Looking to stem losses driven by high-cost operations, New Gold (TSX: NGD; NYSE-AM: NGD) recently tabled revamped life-of-mine plans for its Rainy River and New Afton mines focused on improving the bottom line and boosting profitability.The mine plan update was released along with the company's 2019 results that showed a US$74 million loss for the year or 12 ? per share. Although New Gold hit its...Read More
Seven straight sessions of gains lifted the gold price to a fresh seven-year high, after renewed fears of the coronavirus sent investors scurrying to safe-haven assets.The gold price touched a new intra-day high of US$1,652.10 on the Comex market in New York, up 2%, or US$32 per oz., from yesterday's settlement, and the highest level since mid-February 2013.By midday, trade already hit the highest...Read More
Coeur Mining (NYSE: CDE), the largest U.S.-based primary silver producer, is temporarily halting operations at its Silvertip silver-zinc-lead mine, located in Canada's northern British Columbia, due mainly to low prices for lead and zinc.The decision caused Coeur to book a US$251 million impairment charge on the underperforming asset, acquired from private investor Denham Capital in 2017 for up to...Read More
Newmont Mining (TSX: NGT; NYSE: NEM) and Teck Resources (TSX: TCK.B; NYSE:TCK) are injecting new life into their NuevaUni??n 50-50 joint venture in Chile by investing US$152 million into the project, located in the northern Atacama region.In an evaluation request filed with Chile's environmental evaluation service SEA this week, the companies said they plan to conduct two drilling campaigns this y...Read More
Anglo-American mining firm Lydian International called on the Armenian governmen...Read full newsRead More
Anglo-American mining firm Lydian International called on the Armenian governmen...Read full newsRead More
"$ORC - Orchid Island Capital, Inc. (ORC) CEO Robert Cauley on Q4 2019 Results - Earnings Call Transcript. https://t.co/2etigVn3nz #markets #finance #economy"Read full newsRead More
Armadale Capital (LSE:ACP) has reiterated its intention to deliver a definitive feasibility study ("DFS") for its Mahenge Liandu graphite project in the cu...Read full newsRead More
Thursday saw the price of gold reaching its highest level since early 2013. As a result, investors’ interest in gold stocks soared as they flocked towards Canadian junior gold miners to diversify their portfolio. Canada’s main stock index TSX also touched a new high on Wednesday, boosted by gains in energy and gold stocks. The materials sector, which includes precious and base metals...Read More
With broader markets trading close to record highs and recession fears looming large, is it time to look at alternative investment options such as gold stocks? Gold as a commodity has outperformed the equity markets during recessionary environments, and it makes sense to consider investing in the yellow metal in a downturn.Here we look at two gold mining companies that can create significant share...Read More
Editor's Note: I've been trying to educate you about private placements like those I offer to members of Nick's Notebook. They can be extremely lucrative for several reasons, which I explain here. But it's always better to show than to tell. So below is a sample deal that members of Nick's Notebook are participating in this week. It's a high-grade silver discovery play with multi-bagger upside tha...Read More
By: Ira EpsteinIt all came in to roost today (Friday). Traders are spooked, who are buying gold. Trading at the upper Bollinger band on the monthly gold chart. The highest close in years..Read More
By Gary SavageGold strategies being used again from the past, they do not work. It will fail miserably and cost traders a lot of money..Video Published February 20, 2020http://blog.smartmoneytrackerpremium.com/Read More
IsoEnergy Ltd. (TSXV: ISO; OTCQX: ISENF) has just announced fantastic results from their current drill program, at their high-grade, Hurricane Zone uranium discovery, on the Larocque East property, located in the Eastern Athabasca Basin in Saskatchewan, Canada. Two drill holes intersected massive pitchblende areas measuring >65,000CPS (off-scale on the RS-125), which will translate into very high-...Read More
Here is what's new today on INK Ultra Money. Canadian Insider Club Ultra members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website.1. Enthusiastic Aquilini - INK ResearchAs esports gains in popularity, Enthusiast Gaming Holdings (EGLX) has thrown its hat into the ring to try and profit from all the excitement. The compa...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended Feb-21, 2020$AXU $USAS $KOR.to $AG $FSM $KNT.v $GSV $KL $OR $SILV $PAAS $TXG.to $WGO.v Alexco: is in the process of divesting its profitable and fast-growing remediation business (AEG) to the AEG management group. On closing of the transaction AEG will be pay Alexco $12.1m in cash, with the balance of $1.25m payable pursuan...Read More
Gary Tanashian, NFTRH[edit] I neglected to include an important one from a different vantage point, the Silver/Gold ratio. So let's tuck it in right here at the top of the post. While there are other utilities for this indicator, a decline is surely in keeping with the deflationary hints of the charts that follow and if silver gets out of hand vs. gold to the upside one day it would be an infl...Read More
- Rob KirbyWelcome to Wall Street and the world of high finance everyone! A place where dreams are shattered and hopes are "hookered". Yesterday was Wednesday, February 19, 2020. Yesterday afternoon, at 4:47 pm, the price of bitcoin [was assassinated] dropped 600 dollars [5.6 %] in 5 minutes. Here's what that looks like on bar chart [3 minute intervals]:Click to enlarge..For those of y...Read More
Michael Rivero Discusses a Deep State Coup Attempt & How Hillary Might Sneak into the ElectionDon't want to listen? Read the podcast below!Welcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up Michael Rivero, host of the What Really Happened with Michael Rivero radio show joins me for an incredible interview on a range of topics including the plan to take out President Donald...Read More
By: Ira EpsteinIt all came in to roost today (Friday). Traders are spooked, who are buying gold. Trading at the upper Bollinger band on the monthly gold chart. The highest close in years..Read More