Gold, silver, and theirminers’ stocks suffer their weakest seasonals of the year in early summers. With traders’ attention normally diverted to vacationsand summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand, goldtends to drift sideways dragging silver and miners’ stocks with it. Long feared as the summer dold...Read More
Share this article VANCOUVER - SilverCrest Metals Inc. [SIL-TSXV, SVCMF-OTCQX] said Tuesday it has completed the first pour of silver and gold at the company's Las Chispas project in Sonora, Mexico.The first precious metal pour was completed on June 30, 2022, and consisted of 312 kilograms of dore with approximately 9,200 ounces of silver and 100 ounces of gold, the company said in a press releas...Read More
One of the world's leading gold-focussed royalty companies today, the roots of Franco-Nevada's successful journey lie in the purchase of its first royalty on the Goldstrike mine in 1986. But ask Pierre Lassonde, the company's co-founder who planned the purchase, and he will tell you that he "didn't really know what he was doing." In fact, soon after the purchase, his partner, Seymour Schulich,...Read More
Fox News, Released on 6/18/22Patrick Bet-David is an American entrepreneur and financial advisor. He runs the popular YouTube channel Valuetainment.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major e...Read More
Canada's Sandstorm Gold (TSX: SAND; NYSE: SAND) is growing in scale and size with the acquisitions of one royalty company and an extensive package from another for a combined total of US$1.1 billion.The company said on Monday it had agreed to buy Nomad Royalty in an all-share transaction valued at US$590 million and agreed to acquire nine royalties and one stream from BaseCore Metals for US$525 mi...Read More
Eight workers from Trevali Mining's (TSX: TV; US-OTC: TREVF) Perkoa zinc mine in Burkina Faso have been missing for five days as flooding caused by heavy rainfall in Burkina Faso on Apr. 16 disrupted operations, the company said. In an updated statement on Apr. 21, the company said that the eight workers were yet to be found and that the company had decided to suspend its production guidance for...Read More
While investors remain happy-go-lucky,fundamental data for gold and silver is now worse than in 2021. Is this thelast chance to come back to earth?As another week comes to a close, thewinds of change are blowing across the financial markets. However, while manyinvestors and analysts can see only sunny days ahead, fundamental storm cloudsshould rain on their parade over the medium term, and it&rsqu...Read More
With the energy revolution ramping up at an unprecedented pace, the search is on to find and develop the next generation of critical metals deposits feeding into the approaching wall of demand.One company making such progress is York Harbour Metals (TSXV: YORK; US-OTCPK: YORKF), which has completed more than 10,000 metres of diamond drilling at its namesake copper-zinc project in western Newfoundl...Read More
Mining giant Vale (NYSE: VALE) has signed an agreement with the government of the northern Brazilian state of Par?? to build a "green" pig iron plant in the city of Marab??, near its Caraj??s iron ore mine.The plant will use technology developed by Vale's wholly-owned subsidiary Tecnored, which reduces the carbon footprint of traditional steelmaking production processes. This marks the first use i...Read More
Kinross Gold (TSX: K; NYSE: KGC) is aiming to report an initial inferred resource for its recently acquired Great Bear (Dixie) project in Red Lake, Ont., by the end of the year. The gold miner, which paid $1.8 billion in cash and shares for Great Bear in a deal that closed in late February, plans to start a prefeasibility study on the project in 2023. With 10 drill rigs at work at Dixie, Kinros...Read More
Peak Prosperity, Released on 4/7/22Join Chris Martenson and George Gammon LIVE on Informed Consent as they discuss the economy and the unfolding death of the dollar.Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.c...Read More
The Chilean government of President Gabriel Boric is suing mines operated by giants BHP (ASX: BHP), Albemarle (NYSE: ALB) and Antofagasta (LON: ANTO) over alleged environmental damage caused in the northern Salar de Atacama salt flats, the world's driest place on earth.The State Defense Council's (CDE) legal action singles out BHP's Escondida, the world's largest copper mine, Antofagasta and Bar...Read More
The Dominican Republic has completed a review of the location for a new tailings storage facility for Barrick Gold's (TSX: ABX; NYSE: GOLD) US$1.4 billion Pueblo Viejo gold mine expansion project that will extend production at the Tier One asset beyond 2040.The world's second-largest gold producer had warned last year that production at the mine would have to end in 2030 without a new mining waste...Read More
The miner is developing the historical Homestake Mining properties in South Dakota.Dakota Gold Corp. (DC:NYSE), formerly the rather clumsily named Dakota Territory Resource Corp., was the subject of an email alert sent out before the open this morning about it and Red Cat Holdings, with the relevant parts of it reading as follows..."There's big news on 2 of our stocks. Dakota Territory Resource Co...Read More
The Critical Investor sits down with Kenorland Minerals CEO Zach Flood to discuss the company's latest exploration results from its Regnault gold project in Qu?bec.Kenorland Minerals Ltd. (KLD:TSX.V; 3WQO:FSE) keeps expanding and finding new mineralized structures at its Regnault target, part of its Frotet project in Qu?(C)bec, which is part of the 20/80 joint-venture (JV) with Sumitomo Metal Mini...Read More
Futures for Canada's commodity stock index climbed on Monday driven up by firmer gold prices, with trading volumes expected to be subdued due to a U.S. holiday. The price for spot gold rose 0.2% after two sessions of losses, closing at $1819.7as the U.S. dollar weakened.The rising expectations of monetary policy tightening in the United States were the reason for bullion's gains. 2022 start...Read More
Mining companies enjoyed a boosted performance as gold prices continued to rise this week as well. This lifted Canada's main stock index on Wednesday after data showed inflation in October rose in line with the market and central bank expectations. At 9:45 a.m. ET (1445 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 23.97 points, or 0.11%, at 21,741.13. C...Read More
Amid the COVID-19 pandemic, we saw a fall in demand for silver as supply chain disruptions crippled the industrial sector. As it accounts for roughly 60% of the global silver consumption this had a severe impact on silver demand and silver prices. Investment interest was the only supporting pillar with the metal gaining on its safe-haven demand. As businesses resumed and we started seeing signs o...Read More
After a month of trying to break through the support line of $1,800, gold continues to go sideways following the recent declines. Multiple factors are at play here, including a strengthening U.S. dollar, volatile stock prices and new variants of a mutating COVID virus, among other factors. For the time being, the biggest winners seem to be pharmaceutical stocks and cryptocurrencies, although vola...Read More
Futures for Canada's main stock index rose this week supported by gold prices that jumped to one-week high. Awaiting Bank of Canada's interest rate decision, the dollar and U.S. Treasury yields slipping were all contributing factors to stabilizing gold prices. As markets remain volatile at the end of 2021, it will be a while before gold prices are able to gain any traction. Gold ETF edged higher...Read More