Gold has started off 2020 on a positive note and continues to look well placed ahead.Rising geopolitical tensions could push investors towards traditional safe havens. However, the U.S. has reached a partial trade deal with China, a complete resolution to the trade dispute could take more time. Also, how Iran-U.S. tensions pan out remains to be seen. U.S. presidential elections this November will...Read More
Left to right: Moderator and AME CEO Kendra Johnston, Peter Robb, Assistant Deputy Minister, Ministry of Energy, Mines & Petroleum Resources, Kristina Howe, VP, Investor Relations, Ascot Resources and Corinne McKay, Secretary-Treasurer, Nisga'a Nation. Photo: Amanda Stutt. AME, the lead association for the mineral exploration and development industry in resource - rich British Columbia (BC), host...Read More
Most of the stock market is extremely expensive today. While there may be some upside, it seems to me that massive global debt loads and inflated asset prices put the odds in favour of a sharp downturn in stock prices. We never know when tough times are going to hit global markets, but the one thing we do know from past experience is that when things go bad, they go bad in a hurry.One way to prote...Read More
In 2019, gold charted its best year in 10 years. Also, the precious commodity ranked as one of the best investments in 2019. Bonds and stocks in emerging markets were outperformed. Also, the World Gold Council remains bullish this year.Besides its high price, owning gold bars is difficult. Hence, the next best alternative for retail investors to have exposure to gold is through gold stocks.On the...Read More
Processing facilities at Kerr Mines' Copperstone gold project in Arizona. Credit: Kerr Mines. The US Bureau of Land Management (BLM) has formally approved Kerr Mines' (TSX: KER) plan for the Copperstone gold project in Arizona.Following Kerr's application in June 2018, the BLM conducted an environmental assessment on the Copperstone project as required by National Environmental Policy Act. This p...Read More
We're just a matter of days away from collecting all our tax forms and finding out how much of our income to dump in the U.S. government's money hole.Every year during tax season I come back to something The Onion made about a dozen years ago. It is one of the best satirical videos you'll ever see:That raises the question, though...What if you could get money out of the money hole?This is no scam...Read More
What do lower oil and natural gas prices, Brexit, and coronavirus have in common? They all have the potential to put a serious crimp in your stock portfolio this year.A wildcard such as a rapidly spreading virus is exactly the kind of black swan that investors already eyeing mounting doubt in the markets doesn’t need right now.The coronavirus is already impacting markets, and if the disease...Read More
If you’re wary of putting money to work with as the markets flirt with all-time highs, consider looking to the 52-week-low list for potential value stocks.Be careful, though, as the real bargains are likely surrounded by cigar butts, value traps, and perennial underperformers that could continue to drag.In this piece, we’ll look at two stocks at 52-week lows that I believe are a great...Read More
Jan 24, 2020 Guest(s): E.B. Tucker Director, Metalla Royalty & Streaming People are not paying attention to the next bull run, which would be driven by excessive amounts of debt around the world, and now is a good time to be positioned, said E.B. Tucker, director of Metalla Royalty & Streaming. "I think people should see the $1,900 target that we've been talking about as the next phase and I...Read More
The global stock markets are making the hair on the back of my neck stand up on end. Day after day, markets go up. Good news or bad, markets go up. Every day we are hitting all-time highs. Up and away it goes, and where it will stop, nobody knows.It is not the fact that global markets are going up that is worrisome. A rising global market with increasing stock prices is, after all, the very reason...Read More
Maricunga is less than 5% of the size of the vast lithium-rich Salar de Atacama in northern Chile. (Image courtesy of Sergejf |Flickr.)Chile's state-owned Codelco, the world's no.1 copper producer, filed with regulators on Friday a request for environmental permits to start exploring for lithium at the Maricunga salt flat, the country's second largest in terms of reserves.The sought licences woul...Read More
Newmont staff in Ghana. (Image courtesy of Newmont Goldcorp). Newmont Goldcorp (NYSE: NEM) (TSX: NGT), the world's No. 1 gold miner, announced this week that it earned a 'B' in CDP's (formerly known as the Carbon Disclosure Project) climate change assessment. In a press release, the miner said that the designation recognizes its strong climate governance and financial planning in response to clim...Read More
The three-month price of nickel on the London Metal Exchange was lower at the close of trading on Friday January 24, losing more than 3% and sinking below nearby support to close at its lowest level in six months, while tin futures also struggled over the afternoon.Nickel's outright price on the LME settled at $12,950 per tonne on Friday afternoon, losing more than 9% since starting the week when...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
A summary of Buenaventura's lead, zinc and copper production and sales volumes for the fourth quarter and full-year 2019, following the company's report released on Friday January 24. The Peruvian mining company missed its own full-year targets for zinc and copper production at most of its units, besides the Tambomayo mine in the southern Caylloma province of Peru. Lead output at the El Brocal min...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday January 24.China Low-grade seaborne manganese ore prices ticked up with market participants expecting higher offer prices after the Chinese new year holiday, running January 24-30, while the high-grade market was stable. There was no liquidity reported, however, because of holiday absences. The ports...Read More
Adam HamiltonArchivesJan 24, 2020 The gold miners' stocks have spent the past half-year mired in a high consolidation. They haven't been able to break out, but aren't breaking down either. This technical purgatory is working to slowly bleed off overboughtness and rebalance sentiment. This necessary process to eradicate greed from the last upleg peak is never exciting. But today's low gold-miner va...Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China.To view the latest price assessments, follow the links below: Europe - Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V - Vanadium pentoxide 98% V2O5 min, in-whs Rotterdam, $/lb V2O5 China - Ferro-vanadium 78% V min, fob China, $/kg V - Vanadium pentoxid...Read More
Key data from the pricing sessions in Europe, the United States and Asia for the week ending Friday January 24. Europe The high-carbon ferro-chrome market rose strongly with some producers reporting increased demand from some end consumers. Production cuts have led to a shortage of lower-priced material to parts of the market, while an increase in offer prices for Indian material has c...Read More