"We saw that the situation out there improved in June compared with the beginning of the quarter," Hedblom said this week. "However, the situation is still fragile. We have guided that we still believe there will be an impact on orders and revenues in the near term as well."She said Epiroc achieved an adjusted operating margin of 18.7% - "good under the circumstances" - due to job cuts and other c...Read More
Week 28 (17/07/2020-23/07/2020) Company news Americas Kirkland Lake Gold is suspending operations at the Holt complex in Ontario until further notice and is offering severance pay to all staffRead More
Share this articleTORONTO - Shares in Yamana Gold Inc. rose Friday after the company announced a 12 per cent increase in its dividend and as gold prices rose above US$1,900 per ounce for the first time since 2011.The company's Toronto Stock Exchange stock was up by as much as 49 cents or 6.3 per cent at $8.24 on Friday morning. That's a gain of $3.10 per share so far this year.Yamana reporte...Read More
In 20 years of researching, investing, writing, and talking about gold, there's one question I've been asked more than any other...What about silver?I'm not sure if that's exactly irony. But... it's something.Nevertheless, it makes sense that in talking about gold, people would ask about silver. Gold and silver are certainly related. And silver is priced much lower than gold - meaning a potentiall...Read More
July 24, 2020 - Brixton Metals Corp. (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce a non-brokered private placement of a combination of units and flow-through shares of the Company for gross proceeds of up to C$4,000,000 (the “Offering“). Each unit (a "Unit") is being offered at a price of C$0.25 and will be comprised of one common share of the Company a...Read More
The U.S. 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 (ASX: S32) and Trilogy Metals (TSX: TMQ; NYSE: TMQ), partners in Ambler Metals, the Record of Decision (RoD) approves the development of the northern, or "A" route, which is to be a 211-mile-long gravel private access road in...Read More
The stars continue to align for precious metal prices, driven higher by unprecedented economic and political uncertainty and enormous monetary and stimulus programs.This week leaders of the European Union agreed on a landmark 750 billion euro (US$858 billion) stimulus package to assist countries hit hardest by the coronavirus."It's all creating an investment climate where investors are saying: 'We...Read More
Gold prices topped US$1,900 per oz. for the first time since 2011, heading for its biggest weekly gain in more than three months, as momentum builds from flaring geopolitical tensions and worries over global growth drive demand for safe-haven assets.Spot gold was up 0.6% at US$1,900.32 per oz. by noon. Earlier in the day, it reached an intraday high of US$1,906.40 per oz. - its highest level in ni...Read More
Northern Dynasty Minerals (TSX: NDM) has cleared the last environmental hurdle for its proposed Pebble copper-gold-molybdenum mine in Alaska almost two decades after developers first started considering the project.The U.S. Army Corps of Engineers has issued a final environmental impact statement (EIS), backing the controversial mine in the salmon-rich Bristol Bay.The decision opens the door for N...Read More
Now, in our third year of the survey and the Global Leadership Report (GLR) - to which the survey is geared - we can draw some meaningful year-on-year comparisons and identify trends in whatRead More
I've been in this business a long time. I know better than to promise a sure thing. And yet, I am fully prepared to do it in this one instance...Here's what I'll promise you: Gold is going higher. There's just no way it's not. The list of reasons why is considerable...StagflationUncertaintyStock market bubblesMoney printingBailoutsHedge fundsPolitical strifeMomentumSecurityA weak dollarRecessio...Read More
July 24, 2020 - Brixton Metals Corp. (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce a non-brokered private placement of a combination of units and flow-through shares of the Company for gross proceeds of up to C$4,000,000 (the “Offering“). Each unit (a "Unit") is being offered at a price of C$0.25 and will be comprised of one common share of the Company a...Read More
A year ago, you couldn't get Wall Street to touch most gold miners' stocks. Today, it's throwing billions at the industry.Read full newsRead More
A very different-looking oilfield service sector is expected to emerge from the aftermath of the COVID-19 pandemic and ultra-low commodity prices.Read full newsRead More
China's state-owned Sinopharm, one of the first Chinese projects to start testing its Covid-19 vaccine candidates overseas, said it would have a vaccine ready for the public before the end of the year.Read full newsRead More
The purpose of this update is to celebrate and mark silver's powerful breakout from a giant base pattern that started to form as far back as 2013 - 2014, a breakout which has only happened during the past 2 days, yesterday and today, with today's advance finally seeing it break clear above the resistance at the upper limits of the base pattern. While this doesn't mean it can't drop back again it...Read More
By: Gary SavageGold has left behind the resistance zone from 2011, we will likely see all-time highs acting as a magnet pulling the price higher: https://blog.smartmoneytrackerpremium.com/Read More
The latest company news releases.Read full newsRead More
Elon Musk has a plea for mining companies: "Please mine more nickel."Read full newsRead More
Congestion at China's east coast oil ports that is adding to costs for shippers and importers is likely to run well into August, with crude shipments set to hit another record high this month, according to analysts and Refinitiv data.Read full newsRead More