A bipartisan letter from US Congress members Paul Cook and Albio Sires says the future of American investment in Guatemala is being threatened by corruption and impunity prevalent in the country. In the letter, Cook and Sires advise the Guatemalan government and President Jimmy Morales to take immediate action to fix the problem. They outline the consequences of what could follow with these unreso...Read More
The gold miners' stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking dis...Read More
It is difficult not to write about the political developments in southern Africa at a time when South Africa is embroiled in a titanic struggle to rid itself of the Zuma factor. Over the next few months, there will be more clarity about the political direction the country will take. All indications are, however, that a government without Zuma will be more business friendly, and that a Department o...Read More
The week before the Dow/SPX quickly plunged 10%, the Fed had reduced its SOMA account (the SOMA account is its "QE" account) by $21 billion. Just as quickly as the stock market dropped, it has sharply recovered more than half of its losses from the previous week. As it turns out, the Fed added $11 billion back to its SOMA account. That's an $11 billion injection of cash directly into the banking...Read More
Invicta LupakaLupaka Gold (LPK.V) has received the final US$2.5M cash payment from PLI (the third tranche of an initial US$6.1M streaming deal) and combined with the proceeds from selling 3.1 million shares of GoldMining (GOLD.V). After funding its ongoing activities at Invicta, Lupaka still has approximately C$7.6M in the bank which should be sufficient to bring the poly-metallic Invicta project...Read More
M2 Cobalt (MC.V) has started its exploration program in Uganda where it's trying to prove up a copper-cobalt district on the land package it has been assembling for the past several years now. This year's exploration program (the very first program since the properties were vended into M2 Cobalt) will consist of five different steps including drone surveys, large sampling programs (which will incl...Read More
Senator Doug Black.It is a key reason why the Alberta-based senator introduced Bill S-245 the Trans Mountain Pipeline Project Act in the Senate on February 15, 2018. The aim is to declare that the pipeline expansion project is in the national interest and should proceed for that reason.Not having access to energy markets is costing Canada billions of dollars and the expansion of the Trans Mountai...Read More
Extracts drive MedReleaf Corp.'s (TSX:LEAF) third-quarter revenues to record levels, but its bottom line disappointsSmallCapPower | February 16, 2018: MedReleaf Corp. (TSX:LEAF) announced third-quarter results recently that showed record quarterly revenues of $11.4 million, up 9% YoY and 16% QoQ, driven primarily by strong growth in extract-based products, offset by a decline in dried cannabis pro...Read More
The Moss gold-silver mine located 80 miles southeast of Las Vegas in the Oatman District of Mohave County, Arizona. Source: Northern Vertex Mining Corp.The company said it has commenced leaching ore on the pad in preparation for its first gold pore in first quarter of 2018. The final US $3 million working capital draw is underway as we transition from development to production at the Moss Mine, th...Read More
Bisha open pit mine, EritreaThe company has a 100% interest in the high-grade Timok Upper Zone and 60.4% interest in the Timok Lower Zone. The Lower Zone is a partnership with Freeport-McMoRan, which owns 39.6% and, upon completion of a Feasibility Study, Nevsun will own 46% and Freeport 54%. For the Upper Zone, PEA highlights include: US $1.5 billion NPV (8%) and 50% IRR (after-tax); $630 million...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Gossan (TSXV: GSS) (FSE: GSR) Fortifies Geological Team for Sturgeon Lake Drill Program Winnipeg, Manitoba - February 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Gossan Resources Limited (TSXV: GSS) (FSE: GSR) has assembled its geological team fo...Read More
When tragedy strikes it is understandable that people get emotional. But they often forget that the media knows how to pull the heartstrings for nefarious reasons. If a media campaign looks coordinated, it probably is. We should never let the emotions they trigger override our logic, and threaten our safety.And we shouldn’t let whole groups be punished for the crimes of individuals. Nothing...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Bayhorse Silver Produces SilverSource: Bob Moriarty for Streetwise Reports February 16, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold recommends doing the math to profit from silver, and describes a silver miner he believes is "on to something....Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Meryllion Resources (CSE: MYR) Announces the Appointment of Paul Haber to Board of Directors Toronto, Ontario - February 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Meryllion Resources Corporation (CSE: MYR) ("Meryllion" or the "Corporation") is...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Hi Ho Silver Resources (CSE: HHS) (OTC: HHSRF) Adds Important Claims Extending Its Gold Target Zone to South, Bralorne Project, Goldbridge, British Columbia, Canada Vancouver, British Columbia - February 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire...Read More
Shares in Rio Tinto-controlled Turquoise Hill Resources opened 3% lower on Friday after the Mongolian government reinstated a decade-old agreement ordering the Vancouver-based company to source power for its Oyu Tolgoi mine domestically.Rio Tinto, down 1.8% in New York, could face higher costs on its $5.3 billion underground expansion of the giant copper-gold mine in the South Gobi desert near t...Read More
Colorado School of Mines has launched a new master's degree program that will apply a unique, multidisciplinary social science lens to natural resources and energy issues, preparing students for careers in energy and engineering companies, advocacy and government agencies.The new Natural Resources and Energy Policy (NREP) graduate program "is unique in that it targets engineers that are working in...Read More
GT Gold Corp's saddle deposit was causing a lot of excitement last year and have recently announced some decent new results (link and link).SummaryDrilling has defined a small, moderate grade deposit.Moderate expansion potential:South Zone: partially open to the East and WestNorth Zone - TTD057 hit good values, but surface Au samples suggest that this zone is small.Porphyry mineralization in hole...Read More
Subscribe, rate and follow us on SoundCloud, iTunes, YouTube, Google Play, Stitcher or RSS Feed!We’re going high-tech this week with a focus on technology minerals and an update on the cobalt market. Matt is joined by Cobalt 27 Capital (TSXV: KBLT) chairman and CEO Anthony Milewski to discuss the global conversation around renewable energy and recent developments in the sector (8:55)...Read More
Acacia Mining (LON:ACA), Tanzania's No.1 bullion producer, which has been hit hard by a long-running dispute with the government of the East African nation, is mulling the sale of stakes in some or all of its operations in that country.In response to media speculation on the matter, the company said it was "engaging with a small number of potential investors" over the potential deal, adding it ad...Read More