COVID-19 has hit some people hard. Analysts are calling it a K-shaped recovery.People who are in the professional class are doing well. The stock market has boosted their retirement plans and they are saving money on gas, parking, insurance, travel, and vacations. Many received $1,200 from the government.Then there are those in the service and entertainment industries. Some are gig workers like Ub...Read More
Shares in Petra Diamonds (LSE: PDL) nosedived after it said it had abandoned plans to sell the company or parts of its business, opting instead for a debt-for-equity restructuring.The struggling South African miner, with operations in its home country and Tanzania, said it had received no viable offers since June, when it put up the "for sale" sign.Petra, which piled up debt to expand its flagship...Read More
Talisker Resources (TSX: TSK; US-OTC: TSKFF) has expanded the drill program at its past-producing Bralorne gold project, 248 km northeast of Vancouver, B.C., for the second time this year, based on encouraging results.The junior has added 5,000 metres to its planned drill campaign for a total of 23,000 metres, up from 11,200 metres initially, and is now adding two drill rigs to the project for a t...Read More
The copper price was trading at its highest since June 2018 on hopes of a U.S. stimulus package, worries about supply from top producer Chile, and robust Chinese economic growth.On the Comex market, copper for delivery in December jumped 2.7% to US$3.1705 per lb. (US$6,990 per tonne) in brisk trade, with more than 1.8 billion lb. of the most active contract traded by 1 pm in New York.The bellwethe...Read More
In this week's episode we take a closer look at the state of technical reporting with SRK's Mark Noppe, Corporate Consultant and Managing Director Australia, and John Pfahl, Principal Consultant (Corporate Advisory) North America. In this wide-ranging interview Mark and John discuss the evolution of technical reporting, the aspirational nature of forward-looking statements, and how investors, regu...Read More
The most recent drill results from the AGB zone within Benchmark Metals' (TSXV: BNCH; US-OTC: CYRTF) Lawyers project in British Columbia hit broad and high-grade intervals of near-surface gold-silver mineralization.The drilling has expanded the AGB zone to the west, to over 600 metres of strike, and from surface to a vertical depth of over 270 metres. The drill holes, announced in a news release,...Read More
Mining giant BHP (NYSE: BHP; LSE: BHP) has shelved a planned US$2.5 billion expansion of its Olympic Dam copper, gold and uranium mine in South Australia, after studies of the ore body revealed weaker than expected results.While the mine yielded more than 50,000 tonnes copper in the three months to Sept. 30, which was the highest quarterly production since 2015, BHP decided against proceeding with...Read More
Near the end of last month, California Governor Gavin Newsom held a press conference.Never one to turn down some kind of political theatrics to drive home a point in a ham-fisted way, here he is signing an executive order right after his announcement:So what's with the parking lot pageantry?That's an electric vehicle and the governor was signing an executive order to completely phase out gasoline-...Read More
NV Gold Corporation is a Canadian junior exploration company trading on the TSX Venture Exchange under the symbol NVX (TSX.V - NVX).Read full newsRead More
The copper price was once again within sight of more than two-year highs on Monday and nickel reached an 11-month peak after Chinese data showed growth in the world's second-largest economy is gathering momentum. On the Comex market, copper for delivery in December added over 1% to$3.1080 a pound ($6,850 a tonne) in brisk trade, with more than 1.2 billion pounds of the most active contract traded...Read More
AB147 has identified, subject to additional drilling in its vicinity, a potentially mineable domain approximately 30m closer to surface than the shallowest currently planned mining zoneRead full newsRead More
Newrange Gold Corp. is pleased to report that drilling has commenRead full newsRead More
NV Gold Corporation is pleased to announce it is mobilizing its tRead full newsRead More
Prosper Gold Corp. is pleased to announce that a high resolutionRead full newsRead More
Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals pricesRead full newsRead More
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY ANDRead full newsRead More
Gold79 Mines Ltd. is pleased to announce the initiation of a non-Read full newsRead More
The Market Herald - First with the news that moves markets. Breaking Australian stock market news, ASX 200 announcements and the latest ASX news today.Read full newsRead More
The COVID-19 travel restrictions in place at the Canada-U.S. land border will remain in effect until Nov. 21 at least.Read full newsRead More
Papua New Guinea Prime Minister James Marape said on Thursday that a joint venture of Barrick Gold Corp and China's Zijin Mining was set to remain operator of the Porgera gold mine following talks in Port Moresby.Read full newsRead More