Precious metals

NORNICKEL TO HOST A CONFERENCE CALL ABOUT THE FUEL LEAK IN NORILSK

Friday, June 5, 2020 - 2:06pm

MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper.

Key Points: 
  • MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper.
  • The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, sulphur and other products.
  • The production units of Norilsk Nickel Group are located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland and South Africa.
  • MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRs are traded over the counter in the US and on the London, Berlin and Frankfurt Stock Exchanges.

Silver Price is Expected to Catch Up With Growing Demand and Silver Producers in Mexico Look to Expand Production

Wednesday, June 3, 2020 - 1:55pm

With the world turning more and more toward green energy sources and new technology applications, the demand for silver is growing along with it.

Key Points: 
  • With the world turning more and more toward green energy sources and new technology applications, the demand for silver is growing along with it.
  • The impending supply squeeze is creating a favorable environment for silver producers, particularly the world's purest silver producer First Majestic Silver Corp. (NYSE:AG) (TSX:FR).
  • The company currently holds 1,045,342 ounces of silver and 1,459 ounces of gold in inventory as it patiently waits for the price of silver to rebound.
  • Industrial applications already make up more than half of global silver demand and are expected to increase by 3% in 2020.

Silver Price is Expected to Catch Up With Growing Demand and Silver Producers in Mexico Look to Expand Production

Wednesday, June 3, 2020 - 1:55pm

With the world turning more and more toward green energy sources and new technology applications, the demand for silver is growing along with it.

Key Points: 
  • With the world turning more and more toward green energy sources and new technology applications, the demand for silver is growing along with it.
  • The impending supply squeeze is creating a favorable environment for silver producers, particularly the world's purest silver producer First Majestic Silver Corp. (NYSE:AG) (TSX:FR).
  • The company currently holds 1,045,342 ounces of silver and 1,459 ounces of gold in inventory as it patiently waits for the price of silver to rebound.
  • Industrial applications already make up more than half of global silver demand and are expected to increase by 3% in 2020.

Silver Short Squeeze and Growing Demand Creates a Winning Combination for Silver Companies

Tuesday, June 2, 2020 - 1:45pm

As of April 27, the equivalent of 65.8% of annual global silver production was put on hold and put a serious dent in silver output.

Key Points: 
  • As of April 27, the equivalent of 65.8% of annual global silver production was put on hold and put a serious dent in silver output.
  • Supply constraints are boding well for silver price, pushing the price of silver to a three-month high of $17.51 an ounce earlier this month.
  • CIBC analysts are predicting that the silver price will hit $18 in 2020 and go up to $19 in 2021, while the Silver Institute expects silver to reach $19 this year.
  • One company that exceeds this criteria is First Majestic Silver Corp. (NYSE:AG) (TSX:FR), the purest silver producer in the world.

Silver Short Squeeze and Growing Demand Creates a Winning Combination for Silver Companies

Tuesday, June 2, 2020 - 1:45pm

As of April 27, the equivalent of 65.8% of annual global silver production was put on hold and put a serious dent in silver output.

Key Points: 
  • As of April 27, the equivalent of 65.8% of annual global silver production was put on hold and put a serious dent in silver output.
  • Supply constraints are boding well for silver price, pushing the price of silver to a three-month high of $17.51 an ounce earlier this month.
  • CIBC analysts are predicting that the silver price will hit $18 in 2020 and go up to $19 in 2021, while the Silver Institute expects silver to reach $19 this year.
  • One company that exceeds this criteria is First Majestic Silver Corp. (NYSE:AG) (TSX:FR), the purest silver producer in the world.

Eastern Zinc Signs Definitive Agreement to Acquire the Skaergaard Palladium and Gold Project

Monday, June 1, 2020 - 7:54pm

The Company reports that a historical resource estimate (Historical Estimate) was completed for the Skaergaard Project in July 2013 using metal price assumptions of US$1,400/oz for gold and platinum, and US$560/oz for palladium.

Key Points: 
  • The Company reports that a historical resource estimate (Historical Estimate) was completed for the Skaergaard Project in July 2013 using metal price assumptions of US$1,400/oz for gold and platinum, and US$560/oz for palladium.
  • This historical estimate is considered relevant as it demonstrates the three-dimensional continuity of the three main reef complexes within the Skaergaard Project that host PGM (palladium and platinum) and gold mineralization.
  • Eastern Zinc is not aware of any additional historical estimates for the Skaergaard Project.
  • Eastern Zinc is engaged in the business of acquiring, exploring and developing natural resource properties with a focus on zinc properties/projects.

Mexus announces May results and gives guidance for June

Monday, June 1, 2020 - 8:01am

Mexus is looking to produce 150 ounces of gold in the month of June, 2020.

Key Points: 
  • Mexus is looking to produce 150 ounces of gold in the month of June, 2020.
  • (See attached photo) Sampling of this material shows visible gold and contains easily leached microscopic gold.
  • Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.
  • The actual results may differ materially from those contained in this press release.

The Gold-Silver Price Ratio is Closing and Turning Investor Interest Toward Silver Stocks

Thursday, May 28, 2020 - 1:45pm

The gold-silver price ratio recently hit a historical peak of 124:1, marking a drastically higher margin than the average 87:1 ratio in 2019.

Key Points: 
  • The gold-silver price ratio recently hit a historical peak of 124:1, marking a drastically higher margin than the average 87:1 ratio in 2019.
  • The uptick is encouraging for silver market enthusiasts, but it could only be the beginning for the undervalued metal.
  • According to analysts at CIBC, silver will average around $18 an ounce in 2020 and $19 the following year.
  • New applications like 5G infrastructure and solar energy are also expected to support rising silver prices, but it's investor interest that will likely be the biggest driver.

The Gold-Silver Price Ratio is Closing and Turning Investor Interest Toward Silver Stocks

Thursday, May 28, 2020 - 1:45pm

The gold-silver price ratio recently hit a historical peak of 124:1, marking a drastically higher margin than the average 87:1 ratio in 2019.

Key Points: 
  • The gold-silver price ratio recently hit a historical peak of 124:1, marking a drastically higher margin than the average 87:1 ratio in 2019.
  • The uptick is encouraging for silver market enthusiasts, but it could only be the beginning for the undervalued metal.
  • According to analysts at CIBC, silver will average around $18 an ounce in 2020 and $19 the following year.
  • New applications like 5G infrastructure and solar energy are also expected to support rising silver prices, but it's investor interest that will likely be the biggest driver.

DGAP-News: Inca One to Launch Direct to Customer Gold and Silver Bullion Store

Thursday, May 28, 2020 - 11:02am

Upon the onset of the global pandemic, Inca One recognized the immediate need for precious metal investors access to purchase gold and silver bullion.

Key Points: 
  • Upon the onset of the global pandemic, Inca One recognized the immediate need for precious metal investors access to purchase gold and silver bullion.
  • With the official launch scheduled for June, the Company's bullion store will initially offer 1-ounce gold coins and will add additional products, including silver options in the future.
  • The Company will stamp and mint the inaugural, Peruvian-themed coins unique to the Inca One gold and silver bullion store.
  • Inca One Gold Corp is a TSX-V listed, small-cap, gold producer operating two, fully permitted, gold ore processing facilities in Peru.