Both total and silver production beat estimates at the Mexico operation of this Outperform-rated company, noted a BMO Capital Markets report.Overall Q1/24 production at MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) joint venture (JV) Juanicipio project in Mexico was 7% higher than BMO Capital Markets' estimate, driven by better-than-expected silver grades, reported analyst Kevin O'Halloran in an...Read More
Global Analyst Adrian Day discusses good news at three of his major resource holdings. He notes that Agnico knocked it out of the park, Anglo upped the value of Orogen-'s royalty again, and Osisko had a major stream asset get bigger.Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) reported a very strong first-quarter result, with higher production and lower costs. Cash costs are $929 per ounce, and All...Read More
Q1 2024 sees solid silver production at Juanicipio, with 4.4 million ounces and 9,927 gold ounces reported despite a brief shutdown for maintenance. Read more about how these results are shaping up to meet annual production forecasts.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) announced a productive first quarter for 2024 at its Juanicipio mine, showcasing a robust operational performance. The m...Read More
Does the Fed even matter that much to the real economy and investor portfolios?That's an important question that doesn’t get nearly enough scrutiny. It's possible that neither the Fed nor the reporters who cover the Fed want to ask hard questions about what the Fed really does.Could it be the case that the emperor has no clothes?Financial journalists often refer to a Goldilocks economy ("not...Read More
"Something will have to give."So the International Monetary Fund warns us.Yet what must give? And why must it give?These are the questions that seize our attention today. Reports Bloomberg:The International Monetary Fund leveled an unusually direct criticism at U.S. policymakers Tuesday, saying the country's recent standout performance among advanced economies was in part driven by an unsustainabl...Read More
Cash flow from this Mexican operation should provide the next catalyst for this Canadian silver producer, noted a ROTH Capital Markets report.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) reported Q1/24 production results from its joint venture (JV) mine in Juanicipio that met the expectations of ROTH Capital Markets, analyst Joe Reagor reported in an April 24 company update."Production rates are...Read More
After its business combination agreement with Strategic Minerals Corp. is completed, IberAmerican Lithium Corp. plans to resume production at Strategic's flagship Penouta Project in Spain. One analyst says it's a great time to look at the company's shares.IberAmerican Lithium Corp. (IBER:CBOE; IBRLF:OTCQB) announced that after its business combination agreement with Strategic Minerals Corp. is com...Read More
The big news this weekend is that the House passed a long-anticipated $95 billion foreign aid package.About $61 billion will go to assist Ukraine in its war with Russia. About $26 billion will go to Israel (with some humanitarian aid for Gaza) and around $8 billion will go to supporting allies in the Indo-Pacific region, most notably Taiwan.The package will go to the Senate this week, possibly as...Read More
Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before.Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.Gone is the talk of separating money and state, of a market-based means...Read More
Dakota Gold Corp.'s efforts have paid off, according to a Canaccord Genuity Corp. research note.Dakota Gold Corp. (DC:NYSE American) announced the release of its initial mineral resource estimate for the Richmond Hill Project in South Dakota on April 30, 2024. The report, which was released pre-market, highlights an Indicated Resource of 51.83Mt at 0.80 grams per tonne gold (g/t Au) for 1.33M ounc...Read More
The New York Stock Exchange is considering moving to 24/7 trading, the Financial Times reports.At the risk of sounding like an old crank, I must admit that I absolutely hate this idea.Sure, the younger generation might love to trade meme stocks and manage their crypto holdings at 3 A.M. But I need what precious sleep I can get. The last thing I want is my brokerage account pinging me with price al...Read More
In light of recent news, Research Capital Corp. maintained its Speculative Buy rating on Dolly Varden Silver Corp.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) announced on April 23, 2024, that it is preparing to commence its 2024 exploration season at the Kitsault Valley project in northwestern British Columbia. The company plans to conduct 25,000m of drilling, divided equally between the Dol...Read More
Global Analyst Adrian Day looks at more first-quarter results from some resource companies, as well as some positive exploration results that, according to him, could extend a mine's life.Barrick Gold Corp. (ABX:TSX; GOLD:NYSE) maintained its full-year guidance after first-quarter production in both gold and copper, which came in lower than expected. Part of the lower production was because of pla...Read More
Dakota Gold Corp. has released its initial mineral resource estimate for its Richmond Hill Project in the historic Homestake Mine district of South Dakota. Read why one analyst says the company's efforts there are paying off.Dakota Gold Corp. (DC:NYSE American) has released its initial assessment maiden resource estimate for its Richmond Hill Gold Project in the historic Homestake District of Sout...Read More
Michael Ballanger of GGM Advisory Inc. shares his view on the current state of the copper market and shares some copper stocks in his portfolio.While I was dabbling in the Li and U3O8 trades, I was quietly but steadily accumulating a basket of juniors that were not considered to be seen as "trades" but rather long-term positions with either excellent projects or discoveries and all of them are now...Read More
In light of recent news, Research Capital Corp. maintained its Speculative Buy rating on Dolly Varden Silver Corp.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) announced on April 23, 2024, that it is preparing to commence its 2024 exploration season at the Kitsault Valley project in northwestern British Columbia. The company plans to conduct 25,000m of drilling, divided equally between the Dol...Read More
LONDON, 30 April 2024 - Comment from BullionVault features in the latest gold-price report from leading US financial news-site MarketWatch.With gold rising sharply today, it looks like the surprise rise in US employment costs reported on the latest data "caught traders by surprise" the report quotes director of research Adrian Ash.Read the full story at MarketWatch here:Gold futures post 3% April...Read More
After its business combination agreement with Strategic Minerals Corp. is completed, IberAmerican Lithium Corp. plans to resume production at Strategic's flagship Penouta Project in Spain. One analyst says it's a great time to look at the company's shares.IberAmerican Lithium Corp. (IBER:CBOE; IBRLF:OTCQB) announced that after its business combination agreement with Strategic Minerals Corp. is com...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the markets, and shares some stocks he believes are worth taking a look at.As the Friday trading session came to a close this week, I had an epiphany of sorts in that instead of standing back and admiring the results while reaching around and patting myself several times on the back, I took the septuagenarian skin on the u...Read More
LONDON, 30 April 2024 - BullionVault analyst Adrian Ash today gives a special half-hour briefing to subscribers of Bonner Private Research, the widely respected investment advisory from Bill Bonner, owner of Agora Inc. and founder of The Daily Reckoning e-letter. Speaking with former colleague and Bonner investment director Tom Dyson, Adrian explains how the usual drivers of gold price gains have...Read More