Fremont Gold Ltd. (TSXV:FRE) (FSE:FR2) (OTC:STDF) (Read full newsRead More
"Great Bear Announces Upsized Bought Deal Private Placement of Flow-Through Common Shares to C$8.2 Million @GreatBearGBR https://t.co/igjMnU5RYP"Read full newsRead More
"Red Pine Announces New Mineral Resource Estimate for the Surluga Gold Deposit at its Wawa Gold Project, Ontario @RedPineExpl https://t.co/75DTopzuPa"Read full newsRead More
A week in which gold prices were boosted by weak market sentiment for equities saw a slew of announcements from Canada’s junior mining stocks. Among the junior gold miners contributing to the news, Metals Creek Resources (TSX-V: MEK) unveiled an option agreement with Newmont Goldcorp which will allow the company to take charge of Goldcorp’s Dona Lake Mine near Pickle Lake in O...Read More
The more times a level is tested, the weaker it becomes and the more likely it is to break.Once again, Gold has rallied up to the wall of resistance in the $1350 to $1375 region. Gold has previously tested that wall a handful of times but failed to break through.This time, Gold is in position to punch through and I will explain why.First, we can allude to what we already wrote. The more times a le...Read More
If you've been following the disappointingly stalled legalization efforts this year, there has been some good news.Illinois finally got its act together and passed a bill that will legalize marijuana by the start of 2020.The bill contains the normal package of conditions and taxes, along with the now standard beginning to previous-conviction expungement.There may not be a set timeline for when it...Read More
The more times a level is tested, the weaker it becomes and the more likely it is to break.Once again, Gold has rallied up to the wall of resistance in the $1350 to $1375 region. Gold has previously tested that wall a handful of times but failed to break through.This time, Gold is in position to punch through and I will explain why.First, we can allude to what we already wrote. The more times a le...Read More
(Kitco News) - Now is the time to be buying gold mining stocks when prices are deflated instead of waiting until everything is on its way up, said Jonathan Goodman, executive chairman of Dundee Corp. "If you look at the GDXJ [VanEck Vectors Junior Gold Miners ETF] and go back to 2010, the adjusted return in Canadian dollars is down about 85%. Then if you look deeper ... at the really junior junio...Read More
Primary aluminium foundry alloy premiums in Europe were steady on Friday June 14 in an illiquid market.Fastmarkets assessed the premium for silicon 7 aluminium wheel alloys over London Metal Exchange cash prices delivered to the Ruhr region with 30-day payment terms at $340-360 per tonne on Friday. It has been at that level since April.Bearish sentiment stemming from the European automotive sector...Read More
Nickel's three-month price on the London Metal Exchange was higher at the close of trading on Friday June 14, having reached an intraday high of $12,065 per tonne but failing to close above that mark, while the rest of the complex continued to trade in a downtrend.Volumes traded in nickel were moderately high over the day, with more than 9,000 lots exchanged by the close, second to copper's 11,700...Read More
With an international career that has spanned senior positions with some of the biggest companies and mines for non-ferrous metal production, Sonami president Diego Hernandez tells Andrea Hotter about the multiple roles that led him to the pinnacle of copper mining.Diego Hernandez was in his mid-20s when he learned a very important lesson about negotiating. The young mining executive, who would go...Read More
Kore is raising the cash for its Sintoukola potash project in Republic of Congo, with pricing of the new shares to be determined by an accelerated bookbuild undertaken today.Kore's CEO Brad Sampson and chairman David Hathorn have indicated they will participate in the fund raising for Sintoukola, as have major shareholders.Kore has completed definitive feasibility work on its Sintoukola's flagship...Read More
Fastmarkets' alumina index fob Australia fell below $340 per tonne on Friday June 14 due to pressure from high availability of unplaced cargoes and low aluminium prices. The daily fob Australia alumina index declined to $339.65 per tonne - its lowest since August 24, 2017 on Friday June 14, down from $341.52 per tonne day on day and down from $349.39 per tonne week on week.Key drivers:The most rec...Read More
For several years we have said on both the Montrealanalyst.com and Canadianmineanalysis.com sites that there had been a meeting of major bankers (banksters) about five years ago in a major U.S east coast city. At that meeting they decided that it was necessary (vital) to keep the price of the gold bullion under the $1300 or so per ounce range. Manipulation was put into the "plan" and they are mast...Read More
Adam HamiltonArchivesJun 14, 2019 The gold miners' stocks have surged powerfully over the past few weeks, challenging upleg highs. Traders started returning to this small contrarian sector as gold blasted back above the psychologically-crucial $1300 line. While such early-summer strength is atypical, gold miners' technicals, sentiment, and fundamentals all support more gains to come. Gold stocks n...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended lower Friday but investors largely ignored tensions in the Middle East, weak data from China, and disappointing revenue and demand outlooks from Broadcom (AVGO - Get Report) . Chipmaker Broadcom tumbled after beating quarterly earnings expectations but missing revenue estimates...Read More
Fastmarkets has amended its weekly publication day of five price assessments, including two nickel pig iron (NPI) price assessment, two laterite nickel ore price assessment and one nickel sulfate price assessment effective from today on June 14. Fastmarkets has amended the publication day for the following price assessments after an initial one-month consultation period that concluded it was best...Read More
The European charge and high-carbon ferro-chrome benchmark settlement for the third quarter of 2019 has dropped 16 cents to a three-year low of $1.04 per lb. The price is announced every quarter by Merafe Resources, which operates a chrome joint venture with trader-miner Glencore in South Africa.The benchmark is a forward-looking price for the coming quarter and the latest settlement reflects incr...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 250,11465,87659,835137,719339,746447,668465,457 Change from Prior Reporting Period 9,637-18,4862,9375,20234,65317,77619,104 Traders 19272665756280167 Small Speculators LongShortOpen Interest 48,99531,206496,663 -2,608-3,93615,168 non reportable positionsC...Read More
By: Ira EpsteinGold $1,360's zone resistance - but geo-politically, triggers exist:Read More