Mr. Anthony Makuch reports KIRKLAND LAKE GOLD REPORTS STRONG GROWTH IN MINERAL RESERVES AND MINERAL RESOURCESKirkland Lake Gold Ltd. has provided updated mineral reserve and mineral resource estimates as at Dec. 31, 2017. Comparisons to previous Mineral Reserves and Mineral Resources are to estimates as at December 31, 2016, with the exception of the Fosterville mine, where comparisons are also ma...Read More
http://www.mining.com/An auction for the $2 billion Michiquillay copper project in Peru attracted 10 interested companies according to Peru’s government investment agency Proinversi??n with Southern Copper Corp declared the winner on Tuesday.Reuters reports Southern Copper won the tender with a proposal to transfer $400 million to the government and pay 3% royalties. Southern Copper is contr...Read More
Gold has been on the cusp of a major breakout but someone forgot to tell the gold stocks. Gold is right back at resistance levels yet the various gold stock indices are off their September 2017 highs by 11% to 16%. The relative weakness in the gold stocks (and Silver) is a signal that Gold is unlikely to breakout now. In fact, if Gold were to correct here the gold stocks could threaten support and...Read More
A colleague of mine pointed out that Trump has not been tweeting his flatulence about the economy recently. This thankful hiatus is after he just passed a tax cuts and a spending budget that is supposed to be stimulative. As it turns out, the economy is hitting the headwinds of marginally higher interest rates and a consumer that is bulging from the eyeballs with debt. Windfall tax rebat...Read More
NuLegacy Gold (NUG.V) has provide more specifics on its widely-anticipated 2018 drill program on the Red Hill property in Nevada. The company expects to get back in the field for a 12,000 meter drill program in March with a specific focus on discovering new gold zones.This announcement isn't entirely unexpected after what could best be described as a 'very successful exploration season' in 2017, w...Read More
Aztec Minerals (AZT.V) is working through a 15 hole drill program at its Cervantes copper-gold project in Mexico's Sonora state, and the drill results of the first few holes are very encouraging. Whilst hole 1 and 2 didn't return any significant metal values (not unexpected, considering this is the first drill program on the property, so the hit rate wasn't expected to be high) whilst hole 4 did c...Read More
Tesla electric automobiles utilize lithium-ion batteries. Photo courtesy Tesla, Inc.It is no secret that speculation in the mineral exploration is currently being driven by optimistic forecasts about the market penetration of electric vehicles and the future impact on demand for lithium ion batteries. That, in turn, is driving investor interest key battery ingredients, including lithium, cobalt an...Read More
Cannabis Wheaton Income Corp. (TSXV:CBW) announced recently a joint venture to develop 1.4 million sq. ft. of greenhouse space in the Leamington areaSmallCapPower | February 21, 2018: Cannabis Wheaton Income Corp. (TSXV:CBW) announced Friday that it has inked a joint venture agreement with Peter Quiring via a newly-formed subsidiary "GreenhouseCo" to develop a purpose-built greenhouse for cannabi...Read More
The Guyana Goldfields Aurora gold mine in northwest Guyana, South America. Source: Guyana Goldfields Inc.Guyana Goldfields is a Canadian mid-tier gold producer, primarily focused on the exploration and development of gold deposits in the Guiana Shield of South America. The Guiana Shield is the northern part of the Amazon Craton and covers parts of Guyana, Venezuela, Suriname, French Guyana and nor...Read More
The Tahoe Resources La Arena gold mine 480 km northwest of Lima, northern Peru. The La Arena II Project is adjacent to the mine. Source: Tahoe Resources Inc.Tahoe shares rose 4.37% or $0.22 to $5.26 on Wednesday February 21.The company said it expects to continue its evaluation of La Arena II Project with the intent of advancing it to a pre-feasibility or feasibility stage. The timeline and estima...Read More
As stocks tumbled, gold rallied…Copyright and other rights (C) 2018 World Gold Council. All rights reserved. World Gold Council and the Circle device are trademarks of the World Gold Council or its affiliates. All references to LBMA Gold Price have been provided for informational purposes only. ICE Benchmark Administration Limited accepts no liability or responsibility for the accuracy of t...Read More
Location Map.Mustang Minerals Corp. (TSX-V: MUM) announced that it has acquired the mineral rights to several lithium and rare metal bearing pegmatites located immediately adjacent to its Mayville claims which are part of the Makwa Mayville Nickel-Copper-Cobalt-PGM property in south eastern Manitoba. Mustang has optioned 100% of the mineral rights from Tantalum Mining Corporation of Canada Ltd....Read More
Listen to or Download the podcast on Sovereignman.comOn the morning of May 18, 1927 in Bath Township, Michigan, a 55-year old municipal worker named Andrew Kehoe used a timed detonator to set off a bomb he had planted at the local school.Kehoe was Treasurer of the School Board, so he had unfettered access to the school.According to friends and neighbors, he was having personal issues with his wife...Read More
Via Sovereignman.comIf you've been following much international news, you've probably heard that, after literally years of scandal, abuse, and incompetence, South Africa's president Jacob Zuma was finally forced to resign last week.This is a big deal for South Africa.The country has been suffering for nearly a decade under Zuma's corruption.And people are certainly hoping that the new President, C...Read More
WhipsawedFrank Roellinger has updated us with respect to the signals given by his Modified Ned Davis Method (MDM) in the course of the recent market correction. The MDM is a purely technical trading system designed for position-trading the Russell 2000 index, both long and short (for details and additional color see The Modified Davis Method and Reader Question on the Modified Ned Davis Method)....Read More
Economic Activity Seems Brisk, But...Contrary to the situation in 2014-2015, economic indicators are currently far from signaling an imminent recession. We frequently discussed growing weakness in the manufacturing sector in 2015 (which is the largest sector of the economy in terms of gross output) - but even then, we always stressed that no clear recession signal was in sight yet. US gross outpu...Read More
Southern Copper Corp was declared the winner on Tuesday of the Peruvian government's first auction of the Michiquillay copper project, the first tender in nearly a decade.According to a statement by Southern Copper, controlled by conglomerate Grupo Mexico won the tender with a proposal to transfer $400 million to the government and pay 3% royalties.Southern Copper affirmed Peruvian investmen...Read More
Article"My bias is that Gold will rip through resistance to commence a new bull trend"Read More
India's decision to allow private and foreign companies to bid for coal mines without any end-use or price restrictions is likely to lure foreign giants such as BHP, Rio Tinto, Anglo American and Glencore, currently swimming in cash.According to online trading firm Angel Broking, the new guidelines - aimed at boosting investment, output and the introduction of better technology - could be the firs...Read More
Tech giant Apple Inc (NASDAQ: AAPL) is said to be in talks to buy long-term supplies of cobalt directly from miners as a way to ensure sufficient supply of the metal, an essential ingredient in the batteries that power its iPhone.Citing anonymous sources, Bloomberg reports that the company is trying to secure contracts for several thousand tonnes of cobalt for five years or longer.Electronics and...Read More