Dual-listed Galantas Gold (TSX, LON:GAL) is expanding capacity of the processing plant at its Omagh mine in Northern Ireland, with the goal of producing 2,000-2,5000 ounces of concentrate per month in the 2020-21 financial year.The company, which is already running an extended dayshift, plans to add a second milling shift late in the June quarter. More shifts will be added in the September quarter...Read More
Jan van Eck's strategy is to find a twilight zone midway between active and passive management. The result: hot funds that dare to be different.Read full newsRead More
CABORCA, Mexico, Mar 25, 2019 (GLOBE NEWSWIRE via COMTEX) -- Mexus Gold US (otcqb:MXSG) (Read full newsRead More
British Columbia Investment Management Corporation says it will vote against the proposed merger of Goldcorp (TSX: G; NYSE: GG) and Newmont Mining (NYSE: NEM) due to Goldcorp's decision to award its chairman, Ian Telfer, a US$12 million retirement allowance.BCI, which provides investment management services to B.C.'s public sector and has about $145.6 billion under management, says the retirement...Read More
Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video Analysis SF60 Key Charts, Signals, & Video Analysis SF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisMarch 26, 2019Morris HubbarttUnique Introduction For Website Readers: Send me an email to signals@superforcesignals.com and I'll send you my free "...Read More
The last year was a tough time for platinum miners. The durable white metal, which, in the runup to the Global Financial Crisis by mid-2008, was trading at over US$2,150 an ounce, has fallen sharply to be worth US$863 per ounce and down by almost 10% for the year to date. There are signs that platinum is due to break out of its long-term slump and move higher, which will be a boon for platinum min...Read More
Gold remains firm, trading at over US$1,300 per ounce as fears of a looming U.S recession permeate financial markets. The inversion of the yield curve last week, where short-term treasury yields exceed long-term yields, indicated to many pundits that an economic downturn is on its way. This has sparked considerable interest in gold miners with gold long-viewed as the ultimate safe haven asset.One...Read More
With news of a yield curve inversion stoking fears of a recession south of the border, and discontent with Brexit machinations rattling an already uncertain Eurozone, it seems that fear in the markets is set to be a permanent feature of 2019's investment landscape. Indeed, with some analysts even suggesting a full-on bear market may be around the corner, it could be time to look at some big-name d...Read More
There has been a flurry of activity in the gold patch this winter. It all started with January’s announcement that Newmont Mining (NYSE:NEM) would acquire Goldcorp (TSX:G)(NYSE:GG) in a friendly takeover worth $10 billion.The combined company would be the largest gold company in the world, surpassing current title holder Barrick Gold. Not to be outdone, Barrick upped the stakes, making an $1...Read More
The news headlines explained the sudden jump in the S&P futures this morning by stating that "recession fears had faded." Just like that. Overnight. I guess the fact that the housing starts report showed a 9% sequential drop in housing starts last month and and a year-over-year 10% plunge means that the housing market is no longer considered part of the economy.That report was followed by a hi...Read More
This is the second major Kazakh listing of the past five months, after Kazatomprom joined the LSE with a 15% float in November.Read More
A 76-kg gold-rich specimen from the Beta Hunt mine in Western Australia. Source: RNC Minerals.RNC Minerals [RNX-TSX; RNKLF-OTCQX], aka Royal Nickel Corp., shares were active Tuesday March 26 after the company announced a $12 million bought deal financing, and a purchase option on a gold processing facility in Australia.RNC said the potential purchase of the Higginsville mill and mining operation...Read More
Underground test mining at the Fortune Minerals NICO Project, Northwest Territories. Photo courtesy Fortune Minerals Ltd.Fortune Minerals Ltd.'s [FT-TSX; FTMDF-OTCQX] previously announced plan to build a metals processing facility in Saskatchewan has been hit with a setback after the company's application to change the zoning on the project site was rejected by the local municipality.The rezoning...Read More
Boom: There it is, the inverted yield curve, the sign of the fiscal apocalypse.But what is the inverted yield curve, and what does it mean?Do you remember what 2008 felt like? We were in the depths of the Great Recession, which was gripping the American economy by the throat...Hundreds of thousands of workers had lost their jobs, packing years of memories in a cardboard box and doing the corporate...Read More
Novo Resources Corp. (TSX-V: NVO; OTCQX: NSRPF), a Canadian gold exploration and development company, has built up a significant land package covering approximately 12,000 sq km with varying ownership interests in the Pilbara region of Western Australia. We learned from Dr. Quinton Hennigh, President and Chairman of NOVO Resources Corp., that they are looking for world-class large-scale conglomera...Read More
West Red Lake Gold Mines Inc. (CSE: RLG, OTCQB: RLGMF, FSE: HYK) has assembled a 3100-hectare property, which has a 12 kilometer strike length and 3 former gold mines, in the prolific Red Lake Gold District of Northwestern Ontario, Canada. At PDAC 2019, we learned from John Kontak, who is the President of West Red Lake Gold Mines, that, in 2018, they drilled below the 500 meters of the resource ar...Read More
RNC Minerals (TSX: RNX; US-OTC: RNKLF) has entered an A$50 million purchase option agreement with Westgold Resources (ASX: WGX; US-OTC: WTGRF) to buy the Higginsville Gold Operation in Western Australia's Kalgoorlie region.RNC will pay A$4 million in shares for an exclusive 40-day due diligence period. If it exercises its option, the deal would close 30 days later, and RNC would pay Westgold a fur...Read More
Reverse circulation (RC) drilling to the north of the Dark Star deposit at Gold Standard Ventures' (TSX: GSV; NYSE-AM: GSV) Railroad Pinion project in Nevada's Carlin Trend has intersected thick zones of oxide gold.Drill hole DR19-15 returned 22.9 metres of 1.92 grams gold, including 13.7 metres of 3.04 grams gold, and drill hole DR19-26 intersected 16.8 metres of 2.58 grams gold. The two step-out...Read More
British Columbia Investment Management Corp. says it will vote against the proposed merger of Goldcorp (TSX: G; NYSE: GG) and Newmont Mining (NYSE: NEM) due to Goldcorp's decision to award its chairman, Ian Telfer, a US$12-million retirement allowance.BCI, which provides investment management services to B.C.'s public sector and has $145.6 billion under management, says the retirement allowance is...Read More
It looks like the Fed has finally reached the point where it should admit that, despite all its efforts, it can't put the economy back together again.All of its efforts and actions over the last 10 years need to be second guessed right now.Economic indicators are flashing red. We're looking at a significant moment with yield curve inversions, and there are few tools left for the Fed to deploy.The...Read More