Top 10 Trading & Portfolio Management Rules

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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

Gold’s distracted lovers need to go cool off

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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

India, Singapore buyers cash in on slight price correction

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* 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

Eldorado to hike gold production to over 500,000 ounces in 2020

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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

Pan American Silver completes $1B-buyout of Tahoe Resources

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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

Barrick Gold confirms talks of merger with Newmont

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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

6,250 Year Old Bull Still Going Strong

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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

First AI mining company goes public

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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 to make decision on Hammerdown this year

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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

Teranga completes initial resource on Golden Hill

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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 updates resource on Agnico JV in Sweden

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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

Newmont Mining profit beats on higher gold output, lower costs

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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 had a tough 2018, but optimism remain — EY

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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

Kirkland Lake expects a million ounces in 2019

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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 2019 Outlook and Roundtable Discussion

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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