RAPAPORT... The Asian Institute of Gemological Sciences (AIGS) haslaunched a mobile app that can verify its gemstone reports, following a recent slew of counterfeiting cases. "This new app is necessary in order to protect ourcustomers," AIGS chairman Kennedy Ho said last week. "This is the most secureway to verify our reports from now on." The app - which AIGS says is the first of itskind -a...Read More
The world's top diamond producer by output, Alrosa (MCX:ALRS), published this week an updated estimate of its Joint Ore Reserves Committee or JORC reserves and resources."The JORC Code-compliant report from Micon's independent experts estimated Alrosa's diamond resources and reserves as of 1 July 2018 at 1,064 million carats and 628 million carats, respectively," the miner said in a press release....Read More
RAPAPORT... Sales of higher-quality stones and an increased average price drove a spike in Alrosa's profit and revenue in 2018.Profit increased 15% to RUB 90.4 billion ($1.39 billion),while revenue climbed 9% to RUB 299.7 billion ($4.62 billion), the miner saidlast week. The company's diamond sales jumped 12% to RUB 278 billion ($4.29billion), despite a 12% decrease in sales volume to 26.4 mi...Read More
Cryptojacking describes the creation of cryptocurrencies by a website that executes background mining software on a visitor's computer. Since mining is a very computing-intensive process, this can lead to reduced battery life on mobile devices. The cryptojacked computer runs at full speed, the battery drains quickly, and the profit goes to the attackers. The St. P??lten UAS has now developed the f...Read More
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"Grown Rogue Revenue More than Quadruples in Preliminary First Quarter Sales Results Read more here: https://t.co/05EzKKZJmh@GrownRogue #GrownRogue #GRIN $GRIN #MomentumStocks #THC #Cannabis #Oregon #OregonCannabis #OregonCannabisGrowers"Read full newsRead More
Eleven years ago, Cloud Peak Energy Inc. (NYSE:CLD) made an all-or-nothing bet its rivals were unwilling to match: that coal would remain indispensable to the U.S. power sector.That gamble has now pushed it to the brink of bankruptcy.The company anchored its operations on Wyoming and Montana strip mines, brimming with easy-to-access coal that it sold to electricity plants. For a time, Cloud Peak t...Read More
"Precious Metals Weekly Round-Up: Gold Rallies on Softer US Dollar and Last Week's Other Top Precious Metals Stories. https://t.co/4jr1DbYVUC #preciousmetals #gold"Read full newsRead More
"We asked resource industry experts what trends in mining investors may be overlooking. Here's what they said. https://t.co/EMQjLAJfVb @the_PDAC #INNatPDAC #PDAC #mining"Read full newsRead More
While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. A look at eight majors and juniors exploring for gold worldwide.BARRICK GOLDThe world's largest gold miner Barrick Gold (TSX: ABX; NYSE: GOLD) is also heavily inv...Read More
Researchers with the University of Aberdeen and the University of Glasgow published a study where they state that an abundance of copper played an equally crucial role to oxygen in helping the rise and spread of the earliest animals 700 million years ago.By analyzing a series of geological records, the scientists were able to prove that the level of copper in the environment increased dramatically...Read More
The New Mexico Environment Department announced via Twitter that it received word from the Environmental Protection Agency stating that the Gold King Mine wastewater treatment facility is back up and running following a failure reported on March 14, 2019, due to a loss of power.The electric blackout was caused by a severe winter storm that struck the area this past week. The Gladstone plant, which...Read More
The major gold miners are grinding higher in a solid upleg, fueling growing interest in this small contrarian sector. They've mostly finished reporting their fourth-quarter results, revealing how they are really faring fundamentally. Collectively the world's biggest gold miners continue to face serious challenges, which often stem from declining production. That makes stock picking more importan...Read More
When looking to invest in gold, most investors consider only the major gold miners, but one of the best means of accessing outsized returns is by investing in junior gold miners that own high-quality development-stage projects. One that stands out for all the right reasons, despite experiencing some serious setbacks during 2018, is Continental Gold (TSX:CNL). The second half of 2018 was filled wi...Read More
Investors seeking the opportunity to obtain outsized returns on their capital should look no further than development-stage gold miner Lundin Gold (TSX:LUG), which has gained 9% for the year to date.Quality mining project under developmentLundin Gold, which is part of the world-renowned Lundin Group of companies, stewarded by the Lundin family, is developing the Fruta del Norte gold deposit in...Read More
Up 12.03% in the last five days at the time of writing, HEXO (TSX:HEXO) has the power to reward with some serious upside. Though it nosedived at the start of October, it's been climbing since the end of December and looks like a favourite for the king of the weed stocks. Add in hefty overvaluation against its future cash flow value and a beta of 3.01 relative to Canadian pharma and you have some d...Read More
Zion Williamson is currently the best player in college basketball, and is only a freshman.He is expected to be drafted number one overall in the NBA draft this summer.Analysts have said he is slated to make over $1 billion over the course of his career, with an expected shoe deal worth $100 million by itself.Michael. Lebron. Zion.There's only one problem...During a Duke game a few weeks ago, the...Read More
Mar 18, 2019 Guest(s): Greg McCoach The Mining Speculator History repeats itself, said Greg McCoach of The Mining Speculator. The last time we saw merger mania similar to what is happening today was in the early 2000s, and that episode was followed by a gold bull run. "This is very similar to me, the merger mania that happened in 2000. The dollar was starting to roll over, have problems, the mer...Read More
Anglo American has installed 256 photovoltaic panels that float on the tailings containment pond at its Los Bronces complex. This pilot project is expected to generate 150 MWh/year from 256 photovoltaic cells.The mine is located 65 km from Santiago at an elevation of 3,500 metres. The cells are designed to withstand extreme weather such as snow and heavy rain. Even winds of 210 km/h should not dis...Read More
TerraX Minerals of Vancouver has traced mineralization from the former Giant gold mine in Yellowknife onto its own TerraX target zone in the Barney Deformation Corridor (BDC). Relogging and sampling of 1,579 metres of historical drill core led the company's geologists to believe mineralization in the old cores is adjacent to historical high grade assays within vein and shear zone structures across...Read More