(IDEX Online) - The priceless yellow Tiffany Diamond is to make a new screen appearance, in Kenneth Branagh's new movie Death on the Nile.The cushion-shape brilliant, weighing 128.54 carats with an unprecedented 82 facets - 24 more facets than usual - was discovered at the Kimberley diamond mines in South Africa in 1877.Audrey Hepburn wore it in publicity photographs the 1961 classic Breakfas...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesKalahari Metals (KML), the 100% owner of the ground, is 62%-owned by Cobre's major shareholder Metal Tiger, with the balance held by six other shareholders. Cobre will issue 21.Read More
Amazon (AMZN), a NASDAQ 100 stock moved above $3,344.29 to an all-time high extending an intermediate uptrend. Autodesk (ADSK), a NASDAQ 100 stock moved above $251.39 to an all-time high extending an intermediate uptrend. Twitter (TWTR), a NASDAQ 100 stock moved above $40.26 extending an intermediate uptrend. Abbott Labs (ABT), an S&P 100 stock moved above $102.89 to an all-time high extending...Read More
August 24, 2020 - Brixton Metals Corporation (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has entered into a purchase agreement to acquire a 100% interest in the Metla mineral claim group of 6,413 hectares from Stuhini Exploration Ltd., TSXV:STU ("Stuhini") for consideration of 1,200,000 common shares of Brixton and CAD $42,000 in cash (subject to the accep...Read More
The U.S. Army Corps of Engineers (USACE) has ordered Northern Dynasty Minerals (TSX: NDM) to craft a plan that would mitigate environmental impacts of its proposed Pebble copper-gold-molybdenum mine in Alaska.In a letter dated August 20 to the project's developer, Pebble Limited Partnership, USACE said that "mitigation is required for unavoidable adverse impacts to aquatic resources" the project c...Read More
Nomad Royalty (TSX: NSR; US:OTC: NSRXF) has entered into a definitive arrangement agreement to acquire Coral Gold (TSXV: CLH; US-OTC: CLHRF) in a cash and share deal valued at US$45.8 million as the company looks to grow its royalty portfolio.Through this transaction, Nomad is adding an uncapped, sliding scale (ranging from 1% to 2.25%) net smelter return royalty (NSR) on Nevada Gold Mines' Robert...Read More
Rio Tinto's (NYSE: RIO; LSE: RIO) top bosses will pay millions of dollars for the destruction of two ancient caves in Australia as the group has decided to cut short-term bonuses of some senior executives following an internal review.Chief executive Jean-S?(C)bastien Jacques will lose almost US$5 million ( ?3.7 million) in bonuses and the head of the iron ore business, Chris Salisbury, will see hi...Read More
Midland Exploration (TSXV: MD) says it has struck a new funding deal with a subsidiary of BHP (NYSE: BHP; LSE: BHP) for nickel exploration activities in northern Quebec.BHP's unit, Rio Algom Ltd., will fund 100% of Midland's exploration for the battery metal within the Nunavik territory up to $1.4 million (US$1.06 million), on an annual basis, for a minimum of two years.The objective, the junior s...Read More
The S&P/TSX Composite Index rose 0.02% to 16,517.85 during the Aug. 17-21 trading week. The S&P/TSX Global Mining Index fell 0.18% to 99.07, and the S&P/TSX Global Base Metals Index dropped 0.41% to 102.77. Spot gold fell US$2.40 per oz., or 0.12%, to US$1,942.40 per oz., while the S&P/TSX Global Gold Index increased by 1.88% to 376.18.Canarc Resources' shares jumped 18.18% to 13 ?. The company an...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyLithium no quiet place for AVZSPONSOREDavz mineralsScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25The numbers from Fortescue for its June 30 financial year are impressive. Net profit up 49% on the previous year to US$4.7 billion f...Read More
Aug 25, 2020 Guest(s): Trevor Raymond Head of Research, World Platinum Investment Council The gold market is struggling to find new buying momentum after it was unable to hold the critical psychological support around $2,000 an ounce, and one market analysts says that now is a good time for investors to look down the value chain in the precious metals market. It's not just gold that looks expens...Read More
In a August 20 presentation focused on attracting foreign direct investment (FDI), the minister spoke of the positive fiscal impact mining has had (coal) and will have (gold) in the country withoutRead More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe mill restarted last week and has 160,000 tons of stockpiled material on hand for processing. More development ore and subsequent stope ore will be hoisted through the East North Ventilation Shaft until final outfitting work on the main shaft is completed, which is expected by year end.The operation is expected to produce up to...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Lithium no quiet place for AVZSPONSOREDavz mineralsThe US Army Corps of Engineers sent a letter to Northern Dynasty subsidiary the Pebble Limited Partnership on Monday, asking for the...Read More
The Dow Jones Industrial Average fell 0.003% to finish the week at 27,930.33 and the S&P 500 rose 0.72% to 3,397.16. Spot gold climbed US$2.40 per oz., or 0.12%, to US$1,942.40 per ounce.Kirkland Lake Gold advanced 5.97% to US$70.08 per share. The company announced a strategic alliance agreement between the company and its wholly-owned indirectly held subsidiary St. Andrew Goldfields and Newmont C...Read More
The S&P/TSX Venture Composite Index fell by 1% to finish the August 17-21 trading week at 730.31, with spot gold finishing the week at US$1,942.40 per oz., a rise of US$2.40 per oz. from the previous week.Shares of Amex Exploration climbed 7.03% to $3.50 per share. The company announced a $9.36 million bought deal financing with a syndicate of underwriters led by PI Financial. The syndicate...Read More
Nothing matters until it does.Consider this: 95% of S&P 500 companies have reported earnings. GAAP earnings are down 50% over the last year with S&P 500 sales down 11%.Despite that, the S&P 500 continues to hit all-time highs which begs the question, what if that 95% start having better quarters?Does the S&P soar higher? What if the five stocks that have driven the rally pull back. Is that even po...Read More
"Powerful Deflationary Winds" Include a "Bust in Commodity Prices"Elliott Wave International's analysts have posited that the next big global monetary event will be deflation, not inflation.The writer of an August 18 Telegraph article also sees "powerful deflationary winds." Here's an excerpt:Talk of resurgent global inflation is mostly noise. Powerful deflationary winds continue to blow through t...Read More
When I founded BMG Group Inc. (formerly Bullion Management Group Inc. – BMG) over 20 years ago, I thought that my main challenge would be to get approval for our first fund from the Ontario Securities Commission (OSC). My premise was that there was no approved way for retail investors to hold bullion in their RRSPs and other registered accounts. In addition, I wanted to structure the fund in...Read More
August 24, 2020 - Brixton Metals Corporation (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has entered into a purchase agreement to acquire a 100% interest in the Metla mineral claim group of 6,413 hectares from Stuhini Exploration Ltd., TSXV:STU ("Stuhini") for consideration of 1,200,000 common shares of Brixton and CAD $42,000 in cash (subject to the accep...Read More