Vancouver-based GoldMining has updated the resource estimate for its Yellowknife gold project in the greenstone belt of the same name.The latest resource estimate contains 1.1 million oz. of gold in 14.1 million measured and indicated tonnes grading 2.33 g/t gold. The inferred portion contains 739,000 oz. in 9.3 million tonnes grading 2.47 g/t gold. The new numbers are an 18% increase in the mea...Read More
Zimbabwe will scrap a law that denies foreign platinum mining companies control of their operations in the country, the mines minister said on Thursday.It's part of continued review of (the) Zimbabwe is open for business mantra."Foreign platinum and diamond miners have been restricted to only 49 percent ownership of their Zimbabwe operations by the black economic empowerment law introduced during...Read More
Murchison Minerals (TSXV: MUR) announced this week that it is now the sole owner of the Haut Plateau du Manicouagan (HPM) nickel-copper-cobalt project in Qu?(C)bec, following its acquisition of Pure Nickel's (TSXV: NIC) 50% interest in the project.To be able to complete the transaction, Murchison had to make a $50,000 payment and issue 500,000 common shares of the company to Pure Nickel. The HPM p...Read More
The Australasian Institute of Mining and Metallurgy (AusIMM) and the Government of the State of Victoria in southern Australia announced this week a partnership focused on those who aspire to work in the mining sector.In a media statement, AusIMM said that the initiative is particularly focused on helping women make an increased contribution to the industry with an emphasis on getting more women a...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce the launch of the Company's Amazon Store this March.After announcing the Company's launch of their performance based social retailing program in October 2018, various initiatives have been underway to ensure the Peekaboo Beans' approach remains aligned with its target marke...Read More
The board of US mining company Newmont on Monday unanimously rejected a hostile takeover bid from Canadian rival Barrick Gold, saying its own merger with Goldcorp was a better option.Toronto-based Barrick announced the takeover offer last week, proposing a share swap that would have combined the worldRead full newsRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that its plant-based Recyclers have quickly gained sales traction on Amazon.com since launching in November 2018. The good natured (R) Handy Recycler is now listed as one of the 10 bestselling recycling products on the e-commerce platform.With average monthly traffic of over 1.8 bi...Read More
Centerra Gold Inc is likely to reinstate its dividend after it closes a deal wit...Read full newsRead More
The board of US mining company Newmont on Monday unanimously rejected a hostile takeover bid from Canadian rival Barrick Gold, saying its own merger with Goldcorp was a better option.Toronto-based Barrick announced the takeover offer last week, proposing a share swap that would have combined the worldRead full newsRead More
[Editor’s note: This story was previously published in Dec 2018. It has since been updated and republished.]As Warren Buffett likes to say, “price is what you pay, value is what you get.” It’s the reason why a $300-per-share stock can be cheap, while a $3 one can be expensive. With that said, there’s something about low-priced stocks that captivates investors’ i...Read More
The U.S. stock market and bullion swooned yesterday, but the GDX gold stocks ETF was up!Gold stocks continue to perform impressively. Rallies look impulsive and corrections feel solid.Please click here now. Double-click to enlarge this daily gold chart. Gold has pulled back by about 30% after staging an enormous $170/ounce rally.In the scenario shown on this chart, gold could trade down to the 5...Read More
With an interesting mix of sin stocks, energy, and mining, there are a few potentially overlooked TSX index tickers out there signalling high growth in expected earnings. Let’s take a look through the data for four such stocks and see whether they would satisfy a capital gains investor today.Surge Energy (TSX:SGY)The oil and gas stock you didn’t know you needed, Surge Energy can compet...Read More
The recovery in the TSX Index to start 2019 has pushed some stocks back toward all-time highs, while others that have been out of favour for some time are picking up a nice tailwind and still appear oversold.Let’s take a look at Barrick Gold (TSX:ABX)(NYSE:GOLD) to see if it might be an attractive pick for your portfolio today.Barrick Gold was a $50 stock when gold hit US$1,900 per ounce in...Read More
Someone last week suggested that Trump sees the stock market as the barometer measuring the success of his Presidency. I think his behavior, tweets, press comments, etc with respect to the stock market validates that assertion.The Dow trended lower all week last after Monday's close. Whenever the stock market faded from an early run-up or began a rapid sell-off, a Trump tweet or press statement wo...Read More
As ever, matching materials that have fallen out of favour but still have upcoming supply deficits, could see investors do well.Read More
Drilling operations at McEwen Mining's Gold Bar Project in central Nevada. Source: McEwen Mining Inc.McEwen Mining Inc. [MUX-TSX, NYSE] said Thursday March 7 that it has elected to suspend the dividend distribution of one-half cent per share, an amount that would have been paid on March 15, 2019 to shareholders of record on March 8, 2019."We have been experiencing operating issues at our Black Fox...Read More
You know what they say...The devil is in the details.And investors looking to get rich in the legal cannabis market would be wise to pay attention to the details of new legalization measures before those measures become law.This, dear reader, is the secret to pot stock profits.Let me explain...THIS is how you get rich in the legal cannabis marketFor nearly five years now, I've been helping investo...Read More
Canadian Prime Minister Justin Trudeau dropped in on the annual convention of the Prospectors and Developers Association of Canada in Toronto on March 5, 2019, for a sit-in interview conducted by outgoing PDAC president Glenn Mullan.Glenn MullanIn this unabridged 20-minute interview, Justin and Glenn touch on topics including technological innovation, sustainable mining practices, federal regulato...Read More
After completing its phase two and three drill programs at its flagship Cauchari lithium project in Jujuy, Argentina, Advantage Lithium (TSXV: AAL; US-OTC: AVLIF) has more than doubled the project's resource. Based on its new measured and indicated resources, the company says Cauchari is now Argentina's second largest development project.Based on the updated resource, the project now contains 1.8...Read More
OceanaGold (TSX: OGC) has grown the indicated resource for its Martha underground project at its Waihi gold mine in New Zealand by 136% and inferred resources by 97%."Over the past two years, we have made prudent investments in extensively drilling out the mineralized structures beneath the Martha open pit," Mick Wilkes, OceanaGold's president and CEO, notes in a statement. "Since that time we ha...Read More