Peruvian company Buenaventura (NYSE: BVN; Lima Stock Exchange: BUE.LM) has been dealing in the past week with a worker strike at its silver-zinc-lead Uchucchacua mine, located in the central Oy??n province.In a statement, management said the action was sparked by the company's decision to dismiss certain contracted employees, as they completed the work their companies were hired to do. But on Janu...Read More
A team of researchers just published a paper in Science Advances where they reveal that lapis lazuli residues found in the mouth of a woman buried at a 12th-century German monastery suggest that she created richly illustrated religious texts.Prior to this discovery, it was thought that mainly men were allowed to write such manuscripts, whose graphics were drawn using luxurious paints, including go...Read More
Canada's Torex Gold Resources (TSX:TXG) issued a media report stating that, in 2018, it produced 354,000 ounces of gold at its El Lim??n Guajes Complex, or ELG, located in southwest Mexico. From January to September, the company produced 246,309 ounces of gold in dor?(C), with 11,322 additional ounces gold in carbon fines. The company also reported selling 348,000 ounces of the yellow metal.Accord...Read More
Newmont said in its third-quarter results announcement in October that it was taking a write-down due to a change to the mine plan of the Emigrant open-pit mineRead full newsRead More
TORONTO, Jan. 10, 2019 /PRNewswire/ - Superior Gold Inc. (Read full newsRead More
"Alamos Gold Reports Additional High-Grade Intercepts at Island Gold Including Best Surface Directional Intersection to Date within Western Extension https://t.co/dWxmqQFg9f"Read full newsRead More
Precious metals were up for the week as investors reacted to a halt in interest rate hikes for 2019 and concerns surroundingRead full newsRead More
"In its 2019 gold outlook, the World Gold Council shares three trends it believes will impact prices for the yellow metal this year. https://t.co/cVJcFnEmun @GOLDCOUNCIL #preciousmetals #gold #investing #INN"Read full newsRead More
Slumping macro data, tumbling earnings expectations, andRead full newsRead More
China needs growth ofRead full newsRead More
Market historian Bob Hoye from chartsandmarkets.com characterizes the hit to markets so far as an item from the twilight zone. While he believes that the initial down leg is ending, there likely remains more trouble ahead.Listen to Bob Hoye's latest take on the marketsCentral banks have played a key role in getting us to this point, explains Hoye. They are very good at helping with easy money. As...Read More
During the past week, in the INK morning report we focused on two situations where insiders were taking the opposite position against short sellers of their stock. On Thursday we highlighted CEO and CFO buying at Bonterra Energy (Mostly Sunny; BNE) while on Friday we revisited the Home Capital Group ( Sunny; HCG) story. Meanwhile, shorts suffered another set back at Corus Entertainment (Sunny;...Read More
With major financing from Sprott Private Resource Lending and a private placement, a mining company arranges to further develop its high-grade gold project in Arizona.Read full newsRead More
The gold sector has been the talk of the town this week, as a series of bullish New Year’s predictions for the yellow metal coincided with heavyweight players predicting M&A activity among miners. With 2018 ending in a rout for markets and the gold price already gathering pace, talk of an up-cycle is hardly surprising. But, most commentators pointed to gold equities havi...Read More
With the U.S. dollar weakening, as expectations on the extent of interest rate hikes has moderated, we have seen gold prices rally again.In late 2011, gold prices peaked at close to $1,900 per ounce then retreated steadily to levels of just over $1,000 per ounce at the end of 2015. Prices are currently just shy of $1,300 per ounce.There are certainly many questions that remain with respect to wher...Read More
Investors currently flip-flopping over gold should today consider Lundin Mining (TSX:LUN), a hale and hearty materials ticker that can give Canadian stock market aficionados a bit of protection from the vagaries of the TSX index with the precious yellow stuff. It may even be suitable for a TFSA or RRSP, with some defensiveness, a clean balance sheet, the current undervaluation, and a corresponding...Read More
Vista Gold (VGZ) has a storied history as a junior gold miner. In 2012 new management, led by CEO, Fred Earnest, took control of the operations and has been advancing the Mt. Todd gold project, which is the largest undeveloped gold project in Australia.Mt. Todd contains nearly 6 million ounces of gold reserve (proven/probable). A Preliminary Feasibility Study updated in 2018 shows a project wi...Read More
McEwen Mining Inc. (NYSE: MUX, TSX: MUX) is a growing gold and silver producer in the Americas, with operations in Argentina, Mexico, Nevada, and Canada. The Company's goal is to qualify for inclusion in the S&P 500. We learned from Mr. Rob McEwen, Chairman & Chief Owner of McEwen Mining, that in 2019 the company will be producing 200,000 ounces gold equivalent. It's internal growth pipeline could...Read More
Publisher's Note: Today we're bringing you the legendary Mr. James Dines' current market analysis.Mr. Dines was right on the money with his recent call in The Dines Letter to get into gold and with his crucial sell call on the S&P 500 last year.If there is anyone to listen to right now, this is the man.To your wealth,Nick HodgePublisher, Outsider Club"We predicted that the 21st Century would som...Read More