Blog

The S&P/TSX Venture Composite index (INDEXTSI:JX) was up 1.43 percent last week to 538.06 points. In the past month, the index has risen roughly 48 points, or 9.96 percent.  A number of companies from the mining and resources sector have supported that rise. Rusoro Mining (TSXV:RML) was the top gaining stock for the week, followed by Pure Gold Mining (TSXV:PGM), Scorpio Gold (TSXV:SGN), Barkerville Gold Mines (TSXV:BGM) and Marlin Gold Mining (TSXV:MLN).   Get Our Expert Guide to Silver Investing FREE!   Download this FREE Special Report, When Will Silver Go Up: Is the Highest Price of Silver Still to Come?   Rusoro Mining [...]

Northern Vertex Mining Corp (TSXV:NEE) announced a Non-Brokered Private Placement of up to approximately 7.81 million units at a purchase price of $0.32 per Unit, for aggregate gross proceeds to the Company of up to $2,500,000. As quoted in the press release: Each Unit consists of one common share (“Common Share”) of the Company and one transferable share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire one Common Share at an exercise price of $0.50 for a period of 36 months from the closing date of the Private Placement. A cash finders’ fees within TSX Venture Exchange policy [...]

Buy gold as “insurance is warranted” Deutsche Bank have advised in a note issued today.The embattled German bank has said that rising economic risks and market turmoil mean investors should buy gold for insurance.Market Performance – 2016 YTD via Finviz.com “There are rising stresses in the global financial system; in particular the rising risk of a U.S. corporate default cycle and the risk of a sharp one-off renminbi devaluation due to the sharp increase in China’s capital outflows,” Deutsche Bank added.”Buying some gold as ‘insurance’ is warranted,” as reported by CNBC. LBMA Gold Prices 26 Feb: USD 1,231.00, EUR 1117.58 and GBP 878.87 per [...]

In this week's Bluesheet, we've reviewed early Walkers (pre-1920) and the entire Standing Liberty Quarter series, and it's clear that these two series are among the hottest series in the certified U.S. coin market at this time. The numbers on pages 6 and 11, respectively, speak for themselves. A further observation on our part is that the differential between the Blue and Greysheets for these two series is also tightening. The explanation for this is most likely collector demand. The better dates of both series are quite difficult to find in dealer inventories, especially in the grades covered by the [...]

2015 was a tough year for the mining space, and while 2016 is shaping up to be at least a little better, many investors are still wondering how to find the best mining companies to invest in. One place to consider looking is the TSX Venture Exchange’s TSX Venture 50 list. Released annually, it ranks the exchange’s strongest performers across five sectors: cleantech, diversified industries, oil and gas, technology and life sciences and, of course, mining. Companies are chosen based on three equally weighted criteria: market cap growth, share price appreciation and trading volume. According to the exchange, the companies on this year’s [...]

Precious metals futures declined Thursday. Losses in gold and silver were their first in three sessions, though the former changed only little. Gold for April delivery slipped 30 cents to settle at... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Comstock Mining Inc. (NYSE MKT: LODE) is pleased to provide additional updates on the first phase of the Company’s Lucerne underground exploration activities, located in the historic Comstock District in Northern Nevada. As quoted in the press release: The Company continues to define high-grade mineralization in the Quartz Porphyry mineralized mass (“PQ Target”), of increasing lengths, positioned in the center of the Lucerne geological corridor and mineral resources. Comstock Mining President and CEO, Corrado De Gasperis, stated: We continue encountering longer and higher grade mineralized intercepts as we move north past the Succor intersection and beyond. We see this trend continuing [...]

Trevali Mining Corporation (TSX:TV) announced a January and February month-to-date mine and mill commissioning update for its Caribou Zinc Mine in the Bathurst Mining Camp of northern New Brunswick. As quoted in the press release: Following the Caribou mill zinc circuit modifications undertaken in late-December and early-January, year-to-date performance is exhibiting improved availability, utilization, throughput and stability on a daily basis to achieve an average throughput of approximately 2,707 tonnes-per-day (“tpd”) in February MTD. Importantly, overall process variability continues to decrease on a month-to-month basis. Additional detail and current metallurgical improvement initiatives are provided below. Table 1: Caribou Mill – key commissioning [...]

When business lobbies warn that voting Left would lead to a period of political instability that would hurt the economy, it’s easy to understand cynicism from the Left-wing parties. Someone should remind business lobbies, corporations and banks that it was the people at the commanding heights of banks and business who ruined the economy last time.David McWilliams, a respected economist and commentator has written an interesting article ahead of the Irish election where he points out the importance of normal every day people and businesses and indeed of “animal spirits” and psychology:Politicians should understand that they do not create jobs; nor [...]

While it’s perhaps most important for silver-focused investors to be aware of how the metal is traded and when its price may rise again, those interested in the metal would also do well to be aware of which country has the most silver. Knowing which country has the most silver is important for a number of reasons. Perhaps most crucially, having that knowledge can help investors identify silver investing opportunities. For example, if an investor is aware that a country is a major silver producer, they might consider investing in silver companies working in that country. A silver investor following [...]