2019 has been an amazing year for the gold and gold mining stocks. However, the recent gold rally is far from over. The fundamental reasons behind an explosive gold run in the future were discussed in an earlier article 8 Reasons to Buy Gold and Gold Mining Stocks. This post is focused on the long […]
Platinum to Gold ratio has a brief but clear history as a leading indicator for Gold.
Around major bottoms in precious metals, Platinum tends to outperform and lead Gold. Since February Platinum has strongly outperformed Gold while registering an important positive divergence.
Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year, and is likely to top $100 billion as more data becomes available. Unlisted funds raised $2.5 billion for investment in mining last year vs $700 million to buy farmland.
The Castle mine was one of the highest grade silver-cobalt producers in the historic Cobalt camp in Northern Ontario. (Image: Canada Cobalt Works) Canada Cobalt Works (CVE: CCW) says it has intersected multiple high grade cobalt and silver intercepts during phase one drilling on the first level of the Castle mine. The mine is located […]
Source: Bloomberg Relief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on Monday. Gold closed at a one-month high just shy of $1,240 an ounce, iron ore continued to climb from recent lows above $66 […]
Kootenay Silver (TSXV: KTN) announced that its wholly-owned Mexican subsidiary entered into an option agreement to acquire a 100% interest in the Columba silver project, which hosts a past-producing mine and is located in the northwestern state of Chihuahua, Mexico. Under the terms of the agreement, Kootenay Silver can acquire a 100% ownership in the […]
Canada’s Pan American Silver (TSX:PAA) (NASDAQ:PAAS) is buying precious metal miner Tahoe Resources (TSX:THO) (NYSE:TAHO) for $1.07 billion in cash and stock, creating one of the world’s largest silver producers. Pan American, already the world’s second-largest primary silver miner, will effectively double its silver reserves of the precious metal with the acquisition, as Reno, Nevada-based Tahoe Resources owns […]