Recent News

Endeavour Silver output drops on coronavirus closures

July 09, 2020 / www.northernminer.com

Endeavour Silver (TSX: EDR; NYSE: EXK) took a significant hit to production in the three months to the end of June, as operations were halted for two months to comply with the Mexican government's efforts to halt the spread of the coronavirus.During the quarter, the Vancouver-based precious metal miner churned out 596,545 oz. silver and 5,817 gold oz., for silver equivalent production of 1.06 mill...Read More

Rising gold price and reserve depletion to drive M&A, Bank of America says

July 09, 2020 / www.northernminer.com

The total transaction value of mergers and acquisitions in the second quarter of the year reached US$2.86 billion in twelve deals, with Chinese buyers acquiring gold assets and smaller companies joining forces to become mid-tier producers, Bank of America Securities says in a new report.The investment bank notes that the 12 transactions represented the highest quarterly total since the fourth quar...Read More

Haywood lifts gold price forecasts

July 09, 2020 / www.northernminer.com

Haywood Securities has raised its gold price forecast for the second half of 2020 from US$1,650 per oz. to US$1,800 per ounce.Next year, the broker-dealer predicts gold will average US$1,700 per oz., up from its earlier forecast of US$1,600 per oz., while 2022 should see the precious metal average US$1,650 per oz., up from an earlier estimate of US$1,550 per ounce."We maintain our view that gold i...Read More

US government to assess Twin Metals mine proposal

July 09, 2020 / www.northernminer.com

Antofagasta's (LSE: ANTO) Twin Metals Minnesota has received formal notice that its planned copper-nickel-cobalt-platinum metals mine will be assessed through a federal environmental review. The U.S. government's Bureau of Land Management (BLM) notified the company at the end of June of its intention to scope and prepare an Environmental Impact Statement (EIS) for the proposed mine project in Minn...Read More

Flawed valuations send wrong signals

July 09, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Driving more value from your capital projects post COVIDSPONSOREDproudfootIronRidge shows its mettleSPONSOREDironridge resources Matador Mining has a gold project in Newfoundland which directors valued at A$194 million in a scoping study comp...Read More

GoviEx to fight for licence in Zambia

July 09, 2020 / www.mining-journal.com

Chirundu includes the Njame and Gwabe deposits, which were included in GoviEx's 2017 preliminary economic assessment for its Mutanga uranium project.GoviEx said due to the smaller scale and higher-cost nature of the Gwabe and Njame deposits, they were scheduled to be mined in the later stages and as a result, "the exclusion of these deposits from the mine plan is believed to have a low to no impac...Read More

Stocks and Bonds Are In Trouble

July 09, 2020 / www.outsiderclub.com

With the first half of 2020 officially in the books, I thought I'd look ahead and try to figure out what the second half might bring. What looks good? What doesn't?Well, regretfully, I've come to find that quite a lot looks bad. To put it bluntly, stocks are in a bubble. As of June 30, the market posted its best 100-day period in more than 80 years, going back to 1938, according to Bespoke Inve...Read More

Gold and Silver Seasonal Trend Analysis / Commodities / Gold & Silver 2020

July 09, 2020 / mail.marketoracle.co.uk

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.  Feared as the summer doldrums,...Read More

Following the Gold Stock Leaders as the Fed Prints / Commodities / Gold and Silver Stocks 2020

July 09, 2020 / mail.marketoracle.co.uk

Gold stocks have led the market for a year, and with economic deceleration and Fed policy response that leadership looks to continue [edit: today’s ‘in the bag’ bounce-back Jobs report does little to alter the economic deceleration theme]We have been on a bullish gold mining view for over a year now. Over that time there have been three interruptions, the downward-biased consolid...Read More

Gold RESET Breakout on 10 Reasons / Commodities / Gold & Silver 2020

July 09, 2020 / mail.marketoracle.co.uk

The entire global financial structure is in theprocess of faltering, breaking, and crumbling. It is better described assabotage by the Globalist cabal in league with their fascist partners. As theentire economy fractures, as all debt faces failure, as most assets break down,as countless households struggle, the King Dollar faces a certain sunset, truesafe haven will be uniformly sought. Correspond...Read More

Video: Nokia presents 'The Digital Mine of the Future' at the Canadian Mining Symposium

July 09, 2020 / www.northernminer.com

The Digital Mine of the Future in Canada - Calin Miculescu, P.Eng, Director, Sales, NokiaRead More

Video: TMX Group presents 'Facilitating ESG Disclosure' at the Canadian Mining Symposium

July 09, 2020 / www.northernminer.com

TMX Group - Facilitating ESG DisclosureRead More

Gold and Silver Seasonal Trend Analysis / Commodities / Gold & Silver 2020

July 09, 2020 / marketoracle.co.uk

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.  Feared as the summer doldrums,...Read More

Following the Gold Stock Leaders as the Fed Prints / Commodities / Gold and Silver Stocks 2020

July 09, 2020 / marketoracle.co.uk

Gold stocks have led the market for a year, and with economic deceleration and Fed policy response that leadership looks to continue [edit: today’s ‘in the bag’ bounce-back Jobs report does little to alter the economic deceleration theme]We have been on a bullish gold mining view for over a year now. Over that time there have been three interruptions, the downward-biased consolid...Read More

Gold RESET Breakout on 10 Reasons / Commodities / Gold & Silver 2020

July 09, 2020 / marketoracle.co.uk

The entire global financial structure is in theprocess of faltering, breaking, and crumbling. It is better described assabotage by the Globalist cabal in league with their fascist partners. As theentire economy fractures, as all debt faces failure, as most assets break down,as countless households struggle, the King Dollar faces a certain sunset, truesafe haven will be uniformly sought. Correspond...Read More

Gold and Silver Seasonal Trend Analysis / Commodities / Gold & Silver 2020

July 09, 2020 / www.marketoracle.co.uk

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.  Feared as the summer doldrums,...Read More

First Mining set for huge uplift in value as pre-feasibility work accelerates at Springpole

July 08, 2020 / dlvr.it

First Mining is beginning to make waves on international equity marketsRead full newsRead More

RT @LizHampton1986: End of an era? Series of U.S. setbacks bodes ill for big oil, gas pipeline projects

July 08, 2020 / reut.rs

A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good at blocking them in court.Read full newsRead More

Gold New All-Time Highs and Beyond

July 08, 2020 / news.goldseek.com

By Hubert Moolman During the 70s bull market, gold went from $35 to $195 in the first phase. That was a 458% increase. The first phase of the current bull market took gold from $252 to $1920, which made for a 661% increase. At first glance, it would appear that the current bull market outperformed the 70s one. However, it only took about five years (1970 to 1975) to get the 458% increase, co...Read More

Asian Metals Market Update: July-8-2020

July 08, 2020 / news.goldseek.com

Gold is bullish. Spot gold will rise very quickly on a break of $1810. Federal Reserve policy makers pledged more support by way of more bond buying. I never understood how printing more money leads to way out of a pandemic or a recession. Central banks are not addressing the core economic fundamentals of (a) Reduction in the cost of living like school fees and college fees. (b) Creation more in...Read More

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