A CIBC report discussed the pros and cons of the transaction. In a March 12 research note, CIBC analyst Oscar Cabrera reported that Imperial Metals Corp. (III:TSX) agreed to sell 70% of its flagship Red Chris mine in British Columbia to Newcrest Mining Ltd. (NCM:ASX) for US$806.5 million. On that news, CIBC upgraded its rating to Neutral from Underperformer and more than quadrupled its target pr...Read More

A Macquarie report discussed a handful of highlights from management's presentation. MAG's Juanicipio JV ProjectIn a March 6 research note, Macquarie analyst Michael Gray reported the key points from MAG Silver Corp.'s (MAG:TSX; MAG:NYSE.MKT) technical luncheon at the PDAC Conference. MAG President and CEO George Paspalas and Chief Exploration Officer Peter Megaw made the presentation, which took...Read More

If you have been following our research over the past few months, you already know that we’ve called just about every major move in Gold over the past 14+ months.  Recently, we called for Gold to rally to  $1300 area, establish a minor peak, stall and retrace back to setup a momentum base pattern.  We predicted this move to take place back in January 2019 – nearly 30+ da...Read More

There is a sense oftriumphalism in the tag-line, “U.S.A. is now a net oil exporter”. Reminiscentof “Mission Accomplished”; first it’s not true, second; what’s hiding in thewings is sinister.In February, in thePermian,  Initial Production netLegacy-Loss (IPnL), which measures change in production capacity, was down 42%on the peak in May 201898.5% of changes...Read More

Goldis turning vigorously lower. And not only gold at that. Red, red, everywhere inprecious metals you look. The silent scream we wrote about yesterday broughtserious repercussions. In this article, we devote extraordinary attention tothe short-term picture throughout the PMs complex. Stay tuned as in the comingday(s) we’ll explain here how it affects the long-term charts and the 2012-2013&n...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 205,250126,43175,211192,029300,503472,490502,145 Change from Prior Reporting Period 2,62211,82115,48136,29730,77454,40058,076 Traders 19867845056283176 Small Speculators LongShortOpen Interest 57,54027,885530,030 4,31964358,719 non reportable positionsCha...Read More

The major gold miners are grinding higher in a solid upleg, fueling growing interest in this small contrarian sector. They've mostly finished reporting their fourth-quarter results, revealing how they are really faring fundamentally. Collectively the world's biggest gold miners continue to face serious challenges, which often stem from declining production. That makes stock picking more im...Read More

CEO Kenneth Lewis & Chris Waltzek Ph.D. - Download interview -- MP3 fileHighlightsLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!)ONEGOLD Inc. holds physical gold and silver metals at the Royal Canadian Mint through our friends at APMEX and Sprott. CEO of APMEX and founder of ONEGOLD Inc., Kenneth Lewis return...Read More

Last week I was pleased to attend the Prospectors & Developers Association of Canada (PDAC) conference in Toronto. PDAC is one of the largest mining conferences in the world. More than 25,000 people turned out this year, many of them selling equipment services, exhibiting securities and investments, making presentations and much more. As was the case at the BMO Global Metals & Mining Confe...Read More

By: IRA EPSTEINPrecious Metals Update Video: Gold market is having a problem... biased is down as trend is up:Read More

By Avi GilburtWe are often directed to think that the market reacts in the same manner as Newtonian physics. We believe that a news event which accompanies a market move was certainly the "cause" of that market move. But, how often have we seen markets react in the exact opposite manner in which the substance of the news event suggests?While science has moved away from Newtonian physics, stock m...Read More

Face it, this monster could veer wildly in either direction right now, and even an Einstein could not confidently predict which. My heart's desire is to see the S&Ps plunge into the molten pit of hell by summer. The 2313.00 target shown suggests that, at least from a technical standpoint, this is possible. Presumably, the years-overdue collapse would drive out the crooks who have rigged shares...Read More

MOSCOW – Russian State-controlled diamond producer Alrosa said on Friday its 2018 net profit rose 15% to 90.4 billion roubles, as a fall in sales volume was offset by stronger global prices.Though sales volume fell by 8% year-on-year, stronger pricing, particularly in the first half of 2018, meant sales by value increased by 6% to $4.4-billion, Alrosa said.AdvertisementThis helped to lift re...Read More

Aim-listed BlueRock Diamonds on Friday said it was finalising preparations for the move to continuous operations at its Kareevlei diamond mine, in Kimberley, South Africa.The company said that although this was later than had initially been anticipated, it would not have any material impact on the published production guidance of 35 000 t to 45 000 t for the first quarter.AdvertisementBlueRock exp...Read More

GABORONE – Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, aims to keep production at around 24-million carats this year, its managing director said on Friday.Debswana lifted diamond output by 6 percent to a four-year high of 24.1-million carats in 2018, buoyed by strong demand from the United States, China and India....Read More

PERTH (miningweekly.com) – An 83 ct diamond has been recovered from the Mothae kimberlite project, in Lesotho.ASX-listed Lucapa Diamond Company on Friday said that the diamond was the fourth stone measuring larger than 50 ct to be recovered from Mothae to date, and while the 83.9 ct diamond was not considered gem-quality, it continued to underline the large-stone nature of the resource.Adver...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsAlara, which has been active in the Middle East since last decade, said the debt funding was from Doha-headquartered SAMA Global Investment.Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe Montana Department of Environmental Quality this week released the draft environmental impact statement, which outlines the final permitting steps required.Read More

Three-month base metals prices on the London Metal Exchange were mixed this morning, Friday March 15, with copper, aluminium and nickel up by an average of 0.6%, while zinc, lead and tin were down by an average 0.6%. Three-month copper was recently quoted at $6,449 per tonne, up by 1% compared with Thursday’s close at $6,385 per tonne. Volume was significantly above average, with 19,661 lots...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points in pre-opening trade. Oracle (ORCL $53.05) is expected to open lower after releasing lower than consensus fiscal fourth quarter earnings guidance.Broadcom (AVGO $268.20) is expected to open higher after reporting higher than consensus fiscal first quarter earnings. Adobe (ADBE $267.69) is expected to open low...Read More