Gold Mining Stock Outlook - June 2018Read full newsRead More
India is seeking rights to mine for gold and diamonds in Russia's resource-rich Far East, Trade Minister Suresh Prabhu told Reuters on Tuesday.Read full newsRead More
Families face pressure to decide the fate of their relatives' grave, dividing the community of Azacualpa where as many as 350 bodies have already been exhumedRead full newsRead More
Vancouver, BC - Peekaboo Beans Inc (TSX-V:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to report $752,000 in revenue in Q2 2018, a 14% increase over the same period in 2017.Key Highlights:Raised $2.2 million in gross funding through equity financingImproved gross margin to 35.7% up from 23.7% in the same period last yearContinued on U.S. expansion growth in Q2, 9% of Q2...Read More
South Africa's Gold Fields is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer's chief executive told Reuters late on Tuesday.Gold Fields' finances might be "a little bit negative" this year before likely improving in 2019, when the company should begin to reap the rewards from two years of heavy invest...Read More
Families face pressure to decide the fate of their relatives' grave, dividing the community of Azacualpa where as many as 350 bodies have already been exhumedRead full newsRead More
Polyus, Russia's largest gold producer, on Wednesday reported first-quarter net profit down 51 percent at $244 million, hit by reduced foreign exchange gains and other non-cash items.The company controlled by Said Kerimov, son of Russian tycoon Suleiman Kerimov, has not been targeted by the U.S. sanctions against Moscow. Washington included Suleiman Kerimov and some other Russian businessmen on...Read More
Mountain Province Diamonds (TSX, NASDAQ: MPVD) said Wednesday it had found a 95-carat gem diamond at its Gahcho Ku?(C) mine located in Canada's Northwest Territories.It's the largest gem quality diamond and the fourth biggest recovered from Gahcho Ku?(C) since production began just under two years ago.The white octahedron of "top clarity" is the largest gem quality diamond and fourth largest ston...Read More
Last week index score: 52.74This week: 30.90The Oreninc Index fell in the week ending May 25th, 2018 to 30.90 from 52.74 a week ago despite gold recovering from the prior weeks' fall below US$1,300/oz.Gold recovered from a brief sojourn below the US$1,300/oz level as risk returned with US president Donald Trump calling off a landmark summit with North Korean leader Kim Jong Un. The yield on...Read More
Despite the insistence of some, precious metals have not been in a bull market. After a big pop at the start of 2016, the sector has trended lower. Sure, Gold has traded up towards a major breakout but Silver and the gold stocks have trended lower. When the US Dollar corrected significantly, the stock market outperformed precious metals. Does that sound like a Gold bull market to you? The moribund...Read More
Canadian investors are searching for ways to set some cash aside to fund a comfortable retirement. One popular strategy involves owning quality Canadian stocks inside a self-directed RRSP portfolio.Let's take a look at two companies that might be of interest today.Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ)CNRL isn't always the first name that comes up when investors start discussing energ...Read More
Contrarian investors are constantly searching for beaten-up stocks that could be on the verge of a recovery.Let's take a look at Cameco Corp. (TSX:CCO)(NYSE:CCJ) to see if it deserves to be on your buy list right now.Japan disasterIn early 2011, Cameco traded for $40 per share and uranium prices hovered near US$70 per pound. Then the tsunami hit the coast of Japan, and everything changed.The count...Read More
Sherritt's 50%-owned nickel and cobalt open pit mine at Moa Bay in eastern Cuba. Source: Sherritt International Inc.Sherritt International Inc. [S-TSX] on Wednesday May 30 released an update on its recent progress against the company's strategic priorities for 2018. The priorities include strengthening the balance sheet, optimizing opportunities in the Cuban energy business and upholding global le...Read More
Early FI is different for everyone… There’s no denying that… What works for one individual won’t necessarily appeal to the next person… I think that’s all fine and dandy, and just the way life works… Having said that, I think the most important thing any of us can do on a regular basis is to keep an open mind as we try and navigate through the Game of Life...Read More
Russian iron ore and steel producer MMK says Big Data "strategic projects" and connected operational improvements due to be completed over the next 18 months could deliver cost savings of more than US$6 million a year.Staff reporter MMK steelworks30 MAY 201830/05/2018commentsshareThe group says modelling and optimisation of production processes as part of its Big Data strategic initiative was on t...Read More
The high-quality 95.21-carat diamond from The Mountain Province/DeBeers Gahcho Kue diamond mine in the Northwest Territories. Source: Mountain Province Diamonds Inc.Mountain Province Diamonds Inc. [MPVD-TSX, NYSE] on Wednesday May 30 announced the recovery of a high-quality 95-carat diamond from its Gahcho Kue diamond mine in the Canadian Northwest Territories.Mountain Province shares advanced on...Read More
Rattle off a list of the greatest oil magnates of the 19th and 20th centuries for me.Go ahead and take your time. I'll wait.I'm sure most lists include notable names like Rockefeller, Getty, and H.L. Hunt. Perhaps a few of you would've added legends like Edwin Drake, who drilled the very first commercial oil well in the United States in Titusville, Pennsylvania, back in 1859.Nearly everyone would'...Read More
May 30, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund discusses the probability of copper breaking out to the upside.Copper is at an interesting juncture. On its latest 8-month chart we can see that within the next few weeks it will be forced to break out of a Symmetrical Triangle pattern that is now rapidly closing up. Although it could break in either direction, the rather posi...Read More
May 30, 2018 (Investorideas.com Newswire) An Echelon Wealth Partners report reviewed the results of the initial study on one of this company's 100%-owned, high-grade gold properties in Quebec.In a May 24 research note, analyst Ryan Walker with Echelon Wealth Partners reported that Eastmain Resources Inc. (ER:TSX) announced "positive summary results" of the preliminary economic assessment (PEA) of...Read More
Via Sovereignman.comOn April 2, 1792, George Washington signed into law what's commonly referred to as the Mint and Coinage Act.It was one of the first major pieces of legislation in the young country's history... and it was an important one, because it formally created the United States dollar.Under the Act, the US dollar was defined as a particular amount of copper, silver, or gold. It wasn't ju...Read More