In our second GoldNomics podcast, we take a look at one of the important financial questions of our day - is this the greatest stock market bubble in history?Listen on iTunes, SoundCloud and BlubrryWatch on YouTube belowGoldCore CEO Stephen Flood and GoldCore's Research Director and world renowned precious metals commentator Mark O'Byrne in conversation with Dave Russell discuss why...Read More
Deliberate weakness of the US dollar by the Americans resulted in all metals and energies zooming. The Trump administration wants a weaker US dollar. As a gold bull, I hope that other central banks also jump into the bandwagon of weakening their currencies and we start a central bank currency war. If this happens gold will easily rise to $1961.80 before the end of the year. Manipulating currency...Read More
ML Gold Corp. (TSXV:MLG)('ML Gold' or the 'Company') is pleased to report it has mobilized a geophysics crew to the Stars Project.Read full newsRead More
Elon Musk's week just got worse as Tesla's share tumble after CNBC reports the problems with battery production at the company's Gigafactory in Sparks, Nevada, are worse than the company has acknowledged and could cause further delays and quality issues for the new Model 3, according to a number of current and former Tesla employees.Read full newsRead More
Mr. Marc Prefontains reportsORLA ACQUIRES MONITOR GOLD EXPLORATION PROJECT IN CENTRAL NEVADA Orla Mining Ltd. has entered into an agreement to acquire up to a 100-per-cent interest in the Monitor Gold exploration project, consisting of 340 claims covering approximately 2,800 hectares in central Nevada.The project covers zones with silicification and samples with anomalous gold in both Paleozoic ca...Read More
Mr. Brian Morris reports KLONDEX CONTINUES TO EXTEND HIGH GRADE MINERALIZATION AT FIRE CREEK'S ZEUS TARGET, INCLUDING 1.65 OPT AU OVER 35.0 FT; COMPANY SCHEDULES ANNOUNCEMENT OF 2017 OPERATING RESULTS AND 2018 GUIDANCEKlondex Mines Ltd. has provided the final results of the 2017 surface exploration drill program on the Zeus target at its Fire Creek mine located in northern Nevada, United States.Su...Read More
Andrew Prelea, chief executive of Vast Resources PLC (LON:VAST), tells Proactive's Andrew Scott they've agreed a conditional refinancing and offtake deal.It's with Mercuria Energy Trading for 100% of the copper and zinc concentrate produced at Vast's Manaila and Baita Plai polymetallic mines in Romania.Should Vast go ahead and accept the offer, Mercuria will make up to US$9.5mln available to the c...Read More
Proactive Investors' editor Ian Lyall reports on the release this afternoon by Summit Therapeutics PLC (LON:SUMM,NASDAQ:SMMT) of encouraging data for its treatment for Duchenne Muscular Dystrophy (DMD).The interim results for the PhaseOut study revealed a "statistically significant and meaningful" reduction in muscle damage in patients taking the company's treatment, ezutromid.Duchenne Muscular Dy...Read More
Western Copper and Gold Corporation ("Western" or the "Company")(TSX:WRN, NYSE AMERICAN:WRN) announces that it has amended the terms of the non-brokered private placement announced on January 22, 2018.Read full newsRead More
Komet Resources Inc. (TSX VENTURE:KMT) ('Komet' or the 'Company') is pleased to announce that it has closed the first tranche of a non-brokered private placement with accredited investors as well as with a director of Komet (the 'Insider') by issuing 1,600,500 units (the 'Units') at a price of $0.37 per Unit, for total gross proceeds to Komet of $592,585.Rea...Read More
Health technologies large and small were in focus on Thursday.Smith & Nephew PLC (LON:SN), the replacement hip and knee joints specialist, was up 3.9% at 1,290p, topping the Footsie, after JP Morgan Cazenove abandoned its neutral position on the stock and recommended its clients be overweight the stock.Cazenove has increased its price target to 1,411p from 1,369p.Somewhat further down the scal...Read More
Cabot Energy Plc (LON:CAB) chief executive Keith Bush tells Proactive Investors their evolution into a significant producer has begun.Bush says production averaged 827 barrels of oil per day through the first half of January, and output for 2017 averaged 400 bopd.Cabot's now targeting between 1,600 bopd and 2,000 bopd by the end of 2018 - with guidance set at 1,000 bopd to 1,200 bopd on average fo...Read More
Following US Treasury Secretary Mnuchin's wishy-washy walk-back this morning, ECB president Draghi has failed to deliver a dovish enough press conference to reverse the trend and the dollar index is crashing to new cycle lows once again...Read full newsRead More
Luis Tondo, president and chief executive of Coro Mining Corp (CVE:COP), discusses with Proactive encouraging results from their Marimaca copper project in Chile, plus adds further detail to the news that they've bought more claims next to the property.Drill results have been received for all 12 holes on the La Atomica claim, which adjoins Marimaca to the northwest, and for seven scout holes drill...Read More
Ray Gibbs, chief executive of Haydale Graphene Industries PLC (LON:HAYD), caught up with Proactive following their half-year trading update for the six months to the end of December 2017.Haydale reported a sharp pick-up in sales helped by the separation of its business into two units.Revenues rose by 67% to ?2.49mln ( ?1.49mln). Meet Reward Minerals Ltd, Recce Ltd, Rimfire Pacific Min...Read More
Proceeds from the private placement and financing will be used for exploration and development of the junior miner's projects in Colombia and Nicaragua.Read full newsRead More
Asian shares traded lower Thursday after Trump administration officials' rhetoric on trade and the dollar roiled financial markets, sending the U.S. currency to its lowest level in three years and whipsawing stocks that had been buoyed by strong earnings.Read full newsRead More
Gold could hit levels last seen in 2013 if the dollar extends its slide and equity markets reverse.Read full newsRead More
(Bloomberg) - De Beers mined more diamonds last year than any time since the global financial crisis of 2008.The company, a unit of Anglo American Plc, mined 33.5 million carats in 2017. That's a 22 percent jump from a year earlier, beating its own target. Production was boosted by its new Gahcho Kue mine in Canada and better market conditions.Still, it hasn't necessarily been a bumper year for g...Read More
Jan 25 (Reuters) - Canada's Teck Resources said on Thursday it expects to lose coal production of about 200,000 tonnes due to an interruption at its Elkview coal mine in British Columbia.This comes a week after the miner reported a "significant pressure" event at the mine.Elkview will now produce steelmaking coal at about 80 percent of planned levels, Teck said.The Vancouver, Canada-based company...Read More