Mr. Wonderful, Kevin O'Leary, and Frank Holmes recently took different side the gold (bullion) vs. gold stocks. Gold and gold stocks are two different asset classes and saying which one is better. One is a commodity (Gold) and the other is equity (Gold Stocks). It's like comparing multiple championships winning athletes, Sydney Crosby (NHL), Lebron James (NBA), and Tom Brady (Football) and saying...Read More
Cameco Corp. (TSX:CCO)(NYSE:CCJ) and Nutrien Ltd. (TSX:NTR)(NYSE:NTR) are both based in Saskatchewan, but that's pretty much where the similarity ends from the perspective of investors.Let's take a look at the two mining firms to see if on deserves to be in your portfolio today.CamecoIn early 2011, uranium traded for US$70 per pound, and Cameco was a $40 stock. Then the tsunami hit the coast of Ja...Read More
3D illustration depicting the envisaged underground mining operation at Paramount Gold's Grassy Mountain Gold Project 22 miles southwest of Vale, Oregon. Source: Paramount Gold Nevada Corp.Paramount Gold Nevada Corp. [PZG-NYSE American] will focus on securing vital permits for its 100%-owned Grassy Mountain Gold Project in Oregon after releasing the results of a pre-feasibility study on May 24, 20...Read More
South32 chief executive officer Graham Kerr has given his most frank assessment yet of the reasons behind the BHP spin-off's planned exit from its 27.5 million tonnes per annum South African domestic and export energy coal business.Barry FitzGerald*South32 CEO Graham Kerr25 MAY 201825/05/2018commentsshare His frankness in a presentation to Merrill Lynch's mega metals and mining conference in Miami...Read More
The long nuclear energy winter since Fukushima early this decade has claimed another uranium mine, with Paladin Energy reporting the 75%-owned Langer Heinrich operation in Namibia is being put on care and maintenance.Michael QuinnLanger Heinrich that latest uranium mine to fall victim to low yellowcake prices 25 MAY 201825/05/2018commentsshare The major operation will be progressively shut and cle...Read More
Northern Dynasty and First Quantum terminate Alaska framework dealNorthern Dynasty Minerals Ltd.'s [NDM-TSX; NAK-NYSE] shares sank on Friday May 25 after the company said a framework deal that could have given First Quantum Minerals Ltd. [FM-TSX] the right to earn a 50% interest in its flagship Pebble copper-gold project in Alaska has been terminated.Investors reacted to the news by sending Nor...Read More
The Orefinders Resources McGarry Mine Project in the Abitibi Gold Belt, northeastern Ontario. Source: Orefinders Resources Inc.Orefinders Resources Inc. [ORX-TSXV; OTC-ORFD] on Friday May 25 said its shareholders have approved a plan that will see the spin-out of its Ontario silver-cobalt assets into a new company, Power Ore Inc.Orefinders shares advanced on the news, rising 5% or $0.005 to 10.5 c...Read More
Oil prices are climbing back to alarming levels. And consumers are just now really starting to feel it at the pump.How much was gas the last time you fueled up?AAA reports the national average for gasoline right now is $2.95 per gallon. But that's just the average. In some places, premium is already over $5 a gallon. And as we begin the summer driving season this weekend, it's likely gas prices ar...Read More
Vancouver, British Columbia - May 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear"),today announced results from the first 5 drill holes of its Phase 2 drill program at its Dixie project in the Red Lake district of Ontario. A total of 15 holes were drilled along 2.3 kilometres strike length of a prospective geological contact, t...Read More
Thunder Bay, Ontario - May 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce the receipt of positive exploration results from a diamond drill program completed by its partner, Rio Tinto Canada Exploration Inc. ("Rio Tinto") on the Company's Bark Lake Cu-Ni-PGE ("copper-nickel-platinum group element") project....Read More
Fun with Positioning and SentimentLast week we discussed the gold sector "conundrum" - the odd fact that there is apparently quite strong demand for gold despite a macroeconomic environment that would normally be considered quite bearish for the metal. Gold recently seems to have lost its last remaining inter-market "ally" if you will, as the dollar has begun to enter an uptrend as well. Positioni...Read More
Toronto, Ontario - May 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) ("Aurania" or the "Company") is pleased to announce that its common shares are now trading on the OTCQB Venture Market ("OTCQB"), a U.S. trading platform that is operated by OTC Markets Group in New York. The Company will trade on OTCQB under the symbol "AUIAF "; the Comp...Read More
May 25, 2018 (Investorideas.com Newswire) Proven and Probable's Maurice Jackson interviews DNI Metals Executive Chairman Dan Weir, who discusses his company's plans for its projects in Madagascar.Maurice Jackson: Our feature issuer is establishing itself to become one of the world's leading in graphite producers, DNI Metals. Joining us for our conversation is Dan Weir, the executive chairman of DN...Read More
May 25, 2018 (Investorideas.com Newswire) A Canadian precious metals mining company recently announced its newest acquisition, as well as 2018 drilling plans for its other major projects.Golden Ridge Resources Ltd. (GLDN:TSX.V), a precious metals explorer located in Canada,has announced its newest acquisition of a gold project in British Columbia. Before diving into that, let's take a quick recap...Read More
For a long time, the Arctic was just a frozen hellscape, home only to penguins, seals, polar bears, and the most adventurous scientists and explorers.But that's no longer the case.The world is getting warmer and the ongoing transformation is apparent.The Greenland ice sheet is shrinking. There's been a rapid decline in floating sea ice. Permafrost is thawing. And plants and shrubs are taking over...Read More
A fireside chat with Pan American Silver chairman Ross Beaty at the Canadian Mining Symposium in London on April 25, 2018.Moderator: Gianni Kovacevic, ?EUR?Executive Chairman and Chief Executive Officer, Copperbank.Read More
A fireside chat with Franco Nevada chairman Pierre Lassonde at the Canadian Mining Symposium in London on April 24, 2018.Moderator: Anthony Vaccaro, Group Publisher, The Northern Miner Group.Read More
Gold Resource Corporation (NYSE American:GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for May 2018 payable on June 25, 2018 to shareholders of record as of June 11, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. Read full newsRead More
Pancontinental Gold Corporation (TSXV:PUC) (Read full newsRead More
CloseGain/LossGold $1304.40+$10.80Silver$16.66+$0.21XAU84.38 +1.48%HUI 182.28+1.33%GDM 629.88+1.16%JSE Gold993.02+20.37USD93.77-0.19Euro117.23+0.25Yen91.66+0.68Oil$70.71-$1.1310-Year2.972%-0.021T-Bond142.875+0.65625Dow24811.76 -0.30%Nasdaq 7424.43-0.02%S&P 2727.76-0.20% The Metals: Gold gained $13 to $1306.60 by midmorning In New York before it drifted back lower at times, but it still...Read More