The TSX stock market rallied from the low in March. What comes next?Specifically, the Canadian stock market marched 33% higher since the low, seemingly driven by the COVID-19 impact that was not as bad as we thought.Arguably, we will see the real repercussions of COVID-19 in the coming months.The market is also optimistic about businesses progressively reopening and effective COVID-19 vaccines tha...Read More
Eclipse Gold's Hercules gold project in Nevada. Image from Eclipse Gold. The first phase of drilling at Eclipse Gold's (CVE: EGLD) Hercules gold project in Nevada within the Walker Lane trend, 40 km southeast of Reno, has returned long intercepts of shallow gold in oxides.The drill highlights include 74.7 metres of 0.54 g/t gold and 4.78 g/t silver (0.6 g/t gold-equivalent) starting at surface...Read More
A historic headframe at Maple Gold Mines' Douay gold property in northern Quebec. Credit: Maple Gold Mines. Maple Gold has released the results of hole DO-20-281 completed within the conceptual pit shell at the Porphyry zone at the company's 355-sq.-km Douay project in Quebec. This drill hole returned 164 metres of 0.86 g/t gold starting at 107 metres and includes a number of higher-grade gold z...Read More
Image by Eastmain Resources. Eastmain Resources has optioned its Lac Lessard platinum group metals project in Quebec to a private company.Under the option agreement, Eastmain has received an initial option payment of C$85,000. In order to earn a 100% interest in the project, the vendor needs to spend at least C$100,000 on exploration and make a C$100,000 payment within 12 months of the agreement...Read More
Wenco fleet management system Credit: Wenco. Wenco International Mining Systems and Oxbotica have signed a memorandum of understanding (MOU) to develop the world's first Open Autonomy solution for mining. This industry-leading system is expected to provide flexible and efficient autonomous deployments for mining.The partnership avoids vendor lock-ins and offers customers the freedom to choose...Read More
Billionaire fortunes have been whipsawed in recent months by global trade tensions and economic uncertainty caused by the coronavirus pandemic. For one group, however - tycoons with major holdings in mining, particularly gold assets - it's been a prosperous time.Looking at the 100 richest people on the 2020 edition of Forbes' World's Billionaires List, OLBG.com compared the journey of each of the...Read More
In this video, Mining Journal talks with Grosskopf about its New York dual listing, junior mining investing, the all-important strategy and the firm's precious metals product range. Highlights include:Sprott Inc"We see ourselves as almost a royalty company-like profit earner in the sector. We pay a strong dividend and we have good margins. … The adoption curve of having gold become a mainst...Read More
Tribeca was one of a syndicate of lenders supporting the Kentucky-focused coal miner, which filed for bankruptcy protection in February to facilitate the sale of the operating Poplar Grove mine, partRead More
Fraunhofer Institute confirms 99.99% (4N) high purity alumina (Al2O3), is critical for Lithium battery safety and performance. Test work shows there is sodium contamination from low grade alumina and boehmite in lithium-ion battery applications. There is up to an 80-fold increase of sodium levels, in contrast, there is minimum sodium leaching for 4N alumina (99.99%). Sodium contamination causes se...Read More
The use of medical marijuana is legal today in 33 states across the nation. Yet despite already being legal in most states, the medical cannabis industry still has way more room to grow than most people are considering.That's because in many states with legal marijuana, overly tedious rules and regulations are drastically throttling the industry. It's being held back.For investors, this means even...Read More
Dave Kranzler, Investement Research Dynamic's Mining Stock JournalThe bullion banks - at least on the Comex - have reduced their risk exposure to gold and silver derivatives over the last several months, which means reducing their short exposure. This is likely in response to the rising risk that they will be unable to meet increasing long-side counterparty delivery demands.Chris Marcus of Arca...Read More
Craig Hemke, TF MetalsWhile not the only consideration in forecasting price, it's always important to note the current COMEX contract balance. As the FOMC meets again this week, let's look under the hood to see whether or not positions are at extremes versus recent history.As you know, this has already been a strong year for COMEX Digital Gold. Price ended 2019 right at our forecast of $1520, an...Read More
By: Ira EpsteinOil API data not bullish, not consistent draws. Gold having a good start to the week, August chart breaks to neutral pattern..Read More
Although the gold to silver ratio has tightened a bit, it remains elevated and could indicate more upside for silver, according to McAlinden Research Partners. Silver and silver miners popped in May on the back of a rebound in industrial activity around the world. Ultra-low interest rates and expectations of a weaker dollar have compounded several political pressures that begun popping up at the...Read More
Peter Epstein of Epstein Research profiles this explorer with a past-producing high-grade silver and gold mine. VanGold Mining Corp.'s (VGLD:TSX.V) flagship project, El Pinguico, hosts a high-grade past producing silver (Ag) and gold (Ag) mine (400 tonnes/day). It's located 7 km south of the city of Guanajuato, in central Mexico. The mine operated from the late 1880s until 1913, mining the El Pin...Read More
Ron Struthers of Struthers' Resource Stock Report considers the current outlook for miners in Nevada and highlights ProAm Explorations, which he believes is a bargain primed for advancement. We are entering into a new gold and gold mining bull market. I expect this will go down as the biggest gold bull market in history, with record paper currency printing. It is coming off the bottom of the wors...Read More
Gold Terra's Yellowknife City Project straddles two behemoth, historical, high-grade mines that produced 14 Moz of gold. Last fall, Gold Terra Resource Corp. (YGT:TSX.V; TRXXF:OTC; TXO:FSE) announced that veteran mining executive Gerald Panneton was joining the company as executive chairman. The geologist, who has more than 35 years of experience in gold exploration and mining development, founde...Read More
Dave Kranzler, Investement Research Dynamic's Mining Stock JournalThe bullion banks - at least on the Comex - have reduced their risk exposure to gold and silver derivatives over the last several months, which means reducing their short exposure. This is likely in response to the rising risk that they will be unable to meet increasing long-side counterparty delivery demands.Chris Marcus of Arca...Read More
Craig Hemke, TF MetalsWhile not the only consideration in forecasting price, it's always important to note the current COMEX contract balance. As the FOMC meets again this week, let's look under the hood to see whether or not positions are at extremes versus recent history.As you know, this has already been a strong year for COMEX Digital Gold. Price ended 2019 right at our forecast of $1520, an...Read More