Mining Articles

The City That Banned Bitcoin Mining

Mon Mar 19 03:52:08 2018 / Staff reporter

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

Why Kratos Defense & Security Solutions, Inc. Could Be a Gold Mine for Growth Investors

Mon Mar 19 03:52:04 2018 / Staff reporter

Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More

Why Kratos Defense & Security Solutions, Inc. Could Be a Gold Mine for Growth Investors

Mon Mar 19 02:49:04 2018 / Staff reporter

Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More

INK Canadian Insider Index consolidating ahead of another rally?

Mon, 19/03/2018 1:54 am / Nicholas Winton

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN put in a quiet week of trading, clinging closely to its 50-day moving average. The Index closed down about 1.5 points to finish at 1279.68.Support is at 1277 and 1264. Resistance is at 1280 and 1290 (upper Bollinger band).RSI fell 9 points to 54.37. MACD quintupled...Read More

Capital recovery underway

19 MARCH 2018 / Staff reporter

Production drilling contracts have fortified Capital Drilling's (LN: CAPD) earnings base, but the company is poised like a number of others for a sustained rebound in exploration spending, which seems to be on the cards. Capital's latest results provide more evidence a corner has been turned in the sector.Staff reporter19 MARCH 201819/03/2018commentsshare The Mauritius-headquartered company's 2017...Read More

Buy Gold Stocks to Hedge Against Inflation and Beat the Market

March 19, 2018 / Stephanie Bedard-Chateauneuf

Inflation has started to show up in economic data, and it may rise faster than expected. One of the best ways to protect your portfolio against inflation is to own gold, which is viewed as an inflation hedge. Besides inflation, there are other reasons that could draw investors towards gold in 2018.The gold price has rallied in 2018, rising from under US$1,250 per ounce in mid-December to trade ov...Read More

Could Geopolitical Risks Boost Gold and Silver?

March 19, 2018 / Ambrose O'Callaghan

An analyst from the Danish investment firm Saxo Bank recently pointed to the Geopolitical Risk Index as being at its highest level since the 2003 invasion of Iraq. The index also spiked in August 2017, as fears over a possible conflict with North Korea hit fever pitch. A series of dismissals in the White House coupled with anxiety over rising trade tensions appear to be rattling investors. The 12-...Read More

Mixed moves by cobalt stocks

19 MARCH 2018 / Staff reporter

Australian junior Cobalt Blue Holdings (AU:COB) was one of the cobalt companies on the rise after the in-demand battery material reached a new high on the London Metal Exchange on Friday of US$88,375 per tonne.Staff reporterCobalt Blue Holdings rises on Thackaringa upgrade19 MARCH 201819/03/2018commentsshareCOB hit a 52-week high intraday and closed up almost 3% today as it announced a significant...Read More

Lab-created diamond prices on the wane

19 MARCH 2018 / Paul Zimnisky*

The discount of gem-quality, lab-created diamonds, manufactured for use in jewellery, relative to natural diamonds has doubled from 11-20% a year ago to 28-40% today, according to a survey of prices. Paul Zimnisky* Will the future of diamond production be in the lab, as opposed to the mine?19 MARCH 201819/03/2018commentsshareArthur G. Graham, Avakash Patel and Grant Malensek...SPONSOREDRoscoe pos...Read More

Cannabis Wheaton Stock Has Momentum Following Recent Updates

March 19, 2018 / Staff reporter

Since its inception, Cannabis Wheaton Income Corp. (TSXV:CBW) has developed its streaming platform by funding numerous cannabis facilities/partners across CanadaSmallCapPower | March 19, 2018: Cannabis Wheaton Income Corp. (TSXV:CBW) Thursday announced that it has entered an agreement with Ontario-based R&D firm Honest Inc, part of Province Brands of Canada, the first global brand offering pro...Read More

Sunlight powering IAMGold mine

19 MARCH 2018 / Staff reporter

Renewables could be a major part of all off-grid mining power sources, energy company Total EREN says after opening a solar plant next to Iamgold's (CN:IMG) Essakane gold mine in Burkina Faso. Burkina Faso president Roch Marc Christian Kabor?(C) (centre) toured the US$25 million project last week with IAMGold CEO Steve Letwin (on the right)19 MARCH 201819/03/2018commentsshare A Total EREN and Afri...Read More

