Stornoway Diamond (TSX: SWY) and its creditors reached a deal that will see the Renard diamond mine operate during corporate restructuring, after the company's failure to generate positive free cash flow in 2019.In October, the Superior Court of Quebec granted Stornoway an approval and vesting order from, a key condition for the company to execute transactions outlined in a letter of intent announ...Read More
The second annual Diamonds in Canada Symposium, organized by The Northern Miner, took place in Toronto in June. This year's featured speakers included Chris Jennings, chairman of North Arrow Minerals, and Paul Zimnisky, independent diamond analyst and consultant. While the day was full of insights about the diamond market and diamond exploration and mining, three themes were particularly prominent...Read More
McEwen Mining (TSX: MUX; NYSE: MUX) has closed a public offering of US$50 million issuing 37.8 million units at $1.325 per unit.Each unit consists of one common share and one half of a warrant to buy one common share. Each full warrant can be exercised for one common share at $1.7225 per share within five years from the date of issuance.Underwriters have a 30-day option to buy an additional 5.7 mi...Read More
US takes long-term position on mineral supplySPONSOREDverisk maplecroftMacarthur's high-grade iron project set to rollSPONSOREDArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesManagement will no doubt be pleased with this year's third quarter, with figures for revenue, goods sold and profit all up year on year. ...Read More
Rick Rule, CEO of physical precious metals fund leader Sprott Asset Management, returns to Reluctant Preppers to answer YOUR questions on the Fed Bind Repos, what might happen to metals and mining shares during a major stock market selloff, tried & true principles for strategically protecting your family's financial future, investing, and more!Rick Rule, founder and chairman of Sprott Global Resou...Read More
The advance decline line is a reliable leading indicator. The GDX advance decline line is showing a strong positive divergence.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as The...Read More
It is the 56 anniversary of the assassination of John F. Kennedy. Not a story about it in the major media...New York Times, Wall Street Journal, CNN.com, etc. Also forgotten was President Trump's broken promise to release all the confidential files of John F. Kennedy's assassination by 26 April 2018.Here is the inside story told to me by then-Texas Gov. John Connally, who was seriously wounded whe...Read More
Jesse Ventura and producer Brigida Santos talk about Iran's shadow war with the United States in Iraq, and why Iranians are protesting in the streets. They also discuss how corporate welfare contributes to rising inequality. Jason Tetro, host of the "Super Awesome Science Show," joins the governor to talk about the rise of superbugs and antibiotic resistance. Jesse Ventura, is an American politici...Read More
Nov 25, 2019 Guest(s): Randy Smallwood Smallwood spoke to Kitco News earlier this month at the Metal Investor Forum in Vancouver. Despite gold's recent pullback, Smallwood notes that gold has been well supported by central bank buying."We haven't seen a retail push into precious metals yet. We've seen a bit, but not a lot. And when that happens, we will see a really big movement in the precious...Read More
Nov 25, 2019 Guest(s): Phillip Streible Senior Market Strategist, RJO Futures While the Federal Reserve seems to hold a neutral view of the economy in the medium-term, prominent investors like Ray Dalio, as well as central banks, are stockpiling safe haven and hedge assets to prepare for what they believe is a coming economic downturn, this according to Phil Streible, senior market strategist of...Read More
Today's guest, Kerry Lutz, shares his thoughts on the economy and why he thinks the financial system is in big trouble. During our discussion Kerry outlines the problems and then shares his approach towards preparing for an uncertain future. Read More
Don't try to catch a falling safe. Wait for it to hit the sidewalk. Let it bounce around for a bit and crack open. Then stop, walk over and pick up the money.Continue...Read More
China is slowly and surely going down the path of Japan. It is aging rapidly as bad bank debts pile up.Continue...Read More
The World Diamond Council (WDC) says governments have failed to reach consensus on a strengthened scope for the Kimberley Process (KP) during this year’s KP plenary meeting, which was held in India earlier this week.The meeting was expected to discuss the end of the KP’s three-year reform and review cycle, including the future of the much-anticipated reform agenda.AdvertisementThe KP i...Read More
Last week, I gave you a rundown of the single most important investment you can make: dividend stocks.Considering that I typically write about cannabis stocks, I'll quote a Bob Marley deep cut here:"In high tide or in low tide, I'll be by your side."That is the mighty dividend stock. There is no decent stock portfolio in the world that is complete without dividends.Much like a marriage, there isn'...Read More
"They have all become openly hostile to views unapproved by the establishment," Sanger says. "Let's fix this."Continue...Read More
Michael Konnert, President CEO of Vizsla Resources Corp. (TSX-V:VZLA) and John Kaiser of Kaiser Research Online discuss the company's Panuco Silver-Gold project located in one of the largest, most important historic mining districts in Mexico at the Metals Investor Forum on Nov 15-16, 2019 in Vancouver, BC.____________________________________________________________The companies presenting at the...Read More
Rick Rule, president and CEO of Sprott US Holdings, provides his insights on today's junior resource market and mentions his favorite thing he wants to see in a stock he likes. Rick shares how to profit from the illiquidity and inefficiency of the junior mining sector.He comments on whether the uptick rule should be reinstated on the TSXV and what retail mining investors should know about private...Read More
Legendary Canadian investor Eric Sprott discusses the precious metals markets and the mining industry. He also answers listener questions regarding a few specific mining companies.Send your questions to submissions@sprottmoney.com or visit www.sprottmoney.comRead More
Harry Dent joins us from Australia this week to chat about the markets as we continue to see the market edging up despite volatility. Watch now & sign up to the Economy & Markets free newsletter: https://economyandmarkets.com/ Like Us on Facebook: https://www.facebook.com/EconomyMarkets/ Follow Us on Twitter: https://twitter.com/economymarketsFollow us on Instagram: https://www.instagram.com/econo...Read More