Continental Gold's (TSX:CNL) stock went into free fall after the murder of three of its geologists in an armed attack on its facilities at its Berlin property in northwestern Colombia. Even a significant rally in gold over recent weeks, which sees the yellow metal trading at around US$1,280 an ounce, has been incapable of breathing life into the miner's depressed stock; it's down by around 40% for...Read More
It's time to end the absurd "war on terror." What exactly is the U.S. Government fighting? Hillary Clinton asserted that pulling out of Syria would "put our national security as grave risk." Huh? I see the U.S. military terrorizing the citizens of the countries occupied by U.S. forces all over the world. I have yet to see a Syrian military jet fly beyond the Middle East airspace looking to drop...Read More
The Orefinders McGarry Mine, northeast Ontario. Source: Orefinders Resources Inc.Orefinders Resources Inc. [ORX-TSXV; ORFDF-OTC] said Monday December 31 that it is preparing for a market turn as it continues with a strategy that offers levered exposure to the price of gold, while preparing the company for future mining industry consolidation.While Orefinders is a gold-focused company, its sharehol...Read More
Rio Tinto signs power supply deal for Mongolian copper mineTurquoise Hill Resources Ltd. [TRQ-TSX], a 51%-owned affiliate of Rio Tinto Plc [RIO-NYSE] Group, said Monday December 31 that it has signed a power source framework agreement (PSFA) that covers the supply of power to the giant Oyu Tolgoi copper mine extension in Mongolia.The mine is located in the Gobi Desert, close to the border with Chi...Read More
Share this articleVANCOUVER - Nevsun Resources Ltd. says Chinese company Zijin Mining Group Co. Ltd. has been successful in its $1.86-billion friendly takeover offer for the company.The companies say about 89.37 per cent of the total issued and outstanding Nevsun shares on a fully diluted basis were tendered to the offer of $6 per share in cash by the Dec. 28 deadline.The offer has now been extend...Read More
Happy New Year everyone!Goodbye 2018, I won’t really miss you much!Hello 2019, I can’t wait to get to know you better…For New Year’s Eve, I celebrated at Bonifacio Global City (BGC)… My “home” away from home…Started off at The Island, in Uptown…Let the countdown begin…HAPPY NEW YEAR!!!Later, headed on over to High Street, for the live co...Read More
Like millions of other people, I'm very nostalgic for Nintendo, especially at Christmas. That's because this story, or some version of it, is quite common:1986. Christmas morning. Under the tree, there was a giant wrapped box, tagged:TO: Luke and LanceFROM: SantaMy father told us we should open that one first.Tearing into it revealed a giant robot head staring back at us. And we immediately knew e...Read More
NEW YORK (AP) -Kohl's Corporation, up $6.13 to $65.92Retail stocks like Kohl's rallied the day after Christmas as investors cheered signs that Americans went out and shopped this holiday season.Newmont Mining Corporation, down 5 cents to $34.53The gold mining company's stock fell as gold prices slipped.Perrigo, up $4.20 to $40.70The Irish pharmaceuticals company rallied after falling more than 30...Read More
An Australian mining company wants to expand its mine in South Carolina because they have found more gold.Read full newsRead More
"Take 5 minutes and read up on the premier cobalt play, Canada Cobalt Works! #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals https://t.co/rMjJTfFL22"Read full newsRead More
Under the contract, Albemarle had agreed to provide as much as 25 percent of its annual production at a discount to companies seeking to produce battery metals within Chile.Read full newsRead More
It's been a tough year for mining, but the Big 3 were still a better investment than the FAANGs in 2018.Read full newsRead More
The common theme: stocks will be risky, volatility is back and returns across all asset classes could beRead full newsRead More
Green warns prices could plunge 5% to 10% into 2020Read full newsRead More
Over the past few months, the volatility that we've witnessed across the market has provided us with the opportunity to rebalance our portfolios and, more specifically, take into consideration some defensive options. Precious metals miners are rarely considered as defensive themselves, unlike the product that they produce, which has been seen as a safe and secure store of wealth for the millennia...Read More
Talking about a potential bankruptcy for First Quantum Minerals (TSX:FM) isn't new. In early 2016, the company itself admitted that its days were likely numbered. After issuing a going-concern notice to investors, the company said there was "significant doubt" it would be able to continue operating.While commodity prices were struggling, the specter of bankruptcy was entirely due to First Quantu...Read More
No beating around the bush and sugarcoating anything — I had a most dismal/miserable/pathetic 2018 and am looking most forward to saying good riddance to such a shit year. Granted, it’s all about perspective, though, and there’s really no use in dwelling about things too much… especially stuff from the past.What has happened, happened…Now I just gotta accept it, and f...Read More
This episode features a round-table discussion on clean mining recorded live at The Northern Miner's Progressive Mine Forum held at the MaRS Discovery District in Toronto in October 2018.The panelists are: Jason Goodhand, vice-president of business development at e-Zn Inc.; Cory McPhee, vice-president of corporate affairs, communications and sustainability at Vale Canada; John Mullally, vice-presi...Read More
It's the dumbest New Year's resolution I've ever heard."This year, I'm going to start investing and start getting rich!"You know what kind of people make New Year's resolutions like that?Poor people!Why would anyone "wait" to get rich?If it were the middle of summer and you figured out a way to more than double your money on a single stock, would you wait until the new year to buy that stock? Of...Read More
Small-scale gold mining has led to the destruction of more than 170,000 acres of primary rainforest in the Peruvian Amazon over the past five years, according to new research.Read full newsRead More