Mining Stock Quotes and Mineral & Metal Prices
August 2012 by Staff
Last month saw the mining industry take center stage as Toronto, Ontario was once again host city for the giant PDAC annual mining convention. We take at look at that gathering below, focusing on some of the negative industry sentiment on display.
After six years of primarily sideways action, gold broke decisively to the upside by breaking above strong resistance between $1,350 and $1,400 by soaring to near $1,450 before correcting moderately.
The great question now is whether the correction that followed was an end to that bull market—or just a lengthy corrective phase prior to another important bullish move. Let’s turn to technical analysis of the chart for a possible answer.
It may be no exaggeration at all to state that the past thirty days have seen a collection of headlines that could affect the world profoundly for years to come.
The Bawl Mill • Ask the Experts: Something for everyone... • Ask the Experts: VMS ore • Ask the Experts: More suggestions for dealing with metallic trash.... • Ask the Experts: various mining courses • Sniping for Gold • Gold in Guyana—Part II: Process Optimization at Sacre Coeur Minerals' Lower Puruni Alluvial Mining Project • Following Clues to an Old Mill and Vein Strike • Small-Scale Miners Rock the Mining World • Big Rock Gold • Still Gold in Humbug, Arizona • Never Take Safety for Granted • Melman on Gold & Silver