By: Ira EpsteinThis was an insurance rate cut. US is just starting to embark on easing rates. World economies race to bottom. One after another coming. What about gold? A strong dollar is not gold's friend, but don't fret..Read More
Gold and silver fell after the Federal Reserve stance on interest rate cut. There can be more fall today and tomorrow as well. Friday's US July nonfarm payrolls needs to come in below 100,000 for gold and silver bulls to revive. For now gold and silver bears have an upper edge. Traders and markets were way ahead on interest rate cut stance. The Federal Reserve chairman muted all those who were...Read More
Following a two day monetary policy meeting, the US Federal Reserve announced that it will cut interest rates by a quarter point.Read full newsRead More
"The world's largest gold mines come in all shapes and sizes. Here's a look at the true behemoths and which companies own them. https://t.co/YLKchYTOGu #mining #gold #investing"Read full newsRead More
NV Gold Corporation (TSXV:NVX, OTC:NVGLF) ("NV Gold" or the "Company") is pleased to announce that the Company will commence drilling at both the Slumber ("Slumber") and Frazier Dome ("Frazier") Gold Projects in August 2019.Read full newsRead More
Toronto - Today, Greg Rickford, Minister of Energy, Northern Development and Mines, issued the following statement in response to Enbridge's application of the federal carbon tax on natural gas rates:"As we have said from day one, the Ontario government is committed to lowering energy costs and providing transparency for low-income families, seniors and small businesses. That is why we have always...Read More
"Great Panther Announces High Grade Drilling Results from Exploration Program at the Tucano Gold Mine https://t.co/0PKNkubXkI"Read full newsRead More
(Reuters Breakingviews) - The word most frequently used by Greeks to describe th...Read full newsRead More
"Great Panther Announces High Grade Drilling Results from Exploration Program at the Tucano Gold Mine https://t.co/xwvIDtx4AY"Read full newsRead More
OceanaGold (TSX: OGC; ASX: OGC) has suspended underground mining at its Didipio gold-copper mine on the island of Luzon in the Philippines due to restraints imposed by the provincial government of Nueva Vizcaya.Local government units have impeded access to the mine since July 1, after the governor of the province issued a directive to "restrain any operations" of the company. The actions began tha...Read More
Ximen Mining Corp.'s ambitions begin with re-examining the historic Kenville Gold Mine near Nelson, BC, a funky town more recently known for its ability to mine tourist dollars.Ambitious junior exploration stocks have achieved several promising high-grade discoveries in British Columbia in recent years. This has ignited a mini bull market and contributed to some impressive gains for the companies...Read More
Gold has fallen from above US$1,433 an ounce yesterday to about $1,410/oz on the spot market earlier.However US market futures were looking positive at the time of writing, while key European market futures were mainly lower.US Federal Reserve chairman Jerome Powell warned against expecting a lengthy monetary easing cycle but did not rule out another rate cut, Bloomberg reported.Attention will now...Read More
The company, which has lifted 2019 production guidance to 7.5-7.9 million tons from the previous 7.1-7.5Mt on the back of record June quarter sales and production volumes 2.24Mt and 2.195Mt, respectively, generated net income of US$125.5 million on $397.6 million revenues for the quarter, up 37% and 22.9% year-on-year, respectively. It said it sold 97% of its coal at the Australian premium low-vol...Read More
California-based Tetra Tech's $52 million acquisition of WYG and its circa-$200 million of annual revenue was a key strategic move for the company, CEO and chairman Dan Batrack said."While financially we had an all-time record quarter, I am even more pleased that we took a significant step forward in our strategic plan to offer services in the United Kingdom with the addition of WYG," he said.Tetr...Read More
It's been a brutal summer for pot stocks.After a four-year bull run, pot stocks have finally started selling off.But I can't say I'm surprised.After all, at the start of the year, most pot stocks were significantly overvalued.This correction was absolutely necessary.And while some folks have taken it on the chin this summer, the reality is that with this recent sell-off has come a new opportunity...Read More
Peter Aaen is the new head of the Electrical Engineering Department at Colorado School of Mines.He joins Mines from the University of Surrey (UK), where he served as a reader - the British equivalent to full professor - in microwave semiconductor device modeling since 2013. In 2016, he was also appointed as director of the South of England branch of the National Physical Laboratory, the U.K.'s nat...Read More
On April 21st of this year, the government quietly made a move that will usher in a brand-new, multibillion-dollar industry.But it wasn't something that it actively did - like pass a new law or kill an old regulation. It was actually something it didn't do...The U.S. government neglected to renew a patent that had been on the books for 16 years. It was - at the time - a rather forgettable ripple i...Read More
Dr. Andy Robinson gives a tour of Standard Lithium's industrial-scale demonstration plant for the direct extraction of lithium from ...Read More
Stewart Thomson, Graceland Updates 1. Is gold finally due to swoon or can it continue to rally?2. The naysayers point to overbought conditions on the weekly charts, COT reports showing a mammoth short position held by the commercial traders, and the upcoming stock market "crash season".3. The bulls point to a peaking US business cycle, inflationary and growth-destr...Read More
By: Ira Epstein$1,425.60 keeps the gold price bias to the upside:Read More