Read More
Base metals prices on the London Metal Exchange were mixed at the close of trading on Friday December 28, with most of the complex trading in narrow ranges while both lead and tin futures climbed more than 1% over the afternoon.Lead's three-month price was the best performer over the afternoon, climbing 1.5% and trading at its highest level since October 17. By contrast, zinc's three-month pr...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Glencore-owned Access World has delisted eight of its LME-registered warehouses this week, according to a notice to members on Friday December 28, continuing its move beyond LME storage amid its company-wide diversification strategy. Access World delisted four of its warehouses in Chicago yesterday, leaving just one remaining in the region, and has since delisted two sheds in Singapore and two mor...Read More
Adam HamiltonArchivesDec 28, 2018 Stock markets are forever cyclical, an endless series of alternating bulls and bears. And after one of the greatest bulls in US history, odds are a young bear is now gathering steam. It is being fueled by record Fed tightening, bubble valuations, trade wars, and mounting political turmoil. Bears are dangerous events driving catastrophic losses for buy-and-hold inv...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Fred Imbert | Eustance HuangPublished6:57PM ET Thu, 27 Dec 2018Updated4 Hours AgoCNBC.com show chapters Markets continue to roller-coaster — Here's where five experts see it going 6 Hours Ago |04:07 The Dow Jones Industrial Average closed slightly lower on Friday as Wall Street concluded a roller-coaster week.The 30-stock index ended the day down 76.42 points at 23,0...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce that it has completed a non-brokered private placement (the "Private Placement") consisting of the issuance of 20,032,666 units of the Company ("Units") at a price of $0.075 per Unit, for aggregate gross proceeds to the Company of $1.5 Million, as announced by the Company on December...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to report the financial and operating results for its second quarter ended October 31, 2018.Second quarter financial highlights (unaudited): Revenue of $465,959, a 7% increase over Q2 October 31, 2017. Compared to six month revenue of $1,434,742 for the period ended October 31, 2018 a 51% increase ov...Read More
The Chinese Smelters Purchase Team (CSPT) is to raise its treatment and refining charges (TC/RCs) purchase price for the first quarter of 2019 to $92 per tonne and 9.2 cents per lb, sources with direct knowledge of the matter told Fastmarkets MB. This represents an $2 rise on the fourth quarter rate of this year and was set by CSPT in Shanghai on Thursday December 27."Demand is expected to be...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") announces that it has granted, subject to regulatory approval, 1,250,000 incentive stock options to certain directors, officers and employees of the Company (the "Options"). In addition to the Options, the Company has also granted Kin Communications Inc., subject to regulatory approval, 50,000 stock option...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to provide an update on the Company's progress of 2018 initiatives and provide insight for 2019.Marc Seelenfreund, CEO and Chairman of Siyata Mobile, commented, "We started 2018 with specific targets in mind. Despite the lengthy process that comes with cellular device launches with Tier 1...Read More
Vancouver, BC - Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces that it has entered into a 5-year, unsecured loan for US$500,000 with Taiga Mining Company, Inc. ("Taiga"). The Company entered into a loan agreement with Taiga on December 26, 2018 to borrow US$500,000.The loan is unsecured with a term of five years. Interest is calculated on a...Read More
CloseGain/LossOn WeekGold $1280.00+$5.10+1.95%Silver$15.37+$0.14+5.13%XAU69.68-1.56%+1.47%HUI158.15-1.93%+1.07%GDM579.60-1.28%+1.55%JSE Gold1367.91+0.51+3.88%USD96.38-0.15-0.67%Euro114.47+0.09+0.74%Yen90.84+0.69+0.91%Oil$45.33+$0.72-0.57%10-Year2.719%-0.058-2.30%Bond145.78125+0.25+0.67%Dow23062.40-0.33%+2.75%Nasdaq6584.52+0.08%+3.97%S&P2485.74-0.12%+2.86% The Metals: Gold gained $7.10 to $...Read More