Tyre-Line, a UK wheel assembly manufacturer serving the caravan and automotive industry, sees opportunity for downstream demand growth going into 2021 after facing Covid-19 related challenges earlier in 2020. The company's managing director, Edward Musson, spoke to Fastmarkets in a recent interview after signing a supply contract with Alvance Aluminium Wheels for more than 35,000 wheels per year e...Read More
Gold. It’s a must-have for any personal investment portfolio, providing a low-volatility scaffold with some passive-income and growth prospects. From the promise of multi-year capital gains to key safe-haven characteristics, gold stocks are a popular place to hide cash in choppy markets. But with risk ratcheting up in the stock markets, it’s becoming harder to find solid value for mone...Read More
The stock market crash early in 2020 caught most investors off guard. The pandemic and ensuing lockdown shook the world, and the global economies took a steep nosedive in April and March 2020. However, the stock markets have recovered to better valuations and are back to all-time highs.Several stocks have recovered to pre-pandemic valuations, and some companies are trading for higher valuations th...Read More
In an after-midnight tweet last night, President Trump announced that he and the first lady have contracted the coronavirus. And oh boy, get ready to hear about it over and over and over ad nauseam.Get ready for a landslide of questions:When exactly did President Trump learn he had coronavirus? How long did he wait to tell the public? What responsibility does the president have in reporting person...Read More
Grande Portage Resources encountered 2.71 meters of 52.34 g/t gold in a stepout hole at its Herbert asset. Grande Portage Resources Ltd. (GPG:TSX.V; GPTRF:OTCQB; GPB:FSE) announced in a news release the first results from the summer 2020 drill program at its Herbert gold project in southeast Alaska."This drill program reaffirms the emerging and ever-enlarging mesothermal vein system discovered at...Read More
GoldMining Inc. reported it has received approval for listing on the New York Stock Exchange's American exchange starting Tuesday, October 6. In a news release, GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX), which has a portfolio of resource-stage gold and gold-copper projects in Brazil, Canada, Colombia, Peru and the U.S., announced that "its common shares have been approved for listing and trading on...Read More
Bob Moriarty of 321gold takes a look at results coming out of the company's drill program at its Newfoundland project. In the last month or so I have done half a dozen interviews. In each I said that the next couple of months easily could be the most significant in US history. With the news that the President and First Lady both test positive in the PCR Corona test (which doesn't test for Covid-1...Read More
Biden asked Trump to shut up during the first presidential debate. But for us, the most important question is whether gold will finally go up.Thankfully, the first U.S Elections debate between Donald Trump and Joe Biden is behind us. Arguably, it was awful to watch and one of the worst presidential debates in history, as both candidates talked over each other and threw insults. Consequently, the d...Read More
More than a few traders are confused about what is going on with silver here after its recent reaction, but when we look at...by Clive Maund of Streetwise ReportsMore than a few traders are confused about what is going on with silver here after its recent reaction, but when we look at its long-term chart the situation quickly becomes clear. So we will start this update by looking at silver's 13-ye...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Osisko has acquired 50% of a royalty on the Mina Volare claim within Regulus' AntaKori landholding that hosts about 75% of the overall project's current indicated resource of 2.6 billion pounds of copper, 2.3 million ounces of gold and 61Moz of silver, and half the inferred 2.4 billion pounds of copper, 2.2Mozf...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 first hole into the Cacharposa target has so far hit over 500m of visual copper sulphide mineralisation, h...Read More
Base metals prices on the London Metal Exchange were for the most part weaker this morning, Friday October 2, but our focus is on the broader markets because US President Donald Trump has tested positive for Covid-19, which in itself is a major development, but is also going to have ramifications on the run-up to the presidential election on November 3.* Pre-market major western equity index futur...Read More
Crude Oil ETN (USO) moved below $26.27 extending an intermediate downtrend. Pre-opening Comments for Friday October 2ndU.S. equity index futures were lower this morning. S&P 500 futures were down 47 points in pre-opening trade. Index futures responded to news that President Trump tested positive to a COVID 19 test. WTI Crude oil dropped another $1.30 to US $37.42 per barrel. Crude oil pr...Read More
ELKO, Nev., Oct. 2, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to announce that it will hold electronic investor update webinars throughout October hosted by CEORoadshow. Mr. Edward Karr, Chief Executive Officer will update attendees and USAU shareholders on the Company and will be available for questions after an...Read More
Regulus Resources (TSXV: REG; US-OTC: RGLSF) and Osisko Gold Royalties (TSX: OR; NYSE: OR) have announced a strategic partnership that grants Osisko rights on existing royalties covering claims on Regulus' AntaKori copper-gold-silver project in Peru for an upfront cash payment of US$12.5 million."Through this investment we have a unique opportunity to gain exposure to one of the largest and hig...Read More
With silver and platinum group metal (PGM) prices on the upswing on the back of a gold price rally, there is a renewed interest by investors in mining companies. Below, we provide an overview of seven industry players, from exploration, through to development and operations, with exposure to the metals.Americas Gold and SilverMiners in hoist at Americas Gold & Silver Galena mine in Idaho. Credit:...Read More
Egypt-focused gold miner Centamin (TSX: CEE; LON: CEY) has announced that its total output targets for 2020 will be affected by safety-related delays at its flagship Sukari mine in Egypt.The company said radar systems detected a movement in Sukari's open pit Stage 4 West wall, which prompted it to immediately defer open-pit mining operations in that zone. Work in the area was scheduled to start du...Read More
Scotgold Resources (LON: SGZ) has found signs of more precious metals at its Cononish gold and silver project in Scotland's Highlands, which is expected to pour first gold by Nov. 30.The company said this week that soil samples in an area to the northeast of the project suggest the gold and silver structures may extend further than initially expected.Located in the Highlands north of Glasgow, the...Read More
Established in 1888, De Beers Group is the world's leading diamond company, with expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world's largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa. We learned fro...Read More
Biden asked Trump to shut up during the first presidential debate. But for us, the most important question is whether gold will finally go up.Thankfully, the first U.S Elections debate between Donald Trump and Joe Biden is behind us. Arguably, it was awful to watch and one of the worst presidential debates in history, as both candidates talked over each other and threw insults. Consequently, the d...Read More