Commodities are Extremely Undervalued! New study plotting US equities against raw material prices going back to 1970 points to 112% upside for commodities just to return to trend.
Base Metals Miners Expected to Rally in 2020 as Copper’s Price Increases
Base Metals Miners Performance in 2019 Copper, often called “Dr. Copper” due to its correlation with the economic cycle, could be the trade of 2020, as most industry analysts expect a “lift-off” for the base metals miners as global demand recovers. Copper prices rose this week, on December 25th, 2019, to their highest level in […]
Investment in Mining Rising Significantly: $6 Billion Ready to be Invested
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.
Global Exploration Snapshot: The Americas, West Africa and Australasia remain popular
A look at eight majors and juniors exploring for gold worldwide including Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF), Nexus Gold (TSXV: NXS; US-OTC: NXXGF), OceanaGold (TSX: OGC; US-OTC: OCANF), Yamana Gold (TSX: YRI; NYSE: AUY), and Barrick Gold (TSX: ABX; NYSE: GOLD).
Euro Sun Mining’s stock jumps after financing announcement for Rovina gold project in Romania
Toronto-based junior Euro Sun Mining’s (TSX: ESM) stock jumped over 20% on Tuesday after the company announced a non-brokered private placement financing of up to 10m units for gross proceeds of up to C$3 million. Each warrant will entitle the holder to acquire one additional common share of the company at an exercise price of […]
Trade truce lights fire under mining stocks
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 […]
Euro Sun gets mining license for Rovina in Romania
Euro Sun Mining Inc. announced the completion of the ratification process of its exploitation permit and mining license for the Rovina Valley Project in Romania.The Euro Sun has one of the largest mineral deposits in the European Union with 7.2 million ounces of gold and 1.4 billion pounds of copper. The mine could produce about 150,000 ounces of gold and 50 million pounds of copper a year.