In one of the few exploration projects it is funding next year, Cameco Corporation (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning a 36 km ground electro-magnetic survey and 6,000 metres of diamond drilling at their Hook Lake uranium project in Saskatchewan.Cameco owns 39.5% of the project in the province's Patterson uranium district...Read More
IAMGOLD (TSX: IMG; NYSE: IAG) is considering two mine plan scenarios at its Sumitomo Metal Mining (TYO: 5713) joint-ventured C??t?(C) gold project in northern Ontario, according to a feasibility study the company recently announced.The base case open pit mine plan outlines a US$795 million after-tax net present value (NPV) at a 5% discount rate and a 15.2% after-tax internal rate of return (IRR)....Read More
Less than a month after Northern Vertex Mining Corp. (TSXV: NEE; US-OTC: NHVCF) signed a US$8.5 million silver stream financing with Maverix Metals (TSXV: MMX), the company has reached a deal with existing shareholder Greenstone Resources for an unsecured working capital facility of up to US$10 million.The facility from Greenstone, a private equity fund specializing n the metals and mining space,...Read More
Nov 06, 2018 Guest(s): Brent Johnson CEO, Santiago Capital Midterm elections in the U.S. on November 6th may see the Republicans maintain control of both houses, said Brent Johnson, CEO of Santiago Capital. "I'm of the view that the Republicans will hold both Houses. And I think a lot of people think that the Democrats will get the House and the Republicans will keep the Senate and so we'll have...Read More
If the Democrats take over the House of Representatives, a lot of the Trump agenda will stall. The Trump-mania in the economy then could halt, leading to Dollar weakness, and rising precious metals. Craig Hemke joins Silver Doctors to discuss. Hemke, also known as Turd Ferguson, says the stock market's road ahead will likely not be bright. Since the presidential election, the Dow is up more than 7...Read More
When it comes to government incompetence, few places can match New York's. Corrupt labor laws, rapacious unions and bought and paid for politicians have led the CIty and State into a death spiral. It's just one of many cities and states facing the burden of retiree pension and healthcare benefits. It's underwater to the tune of $150 billion and counting. Get ready for the next meltdown. John Rubi...Read More
It now takes 23.6% of median income to make the monthly payment on the average-priced home, making housing the least affordable it's been in nearly a decade.Continue...Read More
Stephen McBride is the editor of RiskHedge Report, a free weekly newsletter that shows how to profit from disruptive trends like self-driving cars, artificial intelligence, cloud computing, and others.Continue...Read More
Peter Epstein of Epstein Research profiles recent moves by Aben Resources, which is exploring in British Columbia's Golden Triangle.The Golden Triangle (GT), in northwestern British Columbia (Canada) is a tremendous place to explore and make precious and base metal discoveries. It's known for monster high-grade gold deposits, but also hosts silver, copper and other base metals. When one considers...Read More
RAPAPORT... Lucapa Diamond Company hasextracted 1,502 carats of rough during testing at a new alluvial diamond sourceadjacent to its Lulo mine in Angola. The yield included 17 stonesweighing more than 10.8 carats each, as well as a 55.30-carat, D-color, typeIIa stone. The average diamond size was 1.40 carats, Lucapa said. The new source is located in thepreviously untested flood plains at Lul...Read More
Forecasting elections is more art than science. One of the problems in forecasting elections is the nature of polls. Many polls are misleading and suffer from flawed methodology.I was flying around the world just before the 2016 presidential election, telling audiences in Europe, Australia and here at home that Trump would win. I got a lot of funny looks and gasps from the anchors, who didn't take...Read More
Unless you've been living under a rock somewhere, you know the critical midterm elections are tomorrow. The outcome will likely have a major impact on President Trump's future in office.For months, we heard talk of a coming blue wave that would put Congress back in Democratic hands. Basically, the idea was that Democratic voters were more motivated than Republican voters, that their disgust with T...Read More
The Price of Gold appears to have bottomed, after declining since 2011.Here is a look at the weekly trend. Gold has carved out an ABC bottom, (C above A followed by a rise above B).The breakout at the blue arrow overcame six months of resistance.Price is now tackling the 200 week moving average at the green arrow. This chart courtesy Bloomberg.com shows the number of short positions in gold futur...Read More
The gold miners’ stockssuffered a rough late summer this year. A rare forced capitulation walloped them to deep new lows,short-circuiting their usual autumn rally. That’s left this sector anomalously low as the subsequent winter rallygets underway, gold stocks’ strongest seasonal surge of the year. Starting from beaten-down levels afterskipping the prior seasonal...Read More
Democrats take control of the Congress and moveTrump out of the White House. Sounds unbelievable? So what is probable and whatis not? We invite you to read our today’s article about the upcoming USMid-Term Elections and find out what are the likely consequences for the goldmarket.Elections are approaching the US again. Two yearsafter Donald Trump was elected as POTUS, American voters go to t...Read More
It has been a rough year for gold stock investors. Since Gold failed to break to the upside and the US Dollar bottomed, gold stocks have been in a strong downtrend. In September they hit two and a half year lows.The oversold condition since then has been corrected but that rebound has been quite weak. Evidence of that can be seen in the GDX advance decline (A/D) line (an important breadth indicato...Read More
The De Beers Group Designers Initiative is inviting jewellery designers to participate in the 2018/19 Shining Light Awards, which will, for the first time, be open to Canadian participants.The latest edition of this biannual jewellery design competition, which has existed for over 22 years in South Africa and for more than ten years in Botswana and Namibia, will be held under the theme of heroines...Read More
It feels good when it buzzes.The 2018 New Orleans Investment Conference just wrapped up, and despite a challenging resource space, the attendance at the conference this year leads me to believe there are better days ahead.Outsider Club founder Nick Hodge and I presented on the good, the bad, and the ugly in the junior resource space.Needless to say, there's a lot of bad and a lot of ugly out there...Read More
RAPAPORT... A rare Kashmir sapphire necklace could set a new auctionworld record when it goes under the hammer at Christie's Hong Kong sale onNovember 27.The Peacock Necklace - which will lead the Magnificent Jewels auction- contains 21 cushion-cut Kashmir sapphires weighing a total of 109.08 carats.The piece, with its 10.56-carat center sapphire, is estimated at $12 million to$15 million, ma...Read More
The Price of Gold appears to have bottomed, after declining since 2011.Here is a look at the weekly trend. Gold has carved out an ABC bottom, (C above A followed by a rise above B).The breakout at the blue arrow overcame six months of resistance.Price is now tackling the 200 week moving average at the green arrow. This chart courtesy Bloomberg.com shows the number of short positions in gold futur...Read More