Junior Mining News

By Cory Secova’s First Rushed Assays from Duvay/Chenier Confirms Near-Surface Gold Mineralization Here are the first drill results from Secova Metals. These results only encompass the top 46.5 meters of the first drill hole out of a total of 3,207 meters drilled. Still a lot of news to come out but the Company seems encouraged […]

By analyst By Cecilia Jamasmie The Bank of Nova Scotia, A.K.A. Scotiabank, is offloading its gold business in the wake of a massive money laundering scandal involving smuggled gold from South America by one of its clients. The Canadian lender’s ScotiaMocatta business is one of London’s main gold trading banks and, according to Financial Times,

By Matthew Carr There’s a war on cash. “Old money” is outnumbered, fighting multiple fronts. The rise of credit and debit cards has eroded the need for cash. Meanwhile, the quick uptick of mobile payments over the last several years has been pushing physical money to the brink of obsolescence. It’s a war cash isn’t

By analyst By Cecilia Jamasmie Brazil’s Vale (NYSE:VALE) is looking to sell a stake in its loss-making New Caledonian nickel operations as part of a wider review of low performing assets after new Chief Executive Fabio Schvartsman took charge in June. Production costs at Vale New Caledonia (VNC), one of the world’s top nickel mines,

By Greg Guenthner This post Dow Domination: 23,000 and Counting! appeared first on Daily Reckoning. The best part about my new “Dow 23,000” hat is that I can use a Sharpie to easily turn it into a “Dow 28,000” hat in just a few months as this unstoppable bull market continues its charge… Yes, the

By Cory Gold & Silver- Desperately need this to hold! The chart below is courtesy of Chris Kimble over at Kimble Charting Solutions. I am not a short term trader so I try to stay away from the short term charts. However when presented with a 30+ year chart I take note. Chris is simply

By analyst By Frik Els The world’s number one mining company BHP (NYSE:BHP) reported solid September quarter production across its business units on Tuesday and made no changes to its production and cost guidance for its current financial year to end-June 2018. The Melbourne-based giant said improved mine productivity and record output at its Jimblebar

By analyst By Frik Els Marc Faber in 2014. Image from archives Well-known market commentator, contrarian investor and gold bull, Marc Faber, is coming under fire for comments made in his latest missive for the Gloom, Boom & Doom Report. In the October edition of his closely-followed newsletter 71-year old Swiss-born Faber who lives in

By Cory Updates On Oil, USD, and Metals The Gold and Oil Guy, Chris Vermeulen joins me today to recap some of the markets we cover most closely. Chris outlines an upside and downside scenario for oil. As for the US dollar we relate how moves here could impact the metals which have been performing

By James Rickards This post Gold: Higher Highs and Lower Lows appeared first on Daily Reckoning. Gold could be in a long-term trend right now that spells dramatically higher prices in the years ahead. To understand why, let’s first look at the long decline in gold prices from 2011 to 2015. The best explanation I’ve