Recent News

White Gold Corp. Discovers New High-Grade Parallel Structure 300m from Previous Drilling on Vertigo Target Intersec...

December 10, 2018 / twitter.com

"White Gold Corp. Discovers New High-Grade Parallel Structure 300m from Previous Drilling on Vertigo Target Intersecting 9.2 g/t Au over 9.14m, including 17.2 g/t Au over 4.6m @WhiteGoldCorp https://t.co/4wfL24X5w9"Read full newsRead More

Anaconda files updated resource estimate for Goldboro

December 10, 2018 / www.mining.com

Longitudinal section of the Goldboro deposit looking north. (Image: Anaconda Mining)NOVA SCOTIA - Anaconda Mining of Toronto has filed an updated 43-101 report for the resources at its Goldboro gold project 175 km northeast of Halifax. The deposit is now thought to contain 3.8 million measured and indicated tonnes grading 4.96 g/t gold and containing 602,700 oz. The inferred estimate is 2.1 millio...Read More

Anaconda files updated resource estimate for Goldboro

December 10, 2018 / www.mining.com

Longitudinal section of the Goldboro deposit looking north. (Image: Anaconda Mining)NOVA SCOTIA - Anaconda Mining of Toronto has filed an updated 43-101 report for the resources at its Goldboro gold project 175 km northeast of Halifax. The deposit is now thought to contain 3.8 million measured and indicated tonnes grading 4.96 g/t gold and containing 602,700 oz. The inferred estimate is 2.1 millio...Read More

Anaconda files updated resource estimate for Goldboro

December 10, 2018 / www.mining.com

Longitudinal section of the Goldboro deposit looking north. (Image: Anaconda Mining)NOVA SCOTIA - Anaconda Mining of Toronto has filed an updated 43-101 report for the resources at its Goldboro gold project 175 km northeast of Halifax. The deposit is now thought to contain 3.8 million measured and indicated tonnes grading 4.96 g/t gold and containing 602,700 oz. The inferred estimate is 2.1 millio...Read More

Newcrest options Cornerstone's Miocene property

December 10, 2018 / www.mining.com

CHILE - Over the last 15 years, Newcrest Mining has discovered gold deposits in Australia, Papua New Guinea and Indonesia and continues to explore and evaluate prospects in those countries as well as in many others including Fiji, North America, Mexico, Cote d'Ivoire, Chile, Argentina, and Ecuador.This week it signed an option agreement in Chile to earn up to a 75% interest in Cornerstone Capital...Read More

Newcrest options Cornerstone's Miocene property

December 10, 2018 / www.mining.com

CHILE - Over the last 15 years, Newcrest Mining has discovered gold deposits in Australia, Papua New Guinea and Indonesia and continues to explore and evaluate prospects in those countries as well as in many others including Fiji, North America, Mexico, Cote d'Ivoire, Chile, Argentina, and Ecuador.This week it signed an option agreement in Chile to earn up to a 75% interest in Cornerstone Capital...Read More

Newcrest options Cornerstone's Miocene property

December 10, 2018 / www.mining.com

CHILE - Over the last 15 years, Newcrest Mining has discovered gold deposits in Australia, Papua New Guinea and Indonesia and continues to explore and evaluate prospects in those countries as well as in many others including Fiji, North America, Mexico, Cote d'Ivoire, Chile, Argentina, and Ecuador.This week it signed an option agreement in Chile to earn up to a 75% interest in Cornerstone Capital...Read More

Newcrest options Cornerstone's Miocene property

December 10, 2018 / www.mining.com

CHILE - Over the last 15 years, Newcrest Mining has discovered gold deposits in Australia, Papua New Guinea and Indonesia and continues to explore and evaluate prospects in those countries as well as in many others including Fiji, North America, Mexico, Cote d'Ivoire, Chile, Argentina, and Ecuador.This week it signed an option agreement in Chile to earn up to a 75% interest in Cornerstone Capital...Read More

Wallbridge Mining Adds to Its Management Team @WMmining

December 10, 2018 / bit.ly

Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) (Read full newsRead More

This one Congo project could supply the world with lithium

December 10, 2018 / www.mining.com

AVZ Minerals' Manono became the world's largest non-brine lithium resource after the Perth-based company released the maiden estimate for its 60%-owned project in southern DRC in August this year.At the end of November, AVZ published the results of a drilling campaign that further increased Manono's size - by more than half to just over 400 million tonnes grading 1.66% Li2O for 6.6m tonnes of lith...Read More

