Mining analyst Eric Coffin joined Kitco.com’s Daniela Cambone for a brief interview Thursday. SPECIAL OFFER: Take Eric Coffin’s world renowned Hard Rock Advisory newsletter for a three month test drive for only $9 here. Coffin would like to see some mining companies stop or cut production to signal to traders and the market that the… Continue Reading

Via Energy and Gold.com: This is a fascinating chart showing a large spike in short interest in S&P 500 stocks during the last couple of months:    Short interest (number of total shares sold short) had been in a relatively tight range for the last few years. Last month’s surge has brought short interest back… Continue Reading

Minerals and Environmental Engineer Tim Oliver joins Andrew Bell’s Commodities Television program on Canada’s Business News Network (BNN). Here’s a direct link to the video segment. Mr. Oliver is talking about potential red flags in the engineering and economic studies of mineral exploration and development companies. He says these studies often have no discernible schedule… Continue Reading

Via Energy and Gold.com: The best trade setups occur when many different factors align simultaneously. Case in point the IBB (Biotech iShares) chart today:   Here are the factors which lined up simultaneously today: ‘Oversold’ (RSI-14 below 30) Down 7 consecutive days Below lower 3-standard deviation Bollinger Band On track for more than 4x average… Continue Reading

After last week’s announcement from the Federal Reserve to maintain interest rates at near-zero, its decision to do so appears justified following a spate of disappointing early-week economic data, headlined by lower Purchasing Managers Index (PMI) readings for China and the Eurozone. Markit also released its PMI reading for the United States, which currently sits… Continue Reading

It’s been a busy week at CEO.CA and we wanted to share some of the highlights in case you were too busy to stop by as often as you would have liked. There are high-quality projects being advanced and value is being created, even if it’s unrecognized in these markets. Enjoy your weekend and stop… Continue Reading

With almost $600 million in the bank, NSU has cash to back 80% of its share price. And it pays a dividend. And it’s expanding its profitable mine. Investors are taking note: Nevsun has outperformed the S&P/TSX Capped Diversified Metals & Mining Index by 40% since June. The big resource picture is still unclear. No… Continue Reading

Ascot Resources (AOT.v) is out with drill results and some impressive intercepts at its 100-sq-km property near Stewart in northwestern B.C., which includes the historic Premier Mine. Drilling highlights in the “Lunchroom subzone” included 226 g/t Au over 1 metre within a broader zone of 12.77 g/t over 53.89 metres in Hole P15-860, and 284 g/t… Continue Reading

The Clinton Giustra Enterprise Partnership is partnering with the UK’s Department for International Development and Unilever to create “Transform” – a new initiative to improve health and well-being for up to 100 million people in developing countries by 2025. The focus is sub-Saharan Africa and South Asia. The announcement comes the week the United Nations adopts… Continue Reading

Stornoway Diamonds Canadian diamond developer Stornoway Diamond Corp. has updated its mineral resource at Renard as construction of Quebec’s first diamond mine continues. Highlights include: A 16% increase in the Indicated Mineral Resources of Renard 2 to 21.6 million carats achieved through the conversion of Inferred Mineral Resources to 700 meters depth. An 11% increase… Continue Reading

Ivanhoe Mines’ deal to sell a stake in its Kamoa copper project to China’s Zijin Mining has received the green light from the Democratic Republic of Congo, which had earlier objected to the sale. The agreement sees Zijin Mining pay US$412 million to acquire 49.5% of the shares of Kamoa Holding Limited, which owns 95%… Continue Reading

Yukon gold developer Kaminak Gold is out with an updated resource estimate that increases grade, oxide ounces and the indicated resource at its Coffee gold deposit. The update comes after a 70,000-metre infill drilling program on the four main Coffee deposits, Supremo, Latte, Double Double and Kona. The updated estimate of mineral resources for Coffee… Continue Reading

by Henry Bonner Over the last 12 to 18 months, we’ve seen some gold miners reach higher share prices. As we pointed out earlier this summer, there are winners and losers. Some companies, like Klondex Mines (KDX.CA), Detour Gold (DGC.TO), and Evolution Mining (EVN.AU) have moved higher over the last year. Others like Midway Gold… Continue Reading

On a day when commodity prices crashed again, it’s encouraging to note that some junior miner CEOs and company executives continue to see value in their share prices. I’m talking about purchases by insiders, which can be a positive indicator that a company’s stock is undervalued. Executives have multiple reasons to sell – for example braces… Continue Reading

NexGen Energy (NXE.v) continues to expand its Arrow project at the Rook I property in Saskatchewan’s Athabasca Basin by enlarging existing zones of high-grade uranium mineralization and discovering new ones. NexGen announced today it has discovered a higher-grade sub-zone with a strike length of 113 metres “characterized by substantial accumulations of dense massive and semi-massive… Continue Reading