The gold miners' stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners' recently-released Q4'17 results prove they are thriving. Their languishing stock prices are the result o...Read More
The price of oil has rallied more than 20% since the start of October, and copper spot prices are up more than 40% since mid-way through 2016.Following a very tough period, commodities are starting to rebound again, as the market adjusts to inflationary pressures and the U.S.'s new weak dollar policy.These five companies should outperform the broader markets if recent strength in metals and mining...Read More
When you buy stocks in sectors and sub-sectors of the market, keep your goals in mind. If you're a conservative, income-seeking investor, focus on utilities, financial stocks and consumer stocks. If you're aggressive, buy more manufacturing stocks and resource stocks.As a general rule, we advise you to keep at least 10 per cent-but no more than 30 per cent-in each of the five main economic sectors...Read More
Via The Startup Societies Foundation“Everything that can be invented has been invented.”– Charles H. Duell, 1899“We will never make a 32 bit operating system.”– Bill Gates, 1989Do these quotes seem silly in retrospect? No doubt. However, there exists seemingly bulletproof wisdom of the ages that recent developments may end up overturning:“Financial advice?...Read More
Lucky Friday workers together with their families and union leaders marched on Saturday in Mullan, Idaho, to commemorate the one-year anniversary of the strike they initiated on March 13, 2017, to push for better labour standards.Lucky Friday, owned by Hecla Mining Company (NYSE: HL), is Idaho Silver Valley's largest underground silver mine. It began operating in 1942 and is expected to have anoth...Read More
January profits from Egypt's sole gold-exporting mine are making headlines in the country.According to local media, the Sukari gold mine, which is owned in equal parts by Jersey-based Centamin (TSX:CEE) (LON:CEY)and the Egyptian Mineral Resource Authority, provided $14.4 million in revenues to the latter during the first month of 2018.Citing Centamin's Chairman of Mineral Exploration and Mining, Y...Read More
The U.S. Environmental Protection Agency sent a letter to the Michigan Department of Environmental Quality saying it was objecting to the state's wetlands permit for the Back Forty open-pit mine, located in the southern part of Michigan's Upper Peninsula along the Menominee River.The zinc, copper and gold project is being proposed by Toronto-based Aquila Resources (TSX: AQA) and it contemplates mi...Read More
Portugal's secretary of state for energy, Jorge Seguro Sanches wants to re-energise the country's push to be a central part of Europe's future EV battery and auto-manufacturing supply chain and believes an upcoming public tender for 3,600 square kilometres of ground considered prospective for pegmatite and lepidolite lithium can help.Richard Roberts Drilling at the disputed Sepeda lithium property...Read More
Via The Startup Societies Foundation“Everything that can be invented has been invented.”– Charles H. Duell, 1899“We will never make a 32 bit operating system.”– Bill Gates, 1989Do these quotes seem silly in retrospect? No doubt. However, there exists seemingly bulletproof wisdom of the ages that recent developments may end up overturning:“Financial advice?...Read More
Via The Startup Societies Foundation“Everything that can be invented has been invented.”– Charles H. Duell, 1899“We will never make a 32 bit operating system.”– Bill Gates, 1989Do these quotes seem silly in retrospect? No doubt. However, there exists seemingly bulletproof wisdom of the ages that recent developments may end up overturning:“Financial advice?...Read More
Potential ad hoc application of the new mining law in Democratic Republic of Congo, plus weaknesses in its transparency and conflict of interest measures, may leave the country's mining sector open to corrupt deals that could cost the country billions of dollars.Read full newsRead More
Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More
DENVER (AP) - The U.S. Environmental Protection Agency says it has almost finished an overdue review of damage claims from a Colorado mine waste spill that the agency accidentally triggered, but an internal agency accounting of those claims appears to be off by tens of millions of dollars.Read full newsRead More
SPEARFISH - The South Dakota Department of Environment and Natural Resources (DENR) announced Thursday that it reached an agreement with a mining company drilling exploration holes near the rim ofRead full newsRead More
Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More
Littering the runway with precious metalsRead full newsRead More
Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead 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
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 a rousing 97-59-134. The TSX Venture Exchange gained five points to 833 while polished diamond prices fell 0.2 per cent. Michel Baril and Guy Bourassa's Nemaska Lithium Inc. (NMX) jump...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 April delivery gained $1.15 to $62.34 on the New York Merc, while Brent for May gained $1.09 to $66.21 (all figures in this para U.S.). Western Canadian Select traded at a discount of $23.25 to WTI ($...Read More