~*~Mining and Metals Du Jour~*~

[JD400]

MORNING METALS
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Fed Day
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Gold (US$/oz) -7.85 (0.44%) 1,767.70
Silver (US$/oz) -0.24 (0.91%) 26.05
Copper (US$/lb) -0.02 (0.45%) 4.47
Platinum (US$/oz) -4.15 (0.34%) 1,226.20
Palladium (US$/oz) -16.25 (0.55%) 2,928.00
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MARKET MOVERS

Company Change Last Trade

New Pacific Metals 0.58 9.63 $6.60

First Quantum Minerals 0.53 1.79 $30.20

Great Bear Resources 0.51 3.52 $14.98

Ero Copper 0.38 1.58 $24.47

Lundin Mining 0.37 2.42 $15.69

Standard Lithium 0.37 9.37 $4.32

Cameco Inc. 0.31 1.52 $20.74

Imperial Metals 0.30 5.98 $5.32

Mandalay Resources 0.30 13.70 $2.49

St. James Gold 0.24 7.19 $3.58

Great Bear Royalties 0.24 5.78 $4.39

Copper Mountain Mining 0.20 4.87 $4.31

Atalaya Mining 0.19 3.28 $5.98

Blackwolf Copper and Gold 0.18 18.95 $1.13
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HIGH VOLUME

Company Volume Last Trade

Roxgold 8,195,390 $2.10

Nevada Copper 5,590,808 $0.23

Fortuna Silver Mines 3,343,677 $7.56

Copper Mountain Mining 2,824,775 $4.31

Kinross Gold 2,812,270 $8.87

Galleon Gold 2,791,980 $0.14

Lundin Mining 2,699,552 $15.69

First Quantum Minerals 2,513,506 $30.20

Capstone Mining 2,377,024 $5.09

Uranium Energy 2,222,724 $2.80

B2Gold 2,100,015 $6.15

Walker River Resources 1,978,319 $0.11

Ivanhoe Mines 1,878,021 $8.90

Sherritt International 1,536,551 $0.58

Labrador Gold 1,445,308 $0.67

Lundin Gold 0.18 1.49 $12.24
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FINANCINGS

Ethos Closes Final Tranche of Financing and Monetizes Ligneris Project Interest

Prime Mining Announces Closing of C$28.8 Million Bought Deal Private Placement Financing

Exploits Discovery Announces $4.1 Million Investment by Strategic Investor Eric Sprott

GR Silver Mining Completes Oversubscribed $11,534,500 Bought Deal Financing

Tudor Gold Closes $9.6 Million Private Placement with Joint Venture Partner Teuton

Reunion Gold Announces C$3 Million Marketed Private Placement Offering and Increases

Kingfisher Metals Announces $4.0 Million Private Placement Financing
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EARNINGS / PRODUCTION RESULTS

First Quantum Minerals Reports First Quarter 2021 Results

Capstone Mining Achieved Record Operating Cash Flow of $95 million in Q1 2021

Copper Mountain Mining Announces Q1 2021 Financial Results, Posts Record Quarterly

Aya Gold & Silver: Strong Silver Production of 389,132 Ounces in Q1 2021

Vox Royalty Reports 2020 Financial Results and Strong Growth from 10 to 50 Royalties

Atico Mining Produces 4.50 Million Pounds of Cu and 2,134 Ounces of Au First Quarter

Anaconda Mining Reports Q1 2021 Production Results and Provides Operations Update
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PROJECT ACQUISITIONS

Honey Badger Silver Adds to its Dominant Position in the Thunder Bay Silver District

Kenadyr Mining Signs Letter of Intent to Acquire Kamkor Copper Deposit

Joshua Gold Resources Inc. Announces Acquisition of Gold Property

Hawkmoon Resources Acquires a Cluster of Seven Gold Showings in Quebec’s Abitibi

BeMetals Completes Acquisitions in Japan and $7.5M Investment from B2Gold
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FEASIBILITY / PEAS / RESOURCES

Loncor Resources Increases Open Pit Mineral Resources by 44% to 3.15 Million Ounces

Unigold Inc. Delivers Positive PEA for Candelones Oxide Project

Major Precious Metals Reports 5.5 Million Palladium Equivalent Ounce Indicated Resource

Battery Mineral Resources Announces Maiden Cobalt Resource for McAra Deposit

Marathon Gold Reports Maiden Mineral Resource Estimate for Berry Deposit

Bunker Hill Mining Announces Robust Restart PEA: $101M NPV, 46% IRR, 2.5 Year Payback

Roxgold Announces Robust Séguéla Feasibility Study with After-Tax NPV of US$380
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MERGERS / ACQUISITIONS / JVS

Fortuna Silver Mines and Roxgold Agree to Business Combination Creating a Low-Cost

Stratabound Minerals to Acquire California Gold Mining Inc. to Create a Combined North

Orefinders Resources & Mistango River Resources Announce Strategic Partnerships & Equity

Orocobre and Galaxy Resources agree to a proposed A$4B merger of equals,

Kenorland Minerals Ltd. and Sumitomo Metal Mining Canada Ltd. Announce Additional 2021

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Craig Hemke at Sprott Money: The people have the power


Submitted by admin on Tue, 2021-04-27 23:38 Section: Daily Dispatches

11:37p ET Tuesday, April 27, 2021

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, reiterates that the only way of putting the fractional-reserve, derivatives-based bullion banking system to the test is for ordinary investors to eschew the system's paper products and take delivery of real metal, thereby vaporizing the imaginary supply.

