Figure 1. Gold Canyon Drill Hole LocationsDennis Moore, President and CEO of Fremont Gold added, "I am very pleased with our maiden drill program. The Fremont team has demonstrated the existence of several mineralized zones at both Gold Canyon and Gold Bar, including one that was previously overlooked just west of the Gold Canyon Pit. Additionally, geochemically anomalous zones identified by t...Read More
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,420.76, up 30.63 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 17 cents, or 2.39 per cent, to $6.94 on 10.9 million shares.Aimia Inc. (TSX:AIM). Loyalty programs. Up 89 cents, or 35.60 per cent, to $3.39 on 8.6 million shares. A group led by Air Canada (TSX:AC. Airline. Up 31 c...Read More
Oil has had one helluva good run over the last 12 months. Since last July, the cost for a barrel Texas Tea has marched more than 42% higher. But we knew 2018 was going to be a good year, didn't we? To be fair, we talked all about the bullish catalysts that were in the pipeline in an oil outlook I penned last September. It was clear to us that the fundamentals were strengthening and the imbalance w...Read More
A Spike in Bank Lending to Corporations - Sign of a Dying Boom?As we have mentioned on several occasions in these pages, when a boom nears its end, one often sees a sudden scramble for capital. This happens when investors and companies that have invested in large-scale long-term projects in the higher stages of the production structure suddenly realize that capital may not be as plentiful as they...Read More
Angel Abbud-Madrid, director of the Center for Space Resources at Colorado School of Mines, was recently profiled by Denver alt-weekly Westword for a feature about the university's new graduate program in space resources. Fellow Mines faculty member George Sowers and current student Adam Marcinkowski were also quoted in the article.From the article:Abbud-Madrid and other members of the Mines facul...Read More
A geographic information system tool designed by Colorado School of Mines students is helping improve access to healthy, local food in Jefferson County.It started as an EPICS II project in 2017, but the partnership with GoFarm, a Golden-based nonprofit dedicated to improving local food access, has continued to grow and thrive."GoFarm has benefited so much from the students' creativity and eagernes...Read More
I'm excited to announce that we're holding our first-ever live summit.I'll be hosting it next week along with our in-house marijuana investment expert, Jimmy Mengel.It will be a 60-minute live master class on how medical cannabis is the biggest medical breakthrough in 220 years, and why early investors in it stand to make huge profits.During the summit, Jimmy is going to reveal his "Power 3" canna...Read More
VANCOUVER - Robert Friedland, executive chairman of Ivanhoe Mines (TSX: IVN, US-OTC: IVPAF), was in fine form during his presentation at the Sprott Natural Resource Symposium in Vancouver in mid-July. The promoter had a clear if familiar message for the hundreds of investors and mining executives in attendance: the energy revolution is here, metals are the "new oil," and Ivanhoe - with its three...Read More
CloseGain/LossGold $1225.20+$0.20Silver$15.48+$0.10XAU78.83+0.91%HUI170.07+0.81%GDM600.29+0.76%JSE Gold1008.03-7.66USD94.58-0.05Euro116.83-0.12Yen90.07+0.25Oil$68.52+$0.6310-Year2.952%-0.012T-Bond143.125+0.3125Dow25241.94+0.79%Nasdaq7840.77-0.01%S&P2820.40+0.48% The Metals: Gold fell $6.60 to $1218.40 in Asia before it rallied up to $1229.50 in late morning New York trade and then drifted...Read More
As governments around the world debase their currencies, you need an asset that can ride out the hard times. And nothing fits the bill like gold writes John Stepek of Money WeekWe've always said that you should have a bit of physical gold in your portfolio (about 5%-10%, depending).And note that, by gold, we do mean gold, not gold miners. If you own the miners (and sometimes it can be a good id...Read More
Once again the US dollar is playing a key role in determining gold and silver prices. Investors will not invest in gold and silver if price falls today also. In fact, there will be a sell off if gold and silver fall today. Big three days for crude oil as it needs to trade over $66.90 to prevent a sell off. Copper can range trade for a much longer time than most of us expect. I am very bullish on...Read More
Mr. Brett Heath reportsMETALLA ANNOUNCES VALGOLD SHAREHOLDERS VOTE IN FAVOR OF PLAN OF ARRANGEMENTShareholders of Valgold Resources Ltd. voted to approve the plan of arrangement between Metalla Royalty and Streaming Ltd. and Valgold (as previously announced on May 9, 2018) at the annual and special meeting of Valgold shareholders. The arrangement was approved by 99.99 per cent of the votes cast b...Read More
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 23, 2018.Number of shares: 11,499,998 sharesPurchase price: seven cents per shareWarrants: 5,749,999 share purchase warrants to purchase 5,749,999 sharesWarrant exercise price: 10 cents for a two-year periodNumber of placees: 37 placeesInsiders: Brian Groves, 3...Read More
Veteran investor Rick Rule is always on the hunt for under-the-radar opportunities. Here he shares two commodities he believes areRead full newsRead More
"They are taking on debt that they can't repay. A drop in savings and rise in delinquencies means you can't support the (overall) spending...[an oil or trade shock] could lead to a rather dramatic scaling back of consumption...Read full newsRead More
Metallis Resources Inc (TSXV:MTS)(Read full newsRead More
ELKO - Boom. Bust. Rush. Crash.Read full newsRead More
"Though the #miningindustry acknowledges some huge challenges, industry leaders appear unwilling to tackle these head on at a company level. Read more from the #GlobalLeadershipReport https://t.co/jAmFWcokTP @ProudfootMCG @SwannGlobal"Read full newsRead More
Technology may yet have profound implications for mining and mining investmentRead full newsRead More
VANCOUVER, British Columbia, July 23, 2018 (GLOBE NEWSWIRE) - Western Resources Corp. ("the Company") is pleased to announce that its wholly owned subsidiary Western Potash Corp. ("Western") has successfully developed a groundwater supply source for the Company's proposed Milestone Phase I Potash Project ("Phase I Project") located 35 km southeast of Regina, Saskatchewan. Water pump test results...Read More