The spread of the coronavirus has hit the entire London Metal Exchange (LME) bas...Read full newsRead More
Forget fear, uncertainty, and inflation. This factor is what should send gold significantly higher.Read full newsRead More
March 06, 2020 (ACCESSWIRE via COMTEX) -- CORAL GABLES, FL / ACCESSWIRE / March 6, 2020 / The top website for all things gold stocks, GoldStocks.com just...Read full newsRead More
U.S. shale producers on Monday rushed to deepen spending cuts and could reduce f...Read full newsRead More
The spread of the coronavirus has hit the entire London Metal Exchange (LME) bas...Read full newsRead More
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eMetals Limited has completed a comprehensive project review of historical exploration activities on the Nardoo Well tenement.Read full newsRead More
Central banks around the world are panicking as their interest rate plans have completely derailed in light of the coronavirus outbreak. The virus that causes COVID-19 broke out in Wuhan, China, earlier in 2020.At writing, cases of the virus in China have increased, and there have been outbreaks in Northern Italy, Korea, and Iran. Forty banks have already cut interest rates due to the pandemic, an...Read More
Buying a basketful of the top TSX dividend stocks is a smart play right now. Indeed, a bear market could already be underway, with sentiment taking a downward turn.The next few months will determine whether the record bull run is finally at an end. In the meantime, getting defensive is a strong move.Here are two top stocks to buy now as pundits turn bullish on dividend stocks.Buying the best Canad...Read More
The March edition of our On the Move newsletter is now available. The monthly publication tracks management and board appointments across Canada's mining and mineral exploration industry.To view a copy of the newsletter, click here.Keep us up to date on your company's latest appointments and achievements by emailing us at [email protected] or sign up for the free newsletter.Read More
Red Chris mine, British Columbia. (Image courtesy of Newcrest Mining) Newcrest Mining (ASX: NCM) has lowered its gold production forecast for the full year due to reduced output following the sale of its interest in the Gosowong mine in Indonesia.Australia's largest listed gold miner cut gold production outlook to between 2.1 million ounces and 2.2 million ounces for fiscal 2020, from 2.38 milli...Read More
You hear that coughing and wheezing?It's not someone infected with the coronavirus, it's the Wall Street junkie trolling for another hit of that sweet, sweet monetary stimulus."It's critical for the Fed to cut again. The market doesn't want one-off responses. The Fed has to be willing to cut repeatedly. If this is a one-and-done cut, that's a disaster and counterintuitive," a panicked investment b...Read More
Brucejack mine, British Columbia. Image courtesy of Pretivm ResourcesPretium Resources has released updated resources and reserves for the Valley of the Kings zone at the Brucejack mine in British Columbia as well as an updated life of mine plan. Most notable is the 36% drop in the reserve grade for this zone down to 8.8 g/t gold, versus the prior estimate of 13.8 g/t.The resulting mine plan upd...Read More
The plant at First Quantum Minerals' Cobre Panama mine. Credit: First Quantum Minerals Royalty and streaming company Franco-Nevada just had its best year ever, reporting revenue of $844.1 million on the sale of 516,438 gold-equivalent oz.Net income for the year was $344.1 million, or $1.83 per share.The final quarter of 2019 was also the company's best quarter ever, with revenue of $258.1 million...Read More
Aurizona gold mine, Brazil. (Image courtesy of Equinox Gold.) Equinox Gold (TSX: EQX NYSE: EQX) and Leagold Mining Corporation announced Tuesday they have completed their business combination, merging to create one of the world's top gold producing companies operating entirely in the Americas. The deal, announced in December, adds Leagold's four mines in Mexico and Brazil to Equinox's port...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 10 that are worth another look.The recent extension of the 2019-nCoV coronavirus quarantine area to all of Italy has resulted in trading activity falling to nearly zero and has caused some minor disruptions to deliveries, sources told Fastmarkets on March 10.A falling aluminium price on the Shanghai Futures Exchange below pro...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 10.Click on the above image to view this...Read More
The London Metal Exchange may switch from open outcry to electronic price discovery if the 2019-nCoV coronavirus makes it impossible for ring-trading to continue safely, it has said.At the moment, the ring is continuing to operate from London, and the exchange has adopted various precautionary measures intended to halt the spread of the virus, including the creation of a split-team arrangement for...Read More
Here are five Fastmarkets stories you might have missed on Tuesday March 10 that are worth another look.The recent extension of the 2019-nCoV coronavirus quarantine area to all of Italy has resulted in trading activity falling to nearly zero and has caused some minor disruptions to deliveries, sources told Fastmarkets on March 10.A falling aluminium price on the Shanghai Futures Exchange below pro...Read More
1.The US government is taking Corona very seriously, but only as it relates to the stock market. 2. Instead of trying to save burning stock market investors from an ongoing sleigh ride into the financial abyss, the government needs to start mobilizing the nation's armed forces... for the biggest mass disinfectant program in the history of America.3. Trump is gambling (with millions of l...Read More