Commodity prices for metals, and for some foodstuffs (soy beans for one), look to be recovering from a 1-year-plus slog. Wise if we all were in live cattle, for one, as we endured the metals malaise. Now those cows represent a splendid a one-year futures chart (mais pas moi). How about maligned uranium, which is …
Grapevine: Ivanhoe | Alamos Gold | Plat Vs. Pall | Uranium Read More »
Gold, Copper Intercepts Yielding Several Touchdowns — For Once Updated with geo-comments from Namibia’s Osino Resources; and with link to MJG Capital’s first-half required-reading review. MJG (Matt Geiger) surveys Canada’s Kenorland Minerals front and center. A Brazil mining thesis, too. Drill-core images and their assayed intercepts are boosting specific gold and copper explorers’ shares. Not many, but of …
This report: Aston Bay Holdings, Stuhini Exploration, Aztec Minerals, Alaska Energy Metals, others. Obscure mining-cos (approx. $100 million market value and lower) are entering a summer-autumn scramble for fresh cash. Many do not deserve it. The $ub-100s, as I label them, face larger explorer-developer-producers’ brokered equity placements, convertible debentures (BeMetals‘ $3.3 million CAD one), ‘bought’ …
Inside: European Shipper As Commodities Indicator Plus: alluvial cash funding exploration, equipment, salaries at Ghana’s Xtra-Gold. Mourning for Victor Nkansa — below. TCRs, Ivanhoe Mines’ Robert Friedland is raising a copper cup to the U.S. Department of Energy‘s placement of the metal in its yearly critical metals review. The inclusion of copper in the …
Ivanhoe Mines Shares Extend Record Highs SHARE DRIVERS for IVN IVPAF likely are a.) the Kamoa-Kakula copper miner’s approx. $1 billion buildout of a flash smelter at the DRC Congo complex, thus roasting and smelting sulfide concentrates in a single furnace and reducing transportation costs for copper-con; b) Kamoa Copper’s researching of profitable recoveries …
Plus: Contango Ore | Onyx Gold IVN IVPAF shares this week are marking all-time (12-year) closing highs. Below.* Published Wednesday, July 26, &. Tuesday July 25, 2023] Contango Ore: A CTGO underwritten financing is priced approx. 24 percent below Friday’s close at $19 USD. The Alaska miner’s stock Monday-today lost more than $7 USD to …
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 …