The shock of past downward projections belies the true value of established gold miner Guyana Goldfields' Aurora gold mine, says Investor's Digest of Canada junior mining stock columnist Mike Kachanovsky. He calls Guyana a bargain stock and says a rebound in this sector is long overdue.There is a lot of commentary circulating in the precious metals sector about where the final bottom may be found...Read More
It's important to keep in mind that the mining stocks have been sold to levels well-below their intrinsic value - in the case of larger-cap producing miners. Or their "optionality" value - in the case of junior mining companies with projects that have a good chance eventually of converting their deposits into mines. "Optionality" value is based on the idea that junior exploration companies with pr...Read More
TORONTO - Canada's main stock index moved lower in late-morning trading as the key energy and materials sectors fell in the wake of lower commodity prices.The S&P/TSX composite index was down 73.53 points at 15,396.57.In New York, the Dow Jones industrial average was down 35.15 points at 25,409.19. The S&P 500 index was up 0.16 of a point at 2,767.94, while the Nasdaq composite was up 60.59 point...Read More
Today, U.S. Secretary of the Interior Ryan Zinke joined Paul C. Johnson, president of Colorado School of Mines, to announce a long-term partnership between the university and the U.S. Geological Survey (USGS). The partnership will bring more than 150 USGS scientists and their minerals research labs to the university's Golden, Colorado campus where government scientists and Mines faculty and studen...Read More
October 22, 2018 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce additional drill results from its wholly owned Hudson Bay project located in the Cobalt Camp, Ontario, Canada.Highlights from 11 drill holes Drill hole HB18-31 intersected one metre of 3,290 g/t silver, 0.29% nickel and 0.14% cobalt within 2.00m of 1,667.30 g/t silver, 0.15% nickel and 0.0...Read More
Creating and advancing a distinctive graduate student experience at Colorado School of Mines will be the focus of the 2018 awardee of the Ben L. Fryrear Endowed Chair for Innovation and Excellence.Geoff Brennecka, associate professor of metallurgical and materials engineering, is the third Mines faculty member to be named a Fryrear Chair since the chairship was endowed by Mines alumnus Ben Fryrear...Read More
Despite a strong U.S. dollar, the price of gold increased for the third consecutive week, finishing at US$1,226.50 per ounce, up 0.74%, while the S&P/TSX Global Gold Index rose 1.85% to 171.63. By contrast, the S&P/TSX Global Mining Index was down 1.17% to 53.03 and the S&P/TSX Global Base Metals Index lost 3.06% to finish at 95.08. The S&P/TSX Composite Index closed 0.36% higher, ending the tradi...Read More
Back on August 21, 2018, I wrote about the speculative fever that Novo Resources (TSX-V: NVO) had induced.The stock had attracted the attention of retail and institutional investors, and many believed that the company could very well be on the verge of the largest gold discovery in history.I opined that there were too many questions unanswered for me to justify speculating on a company with a mark...Read More
The above chart is a 20-year snapshot that covers the Gold to Silver price ratio. It measures the number of silver ounces are needed to purchase a single ounce of gold. This bellwether indicator has crossed into new territory and is currently fluctuating between 85 and 83, which is significantly higher than the normal range.Below is a 1-year chart for the Global X Silver Miners ETF, which tracks...Read More
BRING OFFERS! Rare 5-ac waterfront lot on highest point in McLean. Prime lot, no conservation easement permits unobstructed Potomac River views. Priv road, so no thru traffic. Perfect for exec/politician seeking private estate just mins from DC. Surrounded by multi-mill homes in prestigious McLean neighborhood. 5BR perc cert, approved grading plan, see disclosures.2018 Tax assessment $1,837,000.Re...Read More
BRING OFFERS! Rare 5-ac waterfront lot on highest point in McLean. Prime lot, no conservation easement permits unobstructed Potomac River views. Priv road, so no thru traffic. Perfect for exec/politician seeking private estate just mins from DC. Surrounded by multi-mill homes in prestigious McLean neighborhood. 5BR perc cert, approved grading plan, see disclosures.2018 Tax assessment $1,837,000.Re...Read More
The recent massacre of seven people in one of Venezuela's mining regions may confirm that the Colombia guerrilla group ELN is expanding its criminal activities into the south of Venezuela, encroaching on the gold mining territory of local mafias.Read full newsRead More
Shandong Zhaojin Group , one of China's biggest gold miners, is scouring as...Read full newsRead More
Harmony Gold Mining Company Limited (HMY) has been on the move lately as the stock has risen by 9.9% in the past four weeks, and it is currently trading well above its 20-Day SMA.Read full newsRead More
"Strong #lithium demand - $SQM CEO Patricio de Solminihac: "We knew that overhauling and ramping up the plant at this moment would be challenging; we have very low inventories, the demand growth is strong, and our customers are requiring complex technical specifications.Read full newsRead More
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"More delays for $SQM in #Chile:Read full newsRead More
Angola's head of presidential security, Minister Pedro Sebastiao, said this weekend that some 380,000 illegal migrants, mostly from the neighbouring Democratic Republic of Congo, have left his country in the past month due to the massive, government-led 'Operation Transparency' which is targeting diamond smuggling.According to Sebastiao, diamonds worth more than $1 million had been seized in the c...Read More
Angola's head of presidential security, Minister Pedro Sebastiao, said this weekend that some 380,000 illegal migrants, mostly from the neighbouring Democratic Republic of Congo, have left his country in the past month due to the massive, government-led 'Operation Transparency' which is targeting diamond smuggling.According to Sebastiao, diamonds worth more than $1 million had been seized in the c...Read More