June 21, 2018 (Investorideas.com Newswire) Precious metals expert Michael Ballanger explains why he believes gold is bottoming.Today's missive is going to be brief as there are no need for words when you have the chart below indicating every major low in gold was accompanied by an RSI reading below 30. GLD (the physical gold ETF) is sporting a 27.46 RSI this morning and while we have seen readings...Read More
June 21, 2018 (Investorideas.com Newswire) Sector expert Adrian Day looked at two 'favorite' junior explorers he considers 'good buys at current levels.'Lara Exploration Ltd. (LRA:TSX.V) (0.59) released some very strong results from channel sampling at a new polymetallic property in Peru. The Puituco Project returned 4.6% zinc, 4.9% lead and 27 grams per ton over 42.6 meters. These results make it...Read More
June 21, 2018 (Investorideas.com Newswire) A BMO Capital Markets report outlined the pending arrangement between the two entities.In a June 18 research note, Andrew Kaip, an analyst with BMO Capital Markets, reported that Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) acquired a silver stream from Falco Resources on its Horne 5 project in Quebec for CA$180 million (CA$180M). "The silver stream has a...Read More
June 21, 2018 (Investorideas.com Newswire) Drilling was completed on two holes at a site in British Columbia's Golden Triangle.Pretium Resources Inc. (PVG:TSX; PVG:NYSE) recently reported the results of underground exploration drilling east from the Valley of the Kings. Two holes over 1,500 meters in depth intersected Brucejack-style mineralization. Proximity to porphyry-style mineralization at de...Read More
Redefined Terms and Absurd TargetsAt one time, the Federal Reserve's sole mandate was to maintain stable prices and to "fight inflation." To the Fed, the financial press, and most everyone else "inflation" means rising prices instead of its original and true definition as an increase in the money supply. Rising prices are a consequence - a very painful consequence - of money printing. Fed Cha...Read More
Birth control pills are the most popular form of contraception in the U.S., used by an estimated 9.7 million women nationwide. But nearly 60 years after "The Pill" first came on the market, scientists still don't understand exactly why oral contraceptives cause a heightened risk for blood clots.Two Colorado School of Mines professors hope to unravel that medical mystery with help from a five-year...Read More
The votes are in, and pot is here to stay...Canada has become the biggest country in the world to fully legalize recreational marijuana.The Senate passed Bill C-45 - otherwise known as the Cannabis Act - on Tuesday with a vote of 52-29. This paves the way for a billion-dollar industry to finally begin flourishing. Once the law goes into effect in the next 8 to 12 weeks, Canadians will be allowed t...Read More
Bonterra will acquire all of Metanor's issued and outstanding shares in an acquisition that both companies hope will result in resource growth, exploration synergies and a de-risked path to production.Read full newsRead More
Telson Mining Corporation (TSXV:TSN) was featured in the Aurora Gazette, where the writer analyzes Telson's numbers.Read full newsRead More
CloseGain/LossGold $1269.50-$6.00Silver$16.30UNCHXAU81.25-0.52%HUI175.44-0.80%GDM611.50-0.75%JSE Gold1075.67+3.70USD95.09+0.05Euro115.83-0.01Yen90.73-0.34Oil$66.22+$1.1510-Year2.936%+0.046T-Bond144.50-0.4375Dow24657.80-0.17%Nasdaq7781.51+0.72%S&P2767.32+0.17% The Metals: Gold dipped $4.20 to $1271.30 in London before it bounced back to $1276.20 in morning New York trade, but it then fell b...Read More
Weaker Asian currencies have resulted in gold and silver prices not falling by much. As long as the physical gold price in India does not fall below Rs.30500 per ten grams for 22carat purity, downside risk will be limited. I do not foresee the physical gold price falling below Rs.30500 per ten grams for 22carat purity till Diwali. The Indian rupee has to gain against the US dollar significantly...Read More
At the recent Big Data and AI conference held in Toronto, the topic of mining disruption through technology was front and center. Speaker Denis Laviolette, president and CEO of Gold Spot Discovery, highlighted the need for the mining sector to embrace recent advancements.Read full newsRead More
Indicator and pathfinder minerals help explorers narrow down the search area for many different types of ore deposits, including gold.Read full newsRead More
In the Earth full of metals and minerals, not all lithium is created equal. Much of the world's current lithium production is derived from lithium-containing brine extracted from underground pools and concentrated by solar evaporation, the majority of which occurs in South America. Extracting economic lithium concentrate from brine waters involves evaporation in large ponds, is weather dependent,...Read More
Brixton Metals Corporation (TSXV:BBB) (the "Company" or "Brixton") is pleased to announce the intention to spin-out its Cobalt assets located in the Cobalt Camp, Ontario into a standalone public company.Read full newsRead More
June 19, 2018 - Nevada Copper Corp. (TSX: NCU) ("Nevada Copper" or the "Company") is pleased to provide an operations and drill results update regarding the Underground and Open Pit projects at its 100%-owned, fully-permitted Pumpkin Hollow Project in Nevada.HighlightsEarly Underground construction works ramping up:Early construction works continue to ramp-up at the Pumpkin Hollow Underground pro...Read More
(Bloomberg) - .Conamix, an Ithaca, New York-based battery-technology startup, raised $2 million from investors including an Exelon Corp.-backed company focused on innovations in energy storageThe Series A funding is part of an $8 million commitment from Volta Energy Technologies and another backer, according to Conamix Chief Executive Officer Charles Hamilton. The company is developing cobalt-free...Read More
The United States has twice as many operating mines owned by publicly-traded companies than any other country, according to data from Mining Intelligence.As of this month there are 845 operating mines in the U.S., giving it 20% of the world's total.Russia is second with 408. Canada ranked eighth with just 167 operating mines.Mines considered in the survey had the following criteria:Mines are owned...Read More
Agnico Eagle's LaRonde mine is the first to utilize AutoMine (R) with LTE communication network underground on a production scale. This will not only increase productivity and improve safety but also mark a breakthrough in technology.Sandvik was the first mining supplier in the world to introduce mine automation systems for underground hard rock mining and this time marks no exception. Sandvik wil...Read More
Johannesburg, 20 June 2018: Further to the announcement released on Thursday 14 June 2018 advising of the tragic loss of five employees who passed away after entering an area at its Kloof Ikamva mine that is not currently mined, on Monday 11 June 2018, Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) wishes to provide an update on safety at its operations.Sibanye-Stillwater has recently exper...Read More