Copper Mountain Mining (TSX: CMMC; ASX: C6C) shares plunged on Wednesday following disappointing results released for the third quarter of 2022, which "clearly did not meet" expectations as described by president and CEO Gil Clausen.Copper Mountain's stock dropped 13.5% by 11:00 a.m. ET to $1.60 a share, the lowest since early October. Year-to-date, the stock is down over 55%, bringing the company...Read More
The World Gold Council (WGC) is urging bullion miners to implement more consistent, systematic planning and wider collaboration, including closer engagement on risks with local communities, to deal with climate-related challenges.In its Gold and climate change: Adaptation and resilience report, the gold industry's leading trade body identifies key physical climate-related vulnerabilities of the...Read More
Less than a year after the federal government approved the takeover of Neo Lithium by China's Zijin Mining without a full national security review under the Canada Investment Act, it has signalled an entirely new approach to Chinese investment in Canada's critical minerals sector. The Minister of Innovation, Science and Industry, Fran??ois-Philippe Champagne and Natural Resources Minister Jonathan...Read More
Canada's Lundin Gold (TSX: LUG) expects to achieve the high-end of its gold production guidance for 2022 as the impact of road blockades in Ecuador earlier this year eased in the third quarter.The Vancouver-based miner, which owns and operates the Fruta del Norte gold-silver mine in Ecuador, said it would meet the upper end of its forecast production of between 430,000 and 460,000 oz. of gold th...Read More
Markets Insider, Released on 11/9/22"First FTX bails out collapsing crypto Ponzi scams. Now FTX is collapsing & being bailed out by Binance," Roubini said in a Tuesday tweet."But who will bail out Binance when that crappy house of cards collapses? Crypto is Mother Of All Ponzi Schemes!" he added. Continue... 'Dr Doom' economist Nouriel Roubini suggests FTX's rescue deal shows how crypto is a Ponzi...Read More
Katusa Research - Twitter, Released on 11/9/22All that glitters outside of the USA is... Gold pic.twitter.com/qzMgYhOxKt- Katusa Research (@KatusaResearch) November 9, 2022 Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealmakers in the junior resource sector. During thi...Read More
smartasset (via Yahoo Finance), Released on 11/9/22Gold can still have poor performance during inflationary periods. In the Continue... Do Gold Prices Go Up in a Recession? added by Herman James on 11/13/2022View all posts by Herman James ?+'Read More
There's a very good chance gold prices have bottomed out - and that's created an incredible opportunity for investors in a tough market.If you haven't been paying attention to gold, that's not surprising. Very few investors have been. Gold has lost much of its luster after failing to respond to rapidly rising inflation in the U.S. and elsewhere.Inflation levels sit at 40-year highs. Yet gold, trad...Read More
Less than a month from now – onDecember 5 – an embargo on maritime exports of Russian crude oil to theEuropean Union will come into force, as I explained in mylast article.As a result, global oil supply isexpected to tighten significantly, with Russia being the world’s largestexporter of oil and fuels.Therefore, energy markets are bracing forturbulence, as they may face a new sto...Read More
Will we see a return to sensible energy policies? Many investors hope that even a partial Republican victory on Election Day 2022 means that the U.S. can return to sensible energy policies.This would mean finishing the Keystone XL pipeline, expanding fracking, issuing new oil and natural gas exploration leases on federal lands, refilling the Strategic Petroleum Reserve and building new refinery ca...Read More
It's the day after. What comes next? Now that the elections are over, the political landscape should be a lot clearer.If only that were true.With some Republican victories in the House of Representatives, the U.S. Senate and governor's races across the country, the U.S. has made just a slight pivot away from progressives and wokeness and toward more traditional approaches to economics, crime and e...Read More
Expert Adrian Day believes the gold sector is picking up again and reviews two companies attempting to outbid Gold Fields in its proposed takeover of Yamana Gold.Two of the companies on our list, Pan American Silver Corp. (PAAS:TSX; PAAS:NASDAQ) and Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE), have joined forces to offer US$4.8 billion in cash and stock in an effort to outbid Gold Fields Ltd. (GFI...Read More
Expert Clive Maund takes a look at some movements in the precious metals sector with a focus on the gold market to tell you where he believes it is headed. In years to come, many investors will look back upon the past weeks and months as another great opportunity missed, to be added to the list that most of us keep or have in our heads of other great opportunities missed, but you, dear reader, do...Read More
Expert Michael Ballanger believes markets are at a critical juncture, commonly referred to as a "fork in the road." In light of this, he reviews current Fed updates and movements in the gold and silver sectors to tell you where he believes the market is heading.I would like to begin this week's missive with what I would call a "confessional rant" that covers the current deification of a group of a...Read More
With the major gold producers having reported quarterly results, the trends in the average gold price to cost per oz spread from ...Read More
The senior notes will be unsecured and rank equally with Nutrien's existing senior unsecured debt. The offering is expected to close on or about 9 November. Read More
Share this article VANCOUVER - Sama Resources Inc. [SME-TSXV; SAMMF-OTC] reported assay results from five additional drill holes from the 2021/2022 drilling campaign at the Samapleu deposit, Ivory Coast, West Africa.Sama has drilled a total of 85 drill holes totalling 26,787 metres at the Ivory Coast project in 2021/2022, including 45 drill holes totalling 14,893 metres at the Grata prospect and...Read More
In May 2022, I put out a very strong bullish thesis titled "The Oil Market in Seven Charts." You can find it here.I wrote:Despite leading the market and having a booming year, the oil sector is still undervalued to the general market by at least 25%. And knowing the way that the oil market always overshoots - both going up and coming down - by the time the oil bull is over, the sector will be over...Read More
Gold Silver (w/ Mike Maloney), Released on 11/8/22Mike Maloney can't believe the story that today's charts show. Join him, along with Adam Taggart, in this deep-dive analysis of several of the most reliable recession indicators available. The picture that the data paints is not pretty - but it is something that everyone should see. Thanks for watching and sharing the video. Download Mike's best-se...Read More
The Daily Gold, Released on 11/8/22We have noted the many positive divergences that have been building in precious metals. The miners have been outperforming the stock market and Gold, breadth indicators like the advance decline line bottomed before the miners. The gold stocks exploded last Friday and saw follow thru Tuesday which took them to 3-month highs. Whether its the bottom or not, this is...Read More