Last Tuesday, President Trump signed a new policy directive that laid out his long-promised plans for a U.S. Space Force.A day later, Acting Defense Secretary Patrick Shanahan submitted a legislative proposal to Congress, requesting the authority and funds to establish the new military service.It's now up to the legislative branch to authorize it, which it should...I know a lot of people mocked th...Read More

Seabridge Gold has tabled an updated resource estimate for its Iron Cap gold-copper porphyry project in British Columbia that increases the project's indicated resource by 460,000 oz. gold and 177 million lb. copper. It also boosts the project's inferred resource by 7.45 million oz. gold and 4 billion lb. copper.The project now contains 423 million indicated tonnes grading 0.41 gram gold per tonne...Read More

Predicting the outlook for iron ore and steel has become something akin to gazing at tea leaves and trying to determine what the future holds. Fears of a trade war between the U.S. and China coupled with less-than-stellar economic data from Beijing as well as slowing global growth were all weighing on the outlook for metals.The base metal has been extremely volatile since the recovery in commoditi...Read More

Mar 12, 2019 Guest(s): Garrett Goggin Associate Editor, Gold Stock Analyst Gold stocks are currently trading at a massive discount to fair value in the market, said Garret Goggin, associate editor of the Gold Stock Analyst. "The miners are much healthier than they have been. They've got stronger cash margins, they're trading at a larger discount than they ever have been, all the way back to 1995...Read More

Fission Uranium of Kelowna, B.C., is pleased with the results from three holes of its winter work program at the Patterson Lake South uranium property in the Athabasca Basin. The holes were dual purpose: to expand resources outside the modeled high grade zone and to collect geotechnical information for mine planning.The three holes were drilled in the R780E zone. Results include hole PLS19-PW-09,...Read More

RME Geomatics, a world leading aerial survey services and technology company, announced earlier this month they have delivered a Renegade-M aircraft under the Canadian Federal Government Build in Canada Innovation Program (BCIP). This innovative aircraft will now undergo validation testing through the program in hopes of receiving funding to move this advanced technology from the laboratory to the...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed lower following Boeing's  (BA)  slide when several countries grounded the company's 737 MAX 8 after the plane model's second fatal crash in six months. Stitch Fix (SFIX) jumped after the subscription fashion service topped analysts' earnings and sales forecast in its fisca...Read More

It's important to understand Gold's fundamentals as it will help us confirm a new bull market.To this point, Gold's rallies have failed to make higher highs and higher lows because, although there has been improvement in fundamentals, the fundamentals have not turned bullish yet.The technical trigger will be Gold and gold stock outperformance of the stock market which will likely lead to the funda...Read More

PowerOre of Toronto has spent the winter poring over historical drill results and creating a 3D model of the past producing Springer and Perry copper mines. The geologists identified a number of wide - 20 metres or longer - disseminated mineralized drill intersections from the Springer mine.Early in the mines' history, operators focused on high grade veins and much of the disseminated copper miner...Read More

The World Copper Conference will once again be hosted in Santiago, Chile and will reinforce its position as the premier copper event in Latin America.The conference is renowned for its calibre of attendees attracting CEOs and senior executives from leading miners, smelters, service providers, financiers, as well as government delegations. It is also a major networking event for key stakeholders fr...Read More

A summary of base metals premiums from across the globe for the week to Tuesday March 12.Fastmarkets had change the publication date its London Metal...Read More

Copper demand in the Middle East is lagging in comparison to the rest of world, panelists at Fastmarkets' International Copper Conference in Amsterdam said on Tuesday March 12.While global demand for copper is healthy, copper demand in the Middle East remains the laggard, Nexans' head of procurement Christophe Allain and Dubai Cable purchasing manager Laila Marafi agreed when speaking to delegates...Read More

Base metals prices on the London Metal Exchange traded higher across the board during afternoon trading on March 12, with zinc up by $100 per tonne at the close.Zinc prices remain well supported by signs of tightening supply, with LME inventories at the lowest level since 2007."The zinc price is zigzagging upward and nearing the $2,800-per-tonne mark. The price has been lent support by supply conc...Read More

Getty ImagesThe U.S. economy added just 20,000 new jobs in February after big gains in the prior two months, but the unemployment rate fell again and wages rose sharply. The numbers: American businesses and other employers created the fewest new jobs in February in 17 months, the latest sign of a broader slowdown in the U.S. economy. The economy added just 20,000 new jobs last month, the smallest...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 12, 2019With little fanfare, gold is staging a nice consolidation in the $1280-$1350 price zone.Please click here now.Double-click to enlarge. A breakout from this $70 trading range would usher in a fresh target of $1400 and perhaps $1420.Note the superb position of the 14,7,7 series...Read More

James Kunstler summarized it perfectly. So rather than reinventing the wheel, here's an excerpt from his Monday commentary:Jerome Powell [was] wheeled out on CBS's 60 Minutes Sunday night, like a cigar store Indian at an antique fair, so vividly sculpted and colorfully adorned you could almost imagine him saying something. Maybe it was an hallucination, but I heard him say that "the economy is in...Read More

The European ferro-chrome market should trade through an online portal to set up a transparent pricing mechanism, according to the chief executive officer of trading house UniChrome AG, Dmitry Pastour.The use of an online portal would provide demonstrable liquidity to price indication, Pastour said during a discussion panel at Fastmarkets' Asian Ferro-alloys Conference in Hong Kong this week."With...Read More

The development of the futures market in China has been a "double-edged sword" for the domestic ferro-silicon industry, leading to more flexibility for market participants and wilder price swings than prior to its existence, according to one speaker at Fastmarkets' Asian Ferro-alloys Conference in Hong Kong this week.Ferro-silicon contracts, launched on the Zhengzhou Commodity Exchange (ZCE) in Au...Read More

Gold futures finished lower on Monday, pulling back after bullion failed to settle above the psychologically significant $1,300 mark despite a rally late last week. Better-than-expected U.S. retail sales and business inventories data, which helped provide a boost to U.S. benchmark stock indexes, also put pressure on haven gold in Monday dealings. Business inventories rose 0.6% in December, while...Read More

This means the Jersey-registered company, which has a market cap of £5.37 million (US$7 million) is on the hook for US$140,000 plus 10% annual interest and both sides' costs.Read More