Geologist Eric Saderholm and venture capitalist Warwick Smith started looking for a mining project to collaborate on two years ago.The pair had worked together for five years at Western Pacific Resources (TSXV: WRP), which Smith co-founded in 2009, and where Saderholm served as president, before they brought in a financial partner and management team to run the company in 2014."It was a great part...Read More
Vale (NYSE: VALE) has declared force majeure on a series of iron ore and pellets sales contracts after a Brazilian state court ordered it to suspend production from its Brucutu mine in the state of Minas Gerais.The court order also bans Vale from storing tailings in the Laranjeiras dam at Brucutu, following the collapse last month of the Brumadinho tailings dam at its Feijao iron ore mine that has...Read More
Atlantic Gold (TSXV: AGB; US-OTC: SPVEF) says recently completed diamond drilling at its Cochrane Hill gold deposit in Nova Scotia is confirming mineralization extensions initially identified in its 2018 drill program.Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold from 227 metres downhole, including 1 metre at 466 grams gold and 7 metres at 2...Read More
"Our target is to grow at least 8% per year on average over a business cycle," Lindberg said."While we grew well beyond that in Q4 and in 2018, we believe we continuously need to make acquisitions to secure long-term growth as well as access to new technologies, markets and geographies."Epiroc, spun out of Atlas Copco last year and listed on the Stockholm Nasdaq in June (STO: EPI-A), added ASI Min...Read More
Goldman Sachs Inc. (GS) executives are discussing making cuts to its commodities trading desk, once one of the investment bank's largest sources of revenue, according to a Wall Street Journal report Tuesday. Goldman will execute the cuts after a months-long review process that revealed the division burned through too much capital for too little profit. The cuts to the commodities des...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average was higher ahead of Donald Trump's State of the Union address Tuesday evening.Alphabet Inc. (GOOGL) beat fourth-quarter analysts' estimates for earnings and revenue but the stock rose 1.16% amid investor concern over rising costs in some of the company's growth businesses.Estee Lauder Cos....Read More
The Tuesday Market Minute Global stocks edge higher, taking the MSCI World index to a two-month high, as U.S economic data and corporate earnings offset concerns over China trade talks.Fed Chair Powell meets with President Donald Trump, statement stresses data dependence on rate moves.BP shares jump 4%, leading European energy stocks higher, after stronger-than-expected fourth quarter earnings a...Read More
By: Craig Hemke, TF MetalsIt has been a few weeks since we focused on palladium... and the last three weeks have been eventful for our new friend. He's been punched lower, but has crawled up off the mat each time. And now he appears ready to make another batch of new all-time highs.If you've been following along, then you'll recall that Mr. Palladium became our new friend back in the late summer...Read More
By: Ross NormanIf, as they say, it is darkest just before the dawn, then surely for gold at least, the sun must be cresting the horizon now ?After seven disappointing years - in US dollars at least - it is hard to shake off some scepticism. That said, gold is showing vigour in no less than 72 currencies where it is at or close to an all-time high - see hereLooking ahead - it is our view that go...Read More
Washington, DC (February 5, 2019) - A member of the U.S. House Financial Services Committee today pressed the Commodities Futures Trading Commission (CFTC) on its conspicuous failure to uncover the very silver market manipulation now being prosecuted by the U.S. Department of Justice. In a probing letter dated February 5 to CFTC Chairman J. Christopher Giancarlo, Rep. Alex X. Mooney (R-WV) writ...Read More
By: Ira EpsteinMetals very mixed going into the State of the Union address:Read More
Trump's new tax code will be reflected in this year's returns. Tom Wheelwright joins Robert to discuss the changes in the tax code, and how you can make more money and pay less taxes. Tom also discusses the questions everyone should be asking their CPAs.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top t...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Jordan Roy-Byrne, Founder of The Daily Gold shares some bullish developments for GDXJ and GDX. There are key background indicators such as breadth and the advance/decline line that not everyone follows. Jordan breaks down the recent turn to bullish for these indicators that can enable the gold stocks to run higher.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Tech...Read More
"Rising interest rates in an overindebted system is a death sentence."John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. Durin...Read More
Feb 07, 2019 Guest(s): Kevin O'Leary Canada is run by "terrible managers" and Kevin O'Leary, star of Shark Tank and chairman of O'Shares ETFs, is litigating in order to enact change. "What happens when [political candidates] lose and they have a deficit? How do they raise money? They have no system, and we throw them in jail for 90 days. We take away their personal freedom, we imprison them in...Read More
"It's something all automakers are going to have to deal with as they push for further EV deployment because it's something that could surprise Continue...Read More
Jimmy Kimmel and Jimmy Fallon have both worn blackface on comedy skits, yet there seems to be no outrage that the leftist leaning late night talk show hosts have done so.Continue...Read More
Sector expert Michael Ballanger explains how he plans to play the most recent moves in the stock and precious metals markets. On Dec. 24, 2018, with the S&P 500 trading at 2,351, I tweeted out the following comment concerning the crash in the S&P 500: "The time to be short has passed. . ." The RSI (Relative Strength Index) was under 20 and a new bear market had finally (technically) arrived. Yet,...Read More
A CIBC report reviewed the production levels this metals company achieved and the capital it spent during the quarter. In a Jan. 30 research note, analyst Anita Soni reported Newcrest Mining Ltd.'s (NCM:ASX) gold and copper production in Q2 FY19 (ended Dec. 31, 2018) were a beat. Newcrest produced 655,000 ounces (655 Koz) of gold in Q2 FY19, 19% higher than "the relatively weak Q1 FY19," Soni wro...Read More