News

By analyst By Nadia Lepak A recently released annual report by the Antwerp World Diamond Centre (AWDC) and Bain & Company revealed that diamond producers experienced a 20% revenue increase in 2016 from the year prior. For the top five diamond producers, aggregate operating profit for 2016 rose about 3%. While rough-diamond prices experienced declines […]

By analyst By Michael Allan McCrae Lithium miners and juniors on the TSX closed US$42 million of financing during the month of October. The largest financing of the whole group was Neo Lithium which closed US$23M for its 3Q project located in Province of Catamarca, Argentina. Companies in the technical metal space—cobalt, graphite and lithium—closed

By Rob Otman Sonic (Nasdaq: SONC) is a $2 billion company today. Investors that bought shares one year ago are sitting on a 3.2% total return. That’s below the S&P 500’s return of 21.56%. Sonic stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to

By Adam Sharp The president of Venezuela announced this month that the country will launch its own cryptocurrency (aka crypto). Apparently the new monetary unit, called the “petro,” will be backed by oil and gas reserves. The move comes as the Venezuelan bolivar has collapsed, and U.S. sanctions have crippled the country’s ability to trade

By Cory Maybe We Were All Wrong On Timing For QE and Inflation Marc Chandler joins me this week to outline his thoughts for next year. With the ECB and possibly BoJ slowing their easy money policies Marc thinks we could see an uptick in inflation. This makes us reassess the thought that when central

By Greg Guenthner This post Stocks in 2018: The Rally Goes Crazy appeared first on Daily Reckoning. We’re kicking off a wild week of stock market predictions in style today. Our first swing at a market forecast for 2018 begins with stocks. Specifically, I’m talking about the S&P 500. Most serious analysts have already said

By analyst The rise of private money (bitcoin) combined with the rise of China and India as economic empires is popping these bubbles. Against bitcoin, fiat is now burning like an out of control wildfire. … …read more Source:: PRNewswire-Mining and Metals The post Stewart Thomson: “Fiat On Fire: Key Investor Tactics” appeared first on

Source: Adrian Day for Streetwise Reports 12/19/2017 Adrian Day of Adrian Day Asset Management provides updates on two resource companies, one of which has “exciting recent reports.” Miranda Gold Corp. (MAD:TSX.V, 0.055 x 0.06) has seen much news recently. First, Ken Cunningham resigned as chairman, and leaves the board. He was the long-time CEO (since

By analyst By Valentina Ruiz Leotaud Media reports from Sierra Leone say that Pastor Emmanuel Momoh will not receive the entire proceeds from the sale of the giant ‘Peace Diamond,’ which he found in the Kono district, located in the Eastern Province of the African country. According to such reports, the National Minerals Agency, which

By analyst By Valentina Ruiz Leotaud Barrick Gold (TSX, NYSE:ABX), the world’s top bullion producer by volume, signed an agreement with fellow Canadian junior Skeena Resources (TSX.V:SKE) granting it the option to acquire a 100% interest in the past-producing Eskay Creek property, located in the Golden Triangle of northwest British Columbia. Discovered in 1988, the