A report made public today by the Associated Press reveals that an internal accounting of the claims submitted to the EPA in connection to the Gold King mine spill appears to be off by $100 million.Under an open records request, AP obtained a spreadsheet from the U.S. Environmental Protection Agency that shows that the claims for economic losses and personal injuries from the 2015 spill totalled m...Read More
Why Coal Prices Could Double this Year... and How To Profit from the SurgeWelcome to the Coal Bull Market.Coal, whose surging price has outpaced crude oil and natural gas, could double this year.When heavy rains and flooding cripple two million metric tons of thermal coal production at an Ensham mine in Queensland, Australia, coal prices go nuts. But when crippling China snowstorms, floods in Quee...Read More
By Frank HolmesAs our loyal readers know, at U.S. Global Investors we carefully monitor the price of gold. We pay close attention to the macro drivers moving the yellow metal, like government policy and cultural affinity spurring demand globally. We also monitor the micro drivers, like company management and quant factors that make one gold stock superior to the next.Gold's qualities make it one...Read More
Posted: Mar 12, 2018JK: Discovery Watch Mar 12, 2018 with Jim Goddard and John KaiserPublished: Mar 12, 2018HSC: Discovery Watch Mar 12, 2018: Old vs New Guard at ColoradoDiscovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects wi...Read More
By Frank HolmesStrengths? The best performing metal this week was silver, up 0.43 percent as hedge funds cut their bearish outlook. After mostly bearish opinions last week, gold traders are leaning more bullish this week on the yellow metal's performance. BullionVault's Gold Investor Index rose last month to 54.1, up from 52.7 the prior month, when it was at the lowest level sinc...Read More
Image: Codelco via FlickrWhen Richard Adkerson, boss of Freeport-McMoRan, presented to the BMO Capital Markets conference in Florida last month he showed a slide headlined World class copper discoveries are extremely rare.Adkerson said the Phoenix-based company has been putting these graphs in investor slide decks "for years".Only one project - Oyu Tolgoi's underground expansion - will crack the t...Read More
Researchers from Fudan University and the University of Science and Technology of China tried curing blindness using gold and titanium.In a study published in Nature Communications, the researchers explain how they replaced mice's deteriorated photoreceptors - sensory structures in eyes that respond to light - with artificial ones made with titanium dioxide and gold nanowires.To prove what at the...Read More
(Kitco News) - London’s $6.8 trillion-a-year gold market is ready for change, according to a Reuters report, which states that the city’s clearing house — the London Precious Metals Clearing Limited (LPMCL) — is making it easier for others to join.The LPMCL operates the London’s electronic clearing system, which is responsible for clearing and settling all bullion tra...Read More
Editor's Note: Gold and silver have been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitc...Read More
A multidisciplinary and multiethnic team of scientists just published a paper in Nature where they explain the implications of having found calcium silicate perovskites contained within a tiny South African diamond.The gem was dug from the Cullinan mine, located 40 kilometres east of Pretoria, where the world's largest rough diamond was found in 1905. The mine was also the source of two of the lar...Read More
By John Ing, President & CEOMaison Placements Canada IncIn January the stock market recorded all-time highs in its strongest start since 1987, as investors gave a "thumbs up" to the Trump growth agenda of massive tax cuts, infrastructure spending and a loosening of regulations. Business too gave a "thumbs up" for an economic recovery that was tentative for so long but finally is taking root....Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop The Deal that Is the 'Envy of Every Explorer Interested in Bulgaria'Source: Gwen Preston for Streetwise Reports March 6, 2018 (Investorideas.com Newswire) Resource Maven Gwen Preston profiles a company that recently signed a key deal with its p...Read More
By Frank HolmesStrengths? The best performing metal this week was silver, nearly flat with a drift lower by just 0.06 percent. Sharp's Pixley notes gold demand is on the rise while supply has begun to fall, signaling a potential increase in the gold price. Many see gold as appealing in the medium and long term due to the sustained demographic move into the middle class in China a...Read More
1. New virtual reality (VR) exhibits were the rave at this year’s PDAC. Participants could put on VR glasses and experience 3D versions of open pit or underground mines. Others let their audience feel what it’s like to be in control of heavy mining machinery or part of an emergency situation.#PDAC2018 Booth Highlights: Fun virtual reality experience that will help mitigate #risks in #m...Read More
By Frank HolmesPresident Donald Trump's proposed tariff on imported steel and aluminum, at 25 percent and 10 percent, is much more than a shot across the bow. Indeed, this could be the official kickoff of the trade war we all anticipated. The protectionist trade policy, announced last week as the president met with metals executives, raised fresh inflation worries and had an immediate impact on...Read More
Bob Moriarty ArchivesMar 06, 2018There are websites that offer short tests that claim to tell you if you might qualify for Mensa. That's the group for the top 2% of people in IQ. I've never bothered taking the tests. I didn't need to.When I went through Marine Corps Boot Camp in the fall of 1964 all recruits had to take a general intelligence test called the GCT. My score qualified me for Mensa. I...Read More
Catching up with Rick Rule from Sprott US Holdings at PDAC 2018. "Some of the transactions in the mining space that were more questionable have failed. I think the dumb money has gone to crypto and marijuana. From my personal point of view, good riddance. That money shouldn't be in our space."Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securi...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Aurion, Novo, Garibaldi, Equinox, Almadex, Almaden, Pretium, Tristar, Northern Dynasty, First Mining Finance, Gold Mining Inc, EMX RoyaltiesRead More
After one of the worst bear markets in history, gold and the gold mining stocks began a new bull market cycle in 2016. With the first 8 months of the year filled with incredible gains, a correction in the market ensued. Of the two, the gold mining stocks were hit the hardest, sending a large portion of the company share prices down or sideways over the last 16 months.Today, in the 1st quarter of...Read More