Menu

Recent Interviews

Humphrey Hale, CEO, Managing Geologist, Carnavale Resources Ltd.

Humphrey Hale
CEO, Managing Geologist | Carnavale Resources Ltd.
Level 2, Suite 9 389 Oxford Street, WA 6016 Mount Hawthorn (AUS)

info@carnavaleresources.com

Interview Carnavale Resources: Good cards for long-term success


Bill Guy, Chairman, Theta Gold Mines Limited

Bill Guy
Chairman | Theta Gold Mines Limited
Level 35 (ServCorp), Intl Tower One 100 Barangaroo Ave, 2000 NSW Australia (AUS)

info@thetagoldmines.com

+61 2 8046 7584

Interview Theta Gold Mines: This team has already brought 20 mines into production


David Mason, Managing Director, CEO, NewPeak Metals Ltd.

David Mason
Managing Director, CEO | NewPeak Metals Ltd.
Level 27, 111 Eagle Street, QLD 4000 Brisbane (AU)

info@newpeak.com.au

+61 7 3303 0650

Interview New Peak Metals: Many chances for great success


18. May 2021 | 11:10 CET

Barrick Gold, Kinross Gold, Sibanye Stillwater, Goldseek Resources - The Gold breakout!

  • Gold
Photo credits: pixabay.com

It took a long time, but now it is here: The gold breakout! It turned at USD 1,680 last week and yesterday ran up to USD 1,850. If you ask chart technicians, the rally will now run to at least USD 2,075 - the old high from the summer movement of 2020. The high at about USD 1,800 from 2021 is currently being successfully tested, after which the lights are green. The best beneficiaries will be gold miners and, of course, exploration companies with corresponding leverage. We present a few promising stocks.

time to read: 4 minutes by André Will-Laudien


Ryan Jackson, CEO, Newlox Gold Ventures Corp.
"[...] We quickly learned that the tailings are high-grade, often as high as 20 grams of gold per tonne; because they are produced by artisanal miners, local miners who use outdated technology for gold production. [...]" Ryan Jackson, CEO, Newlox Gold Ventures Corp.

Full interview

 

Author

André Will-Laudien

Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

About the author


Barrick Gold - The EUR 20 mark is made

During the Corona Crisis, many investors fled to the safe haven of gold. As a result, the price of an ounce of the precious yellow metal rose sharply again in May 2021. The all-time high from 2020 is now within reach. Mining can currently be driven again with slight restrictions, even to a new all-time high at over USD 2,000. On a twelve-month view, the gold price is now clearly in the focus of investors.

Although Barrick shares are currently among the best-performing gold stocks, CEO Mark Bristow complains that mining company investors appear to be "hysterically" chasing a quick buck. He sees the gold price currently supported by "irrational" behavior as a reaction to a pandemic-plagued economy. From this perspective, he should be pleased that his Company is in the gold investor spotlight.

Perhaps, after all, Mark Bristow's statements are intended as a side-swipe at Warren Buffett, who first euphorically jumped in and then dumped all his shares again in the fall of 2020. In any case, the Barrick share was able to regain the EUR 20 mark yesterday.

Kinross Gold - Small decline in production in Q1

Another well-known gold miner is Kinross Gold, a Canadian-based leading gold mining Company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana. Production reached over 2 million ounces in the 2020 pandemic year at a sustainable cost rate of USD 975, making Kinross one of the lowest-cost mid-tier producers in the world.

There was a bit of disappointment in the first-quarter numbers, however. Q1 US GAAP earnings rose 22% year-on-year to USD 149.5 million, or USD 0.12 per share, compared to USD 122.7 million, or USD 0.10 per share, in the same quarter of the previous year. Production decreased 2% year-on-year to 558,777 gold equivalent ounces due to lower production at the Tasiast and Round Mountain mines. Free cash flow fell 30% year-on-year to USD 75.6 million in the first quarter. We do not think that is a deal-breaker in a pandemic environment.

Kinross is currently on track to meet its fiscal 2021 production guidance of 2.4 million gold equivalent ounces, primarily due to expected higher production at Paracatu and Tasiast. The stock has turned around at EUR 6.17 and is now at EUR 6.54 - resistance at EUR 7.0 currently limits the chart to the upside.

