Recent News

Tech Talk for Thursday August 6th 2020

August 06, 2020 / www.timingthemarket.ca

Bristol-Myers (BMY) an S&P 100 stock moved above $60.68 resuming an intermediate uptrend. The stock responded to a favourable ruling on a patent for its blood thinner drug.UnitedHealth Group (UNH), a Dow Jones Industrial Average stock moved above $314.69 to an all-time high extending an intermediate uptrend. Western Digital (WDC), a NASDAQ 100 stock moved below $40.47 and $37.65 setting an int...Read More

PRIVATE BLOG - Gold & The Descent into Authoritarianism

August 06, 2020 / www.armstrongeconomics.com

PRIVATE BLOG - Gold & The Descent into AuthoritarianismPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More

Mexico Snapshot: Eight companies to watch

August 06, 2020 / www.northernminer.com

Mexico is an attractive destination for Canadian miners with its mining-friendly policies, prospective mineral belts and well-developed infrastructure and legislation. Below, we provide an overview of eight companies with exploration, development and production-stage assets in the country. Americas Gold and SilverLHD loader at Americas Gold & Silver Cosala project's San Rafael mine in Mexico. Cre...Read More

Iron ore and coking coal prices approach parity

August 06, 2020 / www.northernminer.com

Since the establishment of the spot market for iron ore in 2008 and the inclusion of coking coal prices on the Singapore Exchange in 2014, the price of 62% iron ore has never risen above coking coal, said Clyde Russell, in a column for Reuters news agency on Aug. 5.The spot price of a tonne of iron ore and coking coal, essential materials in steelmaking, delivered on a cost and freight delivered b...Read More

New global tailings guidelines aim for zero harm

August 06, 2020 / www.northernminer.com

The Global Tailings Review (GTR) has released the first-ever Global Industry Standard on Tailings Management, aimed at strengthening best practices around tailings dams in the mining sector, with the goal of zero harm to people and the environment.The standard is the result of a more than one-year process started by the United Nations Environment Programme, Principles for Responsible Investment (P...Read More

Higher metal prices from US dollar fall

August 06, 2020 / www.mining-journal.com

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyLithium no quiet place for AVZSPONSOREDavz mineralsScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources The trade weighted index measuring the US dollar against the currencies of advanced countries has fallen by more than 7% since mid M...Read More

Glencore records US$2.6B loss; scraps dividend

August 06, 2020 / www.northernminer.com

Glencore (LSE: GLEN) posted a US$2.6 billion loss after write-downs for the first half of the year and scrapped its dividend, as the coronavirus pandemic dented global demand and lowered prices and production at its mining division.Despite the virus impact, the Swiss commodities trader and miner managed to remain profitable on an operating basis. Glencore posted US$1.5 billion in adjusted earnings...Read More

Moneta extends 55 deposit at Golden Highway

August 06, 2020 / www.northernminer.com

The most recent five drill holes (and one redrilled hole) reported from Moneta Porcupine Mines' (TSX: ME; US-OTC: MPUCF) Golden Highway project, 110 km east of Timmins, extend the mineralization at the 55 deposit by up to 250 metres west and 150 metres east of the resource boundaries.Drill highlights included 9 metres of 2.2 grams gold per tonne starting at 160 metres and 9 metres of 0.9 gram gold...Read More

Mulatos mine keeps paying off for Alamos Gold

August 06, 2020 / www.northernminer.com

When Alamos Gold (TSX: AGI; NYSE: AGI) paid Placer Dome $10 million for the Mulatos project in Mexico in November 2001, gold was below US$300 per ounce.At that gold price, recalls John McCluskey, the company's president and CEO, "Mulatos didn't look very promising - nothing did at that time - but we entered into the agreement on the assumption that the gold price would rise and it did within six m...Read More

