Mr. Michael Allen reportsNORTHERN EMPIRE DRILLS SEVERAL BROAD INTERCEPTS OF OXIDE GOLD MINERALIZATION NEAR ITS SNA DEPOSIT, NEVADANorthern Empire Resources Corp. has released exploration results from 19 new holes at its SNA deposit. SNA is the easternmost of the company's Crown deposits located within the its 100-per-cent-owned, 141-square-kilometre Sterling gold project in Nye county, Nevada.Mich...Read More
Experts have long warned that bitcoin is not as private as it appears. The very design of bitcoin, as well as some other virtual currencies, can lend a surprisingRead full newsRead More
Contrarian investors are searching for unloved stocks in out-of-favour sectors, and the gold miners certainly fit the bill.Let's take a look at Goldcorp Inc. (TSX:G)(NYSE:GG) to see if the company deserves to be in your portfolio today.FinancialsGoldcorp generated Q1 2018 operating cash flows of US$271 million compared to US$227 million in the same period last year. Adjusted operating cash flows w...Read More
Precious metals continue to gyrate wildly because of a mix of positive and negative catalysts. While rising geopolitical tensions and fears of another economic crisis are supporting firmer prices, a stronger U.S. dollar and better than expected global growth are weighing on prices. However, there are signs that gold will remain firm for at least the foreseeable future and could be due for another...Read More
The propaganda laced with bold lies is enveloping the media. The JOLTS report (Job Openings and Labor Turnover) released today alleges that the number of job openings in April hit a record. Of course, the April number was based on large revisions to previous data. The number reported is also "seasonally adjusted" and predicated on statistical inferences. In fact, 6.7 million allegedly...Read More
The past three decades has seen an explosion in the demand for virtually every commodity. Expecting higher commodity prices, investors pour money into the mining industry for a miniscule cost of capital, hoping that increased demand translates into outsized profits. Ironically, they actively undo their expectations.Jayant Bhandari* Nuclear reactor build rates stalled? Image: Wikki Commons05 JUNE 2...Read More
Every few years a data plot appears that makes exploration geoscientists giddy with excitement. This new one from Geoscience Australia is right up there.David Upton05 JUNE 201805/06/2018commentsshare If you are in the mineral exploration business you'll likely remember the buzz created by Graham Heinson's "Fingers of God" cross-section of crust in the Olympic Dam province. His magnetotelluric (MT)...Read More
activities at Nevsun's Timok copper-gold project in Serbia. Source Nevsun Resources Ltd.Euro Sun Mining Inc. [ESM-TSX; CPNFF-OTC] has amended its portion of the $1.5 billion joint proposal with Lundin Mining Corp. [LUN-TSX; LUMI-Sweden] for the acquisition of Nevsun Resources Ltd. [NSU-TSX; NYSE AMERICAN] to 50% cash and 50% stock.The proposed offer now comprises $5 per share for Nevsun's entire s...Read More
Pure Gold's Madsen headframe, mill and tailings facility near Red Lake, Ontario. Source: Pure Gold Mining Inc.Pure Gold Mining Inc. [PGM-TSXV; LRTNF-OTC] on Tuesday June 6 said underground drilling continues to successfully delineate initial mining shapes that will underpin the early years of production at the its 100%-owned Madsen Gold Project in Red Lake, Ontario."Several mineralized structures...Read More
I live about 15 miles from historic Ellicott City in Maryland. In the past week it's rained in buckets. On one afternoon, it dumped more than six inches in three hours.Due to development - the building of roads and parking lots - and the funnel shape of the valley, a torrent of water and mud pushed through the pre-revolutionary main street, taking out bars, restaurants, art stores, and hippy sho...Read More
June 5, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts the latest moves in the gold and silver markets.Our proprietary cycle indicator is up.The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.The gold sector is on a short-term buy signal. Short-term signals can last for days a...Read More
June 5, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold profiles a small-cap explorer with prospective land in British Columbia.If you want to be a hero with the PermaBulls, all you have to do is predict an imminent and high price for gold, no matter how absurd. But PermaBulls either forgot or never knew that prices for everything go both up and down. And if you want to profit the most,...Read More
Vancouver, British Columbia - June 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Minaurum Gold, Inc., (TSXV: MGG) ("Minaurum") is pleased to announce the discovery of three new veins (Pulpito, Cotera and Ana) that lie within four recently acquired concessions internal to its 100% owned Alamos Silver Project in Mexico. All three veins were found through a district-scale reconnaissance mappi...Read More
June 5, 2018 (Investorideas.com Newswire) An explorer just released a PEA for its project in Peru.Great Panther Silver Limited (GPR:TSX; GPL:NYSE.MKT) has reported positive results for a Preliminary Economic Assessment (PEA) at the Coricancha gold-silver-lead-zinc-copper underground mine and mill complex. This site is located about 90 kilometers east of Lima, Peru."We are very pleased with the res...Read More
The Governors Highway Safety Association calls itself "The State’s Voice on Highway Safety" and holds annual training meetings to indoctrinate law enforcement agencies all across the country. However, the GHSA should genuinely call itself "The Alcohol Industry's Voice," as its latest report is entirely funded by the alcohol industry in a blatant attempt to paint cannabis users as the real hi...Read More
Oil is DifferentLast week, we showed a graph of rising open interest in crude oil futures. From this, we inferred - incorrectly as it turns out - that the basis must be rising. Why else, we asked, would market makers carry more and more oil? Crude oil acts differently from gold - and so do all other industrial commodities. What makes them different is that the supply of industrial commodities hel...Read More
Murmansk has seen better days.The largest city in the Arctic Circle has seen its population drop over 36% to under 300,000 over the last 30 years.Things were different when the Soviets were still in charge. It was the major port for Arctic convoys bringing weapons and supplies from the Allies in World War II.The Nazis nearly razed it, with damage on par with Leningrad and Stalingrad, but the Arcti...Read More
"Two of six key takeaways from last week's International Ni Conference - the #nickel market is in structural deficit and stainless steel remains the key demand driver https://t.co/D5FYu33uz2"Read full newsRead More
Other top gainers last week included Melkior Resources, NV Gold, Southern Silver Exploration and Pele Mountain Resources.Read full newsRead More
CloseGain/LossGold $1291.80-$1.30Silver$16.40+$0.01XAU82.18-1.04%HUI176.94-1.23%GDM620.48-0.10%JSE Gold1007.04-7.73USD94.05-0.18Euro116.98+0.39Yen91.13+0.29Oil$64.75-$1.0610-Year2.943%+0.041T-Bond143.96875-0.84375Dow24813.69+0.72%Nasdaq7606.46+0.69%S&P2746.87+0.45% The Metals: Gold dipped $2.70 to $1290.40 in Asia before it rallied up to $1297.70 in London, but it then drifted back lower i...Read More