Hemke's commentary is headlined "The People Have the Power" and it's posted at Sprott Money here:

https://www.sprottmoney.com/blog/The-People-Have-the-Power-Craig-Hemke-A...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[e-mail]
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Palladium Prices and Demand Are Still Off the Charts

Tom Lydon April 26, 2021

Amid strong demand, palladium prices are notching record highs, fueling the Sprott Physical Platinum and Palladium Trust (NYSEArca: SPPP) in the process.

SPPP provides “a secure, convenient and exchange-traded investment alternative for investors who want to hold physical platinum and palladium. The Trust offers a number of compelling advantages over traditional exchange-traded platinum and palladium funds,” according to the issuer.

A variety of factors have palladium flirting with the previously unthinkable $3,000 an ounce mark.

“Palladium extended its blistering rally to an all-time high within striking distance of $3,000 on Friday on supply concerns and bets for improving demand,” reports Reuters.
continues here>>>> https://www.etftrends.com/gold-silver-investing-channel/palladium-prices-demand-off-charts/
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EVERY SINGLE OUNCE OF PHYSICAL SILVER HAS BEEN SOLD UP TO 1000 TIMES


The paper silver issuers know that they are dealing with totally clueless buyers who don’t understand that there is no silver, they will continue to…

by Egon von Greyerz of Gold Switzerland

The silver price is today half of the January 1980 level. That was the peak at $50 which silver reached again 31 years later in 2011. But alas, the bullion banks, aided by the BIS (Bank for International Settlement) and central banks have again managed to push it down again and today silver is only $26.10.

The current silver price has nothing to do with supply and demand. In a real market the Price of Silver would be substantially higher. In a fake market, the manipulators have no problem to suppress the price by selling virtually unlimited fake paper silver.
EVERY SINGLE OUNCE OF PHYSICAL INVESTMENT SILVER IS ESTIMATED TO HAVE 500-1000 PAPER CLAIMS.

The LBMA and Comex clan has sold their physical silver up to 1,000X over.

If a salesman has a demand for 1,000 items of a product of which he possesses the only one available, he will first rub his hands and then perform a victory dance. He knows he will achieve an astronomical price.

And that is exactly what would happen in a free silver market. But since the paper silver issuers know that they are dealing with totally clueless buyers who don’t understand that there is no silver, they will continue to stuff the gullible buyers with more fake silver.

That is, until the buyers wake up and ask for delivery to find out that the silver vaults are empty.

We know that the silver market is very strained already. Retail silver can fetch margins up to 50% and they have been at 100% premium. But at least when people buy retail silver from a reputable dealer and take delivery, they know that they have real silver.

I have warned investors many times not to buy gold or silver ETFs or funds of any kind. The risks are multiple. Here are some of them:

https://www.silverdoctors.com/headlines/world-news/every-single-ounce-of-physical-silver-has-been-sold-up-to-1000-times/
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A Time to Fight Back


Many of us are fed up. We’ve dealt with the overt Bank price manipulation of gold & silver for years, if not decades, and we’re…

by Craig Hemke via Sprott Money News

Many of us are fed up. We’ve dealt with the overt Bank price manipulation of the COMEX precious metals for years, if not decades, and we’re all ready for it to end. Individually we are powerless to stop it, as The Banks and their captured “regulators” collude to maintain their power. However, collectively we may stand a chance to overwhelm and break them. Who’s ready to take action?

https://www.silverdoctors.com/headlines/world-news/a-time-to-fight-back/
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Fed to Stay Patient as U.S. Outlook Improves: Decision-Day Guide

Steve Matthews

Tue., April 27, 2021,

Fed to Stay Patient as U.S. Outlook Improves: Decision-Day Guide

(Bloomberg) --

Federal Reserve Chair Jerome Powell is expected to maintain aggressive U.S. economic support, even as faster vaccinations have brightened the outlook for recovery.

The Federal Open Market Committee is all but certain to hold interest rates near zero at the conclusion of a two-day policy meeting Wednesday, and repeat a vow to keep buying bonds at the current $120 billion monthly pace. The panel will release a statement at 2 p.m. in Washington and Powell will hold a press briefing 30 minutes later. No quarterly forecasts are published at this meeting.

“The Fed is trying to convey a very dovish tone as long as the pandemic remains a threat,” said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC. “Until we get to that point, they are going to continue to say the economy is getting better but we need to see more evidence. We are not out of the woods yet.”

Powell, in an interview with CBS’s “60 Minutes” broadcast April 11, said the U.S. economy is at an “inflection point” with economic growth and job creation quickening in response to vaccinations and both fiscal and monetary support. Yet he emphasized continuing risks to the outlook, including from renewed spread of Covid-19, adding: “The Fed will do everything we can to support the economy for as long as it takes to complete the recovery.”

The improved outlook will be underlined by the government’s report of first-quarter gross domestic product Thursday, expected to show a 6.9% increase, according to economists surveyed by Bloomberg.

Asset Purchases

The FOMC is likely to reiterate its plan to start slowing asset purchases once the panel concludes there’s been “substantial further progress” in meeting its employment and inflation goals. Inflation has edged higher and the U.S. added 916,000 new jobs last month, but the committee may see progress as still far from its objectives.

While the FOMC has been intentionally vague on benchmarks it wants to achieve, economists surveyed by Bloomberg expect tapering to be announced during the fourth quarter, when the

Story continues here>>>> https://ca.finance.yahoo.com/news/fed-stay-patient-u-outlook-040000556.html
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Have a Great day everyone

stay safe

Thanks

J:D
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