The Dow Jones Industrial Average rose 3.80% to finish the week at 27,433.48 and the S&P 500 increased 2.45% to 3,351.28. Spot gold jumped US$58.70 per oz., or 2.97%, to US$2,034.80 per ounce.Shares of Pretium Resources advanced by 30.94% to US$12.40 with the release of second-quarter results from its Brucejack underground gold mine, located 65 km north of Stewart in British Columbia. The mine...Read More
"All the opportunities created by the merger and subsequent transactions have been seized and more have been identified.Read More
Ethos Gold (TSX-V: ECC)(OTC: ETHOF) and its President and CEO Mr. Craig Roberts should be no strangers to Outsider Club readers.We've featured him and the company several times, and we're doing so today as well in the wake of some big news.With gold soaring, Ethos is starting in a strong position and getting even stronger by making some big moves. Read on for details.To your wealth,Gerardo Del Rea...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index pushed up even higher as metals and markets pushed higher yet.The INK CIN surged 28.99 points higher for a 2.85% gain on the week and closed at 1047.84 for a new 5-month high. The Index has enjoyed an impressive run and is now up 9.45% over the last 5 weeks.MACD shot...Read More
Mining plays are worth considering as indirect trades on the rising price of gold, two ETF researchers say.Read full newsRead More
Mining plays are worth considering as indirect trades on the rising price of gold, two ETF researchers say.Read full newsRead More
Thanks to U.S. dollar's weakness, the Fed's holding of interest rates at an all-time low and discouraging private sector job additions amid the pandemic, the appeal for gold has increased.Read full newsRead More
Since co-founding his first junior mining company, Gammon Gold, in his garage in Halifax, N.S., in 1994, Bradley Langille has spent the majority of his career outside of the country - hunting for precious metals and building mines in Mexico.After about three years in Canada, he shifted his focus to Mexico, where his partner had business connections, and between 1999 and 2007, built two mines: the...Read More
The Olympiada mine in eastern Siberia is one of the world's largest. (Image courtesy of Polyus Gold). Despite some disruptions caused by the covid-19 pandemic, Russia is expected to surpass China as the world's top gold producer by 2029, achieving average annual growth of 3.7% y-o-y between 2020 and 2029. This forecast was presented in a report by Fitch Solutions Country Risk & Industry Research...Read More
Remains of the Incahuasi mine on the Hombre Muerto salt flat. (Image by Jorgiponn, Wikimedia Commons). An MLA in Argentina's Catamarca province presented a proposal before the legislature asking for mining royalties to be raised to 51% from the current 2%.Hugo ??vila, who belongs to the Citizen Union's Front led by former left-wing president Cristina Fern??ndez de Kirchner, criticized the 2% in r...Read More
Acid mine drainage from coal mines in Ohio. (Reference image by Jack Pearce, Wikimedia Commons). Researchers at Penn State University developed a two-stage treatment process for acid mine drainage that enabled them to recover higher concentrations of rare earth elements using smaller amounts of chemicals than previously possible.In a paper published in the Chemical Engineering Journal, the scient...Read More
Pini Althaus, who is CEO of USA Rare Earth LLC., tells us that USA Rare Earth LLC. Pre-IPO, with facilities based in the USA, plans to be the first Mine-to-Magnet operation outside of China. The Round Top deposit has lithium and 16 of the 17 rare earths (REE's), with a high concentration of heavy rare earths like Dysprosium and Terbium. Pini plans to make USA Rare Earths the second largest lithium...Read More
Michael Cuggino of the Permanent Portfolio makes the case that gold is still relatively cheap, despite its 35% increase this year.Read full newsRead More
KUALA LUMPUR: Shares of Borneo Oil Bhd have rallied to a two-year high in early trade today after announcing a gold deposits discovery in one of its mining plots.Read full newsRead More
Hold on to those gold stocks. That’s the message this week, as the yellow metal continues its climb to record highs. Today we’ll take a quick look at some of the best stocks to either get you started or build larger positions in. But first let’s examine just how high gold prices could climb in the latter half of 2020.How high could gold climb in 2020?BofA Securities is calling US...Read More
Many regions of the world are confronting second waves of COVID-19 infections. Canada has done a relatively good job at keeping infection numbers low as the economy re-opens. However, a second wave of infections remains possible in Canada. Here are three stocks to buy if you are worried about a second wave of infections and a possible second shutdown of the economy.Hydro OneHydro One (TSX:H) is th...Read More
Many people, especially those who don’t put much stock in history, often classify gold only as a “precious metal,” where it sits neatly with platinum, silver, and palladium. But gold has always been so much more than that. It has been a symbol of wealth for millennia and has centuries of seniority over Fiat money. And unlike the currency, it actually does have intrinsic value.Des...Read More
In May, a fleet of ships set sail for fuel-starved Venezuela with Iranian gasoline, stunning international observers who wondered if the two nations would so blatantly defy U.S. sanctions efforts in a Caribbean Sea patrolled by the U.S. Navy.Read full newsRead More
Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) ("Alianza" or the "Company") reports that the 2020 reverse-circulation ("RC") drilling program at the Horsethief Gold Property, Nevada has been completed. This work is funded by partner Hochschild Mining (US), a subsidiary of Hochschild Mining PLC ("Hochschild", LSE:HOC) under an option to earn a 60% interest in the [...]Read full newsRead More