Given the market's recent events... we assembled our top minds to discuss what's going on in the markets, what's next, and what steps investors should take to protect themselves.Read More
It seems that just when you thought things couldn’t get any crazier, this last week proved everyone wrong.As Canadians continue to be in the midst of a market meltdown, there was finally some positive movement for investors. After a drop of almost 40% in the S&P/TSX Composite, stocks are finally turning around. Whether this will last is up for debate, but as of writing the TSX has b...Read More
Treasury Metals has reported the results of three holes completed within the Main zone of the deposit at its 50-sq.-km Goliath gold project in Ontario.The drill highlights include 19.5 metres of 6.3 g/t gold, 9 metres of 4.8 g/t gold and 4.9 metres of 2.9 g/t gold.The company indicated that these results show strong continuity of the mineralization in proposed mining areas with potential to upgra...Read More
Underground loader ControlMaster guidance automation at Siou Credit: RCT RCT, a leader in providing autonomous solutions, has executed a project with African Underground Mining Services (AUMS) at the Siou underground gold mine in Burkina Faso.Earlier this year, RCT commissioned its ControlMaster guidance automation technology on two of Siou's underground loaders and supplied two associated auto...Read More
Adobe Stock Key moves in the Canadian mining sectorMary-Lynn Oke has joined the board of Anaconda Mining with Maruf Raza resigning as a director.Ryan Smith has been appointed CFO of Bearing Lithium with Ray Baterina also named corporate secretary.Brian Fowler has resigned from the board of Blind Creek Resources.Robert Cinits has been appointed president, CEO and director of Blue Th...Read More
The SAIC-Volkswagen assembly line in Shanghai. (Photo: Xinhua via Twitter) The slowdown in China's electric vehicle sector could have knock-on effects on the battery metals market in both the short and long run, commodities analysts at Argus Media in a new report. A weaker economy and lower new energy vehicle (NEV) subsidies that were introduced in 2019 led to a drop in Chinese vehicle production...Read More
Velarde??a properties in Durango state, Mexico. Credit: Golden Minerals Company Colorado-based miner Golden Minerals (TSX: AUMN) has reported positive findings in a preliminary economic assessment (PEA) and updated mineral resource estimate for the Velarde??a properties, its wholly owned silver and gold project located in Durango state, Mexico.Tetra Tech, the engineering company responsible for p...Read More
The company said yesterday Thornton had sold about 2.63 million shares, after the publication of its 2019 results, and he now held about 2.64 million shares.Using yesterday's close of C$26.88, the transaction would have been worth about $70 million (US$50 million).Barrick said Thornton sold the shares "due to personal portfolio considerations"."Mr Thornton sold Barrick shares that he purchased usi...Read More
The agency explains that the power stations are responding to resurgent electricity demand as factories start back up. It sees this as a beacon to the world.Read More
Share this articleTORONTO - Canadian mining companies with assets in Mexico moved to suspend operations in the country as the Mexican government ordered non-essential businesses to close in an effort to slow the spread of COVID-19.Agnico Eagle Mines Ltd. says its Pinos Altos, Creston Mascota and La India operations were ramping down and would be placed on care and maintenance until April 30.Explo...Read More
How do you think life will change after the pandemic?I have been asked this question a lot lately.Particularly from investors who are trying to figure out the best way to build and protect their wealth during these tough times.I've actually been giving this a lot of thought and also reached out to some of my favorite analysts to get their takes, too.The way I see it, the more options we have, the...Read More
David HaggithThe banks that are begging for bailouts still cling to their bonuses. To terrorize us into letting them keep their bonuses, the banksters are threatening to release the button on their suicide vests and blow themselves up by not taking the bailouts if they can't have their bonuses.You would think the response to that would be a no-brainer: "O.K. Go ahead." Then just walk off. Watch,...Read More
By: Ira EpsteinGold's 18-dma at $1584 area, support. Bias in gold is up. Bollinger bands: $1717 / $1450Read More
Money manager Adrian Day reviews non-resource stocks from around the world, noting that although he is cautious on global markets right now, with a few exceptions, some of the stocks on his list will be rated good buys on any dips. Loews Corp. (L:NYSE, 33.70) reported a profit in the last quarter, driven by earnings at CNA Insurance and Boardwalk Pipelines, as well as investment income at the pa...Read More
In light of COVID-19, Liberty Gold states that it is proceeding safely, requiring workers to take certain health precautions. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) commenced a fully funded, 2020 exploration program at its Black Pine oxide gold property in Idaho on March 31, it announced in a news release. During this season, the company intends to focus on drilling the gold discoveries it mad...Read More
Aben Resources advised that it has implemented company-wide safety measures to protect the health of all of its stakeholders including office staff, field crews, contractors and local communities during the coronavirus pandemic. Aben's Forrest Kerr Gold ProjectIn a news release, Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) announced that it has implemented "operational procedures across the compa...Read More
Technical analyst Clive Maund charts silver and explains why he is bearish in the short to medium term.Whichever way you cut it, silver's chart looks bearish for the short to medium term, but against this we must set its rapidly improving COT structure and the mega-bullish silver to gold ratio (by all past standards). Silver's 7-month chart is a rather grim picture. On it we see that key support f...Read More
David HaggithThe banks that are begging for bailouts still cling to their bonuses. To terrorize us into letting them keep their bonuses, the banksters are threatening to release the button on their suicide vests and blow themselves up by not taking the bailouts if they can't have their bonuses.You would think the response to that would be a no-brainer: "O.K. Go ahead." Then just walk off. Watch,...Read More
By: Ira EpsteinGold's 18-dma at $1584 area, support. Bias in gold is up. Bollinger bands: $1717 / $1450Read More