Yesterday we wrote that gold has had trouble holding a rally and Tuesday proved our point. Although gold rallied about $6, the rally was weak and not convincing. If gold was strong, the rally should have been stronger, but all it really did was hover around the bottom end of the range. With all of the turmoil and the equities experiencing a turnaround Tuesday, I would have expected a better rally...Read More
Suncor Energy (TSX:SU), Canada's largest oil and gas producer by market capitalization, said Wednesday an eight-week maintenance project at its Syncrude facility will begin Thursday almost three weeks ahead than originally planned.The Calgary-based company said advancing the turnaround will allow Syncrude to deal with an unrelated issue, which has been limiting capacity on a line that feeds bitum...Read More
Mr. B. Matthew Hornor reportsMAPLE GOLD TARGETS NEW DISCOVERY WITH DIAMOND DRILLING NOW UNDERWAY AT THE NE SYENITE TARGETA drill rig has arrived and is now turning at the northeast syenite target, where Maple Gold Mines Ltd. plans to complete approximately 10 drill holes during the current campaign. The virtually untested northeast syenite target includes the same host rocks as much of the current...Read More
Mr. B. Matthew Hornor reportsMAPLE GOLD TARGETS NEW DISCOVERY WITH DIAMOND DRILLING NOW UNDERWAY AT THE NE SYENITE TARGETA drill rig has arrived and is now turning at the northeast syenite target, where Maple Gold Mines Ltd. plans to complete approximately 10 drill holes during the current campaign. The virtually untested northeast syenite target includes the same host rocks as much of the current...Read More
We are 50 days into 2018, and already it has been a turbulent year for stocks. The S&P 500 Index (SPX) was up over 7% within the first month of trading, but quickly reversed and found itself down on the year by nearly 4%. It has bounced back strong in March, sitting at a year-to-date gain of about 4% -- which has been the norm since 2010. Performance-wise, the S&P 500 has been no match for the Nas...Read More
Great Atlantic Purchases Portable Gold Mining PlantVancouver, British Columbia (FSCwire) - Great Atlantic Resources Corp. (the "Company" or "Great Atlantic") (GR: TSXV) is pleased to announce it has purchased a turnkey portable Gold mining plant from an independent third party for $99,000. Great AtlanticRead full newsRead More
Canada's First Cobalt Corp. (TSX-V:FCC) (ASX:FCC) is strengthening its position in the cobalt market by acquiring explorer US Cobalt and so create a pure-play North American-focused miner of the metal, a key component in computer chips, mobile phones and lithium-ion batteries that power electric vehicles (EVs).The blended company will have projects in Ontario and Idaho which, once in operations, c...Read More
Canada's First Cobalt Corp. (TSX-V:FCC) (ASX:FCC) is strengthening its position in the cobalt market by acquiring explorer US Cobalt and so create a pure-play North American-focused miner of the metal, a key component in computer chips, mobile phones and lithium-ion batteries that power electric vehicles (EVs).The blended company will have projects in Ontario and Idaho which, once in operations, c...Read More
Canada's First Cobalt Corp. (TSX-V:FCC) (ASX:FCC) is strengthening its position in the cobalt market by acquiring explorer US Cobalt and so create a pure-play North American-focused miner of the metal, a key component in computer chips, mobile phones and lithium-ion batteries that power electric vehicles (EVs).The blended company will have projects in Ontario and Idaho which, once in operations, c...Read More
Samsung C&T Corp., an affiliate of the world's biggest smartphone maker, is in talks for a multi-year deal to buy cobalt from a Congolese miner, joining Apple Inc. in the global rush to secure supplies of the metal at the heart of the electric-car boom.Read full newsRead More
The Attorney General of South Carolina has served a cease and desist order on Genesis Mining. In documents filed before its Securities Commissioner, it has declared cloud mining contracts to be securities, in a move that could have repercussions beyond the confines of the Palmetto State. Also read: 'Cryptomatoes' Using Excess Mining Heat to Grow Produce ...Read full newsRead More
Barrick Gold (ABX+2%) jumps after RBC Capital upgrades shares to Outperform from Sector Perform with a $16 price target, arguing ABX's cost guidance and declining production profile already are priced in, and the current valuation puts the stock at an attractive entry point. Meanwhile, RBC downgrades Newmont Mining (NEM-0.1%) to Underperform from Sector Perform and trims its price target to $1...Read More
RBC Capital Markets think the two stocks are on different trajectoriesRead full newsRead More
Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren't too happy about it.Read full newsRead More
Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, International Business Machines, US Dollar Index Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
Great Atlantic Purchases Portable Gold Mining PlantVancouver, British Columbia (FSCwire) - Great Atlantic Resources Corp. (the "Company" or "Great Atlantic") (GR: TSXV) is pleased to announce it has purchased a turnkey portable Gold mining plant from an independent third party for $99,000. Great AtlanticRead full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed Tuesday more than 1,600 points below its all-time high of 26,616 set on Jan. 26. The Nasdaq on Tuesday snapped a seven-session winning streak.The S&P 500 is now more than 100 points from its all-time high of 2,872 set on Jan. 26. Wall Street Overview Stocks declined on Tuesday, March 13, after...Read More
The prices of gold increased as fears over a massive trade war drove the value of the US dollar down and stimulated demand for safe haven assets. The threat to a looming trade war began when President Donald Trump decided to impose taxes on aluminum and steel imports. The taxes on both materials prevented the greenback from enjoying a seven-week high."The risk of trade wars, which could impac...Read More
Global stocks were steady Tuesday, with modest gains in Asia and Europe, as investors begin to cost the impact of President Donald Trump's increasingly protectionist stance on business activity in the world's largest economy. Wall Street futures were also largely flat from last night's closing levels, which saw markets slump on the back of steep losses for industrial heavyweights such as Boeing...Read More