PREDICTIONS FOR $20K GOLDGold at $20,000 is the latest price prediction from a high profile analyst. The article I read makes a strong case for how the gold price could go to $20,000 oz. if the US dollar loses ninety percent of its current value.That part of the explanation is correct. And it is what I have been saying in my articles over and over again; namely, a higher gold price reflects...Read More
The silver miners’stocks have rallied in recent months, but are still underperforming gold stocks. Silver lagging gold is mostly responsible, drivenby big stock-market down days dampening enthusiasm for speculation. But silver will ultimately mirror and amplifygold’s bull upleg, fueling strong leveraged gains in its miners’ stocks. Their just-finishing Q4’...Read More
GOLD AT $2000 Gold flirted briefly with the $2000 number last month. At $2043 oz., it was several dollars shy from matching its peak price eighteen months earlier at $2058 oz.With the current gold price at $1958 oz., the $2000 number is the sweet midpoint of that range. It is a nice round number and seems to be the price most gold traders and investors are focusing on at this time.It is proba...Read More
"...silver will quadruple..."by David Morgan of The Morgan ReportPREPARE NOW Silver Upward Trajectory Is Coming!! | https://www.themorganreport.comIn this video David Morgan say that the trajectory of silver is, "very favorable today," due to the fact that there will be a supply shortage to meet industrial demand.Watch this video on PREPARE NOW Silver Upward Trajectory Is Coming!!, then please sha...Read More
Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSOREDNoront shareholders were given the option to retain some of their shares, but given less than 20% elected to do so, Wyloo acquired 100%...Read More
Proceeds from the placement will be used for the development of iMetal's Gowganda West project, as well as development of the Kerrs gold deposit and for general working capital purposes, the firmRead More
Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSOREDInterest in the company has been growing since the stock was listed in Johannesburg and London in the middle of last year, a time when t...Read More
(IDEX Online) - The United States has announced further measures against Alrosa - but has not sanctioned diamonds mined in Russia but cut and polished elsewhere.Alrosa, one-third owned by the Russian government, has been placed on on the Specially Designated Nationals (SDN) list, blocking it from the US banking system and banning it from trade with individuals or companies in the USA."These sancti...Read More
The funding, spread over eight years and contained in Ottawa's national budget released on March 7, will primarily be available for critical minerals and metals, including lithium, copper, nickel and cobalt. "With unprecedented support and extensive measures, Budget 2022 will position Canada's minerals and metals industry for success as a partner in accomplishing Canada's goal of a greener fu...Read More
Base metals prices on the London Metal Exchange edged up on the morning of Friday April 8, while those on the Shanghai Futures Exchange were mainly weaker.* The markets are still focused on monetary tightening in the United States and how that might slow economic growth...* ...and how will China’s Covid-19 lockdowns hit demandBase metalsThree-month base metals prices on the LME were up across...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points in pre-opening trade. The Canadian Dollar was virtually unchanged at US79.43 cents following release of Canada's March Employment Report at 8:30 AM EDT. Consensus was an increase in employment of 79,000. Actual was an increase of 72,500. Consensus for the Unemployment Rate was unchanged from February at 5.5%....Read More
CHEYENNE, Wyo., April 8, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), today announced that its advanced stage gold and copper project, the CK Gold Project, was featured in a recent article, "Gold and copper mine could generate hundreds of jobs and millions in revenue, report suggests", in the Casper Star-Tribune.As stated in the article, a...Read More
The Dominican Republic has completed a review of the location for a new tailings storage facility for Barrick Gold's (TSX: ABX; NYSE: GOLD) US$1.4 billion Pueblo Viejo gold mine expansion project that will extend production at the Tier One asset beyond 2040.The world's second-largest gold producer had warned last year that production at the mine would have to end in 2030 without a new mining waste...Read More
Australian billionaire Andrew Forrest's Wyloo Metals has completed the acquisition of Noront Resources almost a year after placing its initial offer to buy the company and edging out the world's largest miner, BHP (NYSE: BHP; LSE: BHP; ASX: BHP), in a takeover battle that lasted for months. Wyloo Metals acquired all of Noront's common shares that it did not already own on Apr. 7, following a sh...Read More
A little more than nine months following its initial public offering (IPO), U.S.-focused junior Bradda Head Lithium (AIM: BHL, US-OTCQB: BHLIF) shares continue to fly high following the 65% resource growth at its Basin East lithium project in Arizona.With rising lithium prices, Bradda Head shares trading in London have tripled in value and continues to trade at a relatively high level on heightene...Read More
Pure Gold Mining (TSXV: PGM; LSE: PUR) has been named in a civil claim in the British Columbia Supreme Court for allegedly failing to disclose information relating to its operations at its underground mine in Red Lake, Ont. The company said in a statement on Apr. 7 that it had learned of the civil claim and described the complaint as "unfounded and without merit." Pure Gold says it intends to...Read More
The Chilean government of President Gabriel Boric is suing mines operated by giants BHP (ASX: BHP), Albemarle (NYSE: ALB) and Antofagasta (LON: ANTO) over alleged environmental damage caused in the northern Salar de Atacama salt flats, the world's driest place on earth.The State Defense Council's (CDE) legal action singles out BHP's Escondida, the world's largest copper mine, Antofagasta and Bar...Read More
Alrosa (MCX: ALRS), the world's top diamond producer by output, has been hit by fresh sanctions imposed by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC).The OFAC announced late on Thursday it had placed Alrosa on the Specially Designated Nationals (SDN) list, which effectively kicks a sanctioned company out of the U.S. banking system and bans its trade with Americ...Read More
NV Gold Corporation (TSX-V:NVX)(OTCQB:NVGLF)(FRA:8NV) (Read full newsRead More
Talk Digital Network, Released on 4/9/22Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership a...Read More