Gold's price milestones have kept it in focus for the last couple of weeks, but this time we're focusing on silver. The white metal has made it past the US$1...Read full newsRead More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort330,20567,77759,596125,909427,927515,710555,300Change from Prior Reporting Period -6,825-1,8955,5667,4856,9116,22610,582Traders22765875666318190 Small Speculators LongShortOpen Interest 64,46524,875580,175 1,173-3,1837,399 non reportable positionsChange from the previous reportin...Read More
Spot gold getting higher than comex gold futures. Silver is still in bullish zone. Covid is spreading in nations which have opened after lockdown. Gold and silver are soft just due to vaccine hopes and nothing else. Rest of the factors are all bullish. Gold investment demand from ETF and others will not fall significantly unless there are other safe options. Federal Reserve meeting on 29th July...Read More
These are becoming key to exploration as companies set targets.Read full newsRead More
Toronto, Ontario--(Newsfile Corp. - July 17, 2020) - FenixOro Gold Corp (CSE: FENX) (OTC Pink: FDVXF) (FSE: 8FD) is...Read full newsRead More
FenixOro Gold Corp (CSE: FENX) (OTC Pink: FDVXF) (FSE: 8FD) common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (Read full newsRead More
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developmentsRead full newsRead More
KENORA - The Ontario government is investing $625 million to expand and improve highways, roads and bridges across Northern Ontario. These road enhancement projects will make travel easier and safer for families, while supporting economic growth and job creation in local communities."Our government is committed to making investments in our northern highways to reduce congestion, make our roads saf...Read More
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2020) - Altamira Gold Corp.'s (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF) (Read full newsRead More
In this week's Insights newsletter, we look at the roaring Venture market and the role that American helicopter money is likely to play in markets going forward. Our clip of the week features a junior miner that has exploded on the upside since our July 3rd report and our insider of the week is the CEO of a battery metals stock that is been on a charge since we first wrote about it. Click here to...Read More
Texas Governor Greg Abbott crossed the wires and saidRead full newsRead More
RIYADH: Oil markets still have not existed from the 'Corona tunnel' and the OPEC+ production cut deal may extend to the end of 2022, Saudi Energy Minister Prince Abdulaziz Bin Salman said in an interview with Alarabiya. He said that a monthly meeting by the Joint Ministerial Monitoring Committee (JMMC) will be held every month until the oil market sees a full recovery from the pandemic.Read full n...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) announced that it will reduce power supply to townships near the Porgera gold mine to save costs.The company said in a statement from mine operator Barrick (Niugini) Ltd that "due to necessary cost reductions" electricity the mine provides free to nearby communities would only be supplied for 12 hours a day starting on July 17.In May, Barrick cut its original 20...Read More
Silver investment demand is exploding in recent months, skyrocketing higher in wildly-unprecedented fashion! That has catapulted silver sharply higher since mid-March's COVID-19-lockdown stock panic. Accelerating even in this usually-weak summer season, the massive capital inflows deluging into silver show no signs of abating. This is very bullish for silver, yet most traders remain unaware it is...Read More
We are in a period of high inflation. Even though the CPI states that inflation is low, the truth remains that we are suffering from this dilemma. If you know where to look, there are a few benchmarks that demonstrate that there is more inflation than the official index seems to indicate.Think of it this way. You are standing in an elevator without any windows with a few friends. The elevator is o...Read More
Ready or not, a market crash is coming. It’s always coming, though. Nobody knows when it’ll hit, how bad it’ll be, or what the recovery will look like. But those who try to time it, predict its severity, or the “shape” of the ensuing recovery could find themselves being completely wrong and will be left behind should this unpredictable market zig as they zag.The best...Read More
The 2020 iX3. Image: BMWGerman luxury vehicle maker BMW this week signed a $2.3 billion long-term deal with Swedish battery maker Northvolt, the latest of such deals, as European carmakers try to compete with Tesla in the burgeoning electric vehicle market. Managem owns Bou-Azzer, the only primary cobalt mine in the world and in operation since 1930.Tesla's gigafactories and battery technology...Read More
Mines and energy minister Bento Albuquerque. Image courtesy of Wikipedia The positive performance of Brazilian mining, even with the ongoing pandemic, reflects expectations of improvement in the country's economy, said Minister of Mines and Energy Bento Albuquerque on Thursday.Talking to investors on an e-mineracao symposium, the minister said revenue from mineral production in H1 2020 was 1% hig...Read More
Image of brown diamond provided by Lucrara Diamond. Lucara Diamond has found an avenue to sell its large diamond production from its Karowe mine in Botswana, through an agreement with HB Group, an Antwerp-based diamond manufacturer. The deal will ensure the company will see cash flow this year from a category of diamonds that normally accounts for 70% of its revenue.The diamond market has been s...Read More
OceanaGold operates both the Martha open pit and the Correnso underground mines in Waihi. (Image courtesy of OceanaGold.)The Waihi District preliminary economic assessment (PEA) from OceanaGold suggests an additional 2.2 million oz. of gold output from the Waihi district between 2021 and 2036.These additional ounces would be sourced from the Marth and Gladstone open pits as well as from the und...Read More