WOW. What a three months it's been. Things appear to be relatively better now, but I was very worried. At its worst, four major U.S. stock market indexes were down an average of 37.5% from all-time highs set in February. I feared stocks would keep falling and that copper might trade under US$1.50/lb. for a long, long time. Luckily, that scenario did not play out. I don't know if we're out of...Read More
After trading on a positive note in the last couple of days, the S&P/TSX Composite Index turned negative again on Wednesday. Today’s pessimism could primarily be attributed to a record rise in COVID-19 cases in many U.S. states. Fears surrounding the second wave of the pandemic hurt investors’ sentiments, driving the stock market lower today — especially energy stocks.Nonethe...Read More
Not many investors are interested in small-cap venture capital stocks, especially those who prefer to invest in safe blue-chip stocks and stable companies that have stood the test of times and possess considerable assets, thus solidifying their positions. Still, even in the lowest rung, you may be able to find some small-cap stocks with great growth potential.The risk factor of investing in a smal...Read More
The junior mining industry is one that is highly volatile. However, now that gold has regained its lustre, several in the industry are marching towards record highs. In terms of performance, Wallbridge Mining’s (TSX:WM) one-year returns of 226% stands out. The company’s Fenelon project is proving to be a strong asset. The company expects that it can prove up to 3.5 million ounces...Read More
Pure Gold's Red Lake mine site. Image from Pure Gold Mining. PureGold's Red Lake mine is expected to pour first gold in the fourth quarter of this year as development progresses ahead of schedule.The company has purchased 95% of the major equipment items for the site and completed 1,285 metres of underground development, at an advance rate that is 60% ahead of the mine plan. PureGold is focusing...Read More
Shanghai freeway. Image by Silentpilot from Pixabay. Is it the pandemic we had to have? For decades, if not centuries, Mother Nature has been copping a hammering at the hands of humans. As covid-19 tightened its grip on the globe and forced some of our most polluting industries to halt, we've seen miraculous happenings. Take the reports from India about being able to see the Himalayas clearly fr...Read More
Electric car lithium battery pack and power connections. Stock Image. The demand for raw materials used to manufacture rechargeable batteries for electric vehicles (EVs) will grow rapidly as the importance of oil as a source of energy recedes, according to a new United Nations Conference on Trade and Development (UNCTAD) report.According to UNCTAD, ongoing efforts to lower greenhouse gas emission...Read More
First Cobalt currently owns the only fully permitted cobalt refinery capable of producing battery-grade material in North America. Credit: First Cobalt Corp. First Cobalt (TSXV: FCC) has taken further steps to strengthen its environmental, social and corporate governance (ESG) practices by joining the Cobalt Institute as an associate member.The Cobalt Institute is the forum for global cobalt mark...Read More
SMB is the DRC's top coltan exporter. (Image courtesy of Soci?(C)t?(C) Mini??re de Bisunzu.) A violent attack to Soci?(C)t?(C) Mini??re de Bisunzu's (SMB) coltan mine in the Democratic Republic of Congo has killed three and injured another three workers, amid an increase of attacks to mining operations in the country's mineral-rich eastern region.It remains unclear what happened at the mine, as...Read More
WOW. What a three months it's been. Things appear to be relatively better now, but I was very worried. At its worst, four major U.S. stock market indexes were down an average of 37.5% from all-time highs set in February. I feared stocks would keep falling and that copper might trade under US$1.50/lb. for a long, long time. Luckily, that scenario did not play out. I don't know if we're out of...Read More
Whether sellers of shares in iron ore miners have got it right will become clearer in the next few weeks as a silent battle is waged between investors desperate for a better yield on their funds andRead More
The South African Police Service (Pretoria) said the Provincial Organised Crime Unit had arrested the three suspects, aged between 28-38, on Sunday night.Read More
Share this articleTORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government.Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of...Read More
I knew it!I couldn't prove it, but I knew it in my gut.I knew Wall Street banks and traders were using some kind of unfair advantage folks like you and me didn't have. Some strategy or method that helped them rack up win after win, no matter what the markets are doing.While "regular" investors just hope to get lucky once in a while.So, I've spent my 20+ years as a trader, trying to reverse-engin...Read More
Stewart Thomson, Graceland Updates 1. With a new tail wind of significant ETF tonnage growth, gold bullion continues to sport the best charts of all the major asset classes.2. Please click here now. Double-click to enlarge. The $1800 area is significant resistance and gold arrived at this resistance zone as its weak price season began. 3. Rather than selling of...Read More
Dear Friend of GATA and Gold:Where has market analyst Marin Katusa been for the last 50 years?The question arises because of his commentary posted today at OilPrice.com. It's headlined "The War on Gold Has Begun":https://oilprice.com/Metals/Gold/The-War-On-Gold-Has-Begun.htmlBegun? Huh?Has Katusa never heard of the London Gold Pool of the 1960s, or the gold sales by the United States and Interna...Read More
By: Ira EpsteinGold in an up thrust. Gold at a new high close, highest level since 2012:Read More