This week saw higher metal prices with the mining stocks performing well. Silver had an incredible week, being up >$1/oz. for two consecutive days. Silver reached on all-time high and had its best week in a long time. Like two weeks ago, there were countless financings for junior stocks again this week, which are listed below. Earnings should start to be reported in two weeks or so. Some compani...Read More
By: Ira EpsteinGold's 18-dma moving up nicely, a very hard break higher. Read More
Momentum is very bullish for gold and silver. Look for signs of weekly profit taking. If gold and silver do not see any weekly profit taking then chances of $1934.40 and $2425 will be very high today. Federal Reserve is Protecting the American brokers by broadened access to three of its lending facilities designed to provide a credit backstop to firms hurt in the coronavirus crisis, allowing bro...Read More
Bravada Gold Corporation announces it has received final approvalRead full newsRead More
Brixton Metals Corp. is pleased to announce a non-brokered privatRead full newsRead More
July 24 (Reuters) - Gold resumed its march toward $1,900 on Friday as an escalation in the U.S.-China spat added further safe-haven fuel to a rally to a nine-year peak driven by fears over the economic hit from the coronavirus pandemic.Read full newsRead More
Where's Benoit?Read full newsRead More
TORONTO - Iamgold Corp. says it is going ahead with its US$1.3-billion Cote Gold mine in northern Ontario as world gold prices reached nine-year highs over US$1,830 per ounce. Construction of the project, which is 30 per cent owned by Sumitomo Metal Mining Co., will start this summer with preparatory work including fish salvage, camp preparation and road access development. The project is expected...Read More
When Ed Harrison interviewed David Rosenberg early this year, the Bay Street economist recommended a barbell approach with long bonds on one end and gold on the other. In the July 23rd Real Vision Daily Briefing, Tyler Neville modifies that theme for Millennials suggesting their barbell should have gold stocks on the one hand and innovative companies on the other.The Fed will keep printing money...Read More
Mining in the United States has been ongoing for centuries and has played a role in the country's development over the years. The Northern Miner presents its annual Top-10 listing of the largest U.S.-based mining companies, which are ranked by market capitalization, as of July 24, 2020.1. NewmontMarket cap: US$53.6 billionThe Kalgoorlie Super Pit gold mine, adjacent to the city of Kalgoorlie-Bould...Read More
Tesla boss Elon Musk is asking miners to produce more nickel, a key ingredient in the batteries that power his company's electric cars, and has offered a "giant contract for a long period of time" to any firm able to extract it in an efficient, environmentally sustainable manner.Musk noted on a second-quarter earnings call that the high price of batteries continues to be one of the main hurdles fo...Read More
You’re a veteran investor with years of experience. You’ve seen prime ministers and presidents come and go. You’ve seen recessions and rallies. Your portfolio had been ticking along nicely, balanced across a spread of Canada’s strongest industries and top blue-chip businesses. But then along came 2020. Suddenly, the world was turned on its head. How do you manage that portf...Read More
Canadian broader markets have soared almost 45% after hitting record lows in March. Interestingly, this rally post-COVID-19 crash was not all-inclusive. Some TSX stocks are still trading below their fair values and offer decent upside potential. So, if you are sitting on some cash, consider these three TSX stocks trading at a notable discount.goeasygoeasy (TSX:GSY) is a $750 million consumer lendi...Read More
Image from Cariboo Regional District's YouTube channel. KORE Mining has released assay results for six holes completed at its FG Gold project in the Cariboo region in British Columbia, which extend the Lower Zone discovery and further define the Upper Zone.Drill highlights include 52.5 metres of 1.1 g/t gold starting at 122.5 metres from the Lower Zone - this hole ended in mineralization.Notable...Read More
We needed a hero and we got one. Image of Captain Copper, superhero created to teach kids about the metal, courtesy of Chile state miner Codelco The gold price is approaching all-time highs above $1,900 an ounce. Investors are showering gold ETFs with money, which, if ever redeemed for physical bullion, would suck up the output of all the world's gold mines for more than a year.The copper pric...Read More
Drill rig at Keno silver project. Credit: Metallic. Metallic Minerals has started up two drills at its wholly owned, 166-sq.-km Keno Silver project in the Yukon Territory's Keno Hill silver district.In the first phase of the program, a reverse circulation rig will test multi-kilometre anomalies discovered last year at the East Keno area. In the second phase, a diamond drill will be used to step...Read More
Camp at the Bornite project, one of the two most advanced of Upper Kobuk Mineral Projects. (Image courtesy of Trilogy Metals) The US Bureau of Land Management has approved the development of the northern route to provide access to the Ambler mining district in northwest Alaska.According to South32 and Trilogy Metals (TSX, NYSE: TMQ), partners in Ambler Metals, the Record of Decision (RoD) appr...Read More
Core samples from Monarch Gold's McKenzie Break gold project in Quebec. Photo Credit: Monarch Gold. Monarch Gold (TSX: MQR) has reported high-grade drill results from the central part of its wholly-owned McKenzie Break gold project, 35 km north of Val-d'Or, Quebec.Highlights from the drill program include drill hole 20-255, which intersected 14 metres grading 13.95 grams gold per tonne starting...Read More
As the Pilbara is good for about 90% of Rio's current earnings and 70% in BHP's case, the COVID-beating production performance by the pair was naturally enough the focus of the market's scrutiny ofRead More