Wealth Creation Through Natural Resources
Steel stocks began selling off hard last week: X (Daily) And the selling spread to integrated commodity behemoths such as BHP and Glencore today: GLEN.L (Daily) While it’s possible that this market action could be limited to the … Continued
While gold futures ended the week near $1290, barely $1 off its highs and up ~2.5% for the week, the gold miners told a slightly different story. The GDXJ fell 3.52% on Thursday and only managed to gain 38 basis points … Continued
Shares of Newcastle Gold (TSX:NCA) surged 11.1% today on the heaviest trading volume in more than three years after reporting impressive drill results at its Castle Mountain gold project in California. Newcastle intersected 31.19 grams/tonne Au over 29.0 meters in … Continued
Energy & Gold has covered Siyata Mobile (TSX-V:SIM, SIMFF:OTC) for more than a year since featuring it last March. During that time we have watched SIM shares more than double: SIM.V (Daily) The company has experienced growing momentum since … Continued
Graphite demand is surging and as Elon Musk famously stated last year “our cells should be called nickel-graphite because primarily the cathode is nickel and the anode side is graphite with silicon oxide.” The boom in lithium-ion battery megafactories in … Continued
There is an intriguing situation developing in the silver market: Silver futures open interest has increased to nearly 220,000 contracts (nearly US$20 billion notional), within 6,000 contracts of last August’s peak Producers have moved to a larger short position (~US$6 … Continued
According to RBC mining share valuations have flipped considerably in the span of less than two months: After reaching a roughly 15% premium to net asset value (NAV) at the February peak the recent underperformance in mining shares relative … Continued
Scientific Metals (TSX-V:STM) is one of the most exciting North American energy metal explorers out there right now. STM’s Iron Creek cobalt Project in Idaho is potentially the most promising exploration stage cobalt project in North America and STM recently … Continued
Heading into today’s trading session the market was clearly worried about a hawkish statement from the Fed with the potential for a faster series of rate hikes than previously expected. As it turned out the Fed statement was fairly neutral … Continued
Latin America is clearly the leading growth continent for the resource industry as senior metals producers scramble to replace depleting reserves. Chile is arguably the best country for mining and minerals exploration in Latin America. However, it is increasingly rare … Continued