Publisher's Note: Today we're bringing you an excerpt from an Interim Wealth Bulletin from The Dines Letter.Market news is moving fast and it is hard to find quality, clear-headed analysis out there. Thankfully, we can turn to Mr. Dines for his take on a wide range of topics from precious metals to pot stocks, and so much more. Read on for Mr. Dines' latest update.Call it like you see it,Nick Hod...Read More
An outcrop at Probe Metals' Val-d'Or East gold project in Quebec. Image from Probe. Probe Metals has released assay results for drill holes completed at its wholly owned Val-d'Or East property in Quebec, which covers 119 sq. km. According to the company, this drilling has extended the Bussiere West and Southeast zones, which lie along the Courvan gold trend, on strike and at depth.The drill high...Read More
On May 16, the USS Portland sailed out to sea, where it was attacked by an airborne drone.With one swift action, the crewmen took aim with America's newest, and most powerful, laser weapon, destroying the target mid-flight.Furthermore, the Navy was so proud of its new laser weapon (and perhaps eager to demonstrate this capability to adversaries like China) that it released footage of the test on Y...Read More
Loading ore into a haul truck at the Eagle gold mine. (Image courtesy of Victoria Gold).Victoria Gold's (TSE: VGCX) Eagle gold mine in Canada's Yukon territory has produced 25,068 oz. of gold from the start of this year until the end of May, and is expected to achieve commercial production at the end of the second quarter or early in the third quarter.In a release, the company's management noted...Read More
Waterval Smelter Complex in Rustenburg South Africa - Image from Anglo American Platinum. Anglo American Platinum has shut down its Phase B unit of the Anglo Converter Plant in Rustenburg after a water leak in the high-pressure cooling section detected on Sunday. "Our systems allowed us to bring the unit down pro-actively and safely. All employees evacuated the area safely," Amplats said in a re...Read More
Processing facilities at the Limon gold mine in Nicaragua. (Image: B2Gold.) Calibre Mining (TSX: CXB) on Wednesday released a maiden mineral resource estimate for the Panteon deposit at its Limon mine in Nicaragua.Panteon is a high-grade vein located 150 metres from the actively producing Santa Pancha underground mine. From 1965 to 1992, gold mineralization was mined along a 1,000-metre-long sect...Read More
Here are a Few Takeaways:?EUR? Silver's Silver Lining: Silver is going to outperform its big bro in the coming years. Throughout history, the gold-to-silver ratio has traded at much lower levels. A decrease in the GSR, down to 40 or 50 over the next several years, will juice the cash-flow generation of silver producers.Some targets to consider. In 2011, at the peak of the perceived efficacy of qua...Read More
Here are five Fastmarkets stories you might have missed on Wednesday June 3 that are worth another look.Mills in India and Pakistan have returned to the market for bulk scrap and have booked cargoes from the United States over the past few days, sources told Fastmarkets on June 3.Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama rose by 4% mont...Read More
The closure of the arbitrage window between London and Shanghai prompted a drop in Chinese zinc premiums in the week to Tuesday June 2, while broad stagnancy in European and US demand kept premiums firm, although some market participants anticipate that demand could further weaken in the coming months. Cif Shanghai premium dipped as demand diminished in line with arbitrage window's close Sout...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday June 3.Please click...Read More
Here are five Fastmarkets stories you might have missed on Wednesday June 3 that are worth another look.Mills in India and Pakistan have returned to the market for bulk scrap and have booked cargoes from the United States over the past few days, sources told Fastmarkets on June 3.Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama rose by 4% mont...Read More
To facilitate the process, the company plans to complete a 10:1 share consolidation and reduce its share count from 253.6 million to 25.4 million.Read More
An earthquake with a magnitude of 6.8 has hit the Antofagasta region of Northern Chile, which is home to a cluster of major copper mines, Fastmarkets understands.The US Geological Survey said the earthquake occurred in the early morning local time on Wednesday June 3, with the epicentre of the quake reportedly in the southwest of San Pedro de Atacama. Major copper mines close to the epicentre incl...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has entered into an agreement with a reporting insider of the Company in connection with a non-brokered private placement financing (the "Offering") pursuant to which the insider has agreed to subscribe for up to 1,400 senior unsecured convertible debentures (the "Convertible...Read More
Key data from the pricing session in London on Wednesday June 3.Key drivers: Standard-grade cobalt prices drifted further on the low-end of the quote, on continuing good availability, despite the suspension of production at Ambatovy. Offers were being revised to the low side, and sellers opened to bids, in light of thin demand refently, and uncertain...Read More
With the nation in deep crisis, stocks continued on their heedless path higher. The seemingly demented rally is demonstrating yet again that bull markets at some point decouple so completely from reality as to mock those who thrive by promoting them. By now, the spun story that investors are looking past the pandemic and focusing on renewed growth is sounding increasingly farfetched. Some econom...Read More
By: Gary SavageThe US Dollar Index has broken through support and is heading lower. Where to next?https://blog.smartmoneytrackerpremium.com/Read More
Steve St. Angelo, SRSrocco Report What goes up, must come down. And, this is most certainly true for the mighty North Dakota Bakken... the second-largest shale oil-producing region in the United States. Even after the global contagion fades away, the North Dakota Bakken has likely reached peak production. According to a new chart by Jean Laherrere, from his recent work titled, Negative WT...Read More
By: Ira Epstein18-day moving average near 1740, strong support in the lower $1700's:Read More
An overview of the minor metals markets and the reasons for their latest price moves.Read More