Billionaire mining investor Robert Friedland is close to a deal to take over an iron ore deposit in Guinea from owners including BHP Group, according to people familiar with the situation.Friedland is in advanced talks with BHP, Newmont Goldcorp Corp. and Areva SA, that will see him move to develop the Nimba deposit on Guinea's border with Liberia, said the people, who asked not to be identified a...Read More
"Global Gold Mining Market 2019: key Vendors, Trends, Analysis, Segmentation, Forecast to 2024 https://t.co/9Ud455KUPt"Read full newsRead More
Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) said it wasn't aware of any material change that would account for a sharp price rise in its stock on Thursday and into early trading on Friday, following reports that the miner was exploring a possible sale of all or parts of its business.The Toronto-based firm, which doesn't usually comment on speculation and rumours, didn't openly...Read More
The publication of PwC’s BC Mine report gave a boost to Canadian mining stocks this week with news that gross revenues from mining in British Columbia reached a record high last year. BC miners posted gross revenue of C$12.3 billion, compared with C$11.7bn in 2017, even as capital expenditures fell to C$1.2bn, from C$1.5bn. The revival of the Golden Triangle by an exciting array of...Read More
The junior resource sector is a people business. In my view, making money consistently in a sector which is fraught with risk and failure, without a doubt, is inextricably linked to the quality of the people who are running the companies with which I am investing.This statement, and statements like it, are very likely the most common answers you will hear from many pundits throughout the industry....Read More
That's the only way to describe this stock market. It won't end well for the hedge funds whose algos are chasing price momentum nor for the retail daytraders playing the game of "greater fool." Apparently CSCO and WMT's "beat" triggered a multi-hundred point spike in the Dow on Thursday. Funny thing about that. CSCO's one-cent "beat" has been routine since the late 1990's.Walmart also "beat." But...Read More
BlueRock will be using the funds to implement a new mining plan at its Kareevlei mine in South Africa's Kimberley region to increase production and, it hoeps, become cash flow positive.The placing of 937 million ordinary shares at 0.1p per share raised £937,000 before expenses. It included included the issue of one warrant for every one placing share at an exercise price of 0.2p, valid for t...Read More
Imagine ordering a helicopter ride with the ease of paging an Uber. It sounds like something out of The Jetsons. But this German startup has plans to roll out the first flying taxis within just six years.Munich-based Lilium showed off its five-seater all-electric flying taxi prototype this week to what it hopes will be a highly interested future market.The full-scale prototype is powered by 36 all...Read More
Congratulations to the Colorado School of Mines graduating class of 2019. This video highlights parts of the undergraduate and graduate commencement ceremonies that took place on May 9 & 10 in Lockridge Arena. Want to hear more from our graduates? Check out the other videos below. Undergraduate ReflectionsGraduate Reflections Read More
This episode features the first of a two-part conversation with strategist, lawyer and author Bill Gallagher on the topic of Canada's Indigenous People and their land rights, and how that relates to resource development in the country.Bill GallagherBill is the author of two popular books on the topic: the recently published Resource Reckoning: a Strategist's Guide from A to Z and the 2012 mileston...Read More
The financing has been increased from $9 million and will now comprise the purchase of 12.5 million flow-through shares priced at 40c and 12.1 million charity flow-through shares priced at 49.5c."We are very pleased to be able to raise additional capital which will allow us to expand our ongoing exploration activities," said president and CEO Dr. Michael Byron.The gross proceeds will be used for e...Read More
Donald Trump wants America back on the moon.And he wants us back before foreign rivals like China beat us to it.That's why the White House is now asking Congress for an additional $1.6 billion to bankroll a manned trip to the Earth's natural satellite by 2024 - four years ahead of the original target date.This funding would come on top of the $21 billion the administration proposed in its FY2020 b...Read More
By: RambusTonight I would like to update some ratio combo charts which may give us a sense of the bigger picture. Its like putting the pieces of a puzzle together where the small pieces don't look like much by themselves but when they're all added together it paints a clear picture. These ratio combo charts are just a piece of the puzzle that may add some clarity to some of the individual sector...Read More
By: Ira EpsteinGold in an uptrend:Read More
Today's chart shows ponderous supply sitting on the Nasdaq 100. The two smaller peaks to the left were made significant by the size of the decline that followed them. They harbor many investors who undoubtedly are eager to exit now that the broad averages have returned to those record levels. There is a further impediment in the form of the head-and-shoulderish formation at the righthand edge of...Read More
"$FLS - Flowserve (FLS) Presents At Bank of America Merrill Lynch 2019 Transportation and Industrials Conference - Slideshow https://t.co/rwJ3v1HeSW"Read full newsRead More
"Become smarter...How is a $15M #Diamond graded? The 4Read full newsRead More
"Global Metals EnergyFresh off the Press! Investors... get to know the @EnergyMetals ($GEMC.V) story that's unfolding more and more each day -- #GEMC $GEMC #CCW #Cobalt #Battery #Lithium @Tesla@panasonic #ElectriCarRead the Investor Presentation here: https://t.co/e5tou179TB"Read full newsRead More
"What could be better then a #successful #GoldStock?...#Palladium and #Copper... ????#IMetalResource #CanadaCobaltWorks #Vanstar $IMR $CCW $VSR $PDL $LUN #tsx #tsxv #smallcaps #Stockstotrade #stockstowatch #MomentumStocks https://t.co/1aN5pTPZNc"Read full newsRead More
"Maybe #MondiasNaterals can help with their exclusive #BioPesticide formulation... $NHP, $LOVE #McGill #McGillUniversity #RoundUp alternative #HealthyLiving #NateralCultivation, #GrowOPP #CannabisCultivationhttps://t.co/RGGXWUkrwI"Read full newsRead More