Possible expanded expansion flaggedRead full newsRead More
Mark your calendars for July 12, from 5 to 9 p.m., when the annual Kiwanis Steak Fry cooks up a storm, with its Double R steaks, hamburgers, Hong Kong friedRead full newsRead More
The London Metal Exchange (LME), the world's biggest market for industrial metals, is stepping up efforts to make sure cobalt traded on the exchange is not mined using child labour, particularly in the Democratic Republic of Congo.Starting next year, the LME will demand all companies that get at least 25% of their metal from small-scale mines in the DRC to be subject of a professional audit, Finan...Read More
The London Metal Exchange (LME), the world's biggest market for industrial metals, is stepping up efforts to make sure cobalt traded on the exchange is not mined using child labour, particularly in the Democratic Republic of Congo.Starting next year, the LME will demand all companies that get at least 25% of their metal from small-scale mines in the DRC to be subject of a professional audit, Finan...Read More
Shares in miner and commodities trader Glencore (LON:GLEN) fell the most in two years after it revealed that US authorities had ordered it to hand documents and other records relating to possible corruption and money laundering.The stock fell as much as 13%, wiping more than 5.5 billion pounds ($7.3 billion) off Glencore's market value.The Swiss firm said Tuesday it had received a subpoena from by...Read More
Shares in miner and commodities trader Glencore (LON:GLEN) fell the most in two years after it revealed that US authorities had ordered it to hand documents and other records relating to possible corruption and money laundering.The stock fell as much as 13%, wiping more than 5.5 billion pounds ($7.3 billion) off Glencore's market value.The Swiss firm said Tuesday it had received a subpoena from by...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Despite appearing ripe for an advance based on the Index hugging the 1300 area for a couple of weeks in a row, the Index slipped last week. The INK CIN fell as much as 22 points to 1288.60 on an intraday basis (a shade below its lower Bollinger band), before scrambling to finish the week...Read More
Vancouver, BC - Bankers Cobalt Corp. (TSXV: BANC) (OTCQB:NDENF) (the "Corporation" or "Bankers"), announces the closing of its previously announced non-brokered private placement of units of the Corporation (the "Units") for gross proceeds of $1,310,000 (the "Financing"). In connection with the closing of the Financing, Bankers issued 10,916,667 Units at a price of $0.12 per Unit with each Unit c...Read More
Make no mistake: we are in a trade war with the United States. The trade rhetoric that began in earnest at the beginning of the year has turned into a tit-for-tat tariff battle.Dominating the trade headlines are the steel and aluminum industries. Unfortunately, Canada's steel companies have been caught in the middle and their share prices have tumbled. Although there are some real concerns, not a...Read More
With so many cryptocurrencies going to zero over the past few weeks, investors are finally witnessing the proverbial chickens "coming home to roost." What started as an astonishing new and revolutionary way of transferring value from one person (or business) to the next has become nothing more than a fad that has, at least for the time, being run its course. The last straw will come once the most...Read More
Amid the news that China will be applying tariffs on American soybeans as of July 6, stocks in that commodity appear set to rise in other international markets. Other members of the Asia-Pacific Trade Agreement as well as Brazil, are obvious alternative markets that could benefit. However, Canadian investors should consider our own home-grown soybean supplier, SunOpta Inc. (TSX:SOY), as a stock t...Read More
Beginning in early Spring,gold and silver faced two serious headwinds: Seasonality - that is, the annual decline in bullion demand from China and India once wedding season ends - and the internal structure of the futures markets, where the big players in gold had lined up in ways that historically point towards weak prices for a while. Both of these negatives are still in place (hence the smack-do...Read More
Even when gold ran to $1,370 in early April, gold mining stocks were trading like garbage. Many of us were baffled at what was going on. Aren't the mining stocks supposed to lead the metals? Well, yes they are and they still do! Apparently the gold/silver shares were trading poorly because they were forecasting a weaker gold/silver price...what a concept!What has definitely been missing with these...Read More
Alfred Stewart, President of Bluebird Battery Metals, a geologist, examines mineral samples at the Canegrass prospect in the Mount Magnet area West Australia. Photo courtesy Bluebird Battery Metals Inc.It is widely predicted that electric vehicles - EVs - are the transportation solution of the future. Around the globe in China, Europe and North America, consumers are turning to electric vehicles a...Read More
Stornoway Diamond's Renard diamond mine in Quebec. Source: Stornoway Diamond Corp.Stornoway Diamond Corp. [SWY-TSX; SWYDF-OTC] said it has suspended operations at its Renard diamond mine in the James Bay region of Quebec due to a forest fire in the region. As of 6:30 a.m. on Monday July 2, the fire covered an area of 18 by 6 km and was located south of the mine, fanned by northerly winds. While...Read More
LiCo Energy geologist Joerg Kleinbeck at the ramp entrance to the Teledyne Project northeast of the Town of Cobalt, Ontario. Source: LiCo Energy Metals Inc.LiCo Energy Metals Inc. [LIC-TSXV; WCTXF-OTCQB] has announced the appointment of Richard Wilson as President and CEO. Wilson is reassuming those roles from Tim Fernback, who is stepping down for personal reasons, the company said in press relea...Read More
When it comes to life, change is a constant and there will always be good times and bad times. For anyone with any experience in the Game of Speculation, you’re well aware that markets are volatile and resemble something like that of a sine wave.Ups and downs.Peaks and valleys.Life is really no different from speculating — It’s a case study on human behavior and psychology.Which...Read More
My easy pre-holiday commute to the office today was rudely interrupted by the battering ram-like force of an 1997 silver Isuzu truck slamming into the back of my Mustang. As my neck snapped back, I gave a brief and non-librarian thanks to whatever government regulation required headrests.I'd hate to have taken that hit in a mid-60s muscle car. As it is, my formerly pristine GT will be saddled with...Read More
We learned from Dr. Andrew Tunks, Managing Director of the Australian cobalt exploration company, Meteoric Resources (ASX: MEI), with projects in Canada. Meteoric Resources has engaged leading Canadian geology firm, Orix Geoscience, to re-analyze historical exploration to identify targets for an aggressive drilling program. We learned from Dr. Tunks that their main focus will be on Meteoric's exte...Read More
Thunder Bay, Ontario - July 3, 2018 (Newsfile Corp.) (Investorideas.com Newswire) White Metal Resources Corp. (TSXV: WHM) ("White Metal" or the "Company") is pleased to announce that it has received the assay results of 269 grab samples taken on the Gunners Cove Property (the "Property") and that, as a result, 5 new gold occurrences have been found. The new occurrences, named the Bazooka Zone, the...Read More