After the spread between high and lower-grade ores failed to narrow as expected, Fortescue Metals Group (AU:FMG) has lowered its full-year iron ore price realisation guidance.Kristie BattenFortescue thinks the spread between high- and low-grade ores will eventually narrow27 MARCH 201827/03/2018commentsshare Despite a first-half price realisation of 68% of the S&P Global Platts 62 CFR index (in...Read More
Exploration activities at Nevsun's Timok copper-gold project in Serbia. Source: Nevsun Resources Ltd.Nevsun Resources Ltd. [NSU-TSX, NYSE AMERICAN] on Tuesday March 27 announced impressive new assay results from the recently completed $20 million exploration drilling program on the Lower Zone at the Timok copper-gold project in Serbia.Highlights include 1.00% copper and 0.20 g/t gold (1.14% copper...Read More
Diamond drilling at Transition's Sunday Lake platinum group metals project, northwest Ontario. Source: Transition Metals Corp.Transition Metals Corp. [XTM-TSXV, TNTMF-OTC] said Tuesday March 27 that it has received the first set of assay results from the continuing drill program conducted by North American Palladium Ltd. [PDL-TSX, PALDF-OTC] on the Sunday Lake platinum-palladium project.Sunday Lak...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,216.18, down 82.38 points)Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Unchanged at $3.79 on 6.8 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 37 cents, or 3.74 per cent, to $9.53 on 6.5 million shares.Balmoral Resources Ltd. (TSX:BAR). Miner. Down 18.5 cen...Read More
The developed world has lived with unnaturally-low interest rates for so long that it's become hard to imagine what life in a normal financial system would be like. But as rates finally start to rise, some of the necessary lifestyle adjustments are emerging. A big one is the fact that the days of refinancing one's house every few years to extract free cash or lower the monthly mortgage payment are...Read More
Don't let emotions cloud your judgment.This is rule #2 when it comes to investing.And rule #1?Well, that's easy.Exploit others' emotions to get rich.When everyone's scared, be brave.And when everyone's greedy, be cautious.This isn't rocket science.We've seen it time and time again.To quote the great Warren Buffett...Be fearful when others are greedy, and greedy when others are fearful.As an invest...Read More
Avrupa Minerals Ltd. (TSXV: AVU) is a growth-oriented junior exploration and development company focused on aggressive exploration, using a modified prospect generator model, for valuable mineral deposits in politically stable and prospective regions of Europe, including Portugal, Kosovo, and Germany. According to Paul Kuhn, President and CEO, of Avrupa Minerals, their plans for 2018 include a 1,5...Read More
Nevada Copper (TSX: NCU) owns 100% of the Pumpkin Hollow Copper Development Property, located near Yerington Nevada, US. Pumpkin Hollow is a large, advanced-stage-development, copper property, with substantial reserves and resources including copper, gold, silver, as well as a large iron resource. Pumpkin Hollow copper project is located entirely on private land close to infrastructure with all re...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Grizzly Discoveries (TSXV: GZD) Enters LOI to Purchase Cobalt-Copper-Silver Claims in Southeastern British Columbia Edmonton, Alberta - March 27, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Grizzly Discoveries Inc. (TSXV: GZD) (OTC Pink:...Read More
"It is often the case that police shootings, incidents where law enforcement officers pull the trigger on civilians, are left out of the conversation on gun violence. But a police officer shooting a civilian counts as gun violence. Every time an officer uses a gun against an innocent or an unarmed person contributes to the culture of gun violence in this country."-Journalist Celisa CalacalEnough...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Antioquia Gold (TSXV: AGD) Announces Results of Mineralized Material Sorting from Guaico and Nus Calgary, Alberta - March 27, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Antioquia Gold Inc. (TSXV: AGD) (OTC Pink: AGDXF) ("Antioquia Gold"...Read More
Anatomy of Waterfall DeclinesIn an article published in these pages in early March, I have discussed the similarities between the current chart pattern in the S&P 500 Index compared to the patterns that formed ahead of the crashes of 1929 and 1987, as well as the crash-like plunge in the Nikkei 225 Index in 1990. The following five similarities were decisive features of these crash patterns: - a...Read More
Seeing Things for What They ArePicture, if you will, a group of slaves owned by a cruel man. Most of them are content, but one says to the others, "I will defy the Master". While his statement would superficially appear to yearn towards freedom, it does not. It betrays that this slave, just like the others, thinks of the man who beats them as their "Master" (note the capital M). This slave does no...Read More
Smoke SignalsGold went up by 33 of the Master's Notes, but silver went up only 22 of the His Cents. Decrepit though he may be... it's still his funny money, and he always wants more of it. [PT] The rising gold-silver ratio is one thing we add to others that signal the not-good economy. Silver has industrial uses, but gold basically does not. So a rising ratio shows rising monetary demand relativ...Read More
Drilling contractor Layne Christensen (NASDAQ: LAYN) has rejected opposition to Granite Construction's US$376 million offer for the company, but won't fully address concerns outlined in a letter by Cetus Capital until "the second quarter of 2018".Staff reporter27 MARCH 201827/03/2018commentsshareGranite (NYSE: GVA) and Layne announced the former's bid on February 14 this year. Layne was trading ar...Read More
Colorado School of Mines' four newest University Innovation Fellows hope to grow the culture of innovation and entrepreneurship on campus through new classes, workshops and events such as hackathons, links to other institutions and improved communication.Curtis Harrison, Torin Johnson, Adam Marcinkowski and Michael Thuis were among the 258 students from 64 institutions who completed their online t...Read More
Mining giant Rio Tinto (ASX, LON:RIO) has agreed to sell its Kestrel coal mine in Australia to private equity manager EMR Capital and Indonesian coal company Adaro Energy, in a deal worth $2.25 billion.The transaction makes of Rio Tinto the first major miner to exit the coal industry, and comes only a week after it announced the $1.7 billion-sale of its Hail Creek Mine, also in Australia, to Glen...Read More
Canada's Copper Mountain Mining (TSX: CMMC) has obtained shareholder approval for its planned acquisition of Australian junior Altona Mining (ASX:AOH) in a deal worth A$93 million, or about $71m at today's rates.Under the agreement, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a 41.7% premium based on closing prices at the time of both companies first...Read More
Vedanta, the London-listed natural resources company controlled by one of India's richest men, said Tuesday it was shutting its copper smelting operations in the south of the country, for a 15-day planned maintenance.The halt, originally scheduled for April, comes amid local media reports of massive protests around the smelter and even in front of the home of Vedanta's chief executive Anil Agarwal...Read More
Geneva-based IndustriALL, a global union federation that says it represents more than 50 million workers in 140 countries, joined forces with Building and Wood Workers' International to file a complaint against BHP Billiton (NYSE:BHP) and Vale (NYSE:VALE) under the Organisation for Economic Co-operation and Development's Guidelines for Multinational Enterprises. In a press release, the signatories...Read More