Sibanye Stillwater - Another record result presented

The mining Company Sibanye Stillwater is active in precious metal mining in South Africa, the USA, Zimbabwe, Canada and Argentina. It is the world's largest producer of platinum, the second-largest producer of palladium, and the third-largest producer of gold. Sibanye was founded in 2002, and although it has a global presence, it has retained its headquarters in Weltevredenpark, South Africa.

The Company has undergone a significant balance sheet horse race over the last 4 years. Now, equity has been restored, and the Company is posting record quarterly results. Solid operating results from all segments were delivered with adjusted EBITDA up 78% to ZAR 19.8 billion or USD 1.3 billion. Q1 2020 pre-COVID production levels were slightly exceeded, with gold production up 5% to 249,392 ounces.

Sibanye Stillwater's fundamentals continue to be compelling at the start of the year. With the current trends in gold, silver, palladium and platinum, the outlook for the current year remains very positive. The share is currently trading stable at EUR 3.8 - the chart shows a quadrupling in 24 months. In our opinion, the story should continue to run well.

Goldseek Resources - Historic properties in top locations

In the slipstream of the big producers is the explorer Goldseek Resources. Explorers are currently gaining a lot of interest because they can quickly become the focus of larger interested parties in the upswing of precious metals. In a potential takeover, the buyer only pays the price for the resource estimate in the ground and does not have to take over any equipment or production facilities.

Goldseek has already announced excellent drilling results for this purpose. It currently owns five prospective projects, four of which are in the gold stronghold of Quebec and one property in Ontario. The Hemlo camp in Ontario is located just 4 km north of the Hemlo mine operated by Barrick Gold. One of the claims is also near Wallbridge Mining, which is following the Detour Gold trend.

Just 30 kilometers away from Fenelon is the Beschefer advanced exploration zone where drilling will now begin. The data review and 3-D modeling work will allow Goldseek to conduct the 5,000-meter "maiden" drill program in 2021, with the goal of resource definition in 2022. The B-14 zone is a large-scale structure located in a favorable gold environment with good continuity and high-grade mineralization. To date, it has only been tested by wide-area historical drilling with holes spaced 75 to 100 meters apart. Exciting results should be announced here in the coming months.

Goldseek Resources is currently valued at just under CAD 6 million. With appropriate announcements, it should give a jump in price. Those who do not want to miss the trend can buy an initial position now at CAD 0.18.


Author

André Will-Laudien

Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

About the author



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

18. June 2021 | 14:39 CET | by André Will-Laudien

Carnival, TUI, Desert Gold - A total upswing or is it all over again?

  • Gold

It is probably one of the strangest travel waves since we could remember. For months we Germans could not leave our own country's borders without great effort; the ski season in 2020/21 fell victim to the COVID pandemic almost completely. Now we experience amazingly low incidences, which probably would have come even without lockdown...but let's take that as a given because some action had to be taken as public proof of action, after all. Now travel is possible again with good conditions for the vaccinated and a bit more cumbersome for recovered, healthy and non-vaccinated. Exciting to observe: How are the travel companies doing now?

Read

18. June 2021 | 11:34 CET | by Stefan Feulner

Bayer, White Metal Resources, Barrick Gold - Trendsetting news

  • Gold

At Federal Reserve's meeting, runaway inflation was the topic par excellence. With US consumer prices up 5% in May, market participants assumed at least an announcement of a pullback in bond market volume. However, an interest rate hike, which would actually be necessary for price stability, is not considered before 2023, according to FED Chairman Jerome Powell. Thus, through the continued ultra-loose monetary policy, he refers to the attitude that economic growth and a rising stock market are more important than low inflation.

Read

16. June 2021 | 11:59 CET | by Armin Schulz

Barrick Gold, Triumph Gold, Bayer - is a golden summer coming?

  • Gold

An old stock market adage says: Sell in May and go away. In German: Sell your positions; in summer, the market will consolidate. There was a slight correction at the beginning of May, but the DAX has been climbing since then. It is currently trying to reach the 16,000 point mark. The price of gold recently traded above USD 1,900 for the first time again, which can certainly be understood as a sign that investors want to secure their money from inflation. While the US Federal Reserve emphasized that it does not want to take any countermeasures for the time being, the US Treasury Secretary Yellen recently surprised with the statement that higher interest rates would be good for the United States. It remains exciting. There is the possibility of a golden summer on the markets.

Read