Charles Wyndham has been in the diamond industry for over 40 years. He was a director of the CSO, De Beers' selling arm, before deciding to leave De Beers to set up his own diamond businesses in 1995. He is co-founder of WWW International Diamond Consultants Ltd. (WWW) and is engaged in related businesses, mainly with others whose skills are based on the company's expertise in technology, the gath...Read More
Mawson Resources (TSX: MAW; US-OTC: MWSNF) has tabled a maiden resource for its Rajapalot gold-cobalt project in Finland that it says has plenty of room for expansion.The project contains a pit and underground constrained 4.3 million inferred tonnes grading 2.3 grams gold per tonne and 430 ppm cobalt, or 3.1 grams gold equivalent, for 320,000 oz. gold and 1,841 tonnes cobalt. Unconstrained, the pr...Read More
One of my favorite movies is The Big Short. If you haven't watched it, you should. Without spoiling it for you, we're just past the part where, after his due diligence, Steve Carell's character is told by a dancer how many mortgages she has.He rushes to place his bet, seeing this is not sustainable. The bet has been made, the trend is clear, the trade is a no-brainer, everything starts playing out...Read More
Assumptions are more common than the truth...And that's not commentary on "fake news" or other modern phenomena. It's instead a fact of the human condition.The human brain has an amazing ability to fill in missing information in any given scenario where 100% of the information isn't present. In other words, it can make assumptions. And your brain is pretty good at it, too.One way it uses this skil...Read More
On April 17, 1793, three French soldiers broke into the tomb of Michel de Nostredame, a man we know as Nostradamus.Legend has it that one man, a Corporal Adelaide, picked up the skull in an attempt to gain the power of the long-dead seer.His fellow soldiers bore witness that his eyes opened wide as he gained full knowledge, then was immediately struck down and killed by an errant bullet, fired fro...Read More
A BMO Capital Markets report summarized the investment thesis for this company.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index resumed its rapid downhill sleigh ride. The Index opened lower last week and after being unable to break above 1050, continued to head down, influenced by world market weakness and tax loss selling (which ends December 27th for Canadian stocks)....Read More
A BMO Capital Markets report summarized the investment thesis for this company.Read full newsRead More
Since it kicked off this year's 32,500-metre drill program in March, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has continued drilling at the Colomac and Grizzly Bear gold deposits, which, along with its Goldcrest gold deposit, make up the Colomac project's inferred resource of 2.61 million contained oz. gold in 50.3 million tonnes grading 1.62 grams gold per tonne.But the company has also spent a l...Read More
A coal mine accident in China's southwestern city of Chongqing killed seven workers and injured three, state-owned Xinhua news agency reported on Sunday.The workers at the Fengchun coal mine under the Chongqing Energy Group were killed in an underground transport accident on Saturday afternoon, Xinhua reported.The group has suspended operations at all of its coal mines, state television reported.C...Read More
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.According to AMI, sometimes local community members that opposed mining operations can cause security risks by deploying roadblocks and aggressive o...Read More
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.According to AMI, sometimes local community members that opposed mining operations can cause security risks by deploying roadblocks and aggressive o...Read More
Following a series of hearings that took place in November, three independent commissioners in New Zealand have greenlighted OceanaGold's (TSX/ASX: OGC) Martha pit, which is the first stage of an anticipated 10-year mine life extension for the historic Martha Underground Mine, located in Waihi town, in the North Island's Hauraki district.The Martha project comprises two mining areas below the curr...Read More
Following a series of hearings that took place in November, three independent commissioners in New Zealand have greenlighted OceanaGold's (TSX/ASX: OGC) Martha pit, which is the first stage of an anticipated 10-year mine life extension for the historic Martha Underground Mine, located in Waihi town, in the North Island's Hauraki district.The Martha project comprises two mining areas below the curr...Read More
Gold prices were holding firm around the $1,250 mark in early morning trading on December 13. Market watchers in the United States are eagerly awaiting the December 18-19 meeting of the U.S. Federal Reserve. Leading into the fall, a rate hike in December seemed all but certain, but violent market turbulence across the globe has thrown that supposition into question. However, markets have appeared...Read More
Share this articleYELLOWKNIFE - A Canadian mining firm says it has unearthed the largest diamond ever found in North America.Dominion Diamond Mines says the 552-carat yellow diamond was found at its Diavik mine in the Northwest Territories.It says the stone "far surpasses" the previous record-holder, known as the Diavik Foxfire, which was found at the same mine in 2015.Dominion, which owns 40 per...Read More
Harry Dean Proudfoot III formed a Tigard-based company to attract investors and promised to use their money to mine two gravel pits in Ohio, but instead used the money for living expenses, cars and travel, according to court records and information disclosed at his trial.Read full newsRead More
LOEI - Over a decade after alarms were raised about a gold mine firm's poisoning of a community in northeastern Thailand, a court ruled Thursday that it polluted the environment and must clean it up, according to activists.Read full newsRead More
The U.S. Attorney's Office in Oregon says Harry Dean Proudfoot III, 78, used the scheme to steal $3.2 million from 140 investors.Read full newsRead More
Scientists with the U.S. Department of Energy's Argonne National Laboratory have identified a new catalyst that uses only about a quarter as much platinum as current technology does to convert hydrogen and oxygen into water and electricity.As it is widely known, when it comes to fuel cell, platinum offers both activity and stability for electrochemical reactions. However, given the rarity and pric...Read More