The Tahoe Resources La Arena gold mine 480 km northwest of Lima, northern Peru. The La Arena II Project is adjacent to the mine. Source: Tahoe Resources Inc.Tahoe Resources Inc. [THO-TSX, NYSE] said Friday it has suspended mining at its La Arena mine in Peru due to protests.The company said a group ranging from between 80 to 100 people from the nearby community of La Ramada, located about three ki...Read More
Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,262.88, down 108.67 points)Aurora Cannabis Inc. (TSX:ACB). Health care. Up one cent or one per cent to $8.80 on 17.3 million shares.Aphria Inc. (TSX:APH) Health care. Up 97 cents or six per cent to $16.98 on 12.1 million sharesCronos Group Inc. (TSX:CRON) Health care. Up $1.04 or 8.8 per ce...Read More
The Canadian government is two options after the Federal Court of Appeal on Thursday quashed the approval of the $7.4 billion Trans Mountain Pipeline expansion on the basis that Canada's efforts to meaningfully consult with indigenous people fell short.Soon after the Appeal Court's ruling was announced on Thursday, shareholders of Kinder Morgan Canada [KML-TSX] voted overwhelmingly to approve th...Read More
CALGARY - Canadian Natural Resources Ltd. says it has signed a deal to buy the Joslyn oilsands project from Total SA and its partners for $225 million.Under the deal, Canadian Natural will pay $100 million in cash on closing the agreement and make annual cash payments of $25 million over the next five years.The Joslyn project is directly south of Canadian Natural's Horizon project. It was put on...Read More
Had you told me ten years ago that an electric scooter company would be valued at $2 billion, I would've laughed.Not in a mean way, just in a, "I don't buy it," kind of way.And I'm not talking about these kinds of scooters ...I'm talking about these things ...The scooter company that's valued at $2 billion is called Bird, and I'm sure you've seen the company's electric scooters stacked up and litt...Read More
Part 3: Some people love me and some people hate me. Maclean's magazine cover from September 1994."I'd been burned. You wake up and you don't have a friend in the world. You don't have anyone who will come in and save you."Margaret KentWe conclude our exclusive, in-depth interview with Stratabound Minerals chairman Margaret "Peggy" Kent, carried out by Northern Miner senior staff writer Trish Say...Read More
Despite patches of trouble in different regions of the country from time to time, Mexico remains one of the most favoured mining and exploration jurisdictions for Canadian and U.S. juniors. Here is a look at eight juniors active in Mexico.AMERICAS SILVERToronto-based, Darren Blasutti-led junior silver miner Americas Silver (TSX: USA; NYSE-AM: USAS) has two operating mines in Mexico and Idaho plus...Read More
Lumina Gold (TSXV: LUM; US-OTC: LUMAF) is spinning all but one of its properties out into a separate company called Luminex Resources. It retains the Cangrejos gold-copper project, located in Ecuador's El Oro province, 30 km southeast of the provincial capital, Machala.Lumina shareholders can exchange one Lumina share for one new Lumina share plus 0.15 of a Luminex share. The company says Lumina o...Read More
The following is an edited excerpt from the World Gold Council's latest Investment Update. To read the full report, visit www.gold.org.In August gold fell to a 20-month low amid sharp emerging market currency depreciation. At these levels, we believe the gold price may bounce back. Consumer demand is likely to be supportive in the second half. And short positioning may quickly reverse should one o...Read More
Allegiant Gold (TSXV: AUAU; US-OTC: AUXXF) has reported drill results for the remaining 13 holes of its 22-hole (8,000-metre) phase one resource expansion drill program at its 100%-owned, district-scale Eastside gold project in Nevada.The phase one holes were drilled west and south of the Original zone in areas currently classified as waste rock, or below the planned open pit, with the objective o...Read More
Earlier this week, President Trump claimed on Twitter that "China hacked Hillary Clinton's private Email server."Now, the FBI and China (not that they can really be trusted) both said that's not true. And Trump himself has been known to play fast and loose with the truth.So, it's hard to know whether this particular accusation is factual.But, at the end of the day, it doesn't matter.You know why?B...Read More
CloseGain/LossGold $1200.20-$6.10Silver$14.56-$0.20XAU66.40-1.77%HUI143.65-1.81%GDM520.80-1.50%JSE Gold971.70-6.42USD94.65+0.08Euro116.75-0.34Yen90.18+0.55Oil$70.25+$0.7410-Year2.865%-0.014T-Bond144.96875+0.375Dow25986.92-0.53%Nasdaq8088.36-0.26%S&P2901.13-0.44% The Metals: Gold fell $5.80 to $1200.50 in Asia before it bounced back to $1206.70 in London and then plunged down to $1196.50 by...Read More
- "This is a financial war ... Russia is dumping Treasuries to get out from under dollar hegemony" - Rickards on CNN Money- Russia ramping up gold buying and has "tripled gold reserves in 10 years," from 600 to almost 2,000 tonnes- "Russia is pushing back" against U.S. sanctions using cyber financial warfare and acquiring gold bullion as a hedge- "The dollar is in long-term decline" and it...Read More
All over the internet I have been reading that a higher trajectory of US interest rates will drag down gold. I believe that the long term gold price is more about the global political situation and not pure economics. The US induced trade war and its domestic protectionism will ensure that gold/crypto currencies backed by gold, replaces the US dollar as the medium of exchange between central ban...Read More
"CROP Subsidiary to Open Italian Retail Locations Launching Its First Line of Hemp Oil Infused Products in Italy -- $CROP @CROP_cse #Cannabis #California #CRXPF #CropCorp -- Read the News Release here: https://t.co/sTeSghRRvr"Read full newsRead More
"OceanaGold and Goldcorp Invest millions in Gold Standard's New C$10.5-Million Private Placement. https://t.co/PtA5CDgiSg #investing #gold"Read full newsRead More
"CROP Subsidiary to Open Italian Retail Locations Launching Its First Line of Hemp Oil Infused Products in Italy -- $CROP @CROP_cse #Cannabis #California #CRXPF #CropCorp -- Read the News Release here: https://t.co/sTeSghRRvr"Read full newsRead More
"Yesterday we discussed that the pattern after the selloff from 1213 at the pivot line was choppy and overlapping and odds favored a test of 1197-1202.Today's action has met that price point.If the line that price is now at gives,look for 1192 next & potentially 1182."Read full newsRead More
"CROP (@CROP_cse) (CSE: $CROP // OTCMKTS: $CRXPF) Subsidiary to Open Italian Retail Locations Launching its First Line of #Hemp Oil Infused Products in Italy [https://t.co/swQ0geUlE7]#POTstocks #investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business"Read full newsRead More
Momentum Public Relations Blog: August 30 2018 There has been more than a little speculation in the financial press as of late that the boom in marijuana stocks traded on the TSX and TSXV will shortly become a bust and that marijuana shares will return to earth just as quickly as they climbed skywards. EvenRead full newsRead More