The coronavirus is allowing the stock market to reflect some of the economic and monetary problems that have been simmering under the surface. It's not going to cause millions of deaths and mass panic. But it is going to slow the global economy. And in that respect, it could end up being the prick this bubble was looking for. The impacts are already severe and their full effects won't be felt f...Read More
Stewart Thomson, Graceland Updates 1. "He will lose the election, that's for sure...Ford lost to Carter after the 1973 oil shock, Carter lost to Reagan due to the second oil crisis in 1979, and Bush lost to Clinton after the Kuwait invasion. The Democratic field is poor, but Trump is dead." - Legendary economist Nouriel Roubini, March 2, 2020.2. Corona is the kind of crisis...Read More
StrengthsThe best performing metal this week was gold, down 3.51 percent. As of Wednesday, gold-backed ETFs saw 25 consecutive days of inflows and rose to the highest level ever of 2,624.7 tons. Bloomberg reports that after rising 18 percent last year, gold extended its rally into 2020. Turkey's gold reserves rose $1.1 billion from the previous week to now total $29.7 billion as of February 21...Read More
By Ira EpsteinGold update, key technical supports and what to come from the corona virus:Read More
"@killerwild The key number to watch is the 1642 area (+/-) 5 bucks.Closing above it leads to a cycle inversion (peak when it should be a low).Next short term trend change is due March 9th (Plus or minus 72 hours).A low = trend intact.A high would be odds for a selloff into April."Read full newsRead More
GoldMining Inc. announces the completion of its previously announced indirect acquisition of the Almaden Gold Project.Read full newsRead More
Toronto, Ontario--(Newsfile Corp. - March 2, 2020) - Pancontinental Resources Corporation (TSXV: PUC) (Read full newsRead More
Audience was unimpressed but Bristow was composed.Read full newsRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM") today announced that it has entered into a definitive agreement with the shareholders of Shepherd Thermoforming & Packaging Inc., ("Shepherd") a leading thermoformer with over 35 years' experience, to acquire 100% of Shepherd and all its real estate assets for CAD$9.5 million in cash (the "Share Purchase")...Read More
Here is what's new today on INK Ultra Money. INK Research subscribers have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website.1. A near million-dollar bet on healthier days - INK ResearchThe coronavirus is serving up a wide range of risks. In this report, INK Research looks at Teck Resources (TECK), a stock that could perform...Read More
TORONTO - Today, Greg Rickford, Minister of Energy, Northern Development and Mines, announced Ontario is investing more than $10.5 million in 28 companies that supply products and services to the mining industry. This funding will help create or retain over 180 jobs.Investments made through the Northern Ontario Heritage Fund Corporation (NOHFC) include: $1 million for Coloured Aggregates Inc. in...Read More
Debuting at AME Roundup last January, the "soft launch" of Lantern was anything but soft. With giant projections on the sides of nearby buildings and miniature mining lanterns trading hands across the floor, the buzz around the young start-up's interactive booth was as energetic as its name.Attracting interest from an equal mix of drilling, mining and mineral exploration companies, Lantern brings...Read More
Traditionally, dropping a plug for cementing, grouting, wedging or any one of several downhole applications has taken three rod trips: one for pulling the entire drill string out of the hole, two for installing a rod shoe and going back down, and three for pulling the rods after a plug was set. It's a feat that's taken many hours across multiple shifts to achieve, assuming no mistakes were made al...Read More
Justin Trudeau's new tax incentive would make it more affordable to invest in mining equipment. (Read More
The top gold mining company Barrick Gold (TSX:ABX)(NYSE:GOLD) stock has surged more than 60% in the last 12 months. However, even after a strong rally, the stock still seems to have a long way to go. Stable earnings and dividends, along with a solid outlook for the yellow metal ahead in 2020, make it an attractive pick for long-term investors.Almost a zero-debt companyBarrick Gold is fast approach...Read More
After a tumultuous two-week period, markets shot back to life yesterday, erasing some but not all of the losses recently sustained. Despite that positive move, market volatility remains high, and most investors are likely pondering the same questions: What will happen next, and how can I protect my hard-earned portfolio?While defensive investments remain the go-to answer to many of those uncertain...Read More
The coronavirus outbreak has triggered considerable fears that a global recession is imminent, with some analysts predicting that global economic growth could be cut in half. Indeed, gross domestic product is predicted to expand by a modest 1.5% during 2020, creating an environment of fear that sees many investors fleeing stocks for the ultimate safe haven asset, gold.This has seen the yellow meta...Read More
Up 34% over the last 12 months, gold mega-miner Newmont (TSX:NGT)(NYSE:NEM) was one of only a handful of stocks that remained positive south of the border as the S&P 500 Index tanked. By the end of the week, its performance on the similarly battered TSX showed a 10% loss — a move that would have alarmed even the most steadfast of investors in any other week.Seeing a classic defensive pla...Read More
Drill rig at the Marathon Deposit, Valentine Lake Gold Camp - Image courtesy of Marathon Gold Drilling between the Marathon and Leprechaun deposits at Marathon Gold's (TSE: MOZ) Valentine Lake project in Canada's Newfoundland province has confirmed a new area of mineralization: The Berry zone.Drill highlights include 55 metres of 2.24 g/t gold, 8 metres of 3.92 g/t gold and 8 metres of 3.02 g/t...Read More
Norcat, a provider of skilled labour training for the mining industry, has announced a partnership with Vale (NYSE: Vale) to develop and deploy an experiential learning program.As part of this partnership, Norcat is creating interactive and experiential training tools which include virtual reality (VR) pre-operational circle check training and exercises for mine equipment. As part of this part...Read More