Miner AngloGold Ashanti can resume a soil study halted by a municipal council ban on mining activities, the environmental authority in Colombia's Antioquia province said.The mayor of the town of Jerico had ordered a suspension of the work in January after the council voted late last year to ban mining in the area.In a decision dated Feb. 18, Corantioquia said it was lifting the stoppage on AngloGo...Read More
Palladium surged above $1,500 an ounce to a record, extending a powerful rally that's been driven by an acute shortage of supply as car manufacturers scramble to get hold of the material to meet stringent emissions controls. The advance will benefit top suppliers in Russia and South Africa.Spot palladium surged as much as 1.7 percent to $1,505.46 an ounce, and traded at $1,501.28 at 11:52 a.m. in...Read More
Tesla is replacing its general counsel after just two monthsThe shares of Tesla Inc (NASDAQ:TSLA) are down 1.8% in electronic trading, after the Wall Street Journal (subscription required) reported that the company was replacing its general counsel, Dane Butswinkas, after just two months on the job, effective immediately. Elsewhere, Electrek is calling attention to an email sent to employees th...Read More
Australia's largest gold producer, Newcrest Mining, (ASX: NCM), is expanding its footprint in Ecuador by signing an agreement with Cornerstone Capital Resources (TSX-V:CGP), a Canadian junior with several assets in the country, including a 15% stake in SolGold's Cascabel copper-gold project.Under the deal, a subsidiary of Newcrest will have the option to earn up to a 75% interest in two early-st...Read More
Australia's largest gold producer, Newcrest Mining, (ASX: NCM), is expanding its footprint in Ecuador by signing an agreement with Cornerstone Capital Resources (TSX-V:CGP), a Canadian junior with several assets in the country, including a 15% stake in SolGold's Cascabel copper-gold project.Under the deal, a subsidiary of Newcrest will have the option to earn up to a 75% interest in two early-st...Read More
Australia's largest gold producer, Newcrest Mining, (ASX: NCM), is expanding its footprint in Ecuador by signing an agreement with Cornerstone Capital Resources (TSX-V:CGP), a Canadian junior with several assets in the country, including a 15% stake in SolGold's Cascabel copper-gold project.Under the deal, a subsidiary of Newcrest will have the option to earn up to a 75% interest in two early-st...Read More
GRMN and FIVN stocks are ready to continue their technical outperformance todayGarmin Ltd. (NASDAQ:GRMN) just reported another strong quarter, topping both earnings-per-share and revenue estimates, while also giving a better-than-expected outlook for 2019. The company's CEO Cliff Pemble cited the aviation, marine, outdoor, and fitness businesses as drivers for the upbeat results. Revenue from the...Read More
Trump has hinted at pushing back the March 1 trade deadlineDow Jones Industrial Average (DJI) futures are marginally lower today, as Wall Street remains focused on U.S.-China trade talks. Specifically, President Donald Trump hinted at a possible extension to theMarch 1 deadline, when tariffs on Chinese imports are set to increase. Elsewhere, traders are awaiting the Federal Reserve's minutes from...Read More
I'm accumulating gold, silver, and gold/silver stocks to maintain a 5-7% portfolio allocation to precious metals.I consider gold to be fairly valued or mildly undervalued at the current time. Not necessarily deeply undervalued like some argue, but a good long-term risk/reward opportunity.Streaming/royalty companies are my preferred choice.Silver and platinum are historically undervalued.Precio...Read More
Mr. Matthew Hornor reportsMAPLE GOLD RECEIVES $1.9M FROM REVENU QUEBEC AND OUTLINES 2019 DRILLING PLANSMaple Gold Mines Ltd. has added $1.9-million to its treasury after receiving its full 2017 tax credit refund from Revenu Quebec. An upcoming winter 2019 drill program will test refined higher-grade targets generated from recently reported 3-D modelling work. Mapping and gold deportment work will...Read More
Mr. Matthew Hornor reportsMAPLE GOLD RECEIVES $1.9M FROM REVENU QUEBEC AND OUTLINES 2019 DRILLING PLANSMaple Gold Mines Ltd. has added $1.9-million to its treasury after receiving its full 2017 tax credit refund from Revenu Quebec. An upcoming winter 2019 drill program will test refined higher-grade targets generated from recently reported 3-D modelling work. Mapping and gold deportment work will...Read More
How you can transform lagging indicators into leading indicators.Despite the strong January kick-start to 2019, many investors are still apprehensive of what's to come, especially considering some of the latest market-moving events -- think Fed policy announcements, U.S.-China trade negotiations, and earnings season, to start.While it's certainly no crystal ball, becoming familiar with the various...Read More
Mr. David Wolfin reportsCORAL GOLD PROVIDES OUTLOOK FOR 2019, INCLUDING PREFEASIBILITY WORK BY BARRICK GOLD AT ROBERTSON PROJECTCoral Gold Resources Ltd.'s royalty payee Barrick Gold had a productive year at the Robertson gold property in Nevada. Barrick has reported that the prefeasibility study work is on schedule and phase II metallurgical work is in progress.Coral Gold holds a sliding-scale 1-...Read More
Mr. David Wolfin reportsCORAL GOLD PROVIDES OUTLOOK FOR 2019, INCLUDING PREFEASIBILITY WORK BY BARRICK GOLD AT ROBERTSON PROJECTCoral Gold Resources Ltd.'s royalty payee Barrick Gold had a productive year at the Robertson gold property in Nevada. Barrick has reported that the prefeasibility study work is on schedule and phase II metallurgical work is in progress.Coral Gold holds a sliding-scale 1-...Read More
Uranium Energy Corp Receives Radioactive Material License for the Burke Hollow ISR Project in South TexasCanada NewsWireCORPUS CHRISTI, TX, Feb. 20, 2019Read More
Uranium Energy Corp Receives Radioactive Material License for the Burke Hollow ISR Project in South TexasCanada NewsWireCORPUS CHRISTI, TX, Feb. 20, 2019Read More
The percentage of "buy" ratings on SPX stocks just surpassed the 2014 peakA good place to get analyst data is from Zacks, which shows the number of brokerages that are recommending a "buy," "hold," or "sell" rating for each stock. Looking at current S&P 500 Index (SPX) component stocks, the chart below shows the total percentage of recommendations that are a "buy." This data puzzled me for a long...Read More
* Copper stocks near 10-year lows * Demand in China tends to pick up in second quarter * GRAPHIC-2019 asset returns: (Updates with closing prices, Chalco)By Pratima DesaiLONDON, Feb 20 (Reuters) - Copper prices hit a seven monthpeak on Wednesday as the market worried about low stocks aheadof seasonally strong demand in top consumer China, while risinghopes of an end to the U.S.-China trade dispute...Read More
Results reflect the fourth consecutive year of growthInitial reserve declaration at Silvertip drives higher Companywide silver reserve gradesMeasured and indicated gold and silver resources increase 26% and 2%, respectivelyInferred gold and silver resources increase 145% and 39%, respectivelyCompany Website: http://www.coeur.comCHICAGO -- (Business Wire)Coeur Mining, Inc. ("Coeur" or the "Company"...Read More
Results reflect the fourth consecutive year of growthInitial reserve declaration at Silvertip drives higher Companywide silver reserve gradesMeasured and indicated gold and silver resources increase 26% and 2%, respectivelyInferred gold and silver resources increase 145% and 39%, respectivelyCompany Website: http://www.coeur.comCHICAGO -- (Business Wire)Coeur Mining, Inc. ("Coeur" or the "Company"...Read More