As at the Gold Tent blogLowest Price/CashflowGold Miners offering historic value buying opportunityRead More
Whether it be financial, political or social, there's the potential for any decision we make to be fueled by emotion. In particular, when participating in a high risk, high reward area of the market, like the junior resource sector, it can be lethal to your odds of success.In my experience, those who can use arithmetic as their primary "truth" are the best at eliminating bias and reducing the amou...Read More
Canada's mining and mineral exploration community gathered at the Metro Toronto Convention Centre in January for the Canadian Mining Hall of Fame (CMHF)'s 30th annual induction ceremony.With Franco-Nevada chairman Pierre Lassonde serving as master of ceremonies for the 17th year, over 1,225 people were in attendance to celebrate the careers and industry contributions of this year's four inductees,...Read More
Shares in Africa-focused Gem Diamonds (LON:GEMD) jumped as much as 6.5% on Wednesday after the miner revealed it had dug up yet another big rock at its flagship Let??eng mine in Lesotho.The 169-carat, top white colour, Type IIa rock is seventh diamond of over 100 carats the company has recovered so far this year at the mine, the world's highest dollar per carat.The finding comes barely a day af...Read More
Suncor Energy (TSX:SU), Canada's largest oil and gas producer by market capitalization, said Wednesday an eight-week maintenance project at its Syncrude facility will begin Thursday almost three weeks ahead than originally planned.The Calgary-based company said advancing the turnaround will allow Syncrude to deal with an unrelated issue, which has been limiting capacity on a line that feeds bitum...Read More
Canada's First Cobalt Corp. (TSX-V:FCC) (ASX:FCC) is strengthening its position in the cobalt market by acquiring explorer US Cobalt and so create a pure-play North American-focused miner of the metal, a key component in computer chips, mobile phones and lithium-ion batteries that power electric vehicles (EVs).The blended company will have projects in Ontario and Idaho which, once in operations, c...Read More
Ghana's Minister of Lands and Natural Resources, John Peter Amewu, announced that he has agreed to sign a Memorandum of Understanding with the Gold Fields workers that have been protesting over the possible layoff of 1,500 staff.The cutback is a consequence of Gold Fields' decision to hire a contractor to operate the Tarkwa mine, located in southwestern Ghana. The operation is the largest in the c...Read More
TORONTO - First Cobalt Corp. says it will take over US Cobalt Inc. in an all-share deal valued at $150 million as it looks to add to its supply of the industrial metal ahead of increased demand.The friendly deal, which requires approval by US Cobalt shareholders, comes as growing investments and demand in electric vehicles has spurred interest in key metals like cobalt, used in the vehicle's...Read More
I was born in a Quonset hut at the Fort Ord Army Hospital in Monterey, California, in 1968. The base has since been torn down and the land given over to the locals. People tell me it's nice, but I left six months later and haven't been back since.My father was in the Navy, and I spent my childhood living on and around naval bases. I used to say I could wake up blindfolded and tell you if I was in...Read More
Star power matters.It can drive brands.I spent the last few days at the ROTH Capital conference in Laguna Niguel, California. It's one of the top investment events in the country.Migos - the immensely popular rap group - was the entertainment the first night, along with food trucks from some of southern California's premiere spots.Pat Benatar hit it with her best shot on night two.I was there for...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
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
Dr. Kal Kotecha, editor and founder of the Junior Gold Report, talks about his favorite companies and some of the commodities he's bullish on at PDAC.Read full newsRead More
CloseGain/LossGold $1325.80+$2.10Silver$16.57+$0.02XAU79.70+0.04%HUI174.25-0.09%GDM606.84-0.03%JSE Gold1090.13-15.81USD89.74-0.14Euro123.90+0.48Yen93.88-0.18Oil$60.71-$0.6510-Year2.847%-0.020T-Bond145.15625+0.40625Dow25007.03-0.68%Nasdaq7511.01-1.02%S&P2765.31-0.64% The Metals: Gold fell $6.60 to $1317.10 in Asia before it jumped up to $1327.50 in early New York trade and then dropped back...Read More
- Hungarian National Bank (MNB) to repatriate 100,000 ounces gold from Bank of England- Follows trend of Netherlands, Germany, Austria and Belgium each looking to bring gold back to home soil- Hungary one of the smallest gold owners amongst central banks, with just 5 tonnes- Central bank gold purchases continue to be major drivers of gold market- Russian central bank gold reserves now exceed th...Read More
It seems there are buyers on dips in gold and silver as focus is on global trade wars. The US dollar has not gained significantly despite robust job creation. Today's USA session is very crucial for gold and silver and the US dollar. There can be three percent either side move anytime. Today's close will set up the trend till the FOMC meet next week. Physical buyers as well as gold and silver...Read More
Ghana's Minister of Lands and Natural Resources, John Peter Amewu, announced that he has agreed to sign a Memorandum of Understanding with the Gold Fields workers that have been protesting over the possible layoff of 1,500 staff.The cutback is a consequence of Gold Fields' decision to hire a contractor to operate the Tarkwa mine, located in southwestern Ghana. The operation is the largest in the c...Read More
FTSE 100 closes down 76 ptsChancellor Spring Statement over and dullRex Tillerson replaced as Secretary of State in USFTSE 100 closed in the red as global traders were put off by political instability in the US and after the UK Chancellor's spring statement.FTSE 100 finished almost 76 points lower at 7,138, while the mid-cap FTSE 250 lost over 254 points at 19,863.In the US, the Dow Jo...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
David Budd, chief executive of Genedrive PLC (LON:GDR), tells Proactive they've begun commercial sales and shipments of their Genedrive HCV ID Kit, a qualitative molecular assay for HCV and Genedrive platform into the EMEA region - with an initial focus on Africa.The products have been shipped to their distributor, Sysmex Corporation, a world leader in clinical laboratory systemisation and solutio...Read More