It was a busy week for Canada's Great Panther (TSX: GPR). The Vancouver-based miner not only completed the buyout of Beadell Resources but it also changed its name to Great Panther Mining Limited.To be able to go ahead with these transactions, Great Panther acquired 100% of the issued and outstanding shares of Beadell through the issuance of 103,593,043 Great Panther shares to Beadell shareholders...Read More
Crystal Lake Mining's (TSXV: CLM; US-OTC: SIOCF) maiden drill program has uncovered a new copper discovery consisting of more than 20 mineralized zones at its 430 sq. km Newmont Lake project northwest of Eskay Creek in B.C.'s Golden Triangle.Last fall the company drilled 550 metres across four reverse circulation holes at the project's Burgundy Ridge target, hitting copper, gold and silver mineral...Read More
Etruscus Resources (CSE: ETR) and the Tahltan Central Government (TCG) signed this week a Communications Agreement regarding the Rock & Roll property, which is located in British Columbia's Golden Triangle and within Tahltan territory.The 5,309-hectare property, which has been explored since the late 1800s, is 100% owned by Etruscus. A 2018 NI 43-101 compliant inferred resource estimates the resou...Read More
Goldcorp, (TSX: G, NYSE: GG) Yamana Gold, (TSX:YRI; NYSE: AUY) and Glencore (LSE:GLEN; JSE:GLN) signed an integration agreement this week that stipulates the Agua Rica copper-gold project in Argentina will be developed and operated using the existing infrastructure and facilities at the Alumbrera mine."The integration of the Agua Rica project and the Alumbrera mine has significant merit given the...Read More
Global trader and miner Glencore has struck a deal with its Canadian subsidiary Noranda Income Fund on the terms of zinc treatment charges for the coming year, but did not disclose the fees, the fund said on Friday.Noranda, whose operations include a zinc processing facility in Quebec, last year agreed to buy zinc concentrate from Glencore and sell refined metal back to the miner under a four-year...Read More
South Africa's Petra Diamonds (LON:PDL) has found a 100.83 carat gem-quality diamond at its iconic Cullinan mine in South Africa.The D-colour, Type II diamond follows the recent recovery of a 6.12 carat Type II blue stone, also at Cullinan.The company has piled up debt after building a new plant and digging deeper at its flagship Cullinan diamond mine."The recoveries demonstrate the prevalence of...Read More
The Indonesian government issued one-year export recommendations for copper concentrate to miners PT Freeport Indonesia and PT Amman Mineral Nusa Tenggara, officials from the Ministry of Energy and Mineral Resources said on Friday.Freeport was given an allowance of 198,282 wet tonnes of copper concentrate, while Amman was given 336,100 wet tonnes, said Yunus Saifulhak, director of minerals at the...Read More
After hitting a multi-year high in 2017 of $4.40, shares of Northern Dynasty Minerals Ltd (TSX:NDM) are back to a $400 million market cap, resulting in a share price of just $1.20. Despite the volatility, however, there are many similarities between Northern Dynasty and its $10 billion peer, First Quantum Minerals Limited (TSX:FM).Over the years, First Quantum has been a constant subject of bankr...Read More
Haven gold climbed by 1% on Friday to notch a slight gain for the week, boosted by losses in global stock markets on the heels of weak Chinese export and U.S. jobs data. April gold GCJ9, +0.97% added $13.20, or 1%, to settle at $1,299.30 an ounce after briefly trading as high as $1,301.30. After a back-and-forth week, including the lowest settlement on Tuesday since late January, prices for the mo...Read More
Since Bob Hoye from Chartsandmarkets.com issued a sequential sell signal to listeners of his evening February 22nd broadcast, the S&P 500 has fallen 1.9%. In this week's broadcast he characterizes the late December sell-off as having "changed a lot of the magic in the markets", but suggests it is still not known whether the recent decline of the past two weeks will head to new lows. Hoye: A risi...Read More
We have been digging through the latest IIROC bi-weekly short report looking for nuggets of opportunity. By assessing the combination of short positioning and insider commitment in stocks, we are typically able to spot some bullish or bearish signals.Click for largerIn the latest IIROC report which covers the period between February 16th to 28th, Barrick Gold (Mostly Sunny; ABX) caught our attent...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
David Stockman appears on "Out Front" (CNN, March 8, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The...Read More
While it seems to fly in the face of everything we believe and have been taught about nuclear power, it may actually be the safest form of power production that we have. Ironically, the immense potency of the power of splitting an atom is simultaneously what makes nuclear weapons so dangerous as well as what makes nuclear power so safe. Despite high-profile nuclear disasters like Chernobyl in Ukra...Read More
Gold is no longer the most valuable precious metal! Palladium dethroned it! We invite you, thus, to read our today’s article about that metal and find out what is the fundamental outlook for the palladium market. We have a new record! Please take a look at the chart below, which displays the palladium prices since the beginning of the year. As one can see, the price of palladium soared in th...Read More
Would you believe that March and April, historically, shows a 2 to 1 statistical probability of NG moving higher. Each of these months shows, historically, that NG has a strong potential for at least a $1.00 upside price move in both March and April. Only 1/3 of the historically testing time (23 years) did the price of NG actually decrease.How do we know this? We’ve built p...Read More
Haven gold climbed by 1% on Friday to notch a slight gain for the week, boosted by losses in global stock markets on the heels of weak Chinese export and U.S. jobs data. April gold GCJ9, +0.97% added $13.20, or 1%, to settle at $1,299.30 an ounce after briefly trading as high as $1,301.30. After a back-and-forth week, including the lowest settlement on Tuesday since late January, prices for the mo...Read More
Every year, an estimated 30 million people in the U.S. are victims of fraud. However, only a fraction realize it and report it to the authorities. The Better Business Bureau Scam Tracker shows over 142,000 scams were reported last year in the U.S. - ranging from healthcare and Medicare scams to counterfeit products and online purchases.The victims falling prey to these scams are not just the elder...Read More
social credit system prevented people from buying 17.5 million flights and 5.5 million train tickets in 2018 Read full newsRead More
"Yamana Gold, Glencore and Goldcorp Enter Into an Agreement for the Integration of Agua Rica and Alumbrera https://t.co/JLVcpUr9jw"Read full newsRead More