After peaking at a record high of over US$1,600 an ounce in late March, 2019 precious metal palladium has come off the boil, losing almost 18%. This has impacted palladium miners, with Canada's largest North American Palladium (TSX:PDL) losing 4.5% over the last year.Improving outlook for palladiumThe decline in the value of palladium has gone against many analysts' forecasts, where it was predict...Read More
If you’re invested in precious metals or mining stocks, you’ll want to pay attention.Sandstorm Gold (TSX:SSL)(NYSE:SAND) is a metals streaming company. That means it provides financing to mining companies so that they can get their projects into production.In exchange for the upfront financing, Sandstorm secures a certain percentage of the output at a fixed (often very discounted) pri...Read More
In its latest industry trend analysis, Fitch Solutions sets the coking coal price forecast for 2019 at $195/tonne. The analysts predict prices will remain elevated, with strong demand from China's steel sector as US-China relations deteriorate and the probability of further economic support from the government to the slowing Chinese economy rises. On the supply side, Fitch expects product...Read More
2019 was supposed to be another breakout year.The marijuana sector has grown by leaps and bounds after election years - both presidential and midterm - since its earliest days.And following the wave of new Democrats moving into state houses, a wave of new legalization was universally expected.The big three were New York, New Jersey, and Illinois. Population and potential business-wise, these would...Read More
Royal Road Minerals' (TSX-V: RYR) shares jumped over 8% by mid-day Friday, following the announcement of a C$5million ($3.7m) private placement from Agnico Eagle Mines.Agnico Eagle now owns 42,512,708 ordinary shares of Royal Road, representing over 19% of the issued and outstanding ordinary shares of Royal Road on a non-diluted basis.Royal Road is an exploration company with gold and copper proje...Read More
May 24, 2019 Guest(s): Phillip Streible Senior Market Strategist, RJO Futures Gold prices have been trading range-bound and whether or not prices break out depend mainly on how long the trade war with China lasts, this according to Phil Streible, senior market strategist of RJO Futures. "I think that if we resolve [the trade agreement] at the next meeting, we could see interest rates start to ac...Read More
The South Australian Minister for Energy and Mining granted Havilah Resources (ASX: HAV) three mineral leases and two miscellaneous purposes licenses for the Kalkaroo copper-gold project, located northeast of Adelaide in South Australia.In a press release, Havilah said the decision secures the company's right to mine Kalkaroo. However, the firm still needs to obtain permission to mine which requir...Read More
Max Resource (TSXV: MXR) reported this week the first assays from its 10-week exploration program underway at the North Choc?? copper-gold project, located 80 kilometres southwest of Medell?-n, Colombia.Among the highlights of the campaign, Max said that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold and, of those seven samples, three returned values of >10,00...Read More
Mid-tier Canadian miner B2Gold (TSX:BTO)(NYSE: BTG) on Friday dismissed reports indicating it was mulling the acquisition of an idled gold mine in Zimbabwe, emphasizing it was not currently interested in any mergers or acquisitions.Chief executive Clive Johnson reiterated B2Gold's long-term growth strategy by saying that in addition to developing its existing pipeline of projects, the company co...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks rebounded modestly Friday as investors attempted to put aside their worries about the U.S.-China trade war ahead of the three-day Memorial Day weekend. Amazon (AMZN - Get Report) climbed after analysts at Piper Jaffray said shares of the online retailing giant will reach $3,000 between mid-2021 and mid-2022. HP (HPQ - Get Report) shar...Read More
Elon Musk sent out an internal email to employees on Thursday in which he makes the highly dubious claims that the Company has 50,000 new orders for the Model 3, the Company has a "good chance" of exceeding Q4's record deliveries and the production of the Model 3 is close to 1,000 per week.Regardless of the veracity of the production numbers, the new orders and Q2 deliveries assertions are lik...Read More
Adam HamiltonArchivesMay 24, 2019 The mid-tier gold miners' stocks in the sweet spot for price-appreciation potential have been struggling in recent months, grinding lower with gold. Their strong early-year momentum has been sapped by recent stock-market euphoria. But gold-mining stocks are more important than ever for prudently diversifying portfolios. The mid-tiers' recently-reported Q1'19 resul...Read More
The company, which is chaired by former St Barbara boss Tim Lehany, launched a A$16.3 million capital raising at the start of this month to progress its Goschen zircon and rare earths project in Victoria towards production.Last week it reported increased interest in the offer due to the US-China trade war."Since our last capital raise in March 2019, the market has become more savvy, and we're seei...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") announces that it has filed its 2019 Q1 financial results and will hold a conference call on Friday May 24th, 2019 at 09:00 AM EST to discuss the results and provide a corporate update.2019 Q1 Financial HighlightsRevenue for the quarter was $3.04M versus $3.02M in Q1 2018 as higher 4G portfolio sale...Read More
Hanna spoke to Mining Journal about what's next for the project, Botswana as a mining jurisdiction and his plus-35 years in the mining industry.Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 203,628114,82383,533167,827275,765454,988474,121 Change from Prior Reporting Period -22,73312,9984,7748,383-20,862-9,576-3,090 Traders 17781835058261193 Small Speculators LongShortOpen Interest 53,65534,522508,643 224-6,262-9,352 non reportable positionsC...Read More
The mid-tier gold miners' stocks in the sweet spot for price-appreciation potential have been struggling in recent months, grinding lower with gold. Their strong early-year momentum has been sapped by recent stock-market euphoria. But gold-mining stocks are more important than ever for prudently diversifying portfolios. The mid-tiers' recently-reported Q1'19 results reveal their fundamen...Read More
By: Dave KranzlerElon Musk sent out an internal email to employees on Thursday in which he makes the highly dubious claims that the Company has 50,000 new orders for the Model 3, the Company has a "good chance" of exceeding Q4's record deliveries and the production of the Model 3 is close to 1,000 per week.Regardless of the veracity of the production numbers, the new orders and Q2 deliveries...Read More
Professor Laurence Kotlikoff & Chris Waltzek Ph.D. - May 21st, 2019. DOWNLOAD - MP3 formatHighlightsProfessor Laurence Kotlikoff, from Kotlikoff.net and author of the FREE book: You're Hired!Our guest created a new program to assist investors with retirement via a scientific method, MAXIFI.Maxifi is top rated and efficient personal-financial planning software that identifies the optim...Read More
By: Ira EpsteinInvestors realizing there is a real trade war going on..Read More