Kirkland Lake Gold Ltd. (TSX:KL)(NYSE:KL) is on a tear. Since 2015, shares have risen by more than 3,000%. Agnico Eagle Mines Ltd, for comparison, is up just 150%.What has caused this incredible performance? Can you still take advantage? Fortunately, 2020 could be Kirkland’s best year yet. Even if a recession hits, this company is primed for success.All about the assetsWhen mining for any re...Read More
On January 11, 2019, I wrote that 2019 will be the best year on record for Kirkland Lake Gold Ltd (TSX:KL)(NYSE:KL) stock.“Since its current management team took over, Kirkland has consistently posted higher assets, profits, reserves, and cash flow, allowing it to initiate a growing dividend and a share-repurchase program,” I wrote. “In an industry rife with a growth-at-all-costs...Read More
The outbreak of the coronavirus in China is starting to have an impact on global markets.The disease, which is from the same family as SARS, has now made it to several countries. At the time of writing, there are more than 2,000 known cases worldwide.Most cases remain in China, where the disease was first detected in the Wuhan region, but confirmations have now occurred in at least 10 other countr...Read More
Assistant project geologist standing beside a century-old trench on the 007 vein at Rockcliff's Laguna gold property. Credit: Rockcliff Metals After completing 3,203 metres of drilling in November at Rockcliff Metals' Laguna project in Snow Lake, Man., Kinross Gold has started another 5,000-8,000-metre program for 2020.Highlights of the 2019 drill program include: 1.06 metres of 4.87 g/t gold; 0...Read More
Palladium One Mining's Lantinen Koillismaa (LK) project in northern Finland. Credit: Palladium One Mining The most recent exploration release from Palladium One reports anomalous nickel, copper and cobalt in soil samples from the Smoke Lake anomaly at its 103-sq.-km Tyko property.Assays include 238 parts per million (ppm) nickel, 108 ppm copper and 10 ppm cobalt in one sample as well as 46 ppm ni...Read More
Safe spaces. Image: Generation Grundeinkommen The gold price jumped to fresh near 7-year highs on Monday as worries about the spread of the coronavirus spurred investors to seek safe haven assets and global stock markets plummeted.February gold futures, the most active contract with nearly 40m ounces traded on the day, was set to close above $1,580 an ounce on the Comex market in New York. It wou...Read More
Saskatchewan, home to two of the most desirable minerals in the world - potash and uranium. (Image by Melanie Jwagar, Pixabay) In his annual address to the Greater Vancouver Board of Trade last week, Pierre Gratton, President and CEO of the Mining Association of Canada, spoke of the state of Canada's mining industry and how the recent commitments to mining, particularly the new Canada-US Joint Ac...Read More
An aerial view of the Mineral Ridge gold mine, 56 km southwest of Tonopah, Nevada. Credit: Scorpio Gold Scorpio Gold has announced that it has signed a toll milling agreement with Lode-Star Mining for the processing of ore at its 363 tonne-per-day Goldwedge mill.Lode-Star will advance the funds required to add a flotation circuit to the mill which is currently configured with a gravity circuit....Read More
Haywood Securities analyst says Capstone Mining is an undervalued junior base-metals mining stock.Capstone's main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.Vancouver-headquartered base-metals mining stock Capstone Mining Corp.'s (TSX-CS) results missed third-quarter 2019 analysts' estimates.However, encouraged by cost reductions as well as the progress...Read More
Bob Moriarty ArchivesJan 27, 2020The “Everything Bubble” just burst. Here’s why.I was in Vietnam from July of 1968 until March of 1970. From November of 1968 until July of 1969 I was flying theO-1 Birddogas aForward Air Controller. Back then I used to believe all the bullshit our government puts out. Now when Trump says the Iranians fired missiles at a US base in Iraq and none of...Read More
Vale said the dam was safe and secure but had been on Level 1 watch due to its proximity to the Sul Superior dam, which remained at Level 3, the most critical level that indicates a dam burst isRead More
CoE Pensions Board director of ethics and engagement Adam Matthews implied though the mining industry had work to do, the investor response had also lagged, describing the need for a catastrophe onRead More
Today is Monday, January 27, 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 $1,580.25. It's up 0.53% from yesterday and up 21....Read More
Today is Monday, January 27, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Arch Coal (NYSE: ARCH), DMC Global (NASDAQ: BOOM), and Dorchester Minerals LP (NASDAQ: DMLP).Arch Coal (NYSE: ARCH)Arch Coal (NYSE: ARCH) is a $829.56 million company today with a one-year return of -33.1%. Let's look at its price-to-earnings (P/E) ratio, its enterprise-value-t...Read More
They say coal is dead.And, to some degree, they're right.The use of coal for energy generation here in the United States, for example, has ostensibly peaked.According to the U.S. Energy Information Administration (EIA), coal consumption in America hit a 40-year low in 2019.The EIA says coal's share of U.S. electricity generation fell by 24% last year over 2018. And for 2020 and 2021, the EIA expec...Read More
By: Ira EpsteinGold's short to long-term technicals:Read More
Friday's nasty stock-market reversal was the most interesting we've seen in a long while. The ostensible cause of the selloff was mounting anxiety over the spread of the deadly coronavirus from China to the U.S. and elsewhere. Three cases have been reported so far in the U.S. and 2,000 worldwide, and although no one seems to expect a major outbreak in North America, it's not hard to imagine a me...Read More
Gold and silver will remain firm as long unless a vaccine to the Chinese corona virus is found. Treatment is there for the virus but there is no vaccine. The quicker the spread of the corona virus globally the quicker will gold and silver rise. Yen will also fall sharply if the numbers zoom. Numbers (of people affected by the corona virus) are suppressed or fudged globally to prevent a panic. Sp...Read More
In part three of the series, "All About Private Placements," Maurice Jackson of Proven and Probable talks with Tekoa Da Silva, a financial adviser with Sprott USA, about details of private placements, including removing restrictive legends, exercising warrants, timing of private placement tranches, and understanding corporate share structures. Maurice Jackson: Thank you for joining us for the thi...Read More
The company's vice president was recognized for her role in advancing a deposit in Nevada. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release that its vice president of exploration and geoscience, Dr. Moira Smith, received the Association for Mineral Exploration 2019 Colin Spence Award for her "essential contribution" in discovering and delineating the Long Canyon gold deposit...Read More