Mining Stocks Articles

Uncertain Economic Prospects Point Towards Gold

Fri Jun 19 21:51:02 2020 / Staff reporter

NEW YORK, June 18, 2020 /PRNewswire via COMTEX/ --NEW YORK, June 18, 2020 /PRNewswire/ -- The value of gold is problematic to forecast, as it contingent on...Read full newsRead More

COT Gold, Silver and US Dollar Index Report - June 19, 2020

19 June, 2020 / GoldSeek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort277,39553,04746,087110,922368,942434,404468,076Change from Prior Reporting Period 13,423-2,312-55780715,37013,67312,501Traders20263735256285165 Small Speculators LongShortOpen Interest 55,15921,487489,563 2291,40113,902 non reportable positionsChange from the previous reporting p...Read More

Gold-Futures Firepower Mounts

19 June, 2020 / Adam Hamilton, CPA, Zeal Research

Gold's powerful post-stock-panic upleg hasn't enjoyed buying support from the gold-futures speculators. These influential traders often drive and even dominate major gold-price trends. But they've been subtly selling into gold's sharp recent rally. Their dogged skepticism is actually very bullish for gold in coming months. Gold-futures speculators are amassing big gold-futures-buying f...Read More

Gold Sector Correction Maturing

19 June, 2020 / Gary Tanashian

- Gary TanashianGold Stock Seasonal AverageThe HUI Gold Bugs index has over the last 2 decades (encompassing both bull and bear markets) tended to bottom in July per stockcharts.com's data for the index. A seasonal average is not a directive, but it is a (+/-) guide to be factored. Last year gold stocks bottomed in May as we caught what would be a violent upswing. This year I expect the low t...Read More

Precious Metals Update Video: Markets concerened of covid's return, Gold $1749.20 swingline

19 June, 2020 / Ira Epstein

By: Ira EpsteinGold daily bar-chart, you can see a wedge formation:Read More

Asian Metals Market Update: June-19-2020

19 June, 2020 / Chintan Karnani, Insignia Consultants

Use a buy on sharp dips strategy today in gold and silver for next week. Traders will start taking positions for third quarter. I am bullish on gold and silver in July to September period. Only crashing risk (to gold price) is US June nonfarm payrolls on 3rd July comes in positive. 4th July, American Independence day will start the US summer holiday which will end on second week of September. CO...Read More

$BOL @boldventures1 Signs Letter Agreement to Acquire the Traxxin Gold Property

Fri Jun 19 15:50:06 2020 / Bold Ventures Inc.

Bold Ventures Inc. (TSXV:BOL) (the "Company" or "Bold") is pleased to announce that it has signed a letter agreement to option the Traxxin Gold Property.Read full newsRead More

$AMX @AmexExploration Increases to Six Drills at Perron and Upsizes Drill Program to 200,000 Metres

Fri Jun 19 15:37:01 2020 / Amex Exploration

Amex Exploration Inc. is very pleased to announce the addition ofRead full newsRead More

$NXS @NexusGoldCorp Commences Drilling at the McKenzie #Gold Project, Red Lake, Ontario

Fri Jun 19 15:26:14 2020 / Nexus Gold Corp

Nexus Gold Corp. is pleased to report phase one drilling has commRead full newsRead More

Marathon Petroleum in Talks to Sell Speedway Gas Station Unit - TheStreet

Fri Jun 19 14:44:19 2020 / Staff reporter

Fuel producer Marathon Petroleum is in talks to sell its Speedway gas-station unit for as much as $18 billion.Read full newsRead More

BP Takes A $17.5 Billion Hit As Giant Ditches Oil Exploration Projects

Fri Jun 19 14:42:24 2020 / Staff reporter

BP expects to hit a value between $13 and $17.5 billion with its assets by the end of June, after abandoning long-term oil and gas exploration projects. Meanwhile, ClientEarth complaint against greenwashing was assessed as "material and substantiated".Read full newsRead More

Total piles into North Sea oil as OPEC+ cuts, demand gains -

Fri Jun 19 14:41:21 2020 / Staff reporter

Get the latest news on Houston, Texas, the United States and the world from the Houston Chronicle on HoustonChronicle.com.Read full newsRead More

INK Ultra Money: Is the top in for the S&P 500 and time for a jubilee?

Fri, 19/06/2020 1:03 pm / Ted Dixon

Earlier today, Real Vision delivered a big picture interview with economist Steve Keen who takes non-mainstream approach to assessing the economy. Since bubbly NASDAQ stocks have not yet managed to make new all-time highs, there is a growing risk that a bearish narrative will take hold as we enter into summer. At that point, Keen's scenario is in play. The government is pushing us to gamble...Read More

#Vale to resume operations at Voisey's Bay in July

Fri Jun 19 11:23:18 2020 / Staff reporter

TheCanadian open pit nickel mine and concentrator is expected to reach full capacity in August.Read full newsRead More

Oil rises above $42 as OPEC+ laggards say to make more cuts | Financial Post

Fri Jun 19 09:04:47 2020 / Staff reporter

LONDON - Oil rose to above $42 a barrel on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet supply cuts and signs of demand, hit by the corona...Read full newsRead More

Insights: Some Healthcare for the Fed's stock market bubble

Fri, 19/06/2020 4:57 am / Ted Dixon

In this week's Insights newsletter, we make the case for healthcare stocks. They could look particularly attractive if the broad market continues to rally even as the economy experiences headwinds from COVID-19. Our insider of the week is CEO of a small Canadian biotech stock that has been soaring. Finally, our broadcast of the week is a free Real Vision Daily Briefing episode that explains why t...Read More

GFG ramps up exploration at Pen

2020-06-19 / MINING.COM

GFG Resources' core shack in Timmins, Ont. Credit: GFG Resources After a successful initial drill program earlier this year at its Pen project, 40 km west of Timmins, and a C$5.9-million financing closed in May, GFG Resources is planning a more "aggressive" exploration program for the second half of the year.An 8,500-metre campaign starting next month will focus on the Nib prospect, where the c...Read More

Iamgold sees potential to extend Nelligan footprint

2020-06-19 / MINING.COM

Nelligan drill core Credit: Vanstar Drill results from Iamgold's 75%-owned Nelligan joint venture project in Quebec suggest potential for a western extension of the existing resource and confirm the data in the existing resource model.In its most recent release, the company has reported assays for six diamond drill holes. Highlight intercepts include 27 metres of 2.86 g/t gold starting at 337.5...Read More

Great Bear discovers high-grade Arrow zone at Dixie

2020-06-19 / MINING.COM

Dixie project. Photo by Great Bear. Drilling at Great Bear's 91.4-sq.-km Dixie property in Ontario has intersected a new Red Lake-style gold-bearing zone -Arrow - 1 km west of the Hinge zone, which features a similar style of mineralization.Hole REG-002 returned three gold-bearing zones along 435.6 metres of core, including 15 metres of 3 g/t gold starting at 451.5 metres, with visible gold in...Read More

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