Surging Chinese scrap copper imports that have doubled in the first half of 2021 are displacing to some extent refined cathode, concentrate, anode and blister imports, with analysis by Roskill expecting the situation to worsen and potentially cripple the copper price recovery.Copper - China's scrap rebalancing act threatens to de-rail the price recoveryAccording to Roskill data, China is currently...Read More
While the stock market is at all-time highs, gold isn't far behind.Sure, it's pulled back some, but prices are around 90% of their peak last year and trending up.This may seem counterintuitive with both rising at the same time. In some ways it is, but it isn't.It isn't just a doom-and-gloom counter-narrative, though plenty of gold haters always see any rise in gold prices that way.Instead, what we...Read More
Exhibit 1 Location of exploration targets of the Nassau gold project, Suriname. Exhibit 2 Geology, sampling results, and drilling plan of the Carbonara Grid, Nassau Gold Project, Suriname. TORONTO, July 27, 2021 (GLOBE NEWSWIRE) -- 79North Inc. (CSE: JQ; OTCQB: SVNTF; FRA: 6120) ("79North" or the "Company") is pleased to announce that diamond drilling has commenced at the Carbonara gold zone of th...Read More
Revitalizing Mineral Exploration and Development in the Prolific Gaspe Peninsula, QuebecRead full newsRead More
The illegal mining of gold from Colombia's rivers and waterways is on the rise, according to a report from the United Nations Office on Drugs and Crime published on Tuesday.Read full newsRead More
UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More
Iron ore dropped 10% on the back of Chinese steel production cuts and a spec market caught long, Marex's Alastair Munro said from the LME desk on Friday.The benchmark MySteel Australian 62% fines lost 2.99% to $195/t."Gold is expected to move up or down $33 from Friday's close, putting a range of 1847 to 1781 in play on the week, and we can have a 68% probability of price holding in that range," P...Read More
As the economic recovery comes into question via the rise of the Delta variant, investors may be on edge. And rightly so. Looking for undervalued stocks is one such way to gain an edge on the market as well as gain defensiveness.These three stocks are some of the best value picks on the TSX today. Let’s dive in!Top undervalued stocks: Alimentation Couche-TardI’ve been pounding the tabl...Read More
Robinhood (NASDAQ: HOOD) went public last week.It was the worst debut ever for an IPO of its size.Those who despise Robinhood took great joy in its failure of a debut. Of course, many of those who hate on Robinhood are the Wall Street elite and regulatory henchmen who don't want "regular people" getting access to the same trough of gambling chips that they've had for decades.Don't get me wrong. Ro...Read More
Let's kick things off this week with a rather morbid statistic:Your overall probability of dying doubles approximately every eight years. According to a mathematical phenomenon called the Gompertz-Makeham law, our bodies break down on a bizarrely predictable schedule. You'll notice this particular graph maxes out at 100 years. Around this point, statistically speaking, we humans are all but guar...Read More
Dear Outsider,Just when you thought this pesky little virus had run its course, our keepers in Washington are telling us to mask up again.It turns out yet another strain of the virus, the B.1.621 variant, is spreading across Florida. That's in addition to the Delta variant we've been hearing so much about.We've known from the start that mRNA viruses mutate and there will likely be countless mutati...Read More
Em nossa Conex??o de hoje com o Programa Voluntariar - Conhecimento, Lucas Tamietti, que trabalha na ??rea de TI da Jaguar ...Read More
The illegal mining of gold from Colombia's rivers and waterways is on the rise, according to a report from the United Nations Office on Drugs and Crime published on Tuesday.Read full newsRead More
UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More
Wheaton Precious Metals (TSX:WPM)(NYSE:WPM) recently added two high-quality assets to the company’s portfolio. This included a gold and silver stream on the Marmato mine located in Colombia and a silver stream on the Cozamin mine in Mexico. These are valuable additions to the company’s asset base as both projects demonstrate strong upside potential and should provide Wheaton’s sh...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) still appears to be only at the beginning of an exciting and rewarding journey. The company appears well-equipped in every way to build on what it has and to find and exploit new opportunities, including any openings offered by the ongoing dynamics of the gold industry.Barrick is focused on better water usage at the company’s gold production facilities, and...Read More
While most stocks have recovered from the pandemic now and are setting all-time highs, gold stocks have been on sale for some time, trading extremely cheap.One of the reasons gold fell out of favour earlier this year was that investors no longer needed as much of a safe haven investment. The opportunity cost of leaving capital invested in gold stocks meant missing out on other high-quality bu...Read More
Global phenomenon Tesla (NASDAQ:TSLA) hit headlines once again, as the company reported record revenue for the quarter. Even as Tesla stock was expected to see growth, this was unexpected by analysts. The company delivered more than 200,000 vehicles for the quarter — a record for the company. On top of that, it reached US$11.958 billion in total revenue — up 98% year over year! Ad...Read More
Gold futures traded at US$1835.80 an ounce, the highest level since mid-June, and rose as high as $1837.50/oz."Gold is trading firmer following the FOMC meeting; however, the move still seems underwhelming given the latest move in real rates and the US dollar," UBS said."Market participants have been wondering about gold's relationship with real rates, which seems to have broken down since the Jun...Read More
Despite the forced curtailment of staff movements and ongoing shortages of road train drivers, ore shipments rose 27% from the March quarter to a record 5.2 million tonnes (wet), bringing the full year total to a record-smashing 17.3Mt. The company had targeted revised full-year guidance of 17.4-18Mt, but congestion at the Kwinana Port meant three shipments were delayed. Production...Read More