http://goldstocktrades.com/blog Disclosure: Author (Jeb Handwerger) owns shares and they are featured sponsor companies. Sponsors are website advertisers so ...Read full newsRead More
BEIRUT, LEBANON (3:30 P.M.) - The Greek media reported on Tuesday, that the Greek Armed Forces are on high alert, at a time when the eastern MediterraneanRead full newsRead More
Energy companies have begun taking back millions of barrels of oil from the U.S. government's emergency stockpile after renting storage in the facility to help manage a glut of crude this spring after energy demand collapsed during COVID-19 lockdowns, a Department of Energy website showed on Monday.Read full newsRead More
THUNDER BAY - The Ontario government is providing $845,566 to help two companies in Thunder Bay develop new products and technologies that will support the health sciences sector and create skilled worker jobs. The funding will be delivered through the Northern Ontario Heritage Fund Corporation (NOHFC)."Supporting the health sciences sector across Northern Ontario is an important part of our gover...Read More
Miner Barrick beats profit estimates as gold prices surge, warns on Papua New Guinea mineRead full newsRead More
On Monday and Tuesday we heard from two outstanding guests on Real Vision. Milton Berg, Founder and CIO of Milton Berg Advisors, joined Ed Harrison yesterday to highlight a series of bullish signals that are flashing for stocks. There is only one problem. The signals are late. That has led Berg to wonder if US stocks are now trading more like commodities than equities.On Tuesday, we had one my fa...Read More
...real rates have been negative before during the 1940s in the post WW2 Era and in the 1970s STAGFLATION.Read full newsRead More
...real rates have been negative before during the 1940s in the post WW2 Era and in the 1970s STAGFLATION.Read full newsRead More
SK Innovation will commercialize the world's first nickel cobalt manganese (NCM) batteries that contain 90 percent nickel, according to industry sources on August 10. ?EUREURThe South Korean battery maker will supply lithium-ion batteries that contain 90 percent nickel, 5 percent cobalt and 5 percent manganese inside cathodes to Ford F-150 electric pickup trucks set for release in 2023, they said....Read More
Barrick Gold Corp. profit and revenue rose for the second quarter as it made changes to its operations at mines due to the Covid-19 pandemic,and it said it stayed within its 2020 production guidance range.Read full newsRead More
The U.S. government will reimpose a 10% tariff on some aluminium imports from Canada as of Aug. 16, U.S. President Donald Trump announced during a campaign event at a Whirlpool plant in Clyde, Ohio, on August 6.In response to the U.S. president's announcement, the Canadian government has said that it will impose a $3.6 billion (US$2.7 billion) tariff on U.S. aluminium products starting from Sept...Read More
Speculation is rife that the stock markets could crash again in 2020. Government support and the rush to bring a COVID-19 vaccine to the market fueled one of the fastest recoveries in the stock markets that I have ever seen.Over the last four months, the Canadian stock market recovered most of its lost ground with the majority of top TSX stocks rebounding strongly. However, the stock market’...Read More
Gold has rallied almost 27%, while top miner stock Barrick Gold (TSX:ABX)(NYSE:GOLD) is up 60% this year. While the stock is indeed expensive, its second-quarter earnings underline the growth path.Let’s see what’s next for the world’s second-biggest gold miner.Barrick Gold: Q2 EarningsDriven by rallying gold prices, miners were expected to report fairly high quarterly earnings. B...Read More
Team at Warintza Credit: Solaris The initial hole from the first drill program in 20 years at Solaris Resources' 268-sq.-km Warintza project in south-east Ecuador hit 567 metres of 1% copper-equivalent (0.8% copper, 0.04% molybdenum and 0.1 g/t silver) starting at surface.According to the company, this most recent intercept expands the known mineralization at depth and suggests higher metal gra...Read More
The year 2020 has witnessed a major rally in the price of gold. With the U.S. dollar tanking, precious metals have been surging, sending gold to $2,032 as of this writing.This year’s gains cap several bullish years for gold. Up 35% over the past 12 months and 85% over the last five years, it has been seeing major positive momentum.Incredibly, some say the best is yet to come. Last week, an i...Read More
Aerial view of the plant at Aurizona Gold Mine in Brazil (foreground) and Piaba Pit (background). (Image courtesy of Equinox Gold.) In the second quarter, producer Equinox Gold generated a total of 127,016 oz. at all-in sustaining costs of $900 per oz. sold, from six mines in the Americas.Despite the covid-19 pandemic, Equinox still recorded its highest quarterly gold production in the quarter....Read More
Destruction caused by spilled tailings from the C??rrego do Feij??o iron ore mine in January 2019. (Image courtesy of Felipe Werneck | Ibama.) The Fire Brigade of Minas Gerais announced it will resume on August 27th the search for still missing bodies of 11 victims of the dam collapse in Brumadinho last year, which killed 270 people. Work was halted on March 21 due to pandemic protocols. The res...Read More
Pit operations at SSR Mining's Marigold gold mine in Nevada. Image from SSR Mining. A total of $8.86 billion worth of M&A deals were struck in the metals and mining industry globally during the second quarter of 2020, according to the latest report from GlobalData.This value represents an increase of 29.1% over the previous quarter and a decline of 14.4% when compared with the last four-quarter a...Read More
Clayton Valley project. Credit: Cypress Development Corp. Cypress Development (TSXV: CYP) on Tuesday released an updated mineral resource estimate for its Clayton Valley lithium project in Nevada, showing an approximate 55% increase in total resources over the estimates found in the May 2020 prefeasibility study (PFS).Measured resources increased to 574.1 million tonnes, averaging 1,081 ppm Li or...Read More
It was worth $28.72/oz at the time of writing, while gold was about $2,014/oz.Russia-focused silver miner Silver Bear Resources (TSX: SBR) was among the metals and mining stocks on the rise in Toronto, gaining 15%.Meanwhile US-China tensions continue and the number of COVID-19 cases globally has just passed 20 million.Elsewhere, copper gained about 1.4% on the London Metal Exchange and aluminium w...Read More