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 rose $2.30 to $1,335.70 on Monday. The TSX Venture Exchange fell 3.69 points to 766.46 while the TSX Gold Index lost 1.84 points to 184.11. Most Canadian gold miners moved little today, although Guyana Goldfields Inc...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 ReporterWest Texas Intermediate crude for May delivery gained $1.36 to $63.42 on the New York Merc, while Brent for June gained $1.54 to $68.65 (all figures in this para U.S.). Western Canadian Select traded at a discount of $16.80 to WTI ($46...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 lost 3.69 points to 765.46 Monday. Scott Ackerman's North Bluff Capital Corp. (NBK) has a filing statement for its QT with Mark O'Dea and Donald McInnes's Sun Metals Corp. This means that North Bluff is one ste...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 Mike CaswellProsecutors in North Carolina have asked for a 12-year jail term for Michael Kipp, the architect of an accounting fraud that led to the demise of Swisher Hygiene Inc., a onetime Toronto Stock Exchange listing. They say that his actions caused at least...Read More
Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) issued a press release today stating that its mining operations in Russia continue to function according to plan and remain unaffected by the new sanctions announced by the United States on April 6, 2018.Last Friday, the U.S. Treasury Department imposed sanctions on seven Russian oligarchs including metal magnate Oleg Deripaska, as well as 12 companie...Read More
Colombia-focused Gran Colombia Gold (TSX:GCM) announced today that gold production for the first quarter of 2018 reached 52,672 ounces, a growth of 35 per cent when compared to the same quarter of 2017."This brings the Company's trailing 12-months' total gold production to 187,485 ounces, up 8% from 2017's annual production of 173,821 ounces and within the Company's production guidance for 2018 of...Read More
Chris Verbiski & Al Chislett (Wiki Source)This excerpt is from the 2007 PDAC 75th anniversary publication.Originally looking for diamonds in 1993, Albert Chislett and Chris Verbiski instead discovered one of the world's major nickel sulphide deposits near Nain, Labrador. The Voisey's Bay deposit was eventually bought and developed by Inco Limited. Most experts agree that the deposit will be a...Read More
Last week index score: 45.10 (updated)This week: 33.86NuLegacy Gold (TSX-V: NUG) appointed John Budreski to its board.The Oreninc Index fell in the week ending April 6th, 2018 to 33.86 from an updated 45.10 a week ago as the lack of brokered action outweighed the increase in dollars announced.Market volatility continues with the stock markets and metals commodities alternately getting dinged and r...Read More
On April 9, U.S. president Donald Trump said that the U.S., Canada, and Mexico were "fairly close on NAFTA" and added that all three "have a chance to make a deal." Mexican economy secretary Ildefonso Guajardo said there was an "80%" chance a deal in principle could be reached by early May. But Laura Dawson, director of the Canada Institute at Washington's Wilson Center think tank, said last week...Read More
The TSX Composite was virtually unchanged last month in March - down 60 basis points, or 0.6%.But just because the broader averages aren't very active, it certainly doesn't mean there aren't pockets of the market offering you the potential for outsized returns.These five stocks have rewarded investors handsomely over the past month.The energy sector has been one of the stronger performing sectors...Read More
Over the past year, the stock price of Cameco Corp. (TSX:CCO)(NYSE:CCJ) has declined by over 15%. This has sparked a debate on both sides of the fence as to whether Cameco is still a worthwhile investment option.Irrespective of where you fall on the uranium debate, a common consensus is that the root of Cameco's problems stems from the depressed price of uranium. In the weeks and months following...Read More
While junior gold miners can be high-risk investments, they also offer the opportunity for investors to earn outsized returns. The secret to investing in junior miners is to identify those with quality assets and astute, experienced management teams that are capable developing mines and bringing them to production. One such company that offers investors considerable potential upside is Canadian ju...Read More
The U.K. refuses to release for independent examination any of the evidence that would link the Skirpal poisoning to Russia. As such, we can only assume that Russia was meant to be the scapegoat. Same deal with the chemical attack in Syria. There's a complete lack of evidence that would connect the incident to any specific perpetrator. But the U.S. seems satisfied that a case built on no...Read More
As mentioned before, we were (and still are) expecting a steady news flow from Bonterra Resources (BTR.V) as it's advancing its 70,000 meter drill program at the Gladiator gold deposit in Qu?(C)bec. The past few holes didn't contain anything unusual as they confirmed the continuity and consistency of the gold veins, but in hole 9, Bonterra appears to have discovered a sixth parallel gold zone as i...Read More
The Kerr Mines Copperstone Mine in western Arizona. Source: Kerr Mines Inc.Kerr Mines Inc. [KER-TSX, KERMF-OTC, 7AZ1-FRA] on Tuesday April 10 announced the results of an independent Pre-Feasibility Study and resource update for its past-producing Copperstone Mine in Arizona. The resource update is in compliance with NI 43-101 standards of disclosure."On the momentum of a very successful 2017 Phase...Read More
Roxgold Inc. (TSX:ROXG), a junior gold miner, glistered after announcing record first-quarter 2018 production from its Yaramoko Gold mineSean Mason | April 10, 2018 | SmallCapPowerShares of a junior gold miner gained ground Tuesday following record Q1 production. Here's some small stocks making big moves on Tuesday, April 10, 2018 (as of 4 pm EST):Roxgold Inc. (TSX:ROXG) shares rose 4% to $1.07...Read More
Drilling the Eastside Propject in Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin out company comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX] has emerged on the buy list at Beacon Securities Ltd., which has set a 12 month-target of around 90 cents for the stock.Allegiant shares rose 1.20% or $0.005 to 42 cents on Tuesd...Read More
The Canadian nickel stocks on our list have averaged 16% YTD returnsSmallCapPower | April 10, 2018: Battery metals have seen a correction after their rally earlier this year, with almost none of the lithium and cobalt companies we track seeing positive YTD returns. Lithium prices are currently US$126,000/t, down 20% YTD, and although cobalt prices are currently up, US$41.50/lb and up 20% YTD, many...Read More
Prophecy team and its partners on top of Gibellini March 2018While vanadium has been used to strengthen steel for decades, recently it has gained importance in the energy metals sector. The development of vanadium redox flow batteries is set to play a key role in storing electric power on a grid scale, thus solving the problem of storing power from intermittent sources such as wind turbines and so...Read More
Enbridge Inc.'s (TSX:ENB) stock price slide has made its dividend yield (currently at 6.7%) amongst the highest in its peer groupSmallCapPower | April 10, 2018: Enbridge Inc. (TSX:ENB) (NYSE:ENB) is one of North America's largest energy infrastructure providers, transporting 28% of the crude oil produced in North America and 23% of all natural gas consumed in the United States. Enbridge is Canada...Read More