19.4 g/t Au over 4.4m within 1.4 g/t Au over 118.5m Interval and 4.7 g/t Au over 8.0m within 1.2 g/t Au over 107.3m IntervalRead full newsRead More
Newlox Gold Summarizes Historical Data on the Boston Project & Surrounding Mining Camp Vancouver, BC, August 25, 2020 - Newlox Gold Ventures Corp. ("Newlox" or the "Company") (CSE: LUX | Frankfurt: NGO) is pleased to expand upon its announcement of the Boston Project (17 August 2020) by providing historical technical data on the project and the surrounding mining camp. Read full newsRead More
Gold prices climbed higher in Tuesday’s trading session as a weaker dollar countered some pressure from the better-than-expected U.S. manufacturing data, which offered a correction from a two-week high. Spot gold was up 0.1% to $1,971.61 per ounce, having earlier hit its highest since Aug. 19 at $1,991.91. U.S. gold futures settled marginally higher at $1,978.90 per ounce. With gold...Read More
The Northern Miner's three-day Global Mining Symposium kicked off on Tuesday with a one-on-one interview with Paul Brink, president and CEO of Franco-Nevada (TSX: FNV; NYSE: FNV).The Northern Miner's Group Publisher, Anthony Vaccaro, chatted with Brink for nearly an hour about his plans for the company, his view on the mining industry, the gold market, Franco-Nevada's energy assets and the challen...Read More
Warren Buffett just turned 90 last month. In his 75 plus years in the investing world, the Oracle of Omaha has become the third-richest man in the world. It’s no easy task to build a net worth of US$86 billion and grow it. Just last quarter, his company Berkshire Hathaway reported a net investment loss of US$54.5 billion during the March market crash. He was criticized by many analysts for s...Read More
If we say that Warren Buffett has avoided investing gold for a long time, you might get the wrong impression that Buffett simply doesn’t consider the metal a worthy investment. But Buffett’s gold prejudice runs deeper than that, or at least it did until a few months ago. He was always vocally against the metal that “doesn’t do anything but sit there and look at you.”B...Read More
Warren Buffett just turned 90 last month. He is the most decorated value investor, with more than 75 years in the investing world. Over the last few months, the stock market has been rallying even though the gross domestic product (GDP) contracted. If we go by the Buffet indicator, which is calculated by dividing market capitalization with GDP, the equities are overvalued by 80%.Does this mean ano...Read More
Altus Strategies Plc (AIM: ALS & TSX-V: ALTS) is a royalty and project generator focused on Africa. Altus's differentiated approach of generating royalties on its own discoveries, as well as through financings and acquisitions with third parties, has attracted key institutional investor backing including from La Mancha who own 35% of the Company, alongside the Board with a holding of 20%. We learn...Read More
Our wealth of natural gas is the worst-kept secret in the U.S. energy sector today.I also can't think of a more beaten-down commodity over the last decade. Just think, natural gas on the Henry Hub was trading for a staggering $12.69 per mmBtu (million British thermal units) in June 2008. Mind you, this was four years after a little-known company named Range Resources completed its Renz 1 well. It...Read More
Gold prices have surged in recent months amid the uncertainty surrounding the Covid-19 pandemic and enormous monetary stimulus measures, and precious metals companies have seen their valuations benefit. Below, we provide an overview of eight industry players with exposure to gold. Caldas GoldCaldas Gold (TSXV: CGC) holds the producing Marmato gold-silver project in Colombia, as well as the Juby p...Read More
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has hit high-grade gold intercepts at its O'Brien gold project in Quebec that point to the potential for a third mineralized area east of the historic mine.Highlights of drilling include 2 metres of 45.86 grams gold per tonne from 500 metres vertical depth, 2 metres of 21.29 grams gold per tonne from 260 metres depth, and 2 metres of 17.9 grams...Read More
Mining companies operating in Mexico are showing concern, after the country's government scrapped the mining sub-secretary post, one of the Ministry of Economy units, as part of a broader austerity drive on Tuesday.The move, said local mining groups that include industry chamber Camimex, will negatively impact the sector, which is already affected by Covid-19 measures and high numbers of cases and...Read More
Nordgold has sweetened its proposed takeover offer of Cardinal Resources (ASX, TSX: CDV) in order to beat out competition from China's Shandong Gold.The latest offer would see the Russian gold miner acquire all of the Cardinal shares that it does not currently own for A90 ? (US66 ?) per share in cash, up from its previous offer of A66 ? (US48 ?) per share.Cardinal's board of directors has advised...Read More
Gold mines emitted on average 0.8 tonnes of CO2-equivalent (CO2e) for every ounce of gold that was produced in 2019, according to a report from S&P Global.Strong price performance has led to a large number of new gold mines opening and, with this, also concerns of mining's impact on climate change.Another recent report from Wood Mackenzie found that emissions from metals production will need to ha...Read More
Benchmark Metals' (TSXV: BNCH; US-OTC: CYRTF) latest results from drilling the Cliff Creek zone at its Lawyers project in B.C.'s Golden Horseshoe region, includes 31 metres of 2.98 grams gold per tonne and 72.77 grams silver per tonne, or 3.89 grams gold-equivalent.Hole 20CCDD011, which returned the 31-metre section starting at 20 metres downhole, hit three discrete mineralized zones. The hole als...Read More
As the Covid-19 pandemic shutdown economies around the globe, it revealed a number of underlying problems with regional supply chains. The production of copper, cobalt, lithium and other key metals and minerals were severely impacted, leading to supply and demand problems internationally.As part of The Northern Miner's Global Mining Symposium, Frik Els, executive editor of sister publication MININ...Read More
BHP (NYSE: BHP; LSE: BHP) said this week it had inked a deal to support the development of new solar and wind farms in Australia's Queensland state as part of a company-wide effort to use more renewable energy.The miner, which runs nine metallurgical coal operations in the Bowen Basin through its BHP Mitsubishi Alliance (BMA) and BHP Mitsui Coal (BMC), said the move would help it cut its indirect...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) expects to begin producing copper at its Kakula project in the Democratic Republic of Congo (DRC) in less than a year, as total underground development to date has surpassed the 20 km mark - about 6 km further than scheduled.Kakula, the first mine planned at the Kamoa-Kakula concession, is initially forecast to generate 3.8 million tonnes of mineralized mate...Read More
"The company disagrees with numerous grounds outlined in the ruling dismissing the application for judicial review handed down by Deputy Chief Justice Kandakasi in the National Court today, and intends to urgently appeal the ruling to the Supreme Court," Barrick Niugini said yesterday.The company had suspended the mine in April after the government refused its 2017 application to extend Porgera's...Read More
This year has already been my most successful year of investing by far. I've consistently been bagging gold gains in the order of five- and six-figures.I've never seen anything like it. Subscribers are having similar experiences and they've never seen anything like it either. This gold trading strategy is already paying off while the rest of the world and markets are witnessing mayhem.My email...Read More