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
MGX Minerals and its partner, the University of British Columbia, has completed the first phase of work to create next-generation lithium-ion batteries capable of quadrupling energy density up to 400 Wh/kg from the current 100 Wh/kg.The first phase of work involved a baseline assessment of metallurgical silicon from MGX's three projects in southeast British Columbia.The second phase of work, now u...Read More
Feb 26, 2019 Guest(s): Peter Tagliamonte President & CEO, Belo Sun Mining Miners face a number of issues that aren't solely financial, said Peter Tagliamonte, CEO of Belo Sun Mining. "I think in general, in the world right now, permitting social license is very important," Tagliamonte told Kitco News on the sidelines of the Gold Stock Analyst Investor Day. "I think mining projects, in general, a...Read More
On January 3, China landed a spacecraft on the far side of the moon - a historic first.Another milestone was reached yesterday, when SpaceX launched the first commercial lunar lander on behalf of Israel.If it succeeds, Israel will become the fourth country to make it to the moon, behind Russia, America, and China.Of course, it won't be the last... even in just 2019.Because two more moon missions a...Read More
It's easy to think that metals and mining stocks are all alike at first glance. However, this is not the case, with a wide range of multiple mixes, dividend yields (or, more commonly, the lack of), and outlook making for an uneven playing field. The four TSX index stocks detailed below therefore offer four subtly different plays in the metals and mining space.Goldcorp (TSX:G)(NYSE:GG)Investors loo...Read More
Equinox Gold (CVE: EQX) has attracted a $130m investment from Abu Dhabi's state-owned Mubadala Investment Co. in the form of convertible notes.The notes are for five years with a 5% interest rate convertible at $1.05 per share, a 25% premium to the 10-day volume weighted average Equinox share price. Mubadala will be granted a seat on Equinox's board and standard anti-dilution rights.Equinox plans...Read More
Goldcorp has revealed the names of the three finalists that will pitch their ideas to the panel of judges at the #DisruptMining live finale Sunday, March 3 in Toronto. The event will be co-hosted by KPMG.The finalists - who are competing for the opportunity to negotiate up to $1 million investment in the winning technology - are:Anaconda Mining for its revolutionary drilling approach to narrow vei...Read More
Feb 26, 2019 Guest(s): Jeffrey Pontius CEO & President & Director, Corvus Gold The largest mergers in the mining industry are validation of the precious metals entering an uptrend, but what they really signify is a readiness of large miners buying new deposits, said Jeff Pontius, CEO of Corvus Gold. "When you look at some of these big acquisitions, they all have projects that are in late life, t...Read More
OceanaGold Corp. (TSX: OGC; ASX: OGC) has published an initial resource estimate for its high-grade discovery at WKP, 10 km north of its Waihi gold mine in New Zealand.WKP contains 234,000 ounces of gold and 296,000 ounces of silver in the East Graben vein contained within 0.41 million indicated tonnes grading 18 grams gold per tonne and 22.7 grams silver per tonne.OceanaGold intends to drill 14,5...Read More
Feb 26, 2019 Guest(s): Rudi Fronk CEO, Seabridge Gold While the senior producers are busy buying each other, investors are diverted away from the fact that these large miners are running out of mine life and need to start buying fresh deposits, said Rudi Fronk, chairman & CEO of Seabridge Gold. "The elephant in the room that nobody talks about, even with these mergers that are going on, is t...Read More
Anaconda Mining (TSX: ANX; US-OTC: ANXGF) began a feasibility study on Goldboro in February that it expects to finish by the end of 2019. The study will incorporate results from 22,000 metres of diamond drilling the company completed in 2017 and 2018 as well as the ongoing bulk sample, and an updated mineral resource the company expects to table in 2019's third quarter.The company tabled an update...Read More
Feb 26, 2019 Guest(s): Keith Neumeyer CEO, First Majestic A major bid, most likely from central banks, is coming onto the market for gold and is affecting silver in a positive way, said Keith Neumeyer, CEO of First Majestic Silver. "I want to see silver really break through $17.50 to $18.00 [an ounce]. I think that's kind of the key number. We did test that level in early 2018 and it failed and...Read More
Feb 26, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video Analysis SF60 Key Charts, Signals, & Video Analysis SF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Web Readers: Send me an email to signals@superforcesignals.com and I'll send you my "Hot...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended slightly lower Tuesday after Home Depot (HD) slumped.Home Depot posted weaker-than-expected fourth-quarter earnings and forecast slower 2019 profit growth. The stock fell 0.8%.Tesla (TSLA) ended down just slightly after the Securities and Exchange Commission asked a judge to hold CE...Read More
Global aluminium premiums were little changed this week, with good support from steady market conditions, but premiums in South Korea moved higher due to low levels of inventory. European traders happy to hold metalSouth Korean premiums move up on tight inventoryImport uptrend and domestic discounts in BrazilUS premiums steady. Contango still supporting European premiumsLondon Metal Exchange price...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 26.Please click...Read More
Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Tuesday February 26, with positive trade rhetoric in US-China trade talks lending support to commodity investment, while US Federal Reserve chair Jerome Powell signaled slower but strong US economic growth. Copper's three-month price continues to hold ground near the $6,500-per-tonne level against a backd...Read More
I don't know if it was the intent of the Fed, but Jerome Powell has managed to trigger a rush into stocks more frenzied than the one that engulfed the last days of the dot.com/techbubble. The vertical ascent since Christmas in the Dow/SPX is unprecedented on a percentage basis over an 8-week period of time. All sense of logic, sound analysis and fear of risk has disappeared. I don't know how much...Read More
Bob Moriarty ArchivesFeb 26, 2019A young and newly listed junior with a very interesting gold project nearYellowknife contacted me recently. It’s an interesting company with a historic resource of 85,000 ounces of gold at a grade of 12 g/t, almost $1 million in the bank and a total market cap of under $3 million. They are hard at work doing the groundwork necessary before beginning a drill p...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 26, 2019The biggest driver of major markets right now is the possibility of a US-China trade deal.On that note, please click here now.The US government’s wild launch of tariff taxes caused global markets to swoon in the first half of 2018.Gold and the Chinese stock market were hu...Read More
The process to resume full production at Hydro's Alunorte alumina refinery in Brazil has hit a further setback, after an accident with an iron ore tailings dam at a mine from Vale prompted a round of inspections throughout the country, sources told Fastmarkets. Market participants do not expect the Brazilian refinery to resume normal operations anytime soon. Traders and producers initially expecte...Read More