Many amateur investors got burned in an April price crash as some market professionals thrived, leading mutual-fund companies, traders and others to change their practices to try to prevent future collapses.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. After several weeks of strong downward momentum, the Index again faced some pressure last week but held strong above 920. By week's end, it shot up 33.36 points or 3.6% to 956.72.MACD bolted 3.86 points higher to -1.45. RSI rose 9.75 points to 58.28, breaking a recent downtrend in the pro...Read More
Raised geopolitical tensions over the COVID-19 blame game ahead of the US November presidential election and unprecedented government stimulus were among factors to be bullish for gold, according to Saxo Market's head of commodity strategy Ole S. Hansen."There are several reasons to believe that gold will make a move to at least $1,800/oz in 2020, followed by a fresh record high in the coming year...Read More
Looking for stocks to buy this month? Here are three suggestions of good stocks to buy now. One is a gold miner, one is in the real estate industry, and the other is a telehealth company.Eldorado GoldTo protect yourself from the unknown, you should consider buying gold stocks. Eldorado Gold (TSX:ELD)(NYSE:EGO) is a good pick in this sector.This mid-cap miner has assets in Canada, Turkey, Greece, R...Read More
A little over a year ago today, Bitcoin and other cryptocurrencies were gathering momentum. Fast forward to the summer of 2020, and Bitcoin has managed to test its 52-week highs. Before this year began, I’d suggested that investors should pour into gold rather than betting on Bitcoin or its digital brethren. Has anything changed now that we have made our way into the second half of this year...Read More
Newmont Lake project site. Image by Crystal Lake Mining via Instagram. Enduro Metals (previously Crystal Lake Mining) has announced assay results for drill core extracted by a previous operator from its 551-sq.-km Newmont Lake project in the Golden Triangle; the company also released the results of one hole recently completed at the property in British Columbia.The previously unsampled core retu...Read More
Fruta del Norte, discovered in 2006, is one of the world's biggest recent gold findings. (Image courtesy of Lundin Gold) Lundin Gold has restarted operations at its Fruta del Norte (FDN) gold mine in Ecuador and expects to resume concentrate shipments in the next few days.Operations at the site were suspended in March due to the covid-19 pandemic. Based on a projected mill ramp up to 3,500 t/d o...Read More
The Marigold mine in Humboldt County, Nevada. Image courtesy of SSR Mining. SSR Mining (NASDAQ, TSX: SSRM) announced Monday that its Marigold mine in Nevada has achieved another major milestone, reaching production of 4 million ounces of gold on June 30, 2020. The Marigold mine, located on the Battle Mountain-Eureka trend in Humboldt County, Nevada, has been in continuous operation since 1989. La...Read More
RCT - Reliable partnership Credit: RCT RCT, a company specializing in smart technology, has announced a partnership with Reliable Industries, a U.S.-based supplier of equipment and parts, to provide technology solutions for mobile equipment worldwide.As part of the partnership, RCT will manufacture its foundation products, including the Muirhead protection systems, its Smartrack Global industria...Read More
Image by Vilve Roosioks from Pixabay. Each year the Geological Society of America (GSA) recognizes outstanding scientific achievement and distinguished service to the geoscience profession.In a typical year, honorees are recognized at the Presidential Address and Awards Ceremony as part of the Society's Annual Meeting. During the pandemic, the meeting has transitioned to an online event for scien...Read More
No details were provided on the latter outside of the company also saying it was "completing negotiations for the provision of suitable funding from Vale and the French state for bothRead More
Santander was suspended 10 days ago after 19 workers tested positive.All 298 workers on site were then quarantined and had further testing."Three individuals are currently displaying mild symptoms while all other workers are presently asymptomatic," Trevali said on Friday.Workers who tested negative and weren't required for critical tasks were being transported home."We are working with our main c...Read More
According to a recent U.N.-backed study, the world's pile of e-waste grew to record levels last year.The study estimated the world has now amassed 53.6 million metric tons of old cellphones, laptops, flat-screen TVs, and other electronic devices. That's about 16 pounds of e-waste per person.The authors calculated the combined weight of all trashed electronic devices just last year was equivalent t...Read More
Lundin Gold (TSX: LUG) has restarted operations at its Fruta del Norte (FDN) gold mine in Ecuador and expects to resume concentrate shipments in the next few days.Operations at the site were suspended in March due to the Covid-19 pandemic. Based on a projected mill ramp-up to 3,500 tonnes per day over the next two months, FDN is expected to generate 150,000-170,000 oz. gold in the second half of t...Read More
Kincora Copper (TSXV: KCC) has reported assay results from the first drill hole at its Trundle copper-gold project in Australia.Drill hole TRDD001 intersected several intervals of gold and copper mineralization from skarn zones within the southern portion of the property, which is situated in the Macquarie Arc of the Lachlan Fold belt in central-west New South Wales. Highlights include 51 metre...Read More
KoBold Metals is investing in battery metal projects using big data and scientific computing with capital from billionaires including Bill Gates and Jeff Bezos.The privately held California-based company has also lured David Broughton, the world-renowned expert in sediment-hosted copper deposits, to lead its hydrothermal systems team."We have the overwhelming majority of his time," Josh Goldman, K...Read More
New Century Resources (ASX: NCZ) has kicked off commercial production at its zinc mine in Queensland, Australia, amid forecasts that see prices for the metal climbing in the coming months as restrictions related to the Covid-19 pandemic ease.The Melbourne-based zinc producer, which bought the mothballed Century mine in 2016, said operations had not been affected by the global pandemic. Instead, Ce...Read More
From its initial launch in the 1990s, HARD-LINE's TeleOp system has proven to help mines continuously modernize and streamline their processes. Building off a mine's existing operational structures, the TeleOp system allows an operator to remotely and simultaneously control multiple machines across multiple sites from an underground- or surface-based remote station.Backbone networks provide li...Read More
Gold is ready to break out to all-time highs, and the market is not only rewarding success with the drill bit, it's starting to reward potential success with the drill bit.In some cases, the market is rewarding newer companies looking for world-class assets with market caps many multiples over companies that already have world-class assets. That presents an opportunity.Gold closed the second quart...Read More
Roger March, VP of Exploration at Foran Mining, takes us through what VMS deposits are, how they are formed, and why they are ...Read More