Aston Bay Holdings (TSX-V: BAY) has just completed the transaction to acquire all of the issued and outstanding stock of Jack's Fork Exploration (JFE). The acquisition was completed by way of a reverse triangular merger of Blue Ridge Mining, a wholly owned subsidiary of the company, into JFE, resulting in JFE being renamed "Blue Ridge Mining" and becoming a direct and wholly-owned subsidiary of As...Read More
Go Cobalt Mining (CSE: GOCO) has signed an option agreement with Contigo Resources to earn 100% interest in the Barachois vanadium property located in Quebec's Gaspe Peninsula.Barachois is a sedimentary hosted vanadium-selenium-silver-lead-zinc prospect that covers 1,801 hectares where carboniferous aged sediments have been shown to host sedimentary vanadium-zinc-lead mineralization. Historical wo...Read More
(Updates prices) * Gold edges down for a fifth straight session * Fed policy statement due at 1900 GMT * Platinum near more than 4-month highsBy Swati VermaBENGALURU, Nov 8 (Reuters) - Gold slid to a one-week low onThursday as the dollar firmed in the wake of the U.S. midtermelections, with market participants now awaiting clues on thepace of interest rate hikes from the U.S. Federal Reserve.The m...Read More
* Dollar extends recovery on post-election relief* China October copper imports fell, data shows (Recasts, adds detail, closing prices)By Maytaal AngelLONDON, Nov 8 (Reuters) - Copper steadied on Thursday astraders weighed an uptick in the dollar and a drop in China'simports of the metal against improved Chinese growth prospects.China, which consumes nearly half the world's copper,registered a 19...Read More
LONDON, Nov 8 (Reuters) - Credit rating agency Moody'swarned on Thursday that global economic growth was likely toslow in the next two years and that it expected the trade warbetween the United States and China to escalate further."We expect global growth to slow to under 3.0 percent in2019 and 2020, from an estimated 3.3 percent in 2017-18," theagency said in a new report.It added that...Read More
LONDON, Nov 8 (Reuters) - Italian government bond yieldsrose to a session high on Thursday, while the euro dipped afterthe European Commission cut Italy's growth forecast and said itanticipated a jump in the country's structural budget deficit.Italy's 10-year bond yield rose to 3.404 percent, up sixbasis points on the day . The euro turnednegative, slipping 0.1 percent to $1.1412 but remaining abo...Read More
"Will it take an outside disruptor to truly turn the business of #mining upside down? Find out in the #MiningDisrupted series: https://t.co/UwTZQtEkOM https://t.co/2hDMUwzaxi"Read full newsRead More
Published 22 Hours AgoUpdated5 Hours AgoReuters Gold eased to a one-week low on Thursday, as a recovery in the dollar and improved appetite for riskier assets pushed investors away from bullion.Spot gold fell 0.13 percent to $1,224.09 per ounce, after touching its lowest since Nov. 1 at $1,219.59 earlier in the session.U.S. gold futures for December delivery settled down $3.60 at $1,225.10 per oun...Read More
Casa Berardi has record low costsCompany Website: http://www.hecla-mining.comCOEUR D'ALENE, Idaho -- (Business Wire)Hecla Mining Company (NYSE:HL) today announced third quarter financial and operating results.HIGHLIGHTSNet loss applicable to common shareholders of $23.3 million, or $0.05 per share on lower prices of all four metals.Cost of sales and other direct production costs and depreciation,...Read More
Casa Berardi has record low costsCompany Website: http://www.hecla-mining.comCOEUR D'ALENE, Idaho -- (Business Wire)Hecla Mining Company (NYSE:HL) today announced third quarter financial and operating results.HIGHLIGHTSNet loss applicable to common shareholders of $23.3 million, or $0.05 per share on lower prices of all four metals.Cost of sales and other direct production costs and depreciation,...Read More
Gold is on the defensive, possibly due to gains in the greenback. The metal may suffer deeper losses below key rising trendline support. China trade data could influence the dollar index and gold. Gold is flashing red in Asia, possibly due to gains in the US dollar - gold's biggest nemesis. At press time, the yellow metal is trading at $1,225 - down 0.25 percent on the day - and the dollar i...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to introduce its fully automated, touch screen control continuous flow Ethanol Extractor System, the "BEAST".The BEAST is in its final stage of development and innovative engineering which culminated in this extraction system which can process massive amounts of biomass for the cannabis industry....Read More
Technical analyst Clive Maund charts silver and explains why he believes the metal's prospects are changing. Silver continues to be a singularly neglected and unloved investment, and has been for years now, but as we will proceed to see, this is not a situation that is likely to continue for much longer. On its 10-year chart we can see that silver has basically been moving sideways marking out a l...Read More
The precious metals sector continues to be viewed with disdain, posits technical analyst Clive Maund, who discusses the factors that he sees are behind changes in the market. The precious metals sector continues to be viewed with disdain and skepticism by the vast majority of investors, which is exactly what you want and expect to see at the earliest stages of a major bull market. However, the cha...Read More
Technical analyst Clive Maund tracks movements in the platinum, gold and silver markets.It was a very good day for the metals Friday, as they rose sharply in response to the dollar going into reverse after a sizable run-up. A very significant development was that platinum broke out of its Head-and-Shoulders bottom on strong volume, a move which we had expected that marks the start of a bull market...Read More
Gold is the metalof kings, the ultimate money, an eternal store of value, an untarnishableembodiment of beauty. Gold is all those things. But it is not the most valuablemetal you can own on a cost-per-ounce basis.Often, platinum commands a higher price than gold.Lately, platinum has traded at an abnormally large discount to the yellowmetal. Metals investorswho want to hold the most concentrated we...Read More
While mineral production has been hard hit in Canada's Prairie Provinces in line with the extended downturns in potash and uranium prices, the junior and mid-tier sector remains active in the region, with uranium and gold among the most favoured exploration and development targets. Here are profiles of eight such companies.APPIA ENERGYToronto-based junior Appia Energy (CSE: API; US-OTC: APAAF) is...Read More
Buy it: https://boomkat.com/products/the-blac..."Epic, brilliantly curated two hour collection of new and exclusive material celebrating iDEAL Recordings' (1998-2018) 20th anniversary featuring JASSS, Stephen O'Malley, Jim O'Rourke (an epic 17 minute trance-enducer - honestly worthy of its own LP), Ectoplasm Girls, Robert Aiki Aubrey Lowe, Prurient, Puce Mary and many others..."Artist(s): JASSS, J...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks rallied Wednesday to close near their highs of the day after Democrats won back control of the House of Representatives for the first time since since 2010.Twilio Inc. (TWLO) jumped 36% after the cloud communications company topped third-quarter earnings forecasts and raised its sales guidance.Michael Kors Holdings Ltd....Read More
Global nickel premiums were largely unchanged over the past week due to limited spot market activity, with market participants working to conclude long-term contract negotiations, Fastmarkets heard on Wednesday November 7. Chinese nickel premiums stable amid open import windowEuropean premiums stable with focus on long-term contractsUS premiums flat in subdued spot market. Chinese nickel premium s...Read More