Updated Wednesday June 26, 2024 Eagle Gold Mine Heap Leach Collapse | Some See Hope Victoria Gold‘s apparent Eagle Gold Mine heap-leach pad failure in Yukon will leave 500 direct employees of the company without jobs. The human side of this mine accident dwarfs the investment losses thus far of Victoria Gold shareholders VCGX, …
TCRs, a multi-metallic explorer again is snagging stock bids early this week. The activity comes at the close of a party-pooping June for mining stocks. Terry Lynch’s Power Nickel PNPN with its multiple-element Nisk deposit in Québec is probably Canada’s most vociferous and creative booster of its own goods. Latest headline: getting tycoons to …
First Mining Gold | Alamos Gold | CanAlaska Uranium China real estate woes on one side of the world vs. a probable business boom in the West (see manufacturing report please Friday) continue to add to and subtract from a topsy-turvy metals market. Copper prices are eroding — down 2% to its late April levels; …
Trading note This week and last week, I sold a small stake ($300 USD) — the rest of our Western Copper & Gold WRN at break-even. I lightened up, as discussed, in DHT Maritime DHT; we now own approx. $18,000 worth. Profitable, long-term holding. See below.* I sold $800 worth of Azimut Exploration AZM AZMTF …
Ghana’s Xtra-Gold: Kibi Assays Show String Of 2+-Gram Hits Also: ‘Names’ Back Brazil Explorer TCRs, these two miners are our The Calandra Report titles that thus far refuse to lose market-cap in the ongoing June metals swoon. Brazil metals explorer Bravo Mining BRVO BRVMG is unveiling an (iron-oxide-gold-IOCG) copper discovery that is reaching in some intervals to 22% grades. Xtra-Gold Resources XTG XTGRF is …
Bravo Mining’s Copper — Brazil | C3 Metals’ Copper — Jamaica Brazil metals explorer Bravo Mining BRVO BRVMG is unveiling an (iron-oxide-gold-IOCG) copper discovery that is reaching in some intervals to 22% grades. Monday update: Bravo Mining just in with ita latest copper intercepts. Below. Trading note below.* Bravo looks to release assays hole by hole as soon as …
Secular Gold Rally | Solace In The Smash Is there solace to be taken from the interrupted metals rally? I think so. I know so. I learned never to call these blunt smashes “corrections.” The 2024 gold-silver-copper rally was not a correction? What is correct? THE SOLACE: “This kind of thing lowers expectations,” Gene McBurney, …
BeMetals *| Contango Ore | CanAlaska Uranium | Platinum Group Metals [TCRs, commodities-linked companies are catapulting, then cratering every other day — with the trend higher for months now; along with their attendant metals. Reciprocal gold theory below. — Thom Calandra TCRs, oddly justified trading this month: one day, silver, platinum, copper off as much …
This is a private archived report from thomcalandra.com and The Calandra Report. Please e-mail Thom at thom@thomcalandra.com for more information. Thank you.
“It seems that Western investors are stubbornly sticking to the old playbook for gold: rising real interest rates translate into a lower gold price and therefore lead to net-negative gold sales.” Incrementum AG Gold Report — just published. EMX Royalty | Ivanhoe Mines | Elemental-Altus Royalties | Kenorland Minerals | Blackrock Silver The miners and shippers that we follow, and their associated …