A community group from New Zealand's Waihi town, in the North Island's Hauraki district, is expressing concerns over plans announced by OceanaGold Corporation (TSX/ASX: OGC) to mine for gold under the nearby open Martha pit.This week, the Melbourne-based company presented its project to the District Council. The Martha Project exploration target is the first stage of an anticipated 10-year mine li...Read More
About 400 illegal gold miners invaded a farm that belongs to former Zimbabwean first lady, Grace Mugabe.Local newspaper Newsday reports that Mugabe was touring the farm, located in the northern village of Mazowe which is some 40 kilometres north of Harare, when she ran into the miners. They were allegedly uprooting lemon trees, digging shafts and loading gold ore into lorries."When Grace arrived a...Read More
Vancouver-based East Africa Metals (TSX-V:EAM) revealed that its previously announced Ethiopian Project Financing Memorandum of Understanding with Luck Winner Investment Limited failed to materialize.In a press release, East Africa said that "despite the best efforts of both parties, negotiations failed to define a viable transaction that would be in the best interests of East Africa shareholders...Read More
U.S.-based online activist network Avaaz launched a campaign to gather signatures to oppose the construction of the Volta Grande project, expected to become Brazil's largest gold mine.Canada's Belo Sun Mining Company (TSX:BSX) is behind the project, which is located in the Amazonic state of Par??. Even though it has been denied a construction licence a couple of times, management has kept on worki...Read More
Following a request by the Colchester County council, Nova Scotia's Department of Natural Resources delayed issuing a request for proposals for gold exploration in the Warwick Mountain area until early May.The 30,000-hectare terrain between Earltown, Tatamagouche, and Wentworth is considered to have potential for the development of multiple gold mines.But according to local publication The Chronic...Read More
The silver miners' stocks have really languished since mid-2016, relentlessly grinding sideways to lower. With gold out of favor, silver and its miners have largely been left for dead and forgotten. This sector is deeply mired in universal apathy and bearishness. But since silver stocks can skyrocket when silver decisively rallies again, it's important to keep an eye on silver miners' fundamen...Read More
There is great potential for market-beating capital gains on investments in gold miner B2Gold Corp.'s (TSX:BTO)(NYSE:BTG) equity and in oil and gas growth stock Parex Resources Inc. (TSX:PXT) at current trading levels. These two firms are poised to realize significant top-line growth, increase their profitability levels, and generate growing free cash flows going forward.Here is a closer look at e...Read More
War!What is it good for?Absolutely nothing!- Edwin StarrIn the summer of 1970, Gordy Records released Edwin Starr's version of the counterculture hit song "War." I'm sure you've heard the song a million times.Starr was a one-hit wonder. But the track was a powerful and dramatic tune that perfectly characterized the anger and disapproval felt by the anti-war movement toward America's involvement in...Read More
A few days ago, Nissan announced a drastic increase in electric vehicle (EV) production and sales.The company aims to sell 1 million battery-powered vehicles annually through the financial year ending March 2023.That's pretty ambitious when you consider that annual EV sales passed 1 million units total, worldwide, for the first time ever just last year.But Nissan is betting big-time on growth - es...Read More
Via Sovereignman.comIt's about time. Someone has finally discovered what the adult entertainment industry has been missing for so many years: blockchain.It's true: a bunch of porn stars have recently gotten together to launch Bunny Software Ltd, a new cryptofinance startup that aims to 'disrupt' how people pay for pornography.Instead of charging your credit card for that Pornhub Premium account, n...Read More
"In that dramatic scene on Calvary's hill three men were crucified. We must never forget that all three were crucified for the same crime - the crime of extremism. Two were extremists for immorality, and thus fell below their environment. The other, Jesus Christ, was an extremist for love, truth and goodness, and thereby rose above his environment. Perhaps ...the nation and the world are in dire...Read More
Via Sovereignman.comIt's about time. Someone has finally discovered what the adult entertainment industry has been missing for so many years: blockchain.It's true: a bunch of porn stars have recently gotten together to launch Bunny Software Ltd, a new cryptofinance startup that aims to 'disrupt' how people pay for pornography.Instead of charging your credit card for that Pornhub Premium account, n...Read More
"In that dramatic scene on Calvary's hill three men were crucified. We must never forget that all three were crucified for the same crime - the crime of extremism. Two were extremists for immorality, and thus fell below their environment. The other, Jesus Christ, was an extremist for love, truth and goodness, and thereby rose above his environment. Perhaps ...the nation and the world are in dire...Read More
What happened to gold in Q1 2018? Our gold price update outlines key market developments and explores what could happen moving forward.Read full newsRead More
Please Note: US Markets are closed tomorrow for Good Friday. CloseGain/LossOn WeekGold $1325.90+$0.20-1.47%Silver$16.34+$0.05-1.15%XAU81.12+1.85%-0.47%HUI175.41+1.52%-0.82%GDM612.39+1.10%-0.74%JSE Gold1127.39-3.86-0.34%USD90.06-0.07+0.68%Euro123.04-0.02-0.42%Yen94.05+0.49-1.72%Oil$64.94+$0.56-1.43%10-Year2.742%-0.031-2.49%Bond146.40625+0.53125+0.97%Dow24103.11+1.07%+2.42%Nasdaq7063.44+1.64%+1...Read More
- This is the largest debt issuance since 2008 financial crisis- Trump threatens trade war with its biggest creditor - China- Bond auctions have seen weak demand due to large supply and trade war concerns- $20 trillion mark reached in early September 2017; $1 trillion added in just 6 months- US total national debt level now exceeds $21.05 trillion and is accelerating higher- U.S. debt and dolla...Read More
Blockchain and gold meet at the crossroads of cryptocurrency Two start-ups launched products earlier this week that utilize the same technology used by cryptocurrencies to trade gold. (Stockhouse File Photo) Cryptocurrencies and the blockchain were touted by some as the a...Read full newsRead More
FTSE 100 closes upBarclays up on US settlement newsGKN top riserFinal trading session of 2018 first quarter FTSE 100 lost some gains but still finished positively ahead of the Easter break with UK engineering giant GKN plc (LON:GKN) the top riser after Melrose succeeded in its hostile bid.Turnaround firm Melrose (LON:MRO) received valid acceptances for its offer for GKN representi...Read More
A majority of 98 percent of workers at the Iron Ore Company of Canada's railway and port operations in Sept Iles, Quebec have rejected the miner's latest contract offer, the United Steelworkers said on Thursday, after negotiations stumbled on monetary issues.The 305 unionized employees are unhappy with amounts proposed in the defined-benefit pension plan, the union said. Earlier this month, they v...Read More
Randgold Resources' Chief Financial Officer, Graham Shuttleworth, announced today that since the company declared its maiden dividend for the 2006 financial year, its dividends have increased by 1,900%. "Randgold Resources had one of the best years in its history of achievement and delivery in 2017, posting another production record of an already high base and pruning the cost of production to its...Read More