This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Monday was a weak 73-100-117. The TSX Venture Exchange fell three points to 765 while polished diamond prices were flat. Bruce Counts's Lithoquest Diamonds Inc. (LDI) slumped 23 cents to 62 cents...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold rose $2.30 to $1,335.70 on Monday. The TSX Venture Exchange fell 3.69 points to 766.46 while the TSX Gold Index lost 1.84 points to 184.11. Most Canadian gold miners moved little today, although Guyana Goldfields Inc...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterWest Texas Intermediate crude for May delivery gained $1.36 to $63.42 on the New York Merc, while Brent for June gained $1.54 to $68.65 (all figures in this para U.S.). Western Canadian Select traded at a discount of $16.80 to WTI ($46...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 3.69 points to 765.46 Monday. Scott Ackerman's North Bluff Capital Corp. (NBK) has a filing statement for its QT with Mark O'Dea and Donald McInnes's Sun Metals Corp. This means that North Bluff is one ste...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellProsecutors in North Carolina have asked for a 12-year jail term for Michael Kipp, the architect of an accounting fraud that led to the demise of Swisher Hygiene Inc., a onetime Toronto Stock Exchange listing. They say that his actions caused at least...Read More
Cuban doesn't mince words when it comes to his opinion of gold.Considering how far off base his supply side argument was, it gives his other statements on gold zero credibility.There are times to hate gold, this is not one of them.Mark Cuban...billionaire, Mav's owner, investor, philanthropist, and future U.S. Presidential candidate?...doesn't mince words when it comes to his opinion of gold....Read More
The latest news and price moves to start the Asian day on Tuesday April 10.Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Monday April 9, with only lead and zinc bucking the trend. Read more in our live futures report.Here is how prices looked at Monday's close:Volume traded on the London Metal Exchange has soared since the United States Treasury...Read More
Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) issued a press release today stating that its mining operations in Russia continue to function according to plan and remain unaffected by the new sanctions announced by the United States on April 6, 2018.Last Friday, the U.S. Treasury Department imposed sanctions on seven Russian oligarchs including metal magnate Oleg Deripaska, as well as 12 companie...Read More
Colombia-focused Gran Colombia Gold (TSX:GCM) announced today that gold production for the first quarter of 2018 reached 52,672 ounces, a growth of 35 per cent when compared to the same quarter of 2017."This brings the Company's trailing 12-months' total gold production to 187,485 ounces, up 8% from 2017's annual production of 173,821 ounces and within the Company's production guidance for 2018 of...Read More
Chris Verbiski & Al Chislett (Wiki Source)This excerpt is from the 2007 PDAC 75th anniversary publication.Originally looking for diamonds in 1993, Albert Chislett and Chris Verbiski instead discovered one of the world's major nickel sulphide deposits near Nain, Labrador. The Voisey's Bay deposit was eventually bought and developed by Inco Limited. Most experts agree that the deposit will be a...Read More
On April 9, U.S. president Donald Trump said that the U.S., Canada, and Mexico were "fairly close on NAFTA" and added that all three "have a chance to make a deal." Mexican economy secretary Ildefonso Guajardo said there was an "80%" chance a deal in principle could be reached by early May. But Laura Dawson, director of the Canada Institute at Washington's Wilson Center think tank, said last week...Read More
The TSX Composite was virtually unchanged last month in March - down 60 basis points, or 0.6%.But just because the broader averages aren't very active, it certainly doesn't mean there aren't pockets of the market offering you the potential for outsized returns.These five stocks have rewarded investors handsomely over the past month.The energy sector has been one of the stronger performing sectors...Read More
Over the past year, the stock price of Cameco Corp. (TSX:CCO)(NYSE:CCJ) has declined by over 15%. This has sparked a debate on both sides of the fence as to whether Cameco is still a worthwhile investment option.Irrespective of where you fall on the uranium debate, a common consensus is that the root of Cameco's problems stems from the depressed price of uranium. In the weeks and months following...Read More
While junior gold miners can be high-risk investments, they also offer the opportunity for investors to earn outsized returns. The secret to investing in junior miners is to identify those with quality assets and astute, experienced management teams that are capable developing mines and bringing them to production. One such company that offers investors considerable potential upside is Canadian ju...Read More
Last week index score: 45.10 (updated)This week: 33.86NuLegacy Gold (TSX-V: NUG) appointed John Budreski to its board.The Oreninc Index fell in the week ending April 6th, 2018 to 33.86 from an updated 45.10 a week ago as the lack of brokered action outweighed the increase in dollars announced.Market volatility continues with the stock markets and metals commodities alternately getting dinged and r...Read More
Canadian science, health care and nuclear sector organisations have launched an initiative aiming to ensure the country remains a world leader in the production of medical isotopes following the final closure of the National Research Universal (NRU) reactor. The Canadian Nuclear Isotope Council (CNIC) aims to raise awareness and support long-term policies at the domestic and international level.Ca...Read More
Unit 3 of the Ohi nuclear power plant in Japan's Fukui Prefecture today resumed commercial operation, Kansai Electric Power Company announced. The reactor is the sixth to be restarted after clearing the country's revised safety regulations.Ohi units 3 and 4 (Image: Kansai)Following the shutdown of all of Japan's reactors after the March 2011 accident at the Fukushima Daiichi plant, Ohi 3 and 4 wer...Read More
Base metals prices on the London Metal Exchange continued to climb at the close of trading on Tuesday April 10, while aluminium volumes surpassed 37,000 lots traded. Aluminium maintained its upward momentum throughout the day, reaching a high of $2,242 per tonne, the highest since January 29. "Supply fears and uncertainty are the factors driving aluminium prices higher, but such an overreaction ma...Read More
The London Metal Exchange has introduced a "temporary conditional suspension" on placing Rusal metal on-warrant, effective from April 17, it said on Tuesday April 10. This follows the announcement on Friday April 6 that the United States has sanctioned and frozen the assets of Oleg Deripaska and UC Rusal. In a notice released to LME members today, the exchange stated that the suspension is in plac...Read More
Chilean state-owned miner Codelco will maintain its copper output at stable levels this year before a small increase in 2019 and small declines the following two years, new commercial vice president Roberto Ecclefield said. Production from Codelco's wholly-owned mines is expected to be slightly lower at 1.67 million tonnes in 2018 compared with 1.73 million tonnes last year due to declining ore gr...Read More