The US is host to a number of enviable mining jurisdictions, both in terms of geological endowment and investment attractiveness. Nevada is perhaps most well-known, with Alaska a close runner-up. Idaho is also emerging as a desirable destination for developers. We present eight companies exploring, developing and operating within the US.Americas Gold and SilverSampling at Galena Complex, Idaho. Im...Read More
Cerro Moro gold-silver mine in Argentina. (Image courtesy of Yamana Gold) Precious metals miner Yamana Gold's (TSX:YRI; NYSE:AUY) stock reached a three-year high of $4.31 a share on Friday following the release of its fourth quarter and full year 2019 results.Annual gold production was 900,339 ounces, while silver production reached 10.6 million ounces, both exceeding the company's 2019 guidance....Read More
Stock image. Career prospects in the mining industry are looking bright, and competition for skilled workers is fierce. According to Mining Industry Human Resources Council (MiHR) research, the industry will need to hire about 79,000 workers by 2029 in Canada alone. This imminent hiring spree due both to a wave of industry retirements and employment growth. Occupational categories most affected w...Read More
Montepuez is an open-pit mine, considered the world's most lucrative ruby operation.(Image courtesy of Gemfields Group.)Precious gemstones miner Gemfields has returned to trading on the AIM, the London Stock Exchange's market for juniors, after delisting in 2017 following its acquisition by Pallinghurst Resources.The company, which mines emeralds and rubies in Zambia andMozambique, is trading un...Read More
CN chief executive Jean-Jacques Ruest said late Thursday more than 400 trains were cancelled during the past week, calling it an "unprecedented ordeal".Read More
With just over six years' production in Kenya behind it, Base is hardly an African veteran.Read More
Very few people would disagree that the future of personal transportation is the electric vehicle.And in all likelihood they're absolutely right. Every major automaker is moving in that direction.But there's a bit of a catch...The transition from gasoline and diesel to electric vehicles is going to take much longer than Tesla or any of the Elon Musk fanboys are leading you on to believe.If you bel...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 356,53548,56159,263181,629519,420597,427627,244 Change from Prior Reporting Period 626-7,542-1,9494,84310,9473,5201,456 Traders 23268745453311174 Small Speculators LongShortOpen Interest 60,59730,780658,024 -681,9963,452 non reportable positionsChange fro...Read More
Rob Kirby What has happened to our capital markets? The reactions to the onset of a global pandemic in our capital markets are, for the most part, fundamentally counter- intuitive and, in my opinion, will not continue. Incapacitating the second largest and fastest growing economy in the world is no reason to "buy stocks" into record territory or conduct fire sales of precious metals. If yo...Read More
By: Ira EpsteinDaily gold chart now back in control of the gold market after a new higher-high. Resistance around $1,592 Bollinger upper band.Read More
Largo Resources' Q4/19 results and 2020 guidance are reviewed in a CIBC research report. In a Feb. 6 research note, CIBC analyst Bryce Adams purported that Largo Resources Ltd.'s (LGO:TSX) record Q4/19 production and 2020 operational guidance portend a positive outlook for the company after its contract with Glencore will expire in May, a near-term catalyst. "The [Glencore] agreement, coupled wit...Read More
The outcomes at Integra Resources' gold-silver project are detailed in an Echelon Wealth Partners report. Ryan Walker, an analyst with Echelon Wealth Partners, reported in a Feb. 6 research note that recent drill results from Integra Resources Corp.'s (ITR:TSX.V; IRRZF:OTCQB) DeLamar project in Idaho expanded one zone and delineated a new anomaly. "We contend that the latest results tend to suppo...Read More
Contact Gold is now planning a drill program for this year. In a news release, Contact Gold Corp. (C:TSX.V) announced the final pending results, for two holes, from its 2019 drill program at its Green Springs gold project in Nevada.Hole GS19-09, drilled in the Echo zone, extended oxide gold mineralization 25 meters (25m) to the south of the previously reported intercept. Highlights were 3.53 gram...Read More
Great Bear Resources interprets the gold mineralization along 4 kilometers of the fault's strike length as continuous. In a news release, Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTCQX) announced recent exploration developments at its Dixie Project in Ontario's Red Lake district. The $21 million exploration program is fully funded.For one, the Canadian explorer completed a 4.2 kilometer (4.2 k...Read More
2010s have certainly been a roller coaster ride for gold. Will the 2020s then be better than the prior years for the yellow metal? Today’s article provides the macroeconomic outlook for the full decade – learn whether the fundamental factors will become in the 2020s less or more friendly toward gold.People often ask about my economic forecasts for the current year, whether the recessio...Read More
Our Adaptive Dynamic Learning predictive modeling system is suggesting Gold will rally above $1650 within the next 2 to 4 weeks, then settle into a narrow price range above $1600. If you’ve followed our analysis of Gold over the past few months and years, you already know we expect Gold to rally above $1750 this year and to continue to move higher attempting to breach the $2100 level.&...Read More
Coronavirus, Powell and GoldThe number of cases and deaths by the new coronavirushave escalated quickly. However, the fears subsided and the stock marketrebounded. How did gold perform, and what can we expect from the king of metalsnext?Should We StopWorrying about the Coronavirus?Well, that was a quick escalation. On February 2, whenwe wrote the first Fundamental Gold Report about the coronavirus...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 356,53548,56159,263181,629519,420597,427627,244 Change from Prior Reporting Period 626-7,542-1,9494,84310,9473,5201,456 Traders 23268745453311174 Small Speculators LongShortOpen Interest 60,59730,780658,024 -681,9963,452 non reportable positionsChange fro...Read More
The gold miners' stocks are still stalled, mostly grinding sideways despite higher prevailing gold prices. This lack of progress is really frustrating traders, slowly shifting herd psychology towards apathy. That's the mission of high consolidations, gradually rebalancing sentiment by bleeding off greed. This healthy process has already come a long way, but still needs to fully play out...Read More
By: Ira EpsteinDaily gold chart now back in control of the gold market after a new higher-high. Resistance around $1,592 Bollinger upper band.Read More