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Why Goldbugs Get Crushed

March 03, 2020 / www.armstrongeconomics.com

QUESTION: This is what infuriates those that like gold. All of the shorting. Why? No other sector looks like this. So how is it that gold miners are restricted but no other sector sees shorting to the extent that restrictions are in place??? Gold is $1600 and these stocks traded double this price in 2008 with gold at $800. You ask why “goldbugs” are so angry, this is your answer.SANSWE...Read More

Argonaut hits more high grade at Magino

March 03, 2020 / www.northernminer.com

Argonaut Gold (TSX: AR) continues to intersect high-grade mineralization below and adjacent to the reserve pit limits at its 22-sq.-km Magino project, 40 km northeast of Wawa, Ontario.The most recent drill highlights include 11 metres of 11.68 grams gold per tonne, 6 metres of 10.79 grams gold and 2 metres of 17.26 grams gold. As reported in December, the ongoing drilling continues to intercept tw...Read More

Marathon confirms new zone at Valentine

March 03, 2020 / www.northernminer.com

Drilling between the Marathon and Leprechaun deposits at Marathon Gold's (TSX: MOZ) Valentine Lake project in Newfoundland has confirmed a new area of mineralization: the Berry zone.Drill highlights include 55 metres of 2.24 grams gold per tonne, 8 metres of 3.92 grams gold, and 8 metres of 3.02 grams gold.The eight holes in the latest release tested a 200-metre long section of the 6-km long Spri...Read More

Friedland's telescopic view of copper

March 03, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesIn a typical tour de force performance at PDAC in Toronto, Friedland trotted out a vast array of miscellaneous numbers, facts, and quirky asides promoting the outlook for copper and all the otherRead More

PDAC: Investment bankers discuss coronavirus impact

March 03, 2020 / www.northernminer.com

In a capital markets session at the Prospectors and Developers Association of Canada, investment bankers from BMO Capital Markets, TD Securities, CIBC Capital Markets and RBC Capital Markets discussed the impact the outbreak of the coronavirus, or Covid-19, is having on markets and banking. Anthony Vaccaro, group publisher of The Northern Miner, moderated the session, with Michael Faralla, manag...Read More

The Northern Miner Podcast - episode 176 - PDAC Special: Forging a consensus on the economy and climate change, ft PM Justin Trudeau

March 03, 2020 / www.northernminer.com

This episode features a speech by Canadian Prime Minister Justin Trudeau on his vision for the mining industry in the context of climate change at the Prospectors and Developers Association of Canada conference in Toronto on March 2, 2020. Trudeau draws comparisons between today's climate debate and the NAFTA debate from the late-1980s; responds to Teck's decision to cancel its Frontier oil sands...Read More

PDAC: Coronavirus weighs on mining outlook

March 03, 2020 / www.northernminer.com

It's usually difficult to find a seat at the commodities session on the opening day of the Prospectors and Developers Association of Canada (PDAC) convention held in early March in Toronto, but there was a noticeably smaller crowd at this year's Sunday afternoon talks.At the start of his talk on the outlook for metals and mining in 2020, Paul Robinson, a director at CRU Group, noted the unusually...Read More

SQM reports lower profits on weak lithium price

March 03, 2020 / www.northernminer.com

Sociedad Quimica y Minera or SQM (NYSE: SQM), the world's second-largest lithium producer, continues to suffer from sustained weak prices for the metal used in batteries that power electric vehicles and high-tech electronics, with profit falling almost 38% in the last quarter of 2019.The Santiago-based company posted fourth-quarter net income of US$66.9 million, compared to US$108.6 million in the...Read More

PDAC: 'M&A is back,' says Barrick's Catherine Raw

March 02, 2020 / www.northernminer.com

Last year was the busiest year for mergers and acquisitions in the precious metals sector since 2010, Catherine Raw, the executive responsible for Barrick Gold's (TSX: ABX; NYSE: GOLD) North America region, told a luncheon at the Prospectors & Developers Association in Toronto on Mar. 2.Over the last eighteen months, the market has witnessed the $5 billion merger of Randgold Resources and Barrick...Read More

