Near Surface Silver Mineralization Intercepted in 94 out of 98 holes; Numerous Significant Intercepts include 76.63 metres grading 383 g/t VANCOUVER, British Columbia - January 22, 2019 -- New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) ("New Pacific" or the "Company") is pleased to announce the first batch of drill results from its wholly-owned Silver Sand Project in Potos?- Department, Bo...Read More
Last month the Government's Bureau of Lies And Statistics served up an employment report purporting 312,000 new jobs in December. This despite massive seasonal retail lay-offs in the latter half of the month. The BLS happily counts those jobs when hired in October but forgets to remove them when are dismissed at the end of the holiday shopping season. As John Williams (Shadow Government Sta...Read More
Craig Crosbie and Michael Fung of PwC were appointed as administrators on December 19. Laguna was producing zinc and gold from the small-scale El Toqui mine in Peru.Read More
Nemaska Lithium Project (Mine and Hydromet Plant)Nemaska Lithium Inc. [NMX-TSX; NMKEF-OTCQX; NOT-Frankfurt] said Friday February 1 that it plans to resume construction at the Whabouchi lithium mine site in Quebec on February 5, 2019.The company said construction activities were put on hold on the morning of January 31, 2019, following a fire in the cafeteria of the Nemiscau work camp. The facility...Read More
Teck's Fort Hills oil sands project in Alberta. Source: Teck Resources Ltd.Teck Resources Ltd. [TECK.B-TSX; TECK-NYSE] issued a profit warning Friday saying it expects to report fourth quarter earnings and EBITDA (earnings before interest, tax, depreciation and amortization) to be well below consensus estimates.Analyst said many of the issues raised appear to be associated with isolated incidents...Read More
The grinding circuit at the Kamoto concentrator. Source: Katanga Mining Ltd.Cobalt sales by Glencore AG's Katanga Mining Ltd. [KAT-TSX] unit are facing further delays after the Democratic Republic of Congo requested a suspension of Katanga's KCC ion-exchange project. The project is being developed to remove uranium from cobalt.Katanga Mining's Kamoto Copper Co. unit received a letter on January 30...Read More
This time last year, cobalt was the hottest metal on the planet.It was everywhere. You couldn't go a day without reading about cobalt in the financial news.Now?Nothing. You barely hear about it, if ever.What happened?Well, much of the financial chatter centered on cobalt prices. Back in March 2018, the price of cobalt reached an all-time high of $95,000 per metric tonne. Prices had increased nearl...Read More
Golden Ridge Resources Ltd. (TSX-V: GLDN) owns a 100% interest in the 1,700-hectare Hank copper-gold-silver-lead-zinc property located in the Golden Triangle district, approximately 140 kilometres north of Stewart, British Columbia. At the 2019 Vancouver Resource Investment Conference, we learned from Michael Blady, President-CEO of Golden Ridge Resources that in 2018 they drilled just under 7000...Read More
COT SPECIAL PUBLICATION SCHEDULE -- The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC expects to publish this report on Friday, February 1, 2019. After this, the...Read More
By: Dave KranzlerLast month the Government's Bureau of Lies And Statistics served up an employment report purporting 312,000 new jobs in December. This despite massive seasonal retail lay-offs in the latter half of the month. The BLS happily counts those jobs when hired in October but forgets to remove them when are dismissed at the end of the holiday shopping season. As John Williams (Sh...Read More
By: Steve St. Angelo, SRSrocco Report Official gold purchases reached a new record in 2018 as central banks continued to diversify away from the U.S. Dollar. Not only was 2018 a banner year for central bank gold purchases, but it was also the highest amount for more than five decades. Central banks haven't bought this much gold in one year since Nixon ended the convertibility of the U.S. Do...Read More
While some may have been confused by Fed Chairman Powell's circular statements in yesterday's press conference, the takeaway should be abundantly clear: the period of Fed tightening, is over. The Fed will now hold steady on interest rates, and when they move again, they are more likely to lower rates than to raise them. And while the Fed's program of balance sheet reductions is technically still...Read More
Last year was admittedly a tough one for emerging markets. A number of currencies were under considerable pressure, with some of them falling to record or near-record lows against the strong U.S. dollar. Global trade tensions, threats of sanctions, rising U.S. interest rates and higher oil prices before they began to crater in October, that is also contributed to the selloff. From its 52-week hi...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
France's top legal advisory body has refused to prevent police from firing large rubber-balls at Yellow Vest protesters.Continue...Read More
New York will soon let life insurers use data from social media when setting premium ratesContinue...Read More
Click Here to Listen to the Interview - *the interview begins at 7:11Axel Merk of Merk Investments talks gold, the Fed, stocks and the dollar. And find out why he believes investors will soon realize that it DOES matter again about where you put your money.Click Here to Listen to the Interview - *the interview begins at 7:11Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk In...Read More
Providing critical information for the U.S. trading day. Subscribe to MarketWatch's free Need to Know newsletter. Sign up here.Continue...Read More
The arrangement allows for additional investigation of this polymetallic property's prospectivity. Casa Minerals Inc. (CASA:TSX.V; CASXF:OTCMKTS; 0CM:FSE) announced in a news release it signed an option agreement to allow a private company to explore Casa's 100%-owned Keaper polymetallic project in British Columbia in exchange for an earned interest in it. The project is located about 20 km north...Read More