B2Gold (TSX: BTO; NYSE: BTG) produced a record 242,020 oz. gold in 2018's third quarter, 78% higher than in the same quarter of the previous year. It attributed its success to strong performances from the Kekola mine in Mali, the Masbate mine in the Philippines and the Otjikoto mine in Namibia.The company reported $324 million in gold revenue, 110% higher than in the same quarter of the previous...Read More
MOSCOW - Polyus, Russia's largest gold producer, on Wednesday reported third-quarter net profit down 61 percent from a year ago to $144 million due to foreign exchange losses and other non-cash items.The company controlled by Said Kerimov, son of Russian tycoon Suleiman Kerimov, has not been targeted by the U.S. sanctions against Moscow. Washington included Suleiman Kerimov and some other Russian...Read More
Mr. Greg Smith reportsCALIBRE MINING STRENGTHENS MANAGEMENT AND BOARD OF DIRECTORS Calibre Mining Corp. has appointed two seasoned mining professionals to its board of directors. Effectively immediately, Russell Ball has been appointed as executive chair and Raymond Threlkeld joins the board as a director.Concurrent with these appointments, John Reynolds has stepped down from the Calibre board an...Read More
SHANGHAI - China's exports of alumina last month were roughly equal to September's bumper volumes, the president of Aluminum Corp of China Ltd, said on Wednesday."I estimate that October was more or less the same as September," Lu Dongliang told Reuters on the sidelines of a signing ceremony at the China International Import Expo in Shanghai. The Chinese company, also known as Chalco, is one of th...Read More
"#Lithium developer Savannah has found three new mineralised zones at its Mina do Barroso project in Portugal, and will work on adding them to the MRE ($) | https://t.co/4hEVB7Gvdn $SAV #AIM"Read full newsRead More
JAKARTA - Indonesia's South Sumatra province plans to ban coal transporters from using public roads from Nov. 8, an industry association said, in a move estimated to cut the province's annual coal sales by 23 million tonnes.Indonesia is the world's top thermal coal exporter, and South Sumatra's total output of the fuel this year was expected to be 48.5 million tonnes, the Indonesian Independent Po...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), announces that it has issued a convertible unsecured promissory note (the "Note"). The Note has an outstanding principal amount of CAD$275,000, accrues interest at a rate of 12% per annum, matures 36 months from the date of issuance, and is convertible, from time to time, in whole or in part, into...Read More
Afghanistan selected preferred bidders for three gold and copper mines in 2012. It took the war-torn nation six years to finally sign the contracts.Afghan President Ashraf Ghani announced the deals in the past few weeks. The government took time to finalize the agreements because it wanted to ensure they were transparent and will help eliminate corruption in awarding contracts, Ghani said in an in...Read More
Afghanistan selected preferred bidders for three gold and copper mines in 2012. It took the war-torn nation six years to finally sign the contracts.Afghan President Ashraf Ghani announced the deals in the past few weeks. The government took time to finalize the agreements because it wanted to ensure they were transparent and will help eliminate corruption in awarding contracts, Ghani said in an in...Read More
Michigan just became the latest state to legalize cannabis.Read full newsRead More
NEWPORT BEACH, Calif./SANTIAGO - Albemarle Corp's claim to have developed a unique process that would more than triple its lithium production from Chile's Atacama Desert without using more water is drawing increased scrutiny from regulators and investors pushing for more details.The development could help Albemarle cement its position as the world's largest lithium company, just as global demand f...Read More
"#Cobalt is going from the largest forecast surplus on record in 2019 to the largest deficit in one fell swoop from the Kamoto suspension | https://t.co/PZdBeWX617 $GLEN #DRC"Read full newsRead More
Following its recent announcement of a partnership with Purlucid Treatment Solutions, Vancouver-based MGX Minerals (CSE: XMG) said today that it is moving forward with its third petrolithium and advanced wastewater treatment system to recover lithium from brine.In detail, MGX said that the manufacturing of nano-filtration membrane housing is underway and primary nano-flotation, piping, and structu...Read More
Botswana Diamonds (LON:BOD) has signed a contract with Palaeo Minerals covering full-scale mining activity at the Thorny River project in South Africa, which the company believes will become its first operating mine.The agreement, which sees Botswana Diamonds handing over control to the contractor, will allow the company to self-fund the project from bulk sampling through to mine development, it s...Read More
As we have written before in this report, we believe that for the market to regain its footing and march to new highs before year-end in the face of higher bond yields, financial stocks will have to lead. Typically, banks and insurance companies benefit from higher long-term interest rates and a growing economy. If they cannot outperform now with US growth above trend and long rates rising, somet...Read More
The Golden Triangle (GT) in northwestern British Columbia (Canada) is a tremendous place to explore and make precious & base metal discoveries. It's known for monster high-grade gold deposits, but also hosts silver, copper & other base metals. When one considers the GT, one might think of Pretium Resources' new bonanza-grade gold (Au) mine. Pretium has an Enterprise Value of about C$2.6 B...Read More
Despite gold recovering during October 2018 to now be trading at over US$1,227 an ounce, silver remains weak, trapped at well below US$15 per ounce. This - along with the stagnant outlook for the white metal - is having a sharp impact on primary silver miners. While silver has only lost 15% since the start of 2018, miner First Majestic Silver (TSX:FR)(NYSE:AG) has dropped by over 18%, and there a...Read More
Diversification is an essential element of investing and it is just as important today as it ever was.It means ensuring that we have stocks from different sectors that are not correlated so that we can shelter our portfolios somewhat from the volatility of a given sector.It's all about risk management.It also means investing in sectors even when their outlook isn't great, as far as we can tell. Th...Read More
Canadian investors are searching for top-quality stocks that are recovering after the October pullback and could deliver attractive returns heading into next year.Let's take a look at a global market leader in the TSX Index that might be an interesting pick for your TFSA portfolio.Nutrien (TSX:NTR)(NYSE:NTR)Nutrien continues to work through the process of integrating the assets of Potash Corp. and...Read More
"How did you go bankrupt?" Bill asked."Two ways," Mike said. "Gradually and then suddenly."- "A Farewell To Arms" - HemingwayZillow Group stock plunged 24% this morning after reporting Q3 numbers that missed revenue and net income estimates. In addition, the Company revised Q4 lower. ZG is down 52% after hitting hitting an all-time high of $65 in mid-June.Zillow Group is sort of a "derivative" of...Read More