We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. So before you buy or s...Read full newsRead More
Gold giant Newmont Mining's (NYSE:NEM) $10 billion acquisition of Canada's Goldcorp (TSX:G) is expected to close this week as the deal has received Investment Canada Act approval.Last week, almost 98%of Newmont's shareholders approved the deal, which creates the world's largest gold producer by market value, output and reserves, and robs Barrick of its recently cemented supremacy. Earlier this mo...Read More
Comes with a cliffside hot tub and views of the Pacific OceanRead full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index had a fairly quiet week but drifted 2.5 points higher by week's end to close at 1149.39.MACD remained fairly firm and dipped 1.68 points to 57.90. MACD rose 1.49 to 2.35 and now is clearly on a MACD buy signal.Support is now at 1139 and 1121 (its lower Bollinger band). Overhead...Read More
Vancouver, BC - Norra Metals Corp. (TSX-V:NORA) (the "Company" or "Norra") is pleased to announce that it has submitted four recently completed, NI 43-101 technical reports on its newly acquired Scandinavian properties to the TSX.V and has now filed those reports on SEDAR.The four Scandinavian projects; Bastutr??sk in Sweden, and the three Norwegian properties; Bleikvassli, Mer??ker and Sagvoll...Read More
MAS Gold (TSXV: MAS) has completed a 3,500-metre drill program in Saskatchewan, targeting the Point gold prospect on its Preview Lake property and the North Lake gold prospect on its North Lake property. Point sits 60 km northeast of La Ronge, Sask., and North Lake is 5 km northeast of Point."It has been in a bit of a slowdown for a number of years, because our joint-venture partner went through r...Read More
Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1350 bull-market resistance. A decisive breakout above will really catch investors' attention, greatly improving sentiment and driving major capital inflows. With gold-futures speculators not very long...Read More
Literally, the wheels are coming off. Panasonic, which supplies batteries that it manufactures for Tesla at the Gigafactory in Nevada announced that it was cutting back on its plans to expand production capacity at the plant. It also announced that it was suspending plans to produce batteries at Tesla's planned Shanghai Gigafactory. In an article in a Japanese business publication, Panasonic had l...Read More
Poli is executive chairman of ASX-listed Matsa Resources, a gold junior that has flown under the radar in recent years as it beavered away at the historic Lake Carey project in Western Australia'sRead More
Yamana Gold's copper-gold Chapada Mine in Brazil which Lundin Mining is acquiring. Source Yamana Gold Inc.Lundin Mining Corp. [LUN-TSX; LUMI-Sweden] said Monday April 15 that it has struck a deal to acquire Yamana Gold Inc.'s [YRI-TSX; AUY-NYSE] 100% interest in the Chapada copper-gold mine in Brazil for US$800 million.Under the definitive purchase agreement, Yamana will retain a 2.0% net smelter...Read More
The concentrator at the Kamoto Mine in the DRC. Source: Katanga Mining Ltd.Glencore AG's Katanga Mining Ltd. [KAT-TSX] unit has resumed the export and sale of a limited amount of cobalt that complies with both international and local Democratic Republic of Congo (DRC) transport regulations with respect to the level of uranium.In the fourth quarter of 2018, Katanga said it would temporarily suspend...Read More
On November 4, 2014, voters in Washington, D.C., approved Initiative 71, a ballot initiative that legalized the recreational use of cannabis for adults 21 and over.But there was a bit of a catch.Initiative 71 "allows adults 21 and older to possess up to two ounces of marijuana, grow up to six plants, and gift up to one ounce of pot to other adults 21 and older, but sales remain banned."So, in shor...Read More
Desert Mountain Energy Corp. (TSX.V: DME) is engaged in exploration and development of helium, oil & gas and mineral properties, in the Southwestern United States. At PDAC2019, we learned, from Irwin Olian, President and CEO of Desert Mountain Energy, the Company's current focus is on helium, which is in surging demand in the high-tech world. There is currently a worldwide shortage of helium, its...Read More
Two graduate students at Colorado School of Mines have received funding from the U.S. Department of Energy to conduct a portion of their thesis research at a national laboratory. Erin Bertelsen and Anna Ryken were among 70 students at 52 universities nationwide selected for the Office of Science Graduate Student Research Program this year, DOE announced April 12. Bertelsen, a PhD candidate in ap...Read More
Colorado School of Mines has been recognized by the National Center for Women & Information Technology (NCWIT) for its work to increase meaningful participation in computing education among women. The Mines Department of Computer Science is the grand prize recipient of the 2019 NCWIT Extension Services Transformation (NEXT) Award, the nonprofit organization announced. Powered by NCWIT with su...Read More
The U.S. Bureau of Land Management has approved Newrange Gold's (TSXV: NRG; US-OTC: NRGOF) proposal to transfer the company permits for the Merritt decline, part of its 16.7-sq.-km Pamlico gold project in Nevada, as well as to collect a 1,000-ton bulk sample at the project.The project's previous operators, the Merritt family, developed the Merritt decline in 2013 for between US$2 million and US$3...Read More
Fission Uranium (TSX: FCU; US-OTC: FCUUF) has tabled a prefeasibility study (PFS) for its Patterson Lake South uranium project in Saskatchewan's Athabasca region, outlining an open pit and underground hybrid operation. It's working on a preliminary economic assessment (PEA)-level underground only scenario that it says could offer improved economics.The PFS assigns the project a $693 million after-...Read More
BHP (NYSE: BHP) is investing in Midland Exploration (TSXV: MD) to support the junior's copper exploration in northern Quebec, including its Mythril copper-gold-molybdenum-silver project in James Bay Eeyou Istchee.BHP is acquiring 3.44 units of Midland at $1.70 per unit for $5.9 million. Each unit consists of one share and one warrant that allows the holder to buy another share for $2.05 per shar...Read More
Thor Explorations (TSXV: THX) estimated in a definitive feasibility study two months ago that pre-production capex to build an open-pit mine at its Segilola gold project in Nigeria would cost about US$87 million.Today, the company announced it has secured a US$78-million financing package from the Africa Finance Corporation, a multilateral finance institution with US$4.5 billion on its balance she...Read More
I've explained before that global growth was slowing and that Fed Chairman Powell had blinked. That blink has quickly blossomed into a full capitulation.I don't believe the rate hike planned by the Fed in 2020 happens and, as I explained last month, I believe we will get a rate cut - not a hike - in the second half of this year or early next year.So why the capitulation in such obvious fashion?It...Read More