Peter Epstein of Epstein Research outlines the latest news from this explorer, including an intercept of 15m at 2.45% copper equivalent. Rockridge Resources Ltd. (ROCK:TSX.V) is an exploration company focused on acquiring, exploring and developing mineral resource properties in Canada. Its focus is copper and base metals more specifically base, green energy and battery metals of which copper is...Read More
This Canadian firm's 2019 drill program is now underway. Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) started drilling at Justin, it announced in a news release. The company noted that it plans to extend its drilling season one month by initiating this 2000-meter drill program at the Justin Gold Project prior to commencement of drilling at its Forrest Kerr Gold Project located in BC's Golden Tria...Read More
This just-found mineralization resembles that originally discovered on the property. Osisko Mining Inc. (OSK:TSX) discovered a new gold zone at its Urban Barry project in the Abitibi greenstone belt in Quebec, it announced in a news release.The new zone, called Fox West, sits 2 kilometers to the west of the Fox zone. Fox West is made up of "pyrite stringers hosted in a sericite altered dacite/fel...Read More
The document serves as the foundation for a continuing partnership. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it reached agreement with the Tahltan Nation on terms related to Seabridge's proposed KSM project in northwestern British Columbia."The agreement represents another important milestone for the project and provides a thorough and cooperative framework for the p...Read More
The company already has two targets lined up, based on historical work at the property. Black Tusk Resources Inc. (TUSK:CSE) received the permit to diamond drill at its Golden Valley property located in Quebec, it announced in a news release. With the permit, the company may construct up 15 drill pads, which will be placed next to existing major access roads. From those pads, Black Tusk intends t...Read More
Bob Moriarty of 321 Gold explains why he's excited about the drill results at this company's copper mine. It's no secret that copper is both in severe shortage with increasing demand at the same time production is declining. A new Canadian based junior exploration company has an interesting direction they are moving in. Rockridge Resources Ltd. (ROCK:TSX.V) wants to use modern advanced technology...Read More
The president and CEO of this royalty company discusses what Maurice Jackson of Proven and Probable calls a "highly efficient, three-pronged business model." Maurice J.: Joining us for conversation is David Cole, the president, CEO and director of EMX Royalty Corp. (EMX:TSX.V; EMX:NYSE.American), the royalty generator. Mr. Cole, we brought you on today to discuss EMX Royalty's transactions and in...Read More
Sector expert Michael Ballanger describes why he has swung from long to short on the precious metals and miners. Before we go any further, let it be known that in the days leading up to this missive, i have gone from "net long" to "net short" on gold, silver and the miners. Those receiving my email blasts and those following me on Twitter (@Miningjunkie) have been put on notice that...Read More
After an incredible rally in Natural Gas that our researchers called perfectly in November 2018, another opportunity for an upside price move appears to be setting up for later this year. We believe the current price lows, near $2.30, are setting up for a bounce and then will drop and form a basing pattern near $2.00 before rocketing higher. It is this last move to the downside which wi...Read More
After months of advancing, the U.S. dollar's climb is showing signs of weakness.Over the last five years, the greenback has risen almost 20 percent, whereas other world currencies have not been so lucky. For example, the Euro has declined by 19 percent.The Yen has dropped over 6 percent and the Swiss Franc has descended over 11 percent, all during the same time frame.The U.S. economy has hit some...Read More
Americans' trust in institutions, from the federal government to banks to the news media, has been deteriorating for decades. Sixty years ago, three quarters of Americans expressed faith in the government to do the right thing "most of the time" or "just about always." Today, only one in five people, a near-record low, believes our leaders make decisions in the country's best interest.The news m...Read More
Dear Friend of GATA and Gold:Responding to your secretary/treasurer's observation Sunday that central bank and government interventions against gold have been becoming more obvious --http://www.gata.org/node/19134-- our friend C.W. writes that the more obvious interventions against gold become, the more effective they are."As more investors see that the gold market is relentlessly and successful...Read More
By: Clint SiegnerA "perfect storm" is brewing for midwestern farmers. Unending rains have led to the flooding of tens of millions of acres of farmland. The deluge comes on the heels of years of low crop prices.It has the makings of an agriculture disaster on a scale never seen before.The nation may see a "perfect storm" in terms of food inflation. Prices for some farm commodities figure to be a...Read More
By: Ira EpsteinHow dovish will the FOMC be next week? Gold lost its trend, support in lower $1,300's:Read More
Although the S&P 500 and the Dow Industrials have been in explosive rallies for the last five days, traders appear skeptical, if not to say skittish. As the take-no-prisoners short squeeze has unfolded, a widely watched 'fear indicator' has refused to give ground; this, despite a 700-point burst in the Dow Industrials and a corresponding gain in the S&Ps over the last three days. The VIX Volatil...Read More
Gold needs to trade over $1339-$1345 zone to start another wave of rise. Chances of correction will be high as long as gold does not break this zone. Silver needs to fall below $1445 or break and trade over $1492 for direction. Momentum is down for silver. Copper can see a temporary rise. Crude oil can fall first and then rise. Trend is still down for gold and silver. Buyers and investors will...Read More
RAPAPORT... Stornoway Diamond Corporation is looking for investors to help salvage its Renard mine, as the company continues to incur high financial losses. The miner called for offers to purchase its Canada operations after receiving $11.7 million in bridge financing - a short-term loan to maintain Renard until it can secure permanent financing or pay off existing debt, Stornoway explained T...Read More
RAPAPORT... Sarine Technologies has partnered with 14 diamond manufacturers on its Diamond Journey provenance program, enabling retailers to tap a growing resource of polished stones certified through the initiative. "We expect to have tens of thousands of documented diamonds by year-end," Sarine CEO David Block said Monday. "With over 70 million diamonds being processed by Sarine's inst...Read More
RAPAPORT... Glenn Nord, the third president of the Gemological Instituteof America (GIA) and a pioneer of its corporate training program and globaloutreach, died Sunday aged 90. "Glenn Nord was a committed advocate for GIA's mission, andfor our students and the GIA staff," GIA president Susan Jacques said Monday."His business acumen and wisdom, shared over decades with GIA management andthe board...Read More
RAPAPORT... Russian authorities have detained three members of an alleged criminalgang accused of stealing and selling high-quality diamonds belonging to Russianminer Alrosa. The thefts, which allegedly occurred over an extended period, werecommitted by an Alrosa employee working in its sorting andgrading department, the Investigative Committee of the Russian Federation claimed Monday. She c...Read More