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Tough year for Buenaventura as continues transition

February 21, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesEquity gold production fell 21% to 464,487 ounces from 590,349oz a year ago as output from its direct operations fell 43% to 169,273oz from 296,301oz.Silver production dropped 24% to 20.1Moz from 26.3Moz a year ago. Zinc and copper production each fell 5%, while lead production increased 10%.Artemis all set thanks to unique approac...Read More

The changing fortunes of battery metal producers

February 23, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaIt's early days in the developments being reported in China but investors should be aware that demand for nickel and cobalt in the batteries...Read More

WRAPUP 2-Surging gold prices propel earnings at miners Newmont, Kirkland

February 23, 2020 / dlvr.it

Kirkland bumped 2020 spending to $500 million compared with $245 million previously and said production at Detour in Ontario would drop to 530,000 ounces from 601,000 ounces last year. However, the company pointed toward weaker production at the newly acquired Detour mine this year and cut the reserve grade at its flagship Fosterville underground mine in...Read full newsRead More

Empower Clinics (@EmpowerClinics) (#CSE: $CBDT | #OTC: $EPWCF) Launches Improved Line of #CBD Products; Confirms 20...

February 19, 2020 / twitter.com

"Empower Clinics (@EmpowerClinics) (#CSE: $CBDT | #OTC: $EPWCF) Launches Improved Line of #CBD Products; Confirms 2020 #Hemp Handlers Licence for #Extraction Facility in Oregon [https://t.co/aYYauuOin8]#investing #stocks #stockmarket #trading #investors #capitalmarkets #cbdoil"Read full newsRead More

A very good video all about the #Juniormining space (the best content starts at 4min)...what to ask, what to watch,...

February 21, 2020 / twitter.com

"A very good video all about the #Juniormining space (the best content starts at 4min)...what to ask, what to watch, what kind of company is best to invest in... Royalty? Prospecting?#MustSee#MomentumStockshttps://t.co/hJeqssdk87"Read full newsRead More

@HenrikZeberg @Can2b11 You should get your answer soon ...... if gold can crack below that upper velocity line, th...

February 14, 2020 / twitter.com

"@HenrikZeberg @Can2b11 You should get your answer soon ......if gold can crack below that upper velocity line, the chances would certainly increase (IMO) on your forecast.Above 1588-1630 & Odds would shift that upside not complete.Just my opine."Read full newsRead More

"We believe that current market conditions provide significant opportunity to acquire exceptional exploration prope...

February 19, 2020 / twitter.com

""We believe that current market conditions provide significant opportunity to acquire exceptional exploration properties for great value."$SSE.V #SSEBF #SilverSpruceResources #Gold #GoldMining #AU #PinoDePlata #MalchettLake #MomentumStocks https://t.co/J7HMVnpOiw"Read full newsRead More

Here's Why Coronavirus Fears Could Push Gold to $2,000

February 24, 2020 / www.fool.ca

In the fall of 2019, I’d predicted that gold had a real chance to go above the $2,000 mark after a strong year for the yellow metal. Naturally, the potential catalysts for a bull run I’d explored in the article were primarily economic.A major development that emerged in late 2018 and early 2019 could now have a huge impact on the world economy and on the price of gold – still the...Read More

Gold Price: Is $2,000 per Ounce Now Possible in 2020?

February 24, 2020 / www.fool.ca

The price of gold hit a new seven-year high in recent trading and Canadian investors are starting to wonder if gold could be on track to reach a new record by the end of 2020.Sustainable recoveryGold began the rally at the end of May last year when the price of gold sat near US$1,300 per ounce. At that point the trade tensions between the United States and China started to really heat up and this...Read More

Japan Gold shares jump on Barrick alliance

February 24, 2020 / www.mining.com

Japan Gold Sanru project in northern Hokkaido. Photo by jackmac34, Pixabay. Japan Gold (TSXV: JG) announced on Monday the formation of a country-wide alliance with Barrick Gold (NYSE: GOLD, TSX: ABX) to jointly explore, develop and mine properties in Japan.The Canadian company also announced additional six new project in the Southern Kyushu Epithermal Gold Province. The Canadian company also anno...Read More

3 Biggest Loser Stocks Today to Make You a Super Stock Picker Tomorrow

February 24, 2020 / www.fool.ca

Some of the latest and biggest loser stocks over the last month are Teck Resources (TSX:TECK.B)(NYSE:TECK), CCL Industries (TSX:CCL.B), and MTY Food Group (TSX:MTY) for having fallen 29%, 19%, and 20%, respectively.However, they can make you a super stock picker in the future if you buy them at the right time. First, let’s explore why the stocks are down.Teck Resources stock down by a halfTe...Read More

