Having a portion of your portfolio in precious metals is a good idea. It’s a good portfolio diversifier and a hedge against inflation. Gold hit a nine-year high on Thursday morning. But gold isn’t the only hot metal this year. Silver has rallied close to 40% year to date.Monetary stimulus and a week U.S. dollar will keep driving the price of silver. Its use as an industrial metal also...Read More
The two are negotiating a potential 50% equity investment in Thiess by UK-based Elliott.Read More
Share this articleSASKATOON - Cameco Corp. missed earnings expectations as it lost $53 million in the second quarter despite a 35 per cent growth in revenues.The Saskatoon-based uranium miner says it lost 13 cents per share for the period ended June 30, compared with a loss of six cents per share or $23 million a year earlier.Chief executive Tim Gitzel says the proactive shutdown of operations bec...Read More
Tesoro Resources Limited (ASX: TSO) is an Australian public company, focused in Chile, where it owns 70% of the district scale El Zorro Gold Project, in the Coastal Cordillera region. The Coastal Cordillera region is host to multiple world class copper and gold mines, has well established infrastructure, service providers and an experienced mining workforce. We learned from Zeff Reeves, Managing D...Read More
History is a progression of "new normals."One minute we're walking down a path with everything in sync. We become used to our routine, and it seems as if nothing will deviate us from our course.That's when the disruption happens.Few recognize the drastic change that's occurring and fewer still saw it coming.We experienced this for ourselves not too long ago, didn't we?I know for a fact that many o...Read More
July 29, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") provides an update on its Thorn Project exploration activities. Ongoing soil geochemical surveys and rock sampling has returned gold values up to 68.8 g/t Au from the West Outlaw target area where preparation for drilling has started.Due to strong investor demand Brixton is pleased to announce it has increased its...Read More
Copper Mountain Mining (TSX: CMMC) exceeded its revised operating plan for the second quarter of 2020, the Vancouver-based miner announced on Wednesday. The company operates three mines, one in British Columbia and two in Australia.Production for the three-month period reached 23.9 million lb. copper-equivalent, comprising of 18.1 million lb. copper, 7,499 oz. gold and 86,126 oz. silver.Revenues...Read More
Cameco (TSX: CCO; NYSE: CCJ) is planning to restart its Cigar Lake mine in northern Saskatchewan in early September, the Canadian uranium major announced.The restart of the mine, which has been placed on care and maintenance since March 23, will be dependent on several factors, the company said, including its ability to establish safe and stable operating protocols, as well as the availability of...Read More
Harte Gold's (TSX: HRT) Sugar Zone mine is back up and running, following a temporary shutdown at the end of March due to the Covid-19 pandemic.According to the company, longhole blasting and ore haulage rates underground are improving, and development and backfill activities are meeting or exceeding expectations. With a mill restart planned for August, Harte has built up a stockpile of feed for...Read More
Gold prices are now getting comfortable in their new record territory north of $1,950 per ounce.The flimsy foundation of global markets built on debt and low interest rates is getting battered by the winds of COVID-19.Already weak, with corporate earnings slowing since 2018, the abrupt halt in business and the jobless devastation that came with it has forced government and central banks to provide...Read More
July 29, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") provides an update on its Thorn Project exploration activities. Ongoing soil geochemical surveys and rock sampling has returned gold values up to 68.8 g/t Au from the West Outlaw target area where preparation for drilling has started.Due to strong investor demand Brixton is pleased to announce it has increased its...Read More
Gold prices have been on the rise, and producers of the precious metal have seen outsized gains.Read full newsRead More
Stewart Thomson, Graceland Updates1. Gold has arrived at significant resistance in the $1900-$2000 zone. Investors need a solid plan of action to deal with the intense volatility that is currently enveloping the market.2. Please click here now. Double-click to enlarge this December futures gold chart.3. In 2011, a key futures contract traded at about $2000. That...Read More
By: Ira EpsteinGold is in a historic moment. This market has not have had a lower-low day in this breakout, not allowing people in. SIXTH-day in a row over the Bollinger band now:Read More
Renforth Resources Inc. is pleased to share with shareholders ourRead full newsRead More
A rising gold price may not lift all mining boats. INK featured Ontario-focused Pure Gold Mining (PGM) in today's morning report as a junior that could keep sailing even if there is an inflationary G-economy tide. Watch the free video summary: Looking to start high-grade production in Q4 INK Canadian Insider Club members have access to core INK PDF reports including today's report on PGM. If yo...Read More
Gold prices have seen a positive correlation to the expansion of the Federal Reserve's assets, and as the Fed embarks on the largest stimulus program in its ...Read full newsRead More
Our call of the day is a bullish one from Goldman Sachs, which is upping the ante for those betting on stronger gold prices sticking around.Read full newsRead More
Our call of the day is a bullish one from Goldman Sachs, which is upping the ante for those betting on stronger gold prices sticking around.Read full newsRead More
KENORA - The Ontario government is providing $78,700 to upgrade the Lake of the Woods Railroaders Museum and to help boost local tourism and economic development in the City of Kenora. The funding will be delivered through the Northern Ontario Heritage Fund Corporation (NOHFC)."As our government works to get Ontario back on track, we are proud to invest in Kenora's heritage, including our proud hi...Read More