Chest BumpsOne of the more extraordinary things that investors have seen in living memory is unfolding at this precise moment. This goes for business leaders, money managers, veteran Wall Streeters, value investors, 401(k) holders, momentum traders, FX guys, gold bugs, technical gurus, chartists, pork belly speculators, quants, astrologists, Larry Summers, put option sellers, dweebs and geeks, mi...Read More
Russia already has 40 icebreakers opening up new shipping lanes in the Arctic. (By comparison, the United States has just two.)Now it's adding 15 more at a cost of $320 million apiece. That's nearly $5 billion just to extend Russia's lead in the developing "Eighth Continent."But as far as Russian President Vladimir Putin is concerned, the investment is well worth it."This is perhaps the largest st...Read More
Canada is the world's third-largest diamond producer in terms of volume in carats and value, according to production estimates of New York-based diamond analyst Paul Zimnisky. The Northern Miner has compiled the top-10 Canadian-headquartered diamond companies by market capitalization, as of June 29, 2018.Lucara Diamond's Karowe Mine in Botswana. Credit: Lucara Diamond1. Lucara DiamondMarket cap: $...Read More
During challenging financial environments, funding from alternative sources can be the lifeblood of a company's growth strategy.Read full newsRead More
CloseGain/LossGold $1247.10+$4.90Silver$15.94+$0.14XAU81.11+0.16%HUI174.82+0.17%GDM616.94+0.43%JSE Gold1055.99-16.37USD94.78+0.04Euro116.73-0.02Yen88.89-0.38Oil$70.33-$0.0510-Year2.849%+0.009T-Bond145.34375-0.125Dow24924.89+0.91%Nasdaq7823.92+1.39%S&P2798.29+0.87% The Metals: Gold gained $6.30 to $1248.50 by midday in New York before it chopped back lower into the close, but it still ended...Read More
As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More
Hallmark of an Economic Ponzi Schemeby John Hussman of Hussman FundsConsider two economic systems.In one, consumers work for employers to produce products and services. The employees are paid wages and salaries, and business owners earn profits. They use much of that income to purchase the goods and services produced by the economy.They save the remainder. A certain portion of the output represe...Read More
I expect higher physical demand in Asia to prevent further crashes. Use the current correction in gold and silver to invest for yearend or for a period of two years. I have been advising a ten percent investment in physical gold and silver. I am now asking you to increase the same to fifteen percent of your long-term investment. In India, the mark to market (MTM) value of my equity investment...Read More
Comstock Metals Ltd. (TSXV: CSL) (Read full newsRead More
LottoGopher Holdings Inc. (C.LOTO, OTCQB: LTTGF, Forum) is adding a new tool to its growing tool kit. The California-based lottery subscription service recently announced that it has entered into a binding agreement to acquire 88% of the issued and outstanding shares of one of the lar...Read full newsRead More
Off the back of its recent acquisition of Perth-based subsurface data logging company Surtech Systems, METS company Qteq has already won the first of many expected contracts to provide borehole data using new innovative measurement sensors and systems.The contract for environmental logging in the Northern Territory, will use Qteq's patented BMR (Borehole Magnetic Resonance) technology to provide r...Read More
"Brief note from @Roskill_Info on processing laterite ores into #nickel sulphate. Roskill reckons an incentive price of $20,000/t to meet the supply gap in nickel https://t.co/I7bC2xFVkO"Read full newsRead More
JAKARTA/TORONTO, July 12 (Reuters) - Freeport-McMoRan Inc said on Thursday it will sell a majority stake in the world's second-biggest copper mine to the Indonesian government, seemingly ending a long-running dispute via a series of complex deals worth $3.85 billion.The agreement, which could still collapse, will see Freeport give up majority control but remain the operator of the Grasberg mine, l...Read More
Mr. Yannis Tsitos reportsGOLDSOURCE REPORTS HIGH-GRADE RESULTS FROM SALBORA AND INITIAL RESULTS FROM BISHOP GROWLER; 2.0 METRES GRADING 87.51 G/T AUGoldsource Mines Inc. has released additional results from the continuing exploration program at the Salbora target and initial results for the Bishop Growler target at its Eagle Mountain gold project in Guyana. The company has received assay results f...Read More
"We are pleased to announce @ProudfootMCG are a platinum partner for Future of Mining Americas taking place in Denver October 29-30. Find out more about their #DigitalTransformation #operationaltransformation solutions #futureofmining #FOMAmericas https://t.co/nce1P9i6Bm"Read full newsRead More
Velocity Minerals Ltd. (TSXV:VLC) ("Velocity" or the "Company") announces that the previously announced shares for services arrangement (the "Arrangement") with GEOPS - Bolkan Drilling Services Ltd. (theRead full newsRead More
Most of us are familiar with The Hunger Games - the story of a fictional future society where an elite has everything and is oblivious to the suffering all around them, beyond an occasionally...Read full newsRead More
Stratabound Minerals Corp. (TSX-V:SB) ("Stratabound" or "the Company") is pleased to announce the closing of the non-brokered private placement (the "Private Placement") offering of $495,125 first announced on June 27, 2018.Read full newsRead More
Mr. Michael Williams reportsVENDETTA COMMENCES PRELIMINARY ECONOMIC ASSESSMENT AND UPDATES RESOURCE DEVELOPMENT ACTIVITIESVendetta Mining Corp. has provided the following update on resource development activities and the commencement of a preliminary economic assessment at the Pegmont lead-zinc project in Queensland, Australia.Update on mineral resource estimateAn updated mineral resource estimate...Read More
Last year, Porsche deployed its first new 'ultra-fast' charging station that will work with the Mission E, now Taycan, 800-volt charging system. Now the company announced that they are ...Read full newsRead More