Talisker Resources Ltd. is pleased to announce that drilling hasRead full newsRead More

Gold prices edged lower on Tuesday after a long winning streak since the start of 2020. As riskier assets like gold stocks gained traction, Canadian junior gold miners have a reason to be optimistic.   Gold prices moved lower, and continued to trade sideways unable to break down, after reaching a 7.5-year high last week. Prices fell below support near the 10-day moving average at $1732, whi...Read More

For investors focused on growth, investing in the shares of Lundin Mining (TSX:LUN) for the long term can fetch exceptional returns. Lundin Mining is a diversified base metals mining company that owns five mines in the low-risk and safe regions.Moreover, the company maintains a strong balance sheet and has a low leverage profile, implying it can survive the current crisis. The COVID-19 o...Read More

1. Gold drifts sideways in typical weak season trading, silver looks better, and the miners look awesome!2. Please click here now. Double-click to enlarge this gold chart. It's clear that both upside and downside breakouts are failing, and the gold price continues to ooze sideways.3. A rectangle pattern is in play. The good news is that basis the Edwards and Magee technica...Read More

I used to live in a tent, down by a lake...It wasn't much to brag about, but I had everything I needed: a cot, a lantern, and a small transistor radio.But after a while squatting in my tiny little tent, I realized that I couldn't live like that forever. I had dreams, damn it. Like owning my own home, entertaining guests, and cooking fancy meals. Perhaps one day I would even have a vacation home on...Read More

Lundin Gold's Fruta del Norte gold project in the Cordillera del Condor near Loja, Ecuador. Credit: Lundin Gold. BMO Capital Markets will buy 4.15 million common shares of Lundin Gold (TSX: LUG) at C$12.05 per share in a bought deal financing that will raise C$50 million for the Vancouver-based gold miner. The deal includes an overallotment option for up to 15% of the offering.Newcrest Mining...Read More

A historic headframe at Maple Gold Mines' Douay gold property in northern Quebec. Credit: Maple Gold Mines. Drilling within the Porphyry zone at Maple Gold's 355-sq.-km Douay project in Quebec has intersected mineralization within current conceptual pit shells outside of the existing resource model.The company has released assay results for two holes; drill highlights include 17 metres of 1.91 g...Read More

A drill site at Ascot Resources' Premier project. Credit: Ascot Resources. Ascot Resources has announced a C$25 million bought deal, led by Desjardins Capital Markets and Stifel GMP.The underwriters have agreed to purchase 29.4 million shares of the company at C$0.85 per share for gross proceeds of C$25 million. They have an over-allotment option, exercisable within 30 days of closing, to purcha...Read More

Palladium One Mining's Lantinen Koillismaa (LK) project in northern Finland. Credit: Palladium One Mining. Palladium One has traced a new drill target within its wholly owned Lantinen Koillismaa (LK) project in Finland, 190 km northeast of Oulu.The latest target is within the Haukiaho East induced polarization (IP) survey grid, which covers 1.6 km within the 17-km-long prospective Haukiaho tren...Read More

1. Gold drifts sideways in typical weak season trading, silver looks better, and the miners look awesome!2. Please click here now. Double-click to enlarge this gold chart. It's clear that both upside and downside breakouts are failing, and the gold price continues to ooze sideways.3. A rectangle pattern is in play. The good news is that basis the Edwards and Magee technica...Read More

Here are five Fastmarkets stories you might have missed on Wednesday May 27 that are worth another look.The annual sitting of the National People's Congress of the People's Republic of China and the Chinese People's Political Consultative Conference - widely known as the 'twin sessions' - in Beijing released a series of stimulus packages for the development of China's economy amid the Covid-19 pan...Read More

Three-month prices for base metals on the London Metal Exchange, except aluminium, closed in negative territory after trading on Wednesday May 27, with futures prices capped by risk-off sentiment created by reignited tensions between the United States and China.Tensions have flared between the two countries over China's proposals for new security laws in Hong Kong, pointing to a further deteriorat...Read More

Fastmarkets has corrected its daily assessments for the nickel arbitrage, in the base metals arbitrage SHFE versus LME calculation, which were published incorrectly on Tuesday May 26 due to an input error.The assessment for the nickel import arbitrage $/tonne was wrongly published as -$188.49 per tonne on May 26 and should have been $194.25 per tonne.The assessment for the ...Read More

Weekly Reports |May 26 2020A report of significant reduction in US uranium production over 2019 and into 2020 had uranium spot prices back on the move again last week.-Big reduction in US 2019 production of uranium-Big reduction in US March quarter 2020 production-Kazatomprom still in lockdown-Spot price hits a four-year highBy Greg PeelAccording to a report released by the US Energy Information...Read More

Keith WeinerPosted May 27, 2020Suppose you wanted to run an enterprise the right way (we know, we know, this is pretty far-out fiction, but bear with us). And, your enterprise has a $1 million dollar piece of equipment that wears out after 10 years. You must set aside $100,000 a year, so that you have $1 million at the end of 10 years when the equipment needs replacing. There’s a word, now a...Read More

Futures indicate a similar result today.The World Health Organisation said there were more than 99,000 new cases reported yesterday, taking the global tally to almost 5.5 million and there had been 349,190 deaths.Base metals closed mainly lower in London yesterday as data out of China indicated its slow recovery was continuing."However, profits at state-owned enterprises dropped 46% in the first f...Read More

Here are five Fastmarkets stories you might have missed on Wednesday May 27 that are worth another look.The annual sitting of the National People's Congress of the People's Republic of China and the Chinese People's Political Consultative Conference - widely known as the 'twin sessions' - in Beijing released a series of stimulus packages for the development of China's economy amid the Covid-19 pan...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce the acquisition through staking of six new uranium exploration properties totaling over 57,000ha in the prolific Eastern Athabasca Basin of Saskatchewan (Figure 1). All of the new claims are 100% owned by IsoEnergy.New Property Summary:Hawk: 6,000ha located 37km west of Larocque East, home of the Hurricane Zon...Read More

A study of the often overlooked E&C sector by Citi, an investment bank, found that leading Australian mining service providers such as Monadelphous and NRW Holdings have been oversold on the stockRead More

By: Gary SavageI warned you about this situation. Gold's option expiration on Tuesday. Usually see an attack. The triangle consolidation pattern was blocked and not allowed to get follow-through, the technical will transform into a box:https://blog.smartmoneytrackerpremium.com/Read More