Flory Wavumba Ilunga Drilling rock-bolt holes into the ceiling of the new water dam being constructed at Kakula. Image from Ivanhoe. Ivanhoe Mines (TSX: IVN) reported on Wednesday that crews at Kakula mine in the Democratic Republic of Congo (DRC) began mining and stockpiling ore with an average grade greater than 8% copper, with underground development approximately 4.4 kilometres ahead of sc...Read More
Schrock Run coal operations in Berlin, Pennsylvania. Credit: Corsa Coal Corp. Sprott Resource Holdings (TSX: SRHI) no longer has a stake in US coal miner Corsa Coal (TSXV: CSO), disposing of the 16.24 million common shares that it held at C$0.22 per share for aggregate gross proceeds of C$3.57 million. These shares represent approximately 17.1% of Corsa's issued and outstanding share capital.Cors...Read More
Markku Ter??svirta, President and CEO, Outotec, Matti Alahuhta, Chairman, Board of Outotec Mikael Lilius, Chairman, Board of Metso Pekka Vauramo, and President and CEO, Metso. Image from Metso. Metso and Outotec Oyj received on Wednesday an unconditional merger control clearance from the European Commission for the combination of Metso's Minerals business with Outotec.The companies also received...Read More
Raisings by mainly bottom-end juniors in April were down in the order of 30% from the previous corresponding period 12 months ago, with Read More
Blackstone managing director Scott Williamson gave the broad estimate in response to a question after he presented at the NWR Virtual Resources Conference last week.Read More
He said yesterday the Onshoring Rare Earths Act of 2020, or ORE Act, was designed to establish a supply chain in the US, by providing tax incentives for the rare earths industry, requiring the Department of Defense to source the minerals domestically and establishing grants for pilot programs to develop the materials in the US."Our ability as a nation to manufacture defence technologies and suppor...Read More
**Today's editorial comes from Abe Cambridge, CEO and Founder, The Sun Exchange.Investing in African solar in this time of global financial volatility and decline can yield solid, steady and long term returns. With new solar investment innovations, it is now possible to own solar assets through vehicles that suit any investor, business or homeowner. -- Abe Cambridge, CEO and Founder, The Sun Excha...Read More
Today is Wednesday, May 13, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,703.40. It's up 0.35% from yesterday and up 29.9...Read More
Today is Wednesday, May 13, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of HollyFrontier Corporation (NYSE: HFC), Bonanza Creek Energy (NYSE: BCEI), and WPX Energy (NYSE: WPX).HollyFrontier Corporation (NYSE: HFC)HollyFrontier Corporation (NYSE: HFC) is a $4.651 billion company today with a one-year return of -31.2%. Let's look at its price-to-earnings...Read More
Think you have it rough right now?You're certainly not alone in that sentiment. The masses are getting restless and, quite frankly, I'm not too sure how much longer Americans can go before their cooped up frustrations hit the breaking point.We're close.But here's one little secret:Things can be much, much worse.Close your eyes for a moment and think of how your time being locked down at home would...Read More
By Gary Savagehttps://blog.smartmoneytrackerpremium.com/ Read More
By Ricky WenOvernight price action overshot to 2830 support on the Emini S&P 500 (ES), bottoming out at 2825.25, as price was oversold given the 100-point drop from the 2930s.As of the regular trading hours open, the ES was around the same spot as yesterday's closing price area of 2850, which coincides with our key 2850 level discussed below.What is the bias/gameplan going into today?For intrada...Read More
Thomas LuongoThere's been a concerted effort recently among the oligarchs I like to call The Davos Crowd to demonize cash. From hedge fund manager Ray Dalio pronouncing 'Cash is trash' earlier this year to the fear-mongering surrounding COVID-19 making people fearful of dealing in cash because it might be tainted the anti-cash rhetoric has been amped up to eleven.And it's been no secret that the...Read More
By: Ira EpsteinGold is forming a triangle pattern and from that pattern, we will see how the price will breakout. In the meantime we have an uptrend..Read More
Ely Gold Royalties reported that its common shares are now listed for trading on the OTC Markets Group's OTCQX marketplace. In a news release, Nevada focused gold royalty company Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; A2JSL0:FSE) announced that "it has qualified to trade on the OTCQX(R) Best Market and that Ely Gold shares have been upgraded to OTCQX from the OTCQB(R) Venture Market."Th...Read More
Black Tusk Resources' receives the okay to construct 18 drill pads. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) received the required permit to diamond drill at its McKenzie East gold project north of Val d'Or in Quebec, it announced in a news release.With the permit, the Vancouver, British Columbia-based explorer may construct 18 drill pads in addition to supporting water supply...Read More
By Gary Savagehttps://blog.smartmoneytrackerpremium.com/ Read More
By Ricky WenOvernight price action overshot to 2830 support on the Emini S&P 500 (ES), bottoming out at 2825.25, as price was oversold given the 100-point drop from the 2930s.As of the regular trading hours open, the ES was around the same spot as yesterday's closing price area of 2850, which coincides with our key 2850 level discussed below.What is the bias/gameplan going into today?For intrada...Read More
Thomas LuongoThere's been a concerted effort recently among the oligarchs I like to call The Davos Crowd to demonize cash. From hedge fund manager Ray Dalio pronouncing 'Cash is trash' earlier this year to the fear-mongering surrounding COVID-19 making people fearful of dealing in cash because it might be tainted the anti-cash rhetoric has been amped up to eleven.And it's been no secret that the...Read More
By: Ira EpsteinGold is forming a triangle pattern and from that pattern, we will see how the price will breakout. In the meantime we have an uptrend..Read More