Copper advanced to a 12-week high on June 4 as China's US$700 billion stimulus program focussed on so-called "new infrastructure" and "new urbanization" kicked into gear.Copper trading in New York jumped to US$2.5025 a pound (US$5,515 a tonne) in midday trading, bringing the bellwether metal's gains since its mid-March low to just under 27%.BMO Capital Markets pointed out in a research note that d...Read More
Pure Gold Mining (TSXV: PGM; LSE: PUR) is starting a 30,000-metre underground and surface diamond drill program at its wholly owned PureGold Red Lake mine. The program will be focused on near-term mine plan optimization, resource growth and target new high-grade discoveries.Pure Gold expects to pour first gold at the mine before the end of this year."We believe strongly in the organic growth poten...Read More
Turn on any news channel and it looks like something out of a work of dystopian science fiction. Gangs of cops, clad in body armor, their faces hidden behind visors and masks, walk the streets. God help anyone who crosses their path. Overhead, a glowing sign looms. A politician's smiling face sits next to a reminder that curfew starts at 8. Military vehicles move in convoys down those same stre...Read More
24/7 Wall St. screened the BofA Securities precious metals research universe and found five gold stocks rated Buy that look like solid plays for investors starting to worry about renewed volatility.Read full newsRead More
With the nation in deep crisis, stocks continued on their heedless path higher. The seemingly demented rally is demonstrating yet again that bull markets at some point decouple so completely from reality as to mock those who thrive by promoting them. By now, the spun story that investors are looking past the pandemic and focusing on renewed growth is sounding increasingly farfetched. Some econom...Read More
By: Gary SavageThe US Dollar Index has broken through support and is heading lower. Where to next?https://blog.smartmoneytrackerpremium.com/Read More
Steve St. Angelo, SRSrocco Report What goes up, must come down. And, this is most certainly true for the mighty North Dakota Bakken... the second-largest shale oil-producing region in the United States. Even after the global contagion fades away, the North Dakota Bakken has likely reached peak production. According to a new chart by Jean Laherrere, from his recent work titled, Negative WT...Read More
By: Ira Epstein18-day moving average near 1740, strong support in the lower $1700's:Read More
We are proud to present several companies which are new to the Investing News Network.Read full newsRead More
Northstar Gold Corp. is pleased to report recently received assayRead full newsRead More
Today, we hear from Teddy Vallee, founder and chief investment officer of Pervalle Global. Looking over a long-term horizon, he sees negative real returns for US equities. However, he expects there will be opportunities to make money by trading and potentially investing in markets with a better outlook than the US. He has been bullish on gold miners and going forward he is very bullish on bitcoin...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has entered into an agreement with a reporting insider of the Company in connection with a non-brokered private placement financing (the "Offering") pursuant to which the insider has agreed to subscribe for up to 1,400 senior unsecured convertible debentures (the "Convertible...Read More
An acclaimed debut novel of two orphaned children of Chinese immigrants struggling to survive during the Gold Rush days of the American WestRead full newsRead More
The price of gold has shown signs of reversing course ahead of the May low ($1670) as it extends the series of higher highs and lows from the previous week. The precious metal attempted to test the 2012 high ($1,796) as the Federal Reserve prepares to have the Municipal Liquidity Facility along with the Main Street Lending Program up and running in June. Analysts expect this to fuel a bullish mar...Read More
Even though the global economy is a mess, stocks are telling a completely different story. Markets are roaring as if we are entering a new golden age of economic prosperity. I am in fact happy that volatility is dropping and risk is coming back online. Personally, I hope the gold rush is over at the moment. However, it is not for the reason that you might think. I am looking at adding to gold...Read More
The Tax-Free Savings Account (TFSA) and RRSP are both fantastic tools for investors. While RRSP offers a significantly higher contribution limit, TFSA offers tax-free growth. If the bulk of your investment growth is taking place inside a TFSA, you can enjoy a cozy and well-funded retirement without worrying about being pushed into a higher tax bracket.That said, the “low” contribution...Read More
The Almaden project is Located 140 km north of Boise, Idaho, pictured here. (Adobe Stock) GoldMining has announced a mineral resource estimate for its wholly owned 17.2-sq.-km Almaden project, 140 km north of Boise, Idaho.The pit-constrained estimate includes 43.5 million indicated tonnes grading 0.65 g/t gold for a total of 910,000 contained oz. with a further 9.2 million tonnes inferred at 0.5...Read More
An outcrop at Probe Metals' Val-d'Or East gold project in Quebec. Image from Probe. Probe Metals has released assay results for drill holes completed at its wholly owned Val-d'Or East property in Quebec, which covers 119 sq. km. According to the company, this drilling has extended the Bussiere West and Southeast zones, which lie along the Courvan gold trend, on strike and at depth.The drill high...Read More
Loading ore into a haul truck at the Eagle gold mine. (Image courtesy of Victoria Gold).Victoria Gold's (TSE: VGCX) Eagle gold mine in Canada's Yukon territory has produced 25,068 oz. of gold from the start of this year until the end of May, and is expected to achieve commercial production at the end of the second quarter or early in the third quarter.In a release, the company's management noted...Read More
Waterval Smelter Complex in Rustenburg South Africa - Image from Anglo American Platinum. Anglo American Platinum has shut down its Phase B unit of the Anglo Converter Plant in Rustenburg after a water leak in the high-pressure cooling section detected on Sunday. "Our systems allowed us to bring the unit down pro-actively and safely. All employees evacuated the area safely," Amplats said in a re...Read More