Last week, I put out an article outlining my expectation for a pullback in GLD before we head to the 200+ region. Within the comments section, I outlined my plan as to how I am going to play for a potential pullback. However, that pullback has not yet materialized.For those that have followed me closely for years, you know that I have been heavily long physical metals and mining stocks since I sta...Read More
Technical analyst Clive Maund charts oil and discusses what he sees ahead for the commodity. Compared to the wild volatility that we witnessed back in the spring, trading in oil has become very light and subdued, with volatility in it dropping to a very low level, and as a result many traders are losing interest in it. It is quiet—too quiet—and complacency towards it is now rife, but a...Read More
For silver to remain in a bullish trend, it was necessary to hold a key support level. So, far... by Steve St Angelo of SRSrocco ReportWhile there is a lot of volatility in the silver price during early U.S. trading, where it closes today will likely set the trend for next month. For silver to remain in a bullish trend, it was necessary to hold a key support level during Asian trading last nig...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesA solid operational performance at Katanga kept copper production stable quarter on quarter, but production of zinc (-14%), nickel (-4%), ferrochrome (-80%), and coal (-19%) reflected what CEO IvanRead More
Chevron (CVX), a Dow Jones Industrial Average stock moved below $82.50 setting an intermediate downtrend.Exxon Mobil (XOM), a Dow Jones Industrial Average stock moved below $41.10 setting an intermediate downtrend. Gilead (GILD), a NASDAQ 100 stock moved below $71.66 setting an intermediate downtrend.American Airlines (AAL), a NASDAQ 100 stock moved below $10.98 extending an intermediate downtrend...Read More
PRIVATE BLOG - Gold & Euro Close for July 2020Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Joint-venture partners Agnico Eagle Mines (TSX, NYSE: AEM) and Yamana Gold (TSX: YRI; NYSE: AUY) will begin construction of an underground ramp at their Canadian Malartic open pit mine, 25 km west of Val-d'Or, Que., in August.The Odyssey ramp is expected to take two years to build, and will eventually allow the joint venture to collect a bulk sample of up to 40,000 tonnes, to conduct more tightly...Read More
Centerra Gold (TSX: CG) announced that the company recorded net income of US$80.7 million, or 27 ? per share, for the second quarter of 2020, more than double the US$33.4 million, or 11 ? per share, earned in the prior year.Adjusted net earnings came to US$97.8 million, or 33 ? per share, compared with US$33.4 million, or 11 ? per share, in Q2 2019.Revenues rose to US$412.7 million from US$340.5 m...Read More
Vizsla Resources (TSXV: VZLA) has closed a bought deal private placement for 16 million units of the company at a price of $1.87 per unit for gross proceeds of $30 million and includes the exercise in full of the underwriters' over-allotment option.Each unit consists of one common share in the company and one common share purchase warrant, with each warrant entitling the holder to purchase one co...Read More
Gobitz, currently president of the Institute of Mining Engineers of Peru (IIMP), joined Buenaventura in 2016 from base metal miner Milpo, taking over from Roque Benavides - son of company founder Alberto Benavides - at the helm of the company.At Buenaventura, Gobitz has had to navigate falling gold production and the implementation of an optimisation programme to de-bottleneck the company's operat...Read More
AVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsSMA is pressing charges against the BHP-operated Escondida copper mine for a reduction in the water table in the Tilopozo sector in the Antofagasta region by more than the maximum acceptable level toRead More
Last week, I put out an article outlining my expectation for a pullback in GLD before we head to the 200+ region. Within the comments section, I outlined my plan as to how I am going to play for a potential pullback. However, that pullback has not yet materialized.For those that have followed me closely for years, you know that I have been heavily long physical metals and mining stocks since I sta...Read More
Technical analyst Clive Maund charts oil and discusses what he sees ahead for the commodity. Compared to the wild volatility that we witnessed back in the spring, trading in oil has become very light and subdued, with volatility in it dropping to a very low level, and as a result many traders are losing interest in it. It is quiet—too quiet—and complacency towards it is now rife, but a...Read More
Week 29 (24/07/2020-30/07/2020) Company news Americas Iamgold announces it has restarted its Rosebel gold mine in Suriname, which had been suspended mid-June due to a work stoppage, afterRead More
For weeks, if not months, I've been making the case that stocks are in a bubble...That the Federal Reserve is juicing the market and that valuations aren't commensurate with the reality of our economy.Of course, that kind of thing is hard to prove. At least it was until this morning when I woke up and saw this:You know this guy, right?CNBC's stock gnome?He's the guy always trying to convince peop...Read More
Last week, I put out an article outlining my expectation for a pullback in GLD before we head to the 200+ region. Within the comments section, I outlined my plan as to how I am going to play for a potential pullback. However, that pullback has not yet materialized.For those that have followed me closely for years, you know that I have been heavily long physical metals and mining stocks since I sta...Read More
Technical analyst Clive Maund charts oil and discusses what he sees ahead for the commodity. Compared to the wild volatility that we witnessed back in the spring, trading in oil has become very light and subdued, with volatility in it dropping to a very low level, and as a result many traders are losing interest in it. It is quiet—too quiet—and complacency towards it is now rife, but a...Read More
Last week, I put out an article outlining my expectation for a pullback in GLD before we head to the 200+ region. Within the comments section, I outlined my plan as to how I am going to play for a potential pullback. However, that pullback has not yet materialized.For those that have followed me closely for years, you know that I have been heavily long physical metals and mining stocks since I sta...Read More
Technical analyst Clive Maund charts oil and discusses what he sees ahead for the commodity. Compared to the wild volatility that we witnessed back in the spring, trading in oil has become very light and subdued, with volatility in it dropping to a very low level, and as a result many traders are losing interest in it. It is quiet—too quiet—and complacency towards it is now rife, but a...Read More
VANCOUVER, BC, July 28, 2020 /PRNewswire/ -- First Mining Gold Corp. ('First Mining' or the 'Company') (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG), ...Read full newsRead More