Inomin Mines acquires La Gitana and Pena Blanca in Mexico

August 06, 2020 / www.northernminer.com

Inomin Mines (TSXV: MINE) has announced an agreement to acquire Gunpoint Exploration's (TSXV: GUN) La Gitana and Pena Blanca gold-silver properties, located 100 km east of Oaxaca City, Mexico.Under the agreement, Inomin will acquire a 100% interest in the properties in exchange for 1 million common shares of the company, $25,000 in cash, and a 1.5% net smelter return royalty (NSR) payable to Gu...Read More

Could Gold Price Reach $7,000 by 2030? / Commodities / Gold & Silver 2020

August 06, 2020 / mail.marketoracle.co.uk

This bull market can be more positive than the previous one both for gold and the mining stocks.In the last edition of the Fundamental Gold Report, I analyzed various WGC’s reports on the gold market. Today, I will focus on the issues of Alchemist – the flagship publication of the London Bullion Market Associations – I was unable to discuss during the most acute phase of the pand...Read More

STUNNING SILVER: Big Price Action On The Charts!

August 06, 2020 / www.silverdoctors.com

"...could extend to the $35.00/$36.00 level before it ends."by Captain Ewave of CaptainEwaveCaptain Ewave"Stunning Silver: Big C Wave Action"Email: [email protected]Website: www.captainewave.comAug 6, 2020Silver:Update & Tactics:Our wave -iv- correction ended at the 22.46 low.We are now rallying in wave -v- of (i), which could extend to the 35.00/36.00 level before it ends.We now breaking through...Read More

Copper price fillip for Taseko's Gibraltar low-price revamp

August 06, 2020 / www.mining-journal.com

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyLithium no quiet place for AVZSPONSOREDavz mineralsScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25The company's revised production plan for 2020 was aimed at cutting spending near-term amid COVID-19 and other uncertainties while m...Read More

Estate Jewelry Proves Robust During Covid-19

August 06, 2020 / www.diamonds.net

RAPAPORT... The estate-jewelry sector has fared well during the Covid-19 crisis as customers have continued to show interest in designer goods, dealer Rick Shatz told the Jewelry Connoisseur Podcast.Higher-end clients - on whom the pandemic has taken a lower toll - have still bought signed pieces, perhaps seeing security in these purchases, Shatz said in an interview with Rapaport Editor in C...Read More

Could Gold Price Reach $7,000 by 2030? / Commodities / Gold & Silver 2020

August 06, 2020 / marketoracle.co.uk

This bull market can be more positive than the previous one both for gold and the mining stocks.In the last edition of the Fundamental Gold Report, I analyzed various WGC’s reports on the gold market. Today, I will focus on the issues of Alchemist – the flagship publication of the London Bullion Market Associations – I was unable to discuss during the most acute phase of the pand...Read More

Eclipse Gold Mining Corporation

August 05, 2020 / dlvr.it

10:44 AM EST - Eclipse Gold Mining Corporation : Reported it has completed an induced polarization (IP) survey at the Hercules Gold Project located in Lyon County, Nevada. A review of the data collected to date showed a good correlation between zones of silicification in outcrop and drilling and resistive features in the recently collectedRead full newsRead More

$NVX NV Gold Applies to Upgrade to the #OTCQB

August 05, 2020 / bit.ly

NV Gold Corporation is pleased to announce that the Company intenRead full newsRead More

Gold Discovery: 18 g/t Gold on Portofino's South of Otter Property, Red Lake Gold District, Ontario

August 05, 2020 / bit.ly

PORTOFINO RESOURCES INC. is pleased to announce it has identifiedRead full newsRead More

Renforth Finds Visible Gold Within Discovery Vein Blast Area at New Alger

August 05, 2020 / bit.ly

Renforth Resources Inc. is pleased to let shareholders know thatRead full newsRead More

Deep-South Resources Announces a Non-Brokered Private Placement

August 05, 2020 / bit.ly

Deep-South Resources Inc. announces that it will proceed with a nRead full newsRead More

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