In this video, Mining Journal talks with Grosskopf about its New York dual listing, junior mining investing, the all-important strategy and the firm's precious metals product range. Highlights include:Sprott Inc"We see ourselves as almost a royalty company-like profit earner in the sector. We pay a strong dividend and we have good margins. … The adoption curve of having gold become a mainst...Read More
Tribeca was one of a syndicate of lenders supporting the Kentucky-focused coal miner, which filed for bankruptcy protection in February to facilitate the sale of the operating Poplar Grove mine, partRead More
Fraunhofer Institute confirms 99.99% (4N) high purity alumina (Al2O3), is critical for Lithium battery safety and performance. Test work shows there is sodium contamination from low grade alumina and boehmite in lithium-ion battery applications. There is up to an 80-fold increase of sodium levels, in contrast, there is minimum sodium leaching for 4N alumina (99.99%). Sodium contamination causes se...Read More
The use of medical marijuana is legal today in 33 states across the nation. Yet despite already being legal in most states, the medical cannabis industry still has way more room to grow than most people are considering.That's because in many states with legal marijuana, overly tedious rules and regulations are drastically throttling the industry. It's being held back.For investors, this means even...Read More
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has released the results of hole 20-281 completed within the conceptual pit shell at the Porphyry zone at the company's 355-sq.-km Douay project in Quebec.The drill hole returned 164 metres of 0.86 gram gold per tonne starting at 107 metres and includes a number of higher-grade gold zones, including 75 metres of 1.23 grams gold per tonne as well as 5 met...Read More
While gold miners have been stealing the pandemic limelight as that precious metal's price has soared, copper miners have struggled with the collapse of their main markets, like China, and the closure of major production mines in places like Chile and Peru. By March 22, the base metal was trading at US$2.07 per lb., a full 80 ? off its peak in mid-January, and the lowest valuation since February 2...Read More
The first phase of drilling at Eclipse Gold Mining's (TSXV: EGLD; US-OTC: EGLPF) Hercules gold project within the Walker Lane trend, 40 km southeast of Reno in Nevada, has returned long intercepts of shallow gold in oxides.The drill highlights include 75 metres of 0.54 gram gold per tonne and 4.78 grams silver per tonne (0.6 gram per tonne gold-equivalent) starting at surface from the Cliffs targe...Read More
In spite of a legal dispute between partners Star Diamond (TSX: DIAM) and Rio Tinto (NYSE: RIO; LSE: RIO) at the Star-Orion South diamond project in north-central Saskatchewan, the project should begin to see results this year from the first significant work conducted there in years.In April, Rio Tinto began processing a bulk sample totalling 8,271 wet tonnes that was extracted from the Star kimbe...Read More
Brazilian mining giant Vale (NYSE: VALE) has issued a level one emergency alert for three inactive tailings dams in the country's southeastern state of Minas Gerais.The miner, the world's largest iron ore producer, said the populations downstream of dams 6 and 7A at the Aguas Claras mine, at Nova Lima and the Area IX dam at the F??brica mine in Ouro Preto, did not need to be evacuated."The decisio...Read More
With a new strategy focused on diamonds that officially launched in March, just as the coronavirus pandemic began to spread across the globe, you might think that EHR Resources (ASX: EHX) had some regrets about its timing.But you would be wrong.EHR managing director Peter Ravenscroft says the idea behind the company's new strategy - to create a "diamond project incubator" with a portfolio of selec...Read More
After being closed for almost two months due to the coronavirus pandemic, the diamond manufacturing hub of Surat, India, where most of the world's rough diamonds are cut and polished, reopened in a formal, but limited, capacity on May 20.However, a ramp-up in business to pre-pandemic levels could take months as many industry workers left the city to return home to rural villages in March, April an...Read More
Providence Gold Mines Inc. (TSXV: PHD) The Property is located in the Summerville Mining District, Tuolumne County, California, upon the eastern belt of the "Mother Lode" District, consisting of 65 acres of fee simple land and 22 additional mining claims on US federal lands in the famous Motherlode mining districts. We learned from Ron Coombes, President & CEO of Providence Gold Mines, that the pr...Read More
You know the video promotions we send out? The ones that sell our premium research letters? Of course you do. They always cite the biggest gains possible for whatever sector is being discussed. All publishers do it. But some do it differently than others.Take technology promos, for example. They tell you it'll be like getting into Microsoft when Bill Gates still ran it out of his garage. Or i...Read More
Now every time 210,000 blocks are cleared, Vijay says, the value halves. So, after the first 210,000 blocks, it became 25 bitcoins; at 420,000 it became 12.5, and now at 6,30,000 it is 6.25.Read full newsRead More
June is busting out all over, so it's a good time to check out some compelling gold stocks.Read full newsRead More
By: Hubert MoolmanThe US Dollar index is not a true measure of value of the US dollar. It just tracks an "exchange rate" between the US dollar and a basket of significant fiat currencies.For a true measure of value of the US dollar it is better to look to Gold and Silver. However, there is a relationship between significant Gold rallies and the US Dollar index.Gold has a tendency to rally at a c...Read More
By Clive MaundThe 6-month chart for GDX shows it completing what looks like a Head-and-Shoulders top at a quite a high level, and with this morning's drop it could soon break down from the pattern leading to a potentially steep drop.On the 13-month chart for GDX we can see that there is plenty of room for it to drop, and the minimum objective in the event of it breaking below nearby support is...Read More
By Avi GilburtRarely do you enter a market environment when the fear is as palpable as it was in the middle of March of this year. The world was coming to an end based upon most of what I was reading. And, as we were approaching the market lows (and even all throughout the 45%+ rally we just experienced), many continued to call for further crashes with many targets being noted at 1800, 1600, and...Read More
Strengths? The best performing precious metal for the week was palladium, up 0.77 percent. ETFs added 241,076 troy ounces of gold to their holdings on Monday, bringing net purchases for the year to 17.2 million ounces, according to Bloomberg data. Total gold held by ETFs rose 21 percent this year to 100.2 million ounces - the highest level since June 2019. However, on Thursday th...Read More
By: Ira EpsteinGold needs to get above $1729 to swing the trend, the August gold contract. Supports around $1688 then towards $1,660s:Read More