Here are five Fastmarkets stories you might have missed on Friday August 14 that are worth another look.Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of...Read More
Here are five Fastmarkets stories you might have missed on Friday August 14 that are worth another look.Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of...Read More
Here are five Fastmarkets stories you might have missed on Friday August 14 that are worth another look.Belarus Steel Works (BMZ) was operating at full capacity and all stages of production were progressing normally, the company said on Tuesday August 11, after the start of...Read More
The outstanding success of gold stocks during the pandemic continues this week, as Barrick Gold (TSX:ABX)(NYSE:GOLD) soars +10%. The rocketing share price can be attributed to investment guru Warren Buffett and his famous holding company Berkshire Hathaway. But is Barrick stock a good buy for the general investor? And what might this latest development signal for low-risk portfolio holders? L...Read More
News on Friday was that legendary investor Warren Buffett’s Berkshire Hathaway’s investment portfolio has, for the first time, opened a new position in a gold stock. The news has raised media speculation that the Oracle of Omaha might have changed his value investment philosophy. The man historically discouraged investing in the precious metal. Has Mr. Buffett changed his stance on gol...Read More
The legendary investor Warren Buffett once again surprised the global investing community with his trades recently. Buffett-led Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRKB) was pretty active during the second quarter of 2020, which saw one of the best recoveries after an epic crash in March.Warren Buffett in Q2Institutional investors disclose their stock holdings through 13F filings after 45 days of...Read More
Warren Buffett has never been the biggest fan of gold. Having stressed its “lack of utility” in many public statements, he has mostly avoided investing in it. Buffett generally prefers investing in more productive assets and considers gold to be a “bet on fear.”Recently, however, the Oracle of Omaha seems to have changed course. In the second quarter, he made a major bet on...Read More
A lot of people were surprised that Warren Buffett’s Berkshire Hathaway bought shares of gold miner Barrick Gold (TSX:ABX)(NYSE:GOLD) in the second quarter.Generally, Buffett isn’t a believer in gold as an investment, because the asset doesn’t produce anything. He notes that people buy gold hoping that someone will pay more for it later.In 2011, there was a bubble in gold. It was...Read More
The project is now ready for development, pending finance. Earlier this month, Orion was granted the water use licence.Read More
Chrysos' Photon Assay is a quantitative chemistry-free replacement for fire assay on site and in the laboratory.Read More
Western Magnesium, and from Paul Sauve, the Company's Vice President of Operations that the Company's focus is bringing magnesium production back into the United States, targeting industries, such as the auto, aerospace, airline, electric car batteries, US government and the DOD. We learned from Mr. Ataya and Mr. Sauve that their proprietary technology is scalable, and price competitive with the w...Read More
According to an SEC filing released late on Friday, Berkshire Hathaway bought a sizable position in Canadian miner Barrick Gold (NYSE: GOLD) in the second quarter while simultaneously selling shares of U.S. banks.The filing shows Berkshire purchased 20.9 million share of GOLD, worth over $560 million. Shares of GOLD jumped over 8% in after-market trading following the announcement.Meanwhile, the f...Read More
The story of how an inner city liquor store grew its business serves as an example of what sector expert Michael Ballanger calls " a compelling revelation of 'academics versus practicality.'" In watching the travesty of disinformation, misinformation and moral hazard formation ongoing in the global financial markets, I am immediately reminded of a case study from my university days of which I was...Read More
Troilus Gold's updated resource and its leverage to the gold price are discussed in a Canaccord Genuity report. In a July 29 research note, analyst Tom Gallo reported that Canaccord Genuity raised its target price on Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) after the explorer released an updated Troilus project resource and after the financial services firm applied a revised gold price of CA$2,0...Read More
This system, on X-Terra Resources' property, correlates with historical, undrilled electromagnetic anomalies, the company noted. X-Terra Resources Inc. (XTT:TSX.V; XTRRF:OTCMKTS; XTR:FSE) identified a new mineralized system at its Troilus East project in Northern Quebec and near the former Troilus open pit, it announced in a news release.During its initial prospecting of Troilus East, Quebec-base...Read More
Gold Standard Ventures will use the proceeds from common share sales it makes through the program to advance its flagship project in Nevada. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release it created an at-the-market (ATM) equity program.Under the new program, developed with the assistance of BMO Capital Markets, the gold explorer and developer plans to issue up to...Read More
Irving Resources states drilling provides "solid confirmation a significant precious metal vein system underlies the Nanko target." In a news release, Irving Resources Inc. (IRV:CSE; IRVRF:OTCMKTS) announced that the first two holes drilled in the Nanko target at the Omui mine site of its Omu gold project in Japan indicate the presence of a strong mineralizing system."We now have solid confirmati...Read More
GoldMining states the new member brings to Gold Royalty extensive experience with financings and investments in the mining space. GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) announced in a news release that Warren Gilman joined the board of directors of its subsidiary, Gold Royalty Corp. "With his 30 years of experience as a deal maker and investor in the metals and mining sector, Warren will be an i...Read More
Shares of Comstock Mining reached a new 52-week high today after the firm reported positive Q2/20 financial and operating results highlighting debt restructuring, non-mining asset sales and a new mercury remediation venture. Underground mine stock photoComstock Mining Inc. (LODE:NYSE.MKT) today announced that it filed its Form 10-Q quarterly report last week and reported selected strategic and fi...Read More
This research article may get a bit technical, so please excuse us in advance if we ramble on about Measured Moves, Fibonacci Price Amplitude Arcs, and other technical jargon. Our goal is to share with you our expectations for Gold and Silver near the end of 2020 and out into early 2021.ARCS, MEASURES & THE US DOLLAROur first observation to share with you today is the potential for the&n...Read More