Digging Deep

AbraPlata: CMR's full analysis of an Argentina focussed gold and silver junior

May 2020

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

SMOKING GUN!! - Harvey Organ

December 14, 2016 / www.silverdoctors.com

THIS is your smoking gun!!!! SURPRISINGLY NO GOLD LEAVES THE GLD BUT 1.802 MILLION OZ LEAVES THE SLV/ AT THE COMEX A HUGE 64,164 OZ LEAVES ALL VAULTS AND THE DEALER GOLD INVENTORY DROPS 5 TONNES TO 54 TONNES/CHINA'S SGE WITHDRAWALS = DEMAND ROCKETS NORTHBOUND TO 215 TONNES FOR NOVEMBER OR 53.5 TONNES PER WEEK (SO MUCH FOR IMPORT RESTRICTIONS/PREMIUM OF SHANGHAI GOLD TO NY PRICING OVER 31.00 PER OZ...Read More

North China's rebar prices fall on weak demand

September 28, 2017 / www.metalbulletin.com

The gains in China's spot rebar market proved to be shortlived, with prices losing their upward momentum in the eastern part of the country on Thursday September 28 while those in the north fell.Key driver Demand for rebar is expected to experience a sharp drop from October onwards in north China, with the local government in Tianjin city imposing a ban on earthworks in urban areas until March. Be...Read More

Rio Tinto defends executive bonus structure

April 11, 2018 / www.mining.com

By Zandi ShabalalaLONDON, April 11 (Reuters) - Rio Tinto defended its executive salary policy on Wednesday after proxy adviser Glass Lewis urged shareholders to vote against it and criticised the firm for paying out bonuses in 2017, a year when two employees died at work.Glass Lewis said any payout in a year when employees had died - one in Australia and one in the United States - was "considered...Read More

DAILY SCRAP REPORT: Prices hold steady as mills remain quiet

November 13, 2018 / www.metalbulletin.com

The Turkish steel producers have continued to hold back from new bookings in the deep-sea markets for scrap material, while prices were largely stable, sources said on Monday November 12.After booking two cargoes from the United States late last week, Turkish mills paused their purchases and went into wait-and-see mode. The latest transaction from the US included an 80:20 mix of No1 and No2 heavy...Read More

Hummingbird Resources (#HUM) up 5.5pc on strong Q3 update -30,484 ozs of gold poured, (27,466 ozs in Q22019) -$84...

October 21, 2019 / twitter.com

"Hummingbird Resources (#HUM) up 5.5pc on strong Q3 update-30,484 ozs of gold poured, (27,466 ozs in Q22019)-$849/oz AISC, ($998/oz AISC in Q22019)-Cash of $16m at period end ($8m at end of Q22019)-110-125,000 ozs prod guidance for 2019 maintainedhttps://t.co/3m7iybNpAh"Read full newsRead More

Ergomed develops in orphan drug space with PSR Group acquisition

September 28, 2017 / www.proactiveinvestors.co.uk

Andrew Mackie, chief business officer at Ergomed Plc (LON:ERGO), runs Proactive through their decision to acquire the Dutch-based PSR Group BV - a niche contract research organisation (CRO) specialising in orphan drug development.They're undertaking a share placing to raise 2.9mln, before expenses, to part-fund the deal.Mackie also discusses their first commercialisation deal with a Korean compan...Read More

Uranium should be on government agenda, ERA says

April 12, 2018 / tinyurl.com

The chairman of Energy Resources of Australia (ERA) has called on Australian governments to embrace the potential to expand the country's uranium mining industry and be prepared for an expansion in nuclear power generation worldwide.Uranium ore stockpiles at the Ranger mine site (Image: ERA)Addressing shareholders at the company's annual general meeting in Darwin yesterday, Peter Mansell said that...Read More

FOCUS: Iron ore grade differentials may narrow, but not drastically

November 14, 2018 / www.metalbulletin.com

While the winter season begins in China, the ferrous market is wondering whether Chinese steelmakers will continue to move toward higher-grade, lower-impurity iron ore - an affinity they have demonstrated over the last two years.This affinity is the result of the Chinese government's policy shift that put more focus on protecting the environment as well as its supply-side reforms for the steel ind...Read More

"In a bear market, whoever sells first, wins."

