Recent News

TomaGold consolidates Monster Lake, acquires Irene Lake property

January 11, 2019 / www.mining.com

TomaGold (TSXV: LOT) announced on Friday an agreement with Quinto Resources (TSXV: QIT) to acquire Quinto's 5% interest in the Monster Lake property for a cash payment of $500,000. Following this transaction, TomaGold will own a 50% interest in the Monster Lake property, with IAMGOLD holding the other 50%.TomaGold has also entered into an agreement with Brunswick Resources Inc. to acquire the I...Read More

Bullish Options Traders Blitz Booming Tilray Stock

January 11, 2019 / www.schaeffersresearch.com

Tilray's lockup period ends next TuesdayThe shares of Tilray Inc (NASDAQ:TLRY) are up 21.3% to trade at $97.54, after private-equity firm Privateer Holdings will not sell its TLRY stake when the cannabis company's lockup period expires next Tuesday, Jan. 15. The surge has sparked a rush of activity in Tilray's options pits, and the bulk of the action appears to be of the bullish kind.By the number...Read More

#Yuan Slides After PBOC Reportedly Wary Of Recent Sharp Gains | Zero Hedge

January 11, 2019 / www.zerohedge.com

...the central bank does not want a sharp appreciation by the yuanRead full newsRead More

US Consumer Price Growth Slowest Since Aug 2017 As Gas Prices Plummet | Zero Hedge #cpi

January 11, 2019 / www.zerohedge.com

The gasoline index fell 7.5 percent in December after a 4.2-percent decline the prior month...Read full newsRead More

Beware the Ides of February for Caesars Stock

January 11, 2019 / www.schaeffersresearch.com

CZR is attracting options traders on reports of an Icahn stakeThe shares of Caesars Entertainment Corporation (NASDAQ:CZR) are higher this afternoon, amid reports that activist investor Carl Icahn is building a stake in the casino concern. Against this backdrop, options traders are flocking to CZR to speculate on more upside -- but a technical alarm is sounding for the shares, which has historical...Read More

Canada's first geothermal power facility announced

January 11, 2019 / www.mining.com

Canada's Prime Minister, Justin Trudeau, today announced support for a new geothermal power facility near Estevan in Southeastern Saskatchewan. The energy project, led by DEEP Earth Energy Production Corporation, is the first of its kind in Canada and taps into a new renewable energy resource.Geothermal energy harnesses heat from the earth's crust and transforms it into electricity to power...Read More

Canada's first geothermal power facility announced

January 11, 2019 / www.mining.com

Canada's Prime Minister, Justin Trudeau, today announced support for a new geothermal power facility near Estevan in Southeastern Saskatchewan. The energy project, led by DEEP Earth Energy Production Corporation, is the first of its kind in Canada and taps into a new renewable energy resource.Geothermal energy harnesses heat from the earth's crust and transforms it into electricity to power...Read More

Vector Structural Engineering now licensed in Canada

January 11, 2019 / www.mining.com

DRAPER Utah, January 10, 2019 - ?EURRead More

The Gold Market in 2018

January 11, 2019 / www.fxstreet.com

Was 2018 good or bad for the previous metals market? We invite you to read our today’s article and learn more about the most important drivers of the gold pricesin 2018. This analysis should help investors better understand the gold market, and draw investment conclusions for the new year. “Hence, we are neutral to slightly bearish for the gold market in 2018.” – this is wh...Read More

Technical Alarm Sounding Ahead of Alcoa Earnings

January 11, 2019 / www.schaeffersresearch.com

The stock is trading near a trendline with historically bearish implicationsIt's been a volatile stretch for Alcoa Corp (NYSE:AA) stock, per its 60-day historical volatility of 53.9%, which registers in the 97th annual percentile. The options market is expecting this wild price action to continue after the aluminum giant reports fourth-quarter earnings after the market closes next Wednesday, Jan....Read More

