Metals’ reversals, lower prices and our precious profits
The short-term outlook for the precious metals market looks very bearish.
Latest Stories
First Quantum quashes Rio rumor, says Jiangxi no threat
Executives were caught off guard by this week’s share purchase by Jiangxi Copper, but say there’s no chance that will lead to a takeover bid either.
Implats to close North American Palladium takeover this week
The C$758 million transaction, which was first announced in October, remains on track to close on December 13.
Endomines considers redomiciliation to Finland from Sweden through a cross-border merger
Endomines intends to continue its dual listing after the transaction, however with main listing at Nasdaq Helsinki.
Kirkland Lake reports high grades, expands mineralization at Fosterville
Earlier this month, the company released the results of drilling completed on other areas of Fosterville mineralization.
Ascot infills Big Missouri and hits more gold at Premier
Drill highlights include 5.5 metres of 22.54 g/t gold and 2.1 metres of 24.9 g/t gold.
Integra intercepts high grades at DeLamar
Drill highlights include 34.1 metres of 10.88 g/t gold and 115.31 g/t silver.
Gold’s been on a tear this year and 2020 may see more reward
BlackRock, the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman and UBS see prices climbing to $1,600 an ounce.
Petra Diamonds restarts South African mines
Mines across South Africa have shut down after flash flooding triggered the most severe power blackouts in more than a decade.
