A storm knocked electricity out, preventing lifts from bringing nightshift workers to the surface.Read full newsRead More
South African media say about 900 miners are trapped underground at a gold mine after a shaft elevator stopped working because of a power outage.Read full newsRead More
About 950 gold miners remained trapped in a gold mine in the Free State province of South Africa Thursday, after a storm knocked out the electrical supply.Read full newsRead More
The optimistic outlook for gold makes now the time to acquire mining junior Seabridge Gold Inc. (TSX:SEA)(NYSE:SA).Read full newsRead More
A storm has knocked out power to a gold mine in South Africa's Free State province, trapping 950 workers underground. The company insists the miners are not in danger, but their union is extremely concerned.Read full newsRead More
Acacia Mining has spent$2 million to lock in the option to sell 120,000 ounces of itsgold output at $1,320 an ounce, hedging against lower prices tooffset the impact of a government ban on concentrate exports.Mining companies use theseRead full newsRead More
Acacia Mining has spent$2 million to lock in the option to sell 120,000 ounces of itsgold output at $1,320 an ounce, hedging against lower prices tooffset the impact of a government ban on concentrate exports.Mining companies use theseRead full newsRead More
Marin Katusa Marin Katusa started off the 2018 Vancouver Resource Investment conference off in a battle with Rick Rule and Frank Holmes discussing top picks. Marin's picks were no surprise to...Read full newsRead More
The bond bubble will be the critical one, Greenspan saysNotes that the U.S. is working toward higher interest rates"The bond market bubble will eventually be the critical issue," Greenspan tells Bloomberg Television.The man who made the term “irrational exuberance” famous says investors are at it again.“There are two bubbles: We have a stock market bubble, and we have a bond m...Read More
Concerted global economic growth could hit 4% and top commodities consumer China is set to expand at a 6.6% clip this year according to the IMF and others.Factories around the world are buzzing - the global JP Morgan manufacturing PMI entered the year at its highest since February 2011.The LME index of base metals has climbed to the highest since 2014. Given its widespread use copper is considered...Read More
Hao Zhang, assistant professor of computer science at Colorado School of Mines, was recently interviewed by the Associated Press about his research to develop a robot to explore abandoned mines.The story, which included video footage of a prototype robot at the Edgar Experimental Mine in Idaho Springs, was picked up by multiple national, regional and local publications, including The Washington Po...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 ReporterThe TSX Venture Exchange lost 20.64 points to 843.71 Thursday. Praveen Varshney's third capital pool shell, AAJ Capital 1 Corp. (AAJ: $0.10), has listed with a $250,000 initial public offering at 10 cents. Its IPO agent was Canaccord G...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 CaswellSteven Fishoff, the last defendant in a serial insider trading case involving two Canadian listings, could be headed for a guilty plea. Prosecutors have disclosed that they are in negotiations with Mr. Fishoff and that they are attempting to finalize...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 Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a positive 88-83-120. The TSX Venture Exchange gained six points to 864 while polished diamond prices were flat. Ken MacNeill and George Read's Shore Gold Inc. (SGF) edged one cent...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 ReporterNew York spot gold gained $6.90 to $1,345.00 on Wednesday. The TSX Venture Exchange rose 6.02 points to 864.35 while the TSX Gold Index rose 1.02 points to 194.49. Endeavour Mining Corp. (EDV), which fell $3.30 Tuesday, regained 91 cen...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 ReporterWest Texas Intermediate crude for March delivery gained 23 cents to $64.73 on the New York Merc, while Brent for March gained three cents to $69.05 (all figures in this para U.S.). Western Canadian Select traded at a discount of $27.70...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:The TSX Venture Exchange added 6.02 points to 864.35 Wednesday. Brad Docherty and Eli Abergel's second shell graduate, Good Life Networks Inc. (GOOD), began trading today, opening at 30 cents and closing at 41.5 cents on 2.72 million shares. The company raised $9.2-...Read More
ASX: DEGwww.degreymining.com.au Mr. Simon Lill reports:Mt Hawthorn, WA / February 2, 2018 / JMN Wire / De Grey Mining Limited (ASX: DEG) ("De Grey", "Company") is pleased to report on drilling programs at the Toweranna and Blue Moon prospects within the Pilbara Gold Project, located approximately 100km from Port Hedland, Western Australia. The Company is undertaking continued exploration for addit...Read More
Yesterday ahead of earnings, AMZN's stock dropped $60, with $30 of that drop occurring in the last hour of trading. It's almost as if market-makers, with their customary preview of the impending AMZN headline EPS report in hand, intentionally took the price down to set-up a short-trap. AMZN stock closed at $1390, down $60 from Wednesday's close.Shortly thereafter, AMZN's earnings headline...Read More
NextSource Materials (NEXT.TO) has put in a stellar performance in the past few weeks as its share price moved from C$0.06 in December to a high of C$0.22 earlier this week for an increase of 267%. Surprisingly, this happened without any relevant news (other than NextSource's announcement it has now also registered SuperFlake as registered trademark in Japan and whilst this is an excellent move to...Read More