This one Congo project could supply the world with lithium

December 10, 2018 / www.mining.com

AVZ Minerals' Manono became the world's largest non-brine lithium resource after the Perth-based company released the maiden estimate for its 60%-owned project in southern DRC in August this year.At the end of November, AVZ published the results of a drilling campaign that further increased Manono's size - by more than half to just over 400 million tonnes grading 1.66% Li2O for 6.6m tonnes of lith...Read More

Red Pine Announces Change in Board Appointment @RedPineExpl

December 10, 2018 / bit.ly

Red Pine Exploration Inc. (TSX-V: RPX) (Read full newsRead More

Trying to build a base for the broad market and pot stocks

December 10, 2018 / www.canadianinsider.com

Although one week does not make a trend, given recent market carnage, the bulls can be forgiven if they point to some positive developments in the Canadian market last week. Nicholas Winton who writes a weekly technical outlook for the INK Canadian Insider Index noted in his Monday write up that the index (-0.8%) outperformed US markets last week, including the S&P 500 (-4.6%). We would add that...Read More

VIX Jumps as Stocks Suffer Heavy Losses

December 10, 2018 / www.schaeffersresearch.com

The Dow is down roughly 1.5% at middayU.S. stocks are getting hammered once again, as fear continues to grip Wall Street. The Dow Jones Industrial Average (DJI) and its index peers are all falling fast, last seen near session lows, putting the Dow and S&P 500 Index (SPX) in territory not seen since early May. The financial sector is leading the downturn, while energy shares are also getting whacke...Read More

Analyst Calls Retail Stock "Economic Downturn Resistant"

December 10, 2018 / www.schaeffersresearch.com

FIVE has added 48% year-to-dateThe shares of Five Below Inc (NASDAQ:FIVE) are up 2.9% to trade at $98.21 today, after Loop Capital upgraded the discount retailer to "buy" from "hold," while nudging its price target up to $120 from $110. The analyst in coverage is encouraged by the company's improving merchandise and brand awareness, and believes it is "more economic downturn resistant" than oth...Read More

Volatile U.S. Steel Stock Sees Heavy Options Trading

December 10, 2018 / www.schaeffersresearch.com

X hit a 17-month low earlier on a mixed analyst noteIt's a volatile session on Wall Street today, and United States Steel Corporation (NYSE:X) is no exception. X shares jumped 1% at the open after UBS upgraded the steel stock to "neutral" from "sell," saying its 2018 decline has created an attractive valuation. However, the brokerage firm also cut its price target to a Street-low $22, down from $2...Read More

XAU/USD technical analysis: Gold price rises to six-month high

December 10, 2018 / www.fxstreet.com

Gold price formed a solid support base near the $1,232 and $1,233 levels against the US Dollar. The price of XAU/USD started a nice upward move and broke the $1,235, $1,238 and $1,240 resistance levels to move into a positive zone. Buyers even pushed the price above the $1,244 resistance area. The price tested the $1,250 resistance area and it is currently consolidating gains. It is testing the 2...Read More

March 2009 Sentiment Signal Flashes Again

December 10, 2018 / www.schaeffersresearch.com

It's the first signal of its kind since October 2015Just before the Thanksgiving holiday, the National Association of Active Investment Managers (NAAIM)exposure index was sitting at its lowest point since February 2016, at 30.55. In other words, active money managers were very limited in their overall equity exposure, as the S&P 500 Index (SPX) was testing its October lows. However, NAAIM bulls ha...Read More

Become a Master of Moving Averages

December 10, 2018 / www.schaeffersresearch.com

How you can transform lagging indicators into leading indicators. From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of the trading world's constant need to stay ahead of the curve since the first exchange opened its door over 200 years ago.After all, every trader is always looking for an edge... Some way to predict what will happen next... And hopefully...Read More

U.S. job openings crest to just over 7 million and remain near record high

December 10, 2018 / www.marketwatch.com

Getty ImagesJob openings in the United States rose slightly in November to just over 7 million. The numbers: The number of job openings in the U.S. rose slightly in October to just over 7 million and clung close to a record high, signaling that companies are still seeking to hire more workers to keep up with rising sales. Read: U.S. gains 155,000 jobs, unemployment stays at 3.7% What happened...Read More

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