Energy Plug Technologies (CSE:PLUG) has signed its first battery contract with Ximen Mining (TSXV:XIM) to install a battery energy storage system that will help power a gold mine in Nelson, British Columbia. In a news release, the company stated it will install a 20kWh battery energy storage system (BESS) at Ximen Mining’s Kenville Gold […]
Although the price of gold has reached new record highs in 2024, gold miners are still far from their 2011 peaks. The graph below illustrates the evolution of gold prices since 2000 compared to the NYSE Arca Gold BUGS Index (HUI), which consists of the largest and most widely held […]
Great Atlantic Resources is taking a significant step forward at the Jaclyn Main Gold Zone at its 100% owned Golden Promise gold Property in Newfoundland by utilizing Novamera’s advanced Surgical Mining technologies. This pivotal move towards conducting a bulk sample in Q4 2024 is a key development, showcasing the project’s […]
An easily-predictable short squeeze has lifted COMEX precious metal prices off their recent floor. Equally predictable is the current rush to proclaim that new highs for 2024 will soon be forthcoming. “Please remain patient. Much higher precious metal prices are coming. However, if you get all excited every time prices move higher […]
Though tyrants and despots have for generations attempted to create money from nothing via currency devaluation schemes, the result is always the same. A collapse of confidence in the government-issued script leads to a renewed demand for gold- and silver-backed sound money. “Prepare accordingly through the disciplined, consistent acquisition of […]
Ideal conditions were in place two weeks ago for a big drop in Gold and Silver, and they have not disappointed. In fact, both continue to fall. On the bright side, we are fast approaching my targets for the bottom in both metals at lower lows around 1920-50 in Gold […]
In the gold industry, ESG is on everyone’s lips. Behind the abbreviation, lies the endeavor to motivate companies to actively pursue good environmental, social, and governance targets. ESG ratings offer investors and NGOs the opportunity to track progress in this effort and identify the best companies in the industry. However, […]
It has been a grueling five-month downtrend for COMEX gold and silver prices, and the charts suggest that, once again, prices are at an inflection point and near a breakout. Can both metals rally and extend from here or is this just another lower high amidst the downtrend? The first […]