The mid-tier gold miners' stocks in the sweet spot for price-appreciation potential have been struggling in recent months, grinding lower with gold. Their strong early-year momentum has been sapped by recent stock-market euphoria. But gold-mining stocks are more important than ever for prudently diversifying portfolios. The mid-tiers' recently-reported Q1'19 results reveal their fundamentals remai...Read More
Gold miner Kirkland Lake Gold (TSX:KL)(NYSE:KL) has been a on tear, reporting robust results since I first wrote about the miner in May 2017 and gaining a whopping 338% over that period, making it one of the best-performing gold stocks.Strong first-quarter resultsThe latest results from the miner indicate there are further gains ahead for patient investors, despite gold softening in recent weeks....Read More
Wheaton Precious Metals (TSX:WPM)(NYSE:WPM) is an interesting pick for investors seeking a precious metals investment with plenty of growth prospects but little of the risk associated with traditional miners. Here’s what makes Wheaton unique among miners and why this is the precious metals company that should be in your portfolio.Wheaton’s advantage in volatile precious metalsOne of th...Read More
On May 17, investors breathed a collective sigh of relief, as U.S. and Canadian officials announced a tentative agreement on steel tariffs. The deal, in which the U.S. agreed to lift $1.27 billion worth of tariffs on Canadian goods, was hailed as a victory by the Trudeau government, whose officials referred to it as a “win win for everyone involved.” Many Canadian steel workers remain...Read More
The mid-tier gold miners' stocks in the sweet spot for price-appreciation potential have been struggling in recent months, grinding lower with gold. Their strong early-year momentum has been sapped by recent stock-market euphoria. But gold-mining stocks are more important than ever for prudently diversifying portfolios. The mid-tiers' recently-reported Q1'19 results reveal their fundamentals remai...Read More
The housing market continues show contracting sales volume. April existing home sales fell 0.4% (SAAR - Seasonally Adjusted Annualized Rate) from March and 4.4% from last April. Existing home sales have dropped year-over-year 14 months in a row. This is the worst run since the housing crisis.Obviously from a seasonal standpoint, if the market were healthy, home sales should be increasing month-to-...Read More
The U.S. Department of Energy has begun working with major American companies in an effort to make offshore wind power a lot cheaper.The DOE recently allocated up to $8 million to four projects that aim to "develop more efficient, smaller, and lighter-weight generators."The department says new designs could make the next generation of offshore wind turbines 50% smaller and lighter. And that could...Read More
"I think they probably wish they made the deal that they had on the table before they tried to renegotiate it," he said. "They would like to make a deal, we are not Continue...Read More
This development resulted from the compilation and study of historical project data. Libero Copper Corp. (LBC:TSX.V:, LBCMF:OTCQB ) announced in a news release that it identified another gold-copper target on its Big Red project through digitizing and analyzing historical asset data. The company also added 3,041 hectares of new claims to this Golden Triangle porphyry project, taking the total to...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, explain why they believe current economic trends favor gold. Buy equities and sell gold because the economy is strong and the Fed is supportive? Really? We think you should not be fooled by the reigning narrative. Consider the following:In 2018, U.S. real GDP growth was the best in years. Nominal GDP rose more than 5% while the national de...Read More
Maurice Jackson of Proven and Probable interviews the CEO and senior project geologist working on expanding the prospects in this well-known mining district between Fairbanks and the Canadian Yukon. Maurice Jackson: Joining us for a conversation is Gregory Beischer, the president, director and CEO of Millrock Resources Inc. (MRO:TSX.V; MLRKF:OTCQX), along with Senior Project Geologist Chris Van T...Read More
This explorer in the Yukon and British Columbia's Golden Triangle is ready to make news in upcoming drill season, says Rick Mills of Ahead of the Herd. May is the month when junior resource companies either spring out of hibernation from a winter spent poring over last year's results, secure in the knowledge their treasury is in good shape, or return from cash-raising junkets, hopefully with pock...Read More
VANCOUVER, May 24, 2019 /PRNewswire/ - Barrian Mining Corp. ("Barrian" or the "Company") (TSX-V: BARI) (FSE: BM5) is pleased to announce that the recently completed induced-polarization (IP) and resistivity geophysical survey completed at the Bolo Gold Property ("Bolo") has identified multiple high-priority anomalies that warrant follow-up reverse circulation (RC) drill testing. The new anomali...Read More
Full Article: Gold Demand Rose 7% in Q1 2019. A Launching Pad Higher for Gold?By: Arkadiusz SieronRead More
Ted Butler is well aware of not just his critics, but also of the doubts, but Ted says this should end any doubt...by Ted Butler via Silver SeekJim Cook Interviews Ted Butler: JPM, Silver Investors & MoreCook: A lot of silver investors are frustrated these days. Can you give them any hope?Butler: I'd be lying if I said I wasn't frustrated as well. But I have no doubt that silver will eventually pr...Read More
RAPAPORT... Profit at Asian Star, a Mumbai-based diamond manufacturer, grew 6% to INR 1.16 billion ($16.7 million) in thepast fiscal year, as lowerexpenses compensated for a decline in sales.Revenue, including at subsidiaries, dropped7% to INR 39.13 billion ($524.6 million) for the 12 months ending March 31, thecompany said last week. Expenses fell by the same percentage to INR 35.06billion (...Read More
RAPAPORT... Lucapa Diamond Company aims to pinpoint a huge source of rough diamonds at its Lulo mine in Angola within the next two years, it said Monday. The Australia-based miner has found high-quality stones at its alluvial deposit, including the 404.20-carat 4 de Fevereiro, the largest in Angolan history. The company believes these stones originated from a deep diamond source located within the...Read More
RAPAPORT... India's polished-diamond exports slid 18% to $1.64 billionin April, representing the sixth consecutive month of year-on-year decline.Lower volumes outweighed a rise in the average price. Rough imports also fell,reflecting slow demand since the start of 2019.India Trade Data for April 2019 Millions unless stated otherwiseRead More
RAPAPORT... Platinum-jewelry demand grew in India and the US in 2018, as younger consumers and male buyers responded strongly to marketing campaigns,Platinum Guild International (PGI) reported. US sales at PGI's retail members grew 11% amid stronggrowth in the bridal category, and the successful use of celebrities inadvertising, the trade organization said. Sales for 2019 are expected to increaseb...Read More
IDEX has introduced BoxxStars, a new service that allows jewelry manufacturers, retail jewelers, designers and other jewelry professionals to source tailor-made order of round stars and melee diamonds. The BoxxStars Service is a new service offered by IDEX Guaranteed Diamond Transactions Network and is powered by IGI DBOX. This much awaited service brings the unmatched sourc...Read More