The Calandra Report

Rally Interrupted: Still Secular Gold Bull?

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, […]

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Zambia’s Copper | Reciprocating Gold

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

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‘Old’ Gold Playbook | New ‘Strategics’

“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

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Fresh Copper View | OTC Listings Active

Sunday-Monday Updating: Metals futures were advancing fiercely in Asia. See prices of copper, gold, silver, platinum. The metals cooled their jets at North America open. [Canada: holiday Victoria Day/Journee Des Patriotes] A worthy copper view from the Qatar economic conference. “It takes about 10 to 20 years to build a copper mine.” See: Ivanhoe Mines

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Gold Gains Make China ‘Cautious,’ Report Says

DHT Maritime Holdings shares surpass $12 USD for the first time since 2012.* Xtra-Gold’s XTG quarter shows after-tax Ghana gold profits of $510,000. GoviEx Uranium GXU saw a Niger mining minister visit its Madaouela site in the coup-dazed nation; the stock gained 20%. — Thom Calandra DHT Maritime | Xtra-Gold Ghana | GoviEx Uranium Niger

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China: ‘Cautious’ Gold? | Ghana Miner’s Profits | Platinum

DHT Maritime Holdings shares surpass $12 USD for the first time since 2021. * Xtra-Gold’s XTG quarter shows after-tax Ghana gold profits of $510,000. GoviEx Uranium GXU saw a Niger mining minister visit its Madaouela site in the coup-dazed nation; the stock gained 20%. — Thom Calandra Plus: Cargo Carriers | Niger Uranium | Outpacrs

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An Alaska Gold Combo | Peru Copper: Teck Stake?

Copper Scrum Continues | So Do Mini-Midi Gold Takeovers Plus: Carbon-capture; Deutsche Goldmesse event; Turquoise Hill More copper: Privately held Peru concession owner Coppernico Metals says it will get, upon closing, $15 million CAD from a “major mining company” via a 9.9% strategic placement.   Canadian Ivan Bebek says both parties prefer to wait until the investment closes

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Africa’s Ivanhoe Looks To Catapult Copper Output

— Copper miner Ivanhoe Mines takeaways — IVN IVPAF below. — ​Uranium price is ignited again with Russia import ban on U.S. president’s desk. Still, the legislation, another sanction for Russia, which is or was providing 10% or so of U.S. uranium, was in the cards. “The Russian suspend agreement already was in place that

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