Gold continues to hover around US$1,550 per ounce as economic and geopolitical tensions weigh on stocks while triggering considerable jitters among investors, which sees them bolstering their exposure to safe haven assets.The yellow metal remains the preferred safe haven investment in a world wracked by considerable uncertainty, with gold being an ideal hedge against economic and geopolitica...Read More
What a time to be a passive-income gold investor. The yellow metal is smashing records already this year, with prices breaking a seven-year record. While investors can expect producers to turn in solid earnings for the first round of reports in the new decade, stockholders are already seeing improvement in their favourite miners.But what’s driving the gold rush that is already characterizing...Read More
Island Gold mine - Image courtesy of Alamos Gold The latest exploration release from Alamos Gold's Island Gold mine suggests presence of high-grade mineralization up to 200 metres outside of the current resource limits. The company reported intercepts from three gold-bearing zones below and to the east of existing mine workings.Drill highlights include:3.81 metres of 121.32 g/t gold and 2.57 metr...Read More
Mill at Lamaque underground gold mine in Quebec. (Image courtesy of Eldorado Gold) Eldorado Gold has announced the discovery of a new zone of gold mineralization, the Ormaque zone, at its Lamaque gold operations. Drill highlights include:27.3 metres of 10.2 g/t gold;12.3 metres of 26.82 g/t gold; and16.25 metres of 25.53 g/t gold.The Ormaque zone is located within a previously-undrilled gap in mi...Read More
Stock image. The World Gold Council (WGC) has introduced a web-based quantitative tool that helps investors intuitively understand the drivers of gold performance.The new platform, called Qaurum, will allow investors to assess how gold may react across different economic environments in three steps.First, select a hypothetical macroeconomic scenario provided by Oxford Economics, a leader in globa...Read More
Nickel sulphate market not too gloomy. Image: BHP Nickel West nickel mining complex in Western Australia. Much like prices for cobalt, lithium and graphite, nickel feedstock for battery manufacture ended 2019 on a weak note, as a retreat in Chinese electric vehicle sales in the second half of the year and slower than expected transition to nickel-rich battery chemistries hurt demand. Battery supp...Read More
Yellowhead Mining's loadout property in Vavenby and North Thompson River - Image courtesy of Yellowhead Mining Inc Taseko Mines has completed a new development plan and updated study for its Yellowhead copper project, 150 km northeast of Kamloops, British Columbia, adding 100 million tonnes to reserves and improving the economics.A new technical report pegs pre-production capital costs for an ope...Read More
Brazil Alumina achieved record year-to-date production of 702,000 tonnes and aluminium output was maintained, despite load-shedding at Hillside and Mozal Aluminium.Read More
"Hanlon has a strong local brand with an excellent safety record and longstanding relationships with major mining clients," he said.Read More
Share this articleTORONTO - Barrick Gold Corp. says its gold production for 2019 is expected to come in near the top end of its guidance, while copper production is forecast to be more than its earlier expectations.The gold miner says preliminary results indicate it produced 5.5 million ounces of gold last year compared with its guidance for between 5.1 million and 5.6 million ounces.Preliminar...Read More
Today is Thursday, January 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 $1,552.30. It's down -0.26% from yesterday and u...Read More
Today is Thursday, January 16, 2020, and this is your daily oil stocks roundup. Today we're looking at the valuations of Enterprise Products Partners LP (NYSE: EPD), Climarex Energy (NYSE: XEC), and Enable Midstream Partners LP (NYSE: ENBL).Enterprise Products Partners LP (NYSE: EPD)Enterprise Products Partners LP (NYSE: EPD) is a $63.53 billion company today with a one-year return of 5.66%. Let's...Read More
Forty-two consecutive quarters of economic growth...This is what we've been enjoying since Q3 2009 when the Great Recession finally petered out.Government economists have been tracking this stuff since the 1850s, and this has officially been the longest run of uninterrupted growth we've ever seen.Over the past 10 years, GDP has grown by more than 25%, employment has grown double digits, and jobles...Read More
By: Ira EpsteinGold 18-dma is the $1,540's, $20 from the current price = support. Bias is up, trend is down..Read More
- Gary Christenson, The Deviant InvestorIt was the best of times, it was the worst of times, it was the age of QE, it was the age of fiscal foolishness, it was the epoch of the Fed Put, it was the epoch of Greater Fool Theory, it was the season of golden light, and it was the season of fiat darkness.My apologies to Charles Dickens. Miles Franklin sponsored this article by Gary Christenson....Read More
Trump's impeachment progress is the key reason for gold and silver to rise. Impeachment news is the reason for gold price to rise from $1460 to $1520. Thereafter investment interest and speculative longs pushed gold past $1600. Gold prices not falling below $1530 despite some bearish news should be taken as short term positive by bulls. News on US-China trade deal (everything collected from Re...Read More
In conversation with Maurice Jackson of Proven and Probable, the CEO elaborates on what could be a "company-making" event. Maurice Jackson: Joining us for a conversation is David Cole of EMX Royalty Corp. (EMX:TSX.V; EMX:NYSE.American), the royalty generator. Pleasure to be speaking with you today to discuss a series of accretive transactions that EMX Royalty has consummated that continue to rewa...Read More
The Critical Investor sits down with Rick Rule, CEO of Sprott U.S. Holdings, for a wide-ranging discussion of his more than four-decade-long involvement in the resource sector. Several months ago I thought of something different. Wouldn't it be nice to interview the real movers and shakers in the mining industry? I decided to start with Rick Rule who is present at almost every conference I go to...Read More
Though never drill tested, the company believes the area is highly prospective for gold. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release it signed an option agreement to earn a 100% interest in Bounty Gold Corp.'s H Lake property, thereby expanding its property holdings in Ontario's Red Lake District."With this second option we have secured what we believe to be the most fa...Read More
All of the firm's aims center on rapidly advancing its deposit in Canada. Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTC; 35D:FSEQB) reported in a news release its 2020 goals for its Wicheeda rare earth elements (REEs) project near Prince George, Canada."We expect 2020 to be a watershed year of significant rerating for Defense Metals and an elevated presence amongst our peers," President and CEO Cra...Read More