Nickel briquette premiums in the United States have declined to their lowest level since Fastmarkets began tracking that form two and a half years ago, and are now less than half of their original value. The latest decline comes mostly because some producers are selling at any price in an attempt to make their third-quarter results look better before the September 30 deadline, multiple market sour...Read More
The ongoing pandemic has made it difficult for investors to spot investment opportunities in the market. Most new investors — especially with no financial background — try to follow the legendary investors, such as Warren Buffett, to build their portfolios. However, this approach has many drawbacks and potential risks. Here are some of them.Warren Buffett’s investment approachUnd...Read More
The second-largest bank in the United States, Bank of America (BoA), has a robust and reputed investment team. This month, BoA securities quantitative strategist Nigel Tupper released a report regarding the global economic recovery. Tupper picked stocks from across the world, ranging from a French automaker to an American biotech firm, that would benefit from this economic rebound. Among his...Read More
Anybody following Doug Ford’s recent announcements will know that further shutdowns in Ontario are not off the table following a spike in COVID-19 cases. With the premier stating that “every option is on the table,” Ontarians could find themselves bunkering down again this fall. As the country’s most populous province, the broader implications are not insignificant.Investor...Read More
The markets have staged an impressive recovery since the bloodbath witnessed in March. However, experts also believe the rebound is not in sync with market fundamentals, and there is more pain ahead for investors. The unemployment rates remain high, while several countries witnessed their worst GDP declines for several decades in the June quarter.If you expect the markets to crash again, you can s...Read More
The stock market rally off the 2020 market crash wiped out most of the top deals in recent months. However, a number of high-quality cheap stocks still exist that could produce massive returns in the next two years.Is Suncor stock too cheap to ignore?Suncor (TSX:SU)(NYSE:SU) stock trades near $18 per share at the time of writing. The stock started the year above $40 and hit a March closing low aro...Read More
It might be time to buy utility stocks for your retirement portfolio. No one wants the stock market to fall again. Nevertheless, many analysts are concerned about the current trajectory of the global economy.Federal reserve banks around the world are propping up the stock market through easy monetary policy. Will it be enough to sustain the market valuations of stocks until the world returns to pr...Read More
Bob Moriarty ArchivesSep 15, 2020GSP Resources (GSPR-V GSRCF-OTCBB)put out a press release on the 8th of September that was at the very least poorly worded and confusing. They announced the start of a drill program at their Alwin copper mine adjacent to Teck’s Highland Valley Mine. When I read the press release I got into contact with the company to clarify what I thought they were doing.In...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 15, 2020 Competition is supposed to be healthy, but when governments compete to see who can borrow the most money while paying their lenders little or nothing... that’s not healthy at all. Please click here now. Double-click to enlarge this daily gold chart.The next key Fed meet...Read More
Mining Journal: How did you end up working in the natural resources sector? Henry Steel: I am fortunate in that I knew what interested me early on.Read More
Share this article CORPUS CHRISTI - Uranium Energy Corp applauds the U.S. Department of Commerce or negotiating an amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation that reduces America's dependence on Russian natural uranium concentrates up to 75% from prior levels. An initialed draft agreement between the DOC and Russia's State Atomic Ene...Read More
Peter Krauth outlines the reasons he believes the price of silver will continue to rise. They say patience is a virtue.Well, if anyone is virtuous these days, it has to be silver bulls.They also say good things come to those who wait. I believe those good things will be coming...in spades.Silver reached just shy of $50 back in April 2011. A decade later, we're still just barely above half that le...Read More
Revival Gold provides an exploration update on its Beartrack-Arnett project. Revival Gold Inc. (RVG:TSX.V; RVLGF:OTCQB) announced in a news release it is 25% finished with the expanded drill program at its Beartrack-Arnett property in Idaho and has secured a third rig to assist with faster completion of the work. "Revival Gold's exploration team has made solid progress to-date with this year's dr...Read More
Golden Arrow Resources also provides the exploration status and progress at two of its gold projects, in Paraguay and Argentina. Golden Arrow RosalesGolden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) commenced its first field work program at its Rosales copper project in Chile, it announced in a news release.The company noted that the campaign at this newly staked property will includ...Read More
Aurania Resources reported it has commenced drilling operations at its Lost Cities - Cutucu Project located in southeastern Ecuador. In a news release, Toronto-based minerals explorer Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) announced that "drilling has commenced on the Tsenken N2 copper-silver target at its Lost Cities - Cutucu Project in southeastern Ecuador."Aurania Resources stated tha...Read More
$2,000. Think about this number. Theoretically, it’s just a number, one of many. But… somehow we feel that jumping above this level was a big event in the gold market. After all, gold surpassed this psychologically important point for the first time in history, reaching record high, as the chart below shows. How did gold manage to achieve it? The obvious reason is the coronavirus cris...Read More
RAPAPORT... Gemfields expects to suffer a loss of $56.7 million for the first half of the year amid the cancellation of most of its emerald and ruby auctions.The loss for the six months ending June 30 compares with a profit of $12.4 million for the same period a year ago, the miner said Monday. The company was able to hold only one auction, in February, before being forced to cancel those schedule...Read More
RAPAPORT... The World Federation of Diamond Bourses (WFDB) has voted in Yoram Dvash as its president for a three-year term, the organization said Tuesday.Dvash, who holds the same position at the Israel Diamond Exchange, had been the WFDB's acting president since Ernie Blom stepped down in April. The election took place at a WFDB working session during this week's virtual World Diamond Congre...Read More
RAPAPORT... Stornoway Diamond Corporation plans to resume operations at its Renard mine in Canada this month after half a year of inactivity, according to a minority shareholder.The miner, which was acquired by its lenders last year following heavy losses and mounting debt, closed the deposit in March as a result of the challenges imposed by the coronavirus pandemic. The resumption follows a revie...Read More
RAPAPORT... India's polished-diamond exports fell 26% year on year to $1.22 billion in August, a gentler decline than in previous months, as overseas jewelry demand improved, the country's Gem & Jewellery Export Promotion Council (GJEPC) reported."We have witnessed initial signs of recovery from markets like the US, China [and] Europe," GJEPC chairman Colin Shah said earlier this week. "E...Read More