Australian copper junior MOD Resources (LON:MOD) rejected on Monday fellow rival Sandfire Resources' (ASX:SFR) A$88 million ($63m) all-share takeover offer saying it undervalued the firm and its assets.The exploration and development company, which focuses on copper projects in the central and western Kalahari Copper Belt in Botswana, noted it was willing to engage with its suitor if it came back...Read More

Australian copper junior MOD Resources (LON:MOD) rejected on Monday fellow rival Sandfire Resources' (ASX:SFR) A$88 million ($63m) all-share takeover offer saying it undervalued the firm and its assets.The exploration and development company, which focuses on copper projects in the central and western Kalahari Copper Belt in Botswana, noted it was willing to engage with its suitor if it came back...Read More

Highland Gold Mining Ltd.'s (HGM.LN) 2018 gold production was within guidance despite lower output from its Novoshirokinskoye mine in Russia, the company said Monday as it raised its forecast for the current year. The miner said it produced 269,500 ounces of gold and gold equivalent for the year, down 1% from 2017 production levels of 272,274 ounces. Highland had forecast 2018 gold production in t...Read More

"Paramount Gold Files Application for Conditional Use Permit for Its Proposed Grassy Mountain Gold Mine in Eastern Oregon https://t.co/rvfj9PktAg"Read full newsRead More

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index was fairly flat, though it did briefly make a new three-week intraday-high early on Friday at 1096.40. For the week, it closed 2 points higher at 1091.11. MACD dropped to 6, while RSI dropped a point to 68.5. One interesting note is that the Inde...Read More

The Gold Trust ETF has a positive but overbought weekly chart and is above my semiannual pivot at $120.36.The commodities ETF has clawed out of bear market territory and now has a positive weekly chart but below its quarterly pivot at $15.60.The long dollar ETF remains above its "reversion to the mean" at $25.01 with its annual pivot at $25.47.Here are the weekly charts for the gold, commodities a...Read More

Investment guru Sam Zell is buying gold for the first time. Zell claims "Supply is shrinking." Please consider Billionaire Sam Zell Buys Gold for First Time in Bet on Tight Supply. Gold’s dimming supply prospects have caught the eye of one billionaire. “For the first time in my life, I bought gold because it is a good hedge,” Sam Zell, the founder of Equity Group...Read More

Prices for steel billet in most global regions softened in the week ended Friday January 18, because of low demand and the weak performance of the long steel markets.But reduced availability from the Commonwealth of Independent States (CIS) improved price expectations in some buying regions, such as Turkey.CISBillet prices from the CIS region remained unchanged last week, with mills trying to incr...Read More

Jordan Roy-Byrne, Founder of The Daily Gold breaks down the gold and GDX charts. Although this recent bounce is dissipating it has taken the metal up to the higher part of is trend. Unfortunately this trend is still a downtrend but the downside is limited. Jordan shares some key levels to watch.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association....Read More

Prices for steel billet in most global regions softened in the week ended Friday January 18, because of low demand and the weak performance of the long steel markets.But reduced availability from the Commonwealth of Independent States (CIS) improved price expectations in some buying regions, such as Turkey.CISBillet prices from the CIS region remained unchanged last week, with mills trying to incr...Read More

Here are five Fastmarkets MB stories you might have missed on Friday January 18 that are worth another look.Growing optimism over the outlook for a trade agreement between the United States and China has led to a stronger tone across risk markets, including those for metals. Legislation that would delay the imposition of additional Section 232 tariffs on automobiles and automotive parts...Read More

Here are five Fastmarkets MB stories you might have missed on Friday January 18 that are worth another look.Growing optimism over the outlook for a trade agreement between the United States and China has led to a stronger tone across risk markets, including those for metals. Legislation that would delay the imposition of additional Section 232 tariffs on automobiles and automotive parts...Read More

Gold investment demand reversed sharply higher in recent months, fueling a strong gold rally. The big stock-market selloff rekindled interest in prudently diversifying stock-heavy portfolios with counter-moving gold. These mounting investment-capital inflows into gold are likely to persist and intensify. Both weaker stock markets and higher gold prices will continue to drive more investment...Read More

Hello, Fools. I'm back to highlight three stocks that have recently been downgraded by Bay Street. While we should always be skeptical of analyst opinions, fresh downgrades can often call our attention to risks that we may not have been considering.For value investors, they can even be a good source of contrarian buy ideas.So, without further ado, let's get to it.Husky cutKicking things off is Hus...Read More

In times of turmoil, small-cap stocks are almost always hit harder than their larger peers.Sometimes it's for good reason. During economic volatility, smaller companies may find it harder to compete or raise much-needed capital. But often they're thrown out with the bathwater as investors cycle into better known names that they equate with quality. This provides great opportunities for prudent inv...Read More

While gold's latest rally has helped to buoy most precious metals, some have not performed as well as others. The yellow metal has gained almost 5% over the last six months, yet other precious metals - notably, platinum - have failed to keep pace. The lustrous white metal renowned for its resistance to the corrosive effects of chemicals has lost over 4% for the same period.In fact, the precious me...Read More

Gold surged sharply at the end of 2019, as growing unease over the outlook for the global economy and weaker data from China triggered a flight to safety among investors. Despite global stock markets bouncing back, there is every sign that gold will firm over coming months because of increasing economic and geopolitical uncertainty. There are also claims that the yellow metal has entered a new bul...Read More

Silver has followed its more expensive cousin gold higher in recent weeks, gaining 7% over the last month. The increasingly positive outlook for precious metals coupled with the gold-to-silver ratio requiring 84 ounces of silver to acquire a single ounce of gold has sparked claims that now is the time to bolster exposure to the white metal. Despite the claims of silver bugs, there are signs that s...Read More

Since the legal cannabis market has yet to stabilize, growth investors may wish to buy stocks in more down-to-earth industries instead for the time being. The data for the following three stocks shows that there is considerable upside to be had in a range of industries - although overvaluation means that this selection may not be suitable for investors with an eye on low multiples.Canada Goose Hol...Read More

Gold investment demand reversed sharply higher in recent months, fueling a strong gold rally. The big stock-market selloff rekindled interest in prudently diversifying stock-heavy portfolios with counter-moving gold. These mounting investment-capital inflows into gold are likely to persist and intensify. Both weaker stock markets and higher gold prices will continue to drive more investment...Read More