October 23, 2019 / www.adviceforinvestors.com

Ken Norquay recalls the late Richard Russell's admonition in making the case that investors who have not adopted financial plans that include selling, should do so immediately.Chartered Market Technician (CMT) and author Ken Norquay warns "withstanding bear markets is a very emotional experience".I remember those carefree childhood times that led up to the 'back to school' days of September. Time,...Read More

Price of crude from Canada's oil sands more than halves since June

August 12, 2015 / www.mining.com

Experts say the main reason behind such debacle is a combination of steadily rising production, pipeline constraints and an unexpected outage at a U.S. refinery. (Image from archives)Prices for crude from Canada's oil sands continues to fall victim of the global oil price rout, getting dangerously close to hit $20 per barrel, the lowest level in 12 years.The value of oil from Alberta has dropped o...Read More

Northern Vertex Announces New Mine Manager at its 100% Owned Moss Gold Mine, NW Arizona, USA

September 29, 2017 / news.goldseek.com

VANCOUVER , Sept. 29, 2017 /CNW/ - Northern Vertex Mining Corp. (NEE.V) (OTC Nasdaq Intl.:NHVCF) (the "Company" or "Northern Vertex") is pleased to announce the appointment of William (Bill) Martinich to the position of Mine Manager at the Company's 100% owned Moss Gold Mine project, located near the city of Bullhead, NW Arizona , USA. Mr. Martinich is a dedicated mining professional with over 20...Read More

U.S. group sets up framework to keep customers' financial data secure

April 12, 2018 / www.kitco.com

(Reuters) - The Securities Industry and Financial Markets Association (SIFMA), a trade group for the U.S. financial industry, released a framework on Thursday aimed at ensuring customers’ private data remains safe when they give third parties access to it.The group’s effort comes in the wake of a recent scandal relating to Facebook Inc. (FB.O), when the personal information of nearly 8...Read More

INTL FERRO-ALLOYS CONF: Ferroglobe cuts manganese alloy production amid margin squeeze

November 15, 2018 / www.metalbulletin.com

Manganese alloy smelters are under pressure to scale back production due to the smaller margins achieved on suppressed alloy prices, Ferroglobe chief executive officer Pedro Larrea said during Fastmarkets' International Ferro-alloys Conference in Lisbon.Ferroglobe has cut some production at its manganese alloy furnaces, because the company has faced difficulties in generating profits due to the st...Read More

Keeping an Open Mind

October 24, 2019 / news.goldseek.com

- RambusKeeping an open mind when it comes to trading the markets is paramount. If one gets locked into one scenario and refuses to acknowledge any other possibility you will eventually find yourself on the wrong side of the trade. Even though I have a ton of bullish charts for the PM complex I also have just as many charts which show possible negative price action.This last chart for tonight is...Read More

Ranger Mine fire is out

October 09, 2015 / www.mining.com

The Ranger Mine fire was extinguished today.A park spokesperson told NT News that as long as the weather remains stable, the fire should stay suppressed.The fire was fought with helicopters and ground crews.Last week, a controlled burn was lit to manage weeds near Energy Resource Australia's Ranger Mine. Changing weather conditions caused the burn to grow and spread to nearby Kakadu National Park....Read More

SMM Ranking by Metal Price Increase (Weekly)2017.9.29

September 29, 2017 / news.metal.com

SHANGHAI, Sep 29 (SMM) - The followings are SMM Ranking by Metal Price Increase in the week ending Sep 29.Base MetalsNameUnitLast Week's Average Prices+/- %#1 lead ingotRMB/mt20,8003.22%#0 zinc ingotRMB/mt25,8361.37%#1 tin ingotRMB/mt142,7000.88%#1 refined copperRMB/mt50,4060.64%A00 aluminum ingotRMB/mt16,314-0.93%#1 refined nickelRMB/mt87,975-3.23%SourceSMMMinor MetalsNameUnitLast Week's...Read More

Big US Stocks' Q4'17 Fundamentals

April 13, 2018 / news.goldseek.com

The mega-cap stocks that dominate the US markets have enjoyed an amazing bull run. But February's first correction in years proved things are changing. With that unnatural low-volatility melt-up behind us, it's more important than ever to keep leading stocks' underlying fundamentals in focus. They help investors understand which major American companies are the best buys and when to deploy cap...Read More

#Bitcoin Crashes Below $6,000 To 13-Month Lows | Zero Hedge

November 14, 2018 / www.zerohedge.com

Well that escalated quickly...Read full newsRead More

Gold, Credit And The Coming Financial Collapse

October 25, 2019 / news.goldseek.com

Hubert MoolmanSince 2016, the US Monetary Base has declined by about 23.68%. This is the deepest and longest decline since the Federal Reserve was formed. This should not be ignored.The last time there was a decline close to this magnitude, there was a sharp deflationary recession. That was the one that occurred from 1920 to 1921.Below, is a long-term chart of the Monetary base that goes back to...Read More