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
Talk that nickel stocks are being run down gave a boost to some of the nickel mining companies in a week where gold and copper posted high points. Ambitious Canadian explorer FPX Nickel Corp (FPX.V) shared an infographic by commodities giant Glencore, which projected likely inventory drawdowns for nickel, zinc and copper for 2019. In the case of nickel and zinc, inventory declines were fo...Read More
Galway Metals (GWM.V, GAYMF) is a Canadian exploration stock with two prospective projects located in strategic locations. Fundamentally, some things stand out.1. InsidersOver 30% of outstanding shares are in the hands of management and insiders. High quality management as both CEO and Chief Geo come from Kirkland Lake Gold (KL.TO) where they also held management positions. Another reputable insid...Read More
Energy, mining, and Canadian cannabis continue to offer growth investors the potential for upside - though not all of these industries provide stocks with the same mix of value, outlook, and passive income. The following representative stocks are a good place to start if you're looking for high expected growth in earnings over the next couple of years, so without further ado, let's take a look at...Read More
The price of copper surged nearly 3% on Friday after stocks held in global warehouses operated by the LME fell to the lowest since 2005.Copper for delivery in March hit $2.9535 per pound ($6,510 a tonne) by midday on the Comex market, the highest level since the start of July last year. The price spiked in heavy volumes with nearly 1.5m tonnes worth $9.5 billion traded by lunchtime in New York.Glo...Read More
After a tough 2018 for most junior resource companies, 2019 looks like the year that quality explorers break out.K2 Gold has the team, the share structure, and recently added Great Bear Resources' - also a Discovery Group company - CEO Chris Taylor as an advisor.CEO Steve Swatton explains why he's excited again and what to expect from K2 this year.To your wealth,Gerardo Del RealEditor, Junior Min...Read More
Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per tonne for 474,743 oz. gold. It also updated the project's indicated resource, which now totals 981,465 tonnes at 7.5 grams gold for 237,897 oz. gold.Father Brown consists of the Father Brown and Adoikrom pits, which the company...Read More
Regional exploration last year on its Indin Lake property, 200 km north of Yellowknife in the Northwest Territories turned up high-grade gold in grab samples taken in three different areas including 174.50 grams gold per tonne at Fishhook, the southernmost project on its 899-sq-km land package, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) reports.Fishhook consists of several historical gold showings s...Read More
Shares in Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) climbed on Friday after the miner said it is ready to grow its yearly output to more than 500,000 ounces next year, supported by the restart of its K????lada?? gold mine in Turkey, and the soon-to-be coming online Lamaque project in Canada.The Vancouver-based miner cancelled plans last month to build a $500-million processing mill at K????lada...Read More
Canada's Pan American Silver (TSX:PAA) (NASDAQ:PAAS) announced Friday that it has completed the $1.07-billion buyout of Tahoe Resources by acquiring all of the issued and outstanding shares of the precious metals miner.Pan American expects to produce between 26.5 million ounces and 27.5 million ounces of silver this year, with gold output in the range of 162,500 ounces to 172,500 ounces.Based on t...Read More
Galway Metals (GWM.V, GAYMF) is a Canadian exploration stock with two prospective projects located in strategic locations. Fundamentally, some things stand out.1. InsidersOver 30% of outstanding shares are in the hands of management and insiders. High quality management as both CEO and Chief Geo come from Kirkland Lake Gold (KL.TO) where they also held management positions. Another reputable insid...Read More
Copper's three-month price on the London Metal Exchange continued its strong performance at the close of trading on Friday February 22, reaching a seven-month high, while low LME stocks and a fresh cancelation of more than 37,000 tonnes in the morning supported the price.Trading was at its highest level since July 2018, and only a month earlier copper's three-month price had reached levels in exce...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose as Wall Street monitored reported progress in U.S.-China trade talks. The Nasdaq was up for the ninth time in 10 trading sessions.Kraft Heinz Co. (KHC) plunged 27.46% Friday after the company posted a fourth-quarter loss of nearly $13 billion, said it had received a subpoena from the Se...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Zinc and lead concentrate treatment charges (TCs) rose in February deals for spot cargoes with liquidity sinking over the Lunar New Year and while market participants became insular ahead of annual contract negotiations.Fastmarkets assessed zinc concentrate TCs at $215-250 per tonne on February 22 from $210-240 per tonne in January, which reflects the gap between the low volumes of trader and smel...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
An overview of the noble alloys markets and the reasons for any price moves.Read More
Zinc and lead concentrate treatment charges (TCs) rose in February deals for spot cargoes with liquidity sinking over the Lunar New Year and while market participants became insular ahead of annual contract negotiations.Fastmarkets assessed zinc concentrate TCs at $215-250 per tonne on February 22 from $210-240 per tonne in January, which reflects the gap between the low volumes of trader and smel...Read More
Adam HamiltonArchivesFeb 22, 2019 The gold miners' stocks surged strongly this week, blasting to new upleg highs. The mounting gains are naturally driving more interest in this small contrarian sector, shifting sentiment towards bullish. Despite their accelerating rally, gold stocks still remain fairly low technically and deeply undervalued relative to gold. So their strengthening upleg likely has...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 22. Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 22.China The domestic ferro-chrome spot price rose in response to higher raw material prices pushing up production costs. But Tisco steel mill announced their March tender...Read More
The miner's key project is the Baita Plai underground polymetallic mine in Romania, and it is also putting money into a Marange diamond fields joint venture in Zimbabwe.The bridging loan from Bergen Global Opportunity Fund came after an expected $5.5 million prepayment package was delayed in late 2018.Mercuria Energy Trading finally cancelled the financing in January, sending Vast into a funding c...Read More