Jordan Roy-Byrne, Founder of The Daily Gold shares the changes in the charts that are pointing to a much more bullish scenario for the precious metals. Click Here to Learn More About TheDailyGold Premium Source: The Daily Gold
In this updated report we provide and comment on 10 rules for trading and managing a junior gold portfolio. Some (but not all) of these rules will apply to all portfolios including those with only a handful of positions. However, for the most part these rules are for a broad portfolio. If I could narrow… Read More
Regional exploration last year on its Indin Lake property, 200 km north of Yellowknife in the Northwest Territories turned up high-grade gold in grab samples taken in three different areas including 174.50 grams gold per tonne at Fishhook, the southernmost project on its 899-sq-km land package, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) reports. Fishhook consists… Read More
The world’s gold miners have spent years avoiding each others’ gazes like nervous teenagers. Now all of a sudden they’re acting like the thrill has gone. It hasn’t even been two months since Barrick Gold Corp. and Randgold Resources Ltd. announced that their merger was “consummated,” and already Executive Chairman John Thornton appears to be… Read More
* China, Hong-Kong markets quiet * Yen-denominated gold hits over 1-year peak * India discounts narrow to $1 from $6 earlier this week * India’s gold market Physical gold demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India… Read More
At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals Council South Africa said on Friday. The Association of Mineworkers and Construction Union (AMCU) has been on strike at Sibanye’s bullion operations… Read More
Shares in Canada’s Eldorado Gold (TSX:ELD)(NYSE:EGO) climbed on Friday after it said is ready to grow its yearly output to more than 500,000 ounces next year, supported by the restart of its Kışladağ gold mine in Turkey, and the soon coming online of the Lamaque project in the home country. The Vancouver-based miner cancelled last month… Read More
Canada’s Pan American Silver (TSX:PAA) (NASDAQ:PAAS) announced today that it has completed the $1.07-billion buyout of Tahoe Resources (TSX:THO) (NYSE: TAHO) by acquiring all of the issued and outstanding shares of the precious metal miner. Pan American expects to produce between 26.5 million ounces and 27.5 million ounces of silver this year, with gold output… Read More
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD), the world’s second-largest gold producer, may eclipse its recent and perhaps overly analyzed Randgold Resources takeover by buying rival gold major Newmont (NYSE:NEM) in a $19 billion all-share deal. Commenting on media speculation, the Canadian miner confirmed it has reviewed the opportunity to merge with the US miner in an all-share… Read More
By Egon von Greyerz – February 22, 2019 Is a total collapse of the financial system next or will we see the globalists taking control of the world? Either way, the world is now at one of the most critical crossroads ever in history. Shakespeare expressed it eloquently in Julius… Source: gold-eagle.com
Goldspot Discoveries team celebrate at #Disruptmining Given the massive amounts of data generated by mineral exploration, using artificial intelligence and machine learning to make discoveries seems like a natural fit for the industry. Goldspot Discoveries, which listed today on the TSX Venture Exchange under the symbol SPOT, takes a big step forward in use of… Read More
Maritime Resources Corp. of Toronto says 2019 will be a critical year for the company. It plans to advance its Hammerdown gold project in the hope of making a production decision by year-end. The past-producing Hammerdown gold mine, Orion gold deposit, and Lochinvar base and precious metals deposit make up Maritime’s Green Bay property near… Read More
As expected, curbs placed on B.C.’s housing market have resulted in lower new housing starts and a loss of about $325 million from property transfer taxes. Last year’s budget installed tax curbs to slow down B.C.’s runaway housing market, including increases to the property transfer and school taxes on homes valued over $3 million, and… Read More
After 18 months of drilling at its Golden Hill exploration project in southwestern Burkina Faso, Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has completed a maiden resource estimate. The plan is to build on the resource and advance the project through a preliminary economic assessment and into the feasibility stage of development. Golden Hill contains 415,000… Read More
Barsele Minerals (TSXV: BME; US-OTC: BRSLF) has tabled an updated resource estimate for its Barsele gold project in northern Sweden totaling 5.5 million indicated tonnes grading 1.81 grams gold per tonne for 324,000 oz. gold and 25.4 million inferred tonnes at 2.54 grams gold for 2.08 million oz. gold. The resource is split between pit… Read More
* AMCU extends Sibanye gold strike to platinum * AngloGold, Lonmin, Harmony, Amplats served union strike notices * Lonmin shares down (Adds other firms, Sibanye comment, detail) Workers led by South Africa’s Association of Mineworkers and Construction Union (AMCU) plan to down tools at gold and platinum mines next week in support of colleagues at… Read More
Gold miner Newmont Mining Corp beat analysts’ estimates for quarterly profit on Thursday, boosted by higher gold production in its Colorado and Ghana mines and lower costs. The company is set to overtake Barrick Gold Corp as the world’s largest gold producer following its acquisition of rival Goldcorp Inc, which is expected to close in… Read More
Canadian miners continued going down the slippery slope in the last three months of 2018 due mostly to weak commodity prices, triggered by a slowdown in the Chinese economy near the end of the year, the latest report by consultancy Ernst & Young (EY) reveals. As a result, EY’s Canadian Mining Eye index — which tracks the performance… Read More
Canada’s Kirkland Lake Gold (TSX. NYSE: KL) announced today that management increased its consolidated three-year production guidance and improved its unit-cost guidance for 2019. In a press release, the miner explained that there is potential for a million ounces in 2019 as guidance was increased to 920,000 – 1,000,000 ounces from the previously announced 740,000… Read More
Goldmoney’s leadership team – Roy Sebag, James Turk, Alasdair Macleod, John Butler and Stefan Wieler were joined by a special guest, Ned Naylor-Leyland of Merian Global Investors at the Royal Society in London on January 28, 2019 to film the annual Goldmoney Roundtable and Outlook video. A myriad of topics were debated throughout the roundtable.… Read More