Mr. John Burzynski reportsOSISKO INTERSECTS 115 G/T AU OVER 8.4 METRES AT LYNXOsisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and around...Read More
Newmont Mining (NYSE:NEM) logged Thursday a higher-than-expected quarterly profit on the back of higher gold prices during the first three months of the year, as investors have returned to safe haven assets due to ongoing geopolitical risks.The US miner, the only gold company that forms part of the S&P500 index, earned a quarterly profit of $192 million, or 36 cents a diluted share, compared wit...Read More
Moroccan King Mohammed VI will sign a series of investment agreements in a visit to Congo Republic this weekend, Environment & Tourism Minister Arlette Soudan-Nonault said.Mohammed will travel to the Central African nation for an April 28 summit of leaders to discuss the Congo Basin Blue Fund, Soudan-Nonault said by mobile-phone text message on Thursday from the capital, Brazzaville. The monarch w...Read More
TORONTO ,April 24, 2018/CNW/ - RNC Minerals (RNX.TO) (Read full newsRead More
Canada's Centerra Gold said on Tuesday it had received an unsolicited bid for its Kumtor gold mine in Kyrgyzstan from Chaarat Gold Holdings (CGH) but that it had informed the London-listed company that it was not interested in the offer.Read full newsRead More
Africa-focused Gem Diamonds' (LON:GEMD) revenue nearly tripled in the first quarter of the year thanks to strong demand for its high-quality white rough rocks and the sale of a 910-carat diamond, the fifth-largest in history.Delivering results for the quarter ended on March 31, the company said the $40 million fetched by the giant D-Colour Type IIa diamond found at its flagship Let??eng mine i...Read More
Beijing has come a long way since its experimental days with HMAS Melbourne in the late 1980s...Read full newsRead More
While Israel wantsRead full newsRead More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for June delivery gained 35 cents to $68.05 on the New York Merc, while Brent for June gained 14 cents to $74.00 (all figures in this para U.S.). Western Canadian Select traded at a discount of $18.85 to...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a discouraging 52-99-143. The TSX Venture Exchange fell five points to 783 while polished diamond prices were flat. Ken MacNeill and George Read's Star Diamond Corp. (DIAM) lost one...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $7.20 to $1,322.60 on Wednesday. The TSX Venture Exchange fell 5.45 points to 783.79 while the TSX Gold Index lost 1.11 points to 191.12. Detour Gold Corp. (DGC) led Canadian gold miners lower, dropping 37 cents...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter The TSX Venture Exchange lost 5.45 points to 783.79 Wednesday. Emprise Capital Corp. has listed two capital pool shells: ECC Ventures 1 Corp. (EONE: $0.15) and ECC Ventures 2 Corp. (ETWO: $0.15). Each shell sold a $200,000 initial pub...Read More
Colombia's State Council revoked a provincial judgment that allowed for a mining referendum in the municipality of Une, located in the central Cundinamarca state. According to W Radio, the council endorsed a plea introduced by mining workers against a ruling by the Cundinamarca Administrative Court, which declared constitutional the question that was going to be asked to Une residents regarding wh...Read More
Despite growing Middle East tensions and the threat of a trade war, the outlook for many commodities, including base metals such as copper, zinc, and nickel, remains positive. This can be attributed to the global economic upswing and supply constraints because of a lack of investment in exploration in mine development during the protracted slump in metals.According to a recent report from Bank of...Read More
You are probably familiar with the concept of asset allocation, which is to divide your investments between stocks and bonds in a certain proportion to generate a particular return and risk.While asset allocation is important, asset location is also very important if you own both registered and non-registered accounts. Asset location is how you distribute your investments between your registered a...Read More
JD Powers and LMC Automotive are projecting auto sales to drop 8% in April from a year-ago April:For much of the past two years, the discounts offered by automakers have remained at levels that industry analysts say are unsustainable and unhealthy in the long term...Sales are expected to drop further in 2018 as interest rates rise and more late-model used cars return to dealer lots to compete with...Read More
Gold thoughts and points NAPOLEON BONAPARTE... Napoleon Bonaparte once advised to "never interfere with an enemy when he is making a mistake." Some gold companies' shareholders may now be making serious mistakes by selling shares in stocks that they have lost patience with; ye...Read More
Aston Bay Holdings (BAY.V) has been active to fill up its treasury in anticipation of the 2018 exploration season. The company raised a total of C$4.47M (C$0.47M more than announced) in a placement which took approximately 3.5 months to close. The placement was announced in December of last year, and the final tranche enjoyed a lot of shareholder interest given the recent strong performance of the...Read More
The tailings dam wall slump at Cadia and underperformance at Telfer have led ASX-listed gold major Newcrest Mining to cut its full-year production guidance.Kristie Batten*Newcrest's Telfer operation26 APRIL 201826/04/2018commentsshareMarch quarter gold production fell by 6% to 576,000 ounces, while copper output was down by 15.5% to 19,000 tonnes.Year-to-date production was 1.71 million ounces...Read More
Centerra Gold's Kumtor gold mine in the Kyrgyz Republic. Source: Centerra Gold Inc.Centerra Gold Inc. [CG-TSX] said Thursday April 26 that in response to market speculation, it has released a statement regarding an unsolicited offer from Chaarat Gold Holdings Ltd., which recently offered to acquire Centerra's Kumtor gold mine in the Kyrgyz Republic.Chaarat [CGH-AIM] is an exploration and developme...Read More