The Real Vision precious metals series continues Tuesday. Yesterday, Lyn Alden of Lyn Alden Investment Strategy provided a macro analysis of gold and silver by comparing historically their prices relative to money supply, interest rates, and equity valuations. Meanwhile, Ron William makes the case for a bullish precious metals environment using technical indicators and chart patterns (premium vid...Read More
The SPDR Gold Trust (GLD) is increasingly resorting to sourcing gold bars at the Bank of England - at least 70 tonnes of gold and possibly up to 150 tonnes.Read full newsRead More
Vancouver, BC August 18, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") has commenced work on a Preliminary Economic Assessment ("PEA") of the Long Valley project ("Project" or "Long Valley") located in Mono County, California. Engineering is well advanced, with results expected in late Q3 2020.Scott Trebilcock, President and CEO stated, "Long Valley is a large, sh...Read More
After a Winklevoss encounter highlights Elon Musk's space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings.Read full newsRead More
Warren Buffett's Berkshire Hathaway bought a stake in Barrick Gold in the second quarter, a Friday filing showed. Barrick Gold surged as much as...Read full newsRead More
Spot gold was up around US$1,990 an ounce earlier but was at $1,981/oz at the time of writing.Meanwhile, word of Warren Buffett's Berkshire Hathaway investment in Barrick Gold sent the gold major up 11.32% yesterday to within C$1 of a one-year high.Other gold equities gained in Toronto, including Equinox Gold (TSX: EQX), Victoria Gold (TSX: VGXC) and Wesdome Gold Mines (TSX: WDO), which all rose m...Read More
Gold has rarely been out of the headlines this summer, with prices of the precious metal soaring. Barrick Gold (TSX:ABX)(NYSE:GOLD) leapt more than 11% yesterday on the news that Warren Buffett had made a significant investment in the world-class miner. With prices heading for the atmosphere, US$3,000 and higher seem almost logical in the topsy-turvy pandemic market. But which stocks should invest...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) stock soared almost 11% after Warren Buffett-led Berkshire Hathaway disclosed its stake in the miner. Barrick stock is up more than 65% this year and is currently trading close to its eight-year high.Warren Buffett and goldThe uptrend in the stock could continue at least in the short term, as Buffett followers try to get on board, too. Moreover, rallying gold pric...Read More
You’ll be surprised to know that a few stocks on the S&P/TSX 60 Index continue to do well irrespective of where the market or economy goes. These stocks are among the best-performing Canadian companies that continue to generate steady growth and are unlikely to take a hit even if the economy slips into a recession.So, if you are looking for the right investments, these are the three best...Read More
Warren Buffett was never a big fan of gold. He slammed the shiny metal, calling it an unproductive asset, which, unlike other assets like farms, generates nothing for investors over time. So, it may have come as a surprise when the man announced his stake in Canadian gold miners Barrick Gold (TSX:ABX)(NYSE:GOLD), with gold prices well above their mid-cycle levels.If you’re confused over Warr...Read More
Until some time back, heavy equipment rental companies were seen as a quick fix for unexpected orders or challenges that would prop up during infrastructure and construction activity. The last decade saw infrastructure and construction companies incorporate rentals as part of their overall strategy.However, today, as the world adjusts to a normal where lockdowns could be declared at a moment&rsquo...Read More
Having announced solid production H1 figures Read More
Congratulated by several analysts on a conference call for FY20 results in line with guidance and including circa-45% higher revenue and EBITDA, year-on-year, in a period seen as very testing forRead More
Share this articleTORONTO - The materials sector, which includes the gold miners, helped lift Canada's main stock index in early trading Tuesday as the price of gold topped US$2,000 an ounce.The S&P/TSX composite index was up 32.13 points at 16,688.25.In New York, the Dow Jones industrial average was down 4.23 points at 27,840.68. The S&P 500 index was up 7.85 points at 3,389.84, while the Nasda...Read More
Oil has had an interesting year. Prices started out in the high $50s a barrel and then famously went to negative $38 a barrel before bouncing back sharply to $43 a barrel where we stand today.It was a great flying "V" of a year in oil. But we are in the business of making money. And to make money, we need to know not where oil has been but where it is going.A glance at today's news tells us that o...Read More
Warren Buffett has never been a big fan of gold. At Berkshire Hathaway's annual general meeting in 2005, the billionaire investor said the precious metal "would be way down on my list as a store of value" and "I would much prefer owning a hundred acres of land near Nebraska, or an apartment house, or an index fund." And while that response to an investor's question is now fifteen years old - his v...Read More
Corvus Gold (TSX: KOR; NASDAQ: KOR) has released the results of 10 holes completed at its Mother Lode project in Nevada. The drill program has expanded the Central Intrusive (CIZ), Upper Oxide and North targets, and returned higher than expected grades from the Main zone sulphide unit.Drill highlights from the Central Intrusive include 29 metres of 2.21 grams gold per tonne starting at 468 metres;...Read More
U.S.-based Odyssey Marine Exploration hasn't given up its intentions to move forward with a phosphate seabed mining project in Mexico's Exclusive Economic Zone (EEZ), despite two permit rejections.The Florida-based company, through its Mexican subsidiary Exploraciones Oce??nicas, aims to dredge phosphate sands from one of the American continent's biggest deposits of the fertilizer.The asset, locat...Read More
Silver One Resources (TSXV: SVE; US-OTC: SLVRF) has released an updated resource estimate for the heap leach pads at its Candelaria project, 209 km southeast of Reno, Nevada.Indicated resources stand at 22.2 million tonnes, grading 42.1 grams silver per tonne (based on fire assay grades), and contain 30 million oz. silver, with an additional 11.5 million inferred tonnes, at 41.8 grams silver per t...Read More
Americas Gold and Silver (TSX: USA) has announced drill results from two holes at its Galena complex in the Silver Valley of northwest Idaho, 3 km west of Wallace in Shoshone County. The Galena Complex consists of the operating Galena mine, the Galena processing plant, the Coeur mine, and the Coeur processing plant, both of which are on care and maintenance, and the Caladay exploration project.Dri...Read More