Goldcorp shareholders approved Newmont Mining Corp's $10 billion takeover offer on Thursday, removing one of the last remaining hurdles to create the world's largest gold producer.While some Goldcorp shareholders had voiced concerns in recent weeks, in the end there was little push back against blessing the biggest-ever corporate takeover in the gold sector's history, according to Refinitiv data.T...Read More
Illinois-based Philippi-Hagenbuch announced this week the launching of a new version of its Autogate Tailgate specifically designed for off-highway trucks and roll-off containers that require a 100% positive seal.In a press release, the truck customization company said that the new machine can be paired with its fluidic seal material to create a water-tight seal that contains liquid materials with...Read More
The outlook has improved for Pretium Resources, (TSE: PVG). The miner's shares climbed nearly 9% Thursday, after announcing "robust economics" and plans to ramp-up production, exploration, and resource numbers at its Brucejack gold-silver mine in British Columbia.The Brucejack mine is increasing throughput to 3,800 tonnes per day, up from 2,700 tonnes per day over the course of the year - a 4...Read More
For all the concerns expressed recently that there isn’t enough cash being injected into junior mining stocks, when it comes to the really interesting ones it can be hard to persuade them to take your money. This position was laid bare by Auryn Resources executive chairman Ivan Bebek, in an interview in which he discussed the company’s recent fundraising. Auryn (TSX:AUG) first...Read More
While a casual glance at lists of stocks trading at 52-week lows usually comes up with at least a few metal and mining stocks, this one industry seems to dominate today's list of low-flying tickers, with a slew of miners trading at year-long lows. The following TSX index stocks represent some of the bigger cap miners with moderate to strong sell signals.Two big-name precious metals stocks are goin...Read More
Between 1973 and 2008, just prior to the U.S. housing crisis, the price of a barrel of crude oil rose from under US$3 to over US$160, marking a gain of 5,200%Yet science continues to show us that the consumption of fossil fuels is doing irreparable damage to our ecosystems and the environment, and with billions of dollars being directed at clean energy technologies, some experts are forecasting th...Read More
Private capital tracker Preqin says in an report, that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.Fundraising by unlisted funds for investment in natural resources - oil and gas, timberland, farmland, water and mines - set a fresh record in 2018, totalling $93 billion, and is likely to top $100 billion as more data become...Read More
Two years ago - nearly to the day - I wrote to you about how to create your own marijuana exchange-traded fund (ETF).Heeding that advice would've netted you thousands of percent by now.At the time, there were no weed ETFs that focused on the recreational side of the market in Canada or the U.S. It was illegal in either country.Undeterred, we offered you a list of stocks poised to deliver rapid pro...Read More
Publisher's Note: An earlier version of this article implied that the Union of Concern Scientists supports the Nuclear Energy Leadership Act. It does not and we are sorry for the error.What could Bill Gates, many environmentalists, and President Trump all agree on?What kind of legislation could nine Republican senators and six Democratic senators all introduce together?In short, one of the most im...Read More
First Quantum Minerals (TSX: FM) has exited an earn-in agreement with Japan Gold (TSXV: JG; US-OTC: JGLDF) after completing an initial surface evaluation on its Eboshi, Kobui, Minamikayabe and Kamitsue lithocap projects in Japan.After completing mapping and soil and rock sampling, First Quantum decided the four projects did not meet its criteria. Japan Gold says it believes that three of the pr...Read More
The Investor Mining & Tailings Safety Initiative has requested that over 600 resource companies, including major miners, reveal the safety records of their waste storage facilities, following the collapse of Vale's Brumadinho dam in Brazil in January, which killed hundreds.Following the disaster, a group of 96 institutional investors (representing more than $10.3 trillion assets under managemen...Read More
Researchers from the University of British Columbia published the first scientific study of cobalt-blue spinel in Canada, a mineral that produces fine gemstones that range from red and pink to violet and blue.Spinel in dolomitic marble. Soper River spinel occurrence, Kimmirut area. Photo by Philippe BelleyPhilippe Belley, a recent PhD graduate of the department of earth, ocean and atmospheric scie...Read More
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) reported a jump in resource tonnes and ounces exclusive of reserves at its Lindero gold project in Argentina and estimates the project will produce between 145,000 and 160,000 ounces of gold in its first year of commercial production.The company reported measured and indicated resources for Lindero of 18.9 million tonnes (a 51% increase over earlier esti...Read More
The Friday Market Minute Global stocks edge higher as investors cheer progress in U.S.-China trade talks and prep for a key reading on job creation in the world's biggest economy.President Donald Trump suggests a near-term deal with Beijing in imminent, but als warns it will be "very tough to trade with China" is an agreement isn't made after meeting with Vice Premier Liu He yesterday in Wa...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Copper's three-month price on the London Metal Exchange depreciated at the close of trading on Friday April 5, falling by just under 2% over the week and dipping below $6,400 per tonne during the afternoon session amid low volumes and a surging US dollar index. Similarly, Thursday's delivery of more than 30,000 tonnes into LME-listed warehouses across Europe and Asia helped boost copper's dwindlin...Read More
The price of copper in the United States was in negative territory in morning trading on Friday April 5 because of reservations about the China-US trade talks.The copper price for May settlement on the Comex division of the New York Mercantile Exchange inched down by 0.30 cents per lb to $2.9070 per lb.Talk of a trade deal had boosted sentiment across the commodities markets, including among the b...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Someone might argue that it's Powell's job to reinflate the stock market, but Trump did everything to humiliate Powell in a very publicly visible fashion to shame Powell into reinflating the biggest bubble of all time:Read More
Bob Moriarty ArchivesApr 5, 2019Anaconda seems to release a barn burning set of drill results about once a month. They get ignored every other day. Go figure. . . Latest results came out on April 4, 2019showing 42.85 g/t gold over 3.8 meters and another intercept of 9.83 g/t gold over 3.5 meters.From a technical point of view, assays such as that are called BFD results. One day down the road some...Read More