There was a lot of discussion on climate change and ESG, with virtually every corporate presentation and panel touching on it.Read More
Today is Tuesday, February 11, 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 $1,567.35. It's down -0.30% from yesterday and u...Read More
Today is Tuesday, February 11, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Cameco Corporation (NYSE: CCJ), CNX Resources Corporation (NYSE: CNX), and Cabot Oil & Gas Corporation (NYSE: COG).Cameco Corporation (NYSE: CCJ)Cameco Corporation (NYSE: CCJ) is a $3.649 billion company today with a one-year return of -28.69%. Let's look at its price-to-earn...Read More
I was happy the day I got fired from Caldor. A few months later, I was even more stoked when the manager at Price Chopper stuck out her pudgy mitt and demanded my name badge. After all, I had a giant FU card in my pocket. As a high schooler, I could always go home and eat mama's cooking and sit on the same couch I did the year before. I didn't need that job.Heck, the point of investing is to gain...Read More
When the coronavirus that caused Severe Acute Respiratory Syndrome (SARS) became a worldwide health emergency between November 2002 and July 2003, I was the bureau chief for The Far Eastern Economic Review magazine in Singapore.Reporters were instructed to stay at home and we spent our days tracking down scientists, doctors and healthcare workers by phone to comment on the mysterious virus. We als...Read More
This episode features the induction of the Eberhard ("Ebe") Scherkus to the Canadian Mining Hall of Fame. The ceremony took place at the Metro Convention Centre in Toronto on Jan. 9, 2020.The success and longevity of Agnico Eagle Mines owes much to Eberhard ("Ebe") Scherkus, who joined the company as a project manager in 1985, became chief operating officer (COO) in 1998, and was president and COO...Read More
Canadian Mining Journal, The Northern Miner and MINING.com are pleased to introduce our new On the Move newsletter. This monthly publication will track management and board appointments across Canada's mining and mineral exploration industry. Each month, we'll also highlight the achievements of companies and individuals in the sector in our "Awards and Accolades" section.Keep us up to date on your...Read More
Excelsior Mining (TSX: MIN) announced in early February that it is fast-tracking a production optimization program, based on data collected at its Gunnison in-situ recovery copper mine in Arizona."These upgrades were planned to take place over time once nameplate production had been achieved," the company said, noting that mining activity began in January, but Excelsior decided to make the changes...Read More
The U.S. is host to a number of enviable mining jurisdictions, both in terms of geological endowment and investment attractiveness. Nevada is perhaps most well-known, with Alaska a close runner-up. Idaho is also emerging as a desirable destination for developers. We present eight companies exploring, developing and operating within the U.S. Americas Gold and SilverAmericas Gold and Silver (TSX: US...Read More
BHP Group (NYSE: BHP; LSE BHP) has become the world's largest copper miner based on production, after Chile's copper commission announced a slide in output at state-owned Codelco.Hampered by declining grades Codelco production declined by 5.6%, or about 100,000 tonnes, last year.Codelco, nationalized in the early 1970s, churned out 1.706 million tonnes of copper, the lowest level since 2008, when...Read More
Contact Gold (TSXV: C) has released the results of two holes completed last year at the past-producing Green Springs gold project, which lies within the Cortez trend, 25 km from Elko in Nevada.The drill highlights include 38 metres of 3.53 grams gold per tonne in oxides starting at 76 metres from the Echo zone, as well as 23 metres of 1.02 grams oxide gold starting at 12 metres at the Bravo zone.T...Read More
Change always moves faster than we think.Many of our readers know that all too well as they took advantage of the early days in the marijuana boom.The same goes for the rapid adoption of renewables, especially solar, as it moved from a costly form of virtue signaling to the cheapest form of electricity generation in the nation.We're rapidly approaching another inflection point where a small segmen...Read More
Bullion has many advantages for long-term investors, experts say. But for those who want to bet on the current rally, gold-mining stocks may be preferable.Read full newsRead More
YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMBy Ed Steer08 February 2020 -- Saturday The gold price wandered around a few dollars either side of unchanged on Friday -- and that lasted until the job numbers hit the tape at 8:30 a.m. in New York. It rallied a bit from there, but obviously ran into 'something' a few minute after the 9:30 open of the equity markets. Once the 10 a.m. EST a...Read More
What underlies the tremendous runup in the price of Palladium and now the giant spike in Tesla stock? They are connected. Tesla stock has spiked despite its self-driving cars doing strange things like running people over and spontaneously combusting. The reason for this is the relentless drive towards electric cars which will result in a massive increase in demand for palladium and electric car...Read More
By: Ira EpsteinCoronavirus impact on supply chains coming? Bigger picture on the gold market: monthly uptrend is bullish, bias is up, momentum is still up. 18 month moving averages is still over the 100 month, another bullish sign.Read More
StrengthsThe best performing metal this week was palladium, up 1.44 percent as Jeffrey Currie, head of global commodities research at Goldman Sachs, commented he sees the potential for palladium to test $3,000. With Friday's gain, gold saw a third straight day of positive momentum as concerns of economic fallout surrounding coronavirus outweighed stronger-than-expected U.S. job gains. Holdings i...Read More
Rick Ackerman, Rick's Picks Could it possibly get any better? Trump has shrugged off impeachment and taken a well-earned victory lap, the Democrats are headed for a landslide loss in November, and the U.S. consumer economy is hitting on all twelve cylinders, powered by shop-till-you-drop exuberance that has made even the ongoing, trillion dollar writedown of shopping malls a relatively nigg...Read More
Vanstar Mining Resources has appointed Freeform Communications Inc. as Investor Relations in Western Canada as well as their Online Marketing services. Freeform Communications Inc. is a Vancouver based Investor Relations and Online Marketing Firm. With over ninety years of combined experience, specializing in a full range of investor relations and capital market services, Freeform hasRead full new...Read More
Zinc prices lurched on Monday to their lowest since July 2016 after a surge in i...Read full newsRead More