News

By Jordan Roy-Byrne CMT, MFTA In recent days the gold stocks (GDX, GDXJ) traded within 1% of our downside targets of GDX $21.00 and GDXJ $29.50. Last week we wrote: “the miners are getting oversold and a bounce could begin from those levels.” GDXJ troughed first last week at $29.84 while GDX printed a low […]

By analyst By Valentina Ruiz Leotaud Following a 40-day stoppage, employees of Minera Media Luna who work at El Limón-Guajes site in the Mexican state of Guerrero are going back to work. Minera Media Luna is Canada’s Torex Gold Resources (TSX:TXG) wholly-owned subsidiary in the Latin American country. It operates the El Limón-Guajes project, one

By analyst By Frik Els Gold’s looks like it’s limping to the finish line with a $100 decline from it’s 2017 high hit three months ago, but bullion bulls would probably feel happy about a second year of near double digit gains (provided the last fortnight of 2017 has no surprises in store). Silver’s been

By analyst By Valentina Ruiz Leotaud The world’s largest diamond producer by output, Alrosa (MCX:ALRS), announced today the recovery of a large gem-quality diamond of 98.63 carats from its historic Jubilee (Yubileynaya) pipe, located in the eastern Republic of Yakutia. The octahedron crystal has inclusions of olivine, graphite and sulphide, is transparent yellow-tinted and measures

By Rob Otman Carnival (NYSE: CCL) is a large cap company that operates within the hotels, restaurants and leisure industry. Its market cap is $47 billion today, and the total one-year return is 27.56% for shareholders. Carnival stock is beating the market, and it reports earnings soon. But does that make it a good buy

By Jordan Roy-Byrne CMT, MFTA This 7-page flash update was published and emailed to subscribers Friday morning. It was also posted to the website. The update covers the recent rebound in the gold stocks, how far it could run, the outlook for Fed policy and when a fundamental catalyst for Gold is more likely to

Source: Clive Maund for Streetwise Reports 12/15/2017 Technical analyst Clive Maund charts a young gold company that he believes “is going places.”Revival Gold Inc. (RVG:TSX.V) is a young gold stock that looks like it’s going places. After starting trading in March it immediately went into a steady uptrend that later accelerated into a peak in

By analyst By Valentina Ruiz Leotaud Canada’s Diamcor Mining (TSX-V:DMI) announced this week not so positive results from the tender and sale of rough diamonds recovered from its 5,888-hectares Krone-Endora project in South Africa, located next to De Beers’ Venetia mine, the world’s third largest. “The Company sold 4,353.91 carats of rough diamonds for gross

By analyst By Valentina Ruiz Leotaud The Indian Captive Power Producers Association or ICPPA held a press conference on Thursday where its president, Rahul Sharma, denounced that most captive power producers are getting half of the coal they need from state-owned Coal India and are considering increasing their imports. The scarcity of the mineral is

By analyst By Valentina Ruiz Leotaud A major iron ore project in Kazakhstan is getting a high-tech makeover. The Kacharsky mine, operated by Eurasian Resources-owned JSC Sokolov-Sarbai Mining Production Association or SSGPO, is being transformed into a “smart mine.” With an investment of $10 million, a new modular automated system for production processes was integrated