The SEC continues to exercise its powerful enforcement tool - internal controls violations - in FCPA enforcement actions against public companies. Kinross Gold Corporation is the latest company...Read full newsRead More
From Adem Tumerkan: Most investors just buy and forget about their stocks. Expecting that in a couple decades that their nest-egg will be huge enough so they caRead full newsRead More
Bitcoin and other cryptocurrency miners have created a dearth of mid-range and high-end GPU cards that are selling for twice as much as suggested retail. The reason: miners are setting up server farms with the cards.Read full newsRead More
U.S. government officials are moving forward with a plan to block new gold mining claims in the mountains north of Yellowstone National Park with the release March 29 of a draft analysis of the pro...Read full newsRead More
Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) has won a key battle in its ongoing row with Greece after an arbitration panel ruled in favour of the company's plans to build a plant for treating concentrates form the Olympias and Skouries projects, in the country's north.The panel rejected allegations that a technical study submitted by Eldorado was deficient and in violation of a transfer contract an...Read More
A woman many viewed as a gold digger when she married then-Zimbabwe president Robert Mugabe faced off against literal gold diggers this week who allegedly worked illegally on her farm.At former first lady Grace Mugabe's farm in Mazowe, just north of the capital Harare, hundreds of workers allegedlyRead full newsRead More
Another University of Queensland-spawned technology start-up has set its sights on international growth - including in the mining market - after receiving A$4.8 million of funding from Blackbird Ventures, Telstra Ventures and Skip Capital.Staff reporter MOVUS machine sensor04 APRIL 201804/04/2018commentsshare Telstra Mining Services is one group said to be keen on Brisbane-based industrial Interne...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
On Tuesday copper for delivery in May advanced to a two-week high on the Comex market in New York at $3.065 per pound or $6,755 a tonne after positive manufacturing data from China, the globe's number one metals consumer.Copper is still down 8% so far in 2018 and the bellwether metal's dimmer prospects is nowhere more evident than on derivatives markets and the shift in positioning of large-scal...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 Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a horrid 44-108-138. The TSX Venture Exchange fell 14 points to 769 while polished diamond prices were flat. Guy Bourassa's Nemaska Lithium Inc. (NMX) dropped 13 cents to $1.12 on 4.8...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 fell $8.60 to $1,332.00 on Tuesday. The TSX Venture Exchange dropped 14.33 points to 769.30 while the TSX Gold Index fell 4.34 points to 185.20. Most Canadian gold miners lost ground today. Premier Gold Mines Ltd. (P...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 Reporter West Texas Intermediate crude for May delivery gained 50 cents to $63.51 on the New York Merc, while Brent for June gained 48 cents to $68.12 (all figures in this para U.S.). There is no open interest on Western Canadian Select future...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 14.33 points to 769.30 Tuesday. Jonathan Younie's Baetis Ventures Ltd. (BATS) plans to acquire RE Royalties Ltd. as its qualifying transaction. RE was founded by Bernard Tan and Marchand Snyman, both of Hu...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 CaswellScotia Capital Inc. is facing a wrongful dismissal lawsuit in the Supreme Court of British Columbia from Duncan Todd Ferguson, its former managing director for Western Canada. According to the suit, Scotia Capital fired Mr. Ferguson from his $1-millio...Read More
Perseus Mining (ASX,TSX:PRU) announced that that the ramp-up of operations at its Sissingu?(C) gold mine in northern Cote d'Ivoire has been completed ahead of schedule and the mine has now entered commercial production.Sissingu?(C) is located southeast of the 7Moz Morila gold mine and northwest of the 4.3Moz Tongon deposit. It is estimated to produce 358,000 ounces over the 5-year life of mine, in...Read More
Silver Bear Resources (TSX:SBR) announced that construction of its Mangazeisky project in Russia is almost done and that plans to go forward with a first silver production early in the second quarter of 2018 are on track. Mangazeisky is located 400 km north of Yakutsk, in the eastern Republic of Sakha, and covers an area of approximately 570 square kilometres. The property includes the high-grade...Read More
Lupaka Gold Inc. (TSX-V: LPK) has been completing the necessary steps to achieve commercial production at its wholly-owned Invicta Gold project in Peru, located 120 km north of Lima by road. Recently, I had the opportunity to re-visit the mine site to see how work is progressing towards production.It is at this point in the life span of a mining company where institutional investors typically in...Read More
Contrarian investors are constantly searching for unloved stocks that could be on the verge of a recovery.Let's take a look at Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) and Cameco Corp. (TSX:CCO)(NYSE:CCJ) to see if one is attractive right now.BarrickA massive debt load and falling gold prices nearly killed Barrick a few years ago, but the company managed to pull off an impressive turnaround, and the...Read More
As the TSX continues to struggle this year, investors are left looking for safe options to invest in. However, many industries have been hit hard and have seen significant sell-offs happen in just the first three months of the year.There are many factors that could be blamed for the turmoil, and that makes it all the more difficult to predict when we might see the markets stabilize. We saw the TSX...Read More