Montreal company's shares are up 26% in 3 weeks following acquisition of Natougou gold deposit in Burkina Faso after $147m takeover of Orbis Gold.
After an 8-week slide gold staged a nice rally last week. What will the yellow metal do now? I see reason to believe there's more room in this rally.
The stock does have some issues but I will explain those as well.
The price of gold experienced its longest winning streak since 2012, last week as the price broke through the $1,200 level early Thursday and soared as high as $1,220 as Saudi Arabia launched airstrikes against Iran-backed Shiite militants in Yemen.
The goal of the ETF is to provide exposure to the Sprott Zacks Junior Gold Miners Index (NYSE:ZAXSGDJ), which seeks to outperform a passive, market-capitalization representation of junior gold stocks.
The Management and Supervisory Boards of Tantalus Rare Earths AG have approved a capital increase against cash contribution with shareholders’ subscription rights.
But the fund warned that only further tightening of fiscal and monetary polices would contain the country's large deficits.
The main point of contention is the fact that mining companies believe that once they reached a 26% black ownership, they effectively complied, no matter where the percentage is at now.
In this interview with The Gold Report, he shares some of the insights from his recent travels and discusses three companies with potential to be the next Goldcorp.
Vancouver-based company contradicts earlier Bloomberg report saying it is in talks with Chile's Antofagasta about combining copper assets.
The B.C. government has approved Pretium’s $450-million Brucejack gold mine, the first mine approved since the collapse of the Mount Polley mine tailings dam last year. Read more…
Rally above $1,200 prove short lived with gold trading down 1.5% as save-haven buying dries up and investors move back into stocks, bonds and the dollar.
Jeb has come on Palisade Radio since its inception days, and has been a continuous firm believer in a strong precious metals rebound.
This interactive infographic shows how the middle class, median income, and affordability of housing has changed in each state since 2000.
CEO Mark Bristow said the current squeeze on the gold sector has created growth opportunities.
"The biggest mistake I see in the junior sector, is that the guys who are exploring…are just treasure hunting—a bunch of scientists out there on a treasure hunt, drilling holes, [just] to see what’s down there.”
The precious metals complex has established a floor of support over the past five months. For Gold it is around $1150/oz and for Silver it is around $15.50/oz.
Though the Fed would deny it, it is clear from the minutes of the last Federal Open Market Committee (FOMC) meeting that a rise in interest rates has been put off indefinitely.
Copper down nearly 2% as torrential downpour that shut many of the country's biggest mines is not expected to impact oversupplied market.
The Commodity Futures trading Commission’s (CFTC) Commitment of Traders Report released last Friday conveniently shows the positions of trading categories the night before the FOMC minutes were released.
Looking for an exit or a lifeline? Look further says $8 billion fund manager.
Gold price jumps nearly 2% as Egypt gets involved in Yemen conflict, but resurgent dollar cuts into gains in New York trading.
Email offer with pics of "perennial supply" of "superior quality" bars and dust. Seems legit…
The country's Chamber of Mines says the new code would send the mining industry back by at least 10 years.
The company said the suspension of operation at the copper is momentary, as northern Chile is being hit by torrential rain and snow.
Amid the greenback's best run since 1970s new WGC study reveals gold prices rise twice as much when dollar weakens versus declines during USD strength.
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