Today, on INK Ultra Money we are treated to a master class in precious metals and mining investing by legendary resource investor Rick Rule. He lays out the stages of his precious metals investing strategy to help investors understand where we are currently in the precious metals investing cycle.We also highlight the INK Edge stock in the hottest North America sector right now. The combination ju...Read More
Equinor ASA became the first major oil company to cut its dividend amid an historic market rout.Read full newsRead More
China boosted copper imports in March, but still faces challenges as key suppliers are cutting output.Read full newsRead More
IsaMill, a fine grinding technology that has made a name for itself on the market over the last 25 years as the world's only horizontal fine-grinding mill, always had advantages. But key design changes have now made it even more competitive.Its original incarnation was engineered 25 years ago in Australia, where a complex orebody required a finer grind than any existing mill could deliver. What be...Read More
Worker using Salus Pro app Credit: Salus Pro. To help keep worksites safe and operational during the covid-19 pandemic, Salus Pro has announced that it is waiving subscription fees for its worksite safety software for the duration of the crisis. The B.C.-based tech company, whose app allows construction and resource sector companies to digitize their safety management systems, has also load...Read More
Benefits of Buying Gold in BulkWhether you have already invested in gold or silver, or are just looking at how to start, you have probably seen how expensive it can be, and how much the fees are for vendors. We cover the best gold dealers to make a bulk purchase in high-grade gold and why you should consider wholesale gold bullion instead of just a few coins at a time.Considering Choosing Wholesal...Read More
Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click here."We expect that the demand both for equipment and in the aftermarket will be lower and that the effects of the pandemic will have a significant negative impact on revenu...Read More
Top TSX stocks have surged more than 25% since their multi-year lows last month. Investors turned optimistic on the US’s plans to re-open its economy, which has mainly driven stocks higher. However, whether these stocks hold on to the gains through the earnings season remains to be seen.Despite some strength in broader markets, aviation, hospitality, and energy stocks might continue to trade...Read More
Victoria Gold (TSX: VGCX) announced it has entered the agreement with a syndicate of underwriters, led by BMO Capital Markets and PI Financial Corp, for the placement priced at $7.Read More
It said the emergency protocol was a preventative measure, as agreed to by external inspection bodies, and aimed to provide a better understanding of the current drainage conditions of the dam.Vale said the Borrachudo II dike was a small structure designed to contain sediments from the Borrachudo Ipoema waste dump.It did not expect any impact to its 2020 production plan.According to the company, t...Read More
Share this articleCALGARY - Dominion Diamond Mines ULC has been granted creditor protection under the Companies' Creditors Arrangement Act.The company says the CCAA filing was brought on by the impact of the COVID-19 pandemic, which closed the diamond markets.Dominion operates the Ekati diamond mine, in which it owns a controlling interest, and also owns a 40 per cent stake in the Diavik diamo...Read More
Newmont Corporation (NYSE: NEM, TSX: NGT) is the world's leading gold company and a producer of copper, silver, zinc and lead. Newmont's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions, in North America, South America, Australia and Africa. We learned from Steve Gottesfeld, who is Executive Vice President and Chief Sustainability and External Aff...Read More
Today is Thursday, April 23, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,725.30. It's up 0.61% from yesterday and up 35....Read More
Today is Thursday, April 23, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of CONSOL Coal Resources LP (NYSE: CCR), ProPetro Holding Corporation (NYSE: PUMP), and Peabody Energy Corporation (NYSE: BTU).CONSOL Coal Resources LP (NYSE: CCR)CONSOL Coal Resources LP (NYSE: CCR) is a $144.8 million company today with a one-year return of -70.54%. Let's look a...Read More
After three successful years at Canada House in London, England, this year's event from June 16 to June 18 will be digital - expanding its reach to mining executives and investors around the world.The virtual conference will feature Sean Boyd, president and CEO of Agnico Eagle Mines, Don Lindsay, CEO of Teck Resources, Randy Smallwood, president and CEO of Wheaton Precious Metals, Gord Stothart, p...Read More
CIBC is increasing its gold price forecast to US$1,725 per oz. in 2020 and US$1,800 per oz. in 2021, up from its previous estimates of US$1,600 per oz. for both years.The bank is also boosting its 2022 forecast to US$1,600 per oz. from US$1,500 per oz., but is leaving its long-term forecast for 2023 unchanged at US$1,400 per oz."If the 2008-2011 Global Financial Crisis is any indicator, the outloo...Read More
GoGold Resources (TSX: GGD; US-OTC: GLGDF) has reported assay results from 12 drill holes at its Los Ricos South project in the Mexican state of Jalisco, 100 km northwest of the state's capital, Guadalajara.The drill highlights include 11 metres of 625 grams silver-equivalent per tonne, consisting of 358 grams silver per tonne and 3.56 grams gold per tonne from hole 20-136. The hole was drilled in...Read More
Despite the challenges presented by the COVID-19 pandemic in forecasting silver market conditions over the rest of the year, extended physical demand could drive the metal's price higher in 2020, the Silver Institute suggested in its annual World Silver Survey.Last year, global silver demand edged 0.4% higher despite an ongoing global trade war affecting many industries, while silver mine supply d...Read More
On February 17, an American P8-A Poseidon flew out of Okinawa on a routine mission to patrol international waters roughly 380 miles west of Guam.On that patrol, the aircraft encountered a Chinese destroyer, the Hohhot. And as it did, it was struck by a military-grade laser that temporarily blinded the pilot. It was an aggressive, reckless, and dangerous assault...But hardly the first of its kind....Read More
TOO BIG TO FAIL?With the whole world rubbernecking at the scene of crude oil's crackup, you could lose sight of why it matters. Listening to Trump fret about it tells us nothing. He has endorsed collusion by energy suppliers, the better to push prices back up to...whatever. But he hasn't said why this would be a good thing. It's not as though we're all feeling sorry for the likes of Exxon and BP...Read More