Protestors at #PDAC2020 disrupt Bristow's flow

March 03, 2020 / bit.ly

Audience was unimpressed but Bristow was composed.Read full newsRead More

Pancon Executes Mining Lease with Option to Purchase the Former Brewer Gold Mine in South Carolina, USA

March 04, 2020 / dlvr.it

Toronto, Ontario--(Newsfile Corp. - March 2, 2020) - Pancontinental Resources Corporation (TSXV: PUC) (Read full newsRead More

Pancon Executes Mining Lease with Option to Purchase the Former Brewer Gold Mine in South Carolina, USA

March 03, 2020 / dlvr.it

Toronto, Ontario--(Newsfile Corp. - March 2, 2020) - Pancontinental Resources Corporation (TSXV: PUC) (Read full newsRead More

GoldMining Completes Acquisition of Almaden Gold Project in Idaho

March 03, 2020 / bit.ly

GoldMining Inc. announces the completion of its previously announced indirect acquisition of the Almaden Gold Project.Read full newsRead More

1 TSX Stock to Buy in March if You Fear a 2020 Market Crash

March 04, 2020 / www.fool.ca

With the Fed cutting the interest rate by half a point, and a potential rate cut of our own on the way, the stage is set for a season of heightening uncertainty. The cut caught some pundits by surprise, pushed gold and silver prices higher on Tuesday, and initially stimulated international markets. So, how should investors react, and should Canadians still be buying TSX stocks right now?While ther...Read More

Three Stocks I Would Avoid During This Selloff

March 04, 2020 / www.fool.ca

Apart from its terrible human cost, the coronavirus has effectively ground China’s economy to a halt, with February factory activity plummeting to all-time lows and causing havoc across global supply chains.Now, even with central banks ready to step in and cut interest rates, the economic situation will most likely get worse before it gets better. Based on where we stand, here are three stoc...Read More

Critical Resource, ERM jointo tackle ESG risks

March 04, 2020 / www.mining.com

Daniel Litvin, founder, Critical Resource and ERM Group CEO Keryn James. Image from Critical Resource. London-based Critical Resource and global sustainability consulting firm Environmental Resources Management ERM, have joined up in a deal that is a significant development in terms of the market for ESG and sustainability consulting services. In late February, ERM acquired Critical Resourc...Read More

PDAC attendance shrinks 10%, impacted by coronavirus

March 04, 2020 / www.mining.com

PDAC 2020 (Credit: PDAC) Attendance at the 88th Prospectors & Developers Association of Canada (PDAC) 2020 Convention totaled 23,144, 10,4% less than in 2019, as the conference was impacted by the coronavirus outbreak.In 2019, PDAC hosted 25,843 attendees. The annual PDAC Convention in Toronto is the world's premier industry event, bringing together investors, analysts, mining executives, geolog...Read More

Newcrest closes $60m sale of Gosowong mine in Indonesia

March 04, 2020 / www.mining.com

Gosowong gold mine, Indonesia. Image by Newcrest. Newcrest (ASX: NCM) announced Wednesday the finalized sale of 100% of Newcrest Singapore Holdings Pte (NSH) to Indotan Halmahera Bangkit (Indotan) for A$90m, (about $60m) of which A$60m has already been received and the remaining A$30m is payable in 18 months. NSH owns 75% of PT Nusa Halmahera Minerals (PT NHM), which operates the Gosowon...Read More

Volatility is Here. Profit from the Panic.

February 29, 2020 / www.outsiderclub.com

Panic. It's a word that's been making the rounds in the news cycle lately. The coronavirus is, of course, at the center of it all. But in recent weeks, the focus has shifted from the human cost of the virus to the economic cost. China's economy continues to struggle in light of the virus' spread, with no sign of relief in sight. It's only been in the past few days, however, that other countries...Read More

Barrick completes Massawa- Sabodala combination

March 04, 2020 / www.mining.com

The Massawa gold project (pictured) is 20 km away from Teranga's flagship Sabodala mine, in Senegal. (Image from archives via Randgold Resources.) Barrick Gold (NYSE:GOLD, TSX:ABX) has completed the recently announced transaction of combining its Massawa gold project in Senegal with Teranga Gold's (TSX:TGZ) Sabodala gold mine. Barrick and its Senegalese partner held a 90% interest in the Massawa...Read More

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