Stocks Analysis by Sean Mason, SmallCapPower.com covering: XAU/USD, Gold Futures, Copper Futures, Barrick Gold Corporation. Read Sean Mason, SmallCapPower.com's latest article on Investing.comRead full newsRead More
Stocks Analysis by Sean Mason, SmallCapPower.com covering: XAU/USD, Gold Futures, Copper Futures, Barrick Gold Corporation. Read Sean Mason, SmallCapPower.com's latest article on Investing.comRead full newsRead More
Australia's Lucapa Diamond (ASX:LOM) has found a 25-carat yellow gem diamond at its 70%-owned Mothae mine in Lesotho, adding that the stone was recovered during the first two days of trial processing at the project.The yellow diamond was unearthed from the Neck zone of the Mothae kimberlite, which is not part of the current 1 million carat Joint Ore Reserves Committee-compliant (JORC) resource, th...Read More
"FPX Nickel Corp's President & CEO Martin Turenne provides an overview of our Decar #Nickel District in this video interview, filmed May 2018 in New York City https://t.co/PcIQi5Hk82"Read full newsRead More
Rio Tinto's copper and diamond chief executive Arnaud Soirat has put pressure on Mongolia to support its planned $5.3 billion Oyu Tolgoi mine underground expansion, saying foreign companies will be looking at it as a "test case" for future investment.During his presentation at the Mongolia Economic Forum on Tuesday, the executive said the landlocked, mineral-rich country had all ingredients to b...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, it took just two days for the INK Canadian Insider Index to close above 1300. Once that was done, it didn't look back. The Index continued to climb and ultimately ended the week with a new all-time closing high of 1316.20 for a gain of 17.15 points or 1.3%.Our short term momen...Read More
The major gold miners' stocks are still largely grinding sideways, mired in a bearish sentiment wasteland. Traders tend to assume low stock prices must be righteous, reflecting weak fundamentals rather than poor psychology. But once a quarter earnings seasons' bright fundamental sunlight parts the obscuring fogs of popular sentiment. The gold miners' just-reported Q1'18 results prove they rema...Read More
Gold is back below US$1,300 per ounce, and investors are wondering if the downward trend is going to continue through the end of 2018.Let's take a look at the current situation to see if this is a good time to own Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) or any of the other miners.Gold volatilityGold peaked around US$1,900 per ounce back in September 2011. It then went into an extended downturn, bot...Read More
From the start of 2017, Katanga Mining Ltd. (TSX:KAT) stock has appreciated as much as 15 times when it hit a peak of ~$2.50 per share! The company has the potential to become Africa's largest copper producer and the world's largest cobalt producer.Cobalt is what investors are interested in, as it is an essential element for batteries in electric cars. And there's a long runway for the conversion...Read More
Someone or some entity - likely a hedge fund - bought 4500 September $35-strike puts on XHB on Thursday last week when XHB was trading just above $39. That's a $225,000 speculative bet that the XHB drops more than 15% by mid-September.This morning Toll Brothers stock plunged over 7% this morning after reporting its FY Q2 earnings, missing the Wall Street brain trust consensus estimates on both rev...Read More
Two gold nuggets recovered from Pacton Gold's Arrow Project in the Pilbara region of Western Australia. Source: Pacton Gold Inc.Pacton Gold Inc. [PAC-TSXV; PACXF-OTC] shares rallied sharply Tuesday May 22 after the company said it has become the third largest land holder in Australia's Pilbara Gold Rush. The company said it has significantly expanded its gold-bearing conglomerate portfolio.Investo...Read More
Nighthawk Gold's exploration camp for its Colomac Project in the Northwest Territories. Source: Nighthawk Gold Corp.Nighthawk Gold Corp. [NHK-TSXV; MINZF-OTC] on Tuesday May 22 announced results from ongoing preliminary testwork its 100%-owned Colomac gold project in the Northwest Territories.Nighthawk Gold is taking a fresh look at Colomac amid speculation that former operator Royal Oak Mines may...Read More
Notes: 1. $/t is based on milling ore throughput of 2.5 Mtpa. 2. $/t is based on heap leach ore throughput of 3.0 Mtpa. 3. $/t is based on total throughput of 5.5 Mtpa. 4. Includes consumables for common elution, carbon regeneration & gold room areas. 5. Includes power for elution and carbon regeneration of carbon from heap leach and mill, gold room, and mine surface loads 6. Figures are round...Read More
Get ready for an expensive summer...The price of oil is still powering higher. Crude prices have increased over 15% since the beginning of April. And it seems there's nothing to slow down oil's march back to $100 per barrel.That's probably going to mean the cost of everything will be going up.Gas prices are already expected to break record highs this summer. The nationwide average for gas is alrea...Read More
May 22, 2018 (Investorideas.com Newswire) Calling it "one of the hottest exploration regions in Canada," Thibaut Lepouttre of Caesars Report describes how one company is preparing for the short summer exploration season.One of the hottest Canadian exploration regions in Canada in the past few years has been the Golden Triangle in British Columbia. Unfortunately the exploration season is pretty sho...Read More
Toronto, Ontario - May 22, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to provide an update on exploration at the San Javier Project.Samples taken from the northeast portion of the San Javier mineralized corridor (SRMC) returned high grade silver results of up to 625 g/t Ag over 1.5 metres from breccias at the Chi...Read More
Via Sovereignman.comWe just finished a really -sensational- conference here in San Juan over the weekend showcasing Puerto Rico... with all of its challenges and opportunities.We've talked about this before- Puerto Rico is an attractive place to live and do business thanks to some forward thinking tax incentives which stem from its unique status as a US territory.All US territories, including Puer...Read More
Tightening Credit MarketsDaylight extends a little further into the evening with each passing day. Moods ease. Contentment rises. These are some of the many delights the northern hemisphere has to offer this time of year. As summer approaches, and dispositions loosen, something less amiable is happening. Credit markets are tightening. The yield on the 10-Year Treasury note has exceeded 3...Read More
Toronto, Ontario - May 22, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Palamina Corp. (TSXV: PA) has contracted New-Sense Geophysics Limited to conduct heliborne geophysical aeromagnetic-radiometric surveys on its Coasa, Gaban and Cori gold projects in south-eastern Peru. To date Palamina has acquired 5 projects in the Puno Orogenic Gold Belt ("POGB") including Coasa, Gaban and Cori. Known...Read More
May 22, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund looks at gold, silver and the dollar after reviewing the latest COT Charts.Gold's breach of nearby support last week freaked out some longs of a nervous disposition, but it did no technical damage of any significance, as we can see on our latest 3-year shown chart below on which we can observe that it is still above important...Read More