A key technical pattern warns of a reversal It probably won't be a surprise to you that Elliott Wave International is an advocate of technical analysis. After all, the Elliott wave method is a form of technical analysis.You probably know that the term "technical analysis" refers to analyzing the behavior of financial markets themselves -- generally by studying charts -- as opposed to "fundamental"...Read More
By Stefan Gleason, Last year was one of the worst on record for a conventional stock and bond portfolio. The major stock and bond market indexes both fell by double digits.Investors who were diversified into physical precious metals fared much better. While it wasn't a banner year for gold and silver markets, they eked out slight gains – which translated into a massive outperformance versus...Read More
Mining companies continue to embrace digital technology to improve productivity and safety, and to make the most of insights made possible by big data and increasingly connected equipment and operations. But in the wake of at least two high-profile incidents involving the mining industry in recent months, experts agree that mining companies are not well prepared to deal with escalating and evolvin...Read More
The Northern Miner recently sat down with BHP Xplor's VP Sonia Scarselli to discuss the recent announcement of the accelerator program's first cohort of companies.The seven companies selected will receive funding and support under the BHP Xplor program, which is designed to help provide participants with the opportunity to accelerate their growth and the potential to establish a long-term partners...Read More
The geophysical community lost a giant on Dec. 22, 2022, when Norm Paterson passed away, a month short of his 97th birthday. Paterson's remarkable career spanned a range of techniques and a number of companies that built strong legacies, with contributions to the full exploration cycle from instrument development to interpretation. He touched and influenced a number of prominent geophysicists alon...Read More
Snowline Gold's CEO Scott Berdahl discusses the company's near-surface Valley gold discovery in the Yukon, which has returned unusually high grades compared to similar bulk-tonnage deposits. Berdahl spoke with Northern Miner staff reporter Henry Lazenby at the Vancouver Resource Investment Conference (VRIC) in January.Read More
Keivan Hirji, with Newmont's Sustainability and External Relations Team for North America discusses how the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) informs the company's work with communities and helps it de-risk projects. Hirji spoke with Northern Miner staff reporter Henry Lazenby at VRIC in January.Read More
Kai Hoffman, Founder and Managing Director of Soar Financial Partners shares his assessment of the Oreninc Index showing financing levels are at their highest in a long time, and that market trends for battery metals are particularly strong. Hoffman spoke with Northern Miner staff reporter Henry Lazenby at VRIC in January.Read More
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) increased its open-pit indicated and inferred mineral resources at its Colomac project in the Northwest Territories by more than a third while also improving overall grade.The project 200 km north of Yellowknife has an open-pit indicated resource of 59.8 million tonnes grading 1.5 grams gold per tonne for 2.8 million oz. of contained metal versus 2 millio...Read More
Panama's government said negotiations with First Quantum Minerals (TSX: FM) about agreeing on a contract for the company's Cobre Panama copper complex have shown signs of progress this week.Comments from Minister of Commerce and Industry Federico Alfaro, reported by BNamericas, are the latest development in a long-drawn-out dispute over control of one of the world's largest new copper mines."We ha...Read More
Torex Gold (TSX: TXG) plans to invest between US$390 million and US$440 million in its flagship Media Luna gold project in Mexico this year to speed up development, with commercial production anticipated in late 2024.Delivering a first quarter update, the Canadian miner noted that total upfront expenditures tied to Media Luna were unchanged at US$874.5 million.President and chief executive offi...Read More
Andy Randell, founder of Aeonian Resources, describes the private company's early stage Koocanusa sedimentary copper project in southeastern British Columbia. Randell spoke with Northern Miner staff reporter Henry Lazenby at the AME BC Roundup in January. Read More
Cameco (TSX: CCO; NYSE: CCJ) has swung into profit after uranium prices rose when the war in Ukraine sidelined Russian supplies and as the push to reduce greenhouse gases accelerated. The Saskatoon-based company on Thursday reported net profit of $89 million last year versus a loss of $103 million in 2021. Revenue rose to $1.9 billion in 2022 from $1.5 billion the year before. Cameco, the le...Read More
Nickel and cobalt producer Sherritt International (TSX: S) has reported strong financial results for 2022, as higher prices offset lower cobalt output.The Toronto-headquartered company reported overnight Thursday full-year net earnings from continuing operations of $63.7 million, compared with a net loss from continuing operations of $13.4 million in 2021.The headline adjusted net earnings from co...Read More
Frontier Lithium (TSXV: FL; US-OTC: LITOF) shares rose more than 12% on Thursday following the release of additional drill results from the Spark pegmatite showing its connection to the NW zone at depth at the PAK lithium project in northwestern Ontario. Highlights include DDH PL-094-22, which cut 125.9 metres of pegmatite averaging 1.51% lithium oxide (Li2O), the company said in a news release o...Read More
At the third time of asking, gold seems set to break decisively through the psychologically important barrier of US$2,000 ($2,686) per ounce. More importantly, the precious metal has matched an inflation-adjusted 550-year high when measured in sterling.Gold recently achieved an all-time nominal high of ?1,593 ($2,600) per ounce in the U.K. but, in real terms, we've been here once before, in 1470....Read More
Commodities trader Trafigura Group will take an almost half a billion dollars charge in first half of 2023, after discovering that some nickel cargoes it bought didn't contain the metal they were supposed to.The Geneva-based company said the "systematic fraud" was committed by a group of companies connected to and controlled by Indian businessman Prateek Gupta, including TMT Metals and companies...Read More
The following slide deck was published by Shiseido Company, Limited in conjunction with their 2022 Q4 earnings call.Read full newsRead More
Shiseido Company, Limited (OTCPK:SSDOY) Q4 2022 Earnings Conference Call February 10, 2023 1:00 AM ETCompany ParticipantsTakayuki Yokota - CFOMasahiko Uotani - Chairman and CEOKentaro...Read full newsRead More
Direct ownership of rental properties is often billed as great passive income and an easy path to wealth. Click here for our two REIT income picks.Read full newsRead More