Despite a more tempered performance from precious metals during the third quarter of 2020, gold and silver prices still demonstrated gains and outperformed the initial...Read full newsRead More
A weaker U.S. dollar, rising inflation risks and demand driven by additional fiscal and monetary stimulus from major central banks will spur a bull market for commodities in 2021, Goldman Sachs said on Thursday.Read full newsRead More
Vancouver, BC October 22, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") announces that the Company has completed the 15 hole 5,746 meter drill program (the "Program") at the FG Gold project with first assay results to be released in early November. The Program discovered multiple new quartz vein systems with numerous encounters of visible gold, that have the poten...Read More
Like a lot of other outdoor pursuits that allow practitioners to socially distance,prospecting has taken off during the pandemic.Read full newsRead More
Lawyers from Mbuyisa Moleele and Leigh Day yesterday said they had filed a class action lawsuit in South Africa against its subsidiary, Anglo American South Africa, alleging it had caused lead poisoning from the Kabwe mine in Zambia which was part of its group between 1925-1974.The company told local media it was never a majority owner of Kabwe and would review the claims made and "take all necess...Read More
Matching impressive market share with the growth potential of electric vehicles, five key stocks are looking strong right now. But while some are overvalued, others are just getting started. From near-term upside to long-term wealth creation, here are five names that are central to the electric vehicle space for Canadian investors.Big market share plus growth potentialMagna International (TSX:MG)(...Read More
Recently, a Goldmoney article called “Hyperinflation is Here” made a big splash in financial media. The article was picked up by third-party sites and widely circulated online. In it, the author argues that many countries are already in a state of hyperinflation — albeit one masked by the CPI’s selective inclusion of prices. He goes on to say that if you use the &...Read More
Speaking on the sidelines of a WA Mining Club lunch in Perth on Thursday, CEO Peter Kerr told Mining Journal the company had a number of internal options, namely aiming to extend the minelife at its flagship high-grade, restarted Koolan Island operation and investigate regional deposits at its Mid West iron ore business.He said in terms of external options, COVID-19 restrictions had put a dampener...Read More
I can't believe it's been 13 years since I pissed off a bunch of oil investors at a "future of energy" investment conference in 2007.Those were some good times. :)I told them that the internal combustion engine was an outdated technology and by 2020 there would be 1 million electric cars on the roads.The oil investors were not pleased and spent most of the Q&A mocking me, telling me I was too youn...Read More
Quebec-focused gold explorer Bonterra Resources (TSXV: BTR; US-OTC: BONXF) announced the most recent results from the drill program at its Barry project, located within the Abitibi Greenstone Belt in the province.The company resumed drilling operations at Barry in July, putting two drills into operation. One was on a barge at Lake Limpide, while the other was on dry land, and the combined explorat...Read More
Following its listing on the Toronto Stock Exchange on Oct.13, Newcrest Mining (TSX: NCM; ASX: NCM), Australia's largest gold producer, hopes to improve the company's global visibility and increase its North American investor base.A spokesperson for the company said via email that a North American listing was "part of our strategy of pursuing growth in the Americas," adding that Newcrest pursued...Read More
The Canadian Mining Hall of Fame will welcome five new members at its July 2021 gala dinner and induction ceremony, An Evening Under the Stars, to be held at the prestigious Aga Khan Museum in Toronto.Due to the Covid-19 pandemic and the restrictions around gatherings, the gala dinner and induction ceremony will be organized in compliance with Ontario's Phase 3 guidelines where 100 people are perm...Read More
Kodiak Copper (TSXV: KDK) has released complete assay results for drill hole 20-004, after reporting partial assays in September, and new assays for drill hole 20-002, which were completed at the Gate zone within its wholly owned MPD project in British Columbia.The latest intercepts indicate a "large zoned and significantly enriched copper-gold envelope at Gate," which would be typical for porphyr...Read More
Russia's top gold producer Polyus (LSE: PLZL) says its giant Sukhoi Log gold deposit in Siberia is the world's biggest by reserves, both among greenfield assets and operating mines.The deposit holds 40 million oz. proven gold reserves as measured by international JORC standards, the company announced on Oct. 22. This means Sukhoi Log, which translates to "dry gully" in English, contains a fifth of...Read More
Global platinum demand is set to fall by 7.2% in 2020, with the Covid-19 pandemic driving significantly lower demand from the auto and jewellery sectors, according to GlobalData, a U.K.-based data analytics firm.Typically these two sectors would account for 34% and 24% of total demand, respectively, with the remainder for industrial uses and investment, GlobalData reports."China and Japan are the...Read More
Not many investors know the story of Benjamin Hornigold...Best known as Blackbeard's mentor and all-around cutthroat buccaneer, he was dubbed "the Pirate's Pirate" by many a historian.Hornigold had very humble beginnings. He began his legendary pirating career with a couple of canoes - yes, canoes - and terrorized merchant ships off the coast of Nassau. He continued adding to his fleet and within...Read More
Comet Resources Limited (Comet or the Company) (ASX:CRL) is pleased to announce the finalisation of an exploration access agreement (EAA)Read full newsRead More
PayPal Holdings Inc joined the cryptocurrency market on Wednesday, allowing customers to buy, sell and hold bitcoin and other virtual coins using the U.S. digital payments company's online wallets.Read full newsRead More
DGTL Holdings (DGTL) has signed a 24-month software licensing agreement with a major online fantasy sports gambling company.Read full newsRead More
Brigadier Gold Limited is pleased to announce that the first diamRead full newsRead More