The three C’s we’re looking at today are copper, contrarians and crash. Is there a thesis for buying and holding the red metal during a stock market crash?Let’s explore the options for copper stocks as the bear market finally returns.Copper is a bellwether for the economyEffective today, the Bank of Canada just cut the interest rate for the second time this month. It wasn’t...Read More

The newly launched Prospector platform uses technology to increase access to information and capital for the mining industry.Its software-as-a-service (SaaS) platform utilizes artificial intelligence (AI) to streamline publicly available technical information.Founded by Emily King, a geologist and entrepreneur, Prospector is the result of a development partnership between her consultancy, Glo...Read More

A historic headframe at Maple Gold Mines' Douay gold property in northern Quebec. Credit: Maple Gold Mines. An induced polarization (IP) survey completed at Maple Gold's 355-sq.-km Douay gold project in Quebec has expanded the 531 Zone target area and identified a new and undrilled target over 600 metres of strike. In addition, one of two holes drilled to deepen a hole from 2019 intercepted a h...Read More

Minsur operations (Credit: Tomra) With a rise in chrome demand driven by China's stainless steel industry, South Africa, the world's leading producer of chrome and ferrochrome, is struggling with rising costs at its operations as larger-scale mines are developed. These larger operations are less selective and produce marginal lower-grade material due to dilution of the orebody, which in turn incr...Read More

Image courtesy of CNNC Copper prices plunged on Monday after China released a set of economic data showing the deepest declines on record for industrial production and fixed asset investment.Copper trading in New York fell by more than 5% on Monday to a low of $2.335 a pound ($5,150 a tonne), the lowest since early November 2016. The copper price is also down 19% from its 2020 high, struck near t...Read More

Veladero, one of the largest gold mines in Argentina. (Image: Antonio Gritta | Wikimedia Commons) Barrick Gold announced Monday that the life of its jointly owned Veladero mine in San Juan, Argentina has been extended to at least 10 years following a comprehensive review of its strategy and business plan.In a media briefing conducted via video conferencing to comply with the Covid-19 related trav...Read More

Bob Moriarty ArchivesMar 16, 2020We have sailed off the map of the known world into totally uncharted waters. No one, including me, knows exactly where we are or where we are headed. Buthic sunt draconesis an excellent warning, here be dragons. If I was still flying and needed to give a brief to my passengers, I’d be saying, “I have some good news and some bad news. First the bad news....Read More

Data out of China for February was "worse than many pessimistic forecasts and interest rate cuts from China and the US only underscored the massive challenge the coronavirus poses for world growth," Marex Spectron's Anna Stablum said from the LME desk (Singapore).The S&P 500 closed down 11.98%, the Nasdaq lost 12.32%, and the S&P/ASX 200 closed down 9.7% yesterday.London's FTSE 100 fe...Read More

Minister Aleksandar Anti?? said the figure would be reached by spending on projects such as the ?OEukaru Peki copper and gold mine (US$500 million), together with Rio Tinto's Jadar lithium mine nearRead More

The company has been conducting a review into Downer Mining, which it said continued to perform well, since August last year.Read More

It follows fellow Toronto-headquartered Kinross Gold closing its head office last week for the same reason. Iamgold said on Saturday its employee had last been in its Toronto office on March 6 and was now in self-quarantine at home, in a stable condition.It said the person had attended two private company events and the Northern Ontario Night at the Steam Whistle Brewery but had not been to P...Read More

We learned from Mike Mutchler, President and CEO of Amarillo Gold Corp. (TSXV: AGC, OTCQB: AGCBF), that they are developing two gold properties in mining-friendly Brazil. The open pit Mara Rosa Project, in the Goias State, has a NI 43-101 compliant resource of 1.1 million ounces of open-pit reserve at 1.4 grams per ton, and is open along a 20 kilometer trend. The Lavras do Sul Project, in the stat...Read More

Today is Monday, March 16, 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 $1,516.10. It's down -0.89% from yesterday and up 16...Read More

Today is Monday, March 16, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Southwestern Energy (NYSE: SWN), Dorian LPG (NYSE: LPG), and Plains All American Pipeline LP (NYSE: PAA).Southwestern Energy (NYSE: SWN)Southwestern Energy (NYSE: SWN) is a $1.028 billion company today with a one-year return of -60.4%. Let's look at its price-to-earnings (P/E) ra...Read More

Gary SavageCrash webinarI will do a webinar Tuesday morning outlining why this market crash occurred, the tools I used to predict it ahead of time, a brief tutorial on cycles, and where I think we're going from here (we're due for a convincing bounce soon) and also what I think is in store for the metals market over the next month. The price of the webinar is $50 this will include a 1 month sub...Read More

Steve St. Angelo, SRSrocco Report The world is heading towards a global depression, but the market hasn't quite figured it out yet. Unfortunately, many analysts and economists continue to believe that the worldwide contagion will be generally short-lived, suggesting growth will return in the second half of the year. A perfect example is the overly optimistic forecasts of global oil demand by...Read More

Gold rose to high of $1574.80 and silver rose to a high of 1524.50 after the Federal Reserve slashed interest rates to near to and pledged hundreds of billions of dollars in asset purchases. Interest rate option is also now over for the Federal Reserve after this interest rate cut. There is more or less a global lockdown. There was a mad rush for cash. Traders and investors alike sold everything...Read More

The findings come from Maya Gold & Silver's 2020 exploration program, in progress. In a news release, Maya Gold & Silver Inc. (MYA:TSX.V) reported recent results from the 2020 drill program underway at its Zgounder silver project in Morocco.The Canadian company's drilling focused on the Eastern zone, which has never been explored and which corresponds to a virgin zone of about 200 x 150 meters (2...Read More

Falcon Gold reported that it received an exploration drill permit for 20 drill pad locations at its Ontario project. In a news release, mineral exploration company Falcon Gold Corp. (FG:TSX.V) announced that "it has received an exploration and drill permit to carry out activities on its gold, silver and copper prospects on its central Canada project in Atikokan, Ontario." The firm indicated that...Read More

Shares of Alamos Gold traded 15% higher after the firm reported that it has repurchased a 3% net smelter return royalty on its Island Gold mine located in northern Ontario. Intermediate gold producer Alamos Gold Inc. (AGI:TSX; AGI:NYSE) today announced that "it has entered into an agreement to acquire and cancel a 3% net smelter return royalty payable on production from the Island Gold mine for t...Read More