Gold

ECB's Strategic Review and the Coronavirus Command Investors' Attention

Overview: The spread of the coronavirus and the lockdown in the epicenter in China has again sapped the risk-taking appetite in the capital markets. Asia is bearing the brunt of the adjustment. Tomorrow starts China's week-long Lunar New Year celebration when markets will be closed, which may ...

PHYSICAL GOLD IS ETERNAL – PAPER GOLD IS EPHEMERAL

Physical gold is eternal and paper gold ephemeral. Take heed of this before the collapse of the fake gold paper market together with most paper assets. With a paper market in gold that totally dominates gold trading and distorts the price of gold, it is easy for most people to forget what gold is a ...

Polymetal beats guidance again

Polymetal, one of Russia’s largest gold and silver producers, has exceeded its guidance for the eight year in a row. The LSE-listed miner’s 2019 gold-equivalent production amounted to 1.61-million ounces. This is an increase of 3% on 2018 and is 4% above the original production guidance of 1.55- ...

Miner missing at Henty gold mine

A worker missing at the Henty gold mine, in Tasmania, was yet to be recovered, the Tasmanian police said on Thursday. The worker was reported missing early on Thursday morning after staff at the mine was unable to make contact, and an initial investigation found a section of earth collapsed. ...

Uncover the best metal to invest in for resource gains

To find the best metal to invest in, consider your temperament and how you might profit from an array of metals, including copper or gold We continue to recommend that you cut your risk in the more volatile resource sector by investing mainly in stocks of profitable, well-established mining compani ...

Fragile Stability in Capital Markets even as SARS Comparisons Grow

Overview: The S&P 500 lost less than 0.3% yesterday, even as the first case of the Wuhan Virus was found in the US. The relative subdued US reaction may have helped stabilize the capital markets today. Nearly all the major markets in the Asia Pacific regions rose, including more than a 1% gain ...

New Respiratory Illness Saps Risk-Taking Appetites

Overview:  The spread of a new respiratory illness in China has spurred a wave of profit-taking in equities and risk assets more generally.  All of the markets in the Asia Pacific region tumbled, with Hong Kong hit the hardest (-2.8%) after posting a key reversal yesterday.  The sell-off con ...

TMAC Resources launches strategic review

Production in the fourth quarter at TMAC Resources’ (TSX: TMR) struggling Hope Bay mine in Nunavut were at the low end of expectations and the company has begun a strategic review process. googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');}); The deferral of mining i ...

The Next Catalyst for Gold

The precious metals sector remains in a correction, and as long as the 200-day moving averages hold, a bullish consolidation that began last September. Sure, Gold made a new high and is still holding around the previous high, but the rest of the sector has not confirmed that strength. When Gold is ...

BHP sees little impact from Chile unrest

The world’s number one mining company BHP  (NYSE:BHP) reported robust numbers from its copper operations on Monday despite political upheaval in Chile, location of the world’s largest copper mine which is operated by the company. googletag.cmd.push(function() {googletag.display('div-gpt-ad-15 ...