Wealth Creation Through Natural Resources
BMC to construct 50,000 tonne pilot processing plant Enable processing of both colluvium and primary vein material Expected to be operational in early 2017 June 27th, 2016 – VANCOUVER, BC, CANADA – Cancana Resources Corp. (TSX.V: CNY) (the “Company” or “Cancana”) … Continued
38 months ago, as the teeth of the cyclical bear market were sinking in deeper, gold tumbled more than $200/oz within the span of two trading sessions before putting in a short term low at $1321.50. In many ways gold … Continued
One of the most surprising events in recent market history is taking place with a shocking British vote to leave the EU. Markets were quite certain that Britain would remain in the EU just a few hours ago and have … Continued
Since vaulting above $1280 for the first time in more than a year gold has essentially found itself oscillating within a $100 range while making marginal new 52-week highs: Gold (Daily) Each marginal new high since March has occurred with … Continued
Crude oil has nearly doubled from its February low and has carved out a fairly robust uptrend during the first half of 2016, recently finding support near its rising 50-day simple moving average: WTI Crude Oil (Daily) The uptrend … Continued
The gold miners as represented by the GDX have been running up against resistance in the $25-$27 range for the past couple of months. Already a significant amount of volume has been churned above the $25 in GDX and there … Continued
The name of this website is energy & gold.com so it’s only fitting that we analyze the charts of gold and crude oil this weekend: Gold (Weekly) I’m going to sharpen my pencil here and say that we need … Continued
Continental Gold (CNL.TO) is rallying back above C$3.00 today as it tests a key resistance zone: CNL.TO (Daily) The support/resistance zone between C$3.00 and C$3.25 represents a crucial test for CNL. A breakout above C$3.25 would complete a 9-month … Continued
The gold mining sector is emerging from a five-year bear market that saw valuations collapse by nearly 90%. During the last few years, companies slashed exploration budgets and M&A within the sector dropped off substantially. Most gold miners were focused … Continued
Arena Minerals (AN.V) has continued with its prospector generator model with its latest transaction involving Rouge Resources. Arena is focused on the Atacama Copper Property while leveraging partners’ capital to advance projects. Arena CEO William Randall had this to say … Continued