South Africa's National Union of Mineworkers (NUM) on Sunday said that Pan African Resources would cut 1,722 jobs at its Evander Gold Mine in the country's Mpumalanga province.Read full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth. Physicist Michio Kaku, writing in his new book "The Future of Humanity" (Doubleday), believes a bonanza is coming from mining a...Read full newsRead More
Pure Gold Mining Inc. is pleased to announce that underground drilling continues to confirm mineralization within the mineral resource and expand the mineralized zones at its 100% owned Madsen Gold... | February 14,2018Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index continued its rebound and added 8.8 points for a 0.7% gain to close at 1280.14.Support moves up to 1270 and 1275. Resistance is at 1280 and 1289.Our short-term momentum indicator, RSI, rose 7.9 points to 55.8 and has now more than doubled from its...Read More
Australia's largest gold producer, Newcrest Mining Ltd., will invest $250 million for a stake in Lundin Gold Inc. to boost its presence in Ecuador, which is attracting a slate of mining giants hunting for major untapped metals deposits.Newcrest will take 27.1 percent of Vancouver-based Lundin Gold, which expects to bring the Fruta del Norte gold and silver mine in southeastern Ecuador into product...Read More
Pure Gold Mining Inc. is pleased to announce that underground drilling continues to confirm mineralization within the mineral resource and expand the mineralized zones at its 100% owned Madsen Gold... | f?vrier 14,2018Read full newsRead More
Drifting into the doldrums?The Baltic Dry Shipping Index came to prominence at the start of the Chinese-led commodity supercycle around a decade ago.The London-based Baltic Exchange tracks the cost of moving commodities along more than 50 routes around the world and the BDI is considered one of the go-to barometers of the global economy and a leading indictor of commodity prices.In November 2015 t...Read More
The pension crisis is inching closer by the day. @CalPERS just voted to increase the amount cities must pay to the agency. Cities point to possible insolvency if payments keep rising but CalPERS is near insolvency itself. It may be reform or bailout soon. - Steve Westly, former California controller and CalPERS board member.1.5 MILLION RETIREES AWAIT CONGRESSIONAL FIX FOR A PENSION TIME BOMBIn a s...Read More
BCI Minerals (ASX:BCI) is still alive and kicking, and the company has now signed a Memorandum of Understanding with Sinosteel to cooperate towards bringing the Buckland iron ore project in production. Both companies will work towards binding agreements related to marketing and offtake deals, the engineering part and funding part of the construction phase of the project.BCI Minerals was/is aiming...Read More
Typical Landscape on the Bayovar 12 ConcessionFocus Ventures (FCV.V) has entered into an agreement with Italmatch Chemicals to jointly study the possibility to build and operate a P4 production facility near the Bayovar project in Peru's Sechura region.Back in the day, P4 was used to make matches, but its use has now been expanded to flame retardants and as Italmatch is the leading manufacturer of...Read More
Shares of Newstrike Resources Ltd. (TSXV:HIP) have been beaten down following a failed merger attempt with CanniMed Therapeutics Inc. (TSX:CMED)SmallCapPower | February 26, 2018: Newstrike Resources Ltd. (TSXV:HIP) Thursday announced full exercise of the previously-announced over-allotment option allowing underwriters to acquire an additional 9,091,500 units at $1.32 per unit, providing Newstr...Read More
Location map of Skyharbour uranium projects in the Athabasca Basin of northern Saskatchewan. Source: Skyharbour Resources Ltd.Skyharbour has an option to earn a 100% interest in the 35,705-hectare Moore Uranium Project from Denison Mines Corp. [DML-TSX, DNN-NYSE AMERICAN], which in turn has an 11% interest in Skyharbour.The Moore Project is located approximately 15 km east of Denison's Wheeler R...Read More
Editor’s Note: Today we are taking a step back from politics to motivate a different kind of freedom. The base of a free society is free individuals, confident in their abilities, and secure in pursuing their happiness.Joe Mirelli is a passionate musician and creative writer from the UK. Previously, he worked in various engineering organizations and 9-5 ‘dead end’ jobs until he r...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop CSE New Listing - Reliant Gold Corp. (RNG) February 26, 2018 (Investorideas.com Newswire) The common shares of Reliant Gold Corp. have been approved for listing on the CSE.Listing and disclosure documents will be available at thecse.com on the trading date....Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Jack Chan's Weekly Precious Metals UpdateSource: Jack Chan for Streetwise Reports February 26, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts the latest movements in the gold and silver markets.Our proprietary cycle indicator is down....Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Group Ten Metals Mirrors the Stillwater PGE ComplexSource: Bob Moriarty for Streetwise Reports February 26, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold examines the land package and prospects for this company's Montana-based project.Greg John...Read More
A Finite Life SpanWe have been promising to get back to the topic of capital destruction, which we put on hiatus for the last several weeks to make our case that the interest rate remains in a falling trend. Today, we have a different way of looking at capital destruction. A Soviet propaganda poster extolling the virtues of the plan... a succession of such plans ultimately ended in economic colla...Read More
Steelmaking raw materials made strong gains on Monday as Chinese mills, responsible for half the world's steel output, on the back of speculations that the certain provinces may extend steel supply curbs beyond the winter.The Northern China import price of 62% Fe content ore gained just under 1% to the highest since April trading at $79.95 per dry metric tonne according to data supplied by The Ste...Read More
A pair of Colorado School of Mines students traveled to Texas this month to participate in the first-ever Lockheed Martin Ethics in Engineering Case Competition.Parker Bolstad, a junior in environmental engineering, and Amara Hazlewood, a junior in chemical engineering, formed one of 12 collegiate teams from around the country invited to Lockheed's Fort Worth Aeronautics facility for the competiti...Read More
PDAC season is in full flow, and lots of companies are pushing out press releases to telling us that they are great, everything is going super-well and please don't ignore us and sell our stock as we have no real news.One of my favorite pig in lipstick press releases was from Cordoba Minerals (link), not only announcing an updated resource for Alacran, but telling us that theyz got cobalt az well,...Read More