Net profit for the top-40 by market capitalisation is expected to fall 15% this year to US$51 billion, given an expected 6% year-on-year drop in revenues to $649 billion and a resultant 6% drop in EBITDA to $157 billion.In contrast, for the period ended December 31, 2019, revenues for the group rose 4% to $692 billion, with EBITDA during the period flat at $168 billion. Dividends paid rose 25...Read More
I am loaded to the gills in precious metals equities.Millions and millions of shares plus warrants. In these pages, we have been telling you what was coming for years. It is here. There are secret police kidnapping citizens in American streets. Corporatism has taken over and the printing press is being used to prop up zombie corporations and assets at the expense of the people (the same people...Read More
The African Centre for leadership, Strategy and Development (Centre LSD) has lauded the President Muhammadu Buhari administration for initiating the Presidential Artisanal Gold Mining Development Initiative.The initiative put together by the Buhari administration was to develop gold mining in the country.The Executive Director of the centre, Mr. Monday Osasah who made the commendation on Saturday...Read More
Highlights: 2020 Flin Flon drilling campaign underway to drill test two targets, totaling up to 1,500m at the Pine Bay Project; Drilling to follow up on recently identified highly conductive borehole electromagnetic anomalies off-hole from sulphide stringers that include copper, zinc, gold and silver mineralization; and These anomalies are interpreted to occur within the same ... Continue readingR...Read More
Benchmark Metals Inc. is a mineral exploration company focused on the Lawyer's Gold and Silver project, located in the Golden Triangle of BC, Canada.Read full newsRead More
BP chief forecasts 10-fold increase in US biogas production by 2030 We need to accelerate the transition to renewable fuels Biogas has a significant role to play despite clamour for electrification New markets include rail, maritime, and industrial applications BP's...Read full newsRead More
Mark O'Byrne, GoldCoreDelighted to have been asked to speak on the Market Musings Podcast recently. Just click on the play button below to listen."Market Musings welcome the founder and research director Mark O'Byrne from GoldCore. When it come to gold and silver Mark is your man. He explains how gold has a tried and tested performance as a store of wealth over centuries, and why he thinks every...Read More
Ira EpsteinCentral Banks coming out this week and next week with policy meetings. The weekly gold chart makes another new high. Gold bias is up, trend is up, resistance remains the upper Bollinger band around $1831:Read More
Only covid vaccine hopes has resulted in global stock markets rising. Silver has to trade over $2020 today to rise quickly. Gold is rising from factors such as US imposing ban on certain Chinese companies due to its treatment of Muslim minorities and US presidential election drama. UK Pound should rise after Bank of England governor said that UK has recovered half of its output lost in March-Apr...Read More
The Hibernia oil platform in Canada was shut after a discharge of drilling and production fluids, the Hibernia Management and Development Co (HMDC) said late on Monday.Read full newsRead More
Emgold Mining Corporation is pleased to announce that it will conRead full newsRead More
Today, on INK Ultra Money we hear from Stanley Druckenmiller understudy Beeneet Kothari who specializes in global technology investments. He believes investors are investing like it is 2023 and dispassionately suggests we are in a multi-decade technology era. When asked to name a stock he likes, he serves up a contrarian idea which we suspect is not a Kyle Bass holding. Watch the premium intervie...Read More
KENORA - The Ontario government is providing $498,000 through the Northern Ontario Heritage Fund Corporation (NOHFC) to help increase tourism, boost economic development and create 13 new jobs in the Kenora-Rainy River region."As our province safely and gradually reopens, we are proud to work together with northern communities and businesses to drive economic growth and job creation in the far cor...Read More
(Kitco News) - Gold and silver prices are higher in early U.S. trading Tuesday.Read full newsRead More
(Kitco News) - Gold and silver prices are higher in early U.S. trading Tuesday.Read full newsRead More
Jiangxi Copper has sold 1.2 million shares in First Quantum Minerals (TSX: FM; LSE: FQM), according to SEDI filings, BMO reported.The sale represents less than about 0.2% of First Quantum's roughly 689 million common shares outstanding. Jiangxi Copper bought an 18.6% equity stake in the miner in December 2019 and remains First Quantum's largest shareholder.BMO analyst Jackie Przybylowski said Jian...Read More
Examples of commodities are oil, wheat, and beef. These are products that are essential to everyday life. However, once these products are used, they can’t be reused. For example, once a person eats a steak, the steak is gone. You would need to go out and buy more steak for tomorrow.However, there are some reusable commodities like gold and silver. These commodities can be crafted into jewel...Read More
An interesting trend is emerging, which suggests that a recovery is baked into the markets. Few investors can have missed the fact that the TSX rallied last week. The cause? A potential vaccine breakthrough south of the border. The good news lifted industrials and materials — two areas most heavily impacted by the pandemic. Gold also continued to trend higher.A recovery is baked in at this s...Read More
Portal at Snip. Image from Skeena. Skeena Resources has released a maiden underground resource for its wholly owned Snip gold project, within the province's prospective Golden Triangle in British Columbia.The resource is made up of the Main-V, Main-S and Twin West zones, and includes 539,000 indicated tonnes grading 14 g/t gold, containing 244,000 gold oz., as well as 942,000 inferred tonnes, at...Read More
A worker in the core shack at the Troilus gold project. Image from Troilus. Troilus Gold has added 230 sq. km of land holdings, or 422 claims, to its Troilus project in the province's Frotet-Evans greenstone belt, Quebec, increasing its land position to a total of 1,073 sq. km."These new acquisitions, coupled with additional staking by our team, further consolidates our position at a minimal cos...Read More