Inflation, a weaker U.S. dollar, concerns over national debt levels, increasing gold prices, and rising investment demand - all stemming from the government's fiscal and monetary response to the COVID-19 pandemic - will likely be the key the drivers for silver prices through the rest of 2020 and 2021.Governments around the world have already spent tens of trillions of dollars amid the coronavirus...Read More
Chinese battery maker CATL is acquiring an 8.6% stake in Neo Lithium (TSXV: NL; US-OTC: NTTHF), which is advancing its Tres Quebradas (3Q) project, a high-grade lithium brine lake and salar complex in Argentina's Catamarca province, the largest lithium producing area in the country.CATL owns and operates lithium-ion battery manufacturing facilities in four Chinese provinces (Fujian, Jiangsu, Qingh...Read More
Operations at the Renard diamond mine in Quebec will restart this month, after a six-month suspension, Osisko Gold Royalties (TSX: OR) has announced.The September restart follows a full review of operations and the approval of a plan to reduce costs by $30 million over the next 16 months.The mine, operated by Stornoway Diamonds, has been on care and maintenance since the Quebec government mandated...Read More
Results from the first-phase exploration program at Atac Resources' (TSXV: ATF) 11.5-sq.-km Airstrip target, part of the 1,700-sq.-km Rackla gold property in east-central Yukon, have defined an orogenic gold system. Drilling has outlined mineralization over an area of 1,000 metres by 500 metres and across 300 vertical metres.Atac has completed 12 rotary air blast (RAB) holes to date, in addition t...Read More
Toronto-based Roxgold (TSX: ROXG; US-OTC: ROGFF) announced the results from a new exploration program conducted at the company's Boussoura project, located in the southern part of Burkina Faso, near the border with C??te d'Ivoire.Staked by the company in 2014, Boussoura is located in the West African Hound?(C) Greenstone belt, which is host to several large-scale operating mines, including Roxgol...Read More
Canada's Prime Minister Justin Trudeau appeared at the launch of Iamgold (TSX: IMG; NYSE: IAG) and Sumitomo Metal Mining's C??t?(C) gold project in Ontario.The prime minister attended the project's official ground-breaking, a ceremony that symbolizes the start of construction and that was also attended by local First Nations, Ontario Premier Doug Ford, cabinet ministers, members of parliament and...Read More
Wolfden Resources (TSXV: WLF) has released a preliminary economic assessment (PEA) for its Pickett Mountain massive sulphide project in northern Maine, 5 km from the nearest highway and 24 km from a rail line.The early-stage study outlines a mine life of 10.7 years producing a total of 600 million lb. payable zinc, 230 million lb. payable lead, 78 million lb. payable copper, 8 million oz. payable...Read More
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) said today that it had received $100 million from streaming company Franco-Nevada (TSX: FNV; NYSE: FNV), which it will use to progress its Alpala copper-gold project through to final feasibility and a development decision.The funding is part of a net-smelter royalty finance agreement (NSR) between the parties agreed in May, which guarantees Fran...Read More
The "digital economy vs. the hands-on economy."That's what the talking heads are now calling sugar daddy Jerome's (otherwise known as Fed Chairman Jerome Powell) "by any means necessary" approach to inflating the biggest asset bubble most of us will ever see.In the real world, the debacle that is the U.S. handling of the COVID-19 virus is leading those in the real world to some all-too-real choice...Read More
Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") reports the results for the first quarter ended July 31, ...Read More
President and CEO Robert Eadie explains why he is excited for the future of Starcore International Mines (TSX:SAM) ...Read More
Bruce McLeod CEO of Sabina Gold & Silver speaks at Mines & Money 5@5 Virtual Round table for the latest developments at ...Read More
At least 50 people are thought to have died when an artisanal gold mine collapsed near Kamituga in the east of the Democratic Republic of Congo on Friday afternoon, a local mining NGO said.Read full newsRead More
KINSHASA, Congo (AP) - More than 50 people are dead after landslides caused the collapse of three artisanal gold mines near the city of Kamituga in eastern Congo's South Kivu province on Friday, officials said.Read full newsRead More
At least 50 people are thought to have died when an artisanal gold mine collapsed near Kamituga in the east of the Democratic Republic of Congo on Friday afternoon, a local mining NGO said.Read full newsRead More
While the markets have moved higher this week, there is a lot of uncertainty surrounding investors. The V-shaped recovery since March has surprised Bay Street experts who think the market is not in sync with the economy, as Canada’s unemployment rates continue to remain high amid sluggish consumer demand.Warren Buffett-owned Berkshire Hathaway recently published its 13F filings, and it was q...Read More
The COVID-19 pandemic has taken a terrible toll. In many countries, cases continue to rise. Everyone, including the stock market, is hoping for a quick vaccine — our best chance at a return to normalcy.But the future is still uncertain. A vaccine may not arrive for years. If one is discovered this week, it could take many months to secure approvals, scale manufacturing capabilities, and dist...Read More
Sep 10, 2020 (Financial News Media via COMTEX) --FN Media Group Presents Oilprice.com Market Commentary London - August 27, 2020 - What do the founders and...Read full newsRead More
De Beers, the world's largest diamond producer by value, revealed today that it made about three times as many sales of roughs in the seventh sales cycle of the year as it did in the previous event.The Anglo American unit, which sells diamonds to a handpicked group of about 80 buyers ten times a year at events called sights, sold US$320 million worth of rough diamonds in the seventh cycle. That co...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) CEO Jean-S?(C)bastien Jacques will step down by the end of March next year over a mounting backlash against the company's decision to destroy ancient Aboriginal heritage sites in Western Australia.The world's second-largest miner said two other senior executives - iron ore boss Chris Salisbury and corporate affairs head Simone Niven, who had responsibility for Indig...Read More