Weekly Roundup

Rising Gold Prices See Analysts Recommend Junior Mining Stocks

August 16, 2019

A third straight week of price gains for the yellow metal was a welcome news for gold stocks, as analysts started to talk of $1,600 an ounce.   Nils Christensen wrote on the admittedly usually bullish Kitco site: “It is now a fight to the bottom in interest rates and the European Central Bank is packing a monetary policy bazooka that could push gold prices above $1,600 an ounce, accor...Read More

Sprott's Buying Spree Continues as Analysts Tip Junior Mining Stocks

July 12, 2019

Legendary junior gold stocks investor Eric Sprott continued his buying spree this week as he snapped up the lion’s share of Golden Predator’s latest equity issue.   Golden Predator Mining Corp. (TSX.V:GPY) originally announced a private placement of worth $6.08m, in which Sprott had agreed to acquire 5 million shares - moire than a third of the latest batch - to increase his tot...Read More

Gold Stocks Raise Cash as Production Grows

July 05, 2019

With the gold price jumping uncertainly around the $1,400 an ounce mark, it was left to the gold miners themselves to ensure a positive newsflow that supported their stocks this week.   Starting with the majors, Barrick Gold (NYSE:GOLD) (TSX:ABX) and Newmont Goldcorp (NYSE:NEM) (TSX:NGT) successfully concluded the long-awaited transaction establishing their new joint venture which will run...Read More

Junior Miners and Gold ETFs Are Top Monthly Movers

June 29, 2019

In a week where the gold price tested new highs and showed itself capable of holding above US $1,400 an ounce, speculation moved to what effect this will have on junior mining stocks. Financial Adviser magazine singled out gold-focused exchange traded funds as the best performers so far. Top of the monthly list was iShares MSCI Global Gold Miners ETF (NASDAQ: RING) with a return of 24.2% during t...Read More

Gold Stocks and ETFs Jump while Nickel Miners Face Questions

June 21, 2019

With gold finally showing signs of going on a rally, speculation over the effect this could have on junior gold stocks dominated the mining news this week.   In an interview with Kitco News, Randy Smallwood, CEO of Wheaton Precious Metals (TSX: WPM), said the latest move to over $1,400 an ounce could spark further investment in gold exploration and mining if it is sustained.   B...Read More

Canadian Junior Miners Yield a Bonanza of Stock Market News

June 14, 2019

A week in which gold prices were boosted by weak market sentiment for equities saw a slew of announcements from Canada’s junior mining stocks.   Among the junior gold miners contributing to the news, Metals Creek Resources (TSX-V: MEK) unveiled an option agreement with Newmont Goldcorp which will allow the company to take charge of Goldcorp’s Dona Lake Mine near Pickle Lake in O...Read More

Canadian Uranium Stocks Face Uncertain Fallout From Possible Tariffs

June 07, 2019

The trade war rumour mill spun uncertain news for Canadian uranium miners this week as Donald Trump considers protectionist measures to light up the US mineral extraction industry.   Two uranium mining companies, Ur-Energy and Energy Fuels, have lodged a petition with the White House and said they are "confident" that the President will implement limits on uranium imports after the Commerce...Read More

Rare Earth Minerals Steal Gold's Shine in Another Dull Week for the Yellow Metal

May 29, 2019

The rare earth minerals sector surfaced into the mining and commodities news this week amid speculation that China could use its dominance in production to deal the killer blow in its trade war with Donald Trump.   It all stems from a visit by China’s top brass, President Xi and Vice Premier Liu He, to a rare earth minerals mine in Jiangxi province. The move was widely interprete...Read More

Mining market positive for lead Swedes

July 22, 2019 / www.mining-journal.com

Australia, Canada, Mexico and southern Africa, all key mining markets historically for the Swedish pair, are expected to see robust investment in underground fleet over the next 12 months.Epiroc, the former mining and tunnelling equipment arm of Atlas Copco AB, last week reported a 4% "organic" decline in June quarter orders, compared with the same period in 2018, to SEK10,553 million (US$1.12 bil...Read More

Nickel and Palladium Among the Metals Set to Shine?

