With gold breaking through US$1,600 per oz. - "a key long-term resistance zone" - analysts at Haywood Securities recommend "increasing tactical exposure to gold and gold miners" and "particularly juniors."In a research note to clients, the brokerage says the US$1,600 per oz. zone "marks an important inflection point for the commodity ... The next major resistance level is in the 1800 zone which, i...Read More
Atac Resources (TSXV: ATC) has unveiled an updated preliminary economic assessment (PEA) for its Tiger deposit in the Yukon, envisioning a smaller, higher grade operation with better economics compared to a previous PEA completed in 2016.The new PEA outlines an open-pit operation with a life of seven years (including one year of construction) and average annual production of 45,000 oz. gold. Tot...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) plans to ramp up development of its Winu copper-gold project in Western Australia, with first production expected in 2023.The world's No. 2 miner continues drilling and geophysical testing at the asset, which could be its next major copper project, and is progressing discussions with land owners to keep moving forward.Chief executive officer Jean-S?(C)bastien Jacque...Read More
Mboweni had tweeted earlier this week his team's budget speech drafting session had to adjourn due to load shedding by Eskom, the country's state-owned power utility."So frustrating," he tweeted at the time.The country's miners were hobbled by unprecedented load shedding in December and the MCSA had described the electricity supply crisis as "the single biggest risk" to the economy as it called fo...Read More
The story I'm about to tell you today is most likely true...It deals with Gypsies, the Roman Empire, and the mysterious mountains of Transylvania. Among the many stories I was told in Romania - tales of vampires, ghosts, and invasions - one of the most interesting had to do with gold and wealth.And it couldn't have come at a better time for investors.You see, I spent a week in Romania this month f...Read More
Clive MaundThe market crash called for on the site on the 15th, right before it started, is now going full bore, and in this update we are going to consider the short-term outlook, especially insofar as it impacts upon our Tech sector puts, and also the grim longer-term outlook.A full-on "in your face" catalyst for the crash has arrived in the form of the Covid-19 or coronavirus, which has alre...Read More
Steve St. Angelo, SRSrocco Report The Global Financial System is now under severe stress. While there have been many factors leading to up to this point, the situation that is unfolding in China and abroad seems to be speeding up the process. Yesterday, the market got a small WHIFF or WOKE up a TAD in regards to a global contagion and soon to be the rapid contraction of the JIT - Just In Ti...Read More
By: Gary SavageWe don't have the signs of an ultimate bubble top. What kind of behavior would show this? A mini bubble? Gold is anticipating inflation in the years ahead. Gold mining stocks $GDX technical update / baby bull high:http://blog.smartmoneytrackerpremium.com/Read More
VANCOUVER, Feb. 25, 2020 /PRNewswire/ - Columbus Gold Corp. (cgt:TSX)(cgtff:OTCQX) (Read full newsRead More
Egypt announced a new exploration tender for gold-mining, offering international companies a chance to bid on blocks in the eastern desert after revamping regulations that drew complaints from investors.Read full newsRead More
High Grade results include 22.6g/t Gold and 1,431g/t Silver over 3.0mRead full newsRead More
High Grade results include 22.6g/t Gold and 1,431g/t Silver over 3.0mRead full newsRead More
1933 Industries announces that Ms. Jeannette VanderMarel will be providing advisory services to the Company in the areas of business development and corporate governance.Read full newsRead More
NV Gold Corporation is pleased to announce a non-brokered private placement of units of the NV Gold for gross proceeds of up to CDN$750,000.Read full newsRead More
Emgold Mining announces it has signed a Property Acquisition Agreement and will sell its Stewart and Rozan Properties to Ximen Mining Corporation.Read full newsRead More
Brixton Metals Corporation has commenced a 1,000m drill program at its wholly-owned Langis Mine property in the Cobalt Camp, Ontario, Canada.Read full newsRead More
Deep-South Resources Inc. announces that it has appointed Mr. Paul Smith to its Board of Directors and has appointed Ms. Chantelle Collins as CFO.Read full newsRead More
Based on INK Research sentiment indicator changes, this morning we downgraded the US market to overvalued. While a bounce could take place should coronavirus disease (COVID-19) worries subside, we believe it would be a mistake to aggressively add to certain positions that worked in the past. There is one big name that we believe investors should avoid right now based on our signals.The name and o...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. Activist Short-Selling: Uncovering Fraud and the Future - Real VisionCarson Block, CIO of Muddy Waters Capital - an activist short-selling fund, joins Real Vision again to discuss activis...Read More
Hong Kong's Hang Seng was yesterday's exception, up 0.27%.Futures are pointing to another day of losses."Market participants are becoming resigned to the fact that the economic slowdown caused by the coronavirus may extend longer than previously anticipated," IG analyst Kyle Rodda explained in a column piece.China's top economic planner told reporters yesterday the country was making considerable...Read More