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 24 cents to $68.64 on the New York Merc, while Brent for June gained 65 cents to $74.71 (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 Monday was a dismal 57-103-134. The TSX Venture Exchange fell seven points to 797 while rough diamond prices were flat this past week. Thomas Yingling's Berkwood Resources Ltd. (BKR), lost one-ha...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 $11.40 to $1,323.80 on Monday. The TSX Venture Exchange fell 7.55 points to 797.41 while the TSX Gold Index slipped 1.53 points to 190.26. Tahoe Resources Inc. (THO) led Canadian gold miners lower today, droppin...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 ReporterThe TSX Venture Exchange slipped 7.55 points to 797.41. Praveen Varshney's AAJ Capital 1 Corp. (AAJ) has an update on its qualifying transaction. The company's QT target, PharmaCielo Ltd., has arranged to sell $60-million worth of subs...Read More
The UK National Contact Point released a report today where it states that Kazakh mining giant Eurasian Resources Group flouted the rights of thousands of people living on its cobalt and copper concession in the Lualaba province of the Democratic Republic of Congo.According to the UK government body for the OECD Guidelines for Multinational Enterprises, the company was aware that water supplies fo...Read More
https://www.bloomberg.com/Hedge funds just made an abrupt about face in the palladium market as U.S. sanctions against Russian titans spark concerns that the world's largest producer of the metal will get caught in the cross hairs.After the U.S. slapped penalties on United Co. Rusal, American officials have sent conflicting signals about whether fresh sanctions will be imposed on other companies o...Read More
Last week index score: 44.24 (updated)This week: 21.62Prospero Silver (TSX-V: PSL) announced a non-brokered private placement to raise up to C$1.0 million through the issuance of up to 11.1 million units @ C$0.09. The Oreninc Mining Deal Club sent out its sixth financing alert to its subscribers. Sign up today to get the details and an opportunity to participate: www.miningdealclub.comThe Oreninc...Read More
Over the course of the past few months, a resurgence in precious metals, particularly in gold, is taking place. Investors, initially lured by the lucrative profits from cryptocurrencies, came running back to the arguably safer and more secure precious metals market as Bitcoin and other currencies fell.Chief among those gold stocks that investors have long turned to is Barrick Gold Corp. (TSX:ABX)(...Read More
In the summer of 2017, the spat between the United States and North Korea took centre stage and proved a boon for precious metals prices. Geopolitical events have been a key mover not just for precious metals, but also for oil in recent weeks. Gold breached the key $1,350 threshold in early September. Prices have once again been influenced by geopolitical events in the wake of heightening tensions...Read More
The stock market (per the Dow), after an initial spike up at the open, has sold off continuously today. The sell-off began to accelerate just before 2 p.m. EST on no specific news or event catalysts. So what the heck happened? To begin with, the stock market jumps at the open almost everyday no matter what type of news hits the tape overnight. It's clear that the Fed's "unspoken" policy is t...Read More
Claim map of Gold Standard's Railroad-Pinion Project in Nevada. Source: Gold Standard Ventures Corp.Gold Standard Ventures Corp. [GSV-TSX, NYSE American] has confirmed its ownership in certain properties situated in the southern portion of the company's Railroad-Pinion Project on Nevada's Carlin Trend.Gold Standard is hoping to prove that Railroad-Pinion can be the next successful mine on the Carl...Read More
HashChain Technology Inc. (TSXV:KASH), a cryptocurrency mining stock, jumped after agreeing to acquire a company with 1,000 new S9 Antminer RigsSean Mason | April 24, 2018 | SmallCapPowerMore rigs was good news for investors in a cryptocurrency mining stock Tuesday. Here's some small stocks making big moves on Tuesday, April 24, 2018 (as of 4 pm EST):HashChain Technology Inc. (TSXV:KASH), a cry...Read More
Drilling the Serene #1 discovery hole at NuLegacy Gold's Red Hill Project in Nevada. Source: NuLegacy Gold Corp.A New York investment firm is flashing buy signals in the direction of NuLegacy Gold Corp. [NUG-TSXV; NULGF-OTCQX], a Vancouver-based junior which is focused on the Red Hill gold project in Nevada.Scarsdale Equities LLC has set a target of 34 cents for Nu Legacy, which is trading Tuesday...Read More
Democratic Republic of Congo (DRC) state-owned mining company has initiated legal proceedings against Katanga Mining Limited (TSX:KAT) for dissolving its joint ventureSmallCapPower | April 24, 2018: Katanga Mining Limited (TSX:KAT) Sunday announced that Democratic Republic of Congo (DRC) state-owned mining company La G?(C)n?(C)rale des Carri??res et des Mines (G?(C)camines) has initiated legal pro...Read More
With the potential for more military conflicts throughout the world the defense stocks on our list could see even greater demand for their productsSmallCapPower | April 24, 2018: Although concerns about the possibility of U.S. interventions in North Korea and Syria have negatively impacted the market as a whole, Aerospace & Defense companies in the U.S. have increased 10% YTD, compared to the...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,477.00, down 75.06 points)Katanga Mining Limited. (TSX:KAT). Miner. Up 21 cents, or 23.08 per cent, to $1.12 on 12.4 million shares.Baytex Energy Corp. (TSX:BTE). Oil and gas. Down two cents, or 0.39 per cent, to $5.14 on 9.9 million shares.Neovasc Inc. (TSX:NVC). Medical devices. Unchan...Read More
Telson Mining (TSN.V), which still is in the process of acquiring the Campo Morado polymetallic mine from Brussels-listed Nyrstar (NYR.BR), has released its production results for the first quarter of this year, and unfortunately not a single one of its concentrates met the minimum requirement of the smelters. Let's have a look at the company's reported concentrate grades, and the grades the smelt...Read More
TORONTO - Barrick Gold Corp. no longer plans to sell assets to reduce its debt, marking a shift in strategy for the Toronto-based miner.Barrick chief financial officer Catherine Raw said the company has made significant progress and plans to instead use cash flow from operations and cash on hand to reduce its debt from US$6.4 billion to US$5 billion by the end of the year."Given how materially w...Read More
The wife and I spent the weekend visiting my stepdaughter at Virginia Tech in the small, picturesque town of Blacksburg, which is saddled up against the Blue Ridge Mountains.It is a college town. Every other person wears a Hokie shirt, hat, or scarf. The Kool-Aid has been consumed and was puked out orange and burgundy. What strikes you most besides the vim and vigor of youth is the growth on campu...Read More
Harte Gold Corp. (TSX: HRT, OTC: HRTFF, Frankfurt: H4O) is focused on the exploration and development of its 100% owned Sugar Zone Property, in Ontario, Canada, where it has recently completed a 70,000 tonne Advanced Exploration Bulk Sample and mined 30,000 tonnes, under its Phase I Commercial Production Permit. The Sugar Zone Property is located 80 kilometers east of the Hemlo Gold Camp. We learn...Read More