Tanzania's gold-mining industry is showing signs of a renaissance following a crackdown on smuggling and the settlement of a long-running dispute with Barrick Gold Corp.Read full newsRead More
The world's mines will produce 3,368 tonnes of gold this year, down 4.6% from 2019 and the lowest in 5 years, but high bullion prices will help to push up output by 8.8% to a record 3,664 tonnes in 2021, consultancy Metals Focus said on Wednesday.Read full newsRead More
Global nickel production is expected to decline by 7.4% to 2.19-million in 2020, data and analytics company GlobalData says, citing the temporary suspension of mines caused by the Covid-19 pandemic and the advancement of Indonesia's export ban.Indonesia's mine production is expected to fall to 680 000 t in 2020 - down by 15%, compared with 800 000 t in 2019, owing to the advancement of the exports...Read 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
Tanzania's gold-mining industry is showing signs of a renaissance following a crackdown on smuggling and the settlement of a long-running dispute with Barrick Gold Corp.Read full newsRead More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW / TSX-V:SIM / FRA: WK3D) (the "Company" or "Siyata") announces that the TSX Venture Exchange ("TSXV") has confirmed that effective at the close of market on Monday, October 19, 2020, the common shares of the Company will be delisted from the TSXV, at Siyata's request.As previously announced, the common shares of the Company and warrants is...Read More
Canadian investors who are interested in the recovery of Restaurant Brands International (TSX:QSR)(NYSE:QSR) were presented with a very challenging situation when the Oracle of Omaha exited his entire position in the stock.On the surface, everything seems to be okay with RBI. The restaurant operator has Burger King, Tim Hortons, and Popeyes Louisiana Kitchen under its belt. The stock stumbled with...Read More
Gold stocks have always been a safe haven for investors. That is because gold is a precious metal that holds its value well, especially in bad times. Investors have always gravitated to this safe haven to preserve the value of their portfolio. This is what is happening in this pandemic.As we head into the second wave of the pandemic, we should consider bulking up on safe stocks. Without further ad...Read More
GlobalData forecast Indonesian nickel production to fall 15% year-on-year in 2020 to 2,195,000 tonnes.Vinneth Bajaj, senior mining analyst at GlobalData, said Indonesian nickel mining companies without integrated nickel pig iron (NPI) operations had struggled to sell output to domestic smelters following the introduction of the ban at the beginning of the year."Therefore domestic miners have been...Read More
Many analysts and commentators are speculating the price of gold could jump following a "blue wave" victory for Democrats next month.London's Financial News reports, "A Democratic sweep could lead to a 2%-5% spike in gold prices on the back of a 'knee-jerk' move toward a weaker U.S. dollar and lower yields, according to JPMorgan metals analyst Natasha Kaneva."However, while I think there's a good...Read More
Gold prices steadied in a tight range around the US$1,900 level on Friday, but fading chances of a stimulus agreement before the U.S. presidential election kept bullion on track for a weekly decline.Spot gold dipped 0.6% to US$1,896.61 per oz. by 12:20 p.m. EDT, down more than 1% for the week. U.S. gold futures shrank 0.2% to US$1,905 per oz., still trading above the US$1,900 threshold."With a sti...Read More
HighGold Mining (TSXV: HIGH; US-OTC: HGGOF) has reported additional drill results from its 15,000-metre drill program on its flagship Johnson Tract polymetallic project in southcentral Alaska, 15km west of Tuxedni Bay and 200 km southwest of Anchorage.The 85-sq.-km property includes the high-grade Johnson Tract deposit (JT deposit) and at least nine prospects over a 12-km strike length. The drill...Read More
After being virtually shut down since March, the diamond market has slowly come back to life. This fall, De Beers, the world's largest diamond producer by value, has reported a growing momentum in sales. Several small producers also reported their first regular diamond tenders in Antwerp in September, and mines such as Renard in Quebec and Mothae in Lesotho that have been on care and maintenance s...Read More
Relations between Australia and China have been strained since Prime Minister Scott Morrison called for an independent global investigation into the origins (and initial handling) of the coronavirus pandemic. The conservative leader has also criticized China's recent imposition of new security laws in Hong Kong and suspended its extradition agreement with the former British colony, which reverted...Read More
Northern Vertex Mining (TSXV: NEE; US-OTC: NHVCF) has reported high-grade gold and silver drill results from a resource expansion drill program on the Ruth vein at its wholly owned Moss gold-silver mine in northwest Arizona, 22 km to the east of Bullhead City and a one and half hour drive south of Las Vegas, Nevada. Ken Berry, Northern Vertex's president and chief executive, said the success of...Read More
Global miner and commodities trader Glencore (LSE: GLEN) is close to securing nickel supply deals with automakers and battery producers amid a looming squeeze in the market and Tesla CEO Elon Musk's recent call to miners to produce more of the metal."A lot of the automobile guys and the battery guys are talking to us about nickel," CEO Ivan Glasenberg said during the Financial Times Mining Summit....Read More
Researchers from the University of Queensland's Sustainable Minerals Institute and representatives from Anglo American (LSE: AAL), Aeris Resources, Eriez Flotation Division, Glencore (LSE: GLEN), Hudbay Minerals (TSX: HBM; NYSE: HBM), Newcrest Mining (TSX: NCM; ASX: NCM) and Newmont (TSX: NGT; NYSE: NEM) have formed the Collaborative Consortium for Coarse Particle Processing Research, whose goal i...Read More
How many of you use your face to unlock your phone?I know it's not all of you.But you've probably at least seen a lot of people doing it, right?They hold their phone up directly in front of their face, it unlocks, and boom, they're swiping and typing.An entire universe of apps, media, information, and services instantly at their disposal.It seems to be the preferred method for young people especia...Read More
A #PreMarket live, interactive show every morning with two veteran traders and featured finance industry guests discussing market movers, key technical levels and trading ideas. Come join us and talk about the premarket.Read full newsRead More
The Streaming Media Readers' Choice Awards has grown along with the industry. Back when we first gave the awards in 2007, we had 16 categories, in which 120 nominations were submitted. In 2020, we've got 25 categories and received more than 300 nominations!Read full newsRead More