A BMO Capital Markets report discussed this gold company's 2019 production guidance and the potential impact of greater capacity. In a March 13 research note, analyst Andrew Mikitchook reported that BMO Capital Markets increased its target price on Wesdome Gold Mines Ltd. (WDO:TSX) to CA$6 per share from CA$4.75 on news of a potential throughput increase at its Eagle mine. The Outperform-rated st...Read More
Knox Henderson explains why he believes Terraco Gold, with two big catalysts coming and a royalty in a large Nevada gold deposit, should be trading at three times its current share price...at the very least. The beauty of running a private equity (PE) firm is the "private" component. So, in late 2015 when a subsidiary of PE firm Waterton acquires the 5.1-million-ounce Spring Valley gold deposit...Read More
In recent weeks we noted the bullish outlook for the stock market.Friday the S&P 500 as well as ACWX (global equity ETF ex US stocks) closed above resistance and made higher highs.Not surprisingly, as US and global equities have avoided a bear market (for the time being), precious metals have weakened. It's not a surprise that as Gold failed to breakout both the S&P 500 and global equities (ACWX...Read More
DaBoyz have been artfully rotating money between a handful of high-profile stocks in order to keep this distributive rally going for as long as possible. On Monday, although the broad averages seemed leaden all day, the Dow still eked out a 65-point gain while AMZN, AAPL and MSFT rose, respectively, 1.75%, 1.08% and 1.48%. This was despite the fact that shares of Boeing, the 800-pound gorilla of...Read More
By: IRA EPSTEINGold waiting for FOMC tomorrowRead More
Wish everyone a very colorful holiThe region between $1290-$1310 is a very dangerous zone for day traders. Right now gold is bullish and looks headed for $1330+. Trend (after FOMC) in gold and silver n Thursday and Friday is the key. There will be buyers on dips and short covering if gold and silver rise on the latter half of the week. Brexit is still in a limbo. China buying more farm products...Read More
Harvey says we've either had a MASSIVE short covering, or else this is happening, and a little earlier than usual. Here are the details...by Harvey Organ of Harvey Organ BlogMARCH 18/GOLD DOWN ONLY 70 CENTS//SILVER DOWN 2 CENTS AS THE BANKERS RAID FAILS//HUGE SLOWDOWN IN SMART PHONE SHIPMENTS INTO CHINA//BOEING ISSUED A SUPBOENA AS TO THEIR SAFETY CHECKS ON THE 737 MAX 8 DEVELOPMENT//GOLD: $1302....Read More
RAPAPORT... India's polished-diamond exports dropped 4% to $2.34 billionin February, as market weakness continued. A slide in the volume of shipmentsoutweighed a higher average price, according to data the Gem & JewelleryExport Promotion Council (GJEPC) released this week. Rough imports also decreased,indicating a slowdown in the manufacturing sector.India Trade Data for February 2019 $...Read More
RAPAPORT... With Tiffany & Co. refurbishing its flagship store on New York's Fifth Avenue, there is a buzz of speculation on how the retailer plans to make the shop more interactive and appealing to millennials, as it has vowed to do. What people may not know, however, is that Tiffany has already made a similar move in London, opening a new, modern store that strikes a different tone than...Read More
RAPAPORT... Swiss watch exports rose in February, as stockpiling in theUK prior to Brexit accounted for 80% of the industry's worldwide growth. Shipments rose 3.4% to CHF 1.8 billion ($1.8 billion) forthe month overall, following a two-month downturn. Supply to the UK surged 58%to CHF 126.5 million ($126.5 million), while those to China bounced back,rising 15% to CHF 151.1 million ($151.1 mil...Read More
The Debswana Diamond Company (Debswana), a 50/50 joint venture between the Government of the Republic of Botswana and De Beers Group, is launching its Cut-9 project, to extend the life of Jwaneng Mine to 2035. The mine is expected to yield an estimated 53 million carats of rough diamonds from 44 million tons of treated material. Debswana will invest approximately US$2 billion over the life of the...Read More
Alrosa, one of the world's leading diamond miners has initiated a decision-making protocol that will determine if the company's diamond mine at the famous Mir pipe is to be permanently decommissioned or fully restored. The protocol will require deep level exploration down to -1,300 meter to confirm the mine's reserves. These activities are scheduled to be completed by early 2022. Budg...Read More
For the ninth year in a row, Initiatives in Art and Culture (IAC) has created a two-day gathering of experts and visionaries working across various fields related to gold. From journalists and jewelry designers, to environmentalists and government regulators, an international gathering of those passionate about gold will discuss challenges the precious metal and its surrounding industries face tod...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAntofagasta said the total dividend was above its minimum pay-out policy of 35% of underlying earnings per share and equal to a 65% pay-out ratio, down from last year's pay-out ratio of 67%.Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe inferred Andrade copper deposit contains 10.8 million tonnes grading 0.56% copper and 2.56 grams per tonne silver, included within which there's an "openpit constrained" 1.3Mt of oxidised material at 0.43% copper.Aguia said the resource was located in a single structural panel, and that i...Read More
Waiting...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as its published.Su...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe company has spiced up its majority-owned Productora deposit - which has a resource base of about 1.5 million tonnes of copper and 1 million ounces of gold - with two recent additions that look set to deliver critical mass for a globally-significant copper development.The first is the majo...Read More
Prices up slightly in response to...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon...Read More
Aluminium The LME three-month aluminium price failed to...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus downlo...Read More
Copper prices consolidate amid weaker fundamental...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the late...Read More