Shares in Canada's Osisko Gold Royalties (TSX, NYSE:OR) jumped Monday following the company's decision to buy a precious metals portfolio from US private equity firm Orion Mine Finance Group for Cdn$1.13 billion (about $834 million).The portfolio consists of 74 royalties, streams and precious metal offtakes, and its acquisition will result in Osisko holding a total of 131 royalties and streams, in...Read More
(Kitco News) - Osisko Gold Royalties Ltd (TSX, NYSE: OR) has agreed to acquire aprecious-metals portfolio, consisting of 74 royalties, streams and preciousmetal offtakes, from Orion Mine Finance Group for C$1.125 billion, the companyreported Monday.After the deal, Osisko would hold 131 royalties and streams,including 16 revenue-generating assets, the company said. The company'scornerstone assets r...Read More
A peaking money supply to saving ratio is a warning sign that the economic distortions created during the upward swing of the ratio could be revealed.It is especially at this time that gold's properties as a safe haven asset are primed to excel.Gold performed well in the aftermath of the two previous peaks in the MS/S ratio, especially compared to stocks.Savings are not only paramount for economic...Read More
Ms. Janet Lee-Sheriff reportsGOLDEN PREDATOR RETIRES DEBT AND RECEIVES ROYALTIESGolden Predator Mining Corp. has retired $2.2-million in debt owed to Till Capital Ltd., pursuant to the terms of a 2014 agreement whereby the company acquired mineral properties from Till.The company has now completed all payment obligations to Till under the agreement and avoided escalating interest rates that would...Read More
U.K. politicians resumed election campaigning Monday following the weekend's deadly terrorist attack in London, with leaders likely to focus the final days of debate into Thursday's vote on national security. The Conservative, Labour and Liberal Democrat parties had suspended national campaigning Sunday after the London Bridge and Borough Market attacks as mark of respect for the seven people kil...Read More
Mr. Sean Roosen reportsOSISKO ACQUIRES ORION MINE FINANCE ROYALTY PORTFOLIO Osisko Gold Royalties Ltd. has entered into a definitive agreement with Orion Mine Finance Group to acquire a high-quality precious metals portfolio of assets consisting of 74 royalties, streams and precious metal offtakes for total consideration of $1,125-million, creating a growth-oriented, world-class and gold-focused r...Read More
Arizona and Utah officials are asking US President Donald Trump to end a 20-year ban on uranium mining near the Grand Canyon, which came into effect in 2012 as part of a set of environmental protection rules passed during the Obama administration.They are also pushing for the abolishment of national monument designations in Arizona, such as Grand Canyon-Parashant and Vermillion Cliffs. They ar...Read More
Arizona and Utah officials are asking US President Donald Trump to end a 20-year ban on uranium mining near the Grand Canyon, which came into effect in 2012 as part of a set of environmental protection rules passed during the Obama administration.They are also pushing for the abolishment of national monument designations in Arizona, such as Grand Canyon-Parashant and Vermillion Cliffs. They ar...Read More
LONDON--Transense Technologies PLC (>> Transense Technologies plc), a provider of sensor systems for the transportation and industrial markets, said Monday it has secured a contract to supply tyre monitoring systems from Glencore PLC (>> Glencore PLC). The company's division nTranslogik has secured the contract via its Australian distributor, Brownfield Engineering and Maintenance Pty. Ltd. to s...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index had another seemingly quiet week as it managed to add 9 points as it closed at 1183.90.I say seemingly, because while the point change was nominal, we witnessed significant improvement in the Index's momentum indicators. For one thing, RSI rose for the second week in a row, addi...Read More
(Kitco News) - World stock markets were mostly lower Monday, on corrective pullbacks from recent gains that have put many stock indexes at or near record or multi-year highs. U.S. stock indexes are pointed toward slightly lower openings when the New York day session begins.Gold prices are modestly higher to start the trading week. There are some new geopolitical tensions in the Middle East that a...Read More
Legendary investor and CEO of Sprott U.S. Holdings Rick Rule has laid out the one key factor he considers when investing in gold mining stocks.Rick Rule, CEO of Sprott U.S. Holdings, 2017On May 28, he joined a panel of experts in a webcast titled "Will Gold Trump Politics in 2017?" to discuss growing trends in the gold mining industry.Of course, investors should focus on the financials, past perfo...Read More
The Fed printed $2.5 trillion to prop up the mortgage market and the Government "refurbished" all of the mortgage programs it sponsors (Fannie Mae, Freddie Mac, FHA, VHA, USDA) in a way that positioned the Government/taxpayer as the new subprime lender of choice. The two programs combined inflated a new housing bubble - one that ended up fueling housing price inflation more than sales volume....Read More
With the purchase of North Bay's ProNorth Transportation in 2015, Titanium Transportation Group Inc. (TSX-V:TTR) is planning to step up and play a bigger role in the North Bay community. There has been stable progress over time with operations growing in size.An excerpt, as well as link to the full article can be found below.by Mike Anthony, The Nugget"We're ready to move forward and move upw...Read More
The Site C Energy Project in northern British Columbia. Source: BC HydroVancouver radio station CKNW has reported that British Columbia's NPD leader John Horgan wrote a letter to the president of BC Hydro asking them to stop work on the huge Site C Energy (dam) Project in northern BC.As of today (June 5), John Horgan is not even premier of the province, although he expects to be shortly when his a...Read More
It's the biggest bubble in history - a $9 trillion Ponzi scheme. It's multiple bubbles wrapped in a big bubble, and it all has to do with a little-known financial creation called WMPs.You probably have never heard of WMPs - I hadn't either until I starting digging into China's historical lending problem. And it's bad...Data compiled by the China Securities Regulatory Commission show that assets...Read More
Innovators are constantly trying to create a longer-lasting, more efficient, cheaper battery. The battery market is estimated to jump to a $120 billion dollar industry by 2019, but there's a serious battle raging between the red-hot lithium-ion battery makers, and a growing amount of companies looking to produce hydrogen cell batteries.Naturally, Elon Musk is publicly against hydrogen batteries, s...Read More
Vancouver, British Columbia - June 5, 2017 (Newsfile Corp.) (Investorideas.com Newswire) Bayhorse Silver Inc. (TSXV: BHS) ("Bayhorse" or the "Company"), has, subject to TSX-V approval, increased its previously announced financing of 5,000,000 Units at $0.15 per Unit to 6,000,000 Units at $0.15 cents per Unit for gross proceeds of $900,000.Each Unit consists of one (1) common share and one (1) tran...Read More
Vancouver, British Columbia - June 5, 2017 (Newsfile Corp.) (Investorideas.com Newswire) Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ('the Company') is pleased to announce that on 6 June 2017 the 35km long 33kv transmission line from the mine to the northern Chile National grid (SING) was energized, following final approval from the national grid operator CEN (Coordinador El?(C)ctrico Nacional).C...Read More
Vancouver, British Columbia - June 5, 2017 (Newsfile Corp.) (Investorideas.com Newswire) David H. Brett, President & CEO, EnGold Mines Ltd., (TSXV: EGM) ("EnGold" or the "Company") reports assay results from 5 holes within the step-out drilling program designed to follow-up the previously announced copper, gold, silver, magnetite discovery drill hole G16-01. The results confirm significant mineral...Read More