"As I mentioned in December --- gold will have resistance this year from 1588-1630. Note today gold has hit 1588 and is backing off.This remains the key area for gold to breach.Support lies at the 89 Wk Moving average and the lower channel line."Read full newsRead More
"@MishGEA @GoldEagleCom @TFL1728 The USD is still king of currencies --------- and gold is catching a bid as well.Major resistance this year is 1588-1630.That's the key area to watch for now."Read full newsRead More
These drill results from the highlights section of the stock market announcement (RNS) are clearly high-grade to mid-gradeRead full newsRead More
"The S&P/TSX Composite Index (INDEXTSI:OSPTX) closed last Friday (January 3) down 33.83 points, or 0.2 percent, at 17,066.12. Click the link below for an overview of the 5 TSX-listed mining stocks that saw the biggest gains last week. https://t.co/VZIlZArcvJ #TSX #mining #stocks"Read full newsRead More
"Last Friday, the S&P/TSX Venture Composite Index (INDEXTSI:JX) was trading at 589.22 points - up by 1.35 points over the previous day. Below we give an overview of the 5 top performing #stocks on the #TSXV of last week. https://t.co/wFOgRvoOLs #preciousmetals #investing"Read full newsRead More
"Peruvian Metals Achieves Record Throughput in 2019 at the Aguila Norte Processing Plant in Northern Peru https://t.co/0GqhscMido @peruvianmetals $PER"Read full newsRead More
Silver Spruce Resources Inc. (TSXV:SSE) (Frankfort:S6Q1) (Read full newsRead More
Renforth Resources Inc. (CSE:RFR) is pleased to announce that a total of $777,700 has been raised to fund 2020 drilling.Read full newsRead More
The start of 2020 is giving investors an indication of what might be the top-performing sectors for the year.Gold, in particular, is coming back on the radar and increasingly finding its way into the business headlines. Let’s take a look at one stock that might be an interesting addition for a TFSA pension portfolio right now.Barrick Gold Barrick Gold (TSX:ABX)(NYSE:GOLD) trades at $24 per s...Read More
For the past decade, stocks have generally gone up.We haven't had many major pullbacks or a proper bear market.But some cracks are starting to show.Global growth has been stagnant for a while, and now the U.S. economy is losing steam, too.Unfortunately, there aren't many places for investors to hide.That's because the Fed's way of dealing with these issues has been to keep interest rates at a rock...Read More
Gold futures jumped after reports of rocket attacks on a US military base in Iraq, hitting fresh six year highs.Gold for delivery in February touched $1,613.30 an ounce, up $39 an ounce from the settlement price at the end of regular trading on Tuesday.History suggests that gains driven by geopolitical tensions alone may be short-lived, Macquarie Group strategists including Marcus Garvey said in a...Read More
Image from BHP The world's biggest miner, BHP (LON: BHP) is looking to India's fast- growing economy and its accelerating steelmaking output as a way to help offset the declining Chinese coal demand in the new decade, the Syndey Morning Herald reported. China's consumption of iron ore and coal - key steelmaking ingredients and Australia's two top exports - led to a windfall in 2019 for...Read More
Credit: G2 Goldfields Explorer G2 Goldfields has released the results of four holes completed 400 metres west of the W3 discovery at its Sandy Lake project, located 225 km north of Red Lake, Ontario.Drill highlights include:7.54 metres of 1.13 g/t gold;3.31 metres of 1.84 g/t gold; and60.48 metres of 0.83 g/t gold.These four holes were drilled to follow up on W3 results released in September, whi...Read More
Li-Cycle's first commercial shipment of recycled battery materials. Credit: Li-Cycle Li-Cycle Corp. has reported its first shipment of commercially recycled battery material from its facility in Ontario. The shipment, made in December, contained key energy metals used in lithium-ion batteries, such as cobalt, nickel and lithium, in a concentrate. Li-Cycle says it is one of the few companies globa...Read More
Sandvik is preparing to deliver its renewed electric loader, the Sandvik LH625iE, for field testing to the Kiruna mine in northern Sweden. The unit to be tested is the 600th electric loader from Sandvik and is custom-designed for the Kiruna mine.The giant underground loader, which features a 9.5 cu. metre bucket and a 25,000 kg payload capacity, is designed to operate in the world's largest underg...Read More
A summary of base metals premiums from across the globe for the week to Tuesday January 7.Click on...Read More
The three-month zinc price on the London Metal Exchange climbed by 1.3% by the close of trading on Tuesday January 7, topping gains in the complex amid moderately low turnover across the board, while the aluminium price shed 1% of over the afternoon. Zinc's outright price on the LME closed at $2,346 per tonne this afternoon, its highest closing price since November 18, 2019. Despite low turnover o...Read More
Former London Metal Exchange chief executive Garry Jones has been appointed chief executive officer of technology provider Perfect Channel, effective January 1, the company said. Jones, who joined Perfect Channel as a director in September 2019, will now seek to deliver a strategic business plan to work with a variety of partners across multiple asset classes, focusing on financial institutions, c...Read More
Mkhwanazi joined the South32 board in July shortly after the company was formed.He had been a director of BHP Billiton, serving as chairman of BHP Billiton South Africa and president and chief operating officer of South Africa Aluminium.Prior to his executive roles at BHP Billiton, Mkhwanazi served as CEO of Bateman Africa and the National Energy Regulator.He previously held senior positions at th...Read More
NRW CEO and managing director Jules Pemberton said the BGC pick-up had boosted NRW's operational delivery capabilities in the Pilbara by adding skilled personnel with the capabilities and experience to safely and efficiently deliver the project's large bridges and concrete structures.Under the contract's scope BGC will lay about 65km of rail, including earthworks, roadworks, drainage works an...Read More