The number of cases of Covid-19 in the U.S. have been rallying very quickly in last weeks, giving way only to the gold prices, which have surpassed $1,800. It’s not easy to terminate the viruses, especially that they are not quite alive. Indeed, the pandemic of the coronavirus is still not over, as the chart below shows. The global number of daily confirmed Covid-19 cases has surpassed 220,0...Read More
The next few weeks are certain to attract much attention to precious metals. Hardly anyone can argue that Gold has not experienced an incredible upside price rally over the last 12+ months. Recently, Gold closed above $1800 for the first time since 2011. Our researchers believe the next target is $1935. Keep reading to learn why we believe this is the next major price targe...Read More
Iranian security forces fired tear gas on Thursday to disperse demonstrators gathered in the southwestern city of Behbahan, witnesses told Reuters, and there was a heavy presence of forces in other cities.Videos posted on social media from inside Iran showed protesters chanting,Read full newsRead More
Dave KranzlerThe market will always from time-to-time remind us that nothing goes straight up in the stock market. The mining stocks, especially the riskiest juniors, have had huge run since mid-March. The HGNSI (Hulbert Gold Newsletter Sentiment Index) has been a remarkably reliable contrarian signal for mining stocks over the years. Sell/take profits when it moves above 60 and buy with both ha...Read More
Dave KranzlerThe market will always from time-to-time remind us that nothing goes straight up in the stock market. The mining stocks, especially the riskiest juniors, have had huge run since mid-March. The HGNSI (Hulbert Gold Newsletter Sentiment Index) has been a remarkably reliable contrarian signal for mining stocks over the years. Sell/take profits when it moves above 60 and buy with both ha...Read More
PORTOFINO RESOURCES INC. is pleased to announce it has commencedRead full newsRead More
Getchell Gold Corp. a leading Nevada focused Gold and Copper explRead full newsRead More
Granada Gold Mine is pleased to report that it has retained the sRead full newsRead More
With gold prices at or near record highs investors love gold juniors, especially those that can rapidly discover gold, grow ...Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") in response to growing client demand for retail channel connections - provided through the Company's platform solution - Venzee is now providing stakeholders with visibility to retail channel connection growth and operational pipeline velocity.Today the Company is announcing key metrics indicating Retail Channel...Read More
SAULT STE. MARIE - The Ontario government is investing $50,000 in the Lake Superior Watershed Conservancy's Canoes for Conservation project to help promote ecotourism and create several seasonal jobs. Funding through the Northern Ontario Heritage Fund Corporation (NOHFC) will be used to develop guided tours in a 14-person, 11-metre canoe, connecting visitors to cultural and historical sites along...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that it has entered into an agreement with NxGold Ltd. (TSXV: NXN) ("NxGold") to grant NxGold the option to acquire a 100% interest in IsoEnergy's Mountain Lake uranium property in Nunavut, Canada ("Option Agreement").Highlights:NxGold obtains a two-year option to acquire a 100% interest in the Mountain Lake ura...Read More
(Updates prices)By Peter HobsonLONDON, July 16 (Reuters) - Copper prices rose back towardstwo-year highs on Thursday after data showed a rise in Chinesefactory output, though the numbers also pointed to trouble aheadfor the world's biggest metals consumer. Benchmark copper on the London Metal Exchange (LME)was up 0.8% at $6,435 a tonne at 1601 GMT, near Monday's peak of$6,633.The metal used in pow...Read More
(Updates prices) By Peter Hobson LONDON, July 16 (Reuters) - Copper prices rose back towardstwo-year highs on Thursday after data showed a rise in Chinesefactory output, though the numbers also pointed to trouble aheadfor the world's biggest metals consumer. Benchmark copper on the London Metal Exchange (LME)was up 0.8% at $6,435 a tonne at 1601 GMT, near Monday's peak of$6,633.The metal used in p...Read More
In my latest Howe Street interview, I attempt to explain how the Fed and Treasury have already launched helicopter money via their special purpose vehicle (SPV) that is being used to inject US$750 billion into the credit markets. I explain how the SPV fits into Bernanke's helicopter money framework which he outlined in 2016. Is that Jerome Powell in the pilot's seat?I have tendency to talk fast...Read More
* Miner says overall Q2 output falls 18% * Says ramping up output to hit FY targets set in April * Says targets dependent on how coronavirus pans out (Adds Chile drought, coal, analyst)By Zandi ShabalalaLONDON, July 16 (Reuters) - Global miner Anglo American is ramping up metals and diamond production to hitfull-year targets it set in spring, it said on Thursday, as itreported a sharp slump in sec...Read More
Here are five Fastmarkets stories you might have missed on Wednesday July 15 that are worth another look.Polish coking coal miner Jastrzebska Sp??lka Weglowa (JSW) is looking for financial aid to support operations badly affected by the Covid-19 pandemic, the company said on Wednesday July 15.Part of the Nchanga copper mine in Zambia collapsed during the morning of July 15, as operator Konkola Cop...Read More
A persistent backwardation in tin's forward curve on the London Metal Exchange pressured the tin premium in Europe in the two weeks to Tuesday July 14; meanwhile, premiums in all other regions assessed by Fastmarkets were unchanged.LME tin price climbs, but backwardation inhibits European tradeUS tin premiums flat despite surging Covid-19 casesExcess Chinese supply outweighs arbitrage opportunitie...Read More