SD Friday Wrap: Light market wrap plus 6 observations about Black Friday you can use to argue your way out of a trip to Wal Mart or the mall... Oh Canada, you're so civil on Black Friday:#MeanwhileinCanada, this is literally a "door crasher" #BlackFriday sale in Canada.#BlackFriday2018 #VendrediFou #FridayFeeling pic.twitter.com/csyRv4GZgx- Meanwhile in Canada (@MeanwhileinCana) November 23, 2018...Read More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (November 23, 2018) - Mega Uranium Ltd. (MGA: TSX) announces that it has granted an option (the "Option") to purchase its royalty on the Langer Heinrich uranium project in Namibia (the "Royalty") to Uranium Royalty Corporation ("URC"). URC issued common shares to Mega in payment of t...Read More
JOHANNESBURG (miningweekly.com) – South Africa’s transport infrastructure was built for and remains better suited to the movement of precious metals and diamonds, Herbert Smith Freehills (HSF) consultant Biddy Faber told attendees at a roundtable to discuss comparisons between South African and Brazilian mining and infrastructure investments, on Thursday.The event, held in Rosebank, w...Read More
Leading diamond exploration, evaluation and mining geologists Dr Mike de Wit and Dr John Bristow – in collaboration with the University of Pretoria Geology Department and Enterprises University of Pretoria – presented a short course on ‘Diamond Exploration and their Primary and Secondary Sources’ to fourth-year university students and interested delegates last month. The in...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsMining Journal caught up with SolGold CEO (and major shareholder) Nick Mather in London this week following...Read More
The three-month lead price on the London Metal Exchange was slightly firmer this morning, Friday November 23, while the rest of the complex was down by an average of 0.6%. Zinc led the decline with a 1.2% fall, while copper was off by 0.8% at $6,217 per tonne. Volume has been high with 11,796 lots traded as at 7.24am London time – the bulk of which has been in nickel, where 6,902 lots ha...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points in pre-opening trade. Weakness was led by energy stocks following a 5% drop in the price of crude oil in overnight trade. Trade volumes are expected to remain significantly lower than average today. Trading in U.S. equities on U.S. exchanges closes at 1:00 PM EST.The Canadian Dollar was virtually unchanged a...Read More
If you don't understand how the Federal Reserve works, start with rule #11 in Monopoly..."Some players think the bank is bankrupt if it runs out of money. The bank never goes bankrupt. To continue playing, use slips of paper to keep track of each player's banking transactions-until the Bank has enough paper money to operate again. The banker may also issue 'new' money on slips of ordinary paper."T...Read More
Ready for a hot stock market tip?Not from me, mind you. But from the greatest stock market investor in history.Today, Warren Buffett is incredibly bullish on the financial sector.To figure that out, all you have to do is look at the equity portfolio of Buffett’s conglomerate Berkshire Hathaway.As of the last required reporting date (September 30, 2018), more than half of Berkshire’s to...Read More
The Federal Reserve isn't "federal" and it has no "reserves." Is it a public institution? No...Is it private? No again...Is it Constitutional? Absolutely not!...Who owns The Fed, and does it even matter?Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A...Read More
As you already know, things are unraveling. The narratives of the past are being revealed as false and fraudulent - even harmful. For example, the fallacy of pursuing Continue...Read More
Last week, I talked about Ray Dalio's new book on debt cycles. He describes how debt is inherently cyclical, because it enables more spending now that must be offset by less spending later.Continue...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Former funds management and investment professional. I have 14 years experience in investment management and advisory. I hold a Master of Business LawContinue...Read More
With more than 25 years' experience in the diamond industry - including 19 with De Beers - Stuart Brown was looking for a new opportunity. He found it as the president and CEO of Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD)."I was quite excited by this," he said. "I think the mine has good potential, because it's just starting off. I thought I could add a lot of value with my prior relatio...Read More
BTU Metals (TSXV: BTU) has expanded its Dixie Halo gold project in Red Lake, Ont., by acquiring Burgudy Exploration and its 41.6 sq. km of prospective land in the area. Dixie Halo surrounds Great Bear Resource's (TSXV: GBR; US-OTC: GTBDF) Dixie gold project and raises BTU's total Red Lake land position to 129 square kilometres.BTU will acquire Burgundy for 3.6 million shares. Burgundy's claims com...Read More
The nickel price is at a 12-month low of $10,965 per tonne, after cracking $15,000/t in the northern summer. Hamilton said there was not much hope for an uptick from China over the winter."In our view, a weak stainless steel market is the main challenge, with Chinese 304-grade cold rolled material prices falling RMB200 (US$28.80) per tonne in the past week," he said."[We] would expect to see...Read More
Managing director Geoff Jones said at this week's GR Engineering annual general meeting in Perth the company was on track to book about A$80-85 million of revenue in the first half of fiscal 2018-19, down from $177 million in the first half of last year.But the company is guiding for $220-240 million of revenue for FY19 "based on management forecasts of Thunderbird EPC activity levels in [the seco...Read More
Nov 26, 2018 Guest(s): Brian Groves Chairman, CEO & Director, Genesis Metals Investor interest remains low for miners in Canada, but this could turn around after the bitcoin and cannabis stocks craze dies down a bit, said Brian Groves, chairman and CEO of Genesis Metals. "We've seen investor focus move away from the mining sector to such things as cannabis stocks, especially in Canada. Bitcoin h...Read More
We're a nation of blamers.Whenever we're confronted with a problem, the first response is to find the "guilty party."Who's going to take the fall?Who's going to be thrown under the bus?Who's going to be placed in the modern-day stockades of social media criticism while armies of vulture ambulance chasers try to steal the wallets of roadkill pawns?In the latest move to end America's opioid epidemic...Read More