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 $3.30 to $1,325.90 on Tuesday. The TSX Venture Exchange rose 1.35 points to 829.05 while the TSX Gold Index added 1.89 points to 183.85. Endeavour Mining Corp. (EDV) led Canadian gold miners higher, adding fiv...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 CaswellA Pennsylvania jury has convicted Nevada's Louis Petrossi, 77, for fraud after he raised $1.8-million from investors and used most of the money for his own purposes. (All figures are in U.S. dollars.) Among other things, he purchased a BMW, paid for r...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 lost 65 cents to $60.71 on the New York Merc, while Brent for May lost 31 cents to $64.64 (all figures in this para U.S.). Western Canadian Select traded at a discount of $25.55 to WTI...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 gained 1.35 points to 829.05 Tuesday. Rana Vig has listed his first capital pool shell, Blue Bay Capital Inc. (BLUE), following a $500,000 initial public offering at 10 cents. It has yet to trade. Blue Bay sold...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 CaswellSteven Fishoff, a California man charged for a serial insider trading scheme that involved two Canadian listings, has pleaded guilty. He entered the plea in an appearance before U.S. District Court Judge Michael Shipp in New Jersey on Friday, March 9....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 CaswellA Pennsylvania jury has convicted Nevada's Louis Petrossi, 77, for fraud after he raised $1.8-million from investors and used most of the money for his own purposes. (All figures are in U.S. dollars.) Among other things, he purchased a BMW, paid for r...Read More
The Massachusetts Institute of Technology and Commonwealth Fusion Systems have partnered to advance a new generation of fusion experiments and power plants based on advances in high-temperature superconductors, which could help achieve the long-sought goal of producing fusion power.In a press release, the scientists and funders involved in the project define fusion power as a potentially "inexhaus...Read More
http://www.cbc.ca/news/canada/north/Company says getting $505 million in financing was a make it or break it deal for the Yukon mineClosing a $505 million deal with investors was tough, but the president of Victoria Gold, John McConnell, says persistence paid off.Orion Mine Finance, Osisko Gold Royalties Ltd., and Caterpillar Financial came up with the bulk of the financing needed to move the Yuko...Read More
It was a broadly positive period for mining equities around the globe with Australian-listed lithium producer Galaxy Resources (AU:GXY) following yesterday's 3.5% gain with a further rise above 9%.Staff reporterGalaxy gains again14 MARCH 201814/03/2018commentsshareThe spot gold price was about US$8 an ounce higher than this time yesterday and producer St Barbara (AU:SBM) rose more than 5.5% as it...Read More
The head of the cobalt royalty and streaming company "trading as a proxy for the adoption of the electric vehicle" and aiming to emulate successful precious metals business models, says there is no shortage of potential portfolio projects outside the Congo, and pure-play cobalt ventures, and he has the funding in hand to "have a seat at the table [in] every single one of the ongoing" project finan...Read More
First, it was cryptocurrencies (like Bitcoin), then it was marijuana stocks (like Canopy Growth Corp. (TSX:WEED)), and now there's a new hot commodity that's picking up traction: cobalt.To say the metal is selling like hotcakes would be a vast understatement, especially when you consider the off-the-charts demand that the metal stands to experience over the next decade.Investors have been going cr...Read More
Jericho Oil (JCO.V) has reported a preliminary result from the first well drilled on its Blaine county acreage, in a joint venture with the private partner and private equity backed Staghorn Petroleum.The first well was targeting the Meramec formation using a horizontal well with a length of 1 mile and immediately hit the sweet spot. The initial flow rate in the first 24 hours was approximately 95...Read More
Miners will usually shout about a project's resource potential and only down the track will processing come into the investment pitch. Velocity Minerals (CN:VCL) has gone the other way; finding a mine in Bulgaria with apparently strong processing but poor mining operations.The hills are alive (with the sound of a Land Cruiser): Velocity's partner Gorubso's projects are all in the same area...Read More
Sanction by Health Canada more than triples Aphria Inc.'s (TSX:APH) production capacity of medical cannabis from 9,000 kg to 30,000 kg annuallySmallCapPower | March 14, 2018: Aphria Inc. (TSX:APH) announced on Tuesday the receipt of a license amendment from Health Canada, providing Aphria with additional production space of 200,000 square feet, as part of its Part III expansion at its facility in...Read More
Torex Gold's ELG Mine Complex in southwest Mexico. Source: Torex Gold Resources Inc."With 80% of production expected to come from the El Limon pit area, the company is running out of ore," Scotiabank analyst Trevor Turnbull said in a report. "If the current situation persists, it is inevitable that mill feed will run out within weeks unless employees can return in full force or the company receive...Read More
Conducting a gravity survey at Belmont's Kibby Basin lithium project in Nevada. Source: Belmont Resources Inc.The survey covered most of Belmont's Kibby Basin, Nevada claims and included the playa basin area as well as some of the adjoining higher level lands.Belmont's consulting geologist Robert Cuffney from Reno, Nevada will finalize and map drill hole locations and process the applications for...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Pancontinental Gold (TSXV: PUC) Announces Exploration Plans for Its Strategic Nickel-Copper-Cobalt Project and Arranges Financing Toronto, Ontario - March 14, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Pancontinental Gold Corporation (T...Read More
Our ancestors weren't nice people. They kept slaves, looked forward to wars and sent people to concentration camps. It is easy to dismiss them as moral retards, but that would be setting the bar way too low. Slavery is bad, war is violence, and sending people to concentration camps isn't very nice. Blacks, Jews, and foreigners are not ambiguous classes of people, and violence is unambiguously wron...Read More
Speculators Throw the TowelOver the past several years we have seen a few amazing moves in futures positioning in a number of commodities, such as e.g. in crude oil, where the by far largest speculative long positions in history have been amassed. Over the past year it was silver's turn. In April 2017, large speculators had built up a record net long position of more than 103,000 contracts in silv...Read More
A team of Colorado School of Mines students dominated the Materials Bowl at the annual meeting of The Minerals, Metals and Materials Society, held March 11-15 in Phoenix, Arizona.The team comprised undergraduates Melissa Thrun and John Copley and graduate students Joe Jankowski and Chloe Johnson, all in the Department of Metallurgical and Materials Engineering. Karen Chen served as an alternate an...Read More