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
"The telecommunications industry has suppressed damaging evidence about its technology since at least 1927."Continue...Read More
First we need to define what a breakout actually is. Its when the price breaks a pattern or a range and Continue...Read More
Lorne Whitmore, acting Vice President of Sales for Royal Canadian Mint answers questions regarding how RCM combats counterfeiting and why responsible sourcing is important.Read More
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that Rob Atkinson will succeed Tom Palmer as Executive Vice President and Chief Operating Officer, effective June 1, 2019. Tom Palmer, currently President and Chief Operating Officer, will remain President until he succeeds Gary Goldberg to become President and Chief Executive Officer. Last month, Newmont announced tha...Read More
Monarques Gold of Montreal says its 2018 drilling program has increased the size of its Croinor gold deposit 50 km east of Val d'Or. And the deposit continues to yield exceptional grades.Highlights from the additional 6,645-metre diamond drill program include these assays:Hole CR-18-685: 17.26 g/t gold over 2.0 metres, including 50.10 g/t over 0.6 metres;Hole CR-18-676: 10.33 g/t gold over 1.8 met...Read More
The Mining and Metallurgical Society of America has chosen to award its 2019 gold medal to Pierre Lassonde, chairman of Toronto-based Franco-Nevada Mining.Lassonde is recognized for his leadership as a mining executive for a major mining company, as a founder of the largest natural resources royalty company, a mining financier, and a business innovator. He is also notable for his philanthropic con...Read More
OceanaGold Corp. (TSX: OGC; ASX: OGC) says its mines in the Philippines, New Zealand and the U.S. will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year at all-in sustaining costs ranging from US$850 and US$900 per oz. gold sold.In 2018 the company produced 533,300 ounces of gold and 15,000 tonnes of copper at AISCs of US$767 per oz. At H...Read More
South Africa's radical leftist Economic Freedom Fighters (EFF) will nationalise all mines by 2023 if elected this year, the party said in its election manifesto launched on Saturday.The party is using an anti-corruption, jobs creation and state control of the economy platform to challenge the governing African National Congress (ANC) in the election expected in May. We cannot postpone the land que...Read More
Executives, investors and government officials met in Cape Town at the African Mining Indaba, the continent's biggest gathering of one of its most essential industries.Key developments:Tailings dams in focus. All the big miners spoke about wanting to ensure the safety of their dams after the Vale's disaster in Brazil. Anglo American gave a surprising prediction that it wants to reach a point where...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's top bullion producer by volume has entered into a 50-50 strategic alliance with fellow junior miner Reunion Gold (TSX-V:RGD), to jointly explore for and develop projects on South America's North Atlantic coast.The deal allows Barrick to tighten its grip on four of the Guyana-based projects Reunion already owns - Waiamu, Aremu, Arawini and O...Read More
The explorer/developer chose a clean solution to fulfill the power needs of its mine and plant. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) partnered with meeco to build and install a hybrid solar-diesel power plant for its Tuvatu gold project on Fiji, it announced in a news release.The Switzerland-based renewable energy provider will construct the facility on 4.1 hectares of available land abo...Read More
The stronger currencies of China and South Africa pushed prices of UG2 chrome ore higher last week. UG2 chrome ore tick up alongside stronger yuan and randAlloy prices hold steady in ChinaAlloy prices weaken in Japan and South Korea European price range widens Alloy prices climb in US UG2 chrome ore prices rose in China on Friday February 1 due to the strengthening of the yuan and the ra...Read More
In Europe, the ferro-silicon price fell to lows last seen in February 2017 last week on suppliers competing for business from steelmakers keen to push down their feedstock prices amid weakening underlying consumption; while the domestic Chinese market dropped by 2.4% week on week amid quiet business conditions ahead of Lunar New Year. Chinese domestic and export prices drop European market...Read More
Global vanadium prices were stable to slightly firmer in the week ended Friday February 1, underpinned by fundamental tightness albeit with many Chinese players already out for the new year holidays. European vanadium prices firm as sellers see no pressure to destock Chinese markets hold steady while market winds down for Lunar New Year US ferro-vanadium price rises on deal done at high...Read More
The race for marijuana profits is on... and one up-and-comer is taking the "Buffett" approach to profits.The race for marijuana profits is on. Marijuana presents one of the most lucrative investing opportunities of the modern age - millionaires have been made many times over, and by finding the right stock at the right time, it's still possible for investors to cash in on these "first wave" profit...Read More
The major indexes recovered from a shaky start to close higherThe Dow overcame a slow start to notch a triple-digit win, thanks in part to an afternoon rally out of the tech sector. This resulted in similar strength from the S&P 500 and Nasdaq, as Wall Street prepared for Alphabet's (GOOGL) post-close quarterly report. However, these gains came amid a relatively low-volume session -- not surprisin...Read More
Urban Outfitters stock just ran into a historically bearish trendlineThe shares of Urban Outfitters, Inc. (NASDAQ:URBN) have been trading in a channel of lower highs and lows since their August peak of $52.50, recently hitting an annual low of $31.15 on Friday, Feb. 1. Today, the retail stock is trading slightly higher, up 0.9% at $31.53, but just flashed a historically bearish signal, suggesting...Read More
Three of the most notable stock moves in today's tradingU.S. stocks have swung higher today, as traders gear up for Alphabet (GOOGL) earnings. Meanwhile, three names making sharp moves today are smart speaker manufacturer Sonos Inc (NASDAQ:SONO), drugmaker Catalyst Pharmaceuticals Inc (NASDAQ:CPRX), and equipment leasing expert Triton International Ltd (NYSE:TRTN). Here's what's moving shares of S...Read More
A free tool can help traders bank big during the upcoming earnings season.Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to position...Read More
Put buying has been popular in the past two weeksKnight-Swift Transportation Holdings Inc (NYSE:KNX) showed up on Schaeffer's Senior Quantitative Analyst Rocky White's list of the 20 S&P MidCap 400 Index (MID) stocks that saw the most options activity in the past 10 days. Names highlighted in yellow are new to the list. KNX options traders picked up more puts than calls in the past two weeks -- an...Read More