Will Fleckenstein, director of strategic relationship and enterprises for the College of Earth Resource Sciences and Engineering, was recently interviewed by the Denver Business Journal about the Permian Basin in West Texas. Denver-based FourPoint Energy is partnering with Texas' Double Eagle Energy to drill a swath of the booming oil and gas basin.From the article:Many of those [geological] layer...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,263.16, down 14.57 points)Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 13 cents, or 2.50 per cent, to $5.07 on 8.6 million shares.Baytex Energy Corp. (TSX:BTE). Oil and gas. Down nine cents, or 2.06 per cent, to $4.28 on 5.7 million shares.Canadian Natural Resources Ltd....Read More
LONGUEUIL, Que. - Stornoway Diamond Corp. says it expects to reopen its Renard diamond mine Wednesday after suspending operations two days earlier because of a wildfire.The company says rainfall and shifting wind over the past 48 hours have helped contain the fires that threatened an access road and airport near the mine.Stornoway said Monday that it would shut down operations because the fir...Read More
Walkabout Resources Ltd (ASX: WKT) is fast-tracking the development of the high-grade Lindi Jumbo Graphite Project, situated in south-eastern Tanzania,to take advantage of forecast market conditions for Flake Graphite demand, with high ratios of Large and Jumbo flakes. We learned from Trevor Benson, Executive Chairman of Walkabout Resources, that they expect to get the mining license in the near t...Read More
On this day in 1775, newly appointed General George Washington formally took command of "a mixed multitude of people under very little discipline, order or government."The Revolutionary War had broken out with the Battles of Lexington and Concord just under three months earlier on April 19. On June 15, Washington was appointed commander-in-chief by the Continental Congress.Though he was recognized...Read More
CloseGain/LossGold $1240.20-$12.30Silver$15.85-$0.24XAU81.11-0.60%HUI173.49-0.59%GDM615.97-0.77%JSE Gold1060.20+0.44USD94.99+0.42Euro116.22-0.57Yen90.27-0.10Oil$73.94-$0.2110-Year2.864%+0.009T-Bond144.75-0.25Dow24307.18+0.15%Nasdaq7567.69+0.76%S&P2726.71+0.31% The Metals: Gold fell throughout most of trade in New York and ended near its last-minute low of $1239.70 with a loss of 0.98%. Sil...Read More
As the Reset Begins, Get Goldby James Rickards for Agora Financial's Gold SpeculatorThis may be the most important commentary I've ever written. Here's why.For years, financial analysts have discussed what's called the Global Monetary Reset, or GMR. Expectations of a GMR stem from the fact that monetary policies around the world are unstable and unsustainable.Aftermath: Seven Secrets of Wealth P...Read More
The offshore Yuan just crashed to its weakest against the greenback in 11 months.Read full newsRead More
After the end of the quarter but a few days ahead of the official numbers, it would appear that Tesla has achieved its targeted Model 3 production rate of 5,000 units per week as employees have bee...Read full newsRead More
(Page 1) Standard Lithium has developed a proprietary process that uses a solid ceramic adsorbent material for selectively extracting lithium ions from brineRead full newsRead More
BEIJING, July 4 (Reuters) - China's top steel maker China Baowu Steel Group will move 4.03 million tonnes of iron-making capacity and 4.55 million tonnes of steelmaking capacity to middle and southern provinces from eastern regions of Shanghai and JiangsuMove is in line with Beijing's push to relocate heavy industries from polluted and crowded regions to places with less environmental pressureSome...Read More
* Majority stake purchase seen valued at $3.5-$4.0 bln -minister* Govt drafting documentation on taxation, operational control* Deal might be completed in July - officialBy Cindy SilvianaJAKARTA, June 30 (Reuters) - Indonesia's state-owned mining holding company PT Inalum is close to finalising a multi-billion-dollar deal to acquire a majority stake in the giant Grasberg copper mine, government of...Read More
Gold prices edged lower on Monday as the dollar firmed after last week's U.S. inflation data supported the Federal Reserve's outlook for future interest rate increases.Read full newsRead More
Gold prices edged down inearly Asian trade on Monday as the dollar firmed, changingdirection from Friday when the metal rose for the first time infive sessions.FUNDAMENTALS* Spot goldwas down 0.1 percent at $1,250.95 anounce as of 0116 GMT. It gained about 0.4 percent on Friday.* U.S. gold futures were 0.1-percent lower at$1,252.70 an ounce.* The dollar index , which measures the greenbackagainst...Read More
The world is in the middle of a second gold rush — but it’s not gold they’re mining today. It’s Bitcoin and other cryptocurrencies, ones and zeroes that are being...Read full newsRead More
About two months ago, a senior Facebook exec predicted that social sharing via the company's variousRead full newsRead More
The management team of a Toronto and Vancouver based mining company, First Mining Gold Corp. believes the Hope Brook mine, located 20 kilometers west of Burgeo, could be the source of a gold boon for... | juin 23,2018Read full newsRead More
(Bloomberg) - Billionaire Anil Agarwal added to a string of commodities deals with plans to buy out minority investors in Vedanta Resources Plc, the resources group that he's seeking to transform into one of the world's largest.Agarwal's Volcan Investments Ltd. will offer 825 pence a share for the 33.5 percent of Vedanta it doesn't already own and plans to cancel its London listing. Vedanta surge...Read More
The XHB homebuilder ETF is decisively below three key moving averages after it knifed below its 50 dma last week. KB Homes reported a big earnings and revenue "beat" on Thursday after the market closed. The stock soared as much as 9% on Friday. Per the advice I gave my subscribers about shorting the inevitable price-spike in the stock, I shorted the stock Friday mid-day (July and August at...Read More
July 2, 2018 (Investorideas.com Newswire) Fund manager Adrian Day updates developments at one of his favorite royalty companies, as well as from several other companies in his portfolio.Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE, US$9.30), has been involved in several transactions this week. Arizona Mining, in which OR holds a 1% royalty, is being acquired by Australian miner South 32. Dalradian,...Read More