Klondex Mines shares up 60% on US$462 million Hecla bid

March 19, 2018 / Resource World

The Klondex Mines Fire Creek gold mine in Lander, County, Nevada. Source: Klondex Mines Ltd.Under the offer, Klondex shareholders will receive US$2.47 per share in cash or shares of Hecla, marking a 59% premium to Klondex's 30-day volume weighted average prices as at March 16, 2018.On Monday, Klondex shares jumped 60.56% or C$1.09 to $2.89. The 52-week range is $6.45 and $1.66.CI Investments and S...Read More

Vancouver-based Klondex Mines bought up by Hecla Mining in $605 million deal

March 19, 2018 / Editor

VANCOUVER - Hecla Mining Co. says it's buying Vancouver-based gold miner Klondex Mines Ltd. for $605 million with a mix of cash and shares.Idaho-based Hecla will gain control of Klondex's Fire Creek, Midas, and Hollister underground gold mines in Nevada, while Klondex will spin out its True North mining operations in Manitoba into a new entity for existing shareholders.Hecla says its focus is h...Read More

Alio Gold aims to diversity via Rye Patch merger

March 19, 2018 / Resource World

Rye Patch Gold's Florida Canyon Mine looking northwest. Source Rye Patch Gold Corp.Under the arrangement, each common share of Rye Patch will be exchanged for 0.48 common shares of Alio Gold.The offer values Rye Patch at $128 million, or $1.57 per share, marking a 35% premium based on the 20-day volume weighted average trading price of Alio Gold and Rye Patch shares during the period ended March 1...Read More

Amazon is Now Working with a Pot Company

March 19, 2018 / Jeff Siegel

Here are eight words I never thought I'd say:Amazon is selling products from a marijuana company.It's true.And this company has also inked deals with Walmart and Home Depot.That's right.Three of the biggest retailers on the planet are now selling products developed by a company that's in the legal marijuana business.Think about that for a minute...Have you ever imagined that you'd be able to walk...Read More

Wheaton Precious Metals (NYSE: WPM, TSX: WPM): The World's Largest, High-Margin, Pure Silver and Gold Streaming Company, Interview with Randy Smallwood, President and CEO

19/3/2018 / Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US

Wheaton Precious Metals (NYSE: WPM, TSX: WPM) is the world's largest, high-margin, pure silver and gold streaming company, that offers investors cost predictability, direct leverage to increasing silver and gold prices, and a high-quality asset base. We learned from Randy Smallwood, President and CEO of Wheaton Precious Metals, that they produce substantially more metal than any other streaming co...Read More

Six Explorers to Watch as Mining Sector 'Primed for a Re-Awakening'

March 19, 2018 / Staff reporter

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Six Explorers to Watch as Mining Sector 'Primed for a Re-Awakening'Source: Streetwise Reports March 19, 2018 (Investorideas.com Newswire) PI Financial recently highlighted junior explorers to watch for "potentially game-changing 1H18 news flow....Read More

The Irony of the Chinese Communist Party Pushing a U.S. Gun Ban

March 19, 2018 / Joe Jarvis

Some people say that “No civilian should have military style weapons!”Ironically they also criticize those who say gun ownership deters oppressive government. “Oh yea, your hunting rifle is going to stand up against the government’s tanks and bombs,” they laugh.And yet, guerrilla warfare is extremely difficult to defeat.Don’t get me wrong, I would not like to se...Read More

High Grade editors meet with author George Saunders '81

Mar 19 2018 / News room

Three editors of Colorado School of Mines' literary and arts journal received some extra-special inspiration at the Association of Writers and Writing Programs Conference in Florida: They got to meet with Man Booker Prize-winning author and Mines alumnus George Saunders '81 before he delivered the event's keynote speech.High Grade co-editors in chief Wenli Dickinson, a senior in environmental engi...Read More

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