I'm currently spending a small fortune to build a large wooden fence around my house.I say a small fortune because lumber prices are up almost 70% in the past year. And the Fed says inflation is too low...Anyhow, perhaps you caught my piece recently about the two escaped convicts who crashed a stolen car into my yard. That was the final reason I needed to actually pull the trigger and write the ch...Read More
Amr Alfiky/ReutersJPMorgan is set to pay almost $1 billion to settle charges from US regulators of spoofing in precious metals and Treasury m...Read full newsRead More
Amr Alfiky/ReutersJPMorgan is set to pay almost $1 billion to settle charges from US regulators of spoofing in precious metals and Treasury m...Read full newsRead More
Japan Gold is pleased to announce acquisition of the Kanehana ProRead full newsRead More
In times of trouble people still turn to gold. What makes it a safe haven? Largely perceptions, based on its historical mystique.Read full newsRead More
(Bloomberg) -- Skyrocketing gold is providing a welcome windfall to the mining industry, but it's also attracting a broader base of investors who are demanding greater attention to environmental, social and governance topics. Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Denver Gold Group's Americas c...Read More
A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.Read full newsRead More
Sep 21, 2020 (Baystreet.ca via COMTEX) --Analysts remain bullish on gold. UBS for example believes gold could run even further and remain high “for...Read full newsRead More
Volatility is back with a bang. Overvaluation has introduced a new level of risk to the pandemic-driven markets. Gold and tech stocks have seen certain names run by bulls to unsustainable levels. The past few weeks have seen tech stocks pulling back. This week, it was the turn of precious metals to see the beginning of a broader correction.Not quite a stock market crashMonday saw the S&P/TSX C...Read More
It was back in September 2015 that first reports surfaced about VW cheating with diesel emission readings, costing a number of senior company executives their careers and crushing the sales of VW'sRead More
To say that the 2020 Atlantic hurricane season has been an active one would be a gross understatement.In fact, there have been so many named storms this year that they've run through the English alphabet and moved on to the Greek alphabet.Of course, I mention this as Tropical Storm Beta dumps a massive amount of rain along the Texas coast.Fortunately for those oil platforms in the Gulf of Mexico,...Read More
Raymond James forecasts higher average prices for copper, nickel, lead, zinc and iron ore, but lower prices for uranium, its analysts wrote in a research note.The financial services firm has increased its average copper price forecast for this year to US$2.71 per lb., up from its previous estimate of US$2.62 per pound. Next year, it expects copper will average US$2.80 per lb. (up from US$2.70 per...Read More
Troilus Gold (TSX: TLG; US-OTC: SKREF) has initiated a 20,000-metre drill program at its flagship 1,073-sq.-km Troilus gold project in Quebec's Frotet-Evans greenstone belt.The program is designed to upgrade existing resources and grow mineralization across the past-producing property.Although the drilling is scheduled to take place by year-end, Troilus Gold chief executive Justin Reid said, "dril...Read More
Recent drill results from Rockliff Metals' (CSE: RCLF) wholly owned Tower property in central Manitoba have increased the strike length of the Tower deposit to 1,000 metres and hit mineralization at depths of 800 metres.Based on the potential for additional mineralization, Rockcliff has commissioned an updated resource estimate for Tower, which will be incorporated into the preliminary economic as...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) and Japan Gold (TSXV: JG) are expanding their footprint in the Asian country with the acquisition of the Kanehana project, which comprises 40 new claims and covers seven historic gold mines.The asset spans 124 sq. km and adjoins the west side of the Japan Gold's Ikutahara project on Hokkaido, the country's second-largest island.Under a joint venture formed in Fe...Read More
For a province of just over a million people, Saskatchewan punches above its weight in the Canadian mining industry. While potash and uranium continue to be mainstays in the province, there has been increasing diversification within the sector to include base metals, lithium, diamonds and rare earth elements.Like the rest of the country, Saskatchewan went into a lockdown in March as Covid-19 sprea...Read More
Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has retained B.C.-based Blue Coast Research to complete metallurgical test work and consulting for its Dixie gold project in Ontario's Red Lake district.The test work is expected to provide the gold explorer with metallurgical recovery estimates and processing flow sheet recommendations for the Dixie project zones, which are required to publish an in...Read More
Russian-Zimbabwean platinum venture Great Dyke Investments (GDI) has cleared an important hurdle to develop what it would be the African nation's largest mine of the precious metal.GDI, 50% owned by Russia's Vi Holding and Zimbabwean investors, said the African Export-Import Bank had completed a due diligence study allowing it to proceed with a $500 million funding program for the Darwendale proje...Read More
Share this article If you are an investor in resource stocks, then the first and a half months of 2020 have been very kind to you, especially so if your portfolio has been over-weighted to the gold/silver sector.I don't know the exact numbers, but I'm pretty sure that other than the high flying technology sector, the gold/silver sector has been the top performing market segment so far this year...Read More
The selloff continues. The S&P 500 is now 8% off its record high set earlier this month. The NASDAQ is 10% off. Gold is now down around 10% from its record high as well. This isn't a doom piece. The S&P had a gap to fill from when everyone thought the world was going to end in March. A little strength in the dollar. A dash of volatility in the couple tech stocks propping the whole thing up.....Read More