Troilus Gold Corp. of Toronto reports finding a new mineralized zone in the southeast part of the J zone at the past producing Troilus gold-copper mine in the Abitibi region, 175 km from Chibougamau, Quebec. The gold-rich area is about 30 metres from surface and open at depth.Highlights of the new zone include:Hole TLG-J419-091: 1.29 g/t gold and 0.09% copper over 22 metres (1.43 g/t gold equivale...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/cashl...Question 1. Mike R: Do annuities keep pace with inflation so I can at least hold onto my purchasing power during the term I hold it?Question 2. Larry G: What happens with the cash you are holding if they force us to go cashless? Will we be given a chance to redeposit?Question 3. Evan W: You talk about the melt up and melt down...Read More
People don't understand gold. They don't understand the U.S. dollar either.Mostly, it's the same people.Gold bugs thought we were debasing the dollar by printing our way out of the 2008/9 financial crisis.Continue...Read More
RNC Minerals (TSX: RNX) has entered an A$50 million purchase option agreement with Westgold Resources (ASX: WGX) to buy Westgold's 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 further A$21 million in sha...Read More
The Battle of Britain (1940) was one of the most famous and important conflicts in history. The Battle of Brexit is proving no less decisive even if the weapons areContinue...Read More
As more and more candidates throw their names into the Democratic nomination hat, DOUBLE DOWN looks at some of the more interesting economic platforms announced thus far...Continue...Read More
The flooding that just struck the middle part of the country was the worst blow to U.S. farmers in decades, but now the National Weather Service is telling us that it was Continue...Read More
Physical iron ore prices stayed rangebound for a second day on Tuesday March 26 as market participants waited on news of the full impact of Cyclone Veronica on Australian iron ore operations.MB 62% Fe Iron Ore Index: $85.23 per tonne cfr Qingdao, down $0.58 per tonne. MB 62% Fe Pilbara Blend Fines Index: $84.35 per tonne cfr Qingdao, down $0.58 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $87....Read More
Reverse circulation drilling to the north of the Dark Star deposit at Gold Standard Ventures' (TSX: 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 holes were drilled...Read More
"We believe this to be the first such effort of this kind nationally and the circumstances we face here clearly call for that...Rockland will lead the way in service and safety to the people here."Continue...Read More
When should modern Americans care about legislation signed into law by President Ulysses S. Grant? When it causes deep environmental damage, deprives the federal treasury of billions, privileges one industry over others, practically gives away public lands, and hasn't been significantly altered in almost 150 years.The law in question is the General Mining Act of 1872, which governs the harvesting...Read More
That turns out to be 520 million oz of gold and a nearly 2 billion oz of silver. Now, these Continue...Read More
Argentina is eyeing its first major new mining project in two decades, nudged forward by President Mauricio Macri's market-oriented policies. But there's no guarantee he'll be around to take credit.Argentina's economy is tanking with the central bank hiking interest rates to ease inflation and save the peso, the worst-performing currency in emerging markets. That could put Macri on shaky ground as...Read More
EPA Administrator Andrew Wheeler is formally recusing himself from agency reviews and permitting decisions on a proposed gold and copper mine near Alaska's Bristol Bay amid criticism his former law firm represented the developer.Wheeler promised to steer clear of matters involving the controversial Pebble Mine in an updated March 20 recusal statement, two years after his former employer, Faegre Ba...Read More
Pancontinental Resources (TSXV: PUC) announced this week the acquisition of the St. Laurent project, located in the eastern Canadian province of Ontario.Pancontinental is purchasing the property from 2681891 Ontario Inc., with whom the company entered into an option agreement. To earn a 100% interest, the Toronto-based miner has to pay a total of $145,000 in cash and issue 1,850,000 common shares...Read More
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
Trading activity in the CIS export billet market enlivened toward the end of March amid renewed demand from North Africa, and Algeria in particular.An Algerian long steel producer booked two lots of Russian billet, each of 20,000 tonnes, scheduled for shipment in April at $492 per tonne cfr.The deals were not included in the calculation of Fastmarkets' CIS export...Read More
JPMorgan Chase's CEO, Jamie Dimon, gave a CNN interview last week in which he said that the U.S. economy is "fundamentally anti-poor." Continue...Read More
Apple headwinds also pulled indexes off their session highsThe Dow jumped to a 279-point lead in early trading, as Wall Street cheered stabilizing bond yields following last week's post-Fed recession scare. Optimism ahead of high-level U.S.-China trade talks and a bouncing bank sector also buoyed stocks. The Dow, S&P 500, and Nasdaq all settled well off their intraday highs, though, on a batch of...Read More
Artificial intelligence may revolutionize trading.Sometimes watching the market can feel like riding a roller coaster.Many investors feel glued to the news, watching the market rise and fall hundreds of points, day after day, week after week.But savvy traders know these market conditions mean huge profit potential for anyone that knows how to trade them.And one "secret" that more and more traders...Read More