Capstone Mining (TSX: CS) released today positive results of an updated technical report for its Cozamin mine, located north-northwest of Zacatecas City in the Mexican north-central state of the same name.Cozamin is a polymetallic underground mine with a surface milling facility.According to the updated report on the operation, Proven and Probable Mineral Reserves increased significantly compared...Read More
Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) decided this week to move forward with a strategic cooperation agreement with Prospero Silver (TSXV: PSL) and exercised its right to be granted an option to acquire up to a 70% interest in the Pachuca SE project, located close to the historic mining city of Pachuca in Mexico's central Hidalgo state.To be able to do so, Fortuna has to spend $8 million in...Read More
Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) decided this week to move forward with a strategic cooperation agreement with Prospero Silver (TSXV: PSL) and exercised its right to be granted an option to acquire up to a 70% interest in the Pachuca SE project, located close to the historic mining city of Pachuca in Mexico's central Hidalgo state.To be able to do so, Fortuna has to spend $8 million in...Read More
* Zinc stocks in LME approved warehouses halved since August * U.S-China trade truce threatened by Huawei CFO arrest (Updates with closing prices)By Pratima DesaiLONDON, Dec 10 (Reuters) - Copper prices slipped on Mondayas Chinese import data reinforced worries about growth in demandfor industrial metals fuelled by the ongoing U.S.-China tradedispute, while a firmer dollar also weighed.Benchmark c...Read More
REVIEW, PREVIEW, AND BOTH SHORT- AND LONGER-TERM THOUGHTS Job growth slowed in November amid fears that economic growth is losing steam. Nonfarm payrolls increased by 155,000 for the month while the unemployment rate again held at 3.7 percent, its lowest since 1969, the Labor Department reported Friday. Economists surveyed by Dow Jones had been expecting payroll growth of 198,000 and the jobless r...Read More
Gold jumped to $1,251 in Asia - the highest level since July 11. Rising evidence of a global growth slowdown, trade fears, and the resulting risk aversion is likely helping gold report gains. Talk of Fed rate pause in 2019 is likely adding to the bullish tone around the yellow metal. Gold rose to a six-month high of $1,251, having closed higher by 2.10 percent last week – its biggest weekl...Read More
Published 22 Hours AgoUpdated5 Hours AgoReuters Simon Dawson | Bloomberg | Getty ImagesGold will continue to shine amid a weak dollar, says author and gold pro Jim Rickards.Gold edged lower on Monday as the dollar firmed, but stock market volatility and chances of a slower pace of U.S. interest rate hikes in 2019 kept bullion close to a 5-month peak scaled earlier in the session.Spot gold was d...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The INK Canadian Insider Index followed through on its late-week bounce from the prior week and soon ran 16 points to 1093.40 on Monday. However, with tax loss selling and wild volatility continuing in US markets, those early gains were short-lived and the Index sliced through all levels...Read More
Gold is one of the few assets that have been holding up over the last few months.We have seen some weaker economic data and the market telling the Fed it might to be able to handle more rate hikes.I don't expect a dip before gold moves higher if we see more economic weakness and the Fed pausing.The speculative interest is still on the wrong side of gold and short covering could fuel an upward...Read More
Canada is already freezing, and if you don't have a good winter jacket to battle the cold, this is the perfect gift for you from Sport Chek.Read full newsRead More
Canada is already freezing, and if you don't have a good winter jacket to battle the cold, this is the perfect gift for you from Sport Chek.Read full newsRead More
Newmont Mining (NYSE: NEM) expects its attributable gold production will reach 5.2 million ounces in 2019 and 4.9 million ounces in 2020, while attributable copper production will be 45,000 tonnes in both years.All-in sustaining costs for gold will come in at US$935 per oz. in 2019 and US$975 per oz. in 2020, while AISCs for copper will reach $2.45 per lb. next year and $2.55 per lb. in 2020.Longe...Read More
Since Steppe Gold (TSXV: STGO) purchased Altan Tsaagan Ovoo (ATO) from Centerra Gold (TSX: CG) for $19.8 million in January 2017, the junior has made steady progress de-risking and building the heap leach, gold-silver project in eastern Mongolia.Seven months after the acquisition last year, the company teed-up a US$23 million gold and silver stream agreement with Triple Flag Mining Financing, and...Read More
Steel billet prices continued to decline in most of the world's major billet markets during the week to Friday December 7 due to thin buying interest caused by the weak finished steel sector and cheaper scrap.China's prices rebounded at the beginning of the week, after a 90-day suspension of the country's tariff war with the United States was announced on December 2, although market sentiment...Read More
Steel billet prices continued to decline in most of the world's major billet markets during the week to Friday December 7 due to thin buying interest caused by the weak finished steel sector and cheaper scrap.China's prices rebounded at the beginning of the week, after a 90-day suspension of the country's tariff war with the United States was announced on December 2, although market sentiment...Read More
A UKIP march led by far-right figure Tommy Robinson against what organizers call the "Brexit betrayal" took place in LondonRT LIVE https://www.youtube.com/watch?v=IFAcq... Check out http://rt.comSubscribe to RT! http://www.youtube.com/subscription_c...Like us on Facebook http://www.facebook.com/RTnewsFollow us on VK https://vk.com/rt_internationalFollow us on Twitter http://twitter.com/RT_comFollo...Read More
Subscribe to our channel! rupt.ly/subscribeA UKIP march led by far-right figure Tommy Robinson against what organizers call the "Brexit betrayal" takes place in London on Sunday, December 9.A counter-protest is also expected. The rallies take place just two days before a House of Commons vote on Theresa May's Brexit deal with Brussels. Video ID: Video on Demand: http://www.ruptly.tvContact: cd@rup...Read More
Everyone has different reasons for investing or speculating in the resource sector. I believe, for the majority of the participants, it's the allure of 10 baggers that attract them to the juniors.While the appeal to windfall profits is attractive to almost anyone, I believe it's exactly this mindset that keeps many investors from actually realizing the gains they are given in the market.Too many t...Read More
As we approach the end of the year, many investors are starting to think about stocks they might want to add to their self-directed RRSP portfolios for 2019.RRSP season, as it is known, really heats up in January and February, although contributions can certainly be made on a regular schedule throughout the year to avoid the annual deadline crunch.Since the RRSP is generally viewed as a buy-and-ho...Read More