Recent developments in AI and automated machinery have been changing the face of mining. Rio Tinto, one of the world's largest mining companies, has unveiled their plans for a $2.2B intelligent mine made up of driverless trains, trucks, and robotics. This automation, coupled with other AI technology allows for:The ability for mines to operate without breaks or delays.Earlier prediction of failures...Read More
Greater Sudbury, Ontario, is quickly becoming recognized as the epicentre for mining technology globally and Sudbury-based Hard-Line has been a proud member of the community for the past 23 years.Since 1996, Hard-Line has been enabling tele-remote operation of heavy equipment in the mining industry, proving consistently that while clearly enhancing safety by keeping operators out of harm's way, im...Read More
All eyes are on the Fed next week as it is widely expected that it will cut rates for the first time in 10 years.The only question is whether the Fed cuts by 25 or 50 basis points.In the end, it doesn't matter. The Fed is now the world's central bank as central banks from South Korea, Indonesia, and New Zealand have already begun to reduce rates in a futile effort to stimulate growth.Expect moneta...Read More
"Precious Metals Weekly Round-Up: Gold dips from 6 year peak and last week's other top stories in the precious metals market. https://t.co/a0zlkjokI9 #preciousmetals #investing #stocks"Read full newsRead More
- RambusA big impulse move that we are currently experiencing right now in the PM complex is separated by several small consolidation patterns that make up the entire impulse leg. Its these small consolidation patterns that give life to a big impulse move because without these little rest stops along the way the impulse move would burn itself out. One should welcome and anticipate these small co...Read More
By: Ira EpsteinGold bias is up, weekly still up $14 on the week, not bad. $1,387.50 swing line:Read More
Dear Friend of GATA and Gold:At least the Financial Times now has come clean about its hostility to gold -- as well as to free markets and elementary journalism.This weekend GATA's friend Chris Kniel of Orinda, California, sent to the newspaper's chief economic columnist, Martin Wolf, the excellent summary of gold and silver market manipulation just written by Bullion Star gold researcher Ronan...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 remained in its tight sideways multi-week consolidation, adding 3.11 points to close at 1122.78. MACD ticked down 0.1 points to -0.4. RSI added 1.73 points to 57.71.Support is now at 1108.96 (200-day moving average) and 1107.80 (50-day moving ave...Read More
"This gold-related ETF is crushing the stock market's gains in 2019 - and analysts say the metal has room to run https://t.co/og7K4Jxxq2"Read full newsRead More
The price jump has seen dozens of miners and juniors post 52-week highs on the TSX and TSXV Canadian stockmarkets (see list below), while gold financings have also taken off and taken advantage of theRead More
Previously head of strategy, government and communications for Europe, Asia and Africa at ASX-listed Orica, the world's biggest manufacturer and supplier of mine explosives, Manook has more than 25 years' experience managing corporate affairs, investor relations and business strategy in the oil and gas, mining and infrastructure industries."While Michelle is new to the coal industry, she has exten...Read More
"The first demand is always outrageous, but I don't think anyone expects to conclude at that level," a representative of one mining company, who requested anonymity, told Mining Journal.Read More
"VIDEO - Our editorial director shares content highlights from the week of July 15 to 19, 2019. If you missed a story this week, now's the time to catch up and get informed. To watch the update click https://t.co/W4lzXDzRja #resource #cannabis #lifescience #tech"Read full newsRead More
Opportunity for new discoveries lies beneath the surface in Western Australia's Pilbara gold region, the nation's top mining jurisdiction.Read full newsRead More
A prefeasibility study estimates that 580,490 ounces of gold will be mined at the asset in its initial six years of life.Read full newsRead More
In the first segment of my latest Howestreet.com interview, I explain why we are looking at financials such as Canadian Western Bank (Mostly Sunny; CWB) and AGF Management (Sunny; AGF) for clues as to when we might see a turnaround among lagging small-cap oil & gas stocks. This is a theme we have discussed in recent morning reports on CWB and on Yangarra Resources (Mostly Sunny; YGR). In the inte...Read More
While the short positioning in Paramount Resources (Mixed; POU) remains off its peak seen in mid-May, short bets against the stock remain highly elevated. The stock has recently pulled back from a rally off its June lows and short sellers seem generally content to hold on to their bets for a stock breakdown.A notable change in our Top 10 most shorted list this week is the disappearance of Stingra...Read More
"This gold-related ETF is crushing the stock market's gains in 2019 - and analysts say the metal has room to run https://t.co/wXVTIvacub"Read full newsRead More
If there's one thing Americans love doing, it's spending money. You may have seen earlier this week that online retail giant Amazon held its annual "Prime Day" event. Over the course of two days, the retailer slashed prices on thousands of items, luring in customers with promised savings across many different categories. To the surprise of no one, it paid off for Amazon. According to early repo...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 309,53564,03448,434175,785453,193533,754565,661 Change from Prior Reporting Period 3,4302,692-14,09511,83010,8221,165-581 Traders 22067805963312183 Small Speculators LongShortOpen Interest 68,14636,239601,900 1,7583,5042,923 non reportable positionsChange...Read More