The dream of building a new world-class copper-gold mine in Pakistan in an area bordering Afghanistan and Iran has been dashed, for now at least. The saga of Tethyan Copper Co's (TCC) efforts to develop the Reko Diq mine found resolution last week with an International Centre for Settlement of Investment Disputes (ICSID) ruling in favor of TCC following a dispute that has rumbled on for years.TCC,...Read More
The London Metal Exchange has just finished its trial to calculate nickel prices using a volume weighted average price (VWAP) method on the exchange's electronic trading platform. If early indications are anything to go by, metals market participants did not embrace this method of price discovery in the way some had anticipated. For three months since Monday March 18, closing prices for nickel car...Read More
- David HaggithNews of significant recessionary drops in the US became as relentless this past week as the ping, ping, pang of drips from a leaking ceiling hitting pans in the New York Stock Exchange. I've been saying you would hear the sounds of recession everywhere as soon as the second-quarter earnings reporting season began this summer. Here we are, and here's a list of the week's downbeat...Read More
- RambusA big impulse move that we are currently experiencing right now in the PM complex is separated by several small consolidation patterns that make up the entire impulse leg. Its these small consolidation patterns that give life to a big impulse move because without these little rest stops along the way the impulse move would burn itself out. One should welcome and anticipate these small co...Read More
The United States Secretary of Commerce has joined the growing chorus of voices questioning the current method of setting the US Midwest aluminium premium. Wilbur Ross said the US Midwest aluminium premium is at inflated levels that do not justify the cost of transportation and logistical handling costs that it was originally designed to reflect. His view is being echoed by a number of...Read More
Egon says once undervalued and depressed silver breaks-out, the price will explode. Here's why...by Egon von Greyerz of Gold SwitzerlandCONFIDENCE AND EUPHORIA WILL TURN TO FEAR AND DESPAIRInvestors today have Hobson's Choice. But they still don't understand the options open to them.Thomas Hobson had a livery stable of 40 horses in Cambridge in the 16th-17th centuries. But customers only had a cho...Read More
Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Email | Stitcher | RSSMetals & Markets: Silver whale hunting time...by James Anderson of SD BullionSilver, at last, shows its shiny upside strength, as gold also flexed its spot price this week.The silver spot price blasted up to close the week around $16.25 oz, about a full Fed Note higher than it closed last week. Keep a...Read More
One of the biggest Social Security mistakes I see people make is claim their benefits too early. According to the Center for Retirement Research at Boston College, 60% of seniors are applying for social security benefits before full retirement age. If you turned 62 last year, your full retirement age will be 66 years and six months. Full retirement age will continue to increase in two-month increm...Read More
"This gold-related ETF is crushing the stock market's gains in 2019 - and analysts say the metal has room to run https://t.co/wXVTIvacub"Read full newsRead More
"VIDEO - Our editorial director shares content highlights from the week of July 15 to 19, 2019. If you missed a story this week, now's the time to catch up and get informed. To watch the update click https://t.co/W4lzXDzRja #resource #cannabis #lifescience #tech"Read full newsRead More
Opportunity for new discoveries lies beneath the surface in Western Australia's Pilbara gold region, the nation's top mining jurisdiction.Read full newsRead More
A prefeasibility study estimates that 580,490 ounces of gold will be mined at the asset in its initial six years of life.Read full newsRead More
The price jump has seen dozens of miners and juniors post 52-week highs on the TSX and TSXV Canadian stockmarkets (see list below), while gold financings have also taken off and taken advantage of theRead More
Previously head of strategy, government and communications for Europe, Asia and Africa at ASX-listed Orica, the world's biggest manufacturer and supplier of mine explosives, Manook has more than 25 years' experience managing corporate affairs, investor relations and business strategy in the oil and gas, mining and infrastructure industries."While Michelle is new to the coal industry, she has exten...Read More
Australia, Canada, Mexico and southern Africa, all key mining markets historically for the Swedish pair, are expected to see robust investment in underground fleet over the next 12 months.Epiroc, the former mining and tunnelling equipment arm of Atlas Copco AB, last week reported a 4% "organic" decline in June quarter orders, compared with the same period in 2018, to SEK10,553 million (US$1.12 bil...Read More
By: Ira EpsteinGold bias is up, weekly still up $14 on the week, not bad. $1,387.50 swing line:Read More
Dear Friend of GATA and Gold:At least the Financial Times now has come clean about its hostility to gold -- as well as to free markets and elementary journalism.This weekend GATA's friend Chris Kniel of Orinda, California, sent to the newspaper's chief economic columnist, Martin Wolf, the excellent summary of gold and silver market manipulation just written by Bullion Star gold researcher Ronan...Read More
In the first segment of my latest Howestreet.com interview, I explain why we are looking at financials such as Canadian Western Bank (Mostly Sunny; CWB) and AGF Management (Sunny; AGF) for clues as to when we might see a turnaround among lagging small-cap oil & gas stocks. This is a theme we have discussed in recent morning reports on CWB and on Yangarra Resources (Mostly Sunny; YGR). In the inte...Read More
While the short positioning in Paramount Resources (Mixed; POU) remains off its peak seen in mid-May, short bets against the stock remain highly elevated. The stock has recently pulled back from a rally off its June lows and short sellers seem generally content to hold on to their bets for a stock breakdown.A notable change in our Top 10 most shorted list this week is the disappearance of Stingra...Read More
By: Ira EpsteinGold bias is up, weekly still up $14 on the week, not bad. $1,387.50 swing line:Read More