Vancouver, BC - Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces that it has entered into a 5-year, unsecured loan for US$500,000 with Taiga Mining Company, Inc. ("Taiga"). The Company entered into a loan agreement with Taiga on December 26, 2018 to borrow US$500,000.The loan is unsecured with a term of five years. Interest is calculated on a...Read More
Disregarding strong opposition from the likes of DoubleLine Capital founder Jeffrey Gundlach, legendary hedge fund manager Stanley Druckenmiller, President Donald Trump and others, Federal Reserve Chairman Jerome Powell hiked rates on last Wednesday for the fourth time in 2018.Read full newsRead More
Weary investors who endured the September and October stock market "crash season" felt they should be richly rewarded for their incredible patience... with a wondrous Santa Claus rallyPlease click here now. The traditional Santa Claus rally has morphed into a hideous Santa Claws mauling of millions of US stock market price chasers. It's a gruesome sight. The good news, clearly, is that my p...Read More
As we come towards the end of 2018, followers of gold stocks such as Barrick Gold (TSX:ABX)(NYSE:ABX) will no doubt be wondering whether precious metals prices will continue their slow ascension into next year and whether the largest miner in the world remains a solid investment option, or if a defensive stock investment would be preferable at this juncture.Let's talk a bit about Barrick and the p...Read More
It has been over 10 years since the global financial crisis - the worst recession since the Great Depression. The crisis was triggered by a U.S. housing market collapse that turned into a rout and spread like wildfire through a series of major financial institutions, because of the widespread ownership of collateralized mortgage backed debt securities.The calamity brought the U.S. financial system...Read More
Defiance, ValOro advance on merger updateDefiance Silver Corp. [DEF-TSXV], and ValOro Resources Inc. [VRO-TSXV] said Friday December 28 that they expect to complete a previously announced merger on December 31, 2018. This will result in the creation of a diversified explorer with an advanced portfolio of Mexican silver and gold projects, the companies said.ValOro shares were active on the news,...Read More
A mineralized zone at the Cerro Caliche Project in Sonora sate, Mexico. Source: Sonoro Metals Corp.Sonoro Metals Corp. [SMO-TSXV, SMOFF-OTCQB] shares were active Friday December 28 after the company said it has terminated its option and joint venture agreement with Northern Empire Resources Corp. regarding the Hilltop gold project in Alaska. No expenditures were incurred by Sonoro on the Hilltop...Read More
CloseGain/LossGold $1274.90+$8.70Silver$15.23+$0.20XAU70.78+1.15%HUI161.27+0.91%GDM587.25+1.17%JSE Gold1367.40+7.81USD96.53-0.51Euro114.38+0.86Yen90.15+0.11Oil$44.61-$1.6110-Year2.777%+0.007T-Bond144.75UNCHDow23138.82+1.14%Nasdaq6579.49+0.38%S&P2488.83+0.86% The Metals: Gold gained $12.70 to $1278.90 in early afternoon New York trade before it edged back lower into the close, but it still...Read More
"2018 #risk ratings: new jurisdictions were added, others were lost; some regions became net-lower-risk propositions, while others saw their risk profiles increase. Check how your jurisdiction ranked https://t.co/CcuLkaMWoO #MJWorldRiskReport #mining #investment"Read full newsRead More
"Gold-focused AXMIN saw its share price grow significantly this year. CFO David Weill explains what drove the company's momentum. https://t.co/lIVkS5YFpY #axmin #preciousmetals #gold #investing"Read full newsRead More
After a strong start to 2018, the value of the world's largest mining stocks began turning down well before summer as worries about a China-US trade war continued to mount.Even before the Trump-Xi tariff battles began, fears of a slowdown in China, consumer and producer of nearly half the world's metals and minerals, were gnawing at investors hoping for another year of strong gains for the industr...Read More
"Take 5 minutes and read up on the premier cobalt play, Canada Cobalt Works! #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals https://t.co/rMjJTfFL22"Read full newsRead More
Elon Musk took to Twitter on the day after Christmas to remind everyone how important driving an electric car is for the environment and to let them know that the Supercharger network will cover all of Europe, North America, Mexico, and China by the end of 2019.Read full newsRead More
The U.S.-China trade war that's ravaged most commodities failed to dent 2018's best-performing major metal. Many analysts don't see much standing in the way of further gains in 2019.Shortages of palladium sent prices of the commodity used in autocatalysts to a record this year, at times surging past gold to become the most precious of major metals. Citigroup Inc. sees no supply relief soon. Users...Read More
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced this week that it has acquired 12,500,000 common shares of Sun Metals (TSX.V: SUNM) a Vancouver-based mineral exploration company.The shares were acquired for an aggregate purchase price of $3.5m, and were acquired privately on Dec. 20, 2018 pursuant to a donation arrangement. As a result, Teck holds approximately 13.8%...Read More
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced this week that it has acquired 12,500,000 common shares of Sun Metals (TSX.V: SUNM) a Vancouver-based mineral exploration company.The shares were acquired for an aggregate purchase price of $3.5m, and were acquired privately on Dec. 20, 2018 pursuant to a donation arrangement. As a result, Teck holds approximately 13.8%...Read More
Russia's state-owned nuclear power company Rosatom has offered Chile's government technology it says can boost output of lithium, a key ingredient in electric vehicle batteries, according to lobbyist transparency filings reviewed by Reuters.In separate meetings in late November, lobbyists for the Uranium One Group, a wholly owned subsidiary of Rosatom, told officials at two Chilean agencies they c...Read More
(This article first appeared May 2017)Nealite [Pb4Fe(AsO3)2Cl4 ?2H2O] From an ancient slag site in Greece, formed by slag meeting seawater. Credit RRUFF.For the first time, more than 200 mineral species have been identified that originated either principally or exclusively due to human activities - primarily as a result of mining.The study, led by Robert Hazen of the Carnegie Institution for Scie...Read More
In April 2014, Mary Barra sat on Capitol Hill listening to accounts of families who'd lost a member while driving in a General Motors Co. Chevrolet Cobalt that malfunctioned. Months earlier, she'd been handed the reins of the largest U.S. car company.Defects that the company had failed to disclose for more than a decade led to the recall of almost 3 million small vehicles. The crisis shattered tru...Read More
Earlier this year, Crown Mining (TSXV: CWM) bought 100% of the Moonlight-Superior property in northeastern California for $375,000 in cash and 2.75 million shares.The land package is best known for its Superior and Engels deposits, which produced over 161 million lb. copper as underground mining operations between 1915 and 1930.But the property, 200 km northeast of Sacramento and 145 km northwes...Read More