MacDonald Mines Exploration Ltd. announces that, due to continuedRead full newsRead More

The TSX had been hanging around all-time highs when the first TSX 30 was announced. Last year’s inaugural recognition program brought strong-performing names to the fore during a record bull run. While the average investor usually looks at the top 20-30 names, the TSX 30 showcased ways to diversify a portfolio with less well-known businesses.With an average 329% share price appreciation in t...Read More

It might be pushing the limits of pro-activeness, but it’s never too early to think about taxes, especially if you are self-employed. If you hit a rough patch during the pandemic and had to receive CERB payments, remember that they are taxable as well, and that CRA will take its cut in next year’s taxes.It goes without saying, but if you have received CERB despite being ineligible, it&...Read More

Victoria Gold Corp.'s Eagle Gold Mine. Credit: Victoria. After declaring commercial production at the Eagle mine in Canada's Yukon Territory earlier this month, Victoria Gold has provided production guidance for the second half of this year - it expects to generate 85,000 oz. to 100,000 oz. of gold in the last two quarters at all-in sustaining costs of $950 to $1,100 per oz."Achieving commercia...Read More

Nature reserve at the Cobre Las Cruces mine. (Photo by First Quantum Minerals) Putting nature above business considerations has the potential to generate 395 million jobs and $10.1 trillion in business opportunities by 2030, the latest report by World Economic Forum (WEF) suggests.Unprecedented job losses and economic uncertainty following the outbreak of covid-19 have governments looking into wa...Read More

I spent the 4th of July surrounded by ghosts...No, I'm not talking about the Founding fathers or the American revolutionaries who lost their lives in the fight for Independence.I'm talking about the "Ghost Fleet of Mallow Bay".I woke up early Saturday morning to trek down to the Potomac River in Southern Maryland. My friends and I own a bucolic compound nearby, where we planned to spend the holida...Read More

Island Gold mine - Image courtesy of Alamos Gold Alamos Gold has released exploration results from its Island Gold mine in Ontario, which extend high grade areas at the Island East and Main zones, as well as at Island West.The majority of the notable intercepts in the latest release are from the E1E zone and confirm the vertical continuity of this area over up to 1.2 km, between depths of 300 me...Read More

The camp at Klaza. Image from Rockhaven. An updated preliminary economic assessment (PEA) for Rockhaven Resources' wholly owned Klaza project in the Dawson Range gold belt in Canada's Yukon Territory outlines a 12-year, combined open-pit and underground operation producing gold and silver dor?(C) as well as lead and zinc concentrates.With total payable metals production of 750,000 oz. of gold a...Read More

The Marmato project is located in the Caldas department in the heart of the Middle Cauca gold district, a region that has been exploited since pre-Colonial times by the Quimbaya people.(Image courtesy of Gran Colombia) Caldas Gold (TSXV: CGC) is raising aggregate gross proceeds of C$45 million (about $33m) after coming into agreement with a syndicate of underwriters led by Scotiabank and Canaccor...Read More

Here are five Fastmarkets stories you might have missed on Tuesday July 14 that are worth another look.Sims Metal Management, the world's top metal and electronics recycler, is to lay off up to one-fifth of its UK workforce, Fastmarkets understands.Commercial vehicles led China's annual automotive output and sales in June, the China Association of Automobile Manufacturers (CAAM) said on July 10, e...Read More

The United States Court of International Trade (CIT) has ruled that President Donald Trump did not have the power to double the Section 232 tariff on steel imports from Turkey.The increase in the tariff - to 50% from 25% - was a violation of statutory procedures and of equal protection guarantees, the CIT stated in a 22-page ruling on Tuesday July 14. The ruling follows a complaint filed by US ste...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 14, 2020 The big question about America is how much more money the Fed can print while the government runs a program of borrowing money to infinity... before hyperinflation turns the fading empire into a fire pit. The debt-themed empire is in tatters already, but it has yet to become...Read More

Aluminium premiums were stable in most regions on Tuesday July 14, but premiums rose in Brazil with some market participants in the country noting signs of demand recovery, while others suggested the increase could be short-lived. Brazil premiums up on stronger spot interestRotterdam premiums hold in quiet conditionsUnited States premium steady, while uncertainty stifles tradingSpot inactivity kee...Read More

China's unwrought copper imports rose 50% month-on-month in June to a record 656,483 tonnes, Reuters noted, while iron ore imports hit the highest point in 33 months.The MySteel 62% Australian iron ore fines iron ore price rose 2.8% to US$110/t.However copper fell about 1.3% on the London Metal Exchange yesterday to just below $6,500/t, despite the strong demand, possibility of further strike acti...Read More

The company has identified a resource of 14.6 million tonnes containing 201,652 tonnes of tin at Nazareth, reported local media.Minsur is working on a tailings reprocessing project near its San Rafael mine in Ica called B2 with an investment of US$200 million.It is also building the Mina Justa copper mine, which in May was 90% complete. Mina Justa will produce 140,000-150,000 tonnes a year for 16...Read More

The potential impact on copper supply is further aggravated by COVID-19 containment measures in place in Peru, which is restricting production there. Various mines in Chile are in collective bargaining processes to establish the next three-year agreements with workers. With many unions looking to suspend work to protect their members from COVID-19, negotiations are expected to be testy."In the las...Read More

Execution works at the copper-gold Serrote project, operated by Minera????o Vale Verde (MVV), have reached 60% completion and is planned to start production in the second half of 2021, MVV's parent company Appian Capital Advisory said on Tuesday July 14. The project is located in the Brazilian northeastern state of Alagoas, and has an expected production capacity of 20,000 tonnes per year of coppe...Read More

Workers at Antofagasta's Zaldivar and Centinela copper mines in Chile have successively voted to take industrial action after the negotiations for labor contract renewals failed, Fastmarkets understands. Over 94% of union members at Centinela voted for a suspension if a usual 5-10 day mandatory government-led mediation does not go anywhere. Last week, union member representatives at Antofagasta's...Read More

Stewart Thomson, Graceland Updates1. The big question about America is how much more money the Fed can print while the government runs a program of borrowing money to infinity... before hyperinflation turns the fading empire into a fire pit.2. The debt-themed empire is in tatters already, but it has yet to become an inferno. The world watches aghast, as Americans blow each other aw...Read More

By: Gary SavageHere is what to look for on the gold breakout. Bullion banks are stuck in a large short position, they have covered some but have a significant problem. After multiple attempts, gold has broken out of this sideways/box. A break above $1,800 doesn't hold a lot of resistance, but holds the potential to be a false breakout: Stocks becoming dangerous:Gary Savagehttps://blog.smartmoney...Read More