Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
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
Exploration in British Columbia hit paydirt on Monday, with the Premier announcing that two investment-friendly tax credits would no longer be evaluated on a year to year basis.Speaking at Roundup 2019, the annual meet-up organized by AMEBC (Association for Mineral Exploration), Horgan said his government will adopt the recommendations of the Mining Jobs Task Force in making the Mining Flow-Throug...Read More
* U.S. lifted sanctions on Rusal, En+ on Sunday* Rusal shares up 9 percent in Hong Kong* London aluminium prices down as much as 1.4 percent* Russian stock index rises to all-time high U.S. President Donald Trump's administration on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminium giant Rusal and its parent En+, despite a Democrat-led push to maint...Read More
Sherritt International Corp. has published its 2018 year end production numbers, some of which outstripped guidance and some of which fell short. The company also supplied guidance numbers for 2019.At the Moa joint venture in Cuba, 2018 finished nickel production was 30,708 tonnes, despite bad weather, transportation delays, and disrupted hydrogen sulphide supply. Cobalt production at Moa was 3,23...Read More
Vendetta Mining (TSXV: VTT) announced that it has just received the results from an independent Preliminary Economic Assessment or PEA for its Pegmont lead-zinc project located in Queensland, northeastern AustraliaIn a press release, Vendetta explained that the PEA was developed by a team of independent consultants, including AMC Mining Consultants, GR Engineering Services, and AARC Environmental...Read More
Toronto's Wesdome Gold Mines is enjoying continued success as it chalks up more high grades from its exploration drilling program at the Kiena gold mine in Val d'Or. Focused on the Deep A zone, recent work has extended the zone both up and down plunge.The Deep A zone has yielded the following highlights since the recent resource estimate:Hole 6384A: 33.7 g/t gold over 30.6 metres core length (28.4...Read More
The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely resume soon, rekindling bul...Read More
The last year was a harrowing time for investors in one-time investor darling Great Panther Silver Ltd. (TSX:GPR)(NYSEMKT:GPL). The intermediate silver miner saw its market value collapse dramatically in mid-2018, seeing it down by a whopping 41% over the last year compared to around 13% for silver. While considerable doubts exist about Great Panther's ability to improve its performance in the cur...Read More
Silver's stagnant outlook and poor performance since mid-2018, which eventually saw the white metal fall below US$14 per ounce, has weighed heavily on silver miners. Global X Silver Miners ETF, which provides broad exposure to the 10 largest primary silver miners, has lost 17% over the last year, while many individual miners have suffered even greater losses. These include Maya Gold and Silver (T...Read More
By 2030, the amount of installed wind power globally will more than double, according to the International Energy Agency (IEA). Installed solar power will quadruple.And the number of electric vehicles will increase 1,389% - to 125 million from three million - by 2030, and 3,333% in 2040 to 300 million, according to the IEA.Given that each electric vehicle requires 83 kilograms of copper and each...Read More
Montreal's Yorbeau Resources has resumed diamond drilling at its Scott copper-zinc property between the towns of Chibougamau and Chapais. The goal is to identify an extension of the deposit west of the Gwillim fault.A preliminary economic assessment was made in 2017 for the Scott project that planned on mining 12 million tonnes at grades of 4.14% zinc, 0.81% copper, 27 g/t silver and 0.24 g/t go...Read More
Hold on to your hats, or your stash, because marijuana is about to take another big step toward full-blown legalization.There's going to be a rupture. And it's been a long time coming.Here's the deal...As you no doubt know, marijuana legalization has been advancing at a rapid pace... on the state level.Ten states - Alaska, Washington, Oregon, California, Nevada, Colorado, Michigan, Vermont, Massac...Read More
Jan 29, 2019 Guest(s): Tim Sykes CEO, TLC Media LLC Tim Sykes, known for turning $12,000 of his Bar Mitzvah money into millions, now tells his students that taking profits early is what makes him successful. "I usually take a third or half of the profits, so with penny stocks, they're so volatile, you don't need to pick the exact top. Too many people get overly greedy, they go for home runs. I w...Read More
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has tabled a feasibility study for its Cerro Blanco gold project in Guatemala that says the project would produce 902,000 oz. gold over an eight year mine life. It would cost an initial $196 million and achieve after-tax payback in 2.1 years.The project has a $241 million after-tax net present value at a 5% discount rate and a 34% after-tax internal...Read More
Toronto-based QMX Gold Corp. has released high grade results from its ongoing drilling program at the Val d'Or East zone near Val d'Or. Half of the planned 26 holes have been completed at the Bonnefond target with the best assays reaching 39.5 and 31.5 g/t gold.Core from work at the tonalitic plug returned 31.55 g/t gold over 1.6 metre within an intersection of 3.31 g/t over 26.8 metres within a...Read More
Great Panther Silver (TSX: GPR; NYSE American: GPL) has increased the measured and indicated resource at its Topia silver-gold-lead-zinc mine in Mexico's Durango state to nearly 15 million silver-equivalent ounces.Despite mine depletion since the last resource estimate was completed four years ago, Great Panther Silver has boosted Topia's measured and indicated resource by 28% to 475,900 tonnes g...Read More
The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely resume soon, rekindling bul...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average posted modest gains Tuesday as shares of 3M Co. (MMM) moved higher while Verizon Communications Inc. (VZ) and McDonald's Corp. (MCD) weighed on the index.Pfizer Inc. (PFE) rose 3% after reporting solid fourth-quarter earnings but issuing weaker-than-expected 2019 guidance.3M said it was cutting its...Read More
(Adds new death toll and comments from cemetery director;restores context)By Jake Spring and Gram SlatteryBRASILIA/BRUMADINHO, Brazil, Jan 29 (Reuters) - Vale SA , the world's largest iron ore miner, on Tuesday vowedto take as much as 10 percent of its ore output offline in orderto decommission 10 more dams like the one that burst last week,killing scores of workers and nearby residents.Chief Exec...Read More
Weekly Reports |Jan 29 2019Utility interest is building in the uranium market both for term deliveries and spot market purchases.-US nuclear generation set to decline-Kazakhstan cuts production and exports-Spot price moving upBy Greg PeelThe US Energy Administration last week published its 2019 Annual Energy Outlook, which projects US energy markets through to 2050. The report suggests the US will...Read More
A summary of base metals premiums from across the globe for the week to Tuesday January 29. Please click on the thumbnail...Read More