By Cecilia Jamasmie Shares in rare earths producer Lynas Corporation (ASX:LYC) fell Monday after the Australian miner responded to media reports indicating the new Malaysian government was set to launch an official review of the company’s refinery, located in the province of Kuantan. While the Sydney-based miner had received no official notification as of Monday, […]
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By Bloomberg News For more than two decades, Mark Bristow has been a thorn in the side of Barrick Gold Corp. Now he’s its closest partner. The 59-year-old South African will take the role of chief executive officer at Barrick after the Canadian company inked a $5.4 billion deal to buy out Randgold Resources Ltd.
Barrick silences its biggest critic by buying out Randgold Read More »
By James Rickards This post Free-Riding Investors Set up Markets for a Major Collapse appeared first on Daily Reckoning. Free riding is one of the oldest problems in economics and in society in general. Simply put, free riding describes a situation where one party takes the benefits of an economic condition without contributing anything to
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By Brian Maher This post The Tripwire on the Next “Black Monday” appeared first on Daily Reckoning. “Black Monday” — Oct. 19, 1987 — remains the bloodiest one-day carnage in market history. 508 points the Dow Jones plunged that hell-sent day — an impossible 22%. A similar stock market event today would translate to a
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By Anwesha Sengupta Macarthur Minerals Ltd (TSXV:MMS) (the “Company” or “Macarthur Minerals”) is pleased to announce the closing of the first tranche of a non-brokered private placement (the “Offering”) as announced on August 16, 2018. The subscriptions for tranche one totalled 14,252,400 Units at a price of CAD$0.025 per Unit for aggregate gross proceeds of
Macarthur Minerals Closes Tranche 1 of Private Placement Read More »
By Ashley Cowell RNC Minerals (TSX:RNX) (“RNC”), is pleased to announce that a new exploration drive on 14 Level at its Beta Hunt Mine intercepted and recovered visible coarse gold (see figure 2), providing further proof of concept that the structures containing the “Father’s Day Vein” discovery extend 200 metres (25 meters up dip and
High Grade Gold Structures Extended by 200 meters From Father’s Day Vein Discovery Read More »
By Ashley Cowell Great Panther Silver (TSX:GPR; NYSE:GPL) (“Great Panther”) and Beadell Resources Limited (ASX: BDR) (“Beadell”) are pleased to announce that they have entered into a Scheme Implementation Deed (the “Implementation Deed”) dated September 23, 2018, pursuant to which Great Panther will acquire all of the issued ordinary shares of Beadell by means of
By Cecilia Jamasmie Canada’s Barrick Gold (TSX, NYSE:ABX), the world’s largest bullion producing by value, is about to become even bigger as it has agreed to buy Randgold Resources (LON:RRS) in a $18.3 billion share deal. The new Barrick, valued at $24 billion including debt, would be now the world’s top gold miner by value
Barrick to buy Randgold for $18.3B forming giant global gold miner Read More »
Source: John Newell for Streetwise Reports 09/24/2018 Portfolio manager and technical analyst John Newell of Fieldhouse Capital Management charts a uranium and vanadium explorer that is showing some movement. Western Uranium and Vanadium Corp. (WUC:CSE; WSTRF:OTCQX) has broken out of an 18-month basing pattern and met two targets from the last published chart. Western Uranium
Vanadium and Uranium Explorer Showing Technical Strength Read More »
Source: Streetwise Reports 09/24/2018 The gold explorer and developer announced that three new exploration targets will be drill tested. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced expanded exploration and development plans for the remainder of 2018 on its 100%-owned and controlled Railroad-Pinion Project in Nevada’s Carlin Trend. “Work this autumn will focus on 1) drill
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