Gold Miners Have a Big Problem

Many years from now, investors will talk about the bull market for gold miners that began in 2019/2020. They will reminisce about the premiums major miners paid for previously unknown juniors; and how historic stimulus and money printing took the precious metal to all-time highs. Of course, they’ll also talk about who got rich and […]

Read More…

Barrick Gold CEO Sees New Base Price for Gold

declining reserves fueling rally in gold

On August 10th, Barrick Gold Chief Executive Officer Mark Bristow spoke with “Bloomberg Markets” about his company’s focus. Gold continues to bounce back after a major sell-off Tuesday that saw the metal fall more than $100. The price of the precious metal was up nearly $30 an ounce Thursday to $1,948.32 an ounce in afternoon […]

Read More…

Total Financings Total $1.25 Billion in June and July on TSX Venture

mining companies raise more than $1 billion in June and July

In a stunning display of demand, investors poured $679.8 million into TSX Venture issuers in July, according to the latest TMX Group data. What makes July’s financing figures so impressive, is not that it came in mid-summer, but that it was following June’s whopping $569.8 million in total financings. These are massive monthly numbers and […]

Read More…