Since posting new record highs in early August, the gold market has consolidated above $1,900/oz support.A close below the $1,900 level would carry bearish implications for the near term.Alternatively, a move back above $2,000/oz would likely be followed through to the upside with a rally to fresh highs. Silver, in turn, could be expected to run to new multi-year highs above $30/oz. These breakout...Read More
Rob McEwen recaps goings on at McEwen Mining and discusses some of the juniors he has invested in. Rob McEwen, the chairman and CEO of McEwen Mining Inc. (MUX:TSX; MUX:NYSE ) and founder and former chairman and CEO of Goldcorp, doesn't mince words. "In the last year, what we went through at McEwen Mining could almost be described in Biblical terms: we had a fire, a flood and COVID is sort of a pl...Read More
Goldcliff Resource Corp. reported the Ainsworth silver district located near Kaslo, British Columbia, historically produced 93 million ounces of silver. Vancouver-based Goldcliff Resource Corp. (GCN:TSX.V; GCFFF:OTCBB) reported in a news release that it plans to reactivate exploration efforts at the Ainsworth silver property located near Kaslo, B.C., Canada. Read More
While StrikePoint Gold is waiting for assay results from its Willoughby project, it is shifting its focus to the Porter Silver property. In a news release, StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced that while it awaits assays from phase 1 drilling at its Willoughby gold-silver project, it will explore for new and extension veins at its Porter silver property, both in British Columb...Read More
HighGold Mining reports results of the first two holes of a 15,000 meter drill program at the flagship Johnson Tract Project. High Gold Johnson TractHighGold Mining Inc. (HIGH:TSX.V; HGGOF:OTCQX) intersected wide intervals of high-grade mineralization in the first two drill holes of its 2020 program at its flagship Johnson Tract project in southcentral Alaska, it announced in a news release. Both...Read More
"This is the most significant mineralized zone discovered on surface at Shovelnose," Westhaven Gold reported. Westhaven Gold Corp. (WHN:TSX.V) announced in a news release that grab samples, taken from the Franz vein zone it discovered last week at its Shovelnose project in British Columbia's Spences Bridge Gold Belt, returned significant gold and silver assays.The highlights are from samples V074...Read More
CEO to discuss the Company's recent acquisition and latest exploration project located in Idaho's gold district, the Challis Gold ProjectELKO, Nev., Sept. 10, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, today announced that its Chief Executive Officer, Mr. Edward Karr is scheduled to present and conduct one-on-one meetings at t...Read More
* Pound fluctuates in over a cent's range against dollar * One-month sterling implied volatility spikes * HSBC sees GBP/USD falling to $1.20 * Nomura pegs "no-deal" Brexit probability at 40% * ING says sterling could find support at $1.2870 (Updates after EU statement in response to UK draft bill)By Ritvik CarvalhoLONDON, Sept 9 (Reuters) - Sterling hit a six-week low below$1.29 on Wedne...Read More
Bob Moriarty ArchivesSep 9, 2020Mark Turner AKA Inca Kola likes to point out the frauds and liars in the mining business. He’s good at it because he has so much experience staring down a conman in the mirror as he shaves.He posted this chart showing what happens to fools that invest in silver. Certainly you can make the case that the figure doesn’t lie. It’s a chart.(Click on ima...Read More
Peter Epstein of Epstein Research discusses an explorer that he believes offers high-grade precious/base metal discovery potential. Sassy Resources, View from WestmoreSassy Resources Corp. (SASY:CSE) is a largely unknown spinout from Crystal Lake Mining (now called Enduro Metals). Sassy controls 100% of a promising gold-silver play in the Eskay Camp, at the heart of B.C.'s Golden Triangle (GT). T...Read More
UrbanGold Minerals plans to expand drilling at its Pallador Main project located in Troilus-Frotet, Quebec, after it identified two new high priority gold soil targets. Ottawa-based precious metals exploration company UrbanGold Minerals Inc. (UGM:TSX.V) announced in a news release, that "it has received a detailed interpretation report of the soil B-horizon sampling completed earlier in the summe...Read More
Dolly Varden Silver begins using a second rig at the project for discovery-focused exploration. In a news release, Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCMKTS) announced it is expanding the current drill program at its Dolly Varden property in northwestern British Columbia."We are prepared to continue exploring through the fall season with the purpose of maximizing the results of our drill...Read More
Peter Krauth profiles three junior mining companies that he believes hold the potential to produce stellar results. So far this year, the S&P 500 is up 6%. Considering the massive challenges we've faced, that's not bad.By comparison, gold has clocked stellar returns. It's up 26% year-to-date.But a small subsector of the gold space has far outpaced even gold's returns.Imagine making 19 times your...Read More
- Record gold prices render PEA, due diligence assumptions, and March 2020 internal estimates conservative- Expands strategic direction to pursue developing environmentally sound mining operations at the CK Gold ProjectELKO, Nev., Sept. 9, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to provide an exploration update fo...Read More
Sep 10, 2020 Guest(s): Alex Mashinsky CEO, Celsius Network David Barse Founder & CEO, XOUT Capital In today's macroeconomic environment, investors are looking for both safe haven assets and ways to grow wealth. Two investors, Alex Mashinsky, CEO of Celsius Network, and David Barse, CEO of XOUT Capital, discuss different approaches to achieving those goals.Barse sees value in equities right now,...Read More
Sep 11, 2020 Guest(s): Ron Paul America has always needed a reason to fund its military-industrial complex, which is why the country has had a history of "aggravating" other nations, said former congressman Ron Paul. Paul said that this is the incorrect approach to foreign policy and that the U.S. should be focused on more free trade instead. "China is more or less a scapegoat, which is very un...Read More
(Updates prices)LONDON, Sept 8 (Reuters) - Copper fell on Tuesday as stockmarkets and oil prices dived and the dollar strengthened, butprices remained near two-year highs as London Metal Exchange(LME) inventories hit 15-year lows and speculators bet on afurther rally.Benchmark copper on the LME was down 1.8% at$6,670.50 a tonne at 1600 GMT.The metal reached $6,830 on Sept. 1 - up more than 50% fro...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 8, 2020 To view the US government’s current report card, please click here now. The government saved nothing to prepare for any type of crisis, and the result of that failure is obvious. Please click here now. Double-click to enlarge this important weekly gold chart.As horrifyin...Read More
Orefinders CEO Stephen Stewart tells Bill Powers of MiningStockEducation.com about his company's plans for three discovery campaigns in historical and prolific mining districts in Ontario and Nevada. Eric Sprott invested in Orefinders Resources Inc. (ORX:TSX.V) in February 2020 due to the discovery potential at its numerous projects in close proximity to Kirkland Lake Gold Inc.'s (KL:TSX; KL:NYSE...Read More
Maurice Jackson of Proven and Probable talks with Andy Schectman of Miles Franklin Precious Metals Investments about macroeconomic policy and its effect on precious metals prices. Maurice Jackson: Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. Let's begin today's discussion with gold, which has recently surpassed its all-time high sin...Read More