July 19, 2019

Nickel was the element on every traders’ radar this week as fears over supplies from Indonesia caused a leap in the price of the metal - seen as having a hot future as the key component of modern electric vehicle batteries.   The metal dubbed ‘devil’s copper’ is now up almost 40% in 2019, with the latest jump caused by an Indonesian pledge to stick with plans to ban...Read More

Kingsgate jumps 49% after Thai gold mine suspension lifted

August 21, 2017 / www.mining.com

Investors in Kingsgate Consolidated Ltd. (ASX:KCN) were allowed to gasp for air on Friday after being underwater on the stock due to problems with its mine in Thailand.The Australian-listed company shot up 49% to AUS$0.32 a share - three cents off a 52-week high - at the height of trading after the Thai government announced that a December 2016 suspension of the Chatree mining complex north of Ban...Read More

Haydale targeting Japan's electronic printed inks market

February 27, 2018 / www.proactiveinvestors.com

Ray Gibbs, CEO of Haydale Graphene Industries PLC (LON: HAYD) tells Proactive Investors at the Graphene for U.S. Conference in New York, that America is trying to catch up with graphene commercialization, while the Asian graphene market pushes for the material.Haydale's Taiwan-based inks arm has agreed a deal to supply Japanese firm Graphene Platform (GPC), and will initially target Japan's electr...Read More

My Goodness, What Is Happening to Platinum? / Commodities / Platinum

September 14, 2018 / www.marketoracle.co.uk

You may have noticed the platinumprice has fallen well below gold’s price and it continues to underperform the otherprecious metals. What is happening in the platinum market? We see a handful of factors driving the recent declines inplatinum. For starters, it is facing the same challenges we find in the goldand silver markets. The dollarhas been getting stronger, interest rates are rising, a...Read More

Ridgway Tornado

March 15, 2012 / www.youtube.com

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Gold Closes at Par Due to Geopolitical Uncertainty

February 21, 2017 / www.miningstockreport.com

After an initial dip in the price of gold early in the trading session Tuesday, gold finished strong to close out the day flat at $1,238.90, (-$0.20).The puzzling thing is the ICE Dollar index was up 0.5%, showing a strong U.S. Dollar. The US Dollar and Gold typically share an inverse market relationship, which would account for the drop in gold early in the trading day.Many analysts are attributi...Read More

IMF says Nigeria will "muddle through" with economic policies in medium term

February 28, 2018 / www.kitco.com

ABUJA, Feb 28 (Reuters) - The International Monetary Fund (IMF) projects that Nigeria will "muddle through" with its economic policies in the medium term, according to a report seen by Reuters on Wednesday.The lender warned that "comprehensive and coherent" economic policies "remain urgent and must not be delayed by approaching elections and recovering oil prices".The...Read More

Pieces of the US and Global Stock Market Puzzle Come Together

September 16, 2018 / news.goldseek.com

This article is edited slightly from the original to clean up some wording and make points a little clearer.All through the summer NFTRH had a top-test view on the primary US stock index, the S&P 500. We were 100% right on that; SPX spent all summer grinding upward to that test.That is where the would-be market genius aspect of the analysis ends because it appears that the favored outcome of that...Read More

BATTERY RAW MATERIALS MARKET REPORT 19/07: Speculative buying pushes Chinese cobalt prices slightly higher

July 20, 2019 / www.metalbulletin.com

An overview of the battery raw materials markets and their latest price moves.Read More

Billionaire Frank Giustra: Gold Is The Mother Of All Bubbles, Which Is Why You Should Buy It

October 19, 2012 / www.goldinvestmentletter.com

http://www.businessinsider.com/frank-giustra-bullish-gold-2012-10Read More

Jianxin Mining Net Profit Jumps 3-Fold in H1 2017

August 22, 2017 / news.metal.com

SHANGHAI, Aug. 22 (SMM) - Jianxin Mining Co.'s net profit belonging to listed shareholders increased 293.92% on a yearly basis to 241.499 million yuan in the first half of 2017, according to its semiannual report. Yunnan Luoping Zinc & Electricity Posts 133% Rise in Net Profit in First Half of 2017The article is edited by SMM and is provided for information purpose only. SMM assumes no liability a...Read More