Uncertainty over the coronavirus outbreak - which has sickened 37,251 people in 25 countries and left 813 people dead (all but two of them in mainland China) as of Feb. 9 - has analysts trying to calculate the economic impact of the disease on global economic growth, commodity markets and worldwide trade and supply chains.In particular, the health crisis is raising fears of a slowing Chinese econo...Read More
This episode features the induction of the late Hans Lundberg to the Canadian Mining Hall of Fame. The ceremony took place at the Metro Convention Centre in Toronto on Jan. 9.Hans Lundberg was a visionary pioneer in the development and application of geophysical and geochemical methods for mineral exploration. Lundberg was the first to conduct ground geophysical surveys in Canada in the 1920s, and...Read More
Nighthawk Gold (TSX: NHK) has released the results of nine holes completed last year at the Treasure Island gold project, located within its 899-sq.-km Indin Lake property in the Northwest Territories.The drill highlights include 13 metres of 8.51 grams gold per tonne and 7 metres of 6.35 grams gold.All of the 19 holes completed at Treasure Island last year intersected mineralization. Drilling to...Read More
Gold has been on a tear, adding over $300 per ounce over the last eight months, or nearly 22%. It's now sitting at levels it hasn't seen in nearly seven years.The question is, how much further can we expect it to run?We have seen spikes from the recent Iran drama, and a bit from the coronavirus scare as well. Headlines will always drive short increases, but fundamentals will carry the long-term tr...Read More
The long, disheartening decline of passenger rail in the U.S. may be turning around, thanks in part to the ambitious efforts of a ...Read More
Imagination Park Technologies (CSE: IP- OTCQB: IPNFF) President and CEO Alen Paul Silverrstieen joined Steve Darling from Proactive Vancouver on Skype to discuss the augmented reality company that is preparing for a big 2020 as they bring AR-as-a-Service pretty much anyone without any programming or technology experience.Read full newsRead More
TORONTO, Ontario, Jan.31, 2020(GLOBE NEWSWIRE) -- Centerra Gold Inc. ("Centerra") (TSX: CG) is pleased to announce that the first gold pour from its...Read full newsRead More
- Gary Tanashian, NFTRHNote: The following is a TA post. It tries not to focus on fundamentals or the negative potential sentiment setup that could develop when Coronavirus relief finally spreads across the land. It's the short and long-term TA of it, as it stands now.I found this comment response to the GoldSeek version of my article on the long-term gold Commitments of Traders situation...Read More
By: Ira EpsteinGold pushing upper band of Bollinger band on monthly gold chart. There is nothing bearish on the chart, 18-month moving average now bullish, over the 100-month moving average. Weekly gold chart trying to break above the 1613.30 highs from missile day - swing lines. The uptrend in gold continues..Read More
StrengthsThe best performing metal this week was gold, up 1.12 percent. The majority of gold traders and analysts were bullish in the weekly Bloomberg survey as concerns mount regarding the coronavirus spreading out of China. The yellow metal had a second monthly gain as investors flock to safe havens amid the global health emergency. China's gold imports rose in December to the highest level...Read More
"When I have to depend upon hope in a trade, I get out of it." Jesse Livermore, American stock trader, speculator, How to Trade in Stocks; 1877-1940 "The most important lesson from investing is humility." Sir John Templeton, American born British investor, banker, fund manager, philanthropist; 1912-2008 "Any fool can buy. It is the wise man who knows how to sell." Albert W. Thomas, trader, inv...Read More
Coronavirus anxiety has replaced trade war anxiety as the one-size-fits-all explanation for the stock-market's bad days. Wall Street initially thumbed its nose at the virus threat, staging a strong rally early last week even as the death toll mounted in China. But when a few cases turned up in the U.S. and airlines started canceling flights in and out of China, investors took notice. Their a...Read More
Massive Chinese central bank intervention has resulted in gold trading flat, silver falling and copper rising. Chinese evening session will be closed in metals and energy futures. 1. China's central bank said it will inject 1.2 trillion yuan ($173.8 billion) worth of liquidity into the markets via reverse repo operations today. 2. China's central bank unexpectedly lowered the interes...Read More
TD Securities global head of commodity strategy Bart Melek discusses how coronavirus is affecting metals prices, including copper.Read full newsRead More
TD Securities global head of commodity strategy Bart Melek discusses how coronavirus is affecting metals prices, including copper.Read full newsRead More
The company reported net loss and cash used for 2019 in-line with past years while making progress on the permitting front.Read full newsRead More
Dr. Mark O'Dea, founder of Oxygen Capital delivers his keynote presentation: "Right timing. Right place." to an absolutely full ...Read More
On Thursday, Canada's main stock index TSX registered a small increase on strong U.S. corporate earnings and improved risk appetite in the midst of ongoing threats from a coronavirus pandemic. Gold climbed to a near three-week high on Monday as growing concerns over the economic fallout of the coronavirus outbreak saw investors looking for safe havens. Spot gold was up 0.4% at $1,577.31 per ounce...Read More
The copper price declined again on Monday as markets in China, responsible for more than 50% of the world's copper consumption, reopened to deep losses after an extended halt to trading due to the coronavirus outbreak. Thirteen consecutive down days in New York saw copper for delivery in March pushed down 14% in value, last trading at $2.4875 a pound ($5,485 a tonne) on the Comex market in New Yor...Read More
Results from the most recent exploration release from the Cliff Creek South zone at Benchmark Metals' Lawyers project extended the total mineralized strike of the Cliff Creek area to over 1 km.Drill highlights include:102 metres of 1.44 g/t gold-equivalent;111 metres of 0.77 g/t gold-equivalent; and19.6 metres of 1.61 g/t gold-equivalent."The Cliff Creek South zone is providing the grade, consiste...Read More