Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,393.95, down 61.78 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 21 cents, or 3.08 per cent, to $7.02 on 9.26 million shares.Baytex Energy Corp. (TSX:BTE). Oil and gas. Down 14 cents, or 3.35 per cent, to $4.04 on 8.66 million shares.Cequence Energy Ltd. (TSX:CQE). Oil and gas. Down...Read More
CALGARY - The head of Canada's largest drilling company says he's not surprised that a Canadian drilling forecast is being chopped despite higher global oil prices so far this year.Kevin Neveu, CEO of Precision Drilling Corp., said Tuesday his company is in the process of moving an idle drilling rig from the Deep Basin of northwestern Alberta to Pennsylvania, where it is expected to find work dri...Read More
It was 1:30 in the morning, and I was exhausted.I had an interview with a band that was doing a show at the Kingsland in Brooklyn. It was a fantastic show and an absolute privilege to speak with some of the members of the Ukrainian metal band, Jinjer. But I can't lie. I don't keep the same late hours I used to. And when the show was over, I was ready to get back to my room and get some shut-eye.No...Read More
Last year about this time (mid-June), I wrote some predictions. Let's see how we did.I wrote:Here we are just about halfway through 2017.It is just past the longest day of the year, when I slaughtered a goat under an oak tree with a silver sickle just as the sun went down. After pulling out its bloody entrails, a friendly neighborhood druid studied them intently. She turned to me, eased the dark c...Read More
Aragorn's Law or the Mysterious Absence of the Mad RushLast week the price of gold dropped $8, and that of silver 4 cents. There is an interesting feature of our very marvel of a modern monetary system. We have written about this before. It sets up a conflict, between the perverse incentive it administers, and the desire to protect yourself in the long term. Answer: usually when it is too late....Read More
Many people get figuratively lost in the ghost cities of China. Others refuse to take China seriously, for they cannot stop worrying about its debts. Then there are those who cannot even contemplate that a non-democratic country can do well. For them, China is all smoke and mirrors. They completely ignore the fact that so much of what we consume today comes from China.China has grown exponentially...Read More
The sudden and unexpected departure in late July of Barrick Gold president Kelvin Dushnisky - and more tellingly, the lack of a named replacement and the unusual vacancy in Barrick's CEO spot since mid-2014 - stands in stark contrast to the orderly transitions announced by Teck Resources and Lundin Mining just two days later.At Teck, long-time chairman Norman B. Keevil said he will retire from tha...Read More
Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) is wrapping up the second phase of a three-part exploration program at its New Ingerbelle copper property, 1 km west of its Copper Mountain mine near Princeton, British Columbia.The second phase encompasses 10,000 metres in 30 holes. Results so far have come from the first seven holes and include 0.63% copper equivalent over 165 metres from 147 met...Read More
Wallbridge Mining Company Limited (TSX:WM, FWB:WC7) (Read full newsRead More
CloseGain/LossGold $1221.30-$1.90Silver$15.49UNCHXAU76.68-0.13%HUI165.36-0.18%GDM591.76-0.20%JSE Gold1057.79+26.14USD94.37-0.29Euro117.06+0.46Yen90.17UNCHOil$70.13+$1.4410-Year2.978%+0.020T-Bond142.53125-0.40625Dow25306.83-0.57%Nasdaq7630.00-1.39%S&P2802.60-0.58% The Metals: Gold fell $4.10 to $1219.10 in Asia before it bounced back to $1225.00 by late morning in New York, but it then drif...Read More
Description: In just over 2 months Russia has sold-off over 85% of its holdings of U.S. Treasuries, should the U.S. be concerned?- Russia has liquidated 85% of its US Treasury holdings in just two months- Russia dumps over $90 billion of Treasuries in April and May as holdings collapse from near $100 billion to just $9 billion- Deepening geo-political tensions between Russia and U.S. and Russian...Read More
I am bullish on gold and silver after the FOMC meet. There should be some cautious words on the US economy in the FOMC. Friday's US GDP numbers did not reflect a trade war effect. The trade war's effect on the US economy as well as the global economy will come in from September onwards. This means that US data releases from November onwards will reflect Trump tariff and trade war. There is nothi...Read More
"Arctic Star Reports Spring Exploration Program Results from Diagras Property, Northwest Territories, Canada -- #ArcticStar $ADD $ADD.CA $ADD.V #Timanti @ArcticStarExpl #Finland #Diamond #Mining #Diagras -- Read the News Release here: https://t.co/qjdTjv6imS"Read full newsRead More
Through a newly formed joint venture, Newmont Mining will gain a 70-percent stake in Nova Resources' Officer Hill gold project in Australia.Read full newsRead More
This may not beRead full newsRead More
Australia's Lucapa Diamond (ASX:LOM) announced Monday the recovery of yet another special diamond from its 70 per cent-owned Mothae diamond mine in Lesotho.The 11.88-carat diamond was recovered from the North zone and, according to Lucapa, it is the first of its kind recovered from that section of the Mothae kimberlite pipe.In a press release, the miner said that this recovery means that special d...Read More
An iron meteorite that was found in 2016 in Buryatia, southern Russia, provided the keys for the discovery of a new mineral called 'uakitite,' which is associated with sulfides, schreibersite and magnetite.The discovery was made by researchers from the Ural Federal University, Novosibirsk State University and the Geological Institute at the Siberian Branch of the Russian Academy of Science. Given...Read More
An iron meteorite that was found in 2016 in Buryatia, southern Russia, provided the keys for the discovery of a new mineral called 'uakitite,' which is associated with sulfides, schreibersite and magnetite.The discovery was made by researchers from the Ural Federal University, Novosibirsk State University and the Geological Institute at the Siberian Branch of the Russian Academy of Science. Given...Read More
"Arctic Star Reports Spring Exploration Program Results from Diagras Property, Northwest Territories, Canada -- #ArcticStar $ADD $ADD.CA $ADD.V #Timanti @ArcticStarExpl #Finland #Diamond #Mining #Diagras -- Read the News Release here: https://t.co/Vjviue4r7o"Read full newsRead More
"#POTstocks #investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #breakingnewsFSD Pharma Inc. (@FsdPharma) (CSE: $HUGE) Shares Traded For #Cannabis Company [https://t.co/px23bIrMob]"Read full newsRead More