Plus: Ivanhoe Mines Outpaces Copper Indexes TCRs: Copper miner Ivanhoe Mines shares IVN IVPAF at $12.78 look to be challenging a $12.90 high mark from February 2022. The shares are sidestepping declines this week in many copper-company stocks (Global X Copper Mines COPX). Copper futures prices also are giving back recent gains. An Ivanhoe spokesman, …
The past few weeks, strong U.S. economic data from job growth to consumer spending may have contributed to the market’s expectations of more rate hikes to come, says Edward Bonner of Sprott Global. Also added: Carlin East Partner In Nevada * [I met Edward in Tonopah, Nevada, where we were touring West Vault Mining, Summa …
A Geologist/Investment Adviser: Gold ‘Higher We Go’ Read More »
TCRs, please see Dollar Section at close. USD is (finally?) reaching down to the 100 DXY Level. We have not seen that 100-basket low since April 2022. Also: outside coverage about TWO MINERS I track and own. BOTH of these profiles are from The Northern Miner. This Nevada gold piece is from Henry Lazenby, a …
VAL-D’OR MINING VZZ VDOMF | XTRA-GOLD RESOURCES XTG XTGRF | GOLD TERRA RESOURCE YGT YGTFF This adds a comment from Gold Terra Resource’s Gerald Panneton. His was one of many from CEOs, geos and executives about their explorers’ (and producers’) miserable gold-in-the-ground valuations.*Note: I will be in Tonopah, Nevada viewing West Vault Mining’s WVM WVMDF …
Osino Resources’ View On A Namibia Minister’s Disruptive Comments Plus: ‘Ignored’ Developments: Val-d’Or Mining; HighGold Mining; Others We were discussing ‘country risk’ here among miners in practically every nation on the mining planet. [See: Country Risk Overblown — Sometimes] Then, Namibia comes along and sees a regulator shoot from the hip this week. The mining and …
Where Are Those (PubCo) Donkeys In The Middle? At the two econ-wellness workshops I staged these past two weeks — Decoding Money — the range of questions was as wide as the lead the Miami Heat built in their NBA semi-final match vs. the Boston Celtics last evening. Real estate, credit unions, “wash” sales, selling …
Banyan Gold | Contango Ore | I-80 Gold | C-3 Metals Look at that USD go. See: DXY currency basket. “So it goes” (Kurt Vonnenegut). Please see relevant non-The Calandra Report/TCR commentary below — no, not the Slaughterhouse Five author. Instead, Fred Hickey, a 34-year newsletter writer, talking gold futures (or lack of?). *Below. Most …
Platinum Group Metals | Ivanhoe Mines | Xtra-Gold Resources | C3 Metals | BeMetals | Alamos Gold | EMX Royalty Country risk — think Africa, Peru, Chile, Argentina, South Africa; I could go on — is part and parcel of the vocabulary of mining. Dictators, guerrillas, hothead chieftains, bankrupt currency reserves, IMF loan rescues, they …
Friday: copper’s price, and with it copper miners and explorers’ shares, rebounded somewhat FRIDAY. Or shall we say, stabilized? See: copper futures contract. The Calandra Report / By Thom Calandra I am (or was) seeing our net worth here at home go on a diet this week. What with our largest nat-resources holding, Ivanhoe Mines (copper in …
Friday Update: Orford Mining | Copper | Ivanhoe Mines Read More »
PRODUCERS, even the emerging and mid-tier ones tracked at The Calandra Report/TCR, are starting to realize approx. $1,900 and greater gold prices in their sales. Gold sales are still below $2,000 an ounce yet demonstrate for small miners that there is demand for their concentrates, doré, bullion at near-market prices — without CFOs at these companies playing the derivatives hedging …