June 1, 2018 (Investorideas.com Newswire) A Vancouver-based miner diversifies by adding a Brazilian portfolio to its Mexican project.Leagold Mining Corp. (LMC:TSX.V; LMCNF:OTCQX) announced on May 24 that it has closed its acquisition of Brio Gold. This is a major milestone in the company's goal to become a mid-tier gold producer with a focus on Latin America.The Brio acquisition brings three opera...Read More
Ask the average person about her smartphone, and the odds are better than even that she'll be able to recite the make, model, and salient features such as battery life and camera quality. She may even be in a position to rank the phone relative to other handsets and to make a recommendation as to whether it offers good value for money.Make a similar inquiry about that person's savings account, on...Read More
Friends and EnemiesDo citizens of the United States trust their government will do what's right? It depends who you ask. By and large, the esteem the American populace holds its government in is likely a small fraction of what it was roughly 65 years ago. That was when Lieutenant General William Kelly Harrison Jr. signed the Korean Armistice Agreement. Certainly, in days gone by representati...Read More
June 1, 2018 (Investorideas.com Newswire) Precious metals expert Michael Ballanger dissects his volatility trades.One week ago today, I made the following commentary:In the Monday overnight session, the words "panic," "contagion," and "implosion" were being bandied about while the S&P futures were off sharply when I arrived at the gym yesterday at 7:00 a.m. Sure enough, gold and silver did not res...Read More
The Details PlottedIn the last issue of Seasonal Insights I showed you the statistics associated with the popular truism "sell in May and go away" in the countries with the eleven largest stock markets. The comparison divided the calendar year into a summer half-year from May to October and a winter half-year from November to April. In all eleven countries, the winter half-year outperformed the su...Read More
The news BGC Contracting will cut jobs in its home-town of Perth, Western Australia, in the wake of the early closure of its Koolyanobbing mining contract in the state has been overshadowed by the decision by construction tycoon Len Buckeridge's heirs to sell the A$2.5 billion BGC business empire he founded more than 50 years ago.Karma BarndonThe Koolyanobbing iron ore mine in Western Australia01...Read More
Just four years ago, the U.S. Navy released the 2014 U.S. Navy Arctic Roadmap - a policy position that was supposed to outline American objectives in the region through 2030.But four years later, Navy Secretary Richard Spencer and Chief of Naval Operations Adm. John Richardson sat in front of a Congressional panel explaining why U.S. Arctic policy needed to be overhauled... completely.What trigger...Read More
A special territory panel discussion, "NWT Mining: The Key to Unlocking Our Potential", recorded live at the Canadian Mining Symposium in London on April 25, 2018.Opening Remarks: Wally Schumann, Minister of Industry, Tourism and Investment and Minister of Infrastructure, Government of Northwest Territories.Moderator: John Cumming, Editor-in-chief, The Northern Miner.Panelists: Michael J. Byron, p...Read More
Everybody should have gold in their portfolio, says Chris Mancini of Gabelli Asset Management in this interview. And now is the time to invest.Read full newsRead More
"We can ignore reality, but we cannot ignore the consequences of ignoring reality..."Source: Thequotepedia.comGuest Post by Gary Christenson of Deviant InvestorThe western world has ignored economic realities for decades.It's not a Republican or Democratic problem. Banking, power, fiat currencies, dishonest money and transfers of wealth are the issues.The consequences of ignoring reality are...Read More
Brent Cook of Exploration Insights says while institutional and retail funds are scarceRead full newsRead More
Bitcoin's (BTC) price has increased by around 6.5% since its dip to US$7,040 earlier today, stabilising in the US$7,500 region at press time. Unsurprisingly, as the bitcoin price spiked, the entire cryptocurrency market followed the dominant cryptocurrency's upward price trend, leading both major ...Read full newsRead More
Benj Gallander of Contra the Heard Investment Letter says there's danger investing in new sectors like cannabis and cryptocurrencies, where scammers are taking advantage of speculators.Read full newsRead More
Momentum Public Relations Press Release: May 31 2018 St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce the signing of an arrangement agreement providing for the spin-out of its subsidiary ZeU Crypto Networks Inc. with the intent of listing ZeU on the Canadian Securities Exchange. Under the terms of the ArrangementRead full newsRead More
TORONTO, May 31, 2018 /CNW/ - RNC Minerals (TSX: RNX) ("RNC") announced today that it has entered into a US$13 million bridge financing facility (the "Facility") with Auramet International LLC ("Auramet") due May 15, 2019. The Facility will eliminate the majority of debt repayment commitments during 2018.Mark Selby, President and CEO of RNC Minerals, said, "The Facility is a critical step in repos...Read More
LONDON, May 31 (Reuters) - Petropavlovsk has said it will remove the board member representing the Russian gold miner's biggest shareholder Kenges Rakishev, ratcheting up tensions between rival investor groups over management of the company.In a notice for its annual meeting on June 29, London-listed Petropavlovsk proposed removing Rakishev's nominated director Bektas Mukazhanov."Upon delivery of...Read More
JAKARTA, May 31 (Reuters) - Indonesian coal miner Adaro Energy said Australian authorities have approved its plan to acquire Rio Tinto's stake in the Kestrel coking coal mine in the Australian state of Queensland, and the company expects to finalise financing for the deal on July 1.Under the planned $2.25 billion transaction, Adaro will take a 48 percent stake of Rio's current 80 percent interest...Read More
Saudi Arabia and Russia just destroyed the oil price rally, potentially putting an end to all the speculation about what the group might do next. But higher production doesn't necessarily mean higher oil prices are entirely out of the question, and in fact, the oil market is still faced with a ton of uncertainty.Higher oil production from the OPEC/non-OPEC group would seem to close off the higher-...Read More
LIMA, May 30 (Reuters) - Peruvian precious metals miner Buenaventura said Southern Copper Corp is evaluating its proposal to jointly develop Southern's $2 billion copper project Michiquillay, Buenaventura's chief executive told Reuters on Wednesday."They were receptive ... but it's up to them to evaluate the preliminary proposal," Victor Gobitz said in an interview at the International Gold & Silv...Read More
(Bloomberg) - Tharisa Plc, the platinum and chrome miner run by the Pouroulis family, is considering investing in a $4.2 billion platinum project in Zimbabwe being developed by another company founded by the family.Tharisa would join Karo Resources, founded by mining entrepreneur Loucas Pouroulis, in building the mine, located on the Great Dyke, a 550-kilometer (342 miles) range of hills rich in...Read More