By Brian Maher This post Markets Confront Shocking Paradox appeared first on Daily Reckoning. “Can a tightening be considered effective if financial conditions… ease?” Claudio Borio, head of the Bank for International Settlements’ Monetary and Economic Department, here poses a thumping question. The Federal Reserve bumped interest rates 0.25% one week ago today — its […]
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By Cecilia Jamasmie World’s largest miner BHP (ASX, NYSE:BHP) (LON:BLT) is said to have hired Goldman Sachs to assist in the sale of the Western Australia-based Nickel West, four years after giving up on the plan to divest the asset because it could find a suitor to meet price expectations. In 2017, the last time
BHP steps up efforts to sell Nickel West business in Australia — report Read More »
By Zach Scheidt This post Buy This “Trade War-Proof” ETF appeared first on Daily Reckoning. Yesterday morning, I woke up to a handful of frenzied news alerts on my iPhone. The headlines pointed to the “plummeting” markets, thanks to the latest round of trade war threats between the Trump administration and China. “Oh brother, here
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By Cecilia Jamasmie Mining infrastructure supplier Mineral Resources (ASX: MIN) has bowed to Australia’s richest woman, Gina Rinehart, in the battle for junior iron ore miner Atlas Iron (ASX: AGO), by saying Wednesday it would not make an offer to counter her A$390 million ($288 million) cash bid. Fortescue Metals still has a 19.9%-stake in
Australia’s Mineral Resources drops out of race for Atlas Iron Read More »
By Michael Allan McCrae Canadian-gold junior Brixton Metals intends to create a standalone cobalt company from its Langis and Hudson projects. Brixton intends to maintain exposure to the cobalt assets through a retained equity interest in the spin-out company. The CEO of Brixton, Gary Thompson, hopes to unlock some of the company’s value. “Given the
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Source: Streetwise Reports 06/20/2018 ROTH Capital Partners initiated coverage and reviewed this energy company’s U.S. projects. In a June 18 research note, analyst John White reported that ROTH Capital Partners initiated coverage with a Buy rating on Torchlight Energy Resources Inc. (TRCH:NASDAQ), which “offers very significant upside.” ROTH’s price target of $1.75 per share compares
US Oil & Gas Small Cap Has ‘Potential for Significant Upside’ Read More »
Source: Streetwise Reports 06/20/2018 Drilling was completed on two holes at a site in British Columbia’s Golden Triangle. Pretium Resources Inc. (PVG:TSX; PVG:NYSE) recently reported the results of underground exploration drilling east from the Valley of the Kings. Two holes over 1,500 meters in depth intersected Brucejack-style mineralization. Proximity to porphyry-style mineralization at depth was
Gold Miner Notes Extension of Brucejack-Style Mineralization Read More »
Source: Maurice Jackson for Streetwise Reports 06/20/2018 Maurice Jackson of Proven and Probable explores the prospects for investment in uranium with Mickey Fulp, the Mercenary Geologist. Maurice Jackson: Joining us for a conversation is Mickey Fulp, the Mercenary Geologist, as we will discuss Is it time to get into Uranium. Mickey, we have some interesting
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Source: Streetwise Reports 06/20/2018 An independent resource estimate report has been completed and filed on SEDAR; a PEA is expected within a few months for a project that has the potential to be a major supplier of lithium products. Cypress Development Corp. (CYP:TSX.V; CYDVF:OTCQB; C1Z1:FSE) recently announced it has filed a National Instrument (NI) 43-101
Lithium Explorer Files Resource Estimate Report for Large Nevada Project Read More »
Source: Streetwise Reports 06/20/2018 A BMO Capital Markets report outlined the pending arrangement between the two entities. In a June 18 research note, Andrew Kaip, an analyst with BMO Capital Markets, reported that Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) acquired a silver stream from Falco Resources on its Horne 5 project in Quebec for CA$180
Royalty Company Acquires Silver Stream in Quebec Read More »
