It's a case of "so far so good" for gold, which is breaking out on schedule from its giant complex Head-and-Shoulders base that may also be classified as a Saucer base, as can be seen on its latest 10-year chart...On the 4-year chart we can see that gold's breakout move last month has resulted in its becoming overbought, which partly explains why is hasn't gone anywhere in recent weeks. This is...Read More
Traders dumped stocks in the final hour on Friday, hinting that there actually is a threshold at which bad news begins to matter. For one, Black Rock, arguably the smartest money on the planet, reported a 7% drop in profits. If they can't cut it, is there any hope for the rest of us? In the Middle East, Iran was doing more than merely rattling its saber: agents of the mullahs boarded and seize...Read More
That is a considerable weakening of production at the very same time the silver price is experiencing some strength in the market...by Steve St Angelo of SRSrocco ReportAs the silver price continues to break out of its lows, two of the top primary mining companies are experiencing major production declines in the first half of the year. Mexico's Fresnillo PLC and Peru's Buenaventura's top primar...Read More
Despite gold breaking out to new 6-year highs?EUR<, silver has held back...until now!Dunagun Kaiser of Reluctant Preppers interviewing Rick Rule of Sprott AssetDespite gold breaking out to new 6-year highs?EUR<, silver has held back... until now!Why is silver behaving so differently from gold, and what is ahead for the "people's money?"Rick Rule, CEO of Sprott Asset Management, returns to Reluctan...Read More
RAPAPORT... US retail sales rose in June, amid improved consumersentiment and a healthier economic outlook, according to the National RetailFederation (NRF). Total purchase value grew 2.3% year on year in June, withthe three-month moving average, which includes April, May and June sales, up3.7% over the same period a year ago. The moving average for the three monthsto May rose 3.3% over the y...Read More
RAPAPORT... Botswana Diamonds has raised the funds needed to continueoperations, and expects to hold its first sale by the fourth quarter. The company, which has struggled with challenges that hitits bottom line, had questioned itsability to continue as a going concern. It had previously recorded losses due to currency fluctuations, an impairment charge, and the cost of buying Alrosa out of a...Read More
RAPAPORT... Shares in Petra Diamonds slipped 6% in early trading Monday after the minerreported it would lower its production for fiscal 2020. The company expects to produce about 3.8 million carats inthe financial year ending June 2020, as opposed to 3.9 million caratsin fiscal 2019, it said Monday. While run-of-mine production is expected toremain flat, the decrease will come from lower pro...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumIn its latest sustainability technical report, Antamina said it planned to reconfigure the ore crusher platform and use a semi-mobile crusher with a 13,200 tonnes per hour capacity, which will see the operation process some 85 million tonnes per year of material.The company also plans to optimise the internal water manag...Read More
Lake Resources prepares to make a splash in lithium SPONSOREDlake resourcesStars aligning at Stellar for PolarXSPONSOREDpolarxMetro Mining promises low-cost bauxite for Chinese smeltersSPONSOREDmetro miningNamdini moves toward 300,000ozpa realitySPONSOREDcardinal resourcesProfepa—the federal attorney for environmental protection—temporarily shut the facilities following two visits on t...Read More
Rising tension over Iran and a reduction in expectations on the size of the next US Federal Reserve rate cut were weighing on sentiment this morning, Monday July 22.Last week the market started to price-in a 50-basis-point cut in the US benchmark interest rate at the Federal Open Market Committee’s (FOMC) July 30-31 meeting, but now a 25-basis–point cut now seems more likely as the proba...Read More
U.S. equity index futures moved higher this morning. S&P 500 futures were up 9 points in pre-opening trade.Walt Disney gained $1.40 to $141.25 after its latest movie, the relaunched "The Lion King" booked $185 million sales over the weekend in the U.S. Crude Oil added $0.64 to $56.27 after Iran captured a British licenced tanker near the Straits of Hormuz late on Friday. Halliburton gained $0....Read More
I want to cover an important topic that is a little more technical, so put on your thinking caps!I'm talking about options trading. Options are by no means new, and I've talked about it options plenty of times before. But I find options trading is something that many traders are scared of because they don't understand it. And it makes sense! You shouldn't trade something that you don't understand....Read More
Last year, 22 central banks, situated largely to the east of Germany, bought the largest amount of gold since 1967, the year the London Gold Pool collapsed. Furthermore, the gold repatriations by many European countries of the last few years are another sign that we are reaching the end of a calm monetary period that has lasted over 40 years. It could bring about the largest monetary changes since...Read More
Lake Resources prepares to make a splash in lithium SPONSOREDlake resourcesStars aligning at Stellar for PolarXSPONSOREDpolarxMetro Mining promises low-cost bauxite for Chinese smeltersSPONSOREDmetro miningNamdini moves toward 300,000ozpa realitySPONSOREDcardinal resourcesJean-Sebastien Jacques is the man facing the latest crop of problems at the world's second biggest mining company, just as Tom...Read More
Recent developments in AI and automated machinery have been changing the face of mining. Rio Tinto, one of the world's largest mining companies, has unveiled their plans for a $2.2B intelligent mine made up of driverless trains, trucks, and robotics. This automation, coupled with other AI technology allows for:The ability for mines to operate without breaks or delays.Earlier prediction of failures...Read More
Greater Sudbury, Ontario, is quickly becoming recognized as the epicentre for mining technology globally and Sudbury-based Hard-Line has been a proud member of the community for the past 23 years.Since 1996, Hard-Line has been enabling tele-remote operation of heavy equipment in the mining industry, proving consistently that while clearly enhancing safety by keeping operators out of harm's way, im...Read More
**FOLLOW KEV ON INSTAGRAM**Instagram- http://www.Instagram.com/KevinEdwardsJrBecome a GWK Exclusive Member: https://www.youtube.com/channel/UCrkf...Help me reach 4,700,000 subscribers! Click here to subscribe! ?-? https://goo.gl/1ldLPxROBLOX CAMPING PART 18 ALIEN ATTACK STORY NEW SCARY GAME PLAY FUN LOL KIDS!Let's keep the comment section fun and amazing for everyone! Be sure to ignore, dislike or...Read More
El exaspirante a candidato a presidente del partido ARENA, Gerardo Awad, confirm?? que renuncia a ser candidato a presidente del COENA porque le descalificaron a varias personas que llevaba en su planilla, y a su vez manifest?? que el partido ARENA <
Moderator: Frik Els, Executive Editor, MINING.comPanelists: Chad Norman Day, President, Tahltan Central Government; Steve Burleton, President and CEO, GT Gold; Dave Nikolejsin, Deputy Minister, Province of British Columbia, Ministry of Energy, Mines and Petroleum Resources; and Walter Coles Jr., President and CEO, Skeena ResourcesRead More
Jul 23, 2019 Guest(s): Robert Kiyosaki Robert Kiyosaki, best-selling author of Rich Dad Poor Dad, has only one piece of advice for investors of all ages seeking to build wealth: buy "real" money. "I always say the same thing...right now, people say 'well, I can't afford gold,' then buy silver. Silver is so undervalued today. I can buy silver for two bucks, I can go to a coin dealer and buy a di...Read More