Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 408,34954,70066,606175,519561,131650,474682,437 Change from Prior Reporting Period 51,8146,1397,343-6,11041,71153,04755,193 Traders 25958685356336164 Small Speculators LongShortOpen Interest 64,84332,880715,317 4,2462,10057,293 non reportable positionsCha...Read More
Gold is enjoying an awesome week, surging back above $1600 for the first time in nearly 7 years! That big round psychologically-heavy level is really catching traders' attention, great improving sentiment. Yet this recent gold surge has proven peculiar. Unlike normal rallies, the buying driving this one largely hasn't come from gold's usual primary drivers. The stealth buying behind this...Read More
By: Ira EpsteinGold is at the highest close in years. The old highs at the start of 2020 is now gone, trend is up, momentum..https://www.iraepstein.com/Ira EpsteinOver the past 35-years Ira Epstein has developed a reputation for providing clients with easy to use technology and teaching good old fashioned trading know-how. No matter how technology changes the methods of entering orders, there'...Read More
Anglo-American mining firm Lydian International called on the Armenian governmen...Read full newsRead More
"A very good video all about the #Juniormining space (the best content starts at 4min)...what to ask, what to watch, what kind of company is best to invest in... Royalty? Prospecting?#MustSee#MomentumStockshttps://t.co/hJeqssdk87"Read full newsRead More
Armadale Capital (LSE:ACP) has reiterated its intention to deliver a definitive feasibility study ("DFS") for its Mahenge Liandu graphite project in the cu...Read full newsRead More
"Ariana Resources (#AAU) announces quarterly ops update for Kiziltepe.Gross income for the year is $45.1 million from production of 27,985oz of gold, exceeding its full year production guidance by 12%https://t.co/YUxonJouFK"Read full newsRead More
Here is what's new today on INK Ultra Money. Canadian Insider Club Ultra members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website.1. Enthusiastic Aquilini - INK ResearchAs esports gains in popularity, Enthusiast Gaming Holdings (EGLX) has thrown its hat into the ring to try and profit from all the excitement. The compa...Read More
Here is what's new today on INK Ultra Money. Canadian Insider Club Ultra members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website.1. Enthusiastic Aquilini - INK ResearchAs esports gains in popularity, Enthusiast Gaming Holdings (EGLX) has thrown its hat into the ring to try and profit from all the excitement. The compa...Read More
The aftermath of the disaster in Brumadinho after Vale's tailings dam collapsed. Photo by Vin?-cius Mendon??a/Ibama, Wikimedia Commons. Vale (NYSE: VALE) posted a loss of $1.68 billion in 2019, compared to a net income of $6.860 billion in 2018, the Brazilian miner reported on Thursday. The $8.5 billion decrease was mostly driven by provisions and expenses related to the Brumadinho dam rupture th...Read More
The Rouyn gold project is located about 40km southwest of IAMGOLD's operating Westwood mine and mill. (Image courtesy of Yorbeau Resources) IAMGOLD (TSE: IMG) posted a net loss from continuing operations of C$373.3 million on revenues of $1.1 billion after recording a $395-million impairment charge related to its Westwood mine in Quebec.Westwood experienced increased seismic activity in the fourt...Read More
Canadians are in favour of the Old Age Security (OAS) except for one infamous feature – the 15% clawback. If you’re also hoping to limit the effect of the OAS clawback, you could try two ways to win versus the taxman.Split the pension Couples are beginning to see the advantage of splitting the pension to reduce the clawback amounts. If your spouse has a lower income, you can elect to t...Read More
Building your portfolio with stocks that will do well all the time, as well as holding their own in a recession will be the key to long-term success.While it could be appealing to buy only stocks that are recession proof without knowing when a recession may come, this could be a high-risk decision and lead you to leave a lot of potential gains on the table while you’re busy trying to protect...Read More
A P&H 4100 shovel loads coal into a haul truck at the North Antelope Rochelle mine in Campbell County, Wyoming. Credit: Wikipedia Wyoming andMontana filed a U.S. Supreme Court motion last month against the state ofWashington for blocking access to the last major coal export project on theWest Coast, impeding the states' ability to get their coal to Asian markets.When Wyoming Governor Mark Gordo...Read More
Brazilian flag at Pra??a dos Tr??s Poderes in Bras?-lia. (Wikimedia Commons) Even with Vale (NYSE: VALE) posting this week a loss of $1.68 billion in 2019, Brazil set a record on royalties received from mining companies. Brazil received $1.03 billion in mineral royalties in 2019, according to the Brazilian Mining Agency. The royalties paid by mining companies were 48.3% or $700 million, higher t...Read More
Nemaska Lithium CEO Guy Bourassa. Credit: Nemaska Lithium. Nemaska Lithium CEO Guy Bourassa has stepped down. He would leave the management team and vacate his seat on the board with immediate effect, the Quebec-based lithium developer announced Friday."Given the restructuring the corporation is undergoing and the current market conditions, we mutually agreed that it was in the best interest of t...Read More
Seven straight sessions of gains lifted the gold price to a fresh 7-year high on Friday after renewed fears about the coronavirus sent investors scurrying for safe haven assets, equity markets fell and long-term US interest rates fell to a record low. The gold price touched a new intra-day high of $1,652.10 on the Comex market in New York, up 2% or $32 an ounce from yesterday's settlement and the...Read More
Speaking during the company's December-quarter earnings call Thursday, Goncalves said 2020 would be a transformational year for the 173-year-old company.Goncalves is excited about the AK Steel acquisition, since it will add fully integrated capacity to the company's production portfolio. That company mainly serves the automotive market, providing materials required for electric vehicle produc...Read More
The work is across 11 projects in Australia and Africa.The largest is a A$200 million underground contract for Panoramic Resources' Savannah nickel mine in Western Australia. The three-year contract, which was previously flagged, will begin next month.The remainder of the work was won by Perenti's surface mining group.It includes a three-year contract with Idemitsu Australia at the Boggabri c...Read More