(IDEX Online) - ALROSA has appointed Rebecca Foerster as President ALROSA USA Inc. Previously, she served as Executive Vice President of Strategic Planning and Marketing at New York's Leo Schachter Diamonds, one of the largest diamond suppliers in the United States. Foerster will be involved in all aspects of the work of ALROSA'S USA office in New York. Principally, she wi...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25Sandfire said it had written to MOD to express its interest in a potential combination, but said any such transaction would be conditional on due diligence and the recommendation of MOD's board.Read More
WITH YOUR HOST, MARK LEIBOVIT SATURDAY, JANUARY 19, 1019SPECIAL GUESTS: DON VIALOUX, HARRY BOXER, HENRY WEINGARTEN AND SINCLAIR NOEhttps://tinyurl.com/yb5328r9 Excerpts from Don Vialoux' comments on Wall Street RawThe bear market rally in North American equity markets continued last week. The current rally has lasted four weeks. During this time the TSX Composite Index added 11.1%, the S&...Read More
Despite weak Chinese gross domestic product (GDP) data that showed fourth quarter 2018 growth of 6.4%, after 6.5% in the prior quarter, the three-month base metals prices on the London Metal Exchange were for the most part holding up relatively well on Monday January 21, with prices just off slightly. The complex posted an average loss of 0.2%, with copper showing the largest reaction; the th...Read More
If diamond miner equities are a proxy, the sentiment surrounding the diamond industry is now at historically low levels.Just in the last two years, a basket of diamond-producer stocks was down 28.9% in 2018, following a decline of 17.3% in 2017 (see Figure 1).This is in part due to idiosyncratic operational challenges that most all of the miners are dealing with in one way or another, however, inv...Read More
Sandstorm Gold (TSX: SAND; NYSE: SAND) has purchased a 0.9% net smelter returns royalty for US$32.8 million in cash on precious metals produced from Lundin Gold's (TSX: LUG; NASDAQ: LUG) Fruta del Norte gold project in Ecuador.The NSR royalty was purchased from a third party and covers metal production from all 644 sq. km of Lundin Gold's mining concessions in the Suarez pull-apart basin."The roya...Read More
Peak Power COO Matt Sachs talks about how industrial users of electricity can use predictive technology to move off grid power during peak load times, and save money.This is an edited portion of a sponsored presentation Sachs gave at The Northern Miner's Progressive Mine Forum held at the MaRS Discovery District in Toronto in October 2018.Visit www.peakpowerenergy.com for more information.This pod...Read More
Prospero Silver (TSXV: PSL; US-OTC: PSRVF) has begun phase two drilling at its Pachuca SE project in Hidalgo State, Mexico, shortly after Fortuna Silver Mines (TSX: FVI; NYSE: FSM) exercised its option to acquire up to 70% of the project in late 2018. Fortuna can earn its interest in Pachuca SE by spending US$8 million on the project, including at least US$1 million in the first year, and completi...Read More
The negative effects of trade disputes on global growth this year will push down demand for base metals and steel-making commodities, while the economic uncertainty will drive gold prices higher, CIBC says."CIBC economists are not forecasting a recession in 2019, but we expect increasing trade barriers and tariffs to slow down global growth over the next 18 months, delaying our previously forecast...Read More
For big exporters of the steel-making material, a group that includes Rio Tinto, Vale, BHP, Anglo American and Fortescue Metals, the disappearance of the iron ore surplus is good news, if it lasts.Read More
The Peter Schiff Show Podcast - Episode 437RATE AND REVIEW this podcast on Facebook.https://www.facebook.com/PeterSchiff/...High School Students Smeared by Mainstream Media - I am still out in Vancouver, British Columbia at the Resource Conference. I will be back in Puerto Rico on Wednesday. But I wanted to take a little time out to record this podcast here in my hotel room to address just one t...Read More
Brandon Truaxe, founder of Deciem, the upstart Canadian company behind the hugely popular skin care line The Ordinary, is dead. Two sources told CBC News Monday that Truaxe died over the weekend.To read more: http://cbc.ca/1.4987080 >> >> >> Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWSConnect with CBC News Online:For breaking news, video, audio and in-depth coverage: http://bi...Read More
I was blessed to share at Blexit LA rally about how police are not evil, but are tremendous people who are willing to sacrifice every single day.And this negative rhetoric regarding law enforcement officers is unfortunately perpetuated by people on the left.Thankfully there are people who illuminate the truth about the positive and great quality people on the police force that are committed to law...Read More
Jan 22, 2019 Guest(s): Rex Murphy Reporter & Columnist, CBC & The National Post Canada is rich in natural resources and energy, but the Trudeau government needs to stop putting "obstacles" in the way of prosperity, said long-time political commentator and journalist, Rex Murphy. "If any other country in the world had the bounty that Canada has in both [energy and minerals], we would have every g...Read More
"And I think the part of it that is generational is that millennials and people, in Gen Z, and all these folks that come after us are looking up and we're like, the world is gonna endContinue...Read More
President Trump's frustration with the Federal Reserve's (minuscule) interest rate increases that he blames for the downturn in the stock market has reportedly led him to inquire if he has the authority to remove Fed Chairman Jerome Powell. Chairman Powell has stated that he would not comply with a presidential request for his resignation, meaning President Trump would have to fire Powell if Trump...Read More
The explorer/developer is drilling six projects. Allegiant Project MapAllegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) announced in a news release that the company is drilling on the Red Hills project, completed drilling at the North Brown project, and has received all the assay results for Hughes Canyon. The drilling at Hughes Canyon consisted of 12 rotary holes over 2,139 meters. Results show tha...Read More
Results continue to become available from this gold company's 2018 exploration program. Victoria Gold Corp. (VIT:TSX.V) reported in a news release the findings from its 2018 surface trench testing in the Nugget zone of the Dublin Gulch project in the Yukon. That program involved building, mapping and sampling 13 trenches over 1,363 meters (1,363m), with more than 500 of those meters targeting Ra...Read More
Sector expert Michael Ballanger reflects on financial forces and their effect on precious metals markets since the first of the year. The Trump-Mnuchin-Powell "directive," which engaged the Working Group on Financial Markets during the last weekend before Christmas 2018, has worked both beautifully and criminally as the term "moral hazard" has crept back into the mainstream dialogue. Once again,...Read More