The national park's full planning committee will visit the site on 27 February before making a decision.Read full newsRead More
Climate Home News: In 1996, Osvaldo Wuaru and his family arrived on the outskirts of the vast Munduruku Amazon Territory with a crucial mission: set up a village to hold back the invasion of pariwat (non-indigenous) gold miners. Twenty-one years later, it has all but failedRead full newsRead More
A more dramatic move in the price of gold is necessary for miners to start outperforming the metal.Read full newsRead More
A more dramatic move in the price of gold is necessary for miners to start outperforming the metal.Read full newsRead More
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
Brandon Dugan, associate professor and Baker Hughes Chair in Petrophysics and Borehole Geophysics at Colorado School of Mines, was recently interviewed by The Verge about the possibility of tapping into offshore freshwater aquifers to address the Cape Town water crisis. From the article:According to [a 2013 Nature] study, there's an estimated 120,000 cubic miles of subsea fresh water globally -...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 CaswellA lawsuit between Engold Mines Ltd. and its former president, featuring allegations of wrongful dismissal and fraud, looks to be headed for a full trial in the Supreme Court of British Columbia. On Tuesday, Feb. 13, a judge determined that parts of th...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 Wednesday was a positive 84-67-139. The TSX Venture Exchange gained 14 points to 836 while polished diamond prices fell a full percentage point. Matt Manson's Stornoway Diamond Corp. (SWY) closed...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 March delivery gained $1.41 to $60.60 on the New York Merc, while Brent for April gained $1.64 to $64.36 (all figures in this para U.S.). Western Canadian Select traded at a discount of $26.45 to WTI...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 gained 14.99 points to 836.17 Wednesday. Marc Sontrop has listed his second capital pool shell, Aim2 Ventures Inc. (AIMV), with a $500,000 initial public offering at 10 cents. Today it rose nine cents to 19 cen...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 gained $20.90 to $1,350.20 on Wednesday. The TSX Venture Exchange added 14.99 points to 836.17 while the TSX Gold Index jumped 8.20 points to 191.58. Iamgold Corp. (IMG) led Canadian gold miners higher, adding 61 cen...Read More
A bipartisan letter from US Congress members Paul Cook and Albio Sires says the future of American investment in Guatemala is being threatened by corruption and impunity prevalent in the country. In the letter, Cook and Sires advise the Guatemalan government and President Jimmy Morales to take immediate action to fix the problem. They outline the consequences of what could follow with these unreso...Read More
The gold miners' stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking dis...Read More
It is difficult not to write about the political developments in southern Africa at a time when South Africa is embroiled in a titanic struggle to rid itself of the Zuma factor. Over the next few months, there will be more clarity about the political direction the country will take. All indications are, however, that a government without Zuma will be more business friendly, and that a Department o...Read More
The week before the Dow/SPX quickly plunged 10%, the Fed had reduced its SOMA account (the SOMA account is its "QE" account) by $21 billion. Just as quickly as the stock market dropped, it has sharply recovered more than half of its losses from the previous week. As it turns out, the Fed added $11 billion back to its SOMA account. That's an $11 billion injection of cash directly into the banking...Read More
Invicta LupakaLupaka Gold (LPK.V) has received the final US$2.5M cash payment from PLI (the third tranche of an initial US$6.1M streaming deal) and combined with the proceeds from selling 3.1 million shares of GoldMining (GOLD.V). After funding its ongoing activities at Invicta, Lupaka still has approximately C$7.6M in the bank which should be sufficient to bring the poly-metallic Invicta project...Read More
M2 Cobalt (MC.V) has started its exploration program in Uganda where it's trying to prove up a copper-cobalt district on the land package it has been assembling for the past several years now. This year's exploration program (the very first program since the properties were vended into M2 Cobalt) will consist of five different steps including drone surveys, large sampling programs (which will incl...Read More
Senator Doug Black.It is a key reason why the Alberta-based senator introduced Bill S-245 the Trans Mountain Pipeline Project Act in the Senate on February 15, 2018. The aim is to declare that the pipeline expansion project is in the national interest and should proceed for that reason.Not having access to energy markets is costing Canada billions of dollars and the expansion of the Trans Mountai...Read More
Extracts drive MedReleaf Corp.'s (TSX:LEAF) third-quarter revenues to record levels, but its bottom line disappointsSmallCapPower | February 16, 2018: MedReleaf Corp. (TSX:LEAF) announced third-quarter results recently that showed record quarterly revenues of $11.4 million, up 9% YoY and 16% QoQ, driven primarily by strong growth in extract-based products, offset by a decline in dried cannabis pro...Read More
The Moss gold-silver mine located 80 miles southeast of Las Vegas in the Oatman District of Mohave County, Arizona. Source: Northern Vertex Mining Corp.The company said it has commenced leaching ore on the pad in preparation for its first gold pore in first quarter of 2018. The final US $3 million working capital draw is underway as we transition from development to production at the Moss Mine, th...Read More