This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Friday was an 88-88-118 draw. The TSX Venture Exchange fell one point to 769 while polished diamond prices were flat. Ken MacNeill and George Read's Star Diamond Corp. (DIAM), which briefly nosed...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 1.41 points to 769.15 Friday, ending the week down 27.52 points. Two capital pool shells listed today. First, Arif Shivji's Predator Blockchain Capital Corp. (PRED) opened at 28 cents and closed at 24 cent...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold gained $7.20 to $1,333.40 on Friday. The TSX Venture Exchange dropped 1.41 points to 769.15 while the TSX Gold Index added 1.54 points to 185.95. Most Canadian gold miners moved little today. Agnico Eagle Mines Ltd....Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellSunoil Ltd. has dropped a lawsuit that it was pursuing in the Supreme Court of British Columbia against its former chairman, Robert Gardner. The company had claimed that Mr. Gardner and others fraudulently misrepresented the value of a property called...Read More
During a legislative forum organized by the Dominican Republic's Lower Chamber in the city of Cotu?-, which is located in the central province of S??nchez Ram?-rez, residents, community members and activist groups said that the federal government should transfer the province 5 per cent of the royalties it receives from Barrick Gold and that MPs should push for this to happen.Barrick (NYSE, TSX:ABX...Read More
CBLT Inc. (TSXV: CBLT) announced that it will sell two claims in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario to Australian miner Krakatoa Resources (ASE:KTA).In a press release, the Burlington-based company explained that the claims are located peripheral to a cluster of former silver-cobalt mines at Gowganda, 85 kilometres northwest of the town of Cobalt, whose mines ope...Read More
Uranium has been mired in a protracted slump since 2011 and despite claims by some pundits that a rally is looming, its price continues to fall, leaving it down by 12% over the last year. This has had a deleterious impact on uranium miners, with many - including the world's largest publicly traded uranium miner Cameco Corp. (TSX:CCO)(NYSE:CCJ) shuttering mines and slashing production to reduce cos...Read More
Market jitters and the threat of a trade war with China have helped drive gold higher in recent weeks. There is every sign that it will move higher, as fears of a market correction and growing economic as well as geopolitical uncertainty weighs on financial markets. This makes Osisko Gold Royalties Ltd. (TSX:OR)(NYSE:OR) an attractive investment, especially considering that it has pulled back in r...Read More
This commentary is emphatically not an endorsement of Trump as President. I have not voted since 1992 because, when the system gives the public a Hobson's Choice, voting is pointless.An age-old adage states that "people vote with their wallets." The chart below suggests that this adage held true in 2016:The graphic above (sourced from Northman Trader) was prepared by Deutsche Bank and the da...Read More
Three known copper-rich Kuroko-type VMS deposits, aligned in a westerly-plunging linear trendAs part of the previously announced precious metals purchasing agreement with Wheaton Precious Metals (WPM.TO, WPM), Kutcho Copper (KC.V) has now received a first tranche of US$3.5M (C$4.5M using the current exchange rate). The payment was made right in time before the field season kicks off, and Kutcho Co...Read More
First Cobalt (FCC.V) has found more cobalt in two new holes it has completed at the Woods Extension zone in the Canadian Cobalt Camp. The intervals are relatively short (0.65 and 0.3 meters) but the grades (respectively 0.47% Cobalt and 0.50% copper and 0.77% Cobalt and 2.67% Nickel) are very interesting as one hole seems to have intersected a cobalt-copper zone whilst the other hole was drilled i...Read More
On April 3rd the Department of Homeland Security posted an ad to FedBizOpps.gov (Federal Business Opportunities). That is the government’s website where they post contractor work.DHS is looking for “Media Monitoring Services.”They want a database with built-in search and alert features. The DHS is looking for something that they can search to see which publications, journalists,...Read More
Interesting Times Arrive"Things sure are getting exciting again, ain't they?" The remark was made by a colleague on Tuesday morning, as we stepped off the elevator to grab a cup of coffee. Ancient Chinese curse alert... [PT] "One moment markets are gorging on financial slop like fat pigs in mud. The next they're collectively vomiting on themselves. I'll tell you one thing. President Trump'...Read More
Peter Munk in 2007In this episode Northern Miner editor-in-chief John Cumming and senior staff writer Trish Saywell take a look back at the remarkable life and career of Barrick Gold founder Peter Munk, who died on March 28.From humble origins as a immigrant to Canada, Munk showed an acute business savvy that shone bright through a series of ventures that ranged from consumer electronics and South...Read More
The stock market built on Wednesday's reversal and rallied Thursday, ahead of Friday's key jobs report. Investors were hoping for a strong jobs report, so we saw more short covering again on Thursday.It turned out to be a disappointing report. Forecasters were only looking for 170K or so new jobs in March versus the 313K new jobs reported last month. The report showed only 103K.A low jobs report c...Read More
On April 3rd the Department of Homeland Security posted an ad to FedBizOpps.gov (Federal Business Opportunities). That is the government’s website where they post contractor work.DHS is looking for “Media Monitoring Services.”They want a database with built-in search and alert features. The DHS is looking for something that they can search to see which publications, journalists,...Read More
On April 3rd the Department of Homeland Security posted an ad to FedBizOpps.gov (Federal Business Opportunities). That is the government’s website where they post contractor work.DHS is looking for “Media Monitoring Services.”They want a database with built-in search and alert features. The DHS is looking for something that they can search to see which publications, journalists,...Read More
Red Pine Exploration Inc. (TSXV:RPX) ('Red Pine' or the 'Company') announces that is has completed a non-brokered private placement of 10,526,315 units (the "Units") of the Company for gross proceeds of approximately $1,000,000 (the "Offering"). Red Cloud Klondike Strike Inc. acted as the finder in connection with the Offering (the "Finder").Read full newsRead More
Aben Resources Ltd. (TSXV:ABN) (OTCBB:ABNAF) (Frankfurt:E2L2) (the "Company") announces a non-brokered private placement of up to 4,000,000 units at a price of $0.125 each to raise gross proceeds of up to $500,000.Read full newsRead More
CloseGain/LossOn WeekGold $1333.00+$6.70+0.54%Silver$16.36-$0.03+0.12%XAU81.54+0.09%+0.52%HUI177.59+0.71%+1.24%GDM616.10+0.66%+0.61%JSE Gold1118.06+32.49-0.83%USD90.10-0.38+0.04%Euro122.83+0.45-0.17%Yen93.61+0.51-0.47%Oil$63.54-$1.48-2.16%10-Year2.777%-0.059+1.28%Bond146.03125+1.125-0.26%Dow23932.76-2.34%-0.71%Nasdaq6915.11-2.28%-2.10%S&P2604.47-2.19%-1.38% The Metals: Gold fell $6 to $132...Read More