Good morning investors, We’ve seen this movie before, but the sequels seem to be popular: Commodities are getting clobbered to start the week as the U.S. dollar surges higher in anticipation of an interest rate hike. Copper – down 1.4% to $2.06/lb (down more than 20% YTD) Nickel – down 4.8% to $3.76/lb (down more… Continue Reading
A look at my top press releases in the mining world this morning. Luna Gold – (LGC:TSX) – Fantastic news for struggling gold company Luna Gold shareholders this morning announcing a $20 million debt and $10 million dollar equity financing with Pacific Road Resources Funds. LGC is not out of the woods yet though as… Continue Reading
A flurry of positive news releases from mining companies this morning. Here are five that caught my eye with a brief comment on each. Klondex Mines (KDX:TSX) – Klondex released updated mineral reserves at the Fire Creek Project and Midas Mine. Fire Creek has proven and probable reserves of 238,700 ounces at 1.285 ounces per ton.… Continue Reading
