Scorpio Gold, 2H/25 production potential in Nevada
With gold (“Au“) up +37%!! in the past 12 months to $2,628/oz., earnings for producers are coming in hot. And, profits will be even stronger next year, as year-to-date Au has averaged $2,286/oz., ~13% below the current level. UBS, Citi, … Continued
Madison Metals, the next #uranium producer in Namibia
After topping out at a bit over ~US$106/lb. nearly eight months ago, the spot price of uranium has fallen ~25% to ~$79.5/lb. For readers not following it closely, $79.5/lb. is a strong level, the highest in many years (before the … Continued
Silver Storm; primed for next leg of Epic bull market!
Gold & silver are having an extraordinary year, up 25.5% & 31.0% year-to-date to $2,591/oz. & $31.23/oz. As expected, the stocks of many producers are up substantially. Newmont, Agnico Eagle, Kinross, Alamos Gold, Hecla Mining, Pan American Silver & Coeur … Continued
Colonial Coal $CAD.v Breaking News! –> No, still waiting…
M&A activity in metals & mining is increasing. On August 21st a merger between coal companies Arch Resources & CONSOL Energy was announced, creating a US$5B U.S. powerhouse. I would not be surprised to see BHP acquire Tier-1 coking coal … Continued