Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Alex Krainer's TrendCompass (via Zero Hedge), Released on 3/22/23The Kinzhal was developed with the express purpose of destroying aircraft carrier strike groups. If it could destroy a warehouse built to withstand a nuclear strike, it can cut through an aircraft carrier like a hot knife through butter.Continue... Why Russia's Hypersonic Weapons Change Everything added by Herman James on 03/23/2023V...Read More
Tavi Costa - Twitter, Released on 3/23/23Source: https://twitter.com/TaviCosta/status/1638968462881230848Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat's macro model that identifies the current stage of the US economic cycle through a combination of 16 factors. His research has been featured in financial publications such as...Read More
Bloomberg (via Yahoo Finance), Released on 3/22/23Russia's central bank said its bullion holdings jumped by 1 million Continue... Russia's Gold Hoard Grew By One Million Ounces As West Imposed Sanctions added by Herman James on 03/23/2023View all posts by Herman James ?+'Read More
Alpha Copper Corp. cancels its option agreement for the Okeover project in British Columbia so it can focus on its other three projects, including the drill-ready Star project.Alpha Copper Corp. (ALCU:CSE;ALCUF:OTC) announced it has canceled its option agreement for the Okeover project in British Columbia so it can focus on its other three projects.The company will now put its efforts into explori...Read More
Technical analyst Clive Maund takes a look at Victoria Gold Corp.'s 5-year and 1-year charts to tell you why he believes you should be interested in the company.For investors looking for a larger mid-cap gold stock as an addition to a Precious Metals portfolio, which is not a bad idea with the world falling apart all around us, Victoria Gold Corp. (VGCX:TSX; VITFF:OTCMKTS) is considered to be a wo...Read More
Namely, while the GDXJ (upper part of thechart) moved only a little above its recent high, silver has pretty muchdoubled its previous short-term upswing. WhatAre the Suggestions? To be clear, neither of those moveshigher was substantial. However, it is the relative performance that mattersfrom an analytical point of view.As I have emphasized many times before, miners tend to underperform gold clos...Read More
Enough is enough. No market can decline without correcting every nowand then. And both gold and the USDX point to an upcoming reversal.Let’s start with gold.IsIt Over? Looking at its price from ashort-term point of view, we see that it paused for a brief moment at its 38.2%Fibonacci retracement level. And then – after the pause – golddeclined.Not only that – it declined bel...Read More
The two global crude benchmarks are stillenjoying momentum that began on Thursday – despite larger-than-expected UScrude inventories – following reports from the financial press that Russia willcut oil exports from its western ports by 25% per month in March compared toFebruary in response to Western sanctions.These claims, however, have not yet beenconfirmed by the Russian Ministry of...Read More
"Central banks are so confident that gold prices will continue rising that they are..."Central banks have been scooping up gold with a vengeance.Here's a Jan. 31 Financial Times headline:'Colossal' central bank buying drives gold demand to decade highInterestingly, just a few days later on Feb. 3, the precious metal dropped by more than 2%. But setting aside near-term price moves in gold, what yo...Read More
The news is full of articles now discussing how food (Staples) producer prices are going to continue rising, how warehouse and distribution channels are pushing “inflation” higher, how charges to use cargo containers and transportation are all pushing “inflation” higher.The inflationary acts were committed in 2020 and 2021. The inflation was inflicted then and is now histor...Read More
Commodity bulls are facing a challenging year ahead.Some natural resources were benefiting and riding on the coattails of mounting inflationary pressure in 2020 through to mid-2022, such as oil and Natural gas, while others (gold and silver) were still prospering from the low US dollar and near zero Fed interest rates in 2019.However, conditions started to change for most commodities in mid-2022 (...Read More
With construction starting in 2024, the company expects the facility to produce about 50,000tpa of battery-grade lithium hydroxide from multiple sources, with the potential to expand up to 100,000tpa.Read More
Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.The plant will aim to demonstrate a pathway to lower carbon dioxide (CO2) intensity in st...Read More
Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Avino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resources"Recently, all production lines of the Huayou Cobalt's Arcadia lithium mine project have...Read More
The issue saw Advanced Metallurgical Group (AMG) subscriving for 124 million newly issued shares of Zinnwald Lithium at a 10% premium to share prices in the run up to the deal.Read More
Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Moving downstream has become a prominent theme among miners eyeing a historically unusual...Read More
(IDEX Online) - HRD Antwerp says it has launched a legal action in the Belgian courts against its former partners in Turkey, alleging they damaged its business reputation.It jointly launched the HRD Istanbul branch with Enstitu Istanbul Bilim Akademisi Yonetim Dan?,, ??...?,manl?,, ?g?,, ? A.S. in 2014 until it terminated the arrangement in October 2021.Ellen Joncheere, CEO of HRD Antwerp, (pictur...Read More
(IDEX Online) - Brilliant Earth, the US-based "ethical jeweler", reported a slight drop in sales for Q4 2022, down 1.9 per cent to $119.6m.The total number of orders placed by consumers fell by 13.7 per cent, but the average value of those orders rose, also by 13.7 per cent, the company said in its Fourth Quarter and Fiscal Year 2022 Results.Gross profit for the quarter was $65.4m (a 54.7 per cent...Read More
(IDEX Online) - Gem Diamonds delivered a "solid" set of results in 2022, despite increased costs as a result of Russia's invasion of Ukraine.The UK-based miner saw revenue fall by just over six per cent to $188.9m and underlying earnings (EBITDA) down 24 per cent to $43.7m. Profits fell 46 per cent to $20.2m.Gem's Letseng mine in Lesotho, the highest average dollar per carat kimberlite d...Read More
Codelco will use Waybridge to digitise its global refined copper business, which the company said would "lead the industry towards more efficient, reliable, and sustainable trading".Read More