Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
On Tuesday copper for delivery in May advanced to a two-week high on the Comex market in New York at $3.065 per pound or $6,755 a tonne after positive manufacturing data from China, the globe's number one metals consumer.Copper is still down 8% so far in 2018 and the bellwether metal's dimmer prospects is nowhere more evident than on derivatives markets and the shift in positioning of large-scal...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 Tuesday was a horrid 44-108-138. The TSX Venture Exchange fell 14 points to 769 while polished diamond prices were flat. Guy Bourassa's Nemaska Lithium Inc. (NMX) dropped 13 cents to $1.12 on 4.8...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 $8.60 to $1,332.00 on Tuesday. The TSX Venture Exchange dropped 14.33 points to 769.30 while the TSX Gold Index fell 4.34 points to 185.20. Most Canadian gold miners lost ground today. Premier Gold Mines Ltd. (P...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 West Texas Intermediate crude for May delivery gained 50 cents to $63.51 on the New York Merc, while Brent for June gained 48 cents to $68.12 (all figures in this para U.S.). There is no open interest on Western Canadian Select future...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 14.33 points to 769.30 Tuesday. Jonathan Younie's Baetis Ventures Ltd. (BATS) plans to acquire RE Royalties Ltd. as its qualifying transaction. RE was founded by Bernard Tan and Marchand Snyman, both of Hu...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 CaswellScotia Capital Inc. is facing a wrongful dismissal lawsuit in the Supreme Court of British Columbia from Duncan Todd Ferguson, its former managing director for Western Canada. According to the suit, Scotia Capital fired Mr. Ferguson from his $1-millio...Read More
Perseus Mining (ASX,TSX:PRU) announced that that the ramp-up of operations at its Sissingu?(C) gold mine in northern Cote d'Ivoire has been completed ahead of schedule and the mine has now entered commercial production.Sissingu?(C) is located southeast of the 7Moz Morila gold mine and northwest of the 4.3Moz Tongon deposit. It is estimated to produce 358,000 ounces over the 5-year life of mine, in...Read More
Silver Bear Resources (TSX:SBR) announced that construction of its Mangazeisky project in Russia is almost done and that plans to go forward with a first silver production early in the second quarter of 2018 are on track. Mangazeisky is located 400 km north of Yakutsk, in the eastern Republic of Sakha, and covers an area of approximately 570 square kilometres. The property includes the high-grade...Read More
Lupaka Gold Inc. (TSX-V: LPK) has been completing the necessary steps to achieve commercial production at its wholly-owned Invicta Gold project in Peru, located 120 km north of Lima by road. Recently, I had the opportunity to re-visit the mine site to see how work is progressing towards production.It is at this point in the life span of a mining company where institutional investors typically in...Read More
Contrarian investors are constantly searching for unloved stocks that could be on the verge of a recovery.Let's take a look at Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) and Cameco Corp. (TSX:CCO)(NYSE:CCJ) to see if one is attractive right now.BarrickA massive debt load and falling gold prices nearly killed Barrick a few years ago, but the company managed to pull off an impressive turnaround, and the...Read More
As the TSX continues to struggle this year, investors are left looking for safe options to invest in. However, many industries have been hit hard and have seen significant sell-offs happen in just the first three months of the year.There are many factors that could be blamed for the turmoil, and that makes it all the more difficult to predict when we might see the markets stabilize. We saw the TSX...Read More
I've been writing about the rising consumer debt delinquency and default rates for a few months. The "officially tabulated" mainstream b.s. reports are not picking up the numbers, but the large credit card issuers (like Capital One) and auto debt issuers (like Santander Consumer USA) have been showing a dramatic rise in troubled credit card and auto debt loans for several quarters, especially in...Read More
Last month, Medallion Resources (MDL.V) announced it successfully completed additional test work aiming at producing a cerium-depleted REE concentrate. This is a major step forward for the company as the low-value cerium was dragging down the total value per kilogram of REE concentrate.Now the new test results and flow sheet have indicated it is indeed possible to substantially reduce the cerium c...Read More
Wallbridge Mining Company Limited (TSX:WM), a resource junior, glistered after announcing agreements to deliver 10,870 ounces of goldSean Mason | April 4, 2018 | SmallCapPowerA multi-million-dollar gold delivery agreement propelled shares of a resource junior Wednesday. Here's some small stocks making big moves on Wednesday, April 4, 2018 (as of 4 pm EST):Wallbridge Mining Company Limited (TSX:...Read More
Drill-testing for gold in Ghana, West Africa. Source: Cardinal Resources Ltd.Cardinal Resources Ltd. [CDV-TSX, ASX; CRDNF-OTC] on Wednesday April 4 released an update in relation to Stage 1 appraisal programs over four exploration licenses in Ghana, West Africa.The first three exploration licenses are titled Bongo, Kungongo, and Ndongo. All three are located within the company's Bolgatanga Project...Read More
Up Cannabis Inc., a wholly-owned subsidiary of Newstrike Resources Ltd. (TSXV:HIP), has obtained a producer's license to cultivate in its 160,000 sq. ft. greenhouse facility in NiagaraSmallCapPower | April 4, 2018: Newstrike Resources Ltd. (TSXV:HIP) Monday announced that its wholly-owned subsidiary and licensed producer of cannabis, Up Cannabis Inc., has obtained a producer's license to cultivate...Read More
Location map of the New Age Metals River Valley PGM Project near Sudbury, Ontario. Source: New Age Metals Inc.New Age Metals Inc. [NAM-TSXV; PAWEF-OTCQB] has signed a binding letter of intent with Avalon Development Corp., a company that is expected to provide acquisition and geological services to New Age Metals in Alaska.The services to be provided are as follows:Provide New Age with its extensi...Read More
Shares in Eldorado Gold Corp. rose by as much as 14 per cent on Wednesday after it announced that an arbitration panel had ruled in its favour in its dispute with the Greek government over its Madem Lakkos metallurgical plant.The panel rejected allegations that a technical study was deficient and was in violation of a transfer contract and the environmental terms of the project, the Canadian min...Read More
The Canadian healthcare stocks on our list have surged 177% on average over the past three months while the TSX has slumpedSmallCapPower | April 4, 2018: The Canadian healthcare sector is struggling, with the S&P/TSX Capped Healthcare Index declining 14% over the past three months while the Dow Jones Healthcare Index decreased 4%. In contrast, the TSX is down 8% while the Dow Jones has eased 5...Read More