88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesBut while these improvements are important, the mining industry still has significant work to do on the SHE front.Th...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesThis is the latest in a long list of organisations proposing ways for the global mining industry to recover from COV...Read More
The stars continue to align for precious metal prices, driven higher by unprecedented economic and political uncertainty and enormous monetary and stimulus programs.This week leaders of the European Union agreed on a landmark 750 billion euro (US$858 billion) stimulus package to assist countries hit hardest by the coronavirus."It's all creating an investment climate where investors are saying: 'We...Read More
Gold prices topped US$1,900 per oz. for the first time since 2011, heading for its biggest weekly gain in more than three months, as momentum builds from flaring geopolitical tensions and worries over global growth drive demand for safe-haven assets.Spot gold was up 0.6% at US$1,900.32 per oz. by noon. Earlier in the day, it reached an intraday high of US$1,906.40 per oz. - its highest level in ni...Read More
Northern Dynasty Minerals (TSX: NDM) has cleared the last environmental hurdle for its proposed Pebble copper-gold-molybdenum mine in Alaska almost two decades after developers first started considering the project.The U.S. Army Corps of Engineers has issued a final environmental impact statement (EIS), backing the controversial mine in the salmon-rich Bristol Bay.The decision opens the door for N...Read More
Taiwanese buyers bid lower for imported containerized ferrous scrap over the past week, but were largely unsuccessful in halting price gains.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $243-245 per tonne on Friday July 24, unchanged from a day earlier but up by $5 per tonne from $238-240 per tonne cfr T...Read More
Offers for Japanese steel scrap in key Vietnam import markets surged this week together with price increases in other parts of the world."The sustained price increases in scrap are catching some people by surprise. I am actually getting a little worried about the prices," a Vietnamese buyer told Fastmarkets on Wednesday July 22.There was a transaction at $255 per tonne cfr southern Vietnam on Thur...Read More
Where's Benoit?Read full newsRead More
New claims cover trends of gold-bearing horizons Vancouver, British Columbia--(Newsfile Corp. - July 24, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) (Read full newsRead More
TORONTO - Iamgold Corp. says it is going ahead with its US$1.3-billion Cote Gold mine in northern Ontario as world gold prices reached nine-year highs over US$1,830 per ounce. Construction of the project, which is 30 per cent owned by Sumitomo Metal Mining Co., will start this summer with preparatory work including fish salvage, camp preparation and road access development. The project is expected...Read More
July 24 (Reuters) - Gold resumed its march toward $1,900 on Friday as an escalation in the U.S.-China spat added further safe-haven fuel to a rally to a nine-year peak driven by fears over the economic hit from the coronavirus pandemic.Read full newsRead More
This video was filmed on July 23, 2020 - just before gold hit US$1,900 per ounce! It has truly been a wild week for gold and silver. After starting the perio...Read full newsRead More
Bravada Gold Corporation announces it has received final approvalRead full newsRead More
Brixton Metals Corp. is pleased to announce a non-brokered privatRead full newsRead More
Overall, the Toronto Stock Exchange seems to be doing much better than where it was in March 2020. Canadian economic data looks promising after the country implemented numerous emergency stimulus measures.The Canadian Emergency Response Benefit (CERB) from the Canada Revenue Agency (CRA) has done well to keep the economy afloat during restrictive COVID-19 measures to slow infection rates.Canadian...Read More
There are very few sectors with bullish fundamentals underlying them that are trading at reasonable valuations. I am a contrarian at heart, so I am drawn to beaten-down spaces. At the moment, two sectors that are trading at enormous discounts are the energy stocks and retail-focused REITs. However, I understand that these sectors have poor short and potentially medium-term underlying fundamentals....Read More
Is there more volatility ahead for the Toronto Stock Exchange? A second COVID-19 wave could send corporate profits falling further in a global recession. Upcoming U.S. elections will also impact global markets.The S&P/TSX Composite Index is still down 5% for the year. Finally, the index has flattened this month, possibly signalling stronger months ahead for the stock market.Energy and fin...Read More
I am loaded to the gills in precious metals equities.Millions and millions of shares plus warrants. In these pages, we have been telling you what was coming for years. It is here. There are secret police kidnapping citizens in American streets. Corporatism has taken over and the printing press is being used to prop up zombie corporations and assets at the expense of the people (the same people...Read More
It's July 25, 2020 and boy have things really started to heat up in the metals markets. Gold yesterday rallied past $1900 and oz and silver got past $23 an oz. With all of this upward movement in the metals, investors are seeing the mining stock rallying and hitting new highs. One of the hottest areas in Canada is of course the Golden Triangle in northern BC and the juniors that are working in thi...Read More
When Ed Harrison interviewed David Rosenberg early this year, the Bay Street economist recommended a barbell approach with long bonds on one end and gold on the other. In the July 23rd Real Vision Daily Briefing, Tyler Neville modifies that theme for Millennials suggesting their barbell should have gold stocks on the one hand and innovative companies on the other.The Fed will keep printing money...Read More