Market Nuggets compiles all of the day's top expert analysis on the gold market. They offer a short synopsis of bank forecasts, and the outlook of famed economists like Dennis Gartman and Nouriel Roubini. Kitco Nuggets are constantly updated throughout the day.Read full newsRead More
As a relatively rare and expensive heavy metal, cobalt serves as a vital but costly part of today's lithium batteries, not just in terms of dollars but also for the environment and well-being of those tasked with mining it. A new battery design from the University of Texas at Austin may help...Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce that it has received a $600,000 purchase order for its 4G/LTE UR5 device from a customer in the Middle East. This device will mainly be used for enterprise workers who require a cost-effective rugged Push-to-Talk (PTT) device.The UR5 is an ultra-lightweight, handheld rugg...Read More
ABUJA, Nigeria President Muhammadu Buhari said Thursday that the government is set to reform gold mining that will produce a revenue of $500 millionRead full newsRead More
As per the company's request, a shutdown order was issued. The refinery was last shutdown completely in 2018.Read full newsRead More
The World Gold Council said investors had embraced gold in 2020 as a key portfolio hedging strategy, in its mid-year outlook."Though equity markets around the world rebounded sharply from their Q1 lows, the high level of uncertainty surrounding the COVID-19 pandemic and the ultra-low interest rate environment supported strong flight-to-quality flows," it said last week."There is a growing consensu...Read More
The S&P/TSX Composite Index started this week on a mixed note after posting gains for the previous three weeks in a row. This morning, the Canadian stock market benchmark was trading with a minor 0.1% gains. As investors continue to remain focused on updates related to the COVID-19 vaccines, the broader market is expected to trade with heightened volatility.The ongoing pandemic is continuing t...Read More
The C.D. Howe Business Cycle Council reported on May 1, 2020 that Canada has officially entered a recession in the first quarter of 2020. While there are signs of recovery, the Council has said, “The decision to declare a recession with a February peak is based on preliminary data available as of April 30, 2020. Members of the Council pointed out that further GDP revisions will occur, which...Read More
Image by Helmut Eppel from Pixabay. Silver prices are latching onto gold's rally, reaching their highest levels since 2016 on Monday, as concerns about the global economy and market dynamics continue to shift investor attention towards safe haven metals.Spot silver advanced 4.3% to $19.90 an ounce by 4:00 p.m. EDT, while silver futures on the Comex exchange surpassed the $20 an ounce mark for the...Read More
Reliance property, British Columbia. Image by Endurance gold. Endurance Gold (TSXV:EDG) announced on Monday a 67% increase in the size of Reliance property in southern British Columbia, from the initial 673 hectares up to 1,122 hectares.The property is located 4 kilometres east of the village of Gold Bridge, and 10 kilometres north of the historic Bralorne-Pioneer gold mining camp which produced...Read More
Gold is so hot right now. Image: Newmont Goldcorp. The rally in the gold price regained momentum on Monday as investors continue to pile into hard assets amid a flood of easy money on financial markets in the developed world and expectations of a prolonged period of ultra-low interest rates and currency debasement.Gold for delivery in August, the most active contract on the Comex market in New Yo...Read More
Discovery Metals' Cordero silver project in Chihuahua state, Mexico. Image from Discovery Metals. Discovery Metals has released results from eight holes completed at its Cordero project in Chihuahua state in Mexico, including 1.4 metres grading 1,907 g/t silver-equivalent (700 g/t silver, 0.74 g/t gold, 16.1% lead and 14% zinc) in its first hole testing the 1.2-km-long Todos Santos vein trend at...Read More
Miners in the historic O'Brien mine in the 1950s, where Radisson Mining Resources is exploring for gold. Image from Radisson Mining Resources. Drill results from Radisson Mining's wholly owned O'Brien project in Quebec include high-grade intercepts from areas below current resource boundaries and from zones around the existing deposit.The past-producing O'Brien project is within the Bousquet-Ca...Read More
Institutions and sophisticated investors will pay 12.5c per share. The fundraising comes after S2 kicked-off a 10-12 hole diamond core drilling campaign in Finland earlier this month.Read More
Citigroup is the latest major bank to join the gold bulls. In the bank's 3Q commodities outlook, Citigroup says it expects gold prices to break alltime price records within the next six to nine months. And it believes there's a 30% chance gold will top $2,000 in the next three to five months.At last look, gold for August delivery was trading at $1,820 an ounce.Citing the Fed's loose monetary polic...Read More
Share this articleTORONTO - Canadian precious metals miner Yamana Gold Inc. says it is in the advanced stages of listing its shares on the London Stock Exchange.It is currently listed on the New York Stock Exchange and the Toronto Stock Exchange.It says a listing in London will increase its exposure to potential European investors who have few other large gold producers to choose from.It says it...Read More
Cardinal Resources' (TSX: CDV; ASX: CDV) Namdini mining licence has officially received sovereign parliamentary ratification in Ghana, the company says."This ratification and the recent issuing of the Environmental Protection Agency (EPA) permit, along with our water extraction permit and relocation action plan approval, places the Namdini gold project into an extremely secure and solid position f...Read More
Yamana Gold (TSX: YRI; NYSE: AUY) is in the advanced stages of its London Stock Exchange (LSE) listing, the company says.The Toronto-based miner, currently listed on the TSX and on the NYSE, said that it intends to become the "investment of choice" in London for those looking for exposure to gold."The LSE currently has a limited number of sizeable pure-play gold producers with annual production of...Read More
Discovery Metals (TSXV: DSV; US-OTC: DSVMF) has released results from eight holes completed at its Cordero project in Mexico's Chihuahua state, including 1 metre grading 1,907 grams per tonne silver-equivalent (700 grams silver per tonne, 0.74 gram gold per tonne, 16.1% lead and 14% zinc) in its first hole testing the 1.2-km-long Todos Santos vein trend at the project.The intercept, in hole 342, s...Read More