BNN Bloomberg speaks to Peter Grosskopf, CEO of Sprott about gold mining M and A and why he thinks we're seeing the beginning of a wave of deal-making. He also thinks gold is on its way higher and investors should own gold right now.Read full newsRead More
...what we are now witnessing is completely unprecedented.Read full newsRead More
Glencore said Thursday its Raglan nickel and Matagami zinc operations in Quebec will be on care and maintenance for the next three weeks.Nickel from Raglan is shipped to Glencore's Sudbury op...Read full newsRead More
Delays in upgrades and expansion projects due to measures to stop the spread of covid-19 will negatively tip the scale, say experts.Read full newsRead More
Germany's Aachen Cathedral has dug out the relics of little-known Saint Corona, patron saint of resisting epidemics, from its treasure chamber and is polishing up her elaborate shrine to go on show once the coronavirus pandemic has passed.Read full newsRead More
(Bloomberg) -- From South Africa's ultra-deep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to main-street sellers of coins: the global gold market is being tested like never before.The cracks are starting to show.Worldwide panic over the coronavirus outbreak andRead full newsRead More
BNN Bloomberg speaks to Peter Grosskopf, CEO of Sprott about gold mining M and A and why he thinks we're seeing the beginning of a wave of deal-making. He also thinks gold is on its way higher and investors should own gold right now.Read full newsRead More
BNN Bloomberg speaks to Peter Grosskopf, CEO of Sprott about gold mining M and A and why he thinks we're seeing the beginning of a wave of deal-making. He also thinks gold is on its way higher and investors should own gold right now.Read full newsRead More
Germany's Aachen Cathedral has dug out the relics of little-known Saint Corona, patron saint of resisting epidemics, from its treasure chamber and is polishing up her elaborate shrine to go on show once the coronavirus pandemic has passed.Read full newsRead More
U.S. stocks moved higher at the start of trade Thursday, following the Senate's approval the massive stimulus bill late Wednesday night. The Dow Jones...Read full newsRead More
"INVESTORS: Listen up! These guys had 2 huge #Silver finds at the beginning of the year and for the obvious reason, had a recent pullback.BUT... its time for the turnaround! Don't miss out!#Stillaffordable ??"^??"???',$CCW #Canadacobaltworks #Gowganda #Silvermine #MomentumStocks"Read full newsRead More
Ariana Resources (LSE:AAU) enjoyed a 10% lift on Thursday morning after announcing a watershed dividend payment from one of its subsidiaries. The Turkey-fo...Read full newsRead More
Ariana has built up a track record of successful operations in TurkeyRead full newsRead More
The COVID-19 pandemic is wreaking havoc on the economy. Very few industries are able to weather the storm. Even gold stocks aren’t immune, which has investors perplexed. Despite significant volatility, however, the price of gold is flat over the past month. In comparison, the iShares S&P/TSX Global Gold Index ETF (TSX:XGD) has lost approximately 8% of its value. Although much better...Read More
How cheap is silver?Well, if you’re measuring it against gold, silver has never been this cheap. The gold/silver ratio recently exploded past 120. Theoretically, that means you could buy 120 ounces of silver for one ounce of gold. An average gold/silver ratio is about 70, and it has been as low as 15.120 is unheard of. This has never happened in all of human history.If silver prices rise, I...Read More
Image courtesy of Seabridge Gold Seabridge Gold (TSX: SEA)(NYSE: SA) posted a net loss of $11.6 million ($0.19 per share) in 2019 compared to a loss of $19.9 million ($0.34 per share) in the previous year, the company stated in its year-end financial release on Friday.During 2019, Seabridge invested $30 million in mineral interests, primarily at its KSM project, compared to $37 million in 2018. T...Read More
Open pit at Constancia. Photo by Hudbay Minerals. The collapse of the copper price and the containment measures taken for the coronavirus pandemic are posing a significant risk to global copper mine supply and project development, Nick Pickens, research director at Wood Mackenzie said in a note this week.Day-by-day, mining companies are announcing revised plans to comply with new restrictions. "F...Read More
Natalka gold mine (Image: Polyus.) Polyus announced that, in cooperation with the Far East Development Fund ("FEDF"), it will co-found a fund to finance activities aimed at preventing the spread of covid-19 in the Russian Far East. The size of the fund is expected to reach RUB 1 billion (about $12 million) reflecting donations from different parties.FEDF and Polyus will donate a total...Read More
Mar 27, 2020 Guest(s): Daymond John FUBU Founder & Shark Tank star Daymond John grew his clothing line FUBU with forty dollars, a few sewing machines in his mother's basement and turned it into a $6 billion dollar fashion industry giant. He's also one of the original Shark Tank stars and has invested millions in making entrepreneur dreams come true. Now he is out with his latest book Power Shi...Read More
Image source: Caterpillar Inc. Caterpillar (NYSE: CAT) announced this week that the continued spread of covid-19 is starting to impact its supply chain. Caterpillar said it is continuing to run the majority of its US domestic operations and plans to continue operations in other parts of the world but is temporarily suspending operations at some facilities in affected areas. In February, Caterpill...Read More