The Moa nickel-cobalt operation, a 50-50 joint venture with the Cuban government. Source Sherritt International Inc.Nickel is back on investor radar screens amid hopes that growing electric vehicle demand will boost consumption of the base metal.That's good news for Sherritt International Inc. [S-TSX] a Toronto-based company that is engaged in a nickel mining joint venture with the Cuban governmen...Read More

Cronos Group Inc. (TSXV:CRON) reported a 636% surge in sales in 2017 along with net income that more than doubledSmallCapPower | May 3, 2018: Cronos Group Inc. (TSXV:CRON) (NASDAQ:CRON) Monday reported a 636% YoY jump in sales to $4.1 million for FY 2017 compared to $0.6 million for FY 2016. The Company sold 577 kg of dry flower equivalence (based upon a 5 g equivalence factor for oil) generating...Read More

As a rule of thumb, I try to stay away from the sub-$5 category when it comes to cheap stocks.After all, companies don’t go public with a share price below $5. Thus, if a stock is trading below $5, that means investors have sold it off to be below $5. That usually means there is something really wrong with the underlying growth story, the valuation, or both.For this reason, finding a winner...Read More

Summary of Glencore's production results for the first quarter of 2018(own-sourced output volume, year-on-year % change).Copper 345,400 tonnes, +7% Zinc 242,700 tonnes, -13% Lead...Read More

Ontario is helping more patients receive quality end-of-life care closer to home by increasing the number of hospice beds and improving hospice facilities in Sudbury.Glenn Thibeault, MPP for Sudbury, was at the Maison McCulloch Hospice to announce that through the Northern Ontario Heritage Fund Corporation (NOHFC), the province will provide three additional adult residential hospice beds, six shor...Read More

(Kitco News) - Yamana GoldInc. (TSX: YRI; NYSE: AUY) late Wednesday reported that gold production in thefirst quarter exceeded the company’s expectations, although Yamana ended upwith a net loss mainly due to non-cash special items.The net lossattributable to Yamana shareholders was $160.1 million, or 17 cents per share.However, Yamana listed $170.2 million in non-cashcharges, with the bigge...Read More

One of the many past-producing mines from the 1800s on the large Barkerville Gold Mines Ltd. Cariboo gold project property near Wells, British Columbia. Photo courtesy Vancouver Public Library.Barkerville Gold Mines Ltd. [BGM-TSXV; BGMZF-OTC; IWUB-FSE] shares were active Thursday May 3 after the company announced a maiden resource estimate for the Cow and Island Mountain deposits at its wholly-own...Read More

The gold mining stocks on our list have industry-low forward Price to Cash Flow per share multiplesSmallCapPower | May 3, 2018: Gold prices decreased from US$1,321/oz to US$1,306/oz this week, shortly after the spike witnessed earlier in April from US$1325/oz to US$1355/oz. With concerns over U.S. military intervention in Syria and other geopolitical conflict, gold prices are likely to follow an u...Read More

Ontario and First Nations partners have signed historic resource revenue sharing agreements in mining and forestry - the first of their kind in the province.These agreements with First Nations, represented by Grand Council Treaty #3, Wabun Tribal Council and Mushkegowuk Council, commit Ontario to sharing 45 per cent of government revenues from forestry stumpage, 40 per cent of the annual mining ta...Read More

Investors often use the direction of the US dollar as a bellwether for gold's performance. However, over recent years, short-term movements in gold have been more heavily influenced by US interest rates and expectations of policy normalisation. Our analysis shows that the correlation between gold and US rates is waning and that the US dollar is again a stronger indicator of the direction of price....Read More

Glencore produced 7,000 tonnes of cobalt in the first quarter of 2018, up 11% from 6,300 tonnes in the same quarter of last year, according to the company's production report on Thursday May 3.Production from its African copper assets contributed 6,100 tonnes of cobalt in the first quarter compared with 5,700 tonnes in the corresponding period of 2017. The rise in production was reflective of a 50...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

There is a stealth bull market going on. It's a market pushed by Wall Street and Saudi Arabia, which wants to IPO the world's largest company, Saudi Aramco, at twice the size of Apple.But there is more than that going on. Here are 10 reasons oil is back on the bull.1. The Oil Price ItselfJust look at this chart. Look at it!Oil has been rocking for the past year.2. Global GrowthEmerging markets are...Read More

Royal Bank of Canada (TSX:RY) has a proven track record of earnings growth and the second-highest return on equity of Canada's Big 5 Banks over the past two yearsSmallCapPower | May 3, 2018: Royal Bank of Canada (TSX:RY) (NYSE:RY) is one of the leading banks in Canada, providing financial services across the globe. The Company operates in five business segments - Personal & Commercial Banking,...Read More

The Turkish deep-sea scrap markets have been quiet on Thursday May 3 while steel mills in the country and their scrap suppliers continued to negotiate prices for cargoes to be delivered in May.The steel producers have so far booked around 20 deep-sea cargoes for May, and have seen an uptick in offer prices. They then went quiet in the deep-sea markets at the end of last week.Current offer prices f...Read More

The arms race has started: deep fakes versus tech that exposes them. The only problem is that the technology that will supposedly tell us what is real and what is not… was created by DARPA.DARPA (Defense Advanced Research Projects Agency) is the government agency responsible for the developing things like killer robots, artificial intelligence, swarms of tiny drones, and even experiments wit...Read More

On Wednesday, Fed officialsconcluded their two-day meeting on interest rates and as is their way, they didnothing, focusing on the equity market as the only asset class that matters.They should have raised rates, but with their fear of the bubble they built,they remained mute.Gold ended with a loss Wednesday,making a new two-month low. Gold and silver have rallied overnight. Silver heldthe key lev...Read More

(Reuters) - U.S. stock indexes were down on Thursday, but off their session lows on what some traders said was due to technical buying amid worries of the outcome of U.S.-China trade talks, rising interest rates and disappointing earnings reports.A sharp drop out of the open had pushed the benchmark S&P 500 .SPX below its 200-day moving average, a key technical indicator of longer-term momen...Read More

 CloseGain/LossGold $1311.40+$6.90Silver$16.42+$0.05XAU82.38+0.56%HUI181.31+0.40%GDM631.85+1.07%JSE Gold1146.25-8.48USD92.46-0.35Euro119.90+0.49Yen91.56+0.36Oil$68.43+$0.5010-Year2.946%-0.030T-Bond143.5625+0.3125Dow23930.15+0.02%Nasdaq7088.15-0.18%S&P2629.73-0.23%  The Metals: Gold gained $13.50 to $1318.00 in London before it pared back in New York, but it still ended with...Read More

Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bil...Read More