A Spike in Bank Lending to Corporations - Sign of a Dying Boom?As we have mentioned on several occasions in these pages, when a boom nears its end, one often sees a sudden scramble for capital. This happens when investors and companies that have invested in large-scale long-term projects in the higher stages of the production structure suddenly realize that capital may not be as plentiful as they...Read More
Angel Abbud-Madrid, director of the Center for Space Resources at Colorado School of Mines, was recently profiled by Denver alt-weekly Westword for a feature about the university's new graduate program in space resources. Fellow Mines faculty member George Sowers and current student Adam Marcinkowski were also quoted in the article.From the article:Abbud-Madrid and other members of the Mines facul...Read More
A geographic information system tool designed by Colorado School of Mines students is helping improve access to healthy, local food in Jefferson County.It started as an EPICS II project in 2017, but the partnership with GoFarm, a Golden-based nonprofit dedicated to improving local food access, has continued to grow and thrive."GoFarm has benefited so much from the students' creativity and eagernes...Read More
I'm excited to announce that we're holding our first-ever live summit.I'll be hosting it next week along with our in-house marijuana investment expert, Jimmy Mengel.It will be a 60-minute live master class on how medical cannabis is the biggest medical breakthrough in 220 years, and why early investors in it stand to make huge profits.During the summit, Jimmy is going to reveal his "Power 3" canna...Read More
VANCOUVER - Robert Friedland, executive chairman of Ivanhoe Mines (TSX: IVN, US-OTC: IVPAF), was in fine form during his presentation at the Sprott Natural Resource Symposium in Vancouver in mid-July. The promoter had a clear if familiar message for the hundreds of investors and mining executives in attendance: the energy revolution is here, metals are the "new oil," and Ivanhoe - with its three...Read More
CloseGain/LossGold $1225.20+$0.20Silver$15.48+$0.10XAU78.83+0.91%HUI170.07+0.81%GDM600.29+0.76%JSE Gold1008.03-7.66USD94.58-0.05Euro116.83-0.12Yen90.07+0.25Oil$68.52+$0.6310-Year2.952%-0.012T-Bond143.125+0.3125Dow25241.94+0.79%Nasdaq7840.77-0.01%S&P2820.40+0.48% The Metals: Gold fell $6.60 to $1218.40 in Asia before it rallied up to $1229.50 in late morning New York trade and then drifted...Read More
As governments around the world debase their currencies, you need an asset that can ride out the hard times. And nothing fits the bill like gold writes John Stepek of Money WeekWe've always said that you should have a bit of physical gold in your portfolio (about 5%-10%, depending).And note that, by gold, we do mean gold, not gold miners. If you own the miners (and sometimes it can be a good id...Read More
Once again the US dollar is playing a key role in determining gold and silver prices. Investors will not invest in gold and silver if price falls today also. In fact, there will be a sell off if gold and silver fall today. Big three days for crude oil as it needs to trade over $66.90 to prevent a sell off. Copper can range trade for a much longer time than most of us expect. I am very bullish on...Read More
Mr. Brett Heath reportsMETALLA ANNOUNCES VALGOLD SHAREHOLDERS VOTE IN FAVOR OF PLAN OF ARRANGEMENTShareholders of Valgold Resources Ltd. voted to approve the plan of arrangement between Metalla Royalty and Streaming Ltd. and Valgold (as previously announced on May 9, 2018) at the annual and special meeting of Valgold shareholders. The arrangement was approved by 99.99 per cent of the votes cast b...Read More
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 23, 2018.Number of shares: 11,499,998 sharesPurchase price: seven cents per shareWarrants: 5,749,999 share purchase warrants to purchase 5,749,999 sharesWarrant exercise price: 10 cents for a two-year periodNumber of placees: 37 placeesInsiders: Brian Groves, 3...Read More
Veteran investor Rick Rule is always on the hunt for under-the-radar opportunities. Here he shares two commodities he believes areRead full newsRead More
"They are taking on debt that they can't repay. A drop in savings and rise in delinquencies means you can't support the (overall) spending...[an oil or trade shock] could lead to a rather dramatic scaling back of consumption...Read full newsRead More
Metallis Resources Inc (TSXV:MTS)(Read full newsRead More
ELKO - Boom. Bust. Rush. Crash.Read full newsRead More
"Though the #miningindustry acknowledges some huge challenges, industry leaders appear unwilling to tackle these head on at a company level. Read more from the #GlobalLeadershipReport https://t.co/jAmFWcokTP @ProudfootMCG @SwannGlobal"Read full newsRead More
Technology may yet have profound implications for mining and mining investmentRead full newsRead More
VANCOUVER, British Columbia, July 23, 2018 (GLOBE NEWSWIRE) - Western Resources Corp. ("the Company") is pleased to announce that its wholly owned subsidiary Western Potash Corp. ("Western") has successfully developed a groundwater supply source for the Company's proposed Milestone Phase I Potash Project ("Phase I Project") located 35 km southeast of Regina, Saskatchewan. Water pump test results...Read More
Mr. Mike Mutchler reportsAMARILLO ANNOUNCES PROPOSED FULL REPAYMENT OF THE GOLD-LINKED LOAN AND OTHER CONCURRENT SHARES FOR DEBT TRANSACTIONS Amarillo Gold Corp. intends to: (I) fully repay the gold-linked credit facility for $8.5-million (U.S.) through a combination of $7.4-million (U.S.) in cash and $1.1-million (U.S.) in new equity; and (ii) settle an aggregate amount of $1.2-million (Canadian)...Read More
OSLO, July 24 (Reuters) - Norwegian aluminium producer Norsk Hydro said the timing for resuming full output at its Alunorte alumina refinery in Brazil remained uncertain, with the possibility it could be achieved between October and the middle of next year.Brazilian authorities ordered Hydro in February to slash output from Alunorte, the world's largest alumina refinery. The move triggered cutback...Read More
VANCOUVER, July 23, 2018 /CNW/ - Alio Gold Inc (TSX, NYSE AMERICAN: ALO) ('Alio Gold' or the 'Company'), today announced that it will release its second qua...Read full newsRead More