A 20-year friendship that helped turn Dan Gertler into a billionaire has left the Israeli businessman with a lot fewer places to go.The U.S. government accused Gertler of corrupt mining and oil deals in the Democratic Republic of Congo and said he acted as a middle-man to enrich his longtime buddy, President Joseph Kabila. The two have been close since Gertler arrived as a young diamond merchant...Read More
The City of Vancouver released a heat map Thursday showing the distribution of residential properties where owners haven't yet made a declaration to avoid its new empty-homes tax, and the hig...Read full newsRead More
Hochschild Mining is to ramp up its hunt for gold as it steps up spending on exploration in three different countries and signals its renewed interest in acquisitions.Read full newsRead More
Mining giant Rio Tinto (LON, ASX:RIO) will seek approval to build a power plant at its giant Oyu Tolgoi copper and gold mine in Mongolia and so comply with a 2009 investment agreement that calls for local suppliers to power the operation.The move, however, would add further costs to an ongoing $5.3 billion underground expansion of the mine, said Oyu Tolgoi LLC, Mongolia's largest copper and gold...Read More
Exclusively playing hip-hop and R&B music from the mid-1990s to the early-2000s, JAMS (formerly K-Hits) has infiltrated the FM dial and found immediate success like few new Chicago radio stations before it.Read full newsRead More
Newmont Mining Corp laid out plans on Thursday for new projects to grow gold production and cut costs, while reporting market-beating profits and output forecasts that position it to take the title of world's largest bullion producer in 2018.Read full newsRead More
SSR Mining Reports Fourth Quarter and Year-End 2017 Results PR Newswire VANCOUVER, Feb. 22, 2018VANCOUVER, Feb. 22, 2018 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (Read full newsRead More
Sources available to discuss sector trends behind index uptickTORONTO, Feb. 22, 2018 /CNW/ - The EY Canadian Mining Eye index continued to make gains in the...Read full newsRead More
Hochschild Mining is to ramp up its hunt for gold as it steps up spending on exploration in three different countries and signals its renewed interest in acquisitions.Read full newsRead More
Hochschild Mining is to ramp up its hunt for gold as it steps up spending on exploration in three different countries and signals its renewed interest in acquisitions.Read full newsRead More
International investors will get a chance to consider the vast investment opportunities in Zimbabwe's growing mining sector at the Mining Indaba to be held from 27 to 28 February 2018 at The Meikles Hotel in Harare.The conference is hosted by the London-based MiningReport in conjunction with the Chamber of Mines of Zimbabwe and the Mines and Mining Development Ministry. President Emmerson Mnangagw...Read More
Aurion, Novo, Garibaldi, Equinox, Almadex, Almaden, Pretium, Tristar, Northern Dynasty, First Mining Finance, Gold Mining Inc, EMX RoyaltiesRead 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 1.12 points to 829.19 Thursday.Matthew Wood's Australian-Mongolian-Canadian shell-making group has filed a preliminary prospectus to list its second capital pool shell, Spirit Banner II Capital Corp. The...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 CaswellFormer Swisher Hygiene Inc. chief financial officer Joanne Viard, who is in jail awaiting sentencing for a 2011 fraud, has lost her effort for release on bond. In denying her request, the judge cited two egregious drinking incidents that resulted in t...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 CaswellWalter Reissman, the "right-hand man" to Vancouver-linked fraudster Ed Durante in a pink sheets scheme, has asked for a non-custodial sentence, or one that does not include jail. He claims that his role in the fraud only came about after Mr. Durante u...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 22 cents to $61.68 on the New York Merc, while Brent for April gained 17 cents to $65.42 (all figures in this para U.S.). Western Canadian Select traded at a discount of $28 to WTI...Read More
Power Americas Minerals (TSX-V: PAM) / (OTCQX: PWMRF) is well positioned among roughly 18 juniors exploring for Cobalt ("Co") (and associated gold/silver) in the world-class, past-producing Silver-Cobalt Mining Camp in northeastern Ontario, Canada. Although reports vary, something on the order of 400-750 M ounces of Silver ("Ag") and 40-50 M pounds of Co were produced in the district. Power...Read More
Gold is faring quite well today technically, though you sure wouldn't know it from the rampant bearish sentiment. Gold's price is in a strong uptrend over a year old, high in both its current upleg and young bull market. Gold isn't far from breaking out to its best levels since September 2013, a really big deal. The stock markets even finally sold off after years of unnatural calm. Yet tra...Read More
The gold market is setting up for a perfect storm as the top mining producers' supply is forecasted to decline right when demand is likely to surge. The surge in gold demand will occur as the broader stock markets roll over and begin their inevitable massive correction. Due to the tremendous amount of leverage in the system, the coming market correction will be quite violent at times. If investors...Read More
I'm still trying to understand how this nation became so deeply embroiled in this idiotic investigation into "he said, she said" about the Russians interfering in U.S. politics. I can tie it back to the presidential election campaign when Hillary Clinton asserted, during one of the debates, that the Russians hacked her email. LOL. As it turns out, we know that is false.The only real connecti...Read More