Gold breaks below the $1140 mark (last at $1133) as good economic news out of the US causes further selling in the yellow metal. A quieter Friday but a look at a few of the mining releases out today with some additional comments. Metanor Resources – (MTO:TSXV) – Metanor has released fourth quarter production results… Continue Reading
Via Energy and Gold.com: Whole Foods (WFM) has spent the last couple of months forming a pretty impressive bottoming pattern. Today the stock was up 2.02% and posted its first close above the 50-day simple moving average since March: WFM looks like an attractive long setup for the following reasons: Clear bullish momentum divergence… Continue Reading
A look at a few of the more prominent mining releases out on this Thursday morning. NexGen Energy – (NXE:TSXV) – NexGen Energy continues to impress at the Rook I uranium project in Saskatchewan. The first set of results from the 25,000m summer program were released this morning. NexGen after the Fission/Denison merger is the… Continue Reading
Here is the first recorded presentation by new Sabina Gold and Silver (SBB.TO) CEO Bruce McLeod, mining engineer. The presentation was taped at Gwen Preston’s Metals Investor Forum in Vancouver on May 30, 2015. Mr. McLeod was introduced by veteran junior mining analyst John Kaiser, who commented, “at forty cents, [Sabina] is not just a bottom… Continue Reading
Dear CEO.CA readers, The programme for Europe’s largest mining investment forum has just been launched and you can view it online here: http://bit.ly/1OdfDfm Inside we reveal the resource investment titans, revered industry veterans and innovative mining entrepreneurs set to feature at Mines and Money London this Nov 30 to Dec 3. You’ll also gain a glimpse… Continue Reading
A look at a couple mining related news releases that caught my eye this morning. McEwen Mining – (MUX:TSX) – McEwen is out with production results for the second quarter of 39,164 AuEq oz. The El Gallo mine achieved record quarterly production which helped MUX beat guidance by 15% for the quarter. Production was higher as… Continue Reading
Via Energy and Gold.com: The chart of 30-year fixed mortgage rates dating back to the early ’70s is a sight to behold: For the last several years American borrowers have been blessed with the good fortune of historically low Treasury Bond yields which have in turn translated into historically low 30-year fixed mortgage rates (a… Continue Reading
Ok, I admit it. I perjured in a court of law. It was after I ran over a guy. It was in 1985 or 86. I forget. I was 17 or 18. I remember it was raining. I remember the car spinning. I remember I went through a windshield. Supposedly when you go through a… Continue Reading
Via Energy and Gold.com: If the Saudis intention is to damage US shale oil production as they maintain record crude oil outputs despite a more than 50% drop in the price of oil in the last year, the following two charts illustrate that they are achieving their goal: Since March there has been a… Continue Reading
A look at some of the mining headlines out this morning with some additional context on each. Kaizen Discovery – (KZD:TSXV) – Kaizen Discovery has announced that they have received a positive screening review by the Nunavut Impact Review Board for an expanded exploration program at the Coppermine project in Nunavut. Now that the screening… Continue Reading
Via Energy and Gold.com: Last week we highlighted the 3200-3400 area in the Shanghai Composite as a likely support zone from which a dead-cat bounce could begin and that is exactly what has transpired over the last few days: The rebound has been fairly aggressive (20% in 3 trading sessions) and the target area… Continue Reading
Exploration Insights by Brent Cook www.explorationinsights.com Today we begin where our last rant left off. (link) The Rant But then metal prices began to decline, economies slow, and profits slip away. What went wrong this time Dad? Will mining boom again? Don’t hold your breath kid. It’s bleak out there and we have a 10-year… Continue Reading
The last 4 years have seen a +75% sell off in the resource sector, and this veteran mining entrepreneur believes its time to capitalize from the carnage. Henk Van Alphen’s Wealth Minerals (TSX WML.V ) has a plan to build a portfolio of gold projects in stable geopolitical jurisdictions with low exploration risk, attractive grade, and potentially low… Continue Reading
A look at a few of the new releases that got my attention this morning and some additional comments on each. This morning I look at two gold development companies on track for first production in Q1 2016. True Gold Mining – (TGM:TSXV) – True Gold Mining has provided an update on the construction of… Continue Reading
Today, mining and oil & gas companies constitute 71% of the TSX-Venture exchange by listings, but only 52% by market cap – – contrast that with 2011 when those same companies represented 69% of listings, but 81% of market cap, and that is a drastic change! We talked to John McCoach, President of the TSX-Venture… Continue Reading
