John Thornton, Barrick Gold's (TSX: ABX; NYSE: GOLD) executive chairman, has sold half his stake in the company "due to personal portfolio considerations."Thornton sold 2.63 million shares following the publication of the company's 2019 annual results. The gold major noted that he sold the shares that he had bought using his personal funds and the shares were not subject to holding restrictions.Th...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe ESG bar has just been raised... Who will get over it?SPONSOREDstrategia worldwideAmong ASX-listed resources companies, stocks with rising prices outpaced the number with falling pri...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe ESG bar has just been raised... Who will get over it?SPONSOREDstrategia worldwideA dilemma, artificial intelligence and robots unleashed are among the themes identified in Accenture...Read More
Sorry, Bill. Seems like you have a lot of good ideas, but we don't live in the world from the Jetsons.Read full newsRead More
We've lost 46 jobs for every confirmed case of COVID-19 in the US...Read full newsRead More
China has increased U.S. crude purchases with some buyers snapping up cargoes at the widest discounts ever as sellers seek to offload excess supplies in Asia, six trade sources said on Wednesday.Read full newsRead More
March 31, 2020 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / March 31, 2020 / First Mining Gold Corp. (Read full newsRead More
March 31, 2020 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / March 31, 2020 / First Mining Gold Corp. (Read full newsRead More
Mark Twain said that history does not repeat itself, but it rhymes. It's certainly true in both life and financial markets. Let's explore how the receRead full newsRead More
Capital 10X interviews 1933 Industries (CSE: TGIF) CEO Chris Rebentisch to dig deeper into the company's Q2 financial results and see how they are adapting t...Read full newsRead More
U.S. Treasury yields bounced off their lows on Thursday as a surge in oil prices spurred by hopes of coordinated production cuts between Saudi Arabia and Russia helped to lift inflation expectations, a bugaboo for bondholders.Read full newsRead More
A busy period for newsflow at Ariana Resources (LSE:AAU) continued on Thursday as the firm revealed that the latest round of work at one of its major satel...Read full newsRead More
Gold prices remained stable on Wednesday as investors sought safe-haven assets after fears of a economic downturn due to increasing lockdowns and other global restrctions to combat the coronavirus pandemic. As oil prices took a plunge due to on-going price wars between OPEN and non-OPEC members and port shutdowns that brought tankers and refineries to a halt, investors are turning to real assets...Read More
Gold miners' stocks have endured epic volatility in this past month, literally crashing before blasting back higher in a violent V-bounce. That preceding wicked capitulation flush savagely forced the weak hands out, paving the way for gold stocks' next major upleg. The resulting fierce rebound signals it is already underway, with plenty of speculators and investors now chasing the huge gains this...Read More
A recovery seems to be in store for one gold miner in the weeks to come. The name is not Barrick Gold — the world’s largest gold producer. Investors should include Vancouver-based Sandstorm Gold (TSX:SSL)(NYSE:SAND) in their watch lists during this period of heightened volatility.Smooth operatorWith the COVID-19 scare, investors are again searching to invest in safe-haven assets like g...Read More
Whether instigated by external factors or the result of government decisions or policies, the devaluation of a currency has the potential to boost a country’s economic conditions. It’s not a permanent solution or the most viable way to put a country’s economy on track, but it works — mostly because a devalued currency encourages exports and slows down imports.The loonie has...Read More
Stock image. While in 2020 most miners will focus on operational safety and the health of their employees through minimising risks of covid-19 spread in their mines, Fitch Solutions analysts point out that miners will once again focus on improving efficiency and cutting costs once the pandemic clears. Australia will spearhead the global as well as Asian miners' race to use technology to cut costs...Read More
I don't have to tell you gold is the ideal safe harbor right now.We've been talking about it for a long time now. Now everyone else is.This chart says it all. If last week's stock market rally felt like a chance to take a breather and relax a bit, look at where gold went after the initial freak-out and mass selling.I don't have to tell you that the stock market was primed for this fall regardless...Read More
Guanajuato Mine Complex. (Image courtesy of Great Panther Mining). Great Panther (NYSE: GPL; TSX: GPR) has suspended mining and processing activities at the Guanajuato and Topia mines in Mexico until April 30 in compliance with the government directive to mitigate the spread of covid-19. The miner has begun ramping down activities at both mines and will retain only essential personnel during th...Read More
Nevada. (Image in the Public Domain taken from Piqsels). Nevada Gold Mines has announced measures to provide financial and logistical support to mitigate the impact of the covid-19 pandemic on local communities.At the state level, the company has committed an initial $1.5 million to the Nevada covid-19 Response, Relief and Recovery Task Force, as well as offering to support the effort through it...Read More