Gold has pulled back sharply, after reaching a multi-year high of over US$1,550 per ounce in early September 2019, to trade at US$1,475 an ounce. This has tarnished much of the bullish optimism surrounding the outlook for the yellow metal and gold miners.One miner that has been particularly roughly handled by the market is New Gold (TSX:NGD)(NYSE:NGD). It has gained a mere 7% since the start...Read More
A “phase one” trade deal has been reached at the very last minute, giving the markets a full day of trading to adjust to the relaxed tensions between the U.S. and China. For nearly two years, our two largest trade partners have been engaged in a trade war that has weighed on the markets and stalled global growth.With a December 15th deadline that had loomed large over the week now defu...Read More
Many commodity miners have been roughly handled by the market since the start of 2019 because of the U.S. China trade war and fears of a global recession, which have weighed on commodity prices.Diversified Canadian miner Teck Resources (TSX:TECK.B)(NYSE:TECK) has lost 20% since the start of 2019, triggering speculation that it is attractively valued and poised to rebound because of signs that the...Read More
New technologies have changed the world and the way we do things in lot of ways during the last decade or two. Think about a world without the internet or the smart phone. It's how some of these devices can transform a persons life and enable us as people do things that just a few short years ago would be almost unheard of. Take for instance prospecting and how the simple drone can speed up prosp...Read More
Most metal bulls will be able to tell you the price of gold or silver off the top of their heads on almost any given day. However if you asked them what the price of any of the base metals or the white metals were they would most likely be stumped for an answer. That's because most metal bulls don't seem to keep track of the platinum group metals and so by the time a person actually notices the ri...Read More
Metal prices both precious and base have been pretty dismal the past few years. Aside from palladium going to the moon price wise in the precious metal side, the only other metal that has had any shine is copper. This is mainly due to the fact that there could very well be a massive shortage of copper in years to come. This shortage is mainly derived from countries around the world that are going...Read More
There is an old saying in the gold and precious metal trading circles that say's "Sell in Mayand go away". If ever that saying rang true it was this year as we saw gold and silver sell off to two year lows starting back in June. This in turn has made the entire mining stock sector a pretty ugly place to be if your hoping to make a few bucks. Just how bad is it? Well in September the GDXJ hit it's...Read More
Most of us gold and metal buffs tend to follow the precious metal scene and aside from taking a glance a copper once in a while we seem to ignore what's going on with the base metals. For the past year a lot of analysts have been following cobalt and lithium but at the same time nickel has almost doubled and very few had even noticed. If you have a junior mining stock that has exposure to nickel y...Read More
It's hard to be a gold bug or grass roots mining stock buff and not have an interest in buried treasures or lost gold mines. I think that is what makes prospecting exciting. In a lot of cases it's not the treasure that you hope find but all the excitement that goes into the actual searching for the treasure. I tend to think that with the true prospector it's more the adventure than it is the rewar...Read More
Welcome to 2018. Some analysts are saying that this year is the year for gold. But there are a few other market watchers who are saying forget gold and watch silver, or better yet, buy silver. Be it physical bullion, silver ETF's or silver mining stocks. There are guys out there who are touting we will see $400+ silver price this year. I know it sounds far fetched and even though I think that a $4...Read More
Seems we live in a totally fake world now. Ever since Trump's tag line, "fake news," everything is turning up fake. I have always known about fake statistics, fake information, fake people and yes even fake bullion, but when a story about fake gold came out about a one ounce ingot that supposedly came from the Royal Canadian Mint as being fake, that was enough to raise an eyebrow.Turns out that a...Read More
When it comes to investing in a junior mining company the one you thing can almost always be certain of is "uncertainty." Mining and especially exploration is and always has been a high risk business full of uncertainties. Those uncertainties and risks can range from everything from government politics to commodity prices and everything in between. From raising money to how that money is going to...Read More
I've been reading bits of articles lately about a coming shortage of cobalt. Now I don't really know a whole lot about cobalt other than it's mined so I decided to to do a bit of investigating. There are a few things that I found out about doing some quick research and one is that cobalt mining shouldn't be protested about by enviromentalists. Another important issue that I've discovered is that t...Read More
AntaKori project site. Image by Regulus Resources Regulus Resources (TSXV: REG) has closed its previously announced bought deal financing, including the exercise in full of the underwriter's option. Under the public offering, the company issued 7.78 million units at C$1.06 per unit, with each comprising one common share and one half of one common share purchase warrant, for aggregate gross procee...Read More
Rough diamonds. (Reference image courtesy of Alrosa). The world's top diamond producer by output, Alrosa (MCX: ALRS), and the Zimbabwe Consolidated Diamond Company announced this week the signing of a number of agreements to finalize the creation of a joint venture for prospect and exploration work for primary diamond deposits in Zimbabwe. Alrosa says its Zimbabwean operations will follow busine...Read More
Atacama Kozan operation in Chile's Copiap?? province. (Image courtesy of Atacama Kozan). Atacama Kozan, a Chilean-Japanese mining company that operates its namesake copper mine in the Copiap?? province in northern Chile, filed a legal complaint alleging being the victim of fraudulent transactions carried out by Chilean senator Rafael Prohens.According to court documents obtained by local Radio B?...Read More
Sphinx Resources' director Michel Gauthier (left) operates a drone while workers carry out stripping (background) in 2017 at the Sonny zone on the Calumet-Sud zinc property in Quebec. Credit: Sphinx Resources Zinc prices have fallen 32% from a high of $1.63 per lb. in early 2018 to $1.15 per lb. But Jeremie Ryan, CEO of Sphinx Resources (TSXV: SFX), is rolling with the punches."Price fluctuations...Read More
Silver-coloured Leicester's World Tree sculpture. (Image by Mat Fascione, Geograph.org.uk). Researchers at Wake Forest University in North Carolina are using silver diphosphide (AgP2) as a novel catalyst that takes carbon dioxide pollution from manufacturing plants and transforms it into a material called syngas, from which the liquid fuel used in manufacturing is made.The new catalyst allows the...Read More
LONDON, 2 December 2019 - Analysis from BullionVault features today in a detailed look at the case for and against buying gold this New Year."Gold has been the star performer of 2019, but does the gold rush have further to run?" asks the magazine online. "We consider prospects looking ahead."Read the full report, including BullionVault's analysis of historic patterns for UK investors, at Money Obs...Read More
LONDON, 21 November 2019 - Comment from BullionVault is quoted today in a report on the latest gold-price action published on Morningstar, the investment-fund rating and news service."Gold's sensitivity to trade-deal headlines seems to be easing off," says Adrian Ash, director of research at BullionVault.You can read the full note, first published at MarketWatch, here:Gold prices fall to lowest se...Read More