Harte Gold's (TSX: HRT) Sugar Zone mine is back up and running, following a temporary shutdown at the end of March due to the Covid-19 pandemic.According to the company, longhole blasting and ore haulage rates underground are improving, and development and backfill activities are meeting or exceeding expectations. With a mill restart planned for August, Harte has built up a stockpile of feed for...Read More
With silver breaking out decisively to the upside, bears are running for cover.We had noted in our July 13th News Alert, “We are paying especially close attention to the bull vs. bear tug-of-war in the silver market around $19/oz. If the bulls yank prices decisively above that level on a strong close, short covering by capitulating bears could help drive a powerful breakout rally.”That...Read More
RAPAPORT... Kering reported weak jewelry sales during the first half of 2020 as a slowdown at its Europe-focused brands outweighed stronger figures in Asia.The group's Boucheron and Pomellato brands suffered from their exposure to the Western European market during Covid-19, Kering reported Monday. However, sales at Qeelin grew for the six months as demand recovered in mainland China when the...Read More
RAPAPORT... Weak rough demand and a devaluation of assets pushed Rio Tinto's diamond division further into the red in the first half of the year, the miner reported Wednesday.The unit recorded a net loss of $40 million for the six months ending June 30, compared with a loss of $5 million a year ago. Diamond sales fell 48% to $141 million for the period."The Covid-19 pandemic has significantly...Read More
Gold prices are now getting comfortable in their new record territory north of $1,950 per ounce.The flimsy foundation of global markets built on debt and low interest rates is getting battered by the winds of COVID-19.Already weak, with corporate earnings slowing since 2018, the abrupt halt in business and the jobless devastation that came with it has forced government and central banks to provide...Read More
With silver breaking out decisively to the upside, bears are running for cover.We had noted in our July 13th News Alert, “We are paying especially close attention to the bull vs. bear tug-of-war in the silver market around $19/oz. If the bulls yank prices decisively above that level on a strong close, short covering by capitulating bears could help drive a powerful breakout rally.”That...Read More
With silver breaking out decisively to the upside, bears are running for cover.We had noted in our July 13th News Alert, “We are paying especially close attention to the bull vs. bear tug-of-war in the silver market around $19/oz. If the bulls yank prices decisively above that level on a strong close, short covering by capitulating bears could help drive a powerful breakout rally.”That...Read More
LONDON, 29 July 2020 - Fear of inflation is not the prime motivation for people investing in gold reports finance-professionals site Citywire today, quoting a survey of BullionVault users.Instead, 61% of the 1,300 respondents to BullionVault's twice-annual poll this month believe bankruptcies and defaults due to the Covid pandemic now pose the largest threat to global financial stability.Read the...Read More
LONDON, 29 July 2020 - BullionVault is named today as a way for private investors to buy physical silver by the UK's Daily Telegraph.Subscribers can read the full story here:Forget gold, silver is rising faster and will continue its run Read More
July 29, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") provides an update on its Thorn Project exploration activities. Ongoing soil geochemical surveys and rock sampling has returned gold values up to 68.8 g/t Au from the West Outlaw target area where preparation for drilling has started.Due to strong investor demand Brixton is pleased to announce it has increased its...Read More
Gold prices have been on the rise, and producers of the precious metal have seen outsized gains.Read full newsRead More
Stewart Thomson, Graceland Updates1. Gold has arrived at significant resistance in the $1900-$2000 zone. Investors need a solid plan of action to deal with the intense volatility that is currently enveloping the market.2. Please click here now. Double-click to enlarge this December futures gold chart.3. In 2011, a key futures contract traded at about $2000. That...Read More
By: Ira EpsteinGold is in a historic moment. This market has not have had a lower-low day in this breakout, not allowing people in. SIXTH-day in a row over the Bollinger band now:Read More
Stewart Thomson, Graceland Updates1. Gold has arrived at significant resistance in the $1900-$2000 zone. Investors need a solid plan of action to deal with the intense volatility that is currently enveloping the market.2. Please click here now. Double-click to enlarge this December futures gold chart.3. In 2011, a key futures contract traded at about $2000. That...Read More
By: Ira EpsteinGold is in a historic moment. This market has not have had a lower-low day in this breakout, not allowing people in. SIXTH-day in a row over the Bollinger band now:Read More
Renforth Resources Inc. is pleased to share with shareholders ourRead full newsRead More
A rising gold price may not lift all mining boats. INK featured Ontario-focused Pure Gold Mining (PGM) in today's morning report as a junior that could keep sailing even if there is an inflationary G-economy tide. Watch the free video summary: Looking to start high-grade production in Q4 INK Canadian Insider Club members have access to core INK PDF reports including today's report on PGM. If yo...Read More
Gold prices have seen a positive correlation to the expansion of the Federal Reserve's assets, and as the Fed embarks on the largest stimulus program in its ...Read full newsRead More
Our call of the day is a bullish one from Goldman Sachs, which is upping the ante for those betting on stronger gold prices sticking around.Read full newsRead More
Our call of the day is a bullish one from Goldman Sachs, which is upping the ante for those betting on stronger gold prices sticking around.Read full newsRead More