The traditional safe haven gold is up almost 30%, while the silver is up more than 50% so far this year. As global economic growth is expected to remain subdued, precious metals could continue to trade strong for the next few quarters. However, silver might underperform the yellow metal, as the industrial metal dons a positive correlation with economic cycles.How to play the gold rallyThe $10 bill...Read More
Luckily for the world's second biggest mining company, the self-inflicted wounds in Australia have occurred at a time of peak prices for Rio Tinto's all-important iron ore division.Read More
Share this articleCALGARY - The owner of the Ekati Diamond Mine in the Northwest Territories says it plans to return the suspended project to full operating status after accepting a "stalking horse bid" by an affiliated buyer to allow it to exit court protection from creditors.Dominion Diamond Mines ULC says the bid submitted by Canadian Diamond Holdings, LP and CA Canadian Diamond Mines ULC, affi...Read More
Love him or hate him, Sam Walton was a fearless businessman.His empire started 75 years ago when he took a $20,000 loan from his father-in-law to open a store in Newport, Arkansas.He was ruthless in running his business and if he saw a competitor doing something in a more efficient way, he'd adopt it to build upon his success.Even to his own management, he was aggressive in his vision for Walmart'...Read More
Amex Exploration (TSXV: AMX; US-OTC: AMXEF) has reported assay results for seven holes completed at the Denise zone, within its Perron gold property in northwestern Quebec, which step out the zone to the west and towards surface. The intercepts include long intervals of mineralization, which, according to Jacques Trottier, the company's executive chairman, establish Denise as a "standalone gold zo...Read More
Wesdome Gold Mines (TSXV: WDO) has released drill results from underground definition drilling at its wholly owned Kiena mine complex, 15 km northwest of Val-d'Or and 100 km east of Rouyn-Noranda in Quebec.The 21-hole, 6,770-metre drill program, conducted between May and August, confirmed the overall continuity of the Kiena Deep A zone's geometry as well as high-grade gold mineralization. The dri...Read More
Drill results from the Central zone at Argonaut Gold's (TSX: AR) wholly owned past-producing Magino gold project in Ontario hit high-grade gold intervals, which suggest potential for a connection with the Elbow zone to the west.The company's most recent release includes assays for seven holes. These hit gold below, and next to, the proposed Magino pit shell. Drill highlights include 9 metres of 13...Read More
There has been distinctly mixed news for British miners during the first half of September.First the bad news: The University of Exeter announced that entry for mining-engineering programs at the famous Camborne School of Mines (CSM) has been "paused" while it "reshapes the opportunities for students".Founded in 1888, CSM said it must "explore a range of options to allow undergraduates to study mi...Read More
CIBC has raised its gold price forecasts to US$2,300 per oz. in 2021, US$2,200 per oz. in 2022, US$2,100 per oz. in 2023 and US$2,000 per oz. in 2024.This year the bank assumes that gold will average US$1,925 per oz. in the third quarter and US$2,000 per oz. in the fourth quarter for a full year average price of US$1,800 per ounce.Silver prices are estimated to run to US$32 per oz. in 2021, US$31...Read More
Bloomberg Intelligence Strategist Mike McGlone explains why the price of gold could be headed for US$7,000 in the long-term.Read full newsRead More
Bloomberg Intelligence Strategist Mike McGlone explains why the price of gold could be headed for US$7,000 in the long-term.Read full newsRead More
Our collective future requires clean air and our pathway to that environmentally-sound planet demands energy storage systems.Read full newsRead More
When the market for heavy-duty electric trucks is still nascent, what are other cost-effective and low-emission fuel options that fleets that run big vehicles are embracing?Read full newsRead More
PORTOFINO RESOURCES INC. is pleased to report it has received assRead full newsRead More
Steppe Gold Ltd. is pleased to provide an update on the exploratiRead full newsRead More
The world's top gold miners are retrenching after COVID-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth.Read full newsRead More
Montr?(C)al, Qu?(C)bec - September XX, 2020 - Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF/ FRA: WK3D) is proud to announce the launch of the new "Uniden (R) Hero Series" line of cellular signal boosters dedicated to first responders in the USA, who rely on cellular connectivity on the front line to save lives and protect our communities. The "Uniden (R) Hero Series" comprises of 3 devices, the Uni...Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to provide an update to the on-going drill program at the Hughes silver-gold project in Tonopah, NV. To date, ten holes have been completed and two are in progress with two core rigs in full operation. Approximately 5,200 m have been drilled in completed holes. All holes drilled to date ha...Read More
Vancouver, BC September 15, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce a positive Preliminary Economic Assessment ("PEA") for the Company's 100% owned Long Valley Gold Deposit ("Long Valley" or "Project"), located in California, USA. The PEA demonstrates Long Valley's potential to generate strong economic returns while being in full complia...Read More
A gold mine has collapsed in the eastern Democratic Republic of Congo, killing at least 50 people, officials said.Read full newsRead More