Three leading Canadian financial commentators bring their insights on technology, mining and investing to Youtube: Y’all know that I love making web content… So when Agoracom chief market commentator Allan Barry Laboucan asked me to join him in a Google Hangout with veteran Canadian business journalist and broadcaster Pat Bolland, my response was simply, “Aw, hell yea!” The gentlemen… Continue Reading
Here are the companies with news out this morning that caught my eye with some additional comments on each. Atac Resources – (ATC:TSXV) -Atac has announce plans for a phase 1 work program this summer at the Rackla gold project in the Yukon. Phase 1 is estimated at a cost of $3 million US which… Continue Reading
A look at some of the news releases that caught my eye on Monday morning and my comments. Ivanhoe Mines – (IVN:TSX) – Ivanhoe shares are catching a bid this morning up 18% at press time. China-based Zijin Mining Group will be acquiring a 9.9% stake in Ivanhoe through a private placement at C$1.36 per share. Ivanhoe… Continue Reading
Over the weekend a number of African media outlets including Tigrai Online (an Ethiopian news source) have claimed that the Bisha mine operated by Nevsun Resources (NSU.TSX) was the target of an attack by the Ethiopian air force during two bombing raids. According to the reports, the air force also targeted an Eritrean military depot.… Continue Reading
By Henry Bonner ([email protected]) Read online > 2015 is well underway and starting to look at lot like 2014. Commodity markets remain weak with uranium, copper, gold and oil prices still near their lows.1 Rick Rule, Chairman of Sprott US Holdings, sat down with me recently to discuss the resource and precious metals markets. Rick,… Continue Reading
Here are my top news releases for this morning. Mart Resources (MMT:TSX) -Mart is out with positive news this morning that the government of Nigeria has approved the completion of the OML 18 transaction. Mart is a member of a consortium of companies that will acquire 45% of the OML lease with the Nigerian National Petroleum Corp owning… Continue Reading
Gold prices ended the day up 2.14% to $1172 after the Fed statement was released and a press conference was held with Fed chair Janet Yellen. The bottom line for investors is that the Fed is close to raising interest rates but remains cautious with no specific date yet and lower forecasts for year end.… Continue Reading
A look at some of the headlines this morning that caught my eye and some more details on each. Dynacor Gold Mines (DNG:TSX) – Dynacor Gold has received the final construction permit for a new gold processing plant in Peru. The new plant will have processing capacity of 300 tpd but will be designed so it… Continue Reading
Via Energy and Gold.com: The ultra-strong US dollar (USD) is making its presence felt throughout the globe and is on the verge of wreaking havoc on a much larger scale. A premature Fed rate hiking cycle could be the catalyst to send the USD into overdrive and send global markets tumbling lower – 4 charts that… Continue Reading
Ivanhoe Mines (IVN.TO) shares are up 18.8% today, last at C$1.01 at press time, and up over 35% in the past few weeks. Over @ chat.ceo.ca, we’re speculating either Executive Chairman Robert Friedland is marketing the story to new investors somewhere, or possibly there’s an event relating to a strategic review process currently underway of… Continue Reading
A few of my favourite news releases out this morning and what I think about them. All commodities are in the red in early trading except for natural gas. Red Eagle Mining – (RD:TSXV) – After the big news of announcing the receipt of the environmental permit last week Red Eagle has more news out… Continue Reading
The main driver of the US equity bull market and the recent slew of all-time highs has undoubtedly been corporate stock buybacks. Nearly 3/4 of S&P 500 companies (72%) participated in share buybacks during the 4th quarter of 2014 and the total dollar amount of share buybacks was the 2nd largest ever, second only to… Continue Reading
A few more news releases that caught my eye today and some comments on each. Teranga Gold – (TGZ:TSX) – Teranga had positive news this morning that they have successfully received an environmental license for the high grade Gora satellite deposit. The deposit sits ~25 km from the current mill and construction on a road… Continue Reading
Imagine self-publishing 500,000,000 books. It happened and I’m going to tell you how. Everyone says that technology right now gives more opportunity than ever to “choose yourself”. That only now we have the opportunity to escape the cubicle and live a life of freedom. This is not true. Freedom starts with the choice inside yourself.… Continue Reading
A quiet morning so far on the news front. Just one story I have found interesting to investors this morning so far that being Nevsun Resources. Oil is below $46 off 2.5% this morning as the IEA says that oil supply is building and that the US oil production has yet to see any signs… Continue Reading
