Allegiant Gold (AUAU.V) is kicking its Eastside exploration program in a higher gear after meeting the expectations on the western portion of the gold deposit. As you might remember, pretty much the entire western zone of Eastside was classified as 'waste' within the pit shell. Not because the rock didn't carry any gold, but because virtually no exploration or drilling was conducted on that part o...Read More
Aurora Cannabis Inc. (TSX:ACB) has increased its ownership interest in Hempco Food and Fiber Inc. (TSXV:HEMP) to ~35% after exercising warrantsSmallCapPower | March 29, 2018: Hempco Food and Fiber Inc. (TSXV:HEMP) announced on Monday that Aurora Cannabis Inc. (TSX:ACB) has exercised 10,558,676 warrants to buy Hempco common shares for total proceeds to Hempco of $4.3 million. As a result of the exe...Read More
Exploration activities at Nevsun's Timok copper-gold project in Serbia. Source: Nevsun Resources Ltd.Nevsun Resources Ltd. [NSU-TSX; NYSE American] has announced the results of a pre-feasibility study for the Timok Upper Zone copper-gold project in Serbia, which ranks as one of the world's best development stage copper projects."The PFS confirms the extraordinary value of our wholly-owned Timok Up...Read More
FEB18MAR18APR18JUL18OCT18JAN19Estimated Volume30,671 Previous Actual Volume17,416 commodities@reuters.com)) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is s...Read More
Metal Bulletin is hosting a free web seminar on Thursday April 5 at 9am London time to discuss the key drivers of the battery raw materials markets, including substitution risk, electric vehicle policy, and supply of lithium, nickel and cobalt. Date Thursday April 5 Time 9am London time Join members of our global battery raw materials team as they discuss: - EV subsidies and government policy in C...Read More
Shaft 1 head gear for the Platreef Project, South Africa. Source: Ivanhoe Mines Ltd.Ivanhoe Mines Ltd. [IVN-TSX; IVPAF-OTC] on Thursday March 29 said a formal proposal outlining recommended changes to the 2018 national mining code has been submitted to the Democratic Republic of Congo's Minister of Mines by a group of international mining companies that includes Ivanhoe.The announcement follows re...Read More
Leading commentaries from Thursday's New York and London sessions: * EUR vulnerable to overly high expectations for ECB * UK GDP hints at tough slog for sterling * USD/JPY bulls over hump, but not out of woods * EUR/USD longs need range break before they run * USD/JPY wrong-footed shorts ripe for further squeeze Disclaimer: The views expressed in this article are those of the author and may not...Read More
Gold futures settled lower on Thursday, posting a decline for the week, as concerns over a potential global trade war continued to ease and benchmark U.S. stock indexes strengthened, dulling haven-related demand for the precious metal. Gold marked a third-straight quarterly gain, but it was the smallest quarterly rise in seven years. Gold has been up year to date, but...not an impressive gain give...Read More
Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (15,367.29, up 197.35 points)Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up one cent, or 0.27 per cent, to $3.75 on 17.1 million shares.Neovasc Inc. (TSX:NVC). Medical devices. Down seven cents, or 46.67 per cent, to eight cents on 13.6 million shares.Prometic Life Sciences In...Read More
The roller-coaster ride for gold and silver continues. After last week's big rally, this week's sell-off hastaken away most of those gains. The action, although painful, is no surprisebased on the pattern that the metals are in.Gold at $1,300 and silver at $16 arecertainly in play here. The failure to take out the top end of the range bringspressure on the metals, increasing the odds that the bott...Read More
Tesla (NASDAQ: TSLA) shorts are enjoying the negative press and credit downgrades and pot stocks are getting hammered. This, and more, in today's Green Chip Minute ...Read More
Prices heading for third quarterly rise as ETF demand picks upBolton's addition to Trump's team may spur gains, ANZ predictsSell Bitcoin, Buy Gold? Gold bulls are finding 2018 offers plenty of reasons to be cheerful.Bullion’s wrapping up a third quarterly gain, a feat not seen since 2011, and exchange-traded fund holdings are near the highest in a half-decade. Haven demand may also get a bo...Read More
Representatives of major international mining companies active in the Democratic Republic of Congo (DRC) have submitted a formal proposal to the country's Ministry of Mines that they say is designed to address their concerns about the recently-revised mining code as well as the government's revenue needs. Among other things, the proposal includes linking a sliding scale of royalty rates to the pri...Read More
CME GOLD DEPOSITORY STATISTICS GOLD Report Date:29 MAR 2018Troy Ounce Activity Date:28MAR18 DEPOSITORY PREV TOTALRECEIVEDWITHDRAWNET CH.ADJUST.TOTAL TODAYBRINK'S, INC. Registered131568 0 00 0 131568Eligible206223 0 00 0 206223Total 337791 0 00 0 337791DELAWARE DEPOSITORY Registered8020 0 00 0 8020Eligible 88881 0 00 088881Total96901 0 00 096901HSBC BANK, USARegistered132683 0 00 0 132683Eligible 5...Read More
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,169.94, down 46.24 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 50 cents, or 5.25 per cent, to $9.03 on 10.5 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down five cents, or 1.32 per cent, to $3.74 on 9.4 million shares.Crescent Point Energy (TSX:...Read More
Enertopia Corporation (OTCQB: ENRT, CSE: TOP) is an exploration and development company, which has engaged Genesis Water Technologies (GWT) to adapt their technology to be able to produce battery-grade lithium carbonate from brines, or the creation of a synthetic brine from the company's lithium project in Clayton Valley, Nevada, U.S., located near Albemarle's Silver Peak lithium brine mine. Enert...Read More
Patience is a virtue.I try to remind myself of this every so often.Unless you're planning on looking at a chart every 30 seconds, then buying and selling your position within the span of a few hours, patience is an absolute necessity.Let's leave the day trading for the herd.We have better things to do with our time, don't we?I'm not talking about those set-it-and-forget-it, multi-decade holds, eit...Read More
Selenium prices in Europe continued to hit fresh highs this week, climbing to their strongest level since January 2015."Selenium doesn't seem to be stopping," a trader said, adding, "India has been buying again and the sentiment is still positive."Metal Bulletin assessed selenium free market in-warehouse prices at $23-25.50 per lb on Wednesday March 29, up 1% from the previous assessment.Selenium...Read More
TO HAVE EVENTS INCLUDED, PLEASE CONTACT THE WASHINGTON NEWSROOMAT 202-898-8370/202-898-8318, OR BY FAX AT 202-898-8383 OR202-842-2527THIS DIARY IS FILED DAILY. ***Denotes a new entry. -------------------------------------------------------- FOMC MEETING DATES: 2018May 1-2 (second day: statement released 1400 EDT/1800 GMT)June 12-13 (second day: statement released 1400 EDT/1800GMT; news conference...Read More
Vancouver, British Columbia - March 29, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Fjordland Exploration Inc. (TSXV: FEX) ("Fjordland") announces a Letter of Intent has been signed with Unity Resources Inc. ("Unity") granting Fjordland the option to acquire a 65% interest in one mining claim located in the South Voisey's area, Labrador. Under the terms of the agreement, Fjordland has the o...Read More