UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More
In this week's Insights, we provide a quick guide to Real Vision's fantastic interview series with the founder of ARK Investment Management, Cathie Wood. In addition, on the topic of climate change, it is time to hold central banks accountable for their role in speeding up global warming. It is not all about the oil patch.Inflation targeting is pro-climate change (photo by D. Neuman)Plus, find out...Read More
UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More
Barrick Gold (TSX:ABX)(NYSE:GOLD) is a turnaround stock. In 2016, the company suffered due to a high debt load but has since turned operations around and is now well on a path to recovery. At the time of Barrick’s merger with the Hemlo asset, the market doubted whether Hemlo was a viable asset. However, Barrick unpacked the geology and rebuilt the models and, in the process, found many oppor...Read More
The first maiden hole, drilled adjacent to the Sala mine, returned peak grades of 328 grams per tonne silver, 12.2% zinc and 5.9% lead. Assays from the maiden hole were 3.8m at 7.Read More
When Mark Zuckerberg of Facebook (NASDAQ: FB) fame started talking about "the metaverse" on his conference call, I had flashbacks to Spider-Man: Into the Spider-Verse, a movie my kids turned me onto that has the unique ability to incorporate a web-slinging pig named Peter Porker.But no, our friendly neighborhood social media billionaire had something else in mind entirely, though what that is is s...Read More
Africa-focused megaproject developer Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has declared commercial production at the first phase of the Kamoa-Kakula copper mine in the Democratic Republic of Congo, effective from July 1. Ivanhoe said today the 3.8 million-tonne-per-annum concentrator plant was deemed to have reached commercial production after achieving more than 80% of design capacity, with re...Read More
Pure Gold Mining (TSXV: PGM; LSE: PUR) has kicked off commercial production at its namesake mine in Red Lake, Ontario, eight months after pouring first gold.The Toronto-based miner said the milestone, achieved on August 1, followed a successful commissioning period.The Pure Gold mine, milling facilities, and other critical systems are now all operating in line with or rapidly approachi...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) and its key stakeholders have agreed on independent government-led oversight of the environmental and social impact studies for the Pueblo Viejo gold mine expansion in Dominican Republic.The US$1.3 billion project will extend the mine life until 2040 and beyond by expanding the mill and the tailings management facility. The expansion will also enable the mining...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) will make a final investment decision on a major expansion of the processing plant at its Mt. Keith nickel mine in Western Australia as it invests further in battery metals to meet expected soaring demand. Nickel is a key component for EVs cathodes and the world's no. 1 miner sees nickel demand growing faster than expected due to a spike in the adoption of...Read More
This week's episode features Rio Tinto's second-quarter conference call with chief executive officer Jakob Stausholm and chief financial officer Peter Cunningham. The executives discuss the company's extraordinarily profitable first half of the year, which included a $9.1 billion dividend, as well as ESG, demand out of China, and the company's Jadar lithium project in Serbia. All this and more wi...Read More
Surging Chinese scrap copper imports that have doubled in the first half of 2021 are displacing to some extent refined cathode, concentrate, anode and blister imports, with analysis by Roskill expecting the situation to worsen and potentially cripple the copper price recovery.Copper - China's scrap rebalancing act threatens to de-rail the price recoveryAccording to Roskill data, China is currently...Read More
While the stock market is at all-time highs, gold isn't far behind.Sure, it's pulled back some, but prices are around 90% of their peak last year and trending up.This may seem counterintuitive with both rising at the same time. In some ways it is, but it isn't.It isn't just a doom-and-gloom counter-narrative, though plenty of gold haters always see any rise in gold prices that way.Instead, what we...Read More
Want to invest in the US NASDAQ 100? Then watch this guide video where we review 3 of the best Exchange Traded Funds ...Read More
Exhibit 1 Location of exploration targets of the Nassau gold project, Suriname. Exhibit 2 Geology, sampling results, and drilling plan of the Carbonara Grid, Nassau Gold Project, Suriname. TORONTO, July 27, 2021 (GLOBE NEWSWIRE) -- 79North Inc. (CSE: JQ; OTCQB: SVNTF; FRA: 6120) ("79North" or the "Company") is pleased to announce that diamond drilling has commenced at the Carbonara gold zone of th...Read More
Revitalizing Mineral Exploration and Development in the Prolific Gaspe Peninsula, QuebecRead full newsRead More
The illegal mining of gold from Colombia's rivers and waterways is on the rise, according to a report from the United Nations Office on Drugs and Crime published on Tuesday.Read full newsRead More
UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More
Iron ore dropped 10% on the back of Chinese steel production cuts and a spec market caught long, Marex's Alastair Munro said from the LME desk on Friday.The benchmark MySteel Australian 62% fines lost 2.99% to $195/t."Gold is expected to move up or down $33 from Friday's close, putting a range of 1847 to 1781 in play on the week, and we can have a 68% probability of price holding in that range," P...Read More