McEwen Mining Inc. (MUX) (MUX.TO) provides an update on the fatal accident involving a contractor's employee that occurred on Monday, May 13, 2019 at the Gold Bar Mine in Nevada.The formal investigation by local authorities is not complete, but preliminary analysis by McEwen Mining suggests thatRead full newsRead More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron") is pleased to announce that it will begin to take reservations to toll process hemp or cannabis with the "BIG BEAST", a fully automated, touch screen control continuous flow Ethanol Extractor System. The "BIG BEAST is the latest addition to the BEAST family of extractors, with estimated processing capacity of up...Read More
There are many different methods for investing in gold, as we have outlined previously.Gold streaming and royalty companies are a unique investment. They offer a distinct set of advantages and disadvantages in their exposure to gold.Mining streaming and royalty companies offer a number of benefits to investors that differ significantly from more traditional mining co's.Before we get into the speci...Read More
There are many different methods for investing in gold, as we have outlined previously.Gold streaming and royalty companies are a unique investment. They offer a distinct set of advantages and disadvantages in their exposure to gold.First, it should be noted that there is a difference between streaming and royalty stocks, but their underlying exposure to gold is similar.Before we get into the spec...Read More
The stock market is in an interesting place today.Investors have enjoyed a significant rally in the first part of 2019, and despite all the recent turmoil and potential threats, the TSX Index and the major U.S. exchanges continue to sit near record levels.Two things come to mind. Either the market simply doesn’t believe the U.S. will extend the trade battle with China or go to war with Iran,...Read More
With new metals investors in mind, here are four of the top mining stocks currently trading on the TSX Index, and worthy of a place in a new portfolio.The top choice for copper bullsWith its share price down 5.27% in the last five days, Lundin Mining (TSX:LUN) is cheap as chips at the moment, and my top suggested metal stock to buy for a brand new portfolio. Discounted by more than 50% of its fair...Read More
Tesla has been "done" for awhile but many of the Wall Street and investor "uber" bulls are finally starting to see this reality. Amusingly, Wedbush's Dan Ives issued a report in which he lowered his price target on Tesla stock from $270 to $235. He refers to Tesla's situation as a "code red situation." Quite frankly, a "code red situation" with regard to a company and its stock price shoul...Read More
The backing is at Anson's discretion, and involves Long State paying a placement amount of up to $250,000 in any period of 20 trading days (and up to $1.Read More
It was a beautiful gesture, and one that will not be forgotten anytime soon.Billionaire investor Robert Smith, while delivering his commencement address at Morehouse College, announced that he would cover the college loan debts of all the graduating students.Can you imagine that?Can you imagine the huge collective sigh of relief that came over the crowd after Smith made that announcement?I'm happy...Read More
Let's call it like it is: The majority of the resistance against alternative energy comes from the political right.But let's not be too quick to pass judgment. Fact is, it's totally understandable why conservatives would be hesitant regarding alternative energy.The left would have you believe the conservative thinking is, "If it's new, it's bad." But that's not necessarily the case. From what I ga...Read More
BETANZOS, BOLIVIA - Vancouver-based junior New Pacific Metals (TSXV: NUAG; US-OTC: NUPMF) could be on the verge of a major silver discovery in south-central Bolivia, after clinching a pioneering deal with Bolivian authorities.For 500 years, since the discovery of the giant Cerro Rico silver deposit at Potosi, Bolivia has tantalized visitors with its mineral wealth. But the country's unstable polit...Read More
The S&P/TSX Composite Index rose 0.64%, or 104.20 points, to 16,401.80. The S&P/TSX Global Mining Index increased 0.11 points, or 0.15%, to 71.55, while the S&P/TSX Global Base Metals Index fell 2.75 points, or 2.48%, to 107.96, and the S&P/TSX Global Gold Index climbed 3.96 points, or 2.23%, to 181.21. Spot gold fell US$8.70 per oz., or 0.68%, to finish the trading week at US$1,277.10 per ounce.S...Read More
The Dow Jones Industrial Average lost 0.69%, or 178.37 points, to finish the May 13 to 17 trading week at 25,764.00, and the S&P 500 Index fell 0.76%, or 21.87 points, to 2,859.53. Spot gold dropped US$8.70 per oz. or 0.68% to US$1,277.10 per ounce.Strong quarterly results sent Kinross Gold's shares up 3.6% to US$3.16. Kinross reported net earnings in the three months ended March 31 of US$64.7 mil...Read More
The S&P/TSX Venture Composite Index rose 9.67 points, or 1.61%, to finish the May 13 to 17 trading week at 609.15.News of the acquisition of Atlantic Gold by Australian gold producer St Barbara sent Atlantic's shares up 89 ? to $2.89. St Barbara's offer represented a 40.8% premium to the company's 30-day volume weighted average price. The offer consisted of $2.90 per share in cash plus a spin-out...Read More
Joining us today is the President and CEO of Ethos Gold (TSX-V: ECC)(OTC: ETHOF), Mr. Craig Roberts.Ethos Gold was up 40% last week on news the company will be drilling a Carlin-style gold target in Nevada. Ethos is also drilling in Mexico later this year and is fully funded with approximately C$0.12 per share in cash.I spoke with Mr. Roberts about the new project, the addition of Quinton Hennigh...Read More
The MySteel 62% Australian iron ore fines price added another 2.5% on Friday to US$100.35 per tonne, a fresh five-year high.Vale said Gongo Soco had been closed since 2016, but its dam was just 1.5km from housing. The alert level was raised to 2 in February and to 3 in March."It should be noted that there are no technical elements so far that point towards an eventual slide of the northern slope o...Read More
Human rights group Kap?(C)-Kap?(C) denounced this week that illegal mining continues to destroy the traditional territory of the Pem??n Indigenous tribe in southeastern Venezuela.The civil society association issued a media statement this week saying that unregulated gold extraction is polluting the Carrao river and its tributaries within the Canaima National Park, in the Bol?-var state.This is th...Read More
Martin Elvis, senior astrophysicist at the Smithsonian Astrophysical Observatory in Cambridge, and Tony Milligan, a philosopher at King's College London, collaborated on a study that concludes that humans should be allowed to mine only one-eighth of eligible planets, moons and asteroids, leaving 85% of the solar system untouched.As companies get closer to developing technologies that allow them to...Read More
The possibility of an oversupply of lithium chemical is a myth, the president of California-based Global Lithium, Joe Lowry, said this week.Addressing the audience at the conference Paydirt 2019 Latin America Downunder, Lowry blamed the spread of such a 'myth' on 'big bank' analysts and the Chilean regulator CORFO.In Lowry's view, there have been misunderstandings regarding CORFO's reports related...Read More
The possibility of an oversupply of lithium chemical is a myth, the president of California-based Global Lithium, Joe Lowry, said this week.Addressing the audience at the conference Paydirt 2019 Latin America Downunder, Lowry blamed the spread of such a 'myth' on 'big bank' analysts and the Chilean regulator CORFO.In Lowry's view, there have been misunderstandings regarding CORFO's reports related...Read More