Category: Mining
1715 Posts
POSTED ON February 11, 2016 BY CEO Technician

Less than a month ago nobody wanted anything to do with the yellow metal, now suddenly everyone is bullish on gold and the herd is cramming through a narrow doorway trying to get long: GLD (Daily) The GLD exchange-traded fund has gone parabolic with a daily RSI(14) of 84.53 and a Force Index(13) that is… Continue Reading

POSTED ON February 10, 2016 BY CEO Technician

Since topping out above US$4.50/lb in 2011, copper has fallen by more than 50% to a recent low of $1.94/lb. The 5-year copper bear market can be primarily blamed on soft Chinese demand and bloated Chinese copper inventories resulting from the 2009-2010 Chinese economic stimulus plan. But there are some technical signs that the copper… Continue Reading

POSTED ON February 07, 2016 BY CEO Technician

Via Energy and Some stats about the current rally in the gold miners (GDX): +37.50% in 13 trading sessions GDX has gone from 3 sessions dipping below the lower 2-std. deviation Bollinger Band (January 19-21) to 3 consecutive closes above the upper 2-std. deviation Bollinger Band (February 3-5) GDX has rallied at least 5%… Continue Reading

POSTED ON February 05, 2016 BY James Kwantes

It’s fair to say Tintina Resources (TAU-V) and its Black Butte copper project in Montana makes the grade. The Johnny Lee deposit at Black Butte hosts 11.6 million tonnes at 3.6% copper, including a lower zone above 6% copper. “These are amazingly high grades, it’s very rare to see these in mineable quantities in nature,”… Continue Reading

POSTED ON February 04, 2016 BY CEO Technician

Sabina is fully funded through environmental assessment and permitting phases World class management team with history of success in bringing Arctic projects to acquisition and/or production Completed feasibility study with 24.2% post-tax IRR at US$1,150/oz gold price Back River life-of-mine all-in cash cost of US$763 per ounce One of the best performing junior gold explorers… Continue Reading

POSTED ON January 27, 2016 BY CEO Technician

Via Energy and The gold miners (GDX) rallied for a 6th consecutive trading session today making for a 14.5% gain since last Tuesday’s all-time low at $12.40:   GDX (Daily) In the last few years a six session winning streak in GDX has happened only twice (August 2014 and May 2015) and both times turned… Continue Reading

POSTED ON January 26, 2016 BY James Kwantes

Mountain Province Diamonds (MPV-T) CEO Patrick Evans opened his breakfast talk at Roundup Monday morning with a macro look at global diamond supply and demand, through the lens of Canadian production. Evans painted a somewhat dire picture, saying that Canada’s No. 3 position as a diamond producer is threatened because of “paltry” dollars being spent… Continue Reading

POSTED ON January 22, 2016 BY James Kwantes

Deep below the surface of Mongolia’s southern Gobi desert, men and machinery are laying the foundation for a mining enterprise that will drive the country’s economy for decades to come. Shaft 2 at Oyu Tolgoi’s underground mine expansion is 1.3 kilometres deep and will provide access to some of the largest stores of copper and… Continue Reading

POSTED ON January 19, 2016 BY CEO Technician

Kaminak Gold is one of the few junior gold explorers moving full speed ahead with its flagship Coffee Gold Project despite challenging market conditions; the economics at Coffee are simply too compelling.    Last week Energy & Gold had the opportunity to catch up with Kaminak Gold (KAM.V) CEO Eira Thomas and VP of Corporate… Continue Reading

POSTED ON December 18, 2015 BY Andrew Pollard

The Mining Recruitment Group and Cambridge House International have teamed up to shine a light on the best and brightest mining executives under the age of 35 at the upcoming Vancouver Resource Investment Conference to be held January 24-25, 2016. With 39 percent of mining executives planning to retire from full-time employment within the next… Continue Reading

POSTED ON December 17, 2015 BY CEO Technician

Via Energy and   “100 years of history proves that the Fed is clueless. The mismatch between interest rates and risk today is absolutely insane. My opinion is that the whole financial system is going to blow sky high.”   The Energy & Gold team had the pleasure connecting with legendary metals blogger and… Continue Reading

POSTED ON December 16, 2015 BY CEO Technician

Via Energy and A sea of green across U.S. equity markets today:   S&P 500 Heat Map Perhaps most interesting was that gold miners (GDX) rallied nearly 4% as gold added $17/ounce:   GDX (Daily) GDX has spent the 2nd half of 2015 repeatedly testing support in the $13-$14 area. Given that the ‘bad… Continue Reading

POSTED ON December 16, 2015 BY James Kwantes

As a child growing up in England, Paul Brockington used to enter stock-picking contests run by the Daily Mail newspaper. Later, having spent a decade as a Winnipeg-based mining analyst for Richardson, Brockington was in a position to recognize the potential significance when Chuck Fipke’s Dia Met Minerals drilled the discovery hole that launched the… Continue Reading

POSTED ON December 15, 2015 BY Paul Zimnisky

Given the current inclement state of the diamond industry, I thought it would be useful to take a few steps back and break the convoluted dynamics of the industry down into the simplest fundamental concept in economics: supply and demand. Despite the fact that the diamond industry is heavily concentrated, and still possesses tones congruent… Continue Reading

POSTED ON December 12, 2015 BY CEO Technician

Via Energy & The Federal Reserve finds itself in a tricky situation heading into Wednesday’s FOMC announcement. There has been a considerable build-up over the past several weeks (primarily from strong employment reports) which has led to the market anticipating a 25 basis point hike the Fed Funds Rate. However, the shakeout in the… Continue Reading

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