Osisko Metals (TSX: OM) has released assay results for four holes completed at the Central zone, around the O53 deposit, within its past-producing Pine Point zinc and lead project in the Northwest Territories.The drill holes, which returned high-grade intercepts from areas outside of the pit-constrained resource model, were designed to determine the vertical extent of the mineralization in the cor...Read More
The U.S. government is taking a US$25 million equity stake in Dublin-based battery metals miner TechMet, as part of a push by President Donald Trump to reduce the country's reliance on supply chains dominated by China.The backing from the US$60 billion U.S. International Development Finance Corporation (DFC) will help TechMet develop a nickel and cobalt mine in Brazil. Both metals are key in the p...Read More
The Dow Jones Industrial Average rose 1.87% to finish the week at 27,682.81 and the S&P 500 Index climbed 1.52% to 3,348.44. Spot gold increased US$37.60 per oz., or 2.02%, to US$1,898.80 per ounce.Shares of Cleveland-Cliffs rose US$1.15 to US$7.03 per share. Cleveland-Cliffs is buying "substantially all" of Luxembourg-based ArcelorMittal's operations in the United States in a US$1.4 billion...Read More
American Pacific permitted to realise $2bn in valueSPONSOREDamerican pacific borate and lithiumPantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesThe consumer is seen to be so far removed from the business of discovery, development and extraction of commod...Read More
The S&P/TSX Composite Index rose 0.83% to 16,199.25 during the Sept. 28-Oct. 2 trading week. The S&P/TSX Global Mining Index increased 0.14% to 96.25, and the S&P/TSX Global Base Metals Index climbed 0.78% to 103.67. Spot gold jumped US$37.60 per oz., or 2.02%, to US$1,898.80 per oz., and the S&P/TSX Global Gold Index rose 0.78% to 361.57. Agnico Eagle Mines rose $1.36 to $105.99 per share. The...Read More
The S&P/TSX Venture Composite Index climbed 1.92% to finish the Sept. 28-Oct. 2 trading week at 708.60. Spot gold rose US$37.60 per oz., or 2.02%, to US$1,898.80 per ounce.New Found Gold jumped 72 ? to $2.68 on results from its first drill hole targeting the Lotto zone at its wholly owned Queensway gold project, 15 km west of Gander, Newfoundland. The company recently started a 100,000 metre drill...Read More
Oct 06, 2020 Guest(s): JR Rahn Founder, Co-CEO, MindMed The recession and lockdowns around the world have created a huge spike in reported mental health conditions. In the U.S., as a result of unemployment and the quarantines, 40% of adults reported mental health and substance use in June. 11% seriously considered suicide, up from only 4% in 2019, according to the Centers for Disease Control and...Read More
Wow! Expect the "World of Silver" to be turned on it's head between now and the end of the year...by Bix Weir of Road to RootaWow! The day after JP Morgan is let off the hook on RICO Charges...the Top Cop at the CFTC resigns? ...or was he FIRED?! I expect the "World of Silver" to be turned on it's head between now and the end of the year. Hang on tight!Read More
Oct 07, 2020 Guest(s): Frank Holmes CEO, U.S. Global Investors Gold has traded sideways for the last few weeks, but the price action is forming a bottom, said Frank Holmes, CEO of U.S. Global Investors.Despite market volatility ahead of the November presidential election, Holmes maintains his $4,000 price target."The bottom that you're seeing in gold is like a perfect Miami beach bottom. Gold wi...Read More
Technical analyst Clive Maund charts recent movements in the gold market and what they may indicate going forward.In the last Gold Market update we had thought that it might break out upside from the Triangle that was forming, mainly because of its positive Accumulation line coupled with favorable seasonal factors, but instead, after moving sideways for a while, it broke down, as we can see on its...Read More
Gold is trading really close to its 2011all-time high. This is obviously a critical level for the future of goldprices.Historically gold in US dollars often clearssignificant all-time highs only some time after significant currencies like theEuro and British pound.This is mainly due to US dollar behaviourduring times of significant risk aversion, like we’ve had this year and 2008,for example...Read More
The era of price discovery, the business cycle, whatever you want to call markets deciding the real value of something, is over. The Fed killed it.I told you last month that September has a bit of a thing for setting October up to deliver market panics and to expect heightened volatility.On September 21, 2020, the major U.S. indices started the correction I told you would happen. After a 900-point...Read More
Technical analyst Clive Maund charts recent movements in the gold market and what they may indicate going forward.In the last Gold Market update we had thought that it might break out upside from the Triangle that was forming, mainly because of its positive Accumulation line coupled with favorable seasonal factors, but instead, after moving sideways for a while, it broke down, as we can see on its...Read More
Gold is trading really close to its 2011all-time high. This is obviously a critical level for the future of goldprices.Historically gold in US dollars often clearssignificant all-time highs only some time after significant currencies like theEuro and British pound.This is mainly due to US dollar behaviourduring times of significant risk aversion, like we’ve had this year and 2008,for example...Read More
Cantor Fitzgerald Analyst, Mike Kozak speaks with Metalla Royalty & Streaming's Brett Heath in a virtual fireside chat at the ...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index shot up 46.62 points or 4.6% to close the week at 1071.14 points.Momentum indicators remain volatile. MACD rocketed back up to 5.15 and triggered a new buy signal. RSI rebounded 15.5 points to 58.69.Support is now at 1047.58 (lower Bollinger band) and 1051.34 (50-day...Read More
Besides batteries, electric vehicles and lithium stocks have at least one other thing in common. Read our take on what the upcoming election could mean for them in this week's Insights.Read More
Centamin Plc on Friday forecast a fall in annual production as the gold miner delayed some open-pit mining operations at its key Sukari mine in Egypt for safety reasons.Read full newsRead More
NEW YORK, Oct. 1, 2020 /PRNewswire/ -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agend...Read full newsRead More
With the relentless stream of bad news bombarding us these days, we need to take comfort where we can, so it was nice to see evidence that some level of justice can prevail.After a lengthy investigation, the Commodity Futures Trading Commission in the U.S. has fined JPMorgan Chase & Company and its subsidiaries, JPMorgan Chase Bank and J.P. Morgan Securities LLC, US$920 million for market manipula...Read More