Shutdown, China Worries Send Dow into the Red

January 11, 2019 / www.schaeffersresearch.com

Apple is lower on reports of slashed iPhone prices in China The Dow Jones Industrial Average (DJI) is set to snap its five-day winning streak -- down over 100 points at midday -- as the U.S. government shutdown ties its longest ever. Plus, lingering concerns over a lack of details on U.S.-China trade are also weighing on stocks today. Apple (AAPL) stock is also lower, amid reports thatChinese ret...Read More

Benchmark extends Phoenix in Golden Triangle

January 11, 2019 / www.mining.com

Lawyers Gold Silver Project Phoenix Zone 2018 Drill ResultsBenchmark Metals (TSXV: BNCH; US-OTC: CYRTF) has expanded the Phoenix zone at its Lawyers gold-silver project in B.C.'s Golden Triangle after intersecting gold and silver mineralization in step out drilling grading as high as 11 grams gold per tonne and 819 grams silver over 4 metres from 69 metres downhole.Other highlights included 6.15 g...Read More

Benchmark extends Phoenix in Golden Triangle

January 11, 2019 / www.mining.com

Lawyers Gold Silver Project Phoenix Zone 2018 Drill ResultsBenchmark Metals (TSXV: BNCH; US-OTC: CYRTF) has expanded the Phoenix zone at its Lawyers gold-silver project in B.C.'s Golden Triangle after intersecting gold and silver mineralization in step out drilling grading as high as 11 grams gold per tonne and 819 grams silver over 4 metres from 69 metres downhole.Other highlights included 6.15 g...Read More

#Poland Arrests Huawei Executive On Espionage Charges | Zero Hedge

January 11, 2019 / www.zerohedge.com

Polish businessmen in China beware...Read full newsRead More

What Happens When the Dow Bubble Bursts

January 11, 2019 / www.schaeffersresearch.com

Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More

The Cash Prediction Catching Americans Off-Guard

January 11, 2019 / www.schaeffersresearch.com

This stunning research revealed by the former hedge-fund who predicted the last NASDAQ crash could have some Americans thinking twice before hoarding cash.Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is go...Read More

CME Stock Could Right the Ship Next Month

January 11, 2019 / www.schaeffersresearch.com

CME was downgraded to "hold" by BofA-Merrill Lynch todayCME Group (NASDAQ:CME) has started the new year off on the wrong foot, on track for its second straight weekly loss amid concerns over a new rival exchange. This morning, the exchange operator was downgraded to "hold" from "buy" at BofA-Merrill Lynch, while its price target was trimmed to $191 from $200. However, Deutsche Bank hiked its pri...Read More

Cryptocurrencies vs precious metals - which are more energy-intensive to mine?

January 11, 2019 / www.mining.com

At first glance, you might initially think that cryptocurrencies and precious metals have little, if anything, in common. However, to the contrary, the two can be sourced in the same basic way: through mining. "Mining" has a broad definition here, but "energy consumption" doesn't. The journal Nature Sustainability has published new research revealing that cryptocurrency mining expends significantl...Read More

Cryptocurrencies vs precious metals - which are more energy-intensive to mine?

January 11, 2019 / www.mining.com

At first glance, you might initially think that cryptocurrencies and precious metals have little, if anything, in common. However, to the contrary, the two can be sourced in the same basic way: through mining. "Mining" has a broad definition here, but "energy consumption" doesn't. The journal Nature Sustainability has published new research revealing that cryptocurrency mining expends significantl...Read More

DRA Global awarded EPC contract for Dargues Gold Mine.

January 11, 2019 / www.mining.com

Project scope entails the engineering, procurement and construction of a 355,000tpa processing facilityGlobal engineering, project delivery and operations management group, DRA Global ("DRA") has been awarded (through its 100% owned subsidiary DRA Pacific Pty Ltd) the engineering, procurement and construction (EPC) contract for the Dargues Gold Mine in New South Wales, Australia. Dargues is owned...Read More

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