Mining

McEwen Mining Inc. (NYSE: MUX) Forecast: Expect A -90.91% Drop Within A Few Months

By Miguel Garcia McEwen Mining Inc. (NYSE:MUX) shares, rose in value on Friday, September 24, with the stock price up by 0.46% to the previous day’s close as strong demand from buyers drove the stock to $1.10. Actively observing the price movement in the recent trading, the stock is buoying the session at $1.09, falling …

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With its new cryptocurrency mining business on city land, Denton is suddenly a crypto player

By https://www.dallasnews.com/author/dave-lieber The City of Denton has leased 31 acres of vacant land next to its gas-fired energy plant to a cryptocurrency mining company. You may not have heard this because most public documents in the deal refer to the venture only as a “data center.” The secretive agreement requires that no news releases be …

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Lead hits three-year peak after German plant shuts, copper firm

ReutersWednesday July 21, 2021LONDON, July 21 Lead prices surged to a three-year high on Wednesday after a major lead smelter in Germany halted operations due to flooding. Berzelius Stolberg declared force majeure on metal shipments from its plant in western Germany, the biggest primary lead smelter in Europe. Three-month lead on the London Metal Exchange …

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Elon Musk on owning bitcoin, ethereum and doge: ‘I might pump, but I don’t dump

(Kitco News) Tesla CEO Elon Musk said he owns bitcoin, ethereum and dogecoin, adding that Tesla is “most likely” to restart accepting bitcoin as payment. “I own bitcoin, Tesla owns bitcoin, SpaceX owns bitcoin, I own ethereum and dogecoin,” Musk said at the B Word conference during a discussion with ARK Invest CEO Cathie Wood …

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Gold is bearish within macro bearish correction 7/19/21

Moor AnalyticsWednesday July 21, 2021 15:17Kitco Commentaries | Opinions, Ideas and Markets Talk Featuring views and opinions written by market professionals, not staff journalists. Commentaries & ViewsShare this article: On a higher timeframe basis: I cautioned on 8/16/18 the break above $1,179.7-$1,183.7 warned of renewed strength. We have seen $905.5. The break above $1,347.0 projected …

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