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
Following last month's tailings dam disaster at Vale's (NYSE: VALE) C??rrego do Feij??o mining complex, which left at least 140 dead, Amsterdam-based Responsible Mining Foundation issued a statement highlighting the findings of its 2018 Responsible Mining Index report related to miners' tailing dams.According to the report, many of the world's largest mining companies are not able to 'know and sho...Read More
Scientists with London's Brunel University and Tomsk State University ran a successful experiment that allowed them to introduce nanoscale diamond into an aluminum melt using ultrasonic treatment.In a media statement, the researchers said the result of their trial will be used to create new materials, mainly for maritime transport. Prior to their lab test, no one had synthesized alloys with nanodi...Read More
Gold stocks' young upleg is gathering steam, marching steadily to higher lows and higher highs. These bullish technicals are gradually improving sentiment, fueling mounting interest in this contrarian sector. That's helping the gold stocks regain lost ground relative to gold, the driver of their profits. Fundamentals are growing more favorable as gold itself powers higher. All this portend...Read More
Have you considered investing in a gold miner recently?Barrick Gold (TSX:ABX)(NYSE:ABX) became the largest gold miner on the planet following its recent merger with Randgold, transforming what was already an enviable portfolio of mines and one of the most efficient miners in the business into a powerhouse miner that owns half of the top 10 performing mines on the planet, and a portfolio of over o...Read More
One of the breakout marijuana stocks of the TSX index this week, and possibly one of the most exciting tickers in the legal weed space at the moment, The Supreme Cannabis Company (TSX:FIRE) is up 3.27% in the last five days with a 104.3% expected annual growth in earnings on the way.Let's take a brief look at a few other pieces of data for this hot weed stock before seeing how it compares with two...Read More
Fura Gems has launched the Provenance Proof Blockchain designed to promote transparency in the coloured gemstones industry. The program was launched by Gubelin Gem Lab with Everledger at the Tucson, Ariz. gem show.Emeralds from Fura's Coscuez mine in Colombia were used to test the technology.The Provenance Proof Blockchain is the first such system for coloured gems, although blockchains are alread...Read More
It might sound like the name of a game show, but "opportunity or trap" is a game investors play every time an undervalued stock shows up on the radar. Sometimes a stock is on a dip, and its quality stats and otherwise upward trend suggest an opportunity; at other times, the stock can turn out to be a falling knife with perpetual downward momentum. So which of these categories do the following unde...Read More
Vancouver-based Golden Predator took a 9,800-tonne bulk sample from the Spades zone at its 3 Aces exploration project late last year, and the company is ready to share the results.Results are available for only the first 6% of the sample. Two concentrates were produced from a gravity circuit. One yielded a 13,261.5-gram dor?(C) bar that contained 365 oz. of gold and 34 oz. of silver. Sale of the g...Read More
With significant mining, milling and tailings infrastructure already in place, pre-production capital costs for Pure Gold Mining's (TSXV: PGM) Madsen project in Red Lake should not exceed $94.7 million, including a 9% contingency, a feasibility study reports.Total life of mine capex including closure costs for the underground mine are expected to come in at $327 million. Madsen is one of the high...Read More
Last year, I wrote an article about what I and some others are calling the Great Hangover.Specifically, it was about how the Fed has lured, and backed into a corner, a lot of corporate America by making it impossible to refuse cheap debt.I wrote then that we should be worried about the Fed's ability to pull the punch bowl away from the party.Now, I think it's time to revise that, because I think I...Read More
The World Gold Council (WGC) recently agreed that global investors will "continue to favor gold as an effective diversifier and hedge against systemic risk." The rise in protectionist policies around the world is chief among the risks since they tend to lead to higher inflation and slower economic growth over the long term.I agree and believe that gold will put in higher lows this year that provid...Read More
There is good reason for investors to be cautious with economic headwinds building up in the latter half of 2018 and the beginning of 2019. The market has responded well to anxiety early this year, but the domestic and global economy is facing major challenges. Canadian growth is projected to slip below 2% this year and next.Of course, risk is always present in the market. Investors hoping to prof...Read More
Sometimes I'll hear investors lament how expensive stock markets are, which usually ends with them being content to stay in cash until better opportunities arise. Unfortunately, many of these same investors will continue to hold during downturns, saying an even better chance to buy is just around the corner.This is a terrible argument for a few different reasons. Dollar-cost averaging over the lon...Read More
SEMAFO (TSX: SMF; US-OTC: SEMFF) has tabled a maiden resource for the Bantou gold zone, located about 170 km south of its Mana gold mine in Burkina Faso, totaling 2.1 million inferred tonnes grading 5.35 grams gold for 361,000 oz. gold.Highlights from the Bantou Proximal zone include 5.21 grams gold over 11 metres from 62 metres downhole and 7.35 grams gold over 3 metres from 95 metres downhole.S...Read More
Map of B.C.'s Golden Triangle, showing the Lawyers gold-silver project near the eastern boundary of the region. (Image: Benchmark Metals)Benchmark Metals of Edmonton has the results of drilling at the Dukes Ridge zone at the Lawyers gold-silver project in the Golden Triangle. The holes intersected wide intervals of near 1 g/t gold equivalent and narrower intervals of high grade gold and silver min...Read More
Gold stocks' young upleg is gathering steam, marching steadily to higher lows and higher highs. These bullish technicals are gradually improving sentiment, fueling mounting interest in this contrarian sector. That's helping the gold stocks regain lost ground relative to gold, the driver of their profits. Fundamentals are growing more favorable as gold itself powers higher. All this portend...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average turned lower on Monday as U.S. trade talks with China were set to resume. The index rose 0.2% last week and has risen for seven straight weeks.Restaurant Brands International Inc. (QSR) posted stronger-than-expected fourth-quarter earnings and boosted its 2019 dividend target to $2 a share. The...Read More
Zinc's three-month price on the London Metal Exchange fell at the close of trading on Monday February 11, hampered by broad strength in the dollar index while low LME inventories failed to limit downward price action. The three-month zinc price has also fallen by 6% since reaching a July 2018 high of $2,800 per tonne last week. Since then, open interest in zinc has dwindled by more than 11% from a...Read More
The price of copper in the United States began the week trading in negative territory, with a strong dollar and a lack of news about the US-China trade talks weighing on the base metals complex.The copper price for March settlement on the Comex division of the New York Mercantile Exchange declined by 1.10 cents per lb to $2.79 per lb.Chinese market participants have returned from their week-long L...Read More
Gold mining is one of the very oldest human occupations. The earliest known underground gold mine, in what is now the country of Georgia, dates back at least 5,000 years, when people were just starting to develop written language.Over the centuries, a number of innovations have emerged that disrupted and forever changed how we explore and mine for gold and other metals. Think dynamite, or the stea...Read More