The addition of the First Majestics' San Dimas Mine bumped silver production from 2.29 million ounces to 2.75 million ounces.The Vancouver-based silver company (TSE:FR) announced its second quarter on Monday."During the quarter, the integration of the newly acquired San Dimas mine into our Mexican portfolio was our primary focus," said Keith Neumeyer, President & CEO, in a news release.San Dimas w...Read More
Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) is down more than 15% from the June high, and investors are wondering if the pullback has simply gone too far.Let's take a look at Canada's largest diversified mining company to see if it deserves to be on your buy list right now.VolatilityTeck is one of those stocks that can either make your rich or hammer your retirement fund, depending on when you buy...Read More
The outlook for base metals continues to weaken because of fears that a full-blown trade war will erupt, which will cause global manufacturing activity to fall and crimp economic growth. This has had a deleterious effect on nickel, which has dipped in recent weeks because of deteriorating demand. These latest events are not good news for diversified nickel miner Sherritt International Corp. (TSX:S...Read More
Gold has weakened sharply since mid-April 2018, as the optimism surrounding the outlook for global economic growth has firmed. This decline in value even occurred despite fears of a trade war emerging after the Trump administration slapped tariffs on a broad range of imports from China, Canada, and the European Union (E.U.). This development shouldn't deter investors from investing in the lustrous...Read More
Chris Martenson on our “Potemkin Village financial markets” … Jimmy Kimmel: Seriously, how ignorant are we? Americans unable to name a single country on a map … Max Keiser: Is Trump just pretending to be crazy? … Facebook flags … Lynette Zang: “A pattern shift has occurred” … &nb...Read More
Several of us who stick our neck out in public with analytic opinions on the market have been thinking that gold has reached a tradable bottom. I'm sure many would say that view is flawed based on today's action. Let me preface my thoughts by saying that, over the last 17 years of daily active involvement in the precious metals sector, I don't pull my hair out over intra-day or even intra-ye...Read More
The ATAC Team. From L-R: Doug Goss, Chairman, Julia Lane, VP, Exploration, Ian Talbot, COO, Ed Cope, Technical Advisor, and Graham Downs, President and CEO. Sources ATAC Resources Ltd.ATAC Resources Ltd. [ATC-TSXV] on Tuesday July 17 announced results from a key area of its 1,700 km2 Rackla gold property in the Canadian Yukon Territory. The Vancouver-based company said it intersected 23.59 metres...Read More
Samples of typical 'watermelon seed' gold nuggets from the Pilbara region of northwestern Australia. Photo courtesy Pacton Gold Inc.Australia rarely makes the news in North America. Bill Bryson, the author of the amusing Aussie travel book In a Sunburned Country describes a search he did on the number of articles about Australia that appeared in The New York Times in a year. The total number of st...Read More
A gravity survey underway at Belmont's Kibby Basin Project in Nevada. Source: Belmont Resources Inc.MGX Minerals Inc. [XMG-CSE] has struck a deal to earn up to a 50% interest in Belmont Resources Inc.'s [BEA-TSXV, L3L1-Frankfurt] Kibby Basin Lithium project in Nevada. Once the option is exercised, the companies will become equal partners at Kibby Basin and Belmont will have access to MGX's lithium...Read More
An example of Noront's Eagle's Nest Project high-grade nickel-copper-platinum group metals diamond drill core. Source: Noront Resources Ltd.Noront Resources Ltd. [NOT-TSXV] has launched what it has dubbed the next and final phase of the site selection process for a proposed ferrochrome production facility that it hopes to build in Ontario. The move comes after Thunder Bay and Sudbury were eliminat...Read More
Nevsun's Bisha copper-zinc mine in Eritrea, Africa. Source Nevsun Resources Ltd.Lundin Mining Corp. [LUN-TSX; LUMI-Sweden], on Tuesday July 17, announced plans to launch an all-cash hostile takeover bid for Nevsun Resources Ltd. [NSU-TSX; NYSE AMERICAN], saying it will take the offer directly to the company's shareholders.News of the $4.75 per share offer, worth $1.4 billion, means Lundin is effec...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,519.24, up 24.51 points)Nevsun Resources Ltd. (TSX:NSU). Miner. Up 55 cents, or 13.06 per cent, to $4.76 on 10.8 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down nine cents, or 1.12 per cent, to $7.97 on 8.9 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipm...Read More
I'm not going to lie.By now, I really thought the state of New Jersey would've begun the transition into a state that enjoys the many benefits of full-scale cannabis legalization. After all, part of Governor Phil Murphy's campaign was based on legalization. And poll after poll showed that once that scumbag prohibitionist Chris Christie moved out of the Governor's mansion, residents would be keen t...Read More
It's summertime here in the Northern Hemisphere, time for the neighborhood cookout. Many of the locals were there with their children and some with their parents. The Asian-style hot wings were great, and the ribs did indeed fall off the bone.It was hosted in a newly built McMansion that seemed like it was 30% empty space, all entranceway and two-story living room with a catwalk to the bedrooms. O...Read More
Rick Rule, who is President and CEO at Sprott US HoldingsInc., is one of my favorite people to interview, as his wit and intellect areonly exceeded by his experience and knowledge of natural resource investmentstrategies. Rick is a highly experienced investor and speculator, focusing onpublic and private issuers in natural resource industries. He has personallystructured, led and participated in h...Read More
US Money Supply Growth StallsOur good friend Michael Pollaro, who keeps a close eye on global "Austrian" money supply measures and their components, has recently provided us with a very interesting update concerning two particular drivers of money supply growth. But first, here is a chart of our latest update of the y/y growth rate of the US broad true money supply aggregate TMS-2 until the end of...Read More
John G. Speer, director of the Advanced Steel Processing and Products Research Center at Colorado School of Mines, discussed the role of a new generation of advanced high-strength steel (AHSS) in the automobile industry in Physics Today, the flagship publication of the American Institute of Physics. With stricter fuel-efficiency requirements, automakers are looking at materials to reduce the weigh...Read More
Strokes are the fifth leading cause of death in the United States, and a team of researchers at Colorado School of Mines is working on a new treatment for blockages that occur in vessels too small to be accessed by traditional catheters. And not just any treatment - tiny bots that are designed to deliver a potentially life-saving medication straight to the problem area in the brain. "If you ha...Read More
Cecilia Diniz Behn, assistant professor of applied mathematics and statistics at Colorado School of Mines, and graduate student Nora Stack were recently featured in a Cosmos Magazine article about the use of mathematical modeling to tackle problems related to the body's day-night cycle, or circadian rhythm. Among the challenges that circadian models could help address are adjusting to shift work a...Read More