Stock image. Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, metals and mining research and consultancy group Wood Mackenzie said Tuesday. Miners are set to enjoy bumper margins and the trade-off between investing for the long-term and returning money to shareholders will be acutely apparent. It is crucial that miners capitalise on this mome...Read More

Kibali is one of the largest gold mines in Africa. Credit: Barrick Gold Corp. Barrick's 45% owned Kibali mine, located in the Democratic Republic of the Congo, exceeded its 2019 production guidance of 750,000 ounces by a substantial margin, delivering 814,027 ounces of gold in a record year.In a media briefing this week in Kinshasa, President and CEO Mark Bristow said that Kibali's performance de...Read More

Credit: Troilus Gold The most recent exploration release from Troilus Gold includes continuous mineralized intervals from the Southwest zone, at its flagship project in the Val-d'Or district of Quebec, 3.5 km south of the past-producing Z87 pit, where drilling tested an area of 500 metres by 250 metres.Drill highlights from the seven holes released include:24 metres of 2.26 g/t gold-equivalent;31...Read More

If you're a little worried about the frothy stock market...If you're looking for a safe place to put your money...If you want to sit back and collect cash payouts without doing any work...I've got some great news for you.It's all within your reach.I'm going to show you exactly how to collect cold, hard cash and achieve a total peace of mind in the process.Here's the deal...About a year ago, I went...Read More

Eastside gold property. Credit: Allegiant Gold. Allegiant Gold has released an updated resource estimate for the Original zone at its flagship 67-sq.-km Eastside project. The update features 57.1 million inferred tonnes grading 0.6 g/t gold-equivalent for a total of 1.1 million oz. and is based on an additional 22 holes drilled at the Original zone.This updated resource represents a 52% increase...Read More

Pickle Crow. Credit: First Mining Gold Perth, Australia-based junior Auteco Minerals has signed a deal with First Mining Gold to earn up to an 80% interest in the Pickle Crow gold project in northwestern Ontario.Under the agreement, Auteco will spend C$10 million over five years on exploration, and issue cash payments totalling C$4.1 million as well as 125 million Auteco shares to First Mining.Pi...Read More

Jan 28, 2020 Guest(s): Gianni Kovacevic Executive Chairman, CopperBank America is losing the trade war with China, and the Phase One deal was just political posturing ahead of the November presidential election and won't really have any real economic impact, this according to Gianni Kovacevic, executive chairman of CopperBank. "The Chinese won the trade tariff war," Kovacevic told Kitco News on...Read More

Jan 28, 2020 Guest(s): Denis Laviolette President, CEO & Director, GoldSpot Discoveries Artificial intelligence is playing a larger role in the mining space, with one company taking on the task of collecting and sifting through large data sets for miners. Denis Laviolette, CEO of GoldSpot Discoveries, said that there are some common misconception around the term "A.I.""The overall field of data...Read More

Aluminium premiums in Europe continued to buck the general trend in the week ended Tuesday January 28, rising further while premiums in Asia and the United States were static.Rotterdam duty-unpaid premium climbs to highest since August US Midwest premium holds at 23-month low Domestic Brazil premium edges higher Asia premiums static due to lunar new year holiday. Tight availability fuels European...Read More

Weekly Reports |Jan 28 2020The uranium market is again in stasis as several lingering issues provide for collective uncertainty.-No response yet to White House Working Group recommendations-No indication regarding Iran sanction waiver expiries-No interest from buyersBy Greg PeelThe global uranium industry has begun 2020 with the same issue besetting it in 2019 - uncertainty.It was two years ago t...Read More

The London Metal Exchange three-month nickel price hit a seven-month low at $12,550 per tonne on Tuesday January 28, precipitated by risk-off selling while the uncertainty in Asian markets mounts due to China's growing coronavirus epidemic. "All eyes have been on the underlying nickel price with the market hitting a seven-month low on the coronavirus outbreak. Funds have shifted into risk-off mode...Read More

Chilean copper content in mine production is estimated to reach 7.04 million tonnes in 2030, rising by 19.7% from 5.88 million tonnes expected in 2019, the country's copper commission Cochilco announced.Cochilco used the current project pipeline in the country as a basis for calculating production trends, it said on Monday January 27. In a bullish scenario, output could hit 8.08 million tonne...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 28, 2020The question most gold bugs are probably asking themselves right now is this: How high must gold bullion go before the gold stock ETFs stage their own key breakouts and rally alongside gold?The answer, quite simply, is:Higher than the price is today.Disappointment and surprise...Read More

Chilean copper content in mine production is estimated to reach 7.04 million tonnes in 2030, rising by 19.7% from 5.88 million tonnes expected in 2019, the country's copper commission Cochilco announced.Cochilco used the current project pipeline in the country as a basis for calculating production trends, it said on Monday January 27. In a bullish scenario, output could hit 8.08 million tonne...Read More

Key North American and European market indices closed higher yesterday but Australasian markets were mixed, with China's stock exchanges closed for an extended holiday to February 3 due to the spread of the coronavirus.WHO said yesterday 4,593 cases had been confirmed globally, with 56 outside of China in 14 countries. Inside China there were 106 deaths, 976 severe cases and 6,973 suspected to hav...Read More

Broda points to the fact China consumed about 35% of the world's iron ore and 20% of its copper in 2003, but in 2019 those percentages had swelled to about 70% and 50% respectively."In our view, even a less virulent disease could create more impact than comparisons to 2003 and this appears to be what the copper and iron ore markets are telling us, down 7% and 10% respectively over the past 5 days,...Read More

Glencore have appointed Mike Westerman to the position of acting head of copper assets following the departure of Mike Ciricillo.Westerman accepts the role after having been chief operating officer of Glencore's Australian copper assets for several...Read More

Stewart Thomson, Graceland Updates 1. The question most gold bugs are probably asking themselves right now is this: How high must gold bullion go before the gold stock ETFs stage their own key breakouts and rally alongside gold?2. The answer, quite simply, is: Higher than the price is today. Disappointment and surprise are part of investing. 3. So is diversification, a...Read More

By: Ira EpsteinGold in a saucer-pattern. Swing-lines, bias is up as price remains above the 18-dma. Read More

Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More