Mr. Chuck Jeannes reportsORLA MINING APPOINTS JASON SIMPSON AS NEW PRESIDENT & CEO Jason Simpson will succeed Marc Prefontaine as Orla Mining Ltd.'s president and chief executive officer effective Nov. 12, 2018.In addition to the role of president and chief executive officer, Mr. Simpson will also serve as a director of the company.Marc Prefontaine, current president and chief executive office...Read More
Mr. Ivan Bebek reportsAURYN SAMPLES UP TO 31.6 G/T GOLD AND 5.25% COPPER IN THE FERROBAMBA LIMESTONE AT SOMBREROAuryn Resources Inc. has released more favourable results from its Sombrero project in southern Peru following a rock sampling program focused on the Ferrobamba limestone. The company has also staked an additional 11,000 hectares to the east and contiguous to its Sombrero North claims as...Read More
Mr. David Wolfin reportsAVINO ANNOUNCES Q3 2018 PRODUCTION RESULTS; PROVIDES CORPORATE UPDATEAvino Silver & Gold Mines Ltd. has released its third quarter 2018 production results from its Avino property near Durango, Mexico.Consolidated production highlights for third quarter 2018 (compared with third quarter 2017): Silver equivalent production decreased by 7 per cent to 704,429 ounces (1).Go...Read More
Miner and commodities trader Glencore (LON:GLEN) is cutting 430 jobs, or about 30 percent of the workforce at its Hail Creek coal mine in Queensland, Australia, following a 100-day review that began after it bought the asset from Rio Tinto.Under the "reconfiguration" of Hail Creek, the two-dragline operation would become a truck-and-shovel mine with a seven-day-on, seven-day-off roster, meaning th...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, with downward momentum already in control, the Index got sucked down alongside the weakness in US and world markets. The INK CIN Index slid 42.55 points for a 3.5% loss. The INK CIN finished the week at 1175.72 and has fallen 5.9% in the last two weeks alone.Momentum indicators...Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce the appointment of Zara Kanji, CPA, CGA as Chief Financial Officer of Quadron.Zara is a founder of Zara Kanji & Associates (established in 2004). Zara is experienced in financial reporting and compliance for listed companies, personal and corporate taxation, general accounting, financial...Read More
A loan of $1,725 helps a member to purchase a solar lighting system, a clean cookstove, and a subscription of biomass pellet fuel that will help reduce deforestation.Read full newsRead More
A loan of $1,725 helps a member to purchase a solar lighting system, a clean cookstove, and a subscription of biomass pellet fuel that will help reduce deforestation.Read full newsRead More
Fears of a full-blown trade war and higher oil have all been weighing heavily on the global economic outlook, including materials and base metals exchange-traded funds such as the iShares Global Materials ETF and SPDR S&P Metals and Mining ETF, which are both down by 13% since the start of 2018.While Trump's approach to trade along with firmer crude poses a threat to the global economic upswin...Read More
It has been a difficult few years for investors in what is known as the most electrically conductive element silver. The white metal appears caught in a prolonged slump with little to no signs of a recovery occurring anytime soon. With silver trading at US$14.60 an ounce, there's increasing speculation that it is close to the marginal cost of production for many primary silver miners, which makes...Read More
Weaker demand for silver sees the white metal down by 14% for the year to date, trading at less than US$15 an ounce, and its stagnant outlook is weighing heavily on primary silver miners. In an attempt to stimulate growth and expand earnings, primary silver miner Great Panther Silver (TSX:GPR)(NYSE:GPL) has announced that it will acquire Australian gold miner Beadell Resources. This US$105 million...Read More
As a reformed silver bug and long-term investor in the white metal, I understand the pain felt by many silver investors since its price collapsed in late 2016 after breaking through the psychologically important US$20 an ounce barrier. There is every sign that silver will remain stagnant for the foreseeable future, dashing my hopes that bullion will soar to over US$20 per ounce.This is bad news fo...Read More
Gold producers are catching a tailwind as the price of gold continues to claw back the losses it sustained over the past six months.Let's take a look at the current situation that is driving gold stocks higher and see if this is the right time to add Goldcorp (TSX:G)(NYSE:GG) to your portfolio.Gold rallySafe-haven demand has apparently returned to the gold market. The price of the yellow metal has...Read More
Growth stocks are an interesting topic among Canadian market watchers at the moment. In fact, with pot stocks taking up pretty much all available headline space, growth stocks are one of the hottest subjects around. This seems an odd state of affairs considering the uncertainty in the market that looks set to finally end the epic bull run; the marijuana stock boom is a rare phenomenon, to be sure....Read More
Beaten-down uranium miner Cameco (TSX:CCO)(NYSE:CCJ) has popped by an impressive 19% over the last month in response to receiving a favourable outcome regarding an investigation by the Canada Revenue Agency (CRA). This increased its appeal as an investment and fueled the bull case for investing in uranium and Cameco.While the latest news is certainly a positive for Cameco, it hasn't altered the un...Read More
The Del Toro silver mine in Mexico. Source: First Majestic Silver Corp.First Majestic Silver Corp. [FR-TSX; AG-NYSE; FMV-FSE] on Monday October 15 said production in the third quarter of 2018 reached a new company record of 6.7 million silver equivalent ounces.Total production consisted of 3.5 million ounces of silver, 35,260 ounces of gold, 4.4 million pounds of lead and 1.2 million pounds of zin...Read More
Copper-silver mineralization at the Bankers Cobalt Kamanjab Project in Namibia. Source: Bankers Cobalt Corp.Bankers Cobalt Corp. [BANC-TSXV, BC2-FSE] said Monday October 15 that it has established a confidential virtual data room to provide access for parties who have approached the company or expressed an interest in reviewing data on Bankers and its concessions."We have completed a significant a...Read More
The price of gold is acting... normal.And that's actually surprising to see.For the gold market, "normal" hasn't been... well, normal. Gold is traditionally a safe haven asset used to hedge economic and market risk. Demand and prices traditionally increase in times of fiscal turmoil. But this has not largely been the case for the past decade.Since the turn of the century, the gold market has dynam...Read More
Colorado School of Mines students are flexing their creative muscle on a real-life challenge to work with Climax Molybdenum, a Freeport-McMoRan company, in envisioning innovative ways to repurpose the Henderson mine following the eventual depletion of the mineral resource, and the social and economic transition of the mine and surrounding communities."Mines is very excited about this new partnersh...Read More
Will Fleckenstein, director of strategic relationships and enterprises for earth resources and environmental programs at Colorado School of Mines, was recently interviewed on Fox31 Denver about oil and gas development and how the natural resources came to be in Colorado. Watch the full segment below: Read More