Canada's Inmet Mining (TSX:IMN) reached a milestone after the government of Panama approved the environmental and social impact assessment (ESIA) for its Cobre Panama copper project.Granted by the environmental authority of the country, the Autoridad Nacional del Ambiente (ANAM), the approval of the environmental and social impact assessment includes the mine, mill, surface infrastructure, a port...Read More
Goldgroup Mining Inc. ("Goldgroup") es una compa???-a de miner?-a y metales bien financiada con sede en Canad??, enfocada a la ...Read More
Goldgroup Mining Inc. ("Goldgroup") is a well-funded Canadian-based mining & metals company focused exclusively on gold ...Read More
Weak manufacturing data from China and a US economy deemed to have "significant downside risk," saw benchmark North American crude futures dropmore than $5 to just above $80 a barrel, bringing the discount to international oil prices to more than $25.The biggest oil sands player, Suncor Energy (TSE.SU), tumbled 6.8% to C$26.21 on the Toronto Stock Exchange, bringing its year to date losses to more...Read More
Watch this picture Montage to see the construction of the Copper Mountain Mine, Canada's Newest Major Copper Producer.Read More
Penny stocks have a solid reputation for being a risky investment; however, if the potential rewards excite you, then the list below might provide an interesting starting point for your search.To create the following list, we took a universe of penny stocks (priced under $5 per share) and searched for names with a market cap over $300 million experiencing significant levels of insider buying over...Read More
Goldgroup Mining Executive Chairman Gregg J. Sedun interviewed by Steve Crowley at Wall Street Cast - May 2011.Read More
One of the residual benefits of the cantankerous debate regarding the debt ceiling in Washington is the health care sector. The debate on raising the debt limit has demonstrated the remarkable gains in political clout of the tea party and fiscally conservative elements of the GOP. With that clout, expect current health care legislation to be repealed or changed entirely at some point in the near f...Read More
Just What the Doctor OrderedHealth care is considered a defensive sector, and large-cap health-care stocks tend to outperform in times of economic uncertainty and stock market turmoil. That’s all well and good, but in a market as oversold as the one we’re currently in, I think it will be much more profitable (and fun) to aim for the fences with some biotech penny stocks.Now, when I say...Read More
Big Things in Little PackagesThe market has taken quite a beating since its April 29 high, and this has dragged the good down with the bad. Volatile penny stocks are especially susceptible to this kind of sell-off. However, they also have the potential to rebound fast and furiously when the market turns back around.Now, when we say “penny stocks,” we’re not talking about micro-ca...Read More
Shares of Newmont Goldcorp (NEM) fell Tuesday after third-quarter earnings for the world's largest goldminer missed analysts' expectations. Adjusted earnings per share totaled 36 cents in the latest quarter, compared to analysts' forecast of 39 cents, as tallied by Refinitiv. Earnings adjustments included a gain on the formation of Nevada Gold Mines, transaction costs associated with the Newm...Read More
Gold prices and gold stocks have been on a parabolic rise, with the metal hitting record highs almost every day. I expect the long-term bull market in precious metals to continue, because commodities represent one of the best investments in a weak U.S. dollar environment.And one of the best ways for aggressive traders to leverage this could be with penny stocks. Now, the stocks on this list...Read More
Inmet Mining Corporation (TSX:IMN) (Inmet) announced today that its wholly-owned subsidiary Minera Panama, S.A. (MPSA) has received a letter from His Excellency, the Minister of Industry and Commerce, Roberto Henriquez, that clarifies the Government of Panama's position on the recent repeal of Law 8 of 2011, making it clear that such repeal will not impact the development of mining projects in Pan...Read More
Add Angola to your Australian REE explorer watch list. An Australian juniorexplorer, Black Fire Minerals (ASX:BFE) has taken an option over the LongonjoREE project in central Angola. The company would, if the deal goes through, own70 per cent of the 3600 square kilometre project.Previous exploration has identified an REE anomaly with assays peaking at1.68 per cent lanthanum, 3.04 per cent cerium a...Read More
Newmont Goldcorp, (NEM - Get Report) the world's biggest gold miner, said a 24-day blockade at its Pe??asquito mine in Mexico's northern Zacatecas state ended Tuesday, but operations at the mine remain suspended. The company is ensuring the blockade doesn't resume before it opens the mine. It said it's working with the federal and state governments for a long-term solution. "The lifting of the...Read More
"What happened to me could happen to anybody," John Felderhof, a former geologist and senior vice-president at Bre-X Minerals, told a small group gathered in a seminar room at the recent Prospectors and Developers Association of Canada convention."Do I know what happened at Busang? My answer is no. Do I believe there is commercial gold there? Yes I do. Did Michael de Guzman commit suicide? Most l...Read More
Contrarians weren't surprised by the huge air pocket that gold encountered on Monday. Furthermore, they believe that, even in the wake of that air pocket, gold's near-term direction continues to be down. On both counts, the culprit is the exuberance that short-term gold timers began exhibiting in recent sessions. And, as contrarians like to remind us, that's not the kind of sentiment foundation...Read More
Federal Reserve officials are worried about President Donald Trump's trade war with China. Industry groups representing the likes of ConocoPhillips (COP) and Macy's Inc. (M) are worried. Investors are worried too. So what does Trump want by charging down this warpath? Economists from at least one global investment bank, Barclays Plc (BCS) , are now willing to say: They haven't the foggiest...Read More