Silver has followed its more expensive cousin gold higher in recent weeks, gaining 7% over the last month. The increasingly positive outlook for precious metals coupled with the gold-to-silver ratio requiring 84 ounces of silver to acquire a single ounce of gold has sparked claims that now is the time to bolster exposure to the white metal. Despite the claims of silver bugs, there are signs that s...Read More
Since the legal cannabis market has yet to stabilize, growth investors may wish to buy stocks in more down-to-earth industries instead for the time being. The data for the following three stocks shows that there is considerable upside to be had in a range of industries - although overvaluation means that this selection may not be suitable for investors with an eye on low multiples.Canada Goose Hol...Read More
Anyone who denies that Governments and Central Banks manipulate the gold and silver markets using paper derivatives and deceptive physical metal custodial operations is ignorant of history and facts. Currently the gold and silver price capping is as oppressive as I've witnessed in 18 years.As of Tuesday, January 15th, the open interest in gold had soared by 89,120 contracts to 501,605. 89,120...Read More
(left to right) Shaun Pollard, Ed Balon, and Gareth Thomas.Photo is taken from the top of Shovelnose Gold Property. Source: Westhaven Ventures Inc.Westhaven Ventures Inc. [WHN-TSXV] was an active trader Monday January 21 after the company tabled results from a recently completed drill campaign at its Shovelnose property near Merritt, southern British Columbia.The shares fell 24.2% or 29 cents to 9...Read More
Share this articleTORONTO - Barrick Gold Corp. says it's exploring all options including the possible sale of its Lumwana mine in Zambia as the government considers increased taxes.It says the country's proposed changes to taxes and royalties on the mining industry would threaten the mine's ability to sustain returns to all stakeholders.The Toronto-headquartered company says it continues to eng...Read More
Share this articleTORONTO - Canada's main stock index fell in late-morning trading as the key energy and financial sectors lost ground.The S&P/TSX composite index was down 30.18 points at 15,273.65.U.S. stock markets were closed in observance of Martin Luther King Jr. Day.The Canadian dollar traded for 75.23 cents US compared with an average of 75.41 cents US on Friday.The March crude contract was...Read More
If diamond miner equities are a proxy, the sentiment surrounding the diamond industry is now at historically low levels.Just in the last two years, a basket of diamond-producer stocks was down 28.9% in 2018, following a decline of 17.3% in 2017 (see Figure 1).This is in part due to idiosyncratic operational challenges that most all of the miners are dealing with in one way or another, however, inv...Read More
Sandstorm Gold (TSX: SAND; NYSE: SAND) has purchased a 0.9% net smelter returns royalty for US$32.8 million in cash on precious metals produced from Lundin Gold's (TSX: LUG; NASDAQ: LUG) Fruta del Norte gold project in Ecuador.The NSR royalty was purchased from a third party and covers metal production from all 644 sq. km of Lundin Gold's mining concessions in the Suarez pull-apart basin."The roya...Read More
Peak Power COO Matt Sachs talks about how industrial users of electricity can use predictive technology to move off grid power during peak load times, and save money.This is an edited portion of a sponsored presentation Sachs gave at The Northern Miner's Progressive Mine Forum held at the MaRS Discovery District in Toronto in October 2018.Visit www.peakpowerenergy.com for more information.This pod...Read More
Prospero Silver (TSXV: PSL; US-OTC: PSRVF) has begun phase two drilling at its Pachuca SE project in Hidalgo State, Mexico, shortly after Fortuna Silver Mines (TSX: FVI; NYSE: FSM) exercised its option to acquire up to 70% of the project in late 2018. Fortuna can earn its interest in Pachuca SE by spending US$8 million on the project, including at least US$1 million in the first year, and completi...Read More
The negative effects of trade disputes on global growth this year will push down demand for base metals and steel-making commodities, while the economic uncertainty will drive gold prices higher, CIBC says."CIBC economists are not forecasting a recession in 2019, but we expect increasing trade barriers and tariffs to slow down global growth over the next 18 months, delaying our previously forecast...Read More
What is the world's best long-term electricity play?It's debatable. Some people might say coal or natural gas. Others might say nuclear, solar, hydrogen fuel cells, or something else related to electricity generation.Still others might say the best electricity play isn't related to generation but instead storage. And they might say lithium batteries are the best long-term electricity play.So what...Read More
When I first launched Junior Mining Monthly, it was predicated on the idea that governments around the world were spending at an unsustainable pace, that the general public would soon start adding and subtracting the numbers and come to the conclusion that there needed to be a change.I then speculated that volatility would ramp up as a result of geopolitical and monetary turbulence that would be m...Read More
When I first launched Junior Mining Monthly, it was predicated on the idea that governments around the world were spending at an unsustainable pace, that the general public would soon start adding and subtracting the numbers and come to the conclusion that there needed to be a change.I then speculated that volatility would ramp up as a result of geopolitical and monetary turbulence that would be m...Read More
In 2008, when gasoline prices were around $4 a gallon, I went looking for a new car. "What about these Mustangs?" I asked the dealer."Take your pick," he said, while he stuffed his cigarette through the hole in the tall plastic ashtray. "These will be the last muscle cars you'll ever see. Make me an offer; we have dozens of them."No one was buying the gas-guzzlers back then because the thought was...Read More
What is the world's best long-term electricity play?It's debatable. Some people might say coal or natural gas. Others might say nuclear, solar, hydrogen fuel cells, or something else related to electricity generation.Still others might say the best electricity play isn't related to generation but instead storage. And they might say lithium batteries are the best long-term electricity play.So what...Read More
Alphamin is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic ...Read More
"Paramount Gold Files Application for Conditional Use Permit for Its Proposed Grassy Mountain Gold Mine in Eastern Oregon https://t.co/SmswkNcBjO"Read full newsRead More
Newmont Mining plans to acquire smaller rival Goldcorp for $10 billion in the biggest-ever acquisition in the gold sector.Read full newsRead More
Years late and massively over-budget, Europe's first EPR nuclear plants in Finland and France are on the verge of "energizing", as the sector jargon goes...Read full newsRead More