European prices for vanadium pentoxide (V2O5) and ferro-vanadium continued to fall in the week ended Friday June 26 under pressure from weak end-user demand, with V2O5 prices dropping by 7%.Fastmarkets assessed the price of vanadium pentoxide, 98% V2O5 min, in-whs Rotterdam, at $5.10-5.50 per lb on Friday, down from $5.15-6.25 per lb in the previous week. The market was now at its lowest for three...Read More
SourceAt the time of writing, Gold is up for the second week in a row, trading around the $1,745 level, which has acted as an important resistance level since mid-April. Rebounding Covid-19 infection rates and recent mitigated macroeconomic figures have sent the markets into risk-averse mode, which have sent Gold's price higher. Most investors are now wondering if Gold will have enough bullish mo...Read More
Markets are gyrating again. Volatility is on the rise. Many analysts worry that another bear market is just around the corner. If you want to sleep easy at night, take a close look at gold stocks.Metals companies are proven safe havens during times of trouble. Let’s look at the facts.In 1970, gold was priced at US$230 per ounce. Today, an ounce trades for US$1,730. That’s a seven times...Read More
The COVID-19 pandemic has introduced market volatility like no other time in history. Some industries, like airlines, have been completely decimated. Many airlines are now flying with a 10% capacity, as passengers continue to avoid traveling. Restaurants and entertainment businesses also saw their revenue streams evaporate. Interestingly enough, there is one stock that is up over 18% year to date,...Read More
A lot has been going on in the last few months that has affected investors and their TSX stocks. And as much as the current environment is a combination of several factors, the biggest change has come from the coronavirus pandemic.The coronavirus has changed almost every way that we live our lives, and the same is true with investing. Companies that were thought of as high quality are seeing huge...Read More
A surge in demand for copper and other base metals could arrive early next year. That has contrarian investors wondering which mining stocks might be attractive picks.Copper boomCopper prices took a hit when governments around the world put their economies in lockdown to slow the spread of the coronavirus.The metal has recovered ground and is now trading close to a five-month high. Pundits suggest...Read More
Looking northeast at drill rigs at Arizona Metals' Kay mine project, Yavapai County, Arizona. Photo Credit: Arizona Metals. Drilling has intersected massive sulphide mineralisation at the South zone of Arizona Metals' (TSXV: AMC) Kay mine property, about 69 km north of Phoenix and adjacent to Black Canyon City in central Arizona's Yavapai County.Highlights from the drill program included drill h...Read More
Credit: bebouchard via Flickr. Gold prices surged again on Tuesday to the highest in more than seven years as the World Health Organization cautioned that the worst of the coronavirus pandemic is yet to come.Spot gold was up 0.5% to $1,780.64 per ounce by 2 p.m. EDT, after reaching $1,785.85 an ounce earlier in the session - its highest since October 2012.US gold futures also surpassed the $1,800...Read More
The International mine in Russia. Image from Alrosa. Alrosa (MCX: ALRS) announced on Tuesday that operations have restarted at its International underground diamond mine near Minry, Russia.The world's top diamond producer by output suspended works at the mine last week, after several employees tested positive for covid-19.The mine's operations have resumed in a two-shift mode so mine staff don't...Read More
Helicopter supported exploration at James Bay region (Credit: Azimut) Azimut Exploration (TSXV: AZM) announced the expansion of the drilling program on its wholly owned Elmer property in the Eeyou Istchee James Bay region of Quebec.A total of 6,399 metres (32 holes) have been drilled since late May. The company said it has decided to expand the program to 10,000 metres, to further assess the main...Read More
Sabina's Goose camp, Back River, Nunavut. Credit: Sabina Gold & Silver Corp. Sabina Gold & Silver (TSX: SBB) announced Tuesday that the company has received final authorization for its first mine at the Back River gold project in Nunavut.Sabina recently received final operational approval for the placement of the tailings into the project's proposed tailings storage facility. The company is now i...Read More
SourceAt the time of writing, Gold is up for the second week in a row, trading around the $1,745 level, which has acted as an important resistance level since mid-April. Rebounding Covid-19 infection rates and recent mitigated macroeconomic figures have sent the markets into risk-averse mode, which have sent Gold's price higher. Most investors are now wondering if Gold will have enough bullish mo...Read More
Bob Moriarty ArchivesJun 30, 2020Yesterday I promised I would be boring so here it is. We are in a depression. The Fed is doing the opposite of the right thing. They are destroying the currency. Their stupidity will take down the stock market as well as the bond market and leave most of the 99% broken. We will see the banks close. We will have hyperinflation. You can still protect yourself and it&...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJune 30, 2020Investors ignore cycles... at their peril.When I calmly suggested that a key virus cycle year of 2020 would see a “carpet bombing” of markets, most investors were not listening to the cyclical message of the markets.Sadly, they were wasting time watching the govern...Read More
The Zimbabwe Environmental Law Association (ZELA) yesterday reiterated its recommendations that policies must be tailored to promote intra- and inter-generational equity in the mining sector, as the country continues to push for foreign direct investment.President Emmerson Mnangagwa and mines and mining development minister Winston Chitando unveiled plans in October to grow Zimbabwe's mining indus...Read More