Going into 2020, financial markets have been on a strong run, and in both Canada and the U.S., markets are at or near all-time highs. While 2019 was a great year for the markets, the question of what will happen in 2020 looms large.Many investors believe that a recession– or at least a fairly sized correction in financial markets to bring valuations back down slightly — is imminent. Wh...Read More

Gold is widely considered to be one of the best opportunities for investors going into 2020, as many of the reasons for gold’s price to appreciate are present. This has already caused a major increase in the price of the precious metal in 2019 and, consequently, a number of the mining companies, too.Some of the most widely known gold-producing majors have led the way, while some of the lesse...Read More

Canadian savers are starting to line up their RRSP investments for the coming year and many people are wondering whether gold stocks are attractive picks right now.Let’s take a look at the current situation in the gold sector to see if the gold miners deserve to be on your RRSP buy list in 2020.OutlookGold picked up a nice tailwind in recent weeks, climbing back above US$1,500 and appears se...Read More

Gold has firmed once again as uncertainty regarding the health of the global economy grows once again. The yellow metal has soared to over US$1,511 an ounce to be up by 18% since the start of 2019.There are signs that gold will firm further and could break through US$1,600 per ounce before the end of 2020. If that occurs, it will be a boon for gold miners, with beaten-down Kinross Gold (TSX:K)(NYS...Read More

Goldboro project, Nova Scotia. Photo by Anaconda Mining Anaconda Mining (TSX: ANX; US-OTC: ANXGF) has updated the mineral resource at its wholly owned Goldboro gold project in Nova Scotia.Measured and indicated resources now stand at 4.1 million tonnes grading 5.3 grams gold per tonne for 698,600 contained oz. gold. Inferred resources add 3 million tonnes grading 7.09 grams gold per tonne for 68...Read More

Mary River mine site. (Image by Baffinland Iron Mines Corporation). The Workers' Safety and Compensation Commission filed 16 charges in the Nunavut Court of Justice against Baffinland Iron Mines Corporation accusing the company of failing to keep safe a main road used to haul iron ore, which caused the death of a 63-year-old truck driver.The accident took place in December 2018, when Tony Anker w...Read More

Treaty Creek property. Photo courtesy of Teuton Resources. Vancouver-based miner Tudor Gold (TSXV: TUD) announced Monday that it has completed a non-brokered private placement of approximately 4.2 million common shares at a price of C$0.70 per share for aggregate gross proceeds of C$2.93 million.Nearly all the common shares offered under the placement (approximately 4.1 million shares) were acqui...Read More

The benchmark three-month nickel price on the London Metal Exchange was the standout of the base metals complex, continuing to edge higher at the close on Monday December 30 and ignoring rising stock levels. The nickel price closed at $14,315 per tonne, up $105 from Friday's close. It traded in a $200 range throughout the day, earlier hitting a high of $14,365 per tonne. Despite being the only bas...Read More

The discount for copper scrap imported into China has narrowed in December because Chinese consumers returned to the spot market to fill quotas granted for the first quarter of 2020. Fastmarkets assessed the copper scrap No2 copper (birch/cliff) imported into China 94-96%, LME/Comex discount, cif China at 35-40 cents per lb on Monday December 30. That compared with 38-40 cents per lb a month...Read More

Quebradona project. (Image courtesy of AngloGold Ashanti).The mayor of the Jeric?? municipality in Colombia's Antioquia department said on Monday that his office's proposal to modify the Territorial Planning Structure to protect the area surrounding the Quebradona mining project had failed at city council.Talking to Caracol Radio, Mayor Jorge P?(C)rez said that both the federal government and Que...Read More

The spot lead concentrate treatment charge (TC) dropped in December in the first downward movement for six months.Lead concentrate TCs had tripled over the past half-year as an arbitrage that enticed Chinese buying for years finally closed. Fastmarkets assessed lead spot concentrate TC, high silver, cif China at $150-170 per tonne on December 27, down from $170-185 per tonne in November but u...Read More

Guanajuato Mine Complex. (Image courtesy of Great Panther Mining). Great Panther Mining (TSX: GPR) announced that its Mexican subsidiary Minera Mexicana El Rosario entered into a $10-million concentrate prepayment agreement with IXM Group, one of the world's largest physical metal traders, headquartered in Geneva, Switzerland.The deal entails that IXM's subsidiary in Mexico commits to purchase 10...Read More

Jack ChanPosted Dec 30, 2019Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Gold sector as represented by $HUI is on a short-term BUY signal.Short-term signals can last for weeks and are more suitable for traders.Speculation remains high despite the recent pullback.Speculation is at a reasonable level to resu...Read More

Ahead of the herd is a very informative site that we recommend for exploration and mining stocks investors. The following download is well worth your time. Don't just scan it, read it. As always, the Mr. Mills' analysis is superb and very comprehensive. https://aheadoftheherd.com/Newsletter/2019/Hi-yo-Silver-Away.htm?utm_source=Ahead+of+The+Herd&utm_campaign=333827f6b3-EMAIL_CAMPAIGN_2019_12_28_07...Read More

The spot lead concentrate treatment charge (TC) dropped in December in the first downward movement for six months.Lead concentrate TCs had tripled over the past half-year as an arbitrage that enticed Chinese buying for years finally closed. Fastmarkets assessed lead spot concentrate TC, high silver, cif China at $150-170 per tonne on December 27, down from $170-185 per tonne in November but u...Read More

The assessment for ferro-nickel with 26-32% nickel content in China fell to a discount of $1,100-1,300 per tonne on Monday December 30, its lowest level on Fastmarkets records and down 71.4% from last month. Fastmarkets' ferro-nickel premium/discount, 26-32% Ni contained, cif China is now at its biggest discount since the launch of the assessment on January 25, 2016. Market participants attri...Read More

Production at Norsk Hydro's Paragominas bauxite mine in the Brazilian state of Par?? has resumed following the repair of an overturned transmission tower, allowing the Alunorte alumina refinery to ramp up, the Norwegian company said on Saturday December 28.Bauxite and, consequently, alumina production had been restricted since December 19, when a transmission tower at Paragominas fell and power su...Read More

Key data from the pricing session in Shanghai in the week to Friday December 27. China Key drivers:  The export price range for Chinese silicon 5-5-3 moved up by 1% from the previous week due to tight supply. Chinese producers have significantly decreased their output over 2019 in response to unfavorable...Read More

Craig HemkeWith just one, holiday-shortened day to go, it appears that Comex gold and silver will actually finish 2019 with "the best annual gains since 2010". That was a bold forecast when we made it back in January. That it has turned out correct brings more relief than satisfaction.As we move to wrap up 2019, here's one last look at this year's primary guide. Recall that we had "The Generally...Read More

By: Gary SavageSo many gold analysts have no idea what they are doing. So many people missed the baby bull. Gold miners are leading..http://blog.smartmoneytrackerpremium.com/Read More