By: Ira EpsteinGold market is acting very well. Some people will say that we have a shoulder-head-shoulder technical pattern:Read More
Investors who think the worst is over had better prepare for the other shoe to drop. Stocks rallied sharply last week, reflecting the egregious miscalculation not only of bulls who have yet to meet a dip they could not buy, but also of bears who evidently fear that the crazed buying binge will continue for no good reason. They should relax, since there has never been an instance where an initial...Read More
Christmas of 2019 I had advised to invest in gold and silver for Easter of 2020. Now I am asking to invest in gold and silver this Easter for Christmas of 2020. Overall gold and silver will continue to rise till Christmas. Even if the corona virus pandemic gets over and a vaccine is found (before Christmas of 2020), gold and silver will continue to rise. There is an over $40 price difference bet...Read More
The contents of the report on Fiore Gold's Nevada project are reviewed by Mackie Research Capital Corp. In an April 9 research note, Mackie Research Capital Corp. analyst Stuart McDougall reported that Fiore Gold Ltd. (F:TSX.V; FIOGF:OTCQB) released a preliminary economic assessment (PEA) showing robust economics for its Gold Rock satellite gold project in Nevada.McDougall reviewed the specifics...Read More
Orvana Minerals reported it has resumed production at its mine operations in northern Spain and provided its production report for Q2/20. In a news release, multi-asset gold-copper-silver mining company Orvana Minerals Corp. (ORV:TSX) announced that "production at its Spanish operations have restarted after a temporary suspension, in compliance with the Spanish Government's Extended Lockdown Orde...Read More
APR 14, 2020 By: Steven FeldmanCEO, Gold Bullion International ( www.bullioninternational.com)CEO, Auvere ( www.auvere.com)Retired partner, Goldman SachsCurrent Wealth Management Client, Goldman Sachs Private BankAs a former partner of Goldman Sachs (GS) and current gold industry executive, it came as no surprise when dozens of customers and colleagues reached out to me this week to get my take...Read More
April 14, 2020 1. Another "golden week" is underway, and both the miners and bullion are off to a great start!2. Please click here now. Gold bullion ETF purchases are soaring. For the SPDR fund (GLD-NYSE), total tonnage has moved above the key 1000 tonnes marker. 3. With the Corona virus, here's where the rubber meets the road: No government has accumulated any savings t...Read More
By: Ira EpsteinGold market is acting very well. Some people will say that we have a shoulder-head-shoulder technical pattern:Read More
Investors who think the worst is over had better prepare for the other shoe to drop. Stocks rallied sharply last week, reflecting the egregious miscalculation not only of bulls who have yet to meet a dip they could not buy, but also of bears who evidently fear that the crazed buying binge will continue for no good reason. They should relax, since there has never been an instance where an initial...Read More
Christmas of 2019 I had advised to invest in gold and silver for Easter of 2020. Now I am asking to invest in gold and silver this Easter for Christmas of 2020. Overall gold and silver will continue to rise till Christmas. Even if the corona virus pandemic gets over and a vaccine is found (before Christmas of 2020), gold and silver will continue to rise. There is an over $40 price difference bet...Read More
(IDEX Online) - New dates have been announced for two Hong Kong jewelry shows after they were twice postponed because of coronavirus.The Hong Kong International Jewellery and Diamond Show and its sister event, the Gem & Pearl Show, are now due to take place on 3 to 6 August, with extra Covid-19 precautions.They were originally scheduled for 2 to 8 March, were put back to 18 to 21 May because o...Read More
(IDEX Online) - Russian mining giant Alrosa to finance a drone to monitor and protect wild reindeer. Its environmental center is working with authorities in the remote tundra of Yakutia, in the east of the country, where Alrosa operates its Mir mine. The company already has special paths for reindeer to cross ground installation lines and has developed a mechanism that blocks traffic so they can s...Read More
Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click herePeru had earlier extended its initial 15-day period of emergency measures from March 26 to April 12, then last week pushed this out to April 26 as the global pandemic con...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 42 points in pre-opening trade.JP Morgan gained $1.69 to $99.88 after reporting higher than consensus first quarter Net Interest Income.Johnson & Johnson advanced $4.89 to $144.66 after reporting higher than consensus first quarter earnings. The company also raise its dividend.Wells Fargo advanced $0.47 to $31.90 a...Read More
Hochschild Mining (LSE: HOC) has become the third major mining company to suspend its dividend due to the COVID-19 pandemic.The Peru-focused gold mining company's announcement follows Glencore's (LSE: GLEN) decision on March 31 to defer its decision on whether to proceed with the proposed cash distribution of US20 ? per share (about US$2.6 billion) in 2020, and Freeport McMoRan's (NYSE: FCX) annou...Read More
With Quebec Premier Fran??ois Legault's announcement on Monday declaring mining operations in the province an essential service, mines will be allowed to start back up on April 15, with additional health and safety precautions.In response, several miners have issued press releases announcing plans to restart their operations.The Canadian Malartic open pit gold mine, jointly owned by Agnico Eagle M...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources As humans, we are all subject to proximity bias, only paying attention to, or...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources Rarely, if ever, has then been such a clear demarcation between what was and...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) has inked two earn-in agreements in as many days on projects in the Dominican Republic and Argentina.The gold major is earning a 70% stake in Precipitate Gold's (TSXV: PRG) Pueblo Grande project, adjacent to Barrick's Pueblo Viejo mine in the Dominican Republic, and is earning a 70% stake in Golden Minerals (TSX: AUMN; NYSE-AM: AUMN) El Quevar project in Argenti...Read More
This week's episode features veteran mining recruiter Erik Buckland, senior client manager at Lincoln Strategy International. Buckland describes how the mining industry has held up relatively well compared to the rest of the economy, with mining jobs still in high demand. He also explained how new protocols have been developed to enact social distancing on mine sites, and how there has been an inc...Read More