Warren Buffett has never been a big fan of gold. At Berkshire Hathaway's annual general meeting in 2005, the billionaire investor said the precious metal "would be way down on my list as a store of value" and "I would much prefer owning a hundred acres of land near Nebraska, or an apartment house, or an index fund." And while that response to an investor's question is now fifteen years old - his v...Read More
Corvus Gold (TSX: KOR; NASDAQ: KOR) has released the results of 10 holes completed at its Mother Lode project in Nevada. The drill program has expanded the Central Intrusive (CIZ), Upper Oxide and North targets, and returned higher than expected grades from the Main zone sulphide unit.Drill highlights from the Central Intrusive include 29 metres of 2.21 grams gold per tonne starting at 468 metres;...Read More
U.S.-based Odyssey Marine Exploration hasn't given up its intentions to move forward with a phosphate seabed mining project in Mexico's Exclusive Economic Zone (EEZ), despite two permit rejections.The Florida-based company, through its Mexican subsidiary Exploraciones Oce??nicas, aims to dredge phosphate sands from one of the American continent's biggest deposits of the fertilizer.The asset, locat...Read More
Silver One Resources (TSXV: SVE; US-OTC: SLVRF) has released an updated resource estimate for the heap leach pads at its Candelaria project, 209 km southeast of Reno, Nevada.Indicated resources stand at 22.2 million tonnes, grading 42.1 grams silver per tonne (based on fire assay grades), and contain 30 million oz. silver, with an additional 11.5 million inferred tonnes, at 41.8 grams silver per t...Read More
This week marks the 200th episode of The Northern Miner Podcast with a double-header extravaganza featuring Canadian Mining Journal news editor Magda Gardner and B2Gold president and CEO Clive Johnson. Magda discusses the surprising intricacies of compiling a list of Canada's top 40 mining companies, while in our Thought Leadership segment, Clive describes how he helped take B2Gold from an idea to...Read More
BHP (NYSE: BHP; LSE: BHP), the world's largest miner, will decide whether to go ahead with its long-delayed multi-billion dollar Jansen potash project in Canada by mid-2021, about a decade after completing a feasibility study on the operation.The company had planned to make an investment decision in February 2021, but delays relating to the completion of shafts have pushed out the date by a few mo...Read More
The SPDR Gold Trust (GLD) is increasingly resorting to sourcing gold bars at the Bank of England - at least 70 tonnes of gold and possibly up to 150 tonnes.Read full newsRead More
Warren Buffett's Berkshire Hathaway bought a stake in Barrick Gold in the second quarter, a Friday filing showed. Barrick Gold surged as much as...Read full newsRead More
After a Winklevoss encounter highlights Elon Musk's space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings.Read full newsRead More
Golden Arrow Resources (TSXV:GRG) is hosting a Town Hall Webinar on Wednesday, August 19, 2020 at 1:05 PM - 2:15 PM PDT. Read full newsRead More
PORTOFINO RESOURCES INC. is pleased to announce the results of itRead full newsRead More
QMX Gold Corporation ("QMX" or the "Company") (TSXV:QMX) is pleased to release results from the ongoing exploration drilling program on the Bonnefond Deposit.Read full newsRead More
Canada's TSX stock index edged higher on Tuesday, boosted by major and junior gold miners after prices of the yellow metal climbed further this week after a much needed healthy correction during last week’s Friday session. Gold process rose more than 1% on Tuesday and climbed back above the $2,000 level breached earlier this month. As a whole, the materials sector added 0.9% as gold f...Read More
The ongoing COVID-19 crisis has increased the stock market volatility worldwide. Earlier this year, most TSX stocks tanked sharply as investors started paying attention to how the pandemic could affect business fundamentals in the quarters to come. Many of the stocks — that witnessed a sell-off in the first half of 2020 — started recovering in July in hopes of better future growth pros...Read More
Warren Buffett shocked markets in recent days when his Berkshire Hathaway revealed a new position in Barrick Gold (TSX:ABX)(NYSE:GOLD) stock.Barrick Gold stock rallyThe news sent Barrick Gold’s share price soaring by more than 10%. It also lifted the stock prices of most major gold mining companies as well as the price of gold itself and that of ETFs focused on gold or gold mining stocks.The...Read More
According to Berkshire Hathaway’s (NYSE:BRK.A)(NYSE:BRK.B) recent 13F SEC filing, there is a surprising addition to the company’s portfolio. Berkshire Hathaway now owns 1.2% or 20.9 million shares of Barrick Gold (TSX:ABX)(NYSE:GOLD) worth US$628.4 million.While this holding accounts for 0.3% of Berkshire’s total portfolio, the presence of a gold stock has surprised Warren Buffet...Read More
Warren Buffett’s new stake in Barrick Gold (TSX:ABX)(NYSE:GOLD) likely shocked many investors. We all knew that the Oracle of Omaha has been playing it cautious amid the COVID-19 pandemic, given the risk that the world economy could fall into a depression. However, having slammed gold as an investment many times in the past, many may be fearful that Buffett’s newfound love for gold may...Read More
Warren Buffett doesn’t usually venture north of the border for securities, but when he does, Canadians should pay close attention. While I’d never advocate following an investment guru blindly into or out of stocks, as one would typically pay-up a hefty “Buffett premium” for shares (Barrick Gold (TSX:ABX)(NYSE:GOLD) stock surged 11% in a day on news of Buffett’s new s...Read More
When Warren Buffett talks, smart investors listen. Every year, Warren Buffett’s Berkshire Hathaway holds its annual meeting in Omaha, Nebraska. The famed investor’s influence is on full display, as approximately 40,000 shareholders gather to hear him speak.So, when investors heard that Berkshire Hathaway opened a new position in Barrick Gold (TSX:ABX)(NYSE:GOLD), things changed. Barric...Read More
See what the mainstream does and then do the opposite. It's fair to say that's been a guiding principle here at the Outsider Club since the beginning, and it's one that has served the readers well. With headlines that have been popping up recently, it might be time to remind you that going against the grain could be the best choice you can make financially in these strange times we live in. The...Read More