Publisher's Note: Today we're bringing you an excerpt from The Dines Letter from April 6, 2020.Mr. James Dines has been an unparalleled source of research and analysis for decades and it's never been a better time to hear from "The Original Gold Bug."Call it like you see it,Nick HodgeThese are historic times, like a new war, with unknowable consequences, and many books will be written about it. T...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index continued its winning ways, adding 8 points or 1% to close at 851.33. The Index is now up almost 40% from its March lows.MACD pulled back 11.26 points to close at 21.42. RSI rose 1.41 points to 52.12.Support moves up to 778 (20-day moving average)...Read More
(Kitco News) - SSR Mining Inc.'s (NASDAQ, TSX: SSRM) three operations combined to produce over 107,000 gold-equivalent ounces during the January-M...Read full newsRead More
On a global scale, work is grinding to a halt and mines are being placed on temporary care and maintenance.Read full newsRead More
Don’t be fooled by the massive upside swings we’ve had in recent weeks, interspersed between serious daily declines, as evidence we’ve “bottomed.” I really don’t think we’ll see a true bottom until the end of this year (at the earliest) or 2021 (more likely).Gold has not turned out to be the hedge most investors expected during this recent and extremely hi...Read More
Fresnillo's flagship Saucito mine in Zacatecas, the world's largest silver operation. (Image courtesy of Fresnillo). The deputy secretary of work at the national level for the Confederation of Mexican Workers, Javier Villarreal, asked the federal government to include mining in its list of 'essential services' so that operations can resume in May.Most economic activities were halted in Mexico in...Read More
(Image courtesy of Minera Panam??). Minera Panam??, a subsidiary of Canada's First Quantum Minerals (TSX: FM), announced that it is working towards taking home some 800 people currently in preventive quarantine at its Cobre Panam?? operation.In a media statement, the miner explained that 2,000 people were stuck at the mining complex when it entered into lockdown following the detection of covid-1...Read More
Reference image of the Mazda MX-5 hydrogen vehicle. (Image by 160SX, Wikimedia Commons). Researchers at Northwestern University in the US, in collaboration with computational modellers at the Colorado School of Mines and colleagues at the National Institute for Standards and Technology, developed an onboard storage method for hydrogen and methane gas for the next-generation clean energy vehicles....Read More
Most economic activities were halted in Mexico in late March due to the COVID-19 pandemic, but the deputy secretary of work at the national level for the Confederation of Mexican Workers, Javier Villarreal, is asking the federal government to include mining in its list of essential services so that operations can resume in May.The union leader, speaking to the newspaper El Universal, said activiti...Read More
Well-known mining experts continue to suggest precious metals are the place to be during the ongoing turmoil, but many have offered words of caution for inve...Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Medusa Mining Ltd:Read full newsRead More
This month we launched INK Research Chat which is our latest feature to help you make better investment decisions. Best of all, it's free for Canadian Insider Club members and INK subscribers. To ensure the highest quality of discussion, it is by invitation only. This community forum is designed to provide our members and paying subscribers with additional insider insights and a venue to exchange...Read More
New Pacific Metals (TSXV: NUAG; US-OTC: NUPMF) says its Silver Sand project in Bolivia is one of the more significant primary silver discoveries in the last decade, and the majority of the mineralization identified so far lies within a few hundred metres of surface.The company released its inaugural resource estimate on the deposit this week, two years after acquiring the project, outlining 35.39...Read More
The massive worldwide pandemic caused by the novel coronavirus has abruptly changed lives around the world. And while a lot of businesses and stocks have been impacted, some of the least-impacted stocks so far have been TSX gold stocks.The abrupt shutdown of economies and the massive job losses suffered as a result have become one of the biggest economic challenges we have seen in decades.Governme...Read More
The Canada Revenue Agency has delayed the tax filing and submission dates, to give the Canadians a bit of breathing room in these harsh economic times. It means that you have even more time to go over any tax deductions you might be eligible for. A heavy tax bill is a hefty weight on your heart and your wallet. But if you know all the deductions and credits you are qualified for, you might ha...Read More
One of the few assets to perform strongly since the coronavirus outbreak is gold. The yellow metal, which is regarded as the ultimate safe-haven asset, has soared 12% since the start of 2020. It is trading at US$1,699 an ounce and is poised to move higher. This has been a boon for gold miners. One that is performing strongly is Lundin Gold (TSX:LUG). The miner gained 33% over the last month, despi...Read More
“The stock market is risky.” It’s the phrase that is repeated by people who don’t understand the stock market or think they understand it too well. What they don’t understand is that people who do invest in stocks understand that it’s risky. But they still do so because there are methods and practices to mitigate the inherent risks of investing in stocks.As the...Read More
Demand for gold investments has gone through the roof amid the COVID-19 panic.According to the World Gold Council, gold-backed ETFs saw a net inflow of $23 billion the January to March 2020 quarter - the highest quarterly amount ever!Meanwhile there was essentially a run on physical gold back in February with bullion dealers actually selling out of inventories.The renewed interest in gold as a saf...Read More
The S&P/TSX Composite Index rose 1.37%, or 193.30 points, to finish the April 13-17 trading week at 14,359.90. The S&P/TSX Global Mining Index rose 3.92% to 77.47, while the S&P/TSX Global Base Metals Index increased 0.34% to 73.34. Spot gold finished at US$1,686.50 per oz., a gain of 0.05%, and the S&P/TSX Global Gold Index climbed 6.11% to 306.28.Shares of Agnico Eagle Mines were up $7.04 to $...Read More