John Newell of Fieldhouse Capital profiles a small-cap explorer that he feels could see the same kind of advancement that Great Bear Resources experienced when its discovery hole sent the stock up 150%. To get some background on our investment thinking, look at my Great Bear Resources article published on Streetwise, which can be found here.In October of 2017, we spotted a technical formation in M...Read More
This Canadian company continues making progress on its discovery program. Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) announced in a news release it finished drilling at two of its six-project program in Nevada, Red Hills and Hughes Canyon, and commenced drilling at North Brown, which has never been explored.At Red Hills, the company rotary drilled nine holes over 2,342 meters (2,342m) beginni...Read More
Operations are back to their preclosure level. RDM MineLeagold Mining Corp. (LMC:TSX.V; LMCNF:OTCQX) restarted its RDM mine in Brazil on Nov. 20, 2018, it announced in a news release. The company unexpectedly and temporarily closed the mine in early October due to a local drought and, consequently, insufficient water availability to keep it up and running. Then the rainy season began and by Nov....Read More
This Canadian firm advances its Madagascar assets. DNI Metals Inc. (DNI:CSE; DMNKF:OTC), in a news release, provided an update on its filings for environmental licenses for its Madagascar assets and on its graphite offtake agreement with a Korean concern.Regarding the filings, the company got the necessary documents completed for environmental licensing for its Vohitsara and Marofody graphite pro...Read More
Liberal economist Paul Krugman proclaimed earlier this year that "gold is dead." Continue...Read More
Google intends to roll out a new line of sensors and cameras to monitor your moods, movement and even your child's behavior. RT America'sContinue...Read More
The Chinese government is imprisoning, torturing and "re-educating" millions of ethnic minorities in China according to Continue...Read More
"There are three fundamental drivers of the slowdown in the housing market, none of which are likely to soon reverse," the firm said. "(1) mortgage rates have increased Continue...Read More
The books "caution students to avoid friendship with members of other religions [...] encourage both violent and non-violent jihad against non-believers [and] espouse the Continue...Read More
A dividend of 0.35p (US0.45c) per share for the financial year ended June 30, 2018, was approved by an overwhelming majority at the company's annual general meeting on November 23.It will be paid out on November 30 to shareholders on the register on October 19.The company previously reported a net profit of US$11 million for the financial year, up 24% year-on-year, with group EBITDA also up 21% to...Read More
Will GE be the proverbial "black swan?" - It had come to my attention that General Electric was locked out of the commercial paper market three weeks ago after Moody's downgraded GE's short term credit rating to a ratings level (P-2) that prevents prime money market funds from investing in commercial paper. Commercial paper (CP) is an important source of short term, low-cost, liquid funding for la...Read More
A selection of uncut and unpolished emerald crystals from the Coscuez Mine, Colombia. Source: Fura Gems Inc.Fura Gems Inc. [FURA-TSXV; FUGMF-OTC; BJ43-FSE] said Monday November 26 that it is proceeding with a $5.25 million private placement that will be used to fund development of the company's emerald and ruby assets in Colombia and Mozambique.Fura is a member of the Forbes & Manhattan Group,...Read More
Share this articleCARACAS, Venezuela - Venezuela will hold onto its U.S.-based Citgo refineries, settling a lawsuit that threw ownership of the struggling country's prized assets into peril.Court papers show that Venezuela on Friday began paying off $1.4 billion that a panel said was owed to the Canadian mining firm Crystallex, following a disputed takeover of the company by the late-President Hug...Read More
On Saturday, I stopped by Royal Farms to grab a cup of coffee.The guy standing in line ahead of me was there to get change after pumping gasoline.I overheard him tell the cashier, "I've got change on pump seven. I can't believe gas is only $2.25. I thought $20 would fill it."Turns out he's not the only one surprised by lower gas prices.Social media was buzzing over the weekend with posts about che...Read More
Share this articleTORONTO - Canada's main stock index was higher in late-morning trading as the energy sector headed up amid rising oil prices, while U.S. stocks also gained ground.The S&P/TSX composite index was up 67.97 points at 15,078.70.In New York, the Dow Jones industrial average was up 343.58 points at 24,629.53. The S&P 500 index was up 33.55 points at 2,666.11, while the Nasdaq composite...Read More
Suddenly, the diamond sector is an exciting place to be.Personally, I feel a renewed sense of optimism about the industry after being a part of the first ever Diamonds Symposium, organized by DiC's publisher The Northern Miner in June.It was gratifying to see a great turnout at the event, proving that there is still a vibrant diamond community in Canada.But it's not just that we had a successful a...Read More
A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six kilometres from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper is based on 98 diamond...Read More
The first annual Diamonds Symposium, organized by The Northern Miner and Diamonds in Canada, spanned the earliest days of Canada's diamond rush in the early 1990s to present trends and predictions for the future.Held in Toronto in June, the event featured keynote speakers Grenville Thomas, Eira Thomas and independent analyst Paul Zimnisky, as well as corporate presentations and more.Here are a few...Read More
Newmont Mining's (NYSE: NEM) Ahafo mine in Ghana started producing gold from an open pit in 2006 and now the underground portion of the mine has launched commercial production on schedule and within budget.Starting next year, Subika underground will add an average of between 150,000 and 200,000 ounces of gold production a year over the first five years of an initial mine life of about ten years.Th...Read More
Investing.com - Bitcoin was trading at $3,679.2 by 15:42 (10:12 GMT) on the Investing.com Index on Sunday, down 20.34% on the day. It was the largest one-day percentage loss since Wednesday, January 14, 2015.The move downwards pushed Bitcoin's market cap down to $63.9B, or 54.51% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.Bitcoin had traded in a r...Read More