Bankers Cobalt Corp. (TSXV: BANC) recently released results on their first 12 drill holes, revealing some high-grade copper along with some cobalt. Peter Bell dives in deeper as to what this means as it could turn out to be very exciting news.Below is an excerpt and a link to the article.What a success story.It's sure been possible to make major progress quickly in DRC in recent years. The threa...Read More
Mr. Nav Dhaliwal reportsBONTERRA CONTINUES TO DEMONSTRATE CONTINUITY OF THE GLADIATOR GOLD DEPOSIT INTERSECTING 16.9 G/T GOLD OVER 6.5 MBonterra Resources Inc. has released initial results from the continuing winter drilling campaign at the Gladiator gold deposit, including an intersection of 16.9 grams per tonne gold over 6.5 metres. High-grade intersections from four recent drill holes continue...Read More
Mr. Michael Allen reportsNORTHERN EMPIRE DRILLS 70.07 M OF 1.79 G/T GOLD AT THE SECRET PASS DEPOSIT STERLING GOLD PROJECT, NYE COUNTY, NEVADANorthern Empire Resources Corp. has released drill results from the Secret Pass deposit, within the company's 100-per-cent-owned Sterling gold project located in Nye county, Nevada.Hole IDFromToLengthAu(m) (m) (m) (g/t)SP18-003C* 152.86222.93 70.071.79includi...Read More
Mid-tier Canadian miner B2Gold (TSX, NYSE: BTO) said Tuesday its Fekola mine won't be affected by a new mining code the country's government is planning to draft as the asset is governed by a finalized and enforceable mining convention valid for the lifespan of the mine.The Vancouver-based company, which poured first gold at Fekola late last year, said media reports claiming Mali will move to imp...Read More
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We recognize that we can’t predict the price of gold. Rather, we view gold mining companies the same way we look at any extractive industry:Read full newsRead More
Almost half of Canada's marijuana firms started out in the resource sector before many converted to pot via reverse takeovers and spinoffsRead full newsRead More
Plattsburgh, NY voted to place an 18-month moratorium on new commercial cryptocurrency mines in the city on Thursday. Here's why, and what comes next for cities that have had a Bitcoin gold rush.Read full newsRead More
Arbitrade, a Canadian coin and cryptocurrency exchange, has used bitcoin to purchase a set of three solid gold artifacts associated with Nelson Mandela.Read full newsRead More
ORENINC INDEX - Monday, March 19th 2018Last week index score: 26.73This week: 40.03 Prospero Silver (TSXV:PSL) discovered a new gold & silver-bearing epithermal vein system during a three-hole drill program at the Pachuca SE project in Hidalgo, Mexico.Avrupa Minerals (TSXV:AVU) said its C$500,000 private placement financing is fully subscribed.The Oreninc Index surged in the week ending M...Read More
As a result of the negative correlation between the U.S. dollar and gold prices, a weakening U.S. dollar would mean that we could expect rising gold prices, and a strengthening U.S. dollar would mean that we could expect falling gold prices.Typically, when the U.S. dollar loses value, investors look for alternate investments to store value.The opposite of Bitcoin, which is trading at US$8,493.02,...Read More
Deteriorating real economic fundamentals - The most important economic report out last week was retail sales for February, which showed at 0.1% decline from January. This was a surprise to Wall Street's brain trust, which was expecting a 0.4% gain. Keep in mind the 0.1% decline is nominal. After subtracting inflation, the "unit" decline in sales is even worse. This was the third straight month ret...Read More
The US gold price was lower ahead of a two-day Federal Reserve Federal Open Market Committee meeting starting today, the first to be chaired by Jerome Powell and widely tipped to end with a rise in interest rates.Staff reporterNorthern Star gains20 MARCH 201820/03/2018commentsshareThe spot price was down slightly to around US$1,316 an ounce earlier today, however Australian gold miners were happy...Read More
Excellent news from BonTerra Resources (BTR.V) today as the company has published some initial results from its winter drill program at the Gladiator gold project in Qu?(C)bec, Canada. These assay results were releases sooner than we expected, but after seeing the grades, it's understandable why BonTerra was very keen on releasing the assay results for the first four holes rightaway instead of w...Read More
The 440 portal vent door at the past-producing Snip Mine in BC's Golden Triangle region. Source: Skeena Resources Ltd.In a March 19, 2018 press release the company said the offering will now consist of the sale of approximately 9,139,451 units and approximately 4,223,572 flow-through common shares, to raise aggregate gross proceeds of approximately $8.4 million.Skeena is a junior Canadian mining e...Read More
Namaste Technologies Inc. (CSE:N) expects to become an all-inclusive online cannabis marketplace after the receipt of a production licenseSmallCapPower | March 20, 2018: Namaste Technologies Inc. (CSE:N) late Friday announced that its wholly-owned subsidiary, Cannmart Inc., has obtained the production license under Access to Cannabis for Medical Purposes Regulations (ACMPR). According to the guide...Read More
Germany's Siemens is making a US$39 million investment to expand 3D printing at its UK "global centre of excellence" for manufacturing parts for the aviation, automotive, and power generation markets.Staff reporter20 MARCH 201820/03/2018commentsshareThe company bought 85% of Worcester-based Materials Solutions in 2016, describing the business as a pioneer in the use of selective laser melting (SLM...Read More
The Dynacor Veta Dorada gold processing plant in Peru. Source: Dynacor Gold Mines Inc.The latest monthly production is similar to the February, 2017, production of 6,733 ounces, an amount that was attributable to the abnormally high-grade ore processed.Dynacor Gold Mines is a Montreal, Quebec-based company engaged in exploration as well as production through its government-licensed ore processing...Read More
Nova Leap Health Corp. (TSXV:NLH) actual annual revenue run rate is expected to approach US$9 millionSmallCapPower | March 20, 2018: Nova Leap announces a definitive agreement to make its second acquisition in 2018. On March 19, 2018, Nova Leap Health Corp. (TSXV:NLH) announced it has executed a definitive agreement to acquire a home care services company located in New England for US$1.2 million...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,616.36, up 26.97 points)First Quantum Minerals Ltd. (TSX:FM). Miner. Down $2.54, or 12.37 per cent, to $18.00 on 9.5 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 50 cents, or 4.63 per cent, to $10.30 on 8.6 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail e...Read More