SAO PAULO - An underground blast in a gold mine in the Brazilian state of Bahia on Friday killed two workers, Canadian company Leagold Mining Corp said.Leagold investor relations vice-president Meghan Brown said few further details were available, and that the company had started an investigation.Local media in Brazil said three other workers were injured, but not seriously and had been release...Read More
Canada's Portofino Resources (TSXV: POR) (FSE: POT) executed an amended agreement this week with a private Argentine concession to acquire a 100% interest in the Yergo lithium project in the northwestern Catamarca province.The red dots indicate Portofino's lithium projects in Argentina.In a press release, Portofino said the 2,932-hectare project encompasses a full salar and is located approximatel...Read More
The Peruvian government will likely grant Southern Copper Corp a construction license for its $1.4 billion Tia Maria project before its environmental permit expires in August, the energy and mines minister told Reuters on Thursday.Southern Copper has spent years waiting for the construction license, a final green light for Tia Maria that consecutive governments have declined to give amid fears it...Read More
KIEV Ukraine's steel production totalled 3.53 million tonnes in the first two months of this year, around 0.6 percent lower than a year ago, steelmakers' union Ukrmetallurgprom said. Steel is one of Ukraine's biggest exports. Data from the union showed pig iron output fell by 7% to 3.36 million tonnes in January-February, while rolled steel production dropped by 0.4% to 3.09 million tonnes.(Re...Read More
Let's take a look at four stocks on the TSX index that are currently trading below their per-asset valuation. The following stocks come from the tech and mining industries, with a high-profile REIT thrown in for good measure. With P/B ratios below one, are they underperforming or just good value? A quick sift through their stats should give us a few clues.Maxar Technologies (TSX:MAXR)(NYSE:MAXR)A...Read More
Retail, autos, gold, and renewable energy make an interesting blend of consumer cyclical and recession-ready industries, and a group of representative stocks would add ready diversification to a dividend portfolio. But are they beyond the ordinary scope of defensive TSX index investors? Below we will take a look through the vital stats for a few tickers that represent this handful of sectors in or...Read More
Listen to former Attorney General of Canada Jody Wilson-Raybould detail attempts by Justin Trudeau and others to get her to secure a deferred prosecution agreement with SNC Lavalin (SNC). Watch the explosive testimony below.Watch Canada's former Attorney General drop bombshell-after-bombshell You can also download an audio MP3 version below. Your browser does not support the audio element. Down...Read More
Jeff Berwick understands trends. He was on the Bitcoin band wagon when it was $3 and was a seller at $19000+. Now he believes that it's gone full cycle and will be going even higher than before. The time to buy something is when it's beaten up and down. Perhaps he'll be right again. Certainly debt keeps piling up and there's no solution in site, so it could well be cryptos to the rescue.Jeff Berwi...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
We were pleased to have Dr. Wil Reilly on the show, an African-American professor of political science at Kentucky State University and has done extensive research on how the left is selling a fake race war. We discussed the breaking news that the Jussie Smollet case is yet another hoax the left-along with their allies in the mainstream media-have concocted to sell a false narrative painting Trum...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
Jason talks about how much CNBC (CNBS) is spinning financial news and information along with economic data to make almost any piece of news or information, even if it's really bearish, appear bullish!Jason also calls out Jim Cramer for being a highly paid clown to pump stocks on his show Mad Money and also apparently now with paid promotional Tweets!1) Cramer Admits on Video to Market Manipulation...Read More
The Jimmy Dore Show is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. With over 5 million downloads on iTunes, the show is also broadcast on KPFK stations throughout the country. It is part of the Young Turks Network- the largest online news show in the world.Read More
For years now we've been covering the false promise of the American shale oil "miracle".Yes, it has extracted a lot more oil out of American soil that most thought possible. But at an economic loss. And at great environmental cost.If the shale drilling companies can't make any profit, either when oil prices are high or low - why are we still pursuing shale deposits so aggressively?To shed further...Read More
It's hard to believe, but the year 2019 is already about 15% in the books. So, with two months behind Continue...Read More
The tests were done on mineralization from an explorer's silver-lead-zinc project in historical Mexican mining district. Goldplay Exploration Ltd. (GPLY:TSX.V; GLYXF:OTCQB) showed via metallurgical testing that the high-grade silver mineralization at San Marcial is suited for standard CCD-Merrill Crowe cyanide processing and that recoveries ranged from 82-92% silver, it announced in a news releas...Read More
The new target is located in this gold company's Eastside claim block. Allegiant Project MapAllegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) announced in a news release it completed drilling at Monitor Hills and began drilling at Adularia Hill, both projects in Nevada. The latter is the fifth of sixth targets to be explored in this current exploration campaign.Regarding Monitor Hills, assays for th...Read More
Crude oil made yesterday another hesitant move higher. Also yesterday, wementioned here the saying regarding gravity. Sometimes, it takes patience forthe underlying forces to win out. Or, doesn't the oil market rather remind youmore of a coiled spring actually? Accordingly, what is the position favoredmost by the odds right now? Let’s takea closer look at the charts below (charts courtesyof...Read More
The gold miners’ stockshave been climbing higher on balance, enjoying a solid upleg that is gatheringsteam. That’s fueling improvingsentiment, driving more interest in this small contrarian sector. This gold-stock upleg is likely to grow incoming months, partially because of very-favorable spring seasonals. The gold stocks’ second-strongest seasonalrally of the...Read More
Our recent UGAZ trade returned over 30% in profits in just a few days for our members. We believe this continued price rotation below $3 will also setup new trading opportunities for skilled traders. Traders just need to be patient and understand when the opportunity exists in NG for an upside price swing.The $2.50~2.60 price level has continued to drive historical support in price for...Read More