Sweden's Deputy Minister of Foreign Trade and Promotion Niklas Johansson said this week that his country is interested in helping Peru develop its lithium mining industry.According to Johansson, Sweden has become lithium-thirsty due to an increase in demand for electric cars, bolstered by government efforts to reduce carbon emissions and promote clean energy solutions.EVs' batteries have an interc...Read More
Goldspot Discoveries (TSXV: SPOT) announced Friday a signed service agreement with Pacton Gold (CVE: PAC) to use Goldspot's A.I. and machine learning tools to evaluate and identify possible mineral and drill targets on Pacton's Red Lake, Ontario property. "We believe Red Lake's ground is ripe for a technological revolution" - Goldspot CEOGoldspot has been granted a 0.5% smelter roy...Read More
West Africa-focused junior gold miner Toro Gold has hired boutique investment bank Raymond James to explore putting itself up for sale after shelving plans to list its shares in London, two sources with knowledge of the matter said.But attracting buyers won't be easy for the company that has just one producing asset in Senegal and is targeting a valuation of up to $300 million, the sources added.T...Read More
Noront Resources (TSX-V: NOT) signed a memorandum of understanding with the Aroland First Nation to advance the planning process for the development of the Eagle's Nest nickel-copper-platinum-palladium deposit in the Ring of Fire, northern Ontario.In a media statement, both parties said that the MoU contemplates Aroland becoming a shareholder of Noront. The company will issue 150,000 shares to the...Read More
In a recent report, the World Gold Council revealed that holdings in global gold-backed exchange-traded funds (ETFs) fell in May by 2.2 tonnes to 2,421 tonnes, equivalent to $141 million in outflows, as consistent European fund growth was offset by outflows in North America and Asia.According to the market development organization, May results together with those of February and April have caused...Read More
Contrarian investors are constantly looking for new opportunities for huge growth in a short period of time. One such opportunity has revealed itself lately, with gold finally making a comeback after some news from our southern neighbours.President Donald Trump planned to impose a 5% tariff on Mexican goods over illegal immigration. Coupled with this is the threat from China that it would blacklis...Read More
I had a warning for you when lithium began to take off in 2016:When bull runs start people get greedy. They also get stupid. Don't be one of them.I warned you about unscrupulous promoters and management teams that knew outright their projects had no chance of being mines, and of newsletter writers who would tell you to buy those stocks.While some folks were busy buying lithium stocks at $1.00 that...Read More
Oil pricesCL.1, +0.09%are hovering around bear-market levels amid concerns over slowing global growth and the potential for tariffs to sap energy demand. GoldGC.1, -0.09% meanwhile, has been heading in the other direction. Some of the same factors keeping pressure on oil have led gold to a five-session winning streak that's propped up prices to levels not seen in more than a year. This combinatio...Read More
In my June 6th interview with Jim Goddard, I touch on some key themes we have covered in our recent reports including our market report's observation that Canadian stocks are winning the trade war if we take the December 1st China takedown weekend as the starting point of the conflict.Canadian midcaps have been outperforming US midcaps since December 3rdThe question is why? With Justin's Trudeau'...Read More
The assays show high grades and mineralization continuity. Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release additional positive drill results from its Copperstone gold project in Arizona. Generally, the "results are upgrading and expanding our currently defined resources beyond the various mineralized domains with both high grades and further continuity," CEO Giulio Boni...Read More
TREND ANALYSISThe gold price trend off the February $1350 high to the recent low of $1269 appears corrective which implies that the Gold price should at least resolve in a trend back to $1350. The downtrend so far has retraced 44% of the rally to $1350 which suggests that downside is limited to 50% at $1259 that is confirmed by recently constructed support in the $1270 region. So it appears the Go...Read More
Gold surged sharplyover this past week or so, nearing a major bull-market breakout! Nearly everyone was surprised by this violentawakening, which erupted suddenly as gold languished around year-to-date lows. If this dramatic rally has staying power,gold has good odds of achieving decisive new bull-market highs. That would change everything psychologically,ushering gold and its mi...Read More
We asked our researchers a question recently, “Could Goldrally above $3750 before the end of 2019?”. We wanted to see what type of research they would bring to the tablethat could support a move like this of nearly 200% from current levels. We wanted to hear what they thought it wouldtake for a move like this to happen and if they could support their conclusionswith factual...Read More
Physicalprecious metals serve a unique role in an investment portfolio. Unlike stocksand bonds, gold and silver coins can be held entirelyoutside of the financial system. They carry zero counterparty risk. They arethe ultimate “buy and hold” safe-haven assets. Unfortunately,investors must often navigate through a barrage of fake news, myths,misinformation, and fraudulent pitches surrou...Read More
CHAPEL HILL, N.C. - Gold's rally is built on a shaky sentiment foundation. That means, at least from the perspective of contrarian analysis, that it's unlikely that the rally is the beginning of a major new leg up. To be sure, the rally in goldGC00, -0.08% has certainly been impressive. Since its early-May low bullion GLD, +0.56% has climbed nearly 6%, bringing it nearly back to the level it reac...Read More
Alluvial diamond mining equipment manufacturer PCF Engineering has completed a multimillion-rand project for a client active in the Tshikapa diamond field in the Democratic Republic of Congo, for the manufacture and supply of a variety of equipment.PCF Engineering supplied gravel pumps, classifiers, duplex jigs, air compressors, pipes, couplings and nozzles to the client that is currently mining i...Read More
Have you run up a huge hospital bill that you're having difficulty paying? The stress can be overwhelming, especially while you're recovering from a complicated procedure and feeling like you've been hit by a truck. But you're not alone… The Consumer Financial Protection Bureau (CFPB) found that 43 million Americans have overdue medical debt on their credit reports. You may have already ple...Read More
Half a day south of the N40 highway in Pakistan, the main road heading west to Iran through the Balochistan desert, lies the Ras Koh mountain range. Steep, rugged mountains with little or no forest cover cut by deeply incised nallas, or dry stream beds, which you don't want to be stuck in when it rains.Not that it rains very often. I was there in 1997 prospecting for porphyry copper systems, hot o...Read More
"Weekly High Frequency Indicators: The Cure For High Interest Rates Is - High Interest Rates! (And Chaotic Tariff Policy) https://t.co/Xj0GzpfuNd"Read full newsRead More
"Resource Big News Roundup: Searchlight Stakes High-Grade Kulyk Lake Rare Earth Project; IsoEnergy Expands Larocque East Uranium Property Through Staking https://t.co/22yQ1ibPC5 #resource #mining #exploration #investing"Read full newsRead More