Gold price surges as hedge funds wager $9bn on more gains

February 24, 2020 / www.mining.com

Vault alarm. The gold price surged to the highest since January 2013 on Monday as retail investors and hedge funds piled into the safe havens to inoculate against growing panic about the spread of coronavirus infections outside China.The gold price jumped out of the gate on the Comex market in New York, touching a high of $1,691.70 shortly after the open, up $42.90 an ounce or 2.6% compared to Fr...Read More

What Ever Happened to Pot Stocks?

February 20, 2020 / www.outsiderclub.com

In less than a year, pot stocks went from the "Belle of the Ball" to a "Pig with Lipstick".That is to say that it's been a rough go for us cannabis investors. Last year was a forest fire. But, it was crucial to recalibrate a runaway industry. I believe the best is yet to come...If you've been paying attention, you've seen this play out in real-time.Speaking of pigs and troughs, let's take a look a...Read More

Excellon to acquire Otis in all-share deal

February 24, 2020 / www.mining.com

Kilgore gold project Credit: Otis Gold Producer Excellon Resources (TSE: EXN) has announced plans to acquire developer Otis Gold in an all-share deal worth an estimated $32.3 million, based on recent closing stock prices.Excellon's main producing asset is the high-grade underground silver-lead-zinc mine in Mexico whereas Otis holds the Kilgore gold project in Idaho. Based on a share exchange...Read More

Metso to supply Vertimill to Indonesian mine

February 24, 2020 / www.mining.com

Metso Vertimill (Credit: Metso) Gold and silver producer PT Agincourt Resources (PTAR) has selected Metso's energy efficient grinding technology for its Martabe open pit mine on the Indonesian island of Sumatra. The Metso Vertimill VTM-4500 stirred mill is the largest of its kind to be installed in the country."PTAR worked with Orway Minerals on the circuit concept and with Ausenco on the pro...Read More

Yamana and Orion sell royalties and streams to newly launched Nomad

February 24, 2020 / www.mining.com

Premier Gold Mines' Mercedes mine in Mexico, its silver stream is currently held by Orion Credit: Premier Gold Mines Newly launched royalty company Nomad has entered into purchase agreements worth $268 million with Orion Resource Partners and $65 million with Yamana Gold (TSE: YRI) to acquire portfolios of royalty, stream and gold loan assets."Together with our partners, Orion and Yamana,...Read More

IN CASE YOU MISSED IT: 5 key stories from February 24

February 25, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Monday February 24 that are worth another look.Chinese rebar remained the most competitively priced of imports of the long steel product in Singapore over the past week, edging out Turkish products.The discount for copper scrap imported into China has fallen in February on a lower commodity price and a negative arbitrage, with the impact o...Read More

Coronavirus Crisis Shakes Up Global Financial Markets!

February 25, 2020 / www.thebullandbear.com

A black swan event is one that is an unforeseeable surprise of large magnitude and consequences. Already, the coronavirus disease outbreak qualifies as a black swan event, asserts Patrick Heller, editor, Liberty's Outlook, a monthly newsletter published by Liberty Coin Service.The term "black swan" traces its lineage all the way back to 2nd Roman poet Juvenal. It became popular in financial circle...Read More

LIVE FUTURES REPORT 24/02: Coronavirus fears push LME zinc price down 2.7%; copper follows amid risk-off sentiment

February 25, 2020 / www.metalbulletin.com

The three-month zinc price on the London Metal Exchange fell by more than 2% at the close of trading on Monday February 24, with downward moves taking it to its its lowest close since July 2016, while broad risk-off sentiment across the base-metals complex saw copper lose 1.2% of its outright price.Zinc's underlying price on the LME closed at $2,046 per tonne on Monday afternoon, falling from an i...Read More

Chinese copper scrap discount falls on metal price drop; cargo deliveries resume

February 25, 2020 / www.metalbulletin.com

The discount for copper scrap imported into China has fallen in February on a lower commodity price and a negative arbitrage, with the impact of virus-led delivery delays on the overseas scrap price being minimal in the Chinese market.Fastmarkets assessed the monthly discount of No 2 94-96% copper scrap, birch or cliff, at 31-34 cents per lb cif China on February 24, down from 33-37 cents per lb i...Read More

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