Peter Krauth, editor of Gold Resource Investor, delves into gold's recent price movements and discusses whether now is a good time to buy gold and gold stocks. People...relax. It's a correction. If you're a serious gold investor, then I sympathize. If you're freaking out, then this is not for you. If you're anxious, then you need to check your premises. After all, what's changed since gold reache...Read More

Results of standout hole LV21-289, drilled in El Rubi prospect at Silver Viper Minerals' La Virginia project, are "very encouraging." Silver Viper Minerals Corp. (VIPR:TSX.V; VIPRF:OTCQB) announced in a news release results of the latest six holes drilled in the El Rubi prospect of the La Virginia project in Mexico, highlighting the significance of hole LV21-289.The hole, intersecting three main...Read More

Goldcliff Resource Corp. reported that via an option agreement it has acquired a large land position in the Ainsworth silver district in southern British Columbia. Goldcliff Resource Corp. (GCN:TSX.V; GCFFF:OTCBB) reported in a news release that it has "acquired by way of an option to purchase a large land position of additional claims and crown grants in the historic Ainsworth silver camp, near...Read More

Defense Metals Corp. reported that its 26-tonne pilot plant has been successful in removing impurities from flotation concentrate with only minimal rare earth element losses at its Wicheeda REE property. In a news release, Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE)) reported that it has "received additional pre-pilot hydrometallurgical test work utilizing high-grade rare earth elemen...Read More

Bunker Hill Mining Corp. reported that it intercepted near-surface mineralization of 1,206 g/t silver equivalent at the UTZ area of its Bunker Hill Mine. Bunker Hill Mining Corp. (BNKR:CSE; BHLL:OTCMKTS) reported in a news release, that "it has intercepted high grade silver mineralization in the UTZ area of the Bunker Hill Mine, with a silver equivalent grade of 1,206 g/t Ag eq."The company poin...Read More

Riley Gold increases its North American presence through its dual listing, now on the OTCQB and TSX venture exchanges. Riley Gold Corp. (RLYG:TSX.V; RLYGF:OTCQB) began trading today on the OTCQB Venture Market in the U.S. under the symbol RLYGF, it announced in a news release. "The listing of our shares on the OTCQB is an important milestone for the company and a means of enhancing our visibility...Read More

Gold has been taking a beating in recent weeks, the sell-off prompted by rising bond yields which are taking the shine off the yellow metal. Higher interest rates diminish the argument for owning gold, which offers no yield.On Wednesday, Feb. 24, spot gold dropped to $1,784.60 an ounce, just shy of $1,783.10 reached on Feb. 21, its lowest since July, 2020. The gold price climbed $342, or 22% last...Read More

There is a sense that we are close to asignificant move in silver. The current season since August 2020 till now, isshaping up in a similar manner to the season of August 2019 to February/March2020.Silver as well as the stock market peaked inFebruary 2020, and crashed significantly into March.Below, is a chart of silver (top) and theDow (bottom): On the silver chart, I have indicated howthe curren...Read More

Following a necessary correction,the gold miners’ stocks have spent much of recent months bottoming.  This healthy basing process is rebalancingsentiment, preparing the way for this sector’s next bull-market upleg.  That is looking to coincide with gold stocks’spring rally, one of their strongest times of the year seasonally.  That stiff tailwind blowing behind bul...Read More

Brazilian iron ore exports increased by 10.9% in February versus the corresponding month in 2020, with a significantly higher average price, according to data released by the country's economy ministry on Monday March 1.Brazil exported 24.05 million tonnes of iron ore in February, up from 21.69 million tonnes in the same month last year, according to the ministry.Vale, the world's largest producer...Read More

The recent FOMC minutes are hawkish and negative for the price of gold, but the Fed will remain generally dovish for some time.Last week, the Federal Open Market Committee (FOMC) published minutes from its last meeting in January . They reveal that Fed officials became more optimistic about the economy than they were in December. The main reasons behind the more upbeat economic projection were the...Read More

As competition in the global steel markets remains fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in February 2021.The case list below includes only updates. For other continuing cases this year,...Read More

The narrow trading range in stocks continues, and theshallow sideways correction will eventually resolve itself with another upleg.The signs are countless, and the riskier part of the credit market spectrumagrees. As money flows from the Tresury markets, and sizable cash balances aresitting on many a balance sheet, there is plenty of fuel to power the S&P500 advance. With volatility in the tam...Read More

This boulder could be an indication of anexciting development in the lithium market.Why?Processed, that boulder is an importantingredient to power rechargeable batteries for electric vehicles like Teslas,BMWs, Mercedes, Volvos, Cadillacs, Hummers and a lineup of new entrants to theEV frenzy.And with demand for lithium in Europeprojected to rise 60X in the coming decade... This find couldn’t...Read More

Gold continues to wallow near its recent low price level, near $1765.  Silver has continued to trend moderately higher – but still has not broken out to the upside.  Many analysts have continued to estimate when and how metals will begin the next wave higher.  My research team and I believe we’ve found some answers to these questions and want to share our research.Silver...Read More

Here are five Fastmarkets stories you might have missed on Tuesday March 2 that are worth another look.The London Metal Exchange has received a significant rise in objections to its closing prices since trading on the LME Ring was halted in March 2020, new data released by the exchange...Read More

Just kidding. Warren Buffett’s Berkshire Hathaway may or may not own copper stocks. I did not dig deep enough to find out. For the purposes of this post it does not matter.With the Buffett Buys a Gold Stock! hysterics last summer, the subsequent (and inevitable) fallout and the Buffett Pukes a Gold Stock! resolution, you never know. It’s worth asking the question about what sort of inv...Read More

A summary of base metals premiums from across the globe for the week to Tuesday March 2.Please click on the thumbnail...Read More

Lithium-ionis about to take on a lot more significance. This is not about your iPhone anymore. It’s not even just about your electricvehicle. Lithium-ion batteries will power a large part ofour world in the future and are now an important aspect of amulti-trillion-dollar energy transition. That makes the world’s handful of lithium producersnow finally a hot item to...Read More

Prices for steel scrap in the principal Mexican markets decreased sharply in the week ended Friday February 26, amid increases in inventories and a wider gap between prices in the various regions.Fastmarkets' weekly steel scrap assessments for Mexico fell sharply in nine grades, with a number of steel producers reducing prices in all regions, and also reflecting price cuts announced recently but t...Read More