After rallying $70 in less than a week gold now finds itself in no man’s land, essentially equidistant from the nearest major support and resistance levels: Click to enlarge Now that gold has achieved the $1420-1425 target which we projected several times during the past month it is worth reviewing the past few months of market… Continue Reading

Read: What were 2 Shluchim doing on the floor of the New York Stock Exchange? Shared by: Jeb Handwerger

As trading begins in Asia gold is surging above $1400: Click to enlarge Syria is the obvious catalyst, however, we must remember that we are in a very bullish time of the year for gold: The bulls have the wind at their back and dips are likely to continue to represent buying opportunities – next… Continue Reading

Dr. Mark O’Dea’s True Gold Mining (TGM:TSX) continues to have drilling success at its Liguidi project in Burkina Faso and is being rewarded in the markets for it, with the stock up 15% at the time of writing.  The company released more assays from its current drill campaign which returned “widespread near-surface gold mineralization and expanded… Continue Reading

The garage sale is well underway over at Barrick (ABX:TSX).  The company has agreed to sell its Yilgarn South Assets in Australia to Gold Fields (GFI:US) for a $300 million.  The Yilgarn assets are comprised of three mines; the Granny Smith, Lawlers and Darlot mines which produced an aggregate of 452,000 ounces of gold at… Continue Reading

Serafino Iacono’s Gran Colombia Gold. (GCM:TSX) announced continued strong production out of its underground operations at Segovia and Marmato in Colombia. The company produced 9,441 ounces of gold and 10,784 ounce of silver in the month of July which brings year-to-date production to a total of 60,942 ounces of gold and 89,201 ounces of silver.… Continue Reading

Torex Gold (TXG:TSX) released the final batch of results from its Media Luna target at the Morelos Gold Project in the Guerrero Belt in Mexico.  The company expects to release a maiden resource by mid-September on the Media Luna zone.  Highlights of the final holes include 19.9m of 11.56 gold equivalent (8.17g/t gold, 24.53g/t silver and… Continue Reading

“As for Peak Gold, if that does indeed turn out to be behind us, the big, bulk-tonnage low-grade deposits that are falling out of favor today will become prime assets in the future. It’ll either be that or go without.” Read: Peak Gold | Casey Research 

Dr. Mark O’Dea’s True Gold Mining (TGM:TSXV) continues to drill good heap leach gold intercepts and this morning announced assay results from a recent 9 hole campaign at the Watinoma zone of the Karma gold project in Burkina Faso.  The company twinned a couple previously drilled RC holes and encountered the same widths with improved… Continue Reading

In the world before Brazilian billionaire, Eike Batista fell from grace, CB Gold (CBJ:TSXV) was a market favorite.  Prior to Batista losing the vast majority of his wealth due, in part, to the commodity price decline as well as some unhealthy personal leverage, Colombian gold juniors had a bid.  In February 2011, after a few… Continue Reading

After successfully acquiring the Masbate Mine as part of their buyout of CGA Mining, it appears Clive Johnson and his team may be looking for more assets to buy.  This morning B2Gold (BTO:TSX) announced a US$225 million offering of senior subordinated convertible notes due in 2018.  The company currently has $95 million cash with an additional $100… Continue Reading

Gold has rallied over $100 in the last two weeks, surprising the bearish herd and reinvigorating gold bulls with confidence that further price appreciation is imminent. However, gold is now short term overbought and may be due for a rest as price approaches important support/resistance near $1400: Click to enlarge This week the FOMC minutes… Continue Reading

By James Kwantes, World of Mining Rebalancing, Part 2: Signs of life (click here for part 1) In my last post, I detailed the positions that I’ve sold (Amerigo Resources, Sandstorm Gold/Metals & Energy) or dramatically reduced (Lumina Copper) in the past couple of months. This post takes a closer look at stocks I’ve purchased… Continue Reading

Pretium Resources (PVG:TSX) released more stellar high-grade results from its Brucejack project  located 65km north of Stewart, BC.  The results come from the resource zone known as the Valley of the Kings which hosts the company’s world-class 6.6 million ounces of gold at an average grade of 13.6g/t gold.  The Company is currently performing an… Continue Reading

Many mining & resource stocks have been forming highly constructive basing patterns for the better part of 2013. As gold and commodities in general move higher with these markets entering a seasonally bullish period, I have selected a few of the most attractive and actionable charts: Click to enlarge Gold (weekly) See also: The Dumb… Continue Reading