China's intention to cut the rate of value-added tax to 13% has already been credited for an increase in imported ore prices and having a bearish effect on alloys, Fastmarkets heard on Wednesday March 27.The rate of VAT in the east Asian country applicable to manufacturers will be lowered from April 1 by 3 percentage points, to 13%, with the intention of stimulating China's slowing economy.The tax...Read More

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was an increase to 225,000 from downwardly revised 216,000 last week. Actual was 211,000. Consensus for next estimate of fourth quarter real GDP was a fall to 2.4% fr...Read More

If wealthy people have the same 24 hours in a day, and work just as hard as others, how do they acquire such incredible wealth?This was the question George Samuel Clason set out to answer in his timeless classic The Richest Man in Babylon. Since 1926, Clason's book has sold more than 2 million copies and has been translated in 26 different languages. Set in ancient Babylon, supposedly the wealthie...Read More

Brighthouse Financial (BHF) isn’t just a cheap stock. It is an unfathomably cheap stock.With a share price currently bouncing are $35, the insurance company is currently trading at 0.29 times book value per share.How cheap is that?Similar insurance companies are currently trading for 0.80 times book value.In order for Brighthouse to trade at their competition’s multiple, the company...Read More

The amount of gold in proven and probable reserves at Guyana Goldfields' (TSX: GUY) Aurora mine in Guyana has been lowered 1.69 million oz., compared with estimates a year ago, based on "a new and more appropriate mine model," the company says.Total proven and probable reserves in open-pit and underground categories at the end of 2018 stand at 2.27 million oz. gold (in 26.95 million tonnes grading...Read More

The Canadian Mining Hall of Fame (CMHF) bestowed honours on five industry giants at its thirty-first annual induction ceremony in January at the Metro Toronto Convention Centre. The 2019 inductees - Kate Carmack, James M. Franklin, James W. Gill, A. M. (Sandy) Laird and Brian K. G. Meikle - join 176 existing CMHF members."Tonight we celebrate the lives of four men and one exceptional woman who thr...Read More

Golden Star Resources (TSX: GSC; NYSE: GSS) has increased its overall reserves by 6%, net of mining depletion. It offset a loss in reserves at its Prestea gold mine by adding reserves at its Wassa gold mine, both located in Ghana.In total, the company has 19.4 million proven and probable tonnes grading 2.86 grams gold for 1.79 million oz. gold across its Wassa and Prestea gold mines.Its biggest lo...Read More

K92 Mining (TSXV: KNT; US-OTC: KNTNF) intersected 175 metres of 0.28 gram gold per tonne and 0.22% copper from 259 metres downhole at its Blue Lake porphyry prospect, 4 km southwest of its Kora deposit, at the Kainantu gold mine in Papua New Guinea.The hole ended in mineralization.The company discovered the prospect in 2017, after a surface mapping and sampling program. It completed a soil grid at...Read More

As the Canadian Mining Hall of Fame (CMHF) inducted five new members - Kate Carmack, James Franklin, James Gill, Sandy Laird and Brian Meikle - at its thirty-first annual induction ceremony in January at the Metro Toronto Convention Centre, five tribute videos were premiered during the evening.For full coverage of the event by The Northern Miner, read: Canadian Mining Hall of Fame welcomes five tr...Read More

Western Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroft"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpThe International Lead Zinc Study Group...Read More

Western Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroft"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpLiving in the UK for so long, as I have...Read More

The Federal Government of Australia today launched the Critical Minerals Strategy 2019, aimed at putting emphasis on what politicians call "the industries of the future." In their view, these sectors include agritech, aerospace, defense, renewable energy and telecommunications."We have some of the world's richest stocks of critical minerals and while the market for some of our minerals such as lit...Read More

Canada's Walker River Resources (TSXV: WRR) announced this week that it signed a letter of intent with Smooth Rock Ventures (TSXV: SOCK) to enter into an exploration agreement with option to form a joint venture on the Garfield Flats project, located in Mineral County, Nevada.Smooth Rock can earn an undivided 50% interest in the property by funding $600,000 in exploration expenditures. Walker, o...Read More

If you haven't seen the popular animated film franchise, you'd be forgiven for not knowing much about Madagascar, but that could be changing very soon. Graphite, as one of the most conductive materials, is set to be key to our sustainable future, and recent exploration in Southern Madagascar has identified the Ampanihy structure zone as what could soon become a global hub of battery-suitable graph...Read More

"Catch up with our most recent cover story, on #copper prices staying down while a forecast supply gap gets wider ($) | https://t.co/BwpDUXwZkV"Read full newsRead More

Canadians now collectively owe C$2.16 trillion, which as a share of GDP is the highest debt load in the Group of Seven economies.Read full newsRead More

"Black Tusk (@tusk_inc) (#CSE: $TUSK) Initiates Permitting for Drill Program on the Cluster Project in Quebec [https://t.co/DS9KWsW7Lf]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #investment #resources #PDAC2019 #gold"Read full newsRead More

"FSD Pharma (@FsdPharma) (#CSE: $HUGE | #OTCQB: $FSDDF) to Establish Presence in Canada's Insurance Regimes [https://t.co/ppvGZ0CoJ3]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #potstocks #cannabis"Read full newsRead More

Federal mine safety officials have cited an Idaho-based company for inadequate safety controls at a gold mine it operates in northeast Nevada where a worker was killed in an underground collapse in October.Read full newsRead More

Now Sibanye will wind down Driefontein's operations within 10 years, with plans to cut thousands of jobs as it shuts unprofitable shafts.South Africa's gold industry employs just over 100,000 people, less than a fifth of the number that used to drive the apartheid economy.With most of the nation'Read full newsRead More