Nov 13, 2018-Komatsu Mining Corp. has been named one of America's Safest Companies by EHS Today, the magazine for environment, health and safety leaders. As one of 13 honorees nationwide, Komatsu was chosen for its dedication to the safety and health of its employees and customers."It's great to be recognized for all the hard work our employees put into working safely and driving towards zero harm...Read More
Executives, investors and government officials meet in Cape Town this week at the African Mining Indaba, the continent's biggest gathering of one of its most essential industries.The gold sector is a hot topic this year, after two giant deals reignited interest in bullion producers, prompting speculation over who might be next. Tailings dams are also in the spotlight, after Vale SA's disaster in B...Read More
Zambia has received bids from Canada's First Quantum Minerals (FQM) and others for a 17 percent stake in state mining investment arm ZCCM-IH, the finance minister said on Tuesday."There are multiple unsolicited offers on the table, including from FQM, which are based on preferential share conversions," said Margaret Mwanakatwe on the sidelines of a mining conference in Cape Town."The offers rela...Read More
Vale SA said it's temporarily halting some operations at its Brucutu mine, potentially causing a production loss of about 30 million metric tons of iron ore a year - a move that an analyst said could cause "incremental supply shock." Iron ore in Singapore climbed.The move is in compliance with a Brazilian court order issued to help improve safety after one of Vale's tailings dam in Minas Gerais st...Read More
* April-Dec net profit grows 6 pct y/y to record 442 bln yen* Books impairment losses on Olam, Chilean iron ore mines* Keeps full-year profit forecast of record 640 bln yenJapan's biggest trading house Mitsubishi Corp on Tuesday posted a 6 percent rise in its April-December net profit thanks to higher income from energy operations, and stuck to its record profit forecast for the year despite one-o...Read More
A report commissioned by Brazilian miner Vale SA last year to look into the stability of the tailings dam that ruptured Jan. 25 certified it as sound but raised concerns over its drainage and monitoring systems, newspaper Folha de S. Paulo reported on Tuesday.The report by German-based T?oeV S?oeD, which Folha said it had access to, made 17 recommendations aimed at improving the stability of the s...Read More
Record palladium prices and a weaker rand are lifting the gloom enveloping South Africa's platinum industry.For South African producers, the rally in palladium is partially offsetting the slump in platinum prices to near a decade low. Combined with a decline in the rand, which lowers costs for miners selling metal for dollars, that's extending a lifeline to companies such as Impala Platinum Holdin...Read More
Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Brazil's second largest mine, behind Vale's Caraj??s.Read full newsRead More
A report made public today by Rapaport reveals that polished-diamond prices softened in January, with 1-carat stones falling by 0.4% last month and 1.8% compared to January 2018, while 3-carat gems fell by 1.8% last month and 5.9% compared to last year.Smaller diamonds saw a less steep decline in prices as 0.5-carat rocks fell by 0.3% in January 2019 and 0.1% when compared to last year, and 0.3-ca...Read More
Lara Exploration (TSXV: LRA) announced this week that it signed a Definitive Agreement granting Capstone Mining (TSX:CS) an exclusive option to earn up to a 70% interest in the Planalto copper project, located in the Caraj??s province in northern Brazil.In a press release, the companies stated that under the terms of the agreement, Capstone has to pay Lara $200,000 following the receipt of a drill...Read More
BlueRock Diamonds (LON:BRD) said Tuesday it had recovered an "exceptional" 8.97-carat stone at its Kareevlei mine, in the Kimberley region of South Africa.It is the second largest stone mined from Kareevlei and the third valued at more than $50,000. The other two were a 7.76 carat stone sold for $10,070 per carat in 2017 and a 10.58 carat diamond sold for $7,047/carat in 2018.The 8.97 carat stone...Read More
"A Super Bowl blitz of strippers hit Atlanta - 'Everyone's looking at it like it's a gold mine' https://t.co/zGxt5hpF2H"Read full newsRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that its plant-based products and packaging are now available on RangeMe, an innovative technology platform being adopted by leading North American retailers including Albertsons, Whole Foods, Target, CVS, HEB, Publix, Safeway, Sam's Club and Wegmans.Modeled after modern matchmakin...Read More
Price inflation has been badly misrepresented by CPI figures and have been averaging closer to about 8% annually since gold topped in Sept 2011. Since then the purchasing power of the dollar has declined by about 43%, so that in 2011 dollars the gold price is $740. No one seems to have noticed, leaving gold extremely cheap. - Alasdair Macleod, "Ten Factors To Look For In Gold In 2019"The following...Read More
Editor’s Note: This story was previously published in November, 2018. It has since been updated and republished.After the most recent midterm elections it was clear that Americans preferred legalization over the continued prohibition of pot, which should bolster the case for the top marijuana penny stocks.When residents in California voted for full recreational weed, it boded well not just f...Read More
OceanaGold (TSX: OGC; ASX: OGC) says its mines in the Philippines, New Zealand and the U.S. will produce a total of between 500,000 and 550,000 oz. of gold and 14,000 to 15,000 tonnes of copper this year at all-in sustaining costs (AISC) ranging from US$850 and US$900 per oz. gold sold.In 2018 the company produced 533,300 oz. of gold and 15,000 tonnes of copper at AISC of US$767 per ounce.This ye...Read More
by Morris HubbarttFebruary 5, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video AnalysisSF60 Key Charts, Signals, & Video Analysis SF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Website Readers: Send me an email to signals@superforcesignals.com a...Read More
After surging to its highest price since May 2018, gold has pulled back sharply in recent days because of renewed optimism for the global economic outlook and for stocks. This doesn't mean that the gold bull market is over, with a range of indicators, key being growing economic and geopolitical uncertainty, pointing to firmer gold during 2019. That will act as a powerful tailwind for many gold sto...Read More
Let's go over some stocks that were still trading on the TSX index with low multiples just a few months ago and see whether they're still bargains. A combination of gold and energy stocks, this trio would have made a sound addition to a portfolio with their previous valuations. However, as we return to them today, we'll see that the economic landscape has shifted quite dramatically since then, ske...Read More
I used to be a much more flexible investor than I am nowadays.I would invest in anything as long as I thought it was undervalued. I cared more about my so-called "margin of safety" versus the quality of the business. If I could buy assets for 50% less than what I thought they were worth, I was all over it.But after some lackluster results, I changed my habits. I now focus on the best companies I c...Read More