Aben Resources Establishes Base Camp Begins Ground Exploration PRead full newsRead More

Kerr Mines Inc. is pleased to announce it has entered into an agrRead full newsRead More

Local indigenous groups oppose the project.Read full newsRead More

Gold prices touched record prices on Monday morning in Asia as worries over issues such as the coronavirus pandemic as well as U.S.-China trade tensions weighed on investor sentiment.Read full newsRead More

An uncertain and uneven recovery explains their skyward leapRead full newsRead More

1. Gold has arrived at significant resistance in the $1900-$2000 zone. Investors need a solid plan of action to deal with the intense volatility that is currently enveloping the market.2. Please click here now. Double-click to enlarge this December futures gold chart.3. In 2011, a key futures contract traded at about $2000. That's a significant round number, and the gold pric...Read More

The gold price has shot up 37% over the past one year. Mining stocks that are closely correlated with the gold price have had a much better run. Investors who saw this trend emerging early are now sitting on incredible gains. However, the bull run in gold prices is far from over. In fact, some expert analysts believe the price of a single ounce could surge from nearly US$2,000 today to over $...Read More

While gold has rallied more than 25%, silver has been shining bright with almost 35% gain this year. Government stimulus and lower interest rates have largely fueled the recent rally in precious metals.Importantly, as volatility and uncertainty in global equity markets continue to increase, silver and gold will likely maintain the uptrend. Silver futures breached $26 levels on July 28, hitting its...Read More

There are some strong plays on the TSX for investors seeking stocks that have responded well to hints of recovery. Industrials have ticked higher on vaccine rallies, while gold has proven a reliable source of near-term capital appreciation.Indeed, it has been noted that certain gold stocks have become 2020’s answer to cannabis; such is their standout upward momentum.Some industrials could ou...Read More

When it comes to the tangible assets vs. stocks debate, the first asset class that most people think of is real estate. But after the real estate-induced recession of 2009, and the fact that most people were expecting the local housing market bubble to burst anyway, pandemic or not, it’s clear where investors are going to hedge their portfolio: gold.Gold and silver are on the rise. Silver&rs...Read More

Is the market heading for another crash? If the recent short sale report by the Investment Industry Regulatory Organization of Canada (IIROC) is any indication, it might be just around the corner. The IIROC produces a bi-monthly report that lists the shares short and the net change in number of shares short for all Canadian exchanges. Rising short sales is a sign of growing bearish sentiment....Read More

Economists, billionaires, and hedge fund managers are painting a gloomy picture, despite the current stock market rally. There’s a mystery happening, because stocks should be tanking in an economic downturn. Somehow, the market behaviour is defying logic.Don’t think you’re the only person noticing the odd situation. Robert Shiller, Mark Cuban, and Leon Cooperman are puzzled as yo...Read More

Simandou holds over two billion tonnes of iron ore reserves and some of the highest grades in the industry (66% - 68% Fe which attracts premium pricing). (Image courtesy of Rio Tinto Simandou) Rio Tinto is in discussions with the UK's Serious Fraud Office (SFO) about a possible deal under which the miner would avoid prosecution on bribery allegations over dealings for the giant Simandou iron mine...Read More

Apart from tech stocks, gold miners have notably outperformed Canadian broader markets this year. Higher gold prices have boosted gold miner TSX stocks by more than 50% so far in 2020.Barrick Gold (TSX:ABX)(NYSE:GOLD), the second-biggest gold miner globally, has been on a solid uptrend recently and has soared approximately 70% this year. It hit an eight-year high on July 27 and closed at $40.Barri...Read More

Winter drilling at Colomac, NWT. Image from Nighthawk Gold. Nighthawk Gold (TSX: NHK; US-OTC: NIMZF) has released an updated resource estimate for its Colomac gold deposits as well as a maiden underground resource for the Damoti deposit, 28 km to the south, which lie within the company's wholly-owned, 899-sq.-km Indin Lake gold property in Canada's Northwest Territories, about 200 km north of Ye...Read More

Jul 28, 2020 Guest(s): Steve Hanke Professor of Applied Economics, Johns Hopkins University As China closed down a U.S. consulate in Chengdu last week, everyone is watching rising geopolitical tensions between the world's two largest economies.Steve Hanke, professor of applied economics at Johns Hopkins University, said that relations between the U.S. and China are not going to improve in the sh...Read More

1. Gold has arrived at significant resistance in the $1900-$2000 zone. Investors need a solid plan of action to deal with the intense volatility that is currently enveloping the market.2. Please click here now. Double-click to enlarge this December futures gold chart.3. In 2011, a key futures contract traded at about $2000. That's a significant round number, and the gold pric...Read More

Pure Gold's Red Lake mine site. Image from Pure Gold Mining. Pure Gold Mining's 30,000-metre program at the PureGold Red Lake mine in northwestern Ontario has returned high-grade results from underground, which extend near-term stopes and suggest new zones of gold mineralization.The company's latest release includes the assays for nine holes; drill highlights include 10 metres of 12.8 g/t gold,...Read More

Nexa's Aripuan?? will be the largest mine in the state of Mato Grosso. (Image courtesy of Nexa Resources.) Global technology company ABB is partnering with Nexa Resources, one of the world's top zinc producers, to provide state-of-the-art industrial automation systems at Nexa's existing and planned operations. The first step will include modernizing the company's existing mining and smelting p...Read More

Here are five Fastmarkets stories you might have missed on Tuesday July 28 that are worth another look.Brazilian long steel producers have announced an 8% domestic rebar price increase for September after having already raised their prices by around 10% in July, sources told Fastmarkets this week.After successfully taking advantage of...Read More