Commodities Analysis by Steve St. Angelo covering: XAU/USD, Gold Futures. Read Steve St. Angelo's latest article on Investing.comRead full newsRead More
Commodities Analysis by Steve St. Angelo covering: XAU/USD, Gold Futures. Read Steve St. Angelo's latest article on Investing.comRead full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, there was not a lot of volatility in the Index and it moved in a very tight range. The INK CIN climbed as high as 1287.34 intraday but closed the week at 1283.47 for a 5.6 point gain.RSI added 2.8 points to 59.8 and remains capped sub-60 and in the range where we typically see...Read More
Argentinian lithium producer Orocobre (TSX: ORL) recently reported lower than expected lithium production in its third fiscal quarter because weather interfered with its evaporation rates of its lithium brines. This reveals two problems with lithium brine production: reliability and geography. Another source of lithium is rising to met these problems, hard rock lithium mining. One analyst pointe...Read More
Gold is sliding back towards US$1,300 per ounce, and investors are wondering if more downside could be on the way.Let's take look at the current situation to see if the pullback is an opportunity to buy or a signal to stay on the sidelines.Interest rate outlookA number of factors can impact the price of gold, including interest rate moves in the United States.The generally accepted theory is that...Read More
It was music to gold bug ears.We've all heard the seemingly shocking or outrageous price targets for Gold. So it's not new.But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot.Gundlach's comment was included in every piece of Gold literature that recently crossed my desk. No doubt, if Gold starts breaking to the upside, Gundlach's...Read More
Precious metal streaming companies, such as Wheaton Precious Metals Corp. (TSX:WPM)(NYSE:WPM), hold massive appeal and opportunity for investors that are looking to enter the volatile, yet lucrative precious metals market.New and seasoned investors may realize that there are significant differences between a streamer and a miner, but they may not understand how that difference can translate into m...Read More
It took the company a few months to find a replacement for Giulio Bonifacio, but Nevada Copper (NCU.TO) has now announced Matthew Gili has been appointed as new CEO of the company, starting on May 1st.Gili might not be very well known, but his credentials appear to be very strong. He's coming over from Barrick Gold (ABX, ABX.TO) where he was the Executive General Manager for the Cortez district in...Read More
Bill Beament says Northern Star Resources shareholders should be gearing up for a surge in free cashflow as the company reaches its targeted run-rate of 600,000 ounces per annum of gold.Kristie Batten* Bill Beament says Northern Star's free cashflow will soar30 APRIL 201830/04/2018commentsshareGold sold in the March quarter was 119,976oz at all-in sustaining costs of A$1,075 per ounce, taking...Read More
Core Gold (CGLD.TO) has now closed the US$1.6M bridge loan provided by Credipresto, a company related to Javier Reyes, one of its directors. The proceeds were already advanced to the company in January 2018, and the deal has now been 'officialized'. Credipresto was also awarded 800,000 share purchase warrants in Core Gold, with a strike price of C$0.365 per warrant.Core Gold will very likely publi...Read More
A gravity survey site at Belmont's Kibby Basin lithium project in the Monte Cristo Valley Groundwater Basin in Esmeralda County, Nevada. Source: Belmont Resources Inc.Belmont Resources Inc. [BEA-TSXV] said Monday April 30 that it has entered into a consulting contract with Nevada Water Solutions of Reno to file for water rights to support future potential groundwater (brine) development for the e...Read More
Syrah Resources (ASX: SYR) is aiming for the low end of 2018 production guidance of 160,000-180,000 tonnes of graphite, with 75% of that output expected in the second half of the year after a slow first quarter at the new Balama operation in Mozambique.Michael Quinn Big second half expected from Balama operation.30 APRIL 201830/04/2018commentsshare First quarter production totalled 11,200t, with i...Read More
Cobalt Power Group Inc. (TSXV:CPO), a cobalt explorer, jumped after announcing the acquisition of Western Cobalt Corp.Sean Mason | April 30, 2018 | SmallCapPowerMore consolidation in the cobalt patch powered shares of a cobalt explorer Monday. Here's some small stocks making big moves Monday, April 30, 2018 (as of 4 pm EST):Cobalt Power Group Inc. (TSXV:CPO) shares rose 10% to $0.215 on Monday...Read More
The milling facility at Pan American's Huaron Mine in Peru. Source: Pan American Silver Corp.Pan American Silver Corp. [PAAS-TSX, NASDAQ] said operations at its Huaron Mine in Peru have been suspended since April 24, 2018, as a result of road blockades instituted by members of the nearby Huayllay community.The announcement came after the close of trading Friday, April 27, 2018.Pan American said t...Read More
This edition of the Ubika Blockchain & Cryptocurrency Report outlines the latest industry news along with company-specific developments over the past couple of monthsThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?Welcome to the third edition of the Ubika Blockchain & Cryptocurrency Report. This edition outlines the latest industry news, cryptocurrency price...Read More
The Conference Board of Canada says more than a decade's worth of good times are on their way for northern miners.In a report released Monday, the economic think tank suggests a rebirth in mining will drive growth in the three Arctic territories that exceeds the Canadian average at least until 2025.But the 20-year forecast says the boom won't be evenly spread. Yukon and Nunavut will enjoy the gre...Read More
The TSX stocks on our list have averaged 211% revenue growth over the past three yearsSmallCapPower | April 30, 2018: As the TSX remains relatively range-bound, companies that have seen reliable growth could appear especially attractive. The TSX stocks on our list today have generated average revenue growth of 211%, outperforming their Canadian peers, which have returned a median of 6%.Tidewater M...Read More
The U.S. dollar got a big boost last week. Everyone was cheering it.Over the past 14 days, the U.S. Dollar Index, which tracks the greenback against a basket of six foreign currencies, has increased as much as 2.8%.Is the U.S. dollar's bear market finally over?After sitting nearly dormant since the beginning of the year, the USD market has seen a lot of action over the past several days. Last week...Read More
Vancouver, British Columbia - April 30, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Lucky Minerals Inc. (TSXV: LJ) (OTCQB: LKMNF) (FSE: 8LM) ("Lucky" or the "Company") is pleased to announce that, further to the Company's news release of April 11, 2018, it has entered into a share exchange agreement ("Share Exchange Agreement") with Monterra S.A. ("Monterra") in order to acquire Goldmindex...Read More
Folks are up in arms today after hearing the news ...According to Reuters, the EPA has granted a financial hardship waiver to an oil refinery owned by Carl Icahn.As you likely know, Icahn's got a fat wallet and an I.O.U. from Trump for being an "advisor," so this news shouldn't come as a surprise.The Reuters piece noted that the waiver enables Icahn's CVR Energy Inc to avoid tens of millions of do...Read More